(Seeking advice) Transitioning away from Market Risk FICC

Hey guys,

I'm currently a BB market risk associate covering FICC. After a couple years in this role, I feel I've developed some understanding of the macroeconomic factors and market dynamics that drive trader strategies and positioning. 

Through my daily interactions with traders, we would catchup on their strategies trading rates diff, central bank policies, or some RV. While I don't actively trade intraday, I believe I have some grounding in how macro factors influence market movements. I follow closely on data releases/market pricing and have my own models for RV for self understanding that is less relevant to my role in risk management.

I figured my interest lies in the macro space and I'm wondering how to move into a more macro-focused role (not necessarily trading). I just feel I could contribute insights beyond just performing risk analysis and updating to senior management.

I'm open to any advice the community might have on transitioning into a macro-oriented position. I’ve also heard risk management in macro fund could be more relevant (?). What steps do you recommend I take to position myself for such a move? I’ve tried applying for trading roles previously but was rejected because I lack trading experience vs other candidates. 
 

more about myself: I’ve been in market risk for 3 years covering FICC, before that I’ve earned a PhD in maths specialising in probability and did some equities day trading.

Thanks alot!

1 Comments
 

Consequatur ad ut distinctio esse libero minus. Temporibus beatae tenetur officia et accusantium qui cumque perspiciatis. Nulla nam ea sed vel ullam et.

Ut maiores dolores sed consequatur. Aut ab placeat est necessitatibus omnis fugiat. Cupiditate repellat non occaecati libero et. Aspernatur nobis doloribus aliquid consequatur asperiores consectetur aut. Iste doloribus iste non a esse. Debitis est aut rerum doloremque. Est dolor assumenda qui molestiae voluptas libero.

Blanditiis qui et deleniti corporis quae. Earum et minima tenetur fugiat. Incidunt quibusdam et incidunt et. Fugit quia exercitationem corrupti beatae sunt aut.

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

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”