Investment Banking
UK

The table below looks at the prevalence of the term Investment Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Investment Banking over the 6 months to 28 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
28 May 2024
Same period 2023 Same period 2022
Rank 248 418 577
Rank change year-on-year +170 +159 -82
Permanent jobs citing Investment Banking 1,183 722 895
As % of all permanent jobs advertised in the UK 1.15% 0.74% 0.54%
As % of the General category 1.96% 1.09% 0.83%
Number of salaries quoted 512 609 538
10th Percentile £72,500 £57,500 £53,375
25th Percentile £88,438 £70,000 £61,250
Median annual salary (50th Percentile) £117,500 £107,500 £82,500
Median % change year-on-year +9.30% +30.30% -2.94%
75th Percentile £148,750 £132,500 £105,000
90th Percentile £165,000 £157,500 £130,000
UK excluding London median annual salary £85,000 £67,000 £60,000
% change year-on-year +26.87% +11.67% -5.88%

All General Skills
UK

Investment Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for common skills.

Permanent vacancies with a requirement for common skills 60,283 66,144 108,481
As % of all permanent jobs advertised in the UK 58.75% 67.94% 64.98%
Number of salaries quoted 39,987 35,943 51,825
10th Percentile £27,500 £32,500 £32,500
25th Percentile £36,250 £43,000 £42,521
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £72,426 £81,250 £80,000
90th Percentile £92,500 £102,500 £97,500
UK excluding London median annual salary £47,500 £52,500 £50,000
% change year-on-year -9.52% +5.00% +5.26%

Investment Banking
Job Vacancy Trend

Job postings citing Investment Banking as a proportion of all IT jobs advertised.

Job vacancy trend for Investment Banking in the UK

Investment Banking
Salary Trend

3-month moving average salary quoted in jobs citing Investment Banking.

Salary trend for Investment Banking in the UK

Investment Banking
Salary Histogram

Salary distribution for jobs citing Investment Banking over the 6 months to 28 May 2024.

Salary histogram for Investment Banking in the UK

Investment Banking
Top 13 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Investment Banking within the UK over the 6 months to 28 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England +103 815 £120,000 +9.09% 150
UK excluding London +357 605 £85,000 +26.87% 33
London +59 575 £125,000 +9.89% 128
Work from Home +112 375 £135,000 +22.73% 55
Scotland +127 364 £85,000 +21.43% 6
South West +159 225 - -
South East +5 7 £42,500 -61.36% 8
North of England +32 4 £110,000 +83.33% 11
North West -9 4 £110,000 +83.33% 10
West Midlands +1 2 £95,000 +80.09% 2
Midlands -14 2 £95,000 +80.09% 2
East of England - 2 £100,000 - 1
Northern Ireland -2 1 £65,000 +16.59% 2

