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JPMorgan now poaching engineers from Goldman in Texas

If you want a technology job with an investment bank, Texas is turning out to be the place to be. JPMorgan has a Plano campus and announced plans to shift another 4,000 people there last year, including from New York. Meanwhile, 20 miles away in Dallas, Goldman Sachs is also busy hiring.

The combination is creating a poaching war of the type previously associated with Wall Street or Silicon Valley.

Right now, JPMorgan bank has 247 open tech opportunities in Plano. It wants cloud engineers, Java engineers, Blockchain security engineers, and cybersecurity professionals to name but a few. Goldman Sachs also has 47 open jobs in Irving, Dallas, including for a front office ‘control’ engineer, someone to work on the SecDB risk and pricing system, and even a prime services strat. A few years ago, Goldman started locating the technology jobs associated with Marcus, its retail bank, in Texas, but there are signs now that it’s locating investment banking jobs there too. – CFO Stephen Scherr said this week that the firm is pushing more talent into Dallas, Salt Lake City, and Bangalore and that the breadth of roles being shifted is expanding.

Not everyone wants to work in Dallas. Therefore, if you’re a banking technologist already in the city, you’re going to be a premium. Accordingly, JPM just poached Syed Husain, the global head of Global Head of Release Engineering for the Datalake system at Goldman. Husain is joining JP as an engineering platform for lead for Helix, JPM’s merchant platform.

One technologist at Goldman who moved to Irving from NYC tells us it’s a good place to be and that more technologists should follow. “I was looking for a place to go from NY, which still had lots of diversity, things to do, shopping, restaurants, and community. Irving ticked all those boxes, especially with a family,” he says. “I don’t regret moving down at all. There’s a big demand for tech resources, so overall I think a good place to be for the foreseeable future.” Read more via efinancialcareers

Pemo Theodore

Pemo is a Media Publisher & Event Producer. She is CoFounder/CEO Silicon Valley TV She is the Executive Producer of FinTech Silicon Valley & organizes Bay Area FinTech meetup: Silicon Valley FinTech meetup & Blockchain Music meetup with almost 3k members. She has produced Silicon Valley Events for Investors & Startups 7 years. She video interviews venture capitalists & angel investors & FinTech experts. She partners with videographers to cover San Francisco Bay area startup conferences & meetups with livestreaming, video & foto packages Silicon Valley TV She is based in Silicon Valley & has been involved in online business for 14 years. She has been in small business for 46 years in Ireland, London, Canada & Australia. She also published a free ebook (the findings of 1 year research from VCs, angels & women founders) “Why are Women Funded Less than Men? a crowdsourced conversation” She was TheNextWomen‘s most prolific contributor of 2011. Silicon Valley TV has been noted as a platform for supporting high growth women led companies in Huffington Post

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