The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 26 September 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
26 Sep 2016
Same period 2015 Same period 2014
Retail Banking
Rank 27 28 23
Rank change year-on-year
+1 -5
Contract jobs citing Retail Banking 5 1 1
As % of all contract IT jobs located in Canary Wharf 2.96% 0.56% 0.88%
As % of the General category 4.07% 0.81% 1.16%
Number of daily rates quoted 5 0 0
Median daily rate £363 - -
UK excluding London median daily rate £413 £425 £450
% change year-on-year
-2.94% -5.55%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £10.00
Retail Banking
London

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the Canary Wharf region.

General Category
Canary Wharf
Contract IT job ads with a match in the
General category
123 123 86
As % of all contract IT jobs located in Canary Wharf 72.78% 69.49% 75.44%
Number of daily rates quoted 90 83 37
Median daily rate £438 £500 £450
Median daily rate % change year-on-year
-12.50% +11.11%
90% offered a daily rate of more than £325 £300 £300
10% offered a daily rate of more than £590 £630 £600
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 1 4 4
Median hourly rate £12.00 £27.00 £35.00
Median hourly rate % change year-on-year
-55.55% -22.85%
UK excluding London median hourly rate £20.50 £30.00 £26.50
% change year-on-year
-31.66% +13.20%

Retail Banking
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Retail Banking as a proportion of all IT contracts with a match in the General category.

Retail Banking Jobs Demand Trend in Canary Wharf

Retail Banking
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Retail Banking across the Canary Wharf region.

Retail Banking Daily Rate Trend in Canary Wharf

Retail Banking
Top 14 Related IT Skills in Canary Wharf

For the 6 months to 26 September 2016, IT contractor jobs citing Retail Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for Retail Banking.

1 10 (100.00%) Banking
1 10 (100.00%) Retail
2 6 (60.00%) Finance
3 5 (50.00%) Stakeholder Management
4 4 (40.00%) Agile Software Development
5 2 (20.00%) System Testing
5 2 (20.00%) SDLC
5 2 (20.00%) Project Management
6 1 (10.00%) Wealth Management
6 1 (10.00%) Document Management
6 1 (10.00%) Investment Banking
6 1 (10.00%) KYC
6 1 (10.00%) Waterfall
6 1 (10.00%) Investment Management

Retail Banking
Top Related IT Skills in Canary Wharf by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 10 (100.00%) Banking
1 10 (100.00%) Retail
2 6 (60.00%) Finance
3 1 (10.00%) Investment Banking
Job Titles
1 4 (40.00%) Analyst
1 4 (40.00%) Banking Analyst
1 4 (40.00%) Banking Business Analyst
1 4 (40.00%) Business Analyst
1 4 (40.00%) Project Manager
2 3 (30.00%) Banking Project Manager
3 2 (20.00%) Agile Project Manager
3 2 (20.00%) PMO Lead
4 1 (10.00%) Agile Development Manager
4 1 (10.00%) Development Manager
4 1 (10.00%) Development Project Manager
4 1 (10.00%) Investment Banking Project Manager
4 1 (10.00%) Junior
4 1 (10.00%) Junior Project Manager
4 1 (10.00%) KYC Analyst
4 1 (10.00%) Software Development Manager
4 1 (10.00%) Software Development Project Manager
4 1 (10.00%) Software Project Manager
Processes & Methodologies
1 5 (50.00%) Stakeholder Management
2 4 (40.00%) Agile Software Development
3 2 (20.00%) Project Management
3 2 (20.00%) SDLC
3 2 (20.00%) System Testing
4 1 (10.00%) Document Management
4 1 (10.00%) Investment Management
4 1 (10.00%) KYC
4 1 (10.00%) Waterfall
4 1 (10.00%) Wealth Management