Period
to 17 October 2021

The table below looks at the prevalence of the term Banking in permanent job vacancies advertised in the City of London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Banking over the 6 months to 17 October 2021 with a comparison to the same period over the previous 2 years.

Banking
Central London > City of London
6 months to
17 Oct 2021
Same period 2020 Same period 2019
Rank 31 26 30
Rank change year-on-year -5 +4 -6
Permanent jobs citing Banking 432 320 779
As % of all permanent jobs advertised in the City of London 7.33% 8.95% 7.76%
As % of the General category 12.37% 14.39% 12.85%
Number of salaries quoted 392 288 682
10th Percentile £46,325 £55,875 £46,300
25th Percentile £62,500 £67,000 £57,500
Median annual salary (50th Percentile) £76,250 £80,000 £72,500
Median % change year-on-year -4.69% +10.34% -
75th Percentile £100,313 £97,500 £85,000
90th Percentile £120,000 £112,000 £97,500
Central London median annual salary £75,000 £80,000 £72,500
% change year-on-year -6.25% +10.34% +2.47%

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the City of London with a requirement for common skills.

All General Skills
City of London
Permanent vacancies with a requirement for common skills 3,493 2,224 6,062
As % of all permanent IT jobs advertised in the City of London 59.28% 62.18% 60.37%
Number of salaries quoted 3,064 1,952 5,249
10th Percentile £42,500 £41,550 £36,250
25th Percentile £53,750 £52,500 £48,750
Median annual salary (50th Percentile) £70,000 £70,000 £65,000
Median % change year-on-year - +7.69% +4.00%
75th Percentile £90,000 £87,500 £82,500
90th Percentile £106,050 £105,000 £97,500
Central London median annual salary £70,000 £70,000 £65,000
% change year-on-year - +7.69% +4.00%

Banking
Job Vacancy Trend in the City of London

Job postings citing Banking as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Banking in the City of London

Banking
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Banking in the City of London.

Salary trend for Banking in the City of London

Banking
Salary Histogram in the City of London

Salary distribution for jobs citing Banking in the City of London over the 6 months to 17 October 2021.

Salary histogram for Banking in the City of London

Banking
Job Locations in the City of London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking within the City of London region over the 6 months to 17 October 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
London Bridge - 2 £70,000 -
Banking
Central London

For the 6 months to 17 October 2021, IT jobs citing Banking also mentioned the following 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 with a requirement for Banking.

1 284 (65.74%) Finance
2 145 (33.56%) Agile Software Development
3 122 (28.24%) Java
4 115 (26.62%) Investment Banking
5 93 (21.53%) SQL
5 93 (21.53%) Front Office
6 86 (19.91%) C#
7 85 (19.68%) Azure
8 75 (17.36%) Microsoft
9 72 (16.67%) Fintech
10 71 (16.44%) Social Skills
11 70 (16.20%) DevOps
12 65 (15.05%) Python
13 63 (14.58%) AWS
14 59 (13.66%) .NET
15 55 (12.73%) Windows
15 55 (12.73%) Microservices
16 53 (12.27%) Risk Management
17 50 (11.57%) JIRA
18 49 (11.34%) Fixed Income
19 48 (11.11%) Degree
20 47 (10.88%) JavaScript
21 46 (10.65%) Linux
21 46 (10.65%) React
22 45 (10.42%) Docker
23 43 (9.95%) Cisco
23 43 (9.95%) Derivative
23 43 (9.95%) Asset Management
23 43 (9.95%) Electronic Trading
24 39 (9.03%) Equities

