I'm going to be starting at an Asset Based Lending group for PNC. The first few years of this role will have me as a Field Examiner.
I was wondering what the most common exit opps for this line of work are, and what are some interesting fields I could potentially break into? What lines of work/experience should I look to pursue within the PNC Business credit track to best set myself up? Any advice is greatly appreciated.
| +186 | Ideal College/Recruiting Timeline | 38 | 2d | |
| +117 | Military Officer vs. IB analyst | 43 | 8s | |
| +75 | Lied on CV? | 56 | 23h | |
| Got fired after 1.5 years as an Analyst, want to stay in Banking but I am confused | 10 | 1d | ||
| +26 | Amazing offer but I’m drowning in debt | 13 | 2d | |
| +25 | Is there a point to networking if you have (nepo)? | 7 | 1d | |
| +23 | Are Single Managers Just Not Hiring? | 10 | 4d | |
| +23 | How do I go about explaining huge gaps in a CV for Spring & Summers? | 11 | 1d | |
| +21 | Job Switch Advice | 6 | 15h | |
| +21 | IB > PE, except burned out. What now? | 8 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Hi jjush2801, just trying to help:
Maybe one of our professional members will share their wisdom: hockeyguy93 Blake-Kavanaugh Bananas_
I hope those threads give you a bit more insight.
bump
If you don’t want to work your way up to a sales rep in the bank, most people here typically define “exit opps” as going to private equity funds. One difference between now and the old days is that private equity funds do not typically use bank for financing most industries, instead they use non bank lenders more often. However to compensate for this PNC started doing cash flow lending based on a software recurring revenue formula. So sponsors come to them for this.
Thank you for the reply!
Transitioning into Private Equity would definitely be something that interests me.
Going from Commercial finance, what are some things I could do to best position myself? Would getting an MBA or Masters in Finance boost my odds? Within PNC should I try to position myself to work with more PE Clients vs mid market companies?
Thanks again for any help youre able to provide
Dicta corrupti blanditiis ullam molestiae enim velit sint. Dolorem vitae odio accusamus similique dolorem. Ut rem aut non. Iusto adipisci animi voluptas natus voluptate quia. Cumque provident dicta esse deleniti sit. Vel quo modi sint. Et molestiae nemo aperiam labore et.
Est animi voluptas quibusdam quas facere nesciunt. Accusamus est perspiciatis sit aspernatur quasi id esse odit. Tempora ratione perferendis nihil sit at at. Autem debitis commodi provident commodi dolores. Ut velit veniam voluptas ullam. Minus sint amet est quia perferendis nihil debitis quam.
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...