Period
to 24 July 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 24 July 2021 with a comparison to the same period over the previous 2 years.

Banking
Central London > City of London
6 months to
24 Jul 2021
Same period 2020 Same period 2019
Rank 27 27 31
Rank change year-on-year 0 +4 -9
Permanent jobs citing Banking 469 416 817
As % of all permanent jobs advertised in the City of London 8.34% 7.59% 7.93%
As % of the General category 14.08% 12.46% 12.57%
Number of salaries quoted 419 369 736
10th Percentile £54,900 £56,250 £42,500
25th Percentile £67,500 £65,000 £53,750
Median annual salary (50th Percentile) £85,000 £77,500 £70,000
Median % change year-on-year +9.68% +10.71% -6.67%
75th Percentile £105,625 £97,500 £85,000
90th Percentile £120,000 £115,000 £100,000
Central London median annual salary £82,500 £77,500 £70,000
% change year-on-year +6.45% +10.71% -6.67%

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 3,330 3,340 6,501
As % of all permanent IT jobs advertised in the City of London 59.19% 60.96% 63.09%
Number of salaries quoted 2,906 2,934 5,728
10th Percentile £42,500 £40,750 £35,425
25th Percentile £52,500 £52,500 £48,750
Median annual salary (50th Percentile) £72,500 £70,000 £65,000
Median % change year-on-year +3.57% +7.69% +4.00%
75th Percentile £91,250 £86,250 £82,500
90th Percentile £108,750 £105,000 £95,225
Central London median annual salary £70,000 £70,000 £65,000
% change year-on-year - +7.69% +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 24 July 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 24 July 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 - 1 £77,500 -
Banking
Central London

For the 6 months to 24 July 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.

1 292 (62.26%) Finance
2 171 (36.46%) Agile Software Development
3 165 (35.18%) Java
4 110 (23.45%) SQL
5 105 (22.39%) Azure
6 100 (21.32%) AWS
6 100 (21.32%) Fintech
7 95 (20.26%) Investment Banking
8 91 (19.40%) DevOps
9 88 (18.76%) Front Office
10 80 (17.06%) Microservices
11 73 (15.57%) Social Skills
12 65 (13.86%) OO
13 63 (13.43%) .NET
13 63 (13.43%) Microsoft
14 62 (13.22%) Linux
14 62 (13.22%) Kubernetes
15 59 (12.58%) C#
16 58 (12.37%) Docker
17 55 (11.73%) Electronic Trading
18 54 (11.51%) Python
19 51 (10.87%) Risk Management
19 51 (10.87%) Kafka
20 50 (10.66%) JavaScript
21 46 (9.81%) Fixed Income
22 42 (8.96%) ASP.NET
22 42 (8.96%) Legacy Systems
23 41 (8.74%) TDD
24 40 (8.53%) HTML
25 39 (8.32%) Jenkins

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 (3.84%) SharePoint
2 14 (2.99%) Apache Spark
3 10 (2.13%) IIS
4 6 (1.28%) Apache
5 5 (1.07%) Confluence
5 5 (1.07%) Red Hat Fuse
