"Specialty" Banking Credit Analyst Career Options/Exits
I recently graduated from a target west coast school and have been working at a mid-size (~$100BN AUM) bank for 9 months now as a "specialty banking" credit analyst in a rotational pool (2 year program). Pay is decent (not great for LA though), 40-50 hour work weeks (firm likes to sell that point even if it sacrifices a bit of profit I assume), really likeable and chill coworkers but noticing a trend where people leave after 2-4 years or stay long-term to be an RM. Division is separate from Commercial banking and has more corporate banking feel without officially being "corporate banking". Division also has its own capital markets group which is cool. Finished my first rotation group with ABL (not interesting), and currently working with the Project Finance/Renewables team (like it so far), with the assumption I'm going to finish up with the Structured finance group focused on fund finance, sponsor finance, leverage lending, etc. I just want to get y'alls opinions are where I can eventually pivot. Been talking to some alumni and heavily considering eventually going over to a debt fund or private credit which seems way more realistic than getting hired in at a PE fund. But in general, no BS, what should I do? Go switch to IB for a bit and get my stripes to make that eventual PE jump, and if so any group recommendations? Just go higher up to a bigger corporate banking role? Still bet on private credit/debt fund? Asset Management maybe? I feel like I'm in such an odd middle ground of finance that I can't seem to map out my options. I would really appreciate this community's advice on what my potential options and exits are?
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