Period
to 27 February 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 27 February 2021 with a comparison to the same period over the previous 2 years.

Banking
UK
6 months to
27 Feb 2021
Same period 2020 Same period 2019
Rank 76 61 44
Rank change year-on-year -15 -17 -1
Permanent jobs citing Banking 2,846 5,433 8,126
As % of all permanent jobs advertised in the UK 3.83% 4.42% 5.38%
As % of the General category 9.95% 11.08% 13.16%
Number of salaries quoted 2,601 4,264 6,195
Median annual salary £75,000 £72,500 £65,000
Median salary % change year-on-year +3.45% +11.54% +4.00%
10th Percentile £47,500 £40,556 £37,500
90th Percentile £112,500 £120,000 £103,750
UK excluding London median annual salary £57,500 £55,000 £51,250
% change year-on-year +4.55% +7.32% +2.50%

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 28,607 49,056 61,766
As % of all permanent IT jobs advertised in the UK 38.53% 39.90% 40.86%
Number of salaries quoted 21,439 37,648 47,646
Median annual salary £60,000 £55,044 £55,000
Median salary % change year-on-year +9.00% +0.08% +10.00%
10th Percentile £32,500 £31,250 £30,250
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 27 February 2021.

Salary histogram for Banking in the UK

Banking
Top 18 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 27 February 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 -11 2,652 £75,000 - 497
London +2 2,334 £77,500 - 359
UK excluding London -65 460 £57,500 +4.55% 168
Work from Home -16 370 £75,000 -16.67% 125
Scotland +12 117 £55,000 - 20
North of England -96 109 £67,500 +22.73% 80
South East +7 103 £62,500 - 26
North West -64 62 £62,500 +13.64% 28
South West +38 48 £57,500 +39.94% 8
Yorkshire -41 40 £75,000 +36.36% 42
Midlands -11 35 £49,250 +23.13% 17
Isle of Man - 32 £49,500 - 2
West Midlands +27 27 £47,500 +11.76% 7
East Midlands -18 8 £50,000 +33.33% 10
Northern Ireland +4 7 £50,000 -9.09% 5
North East -9 7 £45,000 +2.46% 10
East of England -64 5 £55,000 - 5
Wales +6 4 £45,000 +5.88% 5

For the 6 months to 27 February 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 1,712 (60.15%) Finance
2 1,136 (39.92%) Agile Software Development
3 874 (30.71%) Java
4 695 (24.42%) AWS
5 582 (20.45%) SQL
6 575 (20.20%) Python
7 553 (19.43%) DevOps
8 541 (19.01%) Fintech
9 532 (18.69%) Azure
10 463 (16.27%) Microservices
11 439 (15.43%) Investment Banking
12 429 (15.07%) JavaScript
13 419 (14.72%) Kubernetes
14 366 (12.86%) Docker
15 342 (12.02%) Analytics
16 340 (11.95%) GCP
17 310 (10.89%) Asset Management
18 289 (10.15%) Microsoft
19 283 (9.94%) Front Office
20 279 (9.80%) Software Engineering
21 274 (9.63%) Scrum
22 270 (9.49%) Problem-Solving
23 268 (9.42%) Degree
24 246 (8.64%) OO
25 240 (8.43%) Test Automation
26 236 (8.29%) Linux
27 233 (8.19%) HTML
28 231 (8.12%) Machine Learning
29 227 (7.98%) Jenkins
30 224 (7.87%) Spring

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 84 (2.95%) Apache Spark
2 80 (2.81%) Confluence
3 64 (2.25%) Apache
4 61 (2.14%) SharePoint
5 52 (1.83%) Elasticsearch
6 46 (1.62%) SAS
7 17 (0.60%) CMS
7 17 (0.60%) MS Exchange
8 16 (0.56%) MTS
9 13 (0.46%) Tornado
