Period
to 21 September 2017

The median annual salary for a Banking Analyst was £57,500 in advertised job vacancies during the 6 months to 21 September 2017.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Banking Analyst
UK
6 months to
21 Sep 2017
Same period 2016 Same period 2015
Rank 663 727 600
Rank change year-on-year +64 -127 +76
Permanent jobs requiring a Banking Analyst 567 576 950
As % of all permanent IT jobs advertised in the UK 0.32% 0.30% 0.43%
As % of the Job Titles category 0.34% 0.31% 0.45%
Number of salaries quoted 445 431 794
UK median annual salary £57,500 £55,000 £55,000
Median salary % change year-on-year +4.55% - +10.00%
10th Percentile £34,350 £36,500 £33,750
90th Percentile £78,825 £76,250 £80,000
UK excluding London median annual salary £47,500 £47,000 £45,000
% change year-on-year +1.06% +4.44% -

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 169054 187667 211623
% of permanent IT jobs with a recognized job title 95.81% 96.48% 96.45%
Number of salaries quoted 135523 157713 175423
UK median annual salary £47,500 £47,500 £45,000
Median salary % change year-on-year - +5.56% -
10th Percentile £27,500 £26,750 £26,250
90th Percentile £78,750 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,000
% change year-on-year - +6.25% -

Banking Analyst
Job Vacancy Trend

Job postings that featured Banking Analyst in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Banking Analyst in the UK

Banking Analyst
Salary Trend

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

Salary trend for Banking Analyst in the UK

Banking Analyst
Salary Histogram

The salary distribution of IT jobs citing Banking Analyst over the 6 months to 21 September 2017.

Salary histogram for Banking Analyst in the UK

Banking Analyst
Top 13 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking Analyst within the UK over the 6 months to 21 September 2017. 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
England +38 559 £57,500 +4.55% 27
London +11 507 £57,500 +2.22% 23
UK excluding London +35 59 £47,500 +1.06% 7
North of England -24 32 £47,875 +6.39% 1
North West -13 25 £45,000 -9.55%
South West +12 9 £40,000 -52.94% 3
Midlands +36 8 £41,250 -25.00%
Scotland -8 8 £40,000 -9.60% 2
West Midlands +25 7 £41,250 -25.00%
Yorkshire +9 7 £51,000 +20.00% 1
East of England -14 2 £47,500 +2.70%
South East +59 1 £47,500 -5.00%
East Midlands - 1 - -

Banking Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 21 September 2017, Banking Analyst job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads featuring Banking Analyst in the job title.

1 567 (100.00%) Banking
2 431 (76.01%) Finance
3 204 (35.98%) SQL
4 186 (32.80%) Investment Banking
5 154 (27.16%) Business Analysis
6 139 (24.51%) Agile Software Development
7 120 (21.16%) Stakeholder Management
8 108 (19.05%) Windows
9 92 (16.23%) Degree
10 85 (14.99%) Front Office
11 81 (14.29%) Equities
12 78 (13.76%) SQL Server
13 77 (13.58%) Fixed Income
14 71 (12.52%) Derivative
14 71 (12.52%) Data Analysis
15 69 (12.17%) Private Banking
15 69 (12.17%) Analytical Skills
16 64 (11.29%) SDLC
17 62 (10.93%) Back Office
17 62 (10.93%) Microsoft
18 60 (10.58%) Corporate Banking
18 60 (10.58%) User Acceptance Testing
19 55 (9.70%) ITIL
19 55 (9.70%) Change Management
20 54 (9.52%) Unix
20 54 (9.52%) MiFID
20 54 (9.52%) Windows Server
21 50 (8.82%) Asset Management
22 49 (8.64%) Linux
22 49 (8.64%) GAP Analysis

