Period
to 1 August 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 1 August 2021 with a comparison to the same period over the previous 2 years.

Banking
UK
6 months to
1 Aug 2021
Same period 2020 Same period 2019
Rank 70 65 56
Rank change year-on-year -5 -9 -10
Permanent jobs citing Banking 4,631 2,961 7,070
As % of all permanent jobs advertised in the UK 4.10% 4.36% 4.93%
As % of the General category 7.22% 8.13% 8.76%
Number of salaries quoted 2,922 2,279 5,441
10th Percentile £43,750 £45,000 £37,500
25th Percentile £56,250 £58,750 £51,250
Median annual salary (50th Percentile) £75,000 £75,000 £67,500
Median % change year-on-year - +11.11% +3.85%
75th Percentile £97,500 £100,000 £85,000
90th Percentile £115,000 £122,500 £105,000
UK excluding London median annual salary £57,361 £57,000 £55,000
% change year-on-year +0.63% +3.64% +7.84%

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 64,166 36,411 80,675
As % of all permanent IT jobs advertised in the UK 56.79% 53.55% 56.30%
Number of salaries quoted 40,508 28,400 61,436
10th Percentile £31,250 £31,250 £28,500
25th Percentile £41,250 £41,250 £37,500
Median annual salary (50th Percentile) £56,500 £55,000 £52,500
Median % change year-on-year +2.73% +4.76% +5.00%
75th Percentile £77,500 £75,000 £72,500
90th Percentile £95,000 £95,000 £87,625
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 1 August 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 1 August 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 -5 4,316 £77,500 - 644
London -13 3,291 £82,500 +3.13% 485
UK excluding London +29 1,188 £57,361 +0.63% 197
Work from Home +1 681 £75,000 +7.14% 104
South East +89 538 £65,000 -3.70% 37
North of England -36 230 £57,500 +4.55% 76
Scotland -9 174 £55,000 +15.79% 33
Yorkshire -17 104 £54,600 -0.73% 24
South West -29 97 £65,000 +26.83% 12
North West -62 92 £60,000 +9.09% 43
Midlands -57 88 £52,500 -23.64% 28
East Midlands -15 45 £53,500 +4.39% 14
West Midlands -76 42 £52,500 -26.32% 14
North East 0 34 £48,422 -30.83% 9
Isle of Man - 18 - -
Northern Ireland -24 17 £52,500 +35.48% 2
East of England -50 15 £52,500 -47.10% 4
Wales -30 9 £34,500 -34.29% 5
Channel Islands - 2 - -

For the 6 months to 1 August 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 3,137 (67.74%) Finance
2 2,103 (45.41%) Agile Software Development
3 1,553 (33.53%) Java
4 1,203 (25.98%) AWS
5 1,111 (23.99%) Python
6 1,089 (23.52%) Software Engineering
7 1,063 (22.95%) Social Skills
8 1,030 (22.24%) DevOps
9 987 (21.31%) Microservices
10 962 (20.77%) Fintech
11 957 (20.67%) SQL
12 803 (17.34%) Azure
13 753 (16.26%) Degree
