The median annual salary for a Banking Business Analyst was £72,500 in advertised job vacancies in London during the 3 months to 24 March 2017.

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

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Business Analyst - Banking
England / London
Rank 512 576 568
Rank change year-on-year +64 -8  
Permanent jobs requiring a Banking Business Analyst 76 80 86
As % of all permanent IT jobs advertised in London 0.23% 0.19% 0.21%
As % of the Job Titles category 0.24% 0.20% 0.21%
Number of salaries quoted 73 65 76
Median salary £72,500 £70,000 £65,000
Median salary % change year-on-year +3.57% +7.69%  
90% offered a salary of more than £55,500 £53,500 £37,500
10% offered a salary of more than £80,000 £77,500 £82,500
UK excluding London median salary £50,000 £42,500 £37,500
% change year-on-year +17.64% +13.33%  

The next table is for comparison with the above and includes summary statistics for all job roles in permanent job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of permanent jobs in our overall sample.

IT Job Roles
London
Permanent job vacancies with a job title containing a recognized job role 32198 40075 40268
As % of all permanent IT job vacancies advertised in London 95.73% 96.13% 95.99%
Number of salaries quoted 27217 34571 33828
Median salary £57,500 £55,000 £53,500
Median salary % change year-on-year +4.54% +2.80%  
90% offered a salary of more than £32,500 £32,500 £31,500
10% offered a salary of more than £82,500 £77,500 £80,000
UK excluding London median salary £42,000 £41,500 £40,000
% change year-on-year +1.20% +3.75%  

Banking Business Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured Banking Business Analyst in the job title.

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 3 months to 24 March 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 3 months to 24 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +33 6 £60,000 +9.09% 2
Banking Business Analyst
England

Banking Business Analyst Skill Set
Top 30 Related IT Skills in London

For the 6 months to 24 March 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.

1 155 (100.00%) Banking
2 143 (92.26%) Finance
3 114 (73.55%) Business Analysis
4 97 (62.58%) Stakeholder Management
5 49 (31.61%) SQL
6 48 (30.97%) Target Operating Model
7 46 (29.68%) Private Banking
8 45 (29.03%) Agile Software Development
9 39 (25.16%) Legal
9 39 (25.16%) Back Office
10 36 (23.23%) Marketing
11 32 (20.65%) MS Excel
12 31 (20.00%) MiFID
12 31 (20.00%) Online Banking
13 30 (19.35%) Asset Management
13 30 (19.35%) User Acceptance Testing
14 29 (18.71%) Retail
15 27 (17.42%) Scrum
15 27 (17.42%) Corporate Banking
16 26 (16.77%) Investment Banking
17 23 (14.84%) Microsoft
18 22 (14.19%) DevOps
19 21 (13.55%) Project Management
20 20 (12.90%) Anti-Money Laundering
21 19 (12.26%) Wealth Management
22 16 (10.32%) Analytics
22 16 (10.32%) SDLC
22 16 (10.32%) PRINCE2
22 16 (10.32%) Actimize
22 16 (10.32%) Data Analysis

