Period
to 21 May 2018

The table below looks at the prevalence of the term Banking in permanent job vacancies advertised in Somerset. Included is a benchmarking guide to the salaries offered in vacancies that have cited Banking over the 6 months to 21 May 2018 with a comparison to the same period over the previous 2 years.

Banking
South West > Somerset
6 months to
21 May 2018
Same period 2017 Same period 2016
Rank 79 98 56
Rank change year-on-year +19 -42 +18
Permanent jobs citing Banking 16 17 50
As % of all permanent IT jobs advertised in Somerset 1.61% 1.31% 4.04%
As % of the General category 4.97% 6.03% 12.20%
Number of salaries quoted 13 19 11
Somerset median annual salary £60,000 £45,000 £35,000
Median salary % change year-on-year +33.33% +28.57% -
10th Percentile £40,500 £38,750 £21,750
90th Percentile £97,000 £56,250 £57,500
South West median annual salary £57,500 £50,000 £42,500
% change year-on-year +15.00% +17.65% -5.56%

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 Somerset with a requirement for common skills.

All General Skills
Somerset
Permanent vacancies with a requirement for common skills 322 282 410
As % of all permanent IT jobs advertised in Somerset 32.46% 21.79% 33.09%
Number of salaries quoted 280 195 330
Somerset median annual salary £42,500 £42,500 £38,750
Median salary % change year-on-year - +9.68% +10.71%
10th Percentile £27,062 £29,300 £25,450
90th Percentile £63,750 £62,500 £57,500
South West median annual salary £45,000 £42,500 £41,500
% change year-on-year +5.88% +2.41% +3.75%

Banking
Job Vacancy Trend in Somerset

Job postings citing Banking as a percentage of all IT jobs advertised in Somerset.

Job vacancy trend for Banking in Somerset

Banking
Salary Trend in Somerset

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Banking in Somerset.

Salary trend for Banking in Somerset

Banking
Salary Histogram in Somerset

The salary distribution of IT jobs citing Banking in Somerset over the 6 months to 21 May 2018.

Salary histogram for Banking in Somerset

Banking
Job Locations in Somerset

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking within the Somerset region over the 6 months to 21 May 2018. 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
Street +5 12 £75,000 +57.89%
Bath +3 4 £42,500 -
Banking
South West

For the 6 months to 21 May 2018, 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 Somerset region with a requirement for Banking.

1 9 (56.25%) Finance
2 7 (43.75%) Microsoft Excel
3 6 (37.50%) MS Visio
3 6 (37.50%) ITIL
3 6 (37.50%) PRINCE2
3 6 (37.50%) Microsoft Project
3 6 (37.50%) Microsoft Office
3 6 (37.50%) Project Management
3 6 (37.50%) Service Delivery
3 6 (37.50%) Microsoft PowerPoint
3 6 (37.50%) Service Design
3 6 (37.50%) Runbook
4 3 (18.75%) Degree
5 2 (12.50%) Red Hat
5 2 (12.50%) Windows
5 2 (12.50%) Linux
5 2 (12.50%) SQL
5 2 (12.50%) Software Engineering
5 2 (12.50%) Change Management
5 2 (12.50%) VMware
5 2 (12.50%) MiFID
5 2 (12.50%) FIX Protocol
5 2 (12.50%) Computer Science
5 2 (12.50%) QA
5 2 (12.50%) Use Case
5 2 (12.50%) Electronic Trading
5 2 (12.50%) Red Hat Enterprise Linux
5 2 (12.50%) Data Mapping
5 2 (12.50%) VMware Infrastructure
5 2 (12.50%) Project Planning

