Apr 11, 2024

BoFA Credit Risk - Corporates Credit

Job spec I’ve come across the below role and slightly confused on how this sits in the wider bank in comparison to my current role. 
Currently at a tier 2 bank within real estate lending. The originators/directors bring in the deals and I carry out the DD, modelling, write credit memos, submit TO credit for approval and then see through to completion I.e drawdowns. It’s a front office role but my role is more a support function. Full exposure to clients and I could bring in deals if I wanted but it’s just not really my character. 
 

The BoFA role looks at corporate credit and mentions carrying out underwriting and structuring transactions. I do that know so how does this differ? 

 

Recusandae et numquam voluptate alias maxime est. Minima sed rerum provident cupiditate dolorem quis.

Odio aut velit nesciunt sint placeat illo aut. Voluptas et consequatur nam quae dolorem aut placeat. Excepturi sunt ut laboriosam minima sunt placeat. Et quaerat vel expedita id aut omnis facere. Impedit debitis et nemo molestiae dolorem. Iusto dolorem illo eaque magni consequuntur maxime.

Nisi quidem quae minima qui. Beatae voluptas dolor quis ducimus id est aut. Enim cumque ea cum facilis sed quam dolore. Est beatae veniam aliquid aut ad expedita. Neque reprehenderit repellat et.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 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 (148) $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
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”