Period
to 17 October 2021

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 17 October 2021 with a comparison to the same period over the previous 2 years.

Banking
England > London
6 months to
17 Oct 2021
Same period 2020 Same period 2019
Rank 44 26 25
Rank change year-on-year -18 -1 -3
Permanent jobs citing Banking 3,479 1,671 4,722
As % of all permanent jobs advertised in London 6.95% 8.64% 8.63%
As % of the General category 11.12% 14.80% 14.09%
Number of salaries quoted 2,343 1,402 3,764
10th Percentile £47,500 £52,625 £42,500
25th Percentile £62,500 £65,000 £55,000
Median annual salary (50th Percentile) £80,000 £80,000 £75,000
Median % change year-on-year - +6.67% +7.14%
75th Percentile £102,500 £103,750 £92,500
90th Percentile £120,000 £122,500 £113,750
England median annual salary £77,000 £77,500 £70,000
% change year-on-year -0.65% +10.71% +7.69%

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 31,285 11,290 33,503
As % of all permanent IT jobs advertised in London 62.52% 58.35% 61.24%
Number of salaries quoted 19,466 9,412 26,509
10th Percentile £41,250 £41,250 £34,250
25th Percentile £52,500 £52,500 £46,250
Median annual salary (50th Percentile) £70,000 £70,000 £65,000
Median % change year-on-year - +7.69% +4.00%
75th Percentile £90,000 £89,531 £83,750
90th Percentile £110,000 £115,000 £101,250
England median annual salary £57,500 £57,500 £53,638
% change year-on-year - +7.20% +3.15%

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 17 October 2021.

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 17 October 2021. 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 -6 462 £75,000 -6.25% 180
East London +22 78 £70,000 -12.50% 21
South London -17 24 £60,000 +4.35% 14
West London -71 12 £65,000 -10.34% 37
North London - 1 - - 5
Banking
England

For the 6 months to 17 October 2021, 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 2,474 (71.11%) Finance
2 1,369 (39.35%) Agile Software Development
3 1,052 (30.24%) Java
4 901 (25.90%) SQL
5 850 (24.43%) Social Skills
6 823 (23.66%) Python
7 802 (23.05%) AWS
8 698 (20.06%) Software Engineering
9 696 (20.01%) Fintech
10 693 (19.92%) Investment Banking
11 668 (19.20%) Microservices
12 568 (16.33%) DevOps
13 561 (16.13%) JavaScript
14 558 (16.04%) Azure
15 490 (14.08%) Docker
16 460 (13.22%) Test Automation
17 449 (12.91%) React
18 445 (12.79%) Kubernetes
19 424 (12.19%) C#
20 420 (12.07%) TDD
21 395 (11.35%) Problem-Solving
22 389 (11.18%) Asset Management
23 373 (10.72%) Linux
24 357 (10.26%) Degree
25 349 (10.03%) Web Services
26 343 (9.86%) .NET
27 337 (9.69%) Node.js
28 330 (9.49%) Serverless
29 326 (9.37%) Analytics
30 322 (9.26%) Kafka

