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 4 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 53 48 63
Rank change year-on-year -5 +15 -7
Contract jobs citing Investment Banking 74 166 163
As % of all contract jobs advertised in the City of London 3.41% 4.58% 3.84%
As % of the General category 5.14% 7.34% 6.69%
Number of daily rates quoted 47 123 111
10th Percentile £415 £492 £560
25th Percentile £563 £604 £650
Median daily rate (50th Percentile) £700 £713 £725
Median % change year-on-year -1.75% -1.72% +11.54%
75th Percentile £825 £823 £800
90th Percentile £1,093 £1,063 £913
Central London median daily rate £700 £713 £725
% change year-on-year -1.75% -1.72% +11.54%

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 1,440 2,261 2,436
As % of all contract IT jobs advertised in the City of London 66.33% 62.36% 57.34%
Number of daily rates quoted 1,025 1,594 1,774
10th Percentile £338 £363 £350
25th Percentile £450 £500 £475
Median daily rate (50th Percentile) £575 £605 £575
Median % change year-on-year -4.96% +5.22% +4.55%
75th Percentile £700 £738 £682
90th Percentile £825 £825 £775
Central London median daily rate £553 £600 £573
% change year-on-year -7.92% +4.80% +6.51%
Number of hourly rates quoted 9 13 26
10th Percentile £19.13 £15.10 £18.50
25th Percentile £20.22 £16.61 £21.00
Median hourly rate £24.00 £21.00 £44.50
Median % change year-on-year +14.29% -52.81% +154.29%
75th Percentile £27.00 £53.75 £61.00
90th Percentile £32.05 £58.75 £68.75
Central London median hourly rate £24.00 £35.00 £44.50
% change year-on-year -31.43% -21.35% +122.50%

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 4 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 4 (5.41%) Microsoft Exchange
2 2 (2.70%) Adobe Experience Manager
2 2 (2.70%) Apache Spark
3 1 (1.35%) Apache
Applications
1 2 (2.70%) Microsoft Excel
2 1 (1.35%) Microsoft Office
2 1 (1.35%) Microsoft PowerPoint
Cloud Services
1 8 (10.81%) AWS
1 8 (10.81%) Azure
2 6 (8.11%) Power Platform
3 4 (5.41%) Dynamics 365
3 4 (5.41%) Power Automate
4 3 (4.05%) Amazon S3
4 3 (4.05%) Amazon SQS
5 2 (2.70%) NuGet
6 1 (1.35%) GCP
Communications & Networking
1 2 (2.70%) Firewall
Database & Business Intelligence
1 11 (14.86%) SQL Server
2 8 (10.81%) Relational Database
3 7 (9.46%) KDB
4 3 (4.05%) Data Warehouse
4 3 (4.05%) MySQL
5 2 (2.70%) Data Mart
5 2 (2.70%) Metadata
5 2 (2.70%) Oracle Database
5 2 (2.70%) Power BI
6 1 (1.35%) Apache Hive
6 1 (1.35%) Big Data
6 1 (1.35%) Hadoop
6 1 (1.35%) Impala
6 1 (1.35%) Oracle Reports
6 1 (1.35%) Spark SQL
6 1 (1.35%) SQL Server Analysis Services
6 1 (1.35%) SQL Server Integration Services
6 1 (1.35%) SQL Server Reporting Services
6 1 (1.35%) Sqoop
6 1 (1.35%) Tableau
Development Applications
1 9 (12.16%) TeamCity
2 4 (5.41%) Bitbucket
3 3 (4.05%) Git
3 3 (4.05%) Jenkins
3 3 (4.05%) PHPUnit
4 2 (2.70%) JIRA
5 1 (1.35%) GitLab
General
1 74 (100.00%) Banking
2 26 (35.14%) Finance
3 21 (28.38%) Social Skills
4 15 (20.27%) Front Office
5 13 (17.57%) Analytical Skills
6 8 (10.81%) Corporate Banking
7 7 (9.46%) Retail
7 7 (9.46%) Retail Banking
8 3 (4.05%) Back Office
9 2 (2.70%) Financial Institution
