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.

 

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