How To Shift from Risk Management to Hedge Funds? HELP

Hi everyone, I am very new to Wall Street Oasis, and have decided to join the community for some advice/second opinion.

I am currently on my second year as an Institutional Credit Risk Management Associate in a renowned multinational bank, and I would like to know how I can make the shift to Hedge Funds or Private Equity.

For context, I was previously a Relationship Associate for Institutional Clients for 3 years and I decided to delve into Credit Risk for a more manageable schedule while I complete my CFA exams. Currently, I am about to take the LIII, and am thinking how I can actually get the attention of Hedge Funds/PE companies if/once I get my charter this year. I also have a Master’s degree in International Business, but not from an Ivy League institution (the school is relatively unknown). Any idea on what I can do, apart from work on my charter, at least?

 

Sed beatae sunt impedit aut est eius placeat. Sequi ipsa fugiat voluptatem adipisci deleniti dolor recusandae veritatis. Ipsum quis est voluptatem doloribus libero blanditiis. Similique voluptatem esse hic ut sequi dolorem. Provident in id hic quia possimus. Saepe nobis voluptas rem ut quidem.

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

Career Advancement Opportunities

March 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Magnetar Capital 96.8%
  • Citadel Investment Group 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

March 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

March 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Citadel Investment Group 95.8%
  • Magnetar Capital 94.8%

Total Avg Compensation

March 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (249) $85
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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
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...”