best way to contact us
WSR’s culture encourages the merger of entrepreneurship with public service. Thus, our motto is 'entrepreneurship in the service of U.S.-China public interest'.
Trader Monthly/Options Group
2007 Wall Street Bonus Survey
FIXED-INCOME PROPRIETARY
| POSITION | BASE | BONUS |
| Analyst (1-3 years) | $70,000-$90,000 | $60,000-$80,000 |
| Associate (1-3 years) | $100,000 | $125,000-$175,000 |
| VP (1st year) | $125,000-$150,000 | $300,000-$400,000 |
| Director | $150,000 | $800,000-$1 million |
| MD | $150,000-$200,000 | $1 million-$2 million |
CREDIT-DERIVATIVES TRADING
| POSITION | BASE | BONUS |
| Associate (1-2 years) | $70,000-$80,000 | $90,000-$120,000 |
| Associate (3 year) | $80,000-$90,000 | $175,000-$225,000 |
| VP | $100,000-$125,000 | $400,000-$800,000 |
| Director | $150,000 | $1 million-$1.5 million |
| MD | $200,000-$250,000 | $1.7 million-$2.2 million |
| POSITION TOTAL COMPENSATION | ||
| Global Head $6 million-$8 million | ||
| Head of Americas $4 million-$5 million | ||
INTEREST-RATES TRADING
| POSITION | BASE | BONUS |
| Associate (1-2 years) | $65,000-$75,000 | $50,000-$60,000 |
| Associate (3 year) | $75,000-$90,000 | $70,000-$90,000 |
| VP | $100,000-$125,000 | $500,000-$600,000 |
| Director | $150,000 | $800,000-$1 million |
| MD | $200,000 | $1.3 million-$1.7 million |
| POSITION TOTAL COMPENSATION | ||
| Global Head $4 million-$6 million | ||
| Head of Americas $3.5 million-$4 million | ||
INVESTMENT-GRADE TRADING
| POSITION | BASE | BONUS |
| Associate (1-2 years) | $65,000-$75,000 | $50,000-$60,000 |
| Associate (3 year) | $80,000-$90,000 | $75,000-$85,000 |
| VP | $125,000 | $400,000-$500,000 |
| Director | $150,000 | $700,000-$900,000 |
| MD | $200,000 | $1 million-$1.5 million |
| POSITION TOTAL COMPENSATION | ||
| Head of Americas $3 million-$4 million | ||
HIGH-YIELD TRADING
| POSITION | BASE | BONUS |
| Associate | $90,000 | $80,000-$100,000 |
| VP | $125,000 | $200,000-$250,000 |
| Director | $150,000 | $500,000 |
| MD | $200,000 | $1.5 million-$2 million |
| POSITION TOTAL COMPENSATION | ||
| Head of Americas $4 million | ||
MORTGAGE-BACKED SECURITIES
| POSITION | BASE | BONUS |
| Associate (1-2 years) | $65,000-$75,000 | $70,000-$80,000 |
| Associate (3rd year) | $80,000-$90,000 | $80,000-$95,000 |
| VP | $100,000 | $300,000-$600,000 |
| Director | $125,000 | $1 million-$1.5 million |
| MD | $150,000-$200,000 | $2 million-$3 million |
| POSITION TOTAL COMPENSATION | ||
| Head of Americas $3.5 million-$4 million | ||
| Head of CMBS $6 million | ||
| Head of CMO $5 million-$6 million; $10 million (top) | ||
MORTGAGE-BACKED SALES
| POSITION | BASE | BONUS |
| Associate (1-2 years) | $65,000-$75,000 | $50,000-$60,000 |
| Associate (3rd year) | $75,000-$85,000 | $60,000-$80,000 |
| VP | $100,000 | $250,000-$400,000 |
| Director | $125,000 | $900,000-$1 million |
| MD | $150,000-$200,000 | $2 million-$3 million |
| POSITION TOTAL COMPENSATION | ||
| Head of Americas $3 million-$3.5 million | ||
EMERGING-MARKETS DEBT TRADING
| POSITION | BASE | BONUS |
| Associate (3rd year) | $90,000-$110,000 | $100,000-$120,000 |
| VP (3rd year) | $125,000-$150,000 | $300,000-$350,000 |
