Period
to 8 July 2020

The median annual salary for a Financial Analyst was £60,000 in advertised job vacancies during the 6 months to 8 July 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
8 Jul 2020
Same period 2019 Same period 2018
Rank 498 580 596
Rank change year-on-year +82 +16 -127
Permanent jobs requiring a Financial Analyst 371 665 781
As % of all permanent jobs advertised in the UK 0.47% 0.45% 0.44%
As % of the Job Titles category 0.49% 0.47% 0.45%
Number of salaries quoted 306 550 705
Median annual salary £60,000 £47,500 £47,500
Median salary % change year-on-year +26.32% - -5.00%
10th Percentile £37,250 £29,750 £28,000
90th Percentile £95,000 £77,500 £76,250
UK excluding London median annual salary £47,000 £40,000 £42,500
% change year-on-year +17.50% -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 74,979 141,835 171,973
% of permanent IT jobs with a recognized job title 95.09% 95.88% 96.23%
Number of salaries quoted 60,414 113,279 139,610
Median annual salary £55,000 £50,000 £50,000
Median salary % change year-on-year +10.00% - +5.26%
10th Percentile £31,250 £28,250 £27,500
90th Percentile £87,500 £85,000 £81,250
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 8 July 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 8 July 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 +78 361 £60,000 +20.00% 15
London +85 275 £65,000 +18.18% 7
UK excluding London +86 92 £47,000 +17.50% 8
South East +86 60 £47,000 -1.05% 5
North of England +117 15 £50,000 +17.65% 2
Yorkshire +112 9 £50,000 +17.65%
North West +96 6 £52,500 +10.53% 2
Scotland +84 6 £50,000 +33.33%
Midlands +107 5 £37,500 -6.25% 1
West Midlands +92 5 £37,500 -6.25% 1
Work from Home +63 5 £45,000 +5.88%
South West +70 3 £45,000 +28.57%
East of England +63 2 £37,000 -2.63%
Northern Ireland +22 1 £23,500 -32.86%

Financial Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 8 July 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.

1 371 (100.00%) Finance
2 140 (37.74%) SQL
3 74 (19.95%) Python
3 74 (19.95%) Asset Management
4 67 (18.06%) Banking
5 65 (17.52%) Agile Software Development
6 63 (16.98%) R
7 56 (15.09%) Front Office
8 55 (14.82%) Fixed Income
9 53 (14.29%) Equities
10 52 (14.02%) SQL Server
11 51 (13.75%) Oracle
11 51 (13.75%) AWS
12 50 (13.48%) Bloomberg
13 49 (13.21%) Stakeholder Management
13 49 (13.21%) Hedge funds
14 47 (12.67%) Business Analysis
15 45 (12.13%) Back Office
15 45 (12.13%) Wealth Management
16 44 (11.86%) Reference Data
17 43 (11.59%) Data Management
18 41 (11.05%) Microsoft
19 40 (10.78%) Web Services
19 40 (10.78%) PolarLake
19 40 (10.78%) Eagle PACE
19 40 (10.78%) Enterprise Data Management
19 40 (10.78%) Markit EDM
20 38 (10.24%) ITIL
21 33 (8.89%) Requirements Gathering
22 31 (8.36%) Linux

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 12 (3.23%) SAS
2 10 (2.70%) Confluence
3 6 (1.62%) MS Exchange
4 5 (1.35%) IIS
4 5 (1.35%) SharePoint
5 4 (1.08%) Apache Spark
6 2 (0.54%) Oracle Workflow
7 1 (0.27%) Apache
7 1 (0.27%) JBoss
7 1 (0.27%) nginx
7 1 (0.27%) WebSphere
Applications
