Period
to 12 May 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 12 May 2021 with a comparison to the same period over the previous 2 years.

Banking
UK
6 months to
12 May 2021
Same period 2020 Same period 2019
Rank 79 58 50
Rank change year-on-year -21 -8 0
Permanent jobs citing Banking 3,373 4,525 7,599
As % of all permanent jobs advertised in the UK 3.81% 4.59% 5.23%
As % of the General category 7.06% 8.42% 9.24%
Number of salaries quoted 2,536 3,354 5,762
10th Percentile £46,750 £42,500 £37,500
25th Percentile £58,488 £55,852 £51,250
Median annual salary (50th Percentile) £75,000 £75,000 £67,500
Median % change year-on-year - +11.11% +4.65%
75th Percentile £95,000 £96,250 £85,000
90th Percentile £115,000 £121,750 £102,500
UK excluding London median annual salary £57,500 £56,500 £54,068
% change year-on-year +1.77% +4.50% +2.99%

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 47,743 53,747 82,241
As % of all permanent IT jobs advertised in the UK 53.86% 54.53% 56.56%
Number of salaries quoted 34,134 41,580 62,460
10th Percentile £31,250 £30,000 £28,247
25th Percentile £41,250 £40,000 £37,500
Median annual salary (50th Percentile) £55,000 £55,000 £52,500
Median % change year-on-year - +4.76% +5.00%
75th Percentile £77,500 £75,000 £71,250
90th Percentile £95,000 £93,750 £87,500
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 12 May 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 12 May 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 -18 3,114 £75,000 - 543
London -3 2,548 £80,000 - 394
UK excluding London -26 733 £57,500 +1.77% 178
Work from Home +4 498 £75,000 - 98
South East +41 215 £59,000 -12.59% 40
North of England -76 163 £65,000 +18.18% 57
Scotland 0 152 £57,500 +9.52% 28
South West +9 97 £65,000 +41.30% 11
North West -58 85 £64,410 +17.11% 21
Yorkshire -29 70 £67,500 +22.73% 30
Midlands -31 47 £50,000 - 27
Isle of Man - 31 £49,500 -
West Midlands -18 29 £50,000 -29.82% 14
East Midlands -22 18 £50,000 +11.11% 13
Northern Ireland -6 10 £36,000 -34.55% 5
Wales 0 9 £34,500 -18.82% 1
North East -16 8 £45,345 -7.52% 6
East of England -80 7 £52,500 -32.26% 9
Channel Islands - 2 - -

For the 6 months to 12 May 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 2,098 (62.20%) Finance
2 1,429 (42.37%) Agile Software Development
3 1,063 (31.51%) Java
4 799 (23.69%) AWS
5 699 (20.72%) SQL
6 692 (20.52%) Fintech
7 691 (20.49%) Social Skills
8 687 (20.37%) Python
9 638 (18.91%) Microservices
10 620 (18.38%) DevOps
11 519 (15.39%) JavaScript
12 516 (15.30%) Azure
