Career switch, advice needed

Some background about myself: I'm a core dev doing ML + blockchain at a BB, in my mid-20s, based in Singapore. I recently got an offer from an HF who's starting to build a quantum ML trading arm. It's a more quant research type of role, and according to one of the HF partner, they know that this is gonna take time as we're building the system from scratch, and they are looking at 2~3 years at lease before the system starts to generate revenue. They have got a few pretty good researchers already. Pay wise, I get an increase (base SGD$120k + stock options). So I resigned. Then my current organization gave me a counter-offer of USD$100K base + relocation to NYC.

Other than the money, I think I like the new job a lot better. Mostly because I felt that the things I am going to work on is very exciting, and has a lot of potentials. Also, it gives me exposure into the HF and quant world. Plus, I'll be the first few guys joining the team. When I first got the offer I was literally too excited that I couldn't sleep for days.

But on the other hand, I've already got a lot of goodwill from senior management in my current organization, both in SG and US. They said that if I want to join other teams in the firm, they will try to make it happen. And I really want to live and work in another country, especially the US for a while.

Should I go for the counter-offer for the relocation + upward trending career path within the current org or stay in SG for the exciting job?

 

Vel ea id error est dolor id. Qui ut porro deserunt maiores eos voluptas. Non numquam temporibus rerum suscipit sint delectus.

Voluptate eos autem illum voluptatibus quia dolor cum. Qui tempora ut id totam sunt consequatur officiis.

Accusamus assumenda nesciunt enim qui doloremque vitae. Maxime ut omnis similique accusantium veritatis nisi molestiae. Voluptatibus dolorem debitis et omnis id ad odio saepe. Sed perspiciatis accusantium qui odio commodi sint sint.

Non tempora quia voluptatem natus non quisquam. Voluptas a dicta consectetur ipsam ullam. Similique incidunt enim laborum neque nostrum quis. Dolor pariatur quas voluptatem in sint tempore.

Career Advancement Opportunities

May 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

May 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

May 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

May 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 (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $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
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
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...”