I didn't have any relevant sector experience but luckily fell into it via technical expertise that I was able to offer. A couple of years in this IB have sorted me right out financially (well it would have but wife and kids etc etc. Why doesn't she understand that it's only a contract and I won't be earning this amount forever? Anyway I digress...).
Banking led us into this economic crisis but appears to be the one industry that is still performing relatively well, no doubt thanks to the massive bailouts. Even the financial institutions that haven't received bailout money are doing well (OK NR excluding). Recently I've seen an increasing amount of activity recently in this sector.
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Reply to: Current .NET banking rates
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Previously on "Current .NET banking rates"
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£300 a day up Norf - 2 weeks ago I was on £200 a day in the midlands
Things are looking up for me!
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Agent’s claims of ‘Investment Banking experience essential’ is strange thing; most have no idea what it means. I was once told that I had no current IB experience because I had moved from a company with ‘Bank’ in its name to one with ‘fund management’ in it (i.e. from the sell to the buy side). Nothing I could say would change the mind of the agent, “My client is very strict on this. Candidates must have current IB experience”.
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Really are no extra "skills" required unless the particular role requires a specific submarket knowledge (and even then to be honest one could figure it out pretty quickly).Originally posted by dx4100 View PostSo as far as "skills" go there is nothing you can know to give you a better chance?
It's really an issue of getting past the banking sectors "we are special and anyone who is not already in banking is not" mentality, unfortunately that can be hard to do as first you have to get a pimp willing to take risk by using up one of his candidate slots on you by putting your cv forward, then another in the client actually willing to interview you, in current market neither is really likely as many people with the experience currently looking for roles
Unless you get though the back door via a consultancy best chance is when the boom times again, banks loosen up requirements then as the rates tend to go though the roof while candidates get rather thin on the ground, thus some become willing to take the "risk" on those without previous banking
ps: Oh and once you are in, don't leave. "Banking Experience" more than 3 years old is about as useful as no experience, or you would think so by the way agents act.Last edited by Not So Wise; 4 August 2009, 15:03.
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Knowledge of BAILOUT 2.0 is nice to have .Originally posted by dx4100 View PostSo as far as "skills" go there is nothing you can know to give you a better chance?
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Previous banking experience or luckOriginally posted by dx4100 View PostI would loved to get into banking. Do you need anything other than the standard .net skills ?? Is there anything specialist you need ?
Otherwise only real way is to get in is though the back door, aka a consultancy
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Agreed. C sharp and banking are in demand. I ve seen a ton of specs with these requiredOriginally posted by DBaines View PostJust got a long term gig @500/day.
Speaking to the recruitment guy, they are having trouble getting good CVs from the agencies. So I would say things are on the up.
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Just got a long term gig @500/day.
Speaking to the recruitment guy, they are having trouble getting good CVs from the agencies. So I would say things are on the up.
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Current .NET banking rates
What's the state of the market for a a decent .NET/SQL developer in back office?Tags: None
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