Period
to 23 October 2018

The median annual salary for a Banking Analyst was £61,500 in advertised job vacancies in the City of London during the 6 months to 23 October 2018.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Banking Analyst
Central London > City of London
6 months to
23 Oct 2018
Same period 2017 Same period 2016
Rank 313 260 306
Rank change year-on-year -53 +46 -59
Permanent jobs requiring a Banking Analyst 45 77 52
As % of all permanent IT jobs advertised in the City of London 0.40% 0.77% 0.44%
As % of the Job Titles category 0.42% 0.81% 0.46%
Number of salaries quoted 39 70 46
City of London median annual salary £61,500 £58,750 £55,000
Median salary % change year-on-year +4.68% +6.82% -4.35%
10th Percentile £47,900 £34,875 £35,625
90th Percentile £95,500 £76,250 £73,125
Central London median annual salary £62,000 £58,750 £52,500
% change year-on-year +5.53% +11.90% -8.70%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
City of London
Permanent vacancies in the City of London with a recognized job title 10,658 9,510 11,395
% of permanent IT jobs with a recognized job title 95.78% 95.12% 96.19%
Number of salaries quoted 9,541 8,624 10,398
City of London median annual salary £62,500 £60,000 £57,500
Median salary % change year-on-year +4.17% +4.35% +4.55%
10th Percentile £35,000 £34,750 £33,750
90th Percentile £93,750 £92,500 £87,500
Central London median annual salary £62,500 £59,500 £57,500
% change year-on-year +5.04% +3.48% +4.55%

Banking Analyst
Job Vacancy Trend in the City of London

Job postings that featured Banking Analyst in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Banking Analyst in the City of London

Banking Analyst
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Banking Analyst in the City of London.

Salary trend for Banking Analyst in the City of London

Banking Analyst
Salary Histogram in the City of London

The salary distribution of IT jobs citing Banking Analyst in the City of London over the 6 months to 23 October 2018.

Salary histogram for Banking Analyst in the City of London

Banking Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 23 October 2018, Banking Analyst job roles required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the City of London region featuring Banking Analyst in the job title.

1 45 (100.00%) Banking
2 35 (77.78%) Finance
3 13 (28.89%) Agile Software Development
3 13 (28.89%) Information Security
4 12 (26.67%) CISSP
5 11 (24.44%) Management Information System
5 11 (24.44%) Intrusion Detection
6 10 (22.22%) SQL
6 10 (22.22%) Unix
6 10 (22.22%) Windows
7 9 (20.00%) Linux
7 9 (20.00%) Analytics
7 9 (20.00%) User Acceptance Testing
8 8 (17.78%) SIEM
8 8 (17.78%) Process Improvement
8 8 (17.78%) SDLC
8 8 (17.78%) Red Hat
8 8 (17.78%) International Banking
9 7 (15.56%) Degree
9 7 (15.56%) Windows Server 2003
9 7 (15.56%) CISM
9 7 (15.56%) Process Management
9 7 (15.56%) Financial Institution
9 7 (15.56%) Firewall
9 7 (15.56%) AIX
9 7 (15.56%) HPUX
9 7 (15.56%) Sun
9 7 (15.56%) Windows XP
9 7 (15.56%) LAN
9 7 (15.56%) WAN

Banking Analyst Skill Set
Co-occurring IT Skills in the City of London by Category

