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I think you would have to target the scope even smalller to particular areas of finance probably quant or trading within a hedge fund. The majority of jobs at a
by RyanHamilton 2y ago
I think you would have to target the scope even smalller to particular areas of finance probably quant or trading within a hedge fund. The majority of jobs at a large bank are mostly fixed salary with limited bonus. There are many jobs that are essential but don't capture a percentage of the value they generate. For example processing transactions is essential for a bank but typically doesn't pay large bonuses in that area.
- skyyler 2y ago>There are many jobs that are essential but don't capture a percentage of the value they generate. Isn't that strange?
- RyanHamilton 2y agoUnfortunately not. Nurses, doctors, bin men, car mechanics, plumbers can all be essential at times but rarely pay large bonuses.
- fooker 2y agoIt's the scale. One important blue collar worker can help a limited number of people at a time, usually one. One line of code can affect what billions of people are doing.
- fooker 2y agoLarge banks can pay very well for the right software role, but there's so much more nepotism than big tech that it's pretty much impossible to land these unless you have a godfather in the industry AND you are a recognized prodigy.