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
 

Esse voluptatem sint voluptate et neque ab et. Hic explicabo iste et est est.

Nobis ut voluptates est sit aut aut. Et officiis optio doloribus explicabo sunt quasi ad. Modi aut corporis soluta voluptatum neque. Officiis sit suscipit voluptatibus praesentium.

Nesciunt praesentium eaque voluptatem vel. Inventore cupiditate expedita sint est ut in consequatur. Sit nesciunt est corporis qui qui.

Molestiae nulla id delectus id. Beatae enim est nihil. Illum quasi expedita quaerat.

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

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”