Period
to 25 May 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 25 May 2020 with a comparison to the same period in the previous 2 years.

EU Revised Directive on Payment Services (PSD2)
UK
6 months to
25 May 2020
Same period 2019 Same period 2018
Rank 858 1003 1069
Rank change year-on-year +145 +66 +87
Permanent jobs citing PSD2 42 101 128
As % of all permanent jobs advertised in the UK 0.046% 0.070% 0.074%
As % of the Quality Assurance & Compliance category 0.37% 0.50% 0.57%
Number of salaries quoted 31 57 82
Median annual salary £70,000 £75,000 £47,500
Median salary % change year-on-year -6.67% +57.89% -42.42%
10th Percentile £42,500 £50,750 £32,800
90th Percentile £85,000 £95,000 £74,875
UK excluding London median annual salary £40,750 £55,000 £45,500
% change year-on-year -25.91% +20.88% -20.52%

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 11,303 20,279 22,336
As % of all permanent IT jobs advertised in the UK 12.26% 13.98% 12.84%
Number of salaries quoted 8,582 14,684 17,180
Median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £29,250 £27,663 £28,000
90th Percentile £85,000 £82,500 £80,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +12.50%

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 25 May 2020.

Salary histogram for PSD2 in the UK

PSD2
Top 9 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 25 May 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 +141 39 £70,000 -6.67%
London +121 36 £70,000 -12.50%
Work from Home +49 6 £45,000 -18.18%
UK excluding London +123 3 £40,750 -25.91%
North of England +108 1 - -
South East +107 1 £51,500 -6.36%
Midlands +93 1 £30,000 -
North East - 1 - -
East Midlands - 1 £30,000 -

For the 6 months to 25 May 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 31 (73.81%) Finance
2 27 (64.29%) Banking
3 13 (30.95%) Agile Software Development
4 12 (28.57%) Fintech
5 10 (23.81%) Risk Management
6 9 (21.43%) SWIFT
7 8 (19.05%) ISO 20022
8 7 (16.67%) Presales
8 7 (16.67%) GDPR
8 7 (16.67%) FATCA
8 7 (16.67%) Identity Management
9 6 (14.29%) Salesforce.com
9 6 (14.29%) Stakeholder Management
9 6 (14.29%) Scrum
9 6 (14.29%) PCI DSS
9 6 (14.29%) Product Management
9 6 (14.29%) SaaS
9 6 (14.29%) AWS
9 6 (14.29%) Temenos T24
9 6 (14.29%) Strategic Roadmap
9 6 (14.29%) Requirements Gathering
9 6 (14.29%) Anti-Money Laundering
10 5 (11.90%) SEPA
10 5 (11.90%) Use Case
10 5 (11.90%) CRM
10 5 (11.90%) Temenos
11 4 (9.52%) IBM
11 4 (9.52%) SQL
11 4 (9.52%) UML
11 4 (9.52%) RequisitePro

