Capital Markets Exit Ops, pay, and prestige?

Question

Just got summer offer for capital markets role at a BB. Looks like it will be Leveraged Finance Capital Markets, which, from my knowledge, sounds like LevFin Syndicate desk. I know they have a separate LevFin group, so doesn't sound like it'll be regular LevFin banking. Doesn't sound like it'll be ECM, maybe chance at DCM, but probably LFCM.

What are exit Ops for a role like this? Also how does pay compare to regular IBD?

Thanks

What are exit Ops for a role like this? Also how does pay compare to regular IBD?

Thanks

loanboy043 · Accepted Answer

i am in this space and can weigh in. just DM me if u wanna know what we actually do.
but u can go to buy-side credit funds, and I have examples where that has happened, including Jefferies and even Natixis - which prompted job postings / interviews to replace that role in the past year.

finance_is_lit · Answer

How do you not know what the role you got an offer for is....

StartedOutLocal · Answer

Don't want to post name, but from what I heard they have a strong LevFin group, not exactly sure of the dynamics of LevFin vs Coverage/Sector groups, but the LFCM group is responsible for marketing the deal, providing market analysis and comps to the bankers for the deal, and the more Sr. folks are more involved in the structuring and pitching throughout the process. So i've heard. LFCM here has little to no modeling experience, but they follow the transaction and are 1/2 market facing 1/2 banker facing

jimmydiamond · Answer

If it's JPM or BAML, those are the top LevFin groups.

Sounds like a unique role, but probably won't be the "experience" that buyside firms will want.

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Capital Markets Exit Ops, pay, and prestige?

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Capital Markets Exit Ops, pay, and prestige?

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