13 513 (15.21%) Software Engineering
14 503 (14.91%) Investment Banking
15 496 (14.71%) Kubernetes
16 418 (12.39%) Docker
17 383 (11.35%) GCP
18 381 (11.30%) Degree
19 373 (11.06%) Linux
20 349 (10.35%) Scrum
20 349 (10.35%) TDD
21 348 (10.32%) Problem-Solving
22 321 (9.52%) Analytics
23 320 (9.49%) Git (software)
24 318 (9.43%) Jenkins
25 317 (9.40%) Asset Management
26 313 (9.28%) Test Automation
27 311 (9.22%) React
27 311 (9.22%) PostgreSQL
28 306 (9.07%) AngularJS

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
1 131 (3.88%) Apache Spark
2 112 (3.32%) Confluence
3 72 (2.13%) Apache
4 63 (1.87%) SharePoint
5 58 (1.72%) SAS
6 56 (1.66%) Elasticsearch
7 53 (1.57%) GemFire
8 28 (0.83%) CMS
9 22 (0.65%) MS Exchange
10 20 (0.59%) Cloud Foundry
11 17 (0.50%) Exchange Server 2010
12 13 (0.39%) Apache Airflow
12 13 (0.39%) Oracle SOA Suite
12 13 (0.39%) Tomcat
13 12 (0.36%) CICS
13 12 (0.36%) SharePoint 2013
14 10 (0.30%) MTS
15 9 (0.27%) JBoss
15 9 (0.27%) WebSphere
16 8 (0.24%) Skype for Business
Applications
1 101 (2.99%) Microsoft Excel
2 82 (2.43%) Microsoft Office
3 48 (1.42%) Microsoft PowerPoint
4 28 (0.83%) Microsoft Project
5 21 (0.62%) MS Visio
6 16 (0.47%) Figma
6 16 (0.47%) Spreadsheet
7 14 (0.42%) InVision
8 5 (0.15%) Sketch
9 4 (0.12%) MadCap Flare
9 4 (0.12%) Photoshop
10 2 (0.059%) Adobe Illustrator
10 2 (0.059%) InDesign
10 2 (0.059%) Zeplin
11 1 (0.030%) Chatbot
11 1 (0.030%) EViews
11 1 (0.030%) Marvel
11 1 (0.030%) SPSS
Business Applications
1 47 (1.39%) Dynamics CRM
2 19 (0.56%) Sentinel
3 13 (0.39%) Summit
4 10 (0.30%) Temenos T24
5 9 (0.27%) Loan IQ
6 6 (0.18%) Eikon
7 4 (0.12%) Distributed Ledger
7 4 (0.12%) Dynamics AX
7 4 (0.12%) Oracle BPM
7 4 (0.12%) SAP ERP
7 4 (0.12%) SAP S/4HANA
7 4 (0.12%) thinkFolio
8 3 (0.089%) Bloomberg AIM
8 3 (0.089%) SAP CO
8 3 (0.089%) SAP FI
8 3 (0.089%) SAP FI/CO
9 2 (0.059%) Misys Midas
9 2 (0.059%) NetSuite
9 2 (0.059%) SAP Oil and Gas
9 2 (0.059%) StreamServe
Cloud Services
1 799 (23.69%) AWS
2 516 (15.30%) Azure
3 383 (11.35%) GCP
4 148 (4.39%) SaaS
5 133 (3.94%) Serverless
6 127 (3.77%) AWS Lambda
7 116 (3.44%) Power Platform
8 105 (3.11%) Amazon ECS
9 102 (3.02%) Amazon EC2
10 99 (2.94%) PaaS
11 91 (2.70%) GitHub
12 64 (1.90%) Microsoft 365
13 51 (1.51%) AWS CloudFormation
14 49 (1.45%) IaaS
15 44 (1.30%) OpenShift
16 43 (1.27%) Cloud Computing
17 36 (1.07%) Firebase
18 35 (1.04%) Dynamics 365
19 32 (0.95%) Amazon Kinesis
19 32 (0.95%) Apigee
Communications & Networking
1 68 (2.02%) Firewall
1 68 (2.02%) WAN
2 67 (1.99%) LAN
3 52 (1.54%) TCP/IP
