Period
to 18 November 2017

The median annual salary for a Banking Business Analyst was £70,000 in advertised job vacancies in the City of London during the 6 months to 18 November 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
Central London > City of London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 303 340 370
Rank change year-on-year +37 +30 +81
Permanent jobs requiring a Banking Business Analyst 27 14 51
As % of all permanent IT jobs advertised in the City of London 0.27% 0.12% 0.29%
As % of the Job Titles category 0.28% 0.12% 0.31%
Number of salaries quoted 25 13 44
City of London median annual salary £70,000 £60,000 £55,000
Median salary % change year-on-year +16.67% +9.09% -15.38%
10th Percentile £55,000 £43,000 £42,550
90th Percentile £79,125 £75,000 £65,500
Central London median annual salary £70,000 £56,250 £55,000
% change year-on-year +24.44% +2.27% -15.38%

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 9643 11276 16563
% of permanent IT jobs with a recognized job title 94.77% 96.38% 95.77%
Number of salaries quoted 8738 10274 14384
City of London median annual salary £60,000 £57,500 £55,000
Median salary % change year-on-year +4.35% +4.55% -
10th Percentile £34,675 £33,750 £32,500
90th Percentile £92,500 £88,750 £87,500
Central London median annual salary £58,500 £57,500 £55,000
% change year-on-year +1.74% +4.55% -

Banking Business Analyst
Job Vacancy Trend in the City of London

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

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 6 months to 18 November 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 18 November 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 18 (66.67%) Finance
3 14 (51.85%) Business Analysis
4 13 (48.15%) User Acceptance Testing
5 12 (44.44%) Project Management
6 11 (40.74%) SDLC
7 9 (33.33%) Investment Banking
7 9 (33.33%) International Banking
7 9 (33.33%) Integration Testing
7 9 (33.33%) Stakeholder Management
8 8 (29.63%) Front Office
8 8 (29.63%) Process Improvement
8 8 (29.63%) MiFID
9 6 (22.22%) Agile Software Development
10 5 (18.52%) Service Management
10 5 (18.52%) Foreign Exchange (FX)
10 5 (18.52%) Wealth Management
10 5 (18.52%) IFRS
11 4 (14.81%) Prototyping
11 4 (14.81%) Use Case
11 4 (14.81%) Workflow Analysis
11 4 (14.81%) Anti-Money Laundering
11 4 (14.81%) FIX Protocol
11 4 (14.81%) BPMN
11 4 (14.81%) Business Process Mapping
11 4 (14.81%) Project Planning
11 4 (14.81%) C
11 4 (14.81%) Workflow
12 2 (7.41%) JIRA
12 2 (7.41%) Analytical Skills

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:

Database & Business Intelligence
1 2 (7.41%) SQL Server
2 1 (3.70%) Oracle Database
2 1 (3.70%) RDBMS
2 1 (3.70%) Relational Database
Development Applications
1 2 (7.41%) JIRA
General
1 27 (100.00%) Banking
2 18 (66.67%) Finance
3 9 (33.33%) International Banking
3 9 (33.33%) Investment Banking
4 8 (29.63%) Front Office
5 2 (7.41%) Back Office
6 1 (3.70%) Corporate Banking
6 1 (3.70%) Legal
6 1 (3.70%) Marketing
6 1 (3.70%) Private Banking
6 1 (3.70%) Retail
Libraries, Frameworks & Software Standards
1 4 (14.81%) FIX Protocol
Miscellaneous
1 5 (18.52%) Foreign Exchange (FX)
2 2 (7.41%) Analytical Skills
2 2 (7.41%) SWIFT
3 1 (3.70%) Equities
3 1 (3.70%) Fixed Income
Processes & Methodologies
1 14 (51.85%) Business Analysis
2 13 (48.15%) User Acceptance Testing
3 12 (44.44%) Project Management
4 11 (40.74%) SDLC
5 9 (33.33%) Integration Testing
5 9 (33.33%) Stakeholder Management
6 8 (29.63%) Process Improvement
7 6 (22.22%) Agile Software Development
8 5 (18.52%) Service Management
8 5 (18.52%) Wealth Management
9 4 (14.81%) Anti-Money Laundering
9 4 (14.81%) BPMN
9 4 (14.81%) Business Process Mapping
9 4 (14.81%) Project Planning
9 4 (14.81%) Prototyping
9 4 (14.81%) Use Case
9 4 (14.81%) Workflow
9 4 (14.81%) Workflow Analysis
10 2 (7.41%) DSDM
10 2 (7.41%) Test Management
Programming Languages
1 4 (14.81%) C
Quality Assurance & Compliance
1 8 (29.63%) MiFID
2 5 (18.52%) IFRS
3 1 (3.70%) Data Quality
3 1 (3.70%) FATCA
3 1 (3.70%) PSD2
Vendors
1 1 (3.70%) Fidessa
1 1 (3.70%) Oracle