Investment Banking Contracts in London

Investment Banking
England > London

The table below looks at the prevalence of the term Investment Banking in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 27 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 76 53 58
Rank change year-on-year -23 +5 +8
Contract jobs citing Investment Banking 525 1,188 1,689
As % of all contract jobs advertised in London 2.96% 4.39% 4.34%
As % of the General category 4.69% 6.91% 7.26%
Number of daily rates quoted 395 882 1,252
10th Percentile £500 £525 £544
25th Percentile £600 £588 £624
Median daily rate (50th Percentile) £740 £700 £713
Median % change year-on-year +5.71% -1.75% +9.62%
75th Percentile £850 £806 £800
90th Percentile £900 £950 £875
England median daily rate £725 £700 £700
% change year-on-year +3.57% - +7.69%
Number of hourly rates quoted 0 1 2
10th Percentile - - £60.33
25th Percentile - £39.25 £64.56
Median hourly rate - £40.50 £73.25
Median % change year-on-year - -44.71% +225.56%
75th Percentile - £41.75 £81.06
90th Percentile - - £84.78
England median hourly rate £19.50 £40.50 £60.00
% change year-on-year -51.85% -32.50% +166.67%

All General Skills
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 London with a requirement for common skills.

Contract vacancies with a requirement for common skills 11,194 17,186 23,250
As % of all contract IT jobs advertised in London 63.21% 63.47% 59.72%
Number of daily rates quoted 7,991 12,426 16,753
10th Percentile £336 £375 £381
25th Percentile £450 £481 £475
Median daily rate (50th Percentile) £575 £600 £575
Median % change year-on-year -4.17% +4.35% +9.52%
75th Percentile £700 £725 £700
90th Percentile £801 £825 £794
England median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 245 225 296
10th Percentile £16.00 £16.69 £19.89
25th Percentile £18.25 £21.24 £25.68
Median hourly rate £28.50 £32.50 £36.00
Median % change year-on-year -12.31% -9.72% +30.91%
75th Percentile £43.75 £58.75 £49.38
90th Percentile £65.45 £70.00 £64.56
England median hourly rate £30.00 £34.31 £21.30
% change year-on-year -12.56% +61.08% -5.33%

Investment Banking
Job Vacancy Trend in London

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

Job vacancy trend for Investment Banking in London

Investment Banking
Contractor Daily Rate Trend in London

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

Daily rate trend for Investment Banking in London

Investment Banking
Daily Rate Histogram in London

Daily rate distribution for jobs citing Investment Banking in London over the 6 months to 27 April 2024.

Daily rate histogram for Investment Banking in London

Investment Banking
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Investment Banking in London

Investment Banking
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Investment Banking within the London region over the 6 months to 27 April 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
Central London -17 73 £700 -1.93% 11
East London -1 4 £620 +175.56% 3
South London +5 2 £575 -14.81%
Investment Banking
England

