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 23 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 244 426 579
Rank change year-on-year +182 +153 -81
Permanent jobs citing Investment Banking 1,180 723 874
As % of all permanent jobs advertised in the UK 1.17% 0.73% 0.53%
As % of the General category 1.97% 1.08% 0.82%
Number of salaries quoted 495 619 524
10th Percentile £70,500 £57,500 £51,625
25th Percentile £87,500 £70,000 £61,250
Median annual salary (50th Percentile) £115,000 £110,000 £80,000
Median % change year-on-year +4.55% +37.50% -5.88%
75th Percentile £148,750 £132,500 £105,000
90th Percentile £165,000 £157,500 £130,000
UK excluding London median annual salary £85,000 £67,250 £60,000
% change year-on-year +26.39% +12.08% -5.88%

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 59,832 67,156 106,134
As % of all permanent jobs advertised in the UK 59.28% 68.18% 64.79%
Number of salaries quoted 39,796 36,292 51,369
10th Percentile £27,500 £32,500 £32,500
25th Percentile £36,250 £43,000 £42,500
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £72,433 £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 23 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 23 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 +116 807 £115,000 +4.55% 135
UK excluding London +373 609 £85,000 +26.39% 27
London +64 567 £120,000 +4.35% 115
Scotland +120 368 £85,000 +21.43% 5
Work from Home +89 357 £135,000 +22.73% 50
South West +160 225 - -
South East +13 7 £42,500 -61.36% 7
North of England +21 4 £110,000 +83.33% 11
North West -16 4 £110,000 +83.33% 10
West Midlands -2 2 £95,000 +85.37% 1
Midlands -19 2 £95,000 +85.37% 1
East of England - 2 £100,000 - 1
Northern Ireland +5 1 £65,000 +16.59% 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
1 271 (22.97%) Apache
2 257 (21.78%) Apache Airflow
3 31 (2.63%) Confluence
4 22 (1.86%) GemFire
5 21 (1.78%) Apache Spark
6 18 (1.53%) Microsoft Exchange
7 15 (1.27%) Cloud Foundry
8 10 (0.85%) SharePoint
9 6 (0.51%) SAS
10 5 (0.42%) Tomcat
11 3 (0.25%) IIS
12 2 (0.17%) CMS
13 1 (0.085%) Adobe Experience Manager
13 1 (0.085%) Oracle Coherence
13 1 (0.085%) WebSphere
Applications
1 105 (8.90%) Microsoft Excel
2 102 (8.64%) Microsoft PowerPoint
3 80 (6.78%) Microsoft Office
4 12 (1.02%) MS Visio
5 1 (0.085%) Camtasia
Business Applications
1 14 (1.19%) Aladdin
2 2 (0.17%) Adaptiv
3 1 (0.085%) Oracle FAH
3 1 (0.085%) Oracle General Ledger
Cloud Services
1 508 (43.05%) AWS
2 263 (22.29%) dbt
3 236 (20.00%) Snowflake
4 133 (11.27%) GCP
5 51 (4.32%) Azure
6 25 (2.12%) Google Play
7 18 (1.53%) Power Platform
8 10 (0.85%) GitHub
9 9 (0.76%) Microsoft 365
10 4 (0.34%) Firebase
10 4 (0.34%) Serverless
11 3 (0.25%) Amazon CloudWatch
11 3 (0.25%) Amazon SageMaker
11 3 (0.25%) Azure Data Factory
11 3 (0.25%) Azure DevOps
11 3 (0.25%) Datadog
11 3 (0.25%) Microsoft Purview
12 2 (0.17%) Azure Synapse Analytics
12 2 (0.17%) SaaS
13 1 (0.085%) OCI
Communications & Networking
1 18 (1.53%) DSL
2 12 (1.02%) Firewall
3 10 (0.85%) Internet
4 7 (0.59%) VPN
5 6 (0.51%) Cisco ASA
6 4 (0.34%) Remote Desktop
7 3 (0.25%) WAN
8 2 (0.17%) DHCP
8 2 (0.17%) DNS
8 2 (0.17%) HTTP
8 2 (0.17%) LAN
9 1 (0.085%) IPv4
9 1 (0.085%) SD-WAN
9 1 (0.085%) SSH
9 1 (0.085%) VSAN
Database & Business Intelligence
1 264 (22.37%) Apache Arrow
