Period
to 28 March 2020

The table below looks at the prevalence of the term Investment Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Investment Banking over the 6 months to 28 March 2020 with a comparison to the same period over the previous 2 years.

Investment Banking
UK
6 months to
28 Mar 2020
Same period 2019 Same period 2018
Rank 426 328 268
Rank change year-on-year -98 -60 +9
Permanent jobs citing Investment Banking 774 1,416 2,192
As % of all permanent jobs advertised in the UK 0.65% 0.96% 1.24%
As % of the General category 1.63% 2.36% 2.88%
Number of salaries quoted 707 1,068 1,291
Median annual salary £80,000 £70,000 £70,000
Median salary % change year-on-year +14.29% - +3.70%
10th Percentile £50,000 £40,875 £40,000
90th Percentile £133,750 £110,000 £111,250
UK excluding London median annual salary £55,000 £55,000 £60,000
% change year-on-year - -8.33% +11.63%

Investment 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.

All General Skills
UK
Permanent vacancies with a requirement for common skills 47,510 59,926 76,005
As % of all permanent IT jobs advertised in the UK 40.00% 40.44% 43.13%
Number of salaries quoted 36,047 45,485 59,627
Median annual salary £56,500 £55,000 £50,000
Median salary % change year-on-year +2.73% +10.00% -
10th Percentile £31,250 £30,500 £29,750
90th Percentile £95,000 £90,000 £85,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +5.88%

Investment Banking
Job Vacancy Trend

Job postings citing Investment Banking as a proportion of all IT jobs advertised.

Job vacancy trend for Investment Banking in the UK

Investment Banking
Salary Trend

3-month moving average salary quoted in jobs citing Investment Banking.

Salary trend for Investment Banking in the UK

Investment Banking
Salary Histogram

Salary distribution for jobs citing Investment Banking over the 6 months to 28 March 2020.

Salary histogram for Investment Banking in the UK

Investment Banking
Top 10 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Investment Banking within the UK over the 6 months to 28 March 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 -96 748 £80,000 +14.29% 83
London -44 736 £80,000 +14.29% 82
UK excluding London -57 35 £55,000 - 3
Northern Ireland +25 13 £55,000 +69.23%
South East +58 9 £64,000 +24.88% 1
Scotland +19 8 £57,500 -34.29% 2
Work from Home -14 6 £77,500 +25.00% 5
North of England -62 3 £35,000 -45.31%
North West -82 3 £35,000 -45.31%
Wales -11 2 £50,000 -9.09%

For the 6 months to 28 March 2020, IT jobs citing Investment Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads with a requirement for Investment Banking.

1 774 (100.00%) Banking
2 497 (64.21%) Finance
3 357 (46.12%) Java
4 310 (40.05%) Agile Software Development
5 268 (34.63%) Front Office
6 229 (29.59%) Fixed Income
7 226 (29.20%) AWS
8 222 (28.68%) Azure
9 218 (28.17%) Foreign Exchange (FX)
10 213 (27.52%) AngularJS
11 211 (27.26%) JavaScript
12 209 (27.00%) Asset Management
13 193 (24.94%) Derivative
14 190 (24.55%) Equities
15 186 (24.03%) Web Services
15 186 (24.03%) Software Engineering
16 184 (23.77%) Hedge funds
17 182 (23.51%) Python
18 178 (23.00%) React
19 175 (22.61%) Investment Management
20 161 (20.80%) GCP
21 160 (20.67%) DevOps
21 160 (20.67%) SQL
22 146 (18.86%) Business Analysis
23 140 (18.09%) C#
24 120 (15.50%) Decision-Making
25 110 (14.21%) Google
26 109 (14.08%) Vue.js
27 108 (13.95%) Node.js
28 105 (13.57%) Portfolio Management

