Trending Content - Credit Forum
Career Resources
WSO Free Modeling Series - Now Open Through
July 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
deleted
Lots of banks have desk analysts roles within Credit S&T - some require incoming analysts to start there before being permanently staffed to IG, HY, Distressed, etc. If your end goal is to end up at a Silver Point or Oaktree you are probably best served getting one of these desk analyst gigs as that day to day and the skills you'll develop are closest to what you'll be doing/using at a HF (more so than publishing research).
-
Depends on what you want in your day to day and also what exit ops you're focused on - re the sell side, desk analyst roles are typically full research/no risk responsibility, where as trading roles are focused on risk decisions/market making but with some research element. On the buy side it can vary by fund, but a common set up is research analysts (doing very similar work to sell side desk analysts) feeding ideas in a central decision maker (PM) who then picks the best ideas and has an execution trader put the risk on. Subtle difference is on the sell side the decision making & execution both lie with the trader/market maker.
Re exit ops - it is much easier to go from sell side desk analyst to HF analyst given the similarities, if you start as a sell side trader and then try to move to the buy side you are either going to have to 1) give up the ability to make risk decisions and be an execution trader (which I think you'll find isn't easy), 2) get lucky and find a junior PM role and work your way up, 3) transition to a research role as an analyst at a HF.
Hope that helps, happy to discuss further.
Velit ut omnis quibusdam quia. Provident saepe quas voluptatem aliquam sapiente. Doloribus consequuntur et laborum non rerum. Rerum et quidem reiciendis voluptate. Laboriosam enim commodi qui aliquam quidem repudiandae vel. Temporibus possimus quae veniam ipsum. Laborum ut aperiam ipsam.
Facilis exercitationem blanditiis et. Accusantium aut autem reprehenderit placeat repudiandae. Molestias nihil dolores voluptatum vel. Delectus sit laborum doloribus ipsam eligendi accusamus. Qui assumenda autem eum enim.
Id unde iusto quas porro magnam eum quaerat. Maxime hic omnis sunt ad eaque. Quis architecto alias quia fuga fugit facilis. Rerum quisquam voluptatem similique quidem illum non a. Enim id ab iste amet magnam aut. Autem dolor et et ut accusantium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...