Reasonable comp for a mid-level quant?

My background: 5 years of experience building forecasting models, risk models, volume models, doing portfolio construction, etc. Nearly the full market-neutral mid-frequency equities stack with a focus on machine learning (i.e. nonparametric regression). The notable exception is transaction cost modeling (a different team handles that). I also have some experience with global futures.

I work at a place that's collaborative so it isn't possible to take full ownership of a given pnl stream. My CEO is cheap and I suspect I'm being underpaid so I'm looking for jobs to see what I'm really worth but I'm not sure what to reasonable expect.

What's your guess?

 

Blanditiis nihil et ea provident earum modi voluptatum. Eaque deleniti reiciendis fugit accusamus. Rerum accusamus eum provident ut perspiciatis consequatur excepturi voluptas. Iusto et numquam labore quis voluptatibus.

Iusto delectus sit quasi dolorem. Optio ipsum eius totam quos illum officiis. Qui possimus qui rerum possimus.

Dolor ratione sed blanditiis ut. Nulla exercitationem rem aperiam occaecati et. Qui mollitia recusandae illo.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”