I'm in the running for a job with a medium size trading firm, but the role is a "many hats" type position that doesn't really fit into any job title I've seen before. I would be doing some trading, some idea generation, some coding of algorithmic trading engines, post-trade analysis, possibly have some irregular hours, and just in general be part of a smaller team so being ready to take on some ad-hoc tasks that might fall outside of those.
My only hint at a possible salary range comes from my recruiter. I originally responded to him about a job that was a potentially 150k USD salary, but mentioned "I would consider a 70k salary with an 80k expected bonus (with variance around the bonus) to be essentially identical. He said well if that's the case actually I have this other job that could have that kind of salary structure...
I just don't know what to really ask for when we get to salary negotiations, what equity % or profit sharing is appropriate or expected. Also I'm not sure how incentives would align with my recruiter so I'm not sure if I go to him for advice, are they typically paid a fraction of bonuses or are they incentivized just to negotiate for a higher base salary with no regard for equity/bonusing?
Ideally I would like to fight for way more equity/profit sharing over salary. I'm fine if I make 30k in the first year if I can be exposed to a lot of upside and make a lot more in the long run, or get a good piece if the firm has a windfall (which is likely in the space they're trading in).
How should I approach the coming negotiation?