Role advice: distressed debt restructuring/market risk management

aerodye's picture
Rank: Monkey | 37

Hi All,

I am on a rotational analyst programme at a BB, and I need to choose my next rotation. Would market risk or distressed debt restructuring help me more if the goal is breaking into AM?


Comments (9)

Feb 17, 2019

Distressed debt restructuring, market risk is a back office role

    • 1
Feb 17, 2019

My thinking is that market risk will allow me to learn more about portfolio building, traded products, etc. which I could leverage to get into AM more easily - not so?

Most Helpful
Feb 18, 2019

Yes, but as a portfolio analyst. Which is considered in between middle and front office. IMO debt restructuring with a hope to jump to debt in am would be more interesting.

    • 3
Feb 18, 2019

RX sounds very interesting, as opposed to market risk.

Feb 22, 2019

Definitely distressed debt restructuring, no questions asked. Far more valuable given the current state of Fixed Income if you're interested in Credit Asset Management.

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Mar 7, 2019

distressed, not even close

    • 1
Mar 7, 2019

Go w/ RX restructuring.

F**k risk.

    • 1
Mar 14, 2019

Debt Restructuring. In the next few years, you'll get a heck of a view and experience that could be very valuable down the road.

Even if you aren't very interested in it long term - the perspective will be invaluable.

    • 1
Mar 18, 2019