Period
to 26 October 2020

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 26 October 2020 with a comparison to the same period over the previous 2 years.

Banking
England > London
6 months to
26 Oct 2020
Same period 2019 Same period 2018
Rank 25 25 21
Rank change year-on-year 0 -4 -15
Permanent jobs citing Banking 1,711 4,653 7,081
As % of all permanent jobs advertised in London 8.63% 8.57% 10.41%
As % of the General category 18.00% 17.83% 20.64%
Number of salaries quoted 1,528 3,795 5,122
Median annual salary £80,000 £75,000 £70,000
Median salary % change year-on-year +6.67% +7.14% +3.70%
10th Percentile £53,750 £43,750 £41,250
90th Percentile £122,500 £113,750 £105,000
England median annual salary £77,500 £70,000 £65,000
% change year-on-year +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 9,506 26,100 34,310
As % of all permanent IT jobs advertised in London 47.95% 48.06% 50.45%
Number of salaries quoted 7,844 20,579 26,841
Median annual salary £70,000 £65,000 £62,500
Median salary % change year-on-year +7.69% +4.00% +4.17%
10th Percentile £42,500 £36,250 £35,000
90th Percentile £115,000 £105,000 £97,500
England median annual salary £60,000 £55,000 £55,000
% change year-on-year +9.09% - +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 26 October 2020.

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 26 October 2020. 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 +4 349 £77,500 +6.90% 89
South London +30 14 £57,500 -13.21% 2
East London -12 7 £80,000 +14.29% 13
West London +34 3 £72,500 +45.00% 28
Banking
England

For the 6 months to 26 October 2020, 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 1,165 (68.09%) Finance
2 618 (36.12%) Agile Software Development
3 566 (33.08%) Java
4 476 (27.82%) AWS
5 458 (26.77%) Python
6 411 (24.02%) SQL
7 392 (22.91%) Azure
8 362 (21.16%) DevOps
9 358 (20.92%) Investment Banking
10 344 (20.11%) Asset Management
11 285 (16.66%) Fintech
12 283 (16.54%) JavaScript
13 258 (15.08%) GCP
14 239 (13.97%) Microservices
15 232 (13.56%) Front Office
16 229 (13.38%) Investment Management
17 226 (13.21%) Kubernetes
18 223 (13.03%) Hedge funds
19 222 (12.97%) Web Services
20 210 (12.27%) Software Engineering
21 193 (11.28%) Fixed Income
22 188 (10.99%) Docker
23 183 (10.70%) SQL Server
24 179 (10.46%) AngularJS
25 174 (10.17%) Analytics
25 174 (10.17%) Microsoft
25 174 (10.17%) Degree
26 168 (9.82%) React
27 163 (9.53%) Derivative
28 155 (9.06%) Mentoring

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
1 113 (6.60%) Apache
2 66 (3.86%) Apache Spark
3 47 (2.75%) Confluence
4 28 (1.64%) SharePoint
5 26 (1.52%) Elasticsearch
6 17 (0.99%) Tomcat
7 16 (0.94%) WebSphere
8 13 (0.76%) MS Exchange
8 13 (0.76%) SAS
9 11 (0.64%) MTS
10 9 (0.53%) Cloud Foundry
11 8 (0.47%) IIS
11 8 (0.47%) SharePoint 2013
12 5 (0.29%) Tornado
13 4 (0.23%) CMS
13 4 (0.23%) Exchange Server 2013
13 4 (0.23%) Oracle SOA Suite
13 4 (0.23%) WebLogic
14 3 (0.18%) JBoss
14 3 (0.18%) Skype for Business
Applications
