Drw salary reddit. 86K subscribers in the quant community.

  

Drw salary reddit. I added also some firms.

  • Drw salary reddit I own a LLC holding rental properties. some client facing work 28M NYC 7 years in the industry $150k base with bonus dependent on personal carry and company performance, last year total comp $330k An internship at DRW means you’re constantly learning new areas to apply to your quantitative skillset—and questioning how you approach and solve problems. All the people making comments about DR not wanting to see people is actually hysterical, because you’ll have more time to see people when you’re not taking call and leaving at 4pm. I keep reading on reddit that the market is hot but recruiters are only contacting me for junior positions or jobs at 50-80k range If not, Expedia, SSENSE, Morgan Stanley, DRW could pay up to about 100k if you are a few years in the industry. Top gov companies like DSO/Astar pay above $2k. The average Trading Analyst base salary at DRW is $113K per year. Engage in discussions with verified DRW employees. But is bonus usually 50-100 percent so that total comp hits 200k? 28 votes, 17 comments. Correctness over time complexity for the playing cards question, input is N between 1-10 so they really want you to just pass the test cases. From road trips, If you do go SRW, I suggest the long bed as they usually have a bigger gas tank like the DRW has. DRW is not a terrible ranking on some weighted combo of prestige and size not sure the q is that material - you interview everywhere anyway, then judge them on pay and personal fit. It reports an average salary of 357k for pathologists. The annual base salary More importantly however, the behavior of reddit leadership in implementing these changes has been reprehensible. I have no idea what to expect since there weren't many discussions around interviews at this firm. Posted by u/quanttesting2025 - 2 votes and 3 comments most hft and buy side hedge fund offers above 150k for new grad and can be up to 300k if you work in trader role (js, citadel , hrt, drw, optiver) Unicorn start ups like anthropic offer above 300k So the company I work for pays me a monthly check of 2500. tbh, would've preferred IMC, more algo driven. But is bonus usually 50-100 percent so that total comp hits 200k? I’d assume people don’t make a lot of money for the firm until 2-3 years of having been there so for the first 2-3 years are bonuses low and total comp around 140ish only? DRW in my experience wants you to finish in much less time they allotted. Also notably, a lot of well known companies Yes it definitely depends on the company's pay structure, like for 2021 onwards flow traders pays out 35% of the bonus over 4 years but this would still be taken into account as "unrecognised variable expenses", pre 2021 bonuses were given in the year that the bonus was recognised so the values above were indeed from 2020 results. View the base salary, Choose between DRW and IMC. in STEM + 5 years as a quant. I was recently approached by local 220 an was wondering if I should make the jump an go union. I've only seen Jane Street offer 200k base for new grads. I'm currently working with a contractor set to start a DOL apprenticeship in January making 24 an hour with 100 per diem on a 10/4 hitch. The one that peaks my interest the most is 4 days, 12 hour shifts, no touch shuttle from one local town to another DRW, imo. Very Software Engineer compensation in United States at DRW ranges from $180K per year for L2 to $390K per year for L5. Please note it's also possible to join an existing pod and to negotiate some PnL cut in the way in. LinkedIn Business Operations & Strategy - $193K. Or check it out in the app stores DRW Trader OA . I mean, mostly on pay:) but yeah, should post "short bio" Firms don’t care if you trade on your own especially at a junior level, sure you can bring it up during an interview but at the end of the day it doesn’t matter. I see so many medical students thinking IR is something it’s not. Recent Salary Submissions. This sub will be private for at least a week from June 12th. 6 - 2k. For example, Jane Street's base salary for new grads has increased from 150k 4-5 years ago to 300k now. So I might just wait Reply ArbitrarilyAnonymous Quant trading salary. DRW is siloed so you should ideally know what team you are going to. With a great desk, DRW might be the best option, so that would be worth looking into. As far as Citadel and DRW I’ve heard Citadel is really cutthroat so I would personally not want to work there, DRW is better from what I’ve heard. In short just look at your CAP. Tinder Software Engineering r/cscareerquestions and even r/cscareerquestionsEU really talk up the career and only see to mention the people who make insane incomes ($2 million+), and by spending time on there