Banking Contracts in Scotland

Banking
UK > Scotland

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 23 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 26 28 27
Rank change year-on-year +2 -1 -10
Contract jobs citing Banking 131 197 229
As % of all contract jobs advertised in Scotland 6.23% 7.35% 6.78%
As % of the General category 9.62% 11.03% 9.57%
Number of daily rates quoted 75 96 111
10th Percentile £298 £408 £381
25th Percentile £410 £450 £450
Median daily rate (50th Percentile) £550 £525 £523
Median % change year-on-year +4.76% +0.38% +16.22%
75th Percentile £623 £650 £603
90th Percentile £713 £741 £675
UK median daily rate £613 £650 £625
% change year-on-year -5.77% +4.00% +11.11%
Number of hourly rates quoted 2 2 3
10th Percentile - £62.84 £40.70
25th Percentile - £63.83 £41.38
Median hourly rate £12.30 £66.56 £43.00
Median % change year-on-year -81.52% +54.80% +206.49%
75th Percentile - £68.20 £45.75
90th Percentile - £68.53 £47.10
UK median hourly rate £18.66 £21.00 £26.00
% change year-on-year -11.14% -19.23% +85.32%

All General Skills
Scotland

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 Scotland with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,362 1,786 2,393
As % of all contract IT jobs advertised in Scotland 64.80% 66.59% 70.82%
Number of daily rates quoted 833 1,287 1,743
10th Percentile £179 £230 £230
25th Percentile £340 £400 £381
Median daily rate (50th Percentile) £463 £475 £465
Median % change year-on-year -2.63% +2.15% +9.41%
75th Percentile £575 £564 £550
90th Percentile £650 £650 £625
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 73 28 45
10th Percentile £12.06 £12.62 £15.04
25th Percentile £13.50 £14.17 £17.50
Median hourly rate £18.27 £19.88 £37.43
Median % change year-on-year -8.10% -46.89% +113.89%
75th Percentile £55.00 £58.75 £47.25
90th Percentile £69.00 £67.22 £54.00
UK median hourly rate £30.00 £32.50 £22.50
% change year-on-year -7.69% +44.44% +1.26%

Banking
Job Vacancy Trend in Scotland

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

Job vacancy trend for Banking in Scotland

Banking
Contractor Daily Rate Trend in Scotland

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

Daily rate trend for Banking in Scotland

Banking
Daily Rate Histogram in Scotland

Daily rate distribution for jobs citing Banking in Scotland over the 6 months to 23 May 2024.

Daily rate histogram for Banking in Scotland

Banking
Contractor Hourly Rate Trend in Scotland

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

Hourly rate trend for Banking in Scotland

Banking
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Scotland region over the 6 months to 23 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
Edinburgh +2 63 £600 +20.00% 20
Glasgow +1 63 £475 -13.64% 17
Renfrewshire - 5 £120 -
Banking
UK

