Goldman/Morgan/JPM/Citi/.. trader comp
Does anyone know what the trader comp ranges are at the top global banks at the VP level and above? I know it varies, but there are definite buckets individuals fall under based on performance. #sellside
Does anyone know what the trader comp ranges are at the top global banks at the VP level and above? I know it varies, but there are definite buckets individuals fall under based on performance. #sellside
Exceptionally wide. At MS, base was fixed by level (250k for US based VP traders, 300 ED, 400 MD). Bonus of folks I knew at VP level alone ranged from 30k (lol) to >>1mm. Neither was typical, but it’s illustrative of the possible range. “Standard” comp is 50-150% of base.
What’s the highest bonus you’ve ever heard an MD make? Is it true traders can make more than the ceo in really good years
My direct manager made 3-5mm a year. Yes, top traders can make more than the CEO in a good year.