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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| C++ Developer | IJC Partners, LLC. Base+Bonus | Los Angeles, CA | 22 May 12 |
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Growing Hedge Fund in Southern California is looking for Junior to mid to senior level C++ developers to play ...
| Senior Java Developer – Market Data | LA | California | USA | | Selby Jennings Contract Negotiable | Los Angeles, CA, 90001 | 21 May 12 |
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Investment bank in California are looking to hire a Senior Java Developer in their Fixed Income Analytics team...
| Java Software Developer, Application Development | Wilshire Associates, Inc. Competitive Salary plus Bonus Opportunit... | Santa Monica, CA, 90401 | 17 May 12 |
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Wilshire Associates is seeking a talented Application Software Developer within its Analytics Business Unit. ...
| JAVA / J2EE | Not Disclosed Highly Competitive Base Salary + Bonus +... | Los Angeles, CA | 07 May 12 |
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Outstanding opportunity to leverage technical, functional, and strategic skills. This is a highly-visible rol...
| Sr Software Developer | First Quadrant Competitive based upon experience | Pasadena, CA, 91101 | 23 May 12 |
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This position is within our Investment Technology programming team which supports First Quadrant's in-house bu...
| Lead C++ Programmer Architect | Pacific Investment Mgmt Company not disclosed | Newport Beach, CA | 22 May 12 |
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Team Lead Developer
| Senior UI Developer #2- Attribution | Pacific Investment Mgmt Company not disclosed | Newport Beach, CA | 22 May 12 |
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The candidate should demonstrate advanced understanding of general systems concepts/computer science fundament...
| Financial Systems Analyst - Programming/Accounting - Financial Services Job | SunAmerica Financial Group Competitive | Burbank, CA, 91501 | 22 May 12 |
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See Job Description
| Business Reporting Associate | Western Asset Management Company Competitive | Pasadena, CA | 16 May 12 |
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The Business Reporting Associate will work on a four person team within the Client Service Support department ...