What should be salary expected ?

Bank of The West samto
Aug 3, 2017 16 Comments

Hey guys -- looking to check out options in moving from finance / banking world to tech. I am based in SF Bay. wondering if someone can throw light in following
- Sr Director Level Packages ( including -- base, bonus, stock, 401k ) in Product Management function at Visa
- Manager level Packages (including -- base, bonus, stock, 401k ) at block chain / Fintech start ups ( SoFi etc. )

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TOP 16 Comments
  • IBM Kinetix
    Senior Director with 2 reports? Sounds like finance hands out director titles like candy. In tech a director actually means something, LinkedIn being the exception. How many years experience in management do you have? Your most likely looking at 1st level Manager roles, maybe level 2.
    Aug 3, 2017 0
  • Bank of The West samto
    OP
    appreciate your response. titles at banks v/s tech very different. structure more flat at Banks then tech IMHO
    Aug 3, 2017 5
    • Facebook / Eng instandidl
      You have it backwards.
      Aug 4, 2017
    • Bank of The West samto
      OP
      banks do no have manager I, II etc..as in Tech, as someone pointed out .one can quickly start reporting to SVP at an analyst level.
      Aug 4, 2017
    • Facebook / Eng instandidl
      SVP in a bank is many many many levels from CEO.
      Aug 4, 2017
    • Bank of The West samto
      OP
      not true .. especially in Corporate / investment banking ( retail banking different beast)
      Aug 4, 2017
    • Facebook / Eng instandidl
      Have you worked in tech?
      Aug 4, 2017
  • Adobe HAXh52
    Banks inflate titles IMHO. More like St Manager at other tech companies. I'm sr Dir at established tech company. VP or SVP at most financial services company.
    Aug 3, 2017 1
    • Adobe HAXh52
      My TTC is north of $400k plus RSUs
      Aug 3, 2017
  • New / Eng Ttttyyy
    The level inflation in finance is insane. You're M1. "VP" in banks is at most "senior" in tech companies - but the technical experience is lower.
    Aug 3, 2017 0
  • BlackRock CA_25
    Hi could you share your experience and profile
    Aug 3, 2017 1
    • Bank of The West samto
      OP
      8+... where does blackrock stand with their VP and Director roles ?
      Aug 3, 2017
  • Intuit wUVe67
    Ugh I'm sorry but bankers wanting to be PM's...sounds like the worst tech manager ever
    Aug 4, 2017 0
  • Facebook / Eng instandidl
    Director of what? What kinds of people did you manage?
    Aug 3, 2017 2
    • Bank of The West samto
      OP
      Product road map. 2 direct reports. project goals is what would be owner off
      Aug 3, 2017
    • Bank of The West samto
      OP
      what do FB VPs and Directors end up doing ?
      Aug 3, 2017