The median annual salary for a Banking Business Analyst was £70,000 in advertised job vacancies during the 3 months to 24 June 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
24 Jun 2017
Same period 2016 Same period 2015
Rank 828 832 848
Rank change year-on-year +4 +16  
Permanent jobs requiring a Banking Business Analyst 55 91 127
As % of all permanent IT jobs advertised in the UK 0.063% 0.092% 0.11%
As % of the Job Titles category 0.065% 0.096% 0.12%
Number of salaries quoted 41 74 115
Median salary £70,000 £63,750 £57,500
Median salary % change year-on-year +9.80% +10.86%  
90% offered a salary of more than £47,500 £45,750 £37,500
10% offered a salary of more than £80,000 £80,000 £75,000
UK excluding London median salary £63,250 £50,000 £47,500
% change year-on-year +26.50% +5.26%  

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 84418 95048 107138
As % of all permanent IT job vacancies advertised in the UK 95.97% 96.53% 96.59%
Number of salaries quoted 69006 80088 88313
Median salary £46,500 £47,500 £45,000
Median salary % change year-on-year -2.10% +5.55%  
90% offered a salary of more than £27,500 £27,500 £26,500
10% offered a salary of more than £74,000 £70,000 £71,500
UK excluding London median salary £42,500 £41,500 £40,000
% change year-on-year +2.40% +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 24 June 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 24 June 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 +16 55 £70,000 +9.80% 11
London +6 51 £70,000 - 11
City of London +38 21 £63,500 +20.95% 7
North West - 3 £46,500 -
Manchester - 2 £46,500 -
Chiswick - 1 £62,500 -
West Midlands - 1 £80,000 -
Merseyside - 1 - -
Liverpool - 1 - -
Birmingham - 1 £80,000 -

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

For the 6 months to 24 June 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.