10 11 (0.39%) Apache Airflow
11 10 (0.35%) Exchange Server 2010
12 9 (0.32%) Oracle SOA Suite
12 9 (0.32%) SharePoint 2013
12 9 (0.32%) Tomcat
13 6 (0.21%) JBoss
13 6 (0.21%) WebSphere
14 4 (0.14%) Luigi
14 4 (0.14%) OpenStack
14 4 (0.14%) Skype for Business
Applications
1 68 (2.39%) Microsoft Excel
2 40 (1.41%) Microsoft Office
3 26 (0.91%) Microsoft PowerPoint
4 23 (0.81%) MS Visio
5 14 (0.49%) Microsoft Project
5 14 (0.49%) Spreadsheet
6 13 (0.46%) InVision
7 11 (0.39%) Figma
8 10 (0.35%) Sketch
9 5 (0.18%) Photoshop
10 4 (0.14%) Zeplin
11 3 (0.11%) Adobe Illustrator
12 2 (0.070%) Adobe XD
13 1 (0.035%) InfoPath
13 1 (0.035%) Marvel
Business Applications
1 65 (2.28%) Dynamics CRM
2 18 (0.63%) Loan IQ
3 12 (0.42%) Sentinel
4 11 (0.39%) Summit
5 8 (0.28%) Temenos T24
6 6 (0.21%) Eikon
7 5 (0.18%) Distributed Ledger
8 3 (0.11%) Oracle Financials
8 3 (0.11%) SAP BPC
8 3 (0.11%) SAP S/4HANA
9 2 (0.070%) Dynamics AX
9 2 (0.070%) Endur
9 2 (0.070%) Findur
9 2 (0.070%) Magento
9 2 (0.070%) Oracle Cash Management
9 2 (0.070%) StreamServe
10 1 (0.035%) Actimize
10 1 (0.035%) Misys Midas
10 1 (0.035%) MultiFonds
10 1 (0.035%) SAP CO
Cloud Services
1 695 (24.42%) AWS
2 532 (18.69%) Azure
3 340 (11.95%) GCP
4 138 (4.85%) Power Platform
5 124 (4.36%) Serverless
6 117 (4.11%) AWS Lambda
7 105 (3.69%) SaaS
8 81 (2.85%) Amazon ECS
9 60 (2.11%) Microsoft 365
10 57 (2.00%) Amazon EC2
11 55 (1.93%) PaaS
12 53 (1.86%) Dynamics 365
13 48 (1.69%) Apigee
14 46 (1.62%) AWS CloudFormation
14 46 (1.62%) IaaS
15 38 (1.34%) Firebase
16 34 (1.19%) Cloud Computing
17 30 (1.05%) GitHub
18 29 (1.02%) Azure Functions
19 28 (0.98%) Cloud Functions
Communications & Networking
1 93 (3.27%) Firewall
2 61 (2.14%) TCP/IP
3 57 (2.00%) WAN
4 54 (1.90%) LAN
5 48 (1.69%) DNS
6 38 (1.34%) Network Security
7 25 (0.88%) VoIP
7 25 (0.88%) VPN
8 24 (0.84%) Cisco ASA
9 23 (0.81%) DHCP
10 19 (0.67%) BGP
11 18 (0.63%) NetScaler
12 17 (0.60%) Unified Communications
13 16 (0.56%) MPLS
13 16 (0.56%) Wireless
14 14 (0.49%) OSPF
15 13 (0.46%) VLAN
16 12 (0.42%) Cisco IOS
16 12 (0.42%) Cisco Nexus
16 12 (0.42%) SSH
Database & Business Intelligence
1 166 (5.83%) SQL Server
2 157 (5.52%) PostgreSQL
3 144 (5.06%) Big Data
4 119 (4.18%) NoSQL
5 118 (4.15%) Data Warehouse
6 116 (4.08%) Relational Database
7 111 (3.90%) MySQL
8 107 (3.76%) SQL Server Integration Services
9 103 (3.62%) SQL Server Reporting Services
10 90 (3.16%) Power BI
11 79 (2.78%) MongoDB
12 73 (2.57%) Hadoop
13 62 (2.18%) RDBMS
14 54 (1.90%) Tableau
15 52 (1.83%) Amazon Redshift
16 33 (1.16%) Apache Cassandra
17 30 (1.05%) Data Lake
18 25 (0.88%) Amazon Aurora
18 25 (0.88%) Apache Hive
19 24 (0.84%) Blockchain
Development Applications
1 227 (7.98%) Jenkins
2 223 (7.84%) Git (software)
3 131 (4.60%) JIRA
4 98 (3.44%) Maven
5 91 (3.20%) Selenium
6 75 (2.64%) GitLab
7 68 (2.39%) Cucumber
8 63 (2.21%) Artifactory
9 56 (1.97%) Visual Studio
10 50 (1.76%) Gradle
11 39 (1.37%) webpack
12 36 (1.26%) SonarQube
13 30 (1.05%) TeamCity
14 28 (0.98%) JUnit
15 26 (0.91%) Mocha
16 25 (0.88%) Appium
16 25 (0.88%) Bitbucket
17 21 (0.74%) Cypress.io
18 18 (0.63%) Mockito
