- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I have been working at Omgeo full-time (more than 10 years)RecommendsNeutral OutlookRecommendsNeutral Outlook
Most people are willing to do whatever is necessary to see the company succeed. Good compensation, decent benefits. Relatively flat management structure, but there's plenty of room for growth if you're a software engineer. Work/life balance is totally dependent upon which group you work in, and what projects you work on. It's fantastic in some groups and completely sucks in others.
Lots of changes since the DTCC acquisition. Can be very political, depending on your department. There are some departments that seem to be shielded from having to perform at the same level as others. Performance evaluation within departments is based on a bell curve; bad news if you're part of a highly performing team. While the company seems to be trying to provide transparency, there have been some serious gaffs in the past couple of months. Overall, people are still concerned about how the DTCC transition will play out in terms of culture. There has been a steady stream of people leaving the company in the past 3-4 months; probably about 50% involuntary.
Advice to Management
Listen to your low-level managers. They are closest to the work going on and will tell you what's really happening as opposed to the "Sunny Day" scenario. Weed out the dead wood.
Getting an Interview
Getting an Interview
Helpful (1)Declined OfferNegative ExperienceDifficult InterviewDeclined OfferNegative ExperienceDifficult Interview
I applied through an employee referral. The process took 2+ weeks – interviewed at Omgeo (Boston, MA) in August 2013.
Amoazing long and drawn out interview process for a consultant (contract) position, all things considered, but the communication was extremely unprofessional and highly pejorative. I was profoundly disturbed to find that the position was open due to the prior hire being canned a month into the job due to "inconsistencies on their application". What was disturbing is not that it happened, but that they felt compelled unconsciously to repeat that ad nauseum throughout the interview. Indeed all five of the panel interviewers mentioned this continually during the interview, which I found odd and incongruous, as I wasn't sure why this was necessary information to provide during an interview. Omgeo is very clearly hiding something. There is much more to that story I am certain. Left a bad taste in the mouth. When I left the interview, I felt like I had dodged a silver bullet.
Not one person that interviewed me had any experience or background in professional project management. Their questions and reactions to the answers to my questions belied this. I reviewed the background of every interviewer prior to the interview, and among all seven interviews for a Scrum master position nobody had even one technical or project management certification. I don't think any of them had spent any time working with Agile or Scrum framework at all. The entire world is moving to certified Scrum Masters from the Scrum Alliance, or the PMI institute's ACP, Agile Certified Practitioner certifications. I personally don't believe you need a piece of paper in order to succeed at anything in life, certainly not something so practical as Scrum framework or Agile PM methodology, however, the presence of such certifications on one's resume are becoming table stakes for working on the kinds of projects Omgeo undertakes on a regular basis for their many enterprise clients. One of the reasons for that is the requirement for documented realworld Agile / Scrum experience, along the lines of 2,000 - 5,000 hours at a minimum for many SM certs. Long story short, I don't think they have anyone working at Omgeo currently who was qualified to pass judgement on Scrum Master candidates. At least, that's how it seemed to me.
This interview process, for a consultant position, had all of the weight, stress and time consuming nature of an interview for a fulltime position. At one point, the hiring manager told me he didn't like working with contracts, because they were always looking for a permanent job or to leave soon. My thoughts were: put on your big boy pants and make a hire then. Or stop complaining during interviews, one or the other.
At every opportunity throughout this interview, whenever a question was asked, or I was not talking, each interviewer let it be known that their team is so young and inexperienced that they have no experience with, or even desire, to use Agile or Scrum framework. They mentioned that Omgeo is a "Revolving door", with guest foreign H1B visa workers and very headstrong (their word was 'Obstinate') programmers and development managers. Gosh, just what I was looking for...not.
I was continuously told that my predecessors had both become frustrated with working with the Omgeo team and had left for other contracts after a month (two in the case of my immediate predecessor). I was thought to myself: "Life is too short to waste, even in this nightmare economy". Decided to pass. i can get a better contract and work with people who won't make my miserable. I am a professional project manager, and I know now to avoid bad working situations. They are kryptonite to your career. Caveat emptor.
- How would you handle altercations both between developers and your team and yourself regarding their obstinate reluctance to work with Scrum framework? 1 Answer
Reasons for Declining
I could tell it was a working environment that would be too challenging, and I doubted their intentions to honor the term of the contract in question. They seemed to be hiding the true nature of the team's working environment and the frequent departures they seemed compelled to repeatedly mention during the interview.
Let us know if we're missing any workplace or industry recognition –
Omgeo's goal is to be a trader's best friend. The company develops post-trade, pre-settlement trade management software that processes transactions for major financial companies and brokerages. Its core product suite is designed to handle trades between investment managers and broker/dealers, including applications for managing settlement instructions. Other Omgeo tools are tailored for such financial instruments as equities and derivatives. The company also offers software for trade allocation and acceptance (OASYS) and comparison (TradeMatch). The company has more than...