Investment Banking Contracts in the City of London

Investment Banking
Central London > City of London

The table below looks at the prevalence of the term Investment Banking in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 22 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
22 May 2024
Same period 2023 Same period 2022
Rank 54 51 72
Rank change year-on-year -3 +21 -19
Contract jobs citing Investment Banking 78 145 150
As % of all contract jobs advertised in the City of London 3.61% 4.14% 3.56%
As % of the General category 5.41% 6.58% 6.15%
Number of daily rates quoted 52 110 102
10th Percentile £453 £512 £563
25th Percentile £563 £608 £651
Median daily rate (50th Percentile) £675 £706 £725
Median % change year-on-year -4.42% -2.59% +11.54%
75th Percentile £788 £824 £838
90th Percentile £969 £1,063 £913
Central London median daily rate £675 £706 £725
% change year-on-year -4.42% -2.59% +11.54%
Number of hourly rates quoted 0 0 2
Median hourly rate - - £26.00
Central London median hourly rate - - £26.00

All General Skills
City of London

Investment Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,443 2,203 2,438
As % of all contract IT jobs advertised in the City of London 66.71% 62.87% 57.87%
Number of daily rates quoted 1,014 1,552 1,770
10th Percentile £338 £363 £350
25th Percentile £450 £500 £469
Median daily rate (50th Percentile) £575 £620 £575
Median % change year-on-year -7.26% +7.83% +4.55%
75th Percentile £693 £738 £688
90th Percentile £813 £825 £788
Central London median daily rate £550 £600 £565
% change year-on-year -8.33% +6.19% +2.73%
Number of hourly rates quoted 8 14 30
10th Percentile £18.74 £14.25 £18.50
25th Percentile £20.15 £15.78 £21.00
Median hourly rate £22.41 £21.00 £39.00
Median % change year-on-year +6.70% -46.15% +143.75%
75th Percentile £27.13 £50.14 £51.31
90th Percentile £34.33 £57.25 £62.83
Central London median hourly rate £24.00 £28.00 £39.00
% change year-on-year -14.29% -28.21% +122.86%

Investment Banking
Job Vacancy Trend in the City of London

Job postings citing Investment Banking as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Investment Banking in the City of London

Investment Banking
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Investment Banking in the City of London

Investment Banking
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Investment Banking in the City of London over the 6 months to 22 May 2024.

Daily rate histogram for Investment Banking in the City of London

Investment Banking
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for Investment Banking in the City of London

Investment Banking
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:

