Period
to 20 September 2020

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 20 September 2020 with a comparison to the same period over the previous 2 years.

Banking
Central London > City of London
6 months to
20 Sep 2020
Same period 2019 Same period 2018
Rank 25 29 21
Rank change year-on-year +4 -8 -8
Permanent jobs citing Banking 324 783 1,029
As % of all permanent jobs advertised in the City of London 8.44% 7.76% 9.35%
As % of the General category 16.69% 15.66% 16.88%
Number of salaries quoted 311 713 935
Median annual salary £80,000 £72,500 £72,500
Median salary % change year-on-year +10.34% - +7.41%
10th Percentile £56,250 £46,900 £42,500
90th Percentile £111,250 £100,000 £105,900
Central London median annual salary £80,000 £72,500 £72,500
% change year-on-year +10.34% - +7.41%

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 1,941 5,000 6,095
As % of all permanent IT jobs advertised in the City of London 50.56% 49.52% 55.35%
Number of salaries quoted 1,695 4,361 5,427
Median annual salary £72,500 £67,500 £65,000
Median salary % change year-on-year +7.41% +3.85% +8.33%
10th Percentile £43,000 £38,750 £36,250
90th Percentile £109,500 £100,000 £95,000
Central London median annual salary £70,000 £65,000 £62,500
% change year-on-year +7.69% +4.00% +4.17%

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 20 September 2020.

Salary histogram for Banking in the City of London

For the 6 months to 20 September 2020, 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.

1 183 (56.48%) Finance
2 104 (32.10%) Agile Software Development
3 83 (25.62%) Java
4 80 (24.69%) Investment Banking
5 75 (23.15%) Fintech
6 60 (18.52%) Azure
6 60 (18.52%) AWS
6 60 (18.52%) JavaScript
7 54 (16.67%) Python
7 54 (16.67%) Microsoft
8 49 (15.12%) Scrum
9 44 (13.58%) SQL
10 43 (13.27%) Degree
11 41 (12.65%) .NET
12 37 (11.42%) Microservices
13 35 (10.80%) Windows
14 34 (10.49%) Analytical Skills
15 33 (10.19%) DevOps
16 32 (9.88%) HTML
16 32 (9.88%) CSS
16 32 (9.88%) Front Office
17 30 (9.26%) Mentoring
18 29 (8.95%) TDD
18 29 (8.95%) Firewall
19 28 (8.64%) ASP.NET
19 28 (8.64%) XML
19 28 (8.64%) JSON
19 28 (8.64%) Retail Banking
19 28 (8.64%) REST
19 28 (8.64%) Redux

