Period
to 25 February 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 25 February 2021 with a comparison to the same period over the previous 2 years.

Banking
Central London > City of London
6 months to
25 Feb 2021
Same period 2020 Same period 2019
Rank 21 27 24
Rank change year-on-year +6 -3 -9
Permanent jobs citing Banking 470 716 932
As % of all permanent jobs advertised in the City of London 10.06% 7.88% 9.00%
As % of the General category 20.15% 15.54% 17.81%
Number of salaries quoted 501 650 872
Median annual salary £80,000 £75,000 £70,000
Median salary % change year-on-year +6.67% +7.14% -3.45%
10th Percentile £57,500 £48,750 £36,250
90th Percentile £110,250 £107,500 £102,500
Central London median annual salary £77,500 £75,000 £70,000
% change year-on-year +3.33% +7.14% -

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 2,333 4,607 5,233
As % of all permanent IT jobs advertised in the City of London 49.96% 50.70% 50.51%
Number of salaries quoted 2,014 3,964 4,692
Median annual salary £72,500 £67,500 £65,000
Median salary % change year-on-year +7.41% +3.85% +4.00%
10th Percentile £43,750 £37,500 £37,500
90th Percentile £108,750 £105,000 £97,500
Central London median annual salary £72,500 £67,500 £65,000
% change year-on-year +7.41% +3.85% +8.33%

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 25 February 2021.

Salary histogram for Banking in the City of London

For the 6 months to 25 February 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.

1 233 (49.57%) Finance
2 194 (41.28%) Agile Software Development
3 123 (26.17%) Java
4 115 (24.47%) AWS
5 112 (23.83%) Azure
6 99 (21.06%) Fintech
7 98 (20.85%) SQL
8 92 (19.57%) Microsoft
9 91 (19.36%) Digital Transformation Programme
10 86 (18.30%) Private Banking
11 82 (17.45%) DevOps
12 77 (16.38%) JavaScript
13 74 (15.74%) Microservices
14 73 (15.53%) Degree
15 67 (14.26%) CRM
15 67 (14.26%) Power Platform
16 66 (14.04%) Python
17 63 (13.40%) Front Office
18 62 (13.19%) .NET
19 60 (12.77%) OO
19 60 (12.77%) Dynamics CRM
20 59 (12.55%) Investment Banking
21 56 (11.91%) Scrum
22 55 (11.70%) SQL Server Integration Services
23 54 (11.49%) SQL Server Reporting Services
24 53 (11.28%) Web Development
24 53 (11.28%) HTML
25 51 (10.85%) CSS
25 51 (10.85%) XML
26 47 (10.00%) ASP.NET

