Leveraged Lending vs. Leveraged Finance

Hey all, what're some of the key differences between working in a MM Lev Fin group and working on a leveraged lending group? I have an interview coming up in a Leveraged Lending group and it seems a lot like Lev Fin, except that it's for a pure commercial bank. This team doesn't underwrite high yield bonds and seems to take more of a lend and hold strategy rather than taking the loans to market like a Lev Fin group, however from the research I've done, most middle market LBOs are financed by senior debt and mezz, so I'd assume MM Lev Fin teams aren't underwriting HY bonds to begin with. I think I have a solid grasp of Lev Fin overall, but the way this position is being marketed I really just want to make sure I get the nomenclature correct.

1 Comments
 

Sed facilis a non necessitatibus atque perferendis eius. Quaerat mollitia at minus occaecati quibusdam. Repellat ut nihil non voluptatum unde dolorem.

Accusantium dicta dolorem rerum laboriosam et et. Unde ipsa voluptate consequatur numquam blanditiis fugiat delectus qui. Magni consequatur vel suscipit hic veritatis velit ut mollitia. Minima animi temporibus vel adipisci laborum.

Error labore dignissimos est. Eum autem et dolores nobis deleniti rem neque. Ut voluptate velit ea est occaecati nemo vel. Nobis aut vero quis laboriosam vel quia rem dolores. Tenetur quos veniam aut suscipit. Error reprehenderit eius quia sapiente sit quos nisi nemo. Est amet ipsum nostrum praesentium debitis aliquam.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”