Originations/acquisitions job security during down times

I've been 1 year out of college and working as a financial analyst at a banking/lending company. I've been interested in originations and am looking to make an internal move. The only thing is I feel like there will be a industry down turn soon and am afraid originations analysts will be laid off industry wide? Thoughts please!

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Job security is all about being in a position where you are in demand meaning you are staying busy.

One of my friends was about be laid off at MF acquisition shop. They're not competitive on deals and with rates rising. Plus their equity has higher return expectations. The company said there is really no point to be in that position. However, they offered him to keep him on essentially if he does AM with a mix of acquisitions. AM is probably one of the safest fields to be in, but it can get very boring after sometime.

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