4 51 (1.51%) DNS
5 33 (0.98%) Internet
6 31 (0.92%) Network Security
7 26 (0.77%) DHCP
8 23 (0.68%) Cisco ASA
9 21 (0.62%) VPN
10 20 (0.59%) NetScaler
11 18 (0.53%) Unified Communications
12 17 (0.50%) BGP
12 17 (0.50%) SSH
13 15 (0.44%) Cisco IOS
13 15 (0.44%) Cisco Nexus
14 14 (0.42%) FIX Connectivity
15 12 (0.36%) MPLS
15 12 (0.36%) Multicast
15 12 (0.36%) Wi-Fi
Database & Business Intelligence
1 311 (9.22%) PostgreSQL
2 227 (6.73%) Relational Database
3 186 (5.51%) SQL Server
4 164 (4.86%) Big Data
5 163 (4.83%) MySQL
6 149 (4.42%) NoSQL
7 114 (3.38%) RDBMS
8 98 (2.91%) Data Warehouse
9 94 (2.79%) MongoDB
10 90 (2.67%) Hadoop
11 80 (2.37%) Power BI
11 80 (2.37%) Redis
12 77 (2.28%) SQL Server Integration Services
13 73 (2.16%) Amazon Aurora
14 72 (2.13%) SQL Server Reporting Services
15 54 (1.60%) HBase
16 48 (1.42%) Tableau
17 43 (1.27%) MariaDB
18 32 (0.95%) Amazon Redshift
18 32 (0.95%) Apache Cassandra
Development Applications
1 320 (9.49%) Git (software)
2 318 (9.43%) Jenkins
3 206 (6.11%) JIRA
4 120 (3.56%) Cucumber
5 117 (3.47%) Gradle
6 116 (3.44%) Selenium
7 105 (3.11%) Maven
8 88 (2.61%) JUnit
9 75 (2.22%) Artifactory
10 71 (2.10%) Mockito
11 67 (1.99%) Cypress.io
12 63 (1.87%) Sonatype Nexus
13 58 (1.72%) Eclipse
13 58 (1.72%) Protractor
14 54 (1.60%) IntelliJ
15 53 (1.57%) SonarQube
16 52 (1.54%) GitLab
17 45 (1.33%) Bitbucket
17 45 (1.33%) Mocha
18 44 (1.30%) Visual Studio
General
1 2,098 (62.20%) Finance
2 691 (20.49%) Social Skills
3 503 (14.91%) Investment Banking
4 286 (8.48%) Front Office
5 249 (7.38%) Analytical Skills
6 248 (7.35%) Retail
7 166 (4.92%) Telecoms
8 115 (3.41%) Law
9 103 (3.05%) Financial Institution
10 90 (2.67%) Retail Banking
11 75 (2.22%) Legal
11 75 (2.22%) Private Banking
12 73 (2.16%) Presentation Skills
13 70 (2.08%) Back Office
14 66 (1.96%) Manufacturing
15 64 (1.90%) Influencing Skills
16 57 (1.69%) Marketing
17 54 (1.60%) Organisational Skills
18 45 (1.33%) Games
18 45 (1.33%) Public Sector
Job Titles
1 1,064 (31.54%) Developer
2 426 (12.63%) Java Developer
3 346 (10.26%) Analyst
4 248 (7.35%) Software Engineer
5 193 (5.72%) Senior Developer
6 187 (5.54%) Architect
7 159 (4.71%) Business Analyst
8 147 (4.36%) Java Engineer
9 139 (4.12%) AWS Engineer
10 138 (4.09%) DevOps Engineer
11 128 (3.79%) Consultant
12 124 (3.68%) AWS Developer
13 122 (3.62%) Full Stack Developer
14 120 (3.56%) Project Manager
15 105 (3.11%) Java Software Engineer
16 100 (2.96%) Developer/Software Engineer
17 95 (2.82%) AWS Software Engineer
18 86 (2.55%) Solutions Architect