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 19 (4.04%) Apache Spark
2 18 (3.83%) SharePoint
3 6 (1.28%) Apache
4 5 (1.06%) SAS
5 2 (0.43%) Elasticsearch
5 2 (0.43%) Red Hat Fuse
6 1 (0.21%) Appian
6 1 (0.21%) Confluence
6 1 (0.21%) Oracle SOA Suite
Applications
1 15 (3.19%) Microsoft Excel
2 14 (2.98%) Spreadsheet
3 3 (0.64%) Microsoft PowerPoint
4 2 (0.43%) MS Visio
5 1 (0.21%) Microsoft Office
5 1 (0.21%) Sketch
5 1 (0.21%) Zeplin
Business Applications
1 60 (12.77%) Dynamics CRM
Cloud Services
1 115 (24.47%) AWS
2 112 (23.83%) Azure
3 67 (14.26%) Power Platform
4 46 (9.79%) Dynamics 365
5 41 (8.72%) GCP
6 26 (5.53%) PowerApps
7 21 (4.47%) Cloud Computing
8 10 (2.13%) Microsoft 365
9 9 (1.91%) AWS CloudFormation
10 5 (1.06%) GitHub
11 3 (0.64%) Apple Pay
11 3 (0.64%) Azure Active Directory
11 3 (0.64%) Google Pay
11 3 (0.64%) IaaS
11 3 (0.64%) PaaS
12 2 (0.43%) Mimecast
12 2 (0.43%) npm
12 2 (0.43%) SaaS
12 2 (0.43%) Salesforce Sales Cloud
12 2 (0.43%) Serverless
Communications & Networking
1 30 (6.38%) TCP/IP
2 17 (3.62%) Network Security
3 14 (2.98%) DNS
4 12 (2.55%) WAN
5 11 (2.34%) Firewall
5 11 (2.34%) LAN
6 10 (2.13%) VSAN
7 9 (1.91%) DHCP
7 9 (1.91%) DMZ
7 9 (1.91%) NetScaler
8 7 (1.49%) Unified Communications
8 7 (1.49%) VoIP
8 7 (1.49%) VPN
9 4 (0.85%) F5 BIG-IP LTM
9 4 (0.85%) SSL
9 4 (0.85%) Wireshark
10 3 (0.64%) Cisco ASA
10 3 (0.64%) Cisco IOS
10 3 (0.64%) Wi-Fi
10 3 (0.64%) Wireless
Database & Business Intelligence
1 55 (11.70%) SQL Server Integration Services
2 54 (11.49%) SQL Server Reporting Services
3 21 (4.47%) Power BI
4 20 (4.26%) Big Data
4 20 (4.26%) SQL Server
5 12 (2.55%) Data Warehouse
5 12 (2.55%) Hadoop
6 8 (1.70%) Relational Database
7 7 (1.49%) MySQL
7 7 (1.49%) Oracle Database
7 7 (1.49%) SQL Server Analysis Services
8 6 (1.28%) Tableau
9 5 (1.06%) MongoDB
10 4 (0.85%) Apache Hive
10 4 (0.85%) PostgreSQL
11 3 (0.64%) NoSQL
11 3 (0.64%) Oracle Database 11g
12 2 (0.43%) DB2
12 2 (0.43%) Oracle Database 12c
12 2 (0.43%) RDBMS
Development Applications
1 46 (9.79%) Visual Studio
2 35 (7.45%) Jenkins
3 25 (5.32%) Git (software)
4 21 (4.47%) webpack
5 8 (1.70%) SonarQube
5 8 (1.70%) TeamCity
6 7 (1.49%) Gradle
7 6 (1.28%) JIRA
8 5 (1.06%) Bitbucket
8 5 (1.06%) GitLab
8 5 (1.06%) JUnit
9 4 (0.85%) Mockito
10 3 (0.64%) Atlassian Bamboo
10 3 (0.64%) Selenium
11 2 (0.43%) Cucumber
11 2 (0.43%) Maven
11 2 (0.43%) WebDriver
12 1 (0.21%) Appium
12 1 (0.21%) Artifactory
12 1 (0.21%) Calabash
General
1 233 (49.57%) Finance
2 86 (18.30%) Private Banking
3 63 (13.40%) Front Office
4 59 (12.55%) Investment Banking
5 37 (7.87%) Retail Banking
6 14 (2.98%) Advertising
