[OT] Going rate for programmers/seriously good sysadmin staff in
mlupton at megsinet.net
Thu Sep 2 15:54:05 EDT 1999
not too sure if i can help out too much, but I'll give it a stab. As far as
expectations go, medical insurance is definitely standard, most people
(especially programmers, trading system developers) within the financial
industry usually receive dental + optical (optical only in some cases). As
far as good help goes, expect to pay for it, even if you end up buying
someone with no financial programming experience. Most all the good
traders/system developers in the financial industry are C/C++ programmers.
Based on my previous experience, they know their way around MATLAB, Applix
(excel), and DSP work. I had the opportunty to work as an assistant after I
got out of school @ a German investment bank here in the states...no names
mentioned. We were managing risk trading the US treasury yield curve. The
2 guys I worked for were guys from MIT who both got their grad degree in 5
years. Neither of them had any financial experience @ school. it was all
signal procesing work in MATLAB and built into spreadshets. -- pretty cool.
I got to see these guys build filters to filter out the noise from the
markets in order to solidify their models...--even cooler.
well as time has it, we got laid off in the Eastern market crash last year.
I now trade for a hedge fund. I would love to come work for you, but my
fund is here in Chicago & currently I am working on financial math stuff @
the university of Chicago -- I need to build those skills.
A good place to help you in your search would be:
if you are not familiar, it is basically the internet for finance people
but has been around long before most people knew what the internet was).
There are job listings for everything financial. I would look for your
programmers there. You will surely be able to find people that come
complete with previous C/C++ financial programming experience. Pay wise,
if you need help
mlupton at megsinet.net
> -----Original Message-----
> From: owner-music-dsp at shoko.calarts.edu
> [mailto:owner-music-dsp at shoko.calarts.edu]On Behalf Of Sarah Thompson
> Sent: Thursday, September 02, 1999 9:09 AM
> To: music-dsp at shoko.calarts.edu
> Subject: [OT] Going rate for programmers/seriously good sysadmin staff
> in NYC
> I must apologise for being very off-topic here, but I had a feeling that
> there may be people here who might know the answer to this (or
> might even be
> interested in applying for a job themselves, assuming this all happens).
> My company is considering opening a US office, located in NYC,
> downtown Manhattan in the financial district. We have a need to support
> initally one (but soon more, probably) large customer technically on a
> full-time basis. However, being UK based, I don't have much idea what the
> going rate for good staff is in NYC, and don't particularly want
> to ask our
> customer for various reasons (I'm not too impressed with their recruiting,
> for one thing). Also, what are the normal expectations in terms
> of benefits
> (e.g. medical insurance)?
> If anyone here is interested in a 'day job' in Wall Street, by
> the way, feel
> free to drop me a resume by email (not via the list please!). I'm
> much more
> interested in capabilities than experience in the specific area, so don't
> necessarily be put off if you haven't worked in the industry before now.
> Sarah Thompson
> PS: Again, many apologies for being off-topic. It's just that if you can
> hack DSP code, you're likely to be able to hack real time market feed
> software too.
> PPS: We use C++ and don't care what anyone says. :)
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