9 2 (2.70%) Organisational Skills
9 2 (2.70%) Public Speaking
10 1 (1.35%) Inclusion and Diversity
10 1 (1.35%) Legal
10 1 (1.35%) Presentation Skills
10 1 (1.35%) Wholesale Banking
Job Titles
1 32 (43.24%) Developer
2 13 (17.57%) Analyst
3 9 (12.16%) C# Developer
3 9 (12.16%) Senior
4 8 (10.81%) Architect
5 7 (9.46%) Business Analyst
5 7 (9.46%) DevOps Engineer
6 6 (8.11%) Java Developer
6 6 (8.11%) Senior DevOps
6 6 (8.11%) Senior DevOps Engineer
7 5 (6.76%) Banking Analyst
7 5 (6.76%) Data Analyst
7 5 (6.76%) Project Manager
7 5 (6.76%) Python Developer
8 4 (5.41%) .NET Developer
8 4 (5.41%) AWS Developer
8 4 (5.41%) Market Analyst
8 4 (5.41%) Solutions Architect
9 3 (4.05%) C# .NET Developer
9 3 (4.05%) KDB Developer
Libraries, Frameworks & Software Standards
1 14 (18.92%) .NET
2 5 (6.76%) .NET Core
2 5 (6.76%) RabbitMQ
2 5 (6.76%) WCF
2 5 (6.76%) WinForms
3 4 (5.41%) FIX Protocol
4 3 (4.05%) Laravel
4 3 (4.05%) React
4 3 (4.05%) Spring
4 3 (4.05%) Spring Boot
4 3 (4.05%) Symfony
4 3 (4.05%) Yii
5 2 (2.70%) AngularJS
5 2 (2.70%) Middleware
5 2 (2.70%) Rendezvous
6 1 (1.35%) CSS
6 1 (1.35%) DAO
6 1 (1.35%) HTML
6 1 (1.35%) Kafka
6 1 (1.35%) Node.js
Miscellaneous
1 6 (8.11%) Foreign Exchange (FX)
2 4 (5.41%) Distributed Systems
2 4 (5.41%) Product Ownership
3 3 (4.05%) Derivative
4 2 (2.70%) Algorithms
4 2 (2.70%) Fixed Income
4 2 (2.70%) Management Information System
4 2 (2.70%) Market Risk
5 1 (1.35%) Distributed Architecture
5 1 (1.35%) Equities
5 1 (1.35%) Greenfield Project
5 1 (1.35%) Legacy Code
5 1 (1.35%) Mobile App
5 1 (1.35%) Reference Data
5 1 (1.35%) Spread Betting
Operating Systems
1 10 (13.51%) Windows
2 7 (9.46%) Linux
3 2 (2.70%) Unix
Processes & Methodologies
1 14 (18.92%) Agile
1 14 (18.92%) Problem-Solving
2 11 (14.86%) DevOps
2 11 (14.86%) SDLC
3 10 (13.51%) Wealth Management
4 9 (12.16%) OO
4 9 (12.16%) Stakeholder Management
5 8 (10.81%) Risk Management
6 7 (9.46%) Microservices
6 7 (9.46%) OOP
7 6 (8.11%) Configuration Management
7 6 (8.11%) Continuous Integration
7 6 (8.11%) Migration
8 5 (6.76%) Analytics
8 5 (6.76%) Data Analysis
8 5 (6.76%) Electronic Trading
8 5 (6.76%) GAP Analysis
8 5 (6.76%) Project Management
8 5 (6.76%) Test Automation
8 5 (6.76%) Unit Testing
Programming Languages
1 23 (31.08%) SQL
2 21 (28.38%) C#
3 12 (16.22%) Python
4 10 (13.51%) Java
5 6 (8.11%) PowerShell
6 5 (6.76%) C++
7 3 (4.05%) PHP
8 2 (2.70%) Data Analysis Expressions
8 2 (2.70%) JavaScript
8 2 (2.70%) PL/SQL
8 2 (2.70%) T-SQL
8 2 (2.70%) TypeScript
9 1 (1.35%) Jython
Qualifications
1 3 (4.05%) Degree
2 1 (1.35%) PMP
Quality Assurance & Compliance
1 5 (6.76%) SLA
2 3 (4.05%) PMO
2 3 (4.05%) QA
3 1 (1.35%) Data Quality
3 1 (1.35%) EMIR
3 1 (1.35%) MiFID
System Software
1 9 (12.16%) Active Directory
2 4 (5.41%) Docker
3 1 (1.35%) HDFS
Systems Management
1 2 (2.70%) Puppet
2 1 (1.35%) Ansible
2 1 (1.35%) Kubernetes
Vendors
1 8 (10.81%) Microsoft
2 5 (6.76%) Bloomberg
3 3 (4.05%) GoldenSource
3 3 (4.05%) Murex
3 3 (4.05%) Oracle
4 2 (2.70%) Adobe
4 2 (2.70%) Alteryx
4 2 (2.70%) Citrix
4 2 (2.70%) Solace
4 2 (2.70%) TIBCO
5 1 (1.35%) Progress
5 1 (1.35%) ServiceNow