So I'm looking for help understanding a position my buddy had described to me. He said it was a portfolio analyst position for a corporate bank which managed the portfolio of loans the bank has issued. Confused me a bit as other portfolio analyst positions involved managing portfolios either for specific clients (PWM) or for funds that groups of clients in invest in (AM/HF/Buy side) rather than directly for the bank.
Can anyone offer some insight as to what the day-to-day tasks might be and what skills are useful to develop should I decide pursue it as a career? Also, it seems like the position is located on the IB side of the bank vs AM, so would that affect the typical exit opps one would expect from working in AM as a portfolio analyst?
If I'm not being clear enough let me know.