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I had a very similar experience. I work at an investment bank and was recruited by a large company that does proprietary trading including high frequency tradi
by 300bps 13y ago
I had a very similar experience. I work at an investment bank and was recruited by a large company that does proprietary trading including high frequency trading. I went for the interview which was scheduled to be an all-day thing.
In addition to having been in IT for a very long time I am also very knowledgeable on capital markets having successfully taken CFA (Chartered Financial Analyst) tests. The CFO of the company that interviewed me was shocked that someone in IT passed those tests. The IT people, it was all algorithms and programming minutia. After the interview, they strung me along for weeks and then I just stopped calling them to check up on status and they stopped calling me. Then they would call me every few months asking me to interview again. I finally asked them to stop calling me.
The reason I bring this up is because I think sometimes candidates are excellent candidates for a $100,000 to $150,000 salary position. The only problem is the candidate is already making $250,000 and the prospective employer knows it after you fill out the application. I may be just thinking this to make myself feel better but I just thought the issue with the company was that I made too much. I probably would've had to literally walk on water and bring their dead relatives back to life to justify what they would've had to pay me to steal me from my current company.
Maybe that's the problem Google had with you?
- ryandrake 13y agoHonest question, I'm really curious. If you're actually making $250,000 why would you want to work anywhere else?
- yazmeya 13y agoPlenty of such jobs are mind-numbing, soul-crushing and lead nowhere.
- 300bps 13y agoI went on the subject interview two years ago when I was at the 4 year mark of my current employer. The reason I was looking is because my current employer was being acquired and all of us received a letter stating, "We will tell you in x months whether you have a job or not." It turned out about 80% of my coworkers got laid off but I did not. But I didn't know it was going to turn out that way at the time. I'm not interviewing now, but honestly they're just trying to figure out a way to cut me out of the picture without torpedoing the business I support. Eventually they'll find a way though realistically it's another year away. I have one fall back company I can go to in a snap at equal pay and I do side consulting about 15-20 hours per week so I'm not worried enough at this point to be interviewing.
- justincormack 13y agoThe OP has answered but there are shitty $250k jobs too.
- jps359 13y agoI personally have a background unrelated to finance but have a pretty decent tech/math background. Do you have any suggestions on good entry points into the finance sector, or any advice regarding enrolling in the CFA program/preparing for the examinations?
- 300bps 13y agoThere's a website called AnalystForum that is very helpful - they can get you started on going for the CFA charter. For Level 1, use Schweser. For Level 2, use Schweser + CFA books. For Level 3, you'll know what you're doing and what works best for you. The tests are the hardest thing you'll ever do. With little finance background, expect to study about 400 hours for each test and be aware that each test has a 30%-40% pass rate depending on the year it's given.
- Snoptic 13y ago$250K total comp is not going to scare off any hiring manager looking for a median seniority engineer at Google. Competitive, yes, but not doorslamming.