Are tech jobs at 🏦 (banks) chill?

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Apr 4 42 Comments

Thought this would be relevant here!

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TOP 42 Comments
  • Barclays PLC Lucifer9
    Depends on what is “Chill” according to you.
    My case I’m enjoying the crazy flexibility! 3-4 days WFH a week (No I don’t need to take PERMISSION/INFORM my manager). I’m happy with 125K base in NJ as long as I’m spending enough time with my family.
    Just my view.
    Apr 5 12
    • Northern Trust aspdotnet
      Is that just base or TC? I just accepted a job at a trading firm for 120 tc with 2 yoe. Chicago btw.
      Apr 5
    • Barclays PLC finra
      Also side note we should advertise the free arcade when recruiting and make sure you point out Simpsons Arcade is one the games. That's my jam
      Apr 5
    • Capital One ccRm36
      @Finra, you’re just talking about the new NJ office. The old Barclays Wilmington office is a grind (they are still doing all the work while you guys play pool).
      Apr 5
    • Barclays PLC finra
      @ccRm36 not for long
      Apr 5
    • American Express D.BCooper
      Yeah Friday is hard to get anyone working past 12.

      And you know the people to avoid who will give you work past 12pm.

      I have 3 days wfh, easy schedule, Amex is ultra slow at everything ( multiyear timeframes. One project I delivered took 4 years to get together).

      Downside is it is up to you to learn and stay on top of emerging tech. I am always in a class or reading a book

      Tc 150k, Phoenix.
      Apr 5
  • Capital One xNo
    It's chill. Work week is generally under 40 hours but if you want to grind I know people who do. TBH it is slow-paced and boring most of the time. Strict regulations, a lot of governance, redundant channels, bad change management are the root cause. Also at C1 with the cloud migration it is a free-for-all right now. So many teams working on the same stuff it is hard to stay motivated in your work, technology strategy is f'd at an enterprise level but this doesn't affect day-to-day work for devs. Since it's the wild west of tech transformation teams can choose whatever tech stack they want and everyone gravitates towards new and open-source stuff which is kind of cool, plus you have lots of downtime for learning what ever you want. Flex WFH & leave early without permission, it's just the culture + essentially infinite PTO as long as you don't abuse it. 2 YOE, 135k TC, DC Metro
    Apr 5 5
    • Wells Fargo / Eng ostrich1
      Our tech strategy is f'd. Our executives quit
      Apr 5
    • Northern Trust aspdotnet
      What's your location and base?
      Apr 5
    • Wells Fargo / Eng ostrich1
      120 in AZ
      Apr 5
    • Northern Trust aspdotnet
      Yoe?
      Apr 5
    • Wells Fargo / Eng ostrich1
      15
      Apr 5
  • Amazon TheAmazone
    I feel like the only bank that would treat their developers well is Capital One given their recent AWS push and aggressive engineering hiring
    Apr 4 3
    • BNY Mellon / R&D
      🐖ilton

      BNY Mellon R&D

      PRE
      Goldman Sachs, HP
      🐖iltonmore
      My employer treats devs surprisingly well. We don't use AWS, but we built our own.
      Apr 4
    • Amazon TheAmazone
      TIL! That's great to hear in case I ever make the move to NYC
      Apr 4
    • Capital One xBBY14
      Yup it’s pretty chill
      Apr 5
  • Barclays PLC finra
    The more senior you get at a tech bank role the less work you do. Fact
    Apr 5 2
    • Barclays PLC / Eng sscL38
      This is true. Manager in my team is always on a call till 4 pm. Wonder what they talk so much
      Apr 5
    • Barclays PLC finra
      Their plans for the weekend and how the kids are doing
      Apr 5
  • Expedia £€$
    Boring AFAIK.
    Apr 4 0
  • Chase / Other nghtmre
    Depends on the team. Friends in SF in dev says high turn over, older frameworks, not much career progression, below market comp. Hours are reg
    Apr 5 0
  • Northern Trust aspdotnet
    Chill and boring. If you're in an innovative team that's fine. If not you're not learning much and it will put your skills behind.
    Apr 5 0
  • BNY Mellon / R&D
    🐖ilton

    BNY Mellon R&D

    PRE
    Goldman Sachs, HP
    🐖iltonmore
    The amount of chill is strongly correlated to the amount of time until bonus season.
    Apr 4 0
  • BlackRock hccxxt
    It’s busy work where you learn nothing new but it still sucks the life out of you
    Apr 5 0
  • Goldman Sachs not_Lloyd
    marcus is chill-ish

    high growth is exciting tho
    Apr 5 3
    • Northern Trust aspdotnet
      Tc and yoe?
      Apr 5
    • Bloomberg ug4nfic
      +1 for TC
      Apr 5
    • Chase / Other nghtmre
      What’s the size of the team? SF or nyc?
      Apr 5
  • This comment was deleted by original commenter.

    • Amazon bdFvoU
      Less work more TC sign me up!
      Apr 4
  • US Bank MasterFlap
    My 2 cents: worked at practically every major bank and it’s all the same...boring, full of offshore dev + QA, little to no product management direction and a constant turnover of leadership.

    If you can navigate politics and manage an offshore team, there’s very little accountability and you can get by in chill mode.

    However...that can literally change overnight if a new “hot shot” hungry-to-make-a-name leader decides they want to work everyone to death on the new lamest and greatest.
    Apr 5 0
  • Barclays PLC finra
    Also I've literally worked my entire career in some bank doing tech so I know what I'm talking about. AMA
    Apr 5 0
  • Wells Fargo / Eng ostrich1
    Its 40 hrs but it is stressful due to the redundant paperwork and useless training. You don't do much current stuff. It will be tough for me to leave now.
    Apr 5 0
  • Morgan Stanley
    ggdjD17

    Morgan Stanley

    PRE
    Microsoft
    ggdjD17more
    It's slow
    Apr 5 0
  • Morgan Stanley / IT 145k
    The closer you are to front office the more money you make, and the more you gotta hustle. It can get pretty ridiculous at times.
    Apr 5 0
  • Uber bEUE45
    Same question for JP Morgan
    Apr 4 0