{ "media_type": "text", "post_content": "I received an offer for a business development associate role at a hedge fund in the NYC area. Headcount is approximately 30 and they have $15bn AUM. I have a meeting with the founder of the firm to discuss compensation but I have no idea what to expect or what is market compensation because I can't find any data online. I am a recent college grad. What is a reasonable base range to expect? Sign on/performance based bonuses?", "post_id": "60ff17486e3e590021abd47b", "reply_count": 9, "vote_count": 5, "bowl_id": "58f0df008ad7250010f8c590", "bowl_name": "Compensation" }

I received an offer for a business development associate role at a hedge fund in the NYC area. Headcount is approximately 30 and they have $15bn AUM. I have a meeting with the founder of the firm to discuss compensation but I have no idea what to expect or what is market compensation because I can't find any data online. I am a recent college grad. What is a reasonable base range to expect? Sign on/performance based bonuses?

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It is hard to say without knowing what company it is

Since it’s not an investment role I’m not sure if pay is comparable to the juniors in investment roles or if it’s more like pay for an operational role at a bank like 75k range. I think junior investment roles at HFs make $110ish

i’m completely spitballing here but i would expect something like $80-110k base, $5-10k signing, 20-50% bonus.

yeah i wasn’t sure what all the responsibilities would be so more realistic bonus might be 10-30%

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