The US’s banking and payments industry registered a 1.9% drop in IT hiring activity in September 2021 when compared with the previous month, according to GlobalData’s Job Analytics database.
The industry’s overall hiring increased by 0.61% in September 2021 when compared with August 2021.
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Out of the banking and payments industry’s total hiring activity, IT jobs claimed a 13.91% share in September 2021, recording a decrease of 0.41% over the last three-month average share.
Top five job classifications in the US’s banking and payments industry’s IT recruitment activity in September 2021
Out of the total job titles, the top five roles commanded a 99.75% share in the overall IT recruitment activity of the US’s banking and payments industry in September 2021.
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By GlobalData1) Software and Web Developers, Programmers, and Testers recorded a share of 68.09% in September 2021, registering a 5.14% flat growth over the previous month.
2) Miscellaneous Computer Occupations claimed a 13.68% share, a decrease of 0.12% over the previous month.
3) Database and Network Administrators and Architects held a share of 9.58%, registering a 2.95% decline from August 2021.
4) Computer and Information Analysts captured a share of 5.47%, down 23.93% over the previous month.
Top five banking and payments companies in the US’s IT recruitment activity in September 2021
The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average growth of 17.63% share in the overall IT recruitment activity of the US’s banking and payments industry during September 2021 over August 2021.
JPMorgan Chase posted 971 IT jobs in September 2021 and registered a rise of 2.32% over the previous month, followed by Citizens Financial Group with 854 jobs and a 15.25% growth. Capital One Financial with 836 IT jobs and Wells Fargo with 660 jobs, recorded a 97.64% flat growth and a 24.91% decrease, respectively, while Citigroup recorded an increase of 71.16% with 635 job postings during September 2021.
Junior Level job postings dominate in September 2021
Junior Level jobs held a share of 53.99%, down by 5.14% from August 2021. Mid Level positions with a 33.42% share, registered an increase of 3.42% compared with the previous month.
In the third place was Entry Level job ads with 8.84% share, up 15.28% over August 2021, while Senior postings accounted for 3.75%, recording a month-on-month increase of 42.72%.
