Period
to 27 January 2022

The table below looks at the prevalence of the term Banking in permanent job vacancies advertised in London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Banking over the 6 months to 27 January 2022 with a comparison to the same period over the previous 2 years.

Banking
England > London
6 months to
27 Jan 2022
Same period 2021 Same period 2020
Rank 44 27 29
Rank change year-on-year -17 +2 -8
Permanent jobs citing Banking 3,595 2,081 4,276
As % of all permanent jobs advertised in London 6.99% 8.53% 8.40%
As % of the General category 11.12% 14.76% 13.68%
Number of salaries quoted 2,401 1,779 3,399
10th Percentile £46,250 £52,500 £45,000
25th Percentile £60,000 £63,750 £57,500
Median annual salary (50th Percentile) £80,000 £77,500 £75,000
Median % change year-on-year +3.23% +3.33% +7.14%
75th Percentile £100,000 £96,250 £95,000
90th Percentile £123,750 £115,000 £120,000
England median annual salary £75,000 £75,500 £72,500
% change year-on-year -0.66% +4.14% +9.85%

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 London with a requirement for common skills.

All General Skills
London
Permanent vacancies with a requirement for common skills 32,320 14,102 31,259
As % of all permanent IT jobs advertised in London 62.86% 57.81% 61.38%
Number of salaries quoted 20,658 11,776 24,636
10th Percentile £41,000 £40,000 £35,000
25th Percentile £52,500 £52,500 £47,500
Median annual salary (50th Percentile) £70,000 £70,000 £65,000
Median % change year-on-year - +7.69% +4.00%
75th Percentile £92,500 £87,500 £85,000
90th Percentile £115,000 £108,750 £106,500
England median annual salary £60,000 £57,500 £55,000
% change year-on-year +4.35% +4.55% +4.76%

Banking
Job Vacancy Trend in London

Job postings citing Banking as a proportion of all IT jobs advertised in London.

Job vacancy trend for Banking in London

Banking
Salary Trend in London

3-month moving average salary quoted in jobs citing Banking in London.

Salary trend for Banking in London

Banking
Salary Histogram in London

Salary distribution for jobs citing Banking in London over the 6 months to 27 January 2022.

Salary histogram for Banking in London

Banking
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 within the London region over the 6 months to 27 January 2022. 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
Jobs
Central London -10 458 £75,000 -6.25% 176
East London +18 87 £67,500 -15.63% 34
South London -6 28 £60,000 +4.35% 7
West London -53 19 £70,000 - 38
Banking
England

For the 6 months to 27 January 2022, IT jobs citing 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 London region with a requirement for Banking.

1 2,442 (67.93%) Finance
2 1,393 (38.75%) Agile Software Development
3 946 (26.31%) Java
4 909 (25.29%) Social Skills
5 794 (22.09%) SQL
6 716 (19.92%) AWS
7 696 (19.36%) Python
8 654 (18.19%) DevOps
9 645 (17.94%) Investment Banking
10 620 (17.25%) Microservices
11 590 (16.41%) Fintech
12 558 (15.52%) Azure
13 537 (14.94%) Software Engineering
14 513 (14.27%) JavaScript
15 475 (13.21%) React
16 458 (12.74%) C#
17 455 (12.66%) Problem-Solving
18 440 (12.24%) Docker
19 438 (12.18%) CI/CD
20 425 (11.82%) Degree
21 404 (11.24%) Kubernetes
22 390 (10.85%) TDD
23 376 (10.46%) .NET
24 341 (9.49%) Analytics
25 334 (9.29%) Test Automation
26 326 (9.07%) Full Stack Development
27 315 (8.76%) Microsoft
28 301 (8.37%) Scrum
29 297 (8.26%) Inclusion and Diversity
30 293 (8.15%) Analytical Skills

