Period
to 18 November 2017

The median annual salary for a Banking Business Analyst was £70,000 in advertised job vacancies in London during the 6 months to 18 November 2017.

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

Business Analyst - Banking
England > London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 693 699 722
Rank change year-on-year +6 +23 +34
Permanent jobs requiring a Banking Business Analyst 151 146 195
As % of all permanent IT jobs advertised in London 0.20% 0.19% 0.22%
As % of the Job Titles category 0.21% 0.20% 0.23%
Number of salaries quoted 126 119 179
London median annual salary £70,000 £69,000 £62,500
Median salary % change year-on-year +1.45% +10.40% -10.71%
10th Percentile £43,750 £43,750 £43,650
90th Percentile £81,250 £79,000 £80,900
England median annual salary £65,000 £67,500 £57,500
% change year-on-year -3.70% +17.39% -8.00%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in London. 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
London
Permanent vacancies in London with a recognized job title 70770 72897 85692
% of permanent IT jobs with a recognized job title 94.34% 95.96% 96.00%
Number of salaries quoted 55623 62964 72725
London median annual salary £60,000 £57,500 £55,000
Median salary % change year-on-year +4.35% +4.55% +4.76%
10th Percentile £33,000 £32,500 £32,000
90th Percentile £90,000 £87,500 £85,000
England 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 London

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

Job vacancy trend for Banking Business Analyst in London

Banking Business Analyst
Salary Trend in London

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

Salary trend for Banking Business Analyst in London

Banking Business Analyst
Salary Histogram in London

The salary distribution of IT jobs citing Banking Business Analyst in London over the 6 months to 18 November 2017.

Salary histogram for Banking Business Analyst in London

Banking Business Analyst
Job Locations in London

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 London region over the 6 months to 18 November 2017. 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
Central London +34 27 £70,000 +24.44% 6
Banking Business Analyst
England

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

For the 6 months to 18 November 2017, 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 London region featuring Banking Business Analyst in the job title.

1 151 (100.00%) Banking
2 133 (88.08%) Finance
3 116 (76.82%) Business Analysis
4 74 (49.01%) Agile Software Development
5 68 (45.03%) Stakeholder Management
6 54 (35.76%) SQL
7 51 (33.77%) Marketing
7 51 (33.77%) User Acceptance Testing
7 51 (33.77%) Investment Banking
8 41 (27.15%) Corporate Banking
8 41 (27.15%) Front Office
9 37 (24.50%) SDLC
10 33 (21.85%) Data Mapping
10 33 (21.85%) JIRA
11 32 (21.19%) Back Office
11 32 (21.19%) Change Management
11 32 (21.19%) Target Operating Model
12 28 (18.54%) Private Banking
12 28 (18.54%) Financial Institution
12 28 (18.54%) SharePoint
13 27 (17.88%) Legal
14 26 (17.22%) Fixed Income
14 26 (17.22%) Equities
14 26 (17.22%) Asset Management
14 26 (17.22%) Business Change Management
15 25 (16.56%) PRINCE2
16 24 (15.89%) Microsoft Project
17 22 (14.57%) PRINCE
17 22 (14.57%) Project Management
18 20 (13.25%) Waterfall

