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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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Six figures really ain’t that much nowadays…
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If you're looking to leave FDD, I would stay at big 4 while transitioning out. Switching to a MM weakens your brand and some might (unfairly) see switching from MM FDD as job hopping if you try to pivot out in <year).
Mentor
If you know you want to leave FDD, it probably doesn’t make sense to go to MM - even for a 25% raise.
I’d just keep searching and interviewing for the role that meets your criteria.
The only MM FDD I’d go for in your situation is A&M, but do that only if you plan on staying in FDD long term. Like the other guy said most MM FDD’s will just weaken your brand long term.
If a finance focused role is your goal try for a boutique IB/MM if you can. If you end up in a boutique you can pivot into a MM or better after a few years.