Period
to 17 February 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 17 February 2018 with a comparison to the same period over the previous 2 years.

Banking
South West > Somerset
6 months to
17 Feb 2018
Same period 2017 Same period 2016
Rank 87 88 73
Rank change year-on-year +1 -15 -12
Permanent jobs citing Banking 22 28 38
As % of all permanent IT jobs advertised in Somerset 1.79% 2.19% 3.05%
As % of the General category 6.25% 9.00% 9.18%
Number of salaries quoted 22 11 7
Somerset median annual salary £55,000 £42,500 £37,500
Median salary % change year-on-year +29.41% +13.33% +7.14%
10th Percentile £40,000 £37,500 £25,200
90th Percentile £95,000 £56,250 £46,000
South West median annual salary £50,000 £52,500 £45,000
% change year-on-year -4.76% +16.67% -

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 352 311 414
As % of all permanent IT jobs advertised in Somerset 28.66% 24.37% 33.28%
Number of salaries quoted 273 240 315
Somerset median annual salary £42,500 £45,000 £37,500
Median salary % change year-on-year -5.56% +20.00% +5.63%
10th Percentile £26,250 £25,225 £23,500
90th Percentile £61,250 £63,875 £52,500
South West median annual salary £45,000 £45,000 £42,000
% change year-on-year - +7.14% +5.00%

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 17 February 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 17 February 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
Bath -8 11 £40,000 -
Street +1 10 £60,000 +26.32%
Clevedon - 1 - -
Banking
South West

For the 6 months to 17 February 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 12 (54.55%) Finance
2 7 (31.82%) Degree
3 6 (27.27%) Computer Science
3 6 (27.27%) QA
3 6 (27.27%) Continuous Improvement
3 6 (27.27%) Low Latency
3 6 (27.27%) Computer Science Degree
3 6 (27.27%) Software Engineering
4 5 (22.73%) SDLC
5 4 (18.18%) Agile Software Development
5 4 (18.18%) Service Delivery
5 4 (18.18%) Project Management
6 3 (13.64%) Microsoft Project
6 3 (13.64%) Microsoft Office
6 3 (13.64%) ITIL
6 3 (13.64%) PRINCE2
6 3 (13.64%) Microsoft Excel
6 3 (13.64%) MS Visio
6 3 (13.64%) Telecoms
6 3 (13.64%) Microsoft PowerPoint
6 3 (13.64%) Coaching
6 3 (13.64%) Runbook
6 3 (13.64%) Customer Requirements
6 3 (13.64%) Service Design
6 3 (13.64%) MiFID
7 2 (9.09%) FIX Protocol
7 2 (9.09%) Project Planning
7 2 (9.09%) Use Case
7 2 (9.09%) Electronic Trading
7 2 (9.09%) Data Mapping

