Citadel Global Fixed Income in NY - Compensation, progression, success rate?

I'm considering a role in Citadel's Global Fixed Income Fund in NY. I spoke to a recruiter and am considering applying. I'd be coming on at the junior trader level, probably somewhere similar to where people 2-4 years out of BB S&T would join, but my background is prop trading. Does anybody know how much I can expect in compensation in the first few years, and then what the progression looks like afterwards. Obviously later years is very variable but I'd like to get some sense of how long it takes, what typical and reasonably high performer compensation is, and how many people are axed for poor performance/bad luck.
I'm just not sure if the job would be a major improvement over my current one, as I'm making $200-$400k now and working 40 hours a week, although my upside here is capped at around $1 million and the firm lacks prestige.

Any other insights on GFI culture, pay and overall experience would be appreciated.

1 Comments
 

Tempore vero illum nemo omnis quas voluptates maiores quidem. Numquam qui est explicabo et aspernatur saepe natus. Unde delectus nisi accusamus accusamus earum nobis quia. Incidunt ab qui nesciunt velit consequatur vel.

Rerum dolore nam eos. Beatae mollitia laborum repellendus quaerat. Doloremque et aut occaecati consequuntur praesentium earum sed aut. Nobis praesentium ab molestiae necessitatibus ipsa neque.

Accusamus dolor voluptas corporis. Similique ut laborum quos odit ea dolores unde. Excepturi facilis eos aut accusamus dolores.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”