from 8 AM - 9 PM ET. I'm at an AM firm on the west coast- hours are 5:30 to around 4-4:30. sometimes 3:30. Work Here? 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). Waterfall Asset Management Mechanicsburg, PA average salary is $72,523, median salary is $70,000 with a salary range from $25,080 to $256,000. 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. O 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. Highest Paying Job At Waterfall Asset Management, Highest Paying Department At Waterfall Asset Management. I took a sizeable step down in base when I came from the sell-side even though total comp went up. Search jobs. Q hope thats more in line with what you were interested in. Merrill Lynchs industry-leading ABS Group in the 1980s. It has been too small to ever get over the jump. So, more bonusheavy than the sell side, but the bonuses are a lot more stable than the sell side, especially at the junior level. E My best friend works in a west coast AM firm. More you manage the more you will be paid; which oddly means more work since you start to bleed time away from research to marketing. 98004 , in year 2021 , use the following filters. W MEDIAN. H1BSalary.Org portal indexed ~10 Million Labor Condition & PERM Applications from 2001 onwards. A 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. Those activities included management of foreclosure, litigation and backrupty loan accounts. Ex facilis deleniti similique voluptas et voluptas placeat. 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. If you have a few bad years the assets fall, your pay falls, eventually your fired. Also you mention you only hire experienced analysts, what qualities do you look for in an experienced analyst? Additionally, they give a lot of responsibility to their interns and entry level positions. The divide is smaller at the more junior jobs, it's mostly the top end where things are changing. Asset Management: Portfolio Manager Career Path? Apply to Vice President, Real Estate Associate, Operations Associate and more! Fuga veritatis consequatur dignissimos vel quia. I think the offer was ~$125k base, though I was able to negotiate a little higher since I was coming from $190k base on the sell side. The salary paid can be different for the same position in Waterfall Asset Management Llc based on experience, skills, and education. M A free inside look at Waterfall Asset Management salary trends based on 1 salaries wages for 1 jobs at Waterfall Asset Management. Asset Management and Fund Management Intern Summer Internship/(Paid/In -Person) Schedule: Monday - Friday, 40 hour per/week Location: 2 Park, NYC Dates: June 5th - August 11th 2023 Hourly Rate: $25 ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 17 days ago, Payarc LLC - cnolde@waterfallam.com 212.257.4629, Copyright 2023 Waterfall Asset Management. They have to travel around doing research and meeting with clients, so it comes with the territory. The process took 3 weeks. Mr. Ross subsequently managed International Real Estate Debt at Merrill Lynch and founded Licent Capital, a specialty broker/dealer for intellectual property securitization. Base Salary (USD) $79/hour View Avg Salary By Year Low:$69 - Summer analyst - - Waterfall Asset Management Waterfall has an excellent culture, you can really tell that everyone enjoys working there. 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 and September 30, 202, UNITED Thanks for the responses. 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. the petition for an H-1B visa. Newcleus represents the seventh distinct platform investment made by Waterfall's private equity team, in the Waterfall Sentinel Fund or other Waterfall funds, since its formation at the end of 2017. 2) What is the compensation like in asset management for your typical successful professional, who has a decent MBA? See what employees say it's like to work at Waterfall Asset Management. calculations and the carry waterfall analysis, management fee and other allocations orassets, and strong profit opportunity, but lack efficient access to capital. Waterfall Asset Management is based out of New York. I don't do anything more then review news alerts and emails) and maybe Sunday. Hi, I am soon to finish up my undergrad studies and am trying to choose a profession for myself. Looking for advise on company culture at both companies. How is pay, wlb & work culture. Here are some companies in the same or similar industry as Waterfall Asset Management Llc. NY. I plan on pursuing my CFA but beyond that I'm not really sure how I should plan for the next 5 years. After that first 7-10 years or so you'll have the skills/experience you need and then you have to master the mental game and manage yourself. The biggest firms (Capital, Fidelity, Wellington) will definitely pay senior analysts $1mm+, many times materially higher too if they're running big books. Laboriosam hic veritatis dicta et doloremque consequatur. View job description, responsibilities and qualifications. expect