14 728 (15.72%) JavaScript
15 688 (14.86%) Linux
16 681 (14.71%) React
17 666 (14.38%) Investment Banking
18 654 (14.12%) Kubernetes
19 648 (13.99%) Git (software)
20 631 (13.63%) Kafka
21 630 (13.60%) TDD
22 590 (12.74%) Node.js
23 587 (12.68%) Jenkins
23 587 (12.68%) Docker
24 577 (12.46%) AngularJS
25 568 (12.27%) PostgreSQL
26 561 (12.11%) Computer Science
27 560 (12.09%) Spring
27 560 (12.09%) Test Automation
28 549 (11.85%) Problem-Solving

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
1 325 (7.02%) Apache Spark
2 214 (4.62%) GemFire
3 203 (4.38%) Apache
4 162 (3.50%) Confluence
5 107 (2.31%) Elasticsearch
6 77 (1.66%) Cloud Foundry
7 73 (1.58%) SharePoint
8 53 (1.14%) SAS
9 50 (1.08%) CMS
10 28 (0.60%) Oracle Coherence
11 18 (0.39%) MS Exchange
11 18 (0.39%) Tomcat
12 16 (0.35%) CICS
12 16 (0.35%) Oracle SOA Suite
13 15 (0.32%) Apache Airflow
14 14 (0.30%) IIS
15 11 (0.24%) WebSphere
16 10 (0.22%) Exchange Server 2010
16 10 (0.22%) JBoss
17 9 (0.19%) WebLogic
Applications
1 136 (2.94%) Microsoft Excel
2 128 (2.76%) Microsoft Office
3 79 (1.71%) Microsoft PowerPoint
4 36 (0.78%) Figma
5 31 (0.67%) MS Visio
6 27 (0.58%) Microsoft Project
7 24 (0.52%) Sketch
8 21 (0.45%) InVision
9 17 (0.37%) Spreadsheet
10 8 (0.17%) Marvel
11 7 (0.15%) Chatbot
12 6 (0.13%) MadCap Flare
12 6 (0.13%) UserZoom
13 5 (0.11%) Photoshop
14 4 (0.086%) Adobe Illustrator
15 3 (0.065%) Adobe Creative Suite
15 3 (0.065%) Adobe XD
15 3 (0.065%) InDesign
16 2 (0.043%) Adobe After Effects
16 2 (0.043%) InfoPath
Business Applications
1 27 (0.58%) Distributed Ledger
1 27 (0.58%) Sentinel
2 19 (0.41%) Dynamics CRM
3 15 (0.32%) Summit
4 11 (0.24%) Oracle BPM
5 8 (0.17%) Oracle Payables
5 8 (0.17%) Oracle Receivables
5 8 (0.17%) Temenos T24
6 7 (0.15%) Oracle Assets
6 7 (0.15%) Oracle Cash Management
7 6 (0.13%) Dynamics AX
7 6 (0.13%) SAP CO
7 6 (0.13%) SAP FI
7 6 (0.13%) SAP FI/CO
7 6 (0.13%) SAP S/4HANA
8 4 (0.086%) Elite 3E
8 4 (0.086%) Misys Midas
8 4 (0.086%) Oracle Procure-to-Pay
8 4 (0.086%) SAP ERP
9 3 (0.065%) thinkFolio
Cloud Services
1 1,203 (25.98%) AWS
2 803 (17.34%) Azure
3 544 (11.75%) GCP
4 385 (8.31%) GitHub
5 259 (5.59%) Serverless
6 223 (4.82%) SaaS
7 209 (4.51%) AWS Lambda
8 180 (3.89%) Amazon Kinesis
9 177 (3.82%) Amazon EC2
10 167 (3.61%) Amazon ECS
11 124 (2.68%) PaaS
12 117 (2.53%) Power Platform
13 99 (2.14%) OpenShift
14 92 (1.99%) Microsoft 365
15 53 (1.14%) AWS CloudFormation
16 50 (1.08%) Cloud Computing
17 46 (0.99%) IaaS
18 41 (0.89%) Amazon S3
19 37 (0.80%) Amazon EKS
20 35 (0.76%) Firebase
Communications & Networking
1 86 (1.86%) LAN
2 82 (1.77%) WAN