19 85 (2.52%) Python Developer
19 85 (2.52%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 311 (9.22%) React
2 306 (9.07%) AngularJS
3 301 (8.92%) Spring
4 292 (8.66%) Kafka
5 282 (8.36%) CSS
6 280 (8.30%) HTML
7 261 (7.74%) Web Services
8 254 (7.53%) Node.js
9 221 (6.55%) .NET
10 179 (5.31%) REST
11 174 (5.16%) gRPC
12 172 (5.10%) Spring Boot
13 157 (4.65%) RESTful
14 151 (4.48%) HTML5
15 114 (3.38%) Redux
16 104 (3.08%) Middleware
17 98 (2.91%) XML
18 96 (2.85%) JSON
19 95 (2.82%) RabbitMQ
20 93 (2.76%) Twitter Bootstrap
Miscellaneous
1 199 (5.90%) Hedge funds
2 195 (5.78%) Fixed Income
3 193 (5.72%) User Experience
4 191 (5.66%) Foreign Exchange (FX)
5 179 (5.31%) Derivative
6 151 (4.48%) Equities
6 151 (4.48%) Greenfield Project
7 145 (4.30%) Self-Motivation
8 131 (3.88%) Mobile App
9 127 (3.77%) Cloud Native
10 78 (2.31%) Public Cloud
11 75 (2.22%) SWIFT
12 69 (2.05%) Pricing Data
13 68 (2.02%) Mobile Banking
14 65 (1.93%) Data Centre
14 65 (1.93%) Virtual Team
15 63 (1.87%) Management Information System
15 63 (1.87%) Market Risk
15 63 (1.87%) Online Banking
16 61 (1.81%) Enterprise Software
Operating Systems
1 373 (11.06%) Linux
2 221 (6.55%) Windows
3 214 (6.34%) Unix
4 67 (1.99%) Android
5 61 (1.81%) Apple iOS
5 61 (1.81%) Windows Server
6 42 (1.25%) Windows 10
7 33 (0.98%) Red Hat Enterprise Linux
8 29 (0.86%) Solaris
9 28 (0.83%) Windows Server 2016
10 20 (0.59%) Windows Server 2012
11 14 (0.42%) Windows 7
11 14 (0.42%) Windows Server 2008
12 13 (0.39%) CentOS
12 13 (0.39%) Ubuntu
13 8 (0.24%) Mac OS
14 7 (0.21%) zOS
15 5 (0.15%) Oracle Linux
16 4 (0.12%) Windows Server 2019
16 4 (0.12%) Windows XP
Processes & Methodologies
1 1,429 (42.37%) Agile Software Development
2 692 (20.52%) Fintech
3 638 (18.91%) Microservices
4 620 (18.38%) DevOps
5 513 (15.21%) Software Engineering
6 349 (10.35%) Scrum
6 349 (10.35%) TDD
7 348 (10.32%) Problem-Solving
8 321 (9.52%) Analytics
9 317 (9.40%) Asset Management
10 313 (9.28%) Test Automation
11 255 (7.56%) Stakeholder Management
12 237 (7.03%) OO
13 235 (6.97%) Machine Learning
14 223 (6.61%) Computer Science
15 204 (6.05%) SDLC
16 200 (5.93%) BDD
16 200 (5.93%) Project Management
17 197 (5.84%) Risk Management
18 192 (5.69%) Project Delivery
Programming Languages
1 1,063 (31.51%) Java
2 699 (20.72%) SQL
3 687 (20.37%) Python
4 519 (15.39%) JavaScript
5 260 (7.71%) C#
6 167 (4.95%) TypeScript
7 157 (4.65%) Java 8
8 121 (3.59%) C++
9 116 (3.44%) Shell Script
10 96 (2.85%) Bash Shell
11 90 (2.67%) PowerShell
12 88 (2.61%) C
13 87 (2.58%) Scala
14 78 (2.31%) Go