Banking
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 18 (4.17%) Confluence
2 11 (2.55%) IIS
3 9 (2.08%) SAS
4 6 (1.39%) IBM HTTP Server
5 5 (1.16%) MS Exchange
5 5 (1.16%) SharePoint
6 4 (0.93%) Blackberry Enterprise Server
6 4 (0.93%) Oracle Coherence
6 4 (0.93%) Skype for Business
7 3 (0.69%) Apache
8 2 (0.46%) Elasticsearch
8 2 (0.46%) Red Hat Fuse
9 1 (0.23%) Apache Airflow
9 1 (0.23%) Apache Spark
9 1 (0.23%) Cloud Foundry
9 1 (0.23%) JBoss
9 1 (0.23%) WebSphere
Applications
1 32 (7.41%) Microsoft Office
2 22 (5.09%) Microsoft Excel
3 15 (3.47%) Spreadsheet
4 3 (0.69%) Microsoft PowerPoint
5 2 (0.46%) Adobe XD
5 2 (0.46%) Figma
5 2 (0.46%) InVision
5 2 (0.46%) Sketch
6 1 (0.23%) MS Visio
Business Applications
1 5 (1.16%) Temenos T24
2 3 (0.69%) Bloomberg AIM
2 3 (0.69%) Distributed Ledger
2 3 (0.69%) Elite 3E
2 3 (0.69%) Temenos Globus
2 3 (0.69%) thinkFolio
3 1 (0.23%) Bloomberg TOMS
3 1 (0.23%) Dynamics CRM
3 1 (0.23%) Oracle Applications
3 1 (0.23%) SAP BPC
3 1 (0.23%) Summit
3 1 (0.23%) SunGard Martini
Cloud Services
1 85 (19.68%) Azure
2 63 (14.58%) AWS
3 27 (6.25%) Cloud Computing
4 26 (6.02%) GCP
5 19 (4.40%) Power Platform
6 14 (3.24%) SaaS
7 9 (2.08%) Microsoft 365
8 7 (1.62%) Amazon Kinesis
8 7 (1.62%) AWS CloudFormation
9 6 (1.39%) PaaS
9 6 (1.39%) PowerApps
10 5 (1.16%) Amazon S3
10 5 (1.16%) AWS Lambda
10 5 (1.16%) Dynamics 365
10 5 (1.16%) Serverless
11 4 (0.93%) Amazon EC2
11 4 (0.93%) Amazon EMR
11 4 (0.93%) Virtual Private Cloud
12 3 (0.69%) GitHub
12 3 (0.69%) IaaS
Communications & Networking
1 22 (5.09%) TCP/IP
2 18 (4.17%) Internet
3 17 (3.94%) Wireless
4 15 (3.47%) Cisco IOS
4 15 (3.47%) Firewall
4 15 (3.47%) WAN
5 11 (2.55%) DNS
5 11 (2.55%) FTP
6 8 (1.85%) DHCP
7 7 (1.62%) Network Security
8 5 (1.16%) Unified Communications
9 4 (0.93%) Skype
10 2 (0.46%) Intrusion Detection
10 2 (0.46%) SSH
10 2 (0.46%) VSAN
11 1 (0.23%) Cisco ASA
11 1 (0.23%) F5 BIG-IP LTM
11 1 (0.23%) Intranet
11 1 (0.23%) LAN
11 1 (0.23%) PBX
Database & Business Intelligence
1 33 (7.64%) SQL Server
2 16 (3.70%) Power BI
3 15 (3.47%) Data Warehouse
4 11 (2.55%) SQL Server Integration Services
5 10 (2.31%) SQL Server Reporting Services
6 9 (2.08%) KDB
6 9 (2.08%) Relational Database
6 9 (2.08%) SQL Server 2008
7 8 (1.85%) MySQL
7 8 (1.85%) SQL Server Analysis Services
7 8 (1.85%) Tableau
8 7 (1.62%) Amazon Redshift
9 6 (1.39%) Big Data
9 6 (1.39%) Blockchain
9 6 (1.39%) Oracle Database
10 5 (1.16%) MongoDB
10 5 (1.16%) Redis
11 4 (0.93%) Amazon RDS
11 4 (0.93%) NoSQL
11 4 (0.93%) PostgreSQL
Development Applications
1 50 (11.57%) JIRA
2 26 (6.02%) Git (software)
3 22 (5.09%) Jenkins
4 10 (2.31%) Bitbucket
5 9 (2.08%) Maven
6 5 (1.16%) JUnit
6 5 (1.16%) TeamCity
7 4 (0.93%) Atlassian Bamboo
7 4 (0.93%) GitLab
7 4 (0.93%) IntelliJ
7 4 (0.93%) Sonatype Nexus
8 3 (0.69%) Cucumber
8 3 (0.69%) Subversion
8 3 (0.69%) Visual Studio
9 2 (0.46%) Mockito
