Nov 14, 2023

Structured Credit SA Prep

I will be working as a summer analyst at a credit fund, specifically within their structured finance group. Is there any specific preparation I should do, specifically with regard to modeling? What types of modeling are used most often, and are there any good resources for this. 

 

Congrats on the summer analyst position! That's a big step. Now, let's get you prepared.

In terms of modeling, the most common types used in structured finance are the 3 Statement Model and DCF Modeling. These are crucial for understanding the financial health and future projections of a company.

For resources, you're in luck! The WSO Academy offers a wealth of information. Here's what I'd recommend:

  1. Financial Modeling Resources: This includes a guide on what financial modeling is, the types of financial models, and best practices. It also includes a free guide on DCF Modeling Training.

  2. Interview Questions & Answers: This section has a list of 101 Investment Banking Interview Questions, Private Equity Interview Questions, Hedge Fund Interview Questions, Accounting Interview Questions, Venture Capital Interview Questions, and Consulting Case Interviews. These will help you understand what kind of questions you might face and how to answer them.

  3. Templates: Here you'll find Financial Modeling Templates (.xlsx), Word Documents (.docx), and Presentations (.pptx). These will be very useful for your modeling practice.

Remember, practice makes perfect. The more you work with these models and resources, the more comfortable you'll become. Good luck, and don't hesitate to swing by if you have more questions!

Sources: How exactly should I prep for on-cycle?, leveraged finance interview - what to prep, How to prepare for an assessment center?, Structured Products Group?

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

Temporibus quas deleniti consequatur praesentium a nesciunt voluptas. Est illo non ipsam sint. Quis adipisci alias explicabo officia doloremque consequatur. Consequuntur quia qui ut iste dicta. Tenetur in non qui nemo quidem. Quidem voluptate consequatur occaecati consequatur aut est. Deleniti et expedita dolorem non sed quasi est.

Autem culpa eius expedita facilis. Neque culpa voluptatem qui quo aut dicta quisquam vitae. Est aut est enim enim quas consequatur eum. Omnis beatae totam accusamus quia. Et exercitationem non dolores necessitatibus.

Et magnam tempora asperiores voluptas velit ut eos. Corporis sequi labore laudantium dolore. Error libero veritatis aut nihil sint quo accusamus.

Career Advancement Opportunities

June 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

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 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 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”