One sector that has seen its share of tough press lately is Financial Services. What have the hiring trends been over the past 4 years? Wanted Analytics brings us the data:
The financial services industry has seen its ups and downs over the past few years. We were interested to see what recent hiring demand has been and what kinds of jobs this industry has been recruiting. In April, more than 160,000 job ads were online by companies in this sector. Not only is this a 5% increase over last April, but also marked a new 4-year high in the number of online job ads during any single month.
Hiring Demand in the Financial Services Sector – 4 Year Hiring Trend
Below are the 10 metro areas with the highest volume of job ad by financial services organizations during April. We expected to see New York City at the top of the list, despite an 8% decline year-over-year in the number of ads. Chicago, Los Angeles, Dallas, and Washington (DC) rounded about the five cities with the most demand.
Cities with the Most Financial Services Job Ads during April
We also see that many of the most commonly advertised job titles in the financial services industry are banking related. Many of these aren’t too surprising since branches of banks and financial institutions continuously need staff.
- Personal Banker
- Customer Service Representative
- Branch Manager
- Financial Advisor
- Mortgage Loan Officer
- Administrative Assistant
- Business Analyst
- Project Manager
Despite many of the jobs being banking related, we found that most of the commonly required hard skills needed in job ads in the financial services sector are actually technology related.
- Microsoft Office
- Microsoft PowerPoint
- Structured query language (SQL)
- Microsoft Word
- Oracle Java
- Microsoft SQL Server (MS SQL)
- Microsoft Office Visio
- Word processing
- Microsoft .NET Framework