BS Risk Mid-year - Flipbook - Page 8
BARCLAYSIMPSON.COM
8
Salary
trends
Given the overall tenor of the
recruitment markets in 2024, as well
as the significant wage inflation of
the previous three years, it will come
as no surprise that salary levels have
remained comparatively flat.
RISK MANAGEMENT & QUANTS | RECRUITMENT MARKET UPDATE 2024
Nevertheless, earnings have started
to outpace inflation, with salary levels
for those remaining at their current
employer averaging around 5-7%.
For those seeking opportunities
elsewhere, salary increases in the
range of 10-20% are available, but
typically 10-12% is the most likely
outcome across most markets.
Retail Banking – Credit Risk
London
South East
Regional
Contract day rate
Junior Analyst (0-12 mths)
£40k – £45k
£35k – £40k
£30k – £35k
£200 – £250
Analyst (2-3 yrs)
£45k – £55k
£40k – £55k
£35k – £40k
£250 – £350
Senior Analyst (3-6 yrs)
£55k – £70k
£55k – £70k
£40k – £60k
£300 – £450
Manager (6-9 yrs)
£70k – £85k
£70k – £85k
£60k – £75k
£500 – £600
Senior Manager (9-12 yrs)
£85k – £100k
£85k – £100k
£75k – £90k
£650 – £750
Director (12+ yrs)
£100k – £120k
£100k – £130k
£90k – £110k
£700 – £800
Head of Credit Risk
£120k +
£120k +
110k +
£800+
London
South East
Regional
Contract day rate
Analyst
£40k – £60k
£40k – £60k
£35k – £45k
£200 – £350
Manager
£60k – £90k
£60k – £90k
£5k – £75k
£400 – £500
Senior Manager
£70k – £110k
£70k – £110k
£65k – £90k
£450 – £600
Director
£100k – £140k
£100k – £140k
£85k – £110k
£600 – £750
Head of Operational Risk
£125k+
£125k+
£100k+
£700 – £850
London
South East
Regional
Contract day rate
Graduate / Junior Analyst (0-12 mths)
£40k – £45k
£40k – £45k
£40k – £45k
£200 – £250
Analyst (2-3 yrs)
£45k – £60k
£45k – £60k
£35k – £45k
£200 – £300
Associate Vice President (3-6 yrs)
£60k – £85k
£60k – £85k
£40k – £60k
£250 – £400
Retail Banking – Operational Risk
Corporate Banking – Credit Risk
Vice President (6-9 yrs)
£90k – £130k
£90k – £130k
£80k – £110k
£450 – £550
Director (10+ yrs)
£130k – £180k
£130k – £180k
£110k – £150k
£650 – £800
Managing Director
£180k – £250k
£180k – £250k
£150k – £250k
£850 – £1k
Chief Credit Officer
£250k+
£250k+
£200k+
£1k+
London
South East
Regional
Contract day rate
£200 – £250
Corporate Investment Banking – Operational Risk
Graduate / Junior Analyst (0-12 mths)
£35k – £45k
£35k – £45k
£30k – £40k
Analyst (2-3 yrs)
£45k – £60k
£45k – £60k
£35k – £45k
£250 – £300
Associate Vice President (3-6 yrs)
£60k – £80k
£60k – £80k
£45k – £70k
£300 – £400
Vice President (6-9 yrs)
£80k – £115k
£80k – £115k
£70k – £90k
£450 – £550
Executive Director / Senior Vice President (10+ yrs)
£110k – £145k
£110k – £145k
£80k – £100k
£600 – £800
Head of Operational Risk / Managing Director
£160k+
£160k+
£100k+
£800+