2 263 (22.29%) Data Lake
2 263 (22.29%) Dremio
3 257 (21.78%) Amazon Athena
3 257 (21.78%) Apache Ignite
4 60 (5.08%) Tableau
5 37 (3.14%) MongoDB
6 29 (2.46%) Big Data
7 27 (2.29%) NoSQL
8 21 (1.78%) Apache Cassandra
8 21 (1.78%) CockroachDB
8 21 (1.78%) Hazelcast
9 18 (1.53%) DB2
9 18 (1.53%) Power BI
10 17 (1.44%) MySQL
10 17 (1.44%) Relational Database
10 17 (1.44%) SQL Server
11 16 (1.36%) Elasticsearch
12 9 (0.76%) BusinessObjects
13 8 (0.68%) KDB
Development Applications
1 75 (6.36%) Cypress.io
2 73 (6.19%) JUnit
3 67 (5.68%) Selenium
4 63 (5.34%) WebDriver
5 60 (5.08%) Jasmine
5 60 (5.08%) Karma Test Runner
5 60 (5.08%) Protractor
6 33 (2.80%) Maven
7 25 (2.12%) Android Studio
8 22 (1.86%) Git
9 21 (1.78%) Jaeger
10 20 (1.69%) Cucumber
10 20 (1.69%) Jenkins
11 15 (1.27%) JIRA
12 10 (0.85%) GitLab
13 6 (0.51%) TeamCity
14 4 (0.34%) Crashlytics
15 3 (0.25%) FitNesse
15 3 (0.25%) Octopus Deploy
15 3 (0.25%) SonarQube
General
1 1,180 (100.00%) Banking
2 1,032 (87.46%) Finance
3 597 (50.59%) Law
4 594 (50.34%) Inclusion and Diversity
5 402 (34.07%) Front Office
6 182 (15.42%) Social Skills
7 153 (12.97%) Analytical Skills
8 123 (10.42%) Financial Institution
9 98 (8.31%) Marketing
10 56 (4.75%) Presentation Skills
11 50 (4.24%) Legal
12 28 (2.37%) Organisational Skills
13 27 (2.29%) Corporate Banking
14 24 (2.03%) Prime Brokerage
15 21 (1.78%) Games
16 19 (1.61%) French Language
17 15 (1.27%) Publishing
18 10 (0.85%) Influencing Skills
19 6 (0.51%) Private Banking
20 5 (0.42%) Documentation Skills
Job Titles
1 472 (40.00%) Software Engineer
2 284 (24.07%) Java Engineer
3 279 (23.64%) Lead
4 274 (23.22%) Java Software Engineer
5 228 (19.32%) Analyst
6 184 (15.59%) Developer
7 178 (15.08%) Lead Software Engineer
8 177 (15.00%) Senior
9 146 (12.37%) Python Engineer
9 146 (12.37%) Python Software Engineer
10 137 (11.61%) AWS Engineer
10 137 (11.61%) AWS Software Engineer
11 126 (10.68%) Lead Java Engineer
12 95 (8.05%) Senior Software Engineer
13 87 (7.37%) Java Developer
14 70 (5.93%) Developer/Software Engineer
15 67 (5.68%) Architect
16 63 (5.34%) Software Developer
17 58 (4.92%) Lead Developer
18 56 (4.75%) Team Leader
Libraries, Frameworks & Software Standards
1 256 (21.69%) Pandas
2 255 (21.61%) gRPC
2 255 (21.61%) NumPy
2 255 (21.61%) Protocol Buffers
2 255 (21.61%) SciPy
3 182 (15.42%) Spring
4 151 (12.80%) React
5 124 (10.51%) Spring Boot
6 107 (9.07%) HTML
7 102 (8.64%) CSS
8 96 (8.14%) AngularJS
9 92 (7.80%) Kafka
10 63 (5.34%) JSON
11 62 (5.25%) Hibernate
12 61 (5.17%) J2EE
12 61 (5.17%) jQuery
12 61 (5.17%) Node.js
13 60 (5.08%) Jest
13 60 (5.08%) JMS
13 60 (5.08%) Twitter Bootstrap
Miscellaneous
1 344 (29.15%) Foreign Exchange (FX)
2 326 (27.63%) Fixed Income
3 310 (26.27%) Derivative
4 296 (25.08%) Hedge funds
5 286 (24.24%) Equities
6 170 (14.41%) Cloud Native
7 118 (10.00%) Algorithms
8 94 (7.97%) Self-Motivation
9 64 (5.42%) Product Ownership
10 63 (5.34%) Data Structures
11 54 (4.58%) Public Cloud
12 37 (3.14%) Management Information System
13 36 (3.05%) Pricing Data
14 25 (2.12%) Onboarding
14 25 (2.12%) Private Cloud
15 23 (1.95%) Mobile App
16 22 (1.86%) Credit Risk
17 21 (1.78%) Replication
18 18 (1.53%) OTC Derivatives
19 16 (1.36%) Distributed Applications
Operating Systems
1 40 (3.39%) Windows
2 39 (3.31%) Linux
3 29 (2.46%) Android
