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Information Technology jobs: eFinancialCareers

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Information Technology

In this sector, you'll find all of our Information Technology jobs, or IT jobs, in investment banks, asset managers, hedge funds, private equity funds, insurance companies and other financial services firms.

Good technology is often the important factor that puts one financial services company ahead of its competitors. Technology can also help the organization save money by speeding up processes and increasing efficiency. As a result, firms in the financial sector spend a very large amount of money on IT recruitment.

The biggest user of technology in an investment bank is the trading floor and everything related to it. Technology may be required to help with buying and selling financial products electronically, processing them through smart-order routing systems or communicating to help trades go through smoothly and quickly. These multimillion dollar technology projects are absolutely crucial to successful operations.

IT careers in financial services fall into five separate departments. These are usually development, business analysis, project management, infrastructure and technical support.

Developers are at the frontlines of the IT department. Some development jobs may require developing completely new systems in-house, which offers opportunities for developers using Java or other coding languages to use their knowledge. Often, however, banks buy software off the shelf from third-party companies. In these cases, the developer will need to modify the software to serve the institution's particular needs or integrate it into existing systems.

When creating systems for flow products like equities or FX, developers aim for "low latency" or to reduce the amount of time taken while executing and processing a trade.

Business analysts connect with both the IT department and the business side of the organization, investigating how technology can be used to improve the bank's competitive advantage.

Meanwhile, project managers will take the reins of the new venture once it's been given the go-ahead. Project management roles are strategic and involve planning, structuring and eventual completion of the projects. Project managers work with a team of developers, liaise with third-party vendors and are answerable to the business should plans go awry.

Those in technical support jobs solve problems when they arise on the trading floor. Infrastructure roles deal with the nuts and bolts of IT - everything from servers to operating systems to databases.

This section also includes IT jobs working for third-party vendors, which specialize in providing software for a particular sector.

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Global Financial Services Practice: Senior Consultant, Capital Markets / Cash Equity	Michael Page International - US Competitive	New York City, NY	20 May 13

4 – 8 years of experience in the financial services industry (Big Four or top tier management consulting exper...

Risk Manager / Counterparty Credit Risk	Comprehensive Recruiting Outstanding compensation, benefit and re...	Charlotte, NC	19 May 13

Leading Financial Service firm is looking to add a Risk Manager who will be responsible for defining and devel...

Sr. Risk Manager	Comprehensive Recruiting Outstanding compensation, benefit and re...	Charlotte, NC	19 May 13

Our client is looking to add a Senior Risk Manager to their Counterparty Risk Management Group that will be re...

JAVA Server-side developers - urgent	DTG Capital Markets 120-175k + bonus	New York City, NY	19 May 13

Senior server side Java developers will join strong team of hard core software engineers working on high perfo...

Quant Developer / Analyst	Comprehensive Recruiting Competitive compensation and beneift pla...	Philadelphia, PA	19 May 13

Leading Financial Service firm is looking to add a Quantitative Developer/Analyst to their Equity Risk team.

.Net Developer	Morgan Stanley Competitive	New York City, NY	19 May 13