Category: gzGenTmp
I feel lucky with the quant infra job
This is better than a java role (diminishing return).
Am unlikely (but possible) to get more money anywhere in Singapore. Do I feel the same way when joining OC (yes) and Stirt?
This is arguably better than a c++ coding role as I already have hands-on coding experience.
This is better than a c# role, because c++ is strategic to my career.
why U.S. employers reluctant to sponsor (not transfer) h1b
## 4 frustrations — as of mid 2015, after Baml
#) few vacancies in financial IT here, and few engaging. See post on “longevity job”
** … while my US peers enjoying the bull market
#) parenting take up too much time
** boy learning – no mtv, no drive, poor retention
** meimei needs a lot of physical effort
# limited time available to myself for personal growth
# MSFM no real, organic growth
Silver linings: 2013 Oct crisis
* Within 6 months (before I was moved into the tester role) I demonstrated I can handle c# dotnet dev work. Boss was not happy with some aspects of it, but he couldn’t deny i delivered working code, that went to production straightway, without any failure.
* I overcame many obstacles and made constant progress despite the setbacks. Boss admitted that I’m not to be blamed for the delays.
* I’m seen as a hard-worker
* Venkat’s point — take it as a playground. Things won’t go any worse than this. (Actually they can:)
* I have the US choice.
* The variety of my modules are non-trivial
tcp/ip raw sockets
xaml, mvvm, event hooking
win-services
remote debugging
wcf
y invest so much in c# and detailed technical knowledge
(Master copy – in 610610 blog.)
It’s Inevitable on any long-term effort — we sometimes feel a tinge of self-doubt whether the investment is worthwhile, seeing no ROI on the horizon. Some moral support/conviction/faith needed, or the motivation might wear off.
– Spare capacity? There’s definitely some spare capacity in you (as I told Shuo). If you don’t’ bring it out, then you will see some of your peers use it to strengthen their competitiveness.
** Are there better uses of the spare capacity?
– Some peers will (with the spare capacity or otherwise) become versatile in java, dotnet and c++. How would you feel?
– This game I can strengthen and become more competitive. This is one of the few games I am sure. Many peers move up in leadership, but is leadership my game? On Wall St you may try leadership mostly in small dev teams and must remain hands-on.
– let’s get down to the real pains — stable income, security for family, staying relevant and marketable, multiple sources of jobs.
** Less of a pain — job title, high income
– Key question: At age 50 Which country offers that stability?
– specialist? There is a small number of guys in Wall St and the City of London, who specialize in hands-on coding across a wide range of technologies. (Somehow they may not become senior architects, but they have marketable skills.) That would be a good role for people like me.
– learning c# helps me understand java and swing from a unique angle. Makes me a stronger candidate, blogger and teacher.
coaching skill – leadership
My strengths
* Monitor progress of the coaching
* Set a positive tone during the session
* I'm fully aware of the need to be a righteous role model. People must first respect the leader, otherwise sooner or later they will (subconsciously) feel reluctant to follow. I feel many of my managers are not that good overall as a person. They just happen to occupy that seat with that power. Same in the family.
** in fact, most of the time team members simply follow instruction without “respect”
* fairness
* I don't want to sound domineering. I want to be “equal”. When we meet after the guy resigns, we are still equals.
My areas of improvement where I see good role models
* Build a supportive relationship
* Observe the behaviour and emotion of the person being coached. This is good leadership.
* Periodic on-going coaching sessions. I feel behaviour improvement can be very tough and take a huge effort.
## age-resistant professions
* Teaching — in a private training company or, better still, government institution. Well protected by government, rather than corporate profit. Grandpa feels Singapore schools are the best choice.
** qualification is everything, more so than in job interviews
* Research? I feel research institutes employ a large number of people not for profit. So budget is far more stable. You don’t get the Wall St boom-to-bust pattern that year-end profit announcement drives headcount for the next year.
advice on personal investment?
writing…? I like it but I feel hard to make a living. Not confident.
brank is real differentiator on job market
Suppose you meet a guy from an lesser-known hedge fund. Perhaps a quant strategist, a quant developer, a high frequency trader, a fund manager or the CEO. He could be full time running multiple funds for a few years, perhaps with multiple investors in his funds. How do you know he is not an unemployed high school dropout running his one-man operation out of his parents' garage? His investors might be relatives + friends.
The real evidence is asset under management. Anything below $10m is a tiny fund.
Now you meet another guy, from a HFT software vendor. This time Real evidence is company revenue. If not, then big-name backers.
A simpler evidence of track record is past salary.
In conclusion there are too many people with big words in the resume, but only a fraction having credible track record (brank).
target impressions on hiring managers
When my CV is presented to a Singapore-based investment banking IT manager, what are his impressions?
To an FX hiring manager, i want him to remember me as
“java and c++ – proven”
“lots of math and pricing experience”
“front office”
“experienced in many non-FX domains, but not much FX”
Each decision maker (incl supporting) would walk away with a few “descriptors” in their mind…