6 4 (0.85%) Elasticsearch
6 4 (0.85%) Oracle Coherence
7 3 (0.64%) SAS
8 2 (0.43%) Cloud Foundry
8 2 (0.43%) WebSphere
9 1 (0.21%) Apache Airflow
Applications
1 20 (4.26%) Microsoft Office
2 14 (2.99%) Microsoft Excel
2 14 (2.99%) Spreadsheet
3 4 (0.85%) Microsoft PowerPoint
4 2 (0.43%) Adobe XD
4 2 (0.43%) Figma
4 2 (0.43%) InVision
4 2 (0.43%) MS Visio
4 2 (0.43%) Sketch
Business Applications
1 23 (4.90%) Dynamics CRM
2 5 (1.07%) Temenos T24
3 4 (0.85%) SAP ERP
4 3 (0.64%) Bloomberg AIM
4 3 (0.64%) Distributed Ledger
4 3 (0.64%) Elite 3E
4 3 (0.64%) thinkFolio
5 1 (0.21%) IntelliMatch
5 1 (0.21%) Sentinel
5 1 (0.21%) SunGard Martini
5 1 (0.21%) Temenos Globus
Cloud Services
1 105 (22.39%) Azure
2 100 (21.32%) AWS
3 39 (8.32%) GCP
4 36 (7.68%) Power Platform
5 21 (4.48%) SaaS
6 20 (4.26%) PowerApps
7 19 (4.05%) Dynamics 365
8 16 (3.41%) Cloud Computing
8 16 (3.41%) PaaS
9 6 (1.28%) AWS CloudFormation
9 6 (1.28%) IaaS
10 5 (1.07%) Microsoft 365
11 3 (0.64%) Amazon ECS
11 3 (0.64%) Amazon ElastiCache
11 3 (0.64%) Amazon Kinesis
11 3 (0.64%) GitHub
11 3 (0.64%) OpenShift
12 2 (0.43%) CloudBees
12 2 (0.43%) Serverless
13 1 (0.21%) Apigee
Communications & Networking
1 11 (2.35%) Network Security
1 11 (2.35%) TCP/IP
2 10 (2.13%) FTP
3 7 (1.49%) Firewall
4 6 (1.28%) Internet
5 4 (0.85%) VSAN
6 3 (0.64%) Cisco IOS
6 3 (0.64%) WAN
6 3 (0.64%) Wireless
7 2 (0.43%) Intrusion Detection
7 2 (0.43%) VPN
8 1 (0.21%) DHCP
8 1 (0.21%) DMZ
8 1 (0.21%) DNS
8 1 (0.21%) HTTP
8 1 (0.21%) HTTPS
8 1 (0.21%) Intranet
8 1 (0.21%) PBX
8 1 (0.21%) SSL
8 1 (0.21%) X.509
Database & Business Intelligence
1 21 (4.48%) SQL Server
1 21 (4.48%) SQL Server Integration Services
2 20 (4.26%) SQL Server Reporting Services
3 19 (4.05%) Power BI
4 16 (3.41%) PostgreSQL
5 15 (3.20%) Big Data
5 15 (3.20%) Relational Database
6 14 (2.99%) Hadoop
7 9 (1.92%) Data Warehouse
8 8 (1.71%) KDB
8 8 (1.71%) MySQL
8 8 (1.71%) Oracle Database
9 7 (1.49%) Tableau
10 5 (1.07%) Amazon Aurora
10 5 (1.07%) DB2
10 5 (1.07%) MongoDB
10 5 (1.07%) NoSQL
10 5 (1.07%) RDBMS
11 4 (0.85%) Blockchain
11 4 (0.85%) SAP HANA
Development Applications
1 39 (8.32%) Jenkins
2 32 (6.82%) JIRA
3 25 (5.33%) Git (software)
4 16 (3.41%) Visual Studio
5 11 (2.35%) Maven
6 10 (2.13%) Bitbucket
7 5 (1.07%) Babel
7 5 (1.07%) JUnit
8 4 (0.85%) Cucumber
8 4 (0.85%) IntelliJ
8 4 (0.85%) Subversion
9 3 (0.64%) Atlassian Bamboo
9 3 (0.64%) Gradle
9 3 (0.64%) SonarQube
9 3 (0.64%) Sonatype Nexus
9 3 (0.64%) TeamCity
9 3 (0.64%) Travis CI
9 3 (0.64%) webpack
10 2 (0.43%) Selenium
10 2 (0.43%) WebDriver
General
1 292 (62.26%) Finance
2 95 (20.26%) Investment Banking
3 88 (18.76%) Front Office
4 73 (15.57%) Social Skills
