Period
to 26 November 2020

The median annual salary for a Financial Analyst was £70,000 in advertised job vacancies during the 6 months to 26 November 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
26 Nov 2020
Same period 2019 Same period 2018
Rank 463 597 603
Rank change year-on-year +134 +6 -137
Permanent jobs requiring a Financial Analyst 257 541 673
As % of all permanent jobs advertised in the UK 0.47% 0.40% 0.42%
As % of the Job Titles category 0.49% 0.42% 0.44%
Number of salaries quoted 227 460 613
Median annual salary £70,000 £45,000 £47,500
Median salary % change year-on-year +55.56% -5.26% -5.00%
10th Percentile £36,750 £26,250 £29,750
90th Percentile £112,500 £68,750 £76,250
UK excluding London median annual salary £38,750 £41,000 £42,500
% change year-on-year -5.49% -3.53% -3.41%

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 52,250 129,810 154,389
% of permanent IT jobs with a recognized job title 95.11% 95.60% 95.87%
Number of salaries quoted 43,533 103,899 124,411
Median annual salary £55,000 £50,000 £50,000
Median salary % change year-on-year +10.00% - +3.09%
10th Percentile £32,500 £28,375 £27,500
90th Percentile £87,500 £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 26 November 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 26 November 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 +135 255 £70,000 +47.37% 21
London +183 216 £77,500 +55.00% 12
UK excluding London +102 38 £38,750 -5.49% 9
South East +71 14 £40,000 -15.79% 3
East of England +132 9 £26,500 -33.75%
Work from Home 0 9 £42,500 -32.00% 1
Midlands +111 8 £46,375 +9.12%
West Midlands +85 5 £47,500 +26.67%
South West +112 4 £39,163 +11.89% 1
East Midlands +83 3 £38,750 -13.89%
North of England +97 1 £50,000 +53.85% 4
North West +88 1 £50,000 +81.82% 1
Scotland +61 1 £65,000 +62.50%
Northern Ireland +21 1 £23,500 -32.86%

Financial Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 26 November 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.

1 257 (100.00%) Finance
2 127 (49.42%) SQL
3 102 (39.69%) Front Office
3 102 (39.69%) Asset Management
4 99 (38.52%) Fixed Income
4 99 (38.52%) Hedge funds
5 94 (36.58%) Bloomberg
6 88 (34.24%) Reference Data
7 87 (33.85%) Equities
8 83 (32.30%) Back Office
9 82 (31.91%) Python
10 80 (31.13%) Eagle PACE
10 80 (31.13%) Markit EDM
11 69 (26.85%) AWS
11 69 (26.85%) Web Services
12 57 (22.18%) Wealth Management
13 55 (21.40%) Business Analysis
14 51 (19.84%) Investment Management
14 51 (19.84%) R
15 50 (19.46%) Enterprise Data Management
15 50 (19.46%) Data Management
15 50 (19.46%) PolarLake
16 42 (16.34%) Agile Software Development
16 42 (16.34%) Derivative
17 35 (13.62%) Microsoft
18 31 (12.06%) Reuters
19 30 (11.67%) Tableau
19 30 (11.67%) FactSet
20 26 (10.12%) Pandas
20 26 (10.12%) Analytical Skills

