Retail Banking
UK

The table below looks at the prevalence of the term Retail Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Retail Banking over the 6 months to 30 November 2023 with a comparison to the same period over the previous 2 years.

6 months to
30 Nov 2023
Same period 2022 Same period 2021
Rank 576 652 807
Rank change year-on-year +76 +155 -180
Permanent jobs citing Retail Banking 151 489 298
As % of all permanent jobs advertised in the UK 0.28% 0.39% 0.23%
As % of the General category 0.43% 0.56% 0.38%
Number of salaries quoted 130 314 157
10th Percentile £57,250 £48,425 £34,500
25th Percentile £63,631 £63,090 £53,750
Median annual salary (50th Percentile) £75,554 £73,500 £66,786
Median % change year-on-year +2.79% +10.05% -25.79%
75th Percentile £89,375 £97,290 £90,000
90th Percentile £123,875 £105,000 £116,750
UK excluding London median annual salary £75,554 £67,086 £53,500
% change year-on-year +12.62% +25.39% -10.83%

All General Skills
UK

Retail Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for common skills.

Permanent vacancies with a requirement for common skills 35,395 86,706 77,571
As % of all permanent jobs advertised in the UK 65.73% 68.61% 59.92%
Number of salaries quoted 24,862 49,163 47,899
10th Percentile £30,876 £32,500 £31,500
25th Percentile £42,500 £45,000 £42,000
Median annual salary (50th Percentile) £60,000 £60,000 £57,500
Median % change year-on-year - +4.35% +4.55%
75th Percentile £80,000 £82,500 £78,750
90th Percentile £100,000 £100,000 £97,500
UK excluding London median annual salary £50,500 £52,500 £49,000
% change year-on-year -3.81% +7.14% +3.16%

Retail Banking
Job Vacancy Trend

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

Job vacancy trend for Retail Banking in the UK

Retail Banking
Salary Trend

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

Salary trend for Retail Banking in the UK

Retail Banking
Salary Histogram

Salary distribution for jobs citing Retail Banking over the 6 months to 30 November 2023.

Salary histogram for Retail Banking in the UK

Retail Banking
Top 14 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Retail Banking within the UK over the 6 months to 30 November 2023. 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
Jobs
England +35 121 £75,554 +0.74% 33
Work from Home +113 102 £75,554 +6.81% 8
UK excluding London +225 91 £75,554 +12.62% 10
London +14 55 £79,632 -0.82% 26
North of England +162 38 £75,554 +12.62% 3
Scotland +59 26 £79,816 +18.98% 3
North West +116 19 £75,554 +12.62% 3
Yorkshire +88 19 £75,554 +37.67%
South West +61 16 £73,065 +14.24%
West Midlands +132 7 £59,556 -49.43% 1
Midlands +126 7 £59,556 -49.43% 1
East of England +123 2 £77,500 +24.00%
South East +148 1 £125,000 +86.33% 2
Wales - 1 £65,066 -