1 26 (7.01%) Microsoft Excel
2 16 (4.31%) Microsoft Office
3 8 (2.16%) Microsoft PowerPoint
4 2 (0.54%) MS Visio
5 1 (0.27%) Microsoft Project
Business Applications
1 40 (10.78%) Eagle PACE
1 40 (10.78%) Markit EDM
1 40 (10.78%) PolarLake
2 19 (5.12%) Oracle Financials
3 18 (4.85%) Oracle General Ledger
3 18 (4.85%) Oracle Payables
3 18 (4.85%) Oracle Receivables
4 17 (4.58%) Oracle EBS
5 15 (4.04%) Oracle EBS R12
6 12 (3.23%) Oracle Assets
7 10 (2.70%) Elite 3E
8 9 (2.43%) Oracle iProcurement
9 8 (2.16%) Oracle Cash Management
10 6 (1.62%) Oracle Applications
10 6 (1.62%) Oracle Internet Expenses
10 6 (1.62%) Oracle Procure-to-Pay
11 4 (1.08%) NetSuite
11 4 (1.08%) Oracle ERP
11 4 (1.08%) Sparx Enterprise Architect
12 3 (0.81%) SAP BPC
Cloud Services
1 51 (13.75%) AWS
2 12 (3.23%) Office 365
3 11 (2.96%) Azure
3 11 (2.96%) Power Platform
4 4 (1.08%) Dynamics 365
4 4 (1.08%) SaaS
5 2 (0.54%) Akamai
5 2 (0.54%) GCP
6 1 (0.27%) CloudBees
6 1 (0.27%) GitHub
6 1 (0.27%) Trello
Communications & Networking
1 3 (0.81%) SAN
2 2 (0.54%) IPv4
2 2 (0.54%) Unified Communications
3 1 (0.27%) Firewall
3 1 (0.27%) Network Security
3 1 (0.27%) Skype
Database & Business Intelligence
1 52 (14.02%) SQL Server
2 24 (6.47%) Relational Database
3 21 (5.66%) RDBMS
4 11 (2.96%) Power BI
5 9 (2.43%) SQL Server Integration Services
6 8 (2.16%) Data Warehouse
6 8 (2.16%) Oracle Reports
6 8 (2.16%) SQL Server Analysis Services
6 8 (2.16%) SQL Server Reporting Services
7 7 (1.89%) Big Data
8 6 (1.62%) BusinessObjects
9 5 (1.35%) DB2
10 4 (1.08%) Oracle Database
11 3 (0.81%) Data Mining
11 3 (0.81%) SQL Server 2008
11 3 (0.81%) SQL Server 2016
12 2 (0.54%) Amazon DynamoDB
12 2 (0.54%) KDB
12 2 (0.54%) OLAP
12 2 (0.54%) QlikView
Development Applications
1 21 (5.66%) JIRA
2 2 (0.54%) Jenkins
2 2 (0.54%) Toad
3 1 (0.27%) Appium
3 1 (0.27%) Cucumber
3 1 (0.27%) Git (software)
3 1 (0.27%) Oracle Forms
3 1 (0.27%) Selenium
3 1 (0.27%) Sonatype Nexus
3 1 (0.27%) Subversion
3 1 (0.27%) TeamCity
3 1 (0.27%) Zephyr
General
1 371 (100.00%) Finance
2 67 (18.06%) Banking
3 56 (15.09%) Front Office
4 45 (12.13%) Back Office
5 22 (5.93%) General Ledger
6 18 (4.85%) Legal
7 17 (4.58%) Law
8 15 (4.04%) Investment Banking
9 12 (3.23%) Retail
10 7 (1.89%) French Language
10 7 (1.89%) Private Banking
11 6 (1.62%) Advertising
12 5 (1.35%) Financial Institution
13 3 (0.81%) Manufacturing
13 3 (0.81%) Retail Finance
13 3 (0.81%) Telecoms
14 2 (0.54%) Marketing
Libraries, Frameworks & Software Standards
1 40 (10.78%) Web Services
2 8 (2.16%) SailPoint
3 7 (1.89%) Oracle Fusion
4 6 (1.62%) .NET
5 5 (1.35%) JSON
5 5 (1.35%) XML
6 4 (1.08%) FIX Protocol
7 2 (0.54%) CSS
7 2 (0.54%) Elastic Stack
7 2 (0.54%) HTML
7 2 (0.54%) MDX
7 2 (0.54%) Regular Expression
7 2 (0.54%) REST
8 1 (0.27%) DHTML
8 1 (0.27%) FIXML
8 1 (0.27%) J2EE
8 1 (0.27%) JMS
8 1 (0.27%) JSP
8 1 (0.27%) Servlets
8 1 (0.27%) WebSphere MQ
Miscellaneous
1 55 (14.82%) Fixed Income
2 53 (14.29%) Equities
3 49 (13.21%) Hedge funds
4 44 (11.86%) Reference Data
5 30 (8.09%) Analytical Skills
6 16 (4.31%) Derivative
