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Hi Folks - can someone help with the hierarchical structure as per bands in persistent?
Like what is 7.x, 9.x and 11.x ? Is there anything above 11? I m about to receive an offer and would like to negotiate it properly !
My skill set- Microsoft Azure.
YOE- 12
MBA from ISB Persistent Systems Limited
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I believe you can expect to make anywhere from $90k to $140k with that title.
I see it says stable value so those are short duration, and or high quality/core accounts whose interest rate typically stays steadily hedged to be neutral to the benchmark. So rate movements shouldn't impact its relative performance. I'd guess most 401k plans and the like are required to always have those types of funds, so institutional shops get to keep them. Where there is the institutional fund, easy enough to create a retail fund class for everyone who still subscribes to the 60/40 rule and buying bond funds in their own discretionary accounts, even given current market state ...
Any follow up on this? Did you accept the position with Columbia Threadneedle?