Thoughts on Corporate & Investment Banking at Sumitomo (SMBC)?

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I'm currently in an associate level role in the leveraged finance credit risk group of a BB. I got an offer to join as an associate in a coverage group at SMBC. I have prior experience at a ratings agency and am a CFA charterholder.

Does anyone have any thoughts/experiences with a position like this i.e. a front office corp/IB banking role at a lower tier bank?  While I am happy with the type of work the role offers, I am nervous that the bank does not carry a leading reputation and that it could make a lateral move or exit opportunities (more credit fund than PE) more difficult to come by. The comp is decent (bonus is likely below market) and it gives me an opportunity to move into a front office role from credit risk.

Thanks for the help!

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Sep 12, 2020 - 3:37pm
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