Period
to 28 October 2021

The table below looks at the prevalence of the term Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Banking over the 6 months to 28 October 2021 with a comparison to the same period over the previous 2 years.

Banking
UK
6 months to
28 Oct 2021
Same period 2020 Same period 2019
Rank 74 71 60
Rank change year-on-year -3 -11 -16
Permanent jobs citing Banking 5,145 2,042 6,425
As % of all permanent jobs advertised in the UK 4.05% 4.11% 4.69%
As % of the General category 6.87% 8.11% 8.50%
Number of salaries quoted 3,111 1,642 4,923
10th Percentile £41,491 £47,050 £37,000
25th Percentile £55,000 £61,250 £51,250
Median annual salary (50th Percentile) £75,000 £77,500 £67,500
Median % change year-on-year -3.23% +14.81% +3.85%
75th Percentile £97,500 £98,750 £87,500
90th Percentile £116,250 £120,000 £110,000
UK excluding London median annual salary £57,500 £50,000 £53,742
% change year-on-year +15.00% -6.96% +7.48%

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for common skills.

All General Skills
UK
Permanent vacancies with a requirement for common skills 74,846 25,182 75,553
As % of all permanent IT jobs advertised in the UK 58.88% 50.74% 55.14%
Number of salaries quoted 45,735 20,321 57,964
10th Percentile £31,250 £32,500 £28,500
25th Percentile £41,750 £41,250 £37,500
Median annual salary (50th Percentile) £57,500 £56,000 £52,500
Median % change year-on-year +2.68% +6.67% +5.00%
75th Percentile £77,500 £76,250 £72,500
90th Percentile £96,250 £95,000 £90,000
UK excluding London median annual salary £47,500 £47,500 £45,000
% change year-on-year - +5.56% -

Banking
Job Vacancy Trend

Job postings citing Banking as a proportion of all IT jobs advertised.

Job vacancy trend for Banking in the UK

Banking
Salary Trend

3-month moving average salary quoted in jobs citing Banking.

Salary trend for Banking in the UK

Banking
Salary Histogram

Salary distribution for jobs citing Banking over the 6 months to 28 October 2021.

Salary histogram for Banking in the UK

Banking
Top 19 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking within the UK over the 6 months to 28 October 2021. 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 +1 4,703 £77,500 - 719
London -19 3,493 £80,000 - 552
UK excluding London +106 1,398 £57,500 +15.00% 205
Work from Home +16 882 £75,000 +7.14% 91
South East +118 611 £70,000 +14.29% 38
North of England +34 301 £51,500 +5.10% 84
Scotland -10 185 £57,361 +22.04% 30
North West -3 158 £52,500 +7.14% 49
Midlands -38 124 £53,875 +2.62% 20
Yorkshire -9 101 £53,500 +16.30% 24
South West -17 93 £62,500 +47.06% 12
West Midlands -60 66 £55,000 +4.76% 8
East Midlands -25 57 £53,750 -8.51% 12
North East +6 42 £51,500 -20.77% 11
East of England -82 31 £53,750 -45.71% 11
Northern Ireland -24 29 £65,000 +30.00% 2
Wales -31 25 £65,000 +44.44% 8
Isle of Man - 3 - -
Channel Islands - 1 - -

For the 6 months to 28 October 2021, IT jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads with a requirement for Banking.

1 3,528 (68.57%) Finance
2 2,189 (42.55%) Agile Software Development
3 1,555 (30.22%) Java
4 1,329 (25.83%) Social Skills
5 1,291 (25.09%) AWS
6 1,180 (22.93%) Software Engineering
7 1,152 (22.39%) Python
8 1,100 (21.38%) DevOps
9 1,075 (20.89%) SQL
10 1,036 (20.14%) Microservices
11 902 (17.53%) Fintech
12 878 (17.07%) Degree
13 870 (16.91%) Azure
14 741 (14.40%) React
15 729 (14.17%) Investment Banking
16 706 (13.72%) JavaScript
17 690 (13.41%) Linux
18 668 (12.98%) Computer Science
19 662 (12.87%) TDD
20 653 (12.69%) Test Automation
21 645 (12.54%) Git (software)
21 645 (12.54%) Problem-Solving
22 624 (12.13%) Kafka
23 613 (11.91%) Node.js
24 591 (11.49%) Scrum
25 589 (11.45%) Spring
26 588 (11.43%) Full Stack Development
27 587 (11.41%) Kubernetes
28 580 (11.27%) Docker
29 577 (11.21%) Inclusion and Diversity

