Compensation expectations Senior Analyst at Citi

Posting for my son. #dataanalytics #datascience He is a new grad (econ phd., mba, stat msc.) with 0 yoe and has been approached by a recruiter at Citi. The role is: AVP Qualitative Models Validation Senior Analyst Any guidance on what TC he should be aiming for (the job is in Long Island, NYC, NY). TIA TC: $0 Yoe: 0

Citibank MonDLuffy Jun 13, 2022

$120k base

Verizon SbQo51 Jun 13, 2022

He has an MBA, an econ PhD,and a master's in stats? I think really it's just gonna be a standard PhD offer. Might have luck posting in econ PhD forums also.

NBCUniversal uRez47 OP Jun 13, 2022

Good call, thanks. Yes he has all three. He said he wanted to get as well rounded an education as possible since the university was footing the bill.

Taulia hakd527h Jun 13, 2022

If possible ask him not to accept validation roles. It gets harder to switch jobs in future. It’s a dead field which kills creativity and a lot of pressure from regulators

NBCUniversal uRez47 OP Jun 14, 2022

Good to know, thanks, I will pass on the info.

Citibank citislickr Jun 14, 2022

Regardless of experience, he should come in as VP if he has a PhD. That AVP stuff is for the birds.

NBCUniversal uRez47 OP Jun 14, 2022

I will pass on the info, thank you.

Citibank ts2566 Jun 15, 2022

He should try for hedge funds with such an impressive background. The company has too many people and lots of politics. Avoid big banks.

Citibank mil$$tc Jun 18, 2022

Degree is one and your ability to perform is different.