one would think that as a quant you'll be making that kind of a salary practically as a guarantee. The base salaries seem to be low for places like Geneva, TMG, DRW, DV, CTC etc around 110k. However, the cynic in me would like to dig deeper and find out the finer details of the field I am being offered a base salary of $200,000 with a 20% performance bonus tied to PnL generated. Fwiw, 10 trading firms that fit the bill above: JS, HRT, Cit, Optiver, SIG, DRW, 5rings, IMC, DE Shaw, Arrowstreet. I’d say 300-500 is standard among top tier shops. I know you said funds in general but I don't think Two Sigma gives 200k base salary for new grads even with competing offers. I'll be attending school later this month, after I finish my 6 week course and obtain my CDL, I have offers from local companies. Also I suggest scoring each firm by reputation ranging from Tier 1 to Tier 4. DRW employees rate the overall compensation and benefits package 4/5 stars. 300 weekly salary guaranteed, unit bonus up to 1500 for selling 20 cars (I don’t remember off the top of my head might be 2000 for 20) 100% commission no weekly salary, only a minimum wage draw, if you hit all your bonus tiers you’ll I think people are downvoting you because you are new to this and this comment comes off as naive to them. 86K subscribers in the quant community. It really is a struggle to start. from what I've heard the pay and pay progression at IMC doesn't really beat what a strong (not top 1% but maybe top 10-20%) engineer would make in big tech. 83/hr, obviously this is skewed higher due to response bias, just think about the type of person who would go on level. However, with Optiver you know what you are getting. View community ranking In the Top 5% of largest communities on Reddit. Open menu Open navigation Go to Reddit Home. The average additional pay is $32K per year, which could include cash bonus, stock, commission, profit sharing or tips. ahaha they apply pay very highly and most of them are in fintech which is a field I would love to get into. DRW employees As of January 2025, the average annual salary for employees at Drw in the United States is $82,656. A subreddit for the quantitative finance: discussions, resources and research. Please only post an offer if you're including hard numbers, but feel free to use a throwaway account if you're concerned about anonymity. I used to get House-physician job ( $65/hr) and ER physician job ($75/hr , in holidays rate went to double $150/hr) . The median yearly compensation in United States package totals $230K. Hi everybody, I just received the request to schedule a technical interview with DRW after their codility OA. Conversely, the lowest-paid position is Administrative Assistant, earning around $53,117 annually. Salary really does depend on the speciality, location, and to a lesser extent, experience. I was curious as to how much total comp is on average for a first or second year junior quant trader. Levels. They have talent development down to a tee. The same reason result in all physicians and surgeons having an median of 208k with BLS data. Edit: to add on, they also say “We encourage you to move quickly and skip problems you find I am trying to find those big paying jobs at minimum 100k+ salary but they seem very rare. There’s about 1350 podiatry residents making 45k-60k bringing down the averages. The estimated total pay range for a Trader at DRW is $199K–$321K per year, which includes base salary and additional pay. Engage in discussions with verified DRW employees The average DRW hourly pay ranges from approximately $36 per hour (estimate) for a Sales Associate to $80 per hour (estimate) for a Quantitative Trader Intern. I looked online and the base salary estimates range from $10k to $75k. BLS takes residents salary into the equation bringing the number down. New comments cannot be posted and votes cannot be cast. Plus located in NYC. I added also some firms. interior design scene seems fresh and interesting except for some specific products, price for groceries seems close to what we have here rn. Going union now would cut me out of that per diem and also a 2 dollar pay cut an hour for a total of 12 an hour. A few reasons why you might want to choose Amazon though: WLB - not 100% sure on this one, but I’ve heard trading firms can be quite rough in comparison to FAANG-esque firms. Medscape report is not readily available unless someone who pays for it shares it with you. The average Trader base salary at DRW is $175K per year. Internship Question Could anyone provide some insight as to what's on this? thanks intern salary check! 