What is realistic salary progression for top BB (GS/JPM/etc.) fixed income derivatives trader?
Title says it all: what is a realistic salary progression for top BB (GS/JPM/etc.) FICC derivatives trader?
I understand there is variability based on market conditions, bank performance, team performance, individual performance, etc. but what are some realistic averages for Analyst/Associate/etc.? Also, I understand that comp is different for more senior employees.
Would really appreciate any insight about how total compensation might evolve. Other forums are for other types of products or they are out-dated and I just want to be realistic as its not pre-08 anymore.
E.g. Analyst (1 - 3 years??): 100k base + xyz bonus; Associate, VP, etc.
Hi johnapple, whoops, looks like nobody chimed in here.... maybe one of these discussions below is relevant:
More suggestions...
Hope that helps.
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bump
It’s literally all over this site... Incompetent swine
Hi, not sure what the point of spending your time to write that out without posting a link to any of the mentioned forums. Nonetheless, have a good day.
I am also curious for an updated An1-VP
All in comp ranges at each level, maybe it goes up a bit at the analyst and associate levels with the new raises but I think its too early to tell there.
Analyst- 135K-175K
Associate- 200-300K
VP- 300-500K
Director- 500-750K
MD- 1-3MM
How many years are you an associate and vp?
2-4 years at each depending on how you perform, the make up of your team, etc.
Thanks for the data points. Was under the impression that it would be a bit more for VP and above within ficc especially at a top BB. Personally know a few directors on credit sales who does between 1 - 1.25 million on the sales side. Know a few Directors within macro who clears 1m+ easily. I’m an incoming analyst so those I knew could just be outliers.
Family connections? How do you know how much specific Directors make as an incoming Analyst?
Thanks! That's really helpful
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