Retail Banking
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 24 (15.89%) Jetty
1 24 (15.89%) Tomcat
2 9 (5.96%) SAS
3 5 (3.31%) Apache Spark
4 2 (1.32%) Adobe Experience Manager
4 2 (1.32%) Apache
4 2 (1.32%) Confluence
4 2 (1.32%) WebSphere
4 2 (1.32%) WebSphere Application Server
5 1 (0.66%) Apache Airflow
5 1 (0.66%) Apache Solr
Applications
1 3 (1.99%) Microsoft Excel
2 2 (1.32%) Microsoft Office
2 2 (1.32%) Microsoft PowerPoint
3 1 (0.66%) Spreadsheet
Cloud Services
1 22 (14.57%) Azure
2 20 (13.25%) AWS
3 16 (10.60%) GCP
4 9 (5.96%) Google Kubernetes Engine
5 7 (4.64%) SaaS
6 4 (2.65%) GitHub
6 4 (2.65%) OpenShift
7 3 (1.99%) Power Platform
8 2 (1.32%) Azure DevOps
8 2 (1.32%) Snowflake
9 1 (0.66%) GitHub Actions
9 1 (0.66%) Salesforce Sales Cloud
9 1 (0.66%) Salesforce Service Cloud
Communications & Networking
1 40 (26.49%) Internet
Database & Business Intelligence
1 26 (17.22%) Big Data
1 26 (17.22%) Hadoop
2 12 (7.95%) BigQuery
3 8 (5.30%) Data Warehouse
4 6 (3.97%) Data Mining
5 5 (3.31%) SQL Server
6 4 (2.65%) NoSQL
6 4 (2.65%) SQL Server Integration Services
6 4 (2.65%) Tableau
7 3 (1.99%) OLAP
7 3 (1.99%) OLAP Cube
7 3 (1.99%) Power BI
7 3 (1.99%) Star Schema
8 2 (1.32%) Apache Hive
8 2 (1.32%) Azure SQL Database
8 2 (1.32%) Data Lake
8 2 (1.32%) DB2
9 1 (0.66%) Flink
9 1 (0.66%) HBase
9 1 (0.66%) Parquet
Development Applications
1 32 (21.19%) Jenkins
2 24 (15.89%) Git
3 23 (15.23%) IBM UrbanCode
4 17 (11.26%) SonarQube
5 6 (3.97%) JIRA
6 4 (2.65%) Maven
7 3 (1.99%) Sonatype Nexus
8 1 (0.66%) Appium
8 1 (0.66%) Artifactory
8 1 (0.66%) CircleCI
8 1 (0.66%) Cucumber
8 1 (0.66%) Cypress.io
8 1 (0.66%) Postman
8 1 (0.66%) REST Assured
8 1 (0.66%) Selenium
8 1 (0.66%) Snyk
8 1 (0.66%) SoapUI
8 1 (0.66%) TeamCity
General
1 135 (89.40%) Banking
2 117 (77.48%) Finance
3 55 (36.42%) Retail
4 46 (30.46%) Social Skills
5 31 (20.53%) Analytical Skills
6 16 (10.60%) Organisational Skills
7 12 (7.95%) Presentation Skills
8 10 (6.62%) Influencing Skills
9 5 (3.31%) Documentation Skills
9 5 (3.31%) Telecoms
10 4 (2.65%) Investment Banking
11 3 (1.99%) Inclusion and Diversity
11 3 (1.99%) Private Banking
12 2 (1.32%) Marketing
13 1 (0.66%) Brand Awareness
13 1 (0.66%) Front Office
13 1 (0.66%) International Banking
13 1 (0.66%) Retail Finance
Job Titles
1 38 (25.17%) Architect
2 35 (23.18%) Solutions Architect
3 33 (21.85%) Senior
4 26 (17.22%) DevOps Engineer
5 20 (13.25%) Analyst
6 18 (11.92%) Lead
7 15 (9.93%) Performance Manager
8 14 (9.27%) Senior DevOps
8 14 (9.27%) Senior DevOps Engineer
9 12 (7.95%) Insight Manager
10 11 (7.28%) Software Engineer
11 10 (6.62%) Senior Analyst
12 9 (5.96%) Lead Software Engineer
13 7 (4.64%) Business Analyst
14 6 (3.97%) Customer Analyst
14 6 (3.97%) Developer
14 6 (3.97%) Operations Manager
14 6 (3.97%) Technical Manager
14 6 (3.97%) Technical Operations Manager
15 5 (3.31%) Consultant
Libraries, Frameworks & Software Standards
1 28 (18.54%) Spring
2 27 (17.88%) JSON
