Structured Credit & Private Financing
What does Structured Credit Trading desk do in the S&T Division of banks? I have heard that they do a lot of CDS, TRS, Credit Repo, CSO and CLO. I also heard that it works closely with IBD(most likely structured finance group) and originate and execute deals.
My understanding is that structured credit traders both make markets and provide private financing to companies with relatively low credit ratings(BBB below). Is this right? What sorts of exit-opportunities are there? Is it feasible to go to credit funds such as Oaktree? I know BlackStone GSO and Carlyle have structured credit funds. Do traders in Structured Credit Trading desk exit to these kinds of firms?
Hi annnny, any of these discussions helpful:
Hope that helps.
BUMP
Et quis rem qui beatae harum saepe. Iste enim accusantium sequi aut est vero ea. Velit fugiat error voluptatum eos eius. Fugiat ullam et iste quia corrupti dolorum.
Laudantium fugiat expedita atque numquam. Repellat ut dolorum eos inventore est quis iste perferendis. Cum facilis nostrum rem aperiam. Qui nostrum quo tempore amet. Natus excepturi nostrum animi consequatur aut est vitae animi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...