Period
to 3 July 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 3 July 2020 with a comparison to the same period over the previous 2 years.

Banking
Central London > City of London
6 months to
3 Jul 2020
Same period 2019 Same period 2018
Rank 24 27 19
Rank change year-on-year +3 -8 -6
Permanent jobs citing Banking 478 836 1,104
As % of all permanent jobs advertised in the City of London 7.84% 8.03% 9.74%
As % of the General category 15.79% 15.49% 16.71%
Number of salaries quoted 445 759 1,011
Median annual salary £77,500 £70,000 £72,500
Median salary % change year-on-year +10.71% -3.45% +11.54%
10th Percentile £56,750 £40,400 £42,500
90th Percentile £112,500 £100,000 £108,750
Central London median annual salary £78,250 £70,000 £72,500
% change year-on-year +11.79% -3.45% +11.54%

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 3,027 5,397 6,605
As % of all permanent IT jobs advertised in the City of London 49.66% 51.87% 58.25%
Number of salaries quoted 2,648 4,739 5,862
Median annual salary £70,000 £65,000 £62,500
Median salary % change year-on-year +7.69% +4.00% +4.17%
10th Percentile £41,250 £37,500 £36,250
90th Percentile £105,000 £97,500 £95,000
Central London median annual salary £70,000 £65,000 £62,000
% change year-on-year +7.69% +4.84% +3.33%

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 3 July 2020.

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 3 July 2020. 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
Moorgate -1 3 £120,000 +140.00%
Banking
Central London

For the 6 months to 3 July 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.

1 290 (60.67%) Finance
2 165 (34.52%) Agile Software Development
3 130 (27.20%) Java
4 119 (24.90%) Investment Banking
5 95 (19.87%) Fintech
6 82 (17.15%) Python
7 72 (15.06%) Scrum
8 68 (14.23%) AWS
9 63 (13.18%) DevOps
10 58 (12.13%) Linux
11 56 (11.72%) JavaScript
12 51 (10.67%) Microservices
13 50 (10.46%) Kubernetes
14 49 (10.25%) SQL
15 48 (10.04%) Front Office
15 48 (10.04%) Analytical Skills
15 48 (10.04%) Docker
16 46 (9.62%) Problem-Solving
17 45 (9.41%) TDD
18 44 (9.21%) Microsoft
18 44 (9.21%) Azure
19 43 (9.00%) JIRA
20 40 (8.37%) Stakeholder Management
21 38 (7.95%) .NET
21 38 (7.95%) Terraform
22 37 (7.74%) Fixed Income
23 36 (7.53%) Degree
23 36 (7.53%) AngularJS
24 34 (7.11%) Jenkins
24 34 (7.11%) C#

