The median annual salary for a Banking Business Analyst was £72,500 in advertised job vacancies during the 3 months to 30 March 2017.

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

Business Analyst - Banking
UK
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank 776 847 851
Rank change year-on-year +71 +4  
Permanent jobs requiring a Banking Business Analyst 76 103 118
As % of all permanent IT jobs advertised in the UK 0.089% 0.098% 0.11%
As % of the Job Titles category 0.092% 0.10% 0.11%
Number of salaries quoted 72 89 99
Median salary £72,500 £57,500 £57,500
Median salary % change year-on-year +26.08% -  
90% offered a salary of more than £52,500 £42,000 £37,000
10% offered a salary of more than £80,000 £77,500 £75,500
UK excluding London median salary £50,000 £42,500 £43,500
% change year-on-year +17.64% -2.29%  

The next table is for comparison with the above and includes summary statistics for all job roles in permanent job vacancies. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of permanent jobs in our overall sample.

IT Job Roles
UK
Permanent job vacancies with a job title containing a recognized job role 82331 100795 104032
As % of all permanent IT job vacancies advertised in the UK 96.29% 96.38% 96.64%
Number of salaries quoted 68376 84445 84981
Median salary £45,000 £45,000 £45,000
90% offered a salary of more than £27,500 £27,500 £26,500
10% offered a salary of more than £72,500 £70,000 £70,000
UK excluding London median salary £41,995 £41,500 £40,000
% change year-on-year +1.19% +3.75%  

Banking Business Analyst
Job Vacancy Trend

The job posting trend of jobs advertised that featured Banking Business Analyst in the job title.

Job vacancy trend for Banking Business Analyst in the UK

Banking Business Analyst
Salary Trend

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

Salary trend for Banking Business Analyst in the UK

Banking Business Analyst
Salary Histogram

The salary distribution of IT jobs citing Banking Business Analyst over the 3 months to 30 March 2017.

Salary histogram for Banking Business Analyst in the UK

Banking Business Analyst
Top 10 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking Business Analyst within the UK over the 3 months to 30 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +50 76 £72,500 +26.08% 12
London +60 72 £72,500 +6.22% 9
City of London +20 5 £60,000 +9.09% 1
West Midlands +29 2 £50,000 +5.26%
Birmingham +18 2 £50,000 +5.26%
Yorkshire +18 1 £47,500 +49.60%
South Yorkshire -3 1 £47,500 +49.60%
Sheffield -4 1 £47,500 +49.60%
North West -16 1 - - 3
Manchester -23 1 - - 1

Banking Business Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 30 March 2017, Banking Business 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 Business Analyst in the job title.

1 160 (100.00%) Banking
2 148 (92.50%) Finance
3 114 (71.25%) Business Analysis
4 98 (61.25%) Stakeholder Management
5 48 (30.00%) Agile Software Development
5 48 (30.00%) SQL
6 47 (29.38%) Target Operating Model
7 46 (28.75%) Private Banking
8 39 (24.38%) Legal
8 39 (24.38%) Back Office
9 36 (22.50%) Marketing
10 35 (21.88%) MS Excel
11 33 (20.63%) Retail
12 31 (19.38%) Asset Management
13 30 (18.75%) Online Banking
13 30 (18.75%) MiFID
13 30 (18.75%) User Acceptance Testing
14 28 (17.50%) Scrum
15 27 (16.88%) Corporate Banking
16 26 (16.25%) Investment Banking
17 23 (14.38%) Microsoft
17 23 (14.38%) Anti-Money Laundering
17 23 (14.38%) DevOps
18 22 (13.75%) Project Management
19 19 (11.88%) Wealth Management
20 18 (11.25%) Analytics
21 17 (10.63%) PRINCE2
21 17 (10.63%) Actimize
22 16 (10.00%) Data Analysis
22 16 (10.00%) XML

