Who’s hiring who? Hiring activity in the British banking and payments industry decreased by 15% in Q4 2022

Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 27% of the total new job postings in Q4 2022 and were up by 8% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 26% and rise by 3% year-on-year, and third highest were Office and Administrative Support Occupations, which were 7% of the new job postings and 3% higher year-on-year.

The highest number of jobs were posted by Barclays with 3,273, followed by JPMorgan Chase & Co with 1,562, while the highest increase was at Lloyds Banking Group at 10%.

The French banking and payments industry experienced a 10% drop in new job postings in Q4 2022 compared with the previous quarter, with the highest share accounted for by Societe Generale with 1,496 job postings according to GlobalData’s analysis of banking and payments company job postings.

Notably, Management Occupations jobs accounted for a 25% share of the French’s banking and payments industry new job postings in Q4 2022, down by 26% over the prior quarter.

Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 25% of the total new job postings in Q4 2022 and were up by 11% year-on-year. Second highest were Business and Financial Operations Occupations, which accounted for 23% and rise by 65% year-on-year, and third highest were Computer and Mathematical Occupations, which were 28% of the new job postings and 65% higher year-on-year.

The highest number of jobs were posted by Societe Generale with 1,496, followed by BNP Paribas with 900, while the highest increase was at Worldline at 62%.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.