Period
to 23 January 2022

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 23 January 2022 with a comparison to the same period over the previous 2 years.

Banking
UK
6 months to
23 Jan 2022
Same period 2021 Same period 2020
Rank 70 80 62
Rank change year-on-year +10 -18 -17
Permanent jobs citing Banking 5,279 2,452 5,695
As % of all permanent jobs advertised in the UK 4.12% 3.87% 4.53%
As % of the General category 6.93% 7.56% 8.24%
Number of salaries quoted 3,052 2,011 4,306
10th Percentile £41,250 £47,000 £38,750
25th Percentile £54,750 £61,000 £52,500
Median annual salary (50th Percentile) £75,000 £75,000 £70,000
Median % change year-on-year - +7.14% +7.69%
75th Percentile £97,500 £95,000 £92,500
90th Percentile £117,500 £115,000 £115,625
UK excluding London median annual salary £55,000 £55,000 £55,000
% change year-on-year - - +10.00%

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 76,160 32,418 69,139
As % of all permanent IT jobs advertised in the UK 59.47% 51.23% 54.94%
Number of salaries quoted 46,218 25,510 53,267
10th Percentile £31,500 £31,500 £28,847
25th Percentile £42,500 £41,250 £37,500
Median annual salary (50th Percentile) £59,000 £55,000 £54,000
Median % change year-on-year +7.27% +1.85% +2.86%
75th Percentile £78,750 £76,250 £73,750
90th Percentile £97,500 £93,750 £92,500
UK excluding London median annual salary £50,000 £47,500 £45,000
% change year-on-year +5.26% +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 23 January 2022.

Salary histogram for Banking in the UK

Banking
Top 17 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 23 January 2022. 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
Jobs
England +4 4,589 £75,000 -2.60% 741
London -17 3,506 £80,000 +3.23% 582
UK excluding London +117 1,410 £55,000 - 219
Work from Home +23 968 £80,000 +10.34% 116
South East +87 399 £70,000 +12.00% 42
North of England +61 346 £50,000 -20.00% 47
Scotland +23 329 £57,500 +4.55% 53
North West +56 244 £50,000 -4.76% 18
Midlands +8 134 £50,000 - 34
South West +31 111 £53,325 -3.05% 16
West Midlands -11 96 £43,000 -14.00% 18
Yorkshire -27 73 £46,250 -42.19% 19
East Midlands -28 38 £52,500 +7.69% 16
East of England -56 37 £55,000 - 15
Northern Ireland -9 31 £60,000 +17.07% 3
North East -4 29 £60,000 -20.00% 10
Wales -23 28 £65,000 +44.44% 9

For the 6 months to 23 January 2022, 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 3,578 (67.78%) Finance
2 2,111 (39.99%) Agile Software Development
3 1,604 (30.38%) Social Skills
4 1,278 (24.21%) Java
5 1,094 (20.72%) AWS
6 1,087 (20.59%) SQL
7 979 (18.55%) DevOps
