Period
to 25 July 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 25 July 2021 with a comparison to the same period over the previous 2 years.

Banking
England > London
6 months to
25 Jul 2021
Same period 2020 Same period 2019
Rank 40 29 24
Rank change year-on-year -11 -5 -3
Permanent jobs citing Banking 3,295 2,401 5,222
As % of all permanent jobs advertised in London 7.35% 8.17% 9.09%
As % of the General category 11.90% 13.52% 14.67%
Number of salaries quoted 2,286 1,954 4,266
10th Percentile £50,000 £51,250 £42,500
25th Percentile £65,000 £63,375 £55,000
Median annual salary (50th Percentile) £82,500 £80,000 £72,500
Median % change year-on-year +3.13% +10.34% +3.57%
75th Percentile £102,500 £105,000 £90,000
90th Percentile £120,000 £125,875 £107,500
England median annual salary £77,500 £77,000 £69,000
% change year-on-year +0.65% +11.59% +6.15%

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 27,682 17,764 35,602
As % of all permanent IT jobs advertised in London 61.79% 60.43% 61.94%
Number of salaries quoted 17,577 14,257 28,374
10th Percentile £41,250 £38,650 £34,292
25th Percentile £52,500 £50,000 £46,750
Median annual salary (50th Percentile) £70,000 £70,000 £65,000
Median % change year-on-year - +7.69% +8.33%
75th Percentile £90,000 £87,500 £82,500
90th Percentile £110,000 £110,000 £100,000
England median annual salary £57,500 £55,412 £52,500
% change year-on-year +3.77% +5.55% +5.00%

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 25 July 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 25 July 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 +4 503 £82,500 +6.45% 137
East London +17 33 £75,000 +11.11% 33
South London -11 11 £45,000 -21.74% 2
West London -19 10 £62,500 -13.79% 41
North London +10 1 - -
Banking
England

For the 6 months to 25 July 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 2,306 (69.98%) Finance
2 1,356 (41.15%) Agile Software Development
3 1,079 (32.75%) Java
4 828 (25.13%) SQL
5 795 (24.13%) AWS
6 779 (23.64%) Python
7 736 (22.34%) Social Skills
8 725 (22.00%) Fintech
9 657 (19.94%) Microservices
10 643 (19.51%) Investment Banking
11 607 (18.42%) Software Engineering
12 579 (17.57%) DevOps
13 566 (17.18%) JavaScript
14 531 (16.12%) Azure
15 517 (15.69%) Kubernetes
16 510 (15.48%) Docker
17 403 (12.23%) React
18 397 (12.05%) Test Automation
19 393 (11.93%) TDD
20 381 (11.56%) Linux
21 372 (11.29%) Asset Management
22 368 (11.17%) Problem-Solving
23 366 (11.11%) GCP
24 355 (10.77%) PostgreSQL
25 353 (10.71%) Analytics
26 337 (10.23%) Kafka
27 329 (9.98%) C#
28 324 (9.83%) Front Office
29 302 (9.17%) Git (software)
30 299 (9.07%) Node.js

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
1 116 (3.52%) Confluence
2 87 (2.64%) Apache Spark
3 76 (2.31%) Elasticsearch
4 52 (1.58%) SharePoint
5 37 (1.12%) CMS
6 36 (1.09%) SAS
7 23 (0.70%) Apache
8 22 (0.67%) Oracle Coherence
9 18 (0.55%) MS Exchange
9 18 (0.55%) Tomcat
10 16 (0.49%) Apache Airflow
10 16 (0.49%) Oracle SOA Suite
11 11 (0.33%) Exchange Server 2010
11 11 (0.33%) IIS
12 10 (0.30%) CICS
13 9 (0.27%) DataSynapse
13 9 (0.27%) JBoss
