North America is experiencing a hiring boom in AI positions in private banking

North America extended its dominance for artificial intelligence (AI) hiring among private banking firms in the three months to March.

The number of roles in North America accounted for 49.4% of total AI employment, compared to 44.5% in the same quarter last year.

This was followed by the Middle East and Africa, which saw a year-over-year change of -0.1 percentage points in RN roles.

The figures are compiled by GlobalData, which tracks the number of new job postings from key companies in various industries over time. Using textual analysis, these job postings are then categorized by topic.

GlobalData’s thematic approach to industry activity seeks to group key company information by topic to see which companies are best positioned to weather the coming disruptions in their industries.

These key topics, which include artificial intelligence, are chosen to cover “any issue that keeps a CEO up at night.”

Tracking them through job postings allows us to see which companies are leading the way on specific issues and which are dragging their feet – and more importantly where the market is growing and contracting.

Which countries are seeing the fastest growth in AI job openings in private banking?

The fastest growing country was the United States, which saw 40.1% of all AI job openings in the three months ending March 2021, rising to 43.4% during for the three months ending March of this year.

Next come Canada (up 1.6 percentage points), Australia (0.8) and Poland (0.5).

The top country for RN positions in private banking is the United States, which saw 43.4% of all advertised positions in the three months ending March.

Which cities are the biggest hubs for AI workers in private banking?

Some 4.9% of all RN positions in private banking were advertised in New York (US) in the three months ending March.

Next come Toronto (Canada) with 4.2%, Pune (India) with 3.7% and Bengaluru (India) with 3.5%.

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