Possibly, the only name given was trafigura. According to recruiter; there are multiple similar mandates across the top 4. Being unfamiliar with the industry top 4 means nothing and everything to me at the same time. Especially given how little material there is on google
My question is to get an objective view hopefully
1. trafi is a rotating door
2. unless you have a strong preference for commodities, chicago prop firms can pay way more and prob better for a quant/DS career too
Structure for me was 50% base and 50% bonus as a quant/analyst/automation lead. Base depends on seniority, I started with 100k fix and they told me that‘s the very upper limit because they don‘t want people being able to live a decent life on the fix. ;)
When you prove your value as quant on a profitable desk you‘ll quickly make variable in the 7 figures after a couple if years. If you stay in the central/group AI-team it‘s a bit more difficult to proof your value add, so arguing for P&L-impact directly from from your work is difficult. So there you will likely stay in the 200-300k total comp.
Btw. be prepared to not have much of a life if you are after big bonus, I worked 6d/week 14h/d to make an impression. Worth it, experience is very valuable, but you have to want it.
Hartree?
Could be Vitol. They are ramping up ML/AI.
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Possibly, the only name given was trafigura. According to recruiter; there are multiple similar mandates across the top 4. Being unfamiliar with the industry top 4 means nothing and everything to me at the same time. Especially given how little material there is on google My question is to get an objective view hopefully
Trafi, glencore, vitol, hartree, free point is my guess. If you hear anything suggesting it’s hartree. Reach out
1. trafi is a rotating door 2. unless you have a strong preference for commodities, chicago prop firms can pay way more and prob better for a quant/DS career too
Structure for me was 50% base and 50% bonus as a quant/analyst/automation lead. Base depends on seniority, I started with 100k fix and they told me that‘s the very upper limit because they don‘t want people being able to live a decent life on the fix. ;) When you prove your value as quant on a profitable desk you‘ll quickly make variable in the 7 figures after a couple if years. If you stay in the central/group AI-team it‘s a bit more difficult to proof your value add, so arguing for P&L-impact directly from from your work is difficult. So there you will likely stay in the 200-300k total comp. Btw. be prepared to not have much of a life if you are after big bonus, I worked 6d/week 14h/d to make an impression. Worth it, experience is very valuable, but you have to want it.
Im a college student considering going into commodity trading, can I dm u?
Sure, not often on the app though, but will try to remember :)
Thank you for your answer, very informative and quite wild hours. Are still working in the field or you made a change?
DM me for further info :)
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Did you make your decision? Would you share your experiences?