All you need to know is how to control F 10ks and 10qs for rational behind financial performance and then control c it and control v it into your credit memo or update and change the words where needed.
I’d gtfo out the industry after 6 -12 months. Once you learn the commercial products and have a sense of the IB products, accounting, and how to put together a credit memo it’s boring af and the learning curve essentially vanishes.
Thank you! Any good technical tips or things to be knowledgeable about that would set me apart? I’ve been doing a lot of reading but wanna be as prepared as possible
I would say knowing how to finesse ppt and excel is great. You need to be able to read and interpret what's going on in a model on the job and you'll also be doing random ad-hoc database management tasks a lot so knowing how to build formulas and going through/organizing data is a big plus. It's hard for me to say because I did several years of commercial banking before corporate banking, so I kind of knew the components of a credit agreement, term sheet, etc. well ahead of starting as a corporate banking analyst - but that isn't stuff you can prepare for/learn before the job starts so don't waste your time trying.
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Following. Would love to know this as well..
Found this course to be pretty helpful when I was learning the fundamentals - https://corporatefinanceinstitute.com/certifications/commercial-banking…
Bump
A number of law firms have guides or primers to credit agreements, I think the one I used when I was in corporate banking was the Cravath one.
All you need to know is how to control F 10ks and 10qs for rational behind financial performance and then control c it and control v it into your credit memo or update and change the words where needed.
I’d gtfo out the industry after 6 -12 months. Once you learn the commercial products and have a sense of the IB products, accounting, and how to put together a credit memo it’s boring af and the learning curve essentially vanishes.
good money / client interaction / good hours / sensible people / always an exit opp into IB if needed - why leave?
Exactly why I’m not leaving.
These are some of the many reasons I wanted to pursue CB as opposed to other paths. Do you have any tips for someone about to be a SA?
there isn't much to it.. just like any other job - show up, don't be late, participate, and have a good attitude
Thank you! Any good technical tips or things to be knowledgeable about that would set me apart? I’ve been doing a lot of reading but wanna be as prepared as possible
I would say knowing how to finesse ppt and excel is great. You need to be able to read and interpret what's going on in a model on the job and you'll also be doing random ad-hoc database management tasks a lot so knowing how to build formulas and going through/organizing data is a big plus. It's hard for me to say because I did several years of commercial banking before corporate banking, so I kind of knew the components of a credit agreement, term sheet, etc. well ahead of starting as a corporate banking analyst - but that isn't stuff you can prepare for/learn before the job starts so don't waste your time trying.
Resources? Sure, how about leave corporate banking since it's a pigeon job. Get into PE or IB or S&T.
Exercitationem et officiis temporibus officia eum. Et facere repellat consequatur et. Deserunt aut consequatur corrupti totam. Quasi dolore aliquam labore non aut qui.
Dolores et qui labore quo architecto ratione. Dicta iure excepturi et ducimus quo exercitationem hic ut. Similique omnis eos dolores maiores quia.
Voluptatem reprehenderit sint nihil et pariatur. Culpa voluptatem ut rerum enim aliquam optio. Ut iure sit qui reiciendis. Ipsam voluptas aliquam doloremque est sit.
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