1 27 (1.58%) Microsoft Excel
2 23 (1.34%) Microsoft Office
3 18 (1.05%) MS Visio
4 9 (0.53%) Sketch
5 8 (0.47%) Microsoft Project
6 7 (0.41%) InVision
7 6 (0.35%) Spreadsheet
8 4 (0.23%) Marvel
8 4 (0.23%) Microsoft PowerPoint
9 2 (0.12%) Photoshop
9 2 (0.12%) Zeplin
10 1 (0.058%) Adobe Creative Suite
10 1 (0.058%) Adobe Illustrator
10 1 (0.058%) Adobe XD
10 1 (0.058%) Figma
10 1 (0.058%) InfoPath
Business Applications
1 39 (2.28%) Dynamics CRM
2 10 (0.58%) Temenos T24
3 8 (0.47%) Loan IQ
3 8 (0.47%) Sentinel
4 6 (0.35%) IntelliMatch
5 4 (0.23%) Distributed Ledger
5 4 (0.23%) Payment Gateway
6 3 (0.18%) Endur
6 3 (0.18%) FINCAD Analytics
6 3 (0.18%) Findur
6 3 (0.18%) Oracle Cash Management
7 2 (0.12%) Eikon
7 2 (0.12%) Finacle
7 2 (0.12%) Misys Opics
7 2 (0.12%) SAP BPC
8 1 (0.058%) Actimize
8 1 (0.058%) Dynamics AX
8 1 (0.058%) NetSuite
8 1 (0.058%) Remedy ITSM
8 1 (0.058%) SunGard Martini
Cloud Services
1 476 (27.82%) AWS
2 392 (22.91%) Azure
3 258 (15.08%) GCP
4 142 (8.30%) Serverless
5 130 (7.60%) AWS Lambda
6 82 (4.79%) Amazon ECS
7 69 (4.03%) Apigee
8 63 (3.68%) Power Platform
9 50 (2.92%) Office 365
10 40 (2.34%) Dynamics 365
11 37 (2.16%) AWS CloudFormation
12 35 (2.05%) Amazon EC2
13 34 (1.99%) Amazon S3
13 34 (1.99%) SaaS
14 26 (1.52%) Cloud Computing
15 25 (1.46%) Azure Active Directory
16 15 (0.88%) GitHub
16 15 (0.88%) IaaS
17 14 (0.82%) Azure Functions
17 14 (0.82%) Firebase
Communications & Networking
1 81 (4.73%) Firewall
2 40 (2.34%) Network Security
3 33 (1.93%) TCP/IP
4 26 (1.52%) BGP
4 26 (1.52%) LAN
5 24 (1.40%) VPN
6 22 (1.29%) DNS
7 20 (1.17%) WAN
8 16 (0.94%) OSPF
9 13 (0.76%) Multicast
10 12 (0.70%) Internet
10 12 (0.70%) MPLS
11 11 (0.64%) Cisco ASA
11 11 (0.64%) DHCP
12 10 (0.58%) VLAN
13 9 (0.53%) EIGRP
13 9 (0.53%) SAN
13 9 (0.53%) SNMP
13 9 (0.53%) SSL
13 9 (0.53%) Wireshark
Database & Business Intelligence
1 183 (10.70%) SQL Server
2 145 (8.47%) Data Warehouse
3 107 (6.25%) Amazon Redshift
4 104 (6.08%) NoSQL
5 98 (5.73%) PostgreSQL
6 90 (5.26%) MySQL
7 75 (4.38%) Big Data
8 68 (3.97%) SQL Server Reporting Services
9 66 (3.86%) SQL Server Integration Services
10 56 (3.27%) Hadoop
11 38 (2.22%) Amazon DynamoDB
11 38 (2.22%) Relational Database
12 37 (2.16%) MongoDB
13 36 (2.10%) Tableau
14 35 (2.05%) Data Lake
15 34 (1.99%) Blockchain
15 34 (1.99%) Power BI
16 24 (1.40%) RDBMS
17 22 (1.29%) Apache Hive
18 18 (1.05%) BigQuery
Development Applications
1 134 (7.83%) Jenkins
2 112 (6.55%) Git (software)
3 81 (4.73%) GitLab
4 58 (3.39%) Artifactory
5 57 (3.33%) JIRA
6 42 (2.45%) Cucumber
7 38 (2.22%) Selenium
8 36 (2.10%) Visual Studio
9 32 (1.87%) Maven
10 29 (1.69%) webpack
11 25 (1.46%) TeamCity
12 14 (0.82%) JUnit
13 13 (0.76%) Atlassian Bamboo
13 13 (0.76%) Subversion
14 11 (0.64%) Bitbucket
14 11 (0.64%) Gradle
15 10 (0.58%) Sonatype Nexus
16 8 (0.47%) SonarQube
16 8 (0.47%) Team Foundation Server
17 5 (0.29%) Pylint
General
1 1,165 (68.09%) Finance
2 358 (20.92%) Investment Banking
3 232 (13.56%) Front Office
4 120 (7.01%) Back Office
