Period
to 15 August 2018

The median annual salary for a Banking Analyst was £51,000 in advertised job vacancies in the City of London during the 6 months to 15 August 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
15 Aug 2018
Same period 2017 Same period 2016
Rank 327 252 300
Rank change year-on-year -75 +48 -32
Permanent jobs requiring a Banking Analyst 24 84 83
As % of all permanent IT jobs advertised in the City of London 0.22% 0.82% 0.64%
As % of the Job Titles category 0.23% 0.87% 0.66%
Number of salaries quoted 19 79 73
City of London median annual salary £51,000 £57,500 £55,000
Median salary % change year-on-year -11.30% +4.55% -4.35%
10th Percentile £35,200 £33,000 £40,000
90th Percentile £83,000 £75,000 £70,000
Central London median annual salary £51,000 £57,500 £55,000
% change year-on-year -11.30% +4.55% -4.35%

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 10,491 9,704 12,501
% of permanent IT jobs with a recognized job title 95.94% 95.31% 96.14%
Number of salaries quoted 9,330 8,776 11,387
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 £33,250 £32,950
90th Percentile £92,500 £92,500 £86,250
Central London median annual salary £60,000 £57,500 £57,500
% change year-on-year +4.35% - +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 15 August 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 15 August 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 24 (100.00%) Banking
2 19 (79.17%) Finance
3 9 (37.50%) Windows
3 9 (37.50%) Information Security
4 8 (33.33%) Microsoft Excel
5 7 (29.17%) Unix
5 7 (29.17%) CISSP
5 7 (29.17%) Red Hat
5 7 (29.17%) SIEM
6 6 (25.00%) Windows Server 2012
6 6 (25.00%) Malware Analysis
6 6 (25.00%) Cyber Intelligence
6 6 (25.00%) Forensic Analysis
6 6 (25.00%) Threat Intelligence
6 6 (25.00%) Cyber Kill Chain
6 6 (25.00%) Intrusion Detection
6 6 (25.00%) Degree
6 6 (25.00%) Windows Server 2008
6 6 (25.00%) CentOS
6 6 (25.00%) Red Hat Enterprise Linux
6 6 (25.00%) Open Source
6 6 (25.00%) Windows Server 2003
6 6 (25.00%) CISM
6 6 (25.00%) Process Management
6 6 (25.00%) Financial Institution
6 6 (25.00%) Firewall
6 6 (25.00%) Management Information System
6 6 (25.00%) Windows XP
6 6 (25.00%) LAN
6 6 (25.00%) 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 (4.17%) IBM Notes
1 1 (4.17%) SAS
Applications
1 8 (33.33%) Microsoft Excel
2 3 (12.50%) Microsoft PowerPoint
Business Applications
1 1 (4.17%) Sage X3
Cloud Services
1 1 (4.17%) Amazon AWS
Communications & Networking
1 6 (25.00%) Firewall
1 6 (25.00%) Intrusion Detection
1 6 (25.00%) LAN
1 6 (25.00%) WAN
2 1 (4.17%) Intranet
2 1 (4.17%) TCP/IP
Database & Business Intelligence
1 1 (4.17%) Big Data
1 1 (4.17%) Crystal Reports
1 1 (4.17%) MS Access
1 1 (4.17%) Oracle Reports
General
1 24 (100.00%) Banking
2 19 (79.17%) Finance
3 6 (25.00%) Financial Institution
4 3 (12.50%) Front Office
5 2 (8.33%) Back Office
5 2 (8.33%) Law
5 2 (8.33%) Private Banking
6 1 (4.17%) Marketing
6 1 (4.17%) Retail Banking
6 1 (4.17%) Wholesale Banking
Miscellaneous
1 6 (25.00%) Cyber Kill Chain
1 6 (25.00%) Management Information System
2 4 (16.67%) Analytical Skills
3 3 (12.50%) Computer Science
4 2 (8.33%) SWIFT
5 1 (4.17%) Analytical Mindset
5 1 (4.17%) Credit Risk
5 1 (4.17%) Market Risk
5 1 (4.17%) Self-Motivation
Operating Systems
1 9 (37.50%) Windows
2 7 (29.17%) Unix
3 6 (25.00%) AIX
3 6 (25.00%) CentOS
3 6 (25.00%) HPUX
3 6 (25.00%) Linux
3 6 (25.00%) Red Hat Enterprise Linux
3 6 (25.00%) Windows Server 2003
3 6 (25.00%) Windows Server 2008
3 6 (25.00%) Windows Server 2012
3 6 (25.00%) Windows XP
4 2 (8.33%) Windows Server
5 1 (4.17%) Windows 10
5 1 (4.17%) Windows 7
Processes & Methodologies
1 9 (37.50%) Information Security
2 7 (29.17%) SIEM
3 6 (25.00%) Cyber Intelligence
3 6 (25.00%) Forensic Analysis
3 6 (25.00%) Malware Analysis
3 6 (25.00%) Open Source
3 6 (25.00%) Process Management
3 6 (25.00%) Threat Intelligence
4 5 (20.83%) Agile Software Development
4 5 (20.83%) Business Analysis
5 4 (16.67%) Data Protection
5 4 (16.67%) Mathematics
5 4 (16.67%) User Acceptance Testing
6 3 (12.50%) Analytics
6 3 (12.50%) Asset Management
6 3 (12.50%) ITIL
6 3 (12.50%) Problem-Solving
7 2 (8.33%) Functional Programming
7 2 (8.33%) OO
7 2 (8.33%) RAD
Programming Languages
1 4 (16.67%) SQL
2 3 (12.50%) VBA
3 1 (4.17%) PL/SQL
3 1 (4.17%) R
3 1 (4.17%) T-SQL
Qualifications
1 7 (29.17%) CISSP
2 6 (25.00%) CISM
2 6 (25.00%) Degree
3 1 (4.17%) CEH
3 1 (4.17%) CISA
3 1 (4.17%) Master's Degree
3 1 (4.17%) SSCP
Quality Assurance & Compliance
1 2 (8.33%) GDPR
1 2 (8.33%) MiFID
1 2 (8.33%) SLA
2 1 (4.17%) ISO/IEC 27001
Systems Management
1 1 (4.17%) Control-M
Vendors
1 7 (29.17%) Red Hat
2 5 (20.83%) Sun
3 3 (12.50%) Microsoft
4 2 (8.33%) Oracle
5 1 (4.17%) Citrix
5 1 (4.17%) HP
5 1 (4.17%) Lotus
5 1 (4.17%) Sage
5 1 (4.17%) SAP