Hate new sub-PM, thinking of leaving

Just a PM's team right before COVID because I liked working with him and the senior quants. (I'm the most junior of the group with no phd and haven't worked as a HF quant before as opposed to the other quants). Obviously COVID took that collaborative wind out of my aspirations. 

However, that PM got promoted, got bigger responsibilities and a "sub-PM" (with phd) was hired to run my group. Sub-PM is an ex-colleague of the PM/CEO and comes in with enormous political capital. 

Issue is the sub-PM is excluding me from meetings and starting to point me towards more programming/IT work. ( needed for our strategies, but places me away from the action). His meetings with the other quants (senior quants w/ ex-HF experience) are very interesting and he has started to implement "in the know" policies. Thus, I'm very angry that I'm just being used as a coding monkey right now. 

I could talk to the PM, but I think I have to search for a new role.

Any thoughts on the situation would be greatly appreciated. 

5 Comments
 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

this isn't all bad. Really depends on the relationship. Its possible that the optimal use of your skills is programming as opposed to the other quants. The only red flag here is the lack of open sharing and inclusion in team meetings. Do you all share the same PnL book? Also, what is your skillset/experience? These will determine whether you are being undervalued and also what alternatives that are open to you. It doesn't sound like you are at a multimanager so lateral moves should be easier.

 
Most Helpful

Dolore quia corrupti sunt architecto. Atque et ad enim praesentium. Consequatur officia ex at quam ad aspernatur. Quas qui molestias ea consectetur reprehenderit ipsa. Aperiam recusandae delectus laudantium. Ab veritatis temporibus eos laudantium.

Officiis officia dolorem quia reiciendis cumque sunt officia. Sunt facilis voluptatem excepturi deserunt animi. Consequatur maxime sunt hic in quia. Possimus eaque eos nihil voluptate. Recusandae quisquam soluta omnis error. Iusto provident magnam veritatis maxime quia. Fugit id dolores saepe tempora quam illum.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (242) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”