8 917 (17.37%) Python
9 891 (16.88%) Software Engineering
10 870 (16.48%) Microservices
11 847 (16.04%) Azure
12 781 (14.79%) Investment Banking
13 760 (14.40%) Degree
13 760 (14.40%) Fintech
14 690 (13.07%) CI/CD
15 688 (13.03%) JavaScript
16 677 (12.82%) Problem-Solving
17 649 (12.29%) React
18 586 (11.10%) Inclusion and Diversity
19 558 (10.57%) Scrum
20 557 (10.55%) TDD
21 547 (10.36%) C#
22 545 (10.32%) Kubernetes
23 541 (10.25%) Docker
24 525 (9.95%) Test Automation
25 480 (9.09%) Analytics
25 480 (9.09%) Full Stack Development
26 462 (8.75%) .NET
27 453 (8.58%) Retail
28 444 (8.41%) Git (software)

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
1 184 (3.49%) Apache Spark
2 141 (2.67%) Confluence
3 134 (2.54%) SAS
4 116 (2.20%) Apache
5 80 (1.52%) CMS
6 67 (1.27%) GemFire
7 39 (0.74%) Cloud Foundry
8 38 (0.72%) Tomcat
9 37 (0.70%) Elasticsearch
10 30 (0.57%) JBoss
11 29 (0.55%) SharePoint
12 21 (0.40%) MS Exchange
12 21 (0.40%) WebSphere
13 20 (0.38%) Skype for Business
14 16 (0.30%) WebLogic
15 15 (0.28%) IIS
16 14 (0.27%) nginx
17 13 (0.25%) Camunda
18 10 (0.19%) Oracle SOA Suite
19 9 (0.17%) Mule
Applications
1 199 (3.77%) Microsoft Office
2 133 (2.52%) Microsoft Excel
3 53 (1.00%) Microsoft PowerPoint
4 39 (0.74%) MS Visio
5 28 (0.53%) Sketch
6 23 (0.44%) Microsoft Project
7 17 (0.32%) InVision
8 14 (0.27%) Chatbot
9 13 (0.25%) Spreadsheet
10 10 (0.19%) Adobe Creative Suite
11 7 (0.13%) SPSS
12 3 (0.057%) Adobe Illustrator
12 3 (0.057%) Photoshop
13 2 (0.038%) MadCap Flare
14 1 (0.019%) Adobe XD
14 1 (0.019%) InDesign
Business Applications
1 21 (0.40%) Temenos T24
2 15 (0.28%) Payment Gateway
3 11 (0.21%) SAP S/4HANA
4 7 (0.13%) Misys Midas
4 7 (0.13%) Oracle BPM
5 6 (0.11%) Eikon
5 6 (0.11%) Oracle Assets
5 6 (0.11%) Oracle Payables
5 6 (0.11%) Refinitiv Enterprise Platform
5 6 (0.11%) Sentinel
6 5 (0.095%) Oracle Receivables
6 5 (0.095%) RMDS
6 5 (0.095%) SAP BPC
6 5 (0.095%) SAP MDG
7 4 (0.076%) Loan IQ
7 4 (0.076%) SAP CO
7 4 (0.076%) SAP FI
7 4 (0.076%) SAP MDM
7 4 (0.076%) SAP Oil and Gas
7 4 (0.076%) Summit
Cloud Services
1 1,094 (20.72%) AWS
2 847 (16.04%) Azure
3 440 (8.33%) GCP
4 271 (5.13%) Serverless
5 242 (4.58%) GitHub
6 191 (3.62%) SaaS
7 190 (3.60%) AWS Lambda
8 152 (2.88%) Microsoft 365
9 146 (2.77%) Power Platform
10 134 (2.54%) Amazon EC2
11 106 (2.01%) Amazon ECS
12 94 (1.78%) Amazon Kinesis
13 90 (1.70%) PaaS
14 72 (1.36%) Amazon S3
14 72 (1.36%) Cloud Computing
15 71 (1.34%) AWS CloudFormation
16 63 (1.19%) IaaS
17 48 (0.91%) OpenShift
18 36 (0.68%) Amazon SQS
19 35 (0.66%) Figma
Communications & Networking
