Period
to 14 May 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 14 May 2021 with a comparison to the same period over the previous 2 years.

Banking
Central London > City of London
6 months to
14 May 2021
Same period 2020 Same period 2019
Rank 23 27 27
Rank change year-on-year +4 0 -11
Permanent jobs citing Banking 493 567 842
As % of all permanent jobs advertised in the City of London 9.83% 7.73% 8.39%
As % of the General category 16.33% 12.66% 13.11%
Number of salaries quoted 448 493 780
10th Percentile £55,875 £48,750 £37,500
25th Percentile £70,000 £63,750 £52,500
Median annual salary (50th Percentile) £81,250 £75,000 £70,000
Median % change year-on-year +8.33% +7.14% -6.67%
75th Percentile £97,500 £96,250 £87,500
90th Percentile £117,500 £113,750 £100,000
Central London median annual salary £80,000 £75,000 £70,000
% change year-on-year +6.67% +7.14% -3.45%

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 3,019 4,479 6,423
As % of all permanent IT jobs advertised in the City of London 60.21% 61.03% 63.99%
Number of salaries quoted 2,627 3,909 5,679
10th Percentile £42,500 £37,500 £35,000
25th Percentile £53,750 £50,000 £48,750
Median annual salary (50th Percentile) £72,500 £67,500 £65,000
Median % change year-on-year +7.41% +3.85% +8.33%
75th Percentile £90,000 £86,250 £82,500
90th Percentile £108,750 £105,000 £96,250
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 14 May 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 14 May 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 +9 1 £77,500 +93.75%
Banking
Central London

For the 6 months to 14 May 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.

1 271 (54.97%) Finance
2 194 (39.35%) Agile Software Development
3 168 (34.08%) Java
4 129 (26.17%) AWS
5 116 (23.53%) Fintech
6 111 (22.52%) SQL
7 104 (21.10%) DevOps
8 99 (20.08%) Microservices
9 93 (18.86%) Azure
10 73 (14.81%) Front Office
11 71 (14.40%) Investment Banking
11 71 (14.40%) Social Skills
12 69 (14.00%) Microsoft
13 68 (13.79%) Kubernetes
14 63 (12.78%) OO
15 61 (12.37%) Python
15 61 (12.37%) Kafka
16 57 (11.56%) Private Banking
17 56 (11.36%) Docker
18 55 (11.16%) Degree
19 54 (10.95%) CRM
19 54 (10.95%) .NET
20 52 (10.55%) JavaScript
20 52 (10.55%) Linux
21 50 (10.14%) TDD
22 49 (9.94%) Digital Transformation Programme
22 49 (9.94%) Power Platform
23 48 (9.74%) Electronic Trading
24 46 (9.33%) Greenfield Project
25 43 (8.72%) GCP

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 (4.87%) Apache Spark
2 22 (4.46%) SharePoint
3 8 (1.62%) Apache
4 4 (0.81%) Red Hat Fuse
5 3 (0.61%) Elasticsearch
