Period
to 19 October 2021

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 19 October 2021 with a comparison to the same period over the previous 2 years.

Retail Banking
Central London > City of London
6 months to
19 Oct 2021
Same period 2020 Same period 2019
Rank 235 141 281
Rank change year-on-year -94 +140 +34
Permanent jobs citing Retail Banking 21 59 40
As % of all permanent jobs advertised in the City of London 0.35% 1.63% 0.40%
As % of the General category 0.59% 2.63% 0.67%
Number of salaries quoted 21 56 40
10th Percentile £57,750 £63,750 £42,125
25th Percentile £66,250 £74,313 £52,375
Median annual salary (50th Percentile) £90,000 £93,500 £77,500
Median % change year-on-year -3.74% +20.65% -11.17%
75th Percentile £95,000 £103,750 £95,000
90th Percentile £157,500 £110,000 £122,500
Central London median annual salary £90,000 £93,500 £77,500
% change year-on-year -3.74% +20.65% -8.82%

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 3,545 2,244 6,002
As % of all permanent IT jobs advertised in the City of London 59.51% 62.07% 60.29%
Number of salaries quoted 3,115 1,969 5,194
10th Percentile £42,500 £41,500 £36,250
25th Percentile £53,750 £52,500 £48,750
Median annual salary (50th Percentile) £70,000 £70,000 £65,000
Median % change year-on-year - +7.69% +4.00%
75th Percentile £90,000 £87,500 £82,500
90th Percentile £107,500 £105,000 £97,500
Central London median annual salary £70,000 £70,000 £65,000
% change year-on-year - +7.69% +4.00%

Retail Banking
Job Vacancy Trend in the City of London

Job postings citing Retail Banking as a proportion 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

3-month moving average salary quoted in 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

Salary distribution for jobs citing Retail Banking in the City of London over the 6 months to 19 October 2021.

Salary histogram for Retail Banking in the City of London

For the 6 months to 19 October 2021, 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 13 (61.90%) Banking
2 7 (33.33%) Agile Software Development
2 7 (33.33%) Azure
2 7 (33.33%) AWS
2 7 (33.33%) Finance
3 6 (28.57%) MongoDB
4 5 (23.81%) Scala
4 5 (23.81%) Hadoop
4 5 (23.81%) Advertising
4 5 (23.81%) Java
4 5 (23.81%) RabbitMQ
4 5 (23.81%) Kafka
4 5 (23.81%) DevOps
4 5 (23.81%) Apache Spark
4 5 (23.81%) Terraform
4 5 (23.81%) Kotlin
4 5 (23.81%) Greenfield Project
4 5 (23.81%) Prometheus
4 5 (23.81%) Java 8
4 5 (23.81%) Self-Motivation
5 4 (19.05%) Analytics
5 4 (19.05%) SQL
5 4 (19.05%) ETL
5 4 (19.05%) SAS
6 3 (14.29%) Python
6 3 (14.29%) Data Modelling
6 3 (14.29%) Physical Data Model
6 3 (14.29%) Analytical Skills
6 3 (14.29%) Fintech
7 2 (9.52%) Data Science

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 (23.81%) Apache Spark
2 4 (19.05%) SAS
Cloud Services
1 7 (33.33%) AWS
1 7 (33.33%) Azure
2 2 (9.52%) GCP
Communications & Networking
1 2 (9.52%) Network Security
Database & Business Intelligence
1 6 (28.57%) MongoDB
2 5 (23.81%) Hadoop
3 2 (9.52%) Base SAS
3 2 (9.52%) SAS Enterprise Guide
4 1 (4.76%) Data Mart
4 1 (4.76%) Metadata
4 1 (4.76%) Tableau
Development Applications
1 1 (4.76%) ERwin
General
1 13 (61.90%) Banking
2 7 (33.33%) Finance
3 5 (23.81%) Advertising
4 3 (14.29%) Analytical Skills
5 2 (9.52%) Retail
6 1 (4.76%) Law
6 1 (4.76%) Social Skills
Job Titles
1 5 (23.81%) AWS Developer
1 5 (23.81%) Developer
1 5 (23.81%) Java Developer
1 5 (23.81%) Java Scala Developer
1 5 (23.81%) Scala Developer
2 4 (19.05%) Analyst
3 3 (14.29%) Architect
4 2 (9.52%) Commercial Director
4 2 (9.52%) Data Analyst
4 2 (9.52%) Data Engineer
4 2 (9.52%) Data Modeller
4 2 (9.52%) Data Scientist
4 2 (9.52%) Enterprise Architect
4 2 (9.52%) Enterprise Security Architect
4 2 (9.52%) Security Architect
5 1 (4.76%) Banking Analyst
5 1 (4.76%) IT Analyst
5 1 (4.76%) Senior Test Automation Architect
5 1 (4.76%) Technical Business Analyst
5 1 (4.76%) Test Automation Engineer
Libraries, Frameworks & Software Standards
1 5 (23.81%) Kafka
1 5 (23.81%) RabbitMQ
2 1 (4.76%) JSON
2 1 (4.76%) Web Services
2 1 (4.76%) XML
Miscellaneous
1 5 (23.81%) Greenfield Project
1 5 (23.81%) Self-Motivation
2 1 (4.76%) Analytical Mindset
2 1 (4.76%) Credit Risk
2 1 (4.76%) Hedge funds
Processes & Methodologies
1 7 (33.33%) Agile Software Development
2 5 (23.81%) DevOps
3 4 (19.05%) Analytics
3 4 (19.05%) ETL
4 3 (14.29%) Data Modelling
4 3 (14.29%) Fintech
4 3 (14.29%) Physical Data Model
5 2 (9.52%) Asset Management
5 2 (9.52%) Customer Requirements
5 2 (9.52%) Data Science
5 2 (9.52%) Data Security
5 2 (9.52%) Logical Data Model
5 2 (9.52%) Migration
5 2 (9.52%) Project Delivery
5 2 (9.52%) Security Architecture
5 2 (9.52%) Stakeholder Management
5 2 (9.52%) Technical Architecture
5 2 (9.52%) Translating Business Requirements
6 1 (4.76%) Stakeholder Engagement
6 1 (4.76%) Test Automation
Programming Languages
1 5 (23.81%) Java
1 5 (23.81%) Java 8
1 5 (23.81%) Kotlin
1 5 (23.81%) Scala
2 4 (19.05%) SQL
3 3 (14.29%) Python
4 1 (4.76%) Bash Shell
4 1 (4.76%) JavaScript
4 1 (4.76%) Perl
4 1 (4.76%) PL/SQL
4 1 (4.76%) PowerShell
4 1 (4.76%) R
Qualifications
1 1 (4.76%) Degree
Systems Management
1 5 (23.81%) Prometheus
1 5 (23.81%) Terraform
Vendors
1 2 (9.52%) Microsoft
2 1 (4.76%) Oracle