9 2 (0.46%) Selenium
9 2 (0.46%) SonarQube
9 2 (0.46%) WebDriver
10 1 (0.23%) Octopus Deploy
10 1 (0.23%) Robot Framework
General
1 284 (65.74%) Finance
2 115 (26.62%) Investment Banking
3 93 (21.53%) Front Office
4 71 (16.44%) Social Skills
5 24 (5.56%) Financial Institution
6 22 (5.09%) Analytical Skills
7 20 (4.63%) Advertising
8 15 (3.47%) Back Office
9 14 (3.24%) Legal
10 13 (3.01%) Retail Banking
11 10 (2.31%) Law
12 9 (2.08%) Retail
13 8 (1.85%) Games
14 7 (1.62%) Inclusion and Diversity
14 7 (1.62%) Presentation Skills
15 6 (1.39%) International Banking
16 5 (1.16%) Marketing
16 5 (1.16%) Organisational Skills
16 5 (1.16%) Public Sector
17 4 (0.93%) Influencing Skills
Job Titles
1 167 (38.66%) Developer
2 77 (17.82%) Java Developer
3 72 (16.67%) Analyst
4 45 (10.42%) Senior Developer
5 42 (9.72%) Business Analyst
6 34 (7.87%) C# Developer
7 28 (6.48%) Java Pricing Developer
7 28 (6.48%) Pricing Developer
8 27 (6.25%) Project Manager
9 22 (5.09%) Desktop Support
10 21 (4.86%) .NET Developer
10 21 (4.86%) Front Office Developer
10 21 (4.86%) SQL Developer
11 20 (4.63%) Electronic Trading Developer
11 20 (4.63%) Electronic Trading Java Developer
11 20 (4.63%) Senior C# Developer
12 18 (4.17%) Banking Infrastructure Project Manager
12 18 (4.17%) Banking Project Manager
12 18 (4.17%) Infrastructure Manager
12 18 (4.17%) Senior Analyst
Libraries, Frameworks & Software Standards
1 59 (13.66%) .NET
2 46 (10.65%) React
3 38 (8.80%) ASP.NET
4 29 (6.71%) Spring
5 28 (6.48%) Web Services
6 27 (6.25%) AngularJS
6 27 (6.25%) HTML
7 22 (5.09%) Spring Boot
8 20 (4.63%) REST
9 18 (4.17%) JSON
9 18 (4.17%) Kafka
10 16 (3.70%) CSS
11 15 (3.47%) FIX Protocol
11 15 (3.47%) WCF
12 13 (3.01%) HTML5
12 13 (3.01%) SOAP
13 11 (2.55%) Middleware
13 11 (2.55%) RESTful
14 10 (2.31%) Vue.js
15 9 (2.08%) ASP.NET Web API
Miscellaneous
1 49 (11.34%) Fixed Income
2 43 (9.95%) Derivative
3 39 (9.03%) Equities
4 34 (7.87%) Foreign Exchange (FX)
5 27 (6.25%) Legacy Systems
6 21 (4.86%) Blackberry
7 17 (3.94%) Credit Risk
8 16 (3.70%) Video Conferencing
9 15 (3.47%) Enterprise Software
9 15 (3.47%) iPad
9 15 (3.47%) iPhone
9 15 (3.47%) Management Information System
10 14 (3.24%) Data Structures
10 14 (3.24%) Hedge funds
11 13 (3.01%) Equity Derivative
12 11 (2.55%) Algorithms
12 11 (2.55%) Reference Data
13 8 (1.85%) Cloud Native
13 8 (1.85%) User Experience
14 7 (1.62%) Pricing Data
Operating Systems
1 55 (12.73%) Windows
2 46 (10.65%) Linux
3 24 (5.56%) Unix
4 20 (4.63%) Windows 7
5 16 (3.70%) Android
6 15 (3.47%) Mac OS X
6 15 (3.47%) Windows 8
7 13 (3.01%) Windows Server
8 8 (1.85%) Windows 10
9 4 (0.93%) Windows Server 2012
10 3 (0.69%) CentOS
11 2 (0.46%) Red Hat Enterprise Linux
11 2 (0.46%) Solaris
11 2 (0.46%) SUSE
11 2 (0.46%) Ubuntu
11 2 (0.46%) Windows Server 2008
11 2 (0.46%) Windows Server 2016
11 2 (0.46%) Windows XP
Processes & Methodologies
