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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| Database Portfolio Financial Systems Engineer - Database SQL Asset Management Portfolio Application Stock Selection Team - Database documentation query portfolio group | GQR Global Markets Up to $150,000 USD base (DOE) + competit... | Boston, MA, 02108 | 23 May 12 |
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By using the most sophisticated and cutting edge methods this institution has earned its reputation as a leade...
| New Business Sales – Financial Markets / Investment Solutions | Excelsior Professional Search Ltd Basic salary cUS$40-60,000, + commission... | Boston, MA, 02108 | 23 May 12 |
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Great opportunity to develop a career in sales for the financial markets, with an innovative investment soluti...
| Currency Management Software Developer | State Street Bank not disclosed | Boston, MA, 02108 | 22 May 12 |
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See job description below
| Financial Engineer, Risk Valuation products - Boston | Huxley Associates US$100000 - US$120000 per annum | Boston, MA, 02108 | 22 May 12 |
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The right candidate will have a Masters degree in financial engineering with a bachelors in a computational ar...
| Senior Developer | State Street Corporation not disclosed | Boston, MA, 02108 | 18 May 12 |
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See job description below
| Sr. Database Developer: Finance | Huxley US$85000 - US$110000 per annum | Boston, MA, 02108 | 17 May 12 |
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The ideal candidate will be very experience with SQL (PL/SQL is preferred) as well as Oracle, APEX, Toad and P...
| Lead developer (Microsoft stack) Financial applications - Boston | Huxley Associates US$95000 - US$130000 per annum | Boston, MA, 02108 | 16 May 12 |
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The lead developer will act as a role model/mentor within a dedicated development group responsible for the co...
| Practice Manager | The Bowdoin Group Annual | Wellesley, MA, 02482 | 23 May 12 |
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The Practice Manager for Technology in the Financial Services division would be responsible for the execution ...
| Risk Technology Program Manager - VP | Michael Page International $115,000 to $130,000 | Boston, MA, 02110 | 23 May 12 |
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The risk function provides support to many facets of the business to build tools and systems to analyze and ma...
| Sr. Database Developer - Sybase ASE, Transact SQL, Unix Scripting - 130924 | Interactive Data TBD | Boston, MA, 02113 | 22 May 12 |
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Sr. Database Developer - Sybase ASE, Transact SQL, Unix Scripting - 130924
| Quality Assurance - AVP | Michael Page International $90,000 to $110,000 with bonus and benef... | Boston, MA, 02110 | 18 May 12 |
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QA Analyst - AVP Our client is a large financial services firm with a global reach, URGENTLY seeking a Qualit...
| QA Manager - Financial Systems | Michael Page International Excellent Salary 90,000 to 125,000 with... | Boston, MA, 02110 | 16 May 12 |
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QA Manager - Financial Systems --- A leading developer of trading systems with customers spanning the glob...