What are the Underrated roles in credit?

Based on the most helpful WSO content, here are some underrated roles in credit that offer good work-life balance (WLB), compensation (comp), and exit opportunities (exit opps):

1. Sell Side Credit Research:

   • Pros: Potential to transition to private lending or credit hedge funds.
   • Cons: May require finding a mentor invested in your career.

2. Private Credit at a Hedge Fund:

   • Pros: Often better culture and mentorship opportunities.
   • Cons: Competitive to break into.

3. Commercial Credit Analyst:

   • Pros: Solid foundational role with opportunities to move into other credit-related positions.
   • Cons: May require networking to find better roles.

4. Private Credit Workouts Role:

   • Pros: Specialized role with unique exit opportunities in distressed or special situations.
   • Cons: Niche field, may require specific expertise.

5. Transitioning from Lev Fin Internship to Private Credit:

   • Pros: Good stepping stone for full-time opportunities in private credit.
   • Cons: Requires leveraging internship experience effectively.

These roles might not always be in the spotlight but can offer strong career prospects and a balanced lifestyle.

Sources: Best Credit Sector Roles?, Q&A: VP in LO Public Credit, Q&A - Commercial Banking Credit Risk SVP in Southeast USA, Q&A : Credit (DL, SSG), Restructuring --> Direct Lending / Private Credit