Distinguished engineers and technical fellows at banks represent the highest level of technologists at banking institutions.
This elite group is selected through an extensive process highlighting technical prowess and influence in the company.
Goldman Sachs announced its class of 111 technical fellows, representing the top 3% of engineers at the bank.
Meanwhile, Morgan Stanley's distinguished engineers are responsible for solving enterprise-wide technical issues.
Distinguished engineers, technical fellows, and technical influencers help determine and execute long-term firm-wide tech strategies.
Starting a career as a distinguished engineer is highly sought after by technologists in the banking industry.
Goldman Sachs and Morgan Stanley determine the technical fellows and distinguished engineers through nomination by senior management and current DEs and TFs.
Beyond technical excellence, banks value contributions to the firm's technical reputation and mentoring and coaching skills when selecting DEs and TFs.
The rise in the influence of distinguished engineers and technical fellows highlight that technology talent is becoming increasingly valuable in finance.
These positions become integral in solving challenging business problems, and their contributions can sometimes go unnoticed by the broader firm.