Credit Analyst Interview for DCM

[Luchano]

The position is two folded - credit analysis for a trading desk and DCM support. I am comfortable with the first one. The second is more complicated. A company comes to a bank and asks to issue a bond. A candidate would need to evaluate a proposal and support sales of these bonds.

What would be the difference with the trading focused credit analysis?

Which key points might be required to highlight on the interview?

Is that sort of credit analysis connected with heavy scenarios analysis?

What does a typical credit proposal for a DCM deal include?

I have never seen a real DCM pitchbook, is there a way to see a good example?

 

[supercom]

This is interesting, any Credit Research Analyst out there?

 

[Luchano]

I did not get a job, after 8 interviews, one needs to shine at all of them. They showed an example of a pre deal credit analysis. 30 pages of descriptive information, no recommendation or security analysis (compliance). It takes a month to complete such a report. It is surely a doable task. Next time.