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

6 months to
10 May 2024
Same period 2023 Same period 2022
Rank 257 436 571
Rank change year-on-year +179 +135 -62
Permanent jobs citing Investment Banking 1,142 722 859
As % of all permanent jobs advertised in the UK 1.15% 0.71% 0.55%
As % of the General category 1.93% 1.05% 0.85%
Number of salaries quoted 447 625 522
10th Percentile £67,500 £57,500 £53,750
25th Percentile £87,500 £72,500 £61,250
Median annual salary (50th Percentile) £115,000 £110,000 £80,000
Median % change year-on-year +4.55% +37.50% -
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 59,322 68,855 101,002
As % of all permanent jobs advertised in the UK 59.79% 68.16% 64.21%
Number of salaries quoted 39,670 37,231 50,896
10th Percentile £27,500 £32,500 £32,500
25th Percentile £36,250 £43,162 £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 £82,000 £80,000
90th Percentile £92,500 £102,000 £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 10 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 10 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 +102 767 £117,500 +6.82% 121
UK excluding London +349 610 £75,000 +11.11% 20
London +56 528 £120,000 +4.35% 107
Scotland +124 368 £85,000 +21.43% 6
Work from Home +72 310 £135,000 +22.73% 38
South West +159 225 - -
South East +12 7 £42,500 -61.36% 2
North of England +28 4 £110,000 +83.33% 5
North West -15 4 £110,000 +83.33% 4
Northern Ireland +4 3 £65,000 +28.08% 3
East of England - 2 £100,000 - 2
West Midlands -11 1 - - 2
Midlands -26 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
1 213 (18.65%) Apache
2 205 (17.95%) Apache Airflow
3 31 (2.71%) Confluence
4 22 (1.93%) GemFire
5 21 (1.84%) Apache Spark
6 18 (1.58%) Microsoft Exchange
7 15 (1.31%) Cloud Foundry
8 12 (1.05%) SharePoint
9 6 (0.53%) SAS
10 5 (0.44%) Tomcat
11 3 (0.26%) IIS
12 1 (0.088%) Adobe Experience Manager
12 1 (0.088%) CMS
12 1 (0.088%) Oracle Coherence
12 1 (0.088%) WebSphere
Applications
1 115 (10.07%) Microsoft Excel
2 110 (9.63%) Microsoft PowerPoint
3 88 (7.71%) Microsoft Office
4 12 (1.05%) MS Visio
5 1 (0.088%) Camtasia
Business Applications
1 14 (1.23%) Aladdin
2 4 (0.35%) Adaptiv
3 1 (0.088%) Oracle FAH
3 1 (0.088%) Oracle General Ledger
3 1 (0.088%) Oracle Subledger Accounting
Cloud Services
1 451 (39.49%) AWS
2 205 (17.95%) dbt
3 184 (16.11%) Snowflake
4 119 (10.42%) GCP
5 51 (4.47%) Azure
6 25 (2.19%) Google Play
7 14 (1.23%) Power Platform
8 13 (1.14%) GitHub
9 9 (0.79%) Microsoft 365
10 4 (0.35%) Firebase
10 4 (0.35%) PaaS
10 4 (0.35%) 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 (0.18%) Azure Synapse Analytics
12 2 (0.18%) SaaS
Communications & Networking
1 18 (1.58%) DSL
2 11 (0.96%) Firewall
3 10 (0.88%) Internet
4 7 (0.61%) VPN
5 6 (0.53%) Cisco ASA
6 3 (0.26%) HTTP
7 2 (0.18%) DHCP
7 2 (0.18%) DNS
7 2 (0.18%) IPv4
7 2 (0.18%) WAN
8 1 (0.088%) LAN
8 1 (0.088%) SD-WAN
8 1 (0.088%) VSAN
Database & Business Intelligence
1 206 (18.04%) Apache Arrow
2 205 (17.95%) Amazon Athena
2 205 (17.95%) Apache Ignite
2 205 (17.95%) Data Lake
2 205 (17.95%) Dremio
3 56 (4.90%) Tableau
4 37 (3.24%) MongoDB
5 27 (2.36%) NoSQL
6 25 (2.19%) Big Data
7 21 (1.84%) Apache Cassandra
7 21 (1.84%) CockroachDB
7 21 (1.84%) Hazelcast
