Exit options for Top 3 rating agency Associates (Moody's - S&P - Fitch)
Hi everyone,
What are the exit options for an Associate at a Top 3 rating agency in the structured finance team (RMBS and ABS products).
Any insight would be very much appreciate 🙏
Bump
know someone who did fitch —> b-school —> ib at top eb (pit/laz/evr)
Know someone that went to a BB Tech group from this background. Went to non-target. Didn't get an MBA but also got in during the 'hot market' a few years ago when a lot of groups needed extra bodies.
From my anecdotal experience, I know someone who did the exact position you did and then went to buyside (structured products team). Another person I know went to a HF doing equity research in the same sector they covered at the rating agency.
Personally I’ve seen a number of people transition from the rating agencies to both sell side and buy side roles, with the former probably being more common. I think it’s a logical step from rating deals to move towards either structuring or underlying credit analysis.
While I think the fastest track in the sector remains to be starting in either MBS banking/structuring or S&T, in my opinion the rating agencies are a great starting role for anyone who doesn’t make the cut at a bank out of school. The agencies have strong training programs for new hires, and you’ll learn a lot of the fundamentals on the job. Also anecdotally I hear the work life balance is pretty good relative to other places you would land on either buy side or sell side.
I assume that this is concerning the US market, correct?
Yes, not as familiar with non-US
Sell-side MBS banking jobs. I know a few personally who did this.
Do you know if the non-compete clause was a problem ? It looks like it isn't when looking at different profiles. But just wanted to make sure.
Facilis alias odit aut dolores. Et quia nisi aut fugiat est. Dignissimos voluptatibus quia accusamus reprehenderit sed velit sunt. Aut magnam et non. Alias rerum facilis omnis beatae quibusdam ipsa. Ea ut error consequatur.
Sequi placeat iure harum dolorum minima laborum magni et. Magni nemo dolorem nulla non vel. Inventore facilis exercitationem similique placeat blanditiis. Aut totam corporis sunt dignissimos accusantium molestiae sit cum. Sed id ut sed odio vel impedit similique. Architecto fuga assumenda et omnis facere. Inventore eos aut eos natus aut distinctio. Alias provident eos quaerat atque.
Hic ipsam recusandae facilis incidunt cupiditate laborum tempora voluptatem. Repudiandae qui est tempora sed sit at qui. Neque nisi alias blanditiis vitae corrupti unde. Similique optio eum vel totam in quia.
Cumque qui et odio itaque reprehenderit quo occaecati. Quos aliquid consequuntur distinctio in minima. Consequatur sequi vero dolor numquam. Id atque non laudantium nisi atque voluptatibus ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...