Banking Business Analyst Contracts in England

Business Analyst - Banking (Banking BA)
UK > England

The median Business Analyst - Banking (Banking BA) daily rate in England is £600 according to job vacancies posted during the 6 months to 5 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank 494 590 670
Rank change year-on-year +96 +80 -103
Contract jobs requiring a Banking Business Analyst 47 71 129
As % of all contract jobs advertised in England 0.13% 0.14% 0.18%
As % of the Job Titles category 0.14% 0.15% 0.19%
Number of daily rates quoted 20 39 65
10th Percentile £354 £474 £418
25th Percentile £513 £482 £500
Median daily rate (50th Percentile) £600 £560 £575
Median % change year-on-year +7.14% -2.61% +27.07%
75th Percentile £691 £708 £675
90th Percentile £701 £779 £700
UK median daily rate £600 £550 £550
% change year-on-year +9.09% - +25.57%

All Contract IT Job Vacancies
England

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in England with a recognized job title 34,183 47,267 67,930
% of contract IT jobs with a recognized job title 92.70% 94.63% 95.51%
Number of daily rates quoted 22,703 33,560 48,361
10th Percentile £280 £313 £313
25th Percentile £413 £425 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +8.25%
75th Percentile £643 £663 £638
90th Percentile £750 £760 £738
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.53%
Number of hourly rates quoted 2,433 1,401 1,881
10th Percentile £13.00 £14.36 £12.50
25th Percentile £16.30 £20.00 £15.50
Median hourly rate £36.50 £44.00 £22.50
Median % change year-on-year -17.05% +95.56% +2.27%
75th Percentile £61.30 £65.00 £48.75
90th Percentile £72.82 £77.00 £62.75
UK median hourly rate £36.50 £45.00 £23.60
% change year-on-year -18.89% +90.68% +4.89%

Banking Business Analyst
Job Vacancy Trend in England

Job postings that featured Banking Business Analyst in the job title as a proportion of all IT jobs advertised in England.

Job vacancy trend for Banking Business Analyst in England

Banking Business Analyst
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Banking Business Analyst in England.

Daily rate trend for Banking Business Analyst in England

Banking Business Analyst
Daily Rate Histogram in England

Daily rate distribution for jobs citing Banking Business Analyst in England over the 6 months to 5 May 2024.

Daily rate histogram for Banking Business Analyst in England

Banking Business Analyst
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Banking Business Analyst in England.

Hourly rate trend for Banking Business Analyst in England

Banking Business Analyst
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Business Analyst within the England region over the 6 months to 5 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
London +83 39 £638 +9.91% 2
North of England - 6 £581 - 1
Yorkshire - 5 £563 -
Midlands +29 1 £356 -11.00%
East Midlands +19 1 £356 -11.00%
North West - 1 £600 - 1
South East - 1 £340 -
Banking Business Analyst
UK

Banking Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in England

For the 6 months to 5 May 2024, Banking Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region featuring Banking Business Analyst in the job title.

1 47 (100.00%) Banking
2 38 (80.85%) Finance
3 23 (48.94%) Change Management
4 18 (38.30%) Service Management
4 18 (38.30%) ITIL
5 12 (25.53%) Social Skills
6 10 (21.28%) ITSM
7 8 (17.02%) Business Analysis
7 8 (17.02%) GAP Analysis
7 8 (17.02%) Site Reliability Engineering
7 8 (17.02%) SWIFT Messaging Network
7 8 (17.02%) DevOps
8 7 (14.89%) Agile
9 6 (12.77%) Problem-Solving
9 6 (12.77%) Analytical Skills
10 5 (10.64%) SEPA
10 5 (10.64%) Requirements Gathering
10 5 (10.64%) Stakeholder Management
10 5 (10.64%) Product Ownership
11 4 (8.51%) Foreign Exchange (FX)
11 4 (8.51%) Derivative
11 4 (8.51%) User Acceptance Testing
11 4 (8.51%) Data Mapping
12 3 (6.38%) Microsoft PowerPoint
12 3 (6.38%) Regulatory Compliance
12 3 (6.38%) Corporate Banking
12 3 (6.38%) Microsoft Excel
12 3 (6.38%) Migration
12 3 (6.38%) Calypso
12 3 (6.38%) Financial Institution

Banking Business Analyst Skill Set
Co-occurring Skills and Capabilities in 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:

Application Platforms
1 1 (2.13%) Confluence
Applications
1 3 (6.38%) Microsoft Excel
1 3 (6.38%) Microsoft PowerPoint
Business Applications
1 1 (2.13%) Finacle
1 1 (2.13%) FLEXCUBE
1 1 (2.13%) Temenos T24
Development Applications
1 1 (2.13%) JIRA
General
1 47 (100.00%) Banking
2 38 (80.85%) Finance
3 12 (25.53%) Social Skills
4 6 (12.77%) Analytical Skills
5 3 (6.38%) Corporate Banking
5 3 (6.38%) Financial Institution
6 2 (4.26%) Front Office
6 2 (4.26%) Investment Banking
6 2 (4.26%) Retail Banking
7 1 (2.13%) French Language
7 1 (2.13%) Retail
Miscellaneous
1 8 (17.02%) SWIFT Messaging Network
2 5 (10.64%) Product Ownership
3 4 (8.51%) Derivative
3 4 (8.51%) Foreign Exchange (FX)
4 1 (2.13%) OTC Derivatives
4 1 (2.13%) Virtual Team
Processes & Methodologies
1 23 (48.94%) Change Management
2 18 (38.30%) ITIL
2 18 (38.30%) Service Management
3 10 (21.28%) ITSM
4 8 (17.02%) Business Analysis
4 8 (17.02%) DevOps
4 8 (17.02%) GAP Analysis
4 8 (17.02%) Site Reliability Engineering
5 7 (14.89%) Agile
6 6 (12.77%) Problem-Solving
7 5 (10.64%) Requirements Gathering
7 5 (10.64%) Stakeholder Management
8 4 (8.51%) Data Mapping
8 4 (8.51%) User Acceptance Testing
9 3 (6.38%) Migration
9 3 (6.38%) Regulatory Compliance
10 2 (4.26%) Data Analysis
10 2 (4.26%) Data-Driven Decision Making
10 2 (4.26%) Project Management
10 2 (4.26%) Scrum
Programming Languages
1 1 (2.13%) Java
1 1 (2.13%) SQL
Qualifications
1 2 (4.26%) SC Cleared
1 2 (4.26%) Security Cleared
2 1 (2.13%) Degree
Quality Assurance & Compliance
1 5 (10.64%) SEPA
2 1 (2.13%) EMIR
2 1 (2.13%) ISO 20022
2 1 (2.13%) ISO 8583
2 1 (2.13%) PMO
2 1 (2.13%) QA
Vendors
1 3 (6.38%) Calypso
2 2 (4.26%) Bloomberg
2 2 (4.26%) Refinitiv
3 1 (2.13%) Fiserv
3 1 (2.13%) Murex
3 1 (2.13%) Temenos