Retail Banking
UK

The table below looks at the prevalence of the term Retail Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Retail Banking over the 6 months to 16 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
16 Apr 2024
Same period 2023 Same period 2022
Rank 686 610 874
Rank change year-on-year -76 +264 -88
Permanent jobs citing Retail Banking 208 440 333
As % of all permanent jobs advertised in the UK 0.21% 0.41% 0.22%
As % of the General category 0.36% 0.59% 0.35%
Number of salaries quoted 173 267 241
10th Percentile £57,988 £51,833 £34,500
25th Percentile £62,500 £60,000 £50,500
Median annual salary (50th Percentile) £83,577 £70,588 £72,500
Median % change year-on-year +18.40% -2.64% -3.33%
75th Percentile £96,539 £89,926 £97,290
90th Percentile £122,500 £105,000 £113,750
UK excluding London median annual salary £70,576 £65,000 £48,917
% change year-on-year +8.58% +32.88% -8.57%

All General Skills
UK

Retail 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 58,348 74,370 95,994
As % of all permanent jobs advertised in the UK 60.04% 68.97% 63.10%
Number of salaries quoted 39,616 39,731 51,150
10th Percentile £27,500 £32,500 £32,500
25th Percentile £36,250 £43,750 £42,500
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £72,500 £82,500 £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%

Retail Banking
Job Vacancy Trend

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

Job vacancy trend for Retail Banking in the UK

Retail Banking
Salary Trend

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

Salary trend for Retail Banking in the UK

Retail Banking
Salary Histogram

Salary distribution for jobs citing Retail Banking over the 6 months to 16 April 2024.

Salary histogram for Retail Banking in the UK

Retail 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 Retail Banking within the UK over the 6 months to 16 April 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 -69 167 £85,000 +14.48% 51
London -1 125 £87,500 +8.98% 36
UK excluding London -35 78 £70,576 +8.58% 19
Work from Home -74 43 £62,500 -9.19% 20
Scotland -58 36 £72,500 +11.54% 6
East of England +26 12 £62,500 -
West Midlands +55 9 £59,556 - 3
North of England +35 9 £76,000 +38.48% 4
Midlands +29 9 £59,556 - 3
South West -36 7 £70,576 +4.56% 1
Yorkshire +77 6 £79,788 +45.38%
South East +23 5 £25,000 -62.96% 5
North West +11 3 £59,556 +4.48% 4

