i*******1 发帖数: 14 | 1 got a verbal offer of a modeling position from the asset management group of
one of the tier 1 banks in NYC. Base around 120K and bonus around 50%~100%
(performance based,not guaranteed), title senior associate. Have about 4 yrs
industry experience and a Ph.D.
Questions that I have is:
1. Base seems a bit low especially under the current circumstances where
banks are pressured on the bonus issue and trying to adjust the compensation
ratio. But was told this is not happening to the group
2. I was |
w*****n 发帖数: 299 | 2 I think it's a very generous offer based on the information you gave |
d*j 发帖数: 13780 | 3 you get 4 years experience as a quant?
now a senior associate ? .......
at least a VP ba, but anyway, the title does not matter |
b******u 发帖数: 162 | 4 if your 4 years exp is just IT, then the offer is good enough. Your title
depends on prev title. no way to give you vp if you are currently associate |
n****e 发帖数: 2401 | 5 I have a friend over there. As to green card, initially he was asked to wait
until the second 3 years H1b starts. After waiting for about 4 years (1y
OPT + 3y H1b), the company doesn't want to start green card because of
financial crisis. He now has no card, and is heading no where, began to
dream of starting a coffee shop in china.
of
%
yrs
compensation
that'
【在 i*******1 的大作中提到】 : got a verbal offer of a modeling position from the asset management group of : one of the tier 1 banks in NYC. Base around 120K and bonus around 50%~100% : (performance based,not guaranteed), title senior associate. Have about 4 yrs : industry experience and a Ph.D. : Questions that I have is: : 1. Base seems a bit low especially under the current circumstances where : banks are pressured on the bonus issue and trying to adjust the compensation : ratio. But was told this is not happening to the group : 2. I was
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j******n 发帖数: 271 | 6 which shop? condemn it.
wait
(1y
【在 n****e 的大作中提到】 : I have a friend over there. As to green card, initially he was asked to wait : until the second 3 years H1b starts. After waiting for about 4 years (1y : OPT + 3y H1b), the company doesn't want to start green card because of : financial crisis. He now has no card, and is heading no where, began to : dream of starting a coffee shop in china. : : of : % : yrs : compensation
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p****u 发帖数: 2596 | 7 GS, where VP is under MD.
【在 j******n 的大作中提到】 : which shop? condemn it. : : wait : (1y
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i*******1 发帖数: 14 | 8 What if my background is not IT but something fairly relevant to this future
role? How would that affect the expectation here?
associate
【在 b******u 的大作中提到】 : if your 4 years exp is just IT, then the offer is good enough. Your title : depends on prev title. no way to give you vp if you are currently associate
|
i*******1 发帖数: 14 | 9 This is in fact one of my biggest concerns. If I opt for this opportunity,
that means I'm ditching my greencard process which is about half way through
. Although I like this new role, but job security is really a big concern to
me especially under current market conditions. Really want to hear more
real world stories on this.
wait
【在 n****e 的大作中提到】 : I have a friend over there. As to green card, initially he was asked to wait : until the second 3 years H1b starts. After waiting for about 4 years (1y : OPT + 3y H1b), the company doesn't want to start green card because of : financial crisis. He now has no card, and is heading no where, began to : dream of starting a coffee shop in china. : : of : % : yrs : compensation
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d*j 发帖数: 13780 | |
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d*j 发帖数: 13780 | 11 when I interview with GS, I do see a lot of old VP, but they also have a lot
of young VP.
I know people like fresh PhD + sth like 1Y work exp as quant, they get into
BOA/DB/Citi as AVP or VP ....... |
g**e 发帖数: 6127 | 12 一个非常年轻hot的俄罗斯女vp面过我……被默剧
lot
into
【在 d*j 的大作中提到】 : when I interview with GS, I do see a lot of old VP, but they also have a lot : of young VP. : I know people like fresh PhD + sth like 1Y work exp as quant, they get into : BOA/DB/Citi as AVP or VP .......
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c**********e 发帖数: 2007 | 13 Get your GC first!
through
to
【在 i*******1 的大作中提到】 : This is in fact one of my biggest concerns. If I opt for this opportunity, : that means I'm ditching my greencard process which is about half way through : . Although I like this new role, but job security is really a big concern to : me especially under current market conditions. Really want to hear more : real world stories on this. : : wait
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p*****y 发帖数: 529 | 14 GS and JPM have tougher VP criterias. GS is the hardest on the street, I
think. For all other banks, VP title is negotiable, at least, you can try.
Citi is very bad at green card process. Avoid it if you don't have GC.
btw: AVP is nothing but senior associates. |
n****e 发帖数: 2401 | 15 8500 VPs in 38500 employees in GS.
【在 p*****y 的大作中提到】 : GS and JPM have tougher VP criterias. GS is the hardest on the street, I : think. For all other banks, VP title is negotiable, at least, you can try. : Citi is very bad at green card process. Avoid it if you don't have GC. : btw: AVP is nothing but senior associates.
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d*******r 发帖数: 3875 | 16 VP is just below MD ? must be kidding me. There is a tier in between, either
called Director or Principal depending on the shop. |
t**********a 发帖数: 166 | 17 GS doesn't have ED level a few years ago, but now they have |
y*********8 发帖数: 3 | 18 要你签 non-compete 吗?多长?
of
%
yrs
compensation
that'
【在 i*******1 的大作中提到】 : got a verbal offer of a modeling position from the asset management group of : one of the tier 1 banks in NYC. Base around 120K and bonus around 50%~100% : (performance based,not guaranteed), title senior associate. Have about 4 yrs : industry experience and a Ph.D. : Questions that I have is: : 1. Base seems a bit low especially under the current circumstances where : banks are pressured on the bonus issue and trying to adjust the compensation : ratio. But was told this is not happening to the group : 2. I was
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i*******1 发帖数: 14 | 19 don't know yet, once the official letter comes will know
【在 y*********8 的大作中提到】 : 要你签 non-compete 吗?多长? : : of : % : yrs : compensation : that'
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s**a 发帖数: 178 | 20 GS internally只有VP和MD title, 只有在亚洲,高盛的VP在名片上印的是Executive
Director,不然客户根本不理
【在 t**********a 的大作中提到】 : GS doesn't have ED level a few years ago, but now they have
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s**a 发帖数: 178 | 21 如果你有其他的offer, GS通常是可以match的,如果没有,很难negotiate. 120k的
base有些低,他们今年年初涨过base了,2nd year associate的base应该在140k-160k,
VP的话200k-400k
of
%
yrs
compensation
that'
【在 i*******1 的大作中提到】 : got a verbal offer of a modeling position from the asset management group of : one of the tier 1 banks in NYC. Base around 120K and bonus around 50%~100% : (performance based,not guaranteed), title senior associate. Have about 4 yrs : industry experience and a Ph.D. : Questions that I have is: : 1. Base seems a bit low especially under the current circumstances where : banks are pressured on the bonus issue and trying to adjust the compensation : ratio. But was told this is not happening to the group : 2. I was
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i*******1 发帖数: 14 | 22 Thanks. This is very helpful!
160k,
【在 s**a 的大作中提到】 : 如果你有其他的offer, GS通常是可以match的,如果没有,很难negotiate. 120k的 : base有些低,他们今年年初涨过base了,2nd year associate的base应该在140k-160k, : VP的话200k-400k : : of : % : yrs : compensation : that'
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