Period
to 7 December 2019

The table below looks at the prevalence of the term Retail 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 Retail Banking over the 6 months to 7 December 2019 with a comparison to the same period over the previous 2 years.

Retail Banking
Central London > City of London
6 months to
7 Dec 2019
Same period 2018 Same period 2017
Rank 295 307 284
Rank change year-on-year +12 -23 +37
Permanent jobs citing Retail Banking 28 47 37
As % of all permanent IT jobs advertised in the City of London 0.29% 0.43% 0.36%
As % of the General category 0.57% 0.84% 0.61%
Number of salaries quoted 27 39 33
City of London median annual salary £77,500 £82,500 £64,181
Median salary % change year-on-year -6.06% +28.54% -11.47%
10th Percentile £38,250 £42,250 £51,250
90th Percentile £122,500 £115,000 £95,000
Central London median annual salary £73,250 £80,000 £65,000
% change year-on-year -8.44% +23.08% -10.34%

Retail 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 4,883 5,601 6,046
As % of all permanent IT jobs advertised in the City of London 49.80% 51.46% 58.72%
Number of salaries quoted 4,172 5,005 5,447
City of London median annual salary £67,500 £65,000 £60,000
Median salary % change year-on-year +3.85% +8.33% -
10th Percentile £37,500 £36,250 £36,250
90th Percentile £100,000 £96,250 £97,500
Central London median annual salary £67,500 £65,000 £60,000
% change year-on-year +3.85% +8.33% +2.56%

Retail Banking
Job Vacancy Trend in the City of London

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

Job vacancy trend for Retail Banking in the City of London

Retail Banking
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Retail Banking in the City of London.

Salary trend for Retail Banking in the City of London

Retail Banking
Salary Histogram in the City of London

The salary distribution of IT jobs citing Retail Banking in the City of London over the 6 months to 7 December 2019.

Salary histogram for Retail Banking in the City of London

Retail 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 Retail Banking within the City of London region over the 6 months to 7 December 2019. 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 - 3 £40,000 -
Retail Banking
Central London

For the 6 months to 7 December 2019, IT jobs citing Retail 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 Retail Banking.

1 22 (78.57%) Banking
2 14 (50.00%) Agile Software Development
2 14 (50.00%) Finance
3 8 (28.57%) Fintech
4 7 (25.00%) C#
4 7 (25.00%) Risk Management
5 6 (21.43%) Advertising
5 6 (21.43%) Python
6 5 (17.86%) Foreign Exchange (FX)
6 5 (17.86%) MATLAB
6 5 (17.86%) C++
6 5 (17.86%) PhD
6 5 (17.86%) Validation
6 5 (17.86%) Equities
6 5 (17.86%) Exotic Derivative
6 5 (17.86%) Degree
6 5 (17.86%) MiFID
6 5 (17.86%) JIRA
6 5 (17.86%) Mathematics
6 5 (17.86%) Physics
6 5 (17.86%) Credit Risk
6 5 (17.86%) Market Risk
6 5 (17.86%) Stochastic Calculus
6 5 (17.86%) Financial Modelling
6 5 (17.86%) Confluence
6 5 (17.86%) R
6 5 (17.86%) EMIR
6 5 (17.86%) Dodd-Frank
6 5 (17.86%) Credit Risk Management
6 5 (17.86%) Master's Degree

