Banking Analyst Jobs

Banking Analyst
UK

The median Banking Analyst salary in the UK is £85,000 per year, according to job vacancies posted during the 6 months leading to 10 November 2024.

The table below provides salary benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
10 Nov 2024
Same period 2023 Same period 2022
Rank 734 646 1052
Rank change year-on-year -88 +406 -60
Permanent jobs requiring a Banking Analyst 47 111 78
As % of all permanent jobs advertised in the UK 0.063% 0.20% 0.058%
As % of the Job Titles category 0.066% 0.20% 0.060%
Number of salaries quoted 39 107 66
10th Percentile £50,110 £30,200 £47,500
25th Percentile £71,250 £55,500 £50,000
Median annual salary (50th Percentile) £85,000 £64,500 £65,000
Median % change year-on-year +31.78% -0.77% -
75th Percentile £92,500 £70,000 £77,500
90th Percentile £122,500 £90,000 £83,125
UK excluding London median annual salary - £21,328 -

All Permanent IT Job Vacancies
UK

For comparison with the information above, the following table provides summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

Permanent vacancies in the UK with a recognized job title 70,984 54,408 129,147
% of permanent jobs with a recognized job title 94.53% 95.69% 95.46%
Number of salaries quoted 36,517 39,414 77,717
10th Percentile £31,500 £31,500 £32,500
25th Percentile £42,500 £42,500 £45,000
Median annual salary (50th Percentile) £57,000 £60,000 £60,000
Median % change year-on-year -5.00% - +4.35%
75th Percentile £75,000 £80,000 £80,000
90th Percentile £93,750 £97,500 £97,500
UK excluding London median annual salary £50,500 £52,500 £52,500
% change year-on-year -3.81% - +5.00%

Banking Analyst
Job Vacancy Trend

Job postings that featured Banking Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Banking Analyst in the UK

Banking Analyst
Salary Trend

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

Salary trend for Banking Analyst in the UK

Banking Analyst
Salary Histogram

Salary distribution for jobs citing Banking Analyst over the 6 months to 10 November 2024.

Salary histogram for Banking Analyst in the UK

Banking Analyst
Top 7 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking Analyst within the UK over the 6 months to 10 November 2024. 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 -107 41 £85,000 +31.78% 5
London -41 40 £85,000 +31.78% 4
Work from Home +32 21 £85,000 +54.55% 1
UK excluding London -42 5 - - 1
Scotland - 4 - -
North of England -2 1 - - 1
North West -36 1 - - 1

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 10 November 2024, Banking Analyst job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Banking Analyst in the job title.

1 47 (100.00%) Banking
2 40 (85.11%) Finance
3 32 (68.09%) SQL
4 26 (55.32%) Python
5 23 (48.94%) Agile
6 19 (40.43%) Equities
6 19 (40.43%) Business Analysis
6 19 (40.43%) Investment Banking
6 19 (40.43%) AWS
7 18 (38.30%) Foreign Exchange (FX)
8 17 (36.17%) Fixed Income
9 16 (34.04%) Front Office
9 16 (34.04%) Derivative
10 15 (31.91%) Tableau
10 15 (31.91%) Analytics
10 15 (31.91%) Asset Management
10 15 (31.91%) Linux
10 15 (31.91%) Power BI
10 15 (31.91%) Power Platform
11 14 (29.79%) dbt
11 14 (29.79%) Dremio
11 14 (29.79%) Apache Arrow
11 14 (29.79%) Product Ownership
11 14 (29.79%) Data Lake
11 14 (29.79%) Apache
11 14 (29.79%) Big Data
11 14 (29.79%) Hedge funds
11 14 (29.79%) Investment Management
11 14 (29.79%) FIX Protocol
12 12 (25.53%) Patsystems

