Period
to 10 August 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 10 August 2020 with a comparison to the same period in the previous 2 years.

EU Revised Directive on Payment Services (PSD2)
UK
6 months to
10 Aug 2020
Same period 2019 Same period 2018
Rank 754 1032 1075
Rank change year-on-year +278 +43 +83
Permanent jobs citing PSD2 23 72 114
As % of all permanent jobs advertised in the UK 0.036% 0.050% 0.066%
As % of the Quality Assurance & Compliance category 0.29% 0.38% 0.51%
Number of salaries quoted 23 42 77
Median annual salary £67,500 £72,500 £50,000
Median salary % change year-on-year -6.90% +45.00% -38.46%
10th Percentile £42,500 £50,125 £36,250
90th Percentile £90,000 £95,000 £94,250
UK excluding London median annual salary £51,500 £53,750 £42,500
% change year-on-year -4.19% +26.47% -19.05%

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 7,838 19,183 22,516
As % of all permanent IT jobs advertised in the UK 12.19% 13.35% 13.13%
Number of salaries quoted 5,935 14,178 17,080
Median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £30,000 £28,000 £28,500
90th Percentile £85,000 £83,750 £80,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +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 10 August 2020.

Salary histogram for PSD2 in the UK

PSD2
Top 7 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 10 August 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 +291 23 £67,500 -8.47% 1
London +191 21 £68,750 -11.29% 1
Work from Home +75 4 £56,250 +2.27%
UK excluding London +248 2 £51,500 -4.19%
South East +180 1 £51,500 -
North of England +149 1 - -
North East - 1 - -

For the 6 months to 10 August 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 16 (69.57%) Banking
2 12 (52.17%) Finance
3 7 (30.43%) Fintech
4 5 (21.74%) PCI DSS
5 4 (17.39%) Degree
5 4 (17.39%) SaaS
5 4 (17.39%) Anti-Money Laundering
5 4 (17.39%) SQL
5 4 (17.39%) Risk Management
5 4 (17.39%) Information Security
5 4 (17.39%) Agile Software Development
5 4 (17.39%) Business Analysis
6 3 (13.04%) Unix
6 3 (13.04%) Apple
6 3 (13.04%) FATCA
6 3 (13.04%) Cybersecurity
6 3 (13.04%) Use Case
6 3 (13.04%) Temenos T24
6 3 (13.04%) Product Management
6 3 (13.04%) ISO/IEC 27001
6 3 (13.04%) Apple Pay
7 2 (8.70%) Self-Motivation
7 2 (8.70%) Requirements Gathering
7 2 (8.70%) Digital Banking
7 2 (8.70%) Analytical Thinking
7 2 (8.70%) Business Process Modelling
7 2 (8.70%) Salesforce Service Cloud
7 2 (8.70%) ISMS
7 2 (8.70%) Kanban
7 2 (8.70%) Data Protection

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:

