Period
to

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 29 June 2022 with a comparison to the same period over the previous 2 years.

Banking
Central London > City of London
6 months to
29 Jun 2022
Same period 2021 Same period 2020
Rank 39 27 27
Rank change year-on-year -12 0 +1
Permanent jobs citing Banking 506 470 473
As % of all permanent jobs advertised in the City of London 6.31% 8.76% 7.78%
As % of the General category 9.89% 14.40% 12.78%
Number of salaries quoted 378 421 414
10th Percentile £55,000 £55,000 £56,250
25th Percentile £62,500 £68,750 £65,000
Median annual salary (50th Percentile) £87,500 £85,000 £77,500
Median % change year-on-year +2.94% +9.68% +10.71%
75th Percentile £106,250 £100,000 £96,250
90th Percentile £126,625 £120,000 £114,625
Central London median annual salary £87,500 £82,500 £77,500
% change year-on-year +6.06% +6.45% +10.71%

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 5,114 3,263 3,701
As % of all permanent IT jobs advertised in the City of London 63.76% 60.81% 60.91%
Number of salaries quoted 3,802 2,847 3,239
10th Percentile £45,000 £42,500 £39,100
25th Percentile £56,250 £52,500 £51,250
Median annual salary (50th Percentile) £72,500 £72,500 £70,000
Median % change year-on-year - +3.57% +7.69%
75th Percentile £95,000 £88,875 £86,250
90th Percentile £110,000 £107,500 £105,000
Central London median annual salary £72,500 £70,000 £70,000
% change year-on-year +3.57% - +7.69%

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 29 June 2022.

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 29 June 2022. 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
Jobs
London Bridge -1 5 £90,000 +16.13%
Moorgate - 5 £47,500 -
Banking
Central London

For the 6 months to 29 June 2022, 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.

1 325 (64.23%) Finance
2 166 (32.81%) Java
3 161 (31.82%) Agile
4 110 (21.74%) Investment Banking
5 101 (19.96%) SQL
5 101 (19.96%) Microservices
6 99 (19.57%) Stakeholder Management
7 84 (16.60%) Social Skills
8 81 (16.01%) Risk Management
8 81 (16.01%) DevOps
9 71 (14.03%) Python
10 65 (12.85%) Spring
11 64 (12.65%) Fintech
12 63 (12.45%) Front Office
13 62 (12.25%) Docker
14 59 (11.66%) Spring Boot
14 59 (11.66%) AWS
14 59 (11.66%) Degree
15 58 (11.46%) SQL Server
15 58 (11.46%) Azure
16 57 (11.26%) Kubernetes
16 57 (11.26%) Analytical Skills
17 56 (11.07%) Windows
17 56 (11.07%) CI/CD
18 54 (10.67%) Business Analysis
19 53 (10.47%) Apple
20 51 (10.08%) Attestation
21 50 (9.88%) Scrum
22 49 (9.68%) Microsoft
22 49 (9.68%) Data Modelling

