Hedge Fund Analyst |
A person who spends their day tracking the activities of people whose job they would have liked. |
Quantitative Researcher |
A person who can attach probabilities to future events by looking backwards. |
Portfolio Manager |
A person who has an enormous breadth of knowledge across a range of industries and is an expert in none of them. |
Strategist |
A person who spends their day looking down at global events from 25,000ft but never has to land to take an active decision themselves (see “ Journalist” and “Consultant”). |
Head of Quantitative Solutions |
A person qualified to Ph.D level who used to earn an annual bonus at a CTA. |
Head of Risk |
The person who stops portfolio managers earning a bonus. |
In-House Marketer |
A person who can ascribe someone else’s success in the firm to their own activities. |
Chief Operating Officer |
The person who is thought to keep hedge funds running as businesses. |
Deputy Chief Operating Officer |
The person who actually keeps hedge funds running as businesses. |
Chief Investment Officer |
The guy whose name is on everyone’s business card. |
Head Trader |
Chief Algo Selector |
Compliance Officer |
Fulfills the statutory requirement to have a fifth column in every firm in the financial sector. |
Head of Compliance |
Chief Snitch |
Head of Technology |
The only person in the firm authorised to have self-defined mission-critical costs no-one else understands. |
Head of Investor Relations |
The person that works with the most important existing clients to tidy up the s*** created by the CIO. |
Chief Executive Officer |
The person individually chosen by the founder and Chief Investment Officer to buy the paperclips and liaise with the auditors. |