Citadel · Primly Community

Citadel account executive / sales interview: what to expect when you're not a quant

ae_andre · 3 replies

citadel doesn't really post standard AE/sales roles publicly very often. i found mine through a recruiter who pinged me about their securities division. just in case someone else ends up in the same situation, here's how it went.

the role was institutional sales, covering existing relationships with hedge fund and asset manager clients. not a typical SaaS AE gig. very different.

recruiter screen: asked about my background in financial services sales, specific client types i'd worked with, and whether i understood basic derivatives concepts. that last one caught me off guard. they asked me to explain what a swap is at a high level. i knew enough to get through it but i'd study up if you don't.

first interview (director level): this was half about my sales background and half about financial markets. they wanted to know: how do i build trust with sophisticated institutional clients, how do i handle a client who's unhappy with execution quality, how do i prioritize across a book of accounts. i gave concrete examples from past roles. they pushed hard on specifics: what was the ARR, how long was the sales cycle, how did you handle competitive threats.

one thing i wasn't prepared for: they asked me to describe a current macroeconomic theme i was watching and how it might affect the client relationships i'd manage. they weren't expecting me to be a quant but they did expect me to follow markets seriously.

second interview (peer-level, two current sales people): casual but sharp. they were testing whether i'd fit culturally and whether i actually understood their business. felt more like a conversation than an evaluation but i'm sure they were scoring it.

final round: presentation. given a client profile, outline how i'd grow the relationship over 12 months. i had 48 hours to prep. presented to four people including a managing director.

compensation: institutional sales comp is structured differently from SaaS. base around $180k, but the bonus structure is much more significant. total comp for strong performers is reportedly in the $400-600k range but heavily performance-dependent. they were transparent about this: the base is comfortable, the upside is real but you earn it.

bottom line: if you don't have financial services background, the gap is real. it's not impossible to bridge but the learning curve is steep and they have candidates who already have it. if you do have FS sales experience, this is a very competitive comp package.

3 replies

finance_faye

the macro question is smart screening. they don't want someone who just learned what a swap is for the interview. they want someone who actually reads the tape and can hold a conversation with clients who do this all day.

sdr_sky

coming from a pure SaaS background, is this even realistic to target without FS experience? or would i need a step in between first?

ae_andre

honestly, probably a step in between. or some kind of bridge: series 7, a role at a broker-dealer, something that gives you client-facing FS exposure. the products are too specific and the clients are too sophisticated to fake your way through. that said, if you already know markets and come from a finance adjacent role, maybe.