Buddy of mine sent me this earlier. I’m stumped. Hard to tell from the description. But as they say, if you have to ask...This is in what appears to be a Workout or Special Credit group at a BB working with Distressed companies. Also, what kind of hours/salary would this role entail at the Associate level? (Major market (NYC/SF/Chicago)
- Analyze proposed Debtor in Posession Financings and amendments to credit agreements for Distressed and Highly leveraged borrowers
- Will serve as intermediary between Relationship Managers and Credit Team
- Assist in the ongoing monitoring of credit risk positions
- Prepare portfolio and credit reports
Bump
Based off that description alone, it's kinda borderline if that position is MO or FO. There's real finance work involved but the description reads similar to some of the MO Risk roles that recruiters have sent me.
Looks like a good gig and skills are very transferable/marketable.
I'd expect base to be street, bonus will depend on whether that bank views it as MO or FO.
Assuming this is MO, what would the hours be like? Also, would the interview be pretty technical?
Trying to offer good advice here but I’m not sure. The description reads like it is somewhat MO.
Confirmed that this is in fact MO.
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