Compare Offers Google vs Citadel

IBM jditman
Jul 21 38 Comments

I got to choose between two offers. Google offer is L4 in NYC, 260K TC (160K base, 15% bonus, 275K stock/4years, and 35K sign-on). Citadel offer is Quant Developer in Chicago, 340K TC (200K base, 130K bonus and 40K sign-on).

Background is CS Ph.D with 3 yoe.

Any suggestions?

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TOP 38 Comments
  • Facebook abcsef
    That Citadel TC is based on assumption you can survive there for 1 year.

    They fire a lot.

    Don’t move to Citadel if you have visa issues, also no career growth in Citadel for engineers.
    Jul 21 12
    • Google
      fAD

      Google

      PRE
      Facebook
      fADmore
      Does lack of title growth mean anything when there is good comp growth? Why would “career growth” matter when there is no leveling system?
      Jul 23
    • Facebook Decoupled
      Not talking about title growth - talking about skill growth.
      Citadel has a very narrow set of problems that you can work on as an engineer. After you've ramped up, none of those problems will be challenging. Eg - there are no 'scale' issues to solve, at least nothing compared to Google.
      Jul 23
    • Google
      fAD

      Google

      PRE
      Facebook
      fADmore
      Can I ask why you left to join Facebook? I imagine that move case with a large pay cut?
      Jul 24
    • Facebook Decoupled
      I left for idiosyncratic reasons - was bored with finance, and ML in tech is a more interesting field right now. I was a quant, so there was a huge pay cut in moving. But I'm past caring about TC.
      Jul 24
    • Mesosphere / Eng Onesie
      ^ the above makes a lot of sense that is we are all human and might not like a particular problem when doing that for a long time and move on. Also, don’t think we should generalize every team at Google to have scaling problem/. Similarly, at Citadel/other hedge funds some teams would have more scaling problems than other teams (of course less than G/FB!). In fact, I know of enough folks who think G’s culture is too slow and boring and moved to hedge funds and are very happy. So, it goes both ways
      Jul 24
  • Intel / Eng blackpanth
    Citadel
    Jul 21 0
  • Yahoo gKXi43
    Have you tried negotiating Google using Citadel offer?

    Seems like a lowball for L4 with a PhD. I’d still probably go with google nyc
    Jul 21 0
  • Expedia Group / Eng hnAy18
    How did you get interviews with citadel with your IBM experience? What makes you set apart? Also are you good at maths? Thanks for sharing
    Jul 23 6
    • Expedia Group / Eng hnAy18
      So what? PhD is not that attractive for the most...
      Jul 23
    • Susquehanna International / Eng Kristaps11
      Idk what kind if overblown requirements you think one needs to be a quant dev in Citadel. They hire undergrads for that role. My friend who had 2.5yoe at Bloomberg, undergrad from mid tier state school got a quant dev offer.
      Jul 23
    • Expedia Group / Eng hnAy18
      Well that's at least finance experience.
      I'm asking because they didn't even pass me for their pre screening
      Jul 23
    • Susquehanna International / Eng Kristaps11
      No one gives a shit if your company has a finance context unless you’re coming from another trading firm.

      A PhD in CS is likely far more impressive than a random dev at any trading firm or FAANG with a couple of years of yoe under their belt.
      Jul 23
    • Expedia Group / Eng hnAy18
      That's not something I would agree given that i worked with so many incompetent PhD holders
      Jul 23
  • Facebook Decoupled
    Is it Citadel or Citadel Securities? Do you know what you'll work on?

    I'd double check into the 'quant developer' part. Up until a year ago when I was there, Citadel only had quants or developers. Although some developers liked claiming on LinkedIn that they were QuantDevelopers.
    Jul 23 1
    • Lyft looololol
      What is the deal with securities?
      Jul 25
  • Microsoft / Product
    Brazuka

    Microsoft Product

    PRE
    Bain & Company
    Brazukamore
    Google for the long term career growth.
    Jul 22 0
  • Uber whiptest
    Congrats on the offers. I’d choose Citadel in Chicago over Google in NYC for the reasons of lower COL/higher pay.
    Jul 21 0
  • Yelp BDkP87
    Google for a job stability, better WLB and more career opportunities in tech. Google’s brand will help you get more jobs in future at tech companies. Also citadel is a finance driven company where engineering provides support but google is an engineering first company.
    Jul 22 2
    • Mesosphere / Eng Onesie
      Yeah I would be vary of this BS around engineering first company. In the end, you are supporting a business e.g., search/ads for google and trading here. This would require input from engineering and most hedge funds are very tech savvy. This might be true for some old banks etc where engineering is not first class.
      Jul 22
    • Facebook Decoupled
      "most hedge funds are very tech savvy"
      😂
      Jul 23
  • Susquehanna International / Eng Kristaps11
    Age? Family? What are your priorities in life right now? If not amazing wlb isn’t a big deal to you I’d go for Citadel to build your nest early unless you strongly prefer nyc.

    On a side note did you ask for a dev position in Citadel specifically?
    Jul 21 2
    • IBM jditman
      OP
      30 female. I matched to the team after passing the interview.
      Jul 21
    • Susquehanna International / Eng Kristaps11
      I’d probably just ask myself if the social opportunities and QoL in NYC outweigh the ~100k comp difference. If you’re looking to retire early that comp diff will make a huuuge difference from compounding interest obviously. But I understand some people have no interest in early retirement.

      Otherwise the money doesn’t make a big difference in terms of immediately QoL imo. Your lifestyle won’t be dramatically different if at all whether you’re making 260k or 340k.
      Jul 21
  • Facebook / Mgmt vjuiu
    Wanting to forgo 80k a year that early in your career...
    Jul 21 2
    • Credit Karma jebezo
      It’s bigger than that because of rent/tax differential.

      That being said, NYC is a lot more fun than Chicago, and working at Google will be a lot more fun than working at Citadel.
      Jul 21
    • Susquehanna International / Eng Kristaps11
      Different people have different priorities. I have a friend who turned down a 300k offer from Citadel for a startup.
      Jul 21
  • Google onetechguy
    Consider Google perks too
    Jul 21 0
  • Facebook bOHM82
    Definitely try to negotiate the Google offer up. Could probably get another $100k to $200k in stock even without the competing offer
    Jul 21 0
  • Goldman Sachs fake engineer
    What's your noncompete at Citadel? You can usually still collect it if you go to tech, it only applies to finance.

    It's a lot of free money, I would take it.
    Jul 21 0

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