Hi Blind! Asking for a friend about picking among 3 offers. Their current TC is 150k in M/LCOL with 4 yoe, offer numbers are slightly fuzzed to avoid doxxing. Offer 1: One of BP/Exxon/Chevron/Shell, on front office commodity trading team, work seems interesting and a combination of data science and engineering Offer 2: One of Goldman/Morgan Stanley/JPMC, VP level on a back office data engineering team, could potentially get into a management role quickly? Offer 3: Small discretionary hedge fund with globally 10 tech people, mostly working on digitalizing internal investment decision making processes, reports directly to a portfolio manager Goal is to maximize TC for the next 5-10 years.
"asking for a friend"
So surprised BP is offering $250k. I remember their entry level offer being $80k but it was 5 years ago
They seem to pay a lot more for trading teams, I know that people have joined from Citadel.
Would people mind explaining voting for small hedge fund? They don’t do any systematic trading as far as I know.
Because it is buyside
Why are people voting GS. Never work in the back office, you are a second class citizen
Goldman sucks, don't work here
Careful small HFs are a crapshoot so ymmv
Could you DM me the name of the Hedge Fund? Really looking to get in that domain
Go for hedge fund. I was a commodity trader before joining the tech, I felt you get more opportunities for financial assets. Not sure how the quant side of commodity works, but for trading you usually specialize in one product (like agricultural) and moving to other products (like metal) will be a different game and learning curve.
Games changed, especially for European power/nat gas, which is heavy quant, and printing money.
Commodity trader, especially if it's BP/Shell. Potential unlimited upside down the line if you make it to trader, and strong fundamental name.
Been seeing a lot of Goldman offers for SWEs, seems like they are now reasonable competitors with FAANG on pay scale? That's crazy. Edit: Never mind, seems like they just up leveled you to VP. Nice job on offer, but still see that level for level Goldman is much lower.
Nope, even the best tech team in Goldman pay less than Microsoft.
Yeah that’s the most I’ve ever seen for Dallas VP IC. Usually around 170