Period
to 22 January 2019

The median annual salary for a Banking Analyst was £62,500 in advertised job vacancies in the City of London during the 6 months to 22 January 2019.

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
22 Jan 2019
Same period 2018 Same period 2017
Rank 280 295 290
Rank change year-on-year +15 -5 -78
Permanent jobs requiring a Banking Analyst 50 36 42
As % of all permanent IT jobs advertised in the City of London 0.48% 0.34% 0.40%
As % of the Job Titles category 0.51% 0.36% 0.41%
Number of salaries quoted 45 29 39
City of London median annual salary £62,500 £50,000 £57,500
Median salary % change year-on-year +25.00% -13.04% -
10th Percentile £46,750 £30,000 £31,000
90th Percentile £95,000 £78,875 £75,000
Central London median annual salary £62,500 £48,750 £57,500
% change year-on-year +28.21% -15.22% -

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 9,868 9,951 10,155
% of permanent IT jobs with a recognized job title 95.69% 95.07% 96.59%
Number of salaries quoted 8,814 8,866 9,265
City of London median annual salary £65,000 £60,000 £57,500
Median salary % change year-on-year +8.33% +4.35% -
10th Percentile £35,750 £36,000 £33,250
90th Percentile £95,000 £93,750 £90,000
Central London median annual salary £62,500 £60,000 £57,500
% change year-on-year +4.17% +4.35% +2.68%

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 22 January 2019.

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 22 January 2019, 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 50 (100.00%) Banking
2 41 (82.00%) Finance
3 14 (28.00%) Agile Software Development
4 11 (22.00%) Information Security
4 11 (22.00%) Windows
5 10 (20.00%) CISSP
5 10 (20.00%) Management Information System
6 9 (18.00%) Intrusion Detection
6 9 (18.00%) Microsoft
6 9 (18.00%) SQL
7 8 (16.00%) ITIL
7 8 (16.00%) International Banking
7 8 (16.00%) User Acceptance Testing
7 8 (16.00%) Process Improvement
8 7 (14.00%) Analytics
8 7 (14.00%) Unix
9 6 (12.00%) Linux
9 6 (12.00%) Back Office
9 6 (12.00%) Analytical Skills
9 6 (12.00%) Data Protection
9 6 (12.00%) Vulnerability Scanning
9 6 (12.00%) SDLC
10 5 (10.00%) GDPR
10 5 (10.00%) Forensic Analysis
10 5 (10.00%) Cybersecurity
10 5 (10.00%) Data Governance
10 5 (10.00%) SIEM
10 5 (10.00%) Business Analysis
10 5 (10.00%) Vulnerability Assessment
10 5 (10.00%) Law

