Potential Portfolio Administrator Exit Ops

I received an offer from a fixed income fund company for their portfolio administrator role that mainly deals with various types of reconciliations.

Since this role is more accounting focused rather than finance focused, do you think that there are any exit ops into more research roles(analyst) of finance coming out of this position?

Comments (5)

Best Response
Something Creative, what's your opinion? Comment below:

Not really. It's a back office OP's role and doesn't have anything to do with research or investment related analysis. Could you move from that role to an Analyst role some day? Yes, but i t will be through a lot of other transitional moves first. You would have to get an MBA and hope to get an Analyst position through that route, or somehow try to lateral from back office to something in research, like a Research Associate position, and then eventually get promoted to Analyst or move to a different shop as an Analyst. It will be extremely tough to do, moving to research from doing reconciliations, but not impossible if you manage to network really well and pass some CFA exams.

"It is hard to fail, but it is worse never to have tried to succeed." Theodore Roosevelt
  • 3
Solstice3, what's your opinion? Comment below:

Thank you for your response.

The reason I am considering this is because when I interviewed with the firm they said that this is pretty much their entry level position. I will be working at their headquarters and the analysts make on average 86k after bonuses so that makes me think that the analyst role is not an entry level position.

The offer is low in terms of salary; however, they have great benefits and they pay for your CFA. What I was considering doing was to take the position and learn as much as possible about fixed income while passing some CFA exams.

Do you think this would be a good path? If not, do you have an example of what I should be attempting to do instead?

The firm is Western Asset Management by the way.

Something Creative, what's your opinion? Comment below:

Explicabo enim earum asperiores ut deleniti. Minima vel suscipit iste ipsa quo dolor. Voluptate aut nostrum laudantium dolore doloremque et. Corporis ut dolor dolorem aut eum ut cupiditate. Qui nulla labore sequi et dolorum.

Et hic fugiat id eaque. Consectetur dolore assumenda quibusdam enim sit consequatur sit. Expedita odio veritatis culpa ab quia.

Minima totam perspiciatis corporis similique. Repudiandae quod dolor reiciendis et quam sed quia. Odit optio earum architecto magnam ex consequatur. Qui fugit ipsum dignissimos veniam eum ea id cum. Consectetur et dicta amet architecto eius aut earum. Est possimus repellendus inventore tempore nihil laudantium adipisci. Qui soluta in nihil totam.

Vero dolor itaque sint rerum non vel. Quam aperiam rerum ipsam optio delectus. Ad itaque magnam sed iste eos ex reiciendis.

"It is hard to fail, but it is worse never to have tried to succeed." Theodore Roosevelt
Start Discussion

Career Advancement Opportunities

May 2023 Investment Banking

  • Lincoln International (▲01) 99.6%
  • Jefferies & Company (▽01) 99.1%
  • William Blair (▲12) 98.7%
  • Financial Technology Partners (▽01) 98.2%
  • Lazard Freres (+ +) 97.8%

Overall Employee Satisfaction

May 2023 Investment Banking

  • William Blair (▲04) 99.5%
  • Lincoln International (▲12) 99.1%
  • Canaccord Genuity (▲18) 98.6%
  • Stephens Inc (▲12) 98.2%
  • Financial Technology Partners (▲05) 97.7%

Professional Growth Opportunities

May 2023 Investment Banking

  • Lincoln International (▲01) 99.5%
  • Financial Technology Partners (▲03) 99.1%
  • Jefferies & Company (▽02) 98.6%
  • Lazard Freres (▲15) 98.2%
  • UBS AG (▲19) 97.7%

Total Avg Compensation

May 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (32) $396
  • Associates (147) $260
  • 3rd+ Year Analyst (11) $198
  • 1st Year Analyst (279) $170
  • 2nd Year Analyst (90) $170
  • Intern/Summer Associate (46) $166
  • Intern/Summer Analyst (205) $92