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
1 106 (3.05%) Confluence
2 87 (2.50%) Apache Spark
3 64 (1.84%) Elasticsearch
4 47 (1.35%) CMS
5 38 (1.09%) SAS
6 31 (0.89%) Apache
7 24 (0.69%) Oracle Coherence
7 24 (0.69%) SharePoint
8 17 (0.49%) Tomcat
9 15 (0.43%) MS Exchange
10 13 (0.37%) IIS
11 11 (0.32%) IBM HTTP Server
12 10 (0.29%) Oracle SOA Suite
13 9 (0.26%) Apache Airflow
13 9 (0.26%) DataSynapse
13 9 (0.26%) Skype for Business
14 8 (0.23%) WebSphere
15 7 (0.20%) Exchange Server 2007
16 5 (0.14%) MQSeries
16 5 (0.14%) Mule
Applications
1 92 (2.64%) Microsoft Excel
2 91 (2.62%) Microsoft Office
3 43 (1.24%) Microsoft PowerPoint
4 30 (0.86%) Figma
5 23 (0.66%) MS Visio
5 23 (0.66%) Sketch
6 18 (0.52%) Spreadsheet
7 14 (0.40%) InVision
8 9 (0.26%) Chatbot
9 6 (0.17%) SPSS
10 5 (0.14%) Microsoft Project
10 5 (0.14%) Photoshop
11 4 (0.11%) Adobe Illustrator
12 3 (0.086%) Adobe Creative Suite
12 3 (0.086%) Adobe XD
13 2 (0.057%) Adobe After Effects
13 2 (0.057%) InDesign
13 2 (0.057%) InfoPath
14 1 (0.029%) EViews
14 1 (0.029%) Marvel
Business Applications
1 18 (0.52%) Distributed Ledger
2 12 (0.34%) Summit
3 9 (0.26%) Temenos T24
4 8 (0.23%) Oracle Assets
4 8 (0.23%) Oracle Payables
4 8 (0.23%) Oracle Receivables
4 8 (0.23%) Payment Gateway
5 7 (0.20%) Oracle BPM
5 7 (0.20%) Oracle Cash Management
5 7 (0.20%) Refinitiv Enterprise Platform
5 7 (0.20%) Sentinel
6 5 (0.14%) Eikon
6 5 (0.14%) RMDS
7 4 (0.11%) Oracle Procure-to-Pay
8 3 (0.086%) Bloomberg AIM
8 3 (0.086%) Elite 3E
8 3 (0.086%) Misys Midas
8 3 (0.086%) Temenos Globus
8 3 (0.086%) thinkFolio
9 2 (0.057%) IBM Planning Analytics
Cloud Services
1 802 (23.05%) AWS
2 558 (16.04%) Azure
3 330 (9.49%) Serverless
4 298 (8.57%) GCP
5 265 (7.62%) AWS Lambda
6 199 (5.72%) Amazon ECS
7 178 (5.12%) SaaS
8 166 (4.77%) Amazon EC2
9 153 (4.40%) GitHub
10 83 (2.39%) Microsoft 365
11 78 (2.24%) Power Platform
12 56 (1.61%) Cloud Computing
13 51 (1.47%) Amazon S3
14 47 (1.35%) PaaS
15 39 (1.12%) OpenShift
16 36 (1.03%) AWS CloudFormation
17 35 (1.01%) Azure Functions
18 33 (0.95%) Amazon SQS
19 31 (0.89%) IaaS
20 25 (0.72%) npm
Communications & Networking
1 79 (2.27%) Firewall
2 76 (2.18%) Internet
3 68 (1.95%) WAN
4 61 (1.75%) TCP/IP
5 59 (1.70%) LAN
6 42 (1.21%) DNS
7 35 (1.01%) DHCP
8 32 (0.92%) FTP
9 29 (0.83%) HTTP
10 24 (0.69%) Wireless
11 23 (0.66%) Network Security
12 21 (0.60%) IP Telephony
12 21 (0.60%) VPN
13 18 (0.52%) Cisco IOS
14 14 (0.40%) SMS
14 14 (0.40%) SSL
15 12 (0.34%) FIX Connectivity
16 11 (0.32%) Skype
17 10 (0.29%) IPsec
18 9 (0.26%) Wireshark
Database & Business Intelligence
1 273 (7.85%) PostgreSQL
2 210 (6.04%) NoSQL
2 210 (6.04%) SQL Server
3 196 (5.63%) Amazon Aurora
4 195 (5.61%) Relational Database
5 146 (4.20%) Amazon Athena
6 121 (3.48%) Big Data
6 121 (3.48%) MongoDB
7 114 (3.28%) Data Warehouse
8 93 (2.67%) MySQL
9 83 (2.39%) Redis
10 74 (2.13%) Power BI
10 74 (2.13%) RDBMS
11 53 (1.52%) Tableau
12 52 (1.49%) SQL Server Reporting Services
13 50 (1.44%) Amazon DynamoDB
14 49 (1.41%) Hadoop
15 48 (1.38%) Blockchain
16 47 (1.35%) Oracle Database
17 43 (1.24%) SQL Server Integration Services
Development Applications
1 280 (8.05%) Git (software)
2 230 (6.61%) JIRA
3 221 (6.35%) Jenkins
4 115 (3.31%) Maven
5 85 (2.44%) Selenium
6 78 (2.24%) Gradle
7 69 (1.98%) IntelliJ