Banking Analyst Skill Set
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 14 (29.79%) Apache
2 9 (19.15%) Microsoft Exchange
Applications
1 3 (6.38%) Microsoft Excel
2 1 (2.13%) Microsoft Office
Business Applications
1 12 (25.53%) Fidessa
2 2 (4.26%) Oracle Cash Management
3 1 (2.13%) Oracle ERP
Cloud Services
1 19 (40.43%) AWS
2 15 (31.91%) Power Platform
3 14 (29.79%) dbt
4 3 (6.38%) Azure
5 2 (4.26%) Microsoft 365
Communications & Networking
1 10 (21.28%) DHCP
1 10 (21.28%) DNS
2 9 (19.15%) Firewall
2 9 (19.15%) FIX Connectivity
2 9 (19.15%) TCP/IP
3 3 (6.38%) Multicast
4 1 (2.13%) Telnet
Database & Business Intelligence
1 15 (31.91%) Power BI
1 15 (31.91%) Tableau
2 14 (29.79%) Apache Arrow
2 14 (29.79%) Big Data
2 14 (29.79%) Data Lake
2 14 (29.79%) Dremio
3 10 (21.28%) SQL Server
4 5 (10.64%) Metadata
5 2 (4.26%) MongoDB
5 2 (4.26%) Relational Database
6 1 (2.13%) Data Mining
6 1 (2.13%) KDB
Development Applications
1 2 (4.26%) Bitbucket
1 2 (4.26%) JIRA
2 1 (2.13%) Git
General
1 47 (100.00%) Banking
2 40 (85.11%) Finance
3 19 (40.43%) Investment Banking
4 16 (34.04%) Front Office
5 9 (19.15%) Analytical Skills
6 7 (14.89%) Social Skills
7 5 (10.64%) Presentation Skills
8 4 (8.51%) Spanish Language
9 1 (2.13%) Back Office
9 1 (2.13%) Inclusion and Diversity
9 1 (2.13%) Private Banking
9 1 (2.13%) Telecoms
Libraries, Frameworks & Software Standards
1 14 (29.79%) FIX Protocol
2 1 (2.13%) Playwright
Miscellaneous
1 19 (40.43%) Equities
2 18 (38.30%) Foreign Exchange (FX)
3 17 (36.17%) Fixed Income
4 16 (34.04%) Derivative
5 14 (29.79%) Hedge funds
5 14 (29.79%) Product Ownership
6 12 (25.53%) Eurex
7 7 (14.89%) Onboarding
8 3 (6.38%) Distributed Architecture
8 3 (6.38%) Distributed Computing
9 2 (4.26%) SWIFT Messaging Network
10 1 (2.13%) Algorithms
10 1 (2.13%) Management Information System
10 1 (2.13%) Video Conferencing
10 1 (2.13%) VWAP
Operating Systems
1 15 (31.91%) Linux
2 11 (23.40%) Unix
2 11 (23.40%) Windows
3 10 (21.28%) CentOS
3 10 (21.28%) Ubuntu
4 9 (19.15%) Solaris
5 1 (2.13%) Rocky
Processes & Methodologies
1 23 (48.94%) Agile
2 19 (40.43%) Business Analysis
3 15 (31.91%) Analytics
3 15 (31.91%) Asset Management
4 14 (29.79%) Investment Management
5 10 (21.28%) Client Onboarding
5 10 (21.28%) Problem-Solving
6 9 (19.15%) ITIL
6 9 (19.15%) Requirements Gathering
7 7 (14.89%) Data Analysis
7 7 (14.89%) Use Case
8 6 (12.77%) Data Modelling
8 6 (12.77%) Logical Data Model
9 5 (10.64%) Data Management
9 5 (10.64%) Domain Models
9 5 (10.64%) Electronic Trading
9 5 (10.64%) People Management
9 5 (10.64%) Physical Data Model
9 5 (10.64%) Stakeholder Management
9 5 (10.64%) Workflow
Programming Languages
1 32 (68.09%) SQL
2 26 (55.32%) Python
3 10 (21.28%) Bash
3 10 (21.28%) JavaScript
3 10 (21.28%) PowerShell
4 9 (19.15%) Perl
4 9 (19.15%) Ruby
5 1 (2.13%) R
5 1 (2.13%) Shell Script
5 1 (2.13%) TypeScript
5 1 (2.13%) VBA
Qualifications
1 1 (2.13%) ISEB
1 1 (2.13%) ISTQB
1 1 (2.13%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 5 (10.64%) Data Quality
2 1 (2.13%) QA
System Software
1 1 (2.13%) Active Directory
Vendors
1 12 (25.53%) Bloomberg
1 12 (25.53%) CQG
1 12 (25.53%) ION Trading
1 12 (25.53%) Patsystems
1 12 (25.53%) Reuters
1 12 (25.53%) Trayport
2 10 (21.28%) Oracle
2 10 (21.28%) Red Hat
3 2 (4.26%) Atlassian
3 2 (4.26%) Murex
3 2 (4.26%) PeopleSoft
3 2 (4.26%) Splunk
4 1 (2.13%) Calypso
4 1 (2.13%) Microsoft
4 1 (2.13%) MicroStrategy