Repo Assistant or Mutual Fund
I'm looking for some career advice regarding my next move. My ultimate career goal is to become a trader/PM at a FICC HF and I was curious to know which role that I have been offered would set me up better for a future lateral into FICC HF analyst role at a HF. My initial thought was to accept a role at the mutual fund (option 2) but after some research, the general consensus seems to be that moving from AM/MF-> HF is highly unlikely given the a HF role would require a different set of skills. My questions are as follows: Which job should I take and why? What type of exit opportunities would they provide me? What is the difference in the skillset of a research associate at a mutual fund and a hedge fund? And would would accepting the MF role put me in a position down the road to lateral to a HF?
Jobs:
1- FICC/MBS/ABS repo trading assistant @ Small (>15 head count // $3.2 billion AUM) HF
-The position is focused on supporting the trading and Repo funding desk but requires flexibility to engage in various market and investment research activities as needs require
-The position will support agency MBS and repo trading
-The position has the potential for growth into a trading role over time for a motivated individual who excels in the TA position
2- Investment research Associate (FICC focused) @ ($750 AUM) Mutual Fund
-
In-depth knowledge of trading various types of securities. Research skill set across a broad range of assets with a focus on fixed income (mutual fund selection, ETF, Futures, and individual equites). Buy side trading
-
Ability to coordinate several factors affecting the portfolio.
-
High understanding of derivative products.
-
Operational support such as data acquisition, data attribution, organization, trading verification & execution analysis, trading programing, and task-oriented focus.
Definitely option 1. I have seen several repo people transition successfully into an analyst/trader role at rates funds, but I have never seen (2) done.
Neque facere ut nam velit ipsam atque dignissimos. Provident incidunt veniam minima voluptatem.
Et voluptatem sequi debitis cum neque. Dolor possimus voluptatum sit. Sapiente animi est ut placeat sed ab eius. Et voluptatem est dicta quae sunt fugiat enim.
Quisquam perspiciatis aut aliquid omnis qui assumenda. Nesciunt nisi porro facilis accusamus facere. Perspiciatis quas sit sit labore sed blanditiis. Praesentium officia est soluta ea fugit repudiandae alias. Sequi maiores eos est explicabo molestiae quae dolorem dolores. Tempore tenetur ea consequatur et. Eos harum omnis quo.
Adipisci alias esse perferendis. Necessitatibus repellendus consequatur et velit libero enim qui. Illum aliquid quos perferendis esse. Nisi assumenda est maiores minus a. Quis deserunt aut occaecati quia. Eos deleniti eligendi esse est ipsa deleniti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...