1 145 (33.56%) Agile Software Development
2 72 (16.67%) Fintech
3 70 (16.20%) DevOps
4 55 (12.73%) Microservices
5 53 (12.27%) Risk Management
6 43 (9.95%) Asset Management
6 43 (9.95%) Electronic Trading
7 37 (8.56%) Full Stack Development
8 35 (8.10%) Business Analysis
8 35 (8.10%) OO
8 35 (8.10%) Scrum
9 33 (7.64%) Project Management
10 31 (7.18%) Analytics
11 30 (6.94%) Migration
11 30 (6.94%) Problem-Solving
11 30 (6.94%) SDLC
11 30 (6.94%) Software Engineering
12 28 (6.48%) Multithreading
12 28 (6.48%) MVC
13 27 (6.25%) TDD
Programming Languages
1 122 (28.24%) Java
2 93 (21.53%) SQL
3 86 (19.91%) C#
4 65 (15.05%) Python
5 47 (10.88%) JavaScript
6 25 (5.79%) C++
7 19 (4.40%) C
8 17 (3.94%) VBA
9 14 (3.24%) Perl
9 14 (3.24%) Shell Script
10 11 (2.55%) PowerShell
10 11 (2.55%) TypeScript
11 9 (2.08%) Scala
11 9 (2.08%) VB
12 8 (1.85%) Go
12 8 (1.85%) Java 8
13 6 (1.39%) Bash Shell
13 6 (1.39%) Rust
14 5 (1.16%) R
15 4 (0.93%) Kotlin
Qualifications
1 48 (11.11%) Degree
2 16 (3.70%) Computer Science Degree
3 8 (1.85%) Master's Degree
4 7 (1.62%) CISSP
5 5 (1.16%) AWS Certification
5 5 (1.16%) Microsoft Certification
5 5 (1.16%) OSCP
5 5 (1.16%) SC Cleared
5 5 (1.16%) Security Cleared
6 3 (0.69%) CREST Certified
6 3 (0.69%) GIAC
7 2 (0.46%) CEH
7 2 (0.46%) GPEN
8 1 (0.23%) (ISC)2 CCSP
8 1 (0.23%) CBAP
8 1 (0.23%) CRISC
8 1 (0.23%) CSPO
8 1 (0.23%) GCED
8 1 (0.23%) GREM
8 1 (0.23%) SANS
Quality Assurance & Compliance
1 18 (4.17%) Data Quality
2 10 (2.31%) GDPR
3 9 (2.08%) PMO
4 6 (1.39%) QA
5 5 (1.16%) SLA
6 3 (0.69%) PCI DSS
7 2 (0.46%) Accessibility
7 2 (0.46%) COBIT
7 2 (0.46%) MiFID
7 2 (0.46%) NIST
7 2 (0.46%) Sarbanes-Oxley
8 1 (0.23%) ISO/IEC 27001
8 1 (0.23%) SEPA
8 1 (0.23%) Solvency II
System Software
1 45 (10.42%) Docker
2 12 (2.78%) Active Directory
2 12 (2.78%) VMware Infrastructure
3 6 (1.39%) vSphere
4 5 (1.16%) VMware ESXi
5 4 (0.93%) Veritas Cluster Server
6 2 (0.46%) Virtual Desktop
7 1 (0.23%) HDFS
7 1 (0.23%) Hyper-V
7 1 (0.23%) XenApp
7 1 (0.23%) XenDesktop
Systems Management
1 39 (9.03%) Kubernetes
2 21 (4.86%) Terraform
3 17 (3.94%) FortiGate
4 11 (2.55%) Ansible
5 7 (1.62%) SCCM
6 6 (1.39%) McAfee ePO
6 6 (1.39%) NetBackup
7 4 (0.93%) OfficeScan
7 4 (0.93%) SCOM
7 4 (0.93%) Trend Micro Deep Security
7 4 (0.93%) vCenter Server
8 3 (0.69%) Control-M
8 3 (0.69%) Opscode Chef
8 3 (0.69%) Puppet
9 2 (0.46%) Norton AntiVirus
9 2 (0.46%) Symantec Enterprise Vault
9 2 (0.46%) WSUS
10 1 (0.23%) Microsoft Intune
10 1 (0.23%) QRadar
10 1 (0.23%) Tivoli
Vendors
1 75 (17.36%) Microsoft
2 43 (9.95%) Cisco
3 19 (4.40%) Fidessa
4 17 (3.94%) Apple
4 17 (3.94%) Fortinet
4 17 (3.94%) SolarWinds
5 16 (3.70%) Oracle
6 14 (3.24%) Bloomberg
7 13 (3.01%) Atlassian
7 13 (3.01%) VMware
8 11 (2.55%) Google
9 6 (1.39%) Altiris
9 6 (1.39%) HP
9 6 (1.39%) McAfee
10 5 (1.16%) Avaya
10 5 (1.16%) Sage
10 5 (1.16%) Sun
11 4 (0.93%) Murex
11 4 (0.93%) Red Hat
11 4 (0.93%) Veritas