Period
to 21 September 2020

The median annual salary for a Financial Analyst was £72,500 in advertised job vacancies during the 6 months to 21 September 2020.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Finance Analyst
UK
6 months to
21 Sep 2020
Same period 2019 Same period 2018
Rank 459 593 575
Rank change year-on-year +134 -18 -134
Permanent jobs requiring a Financial Analyst 241 591 759
As % of all permanent jobs advertised in the UK 0.49% 0.42% 0.45%
As % of the Job Titles category 0.51% 0.44% 0.47%
Number of salaries quoted 217 503 698
Median annual salary £72,500 £47,500 £47,500
Median salary % change year-on-year +52.63% - -5.00%
10th Percentile £41,250 £26,250 £27,500
90th Percentile £112,500 £70,000 £76,250
UK excluding London median annual salary £46,375 £40,000 £42,500
% change year-on-year +15.94% -5.88% -

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 46,870 134,370 160,864
% of permanent IT jobs with a recognized job title 94.79% 95.77% 96.04%
Number of salaries quoted 38,255 106,946 129,649
Median annual salary £55,000 £50,000 £50,000
Median salary % change year-on-year +10.00% - +5.26%
10th Percentile £32,500 £28,000 £27,500
90th Percentile £90,000 £85,000 £82,500
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +5.88%

Financial Analyst
Job Vacancy Trend

Job postings that featured Financial Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Financial Analyst in the UK

Financial Analyst
Salary Trend

3-month moving average salary quoted in jobs citing Financial Analyst.

Salary trend for Financial Analyst in the UK

Financial Analyst
Salary Histogram

Salary distribution for jobs citing Financial Analyst over the 6 months to 21 September 2020.

Salary histogram for Financial Analyst in the UK

Financial Analyst
Top 14 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Financial Analyst within the UK over the 6 months to 21 September 2020. 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 +119 240 £72,500 +52.63% 13
London +153 209 £77,500 +47.62% 5
UK excluding London +106 32 £46,375 +15.94% 8
South East +91 17 £52,500 +10.53%
Work from Home +59 7 £45,000 +5.88% 2
Midlands +130 6 £47,500 +35.71% 2
West Midlands +103 5 £47,500 +39.71% 2
North of England +129 4 £44,000 +10.00% 2
Yorkshire +153 2 £38,000 -22.05%
South West +133 2 £37,913 +8.32% 4
East of England +129 2 £37,000 +5.71%
North West +113 2 £50,000 +81.82% 2
East Midlands +92 1 - -
Northern Ireland +22 1 £23,500 -32.86%

Financial Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 21 September 2020, Financial Analyst job roles required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Financial Analyst in the job title.

1 241 (100.00%) Finance
2 155 (64.32%) SQL
3 115 (47.72%) Asset Management
4 109 (45.23%) Python
5 106 (43.98%) Front Office
6 104 (43.15%) Fixed Income
7 103 (42.74%) Equities
7 103 (42.74%) Bloomberg
7 103 (42.74%) Hedge funds
8 101 (41.91%) Back Office
8 101 (41.91%) Reference Data
9 100 (41.49%) Eagle PACE
9 100 (41.49%) Markit EDM
10 79 (32.78%) R
11 76 (31.54%) AWS
12 74 (30.71%) Wealth Management
13 70 (29.05%) Enterprise Data Management
13 70 (29.05%) Data Management
13 70 (29.05%) PolarLake
13 70 (29.05%) Web Services
14 35 (14.52%) Derivative
14 35 (14.52%) Investment Management
15 30 (12.45%) Reuters
15 30 (12.45%) Microsoft
15 30 (12.45%) FactSet
16 26 (10.79%) Pandas
17 25 (10.37%) Agile Software Development
18 23 (9.54%) Stakeholder Management
18 23 (9.54%) Banking
18 23 (9.54%) Business Analysis

