Banking Analyst
UK

The median Banking Analyst salary in the UK is £64,500 per year according to job vacancies posted during the 6 months to 30 November 2023.

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

6 months to
30 Nov 2023
Same period 2022 Same period 2021
Rank 620 1001 986
Rank change year-on-year +381 -15 -257
Permanent jobs requiring a Banking Analyst 107 89 118
As % of all permanent jobs advertised in the UK 0.20% 0.070% 0.091%
As % of the Job Titles category 0.21% 0.074% 0.096%
Number of salaries quoted 102 76 113
10th Percentile £24,200 £47,500 £42,000
25th Percentile £57,500 £50,000 £55,000
Median annual salary (50th Percentile) £64,500 £65,000 £65,000
Median % change year-on-year -0.77% - +15.56%
75th Percentile £77,500 £77,500 £90,000
90th Percentile £90,000 £85,625 £98,750
UK excluding London median annual salary £21,328 - £50,000

All Permanent IT Job Vacancies
UK

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.

Permanent vacancies in the UK with a recognized job title 51,419 120,484 123,121
% of permanent jobs with a recognized job title 95.48% 95.34% 95.10%
Number of salaries quoted 37,696 75,234 84,392
10th Percentile £31,250 £32,750 £32,000
25th Percentile £42,500 £45,000 £42,500
Median annual salary (50th Percentile) £60,000 £60,000 £57,500
Median % change year-on-year - +4.35% +4.55%
75th Percentile £80,000 £81,250 £77,500
90th Percentile £97,500 £97,750 £95,000
UK excluding London median annual salary £52,500 £52,500 £50,000
% change year-on-year - +5.00% +5.26%

Banking Analyst
Job Vacancy Trend

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

Job vacancy trend for Banking Analyst in the UK

Banking Analyst
Salary Trend

3-month moving average salary quoted in jobs citing Banking Analyst.

Salary trend for Banking Analyst in the UK

Banking Analyst
Salary Histogram

Salary distribution for jobs citing Banking Analyst over the 6 months to 30 November 2023.

Salary histogram for Banking Analyst in the UK

Banking Analyst
Top 8 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 30 November 2023. 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
Jobs
England +338 105 £64,500 -7.86% 9
London +285 89 £65,000 -7.14% 6
UK excluding London - 16 £21,328 - 5
Work from Home +249 14 £65,000 +18.18% 5
East of England - 12 £21,328 -
North West - 3 - - 1
North of England - 3 - - 2
South West - 1 £60,000 -

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 30 November 2023, Banking Analyst job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Banking Analyst in the job title.

1 107 (100.00%) Banking
2 75 (70.09%) Finance
3 32 (29.91%) ITIL
4 26 (24.30%) SQL
5 25 (23.36%) PowerShell
6 22 (20.56%) Analytical Skills
6 22 (20.56%) Change Management
6 22 (20.56%) Python
6 22 (20.56%) Business Analysis
7 21 (19.63%) Project Management
8 19 (17.76%) SLA
8 19 (17.76%) Release Management
9 18 (16.82%) Configuration Management
9 18 (16.82%) Intranet
10 17 (15.89%) Oracle
10 17 (15.89%) Windows
10 17 (15.89%) Power Platform
11 16 (14.95%) Requirements Gathering
12 15 (14.02%) Stakeholder Engagement
12 15 (14.02%) Power BI
12 15 (14.02%) Microsoft
12 15 (14.02%) Business Intelligence
13 14 (13.08%) Unix
13 14 (13.08%) Linux
13 14 (13.08%) SQL Server
13 14 (13.08%) FIX Protocol
14 13 (12.15%) Investment Banking
14 13 (12.15%) Perl
14 13 (12.15%) Bloomberg
14 13 (12.15%) Runbook

