A satellite is an object in orbit. This means, the satellite is circling around the earth fast enough so the gravitational pull will not bring it down.
Any object disconnecting from the satellite (i.e. you, jumping off) will be a satellite of its own, drifting away from the satellite with the velocity you pushed off (and always touching your former hosts orbit once in your race around the earth). If you happen to push off in the direction opposite of your host-satellites direction of travel, you will have executed the first half of a Hohmann transfer, i.e. your resultant orbit will take you a little farther down (but once a revolution also back up to the former orbit). Should this new orbit have such a low low-point that you graze the atmosphere, you will either glance off, or burn off. Death follows anyway.
Baumgartner jumped from a balloon, standing still over the earth, so the only relative velocity vs atmosphere he picked up was a result of his fall. You would have orbital velocity to begin with, so about 8km/s, or Mach 20...
The famous 'geostationary' satellites are not like a balloon - they race around the earth, far away from the earth, where orbital velocity is lower because the gravitational pull is lower. Jumping off a geostationary satellite will only make you another geostationary satellite, 35 thousand km away from the surface of earth.