Period
to 20 September 2020

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 20 September 2020 with a comparison to the same period over the previous 2 years.

Banking
UK
6 months to
20 Sep 2020
Same period 2019 Same period 2018
Rank 61 57 43
Rank change year-on-year -4 -14 -22
Permanent jobs citing Banking 2,193 6,837 9,352
As % of all permanent jobs advertised in the UK 4.47% 4.84% 5.59%
As % of the General category 11.54% 12.22% 12.96%
Number of salaries quoted 1,857 5,385 6,512
Median annual salary £76,650 £67,500 £65,000
Median salary % change year-on-year +13.56% +3.85% +4.00%
10th Percentile £47,300 £37,500 £37,000
90th Percentile £122,500 £105,000 £101,250
UK excluding London median annual salary £55,000 £54,068 £50,500
% change year-on-year +1.72% +7.07% +1.00%

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 19,011 55,932 72,157
As % of all permanent IT jobs advertised in the UK 38.74% 39.59% 43.14%
Number of salaries quoted 14,841 41,891 55,181
Median annual salary £60,000 £55,000 £52,500
Median salary % change year-on-year +9.09% +4.76% +5.00%
10th Percentile £33,750 £31,000 £29,500
90th Percentile £101,250 £92,500 £87,500
UK excluding London median annual salary £50,000 £46,500 £45,000
% change year-on-year +7.53% +3.33% +3.45%

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 20 September 2020.

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 20 September 2020. 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 -8 2,075 £77,500 +11.51% 378
London -1 1,781 £80,000 +10.34% 282
UK excluding London -66 383 £55,000 +1.72% 117
Work from Home 0 159 £70,000 +7.69% 74
South East +30 104 £62,500 +9.65% 16
North of England -94 94 £52,500 -4.55% 59
Scotland -1 79 £45,000 -16.77% 14
North West -72 71 £51,880 -5.67% 16
South West -45 38 £57,361 +6.82% 1
Midlands +48 37 £50,000 +21.95% 13
West Midlands +51 28 £50,000 +21.95% 9
Yorkshire -6 19 £55,000 +1.85% 27
East of England +98 17 £99,250 +47.04% 6
Northern Ireland +14 10 £50,000 - 3
East Midlands +59 9 £58,750 +30.56% 4
North East +29 4 £65,000 +0.75% 16
Wales +18 4 £52,500 +61.54% 5

For the 6 months to 20 September 2020, 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 1,561 (71.18%) Finance
2 819 (37.35%) Agile Software Development
3 798 (36.39%) Java
4 635 (28.96%) AWS
5 530 (24.17%) Python
6 512 (23.35%) SQL
7 489 (22.30%) Azure
8 486 (22.16%) DevOps
9 443 (20.20%) Asset Management
10 440 (20.06%) Investment Banking
11 374 (17.05%) JavaScript
12 365 (16.64%) Software Engineering
13 362 (16.51%) Fintech
14 325 (14.82%) Microservices
15 318 (14.50%) Web Services
16 302 (13.77%) Investment Management
16 302 (13.77%) Hedge funds
17 301 (13.73%) GCP
18 289 (13.18%) Front Office
19 269 (12.27%) Kubernetes
20 257 (11.72%) SQL Server
21 245 (11.17%) Docker
22 240 (10.94%) C#
23 238 (10.85%) Fixed Income
24 236 (10.76%) .NET
25 233 (10.62%) Derivative
26 231 (10.53%) Degree
27 228 (10.40%) Mentoring
28 224 (10.21%) AngularJS
29 223 (10.17%) React