Investment Banking
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 29 (3.75%) Elasticsearch
2 19 (2.45%) Apache Spark
3 18 (2.33%) Apache
3 18 (2.33%) Tomcat
4 16 (2.07%) Confluence
5 6 (0.78%) Skype for Business
6 4 (0.52%) CMS
6 4 (0.52%) nginx
7 3 (0.39%) IBM Notes
7 3 (0.39%) MQSeries
7 3 (0.39%) MS Exchange
7 3 (0.39%) Oracle Workflow
7 3 (0.39%) WebSphere
8 2 (0.26%) Appian
8 2 (0.26%) Camunda
8 2 (0.26%) Exchange Server 2010
8 2 (0.26%) Jupyter
8 2 (0.26%) OpenStack
8 2 (0.26%) SharePoint
9 1 (0.13%) SharePoint 2013
Applications
1 24 (3.10%) Microsoft Excel
2 23 (2.97%) Microsoft Office
3 12 (1.55%) Microsoft PowerPoint
4 6 (0.78%) Microsoft Project
5 5 (0.65%) MS Visio
6 2 (0.26%) Sketch
7 1 (0.13%) Spreadsheet
Business Applications
1 9 (1.16%) thinkFolio
2 1 (0.13%) Distributed Ledger
2 1 (0.13%) Markit EDM
Cloud Services
1 226 (29.20%) AWS
2 222 (28.68%) Azure
3 161 (20.80%) GCP
4 30 (3.88%) Amazon ECS
4 30 (3.88%) Amazon SQS
5 10 (1.29%) GitHub
5 10 (1.29%) SaaS
6 8 (1.03%) AWS Fargate
7 7 (0.90%) Cloud Computing
7 7 (0.90%) Salesforce Sales Cloud
8 6 (0.78%) Salesforce Service Cloud
9 5 (0.65%) Office 365
10 4 (0.52%) IaaS
10 4 (0.52%) OpenShift
10 4 (0.52%) Power Platform
10 4 (0.52%) Serverless
11 2 (0.26%) Amazon EKS
11 2 (0.26%) AWS CloudFormation
11 2 (0.26%) Azure Machine Learning
11 2 (0.26%) npm
Communications & Networking
1 17 (2.20%) Firewall
2 14 (1.81%) WAN
3 13 (1.68%) LAN
4 6 (0.78%) Intranet
4 6 (0.78%) Skype
4 6 (0.78%) Unified Communications
5 5 (0.65%) Cisco ISE
5 5 (0.65%) VPN
6 4 (0.52%) HTTP
6 4 (0.52%) Internet
6 4 (0.52%) Multicast
7 3 (0.39%) BGP
7 3 (0.39%) DNS
7 3 (0.39%) Network Security
7 3 (0.39%) OSPF
7 3 (0.39%) TCP/IP
7 3 (0.39%) VoIP
7 3 (0.39%) Wireless
8 2 (0.26%) EIGRP
8 2 (0.26%) IP Telephony
Database & Business Intelligence
1 92 (11.89%) SQL Server
2 36 (4.65%) MongoDB
3 30 (3.88%) Amazon Redshift
4 28 (3.62%) NoSQL
5 22 (2.84%) SQL Server Integration Services
6 18 (2.33%) Hadoop
7 17 (2.20%) Big Data
8 16 (2.07%) Data Warehouse
9 15 (1.94%) SQL Server 2019
10 13 (1.68%) Relational Database
11 12 (1.55%) SQL Server Reporting Services
12 11 (1.42%) SQL Server 2008
13 9 (1.16%) MySQL
14 8 (1.03%) Oracle Database
15 6 (0.78%) Data Mining
15 6 (0.78%) KDB
15 6 (0.78%) RDBMS
15 6 (0.78%) SQL Server 2016
16 5 (0.65%) BusinessObjects
16 5 (0.65%) PostgreSQL
Development Applications
1 40 (5.17%) Git (software)
1 40 (5.17%) JIRA
2 34 (4.39%) RStudio
3 25 (3.23%) Jenkins
4 17 (2.20%) GitLab
4 17 (2.20%) TeamCity
5 16 (2.07%) Maven
6 12 (1.55%) Bitbucket
7 10 (1.29%) Zephyr
8 9 (1.16%) JUnit
9 8 (1.03%) Atlassian Bamboo
9 8 (1.03%) Octopus Deploy
10 6 (0.78%) Cucumber
10 6 (0.78%) Visual Studio
11 5 (0.65%) TestComplete
12 4 (0.52%) Ant
12 4 (0.52%) VersionOne
13 3 (0.39%) Gradle
13 3 (0.39%) Subversion
14 2 (0.26%) Selenium