Banking Business Analyst Skill Set
Co-occurring IT Skills in 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 28 (18.54%) SharePoint
2 8 (5.30%) Apache
2 8 (5.30%) IIS
2 8 (5.30%) Tomcat
3 4 (2.65%) CMS
3 4 (2.65%) Confluence
Applications
1 24 (15.89%) Microsoft Project
2 4 (2.65%) Microsoft Excel
2 4 (2.65%) Microsoft PowerPoint
2 4 (2.65%) MS Visio
3 1 (0.66%) Microsoft Office
Business Applications
1 7 (4.64%) Dynamics CRM
2 4 (2.65%) Markit EDM
2 4 (2.65%) VisionPLUS
Cloud Services
1 7 (4.64%) Dynamics 365
Database & Business Intelligence
1 10 (6.62%) SQL Server
2 4 (2.65%) Big Data
3 1 (0.66%) MS Access
3 1 (0.66%) Oracle Database
3 1 (0.66%) RDBMS
3 1 (0.66%) Relational Database
Development Applications
1 33 (21.85%) JIRA
General
1 151 (100.00%) Banking
2 133 (88.08%) Finance
3 51 (33.77%) Investment Banking
3 51 (33.77%) Marketing
4 41 (27.15%) Corporate Banking
4 41 (27.15%) Front Office
5 32 (21.19%) Back Office
6 28 (18.54%) Financial Institution
6 28 (18.54%) Private Banking
7 27 (17.88%) Legal
8 15 (9.93%) Retail Banking
9 9 (5.96%) International Banking
10 2 (1.32%) Retail
11 1 (0.66%) Law
Libraries, Frameworks & Software Standards
1 5 (3.31%) REST
2 4 (2.65%) FIX Protocol
3 1 (0.66%) .NET
Miscellaneous
1 26 (17.22%) Equities
1 26 (17.22%) Fixed Income
2 19 (12.58%) Hedge funds
3 11 (7.28%) Derivative
4 9 (5.96%) Foreign Exchange (FX)
5 8 (5.30%) Analytical Skills
5 8 (5.30%) Credit Risk
5 8 (5.30%) User Experience
5 8 (5.30%) Virtual Team
6 7 (4.64%) Online Banking
7 5 (3.31%) Computer Science
7 5 (3.31%) Exotic Derivative
7 5 (3.31%) Fintech
8 4 (2.65%) DTCC
9 3 (1.99%) Robotics
10 2 (1.32%) Mobile Banking
10 2 (1.32%) SWIFT
11 1 (0.66%) OTC Derivatives
Operating Systems
1 8 (5.30%) Unix
1 8 (5.30%) Windows
Processes & Methodologies
1 116 (76.82%) Business Analysis
2 74 (49.01%) Agile Software Development
3 68 (45.03%) Stakeholder Management
4 51 (33.77%) User Acceptance Testing
5 37 (24.50%) SDLC
6 33 (21.85%) Data Mapping
7 32 (21.19%) Change Management
7 32 (21.19%) Target Operating Model
8 26 (17.22%) Asset Management
8 26 (17.22%) Business Change Management
9 25 (16.56%) PRINCE2
10 22 (14.57%) PRINCE
10 22 (14.57%) Project Management
11 20 (13.25%) Waterfall
12 19 (12.58%) Data Flow Diagram
12 19 (12.58%) Data Management
12 19 (12.58%) Fund Management
13 17 (11.26%) TDD
14 13 (8.61%) Workflow
15 12 (7.95%) Process Improvement
Programming Languages
1 54 (35.76%) SQL
2 8 (5.30%) PowerShell
3 4 (2.65%) C
4 1 (0.66%) C#
4 1 (0.66%) Python
4 1 (0.66%) VB.NET
4 1 (0.66%) VBA
Qualifications
1 8 (5.30%) Degree
2 4 (2.65%) ISEB
Quality Assurance & Compliance
1 19 (12.58%) MiFID
2 9 (5.96%) Data Quality
3 7 (4.64%) PSD2
4 5 (3.31%) IFRS
5 2 (1.32%) FATCA
5 2 (1.32%) QA
6 1 (0.66%) Dodd-Frank
6 1 (0.66%) EMIR
6 1 (0.66%) FINRA
6 1 (0.66%) UCITS
Vendors
1 12 (7.95%) Microsoft
2 8 (5.30%) Informatica
3 4 (2.65%) Murex
3 4 (2.65%) Trayport
3 4 (2.65%) Xceptor
4 1 (0.66%) Atlassian
4 1 (0.66%) Avaloq
4 1 (0.66%) Charles River
4 1 (0.66%) Fidessa
4 1 (0.66%) FNZ
4 1 (0.66%) NETSOL
4 1 (0.66%) Oracle