Salary for a VP level developer for High Frequency Trading (HFT) Desk

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  1. #1

    Salary for a VP level developer for High Frequency Trading (HFT) Desk

    Hi,

    I have 5+ years of development experience and have been offered a position as a front office senior developer (VP level) for the HFT desk at one of the big European investment banks. I am currently in India and have a similar work profile. The salary negotiation part has started and I am unable to figure out what would be a right number. My salary + bonus is India is pretty good (last year was approx HK$ 650K). Can someone help me with a range of salary expected for such profile? My research suggests it to be between HK$ 900K to 1million + bonus. Would this be correct or on the lower side or would I pricing myself out of market?

    Thanks in advance.


  2. #2

    Join Date
    Sep 2013
    Posts
    28

    Hi

    I was recently looking at salarys in HK and came across this page:

    http://www.michaelpage.com.hk/salary-centre.html

    Should give you a good indication I think. Working in FO IB tech should put you at the higher end of the ranges shown.


  3. #3

    Join Date
    Jan 2008
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  4. #4

    WOW, Indian is so expensive!
    US should move their jobs back.


  5. #5

    Join Date
    Aug 2013
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    Quote Originally Posted by rednblue19:
    Hi,

    I have 5+ years of development experience and have been offered a position as a front office senior developer (VP level) for the HFT desk at one of the big European investment banks. I am currently in India and have a similar work profile. The salary negotiation part has started and I am unable to figure out what would be a right number. My salary + bonus is India is pretty good (last year was approx HK$ 650K). Can someone help me with a range of salary expected for such profile? My research suggests it to be between HK$ 900K to 1million + bonus. Would this be correct or on the lower side or would I pricing myself out of market?

    Thanks in advance.
    What's the size of the HK firm? Is it multi-national or local?

  6. #6

    Join Date
    Aug 2009
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    2,711

    900-1m sounds about right


  7. #7

    Join Date
    Nov 2007
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    Quote Originally Posted by Yeahbaby:
    What's the size of the HK firm? Is it multi-national or local?
    one of the big European investment banks