Salary Range$75,000 to $100,000+
Many investment banks have prime brokerage departments that provide financing, brokerage and trading, custody, information, risk management, and administrative services to hedge funds. These services help the fund grow its business, attract investment capital, and operate smoothly. Relationship managers act as the go-between between the prime brokerage department (and other departments at the investment bank) and hedge funds. They educate hedge fund managers about the services provided by the prime brokerage and connect them to key resources (e.g., traders, investment strategists, risk managers, etc.). Relationship managers are also known as client service representatives and client coverage account managers.
Minimum Education LevelBachelor's Degree
OutlookMuch Faster than the Average
Senior Relationship Manager/Hedge Fund Investor Relations Specialist