2H life-changing xp#Pimco#income,home location,industry…

Here’s a real story in 2010 — I was completely hopeless and stuck in despair after my Goldman Sachs internal transfer was blocked in the last stage. I considered moving my whole family back to Singapore without any offer, and start my job search there. I was seriously considering a S$100k job in a back office batch programming job. Absolutely the lowest point in my entire career. After licking the would for 2 months, tentatively I started looking for jobs outside Goldman and slowly found my foothold. Then in early 2010, I passed a phone screening and attended a Citigroup “superday”. I spent half an hour each with 3 interviewers. By end of the day, recruiter said I was the #1 pick. I took the offer, at a 80% increment. In the next 12 months, I built up my track record + knowledge in

  1. real time trading engine components, esp. real time pricing engine
  2. fixed income math,
  3. c++ (knowledge rebuild)

I have never looked back since. Fair to say that my family won’t be where we are today, without this Citigroup experience. With this track record I was able to take on relatively high-end programming jobs in U.S. and Singapore. I was able to live in a convenient location, and buy properties and send my kids to mid-range preschools (too pricey in hind sight). Obviously I wanted this kind of job even in 2009. That dream became reality when I passed the superday interview. That interview was one of the turning points in my career.

Fast forward to Apr 2017 — I had a 20-minute phone interview with the world’s biggest asset management firm (Let’s call it PP), then I had a 2-hour skype interview. They made an offer. I discussed with my recruiter their proposal —

  • I would relocate to California
  • I would get paid around 200k pretax and possibly with an increment in 6 months. PP usually increase billing rate after 12 months if contractor does well.
  • recruitment agency CEO said he would transfer my visa and sponsor green card.

If I were to take this offer, my life would be transformed. (I would also have a better chance to break into the  high tech industry in nearby silicon valley, because I would have local friends in that domain.) Such a big change in my life is now possible because … I did well [1] in the interview.

Stripped to the core, that’s the reality in our world of contract programmers.  Project delivery, debugging, and relationship with boss can get you promoted, but those on-the-job efforts have much lower impact than your performance during an interview. Like an NBA playoff match. A short few hour under the spot light can change your life forever.

This is not a rare experience. There are higher-paying contract job offers that could “change your life”, and you only need to do well in the interviews to make it happen.

I feel this is typical of U.S. market and perhaps London. In Singapore. contract roles can’t pay this much. A permanent role has a few subtle implications so I feel it’s a different game.

[1] The 7 interviewers felt I was strong in c++ (not really), java and sql, and competent in fixed income math (I only worked with it for a year). Unlike other high-end interviews, there are not many tough tech questions like threading, algorithms, or coding tests. I feel they liked my interview mostly because of the combination of c++/java/fixed income math — not a common combination.

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