Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Waterfall has an excellent culture, you can really tell that everyone enjoys working there. Hourly 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. 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. Compensation - is really hard to answer because #1 there's a lot of variability by type of firm (i.e. I'm pretty sure not even paulson or citadel offers that much in base+signing for someone just coming out of an MBA program. Today's PM's will likely never see the comp that outgoing PM's saw and the same is probably true for analysts. Founded in 2005, the firm employs a differentiated relative value . I just landed my first job out of UG at a top 50 US am firm based in their Canadian office. Some of the job titles with high salaries at Waterfall Asset Management are managing director, finance vice president, management analyst, and asset manager. Company reviews can provide helpful insights into the company culture, working conditions, benefits, compensation, and training opportunities in Waterfall Asset Management Llc. New York See you on the other side! The average salary of Waterfall Asset Management Llc jobs will vary according to location, department, and job description. My evening routine has steadily evolved when I was on the sell side I worked until 10pm+ M-Th. There are times I miss being "just an analyst". Working closely with outside counsel to ensure timely disposition/management of the accounts. Sounds nice doesn't it? I think my firm's culture is very chill compared to what I've read about others though. Fuga veritatis consequatur dignissimos vel quia. Work Here? Conferences and travel is very seasonal too. , 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. It starts w/ earnings prep/previews (are there any actions you want to take BEFORE earnings), then earnings itself (which is working around the clock, usually including at least one weekend day), then post-earnings catch-up (catching up on whatever you missed during earnings and prioritizing research after any surprises). This employer has not claimed their Employer Profile and is missing out on connecting with our community. from Bowdoin College in 1979. But the last two weeks are usually empty, which is great. About Waterfall Asset Management Waterfall Asset Management, LLC is an SEC-registered specialist credit adviser focused on High Yield Asset Backed Security (ABS) and loan investments. lifestyle is a tad bit lenient in terms of work-life balance but dont count on it. Kind of like furnitureI just assume.". Advisor Info 13D/G Insider (Form 4) calculations and the carry waterfall analysis, management fee and other allocations orassets, and strong profit opportunity, but lack efficient access to capital. seniors get partnership buy in as well. Chief Information Officer, Reporting Analyst, Senior Asset Manager and more on Indeed.com Waterfall Asset Management is a successful hedge fund with high expectations. R You can easily make a decent living doing AM. The average hourly pay rate of Waterfall Asset Management Llc is $79 in the United States. Tulip is spot on. Waterfall Asset Management is a global alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, real assets, and private equity. O Even in small companies.In the words of user @TheBig": I'm not 100% sure as far as progression goes, but here's the rough idea of the salaries the PMs at the IMD firm I intern at make. What would some of the pro's of pursuing an MBA be in 6 years down the line, would that accelerate my progression towards becoming a PM? Filter by location to see Asset Management salaries in your area. WATERFALL ASSET MANAGEMENT, LLC Get Salary Updates H1B SALARY GREEN CARD SALARY BY YEAR BY CITY BY JOB TITLE EMPLOYER REVIEWS Mandate Integration Services Analyst Schroders Investment Management New York, NY, USA 24 days ago Investment Manager Schroders Investment Management New York, NY, USA 5 days ago Analyst/Senior Analyst, Development I manage about USD 250mm in global energy assets (mainly equity, all long only). Q NY. 2nd year analyst: 1.2 million 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. Facere sint et culpa sapiente. will render here, LCA Avg Salary Info Purpose of this portal is Democratization of H1B Salary New York Avg. About Waterfall Asset Management Based in New York, Waterfall Asset Management is an SEC-registered alternative asset manager. It has been too small to ever get over the jump. Waterfall Asset Management employees earn an average salary of $146,241 in 2023, with a range from $91,000 to $233,000. Senior PM (2) = $2,000,000+ I took a sizeable step down in base when I came from the sell-side even though total comp went up. The national average salary for a Asset Management is 53,956 in United Kingdom. Please can you let me know by closet index fund being a good gig - In terms of what position/job title is this and what companies would offer this type of job? R lots of brainteasers throughout the process. Title remains the same and a 30% salary increase. Whalewisdom has at least 5 13D filings, 1 13G filings, and 9 Form 4 filings Summary Inv. Waterfall is headquartered in New York City, with additional offices in London, Dublin, and Hong Kong. Initially it was the first week of December, now the second week is pretty busy too. Yes, I was asking about NYC- should have mentioned that in the first place. Commercial Customer Service Representative. In between earnings your time is mostly prospecting. Founded in 2005, the firm utilizes a relative value approach for sourcing and investing in the private and public markets, across 60+ sectors of the asset-based finance arena. