• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

  • You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
  • You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
  • If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Previously on "Finance Job Market & A Better CV?"

Collapse

  • GB9
    replied
    Oooop North bank roles seem few and far between. Got called re: pm role for LBG (Halifax) yesterday with a rate at £383 / day. Same agent sent me an e-mail for a BA role with the same company mid-Feb at £405, so definitely trying their luck. Not that much else about.

    Leave a comment:


  • stek
    replied
    Finance Job Market & A Better CV?

    And don't forget SEPA!

    Leave a comment:


  • flambo
    replied
    Finance Job Market & A Better CV?

    Originally posted by MrMarkyMark View Post
    Ah, the wonderful world of finance .

    At present yearly budgets are being fought for, no one has got their filthy mitts on them yet .

    Areas where the spend will happen, project wise:-

    Credit Risk
    Market Risk
    Operational Risk
    Regulatory reporting
    Transition
    New technologies to crunch the numbers quicker, real time.

    A split of consultancies and individual contract. Obviously, chances of being recruited by consultancy for contract, also.

    That's how I see investment banking at the moment.

    Good Luck!
    That's very true. The permies are also enjoying the delicious doughnut centres received as comp for 2012.

    Have actually started to get calls today & interviews for roles I was submitted for 2 weeks ago by big finance shops. Turns out the agents were telling the truth about clients taking forever to turn things around.

    So it seems as though there is more movement in the market for IB roles, for all us in the fun filled world of finance its a positive sign. Jobserve was also not like watching a tulip version of ground hog day as there were actually new roles being posted - quite a few too.

    New Tech - Scala is gaining more momentum, which for a Java dev is good news if you've used it. IDE support much better as well so it could be an option to add this skill to your jaunty bonnet.

    Cheers and good luck to all those looking at the moment. Things have to pick up. I mean, my wife's Jimmy Choo collection is not exactly going to buy itself...
    Last edited by flambo; 4 March 2013, 22:22.

    Leave a comment:


  • MrMarkyMark
    replied
    Ah, the wonderful world of finance .

    At present yearly budgets are being fought for, no one has got their filthy mitts on them yet .

    Areas where the spend will happen, project wise:-

    Credit Risk
    Market Risk
    Operational Risk
    Regulatory reporting
    Transition
    New technologies to crunch the numbers quicker, real time.

    A split of consultancies and individual contract. Obviously, chances of being recruited by consultancy for contract, also.

    That's how I see investment banking at the moment.

    Good Luck!

    Leave a comment:


  • Andy Hallett
    replied
    Originally posted by flambo View Post
    After reading more threads here I've realised the question about jobs has already been answered - senior IB dev jobs in London are very difficult to land at the mo.

    The CV bit - anyone have thoughts on that?
    I don't think a CV writing service will give you anything the folk on here can't, in addition CUK won't charge you £50.

    My advice (as always) would be to get to know some agents who specialise in your technology and sector and ask them for their thoughts on your CV.

    Leave a comment:


  • NorthWestPerm2Contr
    replied
    Originally posted by GB9 View Post
    Agree with that and recently had a second interview for s very senior role. Only when it became evident there was a significant sales aspect to it did I say no. Part of me wishes I had just taken the risk but then i'm not used to committing myself to things I am unsure I can deliver. That's a definite no no in the contract market but maybe ok in the permie world?

    Other than that, I agree with the erlier comments re: roles. Always been used to getting interviews and then the gig, but recently, interviews have been slow to come, and when I have had them they have been very flaky, with the client not really sure what they are after. And as stated, rates significantly lower and the prospect of having to work away thrown into the mix.
    Tough times.....

    I hope things pick up by June
    Last edited by NorthWestPerm2Contr; 4 March 2013, 14:06.

    Leave a comment:


  • GB9
    replied
    Originally posted by northernladuk View Post
    IMO the right permie role is not to be sniffed at in the current market. If it comes with a reasonable wage, working on new technologies with scope for training and some excellent experience it would be worth considering to brush up your skills and possibly give you the ability to push your rates up.

    Don't be too quick to discount IMO.
    Agree with that and recently had a second interview for s very senior role. Only when it became evident there was a significant sales aspect to it did I say no. Part of me wishes I had just taken the risk but then i'm not used to committing myself to things I am unsure I can deliver. That's a definite no no in the contract market but maybe ok in the permie world?

    Other than that, I agree with the erlier comments re: roles. Always been used to getting interviews and then the gig, but recently, interviews have been slow to come, and when I have had them they have been very flaky, with the client not really sure what they are after. And as stated, rates significantly lower and the prospect of having to work away thrown into the mix.

