Period
to 16 January 2021

The table below looks at the prevalence of the term Online Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Online Banking over the 6 months to 16 January 2021 with a comparison to the same period over the previous 2 years.

Online Banking (Internet Banking)
UK
6 months to
16 Jan 2021
Same period 2020 Same period 2019
Rank 709 936 992
Rank change year-on-year +227 +56 +8
Permanent jobs citing Online Banking 41 104 134
As % of all permanent jobs advertised in the UK 0.066% 0.082% 0.089%
As % of the Miscellaneous category 0.17% 0.21% 0.22%
Number of salaries quoted 42 60 87
Median annual salary £55,000 £70,000 £62,500
Median salary % change year-on-year -21.43% +12.00% -13.79%
10th Percentile £45,000 £54,525 £30,000
90th Percentile £67,250 £78,250 £95,000
UK excluding London median annual salary £49,500 £60,000 £30,000
% change year-on-year -17.50% +100.00% -33.33%

Online Banking is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for generic IT skills.

All Generic IT Skills
UK
Permanent vacancies with a requirement for generic IT skills 23,903 48,572 59,794
As % of all permanent IT jobs advertised in the UK 38.40% 38.51% 39.58%
Number of salaries quoted 18,694 37,693 46,146
Median annual salary £55,000 £55,000 £52,500
Median salary % change year-on-year - +4.76% +5.00%
10th Percentile £32,500 £30,000 £29,405
90th Percentile £95,000 £93,750 £87,500
UK excluding London median annual salary £48,500 £45,000 £45,000
% change year-on-year +7.78% - +4.65%

Online Banking
Job Vacancy Trend

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

Job vacancy trend for Online Banking in the UK

Online Banking
Salary Trend

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

Salary trend for Online Banking in the UK

Online Banking
Salary Histogram

Salary distribution for jobs citing Online Banking over the 6 months to 16 January 2021.

Salary histogram for Online Banking in the UK

Online Banking
Top 6 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Online Banking within the UK over the 6 months to 16 January 2021. 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 +224 41 £55,000 -21.43% 4
London +166 37 £55,000 -24.14% 3
Work from Home - 8 £49,500 -
UK excluding London +196 3 £49,500 -17.50% 1
North of England +84 3 £49,500 -22.35%
North West - 3 £49,500 -

For the 6 months to 16 January 2021, IT jobs citing Online 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 Online Banking.

1 41 (100.00%) Banking
2 31 (75.61%) Finance
3 25 (60.98%) Analytics
4 23 (56.10%) ETL
5 22 (53.66%) Mobile App
6 21 (51.22%) Data Warehouse
6 21 (51.22%) SQL
7 20 (48.78%) Agile Software Development
7 20 (48.78%) Mobile Banking
8 19 (46.34%) Azure
9 16 (39.02%) Data Quality
9 16 (39.02%) Master Data Management
9 16 (39.02%) Relational Database
9 16 (39.02%) Power BI
9 16 (39.02%) Data Strategy
9 16 (39.02%) Power Platform
9 16 (39.02%) Business Development
9 16 (39.02%) Reference Data
9 16 (39.02%) Legal
9 16 (39.02%) SQL Server Reporting Services
9 16 (39.02%) Business Analysis
9 16 (39.02%) SQL Server Integration Services
9 16 (39.02%) T-SQL
9 16 (39.02%) Business Intelligence
10 9 (21.95%) Java
11 8 (19.51%) Python
11 8 (19.51%) General Ledger
11 8 (19.51%) Wealth Management
11 8 (19.51%) Kubernetes
11 8 (19.51%) DevOps

