There were 26,537 jobs posted in the period from 28 March 2021 to 3 April 2021 according to the GlobalData job analytics tool. This represents a 20.9% decrease from the previous weeks total of 33,544 jobs.
Once again, the Big Four of banking jobs are holding steady. Rising back to the top, Banamex posted the greatest number of new roles in the banking sector, with 1707 positions. Citi and JP Morgan followed with 1697 and 1162 respectively. Wells Fargo was in fourth place with 774 jobs.
In the news this week, Citi revealed its decision to combine three of its investment-banking groups into one sustainability unit, enabling its corporate clients to move away from carbon intensive investments.
According to a memo to staff from Tyler Dickson and Manolo Falco, global heads of Citigroup’s banking, capital markets and advisory unit, the new investment group will centre on natural resources and the clean energy transition, which includes the energy, power, and chemicals franchises.
The move is in line with the banks plan to be net zero by 2050, articulated by CEO Jane Fraser on her first day in March this year.
JP Morgan, in third place, also hit the headlines when, in a letter to shareholders published last week, chief executive Jamie Dimon said 10% of the US investment bank’s workforce could expect to work from home full-time, whilst most other employees will work under a hybrid model in the coming months.
Recognising the shortcomings of homeworking, Dimon added: “Performing jobs remotely is more successful when people know one another and already have a large body of existing work to do. It does not work as well when people don’t know one another.”
As part of the firm’s strategy to diversify its talent pipeline, Dimon also revealed the firm has implemented a range of changes to expand opportunities for individuals with a criminal background. “In 2020, we hired approximately 2,100 people with a criminal background — roughly 10% of our new hires in the United States.”
Overall, the highest number of jobs posted was in North America with 13,416. Europe was in second with 6090, followed closely by Asia Pacific with 5772. Middle East & Africa posted 643 positions and South & Central America posted the fewest with 615.
Globally, most jobs were junior level with 11,605 postings. This was followed by 7465 mid-level positions, 5821 at entry level and 1646 senior positions.