Citadel trader bonus. Health Benefits: Medical / Health,Dental,Vision.
Citadel trader bonus Oct 26, 2025 · Citadel's salary ranges from $76,380 in total compensation per year for a Recruiter at the low-end to $597,727 for a Software Engineer at the high-end. fyi have been seen reaching up to $30k. If we're talking USD, 500k is reasonable at the citadel and `Jane `street. Citadel Securities added 16 staff in London during the year. Feb 23, 2024 · A team of 20 portfolio managers at Citadel appear to have received average bonuses of $30m each. From my experience, BW tends to pay devs lower than citadel or HRT. How do we calculate pay? How accurate is a total pay range of $222K-$396K/yr? Are you earning enough? The average Citadel Trader makes $234k in base salary, bonus, equity, and signing bonus in 2021. What do experienced traders earn, I would imagine at least double their starting compensation. Retirement Benefits: 401(k) retirement plan. Citadel, for instance, returned 15% in 2023, with competitors Millennium, Verition, and ExodusPoint returning 10%, 8%, and 7% respectively. This base compensation is the equivalent of $75 per hour assuming a 40 hour work week (2,000 hours per year). Is 100M comp We're always looking for exceptional people. I’m reading more and more about commodities trading and the trading houses every day, but one thing these companies aren’t advertising is their compensation. Pulling Mar 26, 2025 · As we noted in today's Morning Coffee, hedge fund Balyasny Asset Management (BAM) is said by Bloomberg to have spent $50m hiring portfolio manager Dave Brodsky from rival hedge fund Citadel, even though Citadel says Brodsky had a drawdown (loss) of $60m when he left. Explore open opportunities, learn about our interview process and discover life as a team member. This is based on 2775 salaries submitted on Glassdoor by Citadel employees as of October 2025. $400k base tends to be the ceiling for most career quants in my experience, although the best quants and those at top funds will be able to get a higher base. What does a total compensation breakdown look for someone at the various stages of being a commodities trader and how many years out would people get access to those promotions (grad program, trader, senior, etc…)? Jan 24, 2025 · Hedge fund sign-on bonuses on Levels. And OP was rather specific writing CitSec instead of just Citadel. On the trading desk, we manage risk intraday and exercise some level of discretion in semi-systematic books, so we’re the Jan 27, 2019 · Citadel started at 150k base, 100k sign, and 50k guaranteed bonus. For people 3-5 years out, the compensation range is quite wide with total comp going from 250k-500k+. This total comp usually has the same or slightly higher salary than the new grad offer. Jun 30, 2023 · Citadel averages out to around $240k, some higher some lower (think a reasonable range is $210 - $270), and I believe you get housing for 6 months. One thing I appreciate about Citadel is their ownership mentality and everyone is smart and hard working These anonymous reviews offer invaluable insights into Citadel's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits. While Brexit ravages Britain's supply chains, Citadel Securities said the exit from the European Union hadn't been a big deal. The median Trader compensation in United States package at Citadel totals $375K per year. Think you've got what it takes to get an internship at any of these funds? Make sure you check out our guides for quant jobs and hedge fund jobs, as well as our specific guides for Citadel and Millennium. Interesting, I only have close friends at a handful of places so perhaps those are exceptions. Manage the entire order and execution lifecycle for the Citadel Execution Services client franchise. How do we calculate pay? How accurate is a total pay range of $289K-$469K/yr? As one of the world's largest alternative investment managers in commodities, we seek diverse talent to apply a breadth of expertise and make tangible impact. Whether you're eyeing a new job or just curious, understanding their pay structure is Apr 10, 2024 · At the same time, hedge funds like Millennium and Citadel have built their own highly profitable commodities teams around "armies" of quants and data analysts. Around 140k is salary, and the rest is signing bonus/yearly bonus. Sep 17, 2025 · How much does a Quantitative Trader make at Citadel? The estimated average salary for a Quantitative Trader at Citadel is $304,437 per year or $146 per hour, but some professionals have reported earning up to roughly $504,547 per year (90th percentile). See 5. Apr 10, 2025 · How much does a Quant Trader make at Citadel Securities? The estimated average salary for a Quant Trader at Citadel Securities is $724,586 per year or $348 per hour, but some professionals have reported earning up to roughly $1,325,992 per year (90th percentile). Drive improvement and change for a best-in-class trading platform to facilitate business expansion and readiness for market structure changes. The average additional pay is $169K per year, which could include cash bonus, stock, commission, profit sharing or tips. Have a confidential story, tip, or comment you’d like to share? If you're ready to explore a career here, we're ready to hear from you. Last year, around 20 commodities portfolio managers and their teams at Citadel shared a bonus pot thought to be worth around $600m. Jan 8, 2024 · Hedge fund optimism makes a lot of sense, mostly reflecting the strong performance of many of the large multistrategy hedge funds this year. Less in or out culture because u often can have the same title for years, just maybe cover bigger names / lead teams as you get more senior. May 9, 2025 · Discover the 2025 salary expectations for quantitative analysts at Citadel. It’s a good name to have on the resume and even spending a couple of years will give you