Banking
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
1 338 (6.57%) Apache Spark
2 230 (4.47%) Apache
3 211 (4.10%) GemFire
4 156 (3.03%) Confluence
5 94 (1.83%) Elasticsearch
6 81 (1.57%) Cloud Foundry
7 78 (1.52%) SAS
8 66 (1.28%) CMS
9 44 (0.86%) SharePoint
10 30 (0.58%) Oracle Coherence
11 20 (0.39%) IIS
12 19 (0.37%) WebSphere
13 18 (0.35%) Tomcat
14 16 (0.31%) WebLogic
15 14 (0.27%) MS Exchange
15 14 (0.27%) Skype for Business
16 12 (0.23%) Oracle SOA Suite
17 9 (0.17%) Apache Airflow
17 9 (0.17%) CICS
17 9 (0.17%) IBM HTTP Server
Applications
1 151 (2.93%) Microsoft Office
2 131 (2.55%) Microsoft Excel
3 61 (1.19%) Microsoft PowerPoint
4 41 (0.80%) Figma
5 37 (0.72%) Sketch
6 31 (0.60%) MS Visio
7 22 (0.43%) InVision
8 18 (0.35%) Spreadsheet
9 15 (0.29%) Microsoft Project
10 9 (0.17%) Chatbot
11 8 (0.16%) Adobe Creative Suite
12 7 (0.14%) Marvel
12 7 (0.14%) SPSS
13 6 (0.12%) MadCap Flare
13 6 (0.12%) UserZoom
14 5 (0.097%) Adobe Illustrator
15 4 (0.078%) Photoshop
16 3 (0.058%) Adobe XD
17 2 (0.039%) Adobe After Effects
17 2 (0.039%) InfoPath
Business Applications
1 26 (0.51%) Distributed Ledger
2 14 (0.27%) Sentinel
3 11 (0.21%) Summit
4 10 (0.19%) Oracle Payables
4 10 (0.19%) Oracle Receivables
4 10 (0.19%) Temenos T24
5 9 (0.17%) Oracle Assets
6 8 (0.16%) Oracle Cash Management
6 8 (0.16%) Payment Gateway
6 8 (0.16%) SAP S/4HANA
7 7 (0.14%) Oracle BPM
7 7 (0.14%) Refinitiv Enterprise Platform
7 7 (0.14%) SAP BPC
8 6 (0.12%) SAP CO
8 6 (0.12%) SAP FI
8 6 (0.12%) SAP FI/CO
9 5 (0.097%) Eikon
9 5 (0.097%) RMDS
9 5 (0.097%) SAP MDG
9 5 (0.097%) SAP MM
Cloud Services
1 1,291 (25.09%) AWS
2 870 (16.91%) Azure
3 487 (9.47%) GCP
4 448 (8.71%) GitHub
5 375 (7.29%) Serverless
6 269 (5.23%) AWS Lambda
7 252 (4.90%) SaaS
8 217 (4.22%) Amazon EC2
9 212 (4.12%) Amazon Kinesis
10 198 (3.85%) Amazon ECS
11 127 (2.47%) Microsoft 365
12 112 (2.18%) Power Platform
13 106 (2.06%) PaaS
14 85 (1.65%) OpenShift
15 71 (1.38%) Amazon S3
16 69 (1.34%) AWS CloudFormation
17 62 (1.21%) Cloud Computing
18 45 (0.87%) Amazon SQS
19 44 (0.86%) IaaS
20 35 (0.68%) Azure Functions
Communications & Networking
1 111 (2.16%) Firewall
2 92 (1.79%) WAN
3 85 (1.65%) Internet
4 82 (1.59%) LAN
5 79 (1.54%) TCP/IP
6 63 (1.22%) HTTP
7 58 (1.13%) DNS
8 48 (0.93%) SMS
9 46 (0.89%) DHCP
10 45 (0.87%) VPN
11 35 (0.68%) FTP
11 35 (0.68%) Network Security
12 32 (0.62%) Wireless
13 29 (0.56%) Calico
14 24 (0.47%) IP Telephony
15 23 (0.45%) Unified Communications
16 20 (0.39%) MPLS