7 7 (1.49%) Financial Institution
7 7 (1.49%) Marketing
8 6 (1.28%) Back Office
8 6 (1.28%) International Banking
8 6 (1.28%) Publishing
9 5 (1.06%) Retail
10 4 (0.85%) Telecoms
11 3 (0.64%) Corporate Banking
11 3 (0.64%) Wholesale Banking
12 2 (0.43%) Mandarin Language
12 2 (0.43%) Public Sector
13 1 (0.21%) Electronics
13 1 (0.21%) Law
13 1 (0.21%) Local Government
Job Titles
1 139 (29.57%) Developer
2 47 (10.00%) Java Developer
3 44 (9.36%) Analyst
4 33 (7.02%) Business Analyst
4 33 (7.02%) Lead Developer
4 33 (7.02%) Technical Leader
5 30 (6.38%) Java Engineer
6 29 (6.17%) Consultant
7 28 (5.96%) Senior Developer
7 28 (5.96%) Software Engineer
8 26 (5.53%) Java Developer - Fintech
8 26 (5.53%) Technical Consultant
9 24 (5.11%) Architect
10 21 (4.47%) Project Manager
11 20 (4.26%) Java Software Engineer
12 18 (3.83%) DevOps Engineer
12 18 (3.83%) Electronic Trading Developer
12 18 (3.83%) Python Developer
13 17 (3.62%) Electronic Trading Java Developer
14 16 (3.40%) Java Pricing Developer
Libraries, Frameworks & Software Standards
1 62 (13.19%) .NET
2 53 (11.28%) HTML
3 51 (10.85%) CSS
3 51 (10.85%) XML
4 47 (10.00%) ASP.NET
4 47 (10.00%) WCF
5 46 (9.79%) XSD
6 41 (8.72%) Kafka
7 34 (7.23%) Spring Boot
8 30 (6.38%) Spring
9 25 (5.32%) Redux
10 24 (5.11%) JSON
10 24 (5.11%) REST
11 23 (4.89%) AngularJS
12 22 (4.68%) Sass
13 15 (3.19%) FIX Protocol
14 13 (2.77%) React
15 11 (2.34%) Node.js
16 9 (1.91%) .NET Core
16 9 (1.91%) Pandas
Miscellaneous
1 36 (7.66%) Analytical Skills
2 34 (7.23%) Fixed Income
3 33 (7.02%) Foreign Exchange (FX)
4 32 (6.81%) Data Centre
5 30 (6.38%) Greenfield Project
6 15 (3.19%) Derivative
7 12 (2.55%) Mobile App
8 11 (2.34%) Client/Server
8 11 (2.34%) Management Information System
9 10 (2.13%) EMC VNXe
9 10 (2.13%) Enterprise Storage
9 10 (2.13%) FlexPod
9 10 (2.13%) Hedge funds
9 10 (2.13%) VxBlock/Vblock
10 9 (1.91%) Equities
10 9 (1.91%) Robotics
11 7 (1.49%) Algorithms
11 7 (1.49%) Credit Risk
11 7 (1.49%) Market Risk
11 7 (1.49%) User Experience
Operating Systems
1 41 (8.72%) Linux
2 37 (7.87%) Windows
3 19 (4.04%) Unix
4 18 (3.83%) Windows 10
5 10 (2.13%) Windows 7
5 10 (2.13%) Windows Server 2008
5 10 (2.13%) Windows Server 2012
5 10 (2.13%) Windows Server 2016
6 8 (1.70%) Red Hat Enterprise Linux
7 6 (1.28%) Android
8 4 (0.85%) Solaris
8 4 (0.85%) Windows Server
8 4 (0.85%) Windows XP
9 2 (0.43%) zOS
10 1 (0.21%) Apple iOS
Processes & Methodologies
1 194 (41.28%) Agile Software Development
2 99 (21.06%) Fintech
3 91 (19.36%) Digital Transformation Programme
4 82 (17.45%) DevOps
5 74 (15.74%) Microservices
6 67 (14.26%) CRM
7 60 (12.77%) OO
