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I have 2 offers, one from JPMC ( LOB IS Consumer and Community Banking) and the other from Wells Fargo. Both are giving similar roles, and exactly same pay. Location is Hyderabad. I tried for revision of pay but it didn't work.
Could anyone help me understand which one is better to join in terms of hikes, technology used and work life balance. I have to join on Tuesday, 16 Aug.
YoE - 16, Tech stack - Java Microservices
JPMorgan Chase Wells Fargo
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C1 - An AP likely isn’t leaving for an investment role... Nobody is looking for a 50% pay cut going TO Citade
Plenty more.
Can you quantify a bit
What would an AP from McKinsey due at a firm like citadel? And may I ask what your background at McK is?
Considering moving to buy side (HF, PE, or the “less sexy” asset management / mutual fund) down the road from BCG but unsure how to go about making that jump
COO team, perhaps even deputy COO for one of the BUs.
My one data point: rockstar minimum tenure MBA P1/AP1. 550-650 with some Machiavellian upside.
Doesn’t matter if you’re an AP or an associate. With no buyside experience you’ll start as an associate, maybe senior associate. Base is around 150-175, with most of the comp coming from bonus. It can be 0 or a lot more, depends purely on performance of the book. I’d assume they try to target 100% bonus.
Highly doubt going from McK TO one of the largest hedge funds would result in any pay cut at all. If the book performs, likely way more lucrative. But then again, Citadel is the revolving door of Chicago so people don’t stay long