Period
to 23 January 2018

The median annual salary for a Banking Business Analyst was £62,500 in advertised job vacancies in England during the 6 months to 23 January 2018.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Business Analyst - Banking
UK > England
6 months to
23 Jan 2018
Same period 2017 Same period 2016
Rank 989 983 1023
Rank change year-on-year -6 +40 +76
Permanent jobs requiring a Banking Business Analyst 158 163 238
As % of all permanent IT jobs advertised in England 0.097% 0.098% 0.12%
As % of the Job Titles category 0.10% 0.10% 0.13%
Number of salaries quoted 137 144 212
England median annual salary £62,500 £67,500 £62,500
Median salary % change year-on-year -7.41% +8.00% +6.38%
10th Percentile £42,500 £43,750 £43,750
90th Percentile £81,250 £85,000 £79,875
UK median annual salary £60,000 £67,500 £62,500
% change year-on-year -11.11% +8.00% +13.64%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in England. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
England
Permanent vacancies in England with a recognized job title 157,043 160,190 188,299
% of permanent IT jobs with a recognized job title 96.08% 96.48% 96.65%
Number of salaries quoted 128,961 134,332 158,959
England median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £27,500 £27,500 £26,750
90th Percentile £80,000 £77,500 £76,250
UK median annual salary £50,000 £47,500 £46,000
% change year-on-year +5.26% +3.26% +2.22%

Banking Business Analyst
Job Vacancy Trend in England

Job postings that featured Banking Business Analyst in the job title as a percentage of all IT jobs advertised in England.

Job vacancy trend for Banking Business Analyst in England

Banking Business Analyst
Salary Trend in England

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Banking Business Analyst in England.

Salary trend for Banking Business Analyst in England

Banking Business Analyst
Salary Histogram in England

The salary distribution of IT jobs citing Banking Business Analyst in England over the 6 months to 23 January 2018.

Salary histogram for Banking Business Analyst in England

Banking Business Analyst
Job Locations in England

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking Business Analyst within the England region over the 6 months to 23 January 2018. 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 -39 135 £65,000 -5.80% 10
Midlands +22 10 £55,000 +3.29% 1
West Midlands -2 10 £55,000 +3.29% 1
North of England +3 7 £50,000 +1.01%
North West -2 4 £50,000 +1.01%
South East +18 3 £40,000 -10.11%
Yorkshire +12 3 £54,000 +9.09%
South West - 3 £40,000 -
Banking Business Analyst
UK

Banking Business Analyst Skill Set
Top 30 Co-occurring IT Skills in England

For the 6 months to 23 January 2018, Banking Business Analyst job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the England region featuring Banking Business Analyst in the job title.

1 158 (100.00%) Banking
2 142 (89.87%) Finance
3 116 (73.42%) Business Analysis
4 83 (52.53%) Agile Software Development
5 66 (41.77%) Stakeholder Management
6 63 (39.87%) SQL
7 53 (33.54%) Marketing
8 51 (32.28%) User Acceptance Testing
9 43 (27.22%) Corporate Banking
10 42 (26.58%) Investment Banking
10 42 (26.58%) Front Office
11 36 (22.78%) Private Banking
12 31 (19.62%) Back Office
13 30 (18.99%) Target Operating Model
14 27 (17.09%) Change Management
14 27 (17.09%) Data Mapping
15 25 (15.82%) Retail Banking
16 24 (15.19%) Data Management
16 24 (15.19%) Legal
16 24 (15.19%) Business Change Management
17 23 (14.56%) JIRA
18 22 (13.92%) Financial Institution
19 19 (12.03%) SharePoint
19 19 (12.03%) SDLC
20 18 (11.39%) Unix
20 18 (11.39%) Windows
21 17 (10.76%) Fixed Income
21 17 (10.76%) Equities
21 17 (10.76%) Credit Risk
21 17 (10.76%) Fintech