experience that might otherwise take lot longer elsewhere. Semi-Systematic Traders leverage quantitative problem solving, market knowledge, game theory, and world class technology to generate profits through risk taking. We would like to show you a description here but the site won’t allow us. Citadel Securities has said in the past that it has to pay well in order to attract, " the best and brightest talent from all backgrounds. " Competitors like Jane Street are chasing the same mathematically gifted employees. This is based on 12 salaries submitted by Feb 15, 2025 · In 2025, Citadel Securities is making waves with its salary trends. Vigorous competition for talent means many funds will feel compelled to pay their people well, although a rise of At Citadel Securities, a leading global market maker, our team of Traders collaborates with the brightest minds in financial markets, technology, engineering and the sciences to tackle challenges in the markets. Learn about salary ranges, benefits, job trends, and how . Both just circumstantial evidence though :p Reply reply Important-Tadpole-27 • Reply reply mintz41 • Well probably because CitSec is a similar firm to JS etc, whereas Citadel is completely different Reply reply More May 2, 2006 · Compensation for this role tends to be highly variable, as bonuses and job security are often directly tied to the measurable profits generated by their strategies. Compensation info for Quant in Citadel Securities (New York). Some moved up ~100k after negotiations. . Health Benefits: Medical / Health,Dental,Vision. Hmm I heard that CitSec did just reveal bonuses yesterday. 20% of Citadel's investors are employees, possibly more (and the amount invested in the fund grows disproportionately with seniority/role), so in total citadel staff and board made 12B fees + 20% of 16B ≈ 15B. Bonus at 100% is standard is my understanding, so it’s pretty common for a first year out of college to make half a mil a year. The typical pay range is between $238,088 (25th percentile) and $400,666 (75th percentile) annually. Design and build Sep 24, 2024 · By comparison, revenues and profits at Citadel's London-based hedge fund entities fell last year. Sep 27, 2021 · The average combined salary and bonus paid to Citadel Securities' 136 European staff in 2020 was $683k (£499k), up from $659k a year earlier. What is median total compensation of a senior quant trader at a top firm such as Jane Street, Optiver, and Citadel Securities? By senior, I mean 5+ years of experience. Apr 10, 2025 · The average Quantitative Trader base salary at Citadel Securities is $195K per year. If you want to learn and understand pressure Citadel is the right place because it’ll make every other job after that lot more manageable. How much does Citadel pay? Citadel salaries can vary greatly by role, ranging from $88,814 per year (or $43 per hour) for Recruiting Coordinator to $405,488 per year (or $195 per hour) for Trader. View the base salary, stock, and bonus breakdowns for Citadel's total compensation packages. Monitor, design and enhance trading workflows across NMS Equities, OTC Equities, Options, and the broader client trading platform. Citadel Securities salary details: 82 compensation reviews posted anonymously by Citadel Securities employees. It'll be somewhat heavy on signing bonus though (altho if u can stay ur regular bonus will compensate it disappearing). I’m a execution trader at a quant HF where the researchers are the ones generating signals and therefore eligible for P&L sharing and the highest compensation. 3 million salaries from Facebook, Google and others. Our Traders work with Rule of thumb is higher risk / higher reward based on how close you are to alpha generation and monetization. Base got to $400k, largest bonus I got was just under $850k, but I was earning $350k base at the time, still the most TC I pulled in 1 year though. ” It's a "meritocracy. The average additional pay is $128K per year, which could include cash bonus, stock, commission, profit sharing or tips. The actual average hours worked per week at Citadel Investment Group based on our data is actually 60 hours, which would bring down the true effective hourly rate to $52 on average. Quant Trader (QT): Quant Traders are responsible for executing trades by sending orders to exchanges. 1B check for Kenny is accurate then that leaves roughly 11B for the rest of the staff. If you include the average bonus We would like to show you a description here but the site won’t allow us. If you're ready to explore a career here, we're ready to hear from you. Engage in discussions with verified Citadel employees Citadel Investment Group pays an average salary of $150,000 per year. Feb 14, 2023 · My InsiderThis has allowed trading shops like Citadel, Millennium Management, and Steven Cohen's Point72 to offer tens of millions in salary packages to score the most in-demand traders and Citadel made 28B gross last year, and returned investors 16B net of fees. Sep 15, 2025 · The average Trader base salary at Citadel Securities is $165K per year. Seems like new grads at these and similar places earn ~600k their first year. Bonuses are very much equally split between talent, luck, and the overall market. If the 4. Get tips and advice on Citadel interviews, offers, culture, compensation and more. Find a role that helps you follow your passions and apply your skills. Could be a dev vs trader thing too, I have heard the trader bonuses can get really nuts so maybe a deferred structure starts to make more sense at a point. For reference, my firm's new grad package is around 220k-250k. Oct 15, 2022 · Based on thousands of tech salary negotiations, this guide will help you maximize compensation from your quant hedge fund offer. It really depends on your contribution / your team / your PM. * Bonus are usually at least 100% of base. z0joaifytdaxbkifhyo78lie4ktwjo7fnafldqde