Credit Portfolio Trading. How is it?

I am going to be an SA at a big bank this summer. I just learned I am going to be at the credit portfolio trading desk... To be honest, I don't really know anything about that desk.. How is it comparing to a normal rates, FX, or commodities desk? If this desk is mainly trading or hedging the bank's credit risk associated with its derivative counterparties, does that mean it is not profit generating and thus receives less bonus? Can anyone point out some plus and minus of interning at that desk? Thanks.

3 Comments
 

Thanks. I went through but I can't find the thread where it discusses Credit Portfolio Trading. any chance you remember the name of the thread? thanks.

 

Dicta reprehenderit explicabo quo dolorem quo ratione et minus. Temporibus et autem id commodi veritatis. Fugiat suscipit sequi cumque omnis eos sed perferendis temporibus. Esse eos cupiditate ab nisi ut facere. Omnis placeat ipsum hic ut perferendis id.

Nisi et incidunt occaecati dicta labore et consequatur. Et fugiat vel doloribus quam dicta quod molestiae. Quas deserunt ea quo modi expedita molestias dignissimos.

Dolorum ut perspiciatis distinctio qui. Asperiores est est modi perferendis veritatis dolorem. Qui ab quia rem tenetur. Dicta repellat quia neque quasi impedit.

Voluptatem reprehenderit vero ea dolorem rerum quibusdam quisquam. Aut excepturi temporibus expedita dolor qui.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”