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Hiring Activity Report - iimjobs and hirist : BFSI-Quarter 1

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iimjobs and hirist have emerged as one of the leading players in the field of online recruitment , having a client base of top BFSI brands. We are the preferred technology platforms of several large BFSI companies for middle and senior level management personnel hiring and IT/software engineering personnel hiring.

The presentation shows the hiring activity of large BFSI companies (employee size greater than 1000) on iimjobs and hirist.The presentation covers points such as hiring by functional area, hiring by work experience, top locations-IT, Finance and Consulting jobs and mentions some of the roles/positions advertised during Quarter 1.

Below is a brief snapshot:

1. In Quarter 1, 33.73% of the jobs posted by the BFSI companies were IT jobs, followed by finance and consulting jobs- 31.88% and 20.17 % respectively.

2.There was an increase of 9.25 percentage points in the number of IT jobs advertised from January’19 to March’19. Apart from this, there was also an increase of 2.72 percentage points in the number of consulting jobs posted from January’19 to March’19

Register and log into iimjobs : https://recruit.iimjobs.com/login
Register and log into hirist : https://recruit.hirist.com/login

Get a demo of Search Resume Database-iimjobs: https://search.iimjobs.com/login
Get a demo of Search Resume Database-hirist: https://search.hirist.com/login

Publicada em: Recrutamento e RH
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Hiring Activity Report - iimjobs and hirist : BFSI-Quarter 1

