Goldman Sachs is doing some big tech hiring in San Francisco

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Goldman Sachs appears to be hiring aggressively for its San Francisco office. If you’re an excellent computer engineer looking for a new gig out west, then you may be in luck.

The firm is currently advertising over 50 engineering positions in its San Francisco office, many of them in its consumer and commercial banking (CCBD) division, and therefore related to Marcus, its online personal lending platform. Goldman's Marcus engineering roles are also located in New York, Chicago, Salt Lake City and Dallas/Irving, Texas.

The new opportunities in San Francisco include back-end developers and “scrum masters” at the analyst, associate and vice president levels, plus software development operations (DevOps) and application development teams.

Goldman declined to comment on whether the moves represent a decision to build its engineering capabilities in the San Francisco market.

By hiring in SF, Goldman is going head to head with the big tech firms like Google and Facebook, which are typically seen as more attractive employers. Many of the new roles require several years experience, meaning Goldman will be competing directly with tech rivals for staff in the city.

During its fourth quarter investor call, Goldman Sachs said it grew its online deposits via Marcus to $5bn last year, and made $2.3bn of unsecured loans.

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