Banking
Co-occurring IT Skills in Somerset 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 1 (6.25%) JBoss
Applications
1 7 (43.75%) Microsoft Excel
2 6 (37.50%) Microsoft Office
2 6 (37.50%) Microsoft PowerPoint
2 6 (37.50%) Microsoft Project
2 6 (37.50%) MS Visio
Cloud Services
1 1 (6.25%) Amazon AWS
1 1 (6.25%) Microsoft Azure
Communications & Networking
1 1 (6.25%) Fibre Channel
1 1 (6.25%) Firewall
1 1 (6.25%) Internet
1 1 (6.25%) iSCSI
1 1 (6.25%) LAN
1 1 (6.25%) Remote Desktop
1 1 (6.25%) TCP/IP
1 1 (6.25%) VLAN
1 1 (6.25%) WAN
Database & Business Intelligence
1 1 (6.25%) Blockchain
1 1 (6.25%) Crystal Reports
1 1 (6.25%) Oracle Reports
1 1 (6.25%) SQL Server
1 1 (6.25%) Sybase ASE
General
1 9 (56.25%) Finance
2 1 (6.25%) Billing
2 1 (6.25%) Front Office
Job Titles
1 10 (62.50%) Analyst
2 7 (43.75%) Service Analyst
3 6 (37.50%) IT Analyst
3 6 (37.50%) Service Design Analyst
4 3 (18.75%) Project Manager
5 2 (12.50%) Business Analyst
5 2 (12.50%) Financial Services Project Manager
5 2 (12.50%) Technical Manager
5 2 (12.50%) Technical Project Manager
5 2 (12.50%) Technical Services Manager
6 1 (6.25%) Asset Management Analyst
6 1 (6.25%) Banking Analyst
6 1 (6.25%) Data Consultant
6 1 (6.25%) Data Governance Consultant
6 1 (6.25%) Excel Analyst
6 1 (6.25%) Excel Developer
6 1 (6.25%) Financial Analyst
6 1 (6.25%) Managed Services Manager
6 1 (6.25%) T-SQL Developer
6 1 (6.25%) VBA Developer
Libraries, Frameworks & Software Standards
1 2 (12.50%) FIX Protocol
Miscellaneous
1 2 (12.50%) Analytical Skills
1 2 (12.50%) Computer Science
2 1 (6.25%) Enterprise Software
2 1 (6.25%) Public Cloud
2 1 (6.25%) Replication
Operating Systems
1 2 (12.50%) Linux
1 2 (12.50%) Red Hat Enterprise Linux
1 2 (12.50%) Windows
1 2 (12.50%) Windows Server
2 1 (6.25%) CentOS
Processes & Methodologies
1 6 (37.50%) ITIL
1 6 (37.50%) PRINCE2
1 6 (37.50%) Project Management
1 6 (37.50%) Runbook
1 6 (37.50%) Service Delivery
1 6 (37.50%) Service Design
2 2 (12.50%) Change Management
2 2 (12.50%) Continuous Improvement
2 2 (12.50%) Data Mapping
2 2 (12.50%) Electronic Trading
2 2 (12.50%) Low Latency
2 2 (12.50%) Project Planning
2 2 (12.50%) SDLC
2 2 (12.50%) Software Engineering
2 2 (12.50%) Test Strategy
2 2 (12.50%) Use Case
3 1 (6.25%) Change Control
3 1 (6.25%) Data Governance
3 1 (6.25%) Root Cause Analysis
3 1 (6.25%) Stakeholder Engagement
Programming Languages
1 2 (12.50%) SQL
2 1 (6.25%) Bash Shell
2 1 (6.25%) PL/SQL
2 1 (6.25%) PowerShell
2 1 (6.25%) Shell Script
2 1 (6.25%) T-SQL
2 1 (6.25%) VBA
Qualifications
1 3 (18.75%) Degree
2 2 (12.50%) Computer Science Degree
Quality Assurance & Compliance
1 2 (12.50%) MiFID
1 2 (12.50%) QA
2 1 (6.25%) Data Quality
2 1 (6.25%) ISO/IEC 27001
2 1 (6.25%) SLA
System Software
1 2 (12.50%) VMware ESXi
1 2 (12.50%) VMware Infrastructure
2 1 (6.25%) Hyper-V
Systems Management
1 1 (6.25%) Nagios
1 1 (6.25%) Puppet
1 1 (6.25%) ZABBIX
Vendors
1 2 (12.50%) Red Hat
1 2 (12.50%) VMware
2 1 (6.25%) Citrix
2 1 (6.25%) Microsoft
2 1 (6.25%) Oracle
2 1 (6.25%) SAP
2 1 (6.25%) Trillium