4 17 (1.44%) Red Hat Enterprise Linux
5 16 (1.36%) Windows Server
6 11 (0.93%) Unix
7 4 (0.34%) Apple iOS
8 3 (0.25%) Windows 10
9 2 (0.17%) Windows XP
10 1 (0.085%) AIX
10 1 (0.085%) CentOS
10 1 (0.085%) Debian
10 1 (0.085%) Ubuntu
Processes & Methodologies
1 743 (62.97%) Agile
2 651 (55.17%) Software Engineering
3 453 (38.39%) Asset Management
4 335 (28.39%) SDLC
5 308 (26.10%) CI/CD
6 301 (25.51%) Operational Stability
7 294 (24.92%) Machine Learning
8 287 (24.32%) Artificial Intelligence
9 246 (20.85%) Investment Management
10 229 (19.41%) Community of Practice
11 186 (15.76%) Problem-Solving
12 127 (10.76%) Coaching
12 127 (10.76%) Continuous Improvement
13 125 (10.59%) Information Architecture
13 125 (10.59%) Visualisation
14 118 (10.00%) TDD
15 117 (9.92%) Architectural Design
16 110 (9.32%) Analytics
17 105 (8.90%) Multithreading
18 104 (8.81%) Greeks
Programming Languages
1 607 (51.44%) Java
2 422 (35.76%) Python
3 402 (34.07%) JavaScript
4 347 (29.41%) TypeScript
5 171 (14.49%) SQL
6 39 (3.31%) Kotlin
7 36 (3.05%) Groovy
8 33 (2.80%) Scala
9 32 (2.71%) C#
10 23 (1.95%) Ruby
11 21 (1.78%) Bash
12 20 (1.69%) Perl
12 20 (1.69%) PL/SQL
13 18 (1.53%) PowerShell
14 15 (1.27%) T-SQL
15 10 (0.85%) Korn
16 8 (0.68%) R
17 5 (0.42%) Shell Script
18 4 (0.34%) C++
18 4 (0.34%) Swift
Qualifications
1 126 (10.68%) Degree
2 18 (1.53%) Master's Degree
3 16 (1.36%) Computer Science Degree
4 11 (0.93%) MBA
5 6 (0.51%) Tableau Certification
6 4 (0.34%) Azure Certification
7 3 (0.25%) CISA
7 3 (0.25%) CISM
7 3 (0.25%) 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 (0.085%) CCAB
9 1 (0.085%) QiCA
Quality Assurance & Compliance
1 116 (9.83%) Data Quality
2 47 (3.98%) Accessibility
3 21 (1.78%) SLA
4 13 (1.10%) QA
5 5 (0.42%) SEPA
5 5 (0.42%) TARGET2
6 3 (0.25%) MiFID
7 2 (0.17%) EMIR
7 2 (0.17%) NIST
8 1 (0.085%) COBIT
8 1 (0.085%) COREP
8 1 (0.085%) IFRS
8 1 (0.085%) IFRS 17
8 1 (0.085%) IFRS 9
8 1 (0.085%) ISO/IEC 27001
8 1 (0.085%) ITGC
8 1 (0.085%) PMO
8 1 (0.085%) Sarbanes-Oxley
System Software
1 23 (1.95%) Docker
2 11 (0.93%) Active Directory
3 5 (0.42%) VMware Infrastructure
4 4 (0.34%) XenApp
4 4 (0.34%) XenDesktop
5 2 (0.17%) Apache ZooKeeper
5 2 (0.17%) VMware ESXi
5 2 (0.17%) VMware NSX
5 2 (0.17%) vSphere
6 1 (0.085%) GridGain
6 1 (0.085%) Hyper-V
6 1 (0.085%) Microsoft App-V
6 1 (0.085%) Microsoft Virtual Server
6 1 (0.085%) Virtual Servers
Systems Management
1 47 (3.98%) Kubernetes
2 35 (2.97%) Grafana
3 26 (2.20%) Terraform
4 24 (2.03%) Prometheus
5 21 (1.78%) HAProxy
5 21 (1.78%) ITRS Geneos
5 21 (1.78%) Kibana
5 21 (1.78%) Zipkin
6 20 (1.69%) Ansible
7 15 (1.27%) Puppet
8 12 (1.02%) Graphite
9 10 (0.85%) Red Hat Satellite
10 7 (0.59%) Single Sign-On
11 6 (0.51%) Control-M
12 2 (0.17%) Oracle Enterprise Manager
12 2 (0.17%) SafeCom
13 1 (0.085%) Microsoft Intune
13 1 (0.085%) SCCM
13 1 (0.085%) SCOM
13 1 (0.085%) ZABBIX
Vendors
1 129 (10.93%) Microsoft
2 59 (5.00%) Oracle
3 45 (3.81%) Alteryx
4 35 (2.97%) Splunk
5 25 (2.12%) Google
6 21 (1.78%) Dynatrace
6 21 (1.78%) Sybase
7 20 (1.69%) Cognos
7 20 (1.69%) Databricks
8 18 (1.53%) Red Hat
9 16 (1.36%) Bloomberg
10 14 (1.19%) BISAM
11 13 (1.10%) Citrix
12 12 (1.02%) VMware
13 11 (0.93%) TOWER Software
14 9 (0.76%) ServiceNow
14 9 (0.76%) Sun
15 7 (0.59%) Fortinet
15 7 (0.59%) Pega
15 7 (0.59%) UiPath