Is it still take Front Office above all?
If you guys had to pick- knowing what you know now about IBD, the skill requirements and the different banking groups, which would you go for? I would like to go into Investment banking/coverage after a couple years and wonder which of the below would best help. Both roles will provide me with modelling experience.
-1 is Credit Risk (Lending) at a BB (GS/MS) but I understand this is considered 'middle office'.
-2nd is a Front office MM Corporate Banking (CIB) role.
Cheers!!!
Go with whichever pays the most. But yea. Front office is considered more prestigious by leagues. Also, pats more. Also, better opportunity to lateral.
Thanks. In your opinion, would lateralling internally to IB in the BB after a few yearsbe easier than the MM CB role to IB at a BB? (I wouldn't really want to do the IB role at the MM bank in question). I know a few people at the BB bank who have made the same move internally but have no idea how easy it is to go from a MM name CB role into IB at BB.
bump
I would think CIB is probably a marginally easier transition to IB than Credit Risk, but I'd imagine the roles are somewhat similar as their both lending focused.
But don't take it from me, you want first-hand experience. Do a LinkedIn search for people who currently work in IB but formerly worked in Corporate Banking or Credit Risk. Send em a message and ask for a brief chat about their experience breaking into IB. Good way to get the info you're looking for and make a few connections in the industry at the same time.
In my experience, people with unique stories and/or who broke into IB through the backdoor tend to be more generous with sharing their experience and volunteering advice.
Thanks, I did try messaging some people the past few days and it seems fairly equal for both CB and Credit risk.
-In your opinion, would lateralling internally to IB in the BB after a few yearsbe easier than the MM CB role to IB at a BB? (I wouldn't really want to do the IB role at the MM bank in question). I know a few people at the BB bank who have made the same move internally but have no idea how easy it is to go from a MM name CB role into IB at BB.
There's no way for me to know that and I don't want to just feed you speculation.
Appreciate the no BS answer :) Will do
how do you do this exactly? i tried to do the search but i´m never able.
i want to search former Credit risk in MS that now work in IB or HF/PC
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