3 80 (1.73%) Firewall
4 67 (1.45%) Internet
5 50 (1.08%) TCP/IP
6 45 (0.97%) DNS
6 45 (0.97%) HTTP
7 36 (0.78%) VPN
8 31 (0.67%) Calico
9 30 (0.65%) Network Security
10 27 (0.58%) DHCP
11 23 (0.50%) Unified Communications
12 21 (0.45%) FTP
13 18 (0.39%) Cisco ASA
13 18 (0.39%) Cisco Nexus
13 18 (0.39%) Wireless
14 17 (0.37%) SSL
15 15 (0.32%) FIX Connectivity
16 14 (0.30%) MPLS
16 14 (0.30%) Wi-Fi
Database & Business Intelligence
1 568 (12.27%) PostgreSQL
2 482 (10.41%) Relational Database
3 357 (7.71%) NoSQL
4 305 (6.59%) Big Data
5 251 (5.42%) Redis
6 233 (5.03%) HBase
7 214 (4.62%) SQL Server
8 206 (4.45%) MariaDB
9 165 (3.56%) Amazon Aurora
10 150 (3.24%) Hadoop
11 144 (3.11%) MySQL
12 125 (2.70%) MongoDB
13 124 (2.68%) RDBMS
14 106 (2.29%) Data Warehouse
15 92 (1.99%) Power BI
16 78 (1.68%) Amazon Athena
17 71 (1.53%) Amazon DynamoDB
18 61 (1.32%) DB2
19 58 (1.25%) Tableau
20 55 (1.19%) SQL Server Integration Services
Development Applications
1 648 (13.99%) Git (software)
2 587 (12.68%) Jenkins
3 321 (6.93%) JIRA
4 304 (6.56%) Gradle
5 280 (6.05%) Cucumber
6 259 (5.59%) Sonatype Nexus
7 256 (5.53%) Cypress.io
8 247 (5.33%) JUnit
9 242 (5.23%) Protractor
10 241 (5.20%) IntelliJ
11 217 (4.69%) Eclipse
12 215 (4.64%) Mockito
13 198 (4.28%) Storybook
14 174 (3.76%) Artifactory
15 156 (3.37%) Selenium
16 140 (3.02%) Maven
17 131 (2.83%) SonarQube
18 93 (2.01%) Bitbucket
19 81 (1.75%) TeamCity
20 60 (1.30%) GitLab
General
1 3,137 (67.74%) Finance
2 1,063 (22.95%) Social Skills
3 666 (14.38%) Investment Banking
4 472 (10.19%) Inclusion and Diversity
5 398 (8.59%) Retail
6 386 (8.34%) Law
7 348 (7.51%) Analytical Skills
8 328 (7.08%) Front Office
9 189 (4.08%) Retail Banking
10 175 (3.78%) Financial Institution
11 174 (3.76%) Telecoms
12 151 (3.26%) Presentation Skills
13 112 (2.42%) Legal
14 85 (1.84%) Back Office
15 81 (1.75%) Influencing Skills
15 81 (1.75%) Organisational Skills
16 67 (1.45%) Marketing
17 65 (1.40%) Manufacturing
18 57 (1.23%) Games
19 52 (1.12%) Private Banking
Job Titles
1 1,335 (28.83%) Developer
2 646 (13.95%) Software Engineer
3 498 (10.75%) Analyst
4 481 (10.39%) Java Developer
5 263 (5.68%) Senior Developer
6 250 (5.40%) Architect
7 212 (4.58%) Business Analyst
8 175 (3.78%) AWS Engineer
9 157 (3.39%) Java Engineer
10 153 (3.30%) DevOps Engineer
11 150 (3.24%) Senior Software Engineer
12 142 (3.07%) Consultant
12 142 (3.07%) Principal Engineer
13 136 (2.94%) AWS Software Engineer
14 135 (2.92%) Full Stack Developer
15 133 (2.87%) AWS Developer
16 131 (2.83%) Project Manager
17 126 (2.72%) Developer/Software Engineer
18 124 (2.68%) Principal Software Engineer