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
1 148 (6.75%) Apache
2 84 (3.83%) Apache Spark
3 65 (2.96%) Confluence
4 37 (1.69%) Elasticsearch
5 29 (1.32%) SharePoint
5 29 (1.32%) WebSphere
6 20 (0.91%) Tomcat
7 19 (0.87%) SAS
8 18 (0.82%) MS Exchange
9 12 (0.55%) SharePoint 2013
10 11 (0.50%) IIS
11 9 (0.41%) Cloud Foundry
12 8 (0.36%) WebLogic
13 6 (0.27%) MTS
14 5 (0.23%) Exchange Server 2013
14 5 (0.23%) JBoss
14 5 (0.23%) Oracle Coherence
14 5 (0.23%) Skype for Business
15 4 (0.18%) nginx
15 4 (0.18%) OpenStack
Applications
1 41 (1.87%) Microsoft Excel
2 36 (1.64%) Microsoft Office
3 30 (1.37%) MS Visio
4 20 (0.91%) Microsoft Project
5 18 (0.82%) Sketch
6 13 (0.59%) Microsoft PowerPoint
7 11 (0.50%) InVision
8 9 (0.41%) Spreadsheet
9 4 (0.18%) Adobe Creative Suite
9 4 (0.18%) Marvel
10 3 (0.14%) Figma
11 2 (0.091%) Adobe Illustrator
11 2 (0.091%) Photoshop
11 2 (0.091%) Zeplin
12 1 (0.046%) Chatbot
12 1 (0.046%) InfoPath
12 1 (0.046%) SPSS
Business Applications
1 27 (1.23%) Dynamics CRM
2 25 (1.14%) FINCAD Analytics
3 9 (0.41%) Temenos T24
4 8 (0.36%) BASE24
4 8 (0.36%) Sentinel
5 6 (0.27%) IntelliMatch
5 6 (0.27%) Oracle Subledger Accounting
6 4 (0.18%) Payment Gateway
6 4 (0.18%) Salesforce.com CRM
6 4 (0.18%) SAP CO
6 4 (0.18%) SAP FI
6 4 (0.18%) SAP FI/CO
7 3 (0.14%) Distributed Ledger
7 3 (0.14%) FLEXCUBE
7 3 (0.14%) Loan IQ
7 3 (0.14%) NetSuite
7 3 (0.14%) Oracle Cash Management
7 3 (0.14%) Oracle Financials
8 2 (0.091%) Misys Opics
8 2 (0.091%) Remedy ITSM
Cloud Services
1 635 (28.96%) AWS
2 489 (22.30%) Azure
3 301 (13.73%) GCP
4 176 (8.03%) Serverless
5 159 (7.25%) AWS Lambda
6 109 (4.97%) Amazon ECS
7 82 (3.74%) Apigee
8 65 (2.96%) Office 365
9 54 (2.46%) Power Platform
10 52 (2.37%) AWS CloudFormation
11 50 (2.28%) SaaS
12 38 (1.73%) Amazon EC2
12 38 (1.73%) Amazon S3
13 34 (1.55%) Azure Active Directory
14 30 (1.37%) IaaS
15 26 (1.19%) Dynamics 365
16 25 (1.14%) Cloud Computing
17 21 (0.96%) GitHub
18 14 (0.64%) Azure Data Factory
19 13 (0.59%) Slack
Communications & Networking
1 82 (3.74%) Firewall
2 46 (2.10%) Network Security
3 36 (1.64%) TCP/IP
4 29 (1.32%) BGP
5 27 (1.23%) VPN
6 25 (1.14%) LAN
7 22 (1.00%) DNS
8 20 (0.91%) WAN
9 19 (0.87%) OSPF
10 17 (0.78%) Internet
11 15 (0.68%) SAN
12 13 (0.59%) FIX Connectivity
12 13 (0.59%) MPLS
13 12 (0.55%) Cisco ASA
13 12 (0.55%) Multicast
14 11 (0.50%) EIGRP
14 11 (0.50%) HTTP
15 10 (0.46%) ATM
15 10 (0.46%) SSL
15 10 (0.46%) Unified Communications
Database & Business Intelligence
1 257 (11.72%) SQL Server
2 156 (7.11%) PostgreSQL
3 152 (6.93%) Data Warehouse
4 143 (6.52%) Amazon Redshift
5 120 (5.47%) MySQL
5 120 (5.47%) NoSQL
6 86 (3.92%) Big Data
7 78 (3.56%) Hadoop
8 64 (2.92%) Amazon DynamoDB
9 60 (2.74%) SQL Server Integration Services
9 60 (2.74%) SQL Server Reporting Services
10 59 (2.69%) MongoDB
11 43 (1.96%) Relational Database
12 37 (1.69%) Data Lake
13 36 (1.64%) Blockchain
13 36 (1.64%) Power BI
14 29 (1.32%) Amazon Athena
15 24 (1.09%) Apache Cassandra
15 24 (1.09%) Apache Hive
16 21 (0.96%) QlikView
Development Applications
1 165 (7.52%) Jenkins
2 126 (5.75%) Git (software)
3 90 (4.10%) JIRA
4 82 (3.74%) GitLab
5 71 (3.24%) Artifactory
6 53 (2.42%) Selenium
7 51 (2.33%) Maven
8 49 (2.23%) Cucumber
