Period
to 26 July 2021

The table below looks at the prevalence of the term Investment 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 Investment Banking over the 6 months to 26 July 2021 with a comparison to the same period over the previous 2 years.

Investment Banking
Central London > City of London
6 months to
26 Jul 2021
Same period 2020 Same period 2019
Rank 152 134 237
Rank change year-on-year -18 +103 -77
Permanent jobs citing Investment Banking 95 110 102
As % of all permanent jobs advertised in the City of London 1.70% 2.01% 0.99%
As % of the General category 2.88% 3.30% 1.57%
Number of salaries quoted 76 97 86
10th Percentile £68,125 £64,500 £43,125
25th Percentile £75,000 £69,500 £57,500
Median annual salary (50th Percentile) £91,250 £82,500 £70,000
Median % change year-on-year +10.61% +17.86% -9.68%
75th Percentile £116,250 £105,000 £84,375
90th Percentile £125,000 £107,500 £106,250
Central London median annual salary £87,500 £80,000 £70,000
% change year-on-year +9.38% +14.29% -9.68%

Investment 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 3,304 3,337 6,512
As % of all permanent IT jobs advertised in the City of London 59.02% 60.96% 62.91%
Number of salaries quoted 2,887 2,931 5,740
10th Percentile £42,500 £40,750 £35,500
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 £96,250
Central London median annual salary £70,000 £70,000 £65,000
% change year-on-year - +7.69% +8.33%

Investment Banking
Job Vacancy Trend in the City of London

Job postings citing Investment Banking as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Investment Banking in the City of London

Investment Banking
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Investment Banking in the City of London.

Salary trend for Investment Banking in the City of London

Investment Banking
Salary Histogram in the City of London

Salary distribution for jobs citing Investment Banking in the City of London over the 6 months to 26 July 2021.

Salary histogram for Investment Banking in the City of London

For the 6 months to 26 July 2021, IT jobs citing Investment 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 Investment Banking.

1 95 (100.00%) Banking
2 53 (55.79%) Finance
3 42 (44.21%) SQL
4 41 (43.16%) Front Office
5 40 (42.11%) Agile Software Development
6 39 (41.05%) C#
7 32 (33.68%) Azure
8 30 (31.58%) Java
9 29 (30.53%) .NET
9 29 (30.53%) DevOps
10 27 (28.42%) Equities
11 26 (27.37%) Risk Management
12 25 (26.32%) MVC
12 25 (26.32%) SOLID
13 24 (25.26%) Social Skills
14 23 (24.21%) SDLC
15 22 (23.16%) JIRA
16 20 (21.05%) AWS
16 20 (21.05%) Microservices
16 20 (21.05%) Fixed Income
17 19 (20.00%) Fidessa
18 17 (17.89%) Low Latency
19 16 (16.84%) ASP.NET
19 16 (16.84%) OO
19 16 (16.84%) Python
20 14 (14.74%) VBA
20 14 (14.74%) MVVM
20 14 (14.74%) JSON
20 14 (14.74%) Electronic Trading
21 13 (13.68%) Investment Management