Banking
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
1 111 (3.09%) Confluence
2 84 (2.34%) Apache Spark
3 70 (1.95%) CMS
4 41 (1.14%) SAS
5 36 (1.00%) Apache
6 33 (0.92%) Tomcat
7 26 (0.72%) SharePoint
8 21 (0.58%) JBoss
9 16 (0.45%) Elasticsearch
9 16 (0.45%) WebSphere
10 13 (0.36%) Camunda
10 13 (0.36%) MS Exchange
11 12 (0.33%) Skype for Business
12 11 (0.31%) WebLogic
13 9 (0.25%) IIS
13 9 (0.25%) Mule
14 8 (0.22%) Apache Airflow
15 7 (0.19%) Apache Pulsar
15 7 (0.19%) IBM HTTP Server
16 6 (0.17%) Oracle Workflow
Applications
1 100 (2.78%) Microsoft Excel
2 63 (1.75%) Microsoft Office
3 43 (1.20%) Microsoft PowerPoint
4 35 (0.97%) MS Visio
5 26 (0.72%) Sketch
6 19 (0.53%) Microsoft Project
7 16 (0.45%) InVision
8 13 (0.36%) Chatbot
8 13 (0.36%) Spreadsheet
9 6 (0.17%) Adobe Creative Suite
10 5 (0.14%) SPSS
11 2 (0.056%) Adobe Illustrator
11 2 (0.056%) Photoshop
12 1 (0.028%) Adobe XD
12 1 (0.028%) InDesign
Business Applications
1 23 (0.64%) Temenos T24
2 7 (0.19%) Oracle BPM
2 7 (0.19%) Payment Gateway
3 6 (0.17%) Eikon
3 6 (0.17%) Misys Midas
3 6 (0.17%) Oracle Assets
3 6 (0.17%) Oracle Payables
3 6 (0.17%) Refinitiv Enterprise Platform
4 5 (0.14%) Oracle Receivables
4 5 (0.14%) RMDS
5 4 (0.11%) Loan IQ
5 4 (0.11%) Oracle Procure-to-Pay
5 4 (0.11%) SAP Oil and Gas
5 4 (0.11%) SAP S/4HANA
5 4 (0.11%) Summit
6 3 (0.083%) Bloomberg TOMS
6 3 (0.083%) Sentinel
7 2 (0.056%) Actimize
7 2 (0.056%) Finacle
7 2 (0.056%) Oracle Cash Management
Cloud Services
1 716 (19.92%) AWS
2 558 (15.52%) Azure
3 282 (7.84%) GCP
4 210 (5.84%) Serverless
5 168 (4.67%) AWS Lambda
6 135 (3.76%) SaaS
7 111 (3.09%) Microsoft 365
8 109 (3.03%) GitHub
9 106 (2.95%) Amazon EC2
10 98 (2.73%) Power Platform
11 97 (2.70%) Amazon ECS
12 64 (1.78%) Cloud Computing
13 51 (1.42%) PaaS
14 49 (1.36%) AWS CloudFormation
15 48 (1.34%) Amazon S3
16 47 (1.31%) IaaS
17 36 (1.00%) dbt
18 34 (0.95%) Azure Functions
19 33 (0.92%) Stripe
20 31 (0.86%) Figma
Communications & Networking
1 80 (2.23%) Firewall
2 73 (2.03%) Internet
2 73 (2.03%) TCP/IP
3 55 (1.53%) WAN
4 51 (1.42%) DNS
5 46 (1.28%) LAN
6 40 (1.11%) Network Security
7 37 (1.03%) VPN
8 36 (1.00%) DHCP
9 35 (0.97%) IP Telephony
10 34 (0.95%) HTTP
11 28 (0.78%) FTP
12 24 (0.67%) Wireless
13 18 (0.50%) BGP
13 18 (0.50%) Cisco IOS
14 16 (0.45%) Multicast
15 14 (0.39%) SSL
16 13 (0.36%) MPLS
16 13 (0.36%) Skype
17 10 (0.28%) Unified Communications
Database & Business Intelligence
