Hey guys,
I am a computer science major with about 6 years of experience, have hopped a few jobs (non-finance industries) and recently took up a programming gig at a brand name bank in NYC. $120-140k comp. I was making similar pay in programming jobs outside of finance as well and have the option to take my old job back.
Wondering if the back-office/middle-office folk that work around me that have been with the firm for 5-7 years in other roles (non programming, but still back-office/middle-office) such as Ops, Trade Settlements, Risk etc. make a lot more than $120-140k? Know any one off examples?
I'm wondering because I wish to know how things would have been, had I not been a computer science major, but yet not been a core front-office employee, 5-7 years into the bank.. I have absolutely no idea of the real pays in these other non-front-office roles. It appears that the bulk of folks in the bank are not core front-office..(is it safe to assume that in a large bank, the bulk of the labor force is supporting a small set of front-office Ferrari driving crowd?)
Please throw some base + bonus comp. numbers at me from cases you all know of, specifically those having 5-7 years of experience.
Somebaadie.... yenibaadie.......
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