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 29 (6.07%) Confluence
2 16 (3.35%) Apache
3 13 (2.72%) Tomcat
4 12 (2.51%) Apache Spark
5 9 (1.88%) JBoss
6 5 (1.05%) Blackberry Enterprise Server
7 3 (0.63%) Elasticsearch
8 2 (0.42%) MQSeries
8 2 (0.42%) MS Exchange
8 2 (0.42%) nginx
9 1 (0.21%) Adobe Experience Manager
9 1 (0.21%) Apache Airflow
9 1 (0.21%) CMS
9 1 (0.21%) Liferay
9 1 (0.21%) MTS
9 1 (0.21%) Oracle SOA Suite
9 1 (0.21%) SAS
9 1 (0.21%) Sitecore CMS
9 1 (0.21%) Skype for Business
9 1 (0.21%) WebSphere
Applications
1 15 (3.14%) Microsoft Office
2 14 (2.93%) Spreadsheet
3 5 (1.05%) Microsoft Excel
4 4 (0.84%) Sketch
4 4 (0.84%) Zeplin
5 3 (0.63%) Microsoft PowerPoint
6 1 (0.21%) Adobe After Effects
6 1 (0.21%) Adobe Illustrator
6 1 (0.21%) Adobe Premiere
6 1 (0.21%) Photoshop
Business Applications
1 7 (1.46%) Dynamics CRM
2 3 (0.63%) Temenos T24
3 2 (0.42%) SAP CO
3 2 (0.42%) SAP FI
3 2 (0.42%) SAP FI/CO
4 1 (0.21%) Distributed Ledger
4 1 (0.21%) Payment Gateway
4 1 (0.21%) thinkFolio
Cloud Services
1 68 (14.23%) AWS
2 44 (9.21%) Azure
3 31 (6.49%) GCP
4 7 (1.46%) Dynamics 365
5 6 (1.26%) Apigee
6 5 (1.05%) Serverless
7 4 (0.84%) Amazon EMR
7 4 (0.84%) AWS CloudFormation
7 4 (0.84%) Cloud Computing
7 4 (0.84%) iTunes
7 4 (0.84%) npm
7 4 (0.84%) Office 365
7 4 (0.84%) Power Platform
7 4 (0.84%) Slack
8 3 (0.63%) Amazon Kinesis
9 2 (0.42%) Amazon S3
9 2 (0.42%) AWS Lambda
9 2 (0.42%) GitHub
9 2 (0.42%) SaaS
10 1 (0.21%) IaaS
Communications & Networking
1 29 (6.07%) Firewall
2 17 (3.56%) Network Security
3 11 (2.30%) Unified Communications
4 9 (1.88%) WAN
5 7 (1.46%) LAN
6 6 (1.26%) SAN
6 6 (1.26%) VPN
7 5 (1.05%) Cisco ISE
7 5 (1.05%) PBX
7 5 (1.05%) RTP
8 4 (0.84%) Cisco ASA
8 4 (0.84%) Wireless
8 4 (0.84%) Wireless Security
9 3 (0.63%) BGP
9 3 (0.63%) DNS
9 3 (0.63%) F5 BIG-IP GTM
9 3 (0.63%) F5 BIG-IP LTM
9 3 (0.63%) HTTP
9 3 (0.63%) SNMP
9 3 (0.63%) TCP/IP
Database & Business Intelligence
1 23 (4.81%) SQL Server
2 21 (4.39%) NoSQL
3 14 (2.93%) Data Warehouse
4 13 (2.72%) Big Data
5 12 (2.51%) Blockchain
6 10 (2.09%) Hadoop
6 10 (2.09%) SQL Server Integration Services
6 10 (2.09%) SQL Server Reporting Services
7 9 (1.88%) MongoDB
8 6 (1.26%) Amazon Redshift
9 5 (1.05%) Amazon Athena
9 5 (1.05%) PostgreSQL
10 4 (0.84%) Cosmos DB
10 4 (0.84%) HDInsight
10 4 (0.84%) Power BI
11 3 (0.63%) Data Lake
11 3 (0.63%) MySQL
12 2 (0.42%) Azure SQL Database
12 2 (0.42%) Hazelcast
12 2 (0.42%) SAP HANA
Development Applications
1 43 (9.00%) JIRA
2 34 (7.11%) Jenkins
3 24 (5.02%) Git (software)
4 16 (3.35%) TeamCity
5 13 (2.72%) webpack
6 9 (1.88%) GitLab
7 7 (1.46%) Atlassian Bamboo
8 6 (1.26%) Appium
8 6 (1.26%) Gradle
8 6 (1.26%) Maven
8 6 (1.26%) Visual Studio
9 5 (1.05%) Cypress.io
10 4 (0.84%) Calabash
10 4 (0.84%) Cucumber
10 4 (0.84%) gulp
10 4 (0.84%) JUnit
