A person working as FinTech Analyst in Scotland typically earns around 116,000 GBP. Salaries range from 53,500 GBP (lowest) to 185,000 GBP (highest).
This is the average salary including housing, transport, and other benefits. FinTech Analyst salaries in Scotland vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
![]() 53,500 GBP |
![]() 111,000 GBP |
![]() 185,000 GBP |
Salaries for the position FinTech Analyst in Scotland range from 53,500 GBP (starting salary) to 185,000 GBP (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 111,000 GBP, half of the professionals who work as FinTech Analyst in Scotland earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as FinTech Analyst in Scotland earn less than 89,600 GBP, while 75% earn more. Similarly, the chart shows that 75% earn less than 128,000 GBP while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title FinTech Analyst in Scotland compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 66,600 GBP to 96,700 GBP. About 20% of salaries are below the 66,600 GBP mark, while 10% fall within the range of 96,700 GBP to 110,000 GBP. Only 5% of individuals have salaries exceeding 110,000 GBP.
0 - 2 Years | 60,800 GBP | |
2 - 5 Years | +34% | 81,100 GBP |
5 - 10 Years | +48% | 120,000 GBP |
10 - 15 Years | +22% | 146,000 GBP |
15 - 20 Years | +9% | 159,000 GBP |
20+ Years | +8% | 173,000 GBP |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as FinTech Analyst and this is what we found.
Employees with less than two years of experience earn approximately 60,800 GBP.
While someone with an experience level between two and five years is expected to earn 81,100 GBP, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 120,000 GBP, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 146,000 GBP, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 159,000 GBP, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 173,000 GBP, 8% more than people with fifteen to twenty years of experience.
High School | 74,600 GBP | |
Certificate or Diploma | +18% | 87,700 GBP |
Bachelor's Degree | +45% | 127,000 GBP |
Master's Degree | +31% | 167,000 GBP |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position FinTech Analyst in order to make a comparison.
Employees at this education level have an average salary of 74,600 GBP.
At this level, the average salary becomes 87,700 GBP, 18% more than the previous level.
At this level, the average salary becomes 127,000 GBP, 45% more than the previous level.
At this level, the average salary becomes 167,000 GBP, 31% more than the previous level.
A Master's degree program or any post-graduate program in United Kingdom costs anywhere from 29,700 GBP to 89,100 GBP and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as FinTech Analyst in United Kingdom, the average difference between the salary of male and female employees is 5%.
Male | 92,300 GBP | |
Female | -5% | 88,000 GBP |
Individuals working as FinTech Analyst in United Kingdom are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | % | |
No Bonus | 100% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs | |
Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The minimum pay rate per hour for people working as FinTech Analyst in Scotland is 26 GBP. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Accounting and Finance | ![]() | |
Account Examiner | 53,400 GBP | ![]() |
Account Executive | 87,100 GBP | ![]() |
Accountant | 68,900 GBP | ![]() |
Accounting Analyst | 84,200 GBP | ![]() |
Accounting Assistant | 55,500 GBP | ![]() |
Accounting Associate | 53,000 GBP | ![]() |
Accounting Clerk | 43,100 GBP | ![]() |
Accounting Coordinator | 64,100 GBP | ![]() |
Accounting Head | 138,000 GBP | ![]() |
Accounting Manager | 148,000 GBP | ![]() |
Accounting Officer | 52,400 GBP | ![]() |
Accounting Specialist | 98,700 GBP | ![]() |
Accounting Supervisor | 97,300 GBP | ![]() |
Accounting Technician | 51,400 GBP | ![]() |
Accounting Unit Controller | 118,000 GBP | ![]() |
Accounts Executive | 88,900 GBP | ![]() |
Accounts Officer | 53,100 GBP | ![]() |
Accounts Payable and Receivable Specialist | 69,000 GBP | ![]() |
Accounts Payable Assistant | 54,600 GBP | ![]() |
Accounts Payable Associate | 62,400 GBP | ![]() |
Accounts Payable Clerk | 53,400 GBP | ![]() |
Accounts Payable Manager | 146,000 GBP | ![]() |
