The table below looks at the prevalence of the term Retail Banking in IT jobs advertised for the Hertfordshire region. Included is a guide to the average salaries offered in IT jobs that have cited Retail Banking over the 3 months to 21 August 2014 with a comparison to the same period in the previous 2 years.

Location
3 months to
21 Aug 2014
Same period 2013 Same period 2012
Retail Banking
Rank 120 126 147
Rank change year-on-year
+6 +21
Permanent jobs citing Retail Banking 20 4 20
As % of all permanent IT jobs located in Hertfordshire 0.83% 0.20% 0.70%
As % of the General category 1.94% 0.44% 1.55%
Number of salaries quoted 18 3 20
Average salary £49,750 £52,500 £44,500
Average salary % change year-on-year
-5.23% +17.97%
90% offered a salary of more than £48,000 £52,500 £37,500
10% offered a salary of more than £52,500 £52,500 £47,500
UK excluding London average salary £45,000 £46,500 £47,500
% change year-on-year
-3.22% -2.10%
Retail Banking
East of England

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

General Category
Hertfordshire
Permanent IT job ads with a match in the
General category
1032 913 1293
As % of all permanent IT jobs located in Hertfordshire 42.84% 44.93% 45.35%
Number of salaries quoted 813 678 992
Average salary £48,500 £44,000 £45,000
Average salary % change year-on-year
+10.22% -2.22%
90% offered a salary of more than £30,600 £27,500 £30,000
10% offered a salary of more than £85,000 £65,000 £65,000
UK excluding London average salary £45,000 £42,500 £42,500
% change year-on-year
+5.88% -

Retail Banking
Jobs Demand Trend in Hertfordshire

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

Retail Banking Jobs Demand Trend in Hertfordshire

Retail Banking
Salary Trend in Hertfordshire

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

Retail Banking Salary Trend in Hertfordshire

Retail Banking
Job Locations in Hertfordshire

The table below looks at the demand and provides a guide to the average salaries quoted in IT jobs citing Retail Banking within the Hertfordshire region over the 3 months to 21 August 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Average Salary
Last 3 Months
Average Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
Watford -1 11 £48,500 -7.61%
Retail Banking
East of England

Retail Banking
Top 30 Related IT Skills in Hertfordshire

For the 6 months to 21 August 2014, IT jobs across the Hertfordshire region citing Retail 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 Retail Banking.

1 39 (100.00%) Banking
1 39 (100.00%) Retail
2 28 (71.79%) Internet
3 26 (66.67%) Requirements Analysis
3 26 (66.67%) Project Planning
4 25 (64.10%) Web Services
4 25 (64.10%) CCA
4 25 (64.10%) IVR
4 25 (64.10%) PCI DSS
5 24 (61.54%) SMS
5 24 (61.54%) Sarbanes-Oxley
5 24 (61.54%) Data Security
5 24 (61.54%) APACS
5 24 (61.54%) ISO 8583
5 24 (61.54%) Cryptography
5 24 (61.54%) SWIFT
6 14 (35.90%) Finance
7 8 (20.51%) Degree
7 8 (20.51%) French Language
8 5 (12.82%) Business Analysis
9 3 (7.69%) GAP Analysis
9 3 (7.69%) Online Banking
10 2 (5.13%) UML
10 2 (5.13%) HP Quality Center
11 1 (2.56%) SQL
11 1 (2.56%) T-SQL
11 1 (2.56%) SQL Server
11 1 (2.56%) Windows
11 1 (2.56%) Microsoft
11 1 (2.56%) ISEB

Retail Banking
Top Related IT Skills in Hertfordshire by Category

For the 6 months to 21 August 2014, IT jobs across the Hertfordshire region citing Retail 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 Retail Banking. Up to 20 skills are shown per category.

Business Applications
1 1 (2.56%) FLEXCUBE
1 1 (2.56%) Temenos T24
1 1 (2.56%) Finacle
Communications & Networking
1 28 (71.79%) Internet
2 24 (61.54%) SMS
Database & Business Intelligence
1 1 (2.56%) SQL Server
Development Applications
1 1 (2.56%) QuickTest Pro
General
1 39 (100.00%) Banking
1 39 (100.00%) Retail
2 14 (35.90%) Finance
3 8 (20.51%) French Language
4 1 (2.56%) Telecoms
Job Titles
1 34 (87.18%) Analyst
2 32 (82.05%) Business Analyst
3 19 (48.72%) Payments Business Analyst
4 11 (28.21%) Banking Business Analyst
5 6 (15.38%) Senior Analyst
6 5 (12.82%) Senior Business Analyst
7 2 (5.13%) Test Analyst
7 2 (5.13%) Banking Analyst
8 1 (2.56%) Senior Test Analyst
8 1 (2.56%) Software Test Analyst
8 1 (2.56%) Senior Software Test Analyst
Libraries, Frameworks & Software Standards
1 25 (64.10%) Web Services
Miscellaneous
1 25 (64.10%) IVR
2 24 (61.54%) Cryptography
2 24 (61.54%) APACS
2 24 (61.54%) SWIFT
3 3 (7.69%) Online Banking
Operating Systems
1 1 (2.56%) Windows
Processes & Methodologies
1 26 (66.67%) Requirements Analysis
1 26 (66.67%) Project Planning
2 24 (61.54%) Data Security
3 5 (12.82%) Business Analysis
4 3 (7.69%) GAP Analysis
5 2 (5.13%) UML
6 1 (2.56%) Validation
6 1 (2.56%) Scrum
6 1 (2.56%) User Acceptance Testing
6 1 (2.56%) Manual Testing
6 1 (2.56%) Continuous Improvement
6 1 (2.56%) Root Cause Analysis
6 1 (2.56%) Functional Testing
6 1 (2.56%) Knowledge Management
6 1 (2.56%) Software Testing
Programming Languages
1 1 (2.56%) SQL
1 1 (2.56%) T-SQL
Qualifications
1 25 (64.10%) CCA
2 8 (20.51%) Degree
3 1 (2.56%) ISEB
3 1 (2.56%) ISTQB
Quality Assurance & Compliance
1 25 (64.10%) PCI DSS
2 24 (61.54%) Sarbanes-Oxley
2 24 (61.54%) ISO 8583
Systems Management
1 2 (5.13%) HP Quality Center
Vendors
1 1 (2.56%) Microsoft