15 76 (2.25%) Kotlin
16 69 (2.05%) R
17 64 (1.90%) Perl
18 63 (1.87%) Groovy
19 61 (1.81%) Ruby
20 45 (1.33%) ES6
Qualifications
1 381 (11.30%) Degree
2 82 (2.43%) Computer Science Degree
3 53 (1.57%) CISSP
4 45 (1.33%) Cisco Certification
5 42 (1.25%) OCP
5 42 (1.25%) Oracle Certification
6 35 (1.04%) CISM
7 28 (0.83%) CCNP
8 24 (0.71%) ITIL Foundation Certificate
9 23 (0.68%) CISA
10 19 (0.56%) PMI Certification
11 17 (0.50%) Microsoft Certification
12 15 (0.44%) PhD
12 15 (0.44%) TOGAF Certification
13 14 (0.42%) APMG
13 14 (0.42%) CCNA
13 14 (0.42%) Security Cleared
14 13 (0.39%) ACCA
14 13 (0.39%) CRISC
14 13 (0.39%) Master's Degree
Quality Assurance & Compliance
1 149 (4.42%) QA
2 44 (1.30%) GDPR
3 42 (1.25%) PMO
4 40 (1.19%) MiFID
5 36 (1.07%) SLA
6 32 (0.95%) Data Quality
6 32 (0.95%) ISO/IEC 27001
7 29 (0.86%) EMIR
8 28 (0.83%) NIST
9 27 (0.80%) PSD2
10 20 (0.59%) COBIT
11 16 (0.47%) GRC
11 16 (0.47%) PCI DSS
12 12 (0.36%) Dodd-Frank
12 12 (0.36%) SEPA
13 11 (0.33%) ISO 20022
14 7 (0.21%) Basel III
14 7 (0.21%) ISO 8583
15 5 (0.15%) COREP
15 5 (0.15%) IFRS
System Software
1 418 (12.39%) Docker
2 108 (3.20%) Active Directory
3 93 (2.76%) VMware Infrastructure
4 37 (1.10%) HDFS
5 32 (0.95%) Virtual Machines
6 30 (0.89%) Virtual Servers
7 18 (0.53%) Microsoft Virtual Server
8 15 (0.44%) VMware NSX
9 13 (0.39%) Hyper-V
10 10 (0.30%) VMware ESXi
11 9 (0.27%) Time Sharing Option
12 8 (0.24%) Apache Flume
12 8 (0.24%) RACF
13 6 (0.18%) DFS Replication
14 5 (0.15%) OpenAM
14 5 (0.15%) XenDesktop
15 4 (0.12%) Apache ZooKeeper
15 4 (0.12%) vSphere
16 3 (0.089%) OpenDJ
16 3 (0.089%) Veritas Cluster Server
Systems Management
1 496 (14.71%) Kubernetes
2 214 (6.34%) Ansible
3 208 (6.17%) Terraform
4 69 (2.05%) Opscode Chef
5 60 (1.78%) Puppet
6 35 (1.04%) SCCM
7 34 (1.01%) Prometheus
8 24 (0.71%) Istio
9 20 (0.59%) vCenter Server
10 17 (0.50%) SCOM
11 16 (0.47%) Fortio
11 16 (0.47%) Kiali
12 15 (0.44%) Grafana
13 12 (0.36%) Microsoft Intune
13 12 (0.36%) Single Sign-On
14 11 (0.33%) Jamf Pro
15 10 (0.30%) AirWatch
15 10 (0.30%) ITRS Geneos
15 10 (0.30%) Kibana
16 9 (0.27%) Cisco CUCM
Vendors
1 292 (8.66%) Microsoft
2 215 (6.37%) Oracle
3 202 (5.99%) Google
4 124 (3.68%) VMware
5 102 (3.02%) Cisco
6 89 (2.64%) Sybase
7 64 (1.90%) IBM
8 52 (1.54%) SAP
9 44 (1.30%) Murex
9 44 (1.30%) Red Hat
10 42 (1.25%) Okta
11 39 (1.16%) Citrix
12 38 (1.13%) Bloomberg
13 35 (1.04%) Splunk
14 33 (0.98%) Salesforce.com
15 31 (0.92%) Apple
16 23 (0.68%) Atlassian
16 23 (0.68%) Reuters
16 23 (0.68%) ServiceNow
17 22 (0.65%) Solace