General
1 774 (100.00%) Banking
2 497 (64.21%) Finance
3 268 (34.63%) Front Office
4 20 (2.58%) Retail
5 19 (2.45%) Back Office
6 18 (2.33%) Financial Institution
7 10 (1.29%) Legal
8 9 (1.16%) Telecoms
9 8 (1.03%) Law
10 7 (0.90%) Advertising
10 7 (0.90%) French Language
10 7 (0.90%) German Language
10 7 (0.90%) Italian Language
10 7 (0.90%) Spanish Language
11 5 (0.65%) Marketing
11 5 (0.65%) Retail Banking
12 4 (0.52%) Corporate Banking
13 2 (0.26%) Public Sector
14 1 (0.13%) Private Banking
14 1 (0.13%) Wholesale Banking
Job Titles
1 385 (49.74%) Developer
2 154 (19.90%) Java Developer
3 113 (14.60%) Front Office Developer
4 96 (12.40%) Analyst
5 72 (9.30%) Software Engineer
6 61 (7.88%) AWS Engineer
6 61 (7.88%) Java Engineer
7 56 (7.24%) AWS Developer
8 52 (6.72%) Python Developer
9 50 (6.46%) Senior Developer
10 48 (6.20%) Business Analyst
10 48 (6.20%) C# Developer
11 46 (5.94%) Python Engineer
12 43 (5.56%) .NET Developer
13 38 (4.91%) JavaScript Developer
13 38 (4.91%) Project Manager
14 37 (4.78%) Architect
15 30 (3.88%) React Developer
16 29 (3.75%) Graduate
16 29 (3.75%) Graduate Developer
Libraries, Frameworks & Software Standards
1 213 (27.52%) AngularJS
2 186 (24.03%) Web Services
3 178 (23.00%) React
4 109 (14.08%) Vue.js
5 108 (13.95%) Node.js
6 92 (11.89%) .NET
7 78 (10.08%) J2EE
8 55 (7.11%) HTML
9 47 (6.07%) ASP.NET
9 47 (6.07%) CSS
10 46 (5.94%) .NET Framework
11 40 (5.17%) ASP.NET Web API
11 40 (5.17%) Redux
11 40 (5.17%) Spring
12 38 (4.91%) REST
13 34 (4.39%) .NET Core
14 32 (4.13%) ASP.NET MVC
15 30 (3.88%) RabbitMQ
15 30 (3.88%) WinForms
16 26 (3.36%) XML
Miscellaneous
1 229 (29.59%) Fixed Income
2 218 (28.17%) Foreign Exchange (FX)
3 193 (24.94%) Derivative
4 190 (24.55%) Equities
5 184 (23.77%) Hedge funds
6 54 (6.98%) Analytical Skills
7 35 (4.52%) Greenfield Project
8 34 (4.39%) Blog
9 33 (4.26%) Market Risk
10 26 (3.36%) Tandem
11 23 (2.97%) Credit Risk
12 19 (2.45%) Self-Motivation
13 18 (2.33%) Public Cloud
14 14 (1.81%) Data Centre
15 13 (1.68%) Virtual Team
16 12 (1.55%) Algorithms
17 10 (1.29%) Enterprise Software
17 10 (1.29%) Management Information System
18 9 (1.16%) Grid Computing
18 9 (1.16%) SWIFT
Operating Systems
1 58 (7.49%) Unix
2 52 (6.72%) Linux
3 46 (5.94%) Windows
4 12 (1.55%) Windows Server
5 9 (1.16%) Windows 10
6 8 (1.03%) Red Hat Enterprise Linux
7 6 (0.78%) Apple iOS
7 6 (0.78%) Windows Server 2012
8 5 (0.65%) Solaris
8 5 (0.65%) Windows 7
8 5 (0.65%) Windows Server 2008
9 4 (0.52%) Android
10 2 (0.26%) Mac OS
10 2 (0.26%) Mac OS X
11 1 (0.13%) AIX
11 1 (0.13%) VMS
11 1 (0.13%) Windows 8
Processes & Methodologies
1 310 (40.05%) Agile Software Development
2 209 (27.00%) Asset Management
3 186 (24.03%) Software Engineering
4 175 (22.61%) Investment Management
5 160 (20.67%) DevOps
6 146 (18.86%) Business Analysis
