Moody's Structured Finance Analyst vs Citi Private Bank Analyst

allureofthegame's picture
Rank: Chimp | banana points 12

The Moody's role is an entry-level analyst position, which involving working in a team that rates a particular structured finance product (I won't know until months after I accept which group I would be in).

The Citi Private Banking role is a 2-year rotational program that has six-month rotations in Investments, Sales, Trust/estate planning, and something else (I forget the fourth).

Ultimately, I am trying to figure out which of the two do you think would be better in:
- career development/exit opportunities?
- developing technical skills?
- moving on to work in I-Banking, PE, or a hedge fund?

Thanks in advance for the input.

Comments (7)

Nov 11, 2012

Moody's 100%. I almost interviewed for that same position, but passed when they didnt invest any time in getting to know me - or in having me get to know them. They invited me straight to the superday, which made me feel uncomfortable with how they see their junior level people.

In any case, Moody's will have you using/learning the technicals you need. Once you think the learning curve is flattening, just leave. It will set you up well for a career in investments, provided Citi and Moody's are your only two options.

Nov 11, 2012

A caveat would be, if you want to do sales - go the PWM route

Nov 11, 2012

Thanks for the input. I'm not all that interested in sales, much more so in analyzing investments. I definitely think you're right about me getting better technical knowledge at Moody's..I just wonder if that could land me at an I-Bank, PE shop, or hedge fund one day or whether I would be better off having a name like Citi on my resume

Nov 11, 2012

Fuck the name. Citi might not even be around 5years from now, who knows.

If you want to work at a fund one day, go to moody's. Try your best to skip I-banking, its not what you want to waste your years on. Stay focused on the investment analysis work.

After 1-2years at Moody's, re-evaluate where you want to go. If you still feel that investing is your goal, move to an asset manager. This should be a relatively easy transition

Nov 13, 2012

Isn't the investment analysis work you do in Private Banking more relevant to asset management, considering you spend a lot of time following the markets and generating investment ideas? I'm afraid the Moody's role might subject me to only research roles in the future.

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Nov 13, 2012

Out of curiousity- Is there much transition from people in rating agencies to banks/HFs. Seems like this could be seen as a huge asset/also potentially encountering some legal issues?

Nov 13, 2012