Sell-side Trading versus Execution Trader at Tier-1 Quant Fund

Considering a potential move and would love some input. Currently in a trading role (analyst) at a bulge bracket bank, but recently got interest from a hedge fund Millennium/Two Sigma/DE Shaw/Citadel for a execution trader position.

Curious to hear from anyone who’s made a similar switch — how did you find the transition? Pros/cons of execution trading at a top quant fund vs staying on a trading desk at a BB?

Any perspective appreciated — feel free to DM as well. Thanks in advance!

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Wouldn’t recommend it. Pigeonholes you into being an execution guy, making it difficult to get into an actual risk taking seat. Better bet would be to progress within S&T, get experienced managing your own risk, and then lateral at a more senior level to the buy-side (PM / sub-PM).

 

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