3 24 (15.89%) CSS
3 24 (15.89%) HTML
3 24 (15.89%) jQuery
3 24 (15.89%) XML
4 6 (3.97%) Kafka
5 4 (2.65%) RESTful
5 4 (2.65%) Spring Boot
6 3 (1.99%) J2EE
6 3 (1.99%) REST
7 2 (1.32%) .NET
7 2 (1.32%) JSR 170
7 2 (1.32%) OSGi
7 2 (1.32%) WPF
8 1 (0.66%) Apache Avro
8 1 (0.66%) Gherkin
8 1 (0.66%) Middleware
8 1 (0.66%) SOAP
8 1 (0.66%) Web Services
Miscellaneous
1 40 (26.49%) Online Banking
2 27 (17.88%) Public Cloud
3 16 (10.60%) Robotics
4 14 (9.27%) Product Ownership
5 12 (7.95%) PMI
6 8 (5.30%) Mainframe
7 6 (3.97%) Credit Risk
8 5 (3.31%) FMCG
8 5 (3.31%) Market Risk
9 3 (1.99%) Self-Motivation
10 1 (0.66%) Analytical Mindset
10 1 (0.66%) Data Centre
10 1 (0.66%) Distributed Applications
10 1 (0.66%) Distributed Systems
10 1 (0.66%) Greenfield Project
10 1 (0.66%) Marketing Technology
10 1 (0.66%) Mobile Banking
10 1 (0.66%) Reference Data
10 1 (0.66%) Reinsurance
10 1 (0.66%) Social Media
Operating Systems
1 10 (6.62%) Linux
1 10 (6.62%) Windows
2 8 (5.30%) Unix
3 7 (4.64%) CoreOS
3 7 (4.64%) zOS
4 3 (1.99%) Windows Server
5 1 (0.66%) Red Hat Enterprise Linux
Processes & Methodologies
1 101 (66.89%) Agile
2 71 (47.02%) DevOps
3 37 (24.50%) Customer Experience
3 37 (24.50%) Technical Leadership
4 35 (23.18%) Problem-Solving
5 31 (20.53%) Microservices
6 29 (19.21%) Data Science
7 28 (18.54%) Scrum
8 25 (16.56%) Artificial Intelligence
8 25 (16.56%) Open Source
9 23 (15.23%) Analytics
9 23 (15.23%) Coaching
9 23 (15.23%) Data Strategy
10 20 (13.25%) Mentoring
11 19 (12.58%) Planning and Forecasting
11 19 (12.58%) Strategic Thinking
12 18 (11.92%) CI/CD
13 17 (11.26%) Roadmaps
13 17 (11.26%) SDLC
13 17 (11.26%) Thought Leadership
Programming Languages
1 67 (44.37%) Python
2 56 (37.09%) Java
2 56 (37.09%) SQL
3 40 (26.49%) JavaScript
4 4 (2.65%) C#
5 3 (1.99%) Shell Script
6 2 (1.32%) R
6 2 (1.32%) Scala
7 1 (0.66%) JCL
7 1 (0.66%) Lua
7 1 (0.66%) Perl
7 1 (0.66%) T-SQL
7 1 (0.66%) VBA
Qualifications
1 12 (7.95%) Degree
1 12 (7.95%) PMI Certification
2 7 (4.64%) Computer Science Degree
3 1 (0.66%) CISA
3 1 (0.66%) CISSP
3 1 (0.66%) PMP
3 1 (0.66%) RHCE
3 1 (0.66%) RHCSA
Quality Assurance & Compliance
1 6 (3.97%) Actionable Recommendations
2 1 (0.66%) Data Quality
System Software
1 30 (19.87%) Docker
2 3 (1.99%) Active Directory
2 3 (1.99%) Hyper-V
2 3 (1.99%) VMware Infrastructure
3 2 (1.32%) HDFS
4 1 (0.66%) Apache Flume
Systems Management
1 42 (27.81%) Kubernetes
2 13 (8.61%) Terraform
3 7 (4.64%) CA Endevor
4 3 (1.99%) Ansible
4 3 (1.99%) Rancher
5 1 (0.66%) Apache Ranger
5 1 (0.66%) Control-M
5 1 (0.66%) Hadoop YARN
5 1 (0.66%) Istio
5 1 (0.66%) Oozie
Vendors
1 21 (13.91%) Google
2 16 (10.60%) IBM
3 14 (9.27%) Veracode
4 7 (4.64%) Salesforce
5 6 (3.97%) Teradata
6 5 (3.31%) Microsoft
7 4 (2.65%) Databricks
8 3 (1.99%) VMware
9 2 (1.32%) Adobe
10 1 (0.66%) Bloomberg
10 1 (0.66%) Cloudera
10 1 (0.66%) Oracle
10 1 (0.66%) Red Hat
10 1 (0.66%) Salesforce Marketing Cloud
10 1 (0.66%) SAP
10 1 (0.66%) Twitter