Banking Analyst Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (1.87%) Camunda
2 1 (0.93%) Confluence
2 1 (0.93%) SAS
2 1 (0.93%) SharePoint
2 1 (0.93%) Tomcat
Applications
1 9 (8.41%) Microsoft Excel
2 2 (1.87%) Microsoft Office
3 1 (0.93%) Microsoft PowerPoint
3 1 (0.93%) MS Visio
Business Applications
1 12 (11.21%) Fidessa
2 2 (1.87%) Dynamics CRM
2 2 (1.87%) Temenos T24
3 1 (0.93%) FLEXCUBE
3 1 (0.93%) Oracle ERP
Cloud Services
1 17 (15.89%) Power Platform
2 10 (9.35%) Microsoft 365
3 8 (7.48%) Azure
4 5 (4.67%) Dynamics 365
5 1 (0.93%) AWS
5 1 (0.93%) Collibra
5 1 (0.93%) OneDrive
Communications & Networking
1 18 (16.82%) Intranet
2 12 (11.21%) DHCP
2 12 (11.21%) DNS
2 12 (11.21%) Firewall
2 12 (11.21%) FIX Connectivity
2 12 (11.21%) TCP/IP
Database & Business Intelligence
1 15 (14.02%) Power BI
2 14 (13.08%) SQL Server
3 3 (2.80%) Data Warehouse
4 2 (1.87%) SQL Server Reporting Services
5 1 (0.93%) Apache Hive
5 1 (0.93%) Crystal Reports
5 1 (0.93%) Data Lake
5 1 (0.93%) Data Mart
5 1 (0.93%) Hadoop
5 1 (0.93%) Impala
5 1 (0.93%) SAS Enterprise Guide
5 1 (0.93%) SQL Server Analysis Services
5 1 (0.93%) SQL Server Integration Services
5 1 (0.93%) Tableau
Development Applications
1 1 (0.93%) JIRA
General
1 107 (100.00%) Banking
2 75 (70.09%) Finance
3 22 (20.56%) Analytical Skills
4 13 (12.15%) Investment Banking
5 9 (8.41%) Social Skills
6 6 (5.61%) Inclusion and Diversity
7 5 (4.67%) Private Banking
8 3 (2.80%) Retail
8 3 (2.80%) Retail Banking
9 2 (1.87%) Back Office
9 2 (1.87%) Front Office
9 2 (1.87%) Presentation Skills
Libraries, Frameworks & Software Standards
1 14 (13.08%) FIX Protocol
2 1 (0.93%) Middleware
2 1 (0.93%) Web Services
Miscellaneous
1 12 (11.21%) Eurex
2 3 (2.80%) Derivative
2 3 (2.80%) Foreign Exchange (FX)
2 3 (2.80%) iPhone
2 3 (2.80%) Video Conferencing
3 2 (1.87%) Equities
3 2 (1.87%) Hedge funds
3 2 (1.87%) Onboarding
3 2 (1.87%) Product Ownership
4 1 (0.93%) AS400
4 1 (0.93%) Clustering
4 1 (0.93%) Data Centre
4 1 (0.93%) Fixed Income
Operating Systems
1 17 (15.89%) Windows
2 14 (13.08%) Linux
2 14 (13.08%) Unix
3 12 (11.21%) CentOS
3 12 (11.21%) Solaris
3 12 (11.21%) Ubuntu
4 1 (0.93%) Windows 10
Processes & Methodologies
1 32 (29.91%) ITIL
2 22 (20.56%) Business Analysis
2 22 (20.56%) Change Management
3 21 (19.63%) Project Management
4 19 (17.76%) Release Management
5 18 (16.82%) Configuration Management
6 16 (14.95%) Requirements Gathering
7 15 (14.02%) Business Intelligence
7 15 (14.02%) Stakeholder Engagement
8 13 (12.15%) Change Advisory Board
8 13 (12.15%) Deployment Automation
8 13 (12.15%) Runbook
9 12 (11.21%) Accounts Payable
9 12 (11.21%) Accounts Receivable
9 12 (11.21%) Client Onboarding
9 12 (11.21%) Mathematics
10 10 (9.35%) Data Governance
11 6 (5.61%) Agile
11 6 (5.61%) Incident Management
11 6 (5.61%) Problem Management
Programming Languages
1 26 (24.30%) SQL
2 25 (23.36%) PowerShell
3 22 (20.56%) Python
4 13 (12.15%) Perl
5 12 (11.21%) Bash
5 12 (11.21%) JavaScript
5 12 (11.21%) Ruby
6 2 (1.87%) C#
6 2 (1.87%) Data Analysis Expressions
7 1 (0.93%) C++
Qualifications
1 5 (4.67%) ITIL Certification
2 2 (1.87%) Degree
3 1 (0.93%) Azure Certification
3 1 (0.93%) Master's Degree
3 1 (0.93%) MCP
3 1 (0.93%) Microsoft Certification
Quality Assurance & Compliance
1 19 (17.76%) SLA
2 3 (2.80%) PMO
3 2 (1.87%) Data Quality
4 1 (0.93%) Actionable Recommendations
System Software
1 3 (2.80%) Active Directory
Systems Management
1 3 (2.80%) SCCM
2 1 (0.93%) Microsoft Intune
Vendors
1 17 (15.89%) Oracle
2 15 (14.02%) Microsoft
3 13 (12.15%) Bloomberg
4 12 (11.21%) CQG
4 12 (11.21%) ION Trading
4 12 (11.21%) Patsystems
4 12 (11.21%) Red Hat
4 12 (11.21%) Reuters
4 12 (11.21%) Trayport
5 6 (5.61%) ServiceNow
6 2 (1.87%) Automation Anywhere
6 2 (1.87%) Blue Prism
7 1 (0.93%) Alteryx
7 1 (0.93%) Apple
7 1 (0.93%) Datactics
7 1 (0.93%) Dell
7 1 (0.93%) Informatica
7 1 (0.93%) Murex
7 1 (0.93%) Salesforce
7 1 (0.93%) Temenos