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 8 (3.11%) MS Exchange
2 3 (1.17%) Confluence
2 3 (1.17%) SAS
3 2 (0.78%) SharePoint
4 1 (0.39%) Appian
4 1 (0.39%) SharePoint 2010
Applications
1 20 (7.78%) Microsoft Excel
2 10 (3.89%) Microsoft Office
3 2 (0.78%) Microsoft PowerPoint
4 1 (0.39%) Microsoft Project
4 1 (0.39%) MS Visio
Business Applications
1 80 (31.13%) Eagle PACE
1 80 (31.13%) Markit EDM
2 50 (19.46%) PolarLake
3 7 (2.72%) Oracle Financials
4 6 (2.33%) Oracle Payables
4 6 (2.33%) Oracle Receivables
5 4 (1.56%) Oracle EBS
5 4 (1.56%) Oracle General Ledger
6 3 (1.17%) Oracle Applications
6 3 (1.17%) Oracle Assets
6 3 (1.17%) Oracle ERP
6 3 (1.17%) Oracle Internet Expenses
7 2 (0.78%) Cognos Business Intelligence
7 2 (0.78%) Cognos TM1
7 2 (0.78%) SAP Business One
8 1 (0.39%) NetSuite
8 1 (0.39%) SAP CO
8 1 (0.39%) SAP ERP
8 1 (0.39%) SAP FI/CO
8 1 (0.39%) Unit4 Business World
Cloud Services
1 69 (26.85%) AWS
2 17 (6.61%) Power Platform
3 11 (4.28%) Office 365
4 8 (3.11%) SaaS
5 4 (1.56%) Dynamics 365
6 3 (1.17%) Azure
7 1 (0.39%) IaaS
7 1 (0.39%) PaaS
Communications & Networking
1 8 (3.11%) Skype
2 4 (1.56%) Firewall
2 4 (1.56%) Intranet
3 3 (1.17%) IP Telephony
3 3 (1.17%) Remote Desktop
4 1 (0.39%) Cisco IOS
4 1 (0.39%) Intrusion Detection
4 1 (0.39%) LAN
4 1 (0.39%) SAN
4 1 (0.39%) WAN
Database & Business Intelligence
1 30 (11.67%) Tableau
2 17 (6.61%) Power BI
3 11 (4.28%) SQL Server
4 8 (3.11%) Data Lake
4 8 (3.11%) Data Warehouse
5 7 (2.72%) SQL Server Reporting Services
6 4 (1.56%) SQL Server Integration Services
7 2 (0.78%) Azure SQL Data Warehouse
7 2 (0.78%) Hadoop
7 2 (0.78%) SQL Server Analysis Services
8 1 (0.39%) BusinessObjects
8 1 (0.39%) MS Access
8 1 (0.39%) PowerPivot
8 1 (0.39%) QlikView
8 1 (0.39%) RDBMS
8 1 (0.39%) Relational Database
Development Applications
1 3 (1.17%) JIRA
General
1 257 (100.00%) Finance
2 102 (39.69%) Front Office
3 83 (32.30%) Back Office
4 22 (8.56%) Banking
5 5 (1.95%) Law
6 4 (1.56%) General Ledger
7 3 (1.17%) Investment Banking
7 3 (1.17%) Legal
7 3 (1.17%) Retail
8 2 (0.78%) Telecoms
9 1 (0.39%) Financial Institution
9 1 (0.39%) Japanese Language
9 1 (0.39%) Manufacturing
9 1 (0.39%) Marketing
9 1 (0.39%) Pharmaceutical
Libraries, Frameworks & Software Standards
1 69 (26.85%) Web Services
2 26 (10.12%) Pandas
3 3 (1.17%) Oracle Fusion
3 3 (1.17%) REST
4 2 (0.78%) FIX Protocol
5 1 (0.39%) AngularJS
5 1 (0.39%) JSON
5 1 (0.39%) RESTful
Miscellaneous
1 99 (38.52%) Fixed Income
1 99 (38.52%) Hedge funds
2 88 (34.24%) Reference Data
3 87 (33.85%) Equities
4 42 (16.34%) Derivative
5 26 (10.12%) Analytical Skills
6 16 (6.23%) Greenfield Project
7 7 (2.72%) Foreign Exchange (FX)
8 3 (1.17%) Management Information System
8 3 (1.17%) Market Risk
9 2 (0.78%) Credit Risk
