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Re:Citigroup plans to hire 4k tech staff by mberning on Monday June 06, 2022 @11:39PM (#31649624)
I know quite a few people making insane amounts of money working at banks. Sure it’s not glamorous, but their careers are doing just fine. I would agree it’s not a great place for fresh grads and extremely junior developers. Way too easy to pick up the bad habits and negative aspects of the industry.
Re:Citigroup plans to hire 4k tech staff by JumpCrisscross on Monday June 06, 2022 @11:52PM (#31649708)
I’m increasingly convinced banking IT is one of the trades of software. There are glitzier gigs. But you’ll need connections or student debt to land them, and their net ROI won’t be as high ten years out.

On the other hand, your HN peers won’t look down on your cereal-bowl ad-targeting (granted, fabulously compensated) gig at Google.

Re:Citigroup plans to hire 4k tech staff by nix23 on Tuesday June 07, 2022 @05:58AM (#31651974)
>I’m increasingly convinced banking IT is one of the trades of software.

Banks an Insurance have just really bad marketing, but fraud-detection (aka ML.."AI"), analytics..it's all really interesting, and if you have a good manager who shields you from the internal-wannabe-politicians you can produce software that you can be really proud of (enough time to test/plan etc).

And hell, Mainframes are such a interesting field no one talks about (but one could learn some really good lessons).

Re:Citigroup plans to hire 4k tech staff by mschuster91 on Tuesday June 07, 2022 @09:06AM (#31653667)
> if you have a good manager who shields you from the internal-wannabe-politicians

Unfortunately it's hard to find out in interviews if your manager is worth their salt.

Re:Citigroup plans to hire 4k tech staff by nix23 on Tuesday June 07, 2022 @02:10PM (#31658094)
Yeah true....like always..
Re:Citigroup plans to hire 4k tech staff by decafninja on Thursday June 09, 2022 @04:22PM (#31686294)
I'm curious what those people are working on.

As a former bulge bracket investment bank software developer, I certainly did not make anywhere close to insane amounts of money. As a "vice president" 10+yoe senior SWE equivalent my TC was probably a tad bit higher than the higher end of a FAANG junior SWE TC. This is in NYC. Ditto for my colleagues.

The only kind of SWE I can see making great money at a bank are those working in the algo trading and maybe the quant space, but those are highly niche roles.