Updated June 25, 2024
5 min read
A hedge fund trader is a professional who creates investment strategies and manages market portfolios. They use their knowledge of the market and trends to make profitable trades. Their duties include researching and developing trading strategies, communicating with investors and analysts, and trading stocks, bonds, and derivatives. They often work with financial analysis tools and may automate trade allocation procedures. A hedge fund trader typically has a degree in mathematics, science, engineering, or a relevant field and possesses strong analytical, asset management, and quantitative skills.
How long does it takes to become a hedge fund trader?
It typically takes 6-8 years to become a hedge fund trader:
- Years 1-4: Obtaining a Bachelor's degree in a relevant field, such as finance, economics, or mathematics.
- Years 5-6: Accumulating the necessary work experience in financial analysis, market trends, and investment strategies.
- Year 7: Gaining on-the-job training or additional certifications, if required.
Note: This timeline is based on the assumption that the reader already has a high school diploma and the 25th percentile experience is 3-4 years. The exact timeline may vary depending on the specific job requirements and individual circ*mstances.
ScoreHedge Fund TraderUS Average
Salary
8.1
Avg. Salary $117,549
Avg. Salary $59,228
Stability Level
9.5
Growth Rate 10%
Growth Rate 0.3%
Diversity
6.1
Race
American Indian and Alaska Native 0.21%
Asian 12.18%
Black or African American 5.43%
Hispanic or Latino 11.24%
Unknown 4.12%
White 66.82%
Gender
female 34.25%
male 65.75%
Age - 43
Race
American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Gender
female 47.00%
male 53.00%
Age - 43
Stress Level
9.5
Stress level is very high
7.1 - high
Complexity Level
10.0
Complexity Level is advanced
7 - challenging
Work Life Balance
3.5
Work Life balance is poor
6.4 - fair
Hedge Fund Trader career paths
Hedge fund traders often move on to roles like sales traders or equity traders. They may also become portfolio managers or finance analysts. Some transition into operations specialist or analyst positions, while others move into leadership roles like team leader or vice president.
Key steps to become a hedge fund trader
Explore hedge fund trader education requirements
Most common hedge fund trader degrees
Bachelor's
83.8
%
Master's
9.4
%
Associate
5.2
%
Start to develop specific hedge fund trader skills
A hedge fund trader uses a variety of skills on a daily basis. They conduct financial and technical analysis to make trading and investment recommendations, and maintain dialogue with analysts for idea generation. They also process trades, reconcile accounts, and communicate with brokers to obtain market quotes and execute orders. Additionally, they stay up-to-date with economic trends, political processes, and monetary policies to inform their trading decisions.
Skills Percentages Hedge Funds 15.08% Macro 13.77% Derivative 8.32% Fixed Income 7.02% Bloomberg 6.53% Show more
Research hedge fund trader duties and responsibilities
A hedge fund trader's primary responsibility is to analyze financial and technical data to make informed trading and investment recommendations. They engage in various activities such as researching investment opportunities, coding trading strategies, and executing trades on platforms like Interactive Broker. They also maintain relationships with sell-side and buy-side analysts, participate in investment conferences, and ensure strict confidentiality of client documentation.
- Manage business, sales, marketing, international negotiation and communication for a commodities business.
- Trade ETF baskets base on NYSE floor position (long/short).
- Assist with the conversion of all securities to trade directly through the NSCC.
- Perform critical maintenance of new & existing securities in multiple operational systems by using Bloomberg.
Get hedge fund trader experience
Prepare your hedge fund trader resume
When your background is strong enough, you can start writing your hedge fund trader resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a hedge fund trader resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose From 10+ Customizable Hedge Fund Trader Resume templates
Build a professional
Hedge Fund Trader
resume in minutes. Browse through our resume examples to identify the best way to word your resume.
Then choose from 10+ resume templates to create your Hedge Fund Trader resume.Apply for hedge fund trader jobs
Now it's time to start searching for a hedge fund trader job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How Did You Land Your First Hedge Fund Trader Job
Are you a Hedge Fund Trader?
Share your story for a free salary report.
Average hedge fund trader salary
The average Hedge Fund Trader salary in the United States is $117,549 per year or $57 per hour. Hedge fund trader salaries range between $68,000 and $201,000 per year.
Average
Hedge Fund Trader
Salary
$117,549Yearly
$56.51
hourly
What Am I Worth?
How do hedge fund traders rate their job?
-/5
5 Stars
4 Stars
3 Stars
2 Stars
1 Star
Hedge Fund Trader reviews
A zippia user wrote a review on Jul 2023
Pros
Flexible job to do other things during the day
Cons
You have to be careful or you could lose money
Hedge Fund Trader FAQs
How to get a hedge fund job
How to get into a hedge fund
How to work at a hedge fund
Have more questions?
See all answers to common sales questions.Search for hedge fund trader jobs
Updated June 25, 2024
Zippia Team
Editorial Staff
The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.
- Zippia Careers
- Sales Industry
- Hedge Fund Trader
Updated June 25, 2024