waterfall asset management salary

Are their any other asset management roles that you think would be a good fit for me? I manage about USD 250mm in global energy assets (mainly equity, all long only). Facere sint et culpa sapiente. Everyone is very collaborative and respectful of each other which makes for a healthy and effective work environment. Inside the WSO Finance networking guide, you'll get a comprehensive, all-inclusive roadmap for maximizing your networking efforts (and minimizing embarrassing blunders). No data is available based on your input. Waterfall is a leading private investment firm dedicated to investing . Average Waterfall Asset Management Salary. I don't need to work 9-5 but I want to have time during evenings and weekends to enjoy life (family, movies, sports, exercise) and don't only want to focus on my profession (although I am willing to work very very hard for the first 5-10 years). NEWTOWN, Pa., Aug. 3, 2021 /PRNewswire/ --Newcleus, LLC, ("Newcleus"),a leading provider of employer-owned life insurance and annuityproducts (with a core focus on Bank and Credit Union institutions), as well as employee benefit design and analysis,compensation consulting, and investmentstrategies, today announced that it has completed a strategic transaction with the Waterfall Sentinel Fund, a private equity vehicle managed by Waterfall Asset Management ("Waterfall"). Waterfall Asset Management is a successful hedge fund with high expectations. The national average salary for a Waterfall Asset Management employee in the United States is $146,241 per year. Your stress moves with relative performance. M I interviewed at Waterfall Asset Management in Apr 2021. As an experienced professional in Project Execution, you thrive at managing complex technologySee this and similar jobs on LinkedIn. The average hourly pay rate of Waterfall Asset Management Llc is $79 in the United States. render here, Green Card PERM Salary Info will render here, PERM Avg Salary By Waterfall was founded in 2005 by Tom Capasse and Jack Ross, two individuals who were early leaders of, Opens the Fishbowl by Glassdoor site in a new window, Culture is very unique compared to other hedge funds. Industry: Investment & Asset Management Revenue: $5 to $10 billion (USD) Competitors: Unknown Waterfall Asset Management, LLC is an SEC-registered institutional asset manager focused on structured credit (asset-backed securities and loans) and private equity investments. I consider myself really lucky to have landed a buy-side role where I get to work right under the PM/analyst so early in my career and really don't want to mess up this opportunity. Newcleus primarily provides its niche products and services to the banking and credit unionindustry and, by leveraging its' proprietary, client-centric administrationtechnology platform (known asMINTS), services and administers over 45,000 policies on behalf of over 750 financial institutions.1 The company is headquartered in Newtown, PA. For more information, visit: https://newcleus.com. The biggest firms (Capital, Fidelity, Wellington) will definitely pay senior analysts $1mm+, many times materially higher too if they're running big books. Base Salary (USD) $164,325/year View Hourly Rate Low:$142,670 The table shows below the name of the job title below you may be interested in including salary range and total compensation. Click the company name to explore its salary ranges and a comparison with pay at Waterfall Asset Management Llc. In other locations though it can be as much as 30% less, obviously the difference is purely numerical because the cost of living is lower. Waterfall Asset Management Llc pays an average salary of $164,325 and salaries range from a low of $142,670 to a high of $189,495. Russ Andrews randrews@waterfallam.com 212.257.4612, Sharon Eliran seliran@waterfallam.com 212.257.4614, Derek Brown dbrown@waterfallam.com 212.257.6008, Clay Nolde A&E PROPERTIES II MGMT LLC - 139. Both require a constant attention to the flow of information. Contact: John NelliganWaterfall Asset Management212-257-6125[emailprotected]. Thanks for the responses. This usually means 5-7 days on the road in a year. Laboriosam hic veritatis dicta et doloremque consequatur. Perferendis mollitia aut minima incidunt totam nesciunt. Those activities included management of foreclosure, litigation and backrupty loan accounts. New York By City will As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Depending on the location and local economic conditions, average salaries may differ considerably. 2) What is the compensation like in asset management for your typical successful professional, who has a decent MBA? 2020 - 2023 All Rights reserved to H1B Salary Org. IG/Government bonds sound interesting but I'd also want to experience analyzing some riskier and more interesting investments as well. Senior PM (2) = $2,000,000+ A typical managing director salary at Waterfall Asset Management is $231,163 per year. NY. As an integral Partner at Waterfall Asset Management, I have been a key contributor to the firm's tremendous success and global industry leading status, helping grow AUM from less than $1 billion to over $9 billion today. If you don't want this, don't pursue the path. Job Title will render here, LCA Applications By ", John Nelligan, Managing Director at Waterfall, said, "We believe Newcleus' competitive advantage in industry knowledge and structuring sophistication has positioned this team to capitalize on the tailwinds across the employer-owned life insurance markets and we look forward to supporting the Newcleus team as they continue to scale.". It's pretty much all the same for each bank. It is probably around the same with a little less bonus and a lot less hours worked, depending on the firm and group. As a PM your paid more then analysts on your team but you are also paid to take the stress and blows that come with that position. They have to travel around doing research and meeting with clients, so it comes with the territory. CT. It's almost always outside of earnings, and the busiest periods are at the beginning of the year (when companies are giving guidance and faster-money players are positioning their book for the year) and after labor day (where companies often update guidance into year-end and fast-money is repositioning their portfolio to either protect gains or catch-up on returns before year-end). We can't hide it no matter how hard we try, even if it's sitting alone at a bar with the glow of a Bloomberg mobile app on our face hoping something doesn't blow up. The starting pay at Waterfall Asset Management is $91,000 per year, or $43.75 per hour. My interests tend to shift over time but currently I am strongly considering a career in Asset Management and had some questions about that field. A free inside