Banking
Co-occurring Skills and Capabilities in Scotland 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 5 (3.82%) IBM HTTP Server
1 5 (3.82%) SharePoint
1 5 (3.82%) WebSphere
1 5 (3.82%) WebSphere Application Server
1 5 (3.82%) WebSphere Portal
2 4 (3.05%) Apache Spark
3 3 (2.29%) SAS
4 2 (1.53%) Apache Airflow
5 1 (0.76%) Cloud Foundry
5 1 (0.76%) Confluence
Applications
1 9 (6.87%) Microsoft Excel
2 4 (3.05%) Spreadsheet
3 1 (0.76%) Microsoft PowerPoint
3 1 (0.76%) MS Visio
Business Applications
1 1 (0.76%) Dynamics CRM
1 1 (0.76%) Markit EDM
1 1 (0.76%) Payment Gateway
Cloud Services
1 21 (16.03%) AWS
2 18 (13.74%) Azure
3 10 (7.63%) OpenShift
4 8 (6.11%) GCP
5 4 (3.05%) AWS Lambda
5 4 (3.05%) Entra ID
5 4 (3.05%) Serverless
6 3 (2.29%) Amazon S3
6 3 (2.29%) AWS CloudFormation
6 3 (2.29%) IaaS
7 2 (1.53%) Amazon EC2
7 2 (1.53%) Amazon EMR
7 2 (1.53%) Amazon SageMaker
7 2 (1.53%) Snowflake
7 2 (1.53%) Virtual Private Cloud
8 1 (0.76%) Amazon EKS
8 1 (0.76%) Cloud Run
8 1 (0.76%) Figma
8 1 (0.76%) Google Data Studio
8 1 (0.76%) Power Platform
Communications & Networking
1 8 (6.11%) SAN
2 5 (3.82%) ATM
2 5 (3.82%) HTTP
2 5 (3.82%) NAS
3 3 (2.29%) DHCP
3 3 (2.29%) DNS
3 3 (2.29%) Fibre Channel
3 3 (2.29%) Firewall
3 3 (2.29%) iSCSI
4 2 (1.53%) SSL
Database & Business Intelligence
1 4 (3.05%) NoSQL
1 4 (3.05%) Relational Database
2 3 (2.29%) Amazon Athena
2 3 (2.29%) Big Data
2 3 (2.29%) DB2
3 2 (1.53%) Apache Hive
3 2 (1.53%) RDBMS
3 2 (1.53%) Spark SQL
3 2 (1.53%) SQL Server
4 1 (0.76%) Amazon RDS
4 1 (0.76%) BigQuery
4 1 (0.76%) BusinessObjects
4 1 (0.76%) Hadoop
4 1 (0.76%) Impala
4 1 (0.76%) MongoDB
4 1 (0.76%) MySQL
4 1 (0.76%) Oracle Database
4 1 (0.76%) PostgreSQL
4 1 (0.76%) SQL Server Reporting Services
Development Applications
1 10 (7.63%) JIRA
2 8 (6.11%) Git
3 7 (5.34%) Jenkins
4 5 (3.82%) IBM UrbanCode
5 2 (1.53%) GitLab
5 2 (1.53%) Gradle
5 2 (1.53%) JMeter
5 2 (1.53%) JUnit
5 2 (1.53%) LoadRunner
5 2 (1.53%) Selenium
6 1 (0.76%) Android Studio
6 1 (0.76%) Liquibase
6 1 (0.76%) Maven
6 1 (0.76%) Mockito
6 1 (0.76%) TeamCity
6 1 (0.76%) Xcode
General
1 69 (52.67%) Finance
2 41 (31.30%) Social Skills
3 14 (10.69%) Investment Banking
4 11 (8.40%) Analytical Skills
4 11 (8.40%) Retail Banking
5 7 (5.34%) Organisational Skills
6 6 (4.58%) Billing
7 3 (2.29%) Presentation Skills
7 3 (2.29%) Retail
7 3 (2.29%) Telecoms
8 2 (1.53%) Corporate Banking
8 2 (1.53%) Public Sector
9 1 (0.76%) Documentation Skills
9 1 (0.76%) Influencing Skills
9 1 (0.76%) Legal
Job Titles
1 31 (23.66%) Analyst
2 15 (11.45%) Developer
3 13 (9.92%) Senior
4 11 (8.40%) Architect
5 10 (7.63%) Business Analyst
6 9 (6.87%) Java Developer
6 9 (6.87%) Python Engineer
7 8 (6.11%) Solutions Architect
8 7 (5.34%) Technical Analyst
9 6 (4.58%) Cybersecurity Analyst
9 6 (4.58%) DevOps Engineer
9 6 (4.58%) Infrastructure Engineer
9 6 (4.58%) Linux Engineer
9 6 (4.58%) PMO Analyst
9 6 (4.58%) Security Analyst
10 5 (3.82%) Middleware Engineer
10 5 (3.82%) Senior Middleware Engineer
10 5 (3.82%) Site Reliability Engineer
11 4 (3.05%) Lead
11 4 (3.05%) Linux Infrastructure Engineer
Libraries, Frameworks & Software Standards
1 13 (9.92%) Kafka
2 11 (8.40%) Middleware
3 9 (6.87%) Spring
4 8 (6.11%) RESTful
5 7 (5.34%) Spring Boot
6 5 (3.82%) J2EE
7 4 (3.05%) SailPoint
8 3 (2.29%) Flash
8 3 (2.29%) POSIX
8 3 (2.29%) React
8 3 (2.29%) REST
9 2 (1.53%) Android Jetpack