Investment Banking
Co-occurring Skills and Capabilities in 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 76 (14.48%) Apache
2 75 (14.29%) Apache Airflow
3 6 (1.14%) Apache Spark
3 6 (1.14%) SharePoint
4 4 (0.76%) Microsoft Exchange
5 3 (0.57%) Confluence
6 2 (0.38%) Adobe Experience Manager
6 2 (0.38%) CMS
6 2 (0.38%) Headless CMS
7 1 (0.19%) GemFire
7 1 (0.19%) IIS
7 1 (0.19%) Oracle Coherence
7 1 (0.19%) Oracle Workflow
7 1 (0.19%) WebSphere
Applications
1 24 (4.57%) Microsoft Excel
2 11 (2.10%) Microsoft PowerPoint
3 8 (1.52%) Microsoft Office
4 4 (0.76%) Microsoft Project
5 2 (0.38%) Sketch
5 2 (0.38%) Spreadsheet
6 1 (0.19%) InVision
Business Applications
1 11 (2.10%) Aladdin
1 11 (2.10%) ION Anvil
1 11 (2.10%) Loan IQ
2 8 (1.52%) IntelliMatch
2 8 (1.52%) ION MarketView
3 2 (0.38%) Fidessa
3 2 (0.38%) Orchestrade
3 2 (0.38%) SAP S/4HANA
4 1 (0.19%) Finacle
4 1 (0.19%) FLEXCUBE
4 1 (0.19%) Oracle FAH
4 1 (0.19%) Oracle General Ledger
4 1 (0.19%) SAP CO
4 1 (0.19%) SAP ERP
4 1 (0.19%) SAP FI
4 1 (0.19%) SAP FI/CO
4 1 (0.19%) Temenos T24
Cloud Services
1 106 (20.19%) AWS
2 74 (14.10%) dbt
3 58 (11.05%) Snowflake
4 54 (10.29%) GCP
5 43 (8.19%) Azure
6 13 (2.48%) Power Platform
7 9 (1.71%) Azure DevOps
8 7 (1.33%) GitHub
9 6 (1.14%) Microsoft 365
9 6 (1.14%) Power Automate
10 5 (0.95%) Serverless
11 4 (0.76%) Dynamics 365
11 4 (0.76%) OpenShift
12 3 (0.57%) Amazon EC2
12 3 (0.57%) Azure AKS
12 3 (0.57%) Cloud Run
12 3 (0.57%) Google Kubernetes Engine
12 3 (0.57%) npm
12 3 (0.57%) Yarn
13 2 (0.38%) Amazon S3
Communications & Networking
1 5 (0.95%) Firewall
2 4 (0.76%) FIX Connectivity
2 4 (0.76%) Internet
3 3 (0.57%) DMZ
3 3 (0.57%) LAN
3 3 (0.57%) VPN
3 3 (0.57%) WAN
4 2 (0.38%) IPsec
4 2 (0.38%) SSH
4 2 (0.38%) Wireshark
5 1 (0.19%) Cisco Nexus
Database & Business Intelligence
1 74 (14.10%) Amazon Athena
1 74 (14.10%) Apache Arrow
1 74 (14.10%) Apache Ignite
1 74 (14.10%) Dremio
2 60 (11.43%) Data Lake
3 34 (6.48%) Relational Database
4 30 (5.71%) SQL Server
5 13 (2.48%) KDB
6 11 (2.10%) Big Data
7 9 (1.71%) Power BI
8 7 (1.33%) NoSQL
8 7 (1.33%) Oracle Database
9 5 (0.95%) Data Warehouse
9 5 (0.95%) MongoDB
10 4 (0.76%) Hadoop
11 3 (0.57%) BigQuery
11 3 (0.57%) Elasticsearch
11 3 (0.57%) Hazelcast
11 3 (0.57%) MySQL
12 2 (0.38%) Impala
Development Applications
1 31 (5.90%) JIRA
2 25 (4.76%) TeamCity
3 22 (4.19%) Git
4 17 (3.24%) Jenkins
5 8 (1.52%) Cucumber
5 8 (1.52%) GitLab
6 7 (1.33%) Bitbucket
6 7 (1.33%) Visual Studio
7 5 (0.95%) MLflow
7 5 (0.95%) TestRail
8 3 (0.57%) Octopus Deploy
8 3 (0.57%) Selenium
8 3 (0.57%) webpack
9 2 (0.38%) Artifactory
9 2 (0.38%) JUnit
9 2 (0.38%) Maven
9 2 (0.38%) PHPUnit
9 2 (0.38%) SpecFlow
9 2 (0.38%) Visual Studio Code
10 1 (0.19%) Zephyr
General
1 525 (100.00%) Banking
2 289 (55.05%) Finance
3 186 (35.43%) Front Office
4 112 (21.33%) Social Skills
5 57 (10.86%) Analytical Skills
6 34 (6.48%) Retail
7 31 (5.90%) Retail Banking
8 27 (5.14%) Corporate Banking
9 10 (1.90%) Back Office
9 10 (1.90%) Financial Institution
9 10 (1.90%) Wholesale Banking
10 7 (1.33%) Prime Brokerage
10 7 (1.33%) Public Sector
11 6 (1.14%) Synthetic Prime Brokerage
12 5 (0.95%) Presentation Skills
13 4 (0.76%) Inclusion and Diversity
13 4 (0.76%) Legal
13 4 (0.76%) Organisational Skills
14 2 (0.38%) French Language
14 2 (0.38%) Public Speaking
Job Titles
1 188 (35.81%) Developer
2 104 (19.81%) Analyst
3 70 (13.33%) Java Developer
4 66 (12.57%) Business Analyst
5 61 (11.62%) Lead
6 59 (11.24%) Senior
7 50 (9.52%) Software Engineer
8 34 (6.48%) C# Developer
9 32 (6.10%) Architect
10 29 (5.52%) Developer/Software Engineer
10 29 (5.52%) Project Manager
10 29 (5.52%) Software Developer
11 28 (5.33%) Java Engineer
11 28 (5.33%) Python Engineer
12 27 (5.14%) AWS Engineer
12 27 (5.14%) Python Developer
13 25 (4.76%) AWS Software Engineer
13 25 (4.76%) Python Software Engineer
14 24 (4.57%) Front Office Developer
14 24 (4.57%) Java Software Engineer
Libraries, Frameworks & Software Standards
1 74 (14.10%) Pandas
2 73 (13.90%) gRPC
2 73 (13.90%) NumPy
2 73 (13.90%) Protocol Buffers
2 73 (13.90%) SciPy
3 47 (8.95%) .NET
4 40 (7.62%) FIX Protocol
5 29 (5.52%) React
6 22 (4.19%) WPF
7 16 (3.05%) CSS
8 13 (2.48%) HTML
9 11 (2.10%) Redux
9 11 (2.10%) Spring
10 10 (1.90%) .NET Framework
10 10 (1.90%) AngularJS
11 8 (1.52%) .NET Core
11 8 (1.52%) HTML5
11 8 (1.52%) Middleware
12 7 (1.33%) Reactive Extensions
12 7 (1.33%) XML
Miscellaneous
1 153 (29.14%) Derivative
2 146 (27.81%) Fixed Income
3 114 (21.71%) Equities
4 110 (20.95%) Foreign Exchange (FX)
5 84 (16.00%) Hedge funds
6 39 (7.43%) Product Ownership
7 19 (3.62%) Equity Derivative
8 13 (2.48%) Market Risk
9 11 (2.10%) Distributed Computing
10 9 (1.71%) Algorithms
11 7 (1.33%) Credit Risk
11 7 (1.33%) Management Information System
11 7 (1.33%) OTC Derivatives
11 7 (1.33%) Self-Motivation
12 6 (1.14%) Greenfield Project
13 5 (0.95%) Distributed Systems
13 5 (0.95%) Public Cloud
14 4 (0.76%) Data Structures
14 4 (0.76%) Pricing Data
14 4 (0.76%) Replication
Operating Systems
1 49 (9.33%) Linux
2 42 (8.00%) Windows
3 35 (6.67%) Unix
4 5 (0.95%) Android
5 4 (0.76%) Apple iOS
5 4 (0.76%) Red Hat Enterprise Linux
6 3 (0.57%) Windows Server
7 1 (0.19%) VMS
7 1 (0.19%) Windows 10
Processes & Methodologies
1 187 (35.62%) Agile
2 96 (18.29%) Asset Management
3 92 (17.52%) Software Engineering
4 82 (15.62%) Investment Management
5 60 (11.43%) Problem-Solving
6 57 (10.86%) DevOps
7 53 (10.10%) Electronic Trading
8 45 (8.57%) Analytics
8 45 (8.57%) Test Automation
9 38 (7.24%) Wealth Management
10 37 (7.05%) Project Management
11 35 (6.67%) Line Management
12 33 (6.29%) SDLC
12 33 (6.29%) Stakeholder Management
13 32 (6.10%) CI/CD
14 29 (5.52%) Migration
15 27 (5.14%) Algorithmic Trading
15 27 (5.14%) Risk Management
16 25 (4.76%) Scrum
17 24 (4.57%) Fintech
Programming Languages
1 173 (32.95%) Python
2 170 (32.38%) Java
3 120 (22.86%) SQL
4 91 (17.33%) TypeScript
5 90 (17.14%) C#
6 84 (16.00%) JavaScript
7 25 (4.76%) PowerShell
8 23 (4.38%) C++
9 22 (4.19%) Scala
10 11 (2.10%) Ruby
11 9 (1.71%) Perl
11 9 (1.71%) T-SQL
11 9 (1.71%) VBA
12 7 (1.33%) Bash
12 7 (1.33%) Shell Script
13 5 (0.95%) R
14 4 (0.76%) PHP
14 4 (0.76%) PL/SQL
15 3 (0.57%) Go
15 3 (0.57%) Korn
Qualifications
1 38 (7.24%) Degree
2 14 (2.67%) Numerate Degree
3 11 (2.10%) Computer Science Degree
4 6 (1.14%) Master's Degree
5 4 (0.76%) APMP
6 3 (0.57%) CISM
6 3 (0.57%) CISSP
6 3 (0.57%) MCSE
6 3 (0.57%) Microsoft Certification
6 3 (0.57%) PMP
6 3 (0.57%) SC Cleared
6 3 (0.57%) Security Cleared
7 2 (0.38%) ISEB
7 2 (0.38%) Six Sigma Black Belt
7 2 (0.38%) Six Sigma Green Belt
8 1 (0.19%) PMI Certification
Quality Assurance & Compliance
1 31 (5.90%) Data Quality
2 28 (5.33%) QA
3 16 (3.05%) PMO
4 15 (2.86%) EMIR
5 12 (2.29%) MiFID
6 9 (1.71%) SLA
7 3 (0.57%) Dodd-Frank
8 2 (0.38%) SEPA
9 1 (0.19%) Basel II
9 1 (0.19%) Basel III
9 1 (0.19%) COREP
9 1 (0.19%) GAAP
9 1 (0.19%) GRC
9 1 (0.19%) IFRS
9 1 (0.19%) IFRS 17
9 1 (0.19%) IFRS 9
9 1 (0.19%) ISO/IEC 27001
9 1 (0.19%) NIST
System Software
1 14 (2.67%) Docker
2 10 (1.90%) Active Directory
3 1 (0.19%) Cronacle
3 1 (0.19%) GridGain
3 1 (0.19%) HDFS
Systems Management
1 15 (2.86%) Kubernetes
2 14 (2.67%) ITRS Geneos
3 12 (2.29%) Ansible
4 9 (1.71%) Puppet
4 9 (1.71%) Terraform
5 8 (1.52%) Grafana
6 3 (0.57%) Rancher
6 3 (0.57%) Red Hat Satellite
7 2 (0.38%) Consul
7 2 (0.38%) Packer
7 2 (0.38%) Progress Chef
8 1 (0.19%) Argo
8 1 (0.19%) Control-M
8 1 (0.19%) CSIRT
8 1 (0.19%) Kibana
8 1 (0.19%) Netcool
8 1 (0.19%) Prometheus
Vendors
1 34 (6.48%) Microsoft
2 29 (5.52%) Bloomberg
3 17 (3.24%) Oracle
4 14 (2.67%) ION Trading
5 11 (2.10%) BISAM
6 10 (1.90%) Databricks
7 8 (1.52%) Refinitiv
8 7 (1.33%) Murex
9 6 (1.14%) Dynatrace
9 6 (1.14%) Google
9 6 (1.14%) IBM
10 5 (0.95%) Solace
11 4 (0.76%) Alteryx
11 4 (0.76%) Citrix
11 4 (0.76%) ServiceNow
12 3 (0.57%) Cisco
12 3 (0.57%) Red Hat
12 3 (0.57%) SAP
12 3 (0.57%) SmartStream
12 3 (0.57%) Sun