Currently making 255 total compensation, looking to move to a director role in a bank (back office). They’ve asked for my salary expectations. I’m trying to work out what number to start the negotiation at - would 300 be too much?

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Posting as :
works at
You are currently posting as works at

Not at that salary he’s not

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Lol I’m not suggesting that by any means - just politely making a correction. Anyway, that’s not what this thread is about - any thoughts on what I should say?

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For a hedge fund this would be reasonable and perhaps a even short-selling yourself. For a bank, it’s more regimented in terms of compensation and structure and I couldn’t be sure.

helpful

300 sounds high but it depends on what the role is. If it’s true back office my guess is salary is more like low $200’s

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Are you a PPMD at a B4?

What official title at the bank (VP or SVP)?

Anyway, to answer your question, if it’s back office, you usually won’t hit $300k until heavy SVP depending on bank size.

Doubt you will hit 300k; 275 max

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