Banking Contracts in the South West

Banking
England > South West

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the South West. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 28 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 126 124 86
Rank change year-on-year -2 -38 +15
Contract jobs citing Banking 26 43 92
As % of all contract jobs advertised in the South West 0.82% 1.19% 2.47%
As % of the General category 1.59% 2.40% 4.82%
Number of daily rates quoted 17 35 62
10th Percentile £330 £413 £413
25th Percentile £513 £475 £450
Median daily rate (50th Percentile) £630 £575 £493
Median % change year-on-year +9.57% +16.75% +11.93%
75th Percentile £725 £694 £547
90th Percentile £750 £738 £612
England median daily rate £625 £650 £638
% change year-on-year -3.85% +1.96% +10.87%

All General Skills
South West

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 South West with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,638 1,792 1,907
As % of all contract IT jobs advertised in the South West 51.61% 49.42% 51.21%
Number of daily rates quoted 988 1,321 1,330
10th Percentile £215 £275 £228
25th Percentile £410 £413 £400
Median daily rate (50th Percentile) £525 £545 £488
Median % change year-on-year -3.67% +11.79% +4.84%
75th Percentile £625 £634 £588
90th Percentile £700 £713 £675
England median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 263 128 135
10th Percentile £13.69 £17.50 -
25th Percentile £18.16 £37.50 £15.90
Median hourly rate £45.00 £60.35 £44.50
Median % change year-on-year -25.43% +35.62% +11.25%
75th Percentile £68.75 £70.00 £55.32
90th Percentile £75.00 £87.58 £64.65
England median hourly rate £30.00 £33.91 £21.43
% change year-on-year -11.53% +58.27% -4.78%

Banking
Job Vacancy Trend in the South West

Job postings citing Banking as a proportion of all IT jobs advertised in the South West.

Job vacancy trend for Banking in the South West

Banking
Contractor Daily Rate Trend in the South West

3-month moving average daily rate quoted in jobs citing Banking in the South West.

Daily rate trend for Banking in the South West

Banking
Daily Rate Histogram in the South West

Daily rate distribution for jobs citing Banking in the South West over the 6 months to 28 April 2024.

Daily rate histogram for Banking in the South West

Banking
Contractor Hourly Rate Trend in the South West

3-month moving average hourly rates quoted in jobs citing Banking in the South West.

Hourly rate trend for Banking in the South West

Banking
Contract Job Locations in the South West

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the South West region over the 6 months to 28 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
Bristol +21 19 £700 +33.33% 18
Wiltshire -18 3 - - 4
Somerset +4 1 £200 -63.64% 3
Dorset - 1 £400 -
Gloucestershire - 1 £400 -
Banking
England

