How much do people make in consumer banking?
What's the TC for these position? Is it super low? I still think it would be a less stressful job where you get to work with people and make a decent amount. Anyone with this kind of experience who can share what it's like in the industry?
TC depends - if you come in from external, they’ll make you a decent offer. Benefits are pretty good though, ~24-25 PTO days immediately, and ~7-8% 401k. Definitely less stressful than finance, but still depends on the team, and will suck around deadline times. Lots more bullshit meetings, and a lot of older tech. Newer tech is usually set up in a very enterprise way, needing lots of approvals and very specific standardized methods of usage.
Come to Morgan Stanley. :) lots of new tech, amazing infra
Less?
I now have 30 days PTO & 7% 401k.
Everything HeLn18 said is right. Really team dependent - I’ve left at 5pm every day with one team and doing work texts at midnight with another. Enterprise way of everything and everything is old because of it - but they are realizing it and will jump ahead at times. Salary - don’t expect FANG and honestly they underpay for a lot of tech specialities BUT the benefits and slow corporate structure make it a place to level up while pulling a salary.
What role specifically?