Period
to 18 November 2017

The median annual salary for a Banking Analyst was £57,500 in advertised job vacancies during the 6 months to 18 November 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
18 Nov 2017
Same period 2016 Same period 2015
Rank 642 744 608
Rank change year-on-year +102 -136 +88
Permanent jobs requiring a Banking Analyst 616 520 903
As % of all permanent IT jobs advertised in the UK 0.34% 0.27% 0.41%
As % of the Job Titles category 0.36% 0.28% 0.43%
Number of salaries quoted 500 393 713
UK median annual salary £57,500 £55,000 £55,000
Median salary % change year-on-year +4.55% - +4.76%
10th Percentile £36,225 £35,000 £35,000
90th Percentile £81,250 £76,250 £77,500
UK excluding London median annual salary £46,500 £45,000 £42,500
% change year-on-year +3.33% +5.88% -

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 171362 183209 211285
% of permanent IT jobs with a recognized job title 95.77% 96.48% 96.46%
Number of salaries quoted 137432 153366 175465
UK median annual salary £48,000 £47,500 £45,000
Median salary % change year-on-year +1.05% +5.56% -
10th Percentile £27,500 £27,000 £26,250
90th Percentile £78,750 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,500
% change year-on-year - +4.94% +1.25%

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 18 November 2017.

Salary histogram for Banking Analyst in the UK

Banking Analyst
Top 12 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 18 November 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 +85 605 £57,500 +4.55% 23
London +49 549 £60,000 +9.09% 20
UK excluding London +62 65 £46,500 +3.33% 4
North of England +1 34 £47,500 +1.06% 2
North West -18 26 £45,000 -10.00% 2
Scotland -3 10 £38,500 -14.44% 1
South West -4 10 £40,000 - 1
Midlands +32 9 £46,250 -17.04%
West Midlands +22 9 £46,250 -17.04%
Yorkshire +27 8 £53,000 +18.44%
East of England +5 2 £47,500 +26.67%
South East +30 1 £47,500 +6.74%

Banking Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 18 November 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.

1 616 (100.00%) Banking
2 464 (75.32%) Finance
3 216 (35.06%) SQL
4 186 (30.19%) Investment Banking
5 163 (26.46%) Business Analysis
6 142 (23.05%) Agile Software Development
7 104 (16.88%) Stakeholder Management
7 104 (16.88%) Front Office
8 100 (16.23%) Windows
9 95 (15.42%) Degree
10 90 (14.61%) Private Banking
11 87 (14.12%) SQL Server
12 76 (12.34%) Derivative
13 73 (11.85%) Unix
13 73 (11.85%) Corporate Banking
14 72 (11.69%) Equities
15 71 (11.53%) Fixed Income
15 71 (11.53%) Back Office
16 70 (11.36%) Marketing
17 68 (11.04%) User Acceptance Testing
18 66 (10.71%) Data Analysis
19 63 (10.23%) Analytical Skills
20 61 (9.90%) Change Management
20 61 (9.90%) ITIL
21 60 (9.74%) Foreign Exchange (FX)
22 57 (9.25%) Microsoft
23 55 (8.93%) Business Intelligence
23 55 (8.93%) MiFID
24 51 (8.28%) Retail Banking
24 51 (8.28%) Tableau