Investment Banking
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 289 (24.43%) Apache
2 273 (23.08%) Apache Airflow
3 31 (2.62%) Confluence
4 22 (1.86%) GemFire
5 21 (1.78%) Apache Spark
6 18 (1.52%) Microsoft Exchange
7 15 (1.27%) Cloud Foundry
8 9 (0.76%) SharePoint
9 6 (0.51%) SAS
10 5 (0.42%) Tomcat
11 3 (0.25%) CMS
11 3 (0.25%) IIS
12 1 (0.085%) Adobe Experience Manager
12 1 (0.085%) Oracle Coherence
Applications
1 95 (8.03%) Microsoft Excel
2 92 (7.78%) Microsoft PowerPoint
3 70 (5.92%) Microsoft Office
4 12 (1.01%) MS Visio
5 1 (0.085%) Camtasia
Business Applications
1 14 (1.18%) Aladdin
2 1 (0.085%) Adaptiv
Cloud Services
1 521 (44.04%) AWS
2 281 (23.75%) dbt
3 252 (21.30%) Snowflake
4 139 (11.75%) GCP
5 51 (4.31%) Azure
6 25 (2.11%) Google Play
7 20 (1.69%) Power Platform
8 9 (0.76%) GitHub
8 9 (0.76%) Microsoft 365
9 4 (0.34%) Firebase
9 4 (0.34%) Serverless
10 3 (0.25%) Amazon CloudWatch
10 3 (0.25%) Amazon SageMaker
10 3 (0.25%) Azure Data Factory
10 3 (0.25%) Azure DevOps
10 3 (0.25%) Datadog
10 3 (0.25%) Microsoft Purview
11 2 (0.17%) Azure Synapse Analytics
12 1 (0.085%) Power Automate
12 1 (0.085%) PowerApps
Communications & Networking
1 17 (1.44%) DSL
2 13 (1.10%) Firewall
3 10 (0.85%) Internet
4 7 (0.59%) VPN
5 6 (0.51%) Cisco ASA
6 4 (0.34%) Remote Desktop
6 4 (0.34%) WAN
7 3 (0.25%) LAN
8 2 (0.17%) DHCP
8 2 (0.17%) DNS
8 2 (0.17%) HTTP
9 1 (0.085%) IPv4
9 1 (0.085%) SD-WAN
9 1 (0.085%) SSH
9 1 (0.085%) VSAN
Database & Business Intelligence
1 282 (23.84%) Apache Arrow
2 281 (23.75%) Dremio
3 280 (23.67%) Data Lake
4 273 (23.08%) Amazon Athena
4 273 (23.08%) Apache Ignite
5 61 (5.16%) Tableau
6 36 (3.04%) MongoDB
7 31 (2.62%) Big Data
8 27 (2.28%) NoSQL
9 21 (1.78%) Apache Cassandra
9 21 (1.78%) CockroachDB
9 21 (1.78%) Hazelcast
10 20 (1.69%) Power BI
11 17 (1.44%) DB2
11 17 (1.44%) MySQL
11 17 (1.44%) SQL Server
12 16 (1.35%) Elasticsearch
12 16 (1.35%) Relational Database
13 9 (0.76%) BusinessObjects
14 8 (0.68%) KDB
Development Applications
1 75 (6.34%) Cypress.io
2 73 (6.17%) JUnit
3 67 (5.66%) Selenium
4 63 (5.33%) WebDriver
5 60 (5.07%) Jasmine
5 60 (5.07%) Karma Test Runner
5 60 (5.07%) Protractor
6 33 (2.79%) Maven
7 25 (2.11%) Android Studio
8 21 (1.78%) Git
8 21 (1.78%) Jaeger
9 20 (1.69%) Cucumber
10 19 (1.61%) Jenkins
11 15 (1.27%) JIRA
12 9 (0.76%) GitLab
13 6 (0.51%) TeamCity
14 4 (0.34%) Crashlytics
15 3 (0.25%) FitNesse
15 3 (0.25%) Octopus Deploy
15 3 (0.25%) SonarQube
General
1 1,183 (100.00%) Banking
2 1,034 (87.40%) Finance
3 594 (50.21%) Law
4 591 (49.96%) Inclusion and Diversity
5 420 (35.50%) Front Office
6 180 (15.22%) Social Skills
7 152 (12.85%) Analytical Skills
8 119 (10.06%) Financial Institution