17 19 (0.37%) Cisco IOS
18 18 (0.35%) IPsec
18 18 (0.35%) Wi-Fi
Database & Business Intelligence
1 480 (9.33%) PostgreSQL
2 457 (8.88%) Relational Database
3 417 (8.10%) NoSQL
4 333 (6.47%) Big Data
5 296 (5.75%) SQL Server
6 258 (5.01%) Redis
7 245 (4.76%) HBase
8 222 (4.31%) MariaDB
9 194 (3.77%) Amazon Aurora
10 154 (2.99%) Amazon Athena
11 143 (2.78%) MongoDB
12 142 (2.76%) Hadoop
13 134 (2.60%) Data Warehouse
14 103 (2.00%) MySQL
15 100 (1.94%) Amazon DynamoDB
15 100 (1.94%) Power BI
16 76 (1.48%) RDBMS
16 76 (1.48%) Tableau
17 64 (1.24%) SQL Server Reporting Services
18 62 (1.21%) SQL Server Integration Services
Development Applications
1 645 (12.54%) Git (software)
2 576 (11.20%) Jenkins
3 339 (6.59%) JIRA
4 284 (5.52%) Gradle
5 278 (5.40%) Cypress.io
6 266 (5.17%) Sonatype Nexus
7 259 (5.03%) Cucumber
8 255 (4.96%) IntelliJ
9 241 (4.68%) Protractor
10 239 (4.65%) JUnit
11 227 (4.41%) Mockito
12 214 (4.16%) Eclipse
13 206 (4.00%) Storybook
14 167 (3.25%) Artifactory
15 154 (2.99%) Maven
15 154 (2.99%) Selenium
16 122 (2.37%) SonarQube
17 107 (2.08%) Bitbucket
18 86 (1.67%) GitLab
19 85 (1.65%) TeamCity
General
1 3,528 (68.57%) Finance
2 1,329 (25.83%) Social Skills
3 729 (14.17%) Investment Banking
4 577 (11.21%) Inclusion and Diversity
5 476 (9.25%) Law
6 455 (8.84%) Retail
7 364 (7.07%) Analytical Skills
8 310 (6.03%) Front Office
9 230 (4.47%) Retail Banking
10 198 (3.85%) Financial Institution
11 196 (3.81%) Telecoms
12 169 (3.28%) Presentation Skills
13 166 (3.23%) Legal
14 120 (2.33%) Marketing
15 107 (2.08%) Back Office
16 101 (1.96%) Games
17 94 (1.83%) Influencing Skills
18 84 (1.63%) Public Sector
19 83 (1.61%) Organisational Skills
20 68 (1.32%) Automotive
Job Titles
1 1,339 (26.03%) Developer
2 769 (14.95%) Software Engineer
3 594 (11.55%) Analyst
4 459 (8.92%) Java Developer
5 335 (6.51%) Architect
6 301 (5.85%) Senior Developer
7 232 (4.51%) Business Analyst
8 204 (3.97%) AWS Engineer
9 192 (3.73%) Senior Software Engineer
10 168 (3.27%) Java Engineer
11 162 (3.15%) Principal Engineer
12 156 (3.03%) Data Engineer
13 151 (2.93%) AWS Software Engineer
14 143 (2.78%) Principal Software Engineer
15 139 (2.70%) DevOps Engineer
16 138 (2.68%) Consultant
17 137 (2.66%) Java Software Engineer
18 136 (2.64%) Solutions Architect
19 135 (2.62%) Developer/Software Engineer
19 135 (2.62%) Project Manager
Libraries, Frameworks & Software Standards
1 741 (14.40%) React
2 624 (12.13%) Kafka
3 613 (11.91%) Node.js
4 589 (11.45%) Spring
5 571 (11.10%) AngularJS
