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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| Senior C++ developer, California | Carlton Senior Appointments $150 - $250 per annum, Benefits: Up to $... | New York City, NY | 22 May 13 |
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5-15 years experience financial services infrastructure developer sought for top tier California based hedge f...
| C/C++ Software Engineer (full-time/12 month+ contract) – Electronic Trading | Futures Group IT, LLC $700-$800+ per day | New York City, NY | 22 May 13 |
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Global R&D team is seeking C/C++ Software Engineers to build cutting-edge solutions at the forefront of Electr...
| Quantitative Analyst -- MBS Statistics and Data | Hudson Placement Group Highly competitive | New York City, NY | 22 May 13 |
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Dynamic MBS hedge fund has opening for data analyst/statistician
| Business Analyst - FACT IT Development | Morgan Stanley Competitive | New York City, NY | 22 May 13 |
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| CIB - Securities Lending - Java Developer - Associate - Brooklyn NY | J.P.Morgan. Competitive | Brooklyn, NY | 22 May 13 |
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| Executive Director - Business Intelligence Product Lead; JP Morgan Markets (JPMM) | J.P.Morgan. Competitive | New York City, NY | 22 May 13 |
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| CIB Technolgy - Environment Engineer - ETL - Associate - Brooklyn, NY | J.P.Morgan. Competitive | Brooklyn, NY | 22 May 13 |
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| CIB Technology - Reference Data - Agile Process Coach - Vice President - NY | J.P.Morgan. Competitive | New York City, NY | 22 May 13 |
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| CIB - Infrastrcuture Information Risk Manager - Vice President - New York | J.P.Morgan. Competitive | New York City, NY | 22 May 13 |
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| Technical Business Analyst - Global Investment Bank - Manhattan, New York | Selby Jennings Circa $130,000 - $160,000 plus bonus and... | New York City, NY | 22 May 13 |
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Technical Business Analyst ? Global Investment Bank - Manhattan, New York
| Front Office C++/Java Developer Fixed Income/Commodities Derivatives | Selby Jennings Circa $120,000 - $180,000 plus bonus/ben... | New York City, NY | 22 May 13 |
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Front Office C++/Java Developer Fixed Income/Commodities Derivatives Manhattan, New York
| Network Engineer/ Systems Administrator/ Boutique Quantitative Trading Team (20 New York employees) - Manhattan, New York Boutique Quantitative Trading Firm - Manhattan | Selby Jennings Circa $100,000 - $150,000 plus quarterly... | New York City, NY | 22 May 13 |
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Network/Systems Administrator/ Boutique Quantitative Trading Team (20 New York employees) - Manhattan, New Yor...
| Senior Java Algo Programmer- Equity Derivatives | Selby Jennings $140000 - $170000 per annum, Benefits: b... | New York City, NY | 21 May 13 |
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Senior Java Algo Programmer? Equity Derivatives Global Leading Investment Bank, Midtown, Manhattan, NY
| Software Engineer/Architect C++ - Trading Systems - NYC | Analytic Recruiting Inc. Commensurate | New York City, NY | 21 May 13 |
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Major investment bank seeks expert software engineers with expert level C++ software development skills.
| Quality Assurance Manager – Electronic Payments - CBAF - Financial Services Group | Federal Reserve Bank Not Specified | New York City, NY | 21 May 13 |
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Quality Assurance Manager
| Algorithmic Smart Order Development | Rimrock Associates, Inc. 150k-300k | New York City, NY | 21 May 13 |
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Contribute to designing a state of the art Smart Order Router. This component uses real time market data, qua...
| C#/C++ Trading Developer | Rimrock Associates, Inc. 150-300k | New York City, NY | 21 May 13 |
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This is an opportunity to work with one of the premier Algorithmic Trading teams on Wall Street.
| Statistical Arbitrage Desk Developer | Rimrock Associates, Inc. 300,000-500,000 | New York City, NY | 21 May 13 |
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• Experience in equity statistical arbitrage or quantitative strategy development preferred. Experience with E...
| Director, QA Engineering | McGraw Hill Financial salary plus bonus | New York City, NY | 21 May 13 |
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QA Engineering NYC or Colorado
| Senior Java Developer | NationStaff, Inc. 150K | New York City, NY | 21 May 13 |
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Our Client is a leading provider of information and technology solutions to the global financial community. Th...
| Technology Equity Research | GW Search 100k plus | New York City, NY | 21 May 13 |
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A global investment firm investing across a broad range of assets are currently in the market for an equity re...
| Associate DCS - Data Center Services | Morgan Stanley Competitive | Brooklyn, NY | 21 May 13 |
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| Senior Java Developer | Morgan Stanley Competitive | New York City, NY | 21 May 13 |
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| Senior Developer | Morgan Stanley Competitive | New York City, NY | 21 May 13 |
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| Product/Service Manager | Morgan Stanley Competitive | New York City, NY | 21 May 13 |
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| CIB - Applications Developer - Associate - Brooklyn | J.P.Morgan. Competitive | Brooklyn, NY | 21 May 13 |
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| CIB Technology - Environment Engineer - Database - Associate - Brooklyn, NY | J.P.Morgan. Competitive | Brooklyn, NY | 21 May 13 |
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| CIB Technology - Banking and Research - Technical Project Manager - Vice President - NY | J.P.Morgan. Competitive | New York City, NY | 21 May 13 |
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| CIB Technology - Clearnig and Collateral Management User Interface and User Experience Lead- VP - NY | J.P.Morgan. Competitive | New York City, NY | 21 May 13 |
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| CIB Technolgy - Environment Engineer - ETL - Associate - Brooklyn, NY | J.P.Morgan. Competitive | Brooklyn, NY | 21 May 13 |
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See job description for details