Leveraged Finance/Lending/Corporate Banking
How is a background in credit ratings viewed to get into leveraged finance/lending/corporate banking at the Associate/AVP/VP level?
It's pretty clear looking at job descriptions and from my conversations with a few people that they generally look for someone with a background in levfin/lending within a bank or private credit firm, but would credit analysts from non-banking backgrounds (for instance rating agencies) stand a chance given that they do possess the skillset to perform fundamental credit analysis, run models, review credit agreements etc.?