Period
to 21 January 2018

The median annual salary for a Banking Analyst was £57,500 in advertised job vacancies during the 6 months to 21 January 2018.

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 Jan 2018
Same period 2017 Same period 2016
Rank 696 703 621
Rank change year-on-year +7 -82 +119
Permanent jobs requiring a Banking Analyst 522 520 807
As % of all permanent IT jobs advertised in the UK 0.30% 0.30% 0.39%
As % of the Job Titles category 0.32% 0.31% 0.40%
Number of salaries quoted 426 418 612
UK median annual salary £57,500 £55,000 £55,000
Median salary % change year-on-year +4.55% - +4.76%
10th Percentile £35,000 £36,250 £32,500
90th Percentile £81,250 £77,875 £76,250
UK excluding London median annual salary £48,750 £47,000 £42,500
% change year-on-year +3.72% +10.59% -5.56%

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 165,167 169,750 201,213
% of permanent IT jobs with a recognized job title 96.09% 96.48% 96.59%
Number of salaries quoted 134,266 141,304 168,229
UK median annual salary £50,000 £47,500 £46,000
Median salary % change year-on-year +5.26% +3.26% +2.22%
10th Percentile £27,500 £27,000 £26,673
90th Percentile £80,000 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £41,500
% change year-on-year - +2.41% +3.75%

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 January 2018.

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 21 January 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
England +16 512 £57,500 +4.55% 28
London +4 462 £57,500 +4.55% 22
UK excluding London +19 59 £48,750 +3.72% 7
North of England +14 30 £50,000 +11.11%
North West 0 22 £45,000 -
Midlands +32 12 £55,000 -2.65% 1
West Midlands +9 12 £55,000 -2.65% 1
Scotland -30 9 £37,000 -32.73%
Yorkshire +27 8 £53,000 +12.77%
South East +11 4 £40,000 -33.33%
South West - 3 £40,000 - 5
East of England +7 2 £47,500 +58.33%

Banking Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 21 January 2018, 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.

1 522 (100.00%) Banking
2 393 (75.29%) Finance
3 180 (34.48%) SQL
4 153 (29.31%) Investment Banking
5 148 (28.35%) Business Analysis
6 106 (20.31%) Agile Software Development
7 95 (18.20%) Front Office
8 92 (17.62%) Degree
9 87 (16.67%) Windows
10 78 (14.94%) SQL Server
11 76 (14.56%) Stakeholder Management
12 75 (14.37%) Derivative
13 74 (14.18%) Unix
14 71 (13.60%) Private Banking
15 67 (12.84%) Corporate Banking
15 67 (12.84%) Back Office
16 64 (12.26%) Marketing
17 58 (11.11%) Retail Banking
18 57 (10.92%) User Acceptance Testing
19 56 (10.73%) Analytical Skills
20 54 (10.34%) Fixed Income
20 54 (10.34%) GAP Analysis
20 54 (10.34%) Business Intelligence
20 54 (10.34%) Foreign Exchange (FX)
21 52 (9.96%) Equities
22 51 (9.77%) Tableau
23 50 (9.58%) Data Analysis
24 46 (8.81%) ITIL
24 46 (8.81%) QA
25 45 (8.62%) MiFID