10 4 (0.84%) MSTest
10 4 (0.84%) NUnit
10 4 (0.84%) VersionOne
11 3 (0.63%) Sonatype Nexus
General
1 290 (60.67%) Finance
2 119 (24.90%) Investment Banking
3 48 (10.04%) Front Office
4 30 (6.28%) Retail
5 15 (3.14%) International Banking
5 15 (3.14%) Private Banking
6 14 (2.93%) Retail Banking
7 12 (2.51%) Telecoms
8 11 (2.30%) Financial Institution
9 10 (2.09%) French Language
9 10 (2.09%) Games
9 10 (2.09%) Marketing
10 7 (1.46%) Public Sector
11 6 (1.26%) German Language
11 6 (1.26%) Italian Language
12 5 (1.05%) Advertising
12 5 (1.05%) Legal
12 5 (1.05%) Pharmaceutical
13 4 (0.84%) Back Office
14 2 (0.42%) Manufacturing
Job Titles
1 122 (25.52%) Developer
2 55 (11.51%) Analyst
3 48 (10.04%) Java Developer
4 33 (6.90%) Architect
5 27 (5.65%) Senior Developer
6 25 (5.23%) Business Analyst
7 24 (5.02%) Network Engineer
8 22 (4.60%) Java Engineer
9 21 (4.39%) DevOps Engineer
10 18 (3.77%) Electronic Trading Developer
10 18 (3.77%) IT Analyst
11 17 (3.56%) Security Engineer
12 16 (3.35%) Applications Support
13 15 (3.14%) Business IT Analyst
13 15 (3.14%) Consultant
13 15 (3.14%) Finance Business Analyst
13 15 (3.14%) Financial Analyst
13 15 (3.14%) IT Business Analyst
13 15 (3.14%) Service Analyst
13 15 (3.14%) Support Analyst
Libraries, Frameworks & Software Standards
1 38 (7.95%) .NET
2 36 (7.53%) AngularJS
3 33 (6.90%) HTML
4 32 (6.69%) REST
5 29 (6.07%) Spring
6 26 (5.44%) CSS
6 26 (5.44%) React
7 24 (5.02%) JSON
8 21 (4.39%) XML
9 20 (4.18%) Redux
10 19 (3.97%) Spring Boot
11 18 (3.77%) Kafka
11 18 (3.77%) Web Services
12 17 (3.56%) Sass
13 16 (3.35%) RESTful
14 13 (2.72%) ASP.NET
15 9 (1.88%) Django
15 9 (1.88%) Flask
15 9 (1.88%) Node.js
16 8 (1.67%) jQuery
Miscellaneous
1 48 (10.04%) Analytical Skills
2 37 (7.74%) Fixed Income
3 21 (4.39%) Foreign Exchange (FX)
4 20 (4.18%) Data Centre
5 19 (3.97%) Greenfield Project
6 16 (3.35%) Mobile App
7 14 (2.93%) SWIFT
8 11 (2.30%) Public Cloud
8 11 (2.30%) User Experience
9 10 (2.09%) Mobile Banking
10 9 (1.88%) Private Cloud
11 8 (1.67%) Algorithms
11 8 (1.67%) Derivative
11 8 (1.67%) Equities
11 8 (1.67%) Management Information System
12 7 (1.46%) Credit Risk
13 6 (1.26%) Interest Rate Derivative
13 6 (1.26%) iPhone
13 6 (1.26%) Market Risk
14 5 (1.05%) Enterprise Software
Operating Systems
1 58 (12.13%) Linux
2 32 (6.69%) Windows
3 29 (6.07%) Unix
4 17 (3.56%) Red Hat Enterprise Linux
5 10 (2.09%) Windows Server
6 6 (1.26%) Apple iOS
7 4 (0.84%) Windows Server 2012
7 4 (0.84%) Windows Server 2016
8 3 (0.63%) Android
9 2 (0.42%) Windows 10
9 2 (0.42%) Windows 7
9 2 (0.42%) Windows Server 2008
10 1 (0.21%) Debian
10 1 (0.21%) Ubuntu
Processes & Methodologies
1 165 (34.52%) Agile Software Development
2 95 (19.87%) Fintech
3 72 (15.06%) Scrum
4 63 (13.18%) DevOps
5 51 (10.67%) Microservices
6 46 (9.62%) Problem-Solving
