Commercial Banking - Quality Control ??
A regional bank is pushing me to take on a "quality control" analyst position rather than go through the traditional rotational credit training program.
Does anyone have any insights into this type of role and whether the traditional route would be better? From my understanding, the role will require training to use Moody's subscription-based credit risk software ... I am completely lost as to what this means. It seems more analytically driven and I would be working with numbers more.
Almost wonder if this is a joke... stay the FUCK away from quality control. You basically will be doing quality control checks on the Credit Analysts/Associate/PMs work - seeing if they are following procedures etc.
Rotational credit training program all day if you have the option.
It was not a joke. I was genuinely curious because the way they pitched it made it sound somewhat interesting. I am glad you responded and will be notifying them otherwise.
They pitched it to me as a more "numbers-heavy role with a lot of modeling"?
I really appreciate your input anon.
Just wanted to thank you again for saving my ass.
no problem. Did you take the Credit Rotational program?
Ended up not taking the credit rotational program. Desire to do CRE lending but the rotational program did not end up making sense (1 to 1.5 year program; 3-4 rotations; no guarantees I would be placed into CRE group) coming out of RE grad school. Floating with no offer until graduation currently, but still optimistic!
Just seconding the above. Take the rotational program or walk. This is completely back office and it's impossible to exit anywhere, which is probably why they are struggling to fill it.
Thank you anon.
I am glad my intuition caught on. It seemed kind of weird how they were pushing/selling it last minute.
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