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 34 (6.51%) IIS
2 30 (5.75%) Apache
3 25 (4.79%) Tomcat
4 23 (4.41%) SharePoint
5 9 (1.72%) WebLogic
6 7 (1.34%) SAS
7 6 (1.15%) CMS
8 4 (0.77%) Confluence
8 4 (0.77%) Exchange Server 2010
8 4 (0.77%) Exchange Server 2013
8 4 (0.77%) MS Exchange
9 3 (0.57%) MQSeries
10 2 (0.38%) Skype for Business
Applications
1 43 (8.24%) Microsoft Excel
2 16 (3.07%) Microsoft Project
3 13 (2.49%) Microsoft PowerPoint
4 11 (2.11%) Microsoft Office
5 9 (1.72%) MS Visio
6 1 (0.19%) FreeHand
Business Applications
1 11 (2.11%) FLEXCUBE
2 7 (1.34%) WebTrends
3 6 (1.15%) Actimize
3 6 (1.15%) Markit EDM
3 6 (1.15%) Oracle Cash Management
3 6 (1.15%) VisionPLUS
4 5 (0.96%) Dynamics CRM
5 3 (0.57%) Salesforce.com CRM
6 2 (0.38%) Eikon
7 1 (0.19%) Dynamics AX
7 1 (0.19%) MetaTrader
7 1 (0.19%) Remedy ITSM
Cloud Services
1 11 (2.11%) Amazon AWS
1 11 (2.11%) OpenShift
2 7 (1.34%) Adobe Analytics
3 6 (1.15%) Office 365
4 4 (0.77%) Azure Active Directory
4 4 (0.77%) Dynamics 365
4 4 (0.77%) Microsoft Azure
5 2 (0.38%) IBM Blueworks
Communications & Networking
1 11 (2.11%) Firewall
2 8 (1.53%) Internet
3 5 (0.96%) SAN
4 4 (0.77%) DNS
4 4 (0.77%) FTP
4 4 (0.77%) TCP/IP
5 3 (0.57%) VPN
5 3 (0.57%) Wireless
6 2 (0.38%) BGP
6 2 (0.38%) Cisco IOS
6 2 (0.38%) DHCP
6 2 (0.38%) DSL
6 2 (0.38%) EIGRP
6 2 (0.38%) F5 BIG-IP LTM
6 2 (0.38%) Junos
6 2 (0.38%) MPLS
6 2 (0.38%) Network Security
6 2 (0.38%) OSPF
6 2 (0.38%) VPLS
6 2 (0.38%) X.509
Database & Business Intelligence
1 78 (14.94%) SQL Server
2 32 (6.13%) Power BI
3 28 (5.36%) QlikView
4 14 (2.68%) Data Warehouse
5 12 (2.30%) MS Access
6 7 (1.34%) Big Data
7 5 (0.96%) MySQL
8 4 (0.77%) PowerPivot
9 3 (0.57%) BusinessObjects
9 3 (0.57%) Data Mining
9 3 (0.57%) Enterprise Data Warehouse
9 3 (0.57%) Oracle Database
9 3 (0.57%) SQL Server 2008
10 2 (0.38%) Hadoop
10 2 (0.38%) Oracle Database 11g
10 2 (0.38%) RDBMS
10 2 (0.38%) Relational Database
10 2 (0.38%) SQL Server 2005
11 1 (0.19%) MariaDB
11 1 (0.19%) SQL Server 2012
Development Applications
1 29 (5.56%) HP UFT
1 29 (5.56%) JIRA
1 29 (5.56%) Selenium
2 25 (4.79%) SoapUI
3 11 (2.11%) SQL Server Management Studio (SSMS)
General
1 522 (100.00%) Banking
2 393 (75.29%) Finance
3 153 (29.31%) Investment Banking
4 95 (18.20%) Front Office
5 71 (13.60%) Private Banking
6 67 (12.84%) Back Office
6 67 (12.84%) Corporate Banking
7 64 (12.26%) Marketing
8 58 (11.11%) Retail Banking
9 29 (5.56%) Legal
10 25 (4.79%) Financial Institution
11 23 (4.41%) International Banking
12 9 (1.72%) Law
13 3 (0.57%) Retail
14 2 (0.38%) General Ledger
14 2 (0.38%) German Language
15 1 (0.19%) Mandarin Language
Libraries, Frameworks & Software Standards
1 33 (6.32%) XML
2 27 (5.17%) REST
3 25 (4.79%) MSMQ
3 25 (4.79%) RabbitMQ
3 25 (4.79%) RESTful
3 25 (4.79%) WebSphere MQ
4 11 (2.11%) Middleware
5 7 (1.34%) .NET
6 6 (1.15%) FIX Protocol
6 6 (1.15%) J2EE
7 4 (0.77%) LAMP
8 1 (0.19%) Silverlight
8 1 (0.19%) WPF
Miscellaneous
1 75 (14.37%) Derivative
2 56 (10.73%) Analytical Skills
3 54 (10.34%) Fixed Income
3 54 (10.34%) Foreign Exchange (FX)
4 52 (9.96%) Equities
5 28 (5.36%) Virtual Team
6 24 (4.60%) Fintech
7 23 (4.41%) Credit Derivative
8 22 (4.21%) Computer Science
9 21 (4.02%) Credit Risk
9 21 (4.02%) SWIFT
10 15 (2.87%) Greenfield Project
11 11 (2.11%) User Experience
