TARGET2 Job Trends

TARGET2
UK

The table below provides summary statistics and salary benchmarking for jobs requiring TARGET2 skills. It covers permanent job vacancies from the 6 months leading up to 7 January 2026, with comparisons to the same periods in the previous two years.

6 months to
7 Jan 2026
Same period 2025 Same period 2024
Rank 631 698 -
Rank change year-on-year +67 - -
Permanent jobs citing TARGET2 11 5 0
As % of all permanent jobs in the UK 0.018% 0.009% -
As % of the Quality Assurance & Compliance category 0.14% 0.057% -
Number of salaries quoted 0 0 0
Median annual salary (50th Percentile) - - -
UK excluding London median annual salary - - -

All Quality Assurance and Compliance Skills
UK

TARGET2 falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all permanent job vacancies requiring quality assurance or compliance skills.

Permanent vacancies with a requirement for quality assurance or compliance skills 7,852 8,753 7,880
As % of all permanent jobs advertised in the UK 13.14% 16.13% 14.66%
Number of salaries quoted 4,378 3,884 5,771
10th Percentile £30,500 £31,925 £31,000
25th Percentile £41,250 £42,500 £41,250
Median annual salary (50th Percentile) £58,500 £60,000 £59,556
Median % change year-on-year -2.50% +0.75% +3.57%
75th Percentile £78,750 £78,750 £76,250
90th Percentile £95,000 £95,000 £95,000
UK excluding London median annual salary £50,000 £52,500 £52,000
% change year-on-year -4.76% +0.96% +4.00%

TARGET2
Job Vacancy Trend

Historical trend showing the proportion of permanent IT job postings citing TARGET2 relative to all permanent IT jobs advertised.

TARGET2 job vacancy trend in the UK

TARGET2
Salary Trend

Salary distribution trend for jobs in the UK citing TARGET2.

Salary distribution trend for jobs in the UK citing TARGET2

TARGET2
Top 5 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing TARGET2 within the UK over the 6 months to 7 January 2026. 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 +95 11 - - 2
UK excluding London +61 8 - - 1
North West +29 8 - - 1
North of England +20 8 - - 1
London +52 3 - - 1

TARGET2
Co-Occurring Skills & Capabilities by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

General
1 11 (100.00%) Banking
2 7 (63.64%) Billing
2 7 (63.64%) Finance
2 7 (63.64%) Financial Institution
3 4 (36.36%) Analytical Skills
3 4 (36.36%) Social Skills
Job Titles
1 7 (63.64%) Architect
1 7 (63.64%) Payments Architect
2 4 (36.36%) Business Analyst
2 4 (36.36%) Payments Business Analyst
Miscellaneous
1 11 (100.00%) SWIFT Messaging Network
2 7 (63.64%) Foreign Exchange (FX)
Processes & Methodologies
1 11 (100.00%) Agile
1 11 (100.00%) Business Analysis
2 7 (63.64%) Fintech
2 7 (63.64%) GAP Analysis
2 7 (63.64%) Migration
2 7 (63.64%) Requirements Gathering
2 7 (63.64%) Technical Leadership
2 7 (63.64%) Validation
3 6 (54.55%) AI
3 6 (54.55%) Artificial Intelligence Engineering
3 6 (54.55%) Software Engineering
4 4 (36.36%) Analytical Thinking
4 4 (36.36%) Creative Thinking
4 4 (36.36%) Epics
4 4 (36.36%) Product Backlog
4 4 (36.36%) Product Roadmap
4 4 (36.36%) Product Vision
4 4 (36.36%) Requirements Workshops
4 4 (36.36%) Roadmaps
4 4 (36.36%) Scaled Agile Framework
Quality Assurance & Compliance
1 11 (100.00%) SEPA
2 7 (63.64%) ISO 20022