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The Credit Analyst Career Path: How to Get Into Finance Through the Side Door

Brian DeChesare

One of the problems with discussing credit analyst roles and the credit analyst career path is that no one agrees on what they mean. Adding to the confusion is the presence of jobs with very similar names, such as “credit risk analyst,” “credit specialist,” and “loan officer.”.

Finance 74
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The Front Office, Middle Office, and Back Office: How Banks Organize Their Dungeons

Brian DeChesare

If you look online, you’ll find many threads, articles, and blog posts saying that back office (BO) and middle office (MO) jobs are “the worst” and that if you end up there, your career is over. Example Jobs at a Bank: Risk management, treasury, some legal/in-house counsel roles, counterparty credit, and some types of quant jobs.

Banking 90
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The Financial Sponsors Group: Masters of the Financial Universe, or Exit Opportunity Mirage?

Brian DeChesare

What Do You Do as an Analyst or Associate in the Financial Sponsors Group? But if you read other accounts, FSG runs models, Analysts get hands-on technical work, and the hours could be longer and more stressful because your clients are private equity firms. What Do You Do as an Analyst or Associate in the Financial Sponsors Group?

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Commodity Hedge Funds: The Most Lucrative “Hidden Gem” in Finance?

Brian DeChesare

How to Recruit for Commodity Hedge Funds and Other Trading Roles If you want to be a commodity trader, there are three main paths into the industry: Start at a large bank in a commodity-related group within sales & trading. If you do well, you’ll get promoted to a front-office Analyst and then a Trader.

Finance 104
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Sales & Trading Exit Opportunities: The Top 10 Ways to Make Your Escape

Brian DeChesare

You will not be competing with investment bankers or equity research analysts because they do not have the skill sets required for global macro. Besides that, relative value strategies such as convertible arbitrage could work well, and so could certain credit hedge funds. Sales & Trading Exit Opportunity #2: Prop Trading Firm.

Banking 69
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Activist Hedge Funds: The Superhero Offspring of Private Equity Firms and Normal Hedge Funds?

Brian DeChesare

Long/short equity and credit hedge funds look for mispriced securities with potential catalysts that might change their market prices. After all, how much worse could it be vs. the current path? Private Equity or Credit Investing: 9%. Equity Research or Credit Research: 9%. and the U.K. Directly Out of Undergrad: 9%.

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2022 End-of-Year Reader Q&A: Bank and School Rankings, the “New Normal” Environment, Twitter and Other Bad Deals, and Plans for Next Year

Brian DeChesare

Q: Now that the Credit Suisse investment banking division is being spun off , will CS no longer be considered a bulge bracket? A: Once the spin-off is complete, I expect that Credit Suisse (or “First Boston”) will be classified as an elite boutique rather than a bulge bracket bank. Bank, School, Dragon, and TV Rankings.

Banking 80