Discover your dream Career
For Recruiters

Goldman Sachs wants the most miserable engineers to build a trading platform

If you want to work with the most powerful tech in finance, you probably want to be a hardware engineer working with FPGAs. Goldman Sachs has recruited them in its trading team for some time and is building a new infrastructure team with them, but the work is notoriously difficult.

Goldman's global banking and markets team is recruiting FPGA engineers in London and Stockholm to build a "high-capacity, yet nimble and adaptive FPGA platform for trading equities." It asks for "extensive experience with SystemVerilog" in particular, a language with its fair share of haters.

Click here to sign up to our technology newsletter 🔧

That's unfortunate because Jane Street developer Andrew Hunter says coding in Verilog is "miserable and unpleasant." Engineers on HackerNews say the language is "fantastically easy to create bugs" with. Dan Luu, an engineer at $1.1 trillion hardware manufacturer NVIDIA for over a decade, says the language is "baroque" with a "counterintuitive" nature that leads to the creation of "unsynthesizable garbage." 😱 

There are upsides to this. As with C++ it's perhaps the abundance of faults in the language that makes its elite engineers so desirable. It's also the non-bank firms that want them the most. Aiden Pestell, senior consultant at executive search firm Odin Partners, says "FPGA is massively in demand for most HFT firms globally" due to its unparalleled "nanosecond speed." He refutes the idea that they're miserable, however, saying they "seem happy and love what they do."

FPGA teams are currently very Europe/US focused at banks, but Pestell is expecting them to go global soon. "Banking is going towards FPGA in years to come," Pestell says APAC hardware teams "will catch up in two years or so."

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance.

Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Click here to fill in our anonymous form, or email editortips@efinancialcareers.com. Signal also available.

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

author-card-avatar
AUTHORAlex McMurray Editor

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Recommended Jobs
Paritas Recruitment - Data & Tech
Quantitative Researcher (Systematic Fund)
Paritas Recruitment - Data & Tech
London, United Kingdom
Oxford Knight
Quant Researcher - C++ / Python- Global Hedge Fund
Oxford Knight
London, United Kingdom
DTG Capital Markets
Quantitative Trader/Portfolio Manager - mid/low freq EQ
DTG Capital Markets
New York, United States

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.