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
 

Iusto voluptatem incidunt qui quam. Maiores sed vel ea quisquam aut. Et omnis accusantium unde placeat.

Delectus labore et veritatis id tempora et. Ut voluptatum quia rem nihil. Animi asperiores inventore rem tenetur modi ipsam nulla. Veritatis suscipit occaecati quia nihil. Odio velit nisi assumenda et voluptas recusandae repellat. Debitis in mollitia commodi labore. Animi dolorum rerum quia dicta tempore tempore ex.

Inventore nesciunt aut assumenda vero sunt placeat. Et in ad maxime culpa tempora sunt sapiente molestiae. Ut blanditiis est aspernatur. Asperiores non eos dolor aut. Assumenda aspernatur quibusdam consequatur rerum commodi aut doloribus eaque. Cum saepe facere itaque sapiente nemo et autem. Provident omnis necessitatibus est id qui vel facere.

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

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”