EU Revised Directive on Payment Services (PSD2)
UK

The table below provides summary statistics for permanent job vacancies requiring PSD2 skills. It includes a benchmarking guide to the annual salaries offered in vacancies that cited PSD2 over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 887 897 1212
Rank change year-on-year +10 +315 -300
Permanent jobs citing PSD2 17 22 51
As % of all permanent jobs advertised in the UK 0.015% 0.024% 0.030%
As % of the Quality Assurance & Compliance category 0.12% 0.13% 0.17%
Number of salaries quoted 16 21 14
10th Percentile - - £49,000
25th Percentile £46,250 £51,250 £54,688
Median annual salary (50th Percentile) £92,500 £55,000 £67,500
Median % change year-on-year +68.18% -18.52% -10.00%
75th Percentile £100,000 £62,500 £76,875
90th Percentile - £85,000 £86,375
UK excluding London median annual salary £100,000 £58,500 £62,500
% change year-on-year +70.94% -6.40% -3.85%

All Quality Assurance and Compliance Skills
UK

PSD2 falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all permanent job vacancies requiring quality assurance or compliance skills.

Permanent vacancies with a requirement for quality assurance or compliance skills 14,021 16,698 29,954
As % of all permanent jobs advertised in the UK 12.76% 18.06% 17.34%
Number of salaries quoted 9,272 8,331 13,395
10th Percentile £26,250 £32,000 £31,250
25th Percentile £36,250 £42,500 £41,250
Median annual salary (50th Percentile) £52,500 £57,500 £55,000
Median % change year-on-year -8.70% +4.55% +4.76%
75th Percentile £70,000 £76,250 £73,750
90th Percentile £91,500 £93,250 £90,000
UK excluding London median annual salary £47,500 £50,000 £48,500
% change year-on-year -5.00% +3.09% +2.11%

PSD2
Job Vacancy Trend

Job postings citing PSD2 as a proportion of all IT jobs advertised.

Job vacancy trend for PSD2 in the UK

PSD2
Salary Trend

3-month moving average salary quoted in jobs citing PSD2.

Salary trend for PSD2 in the UK

PSD2
Salary Histogram

Salary distribution for jobs citing PSD2 over the 6 months to 12 June 2024.

Salary histogram for PSD2 in the UK

PSD2
Top 6 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing PSD2 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 +25 16 £95,000 +72.73% 3
London +88 9 £47,500 -9.52% 3
Work from Home +21 9 £47,500 -13.64% 1
North of England +16 7 £100,000 +73.91%
UK excluding London -52 7 £100,000 +70.94%
Yorkshire - 7 £100,000 -

PSD2
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 13 (76.47%) Confluence
2 6 (35.29%) WordPress
Cloud Services
1 8 (47.06%) Cloud Computing
2 7 (41.18%) AWS
2 7 (41.18%) Azure
2 7 (41.18%) GCP
2 7 (41.18%) Slack
3 6 (35.29%) Figma
Communications & Networking
1 1 (5.88%) Cisco IPT
Database & Business Intelligence
1 7 (41.18%) Data Lake
1 7 (41.18%) Data Warehouse
1 7 (41.18%) NoSQL
Development Applications
1 13 (76.47%) JIRA
2 7 (41.18%) CircleCI
2 7 (41.18%) Cucumber
2 7 (41.18%) Git
2 7 (41.18%) GitLab
2 7 (41.18%) Jenkins
2 7 (41.18%) JUnit
2 7 (41.18%) Selenium
General
1 17 (100.00%) Finance
2 14 (82.35%) Social Skills
3 11 (64.71%) Banking
4 7 (41.18%) Legal
5 6 (35.29%) Analytical Skills
5 6 (35.29%) Publishing
6 1 (5.88%) Financial Institution
Job Titles
1 7 (41.18%) Lead
2 6 (35.29%) Analyst
2 6 (35.29%) Business Analyst
3 4 (23.53%) Junior
3 4 (23.53%) Junior Analyst
3 4 (23.53%) Junior Business Analyst
4 3 (17.65%) Product Owner
5 2 (11.76%) Payments Analyst
5 2 (11.76%) Payments Business Analyst
5 2 (11.76%) Service Owner
6 1 (5.88%) Auditor
6 1 (5.88%) IT Auditor
6 1 (5.88%) IT Manager
6 1 (5.88%) IT Risk Manager
6 1 (5.88%) Risk Manager
Libraries, Frameworks & Software Standards
1 7 (41.18%) RESTful
Miscellaneous
1 7 (41.18%) Mobile App
2 3 (17.65%) Product Ownership
3 1 (5.88%) Legacy Systems
3 1 (5.88%) Management Information System
3 1 (5.88%) Security Posture
3 1 (5.88%) Self-Motivation
3 1 (5.88%) Tandem
Processes & Methodologies
1 16 (94.12%) Agile
2 10 (58.82%) CI/CD
2 10 (58.82%) Data Management
3 8 (47.06%) DevOps
3 8 (47.06%) Fintech
3 8 (47.06%) Roadmaps
4 7 (41.18%) API Design
4 7 (41.18%) BDD
4 7 (41.18%) Coaching
4 7 (41.18%) Collaborative Culture
4 7 (41.18%) Containerisation
4 7 (41.18%) Continuous Deployment
4 7 (41.18%) Continuous Integration
4 7 (41.18%) Mentoring
4 7 (41.18%) Microservices
4 7 (41.18%) Mobile Application Development
4 7 (41.18%) Mobile Development
4 7 (41.18%) Project Management
4 7 (41.18%) Software Testing
4 7 (41.18%) Test Automation
Programming Languages
1 7 (41.18%) SQL
Qualifications
1 1 (5.88%) CIMA
1 1 (5.88%) CISA
1 1 (5.88%) CISM
1 1 (5.88%) CISSP
1 1 (5.88%) Computer Science Degree
1 1 (5.88%) CRISC
1 1 (5.88%) Degree
1 1 (5.88%) FFIEC
Quality Assurance & Compliance
1 8 (47.06%) GDPR
2 6 (35.29%) ISO 20022
3 1 (5.88%) AIFMD
3 1 (5.88%) COBIT
3 1 (5.88%) COSO
3 1 (5.88%) GRC
3 1 (5.88%) ISO/IEC 27001
3 1 (5.88%) NIST
3 1 (5.88%) Sarbanes-Oxley
Vendors
1 7 (41.18%) Duck Creek
1 7 (41.18%) Google
1 7 (41.18%) Microsoft
2 6 (35.29%) Atlassian