Period
to 27 January 2022

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 27 January 2022 with a comparison to the same period over the previous 2 years.

Banking
Central London > City of London
6 months to
27 Jan 2022
Same period 2021 Same period 2020
Rank 34 24 28
Rank change year-on-year -10 +4 -3
Permanent jobs citing Banking 429 432 726
As % of all permanent jobs advertised in the City of London 6.83% 9.96% 7.99%
As % of the General category 11.35% 16.19% 13.03%
Number of salaries quoted 405 408 621
10th Percentile £52,500 £57,500 £48,750
25th Percentile £60,000 £70,000 £60,000
Median annual salary (50th Percentile) £75,000 £80,000 £75,000
Median % change year-on-year -6.25% +6.67% +7.14%
75th Percentile £103,750 £95,000 £86,250
90th Percentile £120,000 £111,250 £105,000
Central London median annual salary £75,000 £80,000 £75,000
% change year-on-year -6.25% +6.67% +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 3,780 2,669 5,570
As % of all permanent IT jobs advertised in the City of London 60.18% 61.51% 61.29%
Number of salaries quoted 3,252 2,346 4,780
10th Percentile £42,500 £43,750 £36,250
25th Percentile £55,000 £53,750 £48,447
Median annual salary (50th Percentile) £72,500 £72,500 £65,000
Median % change year-on-year - +11.54% -
75th Percentile £91,250 £88,750 £82,500
90th Percentile £110,000 £105,000 £100,000
Central London median annual salary £70,000 £70,000 £65,000
% change year-on-year - +7.69% +4.00%

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 27 January 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 27 January 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 - 4 £73,750 -
Moorgate - 1 £47,500 -
Banking
Central London

For the 6 months to 27 January 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.

1 228 (53.15%) Finance
2 139 (32.40%) Agile Software Development
3 129 (30.07%) Java
4 114 (26.57%) Investment Banking
5 94 (21.91%) SQL
6 85 (19.81%) Python
7 81 (18.88%) Front Office
8 71 (16.55%) Fintech
9 70 (16.32%) Microservices
10 69 (16.08%) Microsoft
11 68 (15.85%) DevOps
12 66 (15.38%) Degree
13 63 (14.69%) C#
13 63 (14.69%) AWS
14 59 (13.75%) Social Skills
15 57 (13.29%) Windows
16 56 (13.05%) Azure
16 56 (13.05%) Asset Management
17 53 (12.35%) Kubernetes
18 51 (11.89%) Docker
18 51 (11.89%) CI/CD
19 48 (11.19%) Fixed Income
20 46 (10.72%) SQL Server
21 43 (10.02%) React
22 42 (9.79%) JavaScript
22 42 (9.79%) Scrum
23 41 (9.56%) Analytics
24 37 (8.62%) Equities
24 37 (8.62%) Linux
25 34 (7.93%) Derivative

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 (4.20%) Confluence
2 7 (1.63%) SAS
3 6 (1.40%) IBM HTTP Server
3 6 (1.40%) SharePoint
4 5 (1.17%) MS Exchange
5 4 (0.93%) Blackberry Enterprise Server
5 4 (0.93%) Skype for Business
6 2 (0.47%) Apache
6 2 (0.47%) Appian
6 2 (0.47%) IIS
