Banking
UK

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 2 December 2023 with a comparison to the same period over the previous 2 years.

6 months to
2 Dec 2023
Same period 2022 Same period 2021
Rank 36 39 81
Rank change year-on-year +3 +42 -4
Permanent jobs citing Banking 3,506 8,256 5,191
As % of all permanent jobs advertised in the UK 6.57% 6.59% 4.01%
As % of the General category 9.99% 9.59% 6.70%
Number of salaries quoted 2,605 5,214 3,244
10th Percentile £46,306 £45,000 £41,250
25th Percentile £58,664 £56,219 £55,000
Median annual salary (50th Percentile) £75,000 £75,000 £75,000
75th Percentile £96,539 £97,290 £97,500
90th Percentile £123,937 £119,168 £118,750
UK excluding London median annual salary £70,576 £63,956 £55,000
% change year-on-year +10.35% +16.28% +0.92%

All General Skills
UK

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.

Permanent vacancies with a requirement for common skills 35,097 86,059 77,509
As % of all permanent jobs advertised in the UK 65.77% 68.66% 59.93%
Number of salaries quoted 24,595 48,938 48,014
10th Percentile £30,625 £32,500 £31,500
25th Percentile £42,500 £45,000 £42,250
Median annual salary (50th Percentile) £60,000 £60,000 £57,500
Median % change year-on-year - +4.35% +4.55%
75th Percentile £80,000 £82,500 £78,750
90th Percentile £100,000 £100,000 £97,500
UK excluding London median annual salary £50,000 £52,500 £49,500
% change year-on-year -4.76% +6.06% +4.21%

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 2 December 2023.

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 2 December 2023. 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 2,932 £75,669 +0.89% 1,015
UK excluding London +37 1,762 £70,576 +10.35% 340
Work from Home +7 1,651 £72,500 +2.50% 848
London -4 1,639 £85,000 +6.25% 773
North of England +36 677 £70,576 +10.22% 94
Scotland +6 411 £70,576 +5.20% 51
Yorkshire +19 352 £70,576 +4.56% 38
South West +47 350 £70,576 +12.92% 38
North West +57 324 £69,447 +16.67% 51
Midlands +88 110 £59,556 +0.09% 26
South East -16 91 £60,000 - 91
West Midlands +68 74 £59,556 +0.09% 16
Wales +15 57 £51,528 -12.08% 7
East of England +111 44 £30,450 -52.24% 14
East Midlands +51 36 £55,000 -8.33% 10
Northern Ireland +33 22 £70,000 +16.67% 23
North East +41 1 £27,950 -57.16% 5

