ISG Search is helping an unspecified financial company look for a Development Manager:
Management of a software team dedicated to successful delivery of Java based application development Lead development projects with associates using formal methodolgy engineering practices. Create, manage and monitor development and release plans making required adjustments. Assist in the development of a technology roadmap that includes functional and technology initiatives in each release cycle. Communicate extensively on all team and project activities to support peer and upper management understanding and decision making. Collaborate within the systems development teams. in helping to negotiate and prioritize deliverables; estimate work; and build project shedules. Management of direct reports.
It’s a senior role at a financial company. Although I’ve typically seen compensation from financial companies in Toronto as being adequate, but not stellar, they claim: “Outstanding compensation package including bonus, RRSP matching and one of the most comprehensive benefits packages in the industry. ” Unfortunately, that’s not much to go on. Then again, RRSP matching is nice.
Financial companies haven’t been doing that well lately; this may not be the best moment to join a financial company from the stablity perspective. More than usual information gaps. What’s the company, the team, the work? What are the specifics in compensation? What’s the process? Where might you be working? There’s a lot you don’t know.
The phrase “formal methodolgy engineering practices” sounds ominous to me. It sounds like big UML-documented formal specifications, code reviews and architectural “gates”.
Your mileage may vary when it comes to working in finance.
If you want to be a development manager and you’re willing to take a chance on the claim of outstanding compensation, it might not hurt to inquire further (and come back to pass on the details).