Notably, Management Occupations jobs accounted for a 36% share of the Singaporean banking and payments industry new job postings in Q4 2023, down by 23% over the prior quarter.

Management Occupations drive banking and payments industry hiring activity

Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 36% of the total new job postings in Q4 2023 and were down by 38% year-on-year. Second highest were Business and Financial Operations Occupations, which accounted for 13% and drop by 36% year-on-year, and third highest were Computer and Mathematical Occupations, which were 34% of the new job postings and 65% lower year-on-year.

Top five companies in banking and payments industry accounted for 50% of hiring activity

The highest number of jobs were posted by United Overseas Bank with 399, followed by DBS Bank with 357, while the highest increase was at Oversea-Chinese Banking at 51%.

For further understanding of GlobalData's Banking & Payments: Hiring Trends & Signals Q4 2023, buy the report here.

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