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 14 (4.32%) Apache Spark
2 11 (3.40%) Confluence
3 10 (3.09%) Apache
4 6 (1.85%) SAS
4 6 (1.85%) Tomcat
5 3 (0.93%) Blackberry Enterprise Server
6 2 (0.62%) JBoss
6 2 (0.62%) nginx
7 1 (0.31%) Elasticsearch
7 1 (0.31%) IIS
7 1 (0.31%) Liferay
7 1 (0.31%) MQSeries
7 1 (0.31%) MS Exchange
7 1 (0.31%) Red Hat Fuse
7 1 (0.31%) SharePoint
Applications
1 8 (2.47%) Spreadsheet
2 5 (1.54%) Microsoft Office
3 3 (0.93%) Microsoft Excel
4 1 (0.31%) Microsoft PowerPoint
4 1 (0.31%) Sketch
4 1 (0.31%) Zeplin
Business Applications
1 22 (6.79%) Dynamics CRM
2 4 (1.23%) Temenos T24
Cloud Services
1 60 (18.52%) AWS
1 60 (18.52%) Azure
2 22 (6.79%) Dynamics 365
2 22 (6.79%) Power Platform
3 19 (5.86%) GCP
4 7 (2.16%) Cloud Computing
4 7 (2.16%) Office 365
5 4 (1.23%) Amazon EMR
5 4 (1.23%) Apigee
5 4 (1.23%) AWS CloudFormation
5 4 (1.23%) Mimecast
5 4 (1.23%) SaaS
5 4 (1.23%) Slack
6 3 (0.93%) AWS Lambda
6 3 (0.93%) Serverless
7 2 (0.62%) Azure Active Directory
7 2 (0.62%) Firebase
7 2 (0.62%) GitHub
8 1 (0.31%) Amazon S3
8 1 (0.31%) OneDrive
Communications & Networking
1 29 (8.95%) Firewall
2 23 (7.10%) Network Security
3 10 (3.09%) VPN
4 9 (2.78%) LAN
5 8 (2.47%) TCP/IP
6 7 (2.16%) WAN
7 6 (1.85%) Cisco ASA
7 6 (1.85%) SSL
7 6 (1.85%) Wireshark
8 5 (1.54%) F5 BIG-IP GTM
8 5 (1.54%) F5 BIG-IP LTM
8 5 (1.54%) Kerberos
8 5 (1.54%) SNMP
9 3 (0.93%) BGP
9 3 (0.93%) DNS
9 3 (0.93%) SAN
9 3 (0.93%) Unified Communications
10 2 (0.62%) EIGRP
10 2 (0.62%) Wireless
10 2 (0.62%) Wireless Security
Database & Business Intelligence
1 23 (7.10%) SQL Server Integration Services
2 22 (6.79%) SQL Server Reporting Services
3 18 (5.56%) SQL Server
4 11 (3.40%) Hadoop
4 11 (3.40%) NoSQL
5 9 (2.78%) Big Data
5 9 (2.78%) MongoDB
6 7 (2.16%) Power BI
7 6 (1.85%) Data Warehouse
8 5 (1.54%) Amazon Redshift
9 4 (1.23%) Amazon Athena
9 4 (1.23%) HDInsight
10 3 (0.93%) Data Lake
10 3 (0.93%) Flink
10 3 (0.93%) Looker
10 3 (0.93%) MySQL
10 3 (0.93%) SQL Server 2012
11 2 (0.62%) KDB
11 2 (0.62%) Oracle Database
11 2 (0.62%) PostgreSQL
Development Applications
1 24 (7.41%) webpack
2 20 (6.17%) Visual Studio
3 16 (4.94%) Git (software)
4 14 (4.32%) JIRA
5 11 (3.40%) Jenkins
6 6 (1.85%) TeamCity
7 5 (1.54%) Gradle
7 5 (1.54%) Maven
8 4 (1.23%) Selenium
9 3 (0.93%) Atlassian Bamboo
9 3 (0.93%) GitLab
9 3 (0.93%) Subversion
10 2 (0.62%) Bitbucket
11 1 (0.31%) Appium
11 1 (0.31%) Calabash
11 1 (0.31%) Cucumber
11 1 (0.31%) gulp
11 1 (0.31%) Jasmine
11 1 (0.31%) JUnit
11 1 (0.31%) Mockito
General
1 183 (56.48%) Finance
2 80 (24.69%) Investment Banking
3 32 (9.88%) Front Office
4 28 (8.64%) Retail Banking
