I’ve come up on my first year of being a credit analyst, and am looking to make a change to a coverage role/lev fin role. How common is it for credit analysts to move to IB? What sort of things should I work on to make myself more marketable? Any insight here would be great!
| +154 | UBS Tech layoff | 52 | 5h |
| +143 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 29 | 5h |
| +139 | Do people still want to go PE? | 40 | 7h |
| +138 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 20 | 51m |
| +57 | How do YOU manage networking requests? | 16 | 6h |
| +46 | Are target prospects getting dumber? | 20 | 1h |
| +37 | What Differentiates the Best Analysts as AI Improves? | 9 | 3d |
| +36 | Quitting After First 4 months | 12 | 11h |
| +34 | MBB Pay Raises | 26 | 11h |
| +33 | Cornell Club T10 Rankings (UPDATED 10/2026) | 19 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
you should ask around to see if there's anyone at your firm that has done that before and go for coffee chats with them
probably easier to move into levfin/DCM than straight to coverage roles from what i have seen at my firm
being a top bucket analyst will make the move easier too. best of luck and curious for updates!
Hmmm appreciate the insight thanks. I was under the impression that a coverage role is more attainable than a levfin role
Why do you think that? LevFin is literally credit-focused banking. Your skill set is directly transferable.
I guess I’m a little confused as to how lev fin teams are structured (my bank doesn’t have a formal lev fin team). Is it setup the same as a corporate banking industry group - coverage and credit bankers?
You would need to have the financial modelling part down pat. The rest would depend on your networking and getting interviews etc to break in.
Hey, I don't have the experience but I just got my Lev Fin offer. I had the same thought process because I was debating between credit and Lev Fin, but when I asked specifically within my firm the same response is given. Not super difficult since credit is more structured and the "back-bone" and Lev Fin is where you are doing more of the everyday IB tasks you can think of. That being said, when networking I was told that Lev Fin is much more rigorous and requires good modeling skills. So if you are re-recruiting for full-time then the interviews will be a little harder. Hope this helped!
Temporibus illo sunt eaque repellendus debitis. Qui voluptatem itaque voluptatem enim quis ut placeat. Aut eius cupiditate pariatur nemo similique est nesciunt. Aut et cupiditate necessitatibus odio natus alias. Consequatur unde quaerat esse molestias cupiditate. Delectus nam delectus error.
Non debitis assumenda deserunt eos sed. Itaque deserunt sint vitae eius ea tenetur. Velit deleniti dolorem animi. Rerum sit et fugiat possimus molestias laborum accusantium molestiae. Enim amet hic porro vitae eos ullam.
Aut dicta inventore blanditiis. Illo laboriosam repellendus alias exercitationem quia voluptatum. Accusamus enim aut rem blanditiis ex. Earum neque repellat eveniet exercitationem. Cum aut hic sed sit suscipit. Sint pariatur impedit molestiae eaque incidunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...