Banking Business 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 13 (8.13%) SharePoint
2 3 (1.88%) MS Exchange
3 1 (0.63%) JBoss
3 1 (0.63%) SAS
Applications
1 35 (21.88%) MS Excel
2 11 (6.88%) MS Project
3 3 (1.88%) MS Office
3 3 (1.88%) MS PowerPoint
Business Applications
1 4 (2.50%) Dynamics CRM
2 2 (1.25%) Temenos T24
3 1 (0.63%) Finacle
3 1 (0.63%) Orchestrade
3 1 (0.63%) Summit
3 1 (0.63%) Temenos Globus
Cloud Services
1 2 (1.25%) Amazon AWS
2 1 (0.63%) Yammer
Communications & Networking
1 4 (2.50%) Firewall
1 4 (2.50%) Network Security
2 2 (1.25%) CTI
2 2 (1.25%) SMS
Database & Business Intelligence
1 15 (9.38%) SQL Server
2 2 (1.25%) Big Data
2 2 (1.25%) Hadoop
3 1 (0.63%) BusinessObjects
3 1 (0.63%) Data Warehouse
3 1 (0.63%) IBM InfoSphere
3 1 (0.63%) QlikView
3 1 (0.63%) Relational Database
Development Applications
1 11 (6.88%) JIRA
2 1 (0.63%) ERwin
2 1 (0.63%) SQL Server Management Studio (SSMS)
General
1 160 (100.00%) Banking
2 148 (92.50%) Finance
3 46 (28.75%) Private Banking
4 39 (24.38%) Back Office
4 39 (24.38%) Legal
5 36 (22.50%) Marketing
6 33 (20.63%) Retail
7 27 (16.88%) Corporate Banking
8 26 (16.25%) Investment Banking
9 12 (7.50%) Financial Institution
10 7 (4.38%) Front Office
11 5 (3.13%) Retail Banking
12 1 (0.63%) Billing
12 1 (0.63%) Danish Language
12 1 (0.63%) Publishing
12 1 (0.63%) Telecoms
Libraries, Frameworks & Software Standards
1 16 (10.00%) XML
2 14 (8.75%) XML Schema
2 14 (8.75%) XSD
3 6 (3.75%) .NET
4 1 (0.63%) Drools
4 1 (0.63%) FIX Protocol
4 1 (0.63%) JRules
Miscellaneous
1 30 (18.75%) Online Banking
2 14 (8.75%) Credit Risk
3 13 (8.13%) Fixed Income
4 12 (7.50%) Analytical Skills
4 12 (7.50%) Equities
4 12 (7.50%) Hedge funds
5 5 (3.13%) Derivative
5 5 (3.13%) User Experience
6 4 (2.50%) PKI
6 4 (2.50%) SWIFT
7 2 (1.25%) Fintech
7 2 (1.25%) Foreign Exchange (FX)
7 2 (1.25%) Virtual Team
8 1 (0.63%) Market Risk
8 1 (0.63%) PMI
8 1 (0.63%) Reference Data
8 1 (0.63%) Robotics
Operating Systems
1 14 (8.75%) Windows
1 14 (8.75%) Windows Server
Processes & Methodologies
1 114 (71.25%) Business Analysis
2 98 (61.25%) Stakeholder Management
3 48 (30.00%) Agile Software Development
4 47 (29.38%) Target Operating Model
5 31 (19.38%) Asset Management
6 30 (18.75%) User Acceptance Testing
7 28 (17.50%) Scrum
8 23 (14.38%) Anti-Money Laundering
8 23 (14.38%) DevOps
9 22 (13.75%) Project Management
10 19 (11.88%) Wealth Management
11 18 (11.25%) Analytics
12 17 (10.63%) PRINCE2
13 16 (10.00%) Data Analysis
13 16 (10.00%) SDLC
14 15 (9.38%) Functional Testing
15 14 (8.75%) Investment Management
15 14 (8.75%) Kalman Filter
15 14 (8.75%) System Integration Testing
15 14 (8.75%) Waterfall
Programming Languages
1 48 (30.00%) SQL
2 7 (4.38%) VB
3 2 (1.25%) C
3 2 (1.25%) C#
4 1 (0.63%) JavaScript
4 1 (0.63%) Python
4 1 (0.63%) R
4 1 (0.63%) VBA
Qualifications
1 9 (5.63%) ISEB
2 5 (3.13%) Degree
3 4 (2.50%) ACCA
3 4 (2.50%) CIMA
4 3 (1.88%) CIPFA
5 1 (0.63%) ISTQB
5 1 (0.63%) MBA
5 1 (0.63%) PMI Certification
5 1 (0.63%) PMP
Quality Assurance & Compliance
1 30 (18.75%) MiFID
2 14 (8.75%) Basel III
3 11 (6.88%) Basel II
4 9 (5.63%) FATCA
5 8 (5.00%) QA
6 3 (1.88%) IFRS
6 3 (1.88%) IFRS 9
7 2 (1.25%) Data Quality
7 2 (1.25%) SEPA
8 1 (0.63%) Dodd-Frank
8 1 (0.63%) Solvency II
8 1 (0.63%) TARGET2
Vendors
1 23 (14.38%) Microsoft
2 17 (10.63%) Actimize
3 3 (1.88%) Temenos
4 1 (0.63%) Bloomberg
4 1 (0.63%) Calypso
4 1 (0.63%) Cognizant
4 1 (0.63%) ILOG
4 1 (0.63%) JD Edwards
4 1 (0.63%) Murex
4 1 (0.63%) Pega
4 1 (0.63%) Reuters
4 1 (0.63%) Tableau
4 1 (0.63%) Trillium
4 1 (0.63%) TSYS
4 1 (0.63%) Unisys
London
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Salary: £75000 - £90000 per annum + c.25% Bonus + 10% Pension
Posted: 3 hours ago
City, London
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Salary: Plus Bonus and Benefits
Posted: Yesterday
London
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Salary: £75000 - £110000 per annum + 25% Bonus + 10% Pension
Posted: 3 hours ago
London
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Salary: £55000 - £70000 per annum + Package
Posted: 2 days ago
London
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Salary: Unspecified Market Rate + Bonus + Benefits
Posted: 3 days ago
Edinburgh, Midlothian
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Posted: 18 days ago
London
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Posted: 18 days ago
London
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