Dec 18, 2023
6 Comments
 

Hey there,

Based on the most helpful WSO content, there are several exit options you might consider after gaining experience at a top rating agency.

1) LevFin BB's: Leveraged Finance at Bulge Bracket banks is a common exit path. Your experience in ABS and RMBS transactions would be highly valued here.

2) Direct Lending shops: Particularly in the high yield/acquisition finance space, your skills and experience could be a great fit.

3) Credit Hedge Fund: If you're interested in the buy-side, a credit hedge fund could be a good option.

4) Mid-Market PE shops: While not as common, some have made the move to mid-market Private Equity firms.

5) Equity Research: This is often seen as the most logical next step, especially if you've developed strong analytical skills.

Remember, the key is to leverage the skills and experience you've gained at the rating agency, such as credit analysis, cash flow modelling, and sensitivity analysis. These are highly transferable and sought after in the finance industry.

Hope this helps and best of luck with your next move!

Sources: Q&A: Big 3 Ratings Agency, Global Credit Rating Agency ---> Backdoor to High Finance, Q&A: Ratings Advisor (HY/IG Markets) in Asia, What are some exit options for S&T Associates in FI/Rates?, Exit options for a girl (Assoc) in PE?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Thank you so much for your reply ! In what category does your bank falls in ? And in which jurisdiction ?

 

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