Quote:
Originally Posted by metropolistraffic
Investment Bankers, Hedge Fund Managers, CFOs, Doctors, Surgeons, CEOs, CIOs, etcetcetc.
The Zarins, from that TV show "Real housewives of NYC" own their own fabric company.
Plenty of jobs, really.
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And Lawyers, CPA (Same as CFO, and almost the same as hedge fund manager)
Also the number 1, Real Estate owners.
75% of today millionaires are millionairse because of real estate.
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Jimmyboger08:
If you want to be a hedge Fund Manager, start by getting a BS or BA in accounting/finance.
Here are job offers in NYC, with this post you can have an idea of pay and requirements
copy/paste:
Looking for a premier position within a major hedge fund? If you are searching for a new professional challenge, you have just found it. As the Hedge Fund Controller, you will manage the staff and processes that support a sophisticated and rapidly growing suite of trading strategies in markets around the world. You must have exceptional leadership skills and be able to motivate and inspire your group. This is a multifaceted position, requiring a keen attention to detail as well as the ability to meet tight deadlines. Total compensation up to 700K!
Company Description: Major hedge fund
Related Careerbuilder Keywords: Hedge Fund, Fund, Fund of Funds, Hedge Fund Controller, Controller, Public Accounting, Public Accountant, Accountant, Private Accounting, Private Accountant, Accounting, Accountant, Portfolio Manager, Portfolio Management
Required Skills
Job Description Responsibilities include:
- Interacting regularly with senior management, portfolio managers, and proprietary trading professionals
- Handling daily accounting matters, including trade settlement, swap resets and corporate actions
- Preparing portfolio balance sheets and income statements
- Working on profit-and-loss reconciliation and analysis
- Providing security price testing
- Supervising a large group
Required Skills:
12 years of public and/or private accounting experience
Previous supervisory experience
Broad product knowledge
Related Careerbuilder Keywords: Hedge Fund, Fund, Fund of Funds, Hedge Fund Controller, Controller, Public Accounting, Public Accountant, Accountant, Private Accounting, Private Accountant, Accounting, Accountant
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Hedge Fund Accounting Manager
Company: International Fund Services
[SIZE=4]Description
[/SIZE]International Fund Services, a State Street Company,is the premier provider of accounting and administration services for the hedge fund industry. Our offices are located in midtown Manhattan, Princeton, NJ and Dublin, Ireland. Please feel free to check out our website at
www.imsi.com
We are looking for a bright, enthusiastic and hard working individual to complement our Fund Accounting team in New York.
Job Functions:
Reviewing work of the fund accounting staff
Ensuring that all relevant policies and controls are adhered to, daily
Responsibility for client relationships
Data reconciliation, exception reporting, and financial statements
Sign-off on all monthly or dealing date NAVs and related financial statements
Participate in management decisions
Report to the Director of Fund Accounting
[SIZE=4]Requirements
[/SIZE] Bachelors degree in Accounting
10 years of work experience (3-5 must be relevant to hedge fund accounting)
Working knowledge of excel
Exposure to audits, allocations, pricing, corporate action, and fee calculation
2+ years of product knowledge
Derivatives knowledge a plus
CPA is a plus
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Hedge Fund of Funds Analyst
Company: Helen Akullian Associates Inc.
[SIZE=4]Description
[/SIZE]MANAGER SELECTION Ideally seeking a Fund of Funds Analyst with Manager Selection who has Credit in their background.
Hedge Fund of Funds Analyst
Seeking an experienced, senior level Hedge Fund of Funds Research Analyst to join its team in identifying, analyzing and monitoring alternative investment vehicles (hedge fund of funds with emphasis in market neutral equity and global macro manager research and manager selection). The position will report to the group's Executive Director of Research.
Responsibilities will include:
Conduct quantitative and qualitative due diligence
Interview hedge fund managers
Convey strategies to investment committee
Research multi strategies
Research alternative investment vehicles hedge funds for inclusion in bank's global wealth portfolio
Ensure investment funds be available for client allocations once they have completed the approval process.
Monitoring the approved vehicles on an on-going basis to ensure that they remain "best of breed" vehicles.
Research based portfolio management in a fund of funds environment.
The successful candidate will likely have knowledge and actual experience in alternative investments.
An advanced degree is preferred, and certification as a CFA, CPA or CAIA is a desirable attribute.