Syndicated Finance/Loans or Investment Risk for 1 year?

Hey all. 

I have 2 offers I am torn over and not sure what to do. 

The ideal goal is PE (I know likely I won't make it, but that's my general direction).

Also, I plan to work at either of these firms for a year then ideally leave for a top masters i.e. LSE MSc Finance.

Offer 1:

Trainee Investment Risk Analyst - Large Asset Manager - $1tn AUM 

Offer 2:

Trainee Syndicated Finance/Loan Syndication Analyst - EU Balance Sheet Bank

Now for Offer #1, there is a decent chance I can move to an FT FO role e.g. Equity or Credit Analyst after 1 year of performance, or at least do a short stint in one of the FO teams during my first year. 

Now for Offer #2, From my understanding, I won't be doing much complex modeling, if any. Mainly pitch materials, help with underwriting, market updates, and some very basic risk/pricing of loans. 

Curious which experience would be best if I apply for IB/Advisory roles (after Masters)?

Neither of the roles seem relevant to my goal. Offer #2 seems nice because it's within the "banking" realm but as I will barely do any financial modeling or anything complex, not sure if people will care about this experience when I apply for IBD at BBs. The role seems much more closer to Sales within S&T than classic IBD.

On the other hand, Offer #1 gives some flexibility where it's a decent name, I will do some quant work and there's a chance I end up doing some actual fundamental analysis for the FO teams. E.g. pitching a stock or in-depth analysis requested by PMs.

I probably don't know anything given I don't have much work experience or connections so thought I'd get other opinions here.

Thanks.