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Jobs in Information Technology
The right IT systems and the right technology are critical in the financial sector. From high tech trading floor systems to highly encrypted financial data, IT underpins the success of the modern financial industry. Not surprisingly, there are jobs for IT specialists across the field, with banks, financial services firms and financial companies of all kinds.
Types of IT Careers in the Finance Industry
IT developers are the specialists, developers and coders who write and design systems and software. Whether working in-house for a bank, or for a third party vendor whose products will be bought off the shelf, developers are at the forefront of 'low latency' - aiming to speed up the amount of time it takes to process a transaction or trade.
Business analysts blend the IT world with the business world, investigating how IT can be best used to the company's advantage, and reporting to both sides on progress.
Project management roles are some of the most lucrative in financial IT. Project managers will plan, structure and implement major new IT projects, and are answerable for the success of the end result.
Some of the most pressurised financial IT roles are those in IT technical support. Technology support analysts and client support analysts are the first port of call when a problem arises on the trading floor or in the back office. Diagnosing and fixing IT problems is the major part of the job, often in very time critical situations.
Routes into Financial IT
The most promising candidates for IT roles in the finance industry are those with a degree which blends both IT and business or finance.
For developer roles, a strong understanding of cutting edge techniques is needed, as well as a thorough understanding of robust security. Business analysts are often recruited following an MBA, while successful project management candidates also often have an MBA, or a project management degree with an IT specialisation. Technology support applicants are advised to investigate certification in the most widely used financial systems.
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