What does a Hedge Fund Analyst do? Got a call with a recruiter soon as an exit opp. These buggers make $3-500k in total comp

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

They start out analyzing other people's investments 10 ways to Sunday. Think of your case interviews but you need to define a half dozen frameworks that are some what different and executing on all of them to ultimately summarize into a risk/reward profile that gets plotted against a big portfolio of other similar investment evaluations. You model out several scenarios for upside and downside sensitivity and then you do the same for groupings of investments (not just individual assessments). And even after investment you continue to refine your frameworks and monitor those investments risk/reward profile to help the directors make exit decisions. And ultimately you're measured on the performance of your recommendations (including the recommendations that you made resulting in "exit" or "don't buy"- after all, opportunity cost is the biggest hedge fund cost). If you do well you start managing small assets and developing your own team of research analysts to give yourself leverage, and you are now held accountable to portfolio performance.

like

S& provided a ton of useful information and perspective, oh salty McK2

like
Recent IconRecent

Thanks D2 and DD1. Will check out other forums. Anyone can take a near perfect guess at what this role entails, I was looking for more intelligent responses, but that's my bad 🤗

like

Interesting! Really helpful! Sounds quant heavy, given the role at offer is front-end investing, not sure if research is part of it or there's a separate support team to help out

like

OP is this a TMT HF in New York ... that recruiter has definitely been making a bunch of calls

like

You'd also be better served checking with your colleagues than here on FB, no offense to everyone on here, but this isn't an investment world savvy group.

like

Not sure why they are categorically looking for people who are Manager+, if it's the kind of work everyone describes here, wouldn't a quant heavy undergrad cut it nicely? Strange. Guess I'll know when I know

like

Just watch an episode of billions and you'll be an expert

like

I'm not salty or in FSI, I just know what other roles entail. It's called knowing what else is out there besides consulting

😂🍿🍿🍿🍿

OP- casual search on WSO reveals some answers. I'd look there but it may be too high level for you depending on your level of familiarity with the role.

S1- I'm a Manager here, so the title deflation seemed drastic. How tenured/experienced are these HF Analysts?

Data scientist

S& very impressed by your responses! What's your background? Do you have a MBA and/or did you previously work in banking?

S1 nailed it on the head. I worked at a fund for a year and the analysts are basically the people that do the number crunching on all of the possible investments. If the fund has private investments for instance, they may do the pro forma for a real estate investment with various scenarios.

I'd say most of your experience as a manager in consulting will not help out a ton unless you're still in Excel a lot. These guys live and breathe excel and finance. That's it. I'd say most of them simply don't care about the politics or their communication abilities. At the end of the day it's providing sound analysis and learning from your mistakes on each investment

Maanger 1 just cause your amart or work for a top comoany doee not mean you know everything. There is plenty of stuff i am sure you dont have a clue about. And your a manager.

Mck when you have more info let us know.
Wish you the best if you decide to take the job.

As an engagement manager, taking an analyst role is a step-down. You're back to being in massive Excels and at the bottom of the chain, as analysts are usually coming out of school. The money is attractive, of course, but I would seriously think about your future and interest in asset management. Also, within ~3 years you should be at the 500k mark yourself, no?

OP you would be working for a hedge fund manager, a "fund of hedge funds" manager, an institutional investor (eg a large family office, pension fund or endowment) or for a bank (eg in wealth management)? Chances are that the job content would be to be part of a due diligence team deciding whether to allocate $$ to particular hedge funds, monitoring their performance and risk profile relative to peers and to benchmarks, etc. Potentially interesting work with translateable skills. Hope that helps

Would you, not you would

Way, way too little info for anyone to be able to help you. It depends on the fund strategy -- like, what does the hedge fund invest in? Public equities? Distressed securities? Alternative asset classes? Is it a traditional long-short shop or some fancy algorithmic shop?

Yep - I'll share when I know more

Hedge fund analyst is pretty vague. Are you trading, modeling, both, what the hell would you be doing.

Related Posts

like

How is it to work in Standard Chartered Bank Bangalore as a C++ Senior developer with 11 years exp.
Can pls suggest work environment and culture in SCB ?
And what can the salary to ask in SCB .
Currently hold 2 offers the highest one is 25L fixed

Thanks in Advance

like

Which one to choose from below:
Epam systems
ANZ bank
Thermo fisher scientific

Anz and epam offering more.

like

I had a very positive experience interviewing with Amazon for an L5 Technical Writer role. I originally applied for a lower level writing role, ending up acing my Loop, and was passed on to speak to the hiring manager for the L5 role.