1 254 (7.07%) SQL Server
2 232 (6.45%) NoSQL
3 146 (4.06%) PostgreSQL
4 139 (3.87%) Data Warehouse
5 130 (3.62%) MongoDB
6 126 (3.50%) Relational Database
7 101 (2.81%) Amazon Aurora
8 94 (2.61%) Blockchain
8 94 (2.61%) Power BI
9 91 (2.53%) MySQL
10 90 (2.50%) Big Data
11 89 (2.48%) Amazon Athena
12 73 (2.03%) Tableau
13 72 (2.00%) SQL Server Reporting Services
14 59 (1.64%) RDBMS
14 59 (1.64%) SQL Server Analysis Services
15 52 (1.45%) SQL Server Integration Services
16 51 (1.42%) Data Lake
17 49 (1.36%) Oracle Database
18 39 (1.08%) Hadoop
Development Applications
1 259 (7.20%) Git (software)
2 232 (6.45%) Jenkins
3 206 (5.73%) JIRA
4 93 (2.59%) Maven
5 84 (2.34%) Selenium
6 72 (2.00%) Mockito
7 64 (1.78%) Gradle
8 50 (1.39%) TeamCity
9 47 (1.31%) Cypress.io
9 47 (1.31%) JUnit
10 36 (1.00%) Eclipse
10 36 (1.00%) webpack
11 35 (0.97%) IntelliJ
12 34 (0.95%) Bitbucket
13 33 (0.92%) Octopus Deploy
14 30 (0.83%) Cucumber
15 28 (0.78%) SonarQube
16 27 (0.75%) JMeter
16 27 (0.75%) Sonatype Nexus
17 26 (0.72%) Postman
General
1 2,442 (67.93%) Finance
2 909 (25.29%) Social Skills
3 645 (17.94%) Investment Banking
4 297 (8.26%) Inclusion and Diversity
5 293 (8.15%) Analytical Skills
6 281 (7.82%) Front Office
7 213 (5.92%) Retail
8 142 (3.95%) Retail Banking
9 138 (3.84%) Financial Institution
10 117 (3.25%) Marketing
11 115 (3.20%) Telecoms
12 95 (2.64%) Legal
13 84 (2.34%) Law
14 68 (1.89%) Back Office
15 62 (1.72%) Wholesale Banking
16 51 (1.42%) Presentation Skills
17 44 (1.22%) Corporate Banking
17 44 (1.22%) Police
18 42 (1.17%) Advertising
19 38 (1.06%) Private Banking
Job Titles
1 1,022 (28.43%) Developer
2 453 (12.60%) Analyst
3 354 (9.85%) Java Developer
4 334 (9.29%) Software Engineer
5 269 (7.48%) Architect
6 236 (6.56%) Senior Developer
7 165 (4.59%) Business Analyst
8 134 (3.73%) Data Engineer
9 132 (3.67%) Java Engineer
9 132 (3.67%) Project Manager
10 123 (3.42%) Banking Analyst
10 123 (3.42%) C# Developer
11 119 (3.31%) AWS Engineer
12 106 (2.95%) Solutions Architect
13 101 (2.81%) Python Developer
14 100 (2.78%) DevOps Engineer
15 99 (2.75%) Senior Software Engineer
16 96 (2.67%) Full Stack Developer
17 95 (2.64%) Consultant
18 92 (2.56%) Front End Developer (Client-Side Developer)
Libraries, Frameworks & Software Standards
1 475 (13.21%) React
2 376 (10.46%) .NET
3 269 (7.48%) Node.js
4 259 (7.20%) AngularJS
5 258 (7.18%) Kafka
6 239 (6.65%) Spring
7 234 (6.51%) REST
8 207 (5.76%) RESTful
