(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!
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