8 18 (1.58%) DB2
9 17 (1.49%) MySQL
9 17 (1.49%) Relational Database
9 17 (1.49%) SQL Server
10 16 (1.40%) Elasticsearch
11 14 (1.23%) Power BI
12 9 (0.79%) BusinessObjects
13 8 (0.70%) KDB
Development Applications
1 75 (6.57%) Cypress.io
2 72 (6.30%) JUnit
3 67 (5.87%) Selenium
4 63 (5.52%) WebDriver
5 60 (5.25%) Jasmine
5 60 (5.25%) Karma Test Runner
5 60 (5.25%) Protractor
6 34 (2.98%) Maven
7 26 (2.28%) Git
8 25 (2.19%) Android Studio
9 21 (1.84%) Jaeger
10 19 (1.66%) Cucumber
11 16 (1.40%) Jenkins
11 16 (1.40%) JIRA
12 9 (0.79%) GitLab
13 6 (0.53%) TeamCity
14 4 (0.35%) Crashlytics
15 3 (0.26%) FitNesse
15 3 (0.26%) Octopus Deploy
15 3 (0.26%) SonarQube
General
1 1,142 (100.00%) Banking
2 986 (86.34%) Finance
3 599 (52.45%) Law
4 596 (52.19%) Inclusion and Diversity
5 352 (30.82%) Front Office
6 190 (16.64%) Social Skills
7 154 (13.49%) Analytical Skills
8 125 (10.95%) Financial Institution
9 98 (8.58%) Marketing
10 56 (4.90%) Presentation Skills
11 50 (4.38%) Legal
12 28 (2.45%) Organisational Skills
13 27 (2.36%) Corporate Banking
14 24 (2.10%) Prime Brokerage
15 21 (1.84%) Games
16 19 (1.66%) French Language
17 15 (1.31%) Publishing
18 10 (0.88%) Influencing Skills
19 6 (0.53%) Private Banking
20 5 (0.44%) Documentation Skills
Job Titles
1 440 (38.53%) Software Engineer
2 262 (22.94%) Java Engineer
3 257 (22.50%) Lead
4 252 (22.07%) Java Software Engineer
5 235 (20.58%) Analyst
6 186 (16.29%) Developer
7 170 (14.89%) Lead Software Engineer
8 158 (13.84%) Senior
9 124 (10.86%) Python Engineer
9 124 (10.86%) Python Software Engineer
10 122 (10.68%) Lead Java Engineer
11 113 (9.89%) AWS Engineer
11 113 (9.89%) AWS Software Engineer
12 89 (7.79%) Java Developer
13 73 (6.39%) Senior Software Engineer
14 62 (5.43%) Developer/Software Engineer
15 59 (5.17%) Architect
16 58 (5.08%) Business Strategy Analyst
16 58 (5.08%) Strategy Analyst
17 56 (4.90%) Software Developer
Libraries, Frameworks & Software Standards
1 204 (17.86%) Pandas
2 203 (17.78%) gRPC
2 203 (17.78%) NumPy
2 203 (17.78%) Protocol Buffers
2 203 (17.78%) SciPy
3 183 (16.02%) Spring
4 151 (13.22%) React
5 126 (11.03%) Spring Boot
6 107 (9.37%) HTML
7 102 (8.93%) CSS
8 96 (8.41%) AngularJS
9 92 (8.06%) Kafka
10 62 (5.43%) JSON
11 61 (5.34%) Hibernate
11 61 (5.34%) jQuery
11 61 (5.34%) Node.js
12 60 (5.25%) J2EE
12 60 (5.25%) Jest
12 60 (5.25%) JMS
12 60 (5.25%) Twitter Bootstrap
Miscellaneous
1 288 (25.22%) Foreign Exchange (FX)
2 271 (23.73%) Fixed Income
3 252 (22.07%) Derivative
4 240 (21.02%) Hedge funds
5 231 (20.23%) Equities
6 170 (14.89%) Cloud Native
7 120 (10.51%) Algorithms
8 102 (8.93%) Self-Motivation
9 67 (5.87%) Data Structures
10 60 (5.25%) Product Ownership
11 55 (4.82%) Public Cloud
12 38 (3.33%) Management Information System
13 25 (2.19%) Onboarding
13 25 (2.19%) Private Cloud
14 24 (2.10%) Credit Risk
14 24 (2.10%) Pricing Data
15 23 (2.01%) Mobile App
16 21 (1.84%) Replication
17 18 (1.58%) OTC Derivatives
18 16 (1.40%) Distributed Applications
Operating Systems
1 39 (3.42%) Linux
2 36 (3.15%) Windows
3 29 (2.54%) Android
4 16 (1.40%) Red Hat Enterprise Linux
5 14 (1.23%) Windows Server
6 11 (0.96%) Unix
7 4 (0.35%) Apple iOS
8 3 (0.26%) Windows 10
9 1 (0.088%) AIX
9 1 (0.088%) CentOS
9 1 (0.088%) Debian
