NewRqfF02

TC for senior quant, good or bad?

Industry: Information (Market, Exchange) Position: Senior Quantitative Analyst YoE: Master's + 3 yrs TC: 77K + 10% bonus New Jersey Just wondering if I was offered the right TC. Asking if it is good or bad. Any thoughts? ================ Thanks. Now I can tell it is definitely a shitty offer.

Amazon ChatGPT3.5 Feb 13, 2023

What exactly do you do in this quant job?

New
RqfF02 OP Feb 13, 2023

I model a commodity market and extract valuable information. Tools used are Python and Git, mainly.

Amazon ChatGPT3.5 Feb 13, 2023

Is it just plug and play python libraries to show graphs and trends or do they actually make investment decisions off your work? The pay wouldn’t match the impact of it’s the latter.

Oracle piuwpiuw Feb 13, 2023

Blind: Anything under 300K is 🥜 If you don't have anything else, it's an offer. You can probably do better, so keep interviewing. But if you don't have anything else, try to negotiate and accept the offer.

New
RqfF02 OP Feb 13, 2023

I thought so. Thanks.

Oracle piuwpiuw Feb 13, 2023

I don't make 300K either and started lower than your offer after school. It's all luck to be honest. Good luck.

U.S.Bank SQL Monkey Feb 13, 2023

I saw a sell side BB quant research offered 200k on linkedin. But it listed tons shits of skills (DS + quant) I am sure buy side will be even more.

Amerigroup tech_bro_% Feb 13, 2023

They better eat your 🥜 at that TC. Come on man!

Amazon havrj736 Feb 13, 2023

If that’s the salary for senior, I wonder how much mid and junior level get. I would expect that compensation for a junior position doing backoffice stuff in 2nd tier or no name company. Then again, if you don’t have anything better negotiate, take it and keep looking.