The Italian banking and payments industry experienced a 37% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by Intesa Sanpaolo with 130 job postings according to GlobalData’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, Computer and Mathematical Occupations jobs accounted for an 18% share of the Italian banking and payments industry new job postings in Q3 2023, down by 49% over the prior quarter.

Computer and Mathematical Occupations drive banking and payments industry hiring activity

Of the industry's total hiring activity, the highest number of new job postings were for Computer and Mathematical Occupations, which accounted for 18% of the total new job postings in Q3 2023 and were down by 74% year-on-year. Second highest were Business and Financial Operations Occupations, which accounted for 16% and drop by 50% year-on-year, and third highest were Management Occupations, which were 18% of the new job postings and 53% lower year-on-year.

Top five companies in banking and payments industry accounted for 58% of hiring activity

The highest number of jobs were posted by Intesa Sanpaolo with 130, followed by ING Group with 48, while the highest increase was at Deutsche Bank at 33%.

For further understanding of GlobalData's Banking & Payments: Hiring Trends & Signals Q3 2023, buy the report here.

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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.