Banking
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 154 (4.39%) Apache
2 123 (3.51%) Confluence
3 93 (2.65%) Apache Airflow
3 93 (2.65%) Apache Spark
4 89 (2.54%) SAS
5 54 (1.54%) SharePoint
6 40 (1.14%) Tomcat
7 39 (1.11%) WebSphere
8 22 (0.63%) Captiva
8 22 (0.63%) FileNet
9 18 (0.51%) Jetty
10 17 (0.48%) IIS
11 13 (0.37%) MS Exchange
12 11 (0.31%) WebSphere Application Server
13 8 (0.23%) Jupyter
14 6 (0.17%) Camunda
14 6 (0.17%) IBM HTTP Server
15 4 (0.11%) Adobe Experience Manager
15 4 (0.11%) CMS
15 4 (0.11%) Oracle HTTP Server
Applications
1 209 (5.96%) Microsoft Excel
2 192 (5.48%) Microsoft Office
3 157 (4.48%) Microsoft PowerPoint
4 10 (0.29%) MS Visio
5 8 (0.23%) Microsoft Project
6 7 (0.20%) Chatbot
7 3 (0.086%) Adobe XD
7 3 (0.086%) InVision
7 3 (0.086%) Sketch
7 3 (0.086%) Spreadsheet
8 2 (0.057%) EViews
8 2 (0.057%) SPSS
Business Applications
1 18 (0.51%) Fidessa
2 15 (0.43%) Dynamics CRM
3 14 (0.40%) Cloudability
4 13 (0.37%) Adaptiv
5 7 (0.20%) Temenos T24
6 6 (0.17%) Oracle Cash Management
7 4 (0.11%) Elite 3E
7 4 (0.11%) SAP S/4HANA
8 3 (0.086%) Oracle ERP
8 3 (0.086%) Oracle FAH
8 3 (0.086%) SAP GRC
9 2 (0.057%) Carpe Diem
9 2 (0.057%) Misys Equation
9 2 (0.057%) Misys Midas
9 2 (0.057%) Oracle Applications
9 2 (0.057%) Oracle EBS
9 2 (0.057%) Oracle Financials
9 2 (0.057%) Salesforce CRM
9 2 (0.057%) SAP FI-GL
10 1 (0.029%) Sparx Enterprise Architect
Cloud Services
1 701 (19.99%) GCP
2 625 (17.83%) Azure
3 493 (14.06%) AWS
4 259 (7.39%) GitHub
5 228 (6.50%) PaaS
6 210 (5.99%) Power Platform
7 195 (5.56%) SaaS
8 144 (4.11%) Microsoft 365
9 141 (4.02%) IaaS
10 105 (2.99%) GitHub Actions
11 102 (2.91%) Azure DevOps
12 59 (1.68%) Vertex AI
13 58 (1.65%) OpenShift
14 55 (1.57%) dbt
15 32 (0.91%) Entra ID
16 31 (0.88%) AWS CloudFormation
17 29 (0.83%) Google Kubernetes Engine
18 22 (0.63%) Serverless
19 21 (0.60%) Azure API Management
19 21 (0.60%) Azure Sentinel
Communications & Networking
1 120 (3.42%) Firewall
2 75 (2.14%) DNS
3 67 (1.91%) Internet
4 50 (1.43%) DHCP
5 47 (1.34%) TCP/IP
6 41 (1.17%) VPN
7 28 (0.80%) F5 BIG-IP GTM
7 28 (0.80%) F5 BIG-IP LTM
8 25 (0.71%) Network Security
9 23 (0.66%) LAN
10 19 (0.54%) Intranet
10 19 (0.54%) Wi-Fi
11 18 (0.51%) HTTP
11 18 (0.51%) WAN
12 17 (0.48%) FIX Connectivity
13 14 (0.40%) SSL
14 13 (0.37%) SAN
14 13 (0.37%) Wireless
15 9 (0.26%) SMS
16 7 (0.20%) Unified Communications
Database & Business Intelligence
1 215 (6.13%) Data Warehouse
2 199 (5.68%) NoSQL
3 194 (5.53%) Power BI
4 173 (4.93%) Data Lake
5 149 (4.25%) SQL Server
6 125 (3.57%) PostgreSQL
7 117 (3.34%) Big Data
8 105 (2.99%) MySQL
9 97 (2.77%) Tableau
10 96 (2.74%) BigQuery
11 78 (2.22%) Apache Ignite
11 78 (2.22%) Relational Database
12 60 (1.71%) MongoDB
13 58 (1.65%) SQL Server Integration Services
14 55 (1.57%) SQL Server Reporting Services
15 54 (1.54%) Apache Arrow
15 54 (1.54%) Dremio
16 52 (1.48%) Amazon Athena
17 48 (1.37%) Bigtable
17 48 (1.37%) Looker
Development Applications
1 300 (8.56%) Jenkins
2 261 (7.44%) Git
3 200 (5.70%) JIRA
4 70 (2.00%) Maven
5 64 (1.83%) Spinnaker
6 61 (1.74%) Oracle Forms
7 58 (1.65%) Sonatype Nexus
8 55 (1.57%) SonarQube
9 54 (1.54%) IBM UrbanCode
10 52 (1.48%) Cucumber
11 49 (1.40%) Selenium
12 48 (1.37%) GitLab
