iimjobs and hirist have emerged as one of the leading players in the field of online recruitment, having a client base of top brands across various industries including BFSI. Several large BFSI companies prefer iimjobs and hirist. According to the iimjobs and hirist BFSI Hiring Activity Report : April’19-June’19, large BFSI companies posted jobs in the following domains: IT, Finance, Consulting, Sales/Marketing, HR, Legal, Operations and BPO. • The 'job share' of IT jobs was maximum-39.6%, followed by finance, consulting and sales/ marketing jobs: 25.6%, 19.2% and 9.5% respectively. • There was a rise of 3.8 percentage points in the 'job share' of finance jobs from April’19-June’19. • A 1.53 percentage point rise in the 'job share' of sales and marketing jobs from April’19-June’19, was also observed. Some of the jobs advertised are as follows : IT Jobs - • Java Developer - Application Server (3-6 yrs.) • Senior Principal/Master Principal Engineer - Android (3-8 yrs.) • Software Test Engineer - Automation Testing (2-4 yrs.) • Java Developer - Data Structure/Algorithm (2-5 yrs.) • Principal Engineer - Manual Software Testing (2-5 yrs.) • Senior Software Engineer - Java/Data Structure/Algorithm/Hadoop (9-15 yrs.) • System Analyst - Java/UML/OOPS (6-10 yrs.) • Mobile App Developer - Objective C/SDK (5-8 yrs.) Finance Jobs - • Analyst - Cash Equities Quant - Index Strategies (1-5 yrs.) • Credit Analyst/Senior Credit Analyst - Quants (1-5 yrs.) • Risk Modeler - Probability of Default/Loss Given Default (6-9 yrs.) • AVP - Sector Agnostic Private Equity - CA/IIM/ISB/FMS/MDI (5-7 yrs.) • Manager/Senior Manager - Credit & Asset Management - Real Estate Sector (3-5 yrs.) • Associate - Structural Interest Rate Risk (3-7 yrs.) • Associate - Financial Planning & Analysis (7-10 yrs.) • Model Risk Management - Model Validation Team (2-3 yrs.) Consulting Jobs- • Lean Six Sigma Consultant - Black Belt - Manufacturing Industry (6-10 yrs.) • Senior Supply Chain Consultant - IIM/ISB/MDI/FMS (8-12 yrs.) • Manager - Business Transformation (4-7 yrs.) • Director - Presales - Global Research & Analytics - India (9-19 yrs.) • Manager - Advance Analytics - Global Commercial Payments (4-6 yrs.) • Consultant/Associate Managing Consultant-Project Management-IIM/MDI/ISB/FMS (3-7 yrs.) • Strategic Business Consultant (5-10 yrs.) • Associate/Senior Associate - Analytics Reporting Expert (5-9 yrs.) Large BFSI firms looked actively for candidates with niche IT skills on iimjobs and hirist from April’19-June’19. Apart from evolving business needs, the introduction of technologies like Artificial Intelligence is leading to a rise in demand for tech. talent in the BFSI sector.The demand for IT professionals strengthens the need for the development of an effective candidate engagement strategy to tap into the niche job market of IT professionals. Engage with top talent on iimjobs and hirist.

