The table below looks at the prevalence of the term Banking in IT jobs advertised for the Canary Wharf region. Included is a guide to the average salaries offered in IT jobs that have cited Banking over the 3 months to 27 March 2015 with a comparison to the same period in the previous 2 years.

Location
3 months to
27 Mar 2015
Same period 2014 Same period 2013
Banking
Rank 9 22 1
Rank change year-on-year
+13 -21
Permanent jobs citing Banking 21 19 164
As % of all permanent IT jobs located in Canary Wharf 13.64% 7.51% 48.09%
As % of the General category 29.58% 9.95% 60.52%
Number of salaries quoted 10 18 118
Average salary £58,750 £80,000 £90,000
Average salary % change year-on-year
-26.56% -11.11%
90% offered a salary of more than £30,000 £57,750 £51,500
10% offered a salary of more than £100,500 £113,000 £100,000
UK excluding London average salary £50,000 £47,500 £47,000
% change year-on-year
+5.26% +1.06%
Banking
London

The following table is for comparison with the above and provides statistics for the entire General category in permanent jobs advertised in the Canary Wharf region.

General Category
Canary Wharf
Permanent IT job ads with a match in the
General category
71 191 271
As % of all permanent IT jobs located in Canary Wharf 46.10% 75.49% 79.47%
Number of salaries quoted 50 161 210
Average salary £57,500 £80,000 £95,000
Average salary % change year-on-year
-28.12% -15.78%
90% offered a salary of more than £30,000 £55,000 £53,400
10% offered a salary of more than £78,700 £100,000 £115,000
UK excluding London average salary £45,000 £42,500 £42,000
% change year-on-year
+5.88% +1.19%

Banking
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of permanent IT jobs citing Banking across the Canary Wharf region as a proportion of the total demand within the General category.

Banking Jobs Demand Trend in Canary Wharf

Banking
Salary Trend in Canary Wharf

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Banking across the Canary Wharf region.

Banking Salary Trend in Canary Wharf

Banking
Salary Histogram in Canary Wharf

This chart provides a salary histogram for IT jobs citing Banking across the Canary Wharf region over the 3 months to 27 March 2015.

Banking Salary Histogram in Canary Wharf

Banking
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 27 March 2015, IT jobs across the Canary Wharf region citing Banking also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled that cited Banking.

1 25 (75.76%) Finance
2 19 (57.58%) Investment Banking
3 12 (36.36%) Analytical Skills
4 11 (33.33%) Degree
5 10 (30.30%) SQL
5 10 (30.30%) Risk Management
6 9 (27.27%) Corporate Banking
7 8 (24.24%) Investment Management
7 8 (24.24%) Financial Institution
7 8 (24.24%) Continuous Improvement
8 6 (18.18%) Agile Software Development
9 5 (15.15%) Derivative
9 5 (15.15%) Java
10 4 (12.12%) C++
10 4 (12.12%) Linux
10 4 (12.12%) OO
10 4 (12.12%) Change Management
10 4 (12.12%) Stakeholder Management
10 4 (12.12%) Retail
10 4 (12.12%) Business Analysis
10 4 (12.12%) Mathematics
10 4 (12.12%) User Acceptance Testing
10 4 (12.12%) Security Cleared
10 4 (12.12%) Relational Database
11 3 (9.09%) Data Quality
11 3 (9.09%) French Language
11 3 (9.09%) Equity Derivative
11 3 (9.09%) Fixed Income
11 3 (9.09%) Sarbanes-Oxley
11 3 (9.09%) Back Office

Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 27 March 2015, IT jobs across the Canary Wharf region citing Banking also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled that cited Banking. Up to 20 skills are shown per category.