  1. 1. BANKING AND FINANCIAL SERVICES INSURANCE HIRING ACTIVITY QUARTER-1: JANUARY’19-MARCH’19
  2. 2. TABLE OF CONTENTS 1. 2. 3. 4. 5. 6. HIRING BY WORK EXPERIENCE-BFSI 7. Page: 2 INTRODUCTION HIRING BY FUNCTIONAL AREA-BFSI HIRING FOR IT ROLES-BFSI HIRING FOR FINANCE ROLES-BFSI HIRING FOR CONSULTING ROLES-BFSI METHODOLOGY
  3. 3. INTRODUCTION Page: 3 According to the “Future of Jobs in India: a 2022 perspective” report published by EY, the BFSI sector is witnessing an increasing trend in the adoption of new technologies. Robotic Process Automation is one of the key technology trends that will facilitate optimization of business processes and enhancement of operational efficiency. Technological advancements such as these would lead to the emergence of new job roles and responsibilities due to a shift in the skill set requirement. 70-75% of the jobs in 2022 would require new skill set. Some of the emerging job roles in the sector include: • Data Scientists • Robot Programmers • Process Modeler experts • Cyber Security specialists • Quarter 1 witnessed a surge of IT jobs posted by BFSI companies on iimjobs and hirist. • Some of the IT roles advertised include: Big Data, Process Automation, Cyber/Information Security, Machine Learning/Artificial Intelligence etc.
  4. 4. HIRING BY FUNCTIONAL AREA-BFSI Page: 4 Quarter-1: Jan’19-Mar’19 • There was an increase of 5.7 percentage points in the jobs posted in IT domain in February’19 compared to January’19 and an increase of 3.55 percentage points in March’19 compared to February’19. • An increase of 2.12 percentage points in consulting jobs posted in February’19 compared to January’19 and an increase of 0.6 percentage points in March’19 compared to February’19 was also observed.. • 33.73% and 31.88% of the jobs were advertised for IT and Finance roles respectively in Quarter 1, by BFSI companies. • BFSI firms also looked to fill Consulting positions, constituting 20.17% of the jobs posted. • Sales and Marketing, HR, BPO, Legal and Operations roles were also posted.
  5. 5. HIRING FOR IT ROLES-BFSI Page: 5 • Gurgaon was the top location for attracting talent for IT roles, followed by Bangalore, Mumbai, Hyderabad and Pune in Quarter-1. • For 0-6 years work experience requirement in IT domain, Gurgaon was the location where maximum number of job vacancies were advertised. • For 6-15 years work experience bucket, Bangalore and Gurgaon were the preferred locations. • Senior Data Scientist (5-12 yrs.) • System Analyst - Workflows/API (6-12 yrs.) • Senior Associate - Analytics & Data Science - Sales Analytics Team (8-11 yrs.) • Python Developer - Django Framework (1-3 yrs.) • Full Stack Developer - Open Source/Python (7-12 yrs.) • Data Engineer - SQL/Data Visualization (6-12 yrs.) • Assistant Manager/Manager - IT Strategy - Project Management (4-12 yrs.) Average Minimum Work Experience (approx.) Average Maximum Work Experience (approx.) 5 years 9 years Some of the positions advertised in Quarter 1 include:
  6. 6. HIRING FOR FINANCE ROLES-BFSI Page: 6 • Mumbai was the preferred location for recruiting candidates for finance roles, followed by Gurgaon and Bangalore in Quarter-1. • For 0-6 years work experience bucket, majority of the job vacancies were advertised in Mumbai and Gurgaon. • For 6-15 years work experience bucket, recruiters looked for candidates to fill positions majorly in Gurgaon, Mumbai and Bangalore. • Manager/Senior Consultant/Consultant/Associate-Financial Due Diligence - Transaction Advisory - CA (1-8 yrs.) • Consultant/Senior Consultant - Infrastructure Financing/Fund Raising (5-8 yrs.) • Associate/Vice President/Analyst - Quantitative Research (2-12 yrs.) • Associate - CTC Risk - Liquidity Oversight - Wholesale Banking - Global Knowledge Network (3-5 yrs.) • Senior Manager - Regulatory Assurance - Internal Audit & Reviews (9-12 yrs.) • Associate/Vice President - Electronic Trading Quant Development - Model Risk Governance & Review (5-12 yrs.) • Analyst - Structural Interest Rate Risk (1-6 yrs.) • Assistant Vice President - Real Estate Investments - CA/IIM/ISB/MDI/FMS (5-7 yrs.) Average Minimum Work Experience (approx.) Average Maximum Work Experience (approx.) 4 years 8 years Some of the positions advertised in Quarter 1 include:
  7. 7. HIRING FOR CONSULTING ROLES-BFSI Page: 7 • For consulting roles, Gurgaon was the top location in terms of number of vacancies advertised by BFSI Companies in Quarter-1. • For 0-6 years and 6-15 work experience bucket, Gurgaon was also the preferred location. • For 6-15 years work experience bucket, recruiters also advertised jobs in Mumbai and Bangalore. • Divisional Business Strategy Partner (5-8 yrs.) • Senior Consultant/Manager/Senior Manager - Data Analytics (3-13 yrs.) • Senior Manager - Reporting & Analytics (10-15 yrs.) • Senior Analyst - Analytics (1-3 yrs.) • Senior Manager - Business Transformation (4-8 yrs.) • Manager - Project Management & Process Improvement - CRM Function (5-8 yrs.) • Analyst/Associate - Product Development - Treasury Services (1-7 yrs.) Average Minimum Work Experience (approx.) 3 years Average Maximum Work Experience (approx.) 7 years Some of the positions advertised in Quarter 1 include:
  8. 8. IT, FINANCE AND CONSULTING ROLES: LOCATION MAPPING IT JOBS FINANCE JOBS CONSULTING JOBS TOP LOCATIONS TOP LOCATIONS TOP LOCATIONS 1 Gurgaon 2 Bangalore 3 Mumbai 1 Mumbai 2 Gurgaon 3 Bangalore 1 Gurgaon Page: 8
  9. 9. HIRING BY WORK EXPERIENCE-BFSI Page: 9 0-6 years Work Experience 6-15 years Work Experience Note: Jobs with maximum work experience greater than specified range have been excluded in the calculation. • 34.95% of the jobs requiring 0-6 years work experience were finance jobs, followed by IT and Consulting jobs-29.80% and 26.99% respectively. • Maximum number of jobs (0-6 years work experience requirement) were advertised in Gurgaon, followed by Mumbai and Bangalore. • 37.11% of the jobs requiring 6-15 years work experience were IT jobs, followed by Finance and Consulting jobs-28.87% and 12.58% respectively. • Majority of the jobs (6-15 years work experience requirement) were advertised in Gurgaon, followed by Bangalore and Mumbai. Quarter-1: Jan’19-Mar’19 Quarter-1: Jan’19-Mar’19
  10. 10. METHODOLOGY Page: 10 The data is representative of the cumulative job listings on iimjobs and hirist. Data of Banking and Financial Services Insurance (BFSI) companies has been included and the overall hiring activity data has been presented. The employee size of the companies considered is above 1000, the logos of which have been placed in subsequent slides. Data has been extracted from iimjobs and hirist portals and the total sum of the jobs posted on both the platforms has been taken into account. The presentation covers points such as hiring by functional area, hiring by work experience etc. and mentions some of the roles/positions for which jobs were advertised during Quarter 1. Disclaimer: Only job listings of BFSI companies (with employee size above 1000) on iimjobs and hirist have been taken into consideration. It is recommended to seek professional advice before acting on the data.
  11. 11. Our BFSI customers use iimjobs and hirist Page: 11
  12. 12. Our BFSI customers use iimjobs and hirist Page: 12
  13. 13. Our BFSI customers use iimjobs and hirist Logos used for representation Page: 13
  14. 14. THANK YOU For any feedback, write to Author - Amatya Vishen at amatya@iimjobs.com Dated:25/05/2019 No part of this presentation shall be disseminated, used, shared or modified without permission. Connect with iimjobs on: iimjobs is the leading technology platform for middle and senior level management personnel hiring and is targeted towards graduates from premier business schools. hirist is the leading technology platform for IT/Software Engineering personnel hiring . Register and log in to hirist : https://recruit.iimjobs.com/login https://recruit.hirist.com/login Twitter Instagram Facebook Linkedin Youtube https://search.iimjobs.com/login https://search.hirist.com/login Get a demo of Search Resume Database-iimjobs : Get a demo of Search Resume Database-hirist : Register and log into iimjobs :

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