| Director(3+ years) | $175,000-$200,000 | $1 million-$1.2 million |
| MD(3+ years) | $250,000 | $2 million-$2.5 million |
| POSITION TOTAL COMPENSATION | ||
| Global Head $4 million | ||
| Head of Americas $3.5 million-$4 million | ||
MUNICIPAL-DERIVATIVES TRADING
| POSITION | BASE | BONUS |
| Associate (1-2 yearS) | $60,000-$70,000 | $70,000-$90,000 |
| Associate (3rd year) | $70,000-$90,000 | $100,000-$120,000 |
| VP | $100,000-$125,000 | $250,000-$400,000 |
| Director | $150,000 | $600,000-$800,000 |
| MD | $200,000 | $900,000-$1.3 million |
| POSITION TOTAL COMPENSATION | ||
| Regional Head , Trading $2 million-$2.5 million | ||
STRUCTURED CREDIT
| POSITION | BASE | BONUS |
| Associate (3rd year) | $100,000 | $225,000-$275,000 |
| VP(3rd year) | $130,000-$150,000 | $500,000-$600,000 |
| Director | $150,000 | $1 million-$1.3 million |
| MD | $200,000 | $2.5 million-$3 million |
| POSITION TOTAL COMPENSATION | ||
| Global Head $10 million | ||
| Head of U.S $6 million | ||
| Regional Head of CSOs $3.5 million-$4.5 million | ||
STRUCTURED-FINANCE TRADING
| POSITION | BASE | BONUS |
| Associate | $80,000-$100,000 | $100,000-$140,000 |
| VP | $125,000 | $400,000-$600,000 |
| Director | $150,000 | $600,000-$800,000 |
| MD | $200,000 | $1.3 millin-$1.7 million |
| POSITION TOTAL COMPENSATION | ||
| Global Head $10 million-$15 million | ||
| Global Head of ABS Trading $9 million-$11 million | ||
| Head of CMBS Trading $6 million | ||
| Head of Americas $5 million-$6 million | ||
FOREIGN-EXCHANGE TRADING
| POSITION | BASE | BONUS |
| Associate (3rd year) | $85,000-$100,000 | $70,000-$90,000 |
| VP (1-2 years) | $95,000-$110,000 | $300,000-$400,000 |
| VP (3rd years+) | $125,000 | $400,000-$500,000 |
| Director | $125,000 | $1 millin-$1.2 millin |
| MD | $150,000-$200,000 | $1.5 millin-$2 million |
| POSITION TOTAL COMPENSATION | ||
| Global Head $4 million | ||
| Head of Americas $2 million-$3 million | ||
EQUITY PROPRIETARY TRADING
| POSITION | BASE | BONUS |
| Analyst (Quant, 1-2 years) | $80,000 | $60,000-$100,000 |
| Analyst (Quant, 3rd year) | $100,000 | $100,000-$150,000 |
| VP (Execution Trader) | $125,000 | $250,000-$350,000 |
| Director | $150,000 | $1 millin-$1.1 millin |
| MD/PM | $200,000 | $1.2 millin-$2 million |
| POSITION TOTAL COMPENSATION | ||
| Global Head $8 million-$9 million | ||
| Head of Americas $5 million-$6 million | ||
EQUITY DERIVATIVE TRADING/STRUCTURING
| POSITION | BASE | BONUS |
| Associate (1-3 years) | $100,000 | $175,000-$225,000 |
| VP | $125,000 | $350,000-$450,000 |
| Director | $150,000 | $1 millin-$1.2 millin |
| MD | $200,000 | $1.4 millin-$1.6 million |
| POSITION TOTAL COMPENSATION | ||
| Global Head Trading/Structuring $6 million-$8 million | ||
| Global Head Volatility Trading $5 million-$6 million | ||
| Head of Americas $5 million-$6 million | ||
CONVERTIBLE-BOND TRADING
| POSITION | BASE | BONUS |
| Associate | $60,000-$80,000 | $60,000-$80,000 |
| VP/Director | $100,000-$125,000 | $400,000-$500,000 |
| MD | $200,000 | $800,000-$1 million |
| POSITION TOTAL COMPENSATION | ||
| Global Head $2.5 million-$3.5 million | ||
| Head of Americas $2 million | ||