Applications
1 2 (6.06%) MS Excel
1 2 (6.06%) MS Visio
Database & Business Intelligence
1 4 (12.12%) Relational Database
2 3 (9.09%) SQL Server
3 2 (6.06%) PowerCenter
4 1 (3.03%) SQL Server Reporting Services
4 1 (3.03%) SQL Server Integration Services
4 1 (3.03%) SQL Server Analysis Services
4 1 (3.03%) SQL Server 2008
4 1 (3.03%) NoSQL
4 1 (3.03%) Big Data
4 1 (3.03%) RDBMS
Development Applications
1 2 (6.06%) ClearCase
1 2 (6.06%) CruiseControl
1 2 (6.06%) Maven
General
1 25 (75.76%) Finance
2 19 (57.58%) Investment Banking
3 9 (27.27%) Corporate Banking
4 8 (24.24%) Financial Institution
5 4 (12.12%) Retail
6 3 (9.09%) French Language
6 3 (9.09%) Back Office
7 2 (6.06%) Law
8 1 (3.03%) Marketing
Job Titles
1 11 (33.33%) Analyst
2 10 (30.30%) Business Analyst
3 5 (15.15%) Banking Business Analyst
4 4 (12.12%) Business Manager
4 4 (12.12%) Developer
5 3 (9.09%) Junior Business Analyst
5 3 (9.09%) Junior
5 3 (9.09%) Junior Analyst
6 2 (6.06%) Portfolio Analyst
6 2 (6.06%) AWS Developer
6 2 (6.06%) Lead Business Analyst
6 2 (6.06%) Architect
6 2 (6.06%) Project Manager
6 2 (6.06%) Business Project Manager
6 2 (6.06%) Change Manager
6 2 (6.06%) Business Change Manager
6 2 (6.06%) Data Analyst
7 1 (3.03%) .NET Developer
7 1 (3.03%) C++ Developer
7 1 (3.03%) Team Leader
Libraries, Frameworks & Software Standards
1 2 (6.06%) Middleware
1 2 (6.06%) Spring
1 2 (6.06%) Java EE
2 1 (3.03%) WCF
2 1 (3.03%) WPF
2 1 (3.03%) Silverlight
2 1 (3.03%) LINQ
2 1 (3.03%) Ext JS
2 1 (3.03%) ASP.NET MVC
2 1 (3.03%) ADO.NET Entity Framework
2 1 (3.03%) AngularJS
2 1 (3.03%) Ajax
2 1 (3.03%) .NET Framework
2 1 (3.03%) HTML
2 1 (3.03%) .NET
2 1 (3.03%) ASP.NET
2 1 (3.03%) CSS
2 1 (3.03%) Web Services
2 1 (3.03%) XML
Miscellaneous
1 12 (36.36%) Analytical Skills
2 5 (15.15%) Derivative
3 4 (12.12%) Mathematics
4 3 (9.09%) Equity Derivative
4 3 (9.09%) Fixed Income
5 2 (6.06%) PMI
5 2 (6.06%) Reference Data
5 2 (6.06%) Data Integration
6 1 (3.03%) Open Source
6 1 (3.03%) Management Information System
6 1 (3.03%) Replication
6 1 (3.03%) Statistics
6 1 (3.03%) Grid Computing
6 1 (3.03%) Clustering
6 1 (3.03%) Equities
Operating Systems
1 4 (12.12%) Linux
2 3 (9.09%) UNIX
3 1 (3.03%) Windows
Processes & Methodologies
1 10 (30.30%) Risk Management
2 8 (24.24%) Investment Management
2 8 (24.24%) Continuous Improvement
3 6 (18.18%) Agile Software Development
4 4 (12.12%) Change Management
4 4 (12.12%) OO
4 4 (12.12%) Stakeholder Management
4 4 (12.12%) Business Analysis
4 4 (12.12%) User Acceptance Testing
5 2 (6.06%) Multithreading
5 2 (6.06%) Portfolio Management
5 2 (6.06%) Change Control
5 2 (6.06%) PRINCE2
5 2 (6.06%) Data Analysis
5 2 (6.06%) Time Management
5 2 (6.06%) Financial Modelling
5 2 (6.06%) OOD
5 2 (6.06%) ETL
5 2 (6.06%) PRINCE
5 2 (6.06%) Project Management
Programming Languages
1 10 (30.30%) SQL
2 5 (15.15%) Java
3 4 (12.12%) C++
4 2 (6.06%) Perl
4 2 (6.06%) PL/SQL
5 1 (3.03%) C#
5 1 (3.03%) JavaScript
5 1 (3.03%) T-SQL
5 1 (3.03%) Python
5 1 (3.03%) R
Qualifications
1 11 (33.33%) Degree
2 4 (12.12%) Security Cleared
3 2 (6.06%) PMI Certification
3 2 (6.06%) CIMA
3 2 (6.06%) MBA
4 1 (3.03%) Postgraduate
4 1 (3.03%) PhD
Quality Assurance & Compliance
1 3 (9.09%) Sarbanes-Oxley
1 3 (9.09%) Data Quality
2 2 (6.06%) EMIR
2 2 (6.06%) Dodd-Frank
System Software
1 1 (3.03%) Active Directory
1 1 (3.03%) vSphere
Vendors
1 2 (6.06%) Oracle
1 2 (6.06%) Sybase
1 2 (6.06%) Progress
1 2 (6.06%) Informatica
1 2 (6.06%) Actimize
2 1 (3.03%) VMware
2 1 (3.03%) GoldenSource