5 84 (4.91%) Retail
6 78 (4.56%) Retail Banking
7 65 (3.80%) Private Banking
8 47 (2.75%) Financial Institution
9 44 (2.57%) Telecoms
10 35 (2.05%) Legal
11 32 (1.87%) Public Sector
12 28 (1.64%) Marketing
13 25 (1.46%) Law
14 24 (1.40%) Manufacturing
15 16 (0.94%) Automotive
15 16 (0.94%) French Language
15 16 (0.94%) Games
16 12 (0.70%) Advertising
16 12 (0.70%) Wholesale Banking
17 11 (0.64%) Digital Economy
Job Titles
1 506 (29.57%) Developer
2 153 (8.94%) Analyst
3 149 (8.71%) Java Developer
4 142 (8.30%) Architect
5 109 (6.37%) Software Engineer
6 87 (5.08%) Solutions Architect
7 86 (5.03%) Python Developer
8 85 (4.97%) Python Engineer
9 79 (4.62%) Senior Developer
10 77 (4.50%) Developer/Software Engineer
11 73 (4.27%) Cloud Architect
12 71 (4.15%) DevOps Engineer
13 67 (3.92%) Lead Developer
14 66 (3.86%) Network Engineer
15 62 (3.62%) AWS Architect
16 60 (3.51%) AWS Engineer
16 60 (3.51%) Data Architect
17 59 (3.45%) AWS Solutions Architect
17 59 (3.45%) Python Software Engineer
18 57 (3.33%) AWS Developer
Libraries, Frameworks & Software Standards
1 222 (12.97%) Web Services
2 179 (10.46%) AngularJS
3 168 (9.82%) React
4 143 (8.36%) .NET
5 117 (6.84%) Kafka
6 110 (6.43%) Spring
7 96 (5.61%) Vue.js
8 94 (5.49%) gRPC
9 88 (5.14%) HTML
10 86 (5.03%) CSS
11 69 (4.03%) Node.js
12 68 (3.97%) OAuth
12 68 (3.97%) XML
13 64 (3.74%) Swagger
14 57 (3.33%) ASP.NET
14 57 (3.33%) Redux
14 57 (3.33%) Spring Boot
15 56 (3.27%) REST
16 44 (2.57%) WCF
17 40 (2.34%) RESTful
Miscellaneous
1 223 (13.03%) Hedge funds
2 193 (11.28%) Fixed Income
3 163 (9.53%) Derivative
4 142 (8.30%) Foreign Exchange (FX)
5 104 (6.08%) Analytical Skills
6 102 (5.96%) Equities
7 74 (4.32%) Mobile App
8 57 (3.33%) User Experience
9 54 (3.16%) Greenfield Project
10 51 (2.98%) SWIFT
11 43 (2.51%) Management Information System
12 41 (2.40%) Cloud Native
13 40 (2.34%) Data Structures
13 40 (2.34%) Social Network
14 37 (2.16%) Algorithms
14 37 (2.16%) Mobile Banking
15 35 (2.05%) Data Centre
16 34 (1.99%) Market Risk
17 26 (1.52%) Cyber Kill Chain
18 23 (1.34%) Public Cloud
Operating Systems
1 143 (8.36%) Windows
2 110 (6.43%) Linux
3 90 (5.26%) Unix
4 56 (3.27%) Windows Server
5 40 (2.34%) Windows 10
6 37 (2.16%) Android
7 28 (1.64%) Apple iOS
8 20 (1.17%) Red Hat Enterprise Linux
9 16 (0.94%) Windows Server 2012
10 14 (0.82%) Windows Server 2016
11 10 (0.58%) Solaris
11 10 (0.58%) Windows 7
12 8 (0.47%) Windows Server 2008
13 7 (0.41%) Windows XP
14 5 (0.29%) AIX
15 2 (0.12%) CentOS
15 2 (0.12%) Debian
15 2 (0.12%) Mac OS
15 2 (0.12%) SUSE
15 2 (0.12%) Ubuntu
Processes & Methodologies
1 618 (36.12%) Agile Software Development
2 362 (21.16%) DevOps
3 344 (20.11%) Asset Management
4 285 (16.66%) Fintech
5 239 (13.97%) Microservices
6 229 (13.38%) Investment Management
7 210 (12.27%) Software Engineering
8 174 (10.17%) Analytics
9 155 (9.06%) Mentoring
10 143 (8.36%) Machine Learning
11 124 (7.25%) Scrum
12 119 (6.95%) OO
13 112 (6.55%) SDLC
14 102 (5.96%) Artificial Intelligence