to be on calls with sell side and management teams, working on models, and doing a lot of overall information gathering and analysis. Initially it was the first week of December, now the second week is pretty busy too. Those activities included management of foreclosure, litigation and backrupty loan accounts. Salary Search: Associate Asset Manager salaries in Los Angeles, CA See popular questions & answers about RealtyMogul Software Asset Manager Northwestern Mutual3.8 Remote $70 - $75 an hour Full-time+1 Monday to Friday Financial Modeling new Greentree Capital5.0 Remote Estimated $43.3K - $54.9K a year Part-time+1 Monday to Friday Easily apply IB. information to help potential job seekers and others. The average salary for a Managing Director, Asset Management is $157,225. Pay ranges for the same job title may differ based on the location and the responsibilities, skills, experience, and other requirements for a specific job. I was talking to a guy who used to work at PIMCO, and he said most portfolio managers who've been there for at least a few years were making $500K+. Not to mention there are a lot of other costs in running this business besides the 'travel budget'. Let me give you an idea of my typical day after some comment on pay. People working towards a career in asset management or considering it are often in the dark about the pay and workload. K criteria. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. management (traditionally two percent). Waterfall has an excellent culture, you can really tell that everyone enjoys working there. Waterfall Asset Management Mechanicsburg, PA salaries are collected from government agencies and companies. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, 101 Investment Banking Interview Questions. Thanks! I Avg. I have MBA + 3 year experience in industry. I interviewed at Waterfall Asset Management in Apr 2021. "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. The. $216k. Money is going passive and fees keep moving down year after year after year. Additionally, they give a lot of responsibility to their interns and entry level positions. NY. Employer Name will WLB, experience and value add. Salaries posted anonymously by Waterfall Asset Management employees in New York City, NY, United States Area. Eveniet sint ut neque nemo alias. Big Tech Players usually pay fair amount of compensation through stocks and bonuses which is not captured as part of H1B Salary Information. Posted 1:52:22 PM. NY. About Waterfall Asset Management Based in New York, Waterfall Asset Management is an SEC-registered alternative asset manager. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. I usually get 5-6 hours sleep a night. Waterfall Asset Management is a successful hedge fund with high expectations. The average salary of Waterfall Asset Management Llc jobs will vary according to location, department, and job description. calculations and the carry waterfall analysis, management fee and other allocations orassets, and strong profit opportunity, but lack efficient access to capital. I arrive at work 8-9am (ET) leave 4-5pm. All Rights Reserved. ESSENTIAL FUNCTIONS: * Reviews full-cycle accounting of assigned portfolio of assets including . Waterfall is headquartered in New York City, with additional offices in London, Dublin, and Hong Kong. V Great people, great company. Proficiency in MS Office: Word, Excel, Power Point, and Outlook. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. 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 hourly ranges and a comparison with pay at Waterfall Asset Management Llc. The salary paid can be different for the same position in Waterfall Asset Management Llc based on experience, skills, and education. Analyst: 1,000,000 Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Employees in the top 10 percent can make over $233,000 per year, while employees at the bottom 10 percent earn less than $91,000 per year. IB offers more career options. Greenwich Location: Lincolnshire<br>Service Delivery Manager - SC Cleared - Lincolnshire - 600 <br><br><i>You will</i> join a global IT consultancy who are delivering digital transformation to a central government agency. 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. Are their any other asset management roles that you think would be a good fit for me? This post will dive into the details of the asset management fee and the preferred distributions. DOL disclosure data does not indicate the employer's intended use for the LCA. That works out to $70.31 per hour at Waterfall Asset Management, compared to $52.34 per hour at Marathon Asset Management. For best results , please narrow down your search Company reviews can provide helpful insights into the company culture, working conditions, benefits, compensation, and training opportunities in Waterfall Asset Management Llc. I love what I do, but it takes a toll on your physical health. When things are going well you can relax more and turn off your brain; at least it feels that way.