8 66 (1.90%) TeamCity
9 58 (1.67%) Cypress.io
10 56 (1.61%) Bitbucket
11 54 (1.55%) Mockito
12 50 (1.44%) git-flow
13 48 (1.38%) JUnit
14 38 (1.09%) GitLab
15 37 (1.06%) Eclipse
16 34 (0.98%) Sonatype Nexus
17 33 (0.95%) SonarQube
18 32 (0.92%) Babel
18 32 (0.92%) Bitbucket Server
19 31 (0.89%) JMeter
General
1 2,474 (71.11%) Finance
2 850 (24.43%) Social Skills
3 693 (19.92%) Investment Banking
4 314 (9.03%) Front Office
5 250 (7.19%) Analytical Skills
6 214 (6.15%) Retail
7 163 (4.69%) Inclusion and Diversity
8 154 (4.43%) Retail Banking
9 141 (4.05%) Financial Institution
10 89 (2.56%) Telecoms
11 77 (2.21%) Back Office
12 75 (2.16%) Presentation Skills
13 68 (1.95%) Legal
14 66 (1.90%) Law
15 57 (1.64%) Marketing
16 43 (1.24%) Organisational Skills
17 36 (1.03%) Influencing Skills
18 34 (0.98%) Billing
18 34 (0.98%) Games
19 33 (0.95%) Private Banking
Job Titles
1 1,095 (31.47%) Developer
2 471 (13.54%) Software Engineer
3 422 (12.13%) Analyst
4 413 (11.87%) Java Developer
5 239 (6.87%) Senior Developer
6 199 (5.72%) AWS Engineer
7 167 (4.80%) Business Analyst
8 155 (4.46%) AWS Software Engineer
9 145 (4.17%) Java Engineer
10 141 (4.05%) Architect
11 131 (3.77%) Python Engineer
12 129 (3.71%) Developer/Software Engineer
13 126 (3.62%) Data Engineer
14 121 (3.48%) Java Software Engineer
14 121 (3.48%) Python Developer
15 120 (3.45%) AWS Developer
16 115 (3.31%) Consultant
16 115 (3.31%) Senior Software Engineer
17 114 (3.28%) Full Stack Developer
18 110 (3.16%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 449 (12.91%) React
2 349 (10.03%) Web Services
3 343 (9.86%) .NET
4 337 (9.69%) Node.js
5 322 (9.26%) Kafka
6 274 (7.88%) AngularJS
7 271 (7.79%) REST
8 265 (7.62%) Spring
9 250 (7.19%) gRPC
10 224 (6.44%) HTML
11 184 (5.29%) CSS
12 182 (5.23%) RESTful
13 167 (4.80%) Spring Boot
14 130 (3.74%) .NET Framework
15 124 (3.56%) GraphQL
16 120 (3.45%) React Native
17 118 (3.39%) HTML5
18 113 (3.25%) Redux
19 111 (3.19%) JSON
20 107 (3.08%) .NET Core
Miscellaneous
1 234 (6.73%) Hedge funds
2 218 (6.27%) User Experience
3 197 (5.66%) Foreign Exchange (FX)
4 184 (5.29%) Derivative
5 176 (5.06%) Fixed Income
6 160 (4.60%) Equities
7 158 (4.54%) Pricing Data
8 145 (4.17%) Mobile App
9 93 (2.67%) Cloud Native
9 93 (2.67%) Credit Risk
9 93 (2.67%) Self-Motivation
10 90 (2.59%) Algorithms
10 90 (2.59%) Virtual Team
11 76 (2.18%) Management Information System
12 75 (2.16%) Legacy Systems
13 67 (1.93%) Greenfield Project
14 62 (1.78%) Blog
15 56 (1.61%) Market Risk
16 51 (1.47%) Data Structures
17 48 (1.38%) Online Banking
Operating Systems
1 373 (10.72%) Linux
2 273 (7.85%) Windows
3 197 (5.66%) Unix
4 110 (3.16%) Android
5 95 (2.73%) Apple iOS
6 61 (1.75%) Windows Server
7 31 (0.89%) Windows 10
8 27 (0.78%) Windows 7
9 20 (0.57%) Ubuntu
10 19 (0.55%) Red Hat Enterprise Linux
11 18 (0.52%) Mesosphere
12 16 (0.46%) CentOS
13 15 (0.43%) Mac OS X
13 15 (0.43%) Windows 8
14 13 (0.37%) Solaris
15 12 (0.34%) Windows Server 2012
16 10 (0.29%) Windows Server 2016
17 8 (0.23%) Windows Server 2008
18 7 (0.20%) SUSE
19 6 (0.17%) Mac OS
Processes & Methodologies
1 1,369 (39.35%) Agile Software Development
2 698 (20.06%) Software Engineering
3 696 (20.01%) Fintech
4 668 (19.20%) Microservices
5 568 (16.33%) DevOps
6 460 (13.22%) Test Automation
7 420 (12.07%) TDD