Investment 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 10 (10.53%) IIS
2 2 (2.11%) Elasticsearch
3 1 (1.05%) Confluence
3 1 (1.05%) Oracle Coherence
Applications
1 10 (10.53%) Microsoft Office
Cloud Services
1 32 (33.68%) Azure
2 20 (21.05%) AWS
3 9 (9.47%) SaaS
4 8 (8.42%) Power Platform
5 4 (4.21%) GCP
6 1 (1.05%) Microsoft 365
6 1 (1.05%) OpenShift
6 1 (1.05%) PaaS
6 1 (1.05%) Serverless
Communications & Networking
1 10 (10.53%) FTP
2 1 (1.05%) VPN
Database & Business Intelligence
1 13 (13.68%) SQL Server
2 8 (8.42%) KDB
2 8 (8.42%) Power BI
3 7 (7.37%) Data Warehouse
4 5 (5.26%) Big Data
5 4 (4.21%) Tableau
6 3 (3.16%) Data Lake
6 3 (3.16%) Hazelcast
6 3 (3.16%) Relational Database
7 2 (2.11%) DB2
7 2 (2.11%) MongoDB
7 2 (2.11%) NoSQL
8 1 (1.05%) Apache Ignite
8 1 (1.05%) BusinessObjects
8 1 (1.05%) Infinispan
8 1 (1.05%) MemSQL
8 1 (1.05%) Oracle Database
8 1 (1.05%) Oracle Database 11g
8 1 (1.05%) Oracle Database 12c
Development Applications
1 22 (23.16%) JIRA
2 11 (11.58%) Git (software)
3 2 (2.11%) Cucumber
3 2 (2.11%) Jenkins
3 2 (2.11%) JUnit
3 2 (2.11%) Mockito
General
1 95 (100.00%) Banking
2 53 (55.79%) Finance
3 41 (43.16%) Front Office
4 24 (25.26%) Social Skills
5 8 (8.42%) Back Office
5 8 (8.42%) Financial Institution
6 6 (6.32%) Advertising
7 1 (1.05%) Analytical Skills
7 1 (1.05%) International Banking
7 1 (1.05%) Presentation Skills
7 1 (1.05%) Retail
7 1 (1.05%) Retail Banking
Job Titles
1 49 (51.58%) Developer
2 25 (26.32%) C# Developer
3 19 (20.00%) Senior Developer
4 17 (17.89%) Senior C# Developer
5 14 (14.74%) Analyst
6 13 (13.68%) Java Developer
7 12 (12.63%) Business Analyst
7 12 (12.63%) Senior SQL Developer
7 12 (12.63%) SQL Developer
8 6 (6.32%) .NET Developer
8 6 (6.32%) C# .NET Developer
8 6 (6.32%) FX Business Analyst
8 6 (6.32%) KDB Developer
8 6 (6.32%) Software Engineer
9 5 (5.26%) Electronic Trading Developer
9 5 (5.26%) Electronic Trading Java Developer
9 5 (5.26%) Investment Banking Java Developer
10 4 (4.21%) Principal Developer
10 4 (4.21%) Senior Business Analyst
10 4 (4.21%) Senior C# .NET Developer
Libraries, Frameworks & Software Standards
1 29 (30.53%) .NET
2 16 (16.84%) ASP.NET
3 14 (14.74%) JSON
4 12 (12.63%) React
5 8 (8.42%) HTML
6 7 (7.37%) .NET Core
6 7 (7.37%) ASP.NET Web API
6 7 (7.37%) FIX Protocol
7 6 (6.32%) Ajax
7 6 (6.32%) CSS
7 6 (6.32%) Razor View Engine
7 6 (6.32%) Web Services
8 5 (5.26%) AngularJS
9 4 (4.21%) .NET Framework
9 4 (4.21%) Kafka
10 3 (3.16%) Spring Boot
10 3 (3.16%) Vert.x
10 3 (3.16%) WebRTC
11 2 (2.11%) ASP.NET Core
11 2 (2.11%) Spring Batch
Miscellaneous
1 27 (28.42%) Equities
2 20 (21.05%) Fixed Income
3 12 (12.63%) Foreign Exchange (FX)
4 10 (10.53%) Reference Data
5 9 (9.47%) Legacy Systems
6 8 (8.42%) Credit Risk
7 7 (7.37%) Derivative
7 7 (7.37%) Enterprise Software
8 6 (6.32%) Market Risk
9 3 (3.16%) Credit Derivative
9 3 (3.16%) Data Centre
9 3 (3.16%) Hedge funds
9 3 (3.16%) Interest Rate Derivative
9 3 (3.16%) Private Cloud
10 2 (2.11%) Algorithms
10 2 (2.11%) OTC Derivatives
11 1 (1.05%) Data Structures
11 1 (1.05%) Equity Derivative
11 1 (1.05%) Greenfield Project
11 1 (1.05%) Pricing Data
Operating Systems
1 12 (12.63%) Linux
1 12 (12.63%) Unix
2 2 (2.11%) Windows
Processes & Methodologies
1 40 (42.11%) Agile Software Development
2 29 (30.53%) DevOps
3 26 (27.37%) Risk Management
4 25 (26.32%) MVC
4 25 (26.32%) SOLID
5 23 (24.21%) SDLC
6 20 (21.05%) Microservices
7 17 (17.89%) Low Latency
8 16 (16.84%) OO
9 14 (14.74%) Electronic Trading
9 14 (14.74%) MVVM
10 13 (13.68%) Investment Management
10 13 (13.68%) Multithreading
11 12 (12.63%) Asset Management
11 12 (12.63%) Business Intelligence
11 12 (12.63%) TDD
12 10 (10.53%) Analytics
12 10 (10.53%) Root Cause Analysis
12 10 (10.53%) Scrum
12 10 (10.53%) Time Management
Programming Languages
1 42 (44.21%) SQL
2 39 (41.05%) C#
3 30 (31.58%) Java
4 16 (16.84%) Python
5 14 (14.74%) VBA
6 10 (10.53%) JavaScript
7 9 (9.47%) Perl
8 8 (8.42%) Shell Script
9 4 (4.21%) C++
10 2 (2.11%) PowerShell
11 1 (1.05%) Bash Shell
11 1 (1.05%) Java 8
11 1 (1.05%) Scala
Qualifications
1 3 (3.16%) Degree
1 3 (3.16%) PRINCE2 Certification
2 1 (1.05%) CISA
2 1 (1.05%) CISSP
2 1 (1.05%) CRISC
Quality Assurance & Compliance
1 1 (1.05%) Data Quality
1 1 (1.05%) GRC
System Software
1 10 (10.53%) Docker
2 1 (1.05%) Active Directory
Systems Management
1 11 (11.58%) Kubernetes
2 5 (5.26%) Ansible
3 3 (3.16%) Puppet
4 1 (1.05%) Thomson Reuters DACS
Vendors
1 19 (20.00%) Fidessa
2 8 (8.42%) Bloomberg
3 5 (5.26%) Oracle
3 5 (5.26%) Sun
4 4 (4.21%) Concur
4 4 (4.21%) Sage
5 2 (2.11%) Google
5 2 (2.11%) Tradeweb
6 1 (1.05%) FactSet
6 1 (1.05%) Kofax
6 1 (1.05%) Microsoft
6 1 (1.05%) Red Hat
6 1 (1.05%) Reuters
6 1 (1.05%) Salesforce.com
6 1 (1.05%) Sybase
6 1 (1.05%) TIBCO