I currently have a new grad offer from one of Citadel / Jump / Jane Street / DE Shaw. With some obfuscation, my offer is 200-230K / 100-150K / 150 - 175K, TC is 450K - 530K. HRT reached out and wants to interview me for a Algo SWE role. I am wondering if it’s worth my time to go through the interview for it? From their job description, Algo SWE looks like second class citizens that builds tools and supports Algo Dev. I might be wrong, but Core Dev or Algo Dev probably have much better comp? What’s the TC for Algo SWE new grad at hrt right now? Can it beat 530K? #hudsonrivertrading #janestreetcapital #citadel #jumptrading #twosigma #hft #citadelsecurities #millenniummanagement #point72 #optiver
top 10 university ?
Yes, if it’s us news
HRT won't pay $500k+ TC unless it's an Algo Dev role and you're a hotshot IMO/Putnam medalist at top school {MIT, Harvard} For Algo Eng, expect around $400k-450k with a split of $200k/$100k/$150k at best. Furthermore, the bonuses and sign-on at HRT are paid out quarterly, for example, $25k per quarter for 1.5 years. So actual in-hand TC per year will be lower than this. Also, looking at that split, I'm pretty sure your offer is with DE Shaw or Citadel. JS is paying $250k base to new grads this year. Source: I go to a top school and have friends who got offers at these firms.
Wait what? So the year-end + sign on are fully paid out only after 1.5 years? Meaning for year 1, I will only get (100 + 150) * 2 / 3 = 166 K of the year end + sign-on? That’s kind of dishonest for inflating comp.
Yeah, bonuses at HRT vest quarterly. At end of 1 year, you would get a fraction of the total that vested that year.
How did you get in touch with all of these firms?
I got referrals from friend for all firms except HRT and Jump.
May I dm regarding preparation? Also looking for internships.
Leetcode for all roles. In addition, Brain teasers + stats + probability for quant. OS + concurrency for Dev.
Approximately, how much lc did you have to do? 500, 1000?
Which is regular bonus and which is signing
Second and third
Notice how in these threads they never tell us how they prepared unlike the FAANG offer ones? 😂
Because FAANG LC monkeys couldnt answer the questions even if you gave them the answer beforehand. Real answer is even if they gave their questions, its not as standardized as FAANG so interview var is much higher.
OP likely didn't prepare. They're just good enough to get the top shops fighting over them
It’s possible given your counter offers. Good luck!
I am guessing by "Algo SWE" you mean Algo Engineer; it's definitely possible to be at or near there with counter offers if you are determined to be worth it.
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