Bloomberg team related to financial application
Jun 28, 2019
17 Comments
I know Bloomberg has infrastructure team involving no financial knowledge; while other financial application team where engineers could learn tons of finance.
As new grad software engineer, I’m super interested in developing future career in financial industry, so any such team to recommend (like portfolio analytics)? And how hard it is to get into such team? Would such team generally be more selective compared with infrastructure team?
Thanks
comments
The reason why Enterprise is because it is cross asset - you will get exposure to many different aspects of finance. If you go to teams outside of Enterprise they tend to specialize and thus you will get a deeper exposure to one particular asset class or type of analytics. E..g if you join mortgage team you will know a lot about mortgages but not as much about fx or risk in general for example, and not how market players that operate based on trading benchmark their performance against indices ... examples like that.
You need to choose - you want depth or you want breadth.
Also enterprise teams in general deal with much larger systems - so building large scale performance oriented systems.
I worked for 3 huge banks working closely with FO and BO for 8 years . You will get fluent in finance , but there are always users or analysts who tell you exactly what they need.
I work on infra now and I learn more about engineering which is actually the field we would like to become experts in.
When you join a BB financial function Team , you might learn in debt about that specific product like Forex , MUST , commodities .
But a CFA certification or those free BU sessions will give you the knowledge you seek.
But having finance people around will definitely add knowledge subconsciously , like how having friends who are chefs and you keep hearing food tech jargon from them