"There are just very few people in banks who are promoted and are still programming."ĭespite dire warnings about the consequences of moving away from the engineering coal face when you're in banking technology, you might therefore want to branch out into more of a management role.
"It's very tricky to get to the senior VP point in hands-on tech these days," says one recruiter, speaking off the record. After which your career may well stall and you could be obliged to move into consulting. This could be supplemented by a bonus of (very maybe) £20k. Thereafter, your salary will hopefully inflate to £120k (max) over the next three years as you make it to the senior tech vice president ranks. This should rise to £80k ($103k) after around four to five years as you hit tech associate/assistant vice president.
BEST PAID BANKING JOBS PLUS
When you start as a tech analyst, you can expect around £43k ($55k) in salary plus a small sign-on bonus. This recruiter says technology development jobs in big banks typically command roughly equivalent pay increases as you rise up through the banking hierarchy. However, a rival recruiter, speaking off the record, disagrees. If you choose to work as a developer in an investment bank, Joe Campbell, a London-based recruitment consultant at Oxford Knight, says it might be "six or seven years" before your pay hits six figures."Ĭampbell says there are no hard and fast rules for the speed of pay progression in banking technology.
How soon can you earn £100k, and which jobs should you do? This depends. Can you earn six figures working in a banks' technology function? Yes, yes: you can.
0 kommentar(er)