19 17 (0.60%) Atlassian Bamboo
General
1 1,712 (60.15%) Finance
2 439 (15.43%) Investment Banking
3 283 (9.94%) Front Office
4 132 (4.64%) Retail
4 132 (4.64%) Telecoms
5 94 (3.30%) Private Banking
6 77 (2.71%) Financial Institution
7 75 (2.64%) Retail Banking
8 72 (2.53%) Legal
9 67 (2.35%) Back Office
10 58 (2.04%) Public Sector
11 57 (2.00%) Manufacturing
12 47 (1.65%) Games
13 45 (1.58%) Automotive
14 43 (1.51%) Marketing
15 40 (1.41%) Law
16 29 (1.02%) Advertising
17 21 (0.74%) International Banking
18 18 (0.63%) Electronics
19 15 (0.53%) General Ledger
Job Titles
1 899 (31.59%) Developer
2 340 (11.95%) Java Developer
3 264 (9.28%) Analyst
4 182 (6.39%) Architect
5 155 (5.45%) Senior Developer
6 154 (5.41%) Software Engineer
7 141 (4.95%) DevOps Engineer
8 123 (4.32%) Business Analyst
9 122 (4.29%) Java Engineer
10 119 (4.18%) AWS Engineer
11 110 (3.87%) Consultant
12 105 (3.69%) Project Manager
13 99 (3.48%) Full Stack Developer
14 96 (3.37%) AWS Developer
14 96 (3.37%) Lead Developer
15 95 (3.34%) Solutions Architect
16 87 (3.06%) Python Developer
17 83 (2.92%) Developer/Software Engineer
18 78 (2.74%) Java Software Engineer
19 75 (2.64%) JavaScript Developer
Libraries, Frameworks & Software Standards
1 233 (8.19%) HTML
2 224 (7.87%) Spring
3 221 (7.77%) React
4 216 (7.59%) AngularJS
5 209 (7.34%) .NET
6 200 (7.03%) CSS
7 199 (6.99%) Web Services
8 189 (6.64%) Kafka
9 147 (5.17%) Spring Boot
10 131 (4.60%) REST
11 130 (4.57%) HTML5
12 127 (4.46%) Node.js
13 110 (3.87%) gRPC
14 91 (3.20%) XML
15 88 (3.09%) Vue.js
16 80 (2.81%) ASP.NET
17 76 (2.67%) Redux
18 70 (2.46%) OAuth
19 68 (2.39%) RESTful
20 60 (2.11%) Middleware
Miscellaneous
1 207 (7.27%) Fixed Income
2 198 (6.96%) Analytical Skills
3 183 (6.43%) Foreign Exchange (FX)
4 181 (6.36%) Hedge funds
5 163 (5.73%) Derivative
6 149 (5.24%) Mobile App
7 144 (5.06%) Equities
8 137 (4.81%) Greenfield Project
9 127 (4.46%) User Experience
10 117 (4.11%) Cloud Native
11 65 (2.28%) Data Centre
12 58 (2.04%) Algorithms
13 56 (1.97%) Social Network
13 56 (1.97%) SWIFT
14 55 (1.93%) Management Information System
15 50 (1.76%) Mobile Banking
16 49 (1.72%) Self-Motivation
17 48 (1.69%) Online Banking
18 46 (1.62%) Data Structures
19 44 (1.55%) Enterprise Software
Operating Systems
1 236 (8.29%) Linux
2 191 (6.71%) Windows
3 142 (4.99%) Unix
4 55 (1.93%) Windows Server
5 53 (1.86%) Android
6 47 (1.65%) Apple iOS
6 47 (1.65%) Windows 10
7 35 (1.23%) Red Hat Enterprise Linux
8 27 (0.95%) Windows Server 2016
9 24 (0.84%) Windows Server 2012
10 22 (0.77%) Solaris
10 22 (0.77%) Windows Server 2008
11 12 (0.42%) Windows 7
12 9 (0.32%) CentOS
12 9 (0.32%) Mac OS
12 9 (0.32%) zOS
13 6 (0.21%) AIX
14 5 (0.18%) CoreOS
14 5 (0.18%) Ubuntu
14 5 (0.18%) Windows XP
Processes & Methodologies
1 1,136 (39.92%) Agile Software Development
2 553 (19.43%) DevOps
3 541 (19.01%) Fintech
4 463 (16.27%) Microservices
5 342 (12.02%) Analytics
6 310 (10.89%) Asset Management
7 279 (9.80%) Software Engineering
8 274 (9.63%) Scrum
9 270 (9.49%) Problem-Solving
10 246 (8.64%) OO
11 240 (8.43%) Test Automation
12 231 (8.12%) Machine Learning
