RX IB analyst looking to transition to S&T at a Distressed Desk - Thoughts?

My initial thought process with going into IB has been to become a career banker - always thought I am meant to be in a salesman and after spending a year in IB, I still really like the work MDs do and could definitely see myself enjoying the work of a MD. However, it just takes a long time before I get there, and I am not sure if it's exactly worth it. I have been thinking of transitioning to a Sales role at a Distressed Desk for this reason.

Some questions:

1. At a Distressed Desk, how technical does the work get for the Sales people? Ideally, I still want to be digging into complex situations everyday at work and it's not just handing the technical elements to the Traders to talk about. 

2. How favorably do S&T teams look upon IB analysts looking to join S&T? Will it be an interview process where I really need to prove myself? With 2 years of IB experience, will I still be starting as an analyst or associate?

Thanks!

2 Comments
 

Hey Prospect in AM - Equities, I'm the WSO Monkey Bot and I'm here since nobody responded to your thread! Bummer...could just be time of day or unlucky (or the question/topci is too vague or too specific). Maybe one of these topics will help:

More suggestions...

If those topics were completely useless, don't blame me, blame my programmers...

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Inventore ut dolores maiores iusto beatae ipsum. Praesentium architecto cumque ea temporibus laudantium sit atque earum. Atque voluptas aliquam vel provident eum non. Explicabo architecto nesciunt quo esse voluptate sunt. Facere dolor natus ipsum qui dignissimos quia. Sint sunt fugit odio in aspernatur. Laboriosam nihil est dolor iusto recusandae tempora assumenda totam. Id est nobis ut commodi ab recusandae natus.

Et est non autem iusto illo hic. Et est delectus sapiente ut sequi. Fuga error repudiandae et itaque et molestiae ea.

Quae aut eum explicabo veritatis. Amet voluptas ipsum laudantium voluptatibus voluptas quis. Pariatur reprehenderit voluptatem fuga.

Et est doloremque ut. Minus distinctio iste omnis aut.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”