12 10 (1.92%) Data Structures
12 10 (1.92%) Hedge funds
13 6 (1.15%) DTCC
13 6 (1.15%) iPhone
14 5 (0.96%) Cyberthreat
14 5 (0.96%) Exotic Derivative
14 5 (0.96%) Management Information System
Operating Systems
1 87 (16.67%) Windows
2 74 (14.18%) Unix
3 42 (8.05%) Linux
4 15 (2.87%) Windows Server
5 12 (2.30%) Windows 7
6 9 (1.72%) Windows 10
7 6 (1.15%) Android
7 6 (1.15%) Windows Server 2012
8 3 (0.57%) Windows Server 2008
9 2 (0.38%) Mac OS X
9 2 (0.38%) Red Hat Enterprise Linux
9 2 (0.38%) Solaris
9 2 (0.38%) Windows 8
10 1 (0.19%) Windows NT
10 1 (0.19%) Windows Server 2003
Processes & Methodologies
1 148 (28.35%) Business Analysis
2 106 (20.31%) Agile Software Development
3 76 (14.56%) Stakeholder Management
4 57 (10.92%) User Acceptance Testing
5 54 (10.34%) Business Intelligence
5 54 (10.34%) GAP Analysis
6 50 (9.58%) Data Analysis
7 46 (8.81%) ITIL
8 43 (8.24%) Change Management
8 43 (8.24%) Risk Management
9 40 (7.66%) Target Operating Model
10 39 (7.47%) Incident Management
11 36 (6.90%) Data Management
11 36 (6.90%) Visualisation
12 34 (6.51%) Test Automation
13 33 (6.32%) Analytics
13 33 (6.32%) Service Management
14 30 (5.75%) Regression Testing
15 29 (5.56%) Configuration Management
15 29 (5.56%) SDLC
Programming Languages
1 180 (34.48%) SQL
2 16 (3.07%) PowerShell
3 15 (2.87%) Java
4 14 (2.68%) VBA
5 11 (2.11%) Python
6 9 (1.72%) Perl
7 6 (1.15%) C#
8 4 (0.77%) PHP
8 4 (0.77%) R
9 3 (0.57%) Bash Shell
9 3 (0.57%) Bourne shell
9 3 (0.57%) Korn
9 3 (0.57%) Ruby
10 2 (0.38%) C++
10 2 (0.38%) MATLAB
10 2 (0.38%) PL/SQL
10 2 (0.38%) RPG
10 2 (0.38%) T-SQL
10 2 (0.38%) VB.NET
11 1 (0.19%) VB
Qualifications
1 92 (17.62%) Degree
2 16 (3.07%) Computer Science Degree
3 15 (2.87%) CISSP
4 13 (2.49%) GIAC
5 12 (2.30%) ITIL Certification
6 11 (2.11%) CISA
6 11 (2.11%) CISM
7 5 (0.96%) ISEB
7 5 (0.96%) MCSA
7 5 (0.96%) Microsoft Certification
8 4 (0.77%) MCSE
8 4 (0.77%) PRINCE2 Certification
9 3 (0.57%) Numerate Degree
10 2 (0.38%) CCNA
10 2 (0.38%) CCNP
10 2 (0.38%) CCSA
10 2 (0.38%) CCSE
10 2 (0.38%) Check Point Certification
10 2 (0.38%) Cisco Certification
10 2 (0.38%) PMI Certification
Quality Assurance & Compliance
1 46 (8.81%) QA
2 45 (8.62%) MiFID
3 27 (5.17%) Data Quality
4 21 (4.02%) ISO 9001
5 17 (3.26%) SLA
6 15 (2.87%) GDPR
6 15 (2.87%) Sarbanes-Oxley
7 9 (1.72%) ISO/IEC 20000
8 8 (1.53%) PMO
9 6 (1.15%) SEPA
10 4 (0.77%) PSD2
11 2 (0.38%) ISO/IEC 27001
11 2 (0.38%) PCI DSS
12 1 (0.19%) Basel II
12 1 (0.19%) Basel III
12 1 (0.19%) COBIT
12 1 (0.19%) Dodd-Frank
12 1 (0.19%) EMIR
12 1 (0.19%) FATCA
12 1 (0.19%) UCITS
System Software
1 27 (5.17%) Active Directory
2 6 (1.15%) VMware Infrastructure
3 1 (0.19%) Virtual Desktop
Systems Management
1 18 (3.45%) SCCM
2 11 (2.11%) Ganglia
2 11 (2.11%) Nessus
2 11 (2.11%) OpenVAS
3 10 (1.92%) McAfee ePO
4 3 (0.57%) RSA Security Analytics
5 1 (0.19%) Control-M
Vendors
1 51 (9.77%) Tableau
2 43 (8.24%) Microsoft
3 26 (4.98%) Oracle
4 25 (4.79%) Informatica
5 23 (4.41%) Calypso
6 16 (3.07%) Splunk
7 13 (2.49%) Teradata
8 12 (2.30%) IBM
8 12 (2.30%) ServiceNow
8 12 (2.30%) VMware
9 11 (2.11%) Acunetix
9 11 (2.11%) Citrix
9 11 (2.11%) CyberArk
9 11 (2.11%) Palo Alto
9 11 (2.11%) Qualys
10 10 (1.92%) Alteryx
10 10 (1.92%) Cisco
10 10 (1.92%) McAfee
11 9 (1.72%) Salesforce.com
12 7 (1.34%) Bloomberg