Banking Business Analyst Skill Set
Co-occurring IT Skills in England 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 19 (12.03%) SharePoint
2 11 (6.96%) Apache
2 11 (6.96%) IIS
2 11 (6.96%) Tomcat
3 6 (3.80%) CMS
4 4 (2.53%) Confluence
Applications
1 16 (10.13%) Microsoft Project
2 5 (3.16%) Microsoft Excel
2 5 (3.16%) Microsoft PowerPoint
3 4 (2.53%) MS Visio
4 3 (1.90%) Microsoft Office
Business Applications
1 6 (3.80%) VisionPLUS
2 5 (3.16%) Markit EDM
3 4 (2.53%) Dynamics CRM
4 3 (1.90%) Salesforce.com CRM
Cloud Services
1 4 (2.53%) Dynamics 365
Database & Business Intelligence
1 13 (8.23%) SQL Server
2 5 (3.16%) Big Data
3 4 (2.53%) Data Warehouse
4 1 (0.63%) MS Access
4 1 (0.63%) RDBMS
4 1 (0.63%) Relational Database
Development Applications
1 23 (14.56%) JIRA
General
1 158 (100.00%) Banking
2 142 (89.87%) Finance
3 53 (33.54%) Marketing
4 43 (27.22%) Corporate Banking
5 42 (26.58%) Front Office
5 42 (26.58%) Investment Banking
6 36 (22.78%) Private Banking
7 31 (19.62%) Back Office
8 25 (15.82%) Retail Banking
9 24 (15.19%) Legal
10 22 (13.92%) Financial Institution
11 8 (5.06%) International Banking
12 3 (1.90%) Retail
13 2 (1.27%) Law
Libraries, Frameworks & Software Standards
1 7 (4.43%) XML
2 3 (1.90%) REST
3 1 (0.63%) .NET
3 1 (0.63%) Drools
Miscellaneous
1 17 (10.76%) Credit Risk
1 17 (10.76%) Equities
1 17 (10.76%) Fintech
1 17 (10.76%) Fixed Income
2 12 (7.59%) User Experience
3 11 (6.96%) Derivative
3 11 (6.96%) Virtual Team
4 10 (6.33%) Analytical Skills
4 10 (6.33%) Hedge funds
5 5 (3.16%) DTCC
5 5 (3.16%) Exotic Derivative
6 4 (2.53%) Computer Science
6 4 (2.53%) Foreign Exchange (FX)
6 4 (2.53%) Greenfield Project
6 4 (2.53%) Online Banking
7 3 (1.90%) Mobile App
8 2 (1.27%) Market Risk
8 2 (1.27%) Mobile Banking
8 2 (1.27%) SWIFT
9 1 (0.63%) FMCG
Operating Systems
1 18 (11.39%) Unix
1 18 (11.39%) Windows
2 7 (4.43%) Linux
Processes & Methodologies
1 116 (73.42%) Business Analysis
2 83 (52.53%) Agile Software Development
3 66 (41.77%) Stakeholder Management
4 51 (32.28%) User Acceptance Testing
5 30 (18.99%) Target Operating Model
6 27 (17.09%) Change Management
6 27 (17.09%) Data Mapping
7 24 (15.19%) Business Change Management
7 24 (15.19%) Data Management
8 19 (12.03%) SDLC
9 16 (10.13%) Waterfall
10 14 (8.86%) Asset Management
10 14 (8.86%) PRINCE2
11 13 (8.23%) Business Intelligence
11 13 (8.23%) ETL
11 13 (8.23%) PRINCE
11 13 (8.23%) Project Management
12 12 (7.59%) Use Case
13 11 (6.96%) Data Flow Diagram
14 10 (6.33%) Fund Management
Programming Languages
1 63 (39.87%) SQL
2 11 (6.96%) PowerShell
3 1 (0.63%) C#
3 1 (0.63%) Python
3 1 (0.63%) T-SQL
3 1 (0.63%) VB.NET
3 1 (0.63%) VBA
Qualifications
1 13 (8.23%) Degree
2 4 (2.53%) ISEB
3 1 (0.63%) ACCA
3 1 (0.63%) CBAP
3 1 (0.63%) CIMA
3 1 (0.63%) CIPFA
3 1 (0.63%) Computer Science Degree
3 1 (0.63%) PMI Certification
3 1 (0.63%) PRINCE2 Certification
Quality Assurance & Compliance
1 13 (8.23%) MiFID
2 12 (7.59%) Data Quality
3 5 (3.16%) PSD2
4 3 (1.90%) QA
5 1 (0.63%) Basel II
5 1 (0.63%) Basel III
5 1 (0.63%) Dodd-Frank
5 1 (0.63%) EMIR
5 1 (0.63%) FATCA
5 1 (0.63%) FINRA
5 1 (0.63%) GDPR
5 1 (0.63%) IFRS
5 1 (0.63%) IFRS 9
5 1 (0.63%) UCITS
Vendors
1 11 (6.96%) Informatica
2 10 (6.33%) Microsoft
3 5 (3.16%) Murex
3 5 (3.16%) Trayport
3 5 (3.16%) Xceptor
4 3 (1.90%) GoldenSource
4 3 (1.90%) Salesforce.com
5 2 (1.27%) NETSOL
6 1 (0.63%) Atlassian
6 1 (0.63%) Avaloq
6 1 (0.63%) Charles River
6 1 (0.63%) Cognos
6 1 (0.63%) FNZ
6 1 (0.63%) IBM
6 1 (0.63%) ILOG
6 1 (0.63%) Oracle
6 1 (0.63%) Pega