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 24 (4.74%) Confluence
2 20 (3.95%) Tomcat
3 18 (3.56%) IIS
4 8 (1.58%) IBM Notes
5 6 (1.19%) JBoss
6 5 (0.99%) CMS
7 4 (0.79%) SAS
7 4 (0.79%) SharePoint
8 2 (0.40%) Apache
8 2 (0.40%) Apache Spark
8 2 (0.40%) Drupal
8 2 (0.40%) SilverStripe
9 1 (0.20%) Adobe Experience Manager
9 1 (0.20%) Cloud Foundry
9 1 (0.20%) Ethereum
9 1 (0.20%) MQSeries
9 1 (0.20%) MS Exchange
9 1 (0.20%) nginx
9 1 (0.20%) Oracle Workflow
9 1 (0.20%) WordPress
Applications
1 24 (4.74%) Microsoft Office
2 11 (2.17%) Microsoft Excel
2 11 (2.17%) Microsoft PowerPoint
3 6 (1.19%) MS Visio
4 2 (0.40%) Microsoft Project
4 2 (0.40%) Sketch
Business Applications
1 10 (1.98%) Fidessa
2 4 (0.79%) Summit
2 4 (0.79%) Temenos T24
3 2 (0.40%) ION MarketView
3 2 (0.40%) Magento
3 2 (0.40%) Oracle Assets
3 2 (0.40%) Oracle ERP
3 2 (0.40%) Oracle Payables
3 2 (0.40%) Oracle Procure-to-Pay
3 2 (0.40%) Oracle Receivables
3 2 (0.40%) Sparx Enterprise Architect
4 1 (0.20%) Distributed Ledger
4 1 (0.20%) Oracle Cash Management
4 1 (0.20%) Oracle Financials
4 1 (0.20%) SunGard Martini
Cloud Services
1 59 (11.66%) AWS
2 58 (11.46%) Azure
3 43 (8.50%) GCP
4 24 (4.74%) Azure DevOps
5 12 (2.37%) PaaS
6 11 (2.17%) Power Platform
7 10 (1.98%) SaaS
8 9 (1.78%) AWS CloudFormation
9 8 (1.58%) Cloud Computing
10 7 (1.38%) Slack
11 6 (1.19%) Amazon EKS
11 6 (1.19%) OpenShift
11 6 (1.19%) Serverless
12 5 (0.99%) Azure AKS
12 5 (0.99%) Microsoft 365
13 4 (0.79%) Amazon ECS
13 4 (0.79%) Azure Data Factory
13 4 (0.79%) Google Workspace
14 3 (0.59%) Amazon SageMaker
14 3 (0.59%) NuGet
Communications & Networking
1 10 (1.98%) NAS
2 9 (1.78%) DNS
2 9 (1.78%) TCP/IP
3 8 (1.58%) Firewall
3 8 (1.58%) VoIP
4 5 (0.99%) VPN
4 5 (0.99%) WebEx
5 4 (0.79%) DHCP
5 4 (0.79%) ICMP
6 3 (0.59%) Internet
7 2 (0.40%) IP Telephony
7 2 (0.40%) LAN
7 2 (0.40%) Multicast
7 2 (0.40%) Network Security
7 2 (0.40%) SAN
7 2 (0.40%) WAN
8 1 (0.20%) F5 BIG-IP GTM
8 1 (0.20%) F5 BIG-IP LTM
8 1 (0.20%) Junos
8 1 (0.20%) Spanning Tree
Database & Business Intelligence
1 58 (11.46%) SQL Server
2 23 (4.55%) KDB
3 17 (3.36%) SQL Server Reporting Services
4 15 (2.96%) Data Warehouse
4 15 (2.96%) SQL Server Analysis Services
4 15 (2.96%) SQL Server Integration Services
5 13 (2.57%) Redis
5 13 (2.57%) Relational Database
6 11 (2.17%) PostgreSQL
6 11 (2.17%) Power BI
7 10 (1.98%) Data Lake
7 10 (1.98%) MySQL
8 9 (1.78%) Tableau
9 8 (1.58%) DB2
9 8 (1.58%) Oracle Database
10 7 (1.38%) Big Data
10 7 (1.38%) RDBMS
11 5 (0.99%) Azure SQL Data Warehouse
11 5 (0.99%) Metadata
11 5 (0.99%) NoSQL
Development Applications
1 46 (9.09%) Git (software)
2 36 (7.11%) JIRA
3 16 (3.16%) Jenkins
4 15 (2.96%) Atlassian Bamboo
5 9 (1.78%) Selenium
6 7 (1.38%) Bitbucket
6 7 (1.38%) GitLab
6 7 (1.38%) JUnit
6 7 (1.38%) Maven
7 6 (1.19%) Sonatype Nexus
7 6 (1.19%) TeamCity
8 4 (0.79%) Artifactory
8 4 (0.79%) Cypress.io
8 4 (0.79%) Jasmine
