Am I on a realistic path to land in MO at a HF/MM?
Background: 22-25 YO at a multinational ags phys trading company (think ABCD). Degree in economics from well respected STEM state school. Know some python and R through coursework, undergrad research, and some projects at work I decided to take on (would rate myself 6/10 in python). Current desk is one of the largest asset backed trading positions in the company and don’t want to get too specific to prevent doxing myself. I get a lot of exposure on how we manage our basis and spread positions, and have got the ability to put some risk on and manage it myself.
Though cliché, when I say I want to be a “lifelong learner”, I mean it. I’ve read Natenbergs “Option Volatility and Pricing” nearly front to back with detailed notes for my own learning. I’d say I have quite a strong understanding of option pricing and the risk measurements compared to others my age in phys trading. I am currently self-studying discrete math and linear algebra to further distinguish my skillset, and because I actually enjoy learning math. And I will keep going because I love it.
Why do I want to leave phys trading? I wouldn’t say my heart is set on it, but there are parts I could do without. Mostly, I don’t care much for logistics. It doesn’t get me fired up to talk about plant safety, lock delays, or location hours for dumping. I like markets, finance, and risk management.
All that being said…
I have little desire to be the rockstar PM raking in 7 figs like most young bucks browsing the HF section on WSO. I do care about my career and money, though. I’d feel deep satisfaction with a decent WLB and the ability to make $200-350k/yr within a few years.
1. Are my goals realistic? (Are there actually jobs out there with this type of comp and decent WLB)?
2. Is a role in the middle-office / risk management department a place I could make this happen?
3. Given my background, could I be a competitive candidate? What do you reccomend I do to sharpen my skillset or bolster my resume?
Any advice is appreciated. Cheers.
Unde quis vitae quia mollitia alias voluptates sit. In eos reiciendis dolor rem rerum. Quo ducimus at nam qui saepe. Et est quo facilis porro quia non. Hic aut quia aut rerum provident. Et et ut consequatur qui unde ipsa.
Aliquid itaque quia autem tenetur et reprehenderit velit expedita. Ut accusantium aut qui eum sed.
Possimus ut consequatur quo vero eligendi eos. Et debitis sunt accusamus assumenda. Quasi ut animi voluptatem quibusdam repudiandae magnam et. Voluptas laudantium sit consequatur. Neque et ipsa hic odit sit.
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...