Getting a contract in the banking world

[Untouchable1]

I've been contracting as a project manager for almost 3 years. The majority of my work has been digital project such as ios/android app and web builds, but I have a background in IT so quite enjoy interating with big ole horrible backend systems.

I generally get rates in the region of £450-£500 which is quite good for digital work.

Now I want to dip my toes in the finance water and go for the big rates. But the problem is that I have no experience.

Speaking to my mates in FS it's clear that the industry is full of useless lazy muppets () and I expect I'd be doing a better job than them within a couple of weeks. But no experience is, as we know, a big blocker.

So, does anyone have any bright ideas or suggestions on how I might get into the industry without any noticing that I've got no background in it?

Untouchable1

p.s. if 10% of the responses have some value I'll be happy! There is plenty of scope for pisstaking in this thread...

[flamel]

I've been contracting as a project manager for almost 3 years. The majority of my work has been digital project such as ios/android app and web builds, but I have a background in IT so quite enjoy interating with big ole horrible backend systems.

I generally get rates in the region of £450-£500 which is quite good for digital work.

Now I want to dip my toes in the finance water and go for the big rates. But the problem is that I have no experience.

Speaking to my mates in FS it's clear that the industry is full of useless lazy muppets () and I expect I'd be doing a better job than them within a couple of weeks. But no experience is, as we know, a big blocker.

So, does anyone have any bright ideas or suggestions on how I might get into the industry without any noticing that I've got no background in it?

Untouchable1

p.s. if 10% of the responses have some value I'll be happy! There is plenty of scope for pisstaking in this thread...

You absolutely must have FS on your CV - try smaller banks - anything, even shoe shining/orange peeling if it gets FS on your CV. Once you're in, its all ok. You also have to go through a vetting process where they look for "employment" history for the previous five years and want explanations of any gaps in between plus credit rating etc etc plus a personal reference plus details of any trips abroad blah blah blah. Look at Background Checks & Employment Screening Services| SterlingBackcheck
Hope that helps.

[northernladuk]

Are you really sure the bib bucks are still there in banking? I was under the impression that ship has sailed?

What does jobserve say?

[flamel]

You absolutely must have FS on your CV - try smaller banks - anything, even shoe shining/orange peeling if it gets FS on your CV. Once you're in, its all ok. You also have to go through a vetting process where they look for "employment" history for the previous five years and want explanations of any gaps in between plus credit rating etc etc plus a personal reference plus details of any trips abroad blah blah blah. Look at Background Checks & Employment Screening Services| SterlingBackcheck
Hope that helps.

I went through a small consultancy outfit the first time, as part of a team for a big project where they couldn't get enough people.

[flamel]

Are you really sure the bib bucks are still there in banking? I was under the impression that ship has sailed?

What does jobserve say?

There are contractor possibilities due to headcount freezes. It's the usual story - the work's still there but there's not enough people to do it.

The "bib" bucks are not the same as they used to be

[flamel]

Business Analyst - IT Infrastructure (ref: DM-6291)

b2e-resourcing.com

This sort of thing is what I was talking about

Poor day rate but it gets you in the door

[FatLazyContractor]

Business Analyst - IT Infrastructure (ref: DM-6291)

b2e-resourcing.com

This sort of thing is what I was talking about

Poor day rate but it gets you in the door

What sort of dayrate are they on about? Doesn't mention on the advert.

[SlipTheJab]

What sort of dayrate are they on about? Doesn't mention on the advert.

No day rate on advert, or the infamous market rate usually = tulip rate!...

[LancelotBarre]

If you mean retail banking, then you are probably a good ten years late I'm afraid.

[flamel]

What sort of dayrate are they on about? Doesn't mention on the advert.

It's a "can I be bothered to get out of bed" £400 pd - but if someone really wants to get into FS they may well be the only applicant