fundamental roles at "elite" prop shops

I am interviewing for a "fundamental" analyst role at an elite market making prop shop (think Jane Street / Citadel / Virtu / etc). So my understanding is that you provide commentary / color to the traders when certain important events occur to help improve their performance.

What are these roles like? Would the traders even listen to what I say? What does comp trajectory look like? If it doesn't work out, what are the exit opportunities?

4 Comments
 

BobbybananamA, bummer your thread hasn't had a response yet. Maybe one of these threads could point you in the right direction:

  • Trading Own Quant Strategy at Prop Shop junior/intern level quantitative trading roles for prop shops? Any insight would be greatly appreciated. Thanks. ... strategy at a proprietary trading shop? I watched a presentation from Tom Hutchinson from Belvedere Trading ... Hello, This is a hypothetical at this point, but if one were to develop a trading strategy based ...
  • Fundamental Analysis Prop Desk? Do most BB shops have proprietary trading desks that focus on fundamental analysis ... desk? Is the progression towards obtaining a seat at one of these FA prop desks the same as obtaining ... a spot at any other prop desk? (i.e.- Working as a regular flow trader until you get plucked for the prop ...
  • AMA: I worked as a CTO at prop-shop doing high frequency trading (HFT) working on opening my own quant shop. Ask me anything! AMA hft algo quant HFT to Sunday, November 4, 2018- ...
  • Automation in fundamental finance roles fields of fundamental finance guys having been taken over (to an extent) by quants. Bear in mind that ... they have significantly decreased fundamental finance guys' headcount. Tough industry to be in and ... this space and when the market becomes more electronic or at least the settlement periods would move ...
  • Prestigious Prop Shop Exit Ops So I recently graduated college and accepted an offer with a well-regarded Chicago prop shop as an ... happen to not be great at it). I figure worst case scenario, I'd go back to school and get ... I have decent stats/programming skills (though probably not good enough to be a quant at the moment, ...
  • 27 Year Old 1st Year Analyst At Elite Boutique- Shot At PE or B-School? an offer at an Elite Boutique (Evercore, Moelis, PJT) for a lateral analyst role but will be coming ... I was able to find a sub-Associate sourcing role at a well known Growth Equity shop (TA/GA/TCV). This ... I automatically disqualified from PE recruiting given my atypical profile? If I do end up at a MM PE shop, should ...
  • Can a trader (market-making) at a top prop shop get into a top MBA program? (Profile included) a trading role at one of these top shops help me stand out if I do decide to apply? ... Profile: GPA: ~3.9 Major: Math/ CS Employer: Top prop shop (Optiver/IMC/DRW/Jump/Citadel ... 25 school). I will be joining what is regarded as one of the top prop shops in terms of ...
  • More suggestions...

If those topics were completely useless, don't blame me, blame my programmers...

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

traders have news feeds with headlines...but often ask "so, what does that mean?"

the fundamental analyst should be able to answer that question in realtime...which requires deep knowledge of a large variety of subjects.

just google it...you're welcome
 

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