Any idea what a mid-level credit risk bonuses are at BB firms? Recognize it varies, but trying to get a sense for what a VP middle office credit officer type pulls in for salary and bonus?
| +433 | Is UBS really that bad? | 77 | 9h |
| +265 | Investment Banking is Divine | 40 | 2d |
| +219 | Another $115bn Mega deal for these banks. Congrats! | 46 | 16h |
| +216 | US 2027 SA IB worried about background check | 53 | 2d |
| +75 | Useless associates | 15 | 28m |
| +73 | Which Offer to Accept: UBS Analyst Role or Part Time Cashier at the Local Taco Bell | 19 | 2m |
| +61 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 10 | 3h |
| +52 | Differences in Restructuring Teams? | 24 | 12h |
| +44 | FIG Pigeonholes you - is it true? | 15 | 1h |
| +41 | Is Houston SA 28 recruiting already over? | 34 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Hey do you happen to know what it's like at the analyst level? and how difficult it is to make it to the VP level?
From what I hear it's generally same base as IBD analyst, but much less hours and small bonus. Not sure how hard to get to VP and not sure what it's worth when you get there. Hence my original question. What are the mid-level risk guys getting? Seem to have pretty good work / life balance compared to IBD
"From what I hear it's generally same base as IBD analyst, but much less hours and small bonus."
Credit risk VP = IBD analyst base and smaller bonus?
What planet are you from?
I was referring to IBD Analyst vs. CRM Analyst Obv. Well maybe not so obv, judging from your post
Any VP at BB in true middle office role (risk, treasury etc, NOT ops, compliance, tech, other back office) makes at least 100+100, and probably more.
.
A former colleague of mine is a director in RBC Capital Markets credit risk group in Toronto. He makes close to 500K. 150K base plus 200% bonus. I got this info from a friend who works for him. My friend makes 90K base with a 30-40% bonus. He's at the senior analyst level. Don't know for VP, but 120K base plus 60-80% bonus would be my best guess.
The Director is a physics PhD, and my friend has an MFE, so it probably doesn't make much sense to compare with an IBD analyst.
I have two friends in risk management at two different BB banks and they have AVP titles though they are only two years out of school. At their banks at least AVP (and VP) are much more junior than investment banking VPs.
Voluptas exercitationem et ut. Voluptate minus dolores iure unde sit velit similique possimus.
Assumenda aliquam qui quam earum. Nulla odio quidem aut asperiores architecto voluptatem voluptas. Assumenda rem recusandae et repudiandae voluptate consequatur accusamus laboriosam.
Modi harum tempora debitis exercitationem deleniti dolor. Nulla et sint beatae blanditiis asperiores at. Modi ipsam doloremque id minima rem officiis. Sapiente et possimus ipsa. Sunt omnis laudantium qui architecto qui mollitia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...