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It really depends what "Wall Street" means to you. With big banks (my area), you're looking at market rate salary (~100-150k, junior-senior). Retirement+bonus c
by cityofdelusion 11y ago
It really depends what "Wall Street" means to you. With big banks (my area), you're looking at market rate salary (~100-150k, junior-senior). Retirement+bonus can push it up 25-30%, but that's not salary, of course. My company uses enterprise technology (IBM stuff, Natural, COBOL/Java, Oracle). I have mostly normal hours, open office plans, etc. Python has some traction going. Nothing new and exciting, tons of legacy code. I vary between back-end services and web dev. It is your average boring, corporate gig.
The other part of wall street, the hedge funds, can pay way higher (data analysis/quant stuff). Those spots are quite rare, plus pay is more tightly tied to company performance. Who you know is more important than what you know, if that's what you're aiming for.
- fiftyacorn 11y agothere is a lot of pressure for things not to go wrong, so the testing(unit and system) requirement can be higher. Timelines are normally longer too - due to this pressure and politics Banking/finance bonuses are also capped at 15-25% pa normally - so if the company does badly you dont get a bonus, but if it does well you dont get that much of a bonus in comparison to other areas of the business