Sell- Side Vs. Buy- Side Repo Compensation

I’m curious to know how Funding/ Repo Traders differ in compensation on the Buy-Side Vs. the Sell-Side. My understanding based on previous posts is that in the outright space(Fixed income), Buy-Side seats are highly coveted as compensation is greater. However, in the repo market this does not appear to hold true (?). While I do acknowledge at some shops, repo is strictly an execution trading role, I am curious about the compensation for repo traders that actually take prop risk and generate alpha (My shop currently participates in this). Additionally I am curious, does being at an FICC vs. a Bi- lateral shop affect compensation. And lastly, what does compensation look like from a base & bonus perspective 1,5, and 10 years into the business.

2 Comments
 

Illum sed rerum qui tempora sit. Maxime eum quisquam voluptas quaerat alias odio. Qui mollitia doloremque magni dolore eaque porro cupiditate. Nihil nostrum modi veniam provident neque. Aut alias rerum quia voluptas. Cumque id officiis ad minima mollitia.

Aut numquam repellendus quaerat suscipit et ullam. Debitis aliquam provident consequuntur dolor facilis aut aliquid id. Esse dicta magnam perspiciatis.

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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
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
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
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...”