13 44 (1.25%) Cypress.io
14 28 (0.80%) JUnit
15 16 (0.46%) Bitbucket
15 16 (0.46%) Mocha
16 15 (0.43%) TeamCity
17 14 (0.40%) Artifactory
17 14 (0.40%) Gradle
18 13 (0.37%) Zephyr
General
1 3,039 (86.68%) Finance
2 945 (26.95%) Social Skills
3 525 (14.97%) Investment Banking
4 454 (12.95%) Retail
5 416 (11.87%) Analytical Skills
6 248 (7.07%) Front Office
7 210 (5.99%) Games
8 184 (5.25%) Inclusion and Diversity
9 130 (3.71%) Retail Banking
10 118 (3.37%) Marketing
11 111 (3.17%) Legal
12 109 (3.11%) Influencing Skills
12 109 (3.11%) Presentation Skills
13 83 (2.37%) Telecoms
14 74 (2.11%) Financial Institution
14 74 (2.11%) Law
15 61 (1.74%) Private Banking
16 51 (1.45%) Back Office
17 38 (1.08%) French Language
18 35 (1.00%) Organisational Skills
Job Titles
1 666 (19.00%) Architect
2 596 (17.00%) Analyst
3 409 (11.67%) Senior
4 405 (11.55%) Developer
5 346 (9.87%) Software Engineer
6 290 (8.27%) Lead
7 227 (6.47%) Security Architect
8 207 (5.90%) Solutions Architect
9 191 (5.45%) DevOps Engineer
10 173 (4.93%) Enterprise Architect
11 125 (3.57%) Java Developer
12 121 (3.45%) Cloud Engineer
13 117 (3.34%) Business Strategy Analyst
13 117 (3.34%) Strategy Analyst
14 106 (3.02%) Banking Analyst
15 105 (2.99%) AWS Engineer
16 97 (2.77%) Senior Analyst
17 91 (2.60%) Data Engineer
17 91 (2.60%) Developer/Software Engineer
18 90 (2.57%) Support Engineer
Libraries, Frameworks & Software Standards
1 230 (6.56%) Kafka
2 196 (5.59%) React
3 171 (4.88%) .NET
4 169 (4.82%) HTML
5 151 (4.31%) Spring
6 138 (3.94%) Spring Boot
7 134 (3.82%) RESTful
8 125 (3.57%) Node.js
9 123 (3.51%) OpenID
9 123 (3.51%) Web Services
10 119 (3.39%) AngularJS
11 118 (3.37%) CSS
12 114 (3.25%) REST
13 76 (2.17%) gRPC
14 73 (2.08%) JSON
15 69 (1.97%) Middleware
16 65 (1.85%) Pandas
17 62 (1.77%) Protocol Buffers
18 55 (1.57%) NumPy
18 55 (1.57%) XML
Miscellaneous
1 316 (9.01%) Public Cloud
2 236 (6.73%) Product Ownership
3 168 (4.79%) Self-Motivation
4 147 (4.19%) Cloud Native
5 142 (4.05%) Mainframe
6 131 (3.74%) Blockchain
7 111 (3.17%) Credit Risk
8 82 (2.34%) Derivative
9 79 (2.25%) Private Cloud
10 78 (2.22%) Fixed Income
11 75 (2.14%) Data Centre
12 68 (1.94%) Equities
13 65 (1.85%) Foreign Exchange (FX)
14 64 (1.83%) Onboarding
15 62 (1.77%) Robotics
16 59 (1.68%) Data Structures
17 57 (1.63%) Hedge funds
18 55 (1.57%) Greenfield Project
19 50 (1.43%) Management Information System
19 50 (1.43%) Online Banking
Operating Systems
1 230 (6.56%) Linux
2 226 (6.45%) Unix
3 204 (5.82%) Windows
4 61 (1.74%) Windows Server
5 59 (1.68%) Windows 10
6 56 (1.60%) Android
7 48 (1.37%) Apple iOS
8 45 (1.28%) Red Hat Enterprise Linux
9 29 (0.83%) Solaris
10 24 (0.68%) Ubuntu
11 22 (0.63%) zOS
12 20 (0.57%) AIX
13 16 (0.46%) CentOS
14 15 (0.43%) Windows Server 2016
15 13 (0.37%) HPUX
16 9 (0.26%) Debian
17 7 (0.20%) CoreOS
18 5 (0.14%) Data ONTAP
19 4 (0.11%) Windows Server 2019
20 3 (0.086%) Windows 7
Processes & Methodologies
1 1,906 (54.36%) Agile
2 650 (18.54%) DevOps
3 597 (17.03%) Analytics
4 574 (16.37%) Asset Management
5 541 (15.43%) Software Engineering
6 509 (14.52%) Problem-Solving
7 447 (12.75%) Roadmaps
8 446 (12.72%) Cybersecurity
9 445 (12.69%) CI/CD
10 421 (12.01%) Microservices
11 372 (10.61%) Containerisation
