Period
to 28 January 2022

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

Retail Banking
Central London > City of London
6 months to
28 Jan 2022
Same period 2021 Same period 2020
Rank 235 165 292
Rank change year-on-year -70 +127 -4
Permanent jobs citing Retail Banking 24 59 26
As % of all permanent jobs advertised in the City of London 0.38% 1.36% 0.28%
As % of the General category 0.63% 2.21% 0.46%
Number of salaries quoted 24 58 25
10th Percentile £51,850 £64,625 £38,000
25th Percentile £59,688 £76,563 £48,750
Median annual salary (50th Percentile) £77,500 £93,500 £77,500
Median % change year-on-year -17.11% +20.65% -13.89%
75th Percentile £95,000 £98,438 £95,000
90th Percentile £102,500 £104,125 £122,500
Central London median annual salary £77,500 £93,500 £72,500
% change year-on-year -17.11% +28.97% -19.44%

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 3,819 2,669 5,613
As % of all permanent IT jobs advertised in the City of London 60.33% 61.37% 61.29%
Number of salaries quoted 3,276 2,347 4,815
10th Percentile £42,500 £43,750 £36,250
25th Percentile £55,000 £53,750 £48,250
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%

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 28 January 2022.

Salary histogram for Retail Banking in the City of London

For the 6 months to 28 January 2022, 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 21 (87.50%) Banking
2 14 (58.33%) Agile Software Development
3 11 (45.83%) Advertising
4 9 (37.50%) Finance
5 8 (33.33%) SQL
6 7 (29.17%) Java
6 7 (29.17%) RESTful
7 6 (25.00%) JavaScript
8 5 (20.83%) Degree
8 5 (20.83%) REST
9 4 (16.67%) Static Code Analysis
9 4 (16.67%) Jenkins
9 4 (16.67%) Microservices
9 4 (16.67%) React
9 4 (16.67%) SDLC
9 4 (16.67%) Dynamic Code Analysis
9 4 (16.67%) Java 11
9 4 (16.67%) CI/CD
9 4 (16.67%) Node.js
9 4 (16.67%) HTML
9 4 (16.67%) TeamCity
9 4 (16.67%) Stakeholder Management
9 4 (16.67%) PostgreSQL
9 4 (16.67%) SQL Server
9 4 (16.67%) DB2
9 4 (16.67%) CSS
10 3 (12.50%) SOAP
10 3 (12.50%) XML
10 3 (12.50%) Python
10 3 (12.50%) ETL

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 3 (12.50%) Appian
1 3 (12.50%) SAS
2 1 (4.17%) Apache Spark
Cloud Services
1 3 (12.50%) SaaS
2 1 (4.17%) AWS
2 1 (4.17%) Azure
Communications & Networking
1 3 (12.50%) HTTP
Database & Business Intelligence
1 4 (16.67%) DB2
1 4 (16.67%) PostgreSQL
1 4 (16.67%) SQL Server
2 3 (12.50%) MongoDB
3 2 (8.33%) Base SAS
3 2 (8.33%) SAS Enterprise Guide
4 1 (4.17%) Hadoop
4 1 (4.17%) Tableau
Development Applications
1 4 (16.67%) Jenkins
1 4 (16.67%) TeamCity
General
1 21 (87.50%) Banking
2 11 (45.83%) Advertising
3 9 (37.50%) Finance
4 3 (12.50%) Analytical Skills
5 2 (8.33%) Documentation Skills
5 2 (8.33%) Law
5 2 (8.33%) Retail
5 2 (8.33%) Social Skills
6 1 (4.17%) Corporate Banking
Job Titles
1 8 (33.33%) Developer
2 5 (20.83%) Java Developer
3 4 (16.67%) Analyst
3 4 (16.67%) Digital Developer
3 4 (16.67%) Senior Developer
3 4 (16.67%) Senior Java Developer
4 3 (12.50%) Integration Developer
5 2 (8.33%) Architect
5 2 (8.33%) Banking Analyst
5 2 (8.33%) Banking Business Analyst
5 2 (8.33%) Data Engineer
5 2 (8.33%) Senior Architect
5 2 (8.33%) Senior Test Architect
5 2 (8.33%) Senior Test Automation Architect
5 2 (8.33%) Senior Test Automation Engineer
5 2 (8.33%) Technical Business Analyst
5 2 (8.33%) Technical Leader
5 2 (8.33%) Test Architect
5 2 (8.33%) Test Automation Architect
5 2 (8.33%) Test Automation Engineer
Libraries, Frameworks & Software Standards
1 7 (29.17%) RESTful
2 5 (20.83%) REST
3 4 (16.67%) CSS
3 4 (16.67%) HTML
3 4 (16.67%) Node.js
3 4 (16.67%) React
4 3 (12.50%) JSON
4 3 (12.50%) OAuth
4 3 (12.50%) SOAP
4 3 (12.50%) XML
5 2 (8.33%) Spring
5 2 (8.33%) Web Services
6 1 (4.17%) Kafka
6 1 (4.17%) RabbitMQ
Miscellaneous
1 2 (8.33%) Analytical Mindset
1 2 (8.33%) Hedge funds
2 1 (4.17%) Credit Risk
2 1 (4.17%) Greenfield Project
2 1 (4.17%) PMI
2 1 (4.17%) Self-Motivation
Processes & Methodologies
1 14 (58.33%) Agile Software Development
2 4 (16.67%) CI/CD
2 4 (16.67%) Dynamic Code Analysis
2 4 (16.67%) Microservices
2 4 (16.67%) SDLC
2 4 (16.67%) Stakeholder Management
2 4 (16.67%) Static Code Analysis
3 3 (12.50%) Analytics
3 3 (12.50%) Asset Management
3 3 (12.50%) Business Case
3 3 (12.50%) Coaching
3 3 (12.50%) DevOps
3 3 (12.50%) ETL
4 2 (8.33%) Artificial Intelligence
4 2 (8.33%) Business Analysis
4 2 (8.33%) Logical Data Model
4 2 (8.33%) Multithreading
4 2 (8.33%) Physical Data Model
4 2 (8.33%) Technical Architecture
4 2 (8.33%) User Acceptance Testing
Programming Languages
1 8 (33.33%) SQL
2 7 (29.17%) Java
3 6 (25.00%) JavaScript
4 4 (16.67%) Java 11
5 3 (12.50%) Python
6 2 (8.33%) Bash
6 2 (8.33%) Perl
6 2 (8.33%) PowerShell
7 1 (4.17%) Java 8
7 1 (4.17%) Kotlin
7 1 (4.17%) R
7 1 (4.17%) Scala
Qualifications
1 5 (20.83%) Degree
2 1 (4.17%) PMI Certification
Quality Assurance & Compliance
1 1 (4.17%) Actionable Recommendations
Systems Management
1 1 (4.17%) Prometheus
1 1 (4.17%) Terraform
Vendors
1 3 (12.50%) OutSystems
2 2 (8.33%) Jitterbit
2 2 (8.33%) MuleSoft
2 2 (8.33%) SnapLogic