9 204 (5.67%) HTML
10 185 (5.15%) CSS
11 174 (4.84%) Web Services
12 157 (4.37%) Spring Boot
13 124 (3.45%) gRPC
14 119 (3.31%) Redux
15 118 (3.28%) .NET Framework
16 109 (3.03%) HTML5
17 84 (2.34%) .NET Core
18 82 (2.28%) FIX Protocol
19 81 (2.25%) React Native
20 74 (2.06%) CSS3
Miscellaneous
1 233 (6.48%) Foreign Exchange (FX)
2 192 (5.34%) User Experience
3 153 (4.26%) Mobile App
4 149 (4.14%) Greenfield Project
5 148 (4.12%) Equities
5 148 (4.12%) Fixed Income
6 142 (3.95%) Hedge funds
7 138 (3.84%) Derivative
8 96 (2.67%) Credit Risk
9 89 (2.48%) Cloud Native
10 81 (2.25%) Blog
11 73 (2.03%) Pricing Data
12 66 (1.84%) Management Information System
13 61 (1.70%) Online Banking
13 61 (1.70%) Self-Motivation
14 56 (1.56%) Algorithms
15 52 (1.45%) Data Structures
15 52 (1.45%) Social Network
16 49 (1.36%) Public Cloud
17 48 (1.34%) Enterprise Software
Operating Systems
1 286 (7.96%) Linux
2 255 (7.09%) Windows
3 181 (5.03%) Unix
4 116 (3.23%) Android
5 97 (2.70%) Apple iOS
6 71 (1.97%) Windows Server
7 30 (0.83%) Red Hat Enterprise Linux
8 27 (0.75%) Windows 7
9 26 (0.72%) Windows 10
10 16 (0.45%) Ubuntu
11 15 (0.42%) Solaris
12 13 (0.36%) CentOS
12 13 (0.36%) Mac OS X
12 13 (0.36%) Windows 8
13 11 (0.31%) Mac OS
14 6 (0.17%) Mesosphere
14 6 (0.17%) Windows Server 2012
14 6 (0.17%) Windows Server 2016
15 5 (0.14%) Windows Server 2019
16 4 (0.11%) SUSE
Processes & Methodologies
1 1,393 (38.75%) Agile Software Development
2 654 (18.19%) DevOps
3 620 (17.25%) Microservices
4 590 (16.41%) Fintech
5 537 (14.94%) Software Engineering
6 455 (12.66%) Problem-Solving
7 438 (12.18%) CI/CD
8 390 (10.85%) TDD
9 341 (9.49%) Analytics
10 334 (9.29%) Test Automation
11 326 (9.07%) Full Stack Development
12 301 (8.37%) Scrum
13 292 (8.12%) Asset Management
14 282 (7.84%) Stakeholder Management
15 271 (7.54%) Computer Science
16 267 (7.43%) Data Science
17 262 (7.29%) Mentoring
18 239 (6.65%) Artificial Intelligence
19 236 (6.56%) SDLC
20 212 (5.90%) Project Management
Programming Languages
1 946 (26.31%) Java
2 794 (22.09%) SQL
3 696 (19.36%) Python
4 513 (14.27%) JavaScript
5 458 (12.74%) C#
6 280 (7.79%) TypeScript
7 138 (3.84%) Bash
7 138 (3.84%) PowerShell
8 133 (3.70%) Go
9 127 (3.53%) C++
10 94 (2.61%) Kotlin
11 91 (2.53%) Java 8
12 82 (2.28%) C
12 82 (2.28%) Scala
13 70 (1.95%) Shell Script
14 66 (1.84%) T-SQL
15 65 (1.81%) Rust
16 52 (1.45%) Groovy
17 49 (1.36%) Perl
18 45 (1.25%) ES6
Qualifications