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 1 (2.38%) MS Exchange
Business Applications
1 6 (14.29%) Temenos T24
2 4 (9.52%) Actimize
3 2 (4.76%) Salesforce.com CRM
3 2 (4.76%) Social Studio
4 1 (2.38%) Payment Gateway
Cloud Services
1 6 (14.29%) AWS
1 6 (14.29%) SaaS
2 4 (9.52%) PaaS
3 3 (7.14%) Apple Pay
4 2 (4.76%) Salesforce Service Cloud
5 1 (2.38%) Office 365
Communications & Networking
1 2 (4.76%) Internet
2 1 (2.38%) Firewall
2 1 (2.38%) Intrusion Detection
2 1 (2.38%) Network Security
2 1 (2.38%) WebEx
Database & Business Intelligence
1 1 (2.38%) Blockchain
Development Applications
1 4 (9.52%) RequisitePro
2 1 (2.38%) JIRA
2 1 (2.38%) Zephyr
General
1 31 (73.81%) Finance
2 27 (64.29%) Banking
3 4 (9.52%) Billing
3 4 (9.52%) Law
3 4 (9.52%) Legal
4 3 (7.14%) Marketing
5 1 (2.38%) Back Office
5 1 (2.38%) Financial Institution
5 1 (2.38%) Retail
5 1 (2.38%) Retail Banking
Job Titles
1 7 (16.67%) Consultant
2 6 (14.29%) Developer
2 6 (14.29%) Product Manager
3 5 (11.90%) Product Owner
4 4 (9.52%) Architect
4 4 (9.52%) Business Analyst
4 4 (9.52%) Compliance Manager
4 4 (9.52%) Delivery Manager
4 4 (9.52%) Payments Architect
5 3 (7.14%) Analyst
5 3 (7.14%) ForgeRock Developer
5 3 (7.14%) Project Manager
5 3 (7.14%) T24 Developer
6 2 (4.76%) Banking Project Manager
6 2 (4.76%) Cybersecurity Consultant
6 2 (4.76%) Digital Analyst
6 2 (4.76%) Digital Business Analyst
6 2 (4.76%) Security Auditor
6 2 (4.76%) T24 Consultant
6 2 (4.76%) Technical Product Owner
Libraries, Frameworks & Software Standards
1 4 (9.52%) REST
2 1 (2.38%) Elastic Stack
2 1 (2.38%) OAuth
2 1 (2.38%) OpenID
2 1 (2.38%) SAML
2 1 (2.38%) SOAP
2 1 (2.38%) Spring
2 1 (2.38%) Spring Boot
2 1 (2.38%) Web Services
Miscellaneous
1 9 (21.43%) SWIFT
2 4 (9.52%) Management Information System
3 2 (4.76%) Analytical Skills
3 2 (4.76%) Data Protection Act
3 2 (4.76%) EMV
3 2 (4.76%) Self-Motivation
4 1 (2.38%) Bitcoin
4 1 (2.38%) Contactless
4 1 (2.38%) Cyberattack
4 1 (2.38%) EFT
4 1 (2.38%) iPhone
4 1 (2.38%) IVR
4 1 (2.38%) Mobile Payment
4 1 (2.38%) PKI
Operating Systems
1 3 (7.14%) Unix
2 2 (4.76%) Android
2 2 (4.76%) Linux
2 2 (4.76%) Windows
3 1 (2.38%) Apple iOS
3 1 (2.38%) Red Hat Enterprise Linux
Processes & Methodologies
1 13 (30.95%) Agile Software Development
2 12 (28.57%) Fintech
3 10 (23.81%) Risk Management
4 7 (16.67%) Identity Management
4 7 (16.67%) Presales
5 6 (14.29%) Anti-Money Laundering
5 6 (14.29%) Product Management
5 6 (14.29%) Requirements Gathering
5 6 (14.29%) Scrum
5 6 (14.29%) Stakeholder Management
5 6 (14.29%) Strategic Roadmap
6 5 (11.90%) CRM
6 5 (11.90%) Use Case
7 4 (9.52%) Business Analysis
7 4 (9.52%) Business Process Modelling
7 4 (9.52%) Cybersecurity
7 4 (9.52%) DevOps
7 4 (9.52%) Requirements Management
7 4 (9.52%) Software Delivery
7 4 (9.52%) UML
Programming Languages
1 4 (9.52%) SQL
2 1 (2.38%) Java
Qualifications
1 4 (9.52%) Degree
2 2 (4.76%) ISEB
Quality Assurance & Compliance
1 8 (19.05%) ISO 20022
2 7 (16.67%) FATCA
2 7 (16.67%) GDPR
3 6 (14.29%) PCI DSS
4 5 (11.90%) SEPA
5 4 (9.52%) ISO/IEC 27001
6 1 (2.38%) COBIT
6 1 (2.38%) ISO 8583
6 1 (2.38%) NIST
System Software
1 1 (2.38%) Active Directory
1 1 (2.38%) VMware Infrastructure
Systems Management
1 1 (2.38%) HP Quality Center
1 1 (2.38%) Single Sign-On
Vendors
1 6 (14.29%) Salesforce.com
2 5 (11.90%) Temenos
3 4 (9.52%) Borland
3 4 (9.52%) IBM
4 3 (7.14%) Apple
4 3 (7.14%) ForgeRock
4 3 (7.14%) Oracle
5 2 (4.76%) Ingenico
5 2 (4.76%) PayPal
5 2 (4.76%) WorldPay
6 1 (2.38%) Adyen
6 1 (2.38%) CyberSource
6 1 (2.38%) Darktrace
6 1 (2.38%) Gemalto
6 1 (2.38%) Microsoft
6 1 (2.38%) VeriFone
6 1 (2.38%) VMware