6 2 (0.47%) Red Hat Fuse
6 2 (0.47%) SharePoint 2010
6 2 (0.47%) SharePoint 2013
6 2 (0.47%) Tomcat
6 2 (0.47%) WordPress
7 1 (0.23%) Cloud Foundry
7 1 (0.23%) IBM Notes
7 1 (0.23%) JBoss
7 1 (0.23%) nginx
7 1 (0.23%) WebSphere
Applications
1 23 (5.36%) Microsoft Excel
2 21 (4.90%) Microsoft Office
3 10 (2.33%) Spreadsheet
4 4 (0.93%) Microsoft PowerPoint
5 2 (0.47%) MS Visio
6 1 (0.23%) Adobe Illustrator
6 1 (0.23%) InDesign
6 1 (0.23%) InVision
6 1 (0.23%) Photoshop
6 1 (0.23%) Sketch
Business Applications
1 4 (0.93%) Temenos T24
2 2 (0.47%) Oracle Assets
2 2 (0.47%) Oracle Payables
2 2 (0.47%) Oracle Procure-to-Pay
2 2 (0.47%) Oracle Receivables
2 2 (0.47%) Summit
2 2 (0.47%) Temenos Globus
3 1 (0.23%) Actimize
3 1 (0.23%) Bloomberg TOMS
3 1 (0.23%) Oracle Applications
3 1 (0.23%) SAP BPC
Cloud Services
1 63 (14.69%) AWS
2 56 (13.05%) Azure
3 30 (6.99%) GCP
4 16 (3.73%) Cloud Computing
5 12 (2.80%) SaaS
6 9 (2.10%) Amazon S3
6 9 (2.10%) Power Platform
7 8 (1.86%) AWS CloudFormation
8 7 (1.63%) Microsoft 365
9 6 (1.40%) Amazon Kinesis
9 6 (1.40%) AWS Lambda
9 6 (1.40%) Serverless
10 5 (1.17%) dbt
10 5 (1.17%) Fivetran
10 5 (1.17%) PaaS
10 5 (1.17%) Snowflake
11 4 (0.93%) Amazon EC2
11 4 (0.93%) Amazon EMR
11 4 (0.93%) IaaS
11 4 (0.93%) Virtual Private Cloud
Communications & Networking
1 20 (4.66%) TCP/IP
2 15 (3.50%) DNS
2 15 (3.50%) Internet
2 15 (3.50%) Wireless
3 14 (3.26%) Cisco IOS
3 14 (3.26%) WAN
4 12 (2.80%) Firewall
5 8 (1.86%) DHCP
6 6 (1.40%) VPN
7 5 (1.17%) Unified Communications
8 4 (0.93%) ICMP
8 4 (0.93%) Skype
9 3 (0.70%) HTTP
9 3 (0.70%) Network Security
10 2 (0.47%) Cisco ASA
10 2 (0.47%) FTP
10 2 (0.47%) LAN
10 2 (0.47%) SSH
10 2 (0.47%) WebEx
11 1 (0.23%) VoIP
Database & Business Intelligence
1 46 (10.72%) SQL Server
2 18 (4.20%) MySQL
3 16 (3.73%) Data Warehouse
4 11 (2.56%) Amazon Redshift
4 11 (2.56%) SQL Server 2008
4 11 (2.56%) SQL Server Integration Services
5 10 (2.33%) Oracle Database
5 10 (2.33%) SQL Server Analysis Services
5 10 (2.33%) SQL Server Reporting Services
6 9 (2.10%) PostgreSQL
6 9 (2.10%) Tableau
7 8 (1.86%) Power BI
8 5 (1.17%) Data Mining
8 5 (1.17%) DB2
8 5 (1.17%) Looker
8 5 (1.17%) OLAP
8 5 (1.17%) RDBMS
8 5 (1.17%) Relational Database
9 4 (0.93%) NoSQL
9 4 (0.93%) Redis
Development Applications
1 29 (6.76%) JIRA
2 19 (4.43%) Git (software)
3 11 (2.56%) Jenkins
4 9 (2.10%) TeamCity
5 8 (1.86%) Bitbucket
5 8 (1.86%) Subversion
6 5 (1.17%) Atlassian Bamboo
7 4 (0.93%) GitLab
7 4 (0.93%) Visual Studio
8 3 (0.70%) Artifactory
8 3 (0.70%) Maven
8 3 (0.70%) Selenium
9 2 (0.47%) Gradle
9 2 (0.47%) MSBuild
9 2 (0.47%) SonarQube
9 2 (0.47%) Team Foundation Server
9 2 (0.47%) Visual Studio Team System
9 2 (0.47%) WebDriver
10 1 (0.23%) Burp Suite
10 1 (0.23%) webpack
General
1 228 (53.15%) Finance
