The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 29 May 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
29 May 2016
Same period 2015 Same period 2014
Retail Banking
Rank 140 132 132
Rank change year-on-year
-8 0
Contract jobs citing Retail Banking 19 70 79
As % of all contract IT jobs located in the City of London 0.57% 1.24% 1.30%
As % of the General category 1.09% 2.34% 2.48%
Number of daily rates quoted 15 48 49
Median daily rate £468 £400 £425
Median daily rate % change year-on-year
+17.00% -5.88%
90% offered a daily rate of more than £357 £322 £310
10% offered a daily rate of more than £770 £554 £505
UK excluding London median daily rate £405 £412 £420
% change year-on-year
-1.69% -1.90%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £175.00
UK excluding London median hourly rate - - -
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 City of London region.

General Category
City of London
Contract IT job ads with a match in the
General category
1751 2990 3185
As % of all contract IT jobs located in the City of London 52.22% 53.06% 52.50%
Number of daily rates quoted 1481 2329 2441
Median daily rate £500 £488 £475
Median daily rate % change year-on-year
+2.56% +2.63%
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 14 39 39
Median hourly rate £18.58 £19.72 £18.25
Median hourly rate % change year-on-year
-5.74% +8.02%
90% offered a hourly rate of more than £14.51 £10.50 £11.55
10% offered a hourly rate of more than £36.25 £32.25 £49.75
UK excluding London median hourly rate £27.00 £24.50 £25.00
% change year-on-year
+10.20% -2.00%

Retail Banking
Jobs Demand Trend in the City of London

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

Retail Banking Jobs Demand Trend in the City of London

Retail Banking
Daily Rate Trend in the City of London

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

Retail Banking Daily Rate Trend in the City of London

Retail Banking
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Retail Banking across the City of London region over the 3 months to 29 May 2016.

Retail Banking Daily Rate Histogram in the City of London

Retail Banking
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Retail Banking across the City of London region.

Retail Banking Hourly Rate Trend in the City of London

Retail Banking
Top 30 Related IT Skills in the City of London

For the 6 months to 29 May 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 City of London region with a requirement for Retail Banking.

1 33 (100.00%) Banking
1 33 (100.00%) Retail
2 21 (63.64%) Finance
3 8 (24.24%) Stakeholder Management
4 7 (21.21%) Project Management
4 7 (21.21%) HP Quality Center
5 5 (15.15%) Migration
6 4 (12.12%) User Acceptance Testing
7 3 (9.09%) Agile Software Development
7 3 (9.09%) CRM
7 3 (9.09%) MS PowerPoint
7 3 (9.09%) Analytical Skills
7 3 (9.09%) Waterfall
8 2 (6.06%) User Experience
8 2 (6.06%) Big Data
8 2 (6.06%) Dynamics CRM
8 2 (6.06%) Data Warehouse
8 2 (6.06%) SOA
8 2 (6.06%) SAS
8 2 (6.06%) Microsoft
8 2 (6.06%) SQL
8 2 (6.06%) PRINCE2
8 2 (6.06%) Regression Testing
8 2 (6.06%) Risk Management
8 2 (6.06%) Corporate Banking
9 1 (3.03%) Online Banking
9 1 (3.03%) Project Planning
9 1 (3.03%) Degree
9 1 (3.03%) FIX Protocol
9 1 (3.03%) Mathematics

Retail Banking
Top Related IT Skills in the City of London 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:

Application Platforms
1 2 (6.06%) SAS
Applications
1 3 (9.09%) MS PowerPoint
Business Applications
1 2 (6.06%) Dynamics CRM
Cloud Services
1 1 (3.03%) SuccessFactors
Communications & Networking
1 1 (3.03%) TCP/IP
Database & Business Intelligence
1 2 (6.06%) Big Data
1 2 (6.06%) Data Warehouse
Development Applications
1 1 (3.03%) Emacs
General
1 33 (100.00%) Banking
1 33 (100.00%) Retail
2 21 (63.64%) Finance
3 2 (6.06%) Corporate Banking
4 1 (3.03%) Financial Institution
4 1 (3.03%) Front Office
4 1 (3.03%) Investment Banking
Job Titles
1 9 (27.27%) Analyst
2 6 (18.18%) Business Analyst
3 5 (15.15%) Architect
3 5 (15.15%) Test Manager
4 3 (9.09%) Banking Analyst
4 3 (9.09%) Change Analyst
4 3 (9.09%) Project Manager
4 3 (9.09%) Solutions Architect
4 3 (9.09%) Test Analyst
5 2 (6.06%) Banking Project Manager
5 2 (6.06%) Commercial Architect
5 2 (6.06%) Developer
5 2 (6.06%) Programme Manager
5 2 (6.06%) QC Analyst
5 2 (6.06%) Regression Test Analyst
5 2 (6.06%) Risk Manager
6 1 (3.03%) Agile Scrum Master
6 1 (3.03%) Retail Banking Business Analyst
6 1 (3.03%) UAT Lead
6 1 (3.03%) UAT Test Lead
Libraries, Frameworks & Software Standards
1 1 (3.03%) FIX Protocol
1 1 (3.03%) Middleware
1 1 (3.03%) XML
Miscellaneous
1 3 (9.09%) Analytical Skills
2 2 (6.06%) User Experience
3 1 (3.03%) Algorithms
3 1 (3.03%) Computer Science
3 1 (3.03%) Credit Risk
3 1 (3.03%) Data Integration
3 1 (3.03%) Foreign Exchange (FX)
3 1 (3.03%) Mainframe
3 1 (3.03%) Management Information System
3 1 (3.03%) Mathematics
3 1 (3.03%) Mobile App
3 1 (3.03%) Online Banking
3 1 (3.03%) Physics
3 1 (3.03%) PMI
Operating Systems
1 1 (3.03%) Linux
1 1 (3.03%) Unix
1 1 (3.03%) VMS
Processes & Methodologies
1 8 (24.24%) Stakeholder Management
2 7 (21.21%) Project Management
3 5 (15.15%) Migration
4 4 (12.12%) User Acceptance Testing
5 3 (9.09%) Agile Software Development
5 3 (9.09%) CRM
5 3 (9.09%) Waterfall
6 2 (6.06%) PRINCE2
6 2 (6.06%) Regression Testing
6 2 (6.06%) Risk Management
6 2 (6.06%) SOA
7 1 (3.03%) Asset Management
7 1 (3.03%) Business Continuity
7 1 (3.03%) Data Analysis
7 1 (3.03%) Programme Management
7 1 (3.03%) Project Planning
7 1 (3.03%) Scrum
7 1 (3.03%) Service Management
7 1 (3.03%) Software Engineering
7 1 (3.03%) Validation
Programming Languages
1 2 (6.06%) SQL
2 1 (3.03%) C++
2 1 (3.03%) Java
Qualifications
1 1 (3.03%) Degree
1 1 (3.03%) PMI Certification
1 1 (3.03%) SAS Certification
Quality Assurance & Compliance
1 1 (3.03%) SEPA
Systems Management
1 7 (21.21%) HP Quality Center
Vendors
1 2 (6.06%) Microsoft
City, London
Hays Finance Technology
Rate: £650.00 - £750.00 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £400 - £450 per day
Posted: 2 days ago