Retail Banking
UK

The table below looks at the prevalence of the term Retail Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Retail 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 663 605 864
Rank change year-on-year -58 +259 -41
Permanent jobs citing Retail Banking 235 380 390
As % of all permanent jobs advertised in the UK 0.23% 0.39% 0.24%
As % of the General category 0.39% 0.57% 0.37%
Number of salaries quoted 183 240 261
10th Percentile £56,000 £50,000 £34,500
25th Percentile £61,875 £57,500 £46,250
Median annual salary (50th Percentile) £80,000 £70,000 £66,140
Median % change year-on-year +14.29% +5.84% -8.04%
75th Percentile £100,000 £89,852 £93,750
90th Percentile £122,500 £103,750 £110,000
UK excluding London median annual salary £67,500 £65,000 £52,500
% change year-on-year +3.85% +23.81% -1.87%

All General Skills
UK

Retail 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%

Retail Banking
Job Vacancy Trend

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

Job vacancy trend for Retail Banking in the UK

Retail Banking
Salary Trend

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

Salary trend for Retail Banking in the UK

Retail Banking
Salary Histogram

Salary distribution for jobs citing Retail Banking over the 6 months to 23 May 2024.

Salary histogram for Retail Banking in the UK

Retail 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 Retail 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 -28 197 £85,000 +21.43% 48
London +56 171 £86,250 +7.81% 37
UK excluding London -65 60 £67,500 +3.85% 18
Work from Home -83 40 £59,778 -11.44% 27
Scotland -60 34 £72,500 +11.54% 9
East of England +6 10 £62,500 -3.85%
West Midlands +6 7 £59,556 +8.28% 2
Midlands -11 7 £59,556 +8.28% 3
South East +4 5 £25,000 -68.25% 3
North of England +12 2 £59,556 +8.52% 2
South West -49 2 £65,066 -3.61% 1
Yorkshire +64 1 £59,556 +8.52%
North West -8 1 £59,556 +10.29% 2

