Just landed operational role at HF, from PC/VC, any advice?
Recent grad from T10, previous internships in private credit at an industry leader, and a mid-market VC fund. Been recruiting heavily for PE/PC and VC roles but landed a papered offer from referral for ops at a well-regarded prop shop/HF (think Cit Sec, Optiver, SIG, Akuna, 5R, Jane Street, HRT) which I plan on accepting.
Overall comp/trajectory has been established by the desk/recruiter, and it is beyond fair, so I'm now looking for any satire, roasts, or genuine advice from people who've been in similar situations, or worked at these types of shops. Thanks chimps.
I always valued the comment here, which I think is one of the best on WSO:
www.wallstreetoasis.com/forum/investment-banking/the-best-of-the-back-o…
wondering where he might be now
why did you get an ops role when you did private credit before.
The money is better, allegedly hours are better according to my hiring manager, more relaxed culture wise, and it’s closer to family.
can you share comp bands/trajectory that they gave you?
Interesting to see HF ops role pay better than investing role. Usually most large cap PC or UMM PC / special sits pays quite well.
The downside to ops role is (1) work will not be as interesting as investing + restricts optionality into fundamental investing roles, (2) comp will be lower than investing role - ops / middle office not a revenue generating role and (3) always 2nd class citizen given not a PnL generator
Et ea quas consectetur ratione omnis ea soluta. Id veritatis quibusdam commodi et aut. Modi dolorum qui reprehenderit officiis. Eius ratione porro dolor veritatis corporis molestias enim.
Asperiores enim inventore nostrum ab sunt quisquam labore porro. Unde vero nesciunt et expedita eaque deleniti harum. Soluta dolores fuga magnam ipsam cum suscipit. Non voluptatem facere facere dolorum doloribus. Iste illum velit nam.
Quia voluptatum nihil tempora deserunt. Et quo aspernatur eius rerum voluptate. Dolor repellendus esse et placeat. Consequuntur consectetur aspernatur ea molestias. Praesentium molestiae odio quis et illum illo.
Qui voluptatem incidunt nemo incidunt unde in quam. Dolorem est inventore non ut esse dolore. Consequatur labore quod earum quis ab quia. Cupiditate maiores cupiditate rerum aspernatur eos.
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...