Hi all, Got an offer for SDE 1 from Amazon and Technical analyst from GS. Amazon - 19L cash, 10L stocks/4 years GS - 20L fixed, 7.5L bonus. (Marcus consumer banking team) Which one should I prefer? Honestly, I like the Amazon team, but the difference in comp is too high. Does anyone have any reviews of Marcus team in GS? How the work there compares to the Amazon?
The title gives a feeling that work would be difference. If the work is same then why would they not call you SDE? Analysts have different job profile
This is just banking titles. Tech analysts are SDEs in GS
You are just starting your career. Pick the best work. High chances that work at a tech company like Amazon will be better than work at GS (there maybe team specific effect though). Paywise long term you will reap better rewards if you keep doing good in demand work
My 2 cents. In case you plan to do an MBA and go in the financial sector GS is better and if you want to be in a tech role, a SDE or PM, Amazon is better.
Work would be same as SDE, financial companies tend to have weird names for positions. Source: have few friends in GS who started as tech analyst. As for positions, even though they are both similar profiles, career wise they are different as GS is not a product based company so alot of projects they do are not that interesting or technically challenging, however their WLB is way better. So the way I would choose is do I see myself building products for external customers and getting interesting technical challenges or am I ok with moderate tech stuff but want better WLB. Another factor in GS would be alot of inter office politics, not sure hw it is in Amazon. Money wise, base would always be comparable but GS is known for year end bonuses (all cash) which no tech company can match
Marcus product is new and should be interesting
Marcus is a consumer facing product. There are interesting challenges and products (savings and lending). I would say set up time with Marcus leads to see types of projects / technical problems they face.
Is the 7L bonus fixed or performance bonus?
Marcus is the baby of Goldman right now. They are spending money and all excess funds go towards funding Marcus. Your career growth will be amazing there.
As a user that makes me very happy. Marcus is incredible. They just need to roll some tools to do CD ladders, improve the look and feel a bit more (esp on mobile), try to get faster transfers (somehow despite ACH being what it is, maybe private relationships with banks), invest a little on fraud and they’re golden.
Interest rates are key though. Don’t want them to accumulate a lot of operational expenses maintaining Marcus which in turn means less than competitive interest rates.
Go for Amazon by counter offering the current TC provided by GS. GS is not actually a tech company even if they prefer to be called one. Also 7.5 L is variable bonus and since you're joining after Feb end you won't be in hike cycle so don't expect appraisal in December. Both are the companies with worst WLB so you have to choose less worst among them and I think Amazon would be better decision
Seems like two very different career paths. Do you want to be an analyst or an SDE?
It's the technical analyst position. Work would be same as of SDE.
No way the work of technical analyst is the same as SDE.