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Hi there,
Discussing salary today for an Equity Derivatives Trader Assistant role at Analyst level at JP (have been working in another analyst role for 1 year as well as an industrial placement at GS). What is the salary I should be asking for please?
Any help greatly appreciated.
Thanks
JPMorgan Chase
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Junior associate ? If so probably in the region of ~£85-90k base, and more or less 75-100% bonus on top of that if you have a decent year. Depends massively on the fund though. Also heard some people have very small carry as associate but it is relatively rare I believe.
I have friends in PE on as low as 40k, just be prepared- salaries are around 30% lower than US!
For PE at junior level you are probably right indeed, as it is more attractive than going into a big bank and they know it. As such they might afford to pay a bit less at junior level. That will more than offset in just a few years anyways.
Thanks for the responses. Any insight into hiring outlook over the next 12 months? Have firms been fundraising?