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 36 (5.84%) IIS
2 33 (5.36%) SharePoint
3 26 (4.22%) Apache
4 23 (3.73%) Tomcat
5 18 (2.92%) Exchange Server 2010
5 18 (2.92%) Exchange Server 2013
5 18 (2.92%) MS Exchange
6 8 (1.30%) SAS
6 8 (1.30%) WebLogic
7 6 (0.97%) CMS
7 6 (0.97%) WebSphere
8 4 (0.65%) Confluence
9 3 (0.49%) MQSeries
10 2 (0.32%) Apache Spark
10 2 (0.32%) IBM Notes
11 1 (0.16%) JBoss
11 1 (0.16%) SharePoint Server
11 1 (0.16%) Skype for Business
Applications
1 47 (7.63%) Microsoft Excel
2 25 (4.06%) Microsoft Project
3 12 (1.95%) Microsoft PowerPoint
4 9 (1.46%) MS Visio
5 7 (1.14%) Adobe Illustrator
5 7 (1.14%) Photoshop
6 6 (0.97%) Microsoft Office
Business Applications
1 9 (1.46%) Dynamics CRM
2 8 (1.30%) Actimize
2 8 (1.30%) FLEXCUBE
3 7 (1.14%) Oracle Cash Management
4 6 (0.97%) VisionPLUS
5 5 (0.81%) Markit EDM
6 3 (0.49%) Salesforce.com CRM
7 1 (0.16%) Eikon
7 1 (0.16%) Hyperion Planning
7 1 (0.16%) MetaTrader
7 1 (0.16%) Oracle EBS
7 1 (0.16%) Oracle Financials
7 1 (0.16%) Remedy ITSM
7 1 (0.16%) Summit
7 1 (0.16%) WebTrends
Cloud Services
1 21 (3.41%) Office 365
2 18 (2.92%) Microsoft Azure
3 16 (2.60%) Amazon AWS
4 13 (2.11%) Azure Active Directory
5 11 (1.79%) OpenShift
6 8 (1.30%) Dynamics 365
7 3 (0.49%) IBM Blueworks
8 1 (0.16%) Adobe Analytics
Communications & Networking
1 11 (1.79%) Firewall
2 7 (1.14%) Internet
3 6 (0.97%) TCP/IP
4 5 (0.81%) DNS
4 5 (0.81%) SAN
5 3 (0.49%) FTP
5 3 (0.49%) Network Security
5 3 (0.49%) VPN
5 3 (0.49%) Wireless
6 2 (0.32%) BGP
6 2 (0.32%) DHCP
6 2 (0.32%) DSL
6 2 (0.32%) EIGRP
6 2 (0.32%) F5 BIG-IP LTM
6 2 (0.32%) Intrusion Detection
6 2 (0.32%) Junos
6 2 (0.32%) MPLS
6 2 (0.32%) OSPF
6 2 (0.32%) VPLS
6 2 (0.32%) X.509
Database & Business Intelligence
1 87 (14.12%) SQL Server
2 42 (6.82%) QlikView
3 36 (5.84%) Power BI
4 12 (1.95%) MS Access
5 10 (1.62%) Data Warehouse
6 7 (1.14%) Big Data
7 5 (0.81%) Hadoop
8 4 (0.65%) Data Mining
8 4 (0.65%) Oracle Database
8 4 (0.65%) PowerPivot
8 4 (0.65%) RDBMS
8 4 (0.65%) Relational Database
8 4 (0.65%) SQL Server 2005
8 4 (0.65%) SQL Server 2008
9 3 (0.49%) Enterprise Data Warehouse
9 3 (0.49%) MySQL
10 2 (0.32%) Oracle Database 10g
10 2 (0.32%) Oracle Database 11g
11 1 (0.16%) DB2
11 1 (0.16%) Oracle BI EE
Development Applications
1 41 (6.66%) JIRA
2 29 (4.71%) Selenium
3 25 (4.06%) HP UFT
4 21 (3.41%) SoapUI
5 11 (1.79%) SQL Server Management Studio (SSMS)
6 7 (1.14%) Balsamiq Mockups
7 6 (0.97%) Octopus Deploy
7 6 (0.97%) Team Foundation Server
7 6 (0.97%) TeamCity
8 5 (0.81%) Atlassian Bamboo