7 10 (2.70%) Management Information System
7 10 (2.70%) OTC Derivatives
8 8 (2.16%) Foreign Exchange (FX)
9 7 (1.89%) Credit Risk
10 6 (1.62%) Greenfield Project
11 5 (1.35%) Mainframe
11 5 (1.35%) Self-Motivation
12 4 (1.08%) Market Risk
12 4 (1.08%) Semantic Web
13 3 (0.81%) Analytical Mindset
14 2 (0.54%) Cyberthreat
14 2 (0.54%) SWIFT
15 1 (0.27%) FMCG
15 1 (0.27%) Mobile App
Operating Systems
1 31 (8.36%) Linux
2 28 (7.55%) Windows
3 11 (2.96%) Unix
4 10 (2.70%) Windows Server
5 8 (2.16%) Windows 10
6 6 (1.62%) Windows 7
7 3 (0.81%) Windows Server 2008
8 1 (0.27%) Android
8 1 (0.27%) Mac OS X
Processes & Methodologies
1 74 (19.95%) Asset Management
2 65 (17.52%) Agile Software Development
3 49 (13.21%) Stakeholder Management
4 47 (12.67%) Business Analysis
5 45 (12.13%) Wealth Management
6 43 (11.59%) Data Management
7 40 (10.78%) Enterprise Data Management
8 38 (10.24%) ITIL
9 33 (8.89%) Requirements Gathering
10 23 (6.20%) Change Management
10 23 (6.20%) Data Analysis
10 23 (6.20%) Manual Testing
11 22 (5.93%) Test Automation
12 21 (5.66%) Incident Management
13 20 (5.39%) Problem-Solving
14 17 (4.58%) ERP
15 16 (4.31%) Information Security
16 15 (4.04%) Analytics
16 15 (4.04%) Fintech
16 15 (4.04%) User Acceptance Testing
Programming Languages
1 140 (37.74%) SQL
2 74 (19.95%) Python
3 63 (16.98%) R
4 26 (7.01%) VBA
5 24 (6.47%) PL/SQL
6 15 (4.04%) Java
7 10 (2.70%) Bash Shell
8 9 (2.43%) Perl
8 9 (2.43%) PowerShell
9 8 (2.16%) C#
9 8 (2.16%) MATLAB
10 5 (1.35%) C++
10 5 (1.35%) COBOL
10 5 (1.35%) Shell Script
10 5 (1.35%) VB
11 4 (1.08%) Scala
11 4 (1.08%) SHACL
11 4 (1.08%) SPARQL
12 3 (0.81%) JavaScript
13 2 (0.54%) T-SQL
Qualifications
1 24 (6.47%) Degree
2 13 (3.50%) ACCA
2 13 (3.50%) CIMA
3 9 (2.43%) CISM
3 9 (2.43%) CISSP
4 8 (2.16%) CISA
5 6 (1.62%) ITIL Certification
6 5 (1.35%) PhD
6 5 (1.35%) Security Cleared
7 4 (1.08%) A+ Certification
8 3 (0.81%) Computer Science Degree
8 3 (0.81%) ISEB
8 3 (0.81%) ISTQB
8 3 (0.81%) SC Cleared
9 2 (0.54%) Master's Degree
9 2 (0.54%) MCSE
9 2 (0.54%) Microsoft Certification
9 2 (0.54%) Six Sigma Master Black Belt
9 2 (0.54%) Six Sigma Yellow Belt
10 1 (0.27%) CIPFA
Quality Assurance & Compliance
1 10 (2.70%) SLA
2 7 (1.89%) QA
3 5 (1.35%) Data Quality
4 3 (0.81%) GAAP
4 3 (0.81%) PMO
5 2 (0.54%) IFRS
5 2 (0.54%) NIST
6 1 (0.27%) GDPR
6 1 (0.27%) Sarbanes-Oxley
System Software
1 9 (2.43%) Active Directory
2 5 (1.35%) VMware Infrastructure
3 3 (0.81%) vSphere
Systems Management
1 8 (2.16%) Nessus
2 5 (1.35%) Control-M
3 4 (1.08%) CSIRT
4 2 (0.54%) HP Quality Center
4 2 (0.54%) Nagios
5 1 (0.27%) Ansible
5 1 (0.27%) Puppet
5 1 (0.27%) SCCM
Vendors
1 51 (13.75%) Oracle
2 50 (13.48%) Bloomberg
3 41 (11.05%) Microsoft
4 19 (5.12%) Tableau
5 16 (4.31%) Aderant
6 12 (3.23%) Sun
7 11 (2.96%) SAP
8 8 (2.16%) Aveksa
8 8 (2.16%) CyberArk
8 8 (2.16%) Hyperion
8 8 (2.16%) Splunk
9 7 (1.89%) ServiceNow
10 6 (1.62%) VMware
11 4 (1.08%) Anaplan
11 4 (1.08%) ArcSight
11 4 (1.08%) JD Edwards
11 4 (1.08%) Qualys
11 4 (1.08%) Sparx
12 3 (0.81%) Cisco
12 3 (0.81%) Cognos