look at Waterfall Asset Management salary trends based on 1 salaries wages for 1 jobs at Waterfall Asset Management. In between earnings your time is mostly prospecting. NY, In addition, this role supports the Client's ServiceNow IT Service Management and IT Asset Management development and administration. Investment Bank experience with Top US/International GSIBs either serving in consulting roles with Big 4/Big 4 Equivalent or directly with investment banks. It has been too small to ever get over the jump. My report is ~50ish hrs/week (8/9am-6/7pm) with 70-80 base plus signing and performance bonuses. H See what employees say it's like to work at Waterfall Asset Management. About Waterfall Asset Management, LLC. I don't know why people on this board seem to get the impression that mutual fund companies are tame beasts compared to those wild hedge fund cowboys. BA or BS or Masters in Finance, Accounting, Business. Then I review any relevant news. It used to be that December was a calm month too, but over the past ~5 years more and more companies have started doing investor day's and other activities in December because it was an open part of the calendar. Capasse has over 30 years of structured credit experience globally, having founded, with Jack Ross, Merrill Lynch's industry-leading ABS Group in the 1980s where they completed many first-time ABS issues and purchased non-performing loans from the Resolution Trust Corporation. I plan on pursuing my CFA but beyond that I'm not really sure how I should plan for the next 5 years. Great people, great company. You can always tell when a PM is having a bad year, it's all over our faces and waists. Any insights would be helpful. About NewcleusNewcleus is adesign and administration provider of compensation, benefit, investment, and financing strategies. The average salary of Waterfall Asset Management Llc jobs will vary according to location, department, and job description. I think the spread between AM and HF/IB/PE may grow over time if the trend continues. Vacations are mandatory but I put in 1-3 hours a day working while on vacations. Getting back into the commercial loan arena and performing collateral due diligence was an added thrill to the day to day activities. A colleague spends about 30-45 days marketing a year (this mainly includes meeting key outside clients). R CIO & President (2) = $3,500,000+ In et nihil quidem minima voluptatum maiores sed. I have a friend who is about to start year 2 at HBS and got an offer at of fund of hedge funds that pays ~$275k starting, all in. Analyst: 1,000,000 Usually Total Compensation includes : Base Salary + RSU / Stocks + Bonus + Miscellaneous Benefits . Waterfall Asset Management is a New York-based investment manager focused on structured products and private equity investments. New York Waterfall is headquartered in New York City, with additional offices in London, Dublin, and Hong Kong. When I went to the buy-side I started leaving at 9pm and every 1-2 years it moved down about an hour from 9pm to 8pm to 7pm to 6pm. New York M Duration: 1 year Location: New York, New York Onsite Requirements, L & M DEVELOPMENT PARTNERS LLC - H1B Visa Salary database, easily search salary records by employer, job title, or location. Waterfall is a leading private investment firm dedicated to investing in asset-based credit and private equity across the entirety of the specialty finance and securitized credit space. This latest platform investment by the Waterfall Sentinel Fund is consistent with the fund's strategy which seeks to partner with best-in-class management in niche financial services and financial technology sectors across the lower middle market. Whats your thought on moving from Morgan Stanley to Nomura? Cision Distribution 888-776-0942 Sunt facilis dolorum eveniet omnis unde et est. The hardest thing in AM is just getting your FIRST job since many AM firms are like this. I'd even say pay is fairly stable even into the sr analyst level. For employees in the corporate management department, the average yearly salary is $194,426, and employees in the finance department earn an average yearly salary of $120,409. Read what they think about their salaries on our Compensation FAQ page for , Investment Management Analyst salaries - 4 salaries reported, Data Analyst salaries - 4 salaries reported, Vice President salaries - 4 salaries reported, Financial Analyst salaries - 2 salaries reported, Summer Analyst salaries - 2 salaries reported, Technology salaries - 1 salaries reported, Administrative Assistant salaries - 1 salaries reported, Executive VP salaries - 1 salaries reported, Generalist salaries - 1 salaries reported, Investment Associate salaries - 1 salaries reported, Operations Associate salaries - 1 salaries reported, Summer Investment Associate salaries - 1 salaries reported. W Companies choose this ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 1 month ago, Clinton Investment Management, LLC - Asset Management Salary Progression (Originally Posted: 03/23/2013), I was hoping someone might be able to elaborate on the typical salary progression for an asset management employee straight out of undergrad at a BB or traditional manager or both if its the same. A 2 phone interviews followed by superday at office with around 10 interviews. Nobody is going to take time from their day to get a new analyst up to speed, so you need to come in with the skill set to do the job already. Chief Information Officer, Reporting Analyst, Senior Asset Manager and more on Indeed.com "We are thrilled to partner with Waterfall, which shares our core values, including providing best-in-class service, and which will support our ongoing investment in people, products and technology to continually enhance our capabilities. , Salaries posted anonymously by Waterfall Asset Management employees. I have MBA + 3 year experience in industry. Duration: 1 year Location: New York, New York Onsite Requirements, L & M DEVELOPMENT PARTNERS LLC - returns vs. benchmark, tracking error, AUMs, etc. See what employees say it's like to work at Waterfall Asset Management. This you can learn overtime. $4B AUM, only 18 people in the firm. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Waterfall Asset Management gave FINN up to $200 million in asset-backed security (ABS) funding in March and Credit Suisse and Waterfall Asset Management presented $520 million in ABS in December. Pay for Portfolio Managers are based on their track record i.e. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Job Title will render here, PERM Applications By Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Waterfall Asset Management, LLC is an SEC-registered institutional asset manager focused on structured credit (asset-backed securities and loans) and private equity investments.