5 3 (0.61%) SAS
6 2 (0.41%) Cloud Foundry
6 2 (0.41%) IIS
6 2 (0.41%) WebSphere
7 1 (0.20%) Appian
7 1 (0.20%) Confluence
Applications
1 18 (3.65%) Microsoft Excel
2 16 (3.25%) Spreadsheet
3 7 (1.42%) Microsoft Office
4 4 (0.81%) Microsoft PowerPoint
5 2 (0.41%) MS Visio
Business Applications
1 43 (8.72%) Dynamics CRM
2 4 (0.81%) SAP ERP
2 4 (0.81%) Temenos T24
3 3 (0.61%) Bloomberg AIM
3 3 (0.61%) thinkFolio
4 1 (0.20%) IntelliMatch
4 1 (0.20%) Sentinel
4 1 (0.20%) SunGard Martini
4 1 (0.20%) Temenos Globus
Cloud Services
1 129 (26.17%) AWS
2 93 (18.86%) Azure
3 49 (9.94%) Power Platform
4 43 (8.72%) GCP
5 29 (5.88%) Dynamics 365
5 29 (5.88%) PowerApps
6 18 (3.65%) Cloud Computing
7 13 (2.64%) PaaS
8 12 (2.43%) SaaS
9 8 (1.62%) AWS CloudFormation
10 5 (1.01%) IaaS
10 5 (1.01%) Microsoft 365
11 4 (0.81%) Azure Active Directory
12 3 (0.61%) Apple Pay
12 3 (0.61%) Google Pay
13 2 (0.41%) Amazon ECS
13 2 (0.41%) CloudBees
13 2 (0.41%) GitHub
13 2 (0.41%) Salesforce Sales Cloud
13 2 (0.41%) Serverless
Communications & Networking
1 18 (3.65%) TCP/IP
2 16 (3.25%) Network Security
3 8 (1.62%) VSAN
4 7 (1.42%) DNS
5 6 (1.22%) Firewall
6 5 (1.01%) DHCP
6 5 (1.01%) DMZ
6 5 (1.01%) NetScaler
7 4 (0.81%) LAN
7 4 (0.81%) Unified Communications
7 4 (0.81%) VPN
7 4 (0.81%) WAN
8 3 (0.61%) F5 BIG-IP LTM
8 3 (0.61%) VoIP
9 2 (0.41%) Extranet
9 2 (0.41%) F5 BIG-IP GTM
9 2 (0.41%) FTP
9 2 (0.41%) H.323
9 2 (0.41%) MGCP
9 2 (0.41%) NX-OS
Database & Business Intelligence
1 37 (7.51%) SQL Server Integration Services
2 36 (7.30%) SQL Server Reporting Services
3 25 (5.07%) Big Data
4 20 (4.06%) Power BI
5 18 (3.65%) SQL Server
6 17 (3.45%) Hadoop
7 13 (2.64%) Data Warehouse
7 13 (2.64%) PostgreSQL
8 11 (2.23%) MySQL
9 8 (1.62%) Relational Database
10 7 (1.42%) SQL Server Analysis Services
11 6 (1.22%) Oracle Database
12 5 (1.01%) Amazon Aurora
12 5 (1.01%) Apache Hive
12 5 (1.01%) MongoDB
13 4 (0.81%) Data Lake
13 4 (0.81%) Datomic
13 4 (0.81%) NoSQL
13 4 (0.81%) RDBMS
13 4 (0.81%) Tableau
Development Applications
1 40 (8.11%) Jenkins
2 29 (5.88%) Visual Studio
3 23 (4.67%) Git (software)
4 14 (2.84%) JIRA
5 12 (2.43%) webpack
6 9 (1.83%) Bitbucket
7 7 (1.42%) TeamCity
8 5 (1.01%) Atlassian Bamboo
8 5 (1.01%) Babel
9 4 (0.81%) GitLab
10 3 (0.61%) JUnit
10 3 (0.61%) Maven
10 3 (0.61%) Mockito
10 3 (0.61%) Selenium
10 3 (0.61%) SonarQube
10 3 (0.61%) Subversion
10 3 (0.61%) Travis CI
10 3 (0.61%) WebDriver
11 2 (0.41%) Cucumber
11 2 (0.41%) Robot Framework
General
1 271 (54.97%) Finance
2 73 (14.81%) Front Office
3 71 (14.40%) Investment Banking
3 71 (14.40%) Social Skills