Accounts Receivable Administrator | 106,000 GBP | ![]() |
Accounts Receivable Clerk | 51,300 GBP | ![]() |
Accounts Receivable Financial Analyst | 104,000 GBP | ![]() |
Accounts Receivable Manager | 138,000 GBP | ![]() |
Accounts Receivable Team Leader | 101,000 GBP | ![]() |
Algorithmic Trading Specialist | 119,000 GBP | ![]() |
Assistant Accountant | 56,600 GBP | ![]() |
Assistant Accounting Manager | 134,000 GBP | ![]() |
Assistant Auditor | 70,400 GBP | ![]() |
Assistant Corporate Controller | 98,700 GBP | ![]() |
Assistant Finance Manager | 154,000 GBP | ![]() |
Assistant Financial Controller | 95,800 GBP | ![]() |
Audit Director | 167,000 GBP | ![]() |
Audit Supervisor | 124,000 GBP | ![]() |
Auditing Clerk | 53,100 GBP | ![]() |
Auditing Manager | 144,000 GBP | ![]() |
Billing Clerk | 55,500 GBP | ![]() |
Billing Coordinator | 61,800 GBP | ![]() |
Billing Specialist | 72,600 GBP | ![]() |
Billing Supervisor | 105,000 GBP | ![]() |
Bookkeeper | 46,400 GBP | ![]() |
Bookkeeping Specialist | 70,100 GBP | ![]() |
Budget Analyst | 125,000 GBP | ![]() |
Budget Manager | 139,000 GBP | ![]() |
Business Support Analyst | 79,300 GBP | ![]() |
Capital Markets Associate | 108,000 GBP | ![]() |
Cash Flow Analyst | 105,000 GBP | ![]() |
Cash Management Manager | 142,000 GBP | ![]() |
Cash Management Officer | 84,900 GBP | ![]() |
Cashbook Clerk | 49,800 GBP | ![]() |
Chartered Accountant | 88,000 GBP | ![]() |
Chief Accountant | 103,000 GBP | ![]() |
Chief Financial Technology Officer | 141,000 GBP | ![]() |
Collections Clerk | 44,300 GBP | ![]() |
Collections Representative | 59,500 GBP | ![]() |
Collections Specialist | 74,000 GBP | ![]() |
Corporate Controller | 113,000 GBP | ![]() |
Corporate Treasurer | 139,000 GBP | ![]() |
Cost Accountant | 68,200 GBP | ![]() |
Cost Accounting Manager | 134,000 GBP | ![]() |
Cost Accounting Supervisor | 115,000 GBP | ![]() |
Cost Analyst | 111,000 GBP | ![]() |
Credit and Collection Manager | 135,000 GBP | ![]() |
Credit and Collection Staff | 52,800 GBP | ![]() |
Credit and Loans Officer | 51,900 GBP | ![]() |
Credit Controller | 102,000 GBP | ![]() |
Credit Manager | 154,000 GBP | ![]() |
Debt Adviser | 121,000 GBP | ![]() |
Debt Collector | 55,200 GBP | ![]() |
Debtors Clerk | 50,100 GBP | ![]() |
Debtors Controller | 52,400 GBP | ![]() |
Deputy CFO | 197,000 GBP | ![]() |
Deputy Head of Finance | 189,000 GBP | ![]() |
Derivative Trader | 121,000 GBP | ![]() |
Director of Finance | 219,000 GBP | ![]() |
E-commerce Accountant | 71,900 GBP | ![]() |
Economist | 163,000 GBP | ![]() |
Equity Analyst | 130,000 GBP | ![]() |
Escrow Assistant | 61,600 GBP | ![]() |
Executive Accountant | 80,900 GBP | ![]() |
External Auditor | 99,800 GBP | ![]() |
Finance Administrator | 85,700 GBP | ![]() |
Finance Analyst | 129,000 GBP | ![]() |
Finance Associate | 59,500 GBP | ![]() |
Finance Data Analyst | 111,000 GBP | ![]() |
Finance Director | 208,000 GBP | ![]() |
Finance Executive | 151,000 GBP | ![]() |
Finance Licensing Clerk | 51,900 GBP | ![]() |
Finance Licensing Manager | 142,000 GBP | ![]() |
Finance Licensing Specialist | 74,800 GBP | ![]() |
Finance Manager | 204,000 GBP | ![]() |
Finance Officer | 70,800 GBP | ![]() |
Finance President | 219,000 GBP | ![]() |
Finance Relationship Manager | 162,000 GBP | ![]() |
Finance Release Analyst | 80,800 GBP | ![]() |
Finance Specialist | 112,000 GBP | ![]() |
Finance Team Leader | 160,000 GBP | ![]() |
Financial Accountant | 70,400 GBP | ![]() |
Financial Actuary | 106,000 GBP | ![]() |
Financial Administrator | 116,000 GBP | ![]() |
Financial Advisor | 127,000 GBP | ![]() |
Financial Analyst | 134,000 GBP | ![]() |
Financial Applications Specialist | 91,000 GBP | ![]() |
Financial Assistant | 54,600 GBP | ![]() |
Financial Associate | 68,700 GBP | ![]() |
Financial Claims Analyst | 96,000 GBP | ![]() |
Financial Claims Manager | 131,000 GBP | ![]() |
Financial Claims Supervisor | 113,000 GBP | ![]() |
Financial Clerk | 52,300 GBP | ![]() |
Financial Commercial Analyst | 102,000 GBP | ![]() |
Financial Compliance Analyst | 109,000 GBP | ![]() |
Financial Compliance Officer | 113,000 GBP | ![]() |
Financial Consultant | 92,400 GBP | ![]() |
Financial Controller | 111,000 GBP | ![]() |
Financial Coordinator | 64,000 GBP | ![]() |
Financial Customer Service Manager | 126,000 GBP | ![]() |