1. BANKING , FINANCIAL SERVICES AND INSURANCE
HIRING ACTIVITY
APRIL’19-JUNE’19 QUARTER

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. INTRODUCTION
Page: 3
BFSI sector is witnessing a paradigm shift towards the utilization of technology for streamlining processes, leading to a rise in
demand for IT professionals. Around 40% of the jobs posted by large BFSI firms on iimjobs and hirist from April’19-June’19
were IT jobs, which is the highest compared to other job functions. The job share of IT jobs was also maximum for both 0-6
years and 6-15 years work experience requirement. The requirement of IT skills will be on the rise due to the increased demand
for skilled IT professionals.
Artificial Intelligence skills are one of the most sought after IT skills in the BFSI sector. According to a report published by
Accenture titled ‘Accenture Banking Technology Vision 2018’, 83% of Indian bankers were of the opinion that AI will work
alongside humans in 2019 and 2020. The technology which simulates human intelligence is transforming the operating
structures of BFSI firms. Incorporation of Artificial Intelligence Technology will automate routine work and enable the
workforce to engage in more creative tasks. Thus, the dependency on performing repetitive tasks manually will decrease with
the utilization of AI Technology and more number of opportunities will be created for the workforce in the form of intellectually
stimulating job roles that drive business growth and profitability.
Due to introduction of technologies like AI and evolving business needs , the hiring strategy of the BFSI organizations is now
focused increasingly on hiring tech. talent.

4. INTRODUCTION
Page: 4
The trend of emerging technologies like AI in BFSI firms is revolutionizing the organizational processes and systems and has a
lot of potential for improving workforce productivity, sustaining cost optimization and increasing profitability. The increased
demand for technology professionals strengthens the need for the development of an effective candidate engagement strategy to
tap into the niche job market of IT professionals.
Large BFSI companies looked actively for IT professionals on iimjobs and hirist from April’19-June’19 and required candidates
to possess strong IT skills such as Artificial Intelligence skills.
Many AI job roles were posted on iimjobs and hirist from April’19-June’19, some of these are as follows :
• Artificial Intelligence Architect - Machine Learning/Deep Learning (8-20 yrs.)
• Senior Service Delivery Leader - Artificial Intelligence (10-14 yrs.)
• Machine Learning Engineer II - Artificial Intelligence (5-6 yrs.)
• Specialist - Artificial Intelligence (4-6 yrs.)
• Senior Analyst - Artificial Intelligence (2-3 yrs.)

5. HIRING BY FUNCTIONAL AREA-BFSI
Page: 5
Quarter: Apr’19-Jun’19
• There was a rise of 3.8 percentage points in the job
share of finance jobs from April’19 to June’19.
• A rise of 1.53 percentage points in the job share of
sales and marketing jobs from April’19 to June’19, was
also observed.
• The job share of IT jobs rose by 3.98 percentage points
in May’19 compared to April’19.
• 39.6% of the jobs advertised by BFSI companies from
April’19-June’19 were IT jobs followed by Finance
and Consulting jobs-25.6% and 19.2% respectively
• The job share of Sales and Marketing jobs was 9.5 %.
• Apart from this, HR, BPO, Legal and Operations roles
were also posted.
Value in %

6. HIRING FOR IT ROLES-BFSI
Page: 6
• Gurgaon was the top location for attracting talent for IT roles, followed by Bangalore, Mumbai, Hyderabad and Pune from
April’19-June’19.
• For 0-6 years work experience requirement in IT domain, maximum number of job vacancies were advertised in Gurgaon,
followed by Bangalore.
• For 6-15 years work experience requirement, Gurgaon and Bangalore were the preferred locations. Jobs were also
advertised in Hyderabad and Pune.
• Java Developer - Application Server (3-6 yrs.)
• Senior Principal/Master Principal Engineer - Android (3-8 yrs.)
• Software Test Engineer - Automation Testing (2-4 yrs.)
• Java Developer - Data Structure/Algorithm (2-5 yrs.)
• Principal Engineer - Manual Software Testing (2-5 yrs.)
• Senior Software Engineer - Java/Data Structure/Algorithm/Hadoop (9-15 yrs.)
• System Analyst - Java/UML/OOPS (6-10 yrs.)
• Mobile App Developer - Objective C/SDK (5-8 yrs.)
Average Minimum Work Experience (approx.)
Average Maximum Work Experience (approx.)
5 years
9 years
Some of the jobs advertised are as follows:

7. HIRING FOR FINANCE ROLES-BFSI
Page: 7
• Mumbai was the preferred location for recruiting candidates for finance roles, followed by Gurgaon and Bangalore from
April’19-June’19.
• For 0-6 years work experience requirement in finance domain, majority of the job vacancies were advertised in Mumbai
and Gurgaon.
• For 6-15 years work experience requirement, recruiters looked for candidates to fill positions mostly in Mumbai, Gurgaon
and Bangalore.
• Analyst - Cash Equities Quant - Index Strategies (1-5 yrs.)
• Credit Analyst/Senior Credit Analyst - Quants (1-5 yrs.)
• Risk Modeler - Probability of Default/Loss Given Default (6-9 yrs.)
• AVP - Sector Agnostic Private Equity - CA/IIM/ISB/FMS/MDI (5-7 yrs.)
• Manager/Senior Manager - Credit & Asset Management - Real Estate Sector (3-5 yrs.)
• Associate - Structural Interest Rate Risk (3-7 yrs.)
• Associate - Financial Planning & Analysis (7-10 yrs.)
• Model Risk Management - Model Validation Team (2-3 yrs.)
Average Minimum Work Experience (approx.)
Average Maximum Work Experience (approx.)
4 years
8 years
Some of the jobs advertised are as follows:

8. HIRING FOR CONSULTING ROLES-BFSI
Page: 8
• For consulting roles, Gurgaon was the top location , followed by Mumbai and Bangalore from April’19-June’19.
• For 0-6 years work experience requirement in consulting domain, Gurgaon was the location where maximum number of
jobs were advertised.
• For 6-15 years work experience requirement, Gurgaon and Mumbai were the preferred locations, witnessing maximum
hiring activity.
• Lean Six Sigma Consultant - Black Belt - Manufacturing Industry (6-10 yrs.)
• Senior Supply Chain Consultant - IIM/ISB/MDI/FMS (8-12 yrs.)
• Manager - Business Transformation (4-7 yrs.)
• Director - Presales - Global Research & Analytics - India (9-19 yrs.)
• Manager - Advance Analytics - Global Commercial Payments (4-6 yrs.)
• Consultant/Associate Managing Consultant-Project Management-IIM/MDI/ISB/FMS (3-7 yrs.)
• Strategic Business Consultant (5-10 yrs.)
• Associate/Senior Associate - Analytics Reporting Expert (5-9 yrs.)
Average Minimum Work Experience (approx.)
Average Maximum Work Experience (approx.)
4 years
7 years
Some of the jobs advertised are as follows:

9. 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
2 Mumbai
3 Bangalore

10. HIRING BY WORK EXPERIENCE-BFSI
Page: 10
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.
• 35.1% jobs requiring 0-6 years work
experience were IT jobs, followed by Finance
and Consulting jobs-30% and 25.7%
respectively.
• Maximum number of jobs (0-6 years work
experience requirement) were advertised in
Gurgaon, followed by Mumbai and Bangalore.
• 42.7% jobs requiring 6-15 years work
experience were IT jobs, followed by Finance
and Consulting jobs-20.2% and 14%
respectively.
• Majority of the jobs (6-15 years work
experience requirement) were advertised in
Gurgaon. Bangalore and Mumbai were the
other top locations.
Quarter : Apr’19-Jun’19 Quarter : Apr’19-Jun’19

11. METHODOLOGY
Page: 11
The data is representative of the cumulative job listings on iimjobs and hirist. Data of Banking, Financial Services and 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.
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, top locations-
IT, Finance and Consulting jobs and mentions some of the jobs advertised from April’19-June’19.
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.
References:
1. Accenture Report : Redefine Banking with Artificial Intelligence
2. https://www.dqindia.com/evolution-skills-bfsi-sector/

12. Our BFSI customers use iimjobs and hirist
Page: 12Logos used for representation

13. Our BFSI customers use iimjobs and hirist
Page: 13Logos used for representation

14. Our BFSI customers use iimjobs and hirist
Logos used for representation Page: 14

15. THANK YOU
For any feedback, write to
Author - Amatya Vishen at
amatya@iimjobs.com
Dated:27/07/2019
No part of this presentation shall be disseminated, used, shared or modified without permission.
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