Given the positive tone of our conversation, I expect to receive an offer this week.

Can somebody tell me what kind of base salary/bonus/RSU ranges I should aim for? I'm transitioning to tech and have 10+ years of professional writing experience. PNW based.

like
like

So I finished my 3rd interview with a company and the TA specialist said they loved me but can’t meet me at my bottom line salary, however, I said I can negotiate and she said she’s going to speak with the decision makers and see if they’re okay with that. What does this mean? This is for a marketing specialist role. I’m asking for $70K bottom line

like

What is the designation hierarchy in schneider electric? What is the yoe range for Application - Specialist designation

like

How is performance pay at FIS Global? Do they pay fully? FIS

like

What can be the expected salary in legato for 6.5 YOE in Automation Testing

I'm looking for a job change. I have 4 years of experience as an ETL DEVELOPER. I worked on different ETL tools like SSIS and ODI. Do let me know if any openings

like

Hey guys..

I had applied for one position in Amazon.
I saw an launch assessment button in mi application. Would like to know if someone could share some information on how these assessments would be..

like

Hi Fishes

I am applying for a BA role at Globallogic. Can anyone help with a referral?

Hi,

What role I can expect for 6.8yoe developer??

like

I applied for a post of Test Automation Engineer in UBS, Pune. What salary can I expect?
Also would like to know about UBS culture and work/life balance?
YOE: 2 years

like

Looking for a Database Manager role. Are there any level B/7 roles available for NCR region?

like

Amdocs or EY LLB ?

Same fixed CTC for both , variable is 0-20% in EY and for Amdocs I got to know from employee that avg is 8-10%.

Which one should I join?

like

How difficult is it to get into LEK consulting?
How much weightage is provided to referral?

like

Hi , is there someone who can refer me for an open position?

like

Hiring Now..!
interested candidates, share CV's to
latha.nayak@gamechangerit.com

Embedded Firmware (2+ 4 years’ experience)
Location : Trivandrum
Experience working in Baremetal, RTOS, CANopen
Experience working in Qt .
Experience working in Embedded web developments
Experience working in CANOPen protocol

like
like

More Posts

Wednesday Wordle 326 3/6

⬜🟩🟩⬜⬜
🟨🟩🟩🟨⬜
🟩🟩🟩🟩🟩

like

Automatic ding if you uploaded the wrong docs to the wrong sections (essay to resume or vise versa)?

like

Has anyone worked with Sia Admissions? If so, what’s your perception?

like

Should I put $20K towards my student loan balance of $230K before the no-interest period ends or max out my 401k, which I have contributed nothing to this year. I’m 25. Employee matches 4%.

like

How hard is everyone pushing their corporate clients to authorize nonresident assignees whose only 2020 US compensation was the value of their 2019 tax preparation?
My clients are pushing back on it this year, and I can't say I blame them. If I were in their shoes, I'd rather take the risk of not filing than the expense of filing again. From my own point of view, I don't really want to spend my time on such returns, either, even if the revenue and easy return are nice.

Hi fishes,

I am .net developer basically developed window and web application with the help of vb.net,c#,Asp.net MVC,html,jquery,css,bootstrap, sql server.

Yoe 6yrs not getting much calls , also if getting calls in technical not getting selected.

Where i am doing wrong i am not able to understand need your feedback, or i have to learn any new technologies.

like

Interesting investment opportunity with PSTH. Biggest SPAC with Tontine warrants. In short, for every 9 common shares you buy and hold through the merger, you get 2 shares priced at $23. The price right now is $26. I would get in and gradually increase by a multiple of 9 and hold until at least Dec 2021

like

What are the best investment books or authors for beginners? What are the best podcasts, YouTube channels or bloggers to follow? What are your favorite stock trading platforms? And if you finally have six figures cash ready to invest, what's the best place to start? Which broker / financial advisor would you recommend? This is only for 3-5 years to ultimately buy a decent home for my family.

