How does pay work for traders this year at citadel securities?

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For those in risk taking roles (on the prop/MM side) it’s usually base plus a pre-negotiated cut of P&L. For a non risk taking role (e.g, someone in Citadel Execution Services/the agency side of the house) it’s a performance-based bonus instead

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P&L is not transparent to everyone (only to centralized functions like risk/compliance). Prop side has a huge range - can get anywhere from a big fat zero in a bad year followed by a likely capital reallocation or strategy unwind, to 7 figures on the total comp

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