Banking Contracts in the East of England

Banking
England > East of England

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the East of England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 7 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
7 May 2024
Same period 2023 Same period 2022
Rank 90 108 123
Rank change year-on-year +18 +15 -16
Contract jobs citing Banking 20 6 24
As % of all contract jobs advertised in the East of England 1.06% 0.30% 0.94%
As % of the General category 1.73% 0.50% 1.57%
Number of daily rates quoted 12 4 21
10th Percentile £410 £386 £213
25th Percentile £509 £411 £350
Median daily rate (50th Percentile) £588 £475 £425
Median % change year-on-year +23.68% +11.76% -1.45%
75th Percentile £664 £608 £450
90th Percentile £675 £757 £475
England median daily rate £625 £650 £645
% change year-on-year -3.85% +0.75% +12.20%
Number of hourly rates quoted 2 0 0
10th Percentile £86.20 - -
25th Percentile £86.50 - -
Median hourly rate £87.50 - -
75th Percentile £88.00 - -
90th Percentile - - -
England median hourly rate £19.50 £21.00 £23.91
% change year-on-year -7.14% -12.17% +56.79%

All General Skills
East of England

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 East of England with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,153 1,201 1,532
As % of all contract IT jobs advertised in the East of England 61.36% 60.35% 59.84%
Number of daily rates quoted 426 656 792
10th Percentile £233 £200 £161
25th Percentile £350 £300 £313
Median daily rate (50th Percentile) £475 £495 £460
Median % change year-on-year -3.94% +7.50% +8.24%
75th Percentile £564 £625 £550
90th Percentile £657 £736 £650
England median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 455 256 326
10th Percentile £14.16 £13.41 £12.50
25th Percentile £15.50 £14.25 £13.25
Median hourly rate £38.12 £21.00 £14.50
Median % change year-on-year +81.52% +44.83% -3.75%
75th Percentile £50.00 £61.25 £22.00
90th Percentile £65.00 £65.00 £55.50
England median hourly rate £30.50 £32.50 £21.50
% change year-on-year -6.15% +51.16% -4.17%

Banking
Job Vacancy Trend in the East of England

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

Job vacancy trend for Banking in the East of England

Banking
Contractor Daily Rate Trend in the East of England

3-month moving average daily rate quoted in jobs citing Banking in the East of England.

Daily rate trend for Banking in the East of England

Banking
Daily Rate Histogram in the East of England

Daily rate distribution for jobs citing Banking in the East of England over the 6 months to 7 May 2024.

Daily rate histogram for Banking in the East of England

Banking
Contractor Hourly Rate Trend in the East of England

3-month moving average hourly rates quoted in jobs citing Banking in the East of England.

Hourly rate trend for Banking in the East of England

Banking
Contract Job Locations in the East of England

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 of England region over the 6 months to 7 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
Essex +18 11 £618 - 5
Bedfordshire - 6 £400 - 7
Cambridgeshire - 2 - - 1
Suffolk +11 1 £641 +65.29%
Banking
England

Banking
Co-occurring Skills and Capabilities in the East of England 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 2 (10.00%) Microsoft Excel
1 2 (10.00%) Microsoft Office
1 2 (10.00%) Microsoft Project
Business Applications
1 3 (15.00%) SAP S/4HANA
2 1 (5.00%) Loan IQ
Cloud Services
1 7 (35.00%) GCP
2 6 (30.00%) Cloud Computing
Database & Business Intelligence
1 1 (5.00%) Metadata
Development Applications
1 1 (5.00%) JIRA
1 1 (5.00%) TestRail
General
1 11 (55.00%) Finance
2 6 (30.00%) Analytical Skills
3 4 (20.00%) Pharmaceutical
4 2 (10.00%) General Ledger
4 2 (10.00%) Inclusion and Diversity
4 2 (10.00%) Retail Banking
4 2 (10.00%) Social Skills
5 1 (5.00%) Automotive
5 1 (5.00%) Financial Institution
5 1 (5.00%) Legal
Job Titles
1 7 (35.00%) Architect
2 6 (30.00%) Solutions Architect
3 3 (15.00%) Consultant
3 3 (15.00%) Enterprise Architect
4 2 (10.00%) Analyst
4 2 (10.00%) Banking Project Manager
4 2 (10.00%) Enterprise Solutions Architect
4 2 (10.00%) Lead
4 2 (10.00%) Migration Manager
4 2 (10.00%) Migration Project Manager
4 2 (10.00%) Project Manager
4 2 (10.00%) Systems Analyst
5 1 (5.00%) Cloud Architect
5 1 (5.00%) Cloud Solutions Architect
5 1 (5.00%) Enterprise Technical Architect
5 1 (5.00%) GCP Architect
5 1 (5.00%) Migration Architect
5 1 (5.00%) SAP Financial Leader
5 1 (5.00%) Solutions Architect - Google Cloud Platform
5 1 (5.00%) Technical Solutions Architect
Miscellaneous
1 8 (40.00%) Legacy Systems
2 2 (10.00%) Cloud Native
2 2 (10.00%) SWIFT Messaging Network
3 1 (5.00%) Data Structures
3 1 (5.00%) Management Information System
3 1 (5.00%) Reference Data
Operating Systems
1 1 (5.00%) zOS
Processes & Methodologies
1 12 (60.00%) Migration
2 8 (40.00%) Agile
2 8 (40.00%) Business Strategy
2 8 (40.00%) Roadmaps
2 8 (40.00%) Technical Leadership
2 8 (40.00%) TOGAF
3 7 (35.00%) Computer Science
3 7 (35.00%) Data Science
3 7 (35.00%) Enterprise Architecture
3 7 (35.00%) Fintech
3 7 (35.00%) Zachman Framework
4 6 (30.00%) DevOps
4 6 (30.00%) Identity Management
4 6 (30.00%) Problem-Solving
4 6 (30.00%) Scaled Agile Framework
4 6 (30.00%) Technology Transformation
5 5 (25.00%) Project Management
6 3 (15.00%) Analytics
6 3 (15.00%) Data Design
6 3 (15.00%) Record to Report
Programming Languages
1 7 (35.00%) Java
Qualifications
1 9 (45.00%) Degree
2 7 (35.00%) Computer Science Degree
Quality Assurance & Compliance
1 2 (10.00%) PMO
2 1 (5.00%) Data Quality
Vendors
1 7 (35.00%) Google
2 3 (15.00%) SAP
3 1 (5.00%) Ariba
3 1 (5.00%) Microsoft