14 8 (0.24%) Exchange Server 2007
14 8 (0.24%) WebSphere
15 7 (0.21%) Skype for Business
Applications
1 82 (2.49%) Microsoft Excel
2 77 (2.34%) Microsoft Office
3 44 (1.34%) Microsoft PowerPoint
4 32 (0.97%) Figma
5 22 (0.67%) MS Visio
6 17 (0.52%) Spreadsheet
7 14 (0.42%) InVision
8 13 (0.39%) Sketch
9 7 (0.21%) Chatbot
10 5 (0.15%) Microsoft Project
11 4 (0.12%) Photoshop
12 3 (0.091%) Adobe XD
12 3 (0.091%) InDesign
13 2 (0.061%) Adobe After Effects
13 2 (0.061%) Adobe Creative Suite
13 2 (0.061%) Adobe Illustrator
13 2 (0.061%) InfoPath
13 2 (0.061%) Marvel
14 1 (0.030%) EViews
14 1 (0.030%) SPSS
Business Applications
1 23 (0.70%) Dynamics CRM
2 21 (0.64%) Distributed Ledger
3 15 (0.46%) Summit
4 11 (0.33%) Oracle BPM
5 9 (0.27%) Sentinel
6 7 (0.21%) Oracle Assets
6 7 (0.21%) Oracle Cash Management
6 7 (0.21%) Oracle Payables
6 7 (0.21%) Oracle Receivables
6 7 (0.21%) Temenos T24
7 4 (0.12%) Dynamics AX
7 4 (0.12%) Misys Midas
7 4 (0.12%) Oracle Procure-to-Pay
7 4 (0.12%) SAP ERP
8 3 (0.091%) Bloomberg AIM
8 3 (0.091%) Eikon
8 3 (0.091%) Elite 3E
8 3 (0.091%) NetSuite
8 3 (0.091%) thinkFolio
9 2 (0.061%) SAP S/4HANA
Cloud Services
1 795 (24.13%) AWS
2 531 (16.12%) Azure
3 366 (11.11%) GCP
4 242 (7.34%) Serverless
5 200 (6.07%) AWS Lambda
6 168 (5.10%) SaaS
7 159 (4.83%) Amazon ECS
8 134 (4.07%) Amazon EC2
9 106 (3.22%) GitHub
10 87 (2.64%) Power Platform
11 58 (1.76%) PaaS
12 55 (1.67%) Microsoft 365
13 46 (1.40%) OpenShift
14 42 (1.27%) Cloud Computing
15 36 (1.09%) Amazon S3
15 36 (1.09%) IaaS
16 31 (0.94%) AWS CloudFormation
17 30 (0.91%) Firebase
18 28 (0.85%) Azure Functions
19 26 (0.79%) Amazon EKS
Communications & Networking
1 57 (1.73%) Internet
2 46 (1.40%) Firewall
3 42 (1.27%) TCP/IP
4 41 (1.24%) LAN
4 41 (1.24%) WAN
5 39 (1.18%) DNS
6 22 (0.67%) DHCP
7 19 (0.58%) FTP
8 18 (0.55%) Network Security
9 14 (0.42%) FIX Connectivity
9 14 (0.42%) VPN
10 13 (0.39%) SMS
11 12 (0.36%) HTTP
12 10 (0.30%) SSH
13 9 (0.27%) SAN
13 9 (0.27%) Wireshark
14 8 (0.24%) IPsec
14 8 (0.24%) Skype
14 8 (0.24%) Wireless
15 7 (0.21%) BGP
Database & Business Intelligence
1 355 (10.77%) PostgreSQL
2 257 (7.80%) Relational Database
3 179 (5.43%) SQL Server
4 176 (5.34%) NoSQL
5 161 (4.89%) Amazon Aurora
6 127 (3.85%) MySQL
7 126 (3.82%) RDBMS
8 116 (3.52%) Big Data
9 114 (3.46%) MongoDB
10 92 (2.79%) Data Warehouse
11 83 (2.52%) Redis
12 70 (2.12%) Power BI
13 68 (2.06%) Amazon Athena
13 68 (2.06%) Hadoop
14 53 (1.61%) DB2
15 45 (1.37%) SQL Server Integration Services
15 45 (1.37%) SQL Server Reporting Services
15 45 (1.37%) Tableau
16 41 (1.24%) Blockchain
17 37 (1.12%) Oracle Database
Development Applications
1 302 (9.17%) Git (software)
2 253 (7.68%) Jenkins
3 224 (6.80%) JIRA
4 115 (3.49%) Maven
5 97 (2.94%) Gradle
6 87 (2.64%) Selenium
7 59 (1.79%) TeamCity
8 58 (1.76%) IntelliJ
9 57 (1.73%) JUnit
10 53 (1.61%) Cucumber
11 51 (1.55%) SonarQube
12 50 (1.52%) Bitbucket
13 46 (1.40%) Artifactory
13 46 (1.40%) Mockito
14 45 (1.37%) Cypress.io
15 43 (1.31%) Eclipse
16 42 (1.27%) git-flow
17 35 (1.06%) Babel
17 35 (1.06%) Visual Studio
18 32 (0.97%) Bitbucket Server
General
1 2,306 (69.98%) Finance
