Job Responsibilities
Servicing hedge fund managers with reporting and client service
to their investors. I monitor and report fund performance,
compare funds to benchmarks and ensure risk controls are
maintained. On a daily basis, I interaction with current and
prospective investors. This includes managing a Customer
Relationship Management database system. For new hedge fund
clients, I design pitch books and other collateral materials.
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Job Requirements
My background makes the venture possible. After working for a
hedge fund service provider for 2 years, I was able to secure
clients based on my reputation and work ethic.
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Uppers
Flexibility to work on many different projects. Working from home is also a
plus in the summer! I set my own schedule which works for me because I am really
productive at 3am in the morning.
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Downers
Still working to build up steady income to a level that is
comfortable for me. Some months I am unsure of where revenues
will come from until I get up and go secure them. Unlike my
corporate experience, there is no allowance for down time these
days. Starting a business is tough but the rewards are great.
Once I have enough clients to live comfortably, the perks are
locked in and the job security is actually greater than the
corporate world.
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Lifestyle
Work hours are sporadic. Some days I work for 2 hours, others I work for 16
hours. Business travel comes up about once a month. I attend social events
organized by industry groups that are great networking and new client
opportunities. Dress code is super casual until I head out to meet with clients.
Meetings with clients are formal so the dress follows suit.
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Compensation
Base salary is 75K. Each additional client increases income by
25 - 40K. I pay my own insurance through the Freelancers Union.
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Advice to Jobseekers
The hedge fund industry is indeed exciting. It is moving
quickly and there are still many opportunities to innovate and
corner a market for yourself if you are entrepreneurial and good
at going out and finding the right people to advance your
business.
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