19 118 (2.55%) Java Software Engineer
Libraries, Frameworks & Software Standards
1 681 (14.71%) React
2 631 (13.63%) Kafka
3 590 (12.74%) Node.js
4 577 (12.46%) AngularJS
5 560 (12.09%) Spring
6 490 (10.58%) CSS
7 438 (9.46%) Web Services
8 393 (8.49%) RESTful
9 360 (7.77%) HTML
10 350 (7.56%) REST
11 342 (7.39%) .NET
12 306 (6.61%) Redux
13 305 (6.59%) RabbitMQ
14 290 (6.26%) JSON
15 260 (5.61%) gRPC
16 249 (5.38%) Twitter Bootstrap
17 243 (5.25%) Spring Boot
18 237 (5.12%) Express
19 201 (4.34%) Tailwind CSS
20 198 (4.28%) WireMock
Miscellaneous
1 431 (9.31%) User Experience
2 237 (5.12%) Self-Motivation
3 226 (4.88%) Hedge funds
4 215 (4.64%) Derivative
5 209 (4.51%) Foreign Exchange (FX)
6 204 (4.41%) Fixed Income
7 188 (4.06%) Linux Command Line
8 182 (3.93%) Equities
9 158 (3.41%) Mobile App
10 155 (3.35%) Cloud Native
11 143 (3.09%) Virtual Team
12 135 (2.92%) Pricing Data
13 122 (2.63%) Management Information System
14 109 (2.35%) Algorithms
15 108 (2.33%) Legacy Systems
16 107 (2.31%) Public Cloud
17 93 (2.01%) Greenfield Project
18 79 (1.71%) Market Risk
19 77 (1.66%) Credit Risk
20 76 (1.64%) Enterprise Software
Operating Systems
1 688 (14.86%) Linux
2 436 (9.41%) Unix
3 290 (6.26%) Windows
4 119 (2.57%) Android
5 103 (2.22%) Apple iOS
6 57 (1.23%) Windows Server
7 35 (0.76%) Windows 10
8 32 (0.69%) Red Hat Enterprise Linux
9 29 (0.63%) Solaris
10 22 (0.48%) Ubuntu
11 21 (0.45%) Windows Server 2016
12 17 (0.37%) Windows Server 2012
13 16 (0.35%) CentOS
14 13 (0.28%) Windows 7
14 13 (0.28%) zOS
15 12 (0.26%) Mesosphere
16 9 (0.19%) Windows Server 2008
17 7 (0.15%) Windows Server 2019
18 6 (0.13%) Mac OS
18 6 (0.13%) SUSE
Processes & Methodologies
1 2,103 (45.41%) Agile Software Development
2 1,089 (23.52%) Software Engineering
3 1,030 (22.24%) DevOps
4 987 (21.31%) Microservices
5 962 (20.77%) Fintech
6 630 (13.60%) TDD
7 561 (12.11%) Computer Science
8 560 (12.09%) Test Automation
9 549 (11.85%) Problem-Solving
10 536 (11.57%) Scrum
11 503 (10.86%) Full Stack Development
12 476 (10.28%) Digital Banking
13 419 (9.05%) Analytics
14 380 (8.21%) Asset Management
15 373 (8.05%) Clean Code
16 361 (7.80%) BDD
17 359 (7.75%) OO
18 338 (7.30%) Continuous Integration
19 334 (7.21%) SDLC
19 334 (7.21%) Stakeholder Management
Programming Languages
1 1,553 (33.53%) Java
2 1,111 (23.99%) Python
3 957 (20.67%) SQL
4 728 (15.72%) JavaScript
5 417 (9.00%) C#
6 307 (6.63%) TypeScript
7 294 (6.35%) Shell Script
8 218 (4.71%) Groovy
9 167 (3.61%) Bash Shell
10 154 (3.33%) Java 8
11 146 (3.15%) Kotlin
12 145 (3.13%) C++
13 137 (2.96%) Go
14 124 (2.68%) PowerShell