6 520 (10.11%) Web Services
7 446 (8.67%) CSS
8 411 (7.99%) RESTful
9 410 (7.97%) .NET
10 394 (7.66%) REST
11 335 (6.51%) Redux
12 326 (6.34%) RabbitMQ
13 303 (5.89%) JSON
14 296 (5.75%) HTML
15 263 (5.11%) Spring Boot
16 239 (4.65%) gRPC
17 231 (4.49%) Express
18 229 (4.45%) Twitter Bootstrap
19 206 (4.00%) Tailwind CSS
20 202 (3.93%) Play Framework
Miscellaneous
1 442 (8.59%) User Experience
2 224 (4.35%) Hedge funds
3 208 (4.04%) Linux Command Line
4 201 (3.91%) Foreign Exchange (FX)
5 198 (3.85%) Self-Motivation
6 179 (3.48%) Derivative
6 179 (3.48%) Mobile App
7 172 (3.34%) Fixed Income
8 160 (3.11%) Equities
9 154 (2.99%) Pricing Data
10 144 (2.80%) Management Information System
11 141 (2.74%) Cloud Native
12 139 (2.70%) Virtual Team
13 122 (2.37%) Public Cloud
14 115 (2.24%) Algorithms
15 114 (2.22%) Credit Risk
16 86 (1.67%) Legacy Systems
17 82 (1.59%) Greenfield Project
18 75 (1.46%) Online Banking
19 69 (1.34%) Enterprise Software
Operating Systems
1 690 (13.41%) Linux
2 477 (9.27%) Unix
3 388 (7.54%) Windows
4 139 (2.70%) Android
5 126 (2.45%) Apple iOS
6 74 (1.44%) Windows Server
7 49 (0.95%) Windows 10
8 36 (0.70%) Windows 7
9 21 (0.41%) Red Hat Enterprise Linux
10 20 (0.39%) Ubuntu
11 18 (0.35%) Mesosphere
12 16 (0.31%) CentOS
12 16 (0.31%) Mac OS X
12 16 (0.31%) Windows 8
13 14 (0.27%) zOS
14 13 (0.25%) Solaris
14 13 (0.25%) Windows Server 2012
15 11 (0.21%) Windows Server 2016
16 10 (0.19%) CoreOS
17 9 (0.17%) Mac OS
Processes & Methodologies
1 2,189 (42.55%) Agile Software Development
2 1,180 (22.93%) Software Engineering
3 1,100 (21.38%) DevOps
4 1,036 (20.14%) Microservices
5 902 (17.53%) Fintech
6 668 (12.98%) Computer Science
7 662 (12.87%) TDD
8 653 (12.69%) Test Automation
9 645 (12.54%) Problem-Solving
10 591 (11.49%) Scrum
11 588 (11.43%) Full Stack Development
12 513 (9.97%) Digital Banking
13 424 (8.24%) Analytics
14 397 (7.72%) Asset Management
15 391 (7.60%) Continuous Integration
16 388 (7.54%) BDD
17 378 (7.35%) Stakeholder Management
18 346 (6.72%) Mentoring
19 343 (6.67%) Clean Code
20 338 (6.57%) SDLC
Programming Languages
1 1,555 (30.22%) Java
2 1,152 (22.39%) Python
3 1,075 (20.89%) SQL
4 706 (13.72%) JavaScript
5 494 (9.60%) C#
6 341 (6.63%) TypeScript
7 306 (5.95%) Shell Script
8 226 (4.39%) Groovy
9 164 (3.19%) Bash Shell
10 151 (2.93%) C++
11 147 (2.86%) Kotlin
12 144 (2.80%) PowerShell
13 142 (2.76%) Go
14 121 (2.35%) C
15 112 (2.18%) Ruby
16 111 (2.16%) Java 8
17 97 (1.89%) Scala
18 70 (1.36%) Perl
19 61 (1.19%) T-SQL
