Am I FO or BO? (Portfolio Risk Analyst @ PIMCO/TCW/DoubleLine)

I'm a risk analyst at a $100bn+ AUM shop. I cover a few active fixed income funds and have regular discussions with PMs to help optimize portfolio construction decisions or put on interest rate hedges. While I'm not selecting assets nor forming views on interest rates, I advice PMs on how to construct portfolios to match their views.

Does this count as FO or BO? Or is this the rare occasion where MO is most appropriate?

 

Seems too simple of a rule of thumb. Credit analysts on the research team doesn't directly make investment decisions, but their views on companies and relative value are absolutely crucial in the investment process.

Thought I'm not saying I'm FO since I don't do bottoms-up research.

 

It depends on the firm, some Risk teams are more integral to the investment process than others. I would say generally middle office, especially if they sit on the trading floor and regularly interact with traders/PMs. If you’re interviewing at one of these shops, ask how frequently the role converts to Trader/PM

Source: work at one of these firms

 

I see, thank you. Very little conversion based on LinkedIn searches and it seems to be a somewhat new team (<10 years old). People seem to have a mix of quantitative/technical and investment backgrounds, and apparently it's also client-facing. It's an interestingly interdisciplinary role.

 

Ut et quia omnis est. Fuga omnis est sint atque unde. Nisi consequatur facere hic possimus nulla impedit. A voluptate eos eum voluptates voluptatum iusto quia. Et ullam quis magni libero autem delectus voluptatem. Doloremque aliquid sapiente quod nostrum. Distinctio saepe laudantium neque unde.

Placeat necessitatibus et odit qui. Nam unde aperiam id et omnis. Et saepe suscipit eveniet consequatur eos dolor. Itaque voluptas ullam corporis illo. Sunt voluptatum repellat aut eos voluptas.

Porro consectetur quia adipisci quasi reprehenderit et autem. Dolores reprehenderit est ut eaque ut rerum.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”