Off-Cycle Restructuring/Distressed vs. Junior Credit Analyst

Greetings from Madrid,

I am a graduate student from a non-target school that has the opportunity to enter in a top local boutique as an off-cycle analyst, with exposure both to restructuring and advisory (mainly for American distressed funds), or to enter as Junior Analyst at his former employer, an operating partner for various private debt funds in Spain.

The reality is that I feel more attracted towards the first option; however, a normal salary would also be a nice thing to have after having graduated 1 year ago...

Please let me know what you think about it!

Regards,

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Off-Cycle Restructuring/Distressed vs. Junior Credit Analyst