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

Application Platforms
1 1 (2.22%) MS Exchange
1 1 (2.22%) SAS
Applications
1 5 (11.11%) Microsoft Excel
2 2 (4.44%) Microsoft PowerPoint
Cloud Services
1 1 (2.22%) Amazon AWS
Communications & Networking
1 11 (24.44%) Intrusion Detection
2 7 (15.56%) Firewall
2 7 (15.56%) LAN
2 7 (15.56%) WAN
3 1 (2.22%) Internet
3 1 (2.22%) TCP/IP
Database & Business Intelligence
1 3 (6.67%) Data Mining
1 3 (6.67%) Data Warehouse
2 1 (2.22%) Big Data
General
1 45 (100.00%) Banking
2 35 (77.78%) Finance
3 8 (17.78%) International Banking
4 7 (15.56%) Financial Institution
5 5 (11.11%) Law
6 4 (8.89%) Front Office
7 3 (6.67%) Back Office
7 3 (6.67%) Investment Banking
7 3 (6.67%) Retail Banking
8 1 (2.22%) Billing
8 1 (2.22%) Marketing
8 1 (2.22%) Private Banking
8 1 (2.22%) Wholesale Banking
Miscellaneous
1 11 (24.44%) Management Information System
2 7 (15.56%) Analytical Skills
2 7 (15.56%) Cyber Kill Chain
3 4 (8.89%) Computer Science
3 4 (8.89%) SWIFT
4 3 (6.67%) Foreign Exchange (FX)
5 2 (4.44%) Derivative
5 2 (4.44%) Self-Motivation
6 1 (2.22%) Analytical Mindset
6 1 (2.22%) AS400
6 1 (2.22%) Credit Risk
6 1 (2.22%) Equities
6 1 (2.22%) Fixed Income
6 1 (2.22%) iSeries
6 1 (2.22%) Market Risk
Operating Systems
1 10 (22.22%) Unix
1 10 (22.22%) Windows
2 9 (20.00%) Linux
3 7 (15.56%) AIX
3 7 (15.56%) CentOS
3 7 (15.56%) HPUX
3 7 (15.56%) Red Hat Enterprise Linux
3 7 (15.56%) Windows Server 2003
3 7 (15.56%) Windows Server 2008
3 7 (15.56%) Windows Server 2012
3 7 (15.56%) Windows XP
4 1 (2.22%) Windows 10
4 1 (2.22%) Windows 7
4 1 (2.22%) Windows Server
Processes & Methodologies
1 13 (28.89%) Agile Software Development
1 13 (28.89%) Information Security
2 9 (20.00%) Analytics
2 9 (20.00%) User Acceptance Testing
3 8 (17.78%) Process Improvement
3 8 (17.78%) SDLC
3 8 (17.78%) SIEM
4 7 (15.56%) Cyber Intelligence
4 7 (15.56%) Data Protection
4 7 (15.56%) Forensic Analysis
4 7 (15.56%) Malware Analysis
4 7 (15.56%) Open Source
4 7 (15.56%) Process Management
4 7 (15.56%) Threat Intelligence
5 6 (13.33%) Business Analysis
6 5 (11.11%) Data Analysis
6 5 (11.11%) Data Governance
6 5 (11.11%) Vulnerability Scanning
6 5 (11.11%) Waterfall
7 4 (8.89%) Target Operating Model
Programming Languages
1 10 (22.22%) SQL
2 1 (2.22%) Java
2 1 (2.22%) Python
2 1 (2.22%) R
2 1 (2.22%) RPG
2 1 (2.22%) RPG IV
2 1 (2.22%) VBA
Qualifications
1 12 (26.67%) CISSP
2 7 (15.56%) CISM
2 7 (15.56%) Degree
3 1 (2.22%) CEH
3 1 (2.22%) CISA
3 1 (2.22%) Master's Degree
3 1 (2.22%) MCSE
3 1 (2.22%) Microsoft Certification
3 1 (2.22%) SSCP
Quality Assurance & Compliance
1 5 (11.11%) GDPR
2 3 (6.67%) SLA
3 1 (2.22%) ISO/IEC 27001
3 1 (2.22%) MiFID
3 1 (2.22%) QA
System Software
1 1 (2.22%) Active Directory
1 1 (2.22%) Hyper-V
1 1 (2.22%) XenApp
Systems Management
1 1 (2.22%) Control-M
Vendors
1 8 (17.78%) Red Hat
2 7 (15.56%) Sun
3 4 (8.89%) Microsoft
3 4 (8.89%) Qualys
3 4 (8.89%) Splunk
4 1 (2.22%) Citrix
4 1 (2.22%) Oracle
4 1 (2.22%) Remedy
4 1 (2.22%) VMware