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 24 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
24 May 2024
Same period 2023 Same period 2022
Rank 65 37 62
Rank change year-on-year -28 +25 +23
Permanent jobs citing Banking 3,707 6,751 8,942
As % of all permanent jobs advertised in the UK 3.66% 6.88% 5.45%
As % of the General category 6.19% 10.10% 8.41%
Number of salaries quoted 2,212 4,193 4,200
10th Percentile £47,500 £46,350 £41,250
25th Percentile £63,353 £56,219 £55,000
Median annual salary (50th Percentile) £85,000 £75,000 £72,500
Median % change year-on-year +13.33% +3.45% -3.33%
75th Percentile £115,000 £100,000 £95,000
90th Percentile £142,500 £130,000 £111,250
UK excluding London median annual salary £70,000 £64,691 £59,526
% change year-on-year +8.21% +8.68% +3.52%

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 59,884 66,812 106,383
As % of all permanent jobs advertised in the UK 59.11% 68.13% 64.84%
Number of salaries quoted 39,833 36,174 51,471
10th Percentile £27,500 £32,500 £32,500
25th Percentile £36,250 £43,000 £42,500
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £72,433 £81,250 £80,000
90th Percentile £92,500 £102,500 £97,500
UK excluding London median annual salary £47,500 £52,500 £50,000
% change year-on-year -9.52% +5.00% +5.26%

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 24 May 2024.

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 24 May 2024. 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 -30 2,963 £85,000 +13.33% 823
London -4 1,887 £92,500 +8.82% 643
UK excluding London -53 1,739 £70,000 +8.21% 352
Work from Home -49 1,320 £85,000 +21.43% 360
Scotland -27 645 £71,991 +3.66% 42
North of England -71 402 £70,000 +16.18% 55
South West -28 382 £70,576 +8.58% 29
Yorkshire -44 179 £70,576 +14.76% 15
North West -84 173 £69,447 +16.67% 36
South East -54 126 £60,000 -7.69% 177
Midlands -74 120 £55,000 -2.65% 30
West Midlands -50 69 £55,000 -1.79% 18
North East +30 50 £58,500 +112.73% 4
East Midlands -32 50 £70,000 +16.67% 12
East of England -36 38 £50,000 -23.08% 10
Wales -30 28 £69,038 +25.79% 6
Northern Ireland -2 8 £82,500 +47.98% 4

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
1 388 (10.47%) Apache
2 377 (10.17%) Apache Airflow
3 112 (3.02%) SharePoint
4 96 (2.59%) Confluence
5 80 (2.16%) SAS
6 76 (2.05%) Microsoft Exchange
7 67 (1.81%) Apache Spark
8 22 (0.59%) GemFire
9 20 (0.54%) WebSphere
10 17 (0.46%) Cloud Foundry
11 15 (0.40%) Captiva
11 15 (0.40%) FileNet
12 10 (0.27%) IIS
13 9 (0.24%) Tomcat
14 7 (0.19%) JBoss
15 6 (0.16%) nginx
16 4 (0.11%) CMS
16 4 (0.11%) WebLogic
17 2 (0.054%) JCAPS
17 2 (0.054%) WebSphere Application Server
Applications
1 233 (6.29%) Microsoft Excel
2 155 (4.18%) Microsoft Office
3 130 (3.51%) Microsoft PowerPoint
4 22 (0.59%) MS Visio
5 8 (0.22%) Spreadsheet
6 6 (0.16%) UserZoom
7 3 (0.081%) Adobe XD
7 3 (0.081%) InVision
7 3 (0.081%) Microsoft Project
7 3 (0.081%) Sketch
