Moving into banking

[Lockhouse]

Say you're experienced in change management and know excel macros backwards and forwards.

There's a lot of truth in that, plus mention Mifid and how you did SOX implementation - well it can't hurt.

[lilelvis2000]

Say you're experienced in change management and know excel macros backwards and forwards.

[cottonfoo]

Unfortunately I'm rather competent at what I do do, so will show them up that way instead

I guess I will just apply for all the 650-a-day jobs I see that I think I can do

[hugebrain]

Maybe someone here has managed to do it, but how do you move into banking, when all the banking jobs require experience?

Cheers.

Find a job at a bank on a project that is being run by a firm of consultants. They will want any contractors to be as inept as possible (to make themselves look good by comparison). Your lack of banking knowledge will be a plus!

[Agent_Orange]

I think agents like to send people with financial experience, but over the last year or so, financial experience has become less important with certain roles. Obviously if it's a front office role and you're needed to hit the ground running, the business knowledge (and normally commercial proof of this!) is essential.

Personally, I think in the past clients of mine have missed out on some very strong developers because of not wanting to see anyone that had didn;t have experience.

[Magnus]

I don't know what the situation is in the UK, but where I am (Sydney) a lot of small software houses take on work for banks and financial institutions, and it's a lot easier to get an interview with a s/w house (who hires contractors depending on projects they're given) if you have the general technical know-how. That should give you a good intro to banks in the square mile, especially if your job involves some quality facial time with the software shop's client, shouldn't it?

[realityhack]

I got in by working direct for the finance part of a law firm on a small 3 month project. Nice Magic Circle firm - looks good on your resume.
Anyway - banks don't like parting with their cash and don't pay that well... think before you leap.

[cottonfoo]

I see a fair amount of perl/sybase roles going at not bad rates, I'm confident I can do the work to spec as usual, but can't get my foot in the door. I'm looking for something along the lines of developer (in perl) or unix SA, or a mixture of the two, that isn't full of banking buzzwords. I'm currently working at a startup dealing in foreign exchange so I won't be totally green.

[snaw]

Apply and hope for best. It's not exclusive, just preferred - if you're good enough they'll take you no matter what. guess the hard bit is getting past the agents - or work for a smaller financial might also do the trick.

[realityhack]

What aspect of banking and what role?

[EqualOpportunities]

Yeah I thought something like that might be on the cards. That's me out then, I'm tulip at that and haven't even lied on my CV!

Amateur

[cottonfoo]

Yeah I thought something like that might be on the cards. That's me out then, I'm tulip at that and haven't even lied on my CV!

[EqualOpportunities]

Maybe someone here has managed to do it, but how do you move into banking, when all the banking jobs require experience?

Cheers.

Lie.

[cottonfoo]

Maybe someone here has managed to do it, but how do you move into banking, when all the banking jobs require experience?

Cheers.