13 212 (7.45%) TDD
14 205 (7.20%) Stakeholder Management
15 179 (6.29%) Investment Management
16 171 (6.01%) Project Management
17 157 (5.52%) Risk Management
18 155 (5.45%) SDLC
19 154 (5.41%) BDD
20 149 (5.24%) Computer Science
Programming Languages
1 874 (30.71%) Java
2 582 (20.45%) SQL
3 575 (20.20%) Python
4 429 (15.07%) JavaScript
5 212 (7.45%) C#
6 138 (4.85%) Java 8
7 112 (3.94%) C++
7 112 (3.94%) Scala
8 108 (3.79%) TypeScript
9 90 (3.16%) Shell Script
10 75 (2.64%) C
10 75 (2.64%) Kotlin
11 72 (2.53%) Bash Shell
11 72 (2.53%) PowerShell
12 69 (2.42%) Go
13 66 (2.32%) R
14 54 (1.90%) Perl
15 36 (1.26%) PHP
15 36 (1.26%) T-SQL
16 33 (1.16%) Ruby
Qualifications
1 268 (9.42%) Degree
2 72 (2.53%) Computer Science Degree
3 65 (2.28%) Cisco Certification
4 62 (2.18%) CISSP
5 39 (1.37%) CISM
6 29 (1.02%) CCNP
7 23 (0.81%) (ISC)2 CCSP
8 22 (0.77%) CISA
9 18 (0.63%) CCNA
10 16 (0.56%) ITIL Foundation Certificate
10 16 (0.56%) PhD
11 14 (0.49%) Master's Degree
12 13 (0.46%) CCIE
13 12 (0.42%) Sun Certification
14 11 (0.39%) Microsoft Certification
14 11 (0.39%) PMI Certification
14 11 (0.39%) TOGAF Certification
15 10 (0.35%) ACCA
15 10 (0.35%) CRISC
15 10 (0.35%) ISEB
Quality Assurance & Compliance
1 116 (4.08%) QA
2 43 (1.51%) MiFID
3 40 (1.41%) Data Quality
4 39 (1.37%) EMIR
5 36 (1.26%) GDPR
5 36 (1.26%) NIST
6 30 (1.05%) Dodd-Frank
7 27 (0.95%) ISO/IEC 27001
8 24 (0.84%) COBIT
8 24 (0.84%) SLA
9 21 (0.74%) PMO
10 16 (0.56%) PCI DSS
11 6 (0.21%) ISO 20022
11 6 (0.21%) SEPA
12 3 (0.11%) IFRS
12 3 (0.11%) ISO 22301
12 3 (0.11%) PSD2
12 3 (0.11%) TARGET2
13 2 (0.070%) ITGC
14 1 (0.035%) IFRS 9
System Software
1 366 (12.86%) Docker
2 93 (3.27%) Active Directory
3 63 (2.21%) VMware Infrastructure
4 20 (0.70%) Hyper-V
5 14 (0.49%) Virtual Machines
6 13 (0.46%) Virtual Servers
7 11 (0.39%) Microsoft Virtual Server
7 11 (0.39%) VMware ESXi
7 11 (0.39%) VMware NSX
7 11 (0.39%) XenDesktop
8 7 (0.25%) Microsoft App-V
9 5 (0.18%) RACF
10 4 (0.14%) Time Sharing Option
10 4 (0.14%) VMware Workstation
11 3 (0.11%) Oracle RAC
12 2 (0.070%) VMware Server
12 2 (0.070%) vSphere
12 2 (0.070%) XenApp
13 1 (0.035%) DFS Replication
13 1 (0.035%) Virtual Desktop
Systems Management
1 419 (14.72%) Kubernetes
2 185 (6.50%) Terraform
3 160 (5.62%) Ansible
4 55 (1.93%) Puppet
5 38 (1.34%) Istio
6 36 (1.26%) Opscode Chef
7 33 (1.16%) SCCM
8 24 (0.84%) Fortio
8 24 (0.84%) Kiali
9 20 (0.70%) Microsoft Intune
10 19 (0.67%) SCOM
11 17 (0.60%) Single Sign-On
12 13 (0.46%) vCenter Server
13 11 (0.39%) ITRS Geneos
13 11 (0.39%) Prometheus
14 10 (0.35%) Cisco CUCM
15 9 (0.32%) Data Guard
15 9 (0.32%) Oracle Enterprise Manager
16 8 (0.28%) Control-M
16 8 (0.28%) Grafana
Vendors
1 289 (10.15%) Microsoft
2 182 (6.39%) Google
3 168 (5.90%) Oracle
4 106 (3.72%) Cisco
5 95 (3.34%) VMware
6 59 (2.07%) IBM
7 47 (1.65%) Red Hat
8 40 (1.41%) Murex
8 40 (1.41%) SAP
9 31 (1.09%) Solace
10 29 (1.02%) Splunk
10 29 (1.02%) Sybase
11 27 (0.95%) Bloomberg
11 27 (0.95%) F5
12 25 (0.88%) Salesforce.com
13 24 (0.84%) CheckPoint
13 24 (0.84%) Citrix
14 22 (0.77%) Databricks
15 21 (0.74%) Atlassian
16 20 (0.70%) Ivanti