CompensationAug 26, 2019
BloombergBANG<GO>

Comp in fintech and hedge funds

What comp can a senior software engineer (5-6years of experience) expect at a hedge fund like Two sigma or Jane street? Also how much work life balance can I expect? tc 230

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Facebook Hodinkee Aug 26, 2019

For two sigma it’s not whole lot:300-400. I’ve heard numbers twice as much for JS, but no personal experience with them.

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LangeSohne Aug 26, 2019

If you work in the front office (quant dev, algo strategy dev, HFT dev, etc) then the sky is the limit. If you work in infrastructure, tooling or internal software then you'll make about as much as FAANG with slightly worse perks and WLB.

Dell LUHV04 Aug 27, 2019

For two sigma in data center space , what would be the comp for New York ?

Betterment GSOq03 Aug 27, 2019

Come to Betterment!

Goldman Sachs csu Aug 27, 2019

How much would betterment pay

Jane Street Capital csyibl Aug 27, 2019

I'd be surprised if we offered much less than 400k for someone with that much experience. Pay is very performance-based, though. In your first year or two that could easily go up several hundred thousand if you do well.

Facebook Hodinkee Aug 27, 2019

What about 700? How typical is that for people coming from FB, google, etc

Jane Street Capital csyibl Aug 27, 2019

I would be a bit surprised to see an offer that high, but I don't have a lot of data points around that. I definitely wouldn't be surprised to see someone actually get paid that much, though. We tend to give offers on the low end of what we normally pay and then bump it up where it belongs at bonus time when we have a better idea of performance.