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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| Business Facing Developer | Campbell North £60,000-£80,000 + Lucrative Share Option... | UAE-Abu Dhabi | 16 May 13 |
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Are you a UK/EU Citizen that is interested in working in the UAE?Tax- free lifestyle working for the next Face...
| Business Continuity Manager | Barclay Simpson £70-£80,000 TAX FREE +bens+bonus | UAE-Abu Dhabi | 16 May 13 |
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Business Continuity Manager - UAE - Telecoms
| Senior Business Analyst (Private Equity, Implementation, Consulting) | Anson McCade £40k - £95k Tax Free + Discretionary Bon... | UAE-Abu Dhabi | 15 May 13 |
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My client is a major software implementation company specialising in financial services looking for a Busines...
| Risk Manager - Payment Technology | Frontier IQ AED45k - AED55k | UAE-Dubai | 08 May 13 |
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Our client is a leading payment technology company and looking for a regional risk manager for the MENA region...
| Senior IT Project Manager | Change International GBP1 per annum | UAE-Dubai | 29 Apr 13 |
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Change International has a residential permanent position in Dubai for a Senior IT Project Manager
| Senior Product Manager | Abu Dhabi Commercial Bank Ltd Competitive | UAE-Abu Dhabi | 18 Apr 13 |
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Develop the direct debit product program and be leading the change for the implementation of direct-debits pro...