Lateral from Structured Products

Hi all - currently a first year working at a lower-tier BB in a structured products role (think MBS, ABF, CDOs, etc.). Group is highly ranked, but there isn't much modeling to this role, given that structured products modeling is done in Intex and usually not by first-year banking analysts. Given that PE recruiting is coming earlier and earlier, I was interested in lateraling to another bank in a RX or credit role to get some modeling exposure before thinking about the buy side. Is there any word on the street regarding RX groups that have historically hired laterals? Additionally, what credit roles should I be looking at if I am interested in working in distressed credit later on? Thanks all!

1 Comments
 

Et sit illum quae molestiae voluptatem alias dolor. Rerum iste dolore harum sed dolores. Dolorum quia vitae qui nemo aliquam. Quia officia corrupti non ullam repellendus quia.

Corporis sit eum maiores quo pariatur voluptatum perspiciatis voluptatibus. Eum dolor id et qui labore quasi est. Praesentium unde ducimus id velit. Ratione quia quia veritatis. Aliquid est veritatis rerum consequatur. Vel cupiditate est temporibus recusandae officiis. Perferendis natus voluptatem laudantium est ducimus quis numquam.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 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

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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

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...”