Banking jobs snapshot for week beginning 24 January
In the week of 24 January to 30 January there were 12,246 banking jobs posted by the world’s largest 1,000 financial services firms, according to the GlobalData jobs analytics tool.
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This represents a drop of just over 5% compared with the previous week. In the week of 10 January to 16 January there were 13,003 new banking jobs posted.
Although Chase remains the most active, its postings of 1,043 jobs is down significantly from 1,353 the previous week.
It is a similar story at Citi, down from 855 last week to 534.
By contrast, openings at Wells Fargo almost double from the previous week to 536 for the week to 16 January.
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By GlobalDataUS-headquartered banks are again responsible for more than one half of the new jobs posted. Europe follows with over 2,000 new jobs posted ahead of Canadian-headquartered lenders almost 1,000 jobs posted.
Banks based in Asia Pacific post over 750 new jobs in total.
PNC is the most active major US regional player with 268 jobs posted. Other notable retail bank job postings include Keycorp (109) and Truist 89.
Outside the consumer banking sector, Bank of New York Mellon (242), Morgan Stanley (177) and Goldman Sachs (169) are active.
Banking jobs snapshot: European highlights
In Europe, BNP Paribas is the most active for the third week running with 277 new job postings.
KBC lists 276 new job postings ahead the Poland-based subsidiary of Santander with 195.
This weekly article will summarise jobs activity in the banking sector for the previous week. In addition, it will highlight posted jobs of significance and identifies jobs market trends and insights from GlobalData’s proprietary Intelligence Center datatool that are of relevance for the industry.
Banking jobs snapshot: best of the rest
In Canada, Scotia remains the most active with 360 new postings. RBC (126), Desjardins (106) and BMO (103) follow.
Grab, the Asian ride hailing app, is a notable player this week. First off, it has raised $300m from backers for its financial services arm. Grab Financial is now valued at about $3bn. The new funds will be used to launch its proposed digital bank in Singapore. In addition, Grab Financial is rolling out a buy-now-pay-later programme.
And it is on a recruitment drive. Grab Financial is the most notable among the new challengers in the jobs snapshot this week with 105 new postings. Moreover, Grab Financial now has over 500 jobs active.
