How does one move into the banking sector as a contractor, obviously that is where the big money is, but every job ad asks for previous banking experience.
Is there a course that can be taken?
Is there a course that can be taken?
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Now if we told you that then everyone would do it..."Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas Jefferson -
Seriously though your best options are:
1) introduction (CV forward) from a mate who already works in banking
2) getting some experience as a permie and then go contracting."Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas JeffersonComment
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Thanks for the advice mate, just one other thing, how does the work differ from run of the mill dev work?Comment
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It doesn't really, but it is handy to know what you're talking about, especially regarding the instruments, measures, stats etc that you work with; I guess that is why they always ask for people with experience... especially when your client (traders/deal clearance teams etc) have little time to explain these things to you.
There are some courses available which may help, but really I'd recommend either of the options outlined above first, as experience will count for more than any course (pragmatically)."Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas JeffersonComment
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Also they use acronyms for things that don't make sense and if you haven't worked in the banking world you don't twid what they are talking about at first.
When I was working for barclays a few years back they used to call thier databases CDRs (Central Data Repository). Confused the hell out of me at first..
We have a problem with this CDR, it's going to cost millions to replace...
Eh? but they only cost like £1 a pop.
What are you talking about a CDR is in the region of ten of thousands
Erm...Comment
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So in other words i'm going to have to be prepared to feel like a bit of a chump initially, and for them to assume im not to bright?
Just until I learn this stuff.Comment
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IMO difference is the commuting. And the users are total morons - I get more sense out of my 5 year old kids.Originally posted by ToastaComment
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There is a book:
Options, Futures and Other Derivatives by John Hull
If you understand that, you're in.
Banks do accept "I've read a book".
They test people anywayI'm alright JackComment
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Great, i'll check it out. Thanks.Originally posted by BlasterBatesComment
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