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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| Financial Technology - Business Consultant | Eze Castle Software, LLC Compensation includes a competitive base... | Chicago, IL, 60606 | 23 May 12 |
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Business Consultants are responsible for implementing the Eze OMS and managing the company's client relationsh...
| Financial Services Office - Advisory Services Manager - Operations Improvement | Ernst & Young Not available | Chicago, IL | 23 May 12 |
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Ernst & Young currently has a career opportunity for an individual in FSO's Technology Enablement group. You w...
| C++/Linux High Frequency Trading Developer/Strategy Implementation – (FX/Commodities) | Selby Jennings Technology Circa $150,000 - $175,000 base salary wi... | Chicago, IL, 60601 | 23 May 12 |
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C++/Linux High Frequency Trading Developer/Strategy Implementation – (FX/Commodities) 50 Person Multi-Asset P...
| Junior Python / QT / Gtk Developer – Front Office Trading Team | Selby Jennings Technology $80,000 - $120,000 plus competitive bonu... | Chicago, IL, 60601 | 23 May 12 |
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Junior Python / QT / Gtk Developer – Front Office Trading Team Global Market Making / Proprietary Trading Fir...
| Manager, Co-Location Business Development | CME Group not disclosed | Chicago, IL, 60601 | 23 May 12 |
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See job description below
| C++ Technical Lead - (Risk Portfolio Construction Group) | Citadel, LLC Competitive | Chicago, IL | 23 May 12 |
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About Citadel: Established in 1990, Citadel is a leading global financial institution that provides asset man...
| Senior Systems Analyst | CME Group not disclosed | Chicago, IL, 60601 | 22 May 12 |
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See job description below
| Information Developer II | CME Group not disclosed | Chicago, IL, 60601 | 22 May 12 |
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See job description below
| Fixed Income Portfolio Developer - C# GUI | UBS AG - Investment Bank Commiserate with experience | Chicago, IL | 21 May 12 |
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Sr. Developer for Fixed Income Portfolio and client facing technology - C# GUI
| Program Manager | Interactive Data TBD | Chicago, IL, 60601 | 21 May 12 |
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Program Manager
| CMS Developer - Product Development | Fitch Inc not disclosed | Chicago, IL, 60601 | 21 May 12 |
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Participate in the development and maintenance of Fitch's corporate and subscription website applications usin...
| Network Engineer | Interactive Data TBD | Chicago, IL, 60601 | 21 May 12 |
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Network Engineer
| IB Tech - Global Securitized Products - Asset Backed Commercial Paper: Developer / Business Analyst - Associate - Chicago | JPMorgan Competitve | Chicago, IL, 60601 | 21 May 12 |
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Please see the job description
| Sr. SQL Developer | PEAK6 Investments, LP not disclosed | Chicago, IL, 60601 | 14 May 12 |
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See job description below
| JAVA / J2EE | Chase Winters Worldwide, Inc. Highly Competitive Base Salary + Bonus +... | Chicago, IL | 07 May 12 |
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Outstanding opportunity to leverage technical, functional, and strategic skills. This is a highly-visible rol...