Banking Analyst Jobs

Banking Analyst
UK

The median Banking Analyst salary in the UK is £85,000 per year, according to job vacancies posted during the 6 months leading to 12 June 2024.

The table below provides salary benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 817 832 1183
Rank change year-on-year +15 +351 -272
Permanent jobs requiring a Banking Analyst 87 87 80
As % of all permanent jobs advertised in the UK 0.079% 0.094% 0.046%
As % of the Job Titles category 0.084% 0.10% 0.048%
Number of salaries quoted 77 84 77
10th Percentile £48,083 £41,250 £35,000
25th Percentile £75,000 £52,500 £47,238
Median annual salary (50th Percentile) £85,000 £55,000 £60,000
Median % change year-on-year +54.55% -8.33% -7.69%
75th Percentile £92,500 £71,563 £73,750
90th Percentile £122,500 £90,000 £97,500
UK excluding London median annual salary £42,000 £51,250 £44,000
% change year-on-year -18.05% +16.48% +12.82%

All Permanent IT Job Vacancies
UK

For comparison with the information above, the following table provides 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 104,121 84,323 165,675
% of permanent jobs with a recognized job title 94.77% 91.19% 95.89%
Number of salaries quoted 73,469 54,972 85,174
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,603 £45,000 £42,750
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 £53,519 £50,296
% change year-on-year -6.58% +6.41% +5.89%

Banking Analyst
Job Vacancy Trend

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

Job vacancy trend for Banking Analyst in the UK

Banking Analyst
Salary Trend

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

Salary trend for Banking Analyst in the UK

Banking Analyst
Salary Histogram

Salary distribution for jobs citing Banking Analyst over the 6 months to 12 June 2024.

Salary histogram for Banking Analyst in the UK

Banking Analyst
Top 8 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking Analyst within the UK over the 6 months to 12 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
England +35 86 £85,000 +54.55% 10
London +102 81 £85,000 +54.55% 8
Work from Home +47 50 £80,000 +45.45% 4
UK excluding London -55 6 £42,000 -18.05% 1
South East -25 4 £42,000 -1.18%
North of England - 1 - - 1
North West - 1 - - 1
Scotland - 1 - -

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

For the 6 months to 12 June 2024, Banking 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 Analyst in the job title.

1 87 (100.00%) Banking
2 63 (72.41%) SQL
3 62 (71.26%) Finance
4 41 (47.13%) Python
5 31 (35.63%) Front Office
6 30 (34.48%) Asset Management
6 30 (34.48%) Hedge funds
7 29 (33.33%) Investment Management
7 29 (33.33%) Derivative
8 21 (24.14%) Back Office
8 21 (24.14%) C#
8 21 (24.14%) Mentoring
9 16 (18.39%) Windows
10 15 (17.24%) AWS
11 13 (14.94%) ITIL
11 13 (14.94%) Inclusion and Diversity
12 12 (13.79%) Logical Data Model
12 12 (13.79%) Technical Analysis
12 12 (13.79%) Requirements Gathering
12 12 (13.79%) Oracle
12 12 (13.79%) Data Warehouse
12 12 (13.79%) Microsoft Exchange
12 12 (13.79%) Data Modelling
12 12 (13.79%) Reuters
12 12 (13.79%) Bloomberg
12 12 (13.79%) Use Case
12 12 (13.79%) Retail Banking
13 11 (12.64%) Patsystems
13 11 (12.64%) Ruby
13 11 (12.64%) Ubuntu

