The global banking & payments industry experienced an 11% rise in new job postings related to robotics in Q3 2022 compared with the previous quarter, according to GlobalData’s whitepaper on Robotics in Banking & Payments – Hiring Activity in Q3 2022. This compares to a 50% increase versus Q3 2021.

Notably, Software and Web Developers, Programmers, and Testers jobs accounted for a 16% share of the global banking & payments industry’s robotics-related total new job postings in Q3 2022, down 8% over the prior quarter.

Software and Web Developers, Programmers, and Testers drive robotics-related hiring activity

Software and Web Developers, Programmers, and Testers, with a share of 16%, emerged as the top robotics-related job roles within the banking & payments industry in Q3 2022, with new job postings drop by 8% quarter-on-quarter. Miscellaneous Engineers came in second with a share of 11% in Q3 2022, with new job postings rising by 161% over the previous quarter.

The other prominent robotics roles include General and Operations Managers with a 3% share in Q3 2022, Computer and Information Systems Managers with a 2% share of new job postings.

Top five companies in banking & payments industry accounted for 67% of hiring activity

The top companies, in terms of number of new job postings tracked by GlobalData, as of Q3 2022 were Gentera, US Bank, JPMorgan Chase and Bank of America. Together they accounted for a combined share of 67% of all robotics-related active jobs in the banking & payments industry.

Gentera posted 813 robotics-related new jobs in Q3 2022, US Bank 217 jobs, JPMorgan Chase 153 jobs, and Bank of America 104 jobs, according to GlobalData’s Job Analytics.

Hiring activity was driven by Mexico with a 32% share of total active job postings, Q3 2022

The largest share of robotics-related new job postings in the banking & payments industry in Q3 2022 was in Mexico with 32% followed by the US (31%) and India (7%). The share represented by Mexico was 14 percentage points higher than the 19% share it accounted for in Q2 2022.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.