4 57 (11.56%) Private Banking
5 38 (7.71%) Analytical Skills
6 23 (4.67%) Retail Banking
7 16 (3.25%) Back Office
8 15 (3.04%) Advertising
9 12 (2.43%) Organisational Skills
9 12 (2.43%) Retail
10 8 (1.62%) Financial Institution
11 6 (1.22%) International Banking
11 6 (1.22%) Presentation Skills
11 6 (1.22%) Wholesale Banking
12 5 (1.01%) Billing
13 3 (0.61%) Influencing Skills
13 3 (0.61%) Marketing
14 2 (0.41%) Law
14 2 (0.41%) Telecoms
Job Titles
1 139 (28.19%) Developer
2 80 (16.23%) Java Developer
3 51 (10.34%) Analyst
4 39 (7.91%) Business Analyst
5 37 (7.51%) Technical Leader
6 36 (7.30%) Java Developer - Fintech
7 35 (7.10%) Consultant
8 31 (6.29%) Senior Developer
9 30 (6.09%) Java Engineer
10 29 (5.88%) Technical Consultant
11 25 (5.07%) Architect
12 24 (4.87%) Software Engineer
13 23 (4.67%) DevOps Engineer
14 22 (4.46%) Senior Java Developer
15 21 (4.26%) Electronic Trading Developer
16 20 (4.06%) Electronic Trading Java Developer
17 19 (3.85%) Project Manager
18 18 (3.65%) Java Pricing Developer
18 18 (3.65%) Pricing Developer
18 18 (3.65%) Senior DevOps
Libraries, Frameworks & Software Standards
1 61 (12.37%) Kafka
2 54 (10.95%) .NET
3 38 (7.71%) ASP.NET
4 36 (7.30%) Spring Boot
5 35 (7.10%) HTML
5 35 (7.10%) Spring
6 34 (6.90%) WCF
7 32 (6.49%) CSS
8 31 (6.29%) XML
9 29 (5.88%) XSD
10 20 (4.06%) Redux
11 18 (3.65%) FIX Protocol
11 18 (3.65%) JSON
12 15 (3.04%) RESTful
13 14 (2.84%) REST
14 12 (2.43%) Sass
15 11 (2.23%) Middleware
16 10 (2.03%) WPF
17 9 (1.83%) RabbitMQ
18 7 (1.42%) Hibernate
Miscellaneous
1 46 (9.33%) Greenfield Project
2 40 (8.11%) Fixed Income
3 36 (7.30%) Foreign Exchange (FX)
4 26 (5.27%) Derivative
5 19 (3.85%) Data Centre
6 16 (3.25%) Enterprise Software
6 16 (3.25%) Equities
7 13 (2.64%) Credit Risk
8 12 (2.43%) Hedge funds
9 10 (2.03%) Management Information System
10 8 (1.62%) Algorithms
10 8 (1.62%) Client/Server
10 8 (1.62%) EMC VNXe
10 8 (1.62%) Enterprise Storage
10 8 (1.62%) FlexPod
10 8 (1.62%) Market Risk
10 8 (1.62%) Public Cloud
10 8 (1.62%) User Experience
10 8 (1.62%) VxBlock/Vblock
11 7 (1.42%) Clustering
Operating Systems
1 52 (10.55%) Linux
2 32 (6.49%) Unix
3 27 (5.48%) Windows
4 8 (1.62%) Red Hat Enterprise Linux
4 8 (1.62%) Windows 10
4 8 (1.62%) Windows 7
4 8 (1.62%) Windows Server 2008
4 8 (1.62%) Windows Server 2012
4 8 (1.62%) Windows Server 2016
5 2 (0.41%) Windows Server
5 2 (0.41%) zOS
6 1 (0.20%) Android
6 1 (0.20%) Apple iOS
6 1 (0.20%) CentOS
6 1 (0.20%) Mac OS
6 1 (0.20%) Ubuntu
Processes & Methodologies
1 194 (39.35%) Agile Software Development
2 116 (23.53%) Fintech