Banking Analyst Skill Set
Co-occurring IT Skills 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 31 (5.47%) SharePoint
2 29 (5.11%) Exchange Server 2010
2 29 (5.11%) Exchange Server 2013
2 29 (5.11%) MS Exchange
3 28 (4.94%) IIS
4 21 (3.70%) Apache
5 16 (2.82%) Tomcat
6 7 (1.23%) WebSphere
7 6 (1.06%) CMS
8 4 (0.71%) SAS
8 4 (0.71%) WebLogic
9 3 (0.53%) SharePoint Server
10 2 (0.35%) Apache Spark
10 2 (0.35%) IBM Notes
10 2 (0.35%) MQSeries
11 1 (0.18%) Confluence
11 1 (0.18%) JBoss
Applications
1 30 (5.29%) Microsoft Project
2 29 (5.11%) Microsoft Excel
3 7 (1.23%) Adobe Illustrator
3 7 (1.23%) Photoshop
4 4 (0.71%) Microsoft Office
4 4 (0.71%) Microsoft PowerPoint
5 2 (0.35%) MS Visio
Business Applications
1 15 (2.65%) Actimize
2 10 (1.76%) Dynamics CRM
3 7 (1.23%) Oracle Cash Management
4 5 (0.88%) VisionPLUS
5 4 (0.71%) FLEXCUBE
6 3 (0.53%) Markit EDM
7 1 (0.18%) Hyperion Planning
7 1 (0.18%) MetaTrader
7 1 (0.18%) Oracle EBS
7 1 (0.18%) Oracle Financials
7 1 (0.18%) Remedy ITSM
7 1 (0.18%) Summit
Cloud Services
1 31 (5.47%) Office 365
2 22 (3.88%) Microsoft Azure
3 16 (2.82%) Azure Active Directory
4 13 (2.29%) Amazon AWS
5 8 (1.41%) Dynamics 365
6 7 (1.23%) OpenShift
7 5 (0.88%) IBM Blueworks
8 1 (0.18%) Amazon Glacier
8 1 (0.18%) Amazon S3
Communications & Networking
1 9 (1.59%) Firewall
2 7 (1.23%) Internet
3 6 (1.06%) DNS
4 5 (0.88%) FTP
4 5 (0.88%) SAN
4 5 (0.88%) TCP/IP
5 4 (0.71%) Network Security
5 4 (0.71%) VoIP
6 3 (0.53%) DHCP
6 3 (0.53%) LAN
6 3 (0.53%) VPN
6 3 (0.53%) WAN
7 2 (0.35%) BGP
7 2 (0.35%) DSL
7 2 (0.35%) EIGRP
7 2 (0.35%) Junos
7 2 (0.35%) MPLS
7 2 (0.35%) OSPF
7 2 (0.35%) Wireless
7 2 (0.35%) X.509
Database & Business Intelligence
1 78 (13.76%) SQL Server
2 31 (5.47%) QlikView
3 27 (4.76%) Power BI
4 8 (1.41%) MS Access
5 7 (1.23%) RDBMS
5 7 (1.23%) Relational Database
6 6 (1.06%) Big Data
6 6 (1.06%) Hadoop
6 6 (1.06%) Oracle Database
7 5 (0.88%) MySQL
8 3 (0.53%) Oracle Database 10g
8 3 (0.53%) Oracle Database 11g
8 3 (0.53%) SQL Server 2005
8 3 (0.53%) SQL Server 2008
9 2 (0.35%) Data Mining
9 2 (0.35%) Data Warehouse
10 1 (0.18%) Apache Hive
10 1 (0.18%) DB2
10 1 (0.18%) Oracle BI EE
10 1 (0.18%) PostgreSQL
Development Applications
1 47 (8.29%) JIRA
2 11 (1.94%) Selenium
3 7 (1.23%) Balsamiq Mockups
3 7 (1.23%) SQL Server Management Studio (SSMS)
3 7 (1.23%) Team Foundation Server
4 6 (1.06%) HP UFT
4 6 (1.06%) Octopus Deploy
4 6 (1.06%) TeamCity
5 5 (0.88%) Atlassian Bamboo
