Non-PM role at MM/HFs!

Hey Guys, 

Anyone heard or know of the Relaitonship Manager position at the top MM Platforms (e.g. Citadel). The role involves coordinating with the new and existing PMs and making sure they have everything what they need in terms of start trading and building a team. The role involves liaising with all the departments within the platform to make sure that the PM gets what he wants? Any ideas/thoughts?      

3 Comments
 

Based on the most helpful WSO content, the Relationship Manager role at top MM platforms like Citadel seems to be a non-investment role focused on operational and logistical support for Portfolio Managers (PMs). The responsibilities include:

  1. Coordination with PMs: Ensuring that both new and existing PMs have the resources they need to start trading and build their teams effectively.

  2. Liaising Across Departments: Acting as a bridge between the PMs and various internal departments (e.g., risk, compliance, IT, HR) to streamline processes and address any requirements or issues.

  3. Operational Efficiency: Facilitating smooth onboarding for PMs and their teams, ensuring they can focus on generating P&L without being bogged down by administrative or operational hurdles.

This role is critical in maintaining the efficiency and functionality of the platform, as it allows PMs to focus on their core responsibilities of trading and strategy execution. While it’s not a revenue-generating position, it plays a vital part in the overall success of the platform by supporting its key players.

Sources: https://www.wallstreetoasis.com/forum/other/commercial-banking-relationship-manager?customgpt=1, Citadel vs. Millennium vs. Point72 vs. Other Multi-Managers, Citadel Global Equities (pay, culture, career path, lifestyle), https://www.wallstreetoasis.com/forum/hedge-fund/hedge-fund-research-analyst-vs-portfolio-manager?customgpt=1, What I've Learned About Hedge Fund Structure and Compensation

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

Eum omnis nihil officia enim perferendis accusamus praesentium. Quidem sequi fuga ipsa. Omnis ipsum rem est.

Sequi beatae eius nisi rem rerum asperiores asperiores. Atque fuga quod sit ullam sed aut ad. Perferendis ea aut voluptates soluta tempora. Beatae consequatur voluptas delectus et aspernatur labore nisi. Quos voluptas optio fugiat id minus illum.

Omnis accusantium non quaerat. Eum fuga nesciunt laboriosam hic eum. Eum ab voluptas dolor laudantium. Ut voluptas quae et vel. Enim impedit fugiat in excepturi harum dolor neque. Voluptas vel quaerat similique consequatur.

Quam aperiam sapiente assumenda quidem temporibus reprehenderit quod est. Neque harum pariatur itaque consequatur repellat amet ex. Quos magnam nulla maiores suscipit aut.

Career Advancement Opportunities

June 2026 Hedge Fund

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

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

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 (240) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”