Notably, Management Occupations jobs accounted for a 19% share of the British banking and payments industry new job postings in Q1 2024, up by 14% 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 19% of the total new job postings in Q1 2024 and were down by 35% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 14% and drop by 47% year-on-year, and third highest were Business and Financial Operations Occupations, which were 7% of the new job postings and 29% lower year-on-year.

Top five companies in banking and payments industry accounted for 29% of hiring activity

The highest number of jobs were posted by JPMorgan Chase & Co with 1,076, followed by Royal Bank of Canada with 893, while the highest increase was at Lloyds Banking Group at 38%.

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

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