3 104 (21.10%) DevOps
4 99 (20.08%) Microservices
5 63 (12.78%) OO
6 54 (10.95%) CRM
7 50 (10.14%) TDD
8 49 (9.94%) Digital Transformation Programme
9 48 (9.74%) Electronic Trading
10 39 (7.91%) Stakeholder Management
11 38 (7.71%) Project Management
11 38 (7.71%) Software Engineering
12 37 (7.51%) Asset Management
13 36 (7.30%) Migration
14 34 (6.90%) Problem-Solving
14 34 (6.90%) Web Development
15 32 (6.49%) Business Analysis
16 31 (6.29%) Risk Management
17 30 (6.09%) OOD
17 30 (6.09%) Scrum
Programming Languages
1 168 (34.08%) Java
2 111 (22.52%) SQL
3 61 (12.37%) Python
4 52 (10.55%) JavaScript
5 33 (6.69%) Java 8
6 30 (6.09%) C#
7 17 (3.45%) PowerShell
8 11 (2.23%) Bash Shell
8 11 (2.23%) Kotlin
9 9 (1.83%) Scala
9 9 (1.83%) T-SQL
10 7 (1.42%) Perl
11 4 (0.81%) C++
11 4 (0.81%) Clojure
11 4 (0.81%) Go
11 4 (0.81%) R
11 4 (0.81%) VBA
12 3 (0.61%) PHP
12 3 (0.61%) Ruby
12 3 (0.61%) Shell Script
Qualifications
1 55 (11.16%) Degree
2 16 (3.25%) CISSP
3 11 (2.23%) CISA
4 8 (1.62%) CISM
5 5 (1.01%) CRISC
5 5 (1.01%) PMI Certification
6 3 (0.61%) PRINCE2 Certification
7 2 (0.41%) CCIE
7 2 (0.41%) CCNP
7 2 (0.41%) Cisco Certification
7 2 (0.41%) Computer Science Degree
Quality Assurance & Compliance
1 24 (4.87%) QA
2 11 (2.23%) GDPR
3 6 (1.22%) COBIT
3 6 (1.22%) ISO/IEC 27001
4 5 (1.01%) MiFID
4 5 (1.01%) PMO
5 4 (0.81%) EMIR
5 4 (0.81%) NIST
6 2 (0.41%) GRC
6 2 (0.41%) PCI DSS
6 2 (0.41%) SEPA
7 1 (0.20%) Data Quality
System Software
1 56 (11.36%) Docker
2 10 (2.03%) VMware Infrastructure
3 8 (1.62%) VMware ESXi
4 5 (1.01%) Active Directory
4 5 (1.01%) XenDesktop
5 3 (0.61%) OpenAM
5 3 (0.61%) OpenDJ
6 2 (0.41%) RACF
6 2 (0.41%) Time Sharing Option
7 1 (0.20%) Virtual Machines
7 1 (0.20%) VMware NSX
Systems Management
1 68 (13.79%) Kubernetes
2 39 (7.91%) Terraform
3 26 (5.27%) Ansible
4 9 (1.83%) Puppet
5 8 (1.62%) vCenter Server
6 4 (0.81%) ITRS Geneos
6 4 (0.81%) Opscode Chef
7 3 (0.61%) Cisco CUCM
7 3 (0.61%) Docker Swarm
7 3 (0.61%) FortiGate
7 3 (0.61%) Rancher
8 2 (0.41%) Cisco Prime
8 2 (0.41%) Control-M
8 2 (0.41%) Grafana
8 2 (0.41%) Packer
8 2 (0.41%) Prometheus
8 2 (0.41%) Tivoli NetView
8 2 (0.41%) zSecure
9 1 (0.20%) AirWatch
9 1 (0.20%) QRadar
Vendors
1 69 (14.00%) Microsoft
2 22 (4.46%) VMware
3 20 (4.06%) Cisco
4 14 (2.84%) Oracle
5 12 (2.43%) Google
6 11 (2.23%) IBM
7 8 (1.62%) Bloomberg
7 8 (1.62%) Dell
7 8 (1.62%) EMC
7 8 (1.62%) HP
7 8 (1.62%) Isilon
7 8 (1.62%) NetApp
8 7 (1.42%) Citrix
8 7 (1.42%) Fidessa
8 7 (1.42%) SAP
9 6 (1.22%) Red Hat
10 5 (1.01%) GoldenSource
10 5 (1.01%) Ivanti
10 5 (1.01%) SolarWinds
11 4 (0.81%) PeopleSoft