credit risk summer analyst - morgan stanley interview

Hello there,

I am having a summer internship interview with Morgan Stanley, and the position is credit risk summer analyst.

I am kind of confused about the job repsonbilitis for this job. Though I understand the job responsibilities of a credit analyst in a commercial bank include looking at an institution or person’s financial history and credit history to determine whether the bank can lend him the loan, I am not sure about whether it’s the same for the investment bank.

Also, do you by any chance know the potential exit opportunities for this position? How hard is it for a credit analyst to break into IB or PE?

Below is the selected job description for your reference: The Summer Analyst Program is a 10-week, rotational Program beginning in June. Analysts will rotate between the following two teams:

Lending Team: The Lending Team works closely with the Investment Banking and Capital Markets departments on the origination of loans supporting M&A, LBO, and other financing needs of the Firm’s corporate clients. Credit analysts are tasked with developing a thorough understanding of the nature and structure of lending transactions, conducting due diligence and fundamental credit research on prospective borrowers, and monitoring the financial strength of existing borrowers on an ongoing basis.

Counterparty Risk Team: The Counterparty Risk team works closely with Sales & Trading desks on the execution of a variety of derivative transactions to support the hedging and trading needs of the Firm’s corporate clients, hedge funds, and financial institutions. Credit analysts are tasked with conducting fundamental credit research on the Firm’s trading counterparties, understanding and quantifying the credit risk generated by traded products, developing strategies to structurally mitigate risks through collateral arrangement and other risk mitigation techniques, and monitoring the financial strength of counterparties on an ongoing basis.