Can someone help break this down for me?
Hello all, I accepted a position within a bank that is titled portfolio management Summer Analyst and I am trying to figure out what I will be doing on a day to day so that I can start prepping now to crush the internship. Below will be the description given on the application page and I was hoping someone could break it down and explain it to me and hopefully what I could be doing / expected to do and what models I'll be running, etc. Thanks guys. See below.
Portfolio Management underwrites and manages the debt capital X commits to its corporate client base. Portfolio Managers work together with Corporate and Investment Bankers, Product Specialists, and Risk Managers to deliver capital and strategic ideas to the X client base. Post close of a transaction, Portfolio Managers lead the credit relationship with their clients and actively manage and monitor the credit profile and exposure levels across their portfolios.
Any help would be appreciated.
This is corporate banking. You loan money to companies. They pay you interest on the debt. You make money. You just have to make sure they can pay you back.
Any idea on what sort of models I’d work with, or tasks?
Credit analysis models, leverage models, etc. Typical shit you'd run before loaning someone money.
Bump for morning crowd.
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Dude probably removed it for the sake of anonymity - no need to call him out on it
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