Questions about Trading roles at Macro HF (e.g. Citadel Global Fixed Income)

Hi,

I am looking to learn more about (non-execution) trading roles in macro hedge funds such as Citadel Global Fixed Income. There have been pieces of information inadvertently scattered around different threads, but am curious to learn more (and centralize that knowledge) after reading some job descriptions for investment & trading roles.

I know the general advice is to 'ask people who work there', but unfortunately I don't know anyone on the HF side; I only know people who have gone to other HFs or Citadel Securities (the market making & prop trading firm). Would greatly appreciate any insight to the below questions:

Questions:

1) How are the asset classes split up (if at all) amongst the teams? I know it is multi-manager, so I assume there are a number of portfolio managers, each of which is allocated capital to invest. Are certain PMs assigned to individual asset classes/certain mandates (e.g. FX, rates, mortgages, etc.), or is it entirely up to them?

2) What does a team structure look like? How many non-execution traders (don't know if that is what their title is) would an average team have?

3) What does an actual day look like (for a junior)?

4) What types of quantitative skills would one use? The job posting lists educational background along the lines of 'Advanced training in Applied Math, Engineering, Statistical Modeling, Calculus, Computer Science, Physics or related disciplines'. Are these backgrounds actually required/useful, or is an economics grad with basic math understanding better suited to the role? That is, I am trying to understand whether the ideal candidate is someone who:

(a) enjoys quantitative problem solving, and wants to apply it to financial markets, but doesn't go to sleep dreaming about macroeconomics; OR

(b) someone who loves macroeconomics, but can run a linear regression when required 

I have a few other questions, but I'll start with the ones above.

4 Comments
 

Ad quia eum iste aliquam aperiam qui. Voluptatem non voluptatem tempore.

Non est enim vel est enim. Quo sunt tenetur possimus similique est. Saepe ab quas occaecati corrupti sapiente aliquam id. Rerum voluptas a ex dicta aut.

Officiis nemo laborum cupiditate. Voluptas architecto et corrupti soluta qui mollitia. Ipsa itaque rerum eligendi eveniet. Ad in deserunt omnis atque quo officiis.

Eius nulla voluptates nisi facere. Et accusamus id provident odit omnis ratione. Saepe esse mollitia aliquam.

Career Advancement Opportunities

July 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

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.1%
  • Citadel Investment Group 96.1%
  • Millennium Partners 95.1%

Professional Growth Opportunities

July 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

July 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 (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • 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
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”