20 58 (1.13%) Rust
Qualifications
1 878 (17.07%) Degree
2 208 (4.04%) OCP
2 208 (4.04%) Oracle Certification
3 198 (3.85%) Computer Science Degree
4 62 (1.21%) AWS Certification
5 58 (1.13%) Cisco Certification
6 55 (1.07%) Master's Degree
6 55 (1.07%) Numerate Degree
7 48 (0.93%) PhD
8 40 (0.78%) CISSP
9 39 (0.76%) CCNP
10 32 (0.62%) Microsoft Certification
11 27 (0.52%) CCNA
11 27 (0.52%) ISEB
12 20 (0.39%) CISM
13 19 (0.37%) Security Cleared
14 18 (0.35%) DBS Check
14 18 (0.35%) GSEC
15 16 (0.31%) SANS
15 16 (0.31%) SC Cleared
Quality Assurance & Compliance
1 371 (7.21%) QA
2 110 (2.14%) ISO/IEC 27001
3 103 (2.00%) GDPR
4 92 (1.79%) SLA
5 75 (1.46%) Data Quality
6 73 (1.42%) PMO
7 72 (1.40%) NIST
8 69 (1.34%) PSD2
9 62 (1.21%) Cyber Essentials
10 48 (0.93%) Cyber Essentials PLUS
11 42 (0.82%) Accessibility
12 36 (0.70%) MiFID
13 33 (0.64%) PCI DSS
14 29 (0.56%) EMIR
15 15 (0.29%) GRC
16 14 (0.27%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
17 13 (0.25%) SOC 2
18 12 (0.23%) SOC 1
18 12 (0.23%) SOC 3
19 11 (0.21%) SEPA
System Software
1 580 (11.27%) Docker
2 192 (3.73%) HDFS
3 181 (3.52%) VMware Infrastructure
4 158 (3.07%) Active Directory
5 49 (0.95%) Virtual Machines
6 18 (0.35%) vSphere
7 13 (0.25%) VMware ESXi
8 10 (0.19%) Apache ZooKeeper
9 9 (0.17%) VMware NSX
10 6 (0.12%) Hyper-V
11 5 (0.097%) Virtual Desktop
11 5 (0.097%) Virtual Servers
11 5 (0.097%) XenApp
12 4 (0.078%) Veritas Cluster Server
13 3 (0.058%) Microsoft App-V
14 2 (0.039%) DFS Replication
14 2 (0.039%) vCloud
15 1 (0.019%) Apache Flume
15 1 (0.019%) BitLocker
15 1 (0.019%) Oracle RAC
Systems Management
1 587 (11.41%) Kubernetes
2 444 (8.63%) Ansible
3 351 (6.82%) Terraform
4 189 (3.67%) Opscode Chef
5 102 (1.98%) Puppet
6 65 (1.26%) Prometheus
7 57 (1.11%) Grafana
8 51 (0.99%) SCCM
9 50 (0.97%) Kibana
10 23 (0.45%) Istio
11 18 (0.35%) Automic
12 17 (0.33%) FortiGate
13 14 (0.27%) ITRS Geneos
13 14 (0.27%) SCOM
14 13 (0.25%) Control-M
14 13 (0.25%) Microsoft Intune
15 10 (0.19%) Consul
15 10 (0.19%) Oozie
16 9 (0.17%) Cisco UCCX
16 9 (0.17%) logstash
Vendors
1 386 (7.50%) Microsoft
2 338 (6.57%) Oracle
3 257 (5.00%) VMware
4 202 (3.93%) Okta
5 188 (3.65%) Google
6 136 (2.64%) Cisco
7 82 (1.59%) Bloomberg
8 71 (1.38%) Salesforce.com
8 71 (1.38%) Sybase
9 68 (1.32%) Citrix
10 66 (1.28%) IBM
11 57 (1.11%) Splunk
12 54 (1.05%) Murex
13 45 (0.87%) Red Hat
13 45 (0.87%) ServiceNow
14 42 (0.82%) Cognizant
15 41 (0.80%) Fidessa
15 41 (0.80%) SAP
16 40 (0.78%) Reuters
17 38 (0.74%) Informatica