Credit Risk Associate to leave for New Hedge Fund?

jjjjhoop123's picture
Rank: Chimp | 10

Hi all,

I just recently joined a mid-tier Level investment bank and sit in their credit risk management department. I support our hedge fund equity derivatives desk - write credit reviews, perform due diligence calls with hedge funds, set trading limits, etc.

I've been interviewing with this hedge fund that is set to launch this year. They recently gave me an offer to join as an analyst.

The pay is lower than what I am currently making. Would you make the jump? Please help with any advice that you have! Thanks!

Comments (8)

May 3, 2018

Analyst doing ... investment research? What's the aum and fund strategy?

May 3, 2018

Yes - investment research -- $200-500 AUM and macro

May 3, 2018

Sounds like a great opportunity. Curious to know how you found this opportunity.

May 3, 2018

I'd go with the HF. Pay can't be too much lower but the future trajectory is way way higher. Macro has been struggling for a while but I think it will be coming back around soon. If the partners have a good track record, I'd go for it.

May 3, 2018

Repeated comment error.

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May 4, 2018

Repeated comment error.

Sometimes you sound like a robot. Say this in your best robot voice. It will be great.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

May 3, 2018

While bearing in mind that I'm still in college though have done multiple IB and PE internships, I would personally take the offer (especially if you don't see yourself doing credit risk long term).

I'd find the work more interesting, can make a solid career out of it, and it isn't too often that you get an opportunity to jump from credit risk to a hedge fund. If you end up liking the work but maybe don't like the firm or don't feel confident in their performance, you'll have a better chance of jumping ship to another firm with this exp

May 3, 2018