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TOP STORIESSalary survey: Investment banking IT18 July 2008Which investment banking technologists earn the most? Try project managers who know a thing or two about financial services, technical architects, business analysts who work on front-office derivatives systems, or developers with knowledge of third-party vendor products. See below for the full details, courtesy of banking IT recruiters the jm group.
Q2 2008 salaries for…
Project managers Project development managers: Associate: – , Senior (VP) £85k
Programme managers: Associate £65k, Senior (VP) £85k
Project managers with financial product knowledge: Associate £70k, Senior (VP) £90k.
Architects Technical architects: Associate £75k, Senior (VP) £95k
Data/information architects: Associate £65k, Senior (VP) £95k.
Business analysts Front office business analysts (vanilla products): Associate £70k, Senior (VP) £80k
Front office business analysts (exotic derivatives): Associate £75k, Senior (VP) £90k
Back office business analysts (settlements and reconciliation): Associate £65k, Senior (VP) £80k
Business analysts (compliance/MiFID): Associate £65k, Senior (VP) £80k
Data analysts: Associate £55k, Senior (VP) £75k.
Developers (with financial product knowledge) Java (core Java, J2EE): Associate £65k, Senior (VP) £80k
.NET/C#: Associate £55k, Senior (VP) £70k
C++ (Microsoft/Unix): Associate £65k, Senior (VP) £85k
HTML/JavaScript: Associate £45k, Senior (VP) –
Excel/Access VBA: Associate £55k, Senior (VP) £75k.
Databases (DBA/Dev) Sybase DBA: Associate £60k, Senior (VP) £75k
Sybase developer: Associate £70k, Senior (VP) £75k
Oracle DBA: Associate £60k, Senior (VP) £75k
Oracle developer: Associate £65k, Senior (VP) £75k.
Systems administrators SUN Solaris: Associate £55k, Senior (VP) £75k
HP-UX: Associate £50k, Senior (VP) £70k
NT: Associate £50k, Senior (VP) £70k.
Support Applications support manager: Associate – , Senior (VP) £90k
Trade floor support: Associate £55k, Senior (VP) £65k
Windows server support: Associate £55k, Senior (VP) £65k
Desktop/market data support: Associate £50k, Senior (VP) –
Web systems engineer: Associate £55k, Senior (VP) £65k
Front office applications support: Associate £55k, Senior (VP) £65k
Back office applications support: Associate £50k, Senior (VP) £55k
Network support engineer: Associate £45k, Senior (VP) £60k.
Source: the jm group
COMMENTSjim, Asset Management, Mon 21 Jul 08without bonus info these salary suverys are not very helpful. Add your comment »CodingHero, Hedge Funds, Wed 23 Jul 08In my long ibanking and now hedge fund experience, i know c# or java developers with 5yrs+ experience regularly command basic salaries of 90-100k plus a bonus of 40-50% .... and If you're one of the best you double that - no problem. Add your comment » |
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