Banking Business Analyst Jobs

Business Analyst - Banking (Banking BA)
UK

The median Business Analyst - Banking (Banking BA) salary in the UK is £87,500 per year according to job vacancies posted during the 6 months to 1 June 2024.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 886 918 1223
Rank change year-on-year +32 +305 -325
Permanent jobs requiring a Banking Business Analyst 21 29 38
As % of all permanent jobs advertised in the UK 0.020% 0.031% 0.023%
As % of the Job Titles category 0.021% 0.034% 0.023%
Number of salaries quoted 21 28 36
10th Percentile £77,500 £41,250 £44,125
25th Percentile £83,750 £50,000 £53,997
Median annual salary (50th Percentile) £87,500 £65,000 £67,500
Median % change year-on-year +34.62% -3.70% +12.50%
75th Percentile £92,500 £76,250 £73,750
90th Percentile £122,500 £91,250 £95,000
UK excluding London median annual salary - £65,000 £44,000
% change year-on-year - +47.73% -12.00%

All Permanent IT Job Vacancies
UK

The following table is for comparison with the above and includes 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 99,552 86,380 162,088
% of permanent jobs with a recognized job title 94.85% 91.27% 96.05%
Number of salaries quoted 70,786 55,655 84,889
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,625
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £70,000 £80,000 £78,750
90th Percentile £90,000 £100,000 £95,000
UK excluding London median annual salary £50,000 £53,500 £50,244
% change year-on-year -6.54% +6.48% +5.78%

Banking Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Banking Business Analyst in the UK

Banking Business Analyst
Salary Trend

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

Salary trend for Banking Business Analyst in the UK

Banking Business Analyst
Salary Histogram

Salary distribution for jobs citing Banking Business Analyst over the 6 months to 1 June 2024.

Salary histogram for Banking Business Analyst in the UK

Banking Business Analyst
Top 3 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking Business Analyst within the UK over the 6 months to 1 June 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
London +111 21 £87,500 +34.62% 4
England +28 21 £87,500 +34.62% 6
Work from Home +46 7 £85,000 +78.95% 3

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

For the 6 months to 1 June 2024, Banking Business 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 Business Analyst in the job title.

1 21 (100.00%) Banking
2 19 (90.48%) SQL
3 14 (66.67%) Inclusion and Diversity
4 13 (61.90%) Technical Analysis
4 13 (61.90%) Data Warehouse
4 13 (61.90%) Retail Banking
5 7 (33.33%) Business Analysis
5 7 (33.33%) Front Office
5 7 (33.33%) Finance
5 7 (33.33%) Agile
6 6 (28.57%) Product Ownership
6 6 (28.57%) Apache Arrow
6 6 (28.57%) Power BI
6 6 (28.57%) Data Lake
6 6 (28.57%) Power Platform
6 6 (28.57%) Dremio
6 6 (28.57%) dbt
6 6 (28.57%) Fixed Income
6 6 (28.57%) Foreign Exchange (FX)
6 6 (28.57%) Equities
6 6 (28.57%) Apache
6 6 (28.57%) Python
6 6 (28.57%) Derivative
6 6 (28.57%) Investment Banking
6 6 (28.57%) Asset Management
6 6 (28.57%) Investment Management
6 6 (28.57%) AWS
6 6 (28.57%) Hedge funds
6 6 (28.57%) Tableau
6 6 (28.57%) Big Data

Banking Business 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 6 (28.57%) Apache
Business Applications
1 1 (4.76%) Oracle ERP
Cloud Services
1 6 (28.57%) AWS
1 6 (28.57%) dbt
1 6 (28.57%) Power Platform
Database & Business Intelligence
1 13 (61.90%) Data Warehouse
2 6 (28.57%) Apache Arrow
2 6 (28.57%) Big Data
2 6 (28.57%) Data Lake
2 6 (28.57%) Dremio
2 6 (28.57%) Power BI
2 6 (28.57%) Tableau
General
1 21 (100.00%) Banking
2 14 (66.67%) Inclusion and Diversity
3 13 (61.90%) Retail Banking
4 7 (33.33%) Finance
4 7 (33.33%) Front Office
5 6 (28.57%) Investment Banking
6 1 (4.76%) Analytical Skills
Miscellaneous
1 6 (28.57%) Derivative
1 6 (28.57%) Equities
1 6 (28.57%) Fixed Income
1 6 (28.57%) Foreign Exchange (FX)
1 6 (28.57%) Hedge funds
1 6 (28.57%) Product Ownership
Processes & Methodologies
1 13 (61.90%) Technical Analysis
2 7 (33.33%) Agile
2 7 (33.33%) Business Analysis
3 6 (28.57%) Analytics
3 6 (28.57%) Asset Management
3 6 (28.57%) Investment Management
4 1 (4.76%) Analytical Thinking
4 1 (4.76%) BPMN
4 1 (4.76%) Business Process Modelling
4 1 (4.76%) Collateral Management
4 1 (4.76%) ERP
4 1 (4.76%) Logical Data Model
4 1 (4.76%) Problem-Solving
4 1 (4.76%) Requirements Gathering
4 1 (4.76%) Stakeholder Management
4 1 (4.76%) Time Management
4 1 (4.76%) Use Case
4 1 (4.76%) Waterfall
4 1 (4.76%) Wireframes
4 1 (4.76%) Workshop Facilitation
Programming Languages
1 19 (90.48%) SQL
2 6 (28.57%) Python
Qualifications
1 1 (4.76%) CBAP
1 1 (4.76%) Degree
Vendors
1 1 (4.76%) Oracle