15 123 (2.66%) Ruby
16 110 (2.38%) C
17 89 (1.92%) Scala
18 69 (1.49%) R
19 68 (1.47%) Perl
20 56 (1.21%) Apple Swift
Qualifications
1 753 (16.26%) Degree
2 199 (4.30%) OCP
2 199 (4.30%) Oracle Certification
3 155 (3.35%) Computer Science Degree
4 51 (1.10%) CISSP
5 50 (1.08%) Cisco Certification
6 45 (0.97%) PhD
7 36 (0.78%) Master's Degree
8 32 (0.69%) Numerate Degree
9 30 (0.65%) Microsoft Certification
10 28 (0.60%) CCNP
11 27 (0.58%) CISM
12 25 (0.54%) CCNA
13 20 (0.43%) PMI Certification
13 20 (0.43%) Security Cleared
14 19 (0.41%) TOGAF Certification
15 18 (0.39%) AWS Certification
15 18 (0.39%) SC Cleared
16 16 (0.35%) CISA
16 16 (0.35%) ITIL Foundation Certificate
Quality Assurance & Compliance
1 281 (6.07%) QA
2 84 (1.81%) SLA
3 81 (1.75%) PMO
4 68 (1.47%) PSD2
5 57 (1.23%) NIST
6 50 (1.08%) ISO/IEC 27001
7 48 (1.04%) GDPR
8 43 (0.93%) MiFID
9 41 (0.89%) Accessibility
10 39 (0.84%) Data Quality
11 30 (0.65%) EMIR
12 22 (0.48%) Cyber Essentials
13 18 (0.39%) Cyber Essentials PLUS
13 18 (0.39%) PCI DSS
14 14 (0.30%) COBIT
14 14 (0.30%) SEPA
15 11 (0.24%) GRC
15 11 (0.24%) ISO 20022
16 9 (0.19%) IFRS
16 9 (0.19%) P3O
System Software
1 587 (12.68%) Docker
2 185 (3.99%) HDFS
3 172 (3.71%) VMware Infrastructure
4 99 (2.14%) Active Directory
5 72 (1.55%) Virtual Machines
6 25 (0.54%) Virtual Servers
7 14 (0.30%) VMware NSX
8 11 (0.24%) VMware ESXi
9 10 (0.22%) Apache ZooKeeper
9 10 (0.22%) Microsoft Virtual Server
10 9 (0.19%) Apache Flume
10 9 (0.19%) Time Sharing Option
11 8 (0.17%) Hyper-V
11 8 (0.17%) RACF
12 6 (0.13%) vSphere
13 5 (0.11%) DFS Replication
13 5 (0.11%) OpenAM
14 4 (0.086%) XenApp
15 3 (0.065%) Veritas Cluster Server
15 3 (0.065%) VMware Server
Systems Management
1 654 (14.12%) Kubernetes
2 446 (9.63%) Ansible
3 333 (7.19%) Terraform
4 183 (3.95%) Opscode Chef
5 103 (2.22%) Puppet
6 72 (1.55%) Prometheus
7 52 (1.12%) Grafana
8 50 (1.08%) Kibana
9 35 (0.76%) SCCM
10 23 (0.50%) Istio
11 15 (0.32%) Jamf Pro
11 15 (0.32%) vCenter Server
12 14 (0.30%) FortiGate
13 13 (0.28%) AirWatch
13 13 (0.28%) ITRS Geneos
13 13 (0.28%) Microsoft Intune
14 12 (0.26%) Automic
14 12 (0.26%) Single Sign-On
15 10 (0.22%) SCOM
16 9 (0.19%) logstash
Vendors
1 377 (8.14%) Microsoft
2 316 (6.82%) Oracle
3 248 (5.36%) VMware
4 247 (5.33%) Google
5 199 (4.30%) Okta
6 107 (2.31%) Sybase
7 98 (2.12%) Cisco
8 79 (1.71%) IBM
9 55 (1.19%) Bloomberg
10 53 (1.14%) Citrix
11 52 (1.12%) SAP
12 51 (1.10%) Splunk
13 49 (1.06%) Red Hat
14 40 (0.86%) ServiceNow
15 38 (0.82%) Fidessa
15 38 (0.82%) Salesforce.com
16 36 (0.78%) Murex
17 34 (0.73%) Solace
18 31 (0.67%) Apple
19 27 (0.58%) Reuters