1 119 (2.25%) Firewall
2 94 (1.78%) Internet
3 91 (1.72%) TCP/IP
4 75 (1.42%) DNS
5 74 (1.40%) WAN
6 62 (1.17%) VPN
7 60 (1.14%) LAN
8 56 (1.06%) DHCP
9 47 (0.89%) ATM
10 46 (0.87%) Network Security
11 41 (0.78%) HTTP
12 38 (0.72%) IP Telephony
12 38 (0.72%) SMS
13 29 (0.55%) BGP
14 28 (0.53%) FTP
15 26 (0.49%) MPLS
16 24 (0.45%) Wireless
17 21 (0.40%) IPsec
17 21 (0.40%) OSPF
17 21 (0.40%) Skype
Database & Business Intelligence
1 375 (7.10%) SQL Server
2 350 (6.63%) NoSQL
3 252 (4.77%) PostgreSQL
4 245 (4.64%) Relational Database
5 201 (3.81%) Data Warehouse
6 200 (3.79%) Big Data
7 177 (3.35%) MongoDB
8 141 (2.67%) Power BI
9 110 (2.08%) Hadoop
10 108 (2.05%) MySQL
11 106 (2.01%) Amazon Aurora
12 104 (1.97%) Blockchain
13 99 (1.88%) SQL Server Reporting Services
14 97 (1.84%) Tableau
15 96 (1.82%) Amazon Athena
15 96 (1.82%) Redis
16 89 (1.69%) SQL Server Integration Services
17 81 (1.53%) HBase
18 72 (1.36%) SQL Server Analysis Services
19 71 (1.34%) RDBMS
Development Applications
1 444 (8.41%) Git (software)
2 410 (7.77%) Jenkins
3 281 (5.32%) JIRA
4 144 (2.73%) Selenium
5 135 (2.56%) Gradle
6 121 (2.29%) Cucumber
7 120 (2.27%) Maven
7 120 (2.27%) Mockito
8 118 (2.24%) Cypress.io
9 115 (2.18%) JUnit
10 113 (2.14%) Sonatype Nexus
11 84 (1.59%) Eclipse
11 84 (1.59%) IntelliJ
12 80 (1.52%) Protractor
13 63 (1.19%) Bitbucket
13 63 (1.19%) GitLab
14 62 (1.17%) Storybook
15 60 (1.14%) TeamCity
16 59 (1.12%) SonarQube
17 56 (1.06%) Artifactory
General
1 3,578 (67.78%) Finance
2 1,604 (30.38%) Social Skills
3 781 (14.79%) Investment Banking
4 586 (11.10%) Inclusion and Diversity
5 453 (8.58%) Retail
6 413 (7.82%) Analytical Skills
7 325 (6.16%) Law
8 281 (5.32%) Front Office
9 256 (4.85%) Legal
10 237 (4.49%) Retail Banking
11 199 (3.77%) Financial Institution
12 192 (3.64%) Marketing
13 186 (3.52%) Telecoms
14 185 (3.50%) Police
15 120 (2.27%) Presentation Skills
16 109 (2.06%) Influencing Skills
17 98 (1.86%) Games
18 94 (1.78%) Back Office
19 91 (1.72%) Public Sector
20 70 (1.33%) Organisational Skills
Job Titles
1 1,201 (22.75%) Developer
2 637 (12.07%) Analyst
3 573 (10.85%) Architect
4 546 (10.34%) Software Engineer
5 379 (7.18%) Java Developer
6 262 (4.96%) Senior Developer
7 225 (4.26%) Business Analyst
8 208 (3.94%) Solutions Architect
9 191 (3.62%) Security Architect
10 168 (3.18%) Project Manager
11 166 (3.14%) Data Engineer
12 152 (2.88%) Java Engineer
13 146 (2.77%) Senior Software Engineer
14 142 (2.69%) DevOps Engineer
15 135 (2.56%) Consultant
16 127 (2.41%) Banking Analyst
16 127 (2.41%) Data Manager
17 125 (2.37%) C# Developer
