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

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 256 431 574
Rank change year-on-year +175 +143 -73
Permanent jobs citing Investment Banking 1,142 726 857
As % of all permanent jobs advertised in the UK 1.15% 0.72% 0.55%
As % of the General category 1.93% 1.05% 0.85%
Number of salaries quoted 447 629 521
10th Percentile £67,500 £59,500 £52,500
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% -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 59,215 69,122 100,670
As % of all permanent jobs advertised in the UK 59.75% 68.21% 64.16%
Number of salaries quoted 39,629 37,296 50,752
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 £82,500 £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 9 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 9 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 +110 767 £117,500 +6.82% 114
UK excluding London +369 610 £75,000 +11.11% 14
London +56 528 £120,000 +4.35% 105
Scotland +119 368 £85,000 +21.43% 5
Work from Home +82 310 £135,000 +22.73% 35
South West +159 225 - -
South East +3 7 £42,500 -61.36% 1
North of England +34 4 £110,000 +83.33% 4
North West -4 4 £110,000 +83.33% 4
Northern Ireland +9 3 £65,000 +28.08% 2
East of England - 2 £100,000 - 1
West Midlands +1 1 - - 1
Midlands -21 1 - - 1

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 13 (1.14%) SharePoint
9 6 (0.53%) SAS
10 5 (0.44%) Tomcat
11 4 (0.35%) IIS
12 1 (0.088%) Adobe Experience Manager
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 5 (0.44%) Adaptiv
3 1 (0.088%) Oracle FAH
3 1 (0.088%) Oracle General Ledger
3 1 (0.088%) Oracle Subledger Accounting
Cloud Services
1 452 (39.58%) 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%) GitHub
7 14 (1.23%) Power Platform
8 9 (0.79%) Microsoft 365
9 4 (0.35%) Firebase
9 4 (0.35%) PaaS
9 4 (0.35%) Serverless
10 3 (0.26%) Amazon CloudWatch
10 3 (0.26%) Amazon SageMaker
10 3 (0.26%) Azure Data Factory
10 3 (0.26%) Azure DevOps
10 3 (0.26%) Datadog
10 3 (0.26%) Microsoft Purview
11 2 (0.18%) Azure Synapse Analytics
11 2 (0.18%) SaaS
Communications & Networking
1 18 (1.58%) DSL
2 11 (0.96%) Internet
3 9 (0.79%) Firewall
4 6 (0.53%) Cisco ASA
4 6 (0.53%) VPN
5 3 (0.26%) HTTP
6 2 (0.18%) DHCP
6 2 (0.18%) DNS
6 2 (0.18%) IPv4
7 1 (0.088%) SD-WAN
7 1 (0.088%) VSAN
7 1 (0.088%) WAN
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
8 18 (1.58%) SQL Server
9 17 (1.49%) MySQL
9 17 (1.49%) Relational Database
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 68 (5.95%) Selenium
4 64 (5.60%) WebDriver
5 60 (5.25%) Jasmine
5 60 (5.25%) Karma Test Runner
5 60 (5.25%) Protractor
6 34 (2.98%) Maven
7 27 (2.36%) 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 10 (0.88%) GitLab
13 7 (0.61%) TeamCity
14 4 (0.35%) Crashlytics
14 4 (0.35%) FitNesse
14 4 (0.35%) Octopus Deploy
14 4 (0.35%) SonarQube
General
1 1,142 (100.00%) Banking
2 988 (86.51%) Finance
3 599 (52.45%) Law
4 596 (52.19%) Inclusion and Diversity
5 352 (30.82%) Front Office
6 191 (16.73%) Social Skills
7 154 (13.49%) Analytical Skills
8 126 (11.03%) Financial Institution
9 98 (8.58%) Marketing
10 56 (4.90%) Presentation Skills
11 51 (4.47%) 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
3 258 (22.59%) Lead
4 252 (22.07%) Java Software Engineer
5 235 (20.58%) Analyst
6 187 (16.37%) 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 97 (8.49%) 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
4 241 (21.10%) 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 39 (3.42%) Management Information System
13 25 (2.19%) Credit Risk
13 25 (2.19%) Onboarding
13 25 (2.19%) Private Cloud
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 35 (3.06%) Windows
3 29 (2.54%) Android
4 16 (1.40%) Red Hat Enterprise Linux
5 14 (1.23%) Windows Server
6 10 (0.88%) 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%) Ubuntu
Processes & Methodologies
1 693 (60.68%) Agile
2 600 (52.54%) Software Engineering
3 407 (35.64%) Asset Management
4 337 (29.51%) SDLC
5 313 (27.41%) 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
12 129 (11.30%) Continuous Improvement
13 128 (11.21%) Coaching
14 125 (10.95%) Information Architecture
14 125 (10.95%) Visualisation
15 122 (10.68%) 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 32 (2.80%) C#
10 23 (2.01%) Ruby
11 22 (1.93%) PL/SQL
12 20 (1.75%) Bash
13 18 (1.58%) Perl
14 17 (1.49%) PowerShell
15 15 (1.31%) T-SQL
16 10 (0.88%) Korn
17 8 (0.70%) R
18 5 (0.44%) Shell Script
19 4 (0.35%) Swift
19 4 (0.35%) XAML
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 23 (2.01%) 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%) PMO
8 1 (0.088%) Sarbanes-Oxley
System Software
1 19 (1.66%) Docker
2 16 (1.40%) 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 10 (0.88%) Control-M
9 10 (0.88%) Red Hat Satellite
10 7 (0.61%) Single Sign-On
11 6 (0.53%) Oracle Enterprise Manager
12 5 (0.44%) SafeCom
13 1 (0.088%) Active Directory Federation Services
13 1 (0.088%) Enterprise Manager Cloud Control
13 1 (0.088%) PowerCLI
13 1 (0.088%) vCenter Server
Vendors
1 135 (11.82%) Microsoft
2 64 (5.60%) 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 13 (1.14%) Sun
12 11 (0.96%) 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