Investment Banking
UK

The table below looks at the prevalence of the term Investment Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Investment Banking over the 6 months to 18 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 256 433 594
Rank change year-on-year +177 +161 -108
Permanent jobs citing Investment Banking 1,161 716 868
As % of all permanent jobs advertised in the UK 1.16% 0.72% 0.54%
As % of the General category 1.95% 1.06% 0.84%
Number of salaries quoted 471 620 525
10th Percentile £70,000 £57,500 £51,250
25th Percentile £87,500 £71,250 £61,250
Median annual salary (50th Percentile) £115,000 £110,000 £80,000
Median % change year-on-year +4.55% +37.50% -3.03%
75th Percentile £148,750 £132,500 £105,000
90th Percentile £165,000 £157,500 £130,000
UK excluding London median annual salary £75,000 £67,500 £60,000
% change year-on-year +11.11% +12.50% +4.35%

All General Skills
UK

Investment Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for common skills.

Permanent vacancies with a requirement for common skills 59,575 67,663 103,701
As % of all permanent jobs advertised in the UK 59.63% 68.23% 64.52%
Number of salaries quoted 39,717 36,616 51,172
10th Percentile £27,500 £32,500 £32,500
25th Percentile £36,250 £43,059 £42,500
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £72,500 £81,250 £80,000
90th Percentile £92,500 £102,500 £97,500
UK excluding London median annual salary £47,500 £52,500 £50,000
% change year-on-year -9.52% +5.00% +5.26%

Investment Banking
Job Vacancy Trend

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

Job vacancy trend for Investment Banking in the UK

Investment Banking
Salary Trend

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

Salary trend for Investment Banking in the UK

Investment Banking
Salary Histogram

Salary distribution for jobs citing Investment Banking over the 6 months to 18 May 2024.

Salary histogram for Investment Banking in the UK

Investment Banking
Top 13 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Investment Banking within the UK over the 6 months to 18 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 +107 787 £117,500 +6.82% 134
UK excluding London +337 609 £75,000 +11.11% 30
London +63 548 £122,500 +6.52% 120
Scotland +121 368 £85,000 +21.43% 7
Work from Home +84 332 £135,000 +22.73% 39
South West +151 225 - -
South East +6 7 £42,500 -61.36% 10
North of England +33 4 £110,000 +83.33% 8
North West -12 4 £110,000 +83.33% 7
Northern Ireland +1 2 £65,000 +26.21% 2
East of England - 2 £100,000 - 1
West Midlands +2 1 - - 2
Midlands -19 1 - - 2

