Centiva Capital, LP · New York, New York
Case #I-200-24164-104250
In FY2024, Centiva Capital, LP sought H-1B sponsorship for a Senior Analyst in New York, New York at $200k per year, which is 74% above the prevailing wage of $115k. The case was certified in 16 days during the FY FY2024 cycle. This position is for continued employment.
| Case Number | I-200-24164-104250 |
| Case Status | Certified - Withdrawn |
| Visa Class | H-1B |
| Fiscal Year | FY 2024 |
| Employer | Centiva Capital, LP |
| Employer Location | New York, New York |
| Job Title | Senior Analyst |
| SOC Code | 13-209900 – Financial Specialists, All Other |
| Worksite | New York, New York |
| Annual Wage | $200k |
| Prevailing Wage | $115k |
| Wage Premium | +73.8% |
| Positions | 1 (0 new, 1 continued) |
| Job Title | Salary | Status | Date |
|---|---|---|---|
| Senior Trader | $250k | CERTIFIED | Jan 14, 2025 |
| Quantitative Developer | $165k | CERTIFIED | Jul 3, 2025 |
| Senior Product Controller | $180k | CERTIFIED | Jun 20, 2025 |
| Software Developer | $210k | CERTIFIED | Jun 2, 2025 |
| Quantitative Researcher | $150k | CERTIFIED | Apr 3, 2025 |
This Labor Condition Application (LCA) was filed by Centiva Capital, LP for the position of Senior Analyst in New York, New York. The offered annual salary is $200k, compared to the prevailing wage of $115k for this occupation and location. This represents a wage premium of +73.8% above the prevailing wage.
The LCA is the first step in the H-1B visa process. Employers must file an LCA with the Department of Labor certifying that they will pay the foreign worker at least the prevailing wage for the occupation in the area of intended employment. A certified LCA is required before the employer can file an H-1B petition with USCIS.
Case status: Certified - Withdrawn. This means the employer or their representative withdrew the application.
A Labor Condition Application (LCA) is a mandatory document that U.S. employers must file with the U.S. Department of Labor (DOL) before they can petition for a foreign worker under the H-1B, H-1B1, or E-3 visa categories. The LCA process was established under the Immigration and Nationality Act (INA) to protect both foreign and domestic workers by ensuring fair wages and working conditions.
When a U.S. company identifies a foreign national to fill a specialty occupation position, they must first obtain DOL certification through the LCA process before filing the H-1B petition (Form I-129) with U.S. Citizenship and Immigration Services (USCIS). In this case, Centiva Capital, LP filed LCA case number I-200-24164-104250 to sponsor a Senior Analyst position at their worksite in New York, New York. By filing this LCA, the employer attests to four key conditions: (1) paying the higher of the actual wage or prevailing wage, (2) providing working conditions that will not adversely affect other similarly employed workers, (3) no strike or lockout at the worksite, and (4) providing notice of the filing to the bargaining representative or posting notice at the worksite.
The DOL establishes four wage levels for each occupation and geographic area, representing the progression from entry-level to fully competent workers:
For this filing, the offered wage of $200k compares to the DOL prevailing wage of $115k for Financial Specialists, All Other positions in the New York, New York area. The positive wage premium of +73.8% indicates the employer is offering above the DOL-determined average for this occupation and location.
The prevailing wage is the average wage paid to similarly employed workers in a specific occupation in the area of intended employment. The DOL determines prevailing wages using data from the Occupational Employment and Wage Statistics (OEWS) survey conducted by the Bureau of Labor Statistics (BLS). Employers must pay H-1B workers the higher of the prevailing wage or the actual wage paid to other employees in similar positions at the company. This requirement is designed to prevent employers from using H-1B workers to undercut domestic wages.
A "Certified-Withdrawn" status means this LCA was initially certified by the DOL but was later withdrawn by the employer. This can happen for various reasons: the foreign worker may have declined the position, found employment elsewhere, the employer may have decided to refile with updated information, or business conditions may have changed. A withdrawal does not negatively affect the employer's ability to file future LCAs.
This LCA was received by the DOL on Jun 12, 2024 and a decision was rendered on Jun 28, 2024, a processing time of approximately 16 business days. The standard DOL processing time for LCA applications is 7 to 10 business days. This application took longer than the standard timeframe, which may indicate additional review was required.
The offered salary of $200k for this Senior Analyst position provides a data point for evaluating compensation trends in H-1B visa sponsorship. When reviewing H-1B salary data, consider that wages vary significantly based on geographic location, employer size, industry sector, and the worker's experience level. This position falls under SOC code 13-209900 (Financial Specialists, All Other), which standardizes how the Bureau of Labor Statistics classifies occupations across industries. Metropolitan areas like New York, San Francisco, and Seattle typically command higher salaries due to higher costs of living, while positions in smaller markets may offer lower nominal wages but comparable purchasing power.
The offered annual salary for this Senior Analyst position at Centiva Capital, LP is $200k. The Department of Labor prevailing wage for this occupation and location is $115k. The offered wage represents a +73.8% premium over the prevailing wage.
This H-1B filing is for a position located in New York, New York. The employing company, Centiva Capital, LP, is headquartered in New York, New York.
This Labor Condition Application is filed under the H-1B visa classification. The H-1B visa is designed for specialty occupation workers who possess at least a bachelor's degree or equivalent in a specific field related to the job.
The employer for this filing is Centiva Capital, LP, located in New York, New York. Centiva Capital, LP filed this Labor Condition Application (case number I-200-24164-104250) for a Senior Analyst position during fiscal year FY 2024. View all Centiva Capital, LP H-1B filings.
Certified-Withdrawn means this LCA was initially certified by the DOL but was subsequently withdrawn by the employer or their authorized representative.