(Financial) services Banks have advertised slightly more jobs again

SDA

4.7.2024 - 14:36

The number of jobs on offer for bank employees looking for work increased again slightly in June. The number of jobs advertised by the ten largest Swiss banks has risen significantly. (The picture shows Zurich's Paradeplatz between the banks UBS and Credit Suisse).
The number of jobs on offer for bank employees looking for work increased again slightly in June. The number of jobs advertised by the ten largest Swiss banks has risen significantly. (The picture shows Zurich's Paradeplatz between the banks UBS and Credit Suisse).
Keystone

The number of jobs on offer for bank employees looking for work increased again slightly in June. The number of jobs advertised by the ten largest Swiss banks has risen significantly.

Overall, there are almost 9 percent more job advertisements on the banks' websites than in May. This is shown by an analysis of the job portal Indeed, which counts and analyzes the bank jobs advertised for the news agency AWP. Only jobs with a place of work in Switzerland are taken into account.

However, with around 770 advertised positions, the number on offer at the ten largest banks is significantly lower than a year ago. At that time, Credit Suisse, which is currently being integrated into UBS, was also still looking for new staff on a significant scale, meaning that around 200 more applicants were being sought than today.

In the meantime, there are no longer any vacancies to be found on the Credit Suisse site; instead, as in many other areas, reference is simply made to the UBS site. A few days ago, however, the Swiss Credit Suisse company was legally merged into UBS.

More job advertisements at Pictet and Baer

The evaluation of the job portal Indeed shows that, on the one hand, UBS advertised more jobs in June than in May (+8 percent), but on the other hand, significantly more job advertisements were found at the private bank Pictet and at Bank Julius Baer in particular. At Pictet, the number of vacancies rose by 77 percent to 76 within one month, at Julius Baer by 33 percent to 61.

The number of job offers is lower than a month ago at Bank Vontobel (-15 percent) and the Vaud Cantonal Bank (-17 percent), among others.