Currently working in FAANG as a Data Engineer, got headhunted and received 2 offers. Both roles are London based therefore tempted to swap over (given growth and London compensation in FAANG is not great vs US).
Offer 1: BB (think GS/JPM/MS), Data Engineer role (Associate). The domain area is not really 'finance' (e.g. FX, Options etc) but is interesting enough for me. I think it is middle office.
Offer 2: 'Top 10' PE fund (>$30bn), Senior Data Engineer role. Work seems more varied, probably higher impact / seems more 'front office' as the insights could lead to acquisitions etc.
(Offer 3: Another FAANG, Data Engineer role -- not keen on this option as it seems more of the same).
Base compensation at both is roughly equivalent (not sure about bonus, it is discretionary in both cases). Both roles are the 'first technical person in the team' with a clear path upwards.
Both use the same technical skillset so have roughly equivalent growth from that perspective.
The BB has an advantage of brand name, and relocation to US opportunities longer term. Given this is my first role "out of tech" it may be a good option. I don't plan to leave London long term, but 1-2 years abroad would be nice or even bi-annual trips (which is on offer).
The PE firm has an advantage of the manager being ex-FAANG and PE being pretty backwards with tech so I could quickly add a lot of value here.
I'm happy with my life and job area in general with no plans to do anything else (i.e. move out of Data Engineering) in the future. My goal is to work hard, move up, make good comp and live a comfortable life.