Notably, Management Occupations jobs accounted for a 20% share of the Singaporean banking and payments industry new job postings in Q2 2024, up by 23% 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 20% of the total new job postings in Q2 2024 and were down by 45% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 13% and rise by 80% year-on-year, and third highest were Business and Financial Operations Occupations, which were 7% of the new job postings and 30% lower year-on-year.

Top five companies in banking and payments industry accounted for 65% of hiring activity

The highest number of jobs were posted by Temasek Holdings with 1,941, followed by DBS Bank with 569, while the highest increase was at United Overseas Bank at 3%.

For further understanding of GlobalData's Banking & Payments: Hiring Trends & Signals Q2 2024, buy the report here.

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