4 ms·

> Does a tech MD at an investment bank really get a seven figure compensation? Some desks make more of less, but why wouldn't they? MD's at Goldman used to eve

• decafninja 5y ago
  I was referring to tech as in general SWEs doing line of business work, etc. which would account for the majority of SWEs at banks. I would put stuff like quants and HFT at a bank in a more rarified, elite, niche - perhaps on a tier similar to the elite hedge funds like Citadel. They’re not what I would think of first when describing “tech at a bank/finance” though. But definitely would agree their prestige and compensation is much higher.
  • rkk3 5y ago
    > I was referring to tech as in general SWEs doing line of business work, etc. which would account for the majority of SWEs at banks. I wasn't on that side of the business & it was a long time ago... If they used the same level system as the front office, I would assume you would just have considerably less MD's and the pay would be at the lower end of the range but that would still put you at or close to 7 figures.