The Japanese banking and payments industry experienced a 47% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by Money Forward with 86 job postings according to GlobalDataâ€™s analysis of banking and payments company job postings. GlobalData’s Banking & Payments: Hiring Trends & Signals Q3 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the industry, facilitating anticipation of future workforce needs. Buy the report here.
Notably, Management Occupations jobs accounted for a 19% share of the Japanese banking and payments industry new job postings in Q3 2023, down by 42% 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 Q3 2023 and were down by 51% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 8% and drop by 69% year-on-year, and third highest were Business and Financial Operations Occupations, which were 69% of the new job postings and 70% lower year-on-year.
Top five companies in banking and payments industry accounted for 39% of hiring activity
The highest number of jobs were posted by Money Forward with 86, followed by S&P Global with 27, while the highest increase was at Visa at 37%.
For further understanding of GlobalData's Banking & Payments: Hiring Trends & Signals Q3 2023, buy the report here.