Retail 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 8 (3.40%) Apache
1 8 (3.40%) Apache Airflow
1 8 (3.40%) Apache Spark
2 2 (0.85%) Confluence
3 1 (0.43%) Adobe Experience Manager
3 1 (0.43%) nginx
3 1 (0.43%) SharePoint
Applications
1 1 (0.43%) MS Visio
Business Applications
1 10 (4.26%) Payment Gateway
2 2 (0.85%) SAP S/4HANA
3 1 (0.43%) Temenos T24
Cloud Services
1 99 (42.13%) AWS
2 92 (39.15%) Azure
3 43 (18.30%) GCP
4 27 (11.49%) OpenShift
5 19 (8.09%) GitHub
6 13 (5.53%) Power Platform
7 12 (5.11%) SaaS
8 8 (3.40%) GitHub Actions
9 7 (2.98%) Kong
10 5 (2.13%) Azure AKS
10 5 (2.13%) Google Kubernetes Engine
11 3 (1.28%) Collibra
12 1 (0.43%) Microsoft Purview
12 1 (0.43%) Route 53
12 1 (0.43%) Salesforce Sales Cloud
12 1 (0.43%) Salesforce Service Cloud
12 1 (0.43%) Snowflake
Communications & Networking
1 2 (0.85%) Cisco Firepower
1 2 (0.85%) Firewall
1 2 (0.85%) LAN
1 2 (0.85%) VPN
1 2 (0.85%) WAN
2 1 (0.43%) DNS
2 1 (0.43%) Reverse Proxy
Database & Business Intelligence
1 36 (15.32%) Data Warehouse
2 24 (10.21%) Data Lake
3 20 (8.51%) Metadata
4 16 (6.81%) MongoDB
5 14 (5.96%) Big Data
6 13 (5.53%) Power BI
7 10 (4.26%) Azure SQL Data Warehouse
7 10 (4.26%) SQL Server Reporting Services
8 8 (3.40%) Apache Hive
8 8 (3.40%) Flink
8 8 (3.40%) Hadoop
8 8 (3.40%) NoSQL
8 8 (3.40%) Parquet
9 1 (0.43%) Ataccama
9 1 (0.43%) BigQuery
9 1 (0.43%) OLAP
9 1 (0.43%) OLAP Cube
9 1 (0.43%) SQL Server Integration Services
9 1 (0.43%) Star Schema
Development Applications
1 26 (11.06%) JIRA
2 20 (8.51%) Git
3 11 (4.68%) Artifactory
3 11 (4.68%) Jenkins
3 11 (4.68%) Snyk
4 8 (3.40%) CircleCI
5 2 (0.85%) Grunt
5 2 (0.85%) Jasmine
5 2 (0.85%) Maven
5 2 (0.85%) Mocha
5 2 (0.85%) SonarQube
5 2 (0.85%) Sonatype Nexus
5 2 (0.85%) webpack
6 1 (0.43%) ERwin
General
1 179 (76.17%) Banking
2 145 (61.70%) Finance
3 67 (28.51%) Inclusion and Diversity
4 35 (14.89%) Analytical Skills
5 34 (14.47%) Social Skills
6 21 (8.94%) Retail
7 17 (7.23%) Financial Institution
8 7 (2.98%) Presentation Skills
9 4 (1.70%) Telecoms
10 1 (0.43%) Corporate Banking
10 1 (0.43%) Investment Banking
10 1 (0.43%) Organisational Skills
Job Titles
1 96 (40.85%) Architect
2 68 (28.94%) Senior
3 48 (20.43%) Lead
4 30 (12.77%) Data Architect
5 28 (11.91%) Analyst
6 27 (11.49%) Senior Architect
7 22 (9.36%) Cloud Architect
8 19 (8.09%) Solutions Architect
9 17 (7.23%) Azure Architect
9 17 (7.23%) Developer
9 17 (7.23%) Senior Developer
10 16 (6.81%) Middleware Architect
10 16 (6.81%) Senior Data Architect
11 15 (6.38%) Banking Analyst
11 15 (6.38%) Banking Business Analyst
11 15 (6.38%) Business Analyst
11 15 (6.38%) Data Business Analyst
11 15 (6.38%) Process Analyst
12 13 (5.53%) Technical Leader
13 11 (4.68%) Service Desk Team Leader
Libraries, Frameworks & Software Standards
1 46 (19.57%) Kafka
2 21 (8.94%) Spring Boot
3 18 (7.66%) Middleware
4 10 (4.26%) LAMP
4 10 (4.26%) Laravel
4 10 (4.26%) Symfony
4 10 (4.26%) Web Services
5 8 (3.40%) Apache Avro
5 8 (3.40%) Apache Beam
5 8 (3.40%) CSS
5 8 (3.40%) PySpark
5 8 (3.40%) Spark Streaming
6 6 (2.55%) HTML
6 6 (2.55%) jQuery
7 4 (1.70%) Spring
8 3 (1.28%) REST
9 2 (0.85%) OAuth
9 2 (0.85%) OpenID
9 2 (0.85%) RESTful
9 2 (0.85%) Twitter Bootstrap
Miscellaneous
1 10 (4.26%) Distributed Applications
1 10 (4.26%) Greenfield Project
2 8 (3.40%) Distributed Systems
3 7 (2.98%) PMI
4 5 (2.13%) Cloud Native
4 5 (2.13%) Mainframe
5 4 (1.70%) Data Centre
6 2 (0.85%) FMCG
6 2 (0.85%) Product Ownership
7 1 (0.43%) Animation
7 1 (0.43%) Blockchain
7 1 (0.43%) Legacy Systems
7 1 (0.43%) Management Information System
7 1 (0.43%) Public Cloud
7 1 (0.43%) SWIFT Messaging Network
Operating Systems
1 10 (4.26%) Windows
2 6 (2.55%) Linux
3 1 (0.43%) Android
3 1 (0.43%) Apple iOS
3 1 (0.43%) Unix
Processes & Methodologies
1 61 (25.96%) CI/CD
2 59 (25.11%) Agile
3 56 (23.83%) DevOps
4 46 (19.57%) Data Modelling
5 44 (18.72%) Migration
6 41 (17.45%) Asset Management
7 39 (16.60%) TDD
8 37 (15.74%) Microservices
9 32 (13.62%) Data Architecture
9 32 (13.62%) SDLC
10 31 (13.19%) Business Development
11 25 (10.64%) Data Migration
12 22 (9.36%) Mentoring
13 19 (8.09%) Data Analysis
13 19 (8.09%) Logical Data Model
14 18 (7.66%) Analytics
14 18 (7.66%) Customer Experience
14 18 (7.66%) Data Strategy
14 18 (7.66%) Physical Data Model
14 18 (7.66%) Platform Engineering
Programming Languages
1 49 (20.85%) SQL
2 38 (16.17%) Java
3 13 (5.53%) Python
4 10 (4.26%) PHP
5 8 (3.40%) JavaScript
5 8 (3.40%) Scala
6 3 (1.28%) Shell Script
7 1 (0.43%) Kotlin
Qualifications
1 21 (8.94%) AWS Certification
2 16 (6.81%) Azure Certification
3 7 (2.98%) PMI Certification
4 1 (0.43%) Degree
Quality Assurance & Compliance
1 5 (2.13%) NIST
2 2 (0.85%) ISO 20022
3 1 (0.43%) Data Quality
3 1 (0.43%) SLA
System Software
1 36 (15.32%) Docker
2 8 (3.40%) HDFS
3 3 (1.28%) KVM
3 3 (1.28%) Xen
Systems Management
1 48 (20.43%) Kubernetes
2 19 (8.09%) Terraform
3 11 (4.68%) Istio
4 2 (0.85%) Ansible
4 2 (0.85%) Rancher
Vendors
1 17 (7.23%) Microsoft
2 14 (5.96%) Red Hat
3 9 (3.83%) Databricks
4 8 (3.40%) Cloudera
5 6 (2.55%) Ab Initio
6 5 (2.13%) ServiceNow
7 3 (1.28%) Google
8 2 (0.85%) Cisco
8 2 (0.85%) Palo Alto
8 2 (0.85%) SAP
9 1 (0.43%) Adobe
9 1 (0.43%) Apple
9 1 (0.43%) BiZZdesign
9 1 (0.43%) Confluent
9 1 (0.43%) Fiserv
9 1 (0.43%) Informatica
9 1 (0.43%) Salesforce