Investment 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
1 243 (20.93%) Apache
2 231 (19.90%) Apache Airflow
3 31 (2.67%) Confluence
4 22 (1.89%) GemFire
5 21 (1.81%) Apache Spark
6 18 (1.55%) Microsoft Exchange
7 15 (1.29%) Cloud Foundry
8 11 (0.95%) SharePoint
9 6 (0.52%) SAS
10 5 (0.43%) Tomcat
11 3 (0.26%) IIS
12 1 (0.086%) Adobe Experience Manager
12 1 (0.086%) CMS
12 1 (0.086%) Oracle Coherence
12 1 (0.086%) WebSphere
Applications
1 110 (9.47%) Microsoft Excel
2 106 (9.13%) Microsoft PowerPoint
3 84 (7.24%) Microsoft Office
4 12 (1.03%) MS Visio
5 1 (0.086%) Camtasia
Business Applications
1 14 (1.21%) Aladdin
2 3 (0.26%) Adaptiv
3 1 (0.086%) Oracle FAH
3 1 (0.086%) Oracle General Ledger
Cloud Services
1 479 (41.26%) AWS
2 235 (20.24%) dbt
3 210 (18.09%) Snowflake
4 125 (10.77%) GCP
5 51 (4.39%) Azure
6 25 (2.15%) Google Play
7 17 (1.46%) Power Platform
8 11 (0.95%) GitHub
9 9 (0.78%) Microsoft 365
10 4 (0.34%) Firebase
10 4 (0.34%) Serverless
11 3 (0.26%) Amazon CloudWatch
11 3 (0.26%) Amazon SageMaker
11 3 (0.26%) Azure Data Factory
11 3 (0.26%) Azure DevOps
11 3 (0.26%) Datadog
11 3 (0.26%) Microsoft Purview
12 2 (0.17%) Azure Synapse Analytics
12 2 (0.17%) SaaS
13 1 (0.086%) PowerApps
Communications & Networking
1 18 (1.55%) DSL
2 12 (1.03%) Firewall
3 10 (0.86%) Internet
4 7 (0.60%) VPN
5 6 (0.52%) Cisco ASA
6 3 (0.26%) WAN
7 2 (0.17%) DHCP
7 2 (0.17%) DNS
7 2 (0.17%) HTTP
7 2 (0.17%) LAN
7 2 (0.17%) Remote Desktop
8 1 (0.086%) IPv4
8 1 (0.086%) SD-WAN
8 1 (0.086%) VSAN
Database & Business Intelligence
1 236 (20.33%) Apache Arrow
2 235 (20.24%) Data Lake
2 235 (20.24%) Dremio
3 231 (19.90%) Amazon Athena
3 231 (19.90%) Apache Ignite
4 59 (5.08%) Tableau
5 37 (3.19%) MongoDB
6 28 (2.41%) Big Data
7 27 (2.33%) NoSQL
8 21 (1.81%) Apache Cassandra
8 21 (1.81%) CockroachDB
8 21 (1.81%) Hazelcast
9 18 (1.55%) DB2
10 17 (1.46%) MySQL
10 17 (1.46%) Power BI
10 17 (1.46%) Relational Database
10 17 (1.46%) SQL Server
11 16 (1.38%) Elasticsearch
12 9 (0.78%) BusinessObjects
13 8 (0.69%) KDB
Development Applications
1 75 (6.46%) Cypress.io
2 72 (6.20%) JUnit
3 67 (5.77%) Selenium
4 63 (5.43%) WebDriver
5 60 (5.17%) Jasmine
5 60 (5.17%) Karma Test Runner
5 60 (5.17%) Protractor
6 33 (2.84%) Maven
7 25 (2.15%) Android Studio
8 23 (1.98%) Git
9 21 (1.81%) Jaeger
10 19 (1.64%) Cucumber
11 18 (1.55%) Jenkins
12 15 (1.29%) JIRA
13 9 (0.78%) GitLab
14 6 (0.52%) TeamCity
15 4 (0.34%) Crashlytics
16 3 (0.26%) FitNesse
16 3 (0.26%) Octopus Deploy
16 3 (0.26%) SonarQube
General
1 1,161 (100.00%) Banking
2 1,008 (86.82%) Finance
3 598 (51.51%) Law
4 595 (51.25%) Inclusion and Diversity
5 378 (32.56%) Front Office
6 188 (16.19%) Social Skills
7 153 (13.18%) Analytical Skills
8 125 (10.77%) Financial Institution
9 98 (8.44%) Marketing