5 30 (6.40%) Analytical Skills
6 27 (5.76%) Private Banking
7 16 (3.41%) Back Office
8 14 (2.99%) Retail Banking
9 13 (2.77%) Retail
10 11 (2.35%) Financial Institution
10 11 (2.35%) Organisational Skills
11 9 (1.92%) Advertising
12 7 (1.49%) Legal
12 7 (1.49%) Presentation Skills
13 6 (1.28%) Games
13 6 (1.28%) Inclusion and Diversity
13 6 (1.28%) Law
13 6 (1.28%) Wholesale Banking
14 5 (1.07%) Billing
14 5 (1.07%) International Banking
Job Titles
1 171 (36.46%) Developer
2 99 (21.11%) Java Developer
3 67 (14.29%) Analyst
4 45 (9.59%) Senior Developer
5 44 (9.38%) Business Analyst
6 32 (6.82%) C# Developer
7 29 (6.18%) Java Pricing Developer
7 29 (6.18%) Pricing Developer
8 26 (5.54%) Java Developer - Fintech
9 24 (5.12%) Architect
9 24 (5.12%) Project Manager
10 22 (4.69%) Electronic Trading Developer
10 22 (4.69%) Senior Java Developer
11 21 (4.48%) Electronic Trading Java Developer
12 20 (4.26%) Consultant
12 20 (4.26%) Technical Leader
13 19 (4.05%) Banking Analyst
14 17 (3.62%) .NET Developer
14 17 (3.62%) Front Office Developer
14 17 (3.62%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 63 (13.43%) .NET
2 51 (10.87%) Kafka
3 42 (8.96%) ASP.NET
4 40 (8.53%) HTML
5 35 (7.46%) Spring
6 31 (6.61%) CSS
6 31 (6.61%) React
7 26 (5.54%) Spring Boot
8 22 (4.69%) WCF
9 21 (4.48%) JSON
9 21 (4.48%) XML
10 18 (3.84%) AngularJS
10 18 (3.84%) Web Services
11 17 (3.62%) RESTful
12 16 (3.41%) XSD
13 15 (3.20%) FIX Protocol
14 13 (2.77%) Middleware
15 12 (2.56%) Redux
15 12 (2.56%) REST
16 11 (2.35%) HTML5
Miscellaneous
1 46 (9.81%) Fixed Income
2 42 (8.96%) Legacy Systems
3 38 (8.10%) Derivative
4 36 (7.68%) Equities
4 36 (7.68%) Foreign Exchange (FX)
5 29 (6.18%) Greenfield Project
6 25 (5.33%) Enterprise Software
7 18 (3.84%) Credit Risk
8 15 (3.20%) Equity Derivative
9 14 (2.99%) Management Information System
9 14 (2.99%) User Experience
10 11 (2.35%) Reference Data
11 9 (1.92%) Public Cloud
12 8 (1.71%) Algorithms
12 8 (1.71%) Clustering
12 8 (1.71%) Data Structures
12 8 (1.71%) Market Risk
13 7 (1.49%) Data Centre
13 7 (1.49%) Hedge funds
13 7 (1.49%) Pricing Data
Operating Systems
1 62 (13.22%) Linux
2 30 (6.40%) Unix
3 29 (6.18%) Windows
4 7 (1.49%) Red Hat Enterprise Linux
4 7 (1.49%) Windows 7
5 5 (1.07%) Android
6 4 (0.85%) Windows 10
6 4 (0.85%) Windows Server 2008
6 4 (0.85%) Windows Server 2012
6 4 (0.85%) Windows Server 2016
7 3 (0.64%) Mac OS X
7 3 (0.64%) Windows 8
8 2 (0.43%) CentOS
8 2 (0.43%) Ubuntu
8 2 (0.43%) Windows Server
8 2 (0.43%) zOS
9 1 (0.21%) Apple iOS
9 1 (0.21%) Mac OS
9 1 (0.21%) Solaris
9 1 (0.21%) SUSE
Processes & Methodologies
1 171 (36.46%) Agile Software Development
2 100 (21.32%) Fintech
