Corporate banking - credit analyst interview

Water Cooler Careers
#1

Hi All,

I’ve managed to get into the final 5 of an interview for a credit analyst role with an international bank for corporate banking. They provide loans to all types of business, but they are heavily leaned towards property sector I am told.

I’ve been told that the guy interviewing me in this round likes to quiz and asks questions about credit analysis and things to look for etc. The role is for someone with a couple years experience. My experience is more on teh debt advisory side and from a theoretical perspective (ie I havent worked in a bank before, so I am suprised to get this far(.

What sort of stuff should I study up and be knowlegeable on? Does anyone know some really good reading material I can study?

Thanks in advance

#2

Please anyone whos a corp banker I need your help!!

#3

If i understood you correctly the group you are interviewing with is in Real Estate, right?

So focus on two types of questions here:

  1. Why Real Estate and not other groups (Very imp…), you may not know some technical stuff they will accept it but now knowing why u r pursuing what you’re is a deal killer

  2. Technical stuff:

  • Some big Real Estate deals/banks roles/

  • RE market trending etc…

  • Credit Metrics for REITS, REOCs, Commericlal mortgage etc. property valuations, leverage, market players etc. Learn how to analyse a real estate company financials (high level).

  • If you’re a CFA candidate/charterholder- read the RE portion in the Alternative Investments, thats is a good primer.

#4

I am indeed a charterholder.

Its not solely RE, but they have a lot of RE clients.

Thanks for the tips so far will PM you too.

#5

I work in Corp Banking at an international bank… although not in real estate (generalist - we have a seperate team for real estate)…

Be comfortable with accounting (look up accounting interview questions asked in IB - you’ll get the same stuff here, as in ‘what impact does debt have on your 3 financial statements’)…

itll be credit focused… know what industries are/arent backable (corporate banking means syndicated deals… so you want companies with strong cash flow, and depending on the type of deal, strong security/asset coverage)…

you wont really do any traditional modeling in the IB sense, although you do a lot of sensitivity analysis on going-forward assumptions…

u want companies with capital markets potential that u can refer to the IB team (depending on the size of client u look at)

also, ancillary revenues (i.e. non-lending) are a huge part of corporate banking as well (cash management, FX line, Trade Finance, etc…)

throw in some of those buzzwords and u should be good