Banking Contracts in East London

Banking
London > East London

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in East London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 9 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 15 12 14
Rank change year-on-year -3 +2 +13
Contract jobs citing Banking 21 20 22
As % of all contract jobs advertised in East London 9.46% 11.30% 8.66%
As % of the General category 12.88% 16.13% 15.07%
Number of daily rates quoted 18 20 18
10th Percentile £450 - £354
25th Percentile - £400 -
Median daily rate (50th Percentile) £540 £498 £400
Median % change year-on-year +8.54% +24.38% +19.40%
75th Percentile £698 £659 £520
90th Percentile £738 £820 £749
London median daily rate £650 £675 £650
% change year-on-year -3.70% +3.85% +9.24%

All General Skills
East London

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 East London with a requirement for common skills.

Contract vacancies with a requirement for common skills 163 124 146
As % of all contract IT jobs advertised in East London 73.42% 70.06% 57.48%
Number of daily rates quoted 141 94 120
10th Percentile £358 £205 £288
25th Percentile £440 £400 £413
Median daily rate (50th Percentile) £550 £534 £580
Median % change year-on-year +3.00% -7.93% +25.41%
75th Percentile £650 £669 £750
90th Percentile £770 £750 £853
London median daily rate £575 £600 £575
% change year-on-year -4.17% +4.35% +9.52%
Number of hourly rates quoted 10 10 1
10th Percentile - £21.01 -
25th Percentile £11.95 £21.24 -
Median hourly rate £18.41 £22.49 £32.60
Median % change year-on-year -18.13% -31.03% +22.33%
75th Percentile £37.83 £23.73 -
90th Percentile £38.28 - -
London median hourly rate £28.00 £31.92 £37.50
% change year-on-year -12.28% -14.88% +33.83%

Banking
Job Vacancy Trend in East London

Job postings citing Banking as a proportion of all IT jobs advertised in East London.

Job vacancy trend for Banking in East London

Banking
Contractor Daily Rate Trend in East London

3-month moving average daily rate quoted in jobs citing Banking in East London.

Daily rate trend for Banking in East London

Banking
Daily Rate Histogram in East London

Daily rate distribution for jobs citing Banking in East London over the 6 months to 9 May 2024.

Daily rate histogram for Banking in East London

Banking
Contractor Hourly Rate Trend in East London

3-month moving average hourly rates quoted in jobs citing Banking in East London.

Hourly rate trend for Banking in East London

Banking
Contract Job Locations in East London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the East London region over the 6 months to 9 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Tower Hamlets +1 17 £540 -16.92% 1
Docklands, London -5 3 £725 +81.25%
Banking
London