8 1 (0.027%) Adobe Illustrator
8 1 (0.027%) Camtasia
8 1 (0.027%) Photoshop
Business Applications
1 17 (0.46%) Fidessa
2 14 (0.38%) Aladdin
2 14 (0.38%) SAP BPC
2 14 (0.38%) SAP S/4HANA
3 13 (0.35%) NetSuite
3 13 (0.35%) Temenos T24
4 11 (0.30%) Payment Gateway
4 11 (0.30%) SAP FI
5 10 (0.27%) SAP CO
5 10 (0.27%) SAP FI/CO
5 10 (0.27%) Teamcenter
6 8 (0.22%) Dynamics CRM
7 6 (0.16%) ION Anvil
7 6 (0.16%) ION MarketView
8 5 (0.13%) FLEXCUBE
8 5 (0.13%) Oracle Cash Management
9 4 (0.11%) Adaptiv
9 4 (0.11%) Finacle
10 2 (0.054%) IBM Planning Analytics
10 2 (0.054%) Maximo
Cloud Services
1 981 (26.46%) AWS
2 566 (15.27%) GCP
3 477 (12.87%) Azure
4 278 (7.50%) dbt
5 253 (6.82%) Snowflake
6 147 (3.97%) Power Platform
7 100 (2.70%) GitHub
8 78 (2.10%) Microsoft 365
9 75 (2.02%) Entra ID
10 70 (1.89%) SaaS
11 46 (1.24%) PaaS
12 45 (1.21%) OpenShift
13 38 (1.03%) Azure DevOps
14 34 (0.92%) Cloud Computing
15 32 (0.86%) Dynamics 365
16 29 (0.78%) Serverless
17 26 (0.70%) Power Automate
18 25 (0.67%) Google Play
19 21 (0.57%) BlazeMeter
19 21 (0.57%) Collibra
Communications & Networking
1 66 (1.78%) Firewall
2 45 (1.21%) DNS
3 39 (1.05%) DHCP
4 36 (0.97%) TCP/IP
5 25 (0.67%) WAN
6 24 (0.65%) Internet
7 21 (0.57%) LAN
7 21 (0.57%) VPN
8 20 (0.54%) Wireless
9 18 (0.49%) DSL
10 17 (0.46%) FIX Connectivity
11 15 (0.40%) VLAN
12 11 (0.30%) Structured Cabling
13 10 (0.27%) SMS
14 9 (0.24%) Extranet
14 9 (0.24%) Unified Communications
15 8 (0.22%) Network Security
15 8 (0.22%) SMTP
16 7 (0.19%) VoIP
17 6 (0.16%) SNMP
Database & Business Intelligence
1 356 (9.60%) Apache Ignite
2 327 (8.82%) Data Lake
3 278 (7.50%) Dremio
4 275 (7.42%) Apache Arrow
5 273 (7.36%) Amazon Athena
6 141 (3.80%) SQL Server
7 131 (3.53%) Power BI
8 122 (3.29%) Data Warehouse
9 118 (3.18%) PostgreSQL
10 117 (3.16%) Big Data
11 89 (2.40%) NoSQL
12 72 (1.94%) MongoDB
12 72 (1.94%) Tableau
13 54 (1.46%) Metadata
14 50 (1.35%) Relational Database
15 47 (1.27%) Apache Cassandra
16 46 (1.24%) BigQuery
17 33 (0.89%) Hadoop
18 32 (0.86%) MySQL
19 31 (0.84%) DB2
Development Applications
1 219 (5.91%) JIRA
2 141 (3.80%) Cypress.io
3 129 (3.48%) Git
4 116 (3.13%) JUnit
5 113 (3.05%) Jenkins
6 85 (2.29%) Selenium
7 78 (2.10%) Jasmine
8 75 (2.02%) Karma Test Runner
9 65 (1.75%) WebDriver
10 60 (1.62%) Protractor
11 55 (1.48%) Maven
12 38 (1.03%) Cucumber
13 33 (0.89%) Oracle Forms
14 29 (0.78%) IBM UrbanCode
15 27 (0.73%) GitLab
15 27 (0.73%) TeamCity
16 25 (0.67%) Android Studio
17 21 (0.57%) Jaeger
18 16 (0.43%) CircleCI
19 15 (0.40%) Visual Studio Code
General
1 2,967 (80.04%) Finance
2 1,182 (31.89%) Investment Banking
3 912 (24.60%) Inclusion and Diversity
4 829 (22.36%) Law
5 772 (20.83%) Social Skills
6 624 (16.83%) Front Office
7 406 (10.95%) Analytical Skills
8 370 (9.98%) Legal
9 221 (5.96%) Financial Institution
10 197 (5.31%) Marketing
11 186 (5.02%) Retail
12 180 (4.86%) Retail Banking
13 141 (3.80%) Presentation Skills
14 115 (3.10%) Private Banking
