Period
to 16 January 2021

The following table provides summary statistics for permanent job vacancies with a requirement for PSD2 skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited PSD2 over the 6 months to 16 January 2021 with a comparison to the same period in the previous 2 years.

EU Revised Directive on Payment Services (PSD2)
UK
6 months to
16 Jan 2021
Same period 2020 Same period 2019
Rank 734 968 1027
Rank change year-on-year +234 +59 +113
Permanent jobs citing PSD2 16 72 99
As % of all permanent jobs advertised in the UK 0.026% 0.057% 0.066%
As % of the Quality Assurance & Compliance category 0.21% 0.45% 0.47%
Number of salaries quoted 12 48 51
Median annual salary £73,750 £75,000 £70,000
Median salary % change year-on-year -1.67% +7.14% -
10th Percentile £65,000 £47,500 £45,000
90th Percentile £80,000 £102,500 £95,000
UK excluding London median annual salary - £92,500 £55,000
% change year-on-year - +68.18% -21.43%

PSD2 is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK
Permanent vacancies with a requirement for quality assurance or compliance skills 7,455 15,879 20,951
As % of all permanent IT jobs advertised in the UK 11.98% 12.59% 13.87%
Number of salaries quoted 5,553 12,337 15,569
Median annual salary £52,500 £51,500 £50,000
Median salary % change year-on-year +1.94% +3.00% -
10th Percentile £30,750 £28,500 £27,500
90th Percentile £83,750 £83,750 £80,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +4.65%

PSD2
Job Vacancy Trend

Job postings citing PSD2 as a proportion of all IT jobs advertised.

Job vacancy trend for PSD2 in the UK

PSD2
Salary Trend

3-month moving average salary quoted in jobs citing PSD2.

Salary trend for PSD2 in the UK

PSD2
Salary Histogram

Salary distribution for jobs citing PSD2 over the 6 months to 16 January 2021.

Salary histogram for PSD2 in the UK

PSD2
Top 5 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing PSD2 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 +234 14 £73,750 -1.67% 4
London +178 13 £73,750 -1.67% 4
Work from Home -59 3 £70,000 -30.00%
UK excluding London +194 1 - -
South East +163 1 - -

For the 6 months to 16 January 2021, IT jobs citing PSD2 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 PSD2.

1 12 (75.00%) Fintech
2 7 (43.75%) ISO 20022
3 6 (37.50%) GitLab
3 6 (37.50%) SDLC
3 6 (37.50%) .NET Core
3 6 (37.50%) ASP.NET Core
3 6 (37.50%) SWIFT
3 6 (37.50%) REST
3 6 (37.50%) AngularJS
3 6 (37.50%) Technology Roadmap
3 6 (37.50%) HTML
3 6 (37.50%) JavaScript
3 6 (37.50%) SQL Server
3 6 (37.50%) ASP.NET
3 6 (37.50%) CSS
3 6 (37.50%) .NET
3 6 (37.50%) MySQL
3 6 (37.50%) MVC
3 6 (37.50%) Finance
3 6 (37.50%) Scrum
3 6 (37.50%) Agile Software Development
3 6 (37.50%) Banking
3 6 (37.50%) AWS
4 5 (31.25%) SEPA
5 4 (25.00%) TARGET2
5 4 (25.00%) Mobile Banking
5 4 (25.00%) Distributed Ledger
5 4 (25.00%) Cash Management
5 4 (25.00%) ASP.NET MVC
5 4 (25.00%) Data Mapping

PSD2
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 (18.75%) Apache Spark
1 3 (18.75%) Elasticsearch
Business Applications
1 4 (25.00%) Distributed Ledger
2 3 (18.75%) Oracle Cash Management
Cloud Services
1 6 (37.50%) AWS
2 3 (18.75%) SaaS
Communications & Networking
1 4 (25.00%) Internet
Database & Business Intelligence
1 6 (37.50%) MySQL
1 6 (37.50%) SQL Server
2 3 (18.75%) Hadoop
Development Applications
1 6 (37.50%) GitLab
2 3 (18.75%) Cucumber
2 3 (18.75%) Git (software)
2 3 (18.75%) Jenkins
2 3 (18.75%) JIRA
2 3 (18.75%) Selenium
2 3 (18.75%) TeamCity
General
1 6 (37.50%) Banking
1 6 (37.50%) Finance
2 4 (25.00%) Law
3 2 (12.50%) Public Sector
3 2 (12.50%) Retail Banking
4 1 (6.25%) Investment Banking
Job Titles
1 4 (25.00%) .NET Developer
1 4 (25.00%) Consultant
1 4 (25.00%) Developer
1 4 (25.00%) Lead .NET Developer
1 4 (25.00%) Lead Developer
1 4 (25.00%) Product Owner
1 4 (25.00%) Senior Consultant
2 3 (18.75%) .NET Software Developer
2 3 (18.75%) Architect
2 3 (18.75%) Lead Software Developer
2 3 (18.75%) Payments Consultant
2 3 (18.75%) Senior Payments Consultant
2 3 (18.75%) Software Developer
2 3 (18.75%) Solutions Consultant
2 3 (18.75%) Technical Product Owner
3 2 (12.50%) Lead Architect
3 2 (12.50%) Lead Software Architect
3 2 (12.50%) Senior Developer
3 2 (12.50%) Software Architect
3 2 (12.50%) Technical Architect
Libraries, Frameworks & Software Standards
1 6 (37.50%) .NET
1 6 (37.50%) .NET Core
1 6 (37.50%) AngularJS
1 6 (37.50%) ASP.NET
1 6 (37.50%) ASP.NET Core
1 6 (37.50%) CSS
1 6 (37.50%) HTML
1 6 (37.50%) REST
2 4 (25.00%) ASP.NET MVC
3 3 (18.75%) Gherkin
3 3 (18.75%) JSON
3 3 (18.75%) Kafka
3 3 (18.75%) Web Services
Miscellaneous
1 6 (37.50%) SWIFT
2 4 (25.00%) Mobile Banking
2 4 (25.00%) Online Banking
3 3 (18.75%) Foreign Exchange (FX)
4 2 (12.50%) Public Cloud
Operating Systems
1 1 (6.25%) Linux
1 1 (6.25%) Mac OS X
1 1 (6.25%) Windows
Processes & Methodologies
1 12 (75.00%) Fintech
2 6 (37.50%) Agile Software Development
2 6 (37.50%) MVC
2 6 (37.50%) Scrum
2 6 (37.50%) SDLC
2 6 (37.50%) Technology Roadmap
3 4 (25.00%) Cash Management
3 4 (25.00%) Data Mapping
4 3 (18.75%) Acceptance Criteria
4 3 (18.75%) BDD
4 3 (18.75%) Information Security
4 3 (18.75%) Presales
4 3 (18.75%) Stakeholder Management
4 3 (18.75%) User Stories
5 2 (12.50%) Cybersecurity
5 2 (12.50%) Microservices
5 2 (12.50%) Risk Management
5 2 (12.50%) Security Management
6 1 (6.25%) Computer Forensics
6 1 (6.25%) Penetration Testing
Programming Languages
1 6 (37.50%) JavaScript
2 3 (18.75%) Java
2 3 (18.75%) Kotlin
2 3 (18.75%) SQL
Qualifications
1 2 (12.50%) Degree
Quality Assurance & Compliance
1 7 (43.75%) ISO 20022
2 5 (31.25%) SEPA
3 4 (25.00%) TARGET2
4 1 (6.25%) GDPR
4 1 (6.25%) PCI DSS
Vendors
1 3 (18.75%) Oracle