Originally posted by Sherban D:
I want to get a s/w engineering job in the financial sector. There's a Catch-22 about this field that�s difficult to overcome. Financial companies are adamant about having previous financial experience. Obtaining financial experience without previous financial experience, however, remains an elusive endeavor. How do I solve this Catch-22?
I'm a mid-level engineer with four years of Java experience. I have diverse experience in healthcare, education, and music industry sectors. What skill sets distinguish "financial" s/w engineering from �regular� s/w engineering? Any advice would be helpful.
Originally posted by Jeroen Wenting:
Expect non-standard environments. Highly customised operating systems for desktop machines are common, often with all kinds of security features to prevent unauthorised software and people from using them.
Originally posted by Mark Herschberg:
Some thing to keep in mind...
IT at financial institutions rates just above janitorial staff. I'm not joking. Software companies are about software and the people who make software are key. Financial companies are about investments, and the people who make investment decisions are key. Everyone else--janitorial, IT, secretarial pool, etc.-- is just support. if the trash isn't empties and the smell is distracting the analysts, that's a problem and someone will scream. If the software has a bug or slows down the traders, that's a problem and someone will scream. The secretaries at least are people the finance guys talk to on a daily basis. The IT folks are nameless geeks. OK, that's a slight exaggeration, but the point is, you are support staff. It's important to understand your place at those companies.
Originally posted by Sherban Drulea:
The software engineer's view of financial environment, however, doesn't sound very inviting. In terms of respect, professional growth, and interesting assignments, a pure software company sounds like a better bet.
Originally posted by Vish Kumar:
How restricted is the working env for banking/financial projects?
How about internet access?.....Can we download any new open source tools to play around with (when we get some time ) or participate in discussion forums like these...In the name of security, are these restricted as well?
Hope, they compensate with a good salary for all these restrictions...