Business Applications
1 3 (13.04%) Temenos T24
2 2 (8.70%) Actimize
2 2 (8.70%) Social Studio
3 1 (4.35%) Payment Gateway
Cloud Services
1 4 (17.39%) SaaS
2 3 (13.04%) Apple Pay
3 2 (8.70%) AWS
3 2 (8.70%) PaaS
3 2 (8.70%) Salesforce Service Cloud
Communications & Networking
1 2 (8.70%) Internet
2 1 (4.35%) WebEx
Database & Business Intelligence
1 1 (4.35%) Blockchain
Development Applications
1 2 (8.70%) JIRA
1 2 (8.70%) RequisitePro
2 1 (4.35%) Zephyr
General
1 16 (69.57%) Banking
2 12 (52.17%) Finance
3 2 (8.70%) Billing
3 2 (8.70%) Financial Institution
3 2 (8.70%) Law
3 2 (8.70%) Retail Banking
4 1 (4.35%) Advertising
4 1 (4.35%) Back Office
4 1 (4.35%) French Language
4 1 (4.35%) Retail
Job Titles
1 8 (34.78%) Consultant
2 3 (13.04%) Developer
2 3 (13.04%) Project Manager
2 3 (13.04%) T24 Developer
2 3 (13.04%) Technical Consultant
3 2 (8.70%) Analyst
3 2 (8.70%) Architect
3 2 (8.70%) Auditor
3 2 (8.70%) Banking Project Manager
3 2 (8.70%) Business Analyst
3 2 (8.70%) Cybersecurity Consultant
3 2 (8.70%) Digital Analyst
3 2 (8.70%) Digital Business Analyst
3 2 (8.70%) Functional Consultant
3 2 (8.70%) Operations Manager
3 2 (8.70%) Payments Architect
3 2 (8.70%) Presales Consultant
3 2 (8.70%) Security Auditor
3 2 (8.70%) Security Consultant
3 2 (8.70%) Technical Manager
Libraries, Frameworks & Software Standards
1 2 (8.70%) REST
2 1 (4.35%) OAuth
2 1 (4.35%) OpenID
2 1 (4.35%) SAML
2 1 (4.35%) SOAP
2 1 (4.35%) Spring
2 1 (4.35%) Spring Boot
2 1 (4.35%) Web Services
Miscellaneous
1 2 (8.70%) Analytical Skills
1 2 (8.70%) Data Protection Act
1 2 (8.70%) EMV
1 2 (8.70%) Management Information System
1 2 (8.70%) Self-Motivation
1 2 (8.70%) SWIFT
2 1 (4.35%) Bitcoin
2 1 (4.35%) Contactless
2 1 (4.35%) EFT
2 1 (4.35%) iPhone
2 1 (4.35%) IVR
2 1 (4.35%) Mobile Payment
2 1 (4.35%) mPOS
2 1 (4.35%) PKI
Operating Systems
1 3 (13.04%) Unix
2 2 (8.70%) Android
3 1 (4.35%) Apple iOS
3 1 (4.35%) Linux
3 1 (4.35%) Windows
Processes & Methodologies
1 7 (30.43%) Fintech
2 4 (17.39%) Agile Software Development
2 4 (17.39%) Anti-Money Laundering
2 4 (17.39%) Business Analysis
2 4 (17.39%) Information Security
2 4 (17.39%) Risk Management
3 3 (13.04%) Cybersecurity
3 3 (13.04%) Product Management
3 3 (13.04%) Use Case
4 2 (8.70%) Analytical Thinking
4 2 (8.70%) Business Process Modelling
4 2 (8.70%) Coaching
4 2 (8.70%) DevOps
4 2 (8.70%) Digital Banking
4 2 (8.70%) IT Audit
4 2 (8.70%) Presales
4 2 (8.70%) Requirements Gathering
4 2 (8.70%) Stakeholder Engagement
4 2 (8.70%) Test Strategy
4 2 (8.70%) Waterfall
Programming Languages
1 4 (17.39%) SQL
2 2 (8.70%) Java
3 1 (4.35%) Go
3 1 (4.35%) Python
Qualifications
1 4 (17.39%) Degree
2 2 (8.70%) ISEB
Quality Assurance & Compliance
1 5 (21.74%) PCI DSS
2 3 (13.04%) FATCA
2 3 (13.04%) ISO/IEC 27001
3 2 (8.70%) GDPR
3 2 (8.70%) ISO 20022
3 2 (8.70%) SEPA
4 1 (4.35%) COBIT
4 1 (4.35%) ISO 8583
4 1 (4.35%) NIST
Systems Management
1 1 (4.35%) HP Quality Center
Vendors
1 3 (13.04%) Apple
2 2 (8.70%) Borland
2 2 (8.70%) IBM
2 2 (8.70%) Ingenico
2 2 (8.70%) Oracle
2 2 (8.70%) PayPal
2 2 (8.70%) Salesforce.com
2 2 (8.70%) Temenos
2 2 (8.70%) WorldPay
3 1 (4.35%) Adyen
3 1 (4.35%) CyberSource
3 1 (4.35%) Gemalto
3 1 (4.35%) Splunk
3 1 (4.35%) Tableau
3 1 (4.35%) VeriFone