8 4 (0.79%) Protractor
8 4 (0.79%) SonarQube
9 3 (0.59%) Karma Test Runner
9 3 (0.59%) Subversion
10 2 (0.40%) Oracle APEX
10 2 (0.40%) Visual Studio
General
1 325 (64.23%) Finance
2 110 (21.74%) Investment Banking
3 84 (16.60%) Social Skills
4 63 (12.45%) Front Office
5 57 (11.26%) Analytical Skills
6 34 (6.72%) Financial Institution
7 24 (4.74%) Advertising
7 24 (4.74%) Presentation Skills
8 23 (4.55%) International Banking
8 23 (4.55%) Legal
9 21 (4.15%) Inclusion and Diversity
10 19 (3.75%) Marketing
11 18 (3.56%) Retail
12 9 (1.78%) Law
13 8 (1.58%) Organisational Skills
13 8 (1.58%) Telecoms
14 7 (1.38%) Retail Banking
15 5 (0.99%) Back Office
15 5 (0.99%) Brand Awareness
15 5 (0.99%) Influencing Skills
Job Titles
1 141 (27.87%) Developer
2 79 (15.61%) Java Developer
3 78 (15.42%) Analyst
4 30 (5.93%) Business Analyst
5 29 (5.73%) Architect
5 29 (5.73%) Java Engineer
6 28 (5.53%) Banking Analyst
7 24 (4.74%) Risk Manager
8 20 (3.95%) Scala Engineer
9 18 (3.56%) Solutions Architect
10 17 (3.36%) Business Intelligence Developer
11 16 (3.16%) Analyst Developer
11 16 (3.16%) Business Intelligence Analyst
11 16 (3.16%) Senior Developer
11 16 (3.16%) SQL Developer
12 15 (2.96%) Desktop Support
12 15 (2.96%) Senior Architect
12 15 (2.96%) Technical Leader
13 14 (2.77%) Senior Solutions Architect
14 13 (2.57%) Front Office Developer
Libraries, Frameworks & Software Standards
1 65 (12.85%) Spring
2 59 (11.66%) Spring Boot
3 39 (7.71%) Kafka
4 28 (5.53%) RESTful
5 26 (5.14%) React
6 20 (3.95%) gRPC
7 19 (3.75%) XML
8 14 (2.77%) Web Services
9 13 (2.57%) .NET
10 10 (1.98%) CSS
10 10 (1.98%) HTML
10 10 (1.98%) REST
11 9 (1.78%) FIX Protocol
12 7 (1.38%) AngularJS
12 7 (1.38%) Node.js
13 6 (1.19%) HTML5
13 6 (1.19%) Swagger
14 5 (0.99%) JSON
14 5 (0.99%) Lambda Expressions
15 4 (0.79%) GraphQL
Miscellaneous
1 40 (7.91%) Fixed Income
2 33 (6.52%) Foreign Exchange (FX)
3 21 (4.15%) Greenfield Project
4 20 (3.95%) Cloud Native
5 18 (3.56%) Derivative
5 18 (3.56%) Hedge funds
6 17 (3.36%) Analytical Mindset
7 16 (3.16%) SWIFT
8 12 (2.37%) Data Centre
8 12 (2.37%) Enterprise Software
8 12 (2.37%) Legacy Systems
8 12 (2.37%) Mainframe
9 11 (2.17%) Credit Risk
9 11 (2.17%) Equities
10 10 (1.98%) User Experience
11 9 (1.78%) Public Cloud
11 9 (1.78%) Self-Motivation
12 8 (1.58%) Blackberry
13 7 (1.38%) Blockchain
13 7 (1.38%) Management Information System
Operating Systems
1 56 (11.07%) Windows
2 43 (8.50%) Linux
3 18 (3.56%) Unix
4 14 (2.77%) Windows 10
5 12 (2.37%) Mac OS
6 8 (1.58%) Windows 7
7 5 (0.99%) Windows Server
8 3 (0.59%) Android
8 3 (0.59%) Apple iOS
9 2 (0.40%) Red Hat Enterprise Linux
9 2 (0.40%) Windows Server 2012
10 1 (0.20%) Solaris
10 1 (0.20%) Ubuntu
10 1 (0.20%) Windows Server 2008
10 1 (0.20%) Windows Server 2016
10 1 (0.20%) Windows Server 2019
Processes & Methodologies
1 161 (31.82%) Agile
2 101 (19.96%) Microservices
3 99 (19.57%) Stakeholder Management