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 3 (6.00%) WebSphere
2 2 (4.00%) MS Exchange
Applications
1 3 (6.00%) Microsoft Excel
2 2 (4.00%) Microsoft PowerPoint
3 1 (2.00%) MS Visio
Cloud Services
1 1 (2.00%) Amazon AWS
1 1 (2.00%) Office 365
Communications & Networking
1 9 (18.00%) Intrusion Detection
2 5 (10.00%) Firewall
2 5 (10.00%) LAN
2 5 (10.00%) WAN
3 3 (6.00%) TCP/IP
4 2 (4.00%) Internet
5 1 (2.00%) Network Security
Database & Business Intelligence
1 3 (6.00%) Data Mining
1 3 (6.00%) Data Warehouse
General
1 50 (100.00%) Banking
2 41 (82.00%) Finance
3 8 (16.00%) International Banking
4 6 (12.00%) Back Office
5 5 (10.00%) Law
6 4 (8.00%) Financial Institution
6 4 (8.00%) Retail Banking
7 3 (6.00%) Billing
7 3 (6.00%) Front Office
7 3 (6.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 3 (6.00%) IBM Integration Bus
1 3 (6.00%) Middleware
1 3 (6.00%) WebSphere MQ
2 1 (2.00%) .NET
Miscellaneous
1 10 (20.00%) Management Information System
2 6 (12.00%) Analytical Skills
3 4 (8.00%) Cyber Kill Chain
4 3 (6.00%) AS400
4 3 (6.00%) Foreign Exchange (FX)
4 3 (6.00%) iSeries
4 3 (6.00%) Self-Motivation
4 3 (6.00%) SWIFT
5 2 (4.00%) Derivative
6 1 (2.00%) Equities
6 1 (2.00%) Fixed Income
6 1 (2.00%) iPad
6 1 (2.00%) iPhone
6 1 (2.00%) Mobile Computing
6 1 (2.00%) Video Conferencing
Operating Systems
1 11 (22.00%) Windows
2 7 (14.00%) Unix
3 6 (12.00%) Linux
4 4 (8.00%) AIX
4 4 (8.00%) CentOS
4 4 (8.00%) HPUX
4 4 (8.00%) Red Hat Enterprise Linux
4 4 (8.00%) Windows Server 2003
4 4 (8.00%) Windows Server 2008
4 4 (8.00%) Windows Server 2012
4 4 (8.00%) Windows XP
5 2 (4.00%) Windows 10
5 2 (4.00%) Windows 7
6 1 (2.00%) Android
6 1 (2.00%) Windows Server
Processes & Methodologies
1 14 (28.00%) Agile Software Development
2 11 (22.00%) Information Security
3 8 (16.00%) ITIL
3 8 (16.00%) Process Improvement
3 8 (16.00%) User Acceptance Testing
4 7 (14.00%) Analytics
5 6 (12.00%) Data Protection
5 6 (12.00%) SDLC
5 6 (12.00%) Vulnerability Scanning
6 5 (10.00%) Business Analysis
6 5 (10.00%) Change Management
6 5 (10.00%) Cybersecurity
6 5 (10.00%) Data Governance
6 5 (10.00%) Forensic Analysis
6 5 (10.00%) SIEM
6 5 (10.00%) Vulnerability Assessment
7 4 (8.00%) Data Analysis
7 4 (8.00%) Process Management
7 4 (8.00%) Systems Analysis
7 4 (8.00%) Validation
Programming Languages
1 9 (18.00%) SQL
2 3 (6.00%) RPG
2 3 (6.00%) RPG IV
3 2 (4.00%) Java
4 1 (2.00%) Python
Qualifications
1 10 (20.00%) CISSP
2 4 (8.00%) CISM
2 4 (8.00%) Degree
2 4 (8.00%) ITIL Certification
3 2 (4.00%) MCSE
3 2 (4.00%) Microsoft Certification
3 2 (4.00%) SSCP
4 1 (2.00%) CEH
4 1 (2.00%) CISA
4 1 (2.00%) GCIA
4 1 (2.00%) GIAC
4 1 (2.00%) GPEN
Quality Assurance & Compliance
1 5 (10.00%) GDPR
2 4 (8.00%) SLA
3 1 (2.00%) ISO/IEC 27001
3 1 (2.00%) QA
System Software
1 3 (6.00%) Active Directory
2 2 (4.00%) Hyper-V
2 2 (4.00%) XenApp
3 1 (2.00%) VMware Infrastructure
Systems Management
1 1 (2.00%) Symantec Endpoint Protection
Vendors
1 9 (18.00%) Microsoft
2 5 (10.00%) Red Hat
3 4 (8.00%) IBM
3 4 (8.00%) Qualys
3 4 (8.00%) Splunk
3 4 (8.00%) Sun
4 3 (6.00%) VMware
5 2 (4.00%) Citrix
5 2 (4.00%) Remedy
6 1 (2.00%) Murex
6 1 (2.00%) Oracle
6 1 (2.00%) Polycom
6 1 (2.00%) ServiceNow
6 1 (2.00%) Symantec