3 91 (19.40%) DevOps
4 80 (17.06%) Microservices
5 65 (13.86%) OO
6 55 (11.73%) Electronic Trading
7 51 (10.87%) Risk Management
8 41 (8.74%) TDD
9 38 (8.10%) Business Analysis
9 38 (8.10%) Project Management
10 36 (7.68%) CRM
10 36 (7.68%) Problem-Solving
11 35 (7.46%) Multithreading
12 34 (7.25%) Stakeholder Management
13 31 (6.61%) SDLC
14 30 (6.40%) Software Engineering
15 29 (6.18%) Migration
16 26 (5.54%) Asset Management
16 26 (5.54%) MVC
17 25 (5.33%) Analytics
Programming Languages
1 165 (35.18%) Java
2 110 (23.45%) SQL
3 59 (12.58%) C#
4 54 (11.51%) Python
5 50 (10.66%) JavaScript
6 19 (4.05%) Java 8
7 15 (3.20%) VBA
8 13 (2.77%) Kotlin
8 13 (2.77%) Perl
8 13 (2.77%) Shell Script
9 10 (2.13%) C++
9 10 (2.13%) Java 11
10 9 (1.92%) PowerShell
11 8 (1.71%) Bash Shell
12 5 (1.07%) TypeScript
13 4 (0.85%) Go
13 4 (0.85%) PHP
13 4 (0.85%) Scala
14 3 (0.64%) C
14 3 (0.64%) Ruby
Qualifications
1 36 (7.68%) Degree
2 12 (2.56%) CISSP
3 7 (1.49%) CISA
4 5 (1.07%) CISM
4 5 (1.07%) SC Cleared
4 5 (1.07%) Security Cleared
5 4 (0.85%) Computer Science Degree
5 4 (0.85%) CRISC
5 4 (0.85%) PMI Certification
6 3 (0.64%) PRINCE2 Certification
7 2 (0.43%) CREST Certified
7 2 (0.43%) GIAC
7 2 (0.43%) GPEN
7 2 (0.43%) OSCP
8 1 (0.21%) PhD
Quality Assurance & Compliance
1 11 (2.35%) QA
2 9 (1.92%) PMO
3 7 (1.49%) MiFID
4 6 (1.28%) GDPR
5 5 (1.07%) COBIT
6 4 (0.85%) EMIR
6 4 (0.85%) NIST
7 3 (0.64%) Accessibility
7 3 (0.64%) ISO/IEC 27001
8 2 (0.43%) Data Quality
8 2 (0.43%) PCI DSS
9 1 (0.21%) GRC
9 1 (0.21%) Sarbanes-Oxley
9 1 (0.21%) SEPA
9 1 (0.21%) Solvency II
System Software
1 58 (12.37%) Docker
2 5 (1.07%) VMware Infrastructure
3 4 (0.85%) VMware ESXi
4 3 (0.64%) Active Directory
4 3 (0.64%) OpenAM
4 3 (0.64%) OpenDJ
5 2 (0.43%) RACF
5 2 (0.43%) Time Sharing Option
6 1 (0.21%) HDFS
6 1 (0.21%) Virtual Machines
6 1 (0.21%) XenDesktop
Systems Management
1 62 (13.22%) Kubernetes
2 33 (7.04%) Terraform
3 19 (4.05%) Ansible
4 12 (2.56%) FortiGate
5 10 (2.13%) Puppet
6 5 (1.07%) Opscode Chef
7 4 (0.85%) vCenter Server
8 2 (0.43%) Packer
8 2 (0.43%) Tivoli NetView
8 2 (0.43%) zSecure
9 1 (0.21%) AirWatch
9 1 (0.21%) Control-M
9 1 (0.21%) Grafana
9 1 (0.21%) Jamf Pro
9 1 (0.21%) Prometheus
9 1 (0.21%) QRadar
9 1 (0.21%) Thomson Reuters DACS
Vendors
1 63 (13.43%) Microsoft
2 23 (4.90%) Cisco
2 23 (4.90%) Oracle
3 22 (4.69%) Fidessa
4 14 (2.99%) Google
5 12 (2.56%) Bloomberg
5 12 (2.56%) Fortinet
5 12 (2.56%) SolarWinds
6 11 (2.35%) VMware
7 8 (1.71%) SAP
8 7 (1.49%) IBM
9 6 (1.28%) Red Hat
10 5 (1.07%) Sage
10 5 (1.07%) Sun
11 4 (0.85%) Dell
11 4 (0.85%) EMC
11 4 (0.85%) HP
11 4 (0.85%) NetApp
11 4 (0.85%) PeopleSoft
11 4 (0.85%) Temenos