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 (4.55%) JBoss
Applications
1 3 (13.64%) Microsoft Excel
1 3 (13.64%) Microsoft Office
1 3 (13.64%) Microsoft PowerPoint
1 3 (13.64%) Microsoft Project
1 3 (13.64%) MS Visio
Cloud Services
1 1 (4.55%) Amazon AWS
1 1 (4.55%) Microsoft Azure
Communications & Networking
1 1 (4.55%) Fibre Channel
1 1 (4.55%) Firewall
1 1 (4.55%) Internet
1 1 (4.55%) iSCSI
1 1 (4.55%) LAN
1 1 (4.55%) Remote Desktop
1 1 (4.55%) TCP/IP
1 1 (4.55%) VLAN
1 1 (4.55%) WAN
Database & Business Intelligence
1 1 (4.55%) Blockchain
1 1 (4.55%) IBM InfoSphere
1 1 (4.55%) SQL Server
1 1 (4.55%) Sybase ASE
Development Applications
1 1 (4.55%) Mockito
1 1 (4.55%) Moq
1 1 (4.55%) NUnit
General
1 12 (54.55%) Finance
2 3 (13.64%) Telecoms
3 1 (4.55%) Billing
3 1 (4.55%) Front Office
3 1 (4.55%) Investment Banking
3 1 (4.55%) Legal
Job Titles
1 7 (31.82%) Project Manager
2 6 (27.27%) Analyst
2 6 (27.27%) Financial Services Project Manager
2 6 (27.27%) Technical Manager
2 6 (27.27%) Technical Project Manager
2 6 (27.27%) Technical Services Manager
3 4 (18.18%) Developer
4 3 (13.64%) Delivery Manager
4 3 (13.64%) Digital Delivery Manager
4 3 (13.64%) Digital Developer
4 3 (13.64%) Implementation Manager
4 3 (13.64%) IT Analyst
4 3 (13.64%) Service Analyst
4 3 (13.64%) Service Design Analyst
4 3 (13.64%) Software Developer
4 3 (13.64%) Software Implementation Manager
5 2 (9.09%) Business Analyst
6 1 (4.55%) Consultant
6 1 (4.55%) Governance Consultant
6 1 (4.55%) Test Analyst
Libraries, Frameworks & Software Standards
1 2 (9.09%) FIX Protocol
2 1 (4.55%) J2EE
2 1 (4.55%) Spring
Miscellaneous
1 6 (27.27%) Computer Science
2 2 (9.09%) Analytical Skills
3 1 (4.55%) Derivative
3 1 (4.55%) Enterprise Software
3 1 (4.55%) Equities
3 1 (4.55%) Eurex
3 1 (4.55%) Foreign Exchange (FX)
3 1 (4.55%) Greenfield Project
3 1 (4.55%) Mobile Banking
3 1 (4.55%) Public Cloud
3 1 (4.55%) Replication
Operating Systems
1 2 (9.09%) Linux
1 2 (9.09%) Red Hat Enterprise Linux
1 2 (9.09%) Windows
1 2 (9.09%) Windows Server
2 1 (4.55%) CentOS
Processes & Methodologies
1 6 (27.27%) Continuous Improvement
1 6 (27.27%) Low Latency
1 6 (27.27%) Software Engineering
2 5 (22.73%) SDLC
3 4 (18.18%) Agile Software Development
3 4 (18.18%) Project Management
3 4 (18.18%) Service Delivery
4 3 (13.64%) Coaching
4 3 (13.64%) Customer Requirements
4 3 (13.64%) ITIL
4 3 (13.64%) PRINCE2
4 3 (13.64%) Runbook
4 3 (13.64%) Service Design
5 2 (9.09%) Change Management
5 2 (9.09%) Data Governance
5 2 (9.09%) Data Mapping
5 2 (9.09%) Electronic Trading
5 2 (9.09%) Project Planning
5 2 (9.09%) Test Strategy
5 2 (9.09%) Use Case
Programming Languages
1 2 (9.09%) SQL
2 1 (4.55%) Bash Shell
2 1 (4.55%) Java
2 1 (4.55%) PL/SQL
2 1 (4.55%) PowerShell
2 1 (4.55%) Shell Script
Qualifications
1 7 (31.82%) Degree
2 6 (27.27%) Computer Science Degree
3 1 (4.55%) Security Cleared
Quality Assurance & Compliance
1 6 (27.27%) QA
2 3 (13.64%) MiFID
3 1 (4.55%) Data Quality
3 1 (4.55%) FATCA
3 1 (4.55%) SLA
System Software
1 2 (9.09%) VMware ESXi
1 2 (9.09%) VMware Infrastructure
2 1 (4.55%) Hyper-V
Systems Management
1 1 (4.55%) Nagios
1 1 (4.55%) Puppet
1 1 (4.55%) ZABBIX
Vendors
1 2 (9.09%) Red Hat
1 2 (9.09%) VMware
2 1 (4.55%) Citrix
2 1 (4.55%) IBM
2 1 (4.55%) Microsoft
2 1 (4.55%) SAP
2 1 (4.55%) Teradata
2 1 (4.55%) Trillium