9 1 (0.088%) Ubuntu
9 1 (0.088%) Windows XP
Processes & Methodologies
1 692 (60.60%) Agile
2 600 (52.54%) Software Engineering
3 406 (35.55%) Asset Management
4 336 (29.42%) SDLC
5 312 (27.32%) CI/CD
6 301 (26.36%) Operational Stability
7 294 (25.74%) Machine Learning
8 287 (25.13%) Artificial Intelligence
9 229 (20.05%) Community of Practice
10 202 (17.69%) Investment Management
11 187 (16.37%) Problem-Solving
12 128 (11.21%) Continuous Improvement
13 127 (11.12%) Coaching
14 125 (10.95%) Information Architecture
14 125 (10.95%) Visualisation
15 121 (10.60%) TDD
16 117 (10.25%) Architectural Design
17 112 (9.81%) Multithreading
18 103 (9.02%) Analytics
19 95 (8.32%) Decision-Making
Programming Languages
1 561 (49.12%) Java
2 369 (32.31%) Python
3 349 (30.56%) JavaScript
4 295 (25.83%) TypeScript
5 169 (14.80%) SQL
6 39 (3.42%) Kotlin
7 36 (3.15%) Groovy
8 33 (2.89%) Scala
9 31 (2.71%) C#
10 22 (1.93%) PL/SQL
10 22 (1.93%) Ruby
11 20 (1.75%) Bash
12 18 (1.58%) Perl
13 16 (1.40%) PowerShell
14 15 (1.31%) T-SQL
15 9 (0.79%) Korn
16 8 (0.70%) R
17 5 (0.44%) Shell Script
18 4 (0.35%) C++
18 4 (0.35%) Swift
Qualifications
1 128 (11.21%) Degree
2 18 (1.58%) Master's Degree
3 17 (1.49%) Computer Science Degree
4 11 (0.96%) MBA
5 6 (0.53%) Tableau Certification
6 4 (0.35%) Azure Certification
7 3 (0.26%) CISA
7 3 (0.26%) CISM
7 3 (0.26%) CISSP
8 2 (0.18%) AWS Certification
8 2 (0.18%) CRISC
8 2 (0.18%) MCSA
8 2 (0.18%) Microsoft Certification
8 2 (0.18%) PhD
8 2 (0.18%) SAFe Agilist
9 1 (0.088%) CCAB
9 1 (0.088%) QiCA
Quality Assurance & Compliance
1 91 (7.97%) Data Quality
2 47 (4.12%) Accessibility
3 22 (1.93%) SLA
4 11 (0.96%) QA
5 5 (0.44%) SEPA
5 5 (0.44%) TARGET2
6 3 (0.26%) MiFID
7 2 (0.18%) EMIR
8 1 (0.088%) COBIT
8 1 (0.088%) COREP
8 1 (0.088%) IFRS
8 1 (0.088%) IFRS 17
8 1 (0.088%) IFRS 9
8 1 (0.088%) ISO/IEC 27001
8 1 (0.088%) ITGC
8 1 (0.088%) NIST
8 1 (0.088%) PMO
8 1 (0.088%) Sarbanes-Oxley
System Software
1 19 (1.66%) Docker
2 15 (1.31%) Active Directory
3 2 (0.18%) Apache ZooKeeper
3 2 (0.18%) VMware ESXi
3 2 (0.18%) VMware NSX
3 2 (0.18%) vSphere
4 1 (0.088%) GridGain
4 1 (0.088%) Hyper-V
4 1 (0.088%) Microsoft App-V
4 1 (0.088%) Microsoft Virtual Server
4 1 (0.088%) Virtual Servers
4 1 (0.088%) VMware Infrastructure
Systems Management
1 48 (4.20%) Kubernetes
2 36 (3.15%) Grafana
3 25 (2.19%) Prometheus
4 22 (1.93%) Terraform
5 21 (1.84%) HAProxy
5 21 (1.84%) ITRS Geneos
5 21 (1.84%) Kibana
5 21 (1.84%) Zipkin
6 19 (1.66%) Ansible
7 14 (1.23%) Puppet
8 12 (1.05%) Graphite
9 9 (0.79%) Red Hat Satellite
10 8 (0.70%) Control-M
11 7 (0.61%) Single Sign-On
12 5 (0.44%) Oracle Enterprise Manager
13 4 (0.35%) SafeCom
14 1 (0.088%) Active Directory Federation Services
14 1 (0.088%) Enterprise Manager Cloud Control
14 1 (0.088%) PowerCLI
14 1 (0.088%) vCenter Server
Vendors
1 135 (11.82%) Microsoft
2 63 (5.52%) Oracle
3 45 (3.94%) Alteryx
4 36 (3.15%) Splunk
5 26 (2.28%) Google
6 21 (1.84%) Dynatrace
6 21 (1.84%) Sybase
7 20 (1.75%) Cognos
7 20 (1.75%) Databricks
8 17 (1.49%) Red Hat
9 16 (1.40%) Bloomberg
10 14 (1.23%) BISAM
11 12 (1.05%) Sun
12 10 (0.88%) TOWER Software
13 9 (0.79%) Citrix
13 9 (0.79%) ServiceNow
14 8 (0.70%) VMware
15 7 (0.61%) Fortinet
15 7 (0.61%) Pega
15 7 (0.61%) UiPath