4 81 (16.01%) DevOps
4 81 (16.01%) Risk Management
5 64 (12.65%) Fintech
6 56 (11.07%) CI/CD
7 54 (10.67%) Business Analysis
8 51 (10.08%) Attestation
9 50 (9.88%) Scrum
10 49 (9.68%) Data Modelling
11 48 (9.49%) Test Assurance
12 46 (9.09%) Problem-Solving
13 40 (7.91%) Project Management
14 37 (7.31%) Test Automation
15 35 (6.92%) Business Intelligence
15 35 (6.92%) Change Management
15 35 (6.92%) Continuous Integration
16 34 (6.72%) Electronic Trading
17 32 (6.32%) TDD
Programming Languages
1 166 (32.81%) Java
2 101 (19.96%) SQL
3 71 (14.03%) Python
4 31 (6.13%) Scala
5 30 (5.93%) Kotlin
6 27 (5.34%) C++
6 27 (5.34%) JavaScript
7 23 (4.55%) C#
8 20 (3.95%) C
9 15 (2.96%) T-SQL
10 13 (2.57%) Bash
11 12 (2.37%) PowerShell
12 11 (2.17%) Rust
13 10 (1.98%) Go
14 8 (1.58%) Shell Script
15 5 (0.99%) Perl
16 4 (0.79%) PL/SQL
16 4 (0.79%) TypeScript
17 3 (0.59%) Ruby
17 3 (0.59%) VBA
Qualifications
1 59 (11.66%) Degree
2 16 (3.16%) TOGAF Certification
3 12 (2.37%) Master's Degree
4 6 (1.19%) CISSP
5 4 (0.79%) Computer Science Degree
5 4 (0.79%) ITIL Certification
6 3 (0.59%) Cisco Certification
7 2 (0.40%) CCNA
7 2 (0.40%) CCNP
7 2 (0.40%) PhD
7 2 (0.40%) PMI Certification
7 2 (0.40%) PMP
7 2 (0.40%) PRINCE2 Certification
8 1 (0.20%) CCIE
8 1 (0.20%) CISA
8 1 (0.20%) ISEB
8 1 (0.20%) ISTQB
8 1 (0.20%) JNCIP
8 1 (0.20%) Numerate Degree
8 1 (0.20%) SANS
Quality Assurance & Compliance
1 14 (2.77%) GDPR
2 10 (1.98%) Data Quality
3 9 (1.78%) MiFID
4 7 (1.38%) NIST
4 7 (1.38%) SLA
5 6 (1.19%) GRC
5 6 (1.19%) PMO
6 4 (0.79%) QA
7 3 (0.59%) Accessibility
7 3 (0.59%) COBIT
7 3 (0.59%) EMIR
7 3 (0.59%) ISAE 3402
7 3 (0.59%) ISO/IEC 27001
7 3 (0.59%) Sarbanes-Oxley
8 2 (0.40%) IFRS
8 2 (0.40%) WCAG
9 1 (0.20%) Actionable Recommendations
9 1 (0.20%) Dodd-Frank
9 1 (0.20%) IFRS 9
9 1 (0.20%) PSD2
System Software
1 62 (12.25%) Docker
2 16 (3.16%) Active Directory
3 6 (1.19%) VMware Infrastructure
4 2 (0.40%) VMware ESXi
5 1 (0.20%) LXC
5 1 (0.20%) Oracle RAC
5 1 (0.20%) Virtual Servers
5 1 (0.20%) zsh
Systems Management
1 57 (11.26%) Kubernetes
2 19 (3.75%) Terraform
3 11 (2.17%) Ansible
4 4 (0.79%) Jamf Pro
4 4 (0.79%) SCCM
5 2 (0.40%) Microsoft Intune
5 2 (0.40%) NetBackup
5 2 (0.40%) vMotion
5 2 (0.40%) vRealize
6 1 (0.20%) AirWatch
6 1 (0.20%) Grafana
6 1 (0.20%) HP Fortify
6 1 (0.20%) ITRS Geneos
6 1 (0.20%) Opscode Chef
6 1 (0.20%) Packer
6 1 (0.20%) Prometheus
6 1 (0.20%) Puppet
6 1 (0.20%) Rancher
6 1 (0.20%) Rundeck
6 1 (0.20%) Single Sign-On
Vendors
1 53 (10.47%) Apple
2 49 (9.68%) Microsoft
3 40 (7.91%) Oracle
4 14 (2.77%) Bloomberg
4 14 (2.77%) Cisco
5 13 (2.57%) DocuSign
6 12 (2.37%) Google
7 10 (1.98%) HP
7 10 (1.98%) ServiceNow
8 9 (1.78%) Atlassian
9 8 (1.58%) Lotus
10 7 (1.38%) Red Hat
11 6 (1.19%) IBM
11 6 (1.19%) Reuters
11 6 (1.19%) VMware
12 5 (0.99%) Splunk
13 4 (0.79%) Charles River
13 4 (0.79%) Cognizant
13 4 (0.79%) Databricks
13 4 (0.79%) Temenos