What is it like to work for a FinTech company?
Feb 20, 2019
5 Comments
How does Two Sigma, DE Shaw, and other similar places in NYC compare to FAANG SWE roles? In wlb, comp,.and the type of work you do?
Anyone here worked at both and can chime in?
comments
I am not (yet) at a quant HF/prop trading shop, but talk with a lot of friends. It really depends on which place you go to. Small shops and non-collaborative pod shops like Jump or Citadel are high pressure, low job security, potentially very high pay. It's easier at one of these places to crack the FAANG "Senior Engineer" comp ceiling and possibly get into the 7 digits.
Some of the really selective places that are more collaborative and laid back will pay above FAANG by a bit while having reasonable WLB.
Engineer vs quant is also very firm dependent, some places pay the quants much more, others pay the engineers very well, others pay everyone like crap (banks, some of the not-so-great funds).
I think generally speaking finance is a good call if you would prefer a little more pressure and reward, but you need to be careful about which company you go to in order to actually capture that upside. The names you mentioned are all pretty solid comp wise.