Digital Banking
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Digital Banking skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Digital Banking over the 6 months to 19 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
19 May 2024
Same period 2023 Same period 2022
Rank 894 768 775
Rank change year-on-year -126 +7 -51
Permanent jobs citing Digital Banking 13 192 494
As % of all permanent jobs advertised in the UK 0.013% 0.19% 0.31%
As % of the Processes & Methodologies category 0.015% 0.20% 0.32%
Number of salaries quoted 11 147 118
10th Percentile £55,000 £42,874 £37,500
25th Percentile £66,875 £56,219 £54,119
Median annual salary (50th Percentile) £75,000 £66,911 £69,699
Median % change year-on-year +12.09% -4.00% -7.07%
75th Percentile £95,967 £89,852 £100,938
90th Percentile £125,000 £100,000 £145,000
UK excluding London median annual salary £72,500 £59,526 £61,450
% change year-on-year +21.80% -3.13% -5.46%

All Process and Methodology Skills
UK

Digital Banking is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 85,150 95,114 154,445
As % of all permanent jobs advertised in the UK 85.20% 95.57% 95.77%
Number of salaries quoted 59,851 56,202 82,517
10th Percentile £29,079 £34,000 £33,645
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £61,180 £60,000
Median % change year-on-year -10.10% +1.97% +9.09%
75th Percentile £72,500 £81,250 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +10.43%

Digital Banking
Job Vacancy Trend

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

Job vacancy trend for Digital Banking in the UK

Digital Banking
Salary Trend

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

Salary trend for Digital Banking in the UK

Digital Banking
Salary Histogram

Salary distribution for jobs citing Digital Banking over the 6 months to 19 May 2024.

Salary histogram for Digital Banking in the UK

Digital Banking
Top 7 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Digital Banking within the UK over the 6 months to 19 May 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 -82 13 £75,000 +8.00% 18
London +6 6 £83,750 +4.30% 11
UK excluding London -84 6 £72,500 +21.80% 8
Work from Home -77 4 £71,788 +7.29% 11
Midlands +3 3 £70,000 +27.27% 1
South West -13 3 £83,577 +107.10% 5
East Midlands - 3 £70,000 - 1

Digital 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 2 (15.38%) Tomcat
Cloud Services
1 7 (53.85%) AWS
2 1 (7.69%) Azure
2 1 (7.69%) Azure DevOps
2 1 (7.69%) Kong
2 1 (7.69%) Serverless
Database & Business Intelligence
1 1 (7.69%) Big Data
Development Applications
1 4 (30.77%) Git
2 2 (15.38%) JUnit
2 2 (15.38%) Maven
General
1 13 (100.00%) Banking
2 5 (38.46%) Finance
3 4 (30.77%) Retail
4 2 (15.38%) Inclusion and Diversity
4 2 (15.38%) Law
5 1 (7.69%) Analytical Skills
5 1 (7.69%) Financial Institution
5 1 (7.69%) Legal
5 1 (7.69%) Marketing
Job Titles
1 5 (38.46%) Developer
1 5 (38.46%) Senior
2 4 (30.77%) Software Engineer
3 3 (23.08%) Full Stack Developer
3 3 (23.08%) Senior Developer
3 3 (23.08%) Senior Full Stack Developer
4 2 (15.38%) Android Developer
4 2 (15.38%) Android Engineer
4 2 (15.38%) Android Software Engineer
4 2 (15.38%) Developer/Software Engineer
4 2 (15.38%) Risk Manager
4 2 (15.38%) Senior Software Engineer
4 2 (15.38%) Software Developer
4 2 (15.38%) Technology Risk Manager
5 1 (7.69%) Architect
5 1 (7.69%) Data Architect
5 1 (7.69%) Data Integration Architect
5 1 (7.69%) Integration Architect
5 1 (7.69%) Java Engineer
5 1 (7.69%) Technical Leader
Libraries, Frameworks & Software Standards
1 5 (38.46%) RESTful
2 3 (23.08%) Spring
2 3 (23.08%) Spring Boot
3 2 (15.38%) Android Jetpack
3 2 (15.38%) Android SDK
3 2 (15.38%) CSS
3 2 (15.38%) CSS3
3 2 (15.38%) Dagger
3 2 (15.38%) Hibernate
3 2 (15.38%) HTML
3 2 (15.38%) HTML5
3 2 (15.38%) Jetpack Compose
3 2 (15.38%) JSON
3 2 (15.38%) Kafka
3 2 (15.38%) Retrofit
3 2 (15.38%) RxJava
3 2 (15.38%) Web Services
3 2 (15.38%) XML
4 1 (7.69%) Node.js
4 1 (7.69%) SailPoint
Miscellaneous
1 4 (30.77%) Self-Motivation
2 3 (23.08%) Online Banking
3 2 (15.38%) Digital Currency
3 2 (15.38%) Management Information System
4 1 (7.69%) Mobile App
4 1 (7.69%) Mobile Banking
Operating Systems
1 2 (15.38%) Android
1 2 (15.38%) Unix
Processes & Methodologies
1 8 (61.54%) Agile
2 6 (46.15%) Software Engineering
3 5 (38.46%) Mentoring
4 4 (30.77%) API Development
4 4 (30.77%) DevOps
4 4 (30.77%) Microservices
4 4 (30.77%) SOLID
5 3 (23.08%) Architectural Patterns
5 3 (23.08%) Fintech
5 3 (23.08%) Full Stack Development
5 3 (23.08%) TDD
6 2 (15.38%) BDD
6 2 (15.38%) Benchmarking
6 2 (15.38%) MVVM
6 2 (15.38%) OO
6 2 (15.38%) Open Source
6 2 (15.38%) Risk Management
6 2 (15.38%) Stakeholder Management
6 2 (15.38%) UX Design
6 2 (15.38%) Web Design
Programming Languages
1 8 (61.54%) Java
2 3 (23.08%) JavaScript
2 3 (23.08%) Kotlin
2 3 (23.08%) SQL
3 2 (15.38%) Shell Script
4 1 (7.69%) Go
4 1 (7.69%) TypeScript
Qualifications
1 2 (15.38%) CISSP
Quality Assurance & Compliance
1 2 (15.38%) SEPA
2 1 (7.69%) QA
Systems Management
1 1 (7.69%) Kubernetes
Vendors
1 2 (15.38%) Google
2 1 (7.69%) Okta