10 56 (4.82%) Presentation Skills
11 50 (4.31%) Legal
12 28 (2.41%) Organisational Skills
13 27 (2.33%) Corporate Banking
14 24 (2.07%) Prime Brokerage
15 21 (1.81%) Games
16 19 (1.64%) French Language
17 15 (1.29%) Publishing
18 10 (0.86%) Influencing Skills
19 6 (0.52%) Private Banking
20 5 (0.43%) Documentation Skills
Job Titles
1 456 (39.28%) Software Engineer
2 273 (23.51%) Java Engineer
3 267 (23.00%) Lead
4 263 (22.65%) Java Software Engineer
5 231 (19.90%) Analyst
6 186 (16.02%) Developer
7 174 (14.99%) Lead Software Engineer
8 167 (14.38%) Senior
9 135 (11.63%) Python Engineer
9 135 (11.63%) Python Software Engineer
10 125 (10.77%) AWS Engineer
10 125 (10.77%) AWS Software Engineer
11 124 (10.68%) Lead Java Engineer
12 88 (7.58%) Java Developer
13 84 (7.24%) Senior Software Engineer
14 66 (5.68%) Developer/Software Engineer
15 63 (5.43%) Architect
16 59 (5.08%) Software Developer
17 54 (4.65%) Lead Developer
17 54 (4.65%) Strategy Analyst
Libraries, Frameworks & Software Standards
1 230 (19.81%) Pandas
2 229 (19.72%) gRPC
2 229 (19.72%) NumPy
2 229 (19.72%) Protocol Buffers
2 229 (19.72%) SciPy
3 181 (15.59%) Spring
4 151 (13.01%) React
5 124 (10.68%) Spring Boot
6 107 (9.22%) HTML
7 102 (8.79%) CSS
8 96 (8.27%) AngularJS
9 92 (7.92%) Kafka
10 62 (5.34%) JSON
11 61 (5.25%) Hibernate
11 61 (5.25%) jQuery
11 61 (5.25%) Node.js
12 60 (5.17%) J2EE
12 60 (5.17%) Jest
12 60 (5.17%) JMS
12 60 (5.17%) Twitter Bootstrap
Miscellaneous
1 318 (27.39%) Foreign Exchange (FX)
2 300 (25.84%) Fixed Income
3 282 (24.29%) Derivative
4 270 (23.26%) Hedge funds
5 261 (22.48%) Equities
6 170 (14.64%) Cloud Native
7 117 (10.08%) Algorithms
8 98 (8.44%) Self-Motivation
9 63 (5.43%) Data Structures
9 63 (5.43%) Product Ownership
10 54 (4.65%) Public Cloud
11 37 (3.19%) Management Information System
12 30 (2.58%) Pricing Data
13 25 (2.15%) Onboarding
13 25 (2.15%) Private Cloud
14 23 (1.98%) Credit Risk
14 23 (1.98%) Mobile App
15 21 (1.81%) Replication
16 18 (1.55%) OTC Derivatives
17 16 (1.38%) Distributed Applications
Operating Systems
1 39 (3.36%) Linux
2 38 (3.27%) Windows
3 29 (2.50%) Android
4 16 (1.38%) Red Hat Enterprise Linux
5 15 (1.29%) Windows Server
6 11 (0.95%) Unix
7 4 (0.34%) Apple iOS
8 3 (0.26%) Windows 10
9 2 (0.17%) Windows XP
10 1 (0.086%) AIX
10 1 (0.086%) CentOS
10 1 (0.086%) Debian
10 1 (0.086%) Ubuntu
Processes & Methodologies
1 716 (61.67%) Agile
2 623 (53.66%) Software Engineering
3 430 (37.04%) Asset Management
4 335 (28.85%) SDLC
5 309 (26.61%) CI/CD
6 301 (25.93%) Operational Stability
7 294 (25.32%) Machine Learning
8 287 (24.72%) Artificial Intelligence
9 229 (19.72%) Community of Practice
10 225 (19.38%) Investment Management
11 187 (16.11%) Problem-Solving
12 128 (11.02%) Continuous Improvement