12 357 (10.18%) Mentoring
13 337 (9.61%) Machine Learning
14 323 (9.21%) Coaching
15 316 (9.01%) Artificial Intelligence
16 261 (7.44%) Risk Management
17 255 (7.27%) Actionable Insight
18 247 (7.05%) Identity Access Management
19 243 (6.93%) Infrastructure as Code
20 234 (6.67%) SDLC
Programming Languages
1 657 (18.74%) Python
2 629 (17.94%) SQL
3 602 (17.17%) Java
4 313 (8.93%) JavaScript
5 191 (5.45%) C#
6 163 (4.65%) PowerShell
7 150 (4.28%) TypeScript
8 114 (3.25%) Bash
9 83 (2.37%) Go
10 59 (1.68%) Scala
11 57 (1.63%) R
12 55 (1.57%) T-SQL
13 50 (1.43%) Groovy
14 47 (1.34%) Ruby
15 31 (0.88%) C++
16 30 (0.86%) Perl
17 26 (0.74%) PL/SQL
18 21 (0.60%) VBA
19 20 (0.57%) C
20 19 (0.54%) Data Analysis Expressions
Qualifications
1 286 (8.16%) Degree
2 212 (6.05%) Security Cleared
3 47 (1.34%) Master's Degree
4 46 (1.31%) Computer Science Degree
5 41 (1.17%) AWS Certification
6 35 (1.00%) Azure Certification
7 27 (0.77%) Oracle Certification
8 25 (0.71%) OCP
9 24 (0.68%) Cisco Certification
10 21 (0.60%) PMI Certification
11 20 (0.57%) CCNP
12 19 (0.54%) CFA
13 17 (0.48%) CISMP
14 15 (0.43%) ACCA
14 15 (0.43%) Microsoft Certification
15 13 (0.37%) CCIE
16 12 (0.34%) CISSP
17 10 (0.29%) CISM
18 9 (0.26%) TOGAF Certification
19 8 (0.23%) PMP
Quality Assurance & Compliance
1 86 (2.45%) Data Quality
2 73 (2.08%) SLA
3 65 (1.85%) QA
4 47 (1.34%) GDPR
5 39 (1.11%) IFRS
6 33 (0.94%) Actionable Recommendations
7 29 (0.83%) SEPA
8 28 (0.80%) IFRS 9
9 25 (0.71%) GRC
9 25 (0.71%) PMO
10 24 (0.68%) Accessibility
11 22 (0.63%) ISO/IEC 27001
12 21 (0.60%) GAAP
13 17 (0.48%) ISO 20022
13 17 (0.48%) NIST
14 15 (0.43%) CRD IV
15 13 (0.37%) MiFID
16 11 (0.31%) Cyber Essentials
17 7 (0.20%) Basel III
18 6 (0.17%) COBIT
System Software
1 303 (8.64%) Docker
2 250 (7.13%) Virtual Machines
3 118 (3.37%) Active Directory
4 25 (0.71%) VMware Infrastructure
5 13 (0.37%) vSphere
6 9 (0.26%) VMware ESXi
7 7 (0.20%) BitLocker
8 6 (0.17%) Virtual Desktop
9 4 (0.11%) Hyper-V
9 4 (0.11%) Oracle RAC
10 3 (0.086%) Apache Flume
10 3 (0.086%) Virtual Servers
10 3 (0.086%) VMware NSX
11 2 (0.057%) DFS Replication
11 2 (0.057%) HDFS
12 1 (0.029%) Apache ZooKeeper
12 1 (0.029%) Ceph
12 1 (0.029%) GPFS
12 1 (0.029%) Microsoft App-V
12 1 (0.029%) OpenAM
Systems Management
1 462 (13.18%) Kubernetes
2 303 (8.64%) Terraform
3 77 (2.20%) Ansible
4 60 (1.71%) Istio
5 41 (1.17%) Rancher
6 37 (1.06%) SCCM
7 35 (1.00%) Argo
8 32 (0.91%) Puppet
9 28 (0.80%) Prometheus
10 21 (0.60%) Single Sign-On
11 20 (0.57%) Active Directory Federation Services
11 20 (0.57%) Microsoft Intune
12 18 (0.51%) Control-M
13 16 (0.46%) Grafana
14 15 (0.43%) Progress Chef
15 14 (0.40%) Kibana
15 14 (0.40%) Oracle Enterprise Manager
16 13 (0.37%) Nagios
16 13 (0.37%) Red Hat Satellite
16 13 (0.37%) SafeCom
Vendors
1 367 (10.47%) Microsoft
2 325 (9.27%) Google
3 162 (4.62%) Oracle
4 109 (3.11%) IBM
5 105 (2.99%) ServiceNow
6 78 (2.22%) Cisco
7 67 (1.91%) Splunk
8 52 (1.48%) Bloomberg
9 48 (1.37%) VMware
10 45 (1.28%) Red Hat
11 43 (1.23%) Teradata
12 42 (1.20%) Fortinet
13 40 (1.14%) SAP
14 38 (1.08%) CheckPoint
15 35 (1.00%) F5
16 33 (0.94%) Dynatrace
17 29 (0.83%) Atlassian
18 28 (0.80%) Salesforce
19 27 (0.77%) Veracode
20 26 (0.74%) Sun