Know Your Customers/Clients (KYC)
UK

The following table provides summary statistics for permanent job vacancies with a requirement for KYC skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited KYC 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 720 872 1052
Rank change year-on-year +152 +180 -172
Permanent jobs citing KYC 190 88 177
As % of all permanent jobs advertised in the UK 0.19% 0.088% 0.11%
As % of the Processes & Methodologies category 0.22% 0.093% 0.11%
Number of salaries quoted 48 26 45
10th Percentile £32,000 - £34,500
25th Percentile £34,500 £55,000 £55,000
Median annual salary (50th Percentile) £52,500 £65,000 £70,000
Median % change year-on-year -19.23% -7.14% -6.67%
75th Percentile £81,250 £86,250 £85,000
90th Percentile £82,375 £100,000 £100,000
UK excluding London median annual salary £33,500 - £65,000

All Process and Methodology Skills
UK

KYC 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%

KYC
Job Vacancy Trend

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

Job vacancy trend for KYC in the UK

KYC
Salary Trend

3-month moving average salary quoted in jobs citing KYC.

Salary trend for KYC in the UK

KYC
Salary Histogram

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

Salary histogram for KYC in the UK

KYC
Top 10 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing KYC 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
UK excluding London +101 149 £33,500 - 19
Scotland +49 128 £50,000 -
England +48 59 £57,500 -11.54% 82
London +96 39 £75,000 +15.38% 68
Work from Home +71 28 £50,000 -23.08% 25
South East -10 9 £32,000 - 9
South West -5 7 - - 2
Yorkshire +85 4 - -
North of England +34 4 - - 4
Wales - 1 £35,000 - 1

KYC
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 1 (0.53%) Apache Spark
Applications
1 1 (0.53%) Microsoft Excel
1 1 (0.53%) Microsoft Office
Cloud Services
1 89 (46.84%) AWS
2 51 (26.84%) Azure
3 43 (22.63%) GCP
4 42 (22.11%) Cloud Computing
5 4 (2.11%) SaaS
6 2 (1.05%) Amazon EKS
6 2 (1.05%) Azure Cognitive Services
6 2 (1.05%) Azure DevOps
6 2 (1.05%) Azure Event Grid
6 2 (1.05%) Azure Key Vault
6 2 (1.05%) Azure Service Bus
6 2 (1.05%) Power Platform
6 2 (1.05%) PowerApps
Communications & Networking
1 2 (1.05%) Internet
Database & Business Intelligence
1 84 (44.21%) NoSQL
2 41 (21.58%) Data Lake
3 39 (20.53%) Qlik Sense
4 10 (5.26%) Big Data
5 4 (2.11%) Hadoop
6 1 (0.53%) PostgreSQL
6 1 (0.53%) Relational Database
6 1 (0.53%) SQL Server
Development Applications
1 2 (1.05%) JIRA
General
1 176 (92.63%) Finance
2 138 (72.63%) Legal
3 132 (69.47%) Law
4 131 (68.95%) Inclusion and Diversity
5 30 (15.79%) Banking
5 30 (15.79%) Social Skills
6 17 (8.95%) Analytical Skills
7 13 (6.84%) Investment Banking
8 11 (5.79%) Financial Institution
9 9 (4.74%) Retail
10 6 (3.16%) Organisational Skills
11 5 (2.63%) Front Office
12 2 (1.05%) Arabic Language
12 2 (1.05%) Corporate Banking
12 2 (1.05%) French Language
12 2 (1.05%) Influencing Skills
12 2 (1.05%) Japanese Language
12 2 (1.05%) Marketing
12 2 (1.05%) Private Banking
13 1 (0.53%) Presentation Skills
Job Titles
1 125 (65.79%) Software Engineer
2 48 (25.26%) Data Engineer
3 39 (20.53%) Full Stack Engineer
3 39 (20.53%) Full Stack Software Engineer
3 39 (20.53%) Java Engineer
3 39 (20.53%) Java Software Engineer
4 37 (19.47%) AWS Engineer
4 37 (19.47%) AWS Software Engineer
5 21 (11.05%) Analyst
6 9 (4.74%) Big Data Engineer
6 9 (4.74%) Big Data Software Engineer
7 5 (2.63%) Business Systems Analyst
7 5 (2.63%) C# Developer
7 5 (2.63%) Developer
7 5 (2.63%) Full Stack Developer
7 5 (2.63%) Full-Stack C# Developer
7 5 (2.63%) KYC Analyst
7 5 (2.63%) React Developer
7 5 (2.63%) Systems Analyst
8 4 (2.11%) Administrator
Libraries, Frameworks & Software Standards
1 39 (20.53%) J2EE
1 39 (20.53%) JavaBeans
1 39 (20.53%) JMS
1 39 (20.53%) Kafka
1 39 (20.53%) PySpark
1 39 (20.53%) Spring
1 39 (20.53%) Web Services
1 39 (20.53%) XML
2 8 (4.21%) .NET
2 8 (4.21%) .NET Core
3 4 (2.11%) React
4 2 (1.05%) AngularJS
4 2 (1.05%) RESTful
Miscellaneous
1 145 (76.32%) Onboarding
2 124 (65.26%) Algorithms
3 7 (3.68%) Foreign Exchange (FX)
4 2 (1.05%) Analytical Mindset
4 2 (1.05%) Client/Server
4 2 (1.05%) Online Banking
4 2 (1.05%) Product Ownership
5 1 (0.53%) SWIFT Messaging Network
Processes & Methodologies
1 145 (76.32%) Client Onboarding
2 133 (70.00%) Agile
3 132 (69.47%) Risk Management
4 131 (68.95%) Artificial Intelligence
5 129 (67.89%) Software Engineering
6 128 (67.37%) Machine Learning
7 126 (66.32%) Community of Practice
7 126 (66.32%) SDLC
8 125 (65.79%) CI/CD
9 124 (65.26%) Continuous Improvement
9 124 (65.26%) Operational Stability
9 124 (65.26%) Visualisation
10 82 (43.16%) OO
11 60 (31.58%) Problem-Solving
12 44 (23.16%) Full Stack Development
13 42 (22.11%) Data Analysis
13 42 (22.11%) Data Pipeline
13 42 (22.11%) ETL
14 39 (20.53%) Anti-Money Laundering
15 23 (12.11%) Due Diligence
Programming Languages
1 85 (44.74%) Python
2 83 (43.68%) SQL
3 82 (43.16%) Java
4 8 (4.21%) C#
5 4 (2.11%) JavaScript
5 4 (2.11%) TypeScript
6 2 (1.05%) Go
Qualifications
1 4 (2.11%) Degree
2 3 (1.58%) Master's Degree
Quality Assurance & Compliance
1 9 (4.74%) QA
System Software
1 2 (1.05%) Docker
Systems Management
1 4 (2.11%) Terraform
2 2 (1.05%) Kubernetes
Vendors
1 42 (22.11%) Databricks
2 39 (20.53%) Alteryx
3 2 (1.05%) Google
3 2 (1.05%) Microsoft
4 1 (0.53%) Fiserv
4 1 (0.53%) Oracle
4 1 (0.53%) Pega
4 1 (0.53%) Salesforce
4 1 (0.53%) SAP