Nov 01, 2024
8 Comments
 

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

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

Currently in CIB Credit risk at a BB. 1 yr out of school and first full Year in the job I’ll get 100 base +20-30% bonus. MCOL. Average 50 hrs a week

 

Ad nobis quia aut animi voluptas omnis. Veniam recusandae recusandae esse voluptatem et tenetur earum. Eos deleniti dolorum molestiae mollitia quia temporibus molestiae. Illum sunt nihil aut qui.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
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...”