5 5 (0.88%) Hudson
5 5 (0.88%) MSBuild
6 2 (0.35%) Jenkins
7 1 (0.18%) eggPlant
7 1 (0.18%) Git (software)
7 1 (0.18%) JBehave
7 1 (0.18%) JIRA Agile
7 1 (0.18%) Ranorex
7 1 (0.18%) SoapUI
7 1 (0.18%) SpecFlow
7 1 (0.18%) WATIR
General
1 567 (100.00%) Banking
2 431 (76.01%) Finance
3 186 (32.80%) Investment Banking
4 85 (14.99%) Front Office
5 69 (12.17%) Private Banking
6 62 (10.93%) Back Office
7 60 (10.58%) Corporate Banking
8 45 (7.94%) Marketing
9 40 (7.05%) Financial Institution
10 33 (5.82%) Legal
10 33 (5.82%) Retail
11 31 (5.47%) Retail Banking
12 25 (4.41%) International Banking
13 3 (0.53%) Japanese Language
14 2 (0.35%) French Language
14 2 (0.35%) General Ledger
14 2 (0.35%) Spanish Language
14 2 (0.35%) Telecoms
15 1 (0.18%) Law
15 1 (0.18%) Publishing
Libraries, Frameworks & Software Standards
1 17 (3.00%) XML
2 12 (2.12%) .NET
3 11 (1.94%) FIX Protocol
4 9 (1.59%) Middleware
5 8 (1.41%) J2EE
6 7 (1.23%) XML Schema
6 7 (1.23%) XSD
7 6 (1.06%) MSMQ
7 6 (1.06%) RabbitMQ
7 6 (1.06%) REST
7 6 (1.06%) WebSphere MQ
8 5 (0.88%) LAMP
9 2 (0.35%) AngularJS
9 2 (0.35%) WPF
10 1 (0.18%) ActiveMQ
10 1 (0.18%) Angular 2
10 1 (0.18%) Gherkin
10 1 (0.18%) HTML5
10 1 (0.18%) SOAP
10 1 (0.18%) Spring Boot
Miscellaneous
1 81 (14.29%) Equities
2 77 (13.58%) Fixed Income
3 71 (12.52%) Derivative
4 69 (12.17%) Analytical Skills
5 44 (7.76%) Foreign Exchange (FX)
6 24 (4.23%) Hedge funds
7 22 (3.88%) Computer Science
7 22 (3.88%) Fintech
8 20 (3.53%) SWIFT
9 15 (2.65%) Online Banking
10 14 (2.47%) Credit Risk
10 14 (2.47%) Data Centre
11 13 (2.29%) Credit Derivative
11 13 (2.29%) Fat Client
11 13 (2.29%) Thin Client
12 12 (2.12%) User Experience
13 10 (1.76%) OTC Derivatives
14 7 (1.23%) Virtual Team
15 6 (1.06%) Management Information System
16 4 (0.71%) Blackberry
Operating Systems
1 108 (19.05%) Windows
2 54 (9.52%) Unix
2 54 (9.52%) Windows Server
3 49 (8.64%) Linux
4 30 (5.29%) Windows Server 2012
5 19 (3.35%) Red Hat Enterprise Linux
6 12 (2.12%) Windows 7
7 8 (1.41%) Windows 10
8 4 (0.71%) Windows Server 2003
9 3 (0.53%) Android
10 2 (0.35%) Apple iOS
10 2 (0.35%) Solaris
10 2 (0.35%) Windows Server 2008
11 1 (0.18%) AIX
11 1 (0.18%) Mac OS X
11 1 (0.18%) Windows NT
Processes & Methodologies
1 154 (27.16%) Business Analysis
2 139 (24.51%) Agile Software Development
3 120 (21.16%) Stakeholder Management
4 71 (12.52%) Data Analysis
5 64 (11.29%) SDLC
6 60 (10.58%) User Acceptance Testing
7 55 (9.70%) Change Management
