Breaking into banking and finance

[BoredBloke]

There is nothing stopping you putting your CV out and see if you get any bites. That's probably the best test.

[eek]

There is nothing stopping you putting your CV out and see if you get any bites. That's probably the best test.

Make sure its a proper bite with an interview not just an agent expressing interest. They usually have a crap idea of what really interests a client.

[yamamma]

Is the reason you want to get into banking just for more money?

be careful what you wish for. it can be painful. This has been discussed many times before. The standard of people required in banking tend to be higher IMHO, but also you need to have the patience of a saint to get anything done, be fairly aggressive to stay alive, be able to play the political game but also, put all those use cases you looked at in any certification exams you have done into action, where other companies have never needed them.

Working in a banks great experience for your cv, fairly good rates, but be prepared to give your pound of flesh.

yeah i've heard that as well, i figure i might as well have a crack before i have kids etc. I'll probably want something less stressful once im there's a family in the equation

[DeludedAussie]

yeah i've heard that as well, i figure i might as well have a crack before i have kids etc. I'll probably want something less stressful once im there's a family in the equation

What sort of contract rate would you be happy with?

Is it worth working in finance for 550 a day when you can get that elsewhere with less grief?

[Scrag Meister]

I've been a developer in banking for 4 years, 3 contracts and all of them have been very fair, no expectation of superlong hours and a good rate to boot. I suspect that it depends on your business managers view of contractors whether the contract is enjoyable or not.

Personally I work 8 hour days, but am willing to put the hours in if some exceptional circumstance arises.

Pay has always been punctual, personally I would recommend it.

[NorthWestPerm2Contr]

I am starting a gig next week in financial sector oop north. It means I will have big name on my CV but I won't be working in the core business (i.e. banking data). Anybody got an idea if that makes a difference or is it just the name that helps you move into the financial sector e.g. investment banking, hedge funds etc.

[yamamma]

What sort of contract rate would you be happy with?

Is it worth working in finance for 550 a day when you can get that elsewhere with less grief?

550? i wish......
Maybe 3-4 years ago...
Basically for my line of work finance seems to be paying around £50-100/day more than other private sectors. There also seems to be more contracts in finance and banking than in other places. Also tbh the finance company where i work - they arent too bad in terms of hours they expect you to work. Only thing is if you make a giant cock-up expect to get walked out, but as i mentioned earlier this would only happen if you're a real cowboy and ignore processes......if its just human error, people are understanding.