South & Central America witnessed a 2.9% rise in IT hiring activity in the banking and payments industry in September 2021 when compared with the previous month, according to GlobalData’s Job Analytics dashboard.

September 2021 has seen an increase of 0.89% in the overall hiring activity when compared with August 2021.

IT jobs accounted for a 13.66% share in the industry’s total hiring activity in September 2021, registering an increase of 0.24% over the last three-month average share.

Software and Web Developers, Programmers, and Testers Occupations leads by classification in September 2021

Software and Web Developers, Programmers, and Testers Occupations emerged as the leading IT occupation in South & Central America with a share of 62.93% in September 2021, a 2.16% rise over the previous month. Computer and Information Analysts came in next, claiming a share of 16.92% in September 2021, marking an 11.88% month-on-month decline. In the third place was Miscellaneous Computer Occupations with a share of 10.84% in September 2021, a 7.55% rise from August 2021.

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Database and Network Administrators and Architects registered a share of 6.46% in September 2021, a 2.86% decline over the previous month.

Top five banking and payments companies in South & Central America’s IT recruitment activity in September 2021

The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average growth of 39.23% in the overall IT recruitment activity of South & Central America’s banking and payments industry during September 2021 over previous month.

Banco Santander posted 115 IT jobs in September 2021 and registered an increase of 35.29% over the previous month, followed by Citigroup with 60 jobs and a 6.25% drop. Banco de Credito e Inversiones with 58 IT jobs and Banco BTG Pactual with 30 jobs, recorded a 56.76% rise and a 76.47% rise, respectively, while PayPal Holdings recorded a 366.67% increase with 28 job postings during September 2021.

Country-wise composition of IT hiring in South & Central America’s banking and payments industry

Brazil commanded a leading presence in the region’s banking and payments industry IT hiring activity with a 37.83% share in September 2021, an 11.17% increase over August 2021. Peru featured next with a 14.64% share, down 19.79% over the previous month. Chile recorded a 13.69% share, a growth of 41.18% compared with August 2021.

Junior Level job postings dominate in September 2021

Junior Level jobs held a share of 74.33%, down by 1.26% from August 2021. Senior positions with a 10.08% share, registered a decline of 3.64% compared with the previous month.

In the third place was Mid Level job ads with 9.13% share, down 20% over August 2021, while Entry Level postings accounted for 6.46%, recording a month-on-month growth of 36%.