Advice for First Job: Credit Analyst (Commercial Credit Administration)

Hi, everyone. This is my first post so pardon me not knowing how things go on here.

I graduated this past May with a degree in econ. I was very fortunate to land a Credit Analyst role last week (commercial credit administration) at a MM firm that starts in January. Before going into this role, I want to put myself in the best position.

In terms of the industry, does Credit Analysis best fit under Asset Management or Corporate Finance? Or does it fit under a completely different industry?

Furthermore, what should I make sure I know going into the job? The company is going to have a month long training program but I want to be sure I know as much as I can going in to make learning new information easier. I figured a 1st year credit analyst is going to be using accounting basics, maybe some modeling, but what specifically do I need to know/what specifically can I learn to best position myself to be successful? I am enrolled in Wall Street Prep courses so I can use that, if it is best. I know they'll teach me what they want me to know but I figured it would be best for me to go ahead and learn as much relevant information as possible .

Thanks.

Add comment

Start Discussion

2 Comments

WSO Monkey Bot

The Addict

O

5y

Hey Goo Lagoon, I swear if I had a silver banana for every lonely thread I posted too I'd be richer than @compbanker ...

1st year analyst- how to prepare for 1st year end review this year? 1st Year Analyst (started in June) after UG How should I prepare for the year end review that will ... I should expect my raise? I've only been on the job a few months now. Originally, I had assumed my ...
1st Year Mega Fund (MF) Associate Compensation Hi, I've heard various numbers thrown around for all-in first-year associate compensation at ... help me pinpoint a realistic expectation? Thanks! Starting Salary for PE Analysts While the starting ... Madden_Arps- Private Equity Vice President wrote: This is for Summer 2013 Starts: Apollo: $140k base + $125k ...
Finishing 1st Year as HF Analyst- Ask Anything a pretty traditional route to get the job: Target school Top banking group HF job through headhunter Not ... I "cover" several industries (co-coverage with a few senior analysts) and while I typically stick to ... fundamental L/S, I've done some event-driven and credit/distressed investing. Ask me any questions about ...
Best M&A Book for 1st Year Analyst Preparation Hi Guys I passed the first round interviews for CS and DB and will probably have the next ... interview in January if they don't decide to cut the analyst positions, which I am really hoping for ... ... Well for the Interviews I used Vaults Guide to Finance interviews and another Book that I got in German ...
Is your group hiring any first year analyst or 1st year laterals with 4 months exp? know of an opening within their group or another for an entry level/ 1st year analyst role? I am not ... Hey guys, I am currently at a small MM, and I was originally very happy to get the job and thought ... I would truly enjoy the small office life (less than 8 bankers), but I am not a fan anymore. When I first ...
AMA: Reflections on 1st Semester at Columbia Business School So just for Morgan Stanley, there were ~80 1st round interview spots for Columbia Students across ... For example, for 1st round interview slots, Eaton Vance has 13 slots. Also, whereas Goldman Sachs will ... Harvard, Wharton and Columbia. PIMCO recruits for specific positions (i.e. portfolio management or credit ...
First Car for 1st Year IB only be my car for like two years until I can afford the dream car. Thanks for your input! 1st job ...
More suggestions...