Feb 04, 2025

Out of Operational Risk To Credit Risk (Commercial / Corporate Banking)

I’m currently a Senior Analyst in Operational Risk at a development bank in Canada (previously spent three years at Big 4 Risk Advisory in Operational Risk, Consultant → Senior Consultant, graduated from non-target school with decent GPA 3.8/4.3). I I’m looking to pivot into credit risk at international banks like UBS, Deutsche Bank, J.P. Morgan, Morgan Stanley, Citi or others.

I understand the typical pathways could involve:

  • Lateral moves within my current institution (not really an option in my case as I do not see myself staying with this bank/in Canada).
  • Applying directly for credit risk roles, associate level (but competing with candidates with direct experience).
  • Moving into a credit analyst role first, then transitioning into a more senior credit risk position.
  • Starting in Commercial then moving to Corporate banking

My main aim is to get out of Operational Risk as it is to qualitative and dead-end. Given my background

  • What would be the best way to position myself for this move?
  • I'll already be 27/28 when taking that potential step back any thoughts on that?
  • I can only leverage the fact that I have overall Risk understanding as I was in Risk advisory, the fact that I had client facing role at Big 4 and my promotion there, no quantitative work

Any insights from those who have made a similar transition would be greatly appreciated!

Thanks in advance!

1 Comments
 

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