Having just passed CFA LIII, I’ve finally started to get interviews for ER and wanted to know what research comp was like in London for BBs. This is base + bonus for analyst 2/3 or assoc as I’m an experienced hire. Thanks!
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Depends on bank, even among the BBs.
Analyst 2 probably ~90-100k TC. Base probably 70-75.
Analyst 3 probably materially higher assuming you get promoted ~115-130k. Base probably 80 or so.
Assoc probably like 125k+. Base probably 100+.
I've anecdotally heard lateral analysts can get paid less though.
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