Financial Analyst Skill Set
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 5 (2.07%) SAS
2 3 (1.24%) Confluence
3 1 (0.41%) Appian
3 1 (0.41%) JBoss
3 1 (0.41%) MS Exchange
3 1 (0.41%) SharePoint
3 1 (0.41%) WebSphere
Applications
1 21 (8.71%) Microsoft Excel
2 11 (4.56%) Microsoft Office
3 6 (2.49%) Microsoft PowerPoint
4 2 (0.83%) MS Visio
5 1 (0.41%) Microsoft Project
Business Applications
1 100 (41.49%) Eagle PACE
1 100 (41.49%) Markit EDM
2 70 (29.05%) PolarLake
3 7 (2.90%) Oracle Financials
4 6 (2.49%) Oracle Applications
4 6 (2.49%) Oracle EBS
5 5 (2.07%) Oracle General Ledger
5 5 (2.07%) Oracle Payables
5 5 (2.07%) Oracle Receivables
6 4 (1.66%) Oracle Internet Expenses
7 3 (1.24%) Cognos TM1
8 2 (0.83%) Cognos Business Intelligence
8 2 (0.83%) Elite 3E
8 2 (0.83%) SAP Business One
9 1 (0.41%) Oracle Assets
9 1 (0.41%) Oracle EBS R12
9 1 (0.41%) Oracle Procure-to-Pay
9 1 (0.41%) Salerio
9 1 (0.41%) SAP BPC
9 1 (0.41%) SAP CO
Cloud Services
1 76 (31.54%) AWS
2 19 (7.88%) Power Platform
3 6 (2.49%) Azure
3 6 (2.49%) Office 365
4 5 (2.07%) SaaS
5 2 (0.83%) Dynamics 365
5 2 (0.83%) GCP
6 1 (0.41%) IaaS
6 1 (0.41%) PaaS
Communications & Networking
1 2 (0.83%) Intranet
2 1 (0.41%) Intrusion Detection
2 1 (0.41%) SAN
2 1 (0.41%) Skype
Database & Business Intelligence
1 19 (7.88%) Power BI
2 13 (5.39%) SQL Server
3 10 (4.15%) Data Warehouse
4 9 (3.73%) SQL Server Reporting Services
5 7 (2.90%) RDBMS
5 7 (2.90%) Relational Database
5 7 (2.90%) SQL Server Integration Services
6 6 (2.49%) SQL Server Analysis Services
7 2 (0.83%) Azure SQL Data Warehouse
7 2 (0.83%) DB2
8 1 (0.41%) BusinessObjects
8 1 (0.41%) Hadoop
8 1 (0.41%) MS Access
8 1 (0.41%) OLAP
8 1 (0.41%) PowerPivot
8 1 (0.41%) QlikView
Development Applications
1 4 (1.66%) JIRA
2 1 (0.41%) Git (software)
2 1 (0.41%) Subversion
General
1 241 (100.00%) Finance
2 106 (43.98%) Front Office
3 101 (41.91%) Back Office
4 23 (9.54%) Banking
5 7 (2.90%) Legal
6 6 (2.49%) Advertising
6 6 (2.49%) Investment Banking
7 5 (2.07%) General Ledger
7 5 (2.07%) Law
8 3 (1.24%) Retail
9 2 (0.83%) Retail Finance
9 2 (0.83%) Telecoms
10 1 (0.41%) Financial Institution
10 1 (0.41%) Japanese Language
10 1 (0.41%) Manufacturing
Libraries, Frameworks & Software Standards
1 70 (29.05%) Web Services
2 26 (10.79%) Pandas
3 6 (2.49%) SailPoint
4 4 (1.66%) Oracle Fusion
5 3 (1.24%) REST
6 2 (0.83%) .NET
6 2 (0.83%) FIX Protocol
6 2 (0.83%) JSON
7 1 (0.41%) Ajax
7 1 (0.41%) AngularJS
7 1 (0.41%) CSS
7 1 (0.41%) DHTML
7 1 (0.41%) HTML
7 1 (0.41%) JMS
7 1 (0.41%) jQuery
7 1 (0.41%) JSP
7 1 (0.41%) JSTL
7 1 (0.41%) Regular Expression
7 1 (0.41%) Servlets
7 1 (0.41%) WebSphere MQ
Miscellaneous
1 104 (43.15%) Fixed Income
2 103 (42.74%) Equities
2 103 (42.74%) Hedge funds
3 101 (41.91%) Reference Data
4 35 (14.52%) Derivative
5 12 (4.98%) Analytical Skills