18 124 (2.35%) AWS Engineer
19 116 (2.20%) Data Analyst
Libraries, Frameworks & Software Standards
1 649 (12.29%) React
2 462 (8.75%) .NET
3 413 (7.82%) Kafka
4 406 (7.69%) Node.js
5 404 (7.65%) AngularJS
6 383 (7.26%) Spring
7 319 (6.04%) REST
8 310 (5.87%) RESTful
9 307 (5.82%) CSS
10 280 (5.30%) HTML
11 220 (4.17%) Web Services
12 211 (4.00%) Spring Boot
13 191 (3.62%) Redux
14 160 (3.03%) RabbitMQ
15 145 (2.75%) Middleware
16 138 (2.61%) HTML5
17 135 (2.56%) .NET Framework
17 135 (2.56%) JSON
18 127 (2.41%) gRPC
19 97 (1.84%) CSS3
Miscellaneous
1 350 (6.63%) User Experience
2 239 (4.53%) Foreign Exchange (FX)
3 215 (4.07%) Mobile App
4 185 (3.50%) Smart Meter
5 164 (3.11%) Greenfield Project
6 154 (2.92%) Equities
7 152 (2.88%) Fixed Income
8 147 (2.78%) Hedge funds
9 139 (2.63%) Derivative
10 133 (2.52%) Credit Risk
11 127 (2.41%) Management Information System
12 119 (2.25%) Self-Motivation
13 114 (2.16%) Public Cloud
14 107 (2.03%) Cloud Native
15 102 (1.93%) Reference Data
16 101 (1.91%) Online Banking
17 96 (1.82%) Virtual Team
18 85 (1.61%) Linux Command Line
19 82 (1.55%) Blog
20 77 (1.46%) Pricing Data
Operating Systems
1 434 (8.22%) Linux
2 371 (7.03%) Windows
3 305 (5.78%) Unix
4 149 (2.82%) Android
5 129 (2.44%) Apple iOS
6 93 (1.76%) Windows Server
7 47 (0.89%) Windows 10
8 36 (0.68%) Red Hat Enterprise Linux
9 35 (0.66%) Windows 7
10 21 (0.40%) Solaris
11 20 (0.38%) Ubuntu
12 14 (0.27%) CentOS
13 13 (0.25%) Mac OS
13 13 (0.25%) Mac OS X
13 13 (0.25%) Windows 8
14 10 (0.19%) Windows Server 2019
14 10 (0.19%) zOS
15 8 (0.15%) AIX
15 8 (0.15%) CoreOS
15 8 (0.15%) Mesosphere
Processes & Methodologies
1 2,111 (39.99%) Agile Software Development
2 979 (18.55%) DevOps
3 891 (16.88%) Software Engineering
4 870 (16.48%) Microservices
5 760 (14.40%) Fintech
6 690 (13.07%) CI/CD
7 677 (12.82%) Problem-Solving
8 558 (10.57%) Scrum
9 557 (10.55%) TDD
10 525 (9.95%) Test Automation
11 480 (9.09%) Analytics
11 480 (9.09%) Full Stack Development
12 430 (8.15%) Computer Science
13 417 (7.90%) Mentoring
14 407 (7.71%) Stakeholder Management
15 350 (6.63%) Coaching
16 341 (6.46%) Data Science
17 334 (6.33%) Continuous Integration
18 323 (6.12%) SDLC
19 321 (6.08%) Asset Management
Programming Languages
1 1,278 (24.21%) Java
2 1,087 (20.59%) SQL
3 917 (17.37%) Python
4 688 (13.03%) JavaScript
5 547 (10.36%) C#
6 332 (6.29%) TypeScript
7 169 (3.20%) PowerShell
8 164 (3.11%) Bash
8 164 (3.11%) Shell Script
9 157 (2.97%) Go
10 147 (2.78%) Scala
11 142 (2.69%) C++
12 139 (2.63%) Groovy
13 116 (2.20%) C
14 112 (2.12%) Kotlin
15 104 (1.97%) Java 8