2 114 (26.57%) Investment Banking
3 81 (18.88%) Front Office
4 59 (13.75%) Social Skills
5 31 (7.23%) Financial Institution
6 30 (6.99%) Analytical Skills
7 27 (6.29%) Advertising
8 21 (4.90%) Corporate Banking
8 21 (4.90%) Retail Banking
9 15 (3.50%) International Banking
10 14 (3.26%) Back Office
11 12 (2.80%) Inclusion and Diversity
11 12 (2.80%) Legal
12 10 (2.33%) Law
13 8 (1.86%) Retail
14 7 (1.63%) Influencing Skills
15 5 (1.17%) Marketing
16 4 (0.93%) Documentation Skills
16 4 (0.93%) Organisational Skills
16 4 (0.93%) Presentation Skills
Job Titles
1 138 (32.17%) Developer
2 71 (16.55%) Java Developer
3 65 (15.15%) Analyst
4 30 (6.99%) Senior Developer
5 24 (5.59%) Business Analyst
6 21 (4.90%) Data Engineer
7 20 (4.66%) Desktop Support
8 19 (4.43%) Project Manager
9 17 (3.96%) Banking Analyst
9 17 (3.96%) Front Office Developer
9 17 (3.96%) SQL Developer
10 16 (3.73%) Investment Banking Java Developer
10 16 (3.73%) Java Engineer
10 16 (3.73%) Lead Developer
11 15 (3.50%) Architect
11 15 (3.50%) DevOps Engineer
11 15 (3.50%) Technical Leader
12 13 (3.03%) Desktop Support Technician
12 13 (3.03%) Infrastructure Manager
12 13 (3.03%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 43 (10.02%) React
2 32 (7.46%) Spring
3 29 (6.76%) .NET
4 28 (6.53%) REST
5 27 (6.29%) Spring Boot
6 20 (4.66%) FIX Protocol
6 20 (4.66%) RESTful
7 19 (4.43%) AngularJS
8 18 (4.20%) Web Services
9 16 (3.73%) SOAP
10 15 (3.50%) ASP.NET
10 15 (3.50%) Kafka
11 14 (3.26%) Node.js
12 13 (3.03%) HTML
13 11 (2.56%) jQuery
14 10 (2.33%) gRPC
14 10 (2.33%) LINQ
14 10 (2.33%) Vue.js
14 10 (2.33%) WCF
14 10 (2.33%) WinForms
Miscellaneous
1 48 (11.19%) Fixed Income
2 37 (8.62%) Equities
3 34 (7.93%) Derivative
4 32 (7.46%) Foreign Exchange (FX)
5 20 (4.66%) Blackberry
6 18 (4.20%) Hedge funds
7 17 (3.96%) Credit Risk
8 14 (3.26%) Cloud Native
8 14 (3.26%) Video Conferencing
9 13 (3.03%) iPad
9 13 (3.03%) iPhone
10 11 (2.56%) Analytical Mindset
10 11 (2.56%) Legacy Systems
11 10 (2.33%) Algorithms
11 10 (2.33%) Data Structures
12 8 (1.86%) Market Risk
13 6 (1.40%) Clustering
13 6 (1.40%) Exotic Derivative
13 6 (1.40%) Management Information System
13 6 (1.40%) Replication
Operating Systems
1 57 (13.29%) Windows
2 37 (8.62%) Linux
3 26 (6.06%) Unix
4 18 (4.20%) Windows Server
5 17 (3.96%) Windows 7
6 15 (3.50%) Android
7 13 (3.03%) Mac OS X
7 13 (3.03%) Windows 8
8 11 (2.56%) Windows 10
9 2 (0.47%) CentOS
9 2 (0.47%) Red Hat Enterprise Linux
9 2 (0.47%) Solaris
9 2 (0.47%) Ubuntu
9 2 (0.47%) Windows Server 2012
9 2 (0.47%) Windows XP
10 1 (0.23%) Apple iOS
10 1 (0.23%) Mac OS
10 1 (0.23%) SUSE
Processes & Methodologies
1 139 (32.40%) Agile Software Development
2 71 (16.55%) Fintech
3 70 (16.32%) Microservices
4 68 (15.85%) DevOps
5 56 (13.05%) Asset Management
6 51 (11.89%) CI/CD
