Singapore’s banking and payments industry registered a 2.1% rise in IT hiring activity in November 2021 when compared with the previous month, according to GlobalData’s Job Analytics database.

The industry’s overall hiring increased by 0.56% in November 2021 when compared with October 2021.

Out of the banking and payments industry’s total hiring activity, IT jobs claimed a 24.49% share in November 2021, recording an increase of 0.9% over the last three-month average share.

Top five job classifications in Singapore’s banking and payments industry’s IT recruitment activity in November 2021

Out of the total job titles, the top five roles commanded a 100.31% share in the overall IT recruitment activity of Singapore’s banking and payments industry in November 2021.

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1) Software and Web Developers, Programmers, and Testers recorded a share of 55.43% in November 2021, registering a flat growth over the previous month.

2) Miscellaneous Computer Occupations claimed a 19.84% share, an increase of 11.5% over the previous month.

3) Database and Network Administrators and Architects held a share of 14.33%, registering a 33.82% rise from October 2021.

4) Computer and Information Analysts captured a share of 6.93%, down 15.38% over the previous month.

Top five banking and payments companies in Singapore’s IT recruitment activity in November 2021

The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average growth of 16.42% share in the overall IT recruitment activity of Singapore’s banking and payments industry during November 2021 over October 2021.

DBS Group Holdings posted 108 IT jobs in November 2021 and registered a rise of 1.89% over the previous month, followed by Temasek Holdings (Private) with 102 jobs and a 15.91% growth. Citigroup with 87 IT jobs and Standard Chartered with 58 jobs, recorded a 42.62% growth and a 26.09% growth, respectively, while Visa recorded an increase of 5% with 42 job postings during November 2021.

Junior Level job postings dominate in November 2021

Junior Level jobs held a share of 41.42%, down by 4.71% from October 2021. Mid Level positions with a 37.17% share, registered an increase of 17.41% compared with the previous month.

In the third place was Senior job ads with 12.6% share, up 6.67% over October 2021, while Entry Level postings accounted for 8.82%, recording a month-on-month increase of 1.82%.