Application Platforms
1 5 (6.41%) Microsoft Exchange
2 2 (2.56%) Adobe Experience Manager
2 2 (2.56%) Apache Spark
3 1 (1.28%) Apache
Applications
1 2 (2.56%) Microsoft Office
2 1 (1.28%) Microsoft Excel
2 1 (1.28%) Microsoft PowerPoint
Cloud Services
1 14 (17.95%) Azure
2 9 (11.54%) AWS
3 7 (8.97%) Power Platform
4 5 (6.41%) Dynamics 365
4 5 (6.41%) Power Automate
5 4 (5.13%) Azure DevOps
6 3 (3.85%) Amazon S3
6 3 (3.85%) Amazon SQS
7 2 (2.56%) NuGet
8 1 (1.28%) Azure AKS
8 1 (1.28%) Azure Data Factory
8 1 (1.28%) Azure Key Vault
8 1 (1.28%) GCP
Communications & Networking
1 2 (2.56%) Firewall
2 1 (1.28%) SSH
Database & Business Intelligence
1 14 (17.95%) SQL Server
2 8 (10.26%) Relational Database
3 7 (8.97%) KDB
4 3 (3.85%) Data Warehouse
4 3 (3.85%) MySQL
4 3 (3.85%) SQL Server Reporting Services
5 2 (2.56%) Data Mart
5 2 (2.56%) Metadata
5 2 (2.56%) Oracle Database
5 2 (2.56%) Power BI
6 1 (1.28%) Apache Hive
6 1 (1.28%) Azure SQL Database
6 1 (1.28%) Big Data
6 1 (1.28%) Hadoop
6 1 (1.28%) Impala
6 1 (1.28%) NoSQL
6 1 (1.28%) Spark SQL
6 1 (1.28%) SQL Server Analysis Services
6 1 (1.28%) SQL Server Integration Services
6 1 (1.28%) Tableau
Development Applications
1 9 (11.54%) TeamCity
2 4 (5.13%) Bitbucket
3 3 (3.85%) Git
3 3 (3.85%) Jenkins
3 3 (3.85%) JIRA
3 3 (3.85%) PHPUnit
4 1 (1.28%) Cucumber
4 1 (1.28%) GitLab
4 1 (1.28%) JUnit
General
1 78 (100.00%) Banking
2 28 (35.90%) Finance
3 20 (25.64%) Social Skills
4 14 (17.95%) Analytical Skills
5 13 (16.67%) Front Office
6 8 (10.26%) Corporate Banking
7 7 (8.97%) Retail
7 7 (8.97%) Retail Banking
8 3 (3.85%) Back Office
9 2 (2.56%) Financial Institution
9 2 (2.56%) Organisational Skills
9 2 (2.56%) Public Speaking
10 1 (1.28%) Inclusion and Diversity
10 1 (1.28%) Legal
10 1 (1.28%) Presentation Skills
10 1 (1.28%) Wholesale Banking
Job Titles
1 33 (42.31%) Developer
2 14 (17.95%) Analyst
3 10 (12.82%) C# Developer
4 9 (11.54%) Architect
4 9 (11.54%) DevOps Engineer
4 9 (11.54%) Senior
5 8 (10.26%) Business Analyst
6 6 (7.69%) Java Developer
6 6 (7.69%) Senior DevOps
6 6 (7.69%) Senior DevOps Engineer
7 5 (6.41%) .NET Developer
7 5 (6.41%) Banking Analyst
7 5 (6.41%) Data Analyst
7 5 (6.41%) Python Developer
7 5 (6.41%) Solutions Architect
8 4 (5.13%) AWS Developer
8 4 (5.13%) C# .NET Developer
8 4 (5.13%) Front Office Developer
8 4 (5.13%) Market Analyst
8 4 (5.13%) Project Manager
Libraries, Frameworks & Software Standards
1 15 (19.23%) .NET
2 5 (6.41%) RabbitMQ
2 5 (6.41%) WCF
2 5 (6.41%) WinForms
3 4 (5.13%) .NET Core
3 4 (5.13%) FIX Protocol
3 4 (5.13%) React
4 3 (3.85%) Laravel
4 3 (3.85%) Spring
4 3 (3.85%) Symfony
4 3 (3.85%) Yii
5 2 (2.56%) AngularJS
5 2 (2.56%) Middleware
5 2 (2.56%) Rendezvous
5 2 (2.56%) REST
5 2 (2.56%) Spring Boot
6 1 (1.28%) .NET Framework
6 1 (1.28%) JSON
6 1 (1.28%) Kafka
6 1 (1.28%) Pandas
Miscellaneous
1 6 (7.69%) Foreign Exchange (FX)
2 4 (5.13%) Distributed Systems
2 4 (5.13%) Product Ownership
3 3 (3.85%) Derivative
4 2 (2.56%) Fixed Income
4 2 (2.56%) Legacy Applications
4 2 (2.56%) Management Information System
4 2 (2.56%) Market Risk
5 1 (1.28%) Algorithms
5 1 (1.28%) Distributed Architecture
5 1 (1.28%) Enterprise Software
5 1 (1.28%) Equities
5 1 (1.28%) Legacy Code
5 1 (1.28%) Linux Command Line
5 1 (1.28%) Mobile App
5 1 (1.28%) Onboarding
5 1 (1.28%) Reference Data
5 1 (1.28%) Spread Betting
Operating Systems
1 12 (15.38%) Windows
2 10 (12.82%) Linux
3 3 (3.85%) Unix
Processes & Methodologies
1 15 (19.23%) DevOps
2 14 (17.95%) Agile
2 14 (17.95%) Problem-Solving
3 11 (14.10%) SDLC
4 10 (12.82%) Wealth Management
5 9 (11.54%) OO
5 9 (11.54%) Stakeholder Management
6 8 (10.26%) Migration
6 8 (10.26%) OOP
6 8 (10.26%) Risk Management
7 7 (8.97%) Continuous Integration
8 6 (7.69%) Configuration Management
8 6 (7.69%) Microservices
9 5 (6.41%) Case Management
9 5 (6.41%) Contact Management
9 5 (6.41%) Data Analysis
9 5 (6.41%) Electronic Trading
9 5 (6.41%) GAP Analysis
9 5 (6.41%) Test Automation
9 5 (6.41%) Unit Testing
Programming Languages
1 29 (37.18%) SQL
2 22 (28.21%) C#
3 14 (17.95%) Python
4 10 (12.82%) Java
5 9 (11.54%) PowerShell
6 5 (6.41%) C++
7 4 (5.13%) T-SQL
8 3 (3.85%) PHP
9 2 (2.56%) Data Analysis Expressions
9 2 (2.56%) JavaScript
9 2 (2.56%) Perl
9 2 (2.56%) PL/SQL
9 2 (2.56%) Shell Script
9 2 (2.56%) TypeScript
10 1 (1.28%) Bash
10 1 (1.28%) Jython
Qualifications
1 5 (6.41%) Degree
2 1 (1.28%) PMP
Quality Assurance & Compliance
1 6 (7.69%) SLA
2 4 (5.13%) QA
3 3 (3.85%) PMO
4 1 (1.28%) Data Quality
System Software
1 10 (12.82%) Active Directory
2 5 (6.41%) Docker
3 1 (1.28%) HDFS
Systems Management
1 2 (2.56%) Puppet
2 1 (1.28%) Ansible
2 1 (1.28%) Kubernetes
2 1 (1.28%) Terraform
Vendors
1 10 (12.82%) Microsoft
2 5 (6.41%) Bloomberg
3 3 (3.85%) GoldenSource
3 3 (3.85%) Murex
3 3 (3.85%) Oracle
4 2 (2.56%) Adobe
4 2 (2.56%) Alteryx
4 2 (2.56%) Citrix
4 2 (2.56%) Solace
4 2 (2.56%) TIBCO
5 1 (1.28%) ServiceNow