It seems odd to send out the usual report amid the pandemic, so I’ll keep it short this quarter. Despite the current chaos, we work with stable, well capitalized companies that continue to demonstrate strong demand for technical talent. Virtual “on-site” interviews are now the norm with all meetings conducted via video conferencing. We’ve found that companies are quite comfortable with interviewing in this way, and in fact, offers are being made without in-person meetings. We’ve even had a couple of people start jobs remotely in the past couple of weeks.
IB Engineering Jobs
This table shows the number of posted engineering jobs in NY at the major investment banks:
Job postings major investment banks 2020
Observations:
Likely too soon to reflect the full effect of the pandemic
Posted jobs very steady over the course of the first quarter but decreasing and likely to decrease significantly further
Big hiring story is Goldman – consider GS has 20% the number of employees as JPM but more job postings
Morgan Stanley has done little hiring in NY over the past 2 years as many jobs are moved to lower cost locations
Opportunity in DevOps/SRE Part 2
The $ growth discussed last quarter for DevOps positions is very real. We continue to see offers in this discipline that are eye opening. This category will continue to evolve.
Expensive Sandwich
Embarrassing - High-paid banker suspended over alleged food theft!
Good Read
I thoroughly enjoyed The Man Who Solved the Market. Aside from learning about Jim Simons and Renaissance Technology, I learned a lot about how systematic hedge funds work. This section is illustrative of the arms race happening at the top systematic funds:
Excerpted via books.google.com
Feeding all of these systems is data, and the demand for data engineering talent continues to explode.
Joke
How do you tell an extroverted mathematician?
He looks at your shoes during an interview.
Current Priorities
FinTech
Most in Demand: Javascript, Data Engineering, DevOps
Data Engineer – Top 50 FinTech – Python/Java
Front-end Engineer – Top 50 FinTech – Javascript/React/Ember/Vue
Full-stack Engineer – Top 50 FinTech – Java/Python/Javascript
Product Engineer – Top 50 FinTech – Java/Javascript
DevOps Engineer – Top 50 FinTech
Back-end Engineer – Go(lang) (not required)
Full-stack Engineer – Go(lang)/node.js/Javascript (React)/Typescript
Sales Engineer – Python/Fixed Income Trading systems
Buy Side
Most in Demand: C++, Python, Data Engineering, DevOps
C++ Performance Engineer – mid-size HF growing quickly – C++
Quant Researcher – Execution team - mid-size HF growing quickly – Python/C++/Researcher
Quant Researcher/Trader - MBS - mid-size HF growing quickly - – Python/C++/Researcher
Weather Desk Engineer – Leading HF - Python/JavaScript/C++
Lead Convertibles QuantDev – Leading HF - C++/Python/Fixed Income or Equity exp
Front-end Engineer – Leading HF - Javascript/React
Dev Manager – Leading HF
Lead Engineer/Architect – Leading HF – C++
Team Lead Data Engineer – python/C++/Spark/Hadoop – Equities – Leading HF
Lead C++ Engineer – Fixed Income Market Making – Leading HF
SRE – Leading HF
Java/Python Developer – Leading HF – RegTech
Data Developer – Security Master SME – Leading HF
Data Developer – Scraping/Cleaning/Storing – Leading HF
Python Middleware Developer – Leading HF
Lead Data Engineer – python/RDBMS, NoSQL, Object Databases – Credit Trading – Leading HF
Data Engineer – python/C++/Spark/Hadoop – Credit – Leading HF
Data Engineer – python/Java/Spark/Hadoop – Data Platform – Leading HF
DevOps - Kubernetes, containerization – Mid-size HF
Data Engineer – python/Spark/Hadoop – Commodities – Leading HF - Greenwich
QuantDev – C++/python - Fixed Income – Rates - Leading HF
C++ Engineer – Fixed Income Market Making – Leading HF
UI Engineer – React/Angular/Reduc/Node.js - Fixed Income Market Making – Leading HF
Senior System Distributed Data Engineer – Cassandra/Kafka/Cloud/Big Data – Leading HF
Quantitative Research – Leading HF
Quantitative Research Engineering – Leading HF – C++
Market Data Engineer – Leading HF – C++ (KDB a plus)
C++ Engineer – Leading HF – Electronic Trading Technology
Data Engineer – SQL Server, C#, MongoDB/Spark – Healthcare hedge fund / VC
Data Scientist - Python, SQL, R, C#, ML – Healthcare hedge fund / VC
Junior C#/ASP.Net DevOps developer – Healthcare hedge fund / VC
Quant/Modeler – Equity derivatives – Pricing/Risk – C++ - leading hedge fund
QuantDev – Equity derivatives – Pricing/Risk – C++ - leading hedge fund
Research Engineer – Princeton location – PhD preferred
Research Scientist – Princeton location – PhD only
Trading Operations Engineer – DevOps – Princeton location
Sell Side
Most in Demand: Java, DevOps, Data Engineering
DevOps (Assoc/VP) – Runtime Platforms – leading IB – Linux/CICD/Containerization/Etc.
DevOps FICC Systematic MM (Assoc/VP) – leading IB – Linux/CICD/Containerization/Etc.
SRE Pipeline (Assoc/VP) – Opportunistic - leading IB – Linux/CICD/Containerization/Etc.
Low Latency Java Engineer – FICC SMM - leading IB – Java/low-latency
Quantitative Engineer – FICC SMM – leading IB – Java/low-latency
FICC Electronic Trading Controls Engineer – leading IB – Java/Trading Controls
Java Developer (Assoc/VP) – Loans Servicing – leading IB - Java
Java full-stack Developer (Assoc/VP)– Fixed Income eTrading Strategies – leading IB - Java
Lead Data Developer/Architect – leading IB – Hadoop/Spark/Scala/Data Eng/Data pipelines
Javascript/ReactJS Developer – Strategic platforms – leading IB
Quant/Strat – Equity Fundamental Strategies – leading IB