9 2 (0.78%) Mobile App
9 2 (0.78%) Reinsurance
10 1 (0.39%) Analytical Mindset
10 1 (0.39%) Cyberthreat
10 1 (0.39%) Enterprise Software
10 1 (0.39%) FMCG
10 1 (0.39%) Public Cloud
10 1 (0.39%) Spread Betting
10 1 (0.39%) SWIFT
Operating Systems
1 26 (10.12%) Windows
2 17 (6.61%) Windows Server
3 9 (3.50%) Android
3 9 (3.50%) Mac OS X
4 8 (3.11%) Windows 10
4 8 (3.11%) Windows 7
4 8 (3.11%) Windows Server 2008
5 5 (1.95%) Linux
6 4 (1.56%) Windows Server 2012
7 2 (0.78%) Unix
8 1 (0.39%) Red Hat Enterprise Linux
8 1 (0.39%) Ubuntu
8 1 (0.39%) Windows Server 2016
8 1 (0.39%) Windows Server 2019
Processes & Methodologies
1 102 (39.69%) Asset Management
2 57 (22.18%) Wealth Management
3 55 (21.40%) Business Analysis
4 51 (19.84%) Investment Management
5 50 (19.46%) Data Management
5 50 (19.46%) Enterprise Data Management
6 42 (16.34%) Agile Software Development
7 23 (8.95%) Requirements Gathering
8 22 (8.56%) Data Analysis
9 21 (8.17%) Business Intelligence
10 19 (7.39%) Stakeholder Management
11 16 (6.23%) ITIL
11 16 (6.23%) User Stories
12 15 (5.84%) Project Delivery
13 13 (5.06%) Analytics
13 13 (5.06%) Project Management
13 13 (5.06%) Risk Analysis
14 12 (4.67%) Performance Attribution
14 12 (4.67%) Portfolio Management
15 11 (4.28%) Collaborative Working
Programming Languages
1 127 (49.42%) SQL
2 82 (31.91%) Python
3 51 (19.84%) R
4 20 (7.78%) VBA
5 3 (1.17%) PowerShell
6 1 (0.39%) Bash Shell
6 1 (0.39%) Korn
6 1 (0.39%) Perl
6 1 (0.39%) T-SQL
Qualifications
1 10 (3.89%) ISEB
2 9 (3.50%) CISM
3 7 (2.72%) CISSP
3 7 (2.72%) Degree
4 5 (1.95%) ACCA
4 5 (1.95%) CRISC
5 4 (1.56%) CIMA
6 2 (0.78%) CEH
6 2 (0.78%) CompTIA Security+
6 2 (0.78%) SANS
7 1 (0.39%) A+ Certification
7 1 (0.39%) CISA
7 1 (0.39%) CISMP
7 1 (0.39%) CREST Certified
7 1 (0.39%) GCFE
7 1 (0.39%) GCIH
7 1 (0.39%) GIAC
7 1 (0.39%) GSEC
7 1 (0.39%) Postgraduate
7 1 (0.39%) SSCP
Quality Assurance & Compliance
1 14 (5.45%) Data Quality
2 7 (2.72%) GDPR
2 7 (2.72%) IFRS
3 6 (2.33%) QA
4 5 (1.95%) ISO/IEC 27001
5 2 (0.78%) Cyber Essentials
5 2 (0.78%) Cyber Essentials PLUS
5 2 (0.78%) PMO
6 1 (0.39%) ISO 20022
System Software
1 16 (6.23%) Active Directory
2 3 (1.17%) VMware Infrastructure
3 2 (0.78%) VMware ESXi
Systems Management
1 10 (3.89%) SCCM
2 1 (0.39%) Ansible
2 1 (0.39%) Microsoft Intune
2 1 (0.39%) Nessus
2 1 (0.39%) WSUS
Vendors
1 94 (36.58%) Bloomberg
2 35 (13.62%) Microsoft
3 31 (12.06%) Reuters
4 30 (11.67%) FactSet
5 13 (5.06%) Oracle
6 10 (3.89%) Informatica
7 8 (3.11%) Apple
8 6 (2.33%) SAP
9 4 (1.56%) Cisco
9 4 (1.56%) Cognos
10 3 (1.17%) Avaya
10 3 (1.17%) VMware
11 2 (0.78%) Atlassian
11 2 (0.78%) IBM
11 2 (0.78%) JD Edwards
11 2 (0.78%) Red Hat
11 2 (0.78%) Sage
11 2 (0.78%) Salesforce.com
11 2 (0.78%) Xero
12 1 (0.39%) Adaptive Insights