5 27 (8.33%) Private Banking
6 15 (4.63%) Retail
7 10 (3.09%) Games
7 10 (3.09%) Telecoms
8 9 (2.78%) Financial Institution
8 9 (2.78%) International Banking
8 9 (2.78%) Marketing
9 8 (2.47%) Legal
10 7 (2.16%) Public Sector
11 6 (1.85%) Advertising
11 6 (1.85%) Electronics
11 6 (1.85%) Manufacturing
12 4 (1.23%) Back Office
13 3 (0.93%) German Language
13 3 (0.93%) Italian Language
13 3 (0.93%) Pharmaceutical
Job Titles
1 99 (30.56%) Developer
2 30 (9.26%) Java Developer
3 26 (8.02%) Analyst
4 24 (7.41%) Architect
5 21 (6.48%) Security Engineer
6 18 (5.56%) Network Engineer
7 16 (4.94%) Senior Developer
8 14 (4.32%) Consultant
8 14 (4.32%) Lead Developer
9 13 (4.01%) Java Engineer
9 13 (4.01%) Network Security Engineer
9 13 (4.01%) Technical Leader
10 11 (3.40%) Technical Consultant
11 10 (3.09%) Applications Support
11 10 (3.09%) Electronic Trading Developer
12 9 (2.78%) Cloud Architect
12 9 (2.78%) Information Analyst
12 9 (2.78%) Pricing Developer
12 9 (2.78%) Security Analyst
12 9 (2.78%) Software Engineer
Libraries, Frameworks & Software Standards
1 41 (12.65%) .NET
2 32 (9.88%) CSS
2 32 (9.88%) HTML
3 28 (8.64%) ASP.NET
3 28 (8.64%) JSON
3 28 (8.64%) Redux
3 28 (8.64%) REST
3 28 (8.64%) XML
4 25 (7.72%) AngularJS
4 25 (7.72%) Sass
5 24 (7.41%) React
5 24 (7.41%) WCF
6 22 (6.79%) Spring
6 22 (6.79%) XSD
7 15 (4.63%) Kafka
8 12 (3.70%) Node.js
8 12 (3.70%) Spring Boot
9 10 (3.09%) Web Services
10 8 (2.47%) React Native
11 6 (1.85%) TensorFlow
Miscellaneous
1 34 (10.49%) Analytical Skills
2 17 (5.25%) Foreign Exchange (FX)
3 16 (4.94%) Data Centre
4 14 (4.32%) Fixed Income
4 14 (4.32%) Greenfield Project
5 12 (3.70%) Algorithms
5 12 (3.70%) Mobile App
6 11 (3.40%) Management Information System
6 11 (3.40%) SWIFT
7 9 (2.78%) Derivative
8 8 (2.47%) Cyber Kill Chain
8 8 (2.47%) Robotics
9 7 (2.16%) Market Risk
9 7 (2.16%) Mobile Banking
10 6 (1.85%) User Experience
11 5 (1.54%) Interest Rate Derivative
11 5 (1.54%) Self-Motivation
12 4 (1.23%) Enterprise Software
12 4 (1.23%) Equities
12 4 (1.23%) Mobile Payment
Operating Systems
1 35 (10.80%) Windows
2 25 (7.72%) Unix
3 24 (7.41%) Linux
4 13 (4.01%) Windows Server
5 7 (2.16%) Windows 10
6 6 (1.85%) Solaris
6 6 (1.85%) Windows XP
7 5 (1.54%) Android
7 5 (1.54%) Apple iOS
8 4 (1.23%) Red Hat Enterprise Linux
9 2 (0.62%) Windows Server 2008
10 1 (0.31%) Mac OS
10 1 (0.31%) Windows Server 2012
10 1 (0.31%) Windows Server 2016
Processes & Methodologies
1 104 (32.10%) Agile Software Development
2 75 (23.15%) Fintech
3 49 (15.12%) Scrum
4 37 (11.42%) Microservices
5 33 (10.19%) DevOps
6 30 (9.26%) Mentoring
7 29 (8.95%) TDD
8 27 (8.33%) Asset Management
