The median annual salary for a Banking Business Analyst was £60,000 in advertised job vacancies in the City of London during the 3 months to 23 March 2017.

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

3 months to
23 Mar 2017
Same period 2016 Same period 2015
Business Analyst - Banking
London / City of London
Rank 213 246 298
Rank change year-on-year +33 +52  
Permanent jobs requiring a Banking Business Analyst 6 24 17
As % of all permanent IT jobs advertised in the City of London 0.12% 0.34% 0.17%
As % of the Job Titles category 0.12% 0.36% 0.18%
Number of salaries quoted 6 17 16
Median salary £60,000 £55,000 £37,500
Median salary % change year-on-year +9.09% +46.66%  
90% offered a salary of more than £46,250 £52,500 £28,750
10% offered a salary of more than £62,500 £75,000 £82,500
UK excluding London median salary £50,000 £42,500 £37,500
% change year-on-year +17.64% +13.33%  

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

IT Job Roles
City of London
Permanent job vacancies with a job title containing a recognized job role 4808 6716 9658
As % of all permanent IT job vacancies advertised in the City of London 95.97% 95.56% 95.49%
Number of salaries quoted 4412 6000 8224
Median salary £57,500 £57,500 £55,000
Median salary % change year-on-year - +4.54%  
90% offered a salary of more than £34,000 £35,000 £33,500
10% offered a salary of more than £85,000 £77,500 £81,500
UK excluding London median salary £42,000 £41,500 £40,000
% change year-on-year +1.20% +3.75%  

Banking Business Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Banking Business Analyst in the job title.

Job vacancy trend for Banking Business Analyst in the City of London

Banking Business 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 Business Analyst in the City of London.

Salary trend for Banking Business Analyst in the City of London

Banking Business Analyst
Salary Histogram in the City of London

The salary distribution of IT jobs citing Banking Business Analyst in the City of London over the 3 months to 23 March 2017.

Salary histogram for Banking Business Analyst in the City of London

Banking Business Analyst Skill Set
Top 30 Related IT Skills in the City of London

For the 6 months to 23 March 2017, Banking Business Analyst job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the City of London region featuring Banking Business Analyst in the job title.

1 13 (100.00%) Banking
2 11 (84.62%) Finance
3 6 (46.15%) Project Management
3 6 (46.15%) Private Banking
3 6 (46.15%) MiFID
3 6 (46.15%) Asset Management
3 6 (46.15%) Wealth Management
4 5 (38.46%) Analytical Skills
4 5 (38.46%) Business Analysis
5 4 (30.77%) PKI
5 4 (30.77%) Penetration Testing
5 4 (30.77%) Cryptography
5 4 (30.77%) Information Security
5 4 (30.77%) Firewall
5 4 (30.77%) Stakeholder Management
5 4 (30.77%) ISEB
5 4 (30.77%) Cybersecurity
5 4 (30.77%) Analytics
5 4 (30.77%) Network Security
5 4 (30.77%) Investment Management
5 4 (30.77%) Vulnerability Management
5 4 (30.77%) Threat Analysis
5 4 (30.77%) Threat Management
6 3 (23.08%) MS Excel
7 2 (15.38%) VB
7 2 (15.38%) Front Office
7 2 (15.38%) Investment Banking
8 1 (7.69%) User Experience
8 1 (7.69%) Logical Data Model
8 1 (7.69%) SDLC

Banking Business Analyst Skill Set
Top Related 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:

Applications
1 3 (23.08%) MS Excel
Business Applications
1 1 (7.69%) Temenos Globus
Communications & Networking
1 4 (30.77%) Firewall
1 4 (30.77%) Network Security
General
1 13 (100.00%) Banking
2 11 (84.62%) Finance
3 6 (46.15%) Private Banking
4 2 (15.38%) Front Office
4 2 (15.38%) Investment Banking
5 1 (7.69%) Retail
Miscellaneous
1 5 (38.46%) Analytical Skills
2 4 (30.77%) PKI
3 1 (7.69%) Foreign Exchange (FX)
3 1 (7.69%) User Experience
Processes & Methodologies
1 6 (46.15%) Asset Management
1 6 (46.15%) Project Management
1 6 (46.15%) Wealth Management
2 5 (38.46%) Business Analysis
3 4 (30.77%) Analytics
3 4 (30.77%) Cryptography
3 4 (30.77%) Cybersecurity
3 4 (30.77%) Information Security
3 4 (30.77%) Investment Management
3 4 (30.77%) Penetration Testing
3 4 (30.77%) Stakeholder Management
3 4 (30.77%) Threat Analysis
3 4 (30.77%) Threat Management
3 4 (30.77%) Vulnerability Management
4 1 (7.69%) Functional Testing
4 1 (7.69%) Logical Data Model
4 1 (7.69%) SDLC
4 1 (7.69%) Target Operating Model
4 1 (7.69%) User Acceptance Testing
4 1 (7.69%) User Stories
Programming Languages
1 2 (15.38%) VB
Qualifications
1 4 (30.77%) ISEB
Quality Assurance & Compliance
1 6 (46.15%) MiFID
City, London
ANSON MCCADE
Salary: Up to £40,000 - £65,000 + Bonus + Benefits
Posted: Yesterday
City, London
Best Practice Talent Solutions
Salary: From £55,000 to £75,000 per annum
Posted: 3 days ago
City, London
ANSON MCCADE
Salary: £40,000 - £60,000 + Bonus + Benefits
Posted: 6 days ago