The median annual salary for a Banking Business Analyst was £63,500 in advertised job vacancies in the City of London during the 3 months to 22 June 2017.

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

Business Analyst - Banking
London / City of London
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 216 250 300
Rank change year-on-year +34 +50  
Permanent jobs requiring a Banking Business Analyst 21 9 18
As % of all permanent IT jobs advertised in the City of London 0.40% 0.14% 0.17%
As % of the Job Titles category 0.42% 0.15% 0.18%
Number of salaries quoted 19 9 16
Median salary £63,500 £52,500 £49,750
Median salary % change year-on-year +20.95% +5.52%  
90% offered a salary of more than £47,500 £49,500 £33,750
10% offered a salary of more than £75,000 £58,000 £60,750
UK excluding London median salary £63,250 £50,000 £47,500
% change year-on-year +26.50% +5.26%  

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 4949 6138 9863
As % of all permanent IT job vacancies advertised in the City of London 95.30% 96.22% 94.96%
Number of salaries quoted 4425 5605 8439
Median salary £57,500 £57,500 £55,000
Median salary % change year-on-year - +4.54%  
90% offered a salary of more than £32,500 £35,000 £32,500
10% offered a salary of more than £85,000 £75,000 £80,000
UK excluding London median salary £42,500 £41,000 £40,000
% change year-on-year +3.65% +2.50%  

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 22 June 2017.

Salary histogram for Banking Business Analyst in the City of London

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

For the 6 months to 22 June 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 27 (100.00%) Banking
2 17 (62.96%) Project Management
3 15 (55.56%) Finance
4 14 (51.85%) Stakeholder Management
5 12 (44.44%) Business Analysis
5 12 (44.44%) User Acceptance Testing
6 9 (33.33%) Wealth Management
7 8 (29.63%) Service Management
7 8 (29.63%) SDLC
8 7 (25.93%) Front Office
8 7 (25.93%) Integration Testing
8 7 (25.93%) International Banking
9 5 (18.52%) MiFID
9 5 (18.52%) Foreign Exchange (FX)
10 4 (14.81%) Workflow
10 4 (14.81%) Use Case
10 4 (14.81%) BPMN
10 4 (14.81%) Process Improvement
10 4 (14.81%) Project Planning
10 4 (14.81%) Business Process Mapping
10 4 (14.81%) Workflow Analysis
10 4 (14.81%) IFRS
11 3 (11.11%) Cybersecurity
11 3 (11.11%) Oracle Database
11 3 (11.11%) Relational Database
11 3 (11.11%) Threat Analysis
11 3 (11.11%) Threat Management
11 3 (11.11%) PKI
11 3 (11.11%) Cryptography
11 3 (11.11%) Penetration Testing

Banking Business 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:

Business Applications
1 1 (3.70%) Temenos Globus
Communications & Networking
1 3 (11.11%) Firewall
1 3 (11.11%) Network Security
Database & Business Intelligence
1 3 (11.11%) Oracle Database
1 3 (11.11%) RDBMS
1 3 (11.11%) Relational Database
1 3 (11.11%) SQL Server
General
1 27 (100.00%) Banking
2 15 (55.56%) Finance
3 7 (25.93%) Front Office
3 7 (25.93%) International Banking
4 3 (11.11%) Investment Banking
5 1 (3.70%) Private Banking
5 1 (3.70%) Retail
Libraries, Frameworks & Software Standards
1 3 (11.11%) FIX Protocol
Miscellaneous
1 5 (18.52%) Foreign Exchange (FX)
2 3 (11.11%) PKI
3 1 (3.70%) Equities
3 1 (3.70%) Fixed Income
3 1 (3.70%) Management Information System
3 1 (3.70%) User Experience
Processes & Methodologies
1 17 (62.96%) Project Management
2 14 (51.85%) Stakeholder Management
3 12 (44.44%) Business Analysis
3 12 (44.44%) User Acceptance Testing
4 9 (33.33%) Wealth Management
5 8 (29.63%) SDLC
5 8 (29.63%) Service Management
6 7 (25.93%) Integration Testing
7 4 (14.81%) BPMN
7 4 (14.81%) Business Process Mapping
7 4 (14.81%) Process Improvement
7 4 (14.81%) Project Planning
7 4 (14.81%) Use Case
7 4 (14.81%) Workflow
7 4 (14.81%) Workflow Analysis
8 3 (11.11%) Cryptography
8 3 (11.11%) Cybersecurity
8 3 (11.11%) Information Security
8 3 (11.11%) Threat Analysis
8 3 (11.11%) Threat Management
Programming Languages
1 2 (7.41%) C
Qualifications
1 3 (11.11%) ISEB
2 1 (3.70%) Degree
2 1 (3.70%) PMP
Quality Assurance & Compliance
1 5 (18.52%) MiFID
2 4 (14.81%) IFRS
Vendors
1 3 (11.11%) Oracle
City, London
ARC IT Recruitment Ltd
Salary: £50000 - £70000 per annum + Plus Bonus and Benefits
Posted: Yesterday
City, London
ANSON MCCADE
Salary: Up to £40,000 - £60,000 + Bonus + Benefits
Posted: 2 days ago
City, London
ANSON MCCADE
Salary: £45,000k - £60,000k plus excellent benefits and rapid career progressi
Posted: 2 days ago
City, London
ANSON MCCADE
Salary: £45,000 - 65,000 + excellent benefits
Posted: 3 days ago
City, London
ANSON MCCADE
Salary: UKP 55000 per year
Posted: 6 days ago
City of London
Deerfoot IT Resources Ltd
Salary: £70000 - £75000 per annum + BANKING BONUS AND BENEFITS
Posted: 23 days ago
City of London
Deerfoot IT Resources Ltd
Salary: £65000 - £70000 per annum + Banking bonus
Posted: 21 days ago