I'm clearly a dummy so any help is greatly appreciated.

like

Any good bonuses on credit cards right now? (Jan 2022)

Already have Chase Freedom, Amazon (Chase), US Bank Cash+ Discover, AMEX, Wells Fargo 1.5%, all used for different expenditures to maximize cash back.

Thinking about getting the Wells Fargo 2% and closing the Wells Fargo 1.5%, and any others that overlap in cash back categories but at a lower rate.

like

What do you do to increase the chance of your content going viral?

like

Hi Sharks,
I also want to work in some product based firms or tech giants like amazon, flipkart, adobe and so on. But main problem is i live in mumbai and most of this opportunities are from banglore or Hyderabad and i dont have any plans to relocate.. any suggestions on this if any of this gives wfh or any such company is present in mumbai Amazon Flipkart Google Deloitte Adobe

like

Sick of people saying don't wear a mask. Wear a mask people, if you have one. The CDC says only wear them when you are sick. But isn't that the tricky part of Covid19? That you can be asymptomatic?

like

I'm 40F. Any point to my being in this bowl? Not being facetious, just see a lot of chat here and in the WhatsApp group about how the people in their early 30s are old, so don't want to waste my or anyone else's time...

like

I'm close to choosing an off shoulder wedding dress (not what I was imagining though). Any suggestions on how to style with hair and/or accessories ?

Post Photo
like

I hope my morning coffee cart guy is OK :(

like

Anyone recently joined Optum in India? Did you receive welcome gift?

Happy Sunday morning!

Post Photo
like

Bounce tomorrow/Tuesday then going short with oct expirations

like

🐠 Fam - What’s a good whiteboard solution for my home office? What do you use and from where do I get it? Thanks!

like

How do you explain to a interviewer that you are leaving your job because your new boss doesn't treat you well/fairly?

like

Additional Posts in Consulting

Know this may be a long shot in terms of actual responses but:
@PPMDs, what are your thoughts on the current/impending COVID specific layoffs at your firm?

E.G. Glad for the opportunity to reduce the headcount of mid performing SMs with little/no chance of making PPMD? Sad to see a firm you’re a part of undergo such unforeseen circumstances?

like

Feeling like I don't 'belong' in society - like I'm a serious imposter just trying to do life because it's mandatory. Anyone else feel this way or have any advice?

like

How does Accenture’s cell phone reimbursement policy work if you don’t want a new device and just want reimbursement for the plan? From what I am reading we have to charge the cell plan to client?

like

If I want to jump ship to a different big 4 company, which recruiters are best in NY or do I need to go direct to the firm? (Works differently in the county that I'm from)

like

What firms (consulting and industry) have good medical benefits? (Using BCG's as my baseline for good)

like

Deloitte people. I confirm layoffs of 4 ranked individuals and this year it's been hard rankings. Many 3s forced into 4. I was on the calls. Beware. Not trying to scare. Sharing facts.

like

Recommendations in Chicago for team happy hours? Did ping pong last time which was a blast. Looking for fun bar or something similar

like

AML - who is the best firm out there ?

likeuplifting

Finally getting a chance to put together a home office space. Looking for tips, photos, ideas. I have two monitors and a laptop so my do a three screen set-up. Debating about getting a standing desk or putting money in a super comfy leather chair. Open to hearing what you have done!

like

Which consulting firms are hiring for experienced Associate position? Have a friend who got laid off and looking for another job.

like

Finding it fun and refreshing to help my little brother with his Con Law homework. #nolife #shouldabeenalawyer

like

On a dark and stormy Monday evening, what did one consultant say to the other consultant?

like

Is genetic testing for diseases covered by most health insurance? Has anyone ever done this, do you recommend it.

like

Need to get my wife a push present, bday present, and an anniversary present. Suggestions? Probably

like

Am I crazy to let my lease expire, put my things in storage and just air bnb/pay for weekend nights at hotels for the next year? I love my place but feel like I'm just throwing money away

like

Best books on leadership? Highly enjoyed Servant Leadership book

like

All I want to do is curl up in bed with hot tea and a good book. Recommendations for if I ever achieve said dream?

like

Any KPMG Federal Healthcare Policy 🐠 in the House? If not, anyone from KPMG willing to give me a referral? See a job posting for which I am a very strong fit. Thank you!

like
likehelpful

Help me fishers, I've been in consulting for 4 years and I'm trying to figure out my options. what jobs can I transition to? I'm currently in tech strategy

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal