The US’s banking and payments industry registered a 5.1% 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 5.79% in November 2021 when compared with October 2021.

Out of the banking and payments industry’s total hiring activity, IT jobs claimed a 14.65% share in November 2021, recording an increase of 0.14% over the last three-month average share.

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

Out of the total job titles, the top five roles commanded a 100.2% share in the overall IT recruitment activity of the US’s banking and payments industry in November 2021.

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1) Software and Web Developers, Programmers, and Testers recorded a share of 63.36% in November 2021, registering a 0.31% decline over the previous month.

2) Miscellaneous Computer Occupations claimed a 16.32% share, an increase of 36.06% over the previous month.

3) Database and Network Administrators and Architects held a share of 10.3%, registering a 22.51% rise from October 2021.

4) Computer and Information Analysts captured a share of 6.87%, up 11.75% over the previous month.

Top five banking and payments companies in the US’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 183.38% share in the overall IT recruitment activity of the US’s banking and payments industry during November 2021 over October 2021.

Evolent Health posted 1,546 IT jobs in November 2021 and registered a rise of 10206.67% over the previous month, followed by Citigroup with 926 jobs and a 100% growth. JPMorgan Chase with 790 IT jobs and Citizens Financial Group with 775 jobs, recorded a 214.74% growth and a 7.41% decrease, respectively, while Huntington Bancshares recorded an increase of 580.2% with 687 job postings during November 2021.

Junior Level job postings dominate in November 2021

Junior Level jobs held a share of 59.63%, up by 12.33% from October 2021. Mid Level positions with a 29.57% share, registered a decline of 3.85% compared with the previous month.

In the third place was Entry Level job ads with 7.61% share, down 2.82% over October 2021, while Senior postings accounted for 3.18%, recording a month-on-month increase of 43.81%.