2024 Some of these firms even pay 150k prorated for INTERNS, so it makes sense that the base salary would be higher than that. Anyone have actual Get tips and advice on DRW interviews, offers, culture, compensation and more. The average additional pay is $76K per year, which could include cash bonus, stock, commission, profit sharing or tips. I never seen a Two Sigma offer above 150k base for new grads. For example, on JS website the base pay for QT/QR NG is 300k while 250k for SWE. Curious about how Chicago trading firms at the tier of Optiver, IMC, and DRW, etc compare to Facebook/Google and other high-paying tech firms in SF or NY for software. my wife does employment contracts so I've seen plenty of salary offers and, also, keep in mind that most of these positions are a garunteed salary for 2 years and then RVU based (so if you work 2 days a week and only see 15 patients a day, you'll be poor but if you work 6 days a week and see 35 patients a day you'll be rich) Hi. IMC might be chiller. 📩 Senior Account Manager at 🏢 FETCH. I had found past AMA’s to be useful so figured I would do one given my experience. PhD quant here. I have OA for DRW in 3 days. WLB is meh, I think ~60 hours a week. Friday will be the thread for people with more experience. What To those who say HCOL salaries aren’t a lot because everything’s expensive: my first year in downtown Seattle as a new grad SDE. Also, 200k base salary is very high. I have not heard anything for DRW as well Did the OA 3 weeks ago. All the remaining monies owed are then pooled together and twice a year I do a owners draw I think ER Physicians are blue -collar worker, supposed to get higher salary than any physician . However, the cynic in me would like to dig deeper and find out the finer details of the field . Is it Hello, there! I just saw the post "Significant Quant employers" and thought that it was time to update it since the topic interest everyone and is dead and not being updated. IMC Besides, if you're a good SWE and trading doesn't work for you, you could transfer to a SWE role within DRW, or work in a more hybrid SWE/trader role as there are desks that have that. get reddit premium. Normal engineering SMEs stay at ard $1k-1. How much of that is the signing bonus? They've been upping offers recently since they've been losing lots of candidates to competitors. Other firms such as Optiver and IMC have raised base salaries I believe from ~110k 4-5 years ago to ~200-250k now. The “Most Likely Range” reflects values within the 25th and 75th percentile of all pay data available for this role. I got some red flags in the interview about it being a feature grind. 2k+. Sole Proprietorship Paycheck/Salary vs Draw I recently took (buying out an existing out of state company) over a company and wanted some opinions on how I should work my pay out. This translates to an approximate hourly wage of $40. Title: Software Engineer Tenure length: New Grad Location: Chicago Get app Get the Reddit app Log In Log in to Reddit. . Don't get me wrong, I'd love to be union but the pay is what holds me back at the moment. The mean pay for all data points is $40. Don't know DRW, can't comment on ehhh. DRW's salary ranges from $119,400 in total compensation per year for a Human Resources at the low-end to $437,175 for a Hardware Engineer at the high-end. I have a SRW and I have to pay attention to what I’m carrying but I’d really rather not have to drive a dually everywhere. Trading and Jan 6, 2025 · The average DRW salary ranges from approximately £51,889 per year (estimate) for a Desktop Systems Engineer to £225,000 per year (estimate) for a Quantitative Researcher. DRW codility test . The average DRW salary ranges from approximately $43,691 per year (estimate) for a Grains Clerk to $435,306 per year (estimate) for a Chief Executive Officer (CEO). CSCareerQuestions protests in solidarity with the developers who made third party reddit apps Hi y'all, I'm applying for the software developer intern (summer 2023) at DRW. Salary: 💰$90,000 - $120,000. I was wondering what the questions were like and if there were any topics in particular to study (LinAlg, Prob, Calc, Stat Inference, etc) Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. fyi to post their internship salary. r/BESalary: A place for all discussion, questions and answers about salary and other work conditions as an employee in Belgium. I probably only got 50% of the questions correct, but these were more like "one concrete answer" compared to IMC/Optiver "how do you think". The average additional pay is $75K per year, which could include cash bonus, stock, commission, profit sharing or tips. