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 🙏

 
Most Helpful

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.

 

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.

 

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.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”