Banking 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 12 (13.79%) Microsoft Exchange
2 8 (9.20%) Apache
Applications
1 1 (1.15%) Microsoft Office
Business Applications
1 11 (12.64%) Fidessa
2 6 (6.90%) Oracle Cash Management
3 1 (1.15%) Oracle ERP
Cloud Services
1 15 (17.24%) AWS
2 9 (10.34%) Power Platform
3 8 (9.20%) Azure
3 8 (9.20%) dbt
4 7 (8.05%) Microsoft 365
5 4 (4.60%) Cloud Computing
6 2 (2.30%) SaaS
7 1 (1.15%) Entra ID
Communications & Networking
1 11 (12.64%) DHCP
1 11 (12.64%) DNS
1 11 (12.64%) Firewall
1 11 (12.64%) FIX Connectivity
1 11 (12.64%) TCP/IP
2 4 (4.60%) Wireless
3 3 (3.45%) LAN
3 3 (3.45%) WAN
4 1 (1.15%) VPN
4 1 (1.15%) Wi-Fi
Database & Business Intelligence
1 12 (13.79%) Data Warehouse
2 11 (12.64%) Metadata
2 11 (12.64%) SQL Server
3 9 (10.34%) Power BI
4 8 (9.20%) Apache Arrow
4 8 (9.20%) Big Data
4 8 (9.20%) Data Lake
4 8 (9.20%) Dremio
4 8 (9.20%) Tableau
Development Applications
1 2 (2.30%) JIRA
1 2 (2.30%) Postman
General
1 87 (100.00%) Banking
2 62 (71.26%) Finance
3 31 (35.63%) Front Office
4 21 (24.14%) Back Office
5 13 (14.94%) Inclusion and Diversity
6 12 (13.79%) Retail Banking
7 9 (10.34%) Investment Banking
8 7 (8.05%) Analytical Skills
8 7 (8.05%) Social Skills
9 4 (4.60%) Documentation Skills
9 4 (4.60%) Financial Institution
9 4 (4.60%) International Banking
9 4 (4.60%) Law
10 1 (1.15%) Influencing Skills
10 1 (1.15%) Retail
Libraries, Frameworks & Software Standards
1 11 (12.64%) FIX Protocol
2 2 (2.30%) OpenID
Miscellaneous
1 30 (34.48%) Hedge funds
2 29 (33.33%) Derivative
3 11 (12.64%) Eurex
3 11 (12.64%) Onboarding
4 10 (11.49%) SWIFT Messaging Network
5 8 (9.20%) Equities
5 8 (9.20%) Fixed Income
5 8 (9.20%) Foreign Exchange (FX)
5 8 (9.20%) Product Ownership
6 2 (2.30%) Management Information System
7 1 (1.15%) Blackberry
7 1 (1.15%) CMDB
7 1 (1.15%) Legacy Systems
Operating Systems
1 16 (18.39%) Windows
2 11 (12.64%) CentOS
2 11 (12.64%) Linux
2 11 (12.64%) Solaris
2 11 (12.64%) Ubuntu
2 11 (12.64%) Unix
3 4 (4.60%) Windows Server
4 2 (2.30%) Windows 10
5 1 (1.15%) Windows 7
5 1 (1.15%) Windows Server 2012
Processes & Methodologies
1 30 (34.48%) Asset Management
2 29 (33.33%) Investment Management
3 21 (24.14%) Mentoring
4 13 (14.94%) ITIL
5 12 (13.79%) Data Modelling
5 12 (13.79%) Logical Data Model
5 12 (13.79%) Requirements Gathering
5 12 (13.79%) Technical Analysis
5 12 (13.79%) Use Case
6 11 (12.64%) Client Onboarding
6 11 (12.64%) Data Analysis
6 11 (12.64%) Data Governance
6 11 (12.64%) Data Management
6 11 (12.64%) Domain Models
6 11 (12.64%) Metadata Management
6 11 (12.64%) Physical Data Model
6 11 (12.64%) Problem-Solving
7 9 (10.34%) Agile
7 9 (10.34%) Analytics
7 9 (10.34%) Business Analysis
Programming Languages
1 63 (72.41%) SQL
2 41 (47.13%) Python
3 21 (24.14%) C#
4 11 (12.64%) Bash
4 11 (12.64%) JavaScript
4 11 (12.64%) Perl
4 11 (12.64%) PowerShell
4 11 (12.64%) Ruby
5 4 (4.60%) Java
6 1 (1.15%) VBA
Qualifications
1 4 (4.60%) PMP
2 3 (3.45%) AWS Certification
2 3 (3.45%) Azure Certification
2 3 (3.45%) MCP
2 3 (3.45%) Microsoft Certification
3 2 (2.30%) Degree
4 1 (1.15%) CBAP
Quality Assurance & Compliance
1 11 (12.64%) Data Quality
2 4 (4.60%) QA
System Software
1 2 (2.30%) Active Directory
2 1 (1.15%) Virtual Desktop
2 1 (1.15%) VMware ESXi
2 1 (1.15%) VMware Infrastructure
2 1 (1.15%) vSphere
Systems Management
1 1 (1.15%) McAfee ePO
1 1 (1.15%) Microsoft Intune
1 1 (1.15%) NetBackup
1 1 (1.15%) Norton AntiVirus
1 1 (1.15%) SCCM
1 1 (1.15%) Symantec Enterprise Vault
1 1 (1.15%) vCenter Server
1 1 (1.15%) WSUS
Vendors
1 12 (13.79%) Bloomberg
1 12 (13.79%) Oracle
1 12 (13.79%) Reuters
2 11 (12.64%) CQG
2 11 (12.64%) ION Trading
2 11 (12.64%) Patsystems
2 11 (12.64%) Red Hat
2 11 (12.64%) Trayport
3 6 (6.90%) PeopleSoft
4 4 (4.60%) IBM
5 3 (3.45%) Microsoft
6 1 (1.15%) Alteryx
6 1 (1.15%) Altiris
6 1 (1.15%) Dataiku
6 1 (1.15%) McAfee
6 1 (1.15%) RightFax
6 1 (1.15%) Symantec
6 1 (1.15%) VMware