reCareered: Who's hiring in finance – October 2009

October 25, 11:47 AMCareer Transition ExaminerPhil Rosenberg

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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.

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