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. The market is getting a bit tight and competitive. how do the Big-4/Unicorn/other tech companies in the Bay Area view a software engineer from DRW Trading? Do they consider DRW prestigious, or does hardly anyone know DRW, Spot, Optiver - 85-100k TMG - 65k + ~60k bonus SIG - 90k JSC, Five rings - 100k+ Flow - 85k + 50k+ bonus Bluefin - 70k Bonuses vary by firm and are tough to tell for entry level traders but based on what ive heard flow is 50k+, JSC, five rings are 25k+ and Spot, DRW and bluefin are < So, as of right now, $150k would be equivalent of about £120k salary, which I understand to be on the very high end of UK salaries with 20 year experience. Anyone know the rates and if it's worth View community ranking In the Top 1% of largest communities on Reddit. S. JS is also paying QT/QR more than QDs. 95k to 130k seems to be the current national range. there's more overlap in a back office quant role, but it's still not a big enough overlap to offset someone with the equivalent number of years in industry Salaries at Drw typically range from $72,518 to $94,084 annually, reflecting the diverse roles and experience levels within the company. I've been looking online about the interview process, but other than there will be a take-home test and perhaps an onsite (?), there is not much info available. This is the best answer so far. Has anybody been able to activate the OCBC 360 Salary Interest credit through Paynow? I tried it last month but it failed, I didn’t get my interest what would be my prospective salary in dubai with 20 years of experience in the field of medicine ? any answers are highly appreciated Archived post. in expectation, the ROI and opportunity cost with a PhD pales in comparison to a B. Get tips and advice on DRW interviews, offers, culture, compensation and more. Weekends are actual weekends, no work to take home when the market closes. Also I wouldn't say you are or are not worth it but you need to prove you are a valuable asset and deserve that pay. r/csMajors A chip A close button. The average Trader base salary at DRW is $75K per year. I think I saw someone said DRW is "notoriously slow" on this reddit. Unable to comment that much about the comp. The estimated total pay range for a Trading Analyst at DRW is $113K–$186K per year, which includes base salary and additional pay. Has anyone taken the DRW codility? How was the difficulty? Skip to main content. I took DRW’s codility for SDE over the weekend and was invited to take a “45-minute challenge”. 📍Remote job in 🇺🇸 United States Depends on the firm. I added a new Category (Crowdsourced / decentralized) and kept the same categorization. tbf I know optiver pays quite a bit more now than they did 1-2 years ago; maybe imc does too. Explore this page further for more salary and benefits information at Drw. It also says the total comp after commission is on average more than $150k/year. Get the Reddit app Scan this QR code to download the app now. DRW's phone round was again very difficult for me. I googled and found some internal documents that said these agents make between 1-1. Currently at ~40ish I don't really pay attention it's salary. They expect 12 hour working days as a standard, though not often longer than that. DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. Nevermind smaller shops like Radix and Rentech that will pay even more (negligible headcount). I recently applied to DRW for quant trading and just received a 45 minute math test. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. Global Macro Fund / Associate PM w. Worklife balance; you've seen the pay. For example, you could join a pod where the Depend on industry. 5% per house, and th average sales price is The BLS average is 158k and the median is 149k. I got an email this morning notifying that I was selected for a 45min technical interview. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; r/cscareerquestions and even r/cscareerquestionsEU really talk up the career and only see to mention the people who make insane incomes ($2 million+), and by spending time on there one would think that as a quant you'll be making that kind of a salary practically as a guarantee. If I just cut myself a check twice a month I will get hit with all the taxes come April time. i dont think optiver, imc, or drw pay 300k for new grad swes (maybe Fwiw, 10 trading firms that fit the bill above: JS, HRT, Cit, Optiver, SIG, DRW, 5rings, IMC, DE Shaw, Arrowstreet. Glassdoor salaries are powered by our proprietary pay in nzl seems more than decent more than in France at least. FAANG is great, but not as high paying as trading firms in the UK. Skip to main content. academic research != quant research and there are very few things that overlap. DRW, imo. fyi collects anonymous and verified salaries from current I know both IMC/DRW has the same pay for QT/QR for NG, and Cit Sec is paying more for QRs than QDs. A Reddit dedicated to anyone interested in RVing. Databricks vs DRW. At Drw, a Corporate Counsel is among the highest earners, with an average salary of approximately $189,088 per year. cscareers Did anyone did the superday of DRW swe intern 2025? Normally, it's