It’s a sign of the times that an investment bank recruiting technologists in double, rather than triple, figures can create a buzz among financial services recruiters, but Barclays’ recruitment drive is causing a little excitement.
Across both permanent and contract positions, specialist financial services recruiters suggest that 30-40 technology jobs have emerged from Barclays investment bank in the last two weeks alone.
A quick glance at their careers site show that they have 92 current vacancies in their global technology division in the UK, although many of these have been live since March and may therefore no longer be relevant.
Recruiters suggest that the bulk of new jobs are connected to…the back office. In particular, like many investment banks currently, the roles are related to clearing, custody and settlements. There’s a healthy mix of business analyst and development roles emerging, however.
So, why is this noteworthy? As one recruiter tells us: “The message from most banks currently is that they’re taking a wait-and-see approach until there’s more clarity about how the Eurozone crisis will pan out. It’s just refreshing to see a bank bite the bullet and release a decent volume of roles.”