Leaving the Sell-Side to Join a Prop Firm <6 months after starting?
Recently have an offer to join the sell-side as an options market maker for a niche product, my end goal is really to end up in a prop firm and since there is a very high demand for the product I'm trading (crypto) I've already had some recruiters contact me and tell me to stay in touch for opportunities since they've heard I accepted an offer I don't think they push anything much.
I love the culture of the firm (interned there over the summer) and love the people and the product, but how does it look leaving after less than 6 months to go join a prop firm. The other alternative is to continue recruiting for FT behind their back and renege before joining, which would most definitely burn bridges. I think that leaving after 6 months however, would also potentially burn bridges as I'm sure the 1st month will be acclimating me to their systems, and I'd finally be into some projects by November/December and I'd be taking off right at January.
Additionally - I also just realized if I do something like that, I'd still have a lease in NYC and any of the prop firms would most likely be in Chicago unless I started recruiting for some of the NYC props. I've realized that the offer I accepted is very name brand in the space and has the opportunity to get me where I want to be... but prop is where I want to be. Especially since the comp of the firm I accepted would be half or 1/3 most of the props like Optiver.
Hi Analyst 1 in S&T - Other, the silence is deafening, sorry about that.... Any of the threads below helpful?
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
I'm not sure why you want to be in such a massive hurry, unless you suddenly receive the best possible offer from the dream fund/shop. I.e. if you are an analyst 1, you have 10-15 years ahead of you at least, and that's if you survive in the business. I think it's wise to perhaps start at the bank, learn the market, learn the product, meet customers, brokers, other traders at other banks/shops via industry events, develop your strategies, etc. If your skill-set is in demand and you are good at what you do, the opportunities will present themselves. For example, I think crypto and crypto market-making experience will continue to be in demand, so with some sell-side experience and track-record, making the jump in a couple years should be pretty easy. From my experience, you have to put in a couple years before opportunities start coming to you.
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