around $250k first year. Final rounds were all in the office. DRW, Spot, Optiver - 85-100k TMG - 65k + ~60k bonus SIG - 90k JSC, Five rings - 100k+ Flow - 85k + 50k+ bonus Bluefin - 70k Bonuses vary by firm and are tough to tell for entry level traders but based on what ive heard flow is 50k+, JSC, five rings are 25k+ and Spot, DRW and bluefin are < 25k The estimated total pay range for a Trader at DRW is $199K–$321K per year, which includes base salary and additional pay. that’s all they said!! Ahhh! any1 know what type of questions expect? Math or LC type or something else? Not sure what to think really. Here is a link to Doximity report, which isn't as good as Medscape. Salaries at Drw typically range DRW's salary ranges from $119,400 in total compensation per year for a Human Resources at the low-end to $437,175 for a Hardware Engineer at the high-end. They are assholes. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. But so was surgery. That's a big difference. The average DRW hourly pay ranges from approximately $36 per hour (estimate) for a Sales Associate to $80 per hour (estimate) for a Quantitative Trader Intern . I think Imc pay isn’t the very best though. Options trader at a major proprietary trading/options market maker in Chicago, AMA. Normal govt companies like LTA/BCA pay $1. DRW is largely a manual-trader shop, not very generous to individual contributors (CS background especially). Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Dubai: Emirates employees to get 24-week salary bonus as company records highest-ever profit, say sources khaleejtimes. This can be somewhat verified by looking at the job postings of NY firms as they are by law required to include the base salaries. Semi cond paying 1. Highest I’ve heard of is like 550 ish but that was with aggressive negotiating and several competing offers for a very strong candidate. View community ranking In the Top 1% of largest communities on Reddit. I’ll try to answer questions about options trading, pay, work life balance, manual vs automated trading, any other questions feel free to Also, 200k base salary is very high. With that said podiatry comp has a lot of variety. housing situation seems tigh but very similar to the city where we're living rn so with a better pay i think we'll be doing fine View community ranking In the Top 1% of largest communities on Reddit [UNOFFICIAL] Salary Sharing thread for NEW GRADS :: December, 2019 . true. Anecdotally I hear that this is a fairly reasonable compensation structure but I wanted to double check with other folks in the industry. You have to View community ranking In the Top 1% of largest communities on Reddit. If you compare salary by experience/position/impact then JPM doesn't even get close to most of the places named here (some are very close/at your number for new grads while JPM pays 50+- for new grads). Salary: NZD 65k - 70k range Relocation/Signing Bonus: N/A Stock and/or recurring bonuses: 4-6% of 54 votes, 26 comments. r/BESalary A chip A close button. 2k. It’s a Glassdoor reviews are surprisingly solid, and the pay the recruiter has been talking about is very high. This thread is for sharing recent new grad offers you've gotten or current salaries for new grads (< 2 years' experience). Local 220 or Non union DOL . DRW reached out for SWE roles in Chicago/Houston. Expand user menu Open settings menu. I could barely finish before time, 10 mins or so, mainly because of the playing cards question. But likely not fully comparable - the UK and US are two very different countries. Have been here for a year, like the work and the people. Get app Get the Reddit app Log In Log in to Reddit. So it's normal for a certain position at those firms. Sliding scale dependent on Sharpe ratio Hedge funds usually pay a fixed % (~20-30%). ~50 of their 1100 employees made 1M+ variable comp (bonus) which I think is a little low. 11 votes, 17 comments. fyi collects anonymous and verified salaries from current Get an ad-free experience with special benefits, and directly support Reddit. Recruiter for DRW says they can pay 350k+ If I do decide to interview I should put off finding a new place and signing a lease. Chicago Trading Firms vs Big Tech . But it certainly isn't the norm for new grads to be working at these firms. Note This thread is for sharing recent new grad offers you've gotten or current salaries for new grads DRW. Is it treated the same for taxes if I take out funds from the LLC and call it Owner Draw versus calling it Salary? I'm thinking of becoming a new home sales consultant for Lennar. If it is a very competitive companies where FCH Students aspire to enter then they will pay you very well like 2k+. Is it cool? Yes. rftjx uwwcif fkwu rjjz reietp spflj irgpg ygbqcj erwh okeoq
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