15 99 (5.79%) Problem-Solving
16 96 (5.61%) TDD
17 91 (5.32%) Stakeholder Management
18 90 (5.26%) BDD
18 90 (5.26%) Information Security
19 87 (5.08%) Computer Science
Programming Languages
1 566 (33.08%) Java
2 458 (26.77%) Python
3 411 (24.02%) SQL
4 283 (16.54%) JavaScript
5 127 (7.42%) C#
6 110 (6.43%) Kotlin
7 85 (4.97%) Scala
8 73 (4.27%) PowerShell
9 58 (3.39%) C++
10 50 (2.92%) Go
10 50 (2.92%) Java 8
11 44 (2.57%) TypeScript
12 40 (2.34%) Bash Shell
13 36 (2.10%) Shell Script
13 36 (2.10%) T-SQL
14 35 (2.05%) C
15 29 (1.69%) R
16 28 (1.64%) Perl
17 17 (0.99%) Apple Swift
18 16 (0.94%) Ruby
Qualifications
1 174 (10.17%) Degree
2 62 (3.62%) Cisco Certification
3 50 (2.92%) Computer Science Degree
3 50 (2.92%) Sun Certification
4 36 (2.10%) CCNP
5 34 (1.99%) CISSP
6 22 (1.29%) CISM
7 21 (1.23%) PhD
8 18 (1.05%) ITIL Certification
9 17 (0.99%) CCNA
9 17 (0.99%) Master's Degree
10 15 (0.88%) (ISC)2 CCSP
11 13 (0.76%) Microsoft Certification
12 12 (0.70%) CCSP
13 11 (0.64%) CCIE
14 10 (0.58%) CISA
15 9 (0.53%) AWS Certification
15 9 (0.53%) CREST Certified
15 9 (0.53%) MCP
15 9 (0.53%) MCSA
Quality Assurance & Compliance
1 45 (2.63%) QA
2 35 (2.05%) NIST
3 24 (1.40%) EMIR
4 23 (1.34%) MiFID
5 19 (1.11%) Data Quality
6 18 (1.05%) ISO/IEC 27001
7 16 (0.94%) COBIT
8 15 (0.88%) SLA
9 14 (0.82%) Dodd-Frank
10 11 (0.64%) PSD2
11 10 (0.58%) GDPR
12 9 (0.53%) ISO 20022
12 9 (0.53%) PMO
13 8 (0.47%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
13 8 (0.47%) SEPA
14 4 (0.23%) TARGET2
15 3 (0.18%) ITGC
15 3 (0.18%) PCI DSS
15 3 (0.18%) Sarbanes-Oxley
16 1 (0.058%) ISO/IEC 20000
System Software
1 188 (10.99%) Docker
2 97 (5.67%) Active Directory
3 41 (2.40%) VMware Infrastructure
4 22 (1.29%) vSphere
5 13 (0.76%) VMware ESXi
6 8 (0.47%) Microsoft App-V
6 8 (0.47%) Virtual Machines
6 8 (0.47%) XenDesktop
7 7 (0.41%) XenApp
8 5 (0.29%) Hyper-V
9 4 (0.23%) VMware Workstation
10 2 (0.12%) Apache Flume
10 2 (0.12%) Firmware
10 2 (0.12%) VMware NSX
10 2 (0.12%) VMware Server
11 1 (0.058%) BIND 9
11 1 (0.058%) HDFS
11 1 (0.058%) LXC
11 1 (0.058%) Virtual Servers
11 1 (0.058%) zsh
Systems Management
1 226 (13.21%) Kubernetes
2 92 (5.38%) Terraform
3 83 (4.85%) Ansible
4 47 (2.75%) Puppet
5 37 (2.16%) Istio
5 37 (2.16%) Opscode Chef
5 37 (2.16%) SCCM
6 23 (1.34%) Microsoft Intune
7 13 (0.76%) SCOM
8 11 (0.64%) Single Sign-On
9 10 (0.58%) CSIRT
10 8 (0.47%) PowerCLI
11 7 (0.41%) vRealize
12 6 (0.35%) Prometheus
13 5 (0.29%) Tivoli
13 5 (0.29%) Tivoli Monitoring
14 4 (0.23%) Cisco CUCM
14 4 (0.23%) Grafana
14 4 (0.23%) Nagios
15 3 (0.18%) QRadar
Vendors
1 174 (10.17%) Microsoft
2 125 (7.31%) Google
3 104 (6.08%) Oracle
4 76 (4.44%) Cisco
5 61 (3.57%) VMware
6 41 (2.40%) Databricks
7 27 (1.58%) IBM
8 26 (1.52%) Bloomberg
9 24 (1.40%) CheckPoint
10 22 (1.29%) Palo Alto
11 20 (1.17%) Citrix
11 20 (1.17%) SAP
12 18 (1.05%) F5
13 17 (0.99%) Red Hat
14 16 (0.94%) Atlassian
14 16 (0.94%) Salesforce.com
15 14 (0.82%) Solace
16 13 (0.76%) Temenos
17 11 (0.64%) EMC
17 11 (0.64%) Informatica