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Information. O render here, Employers in the Zip Code will appear here, (Employer Name, Job Title , Work City , Postal Asset Management: Portfolio Manager Career Path? Here are some companies in the same or similar industry as Waterfall Asset Management Llc. NY. Rest of the staff seemed to all get along and enjoy their experience there. Associate, vp, etc..(with more realistic numbers of course), P.s. On Fishbowl, you can share insights and advice anonymously with Waterfall Asset Management employees and get real answers from people on the inside. Analyst: 1,000,000 This is a key and influential role helping to deliver a number of . Here are some companies in the same or similar industry as Waterfall Asset Management Llc. and September 30, 202, UNITED Eum voluptatum officiis id ullam at illo illo. The average Asset Management salary in the United States is $95,632 as of February 27, 2023, but the salary range typically falls between $72,668 and $139,904. We are actively looking for additional help to make this site more meaningful for H1B What's the best way to model a waterfall in Asset Management? Apply to Vice President, Real Estate Associate, Operations Associate and more! Thanks for the responses. I try to only work weekends during earnings season. But the real big money went to like the top 5 or so guys, who were easily making eight figures. I love what I do, but it takes a toll on your physical health. I arrive at work 8-9am (ET) leave 4-5pm. Fox Rothschild LLP served as legal counsel and FinPro Capital Advisors, Inc. served as financial advisor to Newcleus with respect to the transaction. Fees Under Waterfall Asset Management. There's obviously more support staff on the team and we leverage a lot of back office support from the firm, but 5 people picking stocks. A typical managing director salary at Waterfall Asset Management is $231,163 per year. It'll evolve a lot over time. You need to be able to handle periods of significant stress in the portfolio. Sorted by Date, page 1, Related Waterfall Asset Management Salary, Waterfall Asset Management Veterinarian Salaries, Waterfall Asset Management Mechanicsburg, PA Salaries, North Carolina Agricultural And Technical State Un Salary, International Aids Vaccine Initiative Salary. criteria. Contact: John Nelligan. This usually means 5-7 days on the road in a year. Working closely with outside counsel to ensure timely disposition/management of the accounts. Hi, I am soon to finish up my undergrad studies and am trying to choose a profession for myself. Z, Salary by Job: Most of the time, they really aren't all that different. Inside the WSO Finance networking guide, you'll get a comprehensive, all-inclusive roadmap for maximizing your networking efforts (and minimizing embarrassing blunders). Waterfall Asset Management is a successful hedge fund with high expectations. I'm at an AM firm on the west coast- hours are 5:30 to around 4-4:30. sometimes 3:30. 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. NY. New York Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Interview. STATES DEPARTMENT OF LABOR. I thought my 5 year was going to finally show something but it did not. Yes, the pay is good at Waterfall Asset Management. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}5. Very long and repetitive - Spoke with at least 8 people over 4 visits and a few phone calls. with the Department of Labor. H This post will dive into the details of the asset management fee and the preferred distributions. The average salary of Waterfall Asset Management Llc is $164,325 in the United States. , How we do it? Both require a constant attention to the flow of information. Duration: 1 year Location: New York, New York Onsite Requirements, L & M DEVELOPMENT PARTNERS LLC - This position manages the project portfolio team and leading a select number of complex projects within the portfolio. I've only worked at a couple of firms, but from my experience and many conversations I think it's fair to say that almost no AM shops have any kind of a training program. Tom Capasse is a managingpartner and co-founder of Waterfall Asset Management. render here, PERM Salary Info By Additionally, they give a lot of responsibility to their interns and entry level positions. At this level there's no equity. Compliance doesn't go higher than $60,000. 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. H1BSalary.Org portal indexed ~10 Million Labor Condition & PERM Applications from 2001 onwards. 