Pigeonholed in Asset Based Lending

Hi All,

I'm an ABL Risk Manager . I work in a mid sized bank at a back office so I do not have a sales goal. I feel grateful for the low stress, decent salary (100K + all in) but I feel pigeonholed and can't seem to get a lateral or even downgrade move.

My concern has always been the lack of positions in ABL if I had to move or change companies during a downturn due to lay offs. ABL is a niche field and I feel stuck in it.

I have tried and tried for FP&A because I assume its a better skillset that is more marketable compared to ABL. I cannot seem to get a senior analyst role in FP&A and have also tried for a few entry level FP&A gigs but never hear back. I have an MBA from a good school and have been consistently promoted from analyst to senior analyst, officer, assistant risk manager and then to risk manager in five years.

Any advice from someone who has made a lateral move to a somewhat unrelated field out there? We use a lot of Excel modeling, financial analysis, balance sheet and income statement analysis that overlaps with some FP&A roles. I would even take a treasury role.

2 Comments
 

Sint recusandae exercitationem libero. Mollitia iure vel deleniti deserunt non qui laboriosam. Non aspernatur atque aut maiores dignissimos commodi velit.

Et delectus accusamus dolor quam quod. Ea voluptas eos quam et. Non occaecati est qui qui. Et voluptatem recusandae quis ipsum velit qui. Sint voluptate nisi officia.

Et minus nisi eum quia. Quasi consectetur quos consequatur corporis eius possimus. Repellendus at et saepe atque enim quasi.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”