9 31 (1.41%) webpack
10 29 (1.32%) RStudio
11 27 (1.23%) TeamCity
11 27 (1.23%) Visual Studio
12 16 (0.73%) JUnit
12 16 (0.73%) Subversion
13 14 (0.64%) Atlassian Bamboo
14 13 (0.59%) SoapUI
15 12 (0.55%) Gradle
16 11 (0.50%) Oracle APEX
17 10 (0.46%) Oracle Forms
17 10 (0.46%) Sonatype Nexus
General
1 1,561 (71.18%) Finance
2 440 (20.06%) Investment Banking
3 289 (13.18%) Front Office
4 134 (6.11%) Back Office
5 112 (5.11%) Retail
6 87 (3.97%) Retail Banking
7 67 (3.06%) Telecoms
8 53 (2.42%) Financial Institution
9 48 (2.19%) Private Banking
10 47 (2.14%) Legal
11 40 (1.82%) Marketing
12 35 (1.60%) Law
13 34 (1.55%) Games
14 31 (1.41%) Public Sector
15 15 (0.68%) Manufacturing
16 14 (0.64%) Wholesale Banking
17 13 (0.59%) Advertising
17 13 (0.59%) French Language
17 13 (0.59%) German Language
18 12 (0.55%) Digital Economy
Job Titles
1 651 (29.69%) Developer
2 227 (10.35%) Java Developer
3 187 (8.53%) Architect
4 183 (8.34%) Analyst
5 135 (6.16%) Software Engineer
6 103 (4.70%) AWS Developer
6 103 (4.70%) AWS Engineer
6 103 (4.70%) Senior Developer
7 99 (4.51%) Python Developer
7 99 (4.51%) Solutions Architect
8 92 (4.20%) Developer/Software Engineer
9 85 (3.88%) Python Engineer
10 84 (3.83%) Java Engineer
11 72 (3.28%) Business Analyst
11 72 (3.28%) Cloud Architect
12 71 (3.24%) AWS Architect
13 69 (3.15%) Network Engineer
14 68 (3.10%) Development Manager
15 66 (3.01%) DevOps Engineer
16 65 (2.96%) Data Architect
Libraries, Frameworks & Software Standards
1 318 (14.50%) Web Services
2 236 (10.76%) .NET
3 224 (10.21%) AngularJS
4 223 (10.17%) React
5 143 (6.52%) Spring
6 135 (6.16%) Vue.js
7 120 (5.47%) gRPC
8 119 (5.43%) Kafka
9 95 (4.33%) Node.js
10 90 (4.10%) HTML
11 84 (3.83%) OAuth
12 78 (3.56%) REST
13 77 (3.51%) Spring Boot
13 77 (3.51%) Swagger
14 76 (3.47%) CSS
15 71 (3.24%) XML
16 67 (3.06%) ASP.NET
17 65 (2.96%) Redux
18 64 (2.92%) RESTful
19 63 (2.87%) J2EE
Miscellaneous
1 302 (13.77%) Hedge funds
2 238 (10.85%) Fixed Income
3 233 (10.62%) Derivative
4 187 (8.53%) Foreign Exchange (FX)
5 130 (5.93%) Equities
6 117 (5.34%) Analytical Skills
7 95 (4.33%) Greenfield Project
8 75 (3.42%) User Experience
9 71 (3.24%) Mobile App
10 62 (2.83%) Management Information System
11 59 (2.69%) SWIFT
12 50 (2.28%) Data Centre
13 46 (2.10%) Data Structures
14 45 (2.05%) Algorithms
15 39 (1.78%) Market Risk
16 35 (1.60%) Mobile Banking
17 33 (1.50%) Social Network
18 32 (1.46%) Cloud Native
18 32 (1.46%) Public Cloud
19 29 (1.32%) Credit Risk
Operating Systems
1 193 (8.80%) Windows
2 160 (7.30%) Linux
3 124 (5.65%) Unix
4 79 (3.60%) Windows Server
5 48 (2.19%) Windows 10
6 41 (1.87%) Android
7 37 (1.69%) Apple iOS
8 26 (1.19%) Red Hat Enterprise Linux
9 20 (0.91%) Windows Server 2012
10 18 (0.82%) Windows Server 2016
11 12 (0.55%) Solaris
12 11 (0.50%) CentOS
13 10 (0.46%) Windows 7
14 9 (0.41%) Ubuntu
15 7 (0.32%) AIX
15 7 (0.32%) Windows Server 2008
16 6 (0.27%) Windows XP
17 4 (0.18%) SUSE
18 3 (0.14%) Debian
19 2 (0.091%) HPUX
Processes & Methodologies
1 819 (37.35%) Agile Software Development
2 486 (22.16%) DevOps
3 443 (20.20%) Asset Management
4 365 (16.64%) Software Engineering
5 362 (16.51%) Fintech
6 325 (14.82%) Microservices
7 302 (13.77%) Investment Management
8 228 (10.40%) Mentoring