Financial Data Scientist | 136,000 GBP | ![]() |
Financial Dealer and Broker | 77,900 GBP | ![]() |
Financial Director | 200,000 GBP | ![]() |
Financial Encoder | 59,900 GBP | ![]() |
Financial Manager | 192,000 GBP | ![]() |
Financial Modelling Analyst | 123,000 GBP | ![]() |
Financial Operations Manager | 180,000 GBP | ![]() |
Financial Policy Analyst | 113,000 GBP | ![]() |
Financial Project Manager | 139,000 GBP | ![]() |
Financial Quantitative Analyst | 121,000 GBP | ![]() |
Financial Reporting Consultant | 102,000 GBP | ![]() |
Financial Reporting Manager | 139,000 GBP | ![]() |
Financial Section Head | 132,000 GBP | ![]() |
Financial Services Manager | 180,000 GBP | ![]() |
Financial Services Sales Agent | 74,700 GBP | ![]() |
Financial Technology Consultant | 111,000 GBP | ![]() |
Financial Wellness Coach | 149,000 GBP | ![]() |
FinTech Analyst | 116,000 GBP | ![]() |
Fixed Assets Administrator | 73,300 GBP | ![]() |
Forensic Accountant | 81,500 GBP | ![]() |
Fraud Detection Supervisor | 87,700 GBP | ![]() |
Fraud Prevention Manager | 150,000 GBP | ![]() |
Fund Accountant | 65,300 GBP | ![]() |
Grants Coordinator | 54,500 GBP | ![]() |
Green Finance Analyst | 106,000 GBP | ![]() |
Group Financial Manager | 212,000 GBP | ![]() |
Internal Auditor | 98,100 GBP | ![]() |
Internal Control Adviser | 112,000 GBP | ![]() |
Internal Control Officer | 63,900 GBP | ![]() |
International Tax Director | 164,000 GBP | ![]() |
Inventory Accountant | 77,100 GBP | ![]() |
Investment Advisor | 189,000 GBP | ![]() |
Investment Analyst | 143,000 GBP | ![]() |
Investment Associate | 116,000 GBP | ![]() |
Investment Broker | 113,000 GBP | ![]() |
Investment Fund Manager | 159,000 GBP | ![]() |
Investment Operations Manager | 156,000 GBP | ![]() |
Investment Underwriter | 62,300 GBP | ![]() |
Investor | 94,100 GBP | ![]() |
Investor Relations Manager | 136,000 GBP | ![]() |
KYC Team Leader | 140,000 GBP | ![]() |
Loan Processor | 56,000 GBP | ![]() |
Management Accountant | 78,600 GBP | ![]() |
Management Economist | 158,000 GBP | ![]() |
Paymaster | 56,900 GBP | ![]() |
Payroll Administrator | 93,700 GBP | ![]() |
Payroll Benefits Coordinator | 77,100 GBP | ![]() |
Payroll Billing Manager | 131,000 GBP | ![]() |
Payroll Clerk | 63,900 GBP | ![]() |
Payroll Manager | 125,000 GBP | ![]() |
Payroll Officer | 64,500 GBP | ![]() |
Payroll Specialist | 71,900 GBP | ![]() |
Payroll Supervisor | 89,800 GBP | ![]() |
Pensions Administrator | 71,800 GBP | ![]() |
Personal Financial Advisor | 107,000 GBP | ![]() |
Pricing Analyst | 113,000 GBP | ![]() |
Private Equity Analyst | 131,000 GBP | ![]() |
Project Accountant | 77,100 GBP | ![]() |
Proposal Development Coordinator | 60,300 GBP | ![]() |
Quantitative Trader | 99,000 GBP | ![]() |
Receivables Accountant | 66,400 GBP | ![]() |
Regulatory Accountant | 81,000 GBP | ![]() |
Retirement Plan Analyst | 113,000 GBP | ![]() |
Revenue Management Specialist | 121,000 GBP | ![]() |
Revenue Recognition Analyst | 137,000 GBP | ![]() |
Risk Management Director | 173,000 GBP | ![]() |
Risk Management Supervisor | 146,000 GBP | ![]() |
Staff Accountant | 66,000 GBP | ![]() |
Tax Accountant | 64,600 GBP | ![]() |
Tax Administrator | 80,200 GBP | ![]() |
Tax Advisor | 106,000 GBP | ![]() |
Tax Analyst | 109,000 GBP | ![]() |
Tax Associate | 59,900 GBP | ![]() |
Tax Consultant | 117,000 GBP | ![]() |
Tax Director | 158,000 GBP | ![]() |
Tax Examiner | 77,900 GBP | ![]() |
Tax Manager | 141,000 GBP | ![]() |
Tax Research Manager | 145,000 GBP | ![]() |
Teller | 43,600 GBP | ![]() |
Treasury Accountant | 74,300 GBP | ![]() |
Treasury Analyst | 118,000 GBP | ![]() |
Underwriter | 47,400 GBP | ![]() |
Underwriting Assistant | 45,900 GBP | ![]() |
Vice President of Finance | 195,000 GBP | ![]() |
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United Kingdom is 4% on average across all career fields.
Private Sector | 69,700 GBP | |
Public Sector | +4% | 72,800 GBP |
A good and competitive compensation would range anywhere between 111,000 GBP and 128,000 GBP. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
The base salary for a careers like FinTech Analyst in Scotland ranges from 53,500 GBP to 89,600 GBP. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
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