    Leave a comment:


  • northernladuk
    replied
    IMO the right permie role is not to be sniffed at in the current market. If it comes with a reasonable wage, working on new technologies with scope for training and some excellent experience it would be worth considering to brush up your skills and possibly give you the ability to push your rates up.

    Don't be too quick to discount IMO.

    Leave a comment:


  • redgiant
    replied
    Originally posted by flambo View Post
    That pretty much mirrors what's happened to me. Previously I'd get a call for the vast majority of roles I applied for and would almost certainly land an interview. So far in 2 weeks I've had one interview for a senior dev role for an IB in Canary Wharf after passing a phone screen only to be told 30 mins before the interview, by my agent, that the role had already been taken. Was suitably impressed with that.

    Am already looking to chop £100 off my day rate to just get anything in the meantime.

    Funny times. But then next week you could get 50 calls and interviews lined up.

    Good to brush up your skills though. An getting through a tonne of books a have put a block on my computer to stop me reading reddit
    I'm finding it the same in the FS sector although I'm not a dev (I'm a PM & PMO Lead) and it's been like that since the mid-November. I'm doing p/t consultancy work for several clients (all non FS) for the moment but would like to get involved with a large longer term project again soon ideally.

    During the non-billable time I'm putting myself through the PMP exam and skilling up in a few new tools.

    Leave a comment:


  • flambo
    replied
    That pretty much mirrors what's happened to me. Previously I'd get a call for the vast majority of roles I applied for and would almost certainly land an interview. So far in 2 weeks I've had one interview for a senior dev role for an IB in Canary Wharf after passing a phone screen only to be told 30 mins before the interview, by my agent, that the role had already been taken. Was suitably impressed with that.

    Am already looking to chop £100 off my day rate to just get anything in the meantime.

    Funny times. But then next week you could get 50 calls and interviews lined up.

    Good to brush up your skills though. An getting through a tonne of books a have put a block on my computer to stop me reading reddit

    Leave a comment:


  • BolshieBastard
    replied
    Originally posted by flambo View Post
    After reading more threads here I've realised the question about jobs has already been answered - senior IB dev jobs in London are very difficult to land at the mo.

    The CV bit - anyone have thoughts on that?
    Last year, I got offered a contract for every application I made. So out of the 5 offers, I accepted the 2 I wanted most and fitted my requirements.

    So far this year, out of a (literal) tulipload of applications for jobs and follow up, I havent had a sniff of an interview.

    I keep on top of my cv. Page one is profile, skills and achievements with page 2 my last 2 or 3 roles and page 3, one liners going back to the late 90's.

    IMO, if you are applying for roles on the job boards, you're generally wasting your time tailoring the cv to fit because the agents already have their 3 candidates lined up. How do I know? Past experience of being contacted by agents for roles and having an interview arranged then a few days later seeing the agent advertise the same role on the boards.

    If the agent contacts you and asks for your cv then yes, you can tailor or enhance it to fit.

    I've asked 3 manager colleagues to review my cv and pull no punches with what they think will improve it. Not being cocky but I dont think they'll come back with anything major because up to the beginning of this year, it was doing its job.

    Agents tell me many of their clients are not recruiting and those that are, are taking permies. And Im not talking 1 or 2 agents saying this either.

    Im seeing lots of outright phishing jobs advertised. Only yesterday there was a manual tester role advertised in Glasgow, 500 quid a day. Yeah right. That's double what a client in Glasgow would pay a manual tester on a good day, never mind in a tulipe market.

    If you look at jobswerve stats, they show something like 13,000 permie advertisments compared to about 8,000 contract.

    Leave a comment:


  • flambo
    replied
    After reading more threads here I've realised the question about jobs has already been answered - senior IB dev jobs in London are very difficult to land at the mo.

    The CV bit - anyone have thoughts on that?

    Leave a comment:


  • flambo
    started a topic Finance Job Market & A Better CV?

    Finance Job Market & A Better CV?

    Evening all

    I've just ended a 2.5 year gig at a bank in London and have found the job market very slow (core skill Java). Turnaround time to getting a 1st interview seems to be in the order of weeks for the high day rate contracts. Am considering lowering my rate to below what was easy to land 3 years ago. The current client also slashed contractor pay recently (2nd time in a year). The pimps tell me there are a lot of people looking at the minute and that the big players are still cooking the books and are being indecisive. Who knows.

    Even considered going permie...

    Only joking.

    How are others finding landing finance jobs in London at the mo? I've only been looking for a few of weeks but can't remember it being this bad for years.

    Also - the CV. Do you guys get it checked by a pro company at all? I just assume my CV is okay but maybe it would be beneficial to get it checked and done by a reputable company for £50. Could pay for itself very quickly.

    Cheers

Working...
X