9 181 (8.25%) Scrum
10 176 (8.03%) Analytics
10 176 (8.03%) TDD
11 159 (7.25%) Problem-Solving
12 130 (5.93%) OO
13 128 (5.84%) Test Automation
14 124 (5.65%) SDLC
15 123 (5.61%) Machine Learning
16 114 (5.20%) Stakeholder Management
17 112 (5.11%) Artificial Intelligence
18 110 (5.02%) BDD
19 107 (4.88%) Computer Science
Programming Languages
1 798 (36.39%) Java
2 530 (24.17%) Python
3 512 (23.35%) SQL
4 374 (17.05%) JavaScript
5 240 (10.94%) C#
6 134 (6.11%) Kotlin
7 114 (5.20%) Scala
8 112 (5.11%) C++
9 91 (4.15%) PowerShell
10 72 (3.28%) Java 8
11 59 (2.69%) TypeScript
12 49 (2.23%) C
13 48 (2.19%) Go
14 42 (1.92%) T-SQL
15 37 (1.69%) Bash Shell
15 37 (1.69%) Shell Script
16 34 (1.55%) Perl
17 29 (1.32%) R
18 23 (1.05%) PL/SQL
19 18 (0.82%) Ruby
Qualifications
1 231 (10.53%) Degree
2 61 (2.78%) Computer Science Degree
3 60 (2.74%) Cisco Certification
4 48 (2.19%) Sun Certification
5 39 (1.78%) CISSP
6 35 (1.60%) CCNP
7 29 (1.32%) PhD
8 24 (1.09%) Master's Degree
9 23 (1.05%) CISM
10 17 (0.78%) ITIL Certification
11 16 (0.73%) CCNA
11 16 (0.73%) Microsoft Certification
12 15 (0.68%) (ISC)2 CCSP
12 15 (0.68%) CCIE
12 15 (0.68%) TOGAF Certification
13 13 (0.59%) AWS Certification
14 11 (0.50%) CCSP
14 11 (0.50%) MCSA
15 10 (0.46%) Security Cleared
16 9 (0.41%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 59 (2.69%) QA
2 33 (1.50%) Data Quality
3 30 (1.37%) NIST
4 28 (1.28%) SLA
5 25 (1.14%) COBIT
6 21 (0.96%) SEPA
7 20 (0.91%) ISO/IEC 27001
8 16 (0.73%) PMO
9 15 (0.68%) EMIR
10 13 (0.59%) MiFID
10 13 (0.59%) PSD2
11 11 (0.50%) PCI DSS
12 10 (0.46%) GDPR
13 9 (0.41%) ISO 20022
14 8 (0.36%) ISO 8583
14 8 (0.36%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
14 8 (0.36%) Sarbanes-Oxley
15 6 (0.27%) ISO 22301
15 6 (0.27%) TARGET2
16 5 (0.23%) IFRS
System Software
1 245 (11.17%) Docker
2 130 (5.93%) Active Directory
3 53 (2.42%) VMware Infrastructure
4 33 (1.50%) vSphere
5 21 (0.96%) VMware ESXi
6 19 (0.87%) XenApp
7 16 (0.73%) XenDesktop
8 13 (0.59%) Virtual Machines
9 9 (0.41%) Hyper-V
9 9 (0.41%) VMware NSX
10 6 (0.27%) Microsoft App-V
11 5 (0.23%) HDFS
11 5 (0.23%) LXC
12 4 (0.18%) Apache ZooKeeper
13 2 (0.091%) Apache Flume
13 2 (0.091%) Firmware
13 2 (0.091%) Oracle RAC
13 2 (0.091%) Tivoli Workload Scheduler
13 2 (0.091%) VMware Workstation
14 1 (0.046%) Varnish
Systems Management
1 269 (12.27%) Kubernetes
2 94 (4.29%) Terraform
3 83 (3.78%) Ansible
4 54 (2.46%) SCCM
5 46 (2.10%) Puppet
6 39 (1.78%) Opscode Chef
7 38 (1.73%) Istio
8 25 (1.14%) SCOM
9 22 (1.00%) Microsoft Intune
10 14 (0.64%) PowerCLI
10 14 (0.64%) vRealize
11 11 (0.50%) CSIRT
12 9 (0.41%) Tivoli
13 8 (0.36%) Single Sign-On
14 6 (0.27%) McAfee ePO
14 6 (0.27%) Prometheus
14 6 (0.27%) Tivoli Monitoring
15 5 (0.23%) Cisco CUCM
15 5 (0.23%) Mesos
16 4 (0.18%) Hadoop YARN
Vendors
1 210 (9.58%) Microsoft
2 186 (8.48%) Google
3 181 (8.25%) Oracle
4 82 (3.74%) Cisco
5 81 (3.69%) VMware
6 55 (2.51%) Bloomberg
7 41 (1.87%) Citrix
8 38 (1.73%) SAP
9 35 (1.60%) Databricks
10 33 (1.50%) Tableau
11 32 (1.46%) IBM
12 31 (1.41%) Salesforce.com
13 30 (1.37%) CheckPoint
14 22 (1.00%) Palo Alto
15 21 (0.96%) EMC
15 21 (0.96%) Informatica
15 21 (0.96%) Red Hat
16 18 (0.82%) Splunk
17 17 (0.78%) ServiceNow
18 16 (0.73%) F5