Banking Business Analyst Skill Set
Top Related 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 13 (8.39%) SharePoint
2 3 (1.94%) MS Exchange
3 1 (0.65%) SAS
Applications
1 32 (20.65%) MS Excel
2 10 (6.45%) MS Project
3 3 (1.94%) MS Office
3 3 (1.94%) MS PowerPoint
Business Applications
1 5 (3.23%) Dynamics CRM
2 1 (0.65%) FLEXCUBE
2 1 (0.65%) Orchestrade
2 1 (0.65%) Temenos Globus
2 1 (0.65%) Temenos T24
Cloud Services
1 3 (1.94%) Amazon AWS
Communications & Networking
1 4 (2.58%) Firewall
1 4 (2.58%) Network Security
2 3 (1.94%) CTI
3 2 (1.29%) SMS
Database & Business Intelligence
1 14 (9.03%) SQL Server
2 2 (1.29%) Big Data
2 2 (1.29%) Data Warehouse
2 2 (1.29%) Hadoop
3 1 (0.65%) BusinessObjects
3 1 (0.65%) IBM InfoSphere
3 1 (0.65%) QlikView
3 1 (0.65%) Relational Database
Development Applications
1 10 (6.45%) JIRA
2 1 (0.65%) ERwin
2 1 (0.65%) SQL Server Management Studio (SSMS)
General
1 155 (100.00%) Banking
2 143 (92.26%) Finance
3 46 (29.68%) Private Banking
4 39 (25.16%) Back Office
4 39 (25.16%) Legal
5 36 (23.23%) Marketing
6 29 (18.71%) Retail
7 27 (17.42%) Corporate Banking
8 26 (16.77%) Investment Banking
9 11 (7.10%) Financial Institution
10 8 (5.16%) Front Office
11 2 (1.29%) Danish Language
12 1 (0.65%) Publishing
12 1 (0.65%) Retail Banking
12 1 (0.65%) Telecoms
Libraries, Frameworks & Software Standards
1 15 (9.68%) XML
2 13 (8.39%) XML Schema
2 13 (8.39%) XSD
3 6 (3.87%) .NET
4 1 (0.65%) FIX Protocol
4 1 (0.65%) Web Services
Miscellaneous
1 31 (20.00%) Online Banking
2 14 (9.03%) Credit Risk
3 12 (7.74%) Analytical Skills
3 12 (7.74%) Equities
3 12 (7.74%) Fixed Income
4 11 (7.10%) Hedge funds
5 7 (4.52%) Derivative
6 4 (2.58%) PKI
6 4 (2.58%) SWIFT
7 3 (1.94%) Foreign Exchange (FX)
8 2 (1.29%) User Experience
8 2 (1.29%) Virtual Team
9 1 (0.65%) Fintech
9 1 (0.65%) Market Risk
9 1 (0.65%) Reference Data
9 1 (0.65%) Robotics
Operating Systems
1 13 (8.39%) Windows
1 13 (8.39%) Windows Server
Processes & Methodologies
1 114 (73.55%) Business Analysis
2 97 (62.58%) Stakeholder Management
3 48 (30.97%) Target Operating Model
4 45 (29.03%) Agile Software Development
5 30 (19.35%) Asset Management
5 30 (19.35%) User Acceptance Testing
6 27 (17.42%) Scrum
7 22 (14.19%) DevOps
8 21 (13.55%) Project Management
9 20 (12.90%) Anti-Money Laundering
10 19 (12.26%) Wealth Management
11 16 (10.32%) Analytics
11 16 (10.32%) Data Analysis
11 16 (10.32%) PRINCE2
11 16 (10.32%) SDLC
12 14 (9.03%) CRM
12 14 (9.03%) Functional Testing
12 14 (9.03%) Investment Management
13 13 (8.39%) Fraud Modelling
13 13 (8.39%) Waterfall
Programming Languages
1 49 (31.61%) SQL
2 7 (4.52%) VB
3 2 (1.29%) C#
4 1 (0.65%) C
4 1 (0.65%) JavaScript
4 1 (0.65%) Python
4 1 (0.65%) R
4 1 (0.65%) VBA
Qualifications
1 9 (5.81%) ISEB
2 4 (2.58%) ACCA
2 4 (2.58%) CIMA
2 4 (2.58%) Degree
3 3 (1.94%) CIPFA
4 1 (0.65%) ISTQB
4 1 (0.65%) MBA
Quality Assurance & Compliance
1 31 (20.00%) MiFID
2 14 (9.03%) Basel III
3 11 (7.10%) Basel II
4 9 (5.81%) FATCA
5 7 (4.52%) QA
6 3 (1.94%) IFRS
6 3 (1.94%) IFRS 9
7 2 (1.29%) Data Quality
7 2 (1.29%) SEPA
8 1 (0.65%) Dodd-Frank
8 1 (0.65%) Solvency II
8 1 (0.65%) TARGET2
Vendors
1 23 (14.84%) Microsoft
2 16 (10.32%) Actimize
3 2 (1.29%) Temenos
4 1 (0.65%) Bloomberg
4 1 (0.65%) Calypso
4 1 (0.65%) JD Edwards
4 1 (0.65%) Murex
4 1 (0.65%) Reuters
4 1 (0.65%) Tableau
4 1 (0.65%) Trillium
City, London
ANSON MCCADE
Salary: Up to £40,000 - £65,000 + Bonus + Benefits
Posted: 2 days ago
London
Joseph Harry Ltd
Salary: £75000 - £110000 per annum + 25% Bonus + 10% Pension
Posted: 19 hours ago
London
Optima Connections
Salary: Unspecified Market Rate + Bonus + Benefits
Posted: 2 days ago
City, London
Best Practice Talent Solutions
Salary: From £55,000 to £75,000 per annum
Posted: 4 days ago
London
Lloyds Banking Group
Posted: 12 days ago
London
Lloyds Banking Group
Posted: 12 days ago