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Yes, there ARE still some full-time positions for 2011

Now that we're into 2011, the prospect of a full-time analyst position in an investment bank this year should, theoretically be a distant memory. However, there are still graduate positions available.

While the front office positions have been snapped up rather quickly - predominantly by internship conversions - some of the support functions have proved hard to fill.

Deadlines for technology roles, in particular, have been extended into the new year. This is in part down to the fact that banks have been increasing headcount in this area, and also because they're competing against other industries for computer science graduates, whose numbers have been dwindling since 2006.

Still, because computer science students constitute the largest proportion of unemployed graduates in the UK, you'd have thought many would have looked towards banking.

There's also the possibility that the government's immigration caps could be causing problems in this sector, which relies on a large proportion of talent from outside the EU.

Banks have also increasingly been near-shoring operations functions - to places like Bournemouth, Glasgow and Dublin - so perhaps these are now proving something more of a hard sell to students than was the case previously.

Anyway, here are the banks with full-time graduate positions for 2011:

Bank of America Merrill Lynch:

Divisions recruiting for: Global investment banking - JCP (7 February 2011), Global markets operations and middle office (Dublin - 28 February 2011), Global technology and operations (Dublin - 31 January 2011).

Apply here

Credit Suisse:

Divisions recruiting for: Global arbitrage trading quantitative analyst; finance analyst.

Deadline: Not stated.

Apply here

HSBC:

Divisions recruiting for: Technology.

Deadline: Not stated.

Apply here

JP Morgan:

Divisions recruiting for: Operations & Business Services, (Bournemouth, Dublin and Edinburgh), Technology (Bournemouth).

Deadline: 31 January

Apply here

Morgan Stanley:

Divisions recruiting for: Technology (Glasgow).

Deadline: Not stated.

Apply here

Nomura:

Divisions recruiting for: Risk, operations, information technology and finance.

Deadline: 6 February

Apply here

RBC Capital Markets:

Divisions recruiting for: Finance and risk management (14 January), Information Technology (4 March).

Apply here

Royal Bank of Scotland:

Divisions recruiting for (within GBM): Sales analyst (Birmingham and Manchester), Technology (London).

Deadline: 31 January

Apply here

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AUTHORPaul Clarke
  • Ya
    Yassinof
    4 March 2011

    Hi Anon

    JCP stand for "Junior Capital Pool"

    Good luck ;)

  • AN
    ANON
    7 February 2011

    what does "JCP" stand for under Merryl Lynch's "investment banking -JCP"

  • Lu
    LuckyGuy
    17 January 2011

    I recently received an invitation to Commerzbank first round AC for Sales in London for graduate analyst.
    Having already signed for a grad FO role at a major european IB I rejected the invitation.
    Just to highlight that there is still selected recruitment from some of the smaller players.

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