9 95 (8.03%) Marketing
10 56 (4.73%) Presentation Skills
11 50 (4.23%) Legal
12 28 (2.37%) Organisational Skills
13 26 (2.20%) Corporate Banking
14 24 (2.03%) Prime Brokerage
15 21 (1.78%) Games
16 19 (1.61%) French Language
17 15 (1.27%) Publishing
18 10 (0.85%) Influencing Skills
19 6 (0.51%) Private Banking
20 5 (0.42%) Documentation Skills
Job Titles
1 477 (40.32%) Software Engineer
2 285 (24.09%) Java Engineer
2 285 (24.09%) Lead
3 276 (23.33%) Java Software Engineer
4 217 (18.34%) Analyst
5 188 (15.89%) Developer
6 180 (15.22%) Lead Software Engineer
6 180 (15.22%) Senior
7 149 (12.60%) Python Engineer
7 149 (12.60%) Python Software Engineer
8 140 (11.83%) AWS Engineer
8 140 (11.83%) AWS Software Engineer
9 126 (10.65%) Lead Java Engineer
10 98 (8.28%) Senior Software Engineer
11 89 (7.52%) Java Developer
12 74 (6.26%) Developer/Software Engineer
13 70 (5.92%) Architect
14 67 (5.66%) Software Developer
15 62 (5.24%) Lead Developer
16 61 (5.16%) Team Leader
Libraries, Frameworks & Software Standards
1 272 (22.99%) Pandas
2 271 (22.91%) gRPC
2 271 (22.91%) NumPy
2 271 (22.91%) Protocol Buffers
2 271 (22.91%) SciPy
3 181 (15.30%) Spring
4 151 (12.76%) React
5 122 (10.31%) Spring Boot
6 106 (8.96%) HTML
7 101 (8.54%) CSS
8 95 (8.03%) AngularJS
9 91 (7.69%) Kafka
10 62 (5.24%) Hibernate
10 62 (5.24%) JSON
11 61 (5.16%) J2EE
11 61 (5.16%) jQuery
11 61 (5.16%) Node.js
12 60 (5.07%) Jest
12 60 (5.07%) JMS
12 60 (5.07%) Twitter Bootstrap
Miscellaneous
1 362 (30.60%) Foreign Exchange (FX)
2 345 (29.16%) Fixed Income
3 328 (27.73%) Derivative
4 313 (26.46%) Hedge funds
5 304 (25.70%) Equities
6 168 (14.20%) Cloud Native
7 118 (9.97%) Algorithms
8 84 (7.10%) Self-Motivation
9 65 (5.49%) Product Ownership
10 63 (5.33%) Data Structures
11 50 (4.23%) Public Cloud
12 36 (3.04%) Management Information System
12 36 (3.04%) Pricing Data
13 25 (2.11%) Onboarding
14 24 (2.03%) Private Cloud
15 23 (1.94%) Mobile App
16 21 (1.78%) Credit Risk
16 21 (1.78%) Replication
17 18 (1.52%) OTC Derivatives
18 16 (1.35%) Distributed Applications
Operating Systems
1 41 (3.47%) Windows
2 37 (3.13%) Linux
3 29 (2.45%) Android
4 16 (1.35%) Red Hat Enterprise Linux
4 16 (1.35%) Windows Server
5 11 (0.93%) Unix
6 4 (0.34%) Apple iOS
7 3 (0.25%) Windows 10
7 3 (0.25%) Windows XP
8 1 (0.085%) AIX
8 1 (0.085%) Debian
Processes & Methodologies
1 757 (63.99%) Agile
2 664 (56.13%) Software Engineering
3 457 (38.63%) Asset Management
4 331 (27.98%) SDLC
5 304 (25.70%) CI/CD
6 297 (25.11%) Operational Stability
7 291 (24.60%) Machine Learning
8 284 (24.01%) Artificial Intelligence
9 257 (21.72%) Investment Management
10 226 (19.10%) Community of Practice
11 186 (15.72%) Problem-Solving
12 126 (10.65%) Continuous Improvement