8 5 (0.81%) Hudson
8 5 (0.81%) MSBuild
9 2 (0.32%) Jenkins
10 1 (0.16%) eggPlant
10 1 (0.16%) JIRA Agile
10 1 (0.16%) JMeter
10 1 (0.16%) Ranorex
10 1 (0.16%) Subversion
10 1 (0.16%) TestNG
10 1 (0.16%) WATIR
General
1 616 (100.00%) Banking
2 464 (75.32%) Finance
3 186 (30.19%) Investment Banking
4 104 (16.88%) Front Office
5 90 (14.61%) Private Banking
6 73 (11.85%) Corporate Banking
7 71 (11.53%) Back Office
8 70 (11.36%) Marketing
9 51 (8.28%) Retail Banking
10 39 (6.33%) Financial Institution
11 35 (5.68%) Legal
12 25 (4.06%) International Banking
13 3 (0.49%) Japanese Language
13 3 (0.49%) Law
13 3 (0.49%) Retail
14 2 (0.32%) General Ledger
15 1 (0.16%) French Language
15 1 (0.16%) German Language
15 1 (0.16%) Mandarin Language
15 1 (0.16%) Spanish Language
Libraries, Frameworks & Software Standards
1 26 (4.22%) MSMQ
1 26 (4.22%) RabbitMQ
1 26 (4.22%) REST
1 26 (4.22%) WebSphere MQ
2 25 (4.06%) XML
3 20 (3.25%) RESTful
4 13 (2.11%) Middleware
5 12 (1.95%) .NET
6 11 (1.79%) FIX Protocol
7 8 (1.30%) J2EE
8 3 (0.49%) LAMP
9 2 (0.32%) AngularJS
9 2 (0.32%) WPF
10 1 (0.16%) ActiveMQ
10 1 (0.16%) Angular 2
10 1 (0.16%) Gherkin
10 1 (0.16%) HTML
10 1 (0.16%) HTML5
10 1 (0.16%) SOAP
10 1 (0.16%) Spring Boot
Miscellaneous
1 76 (12.34%) Derivative
2 72 (11.69%) Equities
3 71 (11.53%) Fixed Income
4 63 (10.23%) Analytical Skills
5 60 (9.74%) Foreign Exchange (FX)
6 24 (3.90%) Computer Science
6 24 (3.90%) Virtual Team
7 21 (3.41%) SWIFT
8 20 (3.25%) Credit Derivative
8 20 (3.25%) Fintech
8 20 (3.25%) Hedge funds
9 18 (2.92%) User Experience
10 15 (2.44%) Online Banking
11 14 (2.27%) Credit Risk
12 6 (0.97%) Data Centre
12 6 (0.97%) Management Information System
13 5 (0.81%) DTCC
13 5 (0.81%) Exotic Derivative
13 5 (0.81%) Fat Client
13 5 (0.81%) Thin Client
Operating Systems
1 100 (16.23%) Windows
2 73 (11.85%) Unix
3 48 (7.79%) Linux
4 35 (5.68%) Windows Server
5 19 (3.08%) Windows Server 2012
6 10 (1.62%) Red Hat Enterprise Linux
7 9 (1.46%) Windows 7
8 6 (0.97%) Windows 10
9 4 (0.65%) Android
10 3 (0.49%) Mac OS X
11 2 (0.32%) Apple iOS
11 2 (0.32%) Solaris
11 2 (0.32%) Windows 8
11 2 (0.32%) Windows NT
11 2 (0.32%) Windows Server 2008
12 1 (0.16%) AIX
12 1 (0.16%) Windows Server 2003
Processes & Methodologies
1 163 (26.46%) Business Analysis
2 142 (23.05%) Agile Software Development
3 104 (16.88%) Stakeholder Management
4 68 (11.04%) User Acceptance Testing
5 66 (10.71%) Data Analysis
6 61 (9.90%) Change Management
6 61 (9.90%) ITIL
7 55 (8.93%) Business Intelligence
8 51 (8.28%) GAP Analysis