8 395 (11.35%) Problem-Solving
9 389 (11.18%) Asset Management
10 326 (9.37%) Analytics
11 315 (9.05%) Full Stack Development
12 278 (7.99%) Artificial Intelligence
13 276 (7.93%) Scrum
14 275 (7.90%) Data Science
15 272 (7.82%) Computer Science
16 270 (7.76%) SDLC
17 257 (7.39%) Stakeholder Management
18 249 (7.16%) Project Delivery
19 240 (6.90%) Data Management
20 237 (6.81%) Machine Learning
Programming Languages
1 1,052 (30.24%) Java
2 901 (25.90%) SQL
3 823 (23.66%) Python
4 561 (16.13%) JavaScript
5 424 (12.19%) C#
6 296 (8.51%) TypeScript
7 143 (4.11%) C++
8 129 (3.71%) Kotlin
9 107 (3.08%) Go
10 104 (2.99%) Bash Shell
11 103 (2.96%) Ruby
12 98 (2.82%) PowerShell
13 95 (2.73%) C
14 84 (2.41%) Java 8
15 79 (2.27%) Scala
16 70 (2.01%) Shell Script
17 66 (1.90%) Perl
18 57 (1.64%) Rust
19 48 (1.38%) T-SQL
20 43 (1.24%) Apple Swift
Qualifications
1 357 (10.26%) Degree
2 116 (3.33%) Computer Science Degree
3 52 (1.49%) Numerate Degree
4 42 (1.21%) PhD
5 38 (1.09%) Cisco Certification
6 37 (1.06%) Master's Degree
7 28 (0.80%) CCNP
8 27 (0.78%) Microsoft Certification
9 21 (0.60%) AWS Certification
9 21 (0.60%) CCNA
10 18 (0.52%) CISSP
11 14 (0.40%) ITIL Certification
11 14 (0.40%) MCSE
12 11 (0.32%) Security Cleared
13 10 (0.29%) SC Cleared
14 9 (0.26%) CISA
14 9 (0.26%) ISEB
14 9 (0.26%) MCP
14 9 (0.26%) PMI Certification
15 8 (0.23%) ACCA
Quality Assurance & Compliance
1 304 (8.74%) QA
2 72 (2.07%) PSD2
3 48 (1.38%) Data Quality
4 42 (1.21%) GDPR
5 40 (1.15%) ISO/IEC 27001
6 39 (1.12%) PMO
7 38 (1.09%) SLA
8 36 (1.03%) MiFID
9 31 (0.89%) NIST
10 30 (0.86%) EMIR
11 25 (0.72%) Accessibility
12 21 (0.60%) PCI DSS
13 14 (0.40%) Cyber Essentials
14 12 (0.34%) GRC
15 11 (0.32%) COBIT
16 9 (0.26%) IASME
17 8 (0.23%) ISO 22301
18 7 (0.20%) IFRS
19 6 (0.17%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
19 6 (0.17%) Solvency II
System Software
1 490 (14.08%) Docker
2 83 (2.39%) Active Directory
3 53 (1.52%) VMware Infrastructure
4 22 (0.63%) Virtual Machines
5 17 (0.49%) vSphere
6 14 (0.40%) VMware ESXi
7 12 (0.34%) HDFS
8 6 (0.17%) Hyper-V
9 5 (0.14%) Veritas Cluster Server
9 5 (0.14%) Virtual Desktop
10 4 (0.11%) VMware NSX
11 3 (0.086%) DFS Replication
11 3 (0.086%) XenApp
12 2 (0.057%) Apache ZooKeeper
12 2 (0.057%) vCloud
12 2 (0.057%) VMware Workstation
13 1 (0.029%) Apache Flume
13 1 (0.029%) BitLocker
13 1 (0.029%) Microsoft App-V
13 1 (0.029%) XenDesktop
Systems Management
1 445 (12.79%) Kubernetes
2 225 (6.47%) Terraform
3 119 (3.42%) Ansible
4 71 (2.04%) Prometheus
5 44 (1.26%) Puppet
6 40 (1.15%) Opscode Chef
7 31 (0.89%) SCCM
8 27 (0.78%) Grafana
9 21 (0.60%) Kibana
10 18 (0.52%) Automic
11 17 (0.49%) FortiGate
12 13 (0.37%) Control-M
13 12 (0.34%) ITRS Geneos
13 12 (0.34%) SCOM
14 10 (0.29%) Consul
14 10 (0.29%) Oozie
15 9 (0.26%) logstash
16 8 (0.23%) McAfee ePO
17 7 (0.20%) NetBackup
17 7 (0.20%) PowerCLI
Vendors
1 255 (7.33%) Microsoft
2 254 (7.30%) Oracle
3 144 (4.14%) Google
4 102 (2.93%) Cisco
5 79 (2.27%) Sybase
6 76 (2.18%) Bloomberg
7 66 (1.90%) VMware
8 54 (1.55%) Salesforce.com
9 52 (1.49%) Murex
10 42 (1.21%) Citrix
11 41 (1.18%) Red Hat
12 39 (1.12%) Fidessa
12 39 (1.12%) Reuters
13 34 (0.98%) Apple
14 33 (0.95%) Informatica
14 33 (0.95%) Splunk
15 32 (0.92%) IBM
16 30 (0.86%) Alteryx
17 26 (0.75%) Atlassian
18 24 (0.69%) Spotify