Corporate / Commercial Banking Role
Hi All,
Keen to gather your thoughts and feedback on a new role I am about to start.
It is an avp/associate level role as a credit analyst in their corporate/commercial banking department. I would be looking at loan structures that are mainly secured syndicated working capital facilities and some bi-lat stuff. The role from what I understand is working with the RM team to provide credit risk input on the transaction as well monitoring existing portfolio of credits. So a lot of credit analysis on the client with some light modeling - mainly CF focused. Coverage would be strictly in the commodity space.
Some key things that jumped out to me - organizationally the role is moving into the FO and that they typically promote within the bank to more traditional FO roles.
Comp I am looking at 140K all in (bonus probably only 10-15%). I am 6 years out of non-target school with 3.5 GPA. I am almost nearly doubling my current comp (i work as a credit analyst at a physical commodity shop).
My goal is to try to make RM within 2-3 years or try to lateral into a more IB focused role (lev fin). Wondering what your thoughts are? What I should focus on while I'm there? Any other alternative exit opps to consider?
IB has always been something I wanted to break into but did not really play my cards right after school. I took an ops job at a BB right after school before being able to land my current gig as a credit analyst.
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