My turn is soon over here. I had a few good years, the right place at the right time, with a decent kitchen.
2018 was a record year, bonuses were almost flat, so management could pay themselves higher.
2019 was chaos. Profits were down dramatically.
Greedy mismanagement, no clear direction. The entire firm is just a copy + paste of Optiver strategies, which can only take you so far. No new ideas, just iterating on the late 2000s.
The CEO spent half the year distracted by a fumbled deal, then fired the CTO and caused an exodus of senior developers (after some of the best senior traders and quants already left).
Management is generally absent. Across the board, there's a low understanding of modern technology. Probably not a single person in trader management could explain how to write a basic script, yet they try to call the shots for tech directions!
Read positive reviews on Glassdoor with salt – many have the very obvious stink of HR flavors.
Lose the ego. You are not well respected among staff. Pay people for their performance in good years or lose the best contributors.
You get a technical OA, which I'm guessing is automatic. This is followed by interview rounds, leading to a fly-out to Chicago for an in-person interview, presumably whiteboard style. However, I didn't make it to the in-person stage.
The technical interview process was not too difficult. I was able to get the coding questions done, and the multiple-choice questions weren't too hard. However, it was tough to produce efficient solutions within the allotted time.
Bad experience. Two rounds of online assessments (OA), each with 10-12 multiple-choice questions (MCQs) and 2-3 LeetCode-style coding questions. You will only advance to round 2 if you pass the initial round. Pretty sure I passed both rounds, but I
You get a technical OA, which I'm guessing is automatic. This is followed by interview rounds, leading to a fly-out to Chicago for an in-person interview, presumably whiteboard style. However, I didn't make it to the in-person stage.
The technical interview process was not too difficult. I was able to get the coding questions done, and the multiple-choice questions weren't too hard. However, it was tough to produce efficient solutions within the allotted time.
Bad experience. Two rounds of online assessments (OA), each with 10-12 multiple-choice questions (MCQs) and 2-3 LeetCode-style coding questions. You will only advance to round 2 if you pass the initial round. Pretty sure I passed both rounds, but I