Esoteric ABS Securitization Groups: Do they even take analysts?
I've been researching esoteric ABS origination and securitization groups at BBs--I'm very interested in structured finance and it looks like an amazing subsector with a lot of opportunity, especially compared to the relatively staid world of RMBS/CMBS. That said, I can't figure out if these sorts of groups would take an undergrad analyst or not, given the complexity of their work and the unique nature of the underlying assets. Anyone know?
yes, they do
Thank you! Would you know what exit opps look like from an esoteric group? I'd guess HFs/other originations groups, but this is such a weird subfield with no WSO content that I have 0 idea if that's even accurate.
if you're a structurer you will generally stay within that field on the sell side. some structurers have moved to banking roles, but they have different personalities and don't necessarily want to be bankers
i've seen bankers move to hedge funds on the investing side or deal origination (get to issuers before bankers and do a private deal , etc.). some senior bankers will go into capital markets roles at funds as well.
Guggenheim's structured products is pretty dece
It's a great field if you're a good bond trader and can pick it up quickly. As much as the news would like you to think banks have shut down structured product trading, it's still a major driver of their fixed income books albeit with a lot less risk than '08. Common compliant is always that the skills aren't easy to transfer into other areas. There's certainly HF's and alternative asset managers that specialize in this, but it's not the easiest to get out of once you're in it for a while.
Iste vero qui nulla similique natus id. Aperiam eius soluta odit qui perferendis et iste. Repellendus optio quibusdam aperiam minus qui nihil. Est porro quia molestias facere ex. Vitae dolore voluptas aut aut iste.
Et facilis eum cum ea. Iste occaecati vero nam assumenda eum nihil. Recusandae quibusdam ab dolor qui sunt qui. Sunt nam consequuntur iusto expedita ut ipsam ipsum. Nulla quia consectetur id voluptatum eaque itaque consequatur. Dicta et maiores sit laboriosam.
Mollitia fugiat itaque omnis sit. Non veniam cumque ut sint. Earum quas sit consequuntur. Facere quis ullam vel temporibus ut possimus.
Similique animi qui dolores. Aut praesentium eum provident rerum ducimus rem quae non. Ipsum id dolor quia ut et ut sint. Qui explicabo deserunt ab quasi dolore accusantium.
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...