This week's book giveaway is in the Mac OS forum.
We're giving away four copies of a choice of "Take Control of Upgrading to Yosemite" or "Take Control of Automating Your Mac" and have Joe Kissell on-line!
See this thread for details.
The moose likes Jobs Discussion and the fly likes hedge funds, wall street, finance Big Moose Saloon
  Search | Java FAQ | Recent Topics | Flagged Topics | Hot Topics | Zero Replies
Register / Login


JavaRanch » Java Forums » Careers » Jobs Discussion
Bookmark "hedge funds, wall street, finance" Watch "hedge funds, wall street, finance" New topic
Author

hedge funds, wall street, finance

stephen gates
Ranch Hand

Joined: Apr 30, 2007
Posts: 69
How do you get into the hedge fund, wall street trade floor world as a Software Engineer?

I've been in IT as a software engineer, web developer, mainframe programmer, c++ and java programmer for over 10 years. But I've never worked in the finance industry. How do you get started working on the trade floor or on wall street or some big hedge fund company? It's where I'd like my career to go toward next.

thanks.
[ June 09, 2007: Message edited by: stephen gates ]
fred rosenberger
lowercase baba
Bartender

Joined: Oct 02, 2003
Posts: 11356
    
  16

This forum is for posting your resume, and saying "I am available for hire". I think your question would belong better in "Jobs Discussion".


There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
Mike Isano
Ranch Hand

Joined: Jan 19, 2007
Posts: 144
Cold call someone on the telephone and ask for an interview. Mail them a resume also.


As far as what the phone number is, and the address to mail the resume to....
Henry Wong
author
Sheriff

Joined: Sep 28, 2004
Posts: 18876
    
  40

Stephen,

Did you recently move into the Wall Street area? Based on the ratio of IT jobs of finance vs non-finance companies in the wall street area (actually all of the northeast area), it is quite common to know many former colleagues working for a financial corp.

If your 10 plus years have been in New York, and you did a good job at professional networking, you could probably just pick up a phone and get an interview.


If not, "cold calling" is still a good option. All of the big wall street firm have job postings on their official websites. It won't be as good as calling an old beer buddy who is now a managing director, but...

Henry


Books: Java Threads, 3rd Edition, Jini in a Nutshell, and Java Gems (contributor)
Roseanne Zhang
Ranch Hand

Joined: Nov 14, 2000
Posts: 1953
I have got many recruiter emails for financial institutions in NY, NJ area. Unfortunately, I don't have a desire to relocate there.

The only thing I did was put my resume on Monster.com, careerbuilder.com...

I took my resume off now, but still get a few ...
Marvin Trump
Greenhorn

Joined: Jun 10, 2007
Posts: 3
What kind of things do you have to know to get into one of those wall street firms and hedge fund companies?

A friend of mine told me you needed some ivy league education and high grades. But I always thought that was the brokers and business jobs. I'm sure having that helps in technology, but if you are good at what you do, does it matter that much as a software engineer?
Marvin Trump
Greenhorn

Joined: Jun 10, 2007
Posts: 3
Also if you have a rough stretch and developed bad credit, should you just forget about wall street?
Roseanne Zhang
Ranch Hand

Joined: Nov 14, 2000
Posts: 1953
Originally posted by Marvin Trump:
Also if you have a rough stretch and developed bad credit, should you just forget about wall street?


To my understanding, the answer is "YES".
Henry Wong
author
Sheriff

Joined: Sep 28, 2004
Posts: 18876
    
  40

I can't really say for all of finance, but for most of the wall street firms that I encountered (securities) -- they do background checks along with finger printing. A couple that I encountered even take urine samples.

Henry
Jay Dilla
Ranch Hand

Joined: Aug 12, 2004
Posts: 201
I'm assigned at a major financial company now (not in a Wall Street office though) and I have to get fingerprinted this week. We can't use email at work or anything, it's very strict at these places.
 
GeeCON Prague 2014
 
subject: hedge funds, wall street, finance