13 127 (10.94%) Coaching
14 125 (10.77%) Information Architecture
14 125 (10.77%) Visualisation
15 119 (10.25%) TDD
16 117 (10.08%) Architectural Design
17 111 (9.56%) Multithreading
18 108 (9.30%) Analytics
19 95 (8.18%) Decision-Making
Programming Languages
1 583 (50.22%) Java
2 395 (34.02%) Python
3 376 (32.39%) JavaScript
4 321 (27.65%) TypeScript
5 171 (14.73%) SQL
6 39 (3.36%) Kotlin
7 36 (3.10%) Groovy
8 33 (2.84%) Scala
9 32 (2.76%) C#
10 22 (1.89%) Ruby
11 20 (1.72%) Bash
11 20 (1.72%) PL/SQL
12 18 (1.55%) Perl
13 17 (1.46%) PowerShell
14 15 (1.29%) T-SQL
15 9 (0.78%) Korn
16 8 (0.69%) R
17 5 (0.43%) Shell Script
18 4 (0.34%) C++
18 4 (0.34%) Swift
Qualifications
1 127 (10.94%) Degree
2 18 (1.55%) Master's Degree
3 16 (1.38%) Computer Science Degree
4 11 (0.95%) MBA
5 6 (0.52%) Tableau Certification
6 4 (0.34%) Azure Certification
7 3 (0.26%) CISA
7 3 (0.26%) CISM
7 3 (0.26%) CISSP
8 2 (0.17%) AWS Certification
8 2 (0.17%) CRISC
8 2 (0.17%) MCSA
8 2 (0.17%) Microsoft Certification
8 2 (0.17%) PhD
8 2 (0.17%) SAFe Agilist
9 1 (0.086%) CCAB
9 1 (0.086%) QiCA
Quality Assurance & Compliance
1 104 (8.96%) Data Quality
2 47 (4.05%) Accessibility
3 22 (1.89%) SLA
4 12 (1.03%) QA
5 5 (0.43%) SEPA
5 5 (0.43%) TARGET2
6 3 (0.26%) MiFID
7 2 (0.17%) EMIR
7 2 (0.17%) NIST
8 1 (0.086%) COBIT
8 1 (0.086%) COREP
8 1 (0.086%) IFRS
8 1 (0.086%) IFRS 17
8 1 (0.086%) IFRS 9
8 1 (0.086%) ISO/IEC 27001
8 1 (0.086%) ITGC
8 1 (0.086%) PMO
8 1 (0.086%) Sarbanes-Oxley
System Software
1 21 (1.81%) Docker
2 13 (1.12%) Active Directory
3 3 (0.26%) VMware Infrastructure
4 2 (0.17%) Apache ZooKeeper
4 2 (0.17%) VMware ESXi
4 2 (0.17%) VMware NSX
4 2 (0.17%) vSphere
4 2 (0.17%) XenApp
4 2 (0.17%) XenDesktop
5 1 (0.086%) GridGain
5 1 (0.086%) Hyper-V
5 1 (0.086%) Microsoft App-V
5 1 (0.086%) Microsoft Virtual Server
5 1 (0.086%) Virtual Servers
Systems Management
1 48 (4.13%) Kubernetes
2 35 (3.01%) Grafana
3 24 (2.07%) Prometheus
3 24 (2.07%) Terraform
4 21 (1.81%) HAProxy
4 21 (1.81%) ITRS Geneos
4 21 (1.81%) Kibana
4 21 (1.81%) Zipkin
5 19 (1.64%) Ansible
6 14 (1.21%) Puppet
7 12 (1.03%) Graphite
8 9 (0.78%) Red Hat Satellite
9 7 (0.60%) Control-M
9 7 (0.60%) Single Sign-On
10 3 (0.26%) Oracle Enterprise Manager
10 3 (0.26%) SafeCom
11 1 (0.086%) Microsoft Intune
11 1 (0.086%) SCCM
11 1 (0.086%) SCOM
11 1 (0.086%) ZABBIX
Vendors
1 132 (11.37%) Microsoft
2 60 (5.17%) Oracle
3 45 (3.88%) Alteryx
4 35 (3.01%) Splunk
5 25 (2.15%) Google
6 21 (1.81%) Dynatrace
6 21 (1.81%) Sybase
7 20 (1.72%) Cognos
7 20 (1.72%) Databricks
8 17 (1.46%) Red Hat
9 16 (1.38%) Bloomberg
10 14 (1.21%) BISAM
11 11 (0.95%) Citrix
12 10 (0.86%) Sun
12 10 (0.86%) TOWER Software
12 10 (0.86%) VMware
13 9 (0.78%) ServiceNow
14 7 (0.60%) Fortinet
14 7 (0.60%) Pega
14 7 (0.60%) UiPath