2 736 (22.34%) Social Skills
3 643 (19.51%) Investment Banking
4 324 (9.83%) Front Office
5 237 (7.19%) Retail
6 220 (6.68%) Analytical Skills
7 137 (4.16%) Financial Institution
8 135 (4.10%) Retail Banking
9 130 (3.95%) Inclusion and Diversity
10 82 (2.49%) Back Office
11 80 (2.43%) Presentation Skills
12 73 (2.22%) Telecoms
13 47 (1.43%) Legal
14 46 (1.40%) Organisational Skills
15 43 (1.31%) Private Banking
16 39 (1.18%) Marketing
17 38 (1.15%) Billing
17 38 (1.15%) Influencing Skills
17 38 (1.15%) Public Sector
18 33 (1.00%) Law
Job Titles
1 1,103 (33.47%) Developer
2 443 (13.44%) Java Developer
3 387 (11.75%) Software Engineer
4 355 (10.77%) Analyst
5 203 (6.16%) Senior Developer
6 169 (5.13%) AWS Engineer
7 164 (4.98%) Business Analyst
8 145 (4.40%) Architect
9 136 (4.13%) Java Engineer
10 132 (4.01%) AWS Software Engineer
11 121 (3.67%) AWS Developer
12 119 (3.61%) Consultant
13 112 (3.40%) Developer/Software Engineer
14 111 (3.37%) Full Stack Developer
15 106 (3.22%) DevOps Engineer
15 106 (3.22%) Python Developer
16 102 (3.10%) Java Software Engineer
17 101 (3.07%) Python Engineer
18 91 (2.76%) Senior Java Developer
18 91 (2.76%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 403 (12.23%) React
2 337 (10.23%) Kafka
3 299 (9.07%) Node.js
4 288 (8.74%) HTML
4 288 (8.74%) Web Services
5 278 (8.44%) AngularJS
6 274 (8.32%) .NET
7 262 (7.95%) Spring
8 257 (7.80%) gRPC
9 255 (7.74%) REST
10 229 (6.95%) CSS
11 174 (5.28%) RESTful
12 158 (4.80%) Spring Boot
13 155 (4.70%) HTML5
14 117 (3.55%) GraphQL
15 108 (3.28%) JSON
16 103 (3.13%) Middleware
17 101 (3.07%) .NET Core
18 100 (3.03%) CSS3
18 100 (3.03%) XML
Miscellaneous
1 235 (7.13%) User Experience
2 225 (6.83%) Hedge funds
3 216 (6.56%) Derivative
4 203 (6.16%) Fixed Income
5 202 (6.13%) Foreign Exchange (FX)
6 177 (5.37%) Equities
7 131 (3.98%) Pricing Data
8 122 (3.70%) Mobile App
9 109 (3.31%) Cloud Native
10 96 (2.91%) Legacy Systems
11 90 (2.73%) Self-Motivation
12 89 (2.70%) Virtual Team
13 87 (2.64%) Algorithms
14 83 (2.52%) Greenfield Project
15 78 (2.37%) Market Risk
16 69 (2.09%) Credit Risk
17 65 (1.97%) Public Cloud
18 58 (1.76%) Management Information System
19 57 (1.73%) Enterprise Software
20 54 (1.64%) Mobile Banking
Operating Systems
1 381 (11.56%) Linux
2 224 (6.80%) Windows
3 191 (5.80%) Unix
4 85 (2.58%) Android
5 71 (2.15%) Apple iOS
6 48 (1.46%) Windows Server
7 32 (0.97%) Red Hat Enterprise Linux
8 29 (0.88%) Windows 10
9 27 (0.82%) Solaris
10 19 (0.58%) Ubuntu
11 16 (0.49%) Windows Server 2016
12 14 (0.42%) CentOS
12 14 (0.42%) Windows Server 2012
13 13 (0.39%) Windows 7
14 10 (0.30%) Mesosphere
15 9 (0.27%) Windows Server 2008
16 5 (0.15%) Oracle Linux
17 4 (0.12%) SUSE
17 4 (0.12%) Windows XP
18 3 (0.091%) Debian
Processes & Methodologies
1 1,356 (41.15%) Agile Software Development
2 725 (22.00%) Fintech
3 657 (19.94%) Microservices
4 607 (18.42%) Software Engineering
5 579 (17.57%) DevOps
6 397 (12.05%) Test Automation
7 393 (11.93%) TDD
8 372 (11.29%) Asset Management
9 368 (11.17%) Problem-Solving
10 353 (10.71%) Analytics
11 271 (8.22%) Machine Learning
12 269 (8.16%) SDLC
