Notably, Office and Administrative Support Occupations jobs accounted for a 22% share of the Canadian banking and payments industry new job postings in Q1 2024, up by 4% over the prior quarter.

Office and Administrative Support Occupations drive banking and payments industry hiring activity

Of the industry's total hiring activity, the highest number of new job postings were for Office and Administrative Support Occupations, which accounted for 22% of the total new job postings in Q1 2024 and were up by 2% year-on-year. Second highest were Business and Financial Operations Occupations, which accounted for 16% and rise by 14% year-on-year, and third highest were Management Occupations, which were 2% of the new job postings and 16% lower year-on-year.

Top five companies in banking and payments industry accounted for 69% of hiring activity

The highest number of jobs were posted by TD Canada Trust with 2,529, followed by Bank of Nova Scotia with 2,376, while the highest increase was at Royal Bank of Canada at 30%.

For further understanding of GlobalData's Banking & Payments: Hiring Trends & Signals Q1 2024, buy the report here.

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