Retail 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 8 (3.85%) Apache
1 8 (3.85%) Apache Airflow
1 8 (3.85%) Apache Spark
2 3 (1.44%) Adobe Experience Manager
2 3 (1.44%) Confluence
3 1 (0.48%) nginx
Business Applications
1 10 (4.81%) Payment Gateway
2 2 (0.96%) SAP S/4HANA
3 1 (0.48%) Temenos T24
Cloud Services
1 80 (38.46%) AWS
2 75 (36.06%) Azure
3 30 (14.42%) GCP
4 27 (12.98%) OpenShift
5 21 (10.10%) GitHub
6 10 (4.81%) SaaS
7 8 (3.85%) GitHub Actions
8 7 (3.37%) Power Platform
9 3 (1.44%) Google Kubernetes Engine
10 2 (0.96%) Azure DevOps
10 2 (0.96%) Collibra
11 1 (0.48%) Route 53
11 1 (0.48%) Salesforce Sales Cloud
11 1 (0.48%) Salesforce Service Cloud
11 1 (0.48%) Snowflake
Communications & Networking
1 1 (0.48%) Cisco Firepower
1 1 (0.48%) DNS
1 1 (0.48%) Firewall
1 1 (0.48%) LAN
1 1 (0.48%) Reverse Proxy
1 1 (0.48%) VPN
1 1 (0.48%) WAN
Database & Business Intelligence
1 32 (15.38%) Data Warehouse
2 18 (8.65%) Data Lake
3 14 (6.73%) Big Data
3 14 (6.73%) Metadata
4 11 (5.29%) MongoDB
5 8 (3.85%) Apache Hive
5 8 (3.85%) Flink
5 8 (3.85%) Hadoop
5 8 (3.85%) NoSQL
5 8 (3.85%) Parquet
6 7 (3.37%) Power BI
7 6 (2.88%) BigQuery
8 5 (2.40%) Azure SQL Data Warehouse
8 5 (2.40%) SQL Server Reporting Services
9 3 (1.44%) OLAP
9 3 (1.44%) OLAP Cube
9 3 (1.44%) SQL Server Integration Services
9 3 (1.44%) Star Schema
10 2 (0.96%) Azure SQL Database
10 2 (0.96%) SQL Server
Development Applications
1 27 (12.98%) JIRA
2 22 (10.58%) Git
3 16 (7.69%) Jenkins
4 11 (5.29%) Artifactory
4 11 (5.29%) Snyk
5 8 (3.85%) CircleCI
6 7 (3.37%) IBM UrbanCode
7 2 (0.96%) Maven
7 2 (0.96%) SonarQube
7 2 (0.96%) Sonatype Nexus
General
1 169 (81.25%) Banking
2 140 (67.31%) Finance
3 43 (20.67%) Inclusion and Diversity
4 34 (16.35%) Analytical Skills
5 27 (12.98%) Retail
6 24 (11.54%) Social Skills
7 12 (5.77%) Presentation Skills
8 11 (5.29%) Financial Institution
9 4 (1.92%) Telecoms
10 3 (1.44%) Influencing Skills
10 3 (1.44%) Investment Banking
11 2 (0.96%) Organisational Skills
12 1 (0.48%) Brand Awareness
12 1 (0.48%) Corporate Banking
12 1 (0.48%) Marketing
12 1 (0.48%) Private Banking
Job Titles
1 71 (34.13%) Architect
2 56 (26.92%) Senior
3 40 (19.23%) Lead
4 25 (12.02%) Analyst
5 21 (10.10%) Data Architect
6 19 (9.13%) Developer
7 18 (8.65%) Business Analyst
7 18 (8.65%) Cloud Architect
8 17 (8.17%) Azure Architect
8 17 (8.17%) Banking Analyst
8 17 (8.17%) Senior Developer
9 16 (7.69%) Middleware Architect
10 15 (7.21%) Banking Business Analyst
10 15 (7.21%) Data Business Analyst
10 15 (7.21%) Process Analyst
10 15 (7.21%) Senior Architect
11 13 (6.25%) Solutions Architect
11 13 (6.25%) Technical Leader
12 12 (5.77%) Insight Manager
12 12 (5.77%) Performance Manager
Libraries, Frameworks & Software Standards
1 39 (18.75%) Kafka
2 18 (8.65%) Middleware
3 16 (7.69%) Spring Boot
4 10 (4.81%) LAMP
4 10 (4.81%) Laravel
4 10 (4.81%) Symfony
4 10 (4.81%) Web Services
5 8 (3.85%) Apache Avro
5 8 (3.85%) Apache Beam
5 8 (3.85%) PySpark
5 8 (3.85%) Spark Streaming
6 6 (2.88%) CSS
6 6 (2.88%) HTML
6 6 (2.88%) jQuery
7 3 (1.44%) REST
7 3 (1.44%) Spring
8 2 (0.96%) JSON
8 2 (0.96%) JSR 170
8 2 (0.96%) OSGi
8 2 (0.96%) WPF
Miscellaneous
1 12 (5.77%) PMI
2 10 (4.81%) Mainframe
3 9 (4.33%) Product Ownership
4 8 (3.85%) Distributed Applications
4 8 (3.85%) Distributed Systems
4 8 (3.85%) Greenfield Project
5 3 (1.44%) Data Centre
5 3 (1.44%) Public Cloud
6 2 (0.96%) FMCG
7 1 (0.48%) Blockchain
7 1 (0.48%) Marketing Technology
7 1 (0.48%) Self-Motivation
7 1 (0.48%) Social Media
7 1 (0.48%) SWIFT Messaging Network
Operating Systems
1 17 (8.17%) Windows
2 11 (5.29%) Linux
3 8 (3.85%) Unix
4 7 (3.37%) CoreOS
4 7 (3.37%) zOS
Processes & Methodologies
1 55 (26.44%) Agile
2 54 (25.96%) DevOps
3 50 (24.04%) CI/CD
4 39 (18.75%) Data Modelling
5 31 (14.90%) Migration
6 30 (14.42%) Microservices
6 30 (14.42%) TDD
7 25 (12.02%) Mentoring
8 24 (11.54%) Asset Management
8 24 (11.54%) Data Architecture
9 21 (10.10%) SDLC
10 20 (9.62%) Analytics
11 19 (9.13%) Containerisation
11 19 (9.13%) Data Migration
12 18 (8.65%) Data Analysis
12 18 (8.65%) Roadmaps
13 17 (8.17%) Data Analytics
14 15 (7.21%) Architectural Design
14 15 (7.21%) Continuous Delivery
14 15 (7.21%) Technical Analysis
Programming Languages
1 47 (22.60%) SQL
2 36 (17.31%) Java
3 16 (7.69%) Python
4 10 (4.81%) PHP
5 8 (3.85%) Scala
6 6 (2.88%) JavaScript
7 3 (1.44%) Shell Script
8 2 (0.96%) C#
Qualifications
1 12 (5.77%) PMI Certification
2 10 (4.81%) AWS Certification
2 10 (4.81%) Azure Certification
3 1 (0.48%) Computer Science Degree
3 1 (0.48%) Degree
Quality Assurance & Compliance
1 2 (0.96%) ISO 20022
2 1 (0.48%) SLA
System Software
1 33 (15.87%) Docker
2 8 (3.85%) HDFS
3 1 (0.48%) KVM
3 1 (0.48%) Xen
Systems Management
1 55 (26.44%) Kubernetes
2 17 (8.17%) Terraform
3 11 (5.29%) Istio
4 7 (3.37%) CA Endevor
5 2 (0.96%) Ansible
5 2 (0.96%) Rancher
Vendors
1 14 (6.73%) Google
1 14 (6.73%) Red Hat
2 12 (5.77%) Microsoft
3 10 (4.81%) Databricks
4 8 (3.85%) Cloudera
5 5 (2.40%) ServiceNow
6 3 (1.44%) Ab Initio
6 3 (1.44%) Adobe
7 2 (0.96%) SAP
8 1 (0.48%) BiZZdesign
8 1 (0.48%) Cisco
8 1 (0.48%) Confluent
8 1 (0.48%) Fiserv
8 1 (0.48%) Palo Alto
8 1 (0.48%) Salesforce
8 1 (0.48%) Twitter