7 45 (9.41%) TDD
8 40 (8.37%) Stakeholder Management
9 34 (7.11%) Infrastructure as Code
10 28 (5.86%) ITIL
10 28 (5.86%) Software Engineering
11 27 (5.65%) Asset Management
11 27 (5.65%) Electronic Trading
12 25 (5.23%) Continuous Integration
13 24 (5.02%) Test Automation
14 23 (4.81%) Digital Banking
14 23 (4.81%) Risk Management
15 22 (4.60%) BDD
15 22 (4.60%) Business Analysis
16 21 (4.39%) SDLC
Programming Languages
1 130 (27.20%) Java
2 82 (17.15%) Python
3 56 (11.72%) JavaScript
4 49 (10.25%) SQL
5 34 (7.11%) C#
6 29 (6.07%) PowerShell
7 27 (5.65%) Bash Shell
8 18 (3.77%) Java 8
8 18 (3.77%) Kotlin
8 18 (3.77%) Scala
9 15 (3.14%) TypeScript
10 13 (2.72%) Go
11 8 (1.67%) C++
11 8 (1.67%) Shell Script
12 7 (1.46%) R
12 7 (1.46%) Ruby
13 6 (1.26%) Apple Swift
13 6 (1.26%) Objective-C
13 6 (1.26%) VBA
14 5 (1.05%) PL/SQL
Qualifications
1 36 (7.53%) Degree
2 24 (5.02%) Cisco Certification
3 10 (2.09%) CCNA
4 9 (1.88%) CCNP
5 8 (1.67%) Computer Science Degree
6 7 (1.46%) Microsoft Certification
7 6 (1.26%) CISSP
8 5 (1.05%) CCIE
8 5 (1.05%) CCSP
9 4 (0.84%) AWS Certification
9 4 (0.84%) CFA
9 4 (0.84%) MCSA
9 4 (0.84%) Numerate Degree
10 3 (0.63%) (ISC)2 CCSP
10 3 (0.63%) Master's Degree
10 3 (0.63%) PMP
11 2 (0.42%) CISA
11 2 (0.42%) CISM
11 2 (0.42%) ITIL Certification
11 2 (0.42%) PMI Certification
Quality Assurance & Compliance
1 16 (3.35%) SLA
2 11 (2.30%) QA
3 9 (1.88%) ISO/IEC 27001
4 8 (1.67%) COBIT
5 7 (1.46%) NIST
6 4 (0.84%) Data Quality
6 4 (0.84%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
6 4 (0.84%) SEPA
7 3 (0.63%) PMO
8 2 (0.42%) EMIR
8 2 (0.42%) PSD2
9 1 (0.21%) ITGC
System Software
1 48 (10.04%) Docker
2 17 (3.56%) Active Directory
3 9 (1.88%) VMware Infrastructure
4 4 (0.84%) VMware ESXi
5 3 (0.63%) XenApp
6 2 (0.42%) XenDesktop
7 1 (0.21%) Hyper-V
7 1 (0.21%) Microsoft App-V
7 1 (0.21%) OpenAM
7 1 (0.21%) Veritas Cluster Server
7 1 (0.21%) VMware Workstation
7 1 (0.21%) vSphere
Systems Management
1 50 (10.46%) Kubernetes
2 38 (7.95%) Terraform
3 20 (4.18%) Ansible
4 13 (2.72%) FortiGate
5 10 (2.09%) Puppet
6 6 (1.26%) Tivoli
7 5 (1.05%) Tivoli Monitoring
8 4 (0.84%) Grafana
8 4 (0.84%) Prometheus
9 3 (0.63%) McAfee ePO
9 3 (0.63%) Nagios
10 2 (0.42%) Cisco CUCM
10 2 (0.42%) HP ALM
10 2 (0.42%) Istio
10 2 (0.42%) Netcool
10 2 (0.42%) Netcool/OMNIbus
10 2 (0.42%) Opscode Chef
10 2 (0.42%) SCCM
11 1 (0.21%) Kibana
11 1 (0.21%) Salt
Vendors
1 44 (9.21%) Microsoft
2 32 (6.69%) Cisco
3 19 (3.97%) CheckPoint
4 17 (3.56%) Oracle
4 17 (3.56%) VMware
5 11 (2.30%) Google
6 10 (2.09%) IBM
7 9 (1.88%) McAfee
7 9 (1.88%) Red Hat
8 8 (1.67%) HP
8 8 (1.67%) IronPort
8 8 (1.67%) Sun
9 7 (1.46%) F5
9 7 (1.46%) Palo Alto
10 6 (1.26%) EMC
11 5 (1.05%) Citrix
11 5 (1.05%) Juniper
11 5 (1.05%) Salesforce.com
12 4 (0.84%) Apple
12 4 (0.84%) CA Agile Central