13 261 (7.92%) Scrum
14 238 (7.22%) Stakeholder Management
15 224 (6.80%) Artificial Intelligence
16 217 (6.59%) Investment Management
17 213 (6.46%) Project Delivery
18 206 (6.25%) BDD
19 205 (6.22%) Computer Science
19 205 (6.22%) Risk Management
Programming Languages
1 1,079 (32.75%) Java
2 828 (25.13%) SQL
3 779 (23.64%) Python
4 566 (17.18%) JavaScript
5 329 (9.98%) C#
6 252 (7.65%) TypeScript
7 135 (4.10%) C++
8 132 (4.01%) Java 8
9 127 (3.85%) Kotlin
10 101 (3.07%) Go
11 100 (3.03%) Ruby
12 95 (2.88%) C
13 93 (2.82%) Bash Shell
14 84 (2.55%) Shell Script
15 76 (2.31%) PowerShell
16 66 (2.00%) Scala
17 64 (1.94%) Perl
18 44 (1.34%) R
19 42 (1.27%) Apple Swift
20 39 (1.18%) Rust
Qualifications
1 299 (9.07%) Degree
2 82 (2.49%) Computer Science Degree
3 38 (1.15%) PhD
4 30 (0.91%) CISSP
4 30 (0.91%) Numerate Degree
5 27 (0.82%) Microsoft Certification
6 26 (0.79%) Cisco Certification
7 23 (0.70%) Master's Degree
8 18 (0.55%) ITIL Foundation Certificate
9 17 (0.52%) CISM
10 15 (0.46%) CISA
11 14 (0.42%) CCNP
11 14 (0.42%) MCSE
12 12 (0.36%) CCNA
13 10 (0.30%) CRISC
13 10 (0.30%) PMI Certification
14 9 (0.27%) ACCA
14 9 (0.27%) AWS Certification
14 9 (0.27%) ITIL Certification
15 8 (0.24%) CIMA
Quality Assurance & Compliance
1 213 (6.46%) QA
2 68 (2.06%) PSD2
3 44 (1.34%) MiFID
4 38 (1.15%) PMO
5 35 (1.06%) SLA
6 34 (1.03%) NIST
7 31 (0.94%) Accessibility
7 31 (0.94%) GDPR
8 30 (0.91%) EMIR
9 20 (0.61%) Data Quality
10 15 (0.46%) ISO/IEC 27001
11 13 (0.39%) COBIT
12 10 (0.30%) PCI DSS
13 9 (0.27%) ISO 20022
14 8 (0.24%) IFRS
15 7 (0.21%) ISO 8583
16 6 (0.18%) SEPA
16 6 (0.18%) Solvency II
17 5 (0.15%) GRC
17 5 (0.15%) ISO 22301
System Software
1 510 (15.48%) Docker
2 78 (2.37%) Active Directory
3 47 (1.43%) VMware Infrastructure
4 30 (0.91%) Virtual Machines
5 17 (0.52%) Virtual Servers
6 11 (0.33%) Microsoft Virtual Server
7 9 (0.27%) HDFS
7 9 (0.27%) VMware ESXi
7 9 (0.27%) VMware NSX
8 8 (0.24%) Hyper-V
8 8 (0.24%) Time Sharing Option
9 6 (0.18%) vSphere
10 5 (0.15%) DFS Replication
10 5 (0.15%) OpenAM
11 3 (0.091%) OpenDJ
11 3 (0.091%) Veritas Cluster Server
11 3 (0.091%) VMware Server
12 2 (0.061%) RACF
12 2 (0.061%) vCloud
13 1 (0.030%) Apache ZooKeeper
Systems Management
1 517 (15.69%) Kubernetes
2 206 (6.25%) Terraform
3 140 (4.25%) Ansible
4 72 (2.19%) Prometheus
5 54 (1.64%) Puppet
6 45 (1.37%) Opscode Chef
7 32 (0.97%) SCCM
8 21 (0.64%) Grafana
9 18 (0.55%) Kibana
10 15 (0.46%) Istio
11 14 (0.42%) vCenter Server
12 12 (0.36%) FortiGate
13 10 (0.30%) Automic
13 10 (0.30%) ITRS Geneos
13 10 (0.30%) SCOM
14 9 (0.27%) logstash
14 9 (0.27%) Microsoft Intune
15 8 (0.24%) Fortio
15 8 (0.24%) Kiali
16 6 (0.18%) Active Directory Federation Services
Vendors
1 261 (7.92%) Microsoft
2 247 (7.50%) Oracle
3 188 (5.71%) Google
4 109 (3.31%) Sybase
5 65 (1.97%) Cisco
6 57 (1.73%) VMware
7 52 (1.58%) Bloomberg
8 47 (1.43%) IBM
9 45 (1.37%) Red Hat
10 38 (1.15%) SAP
11 37 (1.12%) Fidessa
12 35 (1.06%) Splunk
13 33 (1.00%) Murex
14 30 (0.91%) Apple
15 28 (0.85%) Salesforce.com
15 28 (0.85%) Solace
16 27 (0.82%) Citrix
17 26 (0.79%) Reuters
18 22 (0.67%) Alteryx
19 19 (0.58%) Informatica