1 425 (11.82%) Degree
2 106 (2.95%) Computer Science Degree
3 58 (1.61%) Numerate Degree
4 44 (1.22%) Master's Degree
5 29 (0.81%) Cisco Certification
6 26 (0.72%) PhD
7 24 (0.67%) CCNP
8 17 (0.47%) AWS Certification
9 16 (0.45%) CISSP
10 14 (0.39%) Microsoft Certification
11 13 (0.36%) CCNA
12 12 (0.33%) ISTQB
12 12 (0.33%) ITIL Certification
13 11 (0.31%) ISEB
14 10 (0.28%) PMI Certification
14 10 (0.28%) TOGAF Certification
15 8 (0.22%) ACCA
15 8 (0.22%) Network+ Certification
16 7 (0.19%) CISA
16 7 (0.19%) GSEC
Quality Assurance & Compliance
1 273 (7.59%) QA
2 103 (2.87%) Data Quality
3 77 (2.14%) ISO/IEC 27001
4 75 (2.09%) GDPR
5 54 (1.50%) Cyber Essentials
6 51 (1.42%) NIST
7 44 (1.22%) Cyber Essentials PLUS
7 44 (1.22%) EMIR
7 44 (1.22%) SLA
8 34 (0.95%) Accessibility
9 32 (0.89%) ISO 20022
9 32 (0.89%) MiFID
10 30 (0.83%) SEPA
11 27 (0.75%) PSD2
12 24 (0.67%) PMO
13 19 (0.53%) PCI DSS
14 16 (0.45%) GRC
15 13 (0.36%) COBIT
16 9 (0.25%) IASME
17 8 (0.22%) IFRS
System Software
1 440 (12.24%) Docker
2 134 (3.73%) Active Directory
3 56 (1.56%) VMware Infrastructure
4 22 (0.61%) vSphere
5 11 (0.31%) VMware ESXi
6 10 (0.28%) Virtual Machines
7 9 (0.25%) Hyper-V
8 7 (0.19%) Virtual Desktop
9 6 (0.17%) Apache Flume
10 5 (0.14%) XenApp
11 4 (0.11%) Veritas Cluster Server
12 3 (0.083%) HDFS
12 3 (0.083%) LXC
13 2 (0.056%) Apache ZooKeeper
13 2 (0.056%) Microsoft App-V
13 2 (0.056%) VMware NSX
13 2 (0.056%) VMware Workstation
14 1 (0.028%) BitLocker
14 1 (0.028%) Terminal Server
14 1 (0.028%) XenDesktop
Systems Management
1 404 (11.24%) Kubernetes
2 254 (7.07%) Terraform
3 133 (3.70%) Ansible
4 38 (1.06%) SCCM
5 37 (1.03%) Puppet
6 36 (1.00%) Prometheus
7 35 (0.97%) Opscode Chef
8 29 (0.81%) Grafana
9 17 (0.47%) Istio
10 13 (0.36%) McAfee ePO
10 13 (0.36%) Microsoft Intune
11 12 (0.33%) Oozie
11 12 (0.33%) SCOM
12 11 (0.31%) Control-M
13 8 (0.22%) NetBackup
13 8 (0.22%) PowerCLI
14 7 (0.19%) Fortio
14 7 (0.19%) Kiali
15 6 (0.17%) Automic
15 6 (0.17%) Consul
Vendors
1 315 (8.76%) Microsoft
2 211 (5.87%) Oracle
3 110 (3.06%) Google
4 85 (2.36%) Cisco
5 74 (2.06%) VMware
6 60 (1.67%) Bloomberg
7 56 (1.56%) Sybase
8 55 (1.53%) Red Hat
9 51 (1.42%) Murex
9 51 (1.42%) Salesforce.com
10 45 (1.25%) Citrix
11 37 (1.03%) IBM
12 35 (0.97%) Databricks
13 34 (0.95%) Reuters
14 32 (0.89%) Blue Prism
15 31 (0.86%) Splunk
16 30 (0.83%) Apple
17 28 (0.78%) Atlassian
18 24 (0.67%) Facebook
19 23 (0.64%) ServiceNow