At Wells Fargo as Quality Anayst and Deloitte/Goldman Sachs reached out to me on an Operations Role.

I get it is operations and currently I am being converted at Wells Fargo to permanent (not quite there yet) as a customer advocate pretty much, but Deloitte is trying to hire me for the same salary and a smaller commute . It would be a derivative custody analyst for Goldman Sachs and would be a year long contract, with an opportunity to grow with either Goldman Sachs or Deloitte. This position would in be Salt Lake City and they reached out to me on this.  I had previously worked as a trader at Morgan Stanley for their stock options/RSU group. I did not graduate from a target school and I don't want to be enamored with the whole "Goldman image" but I do wonder if there is any benefit from taking this offer outside commute. I have been taking CS classes as a back up (as it seems like the salaries in financial services in general are flat and I make pretty good money for being in operations as it is and my undergrad grades were so so to be honest so I want to redeem myself). I have been listening to the recruiter in case there was a kicker but outside the legend of Goldman Sachs, the commute, and getting experience in a new product area (as I have mostly dealt with stocks) it seems like a pretty even spot. Would you stay with Wells Fargo or go with Goldman Sachs?

 

To answer your question, I would go with the one that reduces the amount of lifestyle issues, while also paying the most. Within the areas you are interested in, the "Goldman brand" likely is not as strong, especially given its contract work and thus some risk regarding long-term opportunity. That being said if looking to eventually transition into a roll where the "Goldman brand" carries more weight, then yes send it.  

 
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I also learned on here that the Salt Lake City office got rid of their analyst program. Honestly I like my current job and don't want to complain but looking forward I want to pan for the future and not be stuck and have my earnings eroded due to inflation. I mean 69k (including bonuses) is not bad but need to work on investing personally (harder as of late but last years was a blowout) as well as get into real estate (working on that as we speak). I did start on a certificate and then plan on going to university next year after the certificate (which transfers). I have also thought of getting an MBA but it seems overblown as I know several people I have worked with that have MBA's from non-targets and seem stuck in OPS, which seems to kill the point. I am glad to get a second opinion on the software development rout.

As a side note is Dallas or Houston a decent market? I had considered Chicago but that seems worse off than Salt Lake City and unless I could find something in Salt Lake City or Texas it seems like the quality of life would take a severe hit which kills the whole damn point of moving. Personally I like the weather but the housing in Dallas is tempting to be honest. Beyond that side thought I think the software development seems like a better idea as the alternative seems to put me in a worse off position than I am in. (Also I have been able to kick my ass into getting an A+ and A- in my two classes I have been taking for software development whereas Business Administration seemed like bullshit I already knew, although I would have went for MIS if it was available at the time).

 

Go full coding and enroll in MFE/MSCF and convert your self as quant trader(given your previous trader role).

 

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