From largest bank to large tech companies

Chase onlyitj
Feb 23 37 Comments

I have around 14 years of technology/software engineering experience working for mostly large banking and consulting firms. My total comp currently at 167k (base plus bonus, it's mainly all base) in Dallas Texas, working as Lead Solution Architect.

I am looking for opportunities in large tech companies like Google, Facebook, LinkedIn etc. For mainly Software Engineering Lead or Manager positions, since I was really impressed from some of the offers people are getting from these tech Giants specially in terms of RSU and Bonuses.

It looks like I can make anywhere from 1.5 to 2.5 million USD in stocks total over 8 years period, working in one of these tech giants; which will not be possible in these large banks as technologist.

Is this assumption right?

Note: I am a US Citizen, I have BS degree in Computer Engineering plus MBA, with 14 years of total technology experience. I am open to work anywhere in US.

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TOP 37 Comments
  • New Kula
    Posts like this make me incredibly sad. 167K is what a fresh grad makes at these companies 🙁. You have a lofty title like Vice President or Director and that’s that.
    Being a Techie SUCKS at banks
    Feb 23 9
    • New Kula
      Yes that’s what makes NYC worse , and that’s what these banks do
      Feb 23
    • Chase / Eng
      KGOa50

      Chase Eng

      PRE
      Morgan Stanley, Goldman Sachs
      KGOa50more
      Oof. Your TC is pretty close to me and I am in nyc. Grrrr. Assume you are 603?
      Feb 25
    • Chase onlypjay
      167k in Bay Area is equal to approximately 300k, which means I am earning 300k, cost of living is a huge factor, it's crazy in SFO and New York
      Apr 20
    • Chase onlypjay
      Yes I am at 603
      Apr 20
    • New Sucka
      Yes you are overpaid by banking standards, thanks to being at “603” whatever the fuck it is
      Apr 20
  • New Kula
    OP why would you bother about RSU ? TC for Lead/EM roles at these companies is 300K++. Even for Austin it would be 275K+ for L5/L6 position
    Feb 23 11
    • Airbnb NasirMack
      Unless you are going for L7+, you will almost always have coding interviews and if you have not ever done it b4, you need a minimum of 6 months to be ready for the coding interview
      Feb 23
    • Chase onlyitj
      OP
      @NasirMack I have been coding since I was a teenager, have experience in GW Basic, C/C++, Java, C# and JavaScript. For first 10 years I have done hands-on development, now from last 4 years mainly into Lead/SW Architecture space. But I believe I can polish/refresh my skills in a month or so.
      Feb 23
    • Airbnb NasirMack
      Chase not the regular coding. Algorithms and brain teasers check out leetcode.com
      Feb 23
    • Chase onlyitj
      OP
      yes checking it... thanks for the suggestion
      Feb 23
    • American Express ~~-~~
      op... how can you realize all of this so late... better late than never.. but still... did you not keep up with any tech news, articles, books, bios, meetups? or simply coworker chats 😂
      Feb 25
  • Square / Eng sj42hc
    Try Google Austin?
    Feb 23 0
  • Bloomberg ssssnyc
    $200k employee from bbg made $400k outside . This is true story. 5 yoe
    Feb 25 1
    • Bloomberg PRQS
      Oh wow. In NYC?
      Feb 26
  • Airbnb NasirMack
    14 yr yoe with desired skillset can make anywhere from 400k-2m per year in these companies
    Feb 23 1
    • American Express zm26
      2m seriously? It's very hard to believe!
      Feb 25
  • Two Sigma ghjklf
    Are you asking if you can make 1 million+ a year after 8-10 years? The answer is yes but the probability of hitting this will be low, like less then 10%. If you go to big tech or quant hedge funds your probability of exceeding $500k per year in that tome frame is pretty good though, assuming the job market for SWEs remains strong (a bubble burst will probably set things back)
    Feb 23 8
    • New Kula
      Way better than banks I am sure
      Feb 25
    • Capital One cwbybepbop
      I wouldn’t expect a bubble burst in our job market any time soon
      Feb 25
    • Two Sigma ghjklf
      There’s another thread recently where this was discussed. TS initial offer is on par/sometimes better then FANG. Year over year raises are better and there is no four year cliff.
      Feb 25
    • Capital One cwbybepbop
      Thread name?
      Feb 25
    • Two Sigma ghjklf
      Moving between finance firms
      Feb 25
  • Wells Fargo gyut
    How comfortable are you with leetcode?
    Feb 25 0