pay for prime brokerage
what do you prime brokerage professional get paid?
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bump.
entry:65K and up in nyc major IB
ive heard offers at 60+10+overtime up to 50% of salary, pls eoy bonus around 20-40% apparently.
seems like good money, i know nothing about the work
seriously? i have 2nd round at bear prime brokerage 2mor...
from what i understand, there are 2 aspects of prime brokerage- selling the firms' services to hedge funds and taking care of those relationships and doing the actual clearing services work. Seems like it's like a front office and back office w/in prime brokerage.
is it true that there's 60+10+OT+bonus of 20-40%???
can anyone confirm/comment on the salaries for prime brokerage analysts?
When you say PB, most assume you are talking about front office PB stuff, i.e. sales or capital introductions. There are also operational groups that clear PB trades etc.
PB analysts at BBs will get paid the same salary and recieve bonuses in the same band as all other S&T folks. '07 salary is 10 + 60 + who can guess with today's market conditions.
bump.
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