Hedge Fund Trader Overview | What is a hedge fund trader?

The hedge fund trader determines the best way for the hedge fund to make a profit through investment. You will create the best investment strategy while you communicate with the investors, and you will sell the shares at the best possible price to make enough profits. To do this, you must have in-depth knowledge and understanding of the market and trends to be in the best position to take profits.

Hedge fund traders must have expert analytical and asset management skills. The educational requirement for the post is a degree in mathematics, science, or engineering or a relevant degree. MBA is an added advantage. Knowledge of investing and proficiency in using excel and financial statement analysis is important. Strong quantitative and legal skills are required for the post of hedge fund trader. The hedge fund trader earns an average of $49.83 an hour or $103,649 a year.

What does a hedge fund trader do?

A Hedge Fund Trader specializes in developing investment strategies through market research and analysis. Although the extent of their duties depends on their company of employment, it typically includes managing and monitoring market portfolios, trading according to policies and regulations, reaching out to potential business partners through calls and correspondence, discussing terms, and keeping an eye on stock prices. A Hedge Fund Trader must maintain an active communication line with staff for an efficient and fruitful workflow.

Salary$117,549
Growth Rate10%
Jobs Number12,689
Most Common SkillHedge Funds
Most Common DegreeBachelor's degree
Best StateRhode Island

Hedge Fund Trader career paths

In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of sales trader you might progress to a role such as equity trader eventually. Later on in your career, you could end up with the title portfolio manager.

Hedge Fund Trader

Learn more about hedge fund trader career paths

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

Hedge Fund Trader skills and job requirements

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 15.1% of hedge fund traders listed hedge funds on their resume, but soft skills such as analytical skills and customer-service skills are important as well.

Hedge Fund Trader skills

Hedge Funds
Macro
Derivative
Fixed Income
Bloomberg

Inbound Calls
Asset Management
Treasury
Mutual Funds
NYSE

Hedge Fund Trader requirements

Degree in finance, economics or related field.
Extensive experience in financial markets.
Advanced working knowledge of trading strategies.
Proficiency in trading software and platforms.
Ability to analyze and interpret financial data.

Aditional hedge fund trader skills

Hedge Fund Trader responsibilities

The role of a hedge fund trader includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry. Here are some general hedge fund trader responsibilities.

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.

Hedge Fund Trader education

If you're interested in becoming a hedge fund trader, one of the first things to consider is how much education you need. We've determined that 83.8% of hedge fund traders have a bachelor's degree.

We found that 9.4% of hedge fund traders have master's degrees. Even though most hedge fund traders have a college degree, it's impossible to become one with only a high school degree or GED.