Entry in Banking.. Finance..

[BrilloPad]

4. How will you cope with the 07:30 to 18:30 days week in week out, as well as the out of hours & weekends

Personally I have worked 07:00 to 16:00 Mon-Fri 99% of the time. Anyone who lets a bank get away with more needs to grow a pair.

HTH

[PM-Junkie]

Am I the only one who finds that intensely annoying. To me it says "I can't even be bothered to formulate a question. I just want to make it your problem instead of mine as easily as possible".

Except you have formulated a question, so go on then.

There aren't any recognised banking software courses, because (shock horror! -) banking IT isn't actually any different from normal IT. Yes industry knowledge helps, but that's the same with any industry. Best way in as a contractor is to be very good at your chosen technology (the high rates do attract the best - well, they used to), and then just wait for a project manager who isn't obsessed with requiring previous banking experience for no real reason.

Do read a few books though- the "Understand xxx in a day" series are good, and also something more substantial like John Hull. They like you to have made at least some effort.

I agree. It is helpful to be prepared for the mind-numbing stupidity, bureaucracy and empire building that goes on at banks....but these days it's the same everywhere.

[aceboy]

Personally I have worked 07:00 to 16:00 Mon-Fri 99% of the time. Anyone who lets a bank get away with more needs to grow a pair.

HTH

I think it depends on the area / house. Market Connections (ECN's) always seemed to get it pretty bad. Back office batched based systems also seemed pretty grim.

[BrilloPad]

I think it depends on the area / house. Market Connections (ECN's) always seemed to get it pretty bad. Back office batched based systems also seemed pretty grim.

Fair comment.

[aceboy]

Hi,

There are so many software developer roles in London as listed on Jobserve which need banking, finance, derivatives knowledge..

Are there any recognized courses or trainings available related to this functional knowledge which can enhance my chances of getting shortlisted for such roles??

Please advise..

Thanks,

Parry

Anyway.... here are a few options:

a) Work for a ISV that does city software, for example Trading technologies
b) work for a service provider, for example EDS
c) tap up some agencies.....
d) see if you know anyone who knows anyone...

Be warned, it is NOT a good sector to be in at the moment. rates are being cut, heads are being cut budgets are not yet finalised.....etc Then as the takeover / merger start taking effect the number of heads on the the street will increase

But I will wish you the best of luck

[AlfredJPruffock]

Hi,

There are so many software developer roles in London as listed on Jobserve which need banking, finance, derivatives knowledge..


Thanks,

Parry

Are Derivatives still legal ?

[denver2k]

Are Derivatives still legal ?

I think it is still legal but FSA trying to curb speculative trading...