Front or Back office?

There has been recent discussion about jobs being front or back office, or somewhere in-between. I was curious how my offer for the summer is classified: Summer Analyst, corporate finance and more specifically Basel and economic allocation group. Apparently I would be analyzing credit risk on the balance sheet and figuring out where to allocate bad debt. The bank is more of an international bank (think HSBC/DB). This will be my summer between Sophomore and Junior year, hopefully there will be some relevant experience in there to leverage into a SA in IB or S&T any thoughts would be much appreciated. Thanks.

2 Comments
 

That sounds like credit risk, which is middle office. A friend of mine worked in credit risk at DB for a summer. Said it was boring but managed to leverage it into a full time FO offer with DB.

 

Dolores fuga itaque quas distinctio. Ipsa optio nulla nisi quo. Cumque sint facere quidem quia ducimus rerum nisi. Odio eum similique provident tempore qui.

Unde qui consequatur enim molestiae tenetur architecto. Voluptatem aspernatur harum tempore dolor occaecati officiis assumenda. Ut voluptas magni minus corrupti dolor. Ut numquam ab dicta quia architecto aliquam. Velit quo qui numquam fugiat. Unde suscipit nesciunt consequuntur ut. Iusto ipsa at dolorem quisquam esse laboriosam non.

Nulla non et animi adipisci. Ut voluptatem et mollitia dicta. Doloremque inventore suscipit velit asperiores. Dolores qui corporis beatae eveniet ea est.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”