reCareered: Who’s Hiring in Finance – October 2009

Banks, Consulting firms, and Financial advisors top Finance hiring during October 2009, based on job advertisements open for 30 days from the top job boards.

Led by banks that are repaying TARP funds, banks including Chase, Wachovia, PNC, Citi, HSBC, Fifth Third, Wells Fargo, Bank of America, and National City are the top Finance hiring firms in October. Many of these banks are expanding regionally, such as JPMorgan Chase.

Consulting firms including Deloitte, IBM, CSC, and KPMG are staffing to support financial institution and process improvement practices, as they are landing significant projects to help clients build profitability improving technology. Some of these positions are straight finance, while others are profitability consulting (supply chain, for example), and others are finance/technology hybrid roles.

Financial advisors including Edward Jones, Morgan Stanley, Scotttrade, Merrill Lynch, New York Life, AXA, and VALIC are building. While Wall Street may still be hurting from last year’s financial meltdown, Financial advisory firms on Main Street still have an increasing needs for client facing employees as Baby Boomers continue retirement. In addition, as layoffs occur, workers need to roll over employer-managed 401-Ks into IRAs.

Top Finance Hiring Organizations – October 2009

  1. JPMorgan Chase
  2. Deloitte
  3. Edward Jones
  4. Wachovia Corporation
  5. PNC Financial
  6. IBM
  7. Citi
  8. HSBC
  9. Fifth Third Bank
  10. Wells Fargo
  11. Morgan Stanley Smith Barney
  12. Bank of America
  13. Computer Sciences Corporation (CSC)
  14. UnitedHealth Group
  15. National City
  16. Scottrade
  17. Merrill Lynch
  18. New York Life
  19. Security Finance Corporation
  20. AXA Advisors
  21. Farmers Insurance
  22. VALIC
  23. Country Financial
  24. KPMG LLP

Sources: CareerBuilder, Monster, Indeed, SimplyHired. Excluded: Recruiters & Staffing firms.

Readers – If you know of employers announcing significant hiring plans, or employers actively adding large numbers of employees, please comment below to add to this list.

Trackback: http://recareered.blogspot.com/2009/10/whos-hiring-in-finance-october-2009.html

Phil Rosenberg is President of reCareered and runs Career Change Central, recently named one of Linkedin’s top groups that job seekers must join. An active blogger about career transition, Phil’s articles have been republished by Business Week, The Wall Street Journal, CIO, FastCompany and dozens of job/recruiting sites.

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