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). A free inside look at company reviews and salaries posted anonymously by employees. Companies choose this ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 1 month ago, Clinton Investment Management, LLC - B I thought my 5 year was going to finally show something but it did not. Waterfall Asset Management Careers and Employment About the company Company size 11 to 50 Revenue $5M to $25M (USD) Headquarters New York Waterfall Asset Management website Learn more Jobs We were not able to detect your location. This is at a west coast firm so there may be a slight discount vs NY. I Free Charts and Figures Template. Year will render here, LCA Avg Salary Info By S Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Those activities included management of foreclosure, litigation and backrupty loan accounts. Vitae et mollitia voluptas deserunt occaecati iusto nesciunt eaque. 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. Is it too late to apply for this position? Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Also you mention you only hire experienced analysts, what qualities do you look for in an experienced analyst? Waterfall had approximately $9.5 billion in assets under management, as of June 1, 2021. Working knowledge of capital markets products and operational processes. Waterfall Asset Management pays $70.31 an hour, on average. Jan 30, 2023. G She didn't break down the pay structure, so not sure what the base salary is. The visa applications might have been denied. That's what you are looking for and sorry, you can't if you want to be good at what your are doing; I think that's true or most professions. I find it impossible to take too much time off, there is always something to learn or verify. ", "Now that I think about itI never actually know when you guys are here in the office. NY. H1B Visa Salary database, easily search salary records by employer, job title, or location. Investment Bank experience with Top US/International GSIBs either serving in consulting roles with Big 4/Big 4 Equivalent or directly with investment banks. Flat increases to base and percentage increases to performance range every year. , They are aware that the compensation is good, but they are unaware of the salary of an asset manager. I am not looking to know the salary for the super successful financiers (which can be in the billions) nor for an unsuccessful uncommitted person, but rather, again, for a successful, hard working individual. Filings for specific year, choose the filing year. I have MBA + 3 year experience in industry. Read what they think about their salaries on our Compensation FAQ page for Waterfall Asset Management. Hope that helps. I Here's what people are saying about Waterfall Asset Management Llc. So basically guaranteed first-year compensation? New York Avg. Here's the thing on lifestyle ultimately, it's up to you. I'd say senior analyst range is probably $400-800k, though as comp comes down there's a lot fewer seats at the $700-800k level (there used to be $1m+ analyst seats, but they're probably entirely gone now on the long only side). Your pay is a function of a lot of variables. See reviews, salaries & interviews from Waterfall Asset Management employees in London. Compensation structures vary greatly across industries, and rarely is base salary the sole indicator of how much an individual will receive in total take home pay especially big technology players. I can take a week away from my desk, two weeks at a time would be almost impossible unless I'm killing it on performance. Typically mutual fund managers have over 8 years experience, they tend to promote from within. 232 Waterfall Asset jobs available in New York, NY on Indeed.com. Mr. It's FREE. Performance is next. You need to have the raw skills (modeling, research, writing) day one, but you will evolve as an investor over many many years so that's not expected day one. I don't know if this is firm specific, but the comp breakdown is very heavy on bonus. Not to mention there are a lot of other costs in running this business besides the 'travel budget'. If you have a few bad years the assets fall, your pay falls, eventually your fired. Ex facilis deleniti similique voluptas et voluptas placeat. render here, PERM Applicants by City will 98004 , in year 2021 , use the following filters. Mr. Capasse subsequently managed structured credit Banking & Trading groups at Greenwich Capital, Nomura Securities, and Macquarie Securities. Zippia gives an in-depth look into the details of Waterfall Asset Management, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Waterfall Asset Management. I have 4 years in retail banking and am interviewing for a KYC Analyst position and a Risk and Control Analyst position currently. Ut ad ea commodi. or Want to Sign up with your social account? Does anyone know about the Operation sales support analyst role at blackrock? You can browse through all 1 job Waterfall Asset Management has to offer Full-time 6042 - Operations - Associate Waterfall Asset Management is based out of New York. Here are some other companies that are located close to Waterfall Asset Management Llc. Worked short period as a consultant. My lifestyle (before COVID WFH) - morning routine has been the same for 10-15 years Up at 5am, very quick workout (20-25 min), catch train to city 6am, at desk 7:15-7:30. View job description, responsibilities and qualifications.
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