6 5 (2.07%) Management Information System
7 4 (1.66%) Greenfield Project
7 4 (1.66%) Market Risk
8 3 (1.24%) OTC Derivatives
9 2 (0.83%) Client/Server
9 2 (0.83%) Credit Risk
9 2 (0.83%) Mainframe
9 2 (0.83%) Reinsurance
10 1 (0.41%) FMCG
10 1 (0.41%) Foreign Exchange (FX)
10 1 (0.41%) Public Cloud
10 1 (0.41%) Spread Betting
10 1 (0.41%) SWIFT
10 1 (0.41%) Virtual Team
Operating Systems
1 16 (6.64%) Windows
2 14 (5.81%) Linux
3 8 (3.32%) Windows Server
4 6 (2.49%) Unix
5 4 (1.66%) Windows 10
6 2 (0.83%) Mac OS X
6 2 (0.83%) Windows 7
6 2 (0.83%) Windows Server 2008
7 1 (0.41%) Android
7 1 (0.41%) Ubuntu
7 1 (0.41%) Windows Server 2012
7 1 (0.41%) Windows Server 2016
7 1 (0.41%) Windows Server 2019
Processes & Methodologies
1 115 (47.72%) Asset Management
2 74 (30.71%) Wealth Management
3 70 (29.05%) Data Management
3 70 (29.05%) Enterprise Data Management
4 35 (14.52%) Investment Management
5 25 (10.37%) Agile Software Development
6 23 (9.54%) Business Analysis
6 23 (9.54%) Stakeholder Management
7 19 (7.88%) Business Intelligence
8 17 (7.05%) Requirements Gathering
9 15 (6.22%) Data Analysis
10 14 (5.81%) ITIL
11 12 (4.98%) User Stories
12 9 (3.73%) Fintech
12 9 (3.73%) Problem-Solving
13 8 (3.32%) Analytics
13 8 (3.32%) Information Security
13 8 (3.32%) Mentoring
14 7 (2.90%) Change Management
14 7 (2.90%) Incident Management
Programming Languages
1 155 (64.32%) SQL
2 109 (45.23%) Python
3 79 (32.78%) R
4 22 (9.13%) VBA
5 7 (2.90%) Bash Shell
6 6 (2.49%) Perl
6 6 (2.49%) PL/SQL
7 5 (2.07%) PowerShell
8 3 (1.24%) Java
8 3 (1.24%) MATLAB
9 2 (0.83%) COBOL
9 2 (0.83%) Shell Script
10 1 (0.41%) C#
10 1 (0.41%) JavaScript
10 1 (0.41%) T-SQL
Qualifications
1 9 (3.73%) CISSP
2 8 (3.32%) CISM
3 7 (2.90%) ACCA
3 7 (2.90%) CISA
3 7 (2.90%) Degree
3 7 (2.90%) ISEB
4 6 (2.49%) CIMA
5 4 (1.66%) A+ Certification
6 3 (1.24%) CRISC
6 3 (1.24%) Security Cleared
7 1 (0.41%) GCFE
7 1 (0.41%) GCIH
7 1 (0.41%) GIAC
7 1 (0.41%) GSEC
7 1 (0.41%) ITIL Certification
7 1 (0.41%) SANS
7 1 (0.41%) SC Cleared
Quality Assurance & Compliance
1 7 (2.90%) IFRS
2 6 (2.49%) GDPR
3 5 (2.07%) QA
4 4 (1.66%) Data Quality
4 4 (1.66%) SLA
5 2 (0.83%) ISO/IEC 27001
5 2 (0.83%) PMO
System Software
1 4 (1.66%) Active Directory
2 1 (0.41%) VMware Infrastructure
Systems Management
1 7 (2.90%) Nessus
2 4 (1.66%) CSIRT
3 3 (1.24%) SCCM
4 2 (0.83%) Control-M
5 1 (0.41%) HP Quality Center
5 1 (0.41%) Microsoft Intune
5 1 (0.41%) Nagios
5 1 (0.41%) WSUS
Vendors
1 103 (42.74%) Bloomberg
2 30 (12.45%) FactSet
2 30 (12.45%) Microsoft
2 30 (12.45%) Reuters
3 18 (7.47%) Tableau
4 17 (7.05%) Oracle
5 10 (4.15%) Sun
6 7 (2.90%) SAP
6 7 (2.90%) Splunk
7 6 (2.49%) Aderant
7 6 (2.49%) Aveksa
7 6 (2.49%) CyberArk
8 5 (2.07%) Cognos
8 5 (2.07%) ServiceNow
9 2 (0.83%) ArcSight
9 2 (0.83%) Atlassian
9 2 (0.83%) Google
9 2 (0.83%) IBM
9 2 (0.83%) MuleSoft
9 2 (0.83%) Qualys