9 49 (7.95%) SDLC
10 42 (6.82%) Target Operating Model
11 41 (6.66%) Asset Management
12 40 (6.49%) Visualisation
13 37 (6.01%) Incident Management
13 37 (6.01%) Service Management
13 37 (6.01%) Test Automation
14 34 (5.52%) Risk Management
15 33 (5.36%) Configuration Management
15 33 (5.36%) Data Mapping
16 30 (4.87%) PRINCE2
Programming Languages
1 216 (35.06%) SQL
2 34 (5.52%) PowerShell
3 28 (4.55%) Java
4 21 (3.41%) VBA
5 20 (3.25%) Python
6 17 (2.76%) Perl
7 13 (2.11%) Bash Shell
8 12 (1.95%) Bourne shell
8 12 (1.95%) Korn
8 12 (1.95%) Ruby
9 7 (1.14%) C#
10 5 (0.81%) C
10 5 (0.81%) C++
11 3 (0.49%) PHP
11 3 (0.49%) R
12 2 (0.32%) RPG
13 1 (0.16%) MATLAB
13 1 (0.16%) PL/SQL
13 1 (0.16%) Shell Script
13 1 (0.16%) VB.NET
Qualifications
1 95 (15.42%) Degree
2 22 (3.57%) CISSP
3 18 (2.92%) CISM
4 14 (2.27%) Computer Science Degree
5 12 (1.95%) CRISC
5 12 (1.95%) ITIL Certification
6 9 (1.46%) CISA
6 9 (1.46%) GIAC
6 9 (1.46%) ISEB
7 8 (1.30%) SANS
8 4 (0.65%) Cisco Certification
9 3 (0.49%) CCNA
9 3 (0.49%) CCNP
9 3 (0.49%) MCSA
9 3 (0.49%) Microsoft Certification
9 3 (0.49%) PRINCE2 Certification
10 2 (0.32%) CCSA
10 2 (0.32%) Check Point Certification
10 2 (0.32%) MCSE
10 2 (0.32%) Numerate Degree
Quality Assurance & Compliance
1 55 (8.93%) MiFID
2 43 (6.98%) QA
3 25 (4.06%) Data Quality
4 23 (3.73%) ISO 9001
5 20 (3.25%) GDPR
6 16 (2.60%) SLA
7 15 (2.44%) Sarbanes-Oxley
8 11 (1.79%) ISO/IEC 20000
9 9 (1.46%) COBIT
9 9 (1.46%) SEPA
10 8 (1.30%) PMO
11 7 (1.14%) PSD2
12 5 (0.81%) IFRS
13 3 (0.49%) ISO/IEC 27001
14 2 (0.32%) Dodd-Frank
14 2 (0.32%) EMIR
14 2 (0.32%) FATCA
14 2 (0.32%) FINRA
14 2 (0.32%) PCI DSS
15 1 (0.16%) UCITS
System Software
1 38 (6.17%) Active Directory
2 6 (0.97%) VMware Infrastructure
3 1 (0.16%) Virtual Desktop
Systems Management
1 29 (4.71%) SCCM
2 11 (1.79%) Ganglia
3 7 (1.14%) Nessus
3 7 (1.14%) OpenVAS
4 6 (0.97%) McAfee ePO
4 6 (0.97%) Opscode Chef
4 6 (0.97%) Puppet
5 5 (0.81%) Ansible
5 5 (0.81%) Nagios
6 3 (0.49%) Control-M
7 1 (0.16%) Host Intrusion Detection System
7 1 (0.16%) MAILsweeper
7 1 (0.16%) RSA Security Analytics
Vendors
1 57 (9.25%) Microsoft
2 51 (8.28%) Tableau
3 31 (5.03%) Oracle
4 25 (4.06%) Citrix
4 25 (4.06%) VMware
5 24 (3.90%) Calypso
6 22 (3.57%) Informatica
6 22 (3.57%) Splunk
7 13 (2.11%) IBM
7 13 (2.11%) Teradata
8 12 (1.95%) ServiceNow
9 11 (1.79%) Cisco
9 11 (1.79%) Cognizant
10 9 (1.46%) Salesforce.com
11 8 (1.30%) Adobe
11 8 (1.30%) Bloomberg
12 7 (1.14%) Acunetix
12 7 (1.14%) CyberArk
12 7 (1.14%) Palo Alto
12 7 (1.14%) Qualys