Should I join Citadel?

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Oct 17 29 Comments

Got a offer from Citadel hf. The intetview process went very well and people seemed to be nice. But at the same time I am hearing a lot of scary stories, like the bottom 10% get fired or horriable wlb.

Can anyone share how Citadel fire people? How is job security if I work really hard? I am on last year of STEM OPT and final chance of H1B (though they are willing to relocate me to London and then apply for L1). Should I join?

Citadel tc: 300K
Current tc: 230K
yoe 2

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TOP 29 Comments
  • Google gg wp
    If you are going to chase growth as priority #1, join FB instead. At least their tech stack is up to date.

    Don't compare "bad" WLB/stress by finance standards versus what people consider "bad" in tech, where the average employee works 40-50 hours per week. They are two different leagues apart.
    Oct 17 10
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      Facebook asks for at least 2 chances for H1B. There isn’t love for last-chancer :(
      Oct 17
    • Google gg wp
      bluetiger - level is grown by showing impact

      OP - That's too bad then. Good luck with your other options!
      Oct 17
    • Citadel Securities / Eng bluetiger
      Yes obviously but the point is it is highly tenure based and you have to go through multiple years of reviews to get level growth - no one at Facebook +50% their TC year over year or at all close, people at Citadel do
      Oct 17
    • Snapchat / Other w8vbyc
      @Google You are not getting the point. Most tech companies like F/G, pay for performance is capped by the 1.x-2 multiplier. So the only way to go out of band TC is by promo and that usually requires sustained performance which could mean years. Citadel does not have this cap and top performers could get 5-10x on bonus which is way more than what you can get from F/G.
      Oct 17
    • Google gg wp
      Neither of us know the OP personally to make such a strong assumption.

      Based on the limited information provided, why should I assume they are an outlier (in the positive direction), rather than the median, or an outlier in the negative? It's a rosy ideal, but a biased estimator.
      Oct 17
  • Citadel Securities / Eng bluetiger
    There’s no hard rule saying bottom 10% get fired every year. Layoffs on the hedge fund side are probably somewhat more common than most tech companies though
    Oct 17 6
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      Would the front office lay off SWEs more often than the back office?
      Oct 17
    • Citadel Securities / Eng bluetiger
      WLB is reasonable. From what I’ve seen, expect 50-55 hours / week, usually no weekends.

      Not much difference in layoffs between front office and back office from what I’ve seen.
      Oct 17
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      Is lay-off based on performance review? @bluetiger
      Oct 17
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      @bluetiger “no weekends” means no work on weekends or no life on weekends?
      Oct 18
    • Citadel / Eng
      BrutеForce

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      BrutеForcemore
      No work on weekends and layoffs can be based on anything. Like have been said before, no 10% rule it's all rumors. It's not hard to get fired though. Comp grows year to year is a lot better than fb .
      Oct 18
  • Oracle / Eng eaponite
    I got NYC low latency, base + bonus 600k 7yoe. Whats your location
    Oct 17 2
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      Chicago or NYC
      Oct 17
    • EMC / Eng notax
      Did you have HFT/C++ low latency experience before?
      Oct 18
  • Amazon TiCi
    The bottom 10% get fired at Amazon and our TC isn’t even that high
    Oct 17 0
  • Bloomberg F.U. Money
    Yes of course based on TC even though I hate them.
    Be aware that your TC will be adjusted down if you’re moved to London, but that’s fine I guess.
    Oct 17 1
    • Citadel Securities / Eng bluetiger
      London TC is very comparable to Chicago. Unlike FANG Citadel doesn’t discount based on location
      Oct 17
  • Citadel / Eng
    BrutеForce

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    BrutеForcemore
    Job security is not great. Reorg can happen any time and you will be upside down with a different manager. As you don't have a green card id chose something more stable. After you have one - sure go ahead.
    Oct 18 0
  • Citadel xeNi78
    No
    Oct 18 1
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      Why?
      Oct 18
  • Informatica / Eng hosaf
    Congrats OP these are good offers. Was the interview c++ based ?
    Oct 18 1
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      no, java
      Oct 18

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