13 125 (10.57%) Coaching
13 125 (10.57%) Visualisation
14 122 (10.31%) Information Architecture
15 118 (9.97%) TDD
16 114 (9.64%) Architectural Design
17 112 (9.47%) Greeks
18 111 (9.38%) Analytics
19 106 (8.96%) Multithreading
Programming Languages
1 619 (52.32%) Java
2 437 (36.94%) Python
3 417 (35.25%) JavaScript
4 362 (30.60%) TypeScript
5 171 (14.45%) SQL
6 38 (3.21%) Kotlin
7 36 (3.04%) Groovy
8 33 (2.79%) C#
9 32 (2.70%) Scala
10 22 (1.86%) Ruby
11 19 (1.61%) Bash
12 18 (1.52%) Perl
12 18 (1.52%) PL/SQL
13 17 (1.44%) PowerShell
14 15 (1.27%) T-SQL
15 9 (0.76%) Korn
16 8 (0.68%) R
17 5 (0.42%) C++
17 5 (0.42%) Shell Script
18 4 (0.34%) Swift
Qualifications
1 127 (10.74%) Degree
2 19 (1.61%) Master's Degree
3 16 (1.35%) Computer Science Degree
4 11 (0.93%) MBA
5 6 (0.51%) Tableau Certification
6 4 (0.34%) Azure Certification
7 3 (0.25%) CISA
7 3 (0.25%) CISM
7 3 (0.25%) CISSP
7 3 (0.25%) PhD
8 2 (0.17%) AWS Certification
8 2 (0.17%) CRISC
8 2 (0.17%) MCSA
8 2 (0.17%) Microsoft Certification
8 2 (0.17%) SAFe Agilist
9 1 (0.085%) CCAB
9 1 (0.085%) QiCA
Quality Assurance & Compliance
1 124 (10.48%) Data Quality
2 45 (3.80%) Accessibility
3 19 (1.61%) SLA
4 13 (1.10%) QA
5 5 (0.42%) SEPA
5 5 (0.42%) TARGET2
6 3 (0.25%) MiFID
6 3 (0.25%) NIST
7 2 (0.17%) EMIR
8 1 (0.085%) COBIT
8 1 (0.085%) ISO/IEC 27001
8 1 (0.085%) ITGC
8 1 (0.085%) PMO
8 1 (0.085%) Sarbanes-Oxley
System Software
1 22 (1.86%) Docker
2 9 (0.76%) Active Directory
3 5 (0.42%) VMware Infrastructure
4 4 (0.34%) XenApp
4 4 (0.34%) XenDesktop
5 2 (0.17%) Apache ZooKeeper
5 2 (0.17%) VMware ESXi
5 2 (0.17%) VMware NSX
5 2 (0.17%) vSphere
6 1 (0.085%) GridGain
6 1 (0.085%) Hyper-V
6 1 (0.085%) Microsoft App-V
6 1 (0.085%) Microsoft Virtual Server
6 1 (0.085%) Virtual Servers
Systems Management
1 45 (3.80%) Kubernetes
2 35 (2.96%) Grafana
3 25 (2.11%) Terraform
4 24 (2.03%) Prometheus
5 21 (1.78%) HAProxy
5 21 (1.78%) ITRS Geneos
5 21 (1.78%) Kibana
5 21 (1.78%) Zipkin
6 18 (1.52%) Ansible
7 13 (1.10%) Puppet
8 12 (1.01%) Graphite
9 9 (0.76%) Red Hat Satellite
10 7 (0.59%) Single Sign-On
11 5 (0.42%) Control-M
12 1 (0.085%) Microsoft Intune
12 1 (0.085%) Oracle Enterprise Manager
12 1 (0.085%) SCCM
12 1 (0.085%) SCOM
12 1 (0.085%) vCenter Server
12 1 (0.085%) ZABBIX
Vendors
1 117 (9.89%) Microsoft
2 55 (4.65%) Oracle
3 44 (3.72%) Alteryx
4 35 (2.96%) Splunk
5 25 (2.11%) Google
6 21 (1.78%) Dynatrace
7 20 (1.69%) Sybase
8 19 (1.61%) Cognos
8 19 (1.61%) Databricks
9 16 (1.35%) Bloomberg
9 16 (1.35%) Red Hat
10 14 (1.18%) BISAM
11 13 (1.10%) Citrix
12 12 (1.01%) VMware
13 9 (0.76%) ServiceNow
13 9 (0.76%) TOWER Software
14 8 (0.68%) Sun
15 7 (0.59%) Fortinet
15 7 (0.59%) Pega
15 7 (0.59%) UiPath