Asset Based Lending Career Progression / Compensation expectations
I've posted this before but I'm a couple years in now and have my feet wet a little bit. I was wondering if anyone who's been in ABL for a few years has any insights into the following.
's reputation - I'm with PNC currently and internally people speak highly of our ABL group, I'm wondering if this view is shared at other banks. Do people think highly of PNC hires etc?
Salary expectations - at PNC the origination and sales role is split up from the RM role (RMs typically manage the portfolio and focus on cross sell from my understanding) right now I'm on the credit side as a jr. Underwriter, understandably sales makes the most money but what's the salary bonus structure etc look like at other banks on the credit side? Is it best to try to move to a sales and origination role as soon as possible
Exit Opportunities - What types of roles have you seen folks in your group transition into?