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AlixPartners I am expecting an offer for VP in financial crime/compliance and risk. I need to give them my compensation expectation. Currently working in Bank with 7+ YOE including 6 yrs in Big4 non-MBA (Masters in Finance). What is the total comp (base+bonus) that I can ask for? What is the general sign on bonus? Thanks in advance
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Can’t help you but all I know from doing work for them is they are looking for the cheapest price
Risk is more of a middle- or back-office function in PE firms, so expect variable comp to be razor-thin at best (but probably closer to zero).
Yeah this isn’t really true. You’re not going to get carry or multiples of your salary like the deals team, but I would still expect variable comp in the form of 25-100% bonuses in BO/MO roles - depending on seniority, AUM, and fund performance.
Source: I get recruited for these roles all the time