Banking Analyst Contracts in the City of London

Banking Analyst
Central London > City of London

The median Banking Analyst daily rate in the City of London is £518 according to job vacancies posted during the 6 months to 28 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 118 165 169
Rank change year-on-year +47 +4 -36
Contract jobs requiring a Banking Analyst 8 12 23
As % of all contract jobs advertised in the City of London 0.36% 0.33% 0.54%
As % of the Job Titles category 0.38% 0.35% 0.57%
Number of daily rates quoted 4 12 11
10th Percentile £299 - £344
25th Percentile £354 £240 £422
Median daily rate (50th Percentile) £518 £409 £600
Median % change year-on-year +26.61% -31.88% +9.09%
75th Percentile £666 £699 £725
90th Percentile £694 £723 £750
Central London median daily rate £518 £409 £600
% change year-on-year +26.61% -31.88% +9.09%

All Contract IT Job Vacancies
City of London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the City of London with a recognized job title 2,091 3,472 4,005
% of contract IT jobs with a recognized job title 94.96% 95.25% 94.48%
Number of daily rates quoted 1,483 2,364 3,018
10th Percentile £350 £350 £363
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £553 £600 £565
Median % change year-on-year -7.92% +6.19% +7.62%
75th Percentile £688 £725 £675
90th Percentile £792 £820 £775
Central London median daily rate £550 £585 £560
% change year-on-year -5.98% +4.46% +6.67%
Number of hourly rates quoted 17 22 51
10th Percentile £16.46 £15.50 £13.88
25th Percentile £20.22 £18.50 £18.50
Median hourly rate £23.00 £35.00 £37.00
Median % change year-on-year -34.29% -5.41% +111.43%
75th Percentile £27.50 £58.75 £51.25
90th Percentile £44.10 £87.97 £62.50
Central London median hourly rate £25.78 £35.00 £37.00
% change year-on-year -26.34% -5.41% +108.60%

Banking Analyst
Job Vacancy Trend in the City of London

Job postings that featured Banking Analyst in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Banking Analyst in the City of London

Banking Analyst
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Banking Analyst in the City of London.

Daily rate trend for Banking Analyst in the City of London

Banking Analyst
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Banking Analyst in the City of London over the 6 months to 28 April 2024.

Daily rate histogram for Banking Analyst in the City of London

Banking Analyst
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Banking Analyst in the City of London.

Hourly rate trend for Banking Analyst in the City of London

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in the City of London

For the 6 months to 28 April 2024, Banking Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region featuring Banking Analyst in the job title.

1 8 (100.00%) Banking
2 5 (62.50%) Investment Banking
3 4 (50.00%) Finance
4 3 (37.50%) Analytical Skills
4 3 (37.50%) GAP Analysis
4 3 (37.50%) GoldenSource
4 3 (37.50%) Python
4 3 (37.50%) Bloomberg
4 3 (37.50%) SQL
4 3 (37.50%) Tableau
4 3 (37.50%) Analytics
5 2 (25.00%) Power BI
5 2 (25.00%) Data Modelling
5 2 (25.00%) Business Intelligence
5 2 (25.00%) SLA
5 2 (25.00%) Data Analysis
5 2 (25.00%) Management Information System
5 2 (25.00%) Data Analytics
5 2 (25.00%) Decision-Making
5 2 (25.00%) Problem-Solving
5 2 (25.00%) Power Platform
5 2 (25.00%) Social Skills
6 1 (12.50%) Presentation Skills
6 1 (12.50%) Business Strategy
6 1 (12.50%) Service Catalogue
6 1 (12.50%) PowerApps
6 1 (12.50%) Power Automate
6 1 (12.50%) Requirements Gathering
6 1 (12.50%) Tableau Certification
6 1 (12.50%) Organisational Skills

Banking Analyst Skill Set
Co-occurring Skills and Capabilities in the City of London 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:

Applications
1 1 (12.50%) Microsoft Excel
Cloud Services
1 2 (25.00%) Power Platform
2 1 (12.50%) AWS
2 1 (12.50%) Azure
2 1 (12.50%) Power Automate
2 1 (12.50%) PowerApps
Database & Business Intelligence
1 3 (37.50%) Tableau
2 2 (25.00%) Power BI
3 1 (12.50%) SQL Server
Development Applications
1 1 (12.50%) Git
General
1 8 (100.00%) Banking
2 5 (62.50%) Investment Banking
3 4 (50.00%) Finance
4 3 (37.50%) Analytical Skills
5 2 (25.00%) Social Skills
6 1 (12.50%) Corporate Banking
6 1 (12.50%) Financial Institution
6 1 (12.50%) Front Office
6 1 (12.50%) Organisational Skills
6 1 (12.50%) Presentation Skills
6 1 (12.50%) Retail
6 1 (12.50%) Retail Banking
Miscellaneous
1 2 (25.00%) Management Information System
2 1 (12.50%) Analytical Mindset
2 1 (12.50%) Foreign Exchange (FX)
2 1 (12.50%) Reference Data
2 1 (12.50%) SWIFT Messaging Network
Processes & Methodologies
1 3 (37.50%) Analytics
1 3 (37.50%) GAP Analysis
2 2 (25.00%) Business Intelligence
2 2 (25.00%) Data Analysis
2 2 (25.00%) Data Analytics
2 2 (25.00%) Data Modelling
2 2 (25.00%) Decision-Making
2 2 (25.00%) Problem-Solving
3 1 (12.50%) Actionable Insight
3 1 (12.50%) Anti-Money Laundering
3 1 (12.50%) Business Strategy
3 1 (12.50%) CRM
3 1 (12.50%) Customer-Centricity
3 1 (12.50%) Dashboard Development
3 1 (12.50%) Data-Driven Decision Making
3 1 (12.50%) KYC
3 1 (12.50%) Regulatory Compliance
3 1 (12.50%) Requirements Gathering
3 1 (12.50%) Risk Management
3 1 (12.50%) Service Catalogue
Programming Languages
1 3 (37.50%) Python
1 3 (37.50%) SQL
2 1 (12.50%) C++
2 1 (12.50%) Java
2 1 (12.50%) PL/SQL
2 1 (12.50%) R
Qualifications
1 1 (12.50%) Degree
1 1 (12.50%) Tableau Certification
Quality Assurance & Compliance
1 2 (25.00%) SLA
Vendors
1 3 (37.50%) Bloomberg
1 3 (37.50%) GoldenSource
2 1 (12.50%) Alteryx
2 1 (12.50%) Calypso
2 1 (12.50%) Microsoft
2 1 (12.50%) Salesforce
2 1 (12.50%) ServiceNow