16 91 (1.72%) T-SQL
17 73 (1.38%) R
18 69 (1.31%) Rust
19 59 (1.12%) Ruby
Qualifications
1 760 (14.40%) Degree
2 155 (2.94%) Computer Science Degree
3 75 (1.42%) OCP
3 75 (1.42%) Oracle Certification
4 57 (1.08%) AWS Certification
5 56 (1.06%) Numerate Degree
6 53 (1.00%) Cisco Certification
7 52 (0.99%) Master's Degree
8 36 (0.68%) CCNP
9 35 (0.66%) DBS Check
10 34 (0.64%) ISEB
11 33 (0.63%) PhD
12 26 (0.49%) CISSP
13 24 (0.45%) Microsoft Certification
14 19 (0.36%) GSEC
15 16 (0.30%) CCIE
15 16 (0.30%) CCNA
15 16 (0.30%) MCP
15 16 (0.30%) Network+ Certification
15 16 (0.30%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 343 (6.50%) QA
2 244 (4.62%) GDPR
3 242 (4.58%) ISO/IEC 27001
4 200 (3.79%) NIST
5 195 (3.69%) Cyber Essentials
6 185 (3.50%) Cyber Essentials PLUS
7 120 (2.27%) Data Quality
8 75 (1.42%) SLA
9 52 (0.99%) Accessibility
10 44 (0.83%) EMIR
11 40 (0.76%) PMO
12 38 (0.72%) ISO 20022
13 37 (0.70%) SEPA
14 34 (0.64%) MiFID
15 31 (0.59%) PSD2
16 29 (0.55%) PCI DSS
17 21 (0.40%) GRC
18 16 (0.30%) COBIT
18 16 (0.30%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
19 14 (0.27%) SOC 2
System Software
1 541 (10.25%) Docker
2 206 (3.90%) Active Directory
3 109 (2.06%) VMware Infrastructure
4 56 (1.06%) HDFS
5 25 (0.47%) Virtual Machines
6 22 (0.42%) vSphere
7 18 (0.34%) Hyper-V
8 11 (0.21%) VMware ESXi
9 7 (0.13%) Virtual Desktop
10 6 (0.11%) Apache ZooKeeper
11 5 (0.095%) Apache Flume
12 4 (0.076%) LXC
12 4 (0.076%) Veritas Cluster Server
12 4 (0.076%) XenApp
13 3 (0.057%) Oracle RAC
13 3 (0.057%) Tivoli Workload Scheduler
13 3 (0.057%) Virtual Servers
13 3 (0.057%) VMware NSX
14 2 (0.038%) Samba
14 2 (0.038%) VMware Workstation
Systems Management
1 545 (10.32%) Kubernetes
2 306 (5.80%) Terraform
3 260 (4.93%) Ansible
4 109 (2.06%) Opscode Chef
5 67 (1.27%) Puppet
6 62 (1.17%) SCCM
7 46 (0.87%) Grafana
8 44 (0.83%) Prometheus
9 31 (0.59%) Istio
10 21 (0.40%) Kibana
11 20 (0.38%) Microsoft Intune
12 17 (0.32%) Oozie
13 16 (0.30%) Control-M
14 14 (0.27%) SCOM
15 13 (0.25%) McAfee ePO
16 11 (0.21%) ITRS Geneos
17 8 (0.15%) Automic
17 8 (0.15%) NetBackup
17 8 (0.15%) PowerCLI
18 7 (0.13%) Consul
Vendors
1 425 (8.05%) Microsoft
2 300 (5.68%) Oracle
3 159 (3.01%) Google
4 155 (2.94%) Bloomberg
5 137 (2.60%) VMware
6 122 (2.31%) Cisco
7 95 (1.80%) Refinitiv
8 85 (1.61%) IBM
9 81 (1.53%) Salesforce.com
10 64 (1.21%) Red Hat
11 60 (1.14%) Splunk
12 57 (1.08%) Citrix
13 54 (1.02%) Okta
13 54 (1.02%) Sybase
14 51 (0.97%) Cognizant
14 51 (0.97%) Murex
15 44 (0.83%) Databricks
16 41 (0.78%) Apple
17 35 (0.66%) Reuters
17 35 (0.66%) SAP