Online 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 3 (7.32%) Apache Spark
1 3 (7.32%) Elasticsearch
2 1 (2.44%) JBoss
2 1 (2.44%) OpenStack
Business Applications
1 4 (9.76%) Distributed Ledger
2 3 (7.32%) Oracle Cash Management
3 1 (2.44%) Temenos T24
Cloud Services
1 19 (46.34%) Azure
2 16 (39.02%) Power Platform
3 8 (19.51%) AWS
4 7 (17.07%) Amazon ECS
5 5 (12.20%) GCP
Communications & Networking
1 6 (14.63%) Internet
2 2 (4.88%) SMS
3 1 (2.44%) ATM
Database & Business Intelligence
1 21 (51.22%) Data Warehouse
2 16 (39.02%) Power BI
2 16 (39.02%) Relational Database
2 16 (39.02%) SQL Server Integration Services
2 16 (39.02%) SQL Server Reporting Services
3 3 (7.32%) Hadoop
4 2 (4.88%) BigQuery
4 2 (4.88%) NoSQL
5 1 (2.44%) SQL Server
Development Applications
1 3 (7.32%) Cucumber
1 3 (7.32%) Git (software)
1 3 (7.32%) Jenkins
1 3 (7.32%) JIRA
1 3 (7.32%) Selenium
1 3 (7.32%) TeamCity
General
1 41 (100.00%) Banking
2 31 (75.61%) Finance
3 16 (39.02%) Legal
4 8 (19.51%) General Ledger
5 4 (9.76%) Law
6 2 (4.88%) Marketing
7 1 (2.44%) Investment Banking
Job Titles
1 16 (39.02%) Business Intelligence Developer
1 16 (39.02%) Developer
2 9 (21.95%) Analyst
3 8 (19.51%) Financial Analyst
4 7 (17.07%) Data Engineer
4 7 (17.07%) Development Analyst
4 7 (17.07%) Development Manager
4 7 (17.07%) Finance Manager
4 7 (17.07%) Process Analyst
5 4 (9.76%) Product Owner
6 3 (7.32%) Cloud Engineer
6 3 (7.32%) DevOps Engineer
6 3 (7.32%) Technical Product Owner
7 2 (4.88%) Banking Project Manager
7 2 (4.88%) Project Manager
8 1 (2.44%) Architect
8 1 (2.44%) Banking Analyst
8 1 (2.44%) Security Architect
8 1 (2.44%) Systems Analyst
8 1 (2.44%) Systems Support Analyst
Libraries, Frameworks & Software Standards
1 5 (12.20%) .NET
1 5 (12.20%) Kafka
2 3 (7.32%) Gherkin
2 3 (7.32%) JSON
3 2 (4.88%) CSS
3 2 (4.88%) HTML
Miscellaneous
1 22 (53.66%) Mobile App
2 20 (48.78%) Mobile Banking
3 16 (39.02%) Reference Data
4 4 (9.76%) Greenfield Project
4 4 (9.76%) SWIFT
5 2 (4.88%) Public Cloud
6 1 (2.44%) Data Centre
Operating Systems
1 1 (2.44%) Linux
1 1 (2.44%) Windows
1 1 (2.44%) Windows Server
Processes & Methodologies
1 25 (60.98%) Analytics
2 23 (56.10%) ETL
3 20 (48.78%) Agile Software Development
4 16 (39.02%) Business Analysis
4 16 (39.02%) Business Development
4 16 (39.02%) Business Intelligence
4 16 (39.02%) Data Strategy
4 16 (39.02%) Master Data Management
5 8 (19.51%) DevOps
5 8 (19.51%) Process Improvement
5 8 (19.51%) Wealth Management
6 7 (17.07%) Change Control
6 7 (17.07%) Fintech
6 7 (17.07%) User Acceptance Testing
7 5 (12.20%) OO
8 4 (9.76%) Cash Management
8 4 (9.76%) Data Mapping
9 3 (7.32%) BDD
9 3 (7.32%) Microservices
9 3 (7.32%) Migration
Programming Languages
1 21 (51.22%) SQL
2 16 (39.02%) T-SQL
3 9 (21.95%) Java
4 8 (19.51%) Python
5 5 (12.20%) C#
6 3 (7.32%) Kotlin
7 1 (2.44%) C
7 1 (2.44%) C++
7 1 (2.44%) JavaScript
7 1 (2.44%) PowerShell
Quality Assurance & Compliance
1 16 (39.02%) Data Quality
2 4 (9.76%) ISO 20022
2 4 (9.76%) PSD2
2 4 (9.76%) TARGET2
System Software
1 4 (9.76%) Docker
Systems Management
1 8 (19.51%) Kubernetes
2 1 (2.44%) Terraform
Vendors
1 4 (9.76%) Oracle
2 2 (4.88%) Salesforce Marketing Cloud
2 2 (4.88%) Salesforce.com
3 1 (2.44%) Microsoft
3 1 (2.44%) Temenos