8 27 (8.33%) OO
8 27 (8.33%) Problem-Solving
9 25 (7.72%) Web Development
10 24 (7.41%) CRM
11 23 (7.10%) BDD
11 23 (7.10%) OOP
11 23 (7.10%) Software Engineering
12 22 (6.79%) Digital Transformation Programme
13 20 (6.17%) Information Security
13 20 (6.17%) ITIL
13 20 (6.17%) OOD
14 19 (5.86%) Computer Science
Programming Languages
1 83 (25.62%) Java
2 60 (18.52%) JavaScript
3 54 (16.67%) Python
4 44 (13.58%) SQL
5 19 (5.86%) Kotlin
5 19 (5.86%) PowerShell
6 17 (5.25%) Scala
7 14 (4.32%) C#
8 11 (3.40%) Java 8
9 10 (3.09%) C++
9 10 (3.09%) R
10 7 (2.16%) Shell Script
10 7 (2.16%) TypeScript
11 6 (1.85%) Bash Shell
11 6 (1.85%) MATLAB
12 5 (1.54%) Go
12 5 (1.54%) Perl
12 5 (1.54%) PL/SQL
13 3 (0.93%) C
13 3 (0.93%) T-SQL
Qualifications
1 43 (13.27%) Degree
2 22 (6.79%) Cisco Certification
3 14 (4.32%) Computer Science Degree
4 11 (3.40%) CCNP
4 11 (3.40%) CCSP
5 9 (2.78%) (ISC)2 CCSP
5 9 (2.78%) CISSP
6 6 (1.85%) CISM
6 6 (1.85%) CREST Certified
6 6 (1.85%) GCFA
6 6 (1.85%) GCIA
6 6 (1.85%) GCIH
6 6 (1.85%) Master's Degree
7 2 (0.62%) CCDP
7 2 (0.62%) CCIE
7 2 (0.62%) CCNA
7 2 (0.62%) FFIEC
7 2 (0.62%) ITIL Foundation Certificate
7 2 (0.62%) MCP
7 2 (0.62%) Microsoft Certification
Quality Assurance & Compliance
1 14 (4.32%) NIST
2 11 (3.40%) COBIT
2 11 (3.40%) SLA
3 6 (1.85%) ISO/IEC 27001
4 5 (1.54%) QA
5 4 (1.23%) SEPA
6 3 (0.93%) Data Quality
6 3 (0.93%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
7 2 (0.62%) PSD2
7 2 (0.62%) Sarbanes-Oxley
8 1 (0.31%) EMIR
8 1 (0.31%) GDPR
8 1 (0.31%) MiFID
8 1 (0.31%) PCI DSS
8 1 (0.31%) PMO
System Software
1 18 (5.56%) Active Directory
2 13 (4.01%) Docker
3 4 (1.23%) VMware ESXi
3 4 (1.23%) VMware Infrastructure
4 2 (0.62%) XenApp
4 2 (0.62%) XenDesktop
5 1 (0.31%) Hyper-V
5 1 (0.31%) VMware Workstation
5 1 (0.31%) vSphere
Systems Management
1 16 (4.94%) Kubernetes
2 7 (2.16%) Tivoli
3 6 (1.85%) CSIRT
3 6 (1.85%) Tivoli Monitoring
4 5 (1.54%) Ansible
5 4 (1.23%) Istio
5 4 (1.23%) SCCM
5 4 (1.23%) Terraform
6 3 (0.93%) McAfee ePO
6 3 (0.93%) Nagios
6 3 (0.93%) Netcool
6 3 (0.93%) Netcool/OMNIbus
7 2 (0.62%) Cisco CUCM
8 1 (0.31%) DatAdvantage
8 1 (0.31%) FortiGate
8 1 (0.31%) Jamf Pro
8 1 (0.31%) Opscode Chef
8 1 (0.31%) Puppet
Vendors
1 54 (16.67%) Microsoft
2 24 (7.41%) Cisco
3 16 (4.94%) VMware
4 13 (4.01%) Oracle
5 11 (3.40%) IBM
6 10 (3.09%) CheckPoint
7 9 (2.78%) Palo Alto
8 7 (2.16%) Tableau
9 6 (1.85%) Cloudera
9 6 (1.85%) Databricks
9 6 (1.85%) EMC
9 6 (1.85%) SAP
10 5 (1.54%) F5
10 5 (1.54%) ServiceNow
11 4 (1.23%) Citrix
11 4 (1.23%) Hitachi
11 4 (1.23%) McAfee
11 4 (1.23%) Palantir
11 4 (1.23%) Talend
11 4 (1.23%) Temenos