Period
to 20 October 2020

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 20 October 2020 with a comparison to the same period in the previous 2 years.

EU Revised Directive on Payment Services (PSD2)
UK
6 months to
20 Oct 2020
Same period 2019 Same period 2018
Rank 662 976 1097
Rank change year-on-year +314 +121 +59
Permanent jobs citing PSD2 18 87 73
As % of all permanent jobs advertised in the UK 0.037% 0.064% 0.045%
As % of the Quality Assurance & Compliance category 0.31% 0.48% 0.34%
Number of salaries quoted 17 56 48
Median annual salary £75,000 £75,000 £63,750
Median salary % change year-on-year - +17.65% -20.31%
10th Percentile £59,300 £56,250 £37,500
90th Percentile £80,000 £102,500 £94,125
UK excluding London median annual salary - £96,250 £45,500
% change year-on-year - +111.54% -31.32%

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 5,768 17,971 21,557
As % of all permanent IT jobs advertised in the UK 11.81% 13.21% 13.19%
Number of salaries quoted 4,497 13,417 16,354
Median annual salary £55,000 £50,000 £50,000
Median salary % change year-on-year +10.00% - -
10th Percentile £31,250 £28,250 £28,000
90th Percentile £86,250 £82,500 £80,000
UK excluding London median annual salary £50,000 £45,000 £45,000
% change year-on-year +11.11% - +5.88%

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 20 October 2020.

Salary histogram for PSD2 in the UK

PSD2
Top 3 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 20 October 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 +303 18 £75,000 - 6
London +221 18 £75,000 - 4
Work from Home +40 4 £72,500 -27.50% 1

For the 6 months to 20 October 2020, 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 (66.67%) Banking
2 11 (61.11%) Finance
3 9 (50.00%) Fintech
4 7 (38.89%) Agile Software Development
5 6 (33.33%) Scrum
5 6 (33.33%) SWIFT
6 5 (27.78%) AWS
7 4 (22.22%) Cash Management
7 4 (22.22%) Data Mapping
7 4 (22.22%) Online Banking
7 4 (22.22%) Degree
7 4 (22.22%) JIRA
7 4 (22.22%) Law
7 4 (22.22%) MVC
7 4 (22.22%) Internet
7 4 (22.22%) HTML
7 4 (22.22%) Java
7 4 (22.22%) JavaScript
7 4 (22.22%) SQL Server
7 4 (22.22%) ASP.NET
7 4 (22.22%) CSS
7 4 (22.22%) .NET
7 4 (22.22%) MySQL
7 4 (22.22%) GitLab
7 4 (22.22%) SDLC
7 4 (22.22%) TARGET2
7 4 (22.22%) ISO 20022
7 4 (22.22%) REST
7 4 (22.22%) AngularJS
7 4 (22.22%) Mobile Banking

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 (16.67%) Apache Spark
1 3 (16.67%) Elasticsearch
Business Applications
1 4 (22.22%) Distributed Ledger
2 3 (16.67%) Oracle Cash Management
Cloud Services
1 5 (27.78%) AWS
2 1 (5.56%) SaaS
Communications & Networking
1 4 (22.22%) Internet
Database & Business Intelligence
1 4 (22.22%) MySQL
1 4 (22.22%) SQL Server
2 3 (16.67%) Hadoop
Development Applications
1 4 (22.22%) GitLab
1 4 (22.22%) JIRA
2 3 (16.67%) Cucumber
2 3 (16.67%) Git (software)
2 3 (16.67%) Jenkins
2 3 (16.67%) Selenium
2 3 (16.67%) TeamCity
General
1 12 (66.67%) Banking
2 11 (61.11%) Finance
3 4 (22.22%) Law
4 3 (16.67%) Retail Banking
5 2 (11.11%) Financial Institution
5 2 (11.11%) Public Sector
6 1 (5.56%) Advertising
6 1 (5.56%) French Language
6 1 (5.56%) Investment Banking
Job Titles
1 5 (27.78%) Product Owner
2 3 (16.67%) Technical Product Owner
3 2 (11.11%) .NET Developer
3 2 (11.11%) .NET Developer - Fintech
3 2 (11.11%) Analyst
3 2 (11.11%) Business Analyst
3 2 (11.11%) Developer
3 2 (11.11%) Digital Analyst
3 2 (11.11%) Digital Business Analyst
3 2 (11.11%) Finance Manager
3 2 (11.11%) Lead .NET Developer
3 2 (11.11%) Lead Developer
3 2 (11.11%) Security Manager
3 2 (11.11%) Senior .NET Developer
3 2 (11.11%) Senior Developer
4 1 (5.56%) Banking Project Manager
4 1 (5.56%) Consultant
4 1 (5.56%) Payments Consultant
4 1 (5.56%) Security Auditor
4 1 (5.56%) Senior Manager
Libraries, Frameworks & Software Standards
1 4 (22.22%) .NET
1 4 (22.22%) .NET Core
1 4 (22.22%) AngularJS
1 4 (22.22%) ASP.NET
1 4 (22.22%) ASP.NET Core
1 4 (22.22%) CSS
1 4 (22.22%) HTML
1 4 (22.22%) REST
2 3 (16.67%) Gherkin
2 3 (16.67%) JSON
2 3 (16.67%) Kafka
3 2 (11.11%) ASP.NET MVC
4 1 (5.56%) Web Services
Miscellaneous
1 6 (33.33%) SWIFT
2 4 (22.22%) Mobile Banking
2 4 (22.22%) Online Banking
3 2 (11.11%) Public Cloud
4 1 (5.56%) Data Protection Act
4 1 (5.56%) Foreign Exchange (FX)
4 1 (5.56%) mPOS
Processes & Methodologies
1 9 (50.00%) Fintech
2 7 (38.89%) Agile Software Development
3 6 (33.33%) Scrum
4 4 (22.22%) Cash Management
4 4 (22.22%) Data Mapping
4 4 (22.22%) MVC
4 4 (22.22%) SDLC
4 4 (22.22%) Technology Roadmap
5 3 (16.67%) Acceptance Criteria
5 3 (16.67%) BDD
5 3 (16.67%) Information Security
5 3 (16.67%) User Stories
6 2 (11.11%) Business Analysis
6 2 (11.11%) Change Management
6 2 (11.11%) Cybersecurity
6 2 (11.11%) Digital Banking
6 2 (11.11%) GAP Analysis
6 2 (11.11%) Microservices
6 2 (11.11%) Risk Management
6 2 (11.11%) Security Management
Programming Languages
1 4 (22.22%) Java
1 4 (22.22%) JavaScript
2 3 (16.67%) Kotlin
2 3 (16.67%) SQL
3 1 (5.56%) Go
3 1 (5.56%) Python
Qualifications
1 4 (22.22%) Degree
2 2 (11.11%) ISEB
Quality Assurance & Compliance
1 4 (22.22%) ISO 20022
1 4 (22.22%) TARGET2
2 2 (11.11%) SEPA
3 1 (5.56%) GDPR
3 1 (5.56%) ISO/IEC 27001
3 1 (5.56%) PCI DSS
Vendors
1 3 (16.67%) Oracle
2 1 (5.56%) Splunk
2 1 (5.56%) Tableau