7 55 (9.70%) ITIL
8 50 (8.82%) Asset Management
9 49 (8.64%) GAP Analysis
10 42 (7.41%) Project Management
11 36 (6.35%) Waterfall
12 35 (6.17%) PRINCE2
12 35 (6.17%) Service Management
12 35 (6.17%) Task Automation
13 32 (5.64%) Business Intelligence
14 30 (5.29%) Data Mapping
15 28 (4.94%) PRINCE
16 27 (4.76%) Configuration Management
16 27 (4.76%) Risk Management
Programming Languages
1 204 (35.98%) SQL
2 38 (6.70%) PowerShell
3 26 (4.59%) Java
4 25 (4.41%) Perl
5 24 (4.23%) Python
6 20 (3.53%) Bash Shell
7 19 (3.35%) Bourne shell
7 19 (3.35%) Korn
7 19 (3.35%) Ruby
7 19 (3.35%) VBA
8 6 (1.06%) C++
9 5 (0.88%) C
9 5 (0.88%) C#
9 5 (0.88%) PHP
10 3 (0.53%) Shell Script
11 1 (0.18%) MATLAB
11 1 (0.18%) Objective-C
11 1 (0.18%) PL/SQL
11 1 (0.18%) R
11 1 (0.18%) VB.NET
Qualifications
1 92 (16.23%) Degree
2 16 (2.82%) CISSP
3 12 (2.12%) CISM
3 12 (2.12%) Computer Science Degree
4 11 (1.94%) ITIL Certification
5 10 (1.76%) CRISC
6 9 (1.59%) ISEB
7 8 (1.41%) SANS
8 5 (0.88%) Cisco Certification
9 4 (0.71%) CCNA
10 3 (0.53%) CCNP
10 3 (0.53%) MCSA
10 3 (0.53%) Microsoft Certification
11 2 (0.35%) CCSA
11 2 (0.35%) CCSE
11 2 (0.35%) Check Point Certification
11 2 (0.35%) CISA
11 2 (0.35%) CISMP
11 2 (0.35%) JNCIS
11 2 (0.35%) MCSE
Quality Assurance & Compliance
1 54 (9.52%) MiFID
2 23 (4.06%) QA
3 17 (3.00%) Data Quality
4 14 (2.47%) ISO 9001
5 13 (2.29%) GDPR
6 11 (1.94%) SEPA
7 10 (1.76%) SLA
8 9 (1.59%) COBIT
8 9 (1.59%) Sarbanes-Oxley
9 8 (1.41%) ISO/IEC 20000
9 8 (1.41%) PMO
10 6 (1.06%) IFRS
11 4 (0.71%) ISO/IEC 27001
12 2 (0.35%) Dodd-Frank
12 2 (0.35%) EMIR
12 2 (0.35%) PCI DSS
13 1 (0.18%) FATCA
13 1 (0.18%) FINRA
13 1 (0.18%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
System Software
1 46 (8.11%) Active Directory
2 7 (1.23%) VMware Infrastructure
Systems Management
1 33 (5.82%) SCCM
2 7 (1.23%) Ganglia
3 6 (1.06%) Opscode Chef
3 6 (1.06%) Puppet
4 5 (0.88%) Ansible
4 5 (0.88%) Nagios
5 3 (0.53%) Control-M
6 1 (0.18%) Host Intrusion Detection System
6 1 (0.18%) MAILsweeper
6 1 (0.18%) WSUS
Vendors
1 62 (10.93%) Microsoft
2 36 (6.35%) Tableau
2 36 (6.35%) VMware
3 35 (6.17%) Citrix
4 33 (5.82%) Oracle
5 25 (4.41%) Calypso
5 25 (4.41%) Splunk
6 17 (3.00%) IBM
7 15 (2.65%) Informatica
8 14 (2.47%) Cognizant
9 13 (2.29%) Red Hat
10 11 (1.94%) Cisco
11 9 (1.59%) Teradata
12 8 (1.41%) ServiceNow
13 7 (1.23%) Adobe
14 6 (1.06%) HP
15 5 (0.88%) Bloomberg
15 5 (0.88%) Hitachi
15 5 (0.88%) Reuters
16 4 (0.71%) Siebel