CRE Research analyst vs credit analyst? Career paths and salary.
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[{"id": "iixgpdn", "text": "I would 100% choose credit analyst.", "replies": [], "depth": 1}, {"id": "iixi9ql", "text": "I was getting 60k for entry level research analyst 20 years ago. Pass on that.", "replies": [], "depth": 1}, {"id": "iixnkqn", "text": "Ask what size of loans the bank is doing. Just because they\u2019re local doesn\u2019t mean they\u2019re not doing big deals. Id go with the bank if they\u2019re doing big deals or a high volume of deals. On the other hand, if you\u2019re generally a top performer and social, you should be able to transfer onto a deal team after a year or two in research at one of the brokerage houses.", "replies": [], "depth": 1}, {"id": "iixs1p8", "text": "If you want to become a broker, go with the research analyst with an eye towards getting licensed and joining a productive team in your preferred asset class within 2 years as a junior.\n\nIf you want to pursue salaried roles in CRE, go with the credit analyst. Your pay is obviously higher, it has better pivots to most roles in CRE and you'll have more credibility doing that job for 2 years than you would the research analyst (but less exposure to brokerage).", "replies": [{"id": "iixxp2z", "text": "This was helpful, thank you!", "replies": [{"id": "iixzb9u", "text": "You bet. There's also about 10-15k of room on that research analyst offer salary. \n\nSource: I work at a big international brokerage", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iiyefdu", "text": "Analyst usually leads to underwriter/portfolio manager. At most banks they are one in the same but some separate underwriters to only do new money requests while portfolio managers manage the existing loan portfolio. Depending on the situation you find yourself in, you could move up in 1-3 years while moving up into manager/credit officer/credit executive roles is much longer. The next step is typically becoming a manager of UWs and analysts and after that is credit officer. The size of the bank will dictate the opportunities available to you.  \n\nAlternatively, you may decide you like sales better than credit and move to the line of business, which you could move to in as little as a year. The pay is better; however, it is sales, and you will only be as good as your last quarter. \n\nExit ops...I've seen people move to private debt/equity or the development side. As with everything else it just depends on the market you are in.", "replies": [], "depth": 1}, {"id": "iiyoyqs", "text": "as a current research analyst at a large CRE brokerage, skip it. It\u2019s fun to learn everything about the market but I\u2019m the lowest paid employee in the office and I do so much more work than a lot of people", "replies": [{"id": "ikwcug0", "text": "What does your day to day look like as a Research Analyst? I\u2019m interviewing soon for the position", "replies": [], "depth": 2}], "depth": 1}, {"id": "iiyt46g", "text": "Credit analyst is better for overall CRE experience. Research analyst is a niche role and transitions more to broker roles.\n\nI\u2019d love to know which region of the country your in, years of finance experience you have, and how big your local bank is? I\u2019m an underwriter intern at a bank in Utah and would love to know!", "replies": [], "depth": 1}, {"id": "iiz078j", "text": "Credit analyst. Unless you\u2019re latched on to a super high performing brokerage team as a researcher.", "replies": [], "depth": 1}]