1 135 (100.00%) Banking
2 119 (88.15%) Finance
3 91 (67.41%) Business Analysis
4 88 (65.19%) Stakeholder Management
5 53 (39.26%) Agile Software Development
6 46 (34.07%) SQL
7 36 (26.67%) Legal
7 36 (26.67%) Back Office
8 34 (25.19%) User Acceptance Testing
9 31 (22.96%) SDLC
9 31 (22.96%) Corporate Banking
10 30 (22.22%) Target Operating Model
11 29 (21.48%) Anti-Money Laundering
11 29 (21.48%) Asset Management
12 25 (18.52%) Investment Banking
12 25 (18.52%) Project Management
13 24 (17.78%) Private Banking
14 22 (16.30%) Marketing
14 22 (16.30%) Scrum
14 22 (16.30%) PRINCE2
14 22 (16.30%) Microsoft
15 21 (15.56%) SQL Server
15 21 (15.56%) Actimize
15 21 (15.56%) JIRA
15 21 (15.56%) DevOps
15 21 (15.56%) Waterfall
16 20 (14.81%) Fixed Income
17 19 (14.07%) Equities
17 19 (14.07%) Financial Institution
17 19 (14.07%) 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 18 (13.33%) SharePoint
2 3 (2.22%) MS Exchange
3 1 (0.74%) Apache Spark
Applications
1 18 (13.33%) Microsoft Project
2 5 (3.70%) Microsoft Excel
3 3 (2.22%) Microsoft Office
3 3 (2.22%) Microsoft PowerPoint
4 1 (0.74%) MS Visio
Business Applications
1 21 (15.56%) Actimize
2 2 (1.48%) Temenos T24
3 1 (0.74%) Dynamics CRM
3 1 (0.74%) Finacle
3 1 (0.74%) Summit
3 1 (0.74%) Temenos Globus
Cloud Services
1 1 (0.74%) Yammer
Communications & Networking
1 3 (2.22%) Firewall
1 3 (2.22%) Network Security
Database & Business Intelligence
1 21 (15.56%) SQL Server
2 3 (2.22%) Oracle Database
2 3 (2.22%) RDBMS
2 3 (2.22%) Relational Database
3 2 (1.48%) Big Data
3 2 (1.48%) Hadoop
4 1 (0.74%) Data Warehouse
Development Applications
1 21 (15.56%) JIRA
General
1 135 (100.00%) Banking
2 119 (88.15%) Finance
3 36 (26.67%) Back Office
3 36 (26.67%) Legal
4 31 (22.96%) Corporate Banking
5 25 (18.52%) Investment Banking
6 24 (17.78%) Private Banking
7 22 (16.30%) Marketing
8 19 (14.07%) Financial Institution
9 17 (12.59%) Retail
10 8 (5.93%) Front Office
10 8 (5.93%) International Banking
11 4 (2.96%) Retail Banking
12 1 (0.74%) Billing
12 1 (0.74%) French Language
12 1 (0.74%) German Language
12 1 (0.74%) Spanish Language
12 1 (0.74%) Telecoms
Libraries, Frameworks & Software Standards
1 19 (14.07%) XML
2 18 (13.33%) XML Schema
2 18 (13.33%) XSD
3 3 (2.22%) FIX Protocol
4 1 (0.74%) Angular 2
4 1 (0.74%) AngularJS
Miscellaneous
1 20 (14.81%) Fixed Income
2 19 (14.07%) Equities
3 18 (13.33%) Hedge funds
4 11 (8.15%) Online Banking
5 5 (3.70%) Foreign Exchange (FX)
6 4 (2.96%) Credit Risk
6 4 (2.96%) User Experience
7 3 (2.22%) PKI
7 3 (2.22%) Robotics
8 2 (1.48%) Fintech
8 2 (1.48%) Management Information System
8 2 (1.48%) SWIFT
9 1 (0.74%) Analytical Skills
9 1 (0.74%) Virtual Team
Operating Systems
1 18 (13.33%) Windows
1 18 (13.33%) Windows Server
Processes & Methodologies
1 91 (67.41%) Business Analysis
2 88 (65.19%) Stakeholder Management
3 53 (39.26%) Agile Software Development
4 34 (25.19%) User Acceptance Testing
5 31 (22.96%) SDLC
6 30 (22.22%) Target Operating Model
7 29 (21.48%) Anti-Money Laundering
7 29 (21.48%) Asset Management
8 25 (18.52%) Project Management
9 22 (16.30%) PRINCE2
9 22 (16.30%) Scrum
10 21 (15.56%) DevOps
10 21 (15.56%) Waterfall
11 19 (14.07%) Data Analysis
11 19 (14.07%) Functional Testing
11 19 (14.07%) Fund Management
11 19 (14.07%) System Integration Testing
12 18 (13.33%) Data Mapping
12 18 (13.33%) Fraud Modelling
12 18 (13.33%) TDD
Programming Languages
1 46 (34.07%) SQL
2 3 (2.22%) C
3 1 (0.74%) C#
3 1 (0.74%) Java
Qualifications
1 6 (4.44%) ISEB
2 3 (2.22%) Degree
3 1 (0.74%) ACCA
3 1 (0.74%) CIMA
3 1 (0.74%) CIPFA
3 1 (0.74%) MBA
3 1 (0.74%) PMP
Quality Assurance & Compliance
1 17 (12.59%) MiFID
2 8 (5.93%) FATCA
3 5 (3.70%) IFRS
4 1 (0.74%) Basel III
4 1 (0.74%) IFRS 9
4 1 (0.74%) QA
4 1 (0.74%) SEPA
Vendors
1 22 (16.30%) Microsoft
2 3 (2.22%) Oracle
2 3 (2.22%) Temenos
3 1 (0.74%) Cognizant
3 1 (0.74%) JD Edwards
3 1 (0.74%) Salesforce.com
3 1 (0.74%) TSYS
3 1 (0.74%) Unisys
City, London
ARC IT Recruitment Ltd
Salary: £50000 - £70000 per annum + Plus Bonus and Benefits
Posted: Yesterday
City, London
ANSON MCCADE
Salary: UKP 55000 per year
Posted: Yesterday
London
Joseph Harry Ltd
Salary: £70000 - £85000 per annum + 25% Bonus + 10% Pension
Posted: 2 days ago
City, London
ANSON MCCADE
Salary: Up to £40,000 - £60,000 + Bonus + Benefits
Posted: 4 days ago
City, London
ANSON MCCADE
Salary: £45,000k - £60,000k plus excellent benefits and rapid career progressi
Posted: 4 days ago
London
CGI
Salary: £40000 - £70000 per annum + benefits
Posted: 8 days ago
City, London
ANSON MCCADE
Salary: £45,000 - 65,000 + excellent benefits
Posted: 5 days ago
City of London
Deerfoot IT Resources Ltd
Salary: £70000 - £75000 per annum + BANKING BONUS AND BENEFITS
Posted: 25 days ago
City of London
Deerfoot IT Resources Ltd
Salary: £65000 - £70000 per annum + Banking bonus
Posted: 23 days ago