7 42 (9.79%) Scrum
8 41 (9.56%) Analytics
9 33 (7.69%) Risk Management
10 32 (7.46%) Project Management
11 30 (6.99%) Business Analysis
12 29 (6.76%) Stakeholder Management
13 27 (6.29%) Continuous Improvement
13 27 (6.29%) Data Modelling
13 27 (6.29%) Migration
13 27 (6.29%) Problem-Solving
14 24 (5.59%) Process Improvement
15 22 (5.13%) Electronic Trading
15 22 (5.13%) ITIL
15 22 (5.13%) TDD
Programming Languages
1 129 (30.07%) Java
2 94 (21.91%) SQL
3 85 (19.81%) Python
4 63 (14.69%) C#
5 42 (9.79%) JavaScript
6 30 (6.99%) C++
7 22 (5.13%) C
8 16 (3.73%) Scala
9 15 (3.50%) Go
9 15 (3.50%) Java 8
10 14 (3.26%) Bash
10 14 (3.26%) PowerShell
11 12 (2.80%) Rust
11 12 (2.80%) Shell Script
11 12 (2.80%) VB
12 11 (2.56%) Kotlin
12 11 (2.56%) R
13 10 (2.33%) TypeScript
14 7 (1.63%) MATLAB
14 7 (1.63%) T-SQL
Qualifications
1 66 (15.38%) Degree
2 20 (4.66%) Master's Degree
3 14 (3.26%) Computer Science Degree
4 7 (1.63%) PhD
5 5 (1.17%) AWS Certification
5 5 (1.17%) Microsoft Certification
6 4 (0.93%) CISSP
7 3 (0.70%) ISEB
7 3 (0.70%) OSCP
8 2 (0.47%) CBAP
8 2 (0.47%) CCNA
8 2 (0.47%) CCNP
8 2 (0.47%) CEH
8 2 (0.47%) Cisco Certification
8 2 (0.47%) PMI Certification
9 1 (0.23%) ACCA
9 1 (0.23%) CIMA
9 1 (0.23%) GCIA
9 1 (0.23%) GIAC
9 1 (0.23%) GSEC
Quality Assurance & Compliance
1 20 (4.66%) Data Quality
2 11 (2.56%) GDPR
3 9 (2.10%) MiFID
4 6 (1.40%) Dodd-Frank
4 6 (1.40%) EMIR
5 5 (1.17%) SLA
6 4 (0.93%) PMO
6 4 (0.93%) QA
6 4 (0.93%) Sarbanes-Oxley
7 2 (0.47%) GRC
7 2 (0.47%) PCI DSS
7 2 (0.47%) PSD2
8 1 (0.23%) Actionable Recommendations
8 1 (0.23%) COBIT
8 1 (0.23%) ISO/IEC 27001
8 1 (0.23%) SEPA
System Software
1 51 (11.89%) Docker
2 15 (3.50%) Active Directory
3 12 (2.80%) VMware Infrastructure
4 6 (1.40%) vSphere
5 4 (0.93%) Veritas Cluster Server
6 3 (0.70%) VMware ESXi
7 2 (0.47%) LXC
7 2 (0.47%) Virtual Desktop
8 1 (0.23%) Hyper-V
8 1 (0.23%) XenApp
8 1 (0.23%) XenDesktop
Systems Management
1 53 (12.35%) Kubernetes
2 19 (4.43%) Terraform
3 12 (2.80%) Ansible
4 7 (1.63%) SCCM
5 6 (1.40%) McAfee ePO
5 6 (1.40%) NetBackup
6 5 (1.17%) FortiGate
7 4 (0.93%) OfficeScan
7 4 (0.93%) SCOM
7 4 (0.93%) Trend Micro Deep Security
8 3 (0.70%) Opscode Chef
8 3 (0.70%) Puppet
9 2 (0.47%) Control-M
9 2 (0.47%) Norton AntiVirus
9 2 (0.47%) Perfmon
9 2 (0.47%) Symantec Enterprise Vault
9 2 (0.47%) vCenter Server
9 2 (0.47%) WSUS
10 1 (0.23%) QRadar
10 1 (0.23%) Tivoli
Vendors
1 69 (16.08%) Microsoft
2 28 (6.53%) Cisco
3 18 (4.20%) Oracle
4 15 (3.50%) Apple
5 14 (3.26%) Atlassian
6 13 (3.03%) VMware
7 7 (1.63%) Altiris
8 6 (1.40%) McAfee
9 5 (1.17%) Avaya
9 5 (1.17%) Bloomberg
9 5 (1.17%) Citrix
9 5 (1.17%) Fortinet
9 5 (1.17%) Google
9 5 (1.17%) HP
9 5 (1.17%) SolarWinds
10 4 (0.93%) Huawei
10 4 (0.93%) Murex
10 4 (0.93%) Red Hat
10 4 (0.93%) Veritas
11 3 (0.70%) Pega