Being the hub of European financial activity and a major financial center, London is home to the headquarters of several leading European investment banks and the regional offices of various large US investment banks. The city of London offers a plethora of exciting investment banking job opportunities. These jobs are highly sought after, lucrative and rewarding.
Investment banks deal with large organizations, institutional investors and wealthy individuals to assist them in their investments. Thus, investment banks are always on the look out for a large number of finance and other professionals. If dreaming of an investment banking job, London is a good place to commence a career search.
A large number of investment banks have a presence in Europe’s leading business center, London and provide investment banking jobs. The headquarters and regional offices of various investment banks, which provide a wide range of services including underwriting, trading in securities and financial advisory services related to restructuring, mergers and acquisitions, contribute significantly to the hustle and bustle of the city of London. Some of the major investment banking firms operating in London include:
|
|
|
|
|
|
|
|
|
|
|
|
Some of the largest investment banking firms operating in London include:
The company is the investment banking division of the UK’s largest bank Barclays Bank Plc, which has an AA long-term credit rating and a balance sheet of well over $1 trillion USD. Barclays Capital provides large corporate, government and institutional clients with solutions for their financing and risk management needs. The company has made several appointments in its investment banking divisions and is expanding further.
Brewin Dolphin Ltd is UK’s largest independent private client investment manager, with over £20 billion of funds under management. For investment banking job opportunities, Brewin Dolphin Investment Banking is among the leading players in the mid-market in London, having been recognized as a leading broker by AIM Investment Management.
The company was the first German bank to move its operations to London way back in 1994. Deutsche Bank has emerged as one of the leading international financial service providers offering a wide variety of services.
Dresdner Kleinwort Wasserstein is the investment banking unit of Dresdner Bank AG and is a member of the Allianz Group. The company focuses on the UK and German markets, providing a full range of services to corporate, institutional and government clients worldwide. The firm ranked as a top bond provider, according to the International Financing Review.
London is described by many as the “knowledge city of the world” and enjoys a key position in world politics, education, fashion and art. London offers its residents a high quality academic and social life. With the city’s several libraries, archives, galleries and professional associations, London residents have access to an unrivalled range of cultural activities and influences.
While London offers the best in entertainment, sightseeing and luxury, the cost of living is a concern area for most people. The main expenses incurred by a resident of London include accommodation, travel, entertainment, books, food and clothing. One would need to plan expenses very carefully and keep in mind cost-saving strategies.
London offers people looking for investment banking jobs a wealth of employment opportunities. Over 25% of the global giants have their headquarters in London and another 25% have their European headquarters in this city. Thriving commercial activity has also led to the creation of thousands of new jobs in the financial services segment. Some UK-based investment banks are redeploying their staff to the Middle East and Asia, where investment banking job talent is also plentiful.
Some sample investment banking jobs in London, Europe’s financial center, include the following:
Responsible for securities lending, consulting to hedge fund clients, capital introduction, forex and derivatives prime brokerage and new product development for traders and sales teams. Applicants need to have a PhD in, a highly numerate discipline, with excellent programming skills. A quantitative analyst can expect a salary of between £60,000 and 80,000 per annum. An Executive Director – Equity Quant Analyst can expect a salary of around £250,000 per annum.
Responsible for running valuation projects, dealing with traders and risk management and carrying out monthly reserve calculations and testing. Candidates for this vacancy should have exceptional product knowledge of equity derivatives or fixed income products, and exceptional technical skills. A Quantitative Analyst could draw a salary of between £80,000 and 90,000 per annum, plus bonus.
Responsible for asset allocation funds with a global scope and recommend strategic fund allocations, supported by quantitative research based on return and risk expectations. Candidates need to have a postgraduate degree in finance, mathematics, economics or similar experience in an asset management company or investment bank. The average salary for this type of position is around £150,000 per annum, plus bonus.
An Investment Manager would manage investment assets held under various portfolios of a firm, while an Investment Accountant will be responsible for handling the complete investment accounting functions for a variety of clients and ensuring accurate and timely delivery. An Investment Consultant will need to combine his sales skills and a broad knowledge of investment products to grow and service the existing client accounts and generate new sources for the firm. This is an excellent options for one interested in investment banking sales jobs.
London’s firms are offering attractive investment banking job opportunities. To get a foot into the door of an investment banking firm, look at the numerous job opportunities available in London. Try using a niche service such as Investment Banking Jobs Digest.
Most of these investment banks have a recruitment preferred supplier list. If seeking an investment banking job in London, get in touch with these firms, which would be aware of many jobs even before they are advertised. Job Search Digest provides members with a database of niche investment banking recruiters.