15 85 (2.29%) Back Office
16 68 (1.83%) Publishing
17 45 (1.21%) Organisational Skills
18 41 (1.11%) Games
19 35 (0.94%) Influencing Skills
20 33 (0.89%) French Language
Job Titles
1 759 (20.47%) Senior
2 735 (19.83%) Software Engineer
3 662 (17.86%) Analyst
4 545 (14.70%) Developer
5 522 (14.08%) Lead
6 367 (9.90%) Java Engineer
7 353 (9.52%) Architect
8 340 (9.17%) Java Software Engineer
9 254 (6.85%) Python Engineer
10 245 (6.61%) Python Software Engineer
11 187 (5.04%) Developer/Software Engineer
12 185 (4.99%) Lead Software Engineer
13 180 (4.86%) Senior Analyst
14 154 (4.15%) Java Developer
15 146 (3.94%) AWS Engineer
15 146 (3.94%) Python Developer
16 145 (3.91%) Solutions Architect
17 137 (3.70%) AWS Software Engineer
18 132 (3.56%) Lead Java Engineer
19 119 (3.21%) React Developer
Libraries, Frameworks & Software Standards
1 366 (9.87%) gRPC
2 363 (9.79%) Protocol Buffers
3 358 (9.66%) React
4 324 (8.74%) Spring
5 278 (7.50%) Pandas
6 258 (6.96%) NumPy
6 258 (6.96%) SciPy
7 226 (6.10%) Spring Boot
8 220 (5.93%) Kafka
9 197 (5.31%) AngularJS
9 197 (5.31%) HTML
10 193 (5.21%) CSS
11 136 (3.67%) .NET
12 131 (3.53%) Redux
13 103 (2.78%) Material-UI
14 101 (2.72%) RESTful
15 100 (2.70%) jQuery
16 94 (2.54%) JSON
17 90 (2.43%) Node.js
18 85 (2.29%) REST
Miscellaneous
1 460 (12.41%) Hedge funds
2 449 (12.11%) Fixed Income
3 379 (10.22%) Derivative
4 359 (9.68%) Foreign Exchange (FX)
5 354 (9.55%) Equities
6 286 (7.72%) Cloud Native
7 170 (4.59%) Public Cloud
8 155 (4.18%) Algorithms
9 154 (4.15%) Product Ownership
10 129 (3.48%) Management Information System
11 121 (3.26%) Self-Motivation
12 119 (3.21%) Data Structures
13 100 (2.70%) Credit Risk
14 74 (2.00%) Onboarding
15 70 (1.89%) Data Centre
16 60 (1.62%) Private Cloud
17 49 (1.32%) Mobile App
18 42 (1.13%) Distributed Systems
19 38 (1.03%) Blog
20 36 (0.97%) Pricing Data
Operating Systems
1 240 (6.47%) Windows
2 231 (6.23%) Linux
3 117 (3.16%) Unix
4 62 (1.67%) Android
5 55 (1.48%) Windows Server
6 36 (0.97%) Red Hat Enterprise Linux
7 33 (0.89%) Apple iOS
7 33 (0.89%) CentOS
8 32 (0.86%) Windows 10
9 26 (0.70%) zOS
10 25 (0.67%) Solaris
10 25 (0.67%) Ubuntu
11 11 (0.30%) AIX
12 5 (0.13%) Windows Server 2012
12 5 (0.13%) Windows Server 2016
12 5 (0.13%) Windows Server 2019
13 4 (0.11%) Oracle Linux
14 3 (0.081%) Mac OS
14 3 (0.081%) Windows XP
15 2 (0.054%) Mac OS X
Processes & Methodologies
1 1,688 (45.54%) Agile
2 1,008 (27.19%) Software Engineering
3 813 (21.93%) Asset Management
4 584 (15.75%) CI/CD
5 527 (14.22%) Machine Learning
6 525 (14.16%) Artificial Intelligence
7 503 (13.57%) Investment Management
8 488 (13.16%) SDLC
9 407 (10.98%) Problem-Solving
10 395 (10.66%) Analytics
11 375 (10.12%) Operational Stability
12 367 (9.90%) Coaching
13 354 (9.55%) Continuous Improvement
13 354 (9.55%) DevOps
14 293 (7.90%) Data Management
15 292 (7.88%) Full Stack Development
16 282 (7.61%) Microservices
17 268 (7.23%) Community of Practice
