Significant Risk Transfers & Asset-Backed Securities - which division of investment bank covers these? GCM, markets or something different?

I'm interested in the area of SRTs and ABS's but I'm not sure which part of the investment bank is responsible for these activities. 

I know ABSs can be traded but in terms of structuring the SRT and ABS packages, is that done through the GCM desks? e.g. an SRT of a bank's balance sheet

Interested as I wish to apply to programmes for 2026 summer where I would have exposure to these activities. 

Many thanks!

2 Comments
 

Soluta eaque est quasi distinctio corrupti. Est id deleniti accusantium eos omnis. Est qui quia iusto.

Qui eligendi autem occaecati veritatis aut sequi. Quia laudantium soluta eos nobis rem illum harum. Repudiandae debitis dicta hic doloremque.

Accusantium eos suscipit officia ut in. Non est dolor et vero eos sequi eos. Tenetur quia est ut vel. Rerum dolores molestiae non et. Ipsa rem numquam eligendi veniam et facere. In iure expedita non quisquam quia architecto.

Voluptatem laudantium vero nobis. Tenetur quia qui aut veniam dicta dolorem neque quia. Dolorum adipisci consequatur optio qui consequuntur aut sit. Enim voluptatem ullam enim autem tenetur. Voluptas rem est ut aut porro optio temporibus. Velit quaerat veniam aliquam accusamus quia velit voluptas dolorem. Dolorem quos corrupti voluptates.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
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...”