Considering doing interview prep for citadel. Is it worth it to make the move? Currently E6 and may reach e7 in 2 years. Meta e7 are a bit more than a mil in TC m and is stressful and less mobility internally as the role is heavily specialized TC: 730k
IMO, Citadel is only worth it if you are joining as a trader or QR for the upside and being closer to the money. These companies run leaner and there’s more focus on execution rather than technical leadership, which hinders E6+ growth if you plan on coming back to big tech.
Trading companies and hedge funds aren’t good for software engineers
Can you explain in what aspect? You mean technical growth? Coz the comp they offer to E5 or below is pretty decent and they do add resume value
Couldn’t agree with this more. I’ve been in trading for 10 years before I came to tech. Few skills are transferable and you don’t use latest and greatest tech in trading. Like others said traders are the only ones valued and engineers are a cost center. Not to mention long non competes and garden leave requirements and personal trading restrictions. Plus discretionary bonus that only work properly the first year. After that they find every reason not to pay. While traders get their share for sure
Btw, citadel and Goldman are known in the industry to be super toxic
Can you refer me to Marketa?
Just focus on retiring
If it helps, I know new grads who make more than you
New grads making about a million? No fucking way.
Maybe for a top phd quant with competing offers. For lowly swe I’m skeptical.
Different industry, different work. Different type of stress. Comp-wise quant trading is way more lucrative than Meta, or any tech company. Not even comparable, especially after some years.
You are prepping for an interview you haven't been offered?
This is common, prepping after applying is too late.
Likely why poster is still at Bloomberg.