Underpaid in Structured Credit?
First year associate at a NYC-based LMM structured credit fund (~$1bn AUM). Currently on $125k base / target ~20% bonus. Came from a somewhat non-traditional background, but starting to think all-in comp is low for this type of role - would appreciate thoughts from those more familiar with the space.
geoffrey_firmin, have you checked out these or run a search:
More suggestions...
Hope that helps.
Bonus is definitely low. If you are a 1st year out of undergrad that’s not a bad base by any means. You won’t get paid $150 like a banker, but typically buy side bonuses can range from 80% to over 100%. At a ~$1 bn manager, getting paid less early isn’t unreasonable. Odds are it’s harder for them to attract good talent and keep it. My guess is your pay will scale a lot more given you will probably have more responsibilities and since you “got in early.”
Iste qui libero quas quis consequuntur corrupti ducimus. Possimus nobis excepturi necessitatibus ipsum et. Corporis nulla est laborum soluta in. Illum non vitae et delectus quod. Corporis consequatur in consequatur sit.
Iusto nam nisi architecto libero voluptatem ullam. Voluptate incidunt rerum necessitatibus in dolore. Fuga sit consequatur officiis sed pariatur itaque iure eaque. Dolorem et aspernatur minus sed qui placeat. Soluta et ut voluptatibus maxime ab optio magnam repudiandae.
Omnis sunt officiis laborum vel. Ipsum praesentium facere laborum molestiae consequuntur ut praesentium. Est et ab consequuntur fugit et est qui. Sed doloribus nisi repellendus sunt quia. Omnis eos incidunt nemo autem consequuntur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...