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Career Resources
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Less volatile. Especially if client facing you’re fine. Just lower pay.
At the beginning of covid, Corporate Bankers were extremely busy. Companies were in a scramble for cash and the corporate bank provides liquidity to companies. Tons of revolvers & covenant amendments activity
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I'm in a BB RX group and the short answer is no. When we work with corporate banking teams it's typically on something more regular way. If we're looking at a DIP we typically take care of everything since it's our bread and butter. Corporate banking teams may be "involved" but it's mostly from a relationship standpoint. The only real work you may do is likely just KYC, etc..For exit financings however corporate banking teams MAY be a bit more involved, especially if they're taking over coverage after the company emerges.
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