Retail 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 5 (17.86%) Confluence
2 2 (7.14%) Cloud Foundry
2 2 (7.14%) Mule
3 1 (3.57%) Apache Spark
Applications
1 1 (3.57%) Microsoft Excel
1 1 (3.57%) Microsoft Office
1 1 (3.57%) Microsoft PowerPoint
Cloud Services
1 4 (14.29%) AWS
2 2 (7.14%) Azure
2 2 (7.14%) IaaS
2 2 (7.14%) PaaS
2 2 (7.14%) Slack
3 1 (3.57%) GitHub
Communications & Networking
1 1 (3.57%) HTTPS
Database & Business Intelligence
1 1 (3.57%) Hadoop
1 1 (3.57%) MongoDB
Development Applications
1 5 (17.86%) JIRA
2 3 (10.71%) Mockito
3 2 (7.14%) IntelliJ
3 2 (7.14%) Maven
4 1 (3.57%) Jenkins
4 1 (3.57%) JUnit
General
1 22 (78.57%) Banking
2 14 (50.00%) Finance
3 6 (21.43%) Advertising
4 3 (10.71%) Retail
5 1 (3.57%) Financial Institution
Job Titles
1 9 (32.14%) Analyst
2 5 (17.86%) Qualitative Analyst
2 5 (17.86%) Quantitative Analyst
3 4 (14.29%) Business Analyst
3 4 (14.29%) Developer
4 3 (10.71%) Product Manager
5 2 (7.14%) .NET Developer
5 2 (7.14%) C# .NET Developer
5 2 (7.14%) C# Developer
5 2 (7.14%) Head of Information
5 2 (7.14%) Head of Information Security
5 2 (7.14%) Head of Security
5 2 (7.14%) Java Engineer
6 1 (3.57%) Implementation Manager
6 1 (3.57%) Java Scala Developer
6 1 (3.57%) Management Consultant
6 1 (3.57%) Onboarding Analyst
6 1 (3.57%) Software Implementation Manager
6 1 (3.57%) Transformation Director
6 1 (3.57%) Transformation Manager
Libraries, Frameworks & Software Standards
1 4 (14.29%) Spring
2 3 (10.71%) .NET
3 2 (7.14%) AngularJS
3 2 (7.14%) ASP.NET
3 2 (7.14%) JSON
3 2 (7.14%) React
3 2 (7.14%) REST
3 2 (7.14%) RESTful
3 2 (7.14%) Spring Boot
3 2 (7.14%) Vue.js
3 2 (7.14%) WireMock
4 1 (3.57%) Dagger
4 1 (3.57%) Kafka
4 1 (3.57%) Material Design
4 1 (3.57%) RabbitMQ
4 1 (3.57%) Retrofit
4 1 (3.57%) RxJava
Miscellaneous
1 5 (17.86%) Credit Risk
1 5 (17.86%) Equities
1 5 (17.86%) Exotic Derivative
1 5 (17.86%) Foreign Exchange (FX)
1 5 (17.86%) Market Risk
2 3 (10.71%) FMCG
3 2 (7.14%) PMI
4 1 (3.57%) Greenfield Project
4 1 (3.57%) Self-Motivation
Operating Systems
1 1 (3.57%) Android
1 1 (3.57%) Linux
1 1 (3.57%) Unix
1 1 (3.57%) Windows
Processes & Methodologies
1 14 (50.00%) Agile Software Development
2 8 (28.57%) Fintech
3 7 (25.00%) Risk Management
4 5 (17.86%) Credit Risk Management
4 5 (17.86%) Financial Modelling
4 5 (17.86%) Mathematics
4 5 (17.86%) Physics
4 5 (17.86%) Stochastic Calculus
4 5 (17.86%) Validation
5 4 (14.29%) PRINCE2
5 4 (14.29%) Project Management
6 3 (10.71%) Analytics
6 3 (10.71%) Business Analysis
6 3 (10.71%) Data Management
6 3 (10.71%) DevOps
6 3 (10.71%) Requirements Engineering
6 3 (10.71%) Scrum
6 3 (10.71%) Service Delivery
6 3 (10.71%) Six Sigma
6 3 (10.71%) Wealth Management
Programming Languages
1 7 (25.00%) C#
2 6 (21.43%) Python
3 5 (17.86%) C++
3 5 (17.86%) MATLAB
3 5 (17.86%) R
4 4 (14.29%) Java
5 2 (7.14%) Kotlin
5 2 (7.14%) SQL
6 1 (3.57%) Java 8
6 1 (3.57%) Scala
Qualifications
1 5 (17.86%) Degree
1 5 (17.86%) Master's Degree
1 5 (17.86%) PhD
2 3 (10.71%) MCSE
2 3 (10.71%) Microsoft Certification
2 3 (10.71%) PMI Certification
2 3 (10.71%) Six Sigma Master Black Belt
2 3 (10.71%) Six Sigma Yellow Belt
3 2 (7.14%) APMP
4 1 (3.57%) PMP
4 1 (3.57%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 5 (17.86%) Dodd-Frank
1 5 (17.86%) EMIR
1 5 (17.86%) MiFID
2 2 (7.14%) P3O
3 1 (3.57%) PMO
System Software
1 1 (3.57%) Docker
Systems Management
1 2 (7.14%) Terraform
2 1 (3.57%) Ansible
2 1 (3.57%) Kubernetes
2 1 (3.57%) Opscode Chef
2 1 (3.57%) Prometheus
2 1 (3.57%) Puppet
Vendors
1 3 (10.71%) Microsoft
2 1 (3.57%) Google