Banking
Co-occurring Skills and Capabilities in East 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 1 (4.76%) Appian
Applications
1 2 (9.52%) Microsoft Excel
1 2 (9.52%) Microsoft PowerPoint
2 1 (4.76%) Sketch
Business Applications
1 2 (9.52%) SAP S/4HANA
2 1 (4.76%) Dynamics CRM
2 1 (4.76%) SAP CO
2 1 (4.76%) SAP FI
2 1 (4.76%) SAP FI/CO
2 1 (4.76%) Summit
Cloud Services
1 4 (19.05%) Azure
2 2 (9.52%) GitHub
2 2 (9.52%) Microsoft 365
2 2 (9.52%) SuccessFactors
2 2 (9.52%) Tricentis Tosca
3 1 (4.76%) Azure DevOps
3 1 (4.76%) Dynamics 365
3 1 (4.76%) Figma
3 1 (4.76%) Power Automate
3 1 (4.76%) Power Platform
3 1 (4.76%) PowerApps
Communications & Networking
1 2 (9.52%) DMZ
1 2 (9.52%) Firewall
1 2 (9.52%) IPsec
1 2 (9.52%) VPN
1 2 (9.52%) Wireshark
2 1 (4.76%) FTP
Database & Business Intelligence
1 3 (14.29%) SQL Server
2 2 (9.52%) Elasticsearch
3 1 (4.76%) MySQL
3 1 (4.76%) Oracle Reports
3 1 (4.76%) Power BI
3 1 (4.76%) Relational Database
Development Applications
1 2 (9.52%) Jenkins
1 2 (9.52%) JMeter
1 2 (9.52%) NeoLoad
1 2 (9.52%) Selenium
1 2 (9.52%) SoapUI
2 1 (4.76%) Axure RP
2 1 (4.76%) Eclipse
2 1 (4.76%) Git
2 1 (4.76%) Gradle
2 1 (4.76%) IntelliJ
2 1 (4.76%) JIRA
2 1 (4.76%) Maven
2 1 (4.76%) Postman
General
1 16 (76.19%) Finance
2 5 (23.81%) Analytical Skills
3 4 (19.05%) Investment Banking
3 4 (19.05%) Social Skills
4 2 (9.52%) Organisational Skills
4 2 (9.52%) Public Sector
5 1 (4.76%) Legal
5 1 (4.76%) Presentation Skills
Job Titles
1 2 (9.52%) Analyst
1 2 (9.52%) Business Analyst
1 2 (9.52%) Cisco Engineer
1 2 (9.52%) Cisco Network Engineer
1 2 (9.52%) Developer
1 2 (9.52%) Network Engineer
1 2 (9.52%) Senior
1 2 (9.52%) Senior Cisco Engineer
1 2 (9.52%) Senior Cisco Network Engineer
1 2 (9.52%) Senior Network Engineer
1 2 (9.52%) Software Test Engineer
1 2 (9.52%) Test Engineer
2 1 (4.76%) Appian Developer
2 1 (4.76%) DevSecOps Engineer
2 1 (4.76%) Finance Business Analyst
2 1 (4.76%) Lead
2 1 (4.76%) SailPoint Engineer
2 1 (4.76%) SAP Financial Analyst
2 1 (4.76%) SAP Financial Business Analyst
2 1 (4.76%) Summit Project Manager
Libraries, Frameworks & Software Standards
1 4 (19.05%) HTML
2 3 (14.29%) CSS
2 3 (14.29%) Sass
2 3 (14.29%) Web Services
2 3 (14.29%) XML
3 2 (9.52%) Elastic Stack
3 2 (9.52%) JMS
3 2 (9.52%) JSON
3 2 (9.52%) Spring
3 2 (9.52%) Spring Batch
4 1 (4.76%) .NET
4 1 (4.76%) .NET Framework
4 1 (4.76%) ActiveMQ
4 1 (4.76%) Hibernate
4 1 (4.76%) JDBC
4 1 (4.76%) JSP
4 1 (4.76%) LDAP
4 1 (4.76%) Servlets
4 1 (4.76%) SOAP
4 1 (4.76%) Spring Boot
Miscellaneous
1 2 (9.52%) Data Centre
2 1 (4.76%) Data Protection Act
2 1 (4.76%) iPhone
2 1 (4.76%) Management Information System
2 1 (4.76%) Onboarding
2 1 (4.76%) SWIFT Messaging Network
Operating Systems
1 1 (4.76%) Windows
Processes & Methodologies
1 11 (52.38%) Agile
2 5 (23.81%) DevOps
2 5 (23.81%) ERP
3 4 (19.05%) Problem-Solving
3 4 (19.05%) Roadmaps
3 4 (19.05%) Scrum
3 4 (19.05%) Software Delivery
3 4 (19.05%) Test Automation
4 3 (14.29%) BDD
4 3 (14.29%) Business Analysis
4 3 (14.29%) Migration
4 3 (14.29%) Stakeholder Engagement
4 3 (14.29%) Target Operating Model
5 2 (9.52%) CI/CD
5 2 (9.52%) Continuous Deployment
5 2 (9.52%) Culture Change
5 2 (9.52%) Impact Assessments
5 2 (9.52%) Matrix Organization
5 2 (9.52%) Microservices
5 2 (9.52%) Performance Metrics
Programming Languages
1 7 (33.33%) SQL
2 4 (19.05%) Java
2 4 (19.05%) JavaScript
3 2 (9.52%) PL/SQL
4 1 (4.76%) C#
4 1 (4.76%) TypeScript
Quality Assurance & Compliance
1 2 (9.52%) QA
2 1 (4.76%) ISO 20022
2 1 (4.76%) SLA
System Software
1 1 (4.76%) ACF2
1 1 (4.76%) Active Directory
1 1 (4.76%) IAG
1 1 (4.76%) RACF
Systems Management
1 2 (9.52%) Kibana
1 2 (9.52%) logstash
Vendors
1 4 (19.05%) Oracle
1 4 (19.05%) SAP
2 3 (14.29%) Microsoft
3 2 (9.52%) Arista
3 2 (9.52%) Cisco
3 2 (9.52%) Fortinet
4 1 (4.76%) MobileIron
4 1 (4.76%) ServiceNow
4 1 (4.76%) Sybase