Which option would give me a better opportunities in credit?
Am considering two opportunities and was wondering which of the 2 would give me better odds from pivoting to buyside credit roles / BB FO Credit roles:
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Top BB Commercial Banking Analyst
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CIB Corporate Lending Analyst at a European bank (think: BBVA / Santander)
I know that corporate lending / banking in general is better than commercial banking; however, given that it would be corporate banking at a pretty bad bank (BBVA / Santander), I'm not sure whether there would be strong deal flow / learning opportunities / exit opps relative to the BB brand name / platform.
Would greatly appreciate some insights on which opportunity is better for exit opps. Thanks!
Intern in IB - Gen, have you checked out these or run a search:
More suggestions...
You're welcome.
My opinion would be taking a brand name learning every thing you can about credit in the commercial banking and in a year seeing if gain any traction in the PC space. If not, try to lateral internally after your analyst stint ends to a leveraged finance or financial sponsors. I would’ve say corporate banking and I know someone who made the jump but it is easier once once you that lev fin experience or know some the sponsor relationships your bank has. I wouldn’t go to the BBVA bank because a lot of these type banks tend not lead credit deals. I’ve seen Santander on some of sponsor credit related deals but never has a lead. This could be a decent option if that’s where your offer but not sure how it comp compares to other banks.
Thank you so much for sharing your opinions and insights on this! In regards to internal mobility at BB (asking as I see you work at Citigroup), how lenient / flexible are BBs towards internal mobility after a year or so on the job? Would it be easier to just try to recruit for a better job externally or internally?
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