17 268 (7.23%) Fintech
17 268 (7.23%) Roadmaps
Programming Languages
1 970 (26.17%) Java
2 856 (23.09%) Python
3 697 (18.80%) SQL
4 590 (15.92%) JavaScript
5 495 (13.35%) TypeScript
6 210 (5.66%) C#
7 159 (4.29%) PowerShell
8 68 (1.83%) Kotlin
9 62 (1.67%) Bash
10 57 (1.54%) Groovy
11 55 (1.48%) Scala
12 54 (1.46%) T-SQL
13 42 (1.13%) Perl
14 40 (1.08%) Ruby
15 39 (1.05%) R
16 36 (0.97%) Go
17 29 (0.78%) Shell Script
18 26 (0.70%) C++
19 24 (0.65%) PL/SQL
20 18 (0.49%) PHP
Qualifications
1 364 (9.82%) Degree
2 57 (1.54%) Master's Degree
3 56 (1.51%) Computer Science Degree
4 43 (1.16%) ACCA
5 34 (0.92%) CISSP
6 32 (0.86%) AWS Certification
7 28 (0.76%) PMI Certification
7 28 (0.76%) Security Cleared
8 27 (0.73%) Azure Certification
9 19 (0.51%) PMP
10 17 (0.46%) CIMA
10 17 (0.46%) CISA
10 17 (0.46%) CISM
10 17 (0.46%) Microsoft Certification
11 16 (0.43%) MBA
12 12 (0.32%) Cisco Certification
13 10 (0.27%) MCP
14 9 (0.24%) GIAC
14 9 (0.24%) PhD
14 9 (0.24%) SC Cleared
Quality Assurance & Compliance
1 247 (6.66%) Data Quality
2 182 (4.91%) GDPR
3 96 (2.59%) SLA
4 73 (1.97%) QA
5 72 (1.94%) Accessibility
6 64 (1.73%) IFRS
6 64 (1.73%) IFRS 9
7 29 (0.78%) ISO/IEC 27001
8 21 (0.57%) NIST
9 15 (0.40%) PMO
9 15 (0.40%) WAI
10 13 (0.35%) SEPA
11 12 (0.32%) PSD2
12 11 (0.30%) PCI DSS
13 10 (0.27%) MiFID
14 9 (0.24%) CRD IV
15 7 (0.19%) Actionable Recommendations
15 7 (0.19%) GRC
16 6 (0.16%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
16 6 (0.16%) UCITS
System Software
1 140 (3.78%) Docker
2 134 (3.61%) Active Directory
3 50 (1.35%) RACF
4 41 (1.11%) VMware Infrastructure
5 21 (0.57%) Virtual Machines
6 16 (0.43%) XenApp
7 15 (0.40%) XenDesktop
8 11 (0.30%) HDFS
9 8 (0.22%) Virtual Desktop
9 8 (0.22%) vSphere
10 3 (0.081%) Hyper-V
10 3 (0.081%) KVM
10 3 (0.081%) VMware ESXi
10 3 (0.081%) VMware NSX
10 3 (0.081%) Xen
11 2 (0.054%) Apache ZooKeeper
11 2 (0.054%) NFS
12 1 (0.027%) Microsoft App-V
12 1 (0.027%) Microsoft Virtual Server
12 1 (0.027%) Oracle RAC
Systems Management
1 234 (6.31%) Kubernetes
2 144 (3.88%) Terraform
3 79 (2.13%) Ansible
4 68 (1.83%) Grafana
5 35 (0.94%) SCCM
6 33 (0.89%) Prometheus
7 27 (0.73%) Progress Chef
8 23 (0.62%) ITRS Geneos
8 23 (0.62%) Kibana
9 21 (0.57%) HAProxy
9 21 (0.57%) Zipkin
10 19 (0.51%) Puppet
11 18 (0.49%) Istio
12 15 (0.40%) Single Sign-On
13 13 (0.35%) Microsoft Intune
14 12 (0.32%) Graphite
15 10 (0.27%) Red Hat Satellite
16 8 (0.22%) Control-M
17 5 (0.13%) logstash
18 4 (0.11%) vRealize Orchestrator
Vendors
1 427 (11.52%) Microsoft
2 276 (7.45%) Google
3 204 (5.50%) Oracle
4 98 (2.64%) ServiceNow
5 83 (2.24%) IBM
6 77 (2.08%) Splunk
7 69 (1.86%) SAP
8 66 (1.78%) CyberArk
9 62 (1.67%) Red Hat
10 57 (1.54%) VMware
11 56 (1.51%) Citrix
12 54 (1.46%) Alteryx
13 52 (1.40%) Bloomberg
14 45 (1.21%) Databricks
15 44 (1.19%) Dynatrace
16 40 (1.08%) ION Trading
17 39 (1.05%) Salesforce
18 33 (0.89%) Cisco
19 26 (0.70%) CA
20 23 (0.62%) Pega