You really want a piece of London/Banking ?

[SimonMac]

There are exceptions. There will always be exceptions but as its my local market I do know the usual going rate....

There are some well paid contracts up north, you just need the right skill set

I can understand why "someone" said that IB's are a closed shop, I have found that there is still the appearance that you can't get a job in Finance without Finance experience so it is a vicious circle.

For my role, having industry knowledge has zero impact on my day to day working, I know if I eventually keep trying for London jobs I will get one and thus the extra £100-£200 a day bump that will come with it, but as I am not focused just on London its no big deal that I haven't managed to crack it yet.

[Avalonia]

Shut your mouth and look at my wad, LOADS OF MONEY

[kaiser78]

There are some well paid contracts up north, you just need the right skill set

I can understand why "someone" said that IB's are a closed shop, I have found that there is still the appearance that you can't get a job in Finance without Finance experience so it is a vicious circle.

For my role, having industry knowledge has zero impact on my day to day working, I know if I eventually keep trying for London jobs I will get one and thus the extra £100-£200 a day bump that will come with it, but as I am not focused just on London its no big deal that I haven't managed to crack it yet.

I think this is the case as well in IB, and other areas in banking and even insurance are becoming this way as well from what I am seeing.

[BlasterBates]

IB is a shrinking sector so they might as well take people on who are familiar with those types of systems, because there's a lot of experienced people around.

It doesn't matter what sector it is, if you have experience in it you'll be generally better, because you know how risk systems work and how to create P&L etc etc. which is what most of the dev jobs are about. They often ask business questions. You're going to flounder if you know nothing about finance when some trader is shouting at you to sort out his P&L.

There was a time when IB's weren't fussy as long as you were technically good enough.

There are technical jobs but an awful lot of the dev jobs are easier to do if you understand the "banking gubbins".