7 120 (15.50%) Decision-Making
8 105 (13.57%) Portfolio Management
9 90 (11.63%) TDD
10 85 (10.98%) Computer Science
11 78 (10.08%) Microservices
12 76 (9.82%) Front End Development
13 68 (8.79%) Problem-Solving
14 66 (8.53%) Multithreading
15 65 (8.40%) Scrum
16 64 (8.27%) Fintech
17 50 (6.46%) BDD
18 49 (6.33%) Test Automation
19 48 (6.20%) Fund Management
20 46 (5.94%) Machine Learning
Programming Languages
1 357 (46.12%) Java
2 211 (27.26%) JavaScript
3 182 (23.51%) Python
4 160 (20.67%) SQL
5 140 (18.09%) C#
6 41 (5.30%) TypeScript
7 39 (5.04%) C++
8 37 (4.78%) Kotlin
9 31 (4.01%) Java 8
10 26 (3.36%) Bash Shell
11 20 (2.58%) R
12 16 (2.07%) Perl
12 16 (2.07%) PowerShell
12 16 (2.07%) T-SQL
13 15 (1.94%) Scala
14 11 (1.42%) Shell Script
15 10 (1.29%) VBA
16 9 (1.16%) Bourne shell
16 9 (1.16%) Korn
17 8 (1.03%) F#
Qualifications
1 101 (13.05%) Degree
2 38 (4.91%) Computer Science Degree
3 11 (1.42%) Cisco Certification
4 10 (1.29%) Master's Degree
5 9 (1.16%) CCNA
6 8 (1.03%) Numerate Degree
7 5 (0.65%) CISSP
7 5 (0.65%) ITIL Certification
8 4 (0.52%) CISM
8 4 (0.52%) MCSE
8 4 (0.52%) Microsoft Certification
8 4 (0.52%) PhD
9 3 (0.39%) CCNP
9 3 (0.39%) PRINCE2 Certification
10 2 (0.26%) ISTQB
11 1 (0.13%) CCIE
11 1 (0.13%) CRISC
11 1 (0.13%) ISTQB Foundation Certification
11 1 (0.13%) PMI Certification
11 1 (0.13%) PMP
Quality Assurance & Compliance
1 28 (3.62%) QA
2 13 (1.68%) EMIR
3 11 (1.42%) SLA
4 6 (0.78%) Data Quality
5 5 (0.65%) MiFID
6 4 (0.52%) ISO/IEC 27001
7 2 (0.26%) COBIT
7 2 (0.26%) Dodd-Frank
7 2 (0.26%) GDPR
8 1 (0.13%) FINRA
8 1 (0.13%) IFRS
8 1 (0.13%) ISO 9000
8 1 (0.13%) Solvency II
System Software
1 71 (9.17%) Docker
2 6 (0.78%) Active Directory
3 4 (0.52%) Virtual Desktop
3 4 (0.52%) VMware Infrastructure
4 3 (0.39%) VMware ESXi
5 2 (0.26%) vSphere
6 1 (0.13%) Cronacle
6 1 (0.13%) GridGain
6 1 (0.13%) Hyper-V
6 1 (0.13%) Microsoft App-V
6 1 (0.13%) ProxySG
6 1 (0.13%) Virtual Machines
6 1 (0.13%) VMware Server
6 1 (0.13%) XenApp
Systems Management
1 42 (5.43%) Terraform
2 37 (4.78%) Kubernetes
3 27 (3.49%) Ansible
4 14 (1.81%) Puppet
5 9 (1.16%) HP Quality Center
6 7 (0.90%) Control-M
7 6 (0.78%) ITRS Geneos
8 3 (0.39%) Icinga
9 2 (0.26%) Opscode Chef
9 2 (0.26%) SCCM
10 1 (0.13%) BMC PATROL
10 1 (0.13%) Consul
10 1 (0.13%) HP ALM
10 1 (0.13%) Microsoft Intune
10 1 (0.13%) Nagios
10 1 (0.13%) Packer
10 1 (0.13%) Perfmon
Vendors
1 110 (14.21%) Google
2 61 (7.88%) Microsoft
3 38 (4.91%) Oracle
4 26 (3.36%) Cisco
5 21 (2.71%) Murex
6 17 (2.20%) HP
7 15 (1.94%) Bloomberg
7 15 (1.94%) Sybase
8 12 (1.55%) Charles River
9 10 (1.29%) Reuters
9 10 (1.29%) Sun
9 10 (1.29%) VMware
10 9 (1.16%) SmartStream
11 8 (1.03%) Citrix
11 8 (1.03%) ION Trading
12 7 (0.90%) Eze Software Group
12 7 (0.90%) FXall
12 7 (0.90%) MarketAxess
12 7 (0.90%) Polycom
12 7 (0.90%) Tradeweb