Are you an IT professional or a computer engineer and have a love for a programming language? You may want to start looking at banks in Wall Street for better career opportunities. You may be surprised how much job openings are available in America's largest investment banks such as JP Morgan Chase, Goldman Sachs, Citibank, Morgan Stanley, and Bank of America. These firms are looking for computer programmers and IT experts.
The most in-demand programming language
A study on current programming language-based openings in New York City shows that the most in-demand programming language is Java. Python is listed as the second most in-demand beating other programming languages like C++, Javascript, C#, Swift, Ruby, and Scala. The increase in Python usage may be accredited to the fact that it has unique modelling capabilities and it is easy to use, so traders, researchers, and analysts are comfortable to use it for work even if they are non-developers or do not have a background language in programming.
Job Postings per Bank
JP Morgan Chase
This bank seems to be leaning more on Java and Python for their programming language. Currently, the bank has more openings for Java-related programming language in their office in Jersey City. For the New York-based office, the programming language job openings call for a knowledge of Python.
Goldman Sachs
Goldman Sachs relies on Java and has a lot of local tech vacancies. Aside from Java, experience in Scala and C++ programming is also considered a plus. The current openings are more concentrated on Scala and C++ programming language. The programming jobs available are also not solely on the engineering side - they are also hiring for their security division as well.
Morgan Stanley
For this investment bank, there are fewer job openings compared to JP Morgan Chase and Goldman Sachs. The existing job openings are more on Java programming with Python programming coming in as the second preferred programming language.
Citi
The Citibank have more openings for Python than Java as of now. Citi has a new service where they offer Python coding classes to traders and banking analysts. You can avail this from their continuing education program. The multinational bank seems to be running majorly on Python.
Bank of America
The Bank of America has the lowest number of programming language job openings among the five multinational investment banks cited in this article. This bank seems to lean on the Python programing language as well.
As you can see, the future for computer programmers is brighter than ever in Wall Street. Plus the compensation that you can get from Wall Street firms is not something that you should pass. They pay more than average computer-related jobs because you will be handling high-risk data. The best and biggest investment bank are consistently hiring high-level tech talent for the past years. Hackers and competitors constantly attack financial firms and incest banks, so there is always a steady demand for computer programmers, computer engineers, computer scientists, and coders.