8 56 (11.91%) Scrum
9 53 (11.28%) Web Development
10 46 (9.79%) OOD
11 44 (9.36%) Migration
12 40 (8.51%) Project Management
13 37 (7.87%) Software Engineering
13 37 (7.87%) TDD
14 35 (7.45%) Asset Management
15 33 (7.02%) Stakeholder Management
16 32 (6.81%) BDD
17 30 (6.38%) Problem-Solving
18 29 (6.17%) Information Security
19 26 (5.53%) Electronic Trading
Programming Languages
1 123 (26.17%) Java
2 98 (20.85%) SQL
3 77 (16.38%) JavaScript
4 66 (14.04%) Python
5 30 (6.38%) Java 8
5 30 (6.38%) PowerShell
6 27 (5.74%) C#
7 14 (2.98%) Kotlin
7 14 (2.98%) Scala
8 12 (2.55%) Bash Shell
9 11 (2.34%) TypeScript
10 10 (2.13%) R
11 8 (1.70%) T-SQL
12 6 (1.28%) VB
13 5 (1.06%) Clojure
14 4 (0.85%) MATLAB
14 4 (0.85%) PHP
15 3 (0.64%) Lisp
15 3 (0.64%) Shell Script
15 3 (0.64%) VBA
Qualifications
1 73 (15.53%) Degree
2 14 (2.98%) CISSP
3 10 (2.13%) Computer Science Degree
4 9 (1.91%) CISM
5 7 (1.49%) Cisco Certification
6 5 (1.06%) CISA
7 4 (0.85%) (ISC)2 CCSP
7 4 (0.85%) CCSP
7 4 (0.85%) CREST Certified
7 4 (0.85%) GCFA
7 4 (0.85%) GCIA
7 4 (0.85%) GCIH
7 4 (0.85%) PMI Certification
8 3 (0.64%) CCIE
8 3 (0.64%) CCNP
8 3 (0.64%) Master's Degree
9 1 (0.21%) CRISC
9 1 (0.21%) ISEB
Quality Assurance & Compliance
1 20 (4.26%) QA
2 10 (2.13%) GDPR
3 8 (1.70%) ISO/IEC 27001
3 8 (1.70%) NIST
4 7 (1.49%) COBIT
5 4 (0.85%) EMIR
5 4 (0.85%) MiFID
6 2 (0.43%) Dodd-Frank
6 2 (0.43%) PCI DSS
6 2 (0.43%) SEPA
6 2 (0.43%) SLA
7 1 (0.21%) Data Quality
7 1 (0.21%) PMO
System Software
1 40 (8.51%) Docker
2 12 (2.55%) VMware Infrastructure
3 10 (2.13%) VMware ESXi
4 9 (1.91%) XenDesktop
5 8 (1.70%) Active Directory
6 2 (0.43%) RACF
6 2 (0.43%) Time Sharing Option
6 2 (0.43%) VMware NSX
7 1 (0.21%) Oracle RAC
7 1 (0.21%) Virtual Machines
Systems Management
1 40 (8.51%) Kubernetes
2 30 (6.38%) Terraform
3 28 (5.96%) Ansible
4 10 (2.13%) vCenter Server
5 7 (1.49%) Cisco CUCM
5 7 (1.49%) ITRS Geneos
6 6 (1.28%) Puppet
6 6 (1.28%) SCCM
7 4 (0.85%) Control-M
7 4 (0.85%) CSIRT
8 3 (0.64%) Cisco Prime
8 3 (0.64%) Data Guard
8 3 (0.64%) Docker Swarm
8 3 (0.64%) Oracle Enterprise Manager
8 3 (0.64%) Prometheus
8 3 (0.64%) Rancher
9 2 (0.43%) Grafana
9 2 (0.43%) Opscode Chef
9 2 (0.43%) Red Hat Spacewalk
9 2 (0.43%) Tivoli NetView
Vendors
1 92 (19.57%) Microsoft
2 30 (6.38%) VMware
3 24 (5.11%) Cisco
4 17 (3.62%) Oracle
5 14 (2.98%) IBM
6 11 (2.34%) Google
7 10 (2.13%) Dell
7 10 (2.13%) EMC
7 10 (2.13%) HP
7 10 (2.13%) Isilon
7 10 (2.13%) NetApp
8 9 (1.91%) Citrix
8 9 (1.91%) Ivanti
9 8 (1.70%) Red Hat
10 6 (1.28%) Solace
11 5 (1.06%) F5
11 5 (1.06%) GoldenSource
12 4 (0.85%) Avaya
12 4 (0.85%) Salesforce.com
12 4 (0.85%) Splunk