Period
to 18 November 2017

The median annual salary for a Banking Business Analyst was £65,000 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.

Business Analyst - Banking
UK
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 1009 1059 1078
Rank change year-on-year +50 +19 -5
Permanent jobs requiring a Banking Business Analyst 168 163 236
As % of all permanent IT jobs advertised in the UK 0.094% 0.086% 0.11%
As % of the Job Titles category 0.098% 0.089% 0.11%
Number of salaries quoted 140 134 215
UK median annual salary £65,000 £67,500 £57,500
Median salary % change year-on-year -3.70% +17.39% -6.50%
10th Percentile £43,750 £38,750 £39,250
90th Percentile £81,250 £78,750 £77,500
UK excluding London median annual salary £50,000 £40,000 £42,500
% change year-on-year +25.00% -5.88% -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 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 Business Analyst
Job Vacancy Trend

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

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 6 months to 18 November 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 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 +29 165 £65,000 -3.70% 17
London +6 151 £70,000 +1.45% 15
UK excluding London +63 17 £50,000 +25.00% 2
North of England +10 8 £50,000 +8.70% 1
North West -16 5 £50,000 +1.01% 1
Yorkshire +34 3 £54,000 +17.39%
Midlands +29 3 £62,500 +10.62% 1
West Midlands +19 3 £62,500 +10.62% 1
South West - 3 £40,000 -
Scotland - 3 £47,500 -

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

For the 6 months to 18 November 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.

1 168 (100.00%) Banking
2 147 (87.50%) Finance
3 122 (72.62%) Business Analysis
4 82 (48.81%) Agile Software Development
5 76 (45.24%) Stakeholder Management
6 54 (32.14%) SQL
7 52 (30.95%) Investment Banking
7 52 (30.95%) User Acceptance Testing
8 51 (30.36%) Marketing
9 42 (25.00%) Corporate Banking
10 41 (24.40%) Front Office
11 37 (22.02%) SDLC
12 33 (19.64%) Data Mapping
12 33 (19.64%) JIRA
13 32 (19.05%) Back Office
13 32 (19.05%) Change Management
13 32 (19.05%) Target Operating Model
14 30 (17.86%) Financial Institution
15 28 (16.67%) SharePoint
15 28 (16.67%) Private Banking
16 27 (16.07%) Legal
16 27 (16.07%) Fixed Income
17 26 (15.48%) Equities
17 26 (15.48%) Asset Management
17 26 (15.48%) Business Change Management
18 25 (14.88%) PRINCE2
19 24 (14.29%) Microsoft Project
20 23 (13.69%) Waterfall
21 22 (13.10%) PRINCE
21 22 (13.10%) Project Management

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 28 (16.67%) SharePoint
2 8 (4.76%) Apache
2 8 (4.76%) IIS
2 8 (4.76%) Tomcat
3 6 (3.57%) CMS
4 4 (2.38%) Confluence
5 1 (0.60%) Apache Spark
Applications
1 24 (14.29%) Microsoft Project
2 4 (2.38%) Microsoft Excel
2 4 (2.38%) Microsoft PowerPoint
2 4 (2.38%) MS Visio
3 1 (0.60%) Microsoft Office
Business Applications
1 7 (4.17%) Dynamics CRM
2 6 (3.57%) VisionPLUS
3 4 (2.38%) Markit EDM
4 3 (1.79%) Salesforce.com CRM
Cloud Services
1 7 (4.17%) Dynamics 365
Database & Business Intelligence
1 10 (5.95%) SQL Server
2 5 (2.98%) Big Data
3 1 (0.60%) Hadoop
3 1 (0.60%) MS Access
3 1 (0.60%) Oracle Database
3 1 (0.60%) RDBMS
3 1 (0.60%) Relational Database
Development Applications
1 33 (19.64%) JIRA
General
1 168 (100.00%) Banking
2 147 (87.50%) Finance
3 52 (30.95%) Investment Banking
4 51 (30.36%) Marketing
5 42 (25.00%) Corporate Banking
6 41 (24.40%) Front Office
7 32 (19.05%) Back Office
8 30 (17.86%) Financial Institution
9 28 (16.67%) Private Banking
10 27 (16.07%) Legal
11 17 (10.12%) Retail Banking
12 9 (5.36%) International Banking
13 2 (1.19%) Law
13 2 (1.19%) Retail
Libraries, Frameworks & Software Standards
1 5 (2.98%) REST
2 4 (2.38%) FIX Protocol
3 1 (0.60%) .NET
3 1 (0.60%) Angular 2
3 1 (0.60%) AngularJS
Miscellaneous
1 27 (16.07%) Fixed Income
2 26 (15.48%) Equities
3 19 (11.31%) Hedge funds
4 11 (6.55%) Derivative
4 11 (6.55%) User Experience
5 9 (5.36%) Foreign Exchange (FX)
6 8 (4.76%) Analytical Skills
6 8 (4.76%) Credit Risk
6 8 (4.76%) Virtual Team
7 7 (4.17%) Online Banking
8 5 (2.98%) Computer Science
8 5 (2.98%) Exotic Derivative
8 5 (2.98%) Fintech
9 4 (2.38%) DTCC
10 3 (1.79%) Mobile App
10 3 (1.79%) Robotics
11 2 (1.19%) Mobile Banking
11 2 (1.19%) SWIFT
12 1 (0.60%) OTC Derivatives
Operating Systems
1 8 (4.76%) Unix
1 8 (4.76%) Windows
Processes & Methodologies
1 122 (72.62%) Business Analysis
2 82 (48.81%) Agile Software Development
3 76 (45.24%) Stakeholder Management
4 52 (30.95%) User Acceptance Testing
5 37 (22.02%) SDLC
6 33 (19.64%) Data Mapping
7 32 (19.05%) Change Management
7 32 (19.05%) Target Operating Model
8 26 (15.48%) Asset Management
8 26 (15.48%) Business Change Management
9 25 (14.88%) PRINCE2
10 23 (13.69%) Waterfall
11 22 (13.10%) PRINCE
11 22 (13.10%) Project Management
12 19 (11.31%) Data Flow Diagram
12 19 (11.31%) Data Management
12 19 (11.31%) Fund Management
13 17 (10.12%) TDD
14 13 (7.74%) Workflow
15 12 (7.14%) Process Improvement
Programming Languages
1 54 (32.14%) SQL
2 8 (4.76%) PowerShell
3 4 (2.38%) C
4 1 (0.60%) C#
4 1 (0.60%) Java
4 1 (0.60%) Python
4 1 (0.60%) VB.NET
4 1 (0.60%) VBA
Qualifications
1 8 (4.76%) Degree
1 8 (4.76%) ISEB
Quality Assurance & Compliance
1 19 (11.31%) MiFID
2 9 (5.36%) Data Quality
3 7 (4.17%) PSD2
4 5 (2.98%) IFRS
5 2 (1.19%) FATCA
5 2 (1.19%) QA
6 1 (0.60%) Dodd-Frank
6 1 (0.60%) EMIR
6 1 (0.60%) FINRA
6 1 (0.60%) UCITS
Vendors
1 12 (7.14%) Microsoft
2 8 (4.76%) Informatica
3 4 (2.38%) Murex
3 4 (2.38%) Trayport
3 4 (2.38%) Xceptor
4 3 (1.79%) Salesforce.com
5 2 (1.19%) NETSOL
6 1 (0.60%) Atlassian
6 1 (0.60%) Avaloq
6 1 (0.60%) Charles River
6 1 (0.60%) Fidessa
6 1 (0.60%) FNZ
6 1 (0.60%) Oracle