Top 15 Financial Firms Filing the Most H-1B Visas: The H-1B visa program is a crucial gateway for financial firms in the United States to attract top-tier foreign talent. Major financial institutions, such as JPMorgan Chase, Goldman Sachs, and BlackRock, file thousands of H-1B applications annually to hire skilled professionals, particularly in technology, data science, and quantitative finance roles.
In this article, we will explore the top 15 financial companies that file the most H-1B visa applications, the types of jobs they sponsor, and what this means for both job seekers and the financial industry.
Top 15 Financial Firms Filing the Most H-1B Visas
| Company | H-1B Filings (2024) | Employee Count | Popular Sponsored Roles |
|---|---|---|---|
| JPMorgan Chase | 1,990 | 317,233 | Software Engineer, Investment Banking VP |
| Goldman Sachs | 1,443 | 46,500 | Quantitative Analyst, Risk Manager |
| Citibank N.A. | 1,058 | 239,000 | Application Developer, Trader |
| Capital One | 758 | 51,987 | Data Scientist, Risk Analyst |
| Morgan Stanley | 642 | 80,000 | Associate, Managing Director |
| Barclays | 609 | 85,000 | Equity Derivatives Structurer, Credit Desk Quant |
| American Express | 575 | 74,000 | Marketing Analyst, Strategy Consultant |
| Wells Fargo | 453 | 220,167 | Lead Securities Trader, Risk Manager |
| Mastercard | 447 | 33,400 | Product Manager, Cybersecurity Engineer |
| PNC Financial | 429 | 32,100 | Market Risk Manager, Treasury Analyst |
| BlackRock | 354 | 20,000 | Sustainable Investing Associate, Relationship Manager |
| UBS | 294 | 109,396 | Investment Banking Director, Asset Manager |
| Fidelity | 1,406 | Data Not Specified | Technology-focused roles |
| PayPal | 736 | Data Not Specified | Tech and finance-related roles |
The financial industry’s reliance on H-1B visas underscores the growing demand for skilled professionals in technology, data science, and investment management. Firms like JPMorgan, Goldman Sachs, and BlackRock lead the way in hiring foreign talent to drive innovation, compliance, and financial strategies. As financial firms compete in an increasingly globalized and tech-driven world, their ability to attract top talent through H-1B sponsorships remains a key factor for success.
Why Do Financial Firms Rely on H-1B Visas?
The financial industry has undergone a significant transformation over the past two decades, with a heavy reliance on technology, data analytics, and machine learning. As a result, companies seek specialized talent in software development, artificial intelligence (AI), and cybersecurity—skills that are often in short supply domestically.
Key Reasons for H-1B Sponsorship:
- Talent Shortage – The demand for STEM (Science, Technology, Engineering, and Mathematics) professionals far exceeds the supply in the U.S.
- Global Competition – Leading firms compete with tech giants like Google and Amazon to hire the best minds.
- Regulatory and Risk Management Expertise – Financial regulations require firms to employ specialists in financial compliance, risk management, and regulatory technology.
- Diversity and Innovation – A global workforce fosters innovation and competitiveness in the finance sector.
How Financial Firms Use H-1B Workers
H-1B visa holders play a vital role in ensuring financial firms stay at the cutting edge of technology and risk management. Here are the primary job categories where these firms employ foreign professionals:
1. Technology & Engineering
- Software Engineers
- Cloud Computing Experts
- Cybersecurity Specialists
2. Data & Quantitative Analysis
- Data Scientists
- Quantitative Researchers
- Risk Analysts
3. Finance & Investment Roles
- Portfolio Managers
- Investment Bankers
- Financial Consultants
4. Compliance & Risk Management
- Regulatory Risk Managers
- Compliance Officers
- Fraud Prevention Specialists
2025 COLA Increase Announced: Social Security Payment Dates Revealed!
First Social Security Payments of 2025: New Requirements and Updated Amounts
Top Financial Firms Hiring H-1B Workers
1. JPMorgan Chase & Co.
- H-1B Filings: 1,990
- Key Roles: Software Engineers, Client Fraud Prevention Experts
- Why? JPMorgan is aggressively investing in fintech and AI-driven risk assessment.
2. Goldman Sachs
- H-1B Filings: 1,443
- Key Roles: Quantitative Analysts, Financial Crime Control Experts
- Why? The firm has a strong data-driven trading desk that needs AI specialists.
3. Citibank N.A.
- H-1B Filings: 1,058
- Key Roles: Regulatory Risk Group Manager, Algorithmic Trading Developers
- Why? Citibank’s operations span over 160 countries, requiring a diverse workforce.
4. Capital One
- H-1B Filings: 758
- Key Roles: Data Scientists, Risk Analysts
- Why? Capital One is a leader in AI-driven credit risk assessment.
FAQs On Top 15 Financial Firms Filing the Most H-1B Visas
1. How does the H-1B visa benefit financial firms?
H-1B visas allow financial companies to hire top global talent, ensuring that they remain competitive in technology, risk management, and compliance.
2. What are the salary expectations for H-1B professionals in finance?
Salaries vary based on role and experience, but typically:
- Software Engineers: $120,000 – $180,000
- Data Scientists: $130,000 – $200,000
- Investment Banking VP: $150,000 – $250,000
3. What are the key challenges of hiring H-1B workers?
- Visa Caps – The H-1B lottery system makes hiring unpredictable.
- Regulatory Uncertainty – Changing immigration policies can impact recruitment plans.
- Higher Costs – H-1B sponsorships require legal fees, processing costs, and compliance measures.
4. Can H-1B employees transition to Green Cards?
Yes. Many companies sponsor employment-based green cards, allowing workers to gain permanent residency.