9 2 (1.53%) AngularJS
9 2 (1.53%) Elastic Stack
9 2 (1.53%) Jetpack Compose
9 2 (1.53%) Lambda Expressions
9 2 (1.53%) OpenTracing
10 1 (0.76%) PySpark
10 1 (0.76%) Retrofit
10 1 (0.76%) Spring Cloud
Miscellaneous
1 8 (6.11%) Public Cloud
2 6 (4.58%) SWIFT Messaging Network
3 5 (3.82%) Data Structures
3 5 (3.82%) Onboarding
4 4 (3.05%) Distributed Systems
4 4 (3.05%) Mobile App
5 3 (2.29%) Client/Server
5 3 (2.29%) NVMe
6 2 (1.53%) Cyber Kill Chain
6 2 (1.53%) Embedded Systems
6 2 (1.53%) Equities
6 2 (1.53%) Foreign Exchange (FX)
7 1 (0.76%) Algorithms
7 1 (0.76%) Credit Risk
7 1 (0.76%) Data Protection Act
7 1 (0.76%) Hybrid Cloud
7 1 (0.76%) Legacy Systems
7 1 (0.76%) Low-Code
7 1 (0.76%) Operational Technology
7 1 (0.76%) Product Ownership
Operating Systems
1 13 (9.92%) Linux
2 12 (9.16%) Unix
3 9 (6.87%) Windows
4 5 (3.82%) Android
4 5 (3.82%) Windows Server
5 3 (2.29%) Apple iOS
5 3 (2.29%) Data ONTAP
5 3 (2.29%) Red Hat Enterprise Linux
6 2 (1.53%) VMS
6 2 (1.53%) zOS
Processes & Methodologies
1 33 (25.19%) Agile
2 16 (12.21%) Microservices
3 15 (11.45%) Stakeholder Management
4 14 (10.69%) Problem-Solving
4 14 (10.69%) Project Delivery
5 13 (9.92%) DevOps
6 11 (8.40%) SDLC
7 10 (7.63%) Project Management
8 9 (6.87%) Computer Science
8 9 (6.87%) Cybersecurity
8 9 (6.87%) Migration
8 9 (6.87%) Waterfall
9 8 (6.11%) Decision-Making
9 8 (6.11%) Test Automation
9 8 (6.11%) Test Strategy
9 8 (6.11%) User Acceptance Testing
10 7 (5.34%) CI/CD
10 7 (5.34%) End-to-End Testing
10 7 (5.34%) High Availability
10 7 (5.34%) Observability
Programming Languages
1 22 (16.79%) Python
2 19 (14.50%) Java
3 16 (12.21%) SQL
4 11 (8.40%) Perl
5 6 (4.58%) Kotlin
6 4 (3.05%) Scala
7 3 (2.29%) JavaScript
8 2 (1.53%) Shell Script
9 1 (0.76%) C#
9 1 (0.76%) Go
9 1 (0.76%) Groovy
9 1 (0.76%) PL/SQL
9 1 (0.76%) T-SQL
9 1 (0.76%) TypeScript
Qualifications
1 9 (6.87%) Degree
2 4 (3.05%) Computer Science Degree
3 3 (2.29%) Master's Degree
3 3 (2.29%) Security Cleared
4 2 (1.53%) ISEB
4 2 (1.53%) ISEB Practitioner
4 2 (1.53%) ISTQB
5 1 (0.76%) AWS Certification
5 1 (0.76%) Azure Certification
5 1 (0.76%) CCSA
5 1 (0.76%) CCSE
5 1 (0.76%) CISA
5 1 (0.76%) CISSP
5 1 (0.76%) Oracle Certification
5 1 (0.76%) SC Cleared
Quality Assurance & Compliance
1 15 (11.45%) PMO
2 4 (3.05%) QA
3 2 (1.53%) Disclosure Scotland
3 2 (1.53%) ISO/IEC 27001
3 2 (1.53%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
3 2 (1.53%) NIST
4 1 (0.76%) Accessibility
4 1 (0.76%) ISO 20022
4 1 (0.76%) ISO 8583
4 1 (0.76%) SLA
System Software
1 11 (8.40%) Docker
2 5 (3.82%) VMware Infrastructure
2 5 (3.82%) VMware NSX
2 5 (3.82%) vSphere
3 4 (3.05%) Active Directory
4 3 (2.29%) GPFS
4 3 (2.29%) Hyper-V
4 3 (2.29%) NFS
5 2 (1.53%) Firmware
6 1 (0.76%) Virtual Desktop
Systems Management
1 15 (11.45%) Kubernetes
2 7 (5.34%) Grafana
3 6 (4.58%) Prometheus
3 6 (4.58%) Terraform
4 4 (3.05%) Ansible
5 3 (2.29%) NetBackup
5 3 (2.29%) Veritas Storage Foundation
6 2 (1.53%) HP Quality Center
6 2 (1.53%) Zipkin
7 1 (0.76%) Istio
Vendors
1 18 (13.74%) Microsoft
2 11 (8.40%) IBM
3 8 (6.11%) Google
4 7 (5.34%) Splunk
5 6 (4.58%) Cisco
5 6 (4.58%) Oracle
5 6 (4.58%) Veritas
6 5 (3.82%) Dell
6 5 (3.82%) VMware
7 4 (3.05%) CyberArk
8 3 (2.29%) Brocade
8 3 (2.29%) EMC
8 3 (2.29%) NetApp
8 3 (2.29%) Sybase
9 2 (1.53%) Confluent
9 2 (1.53%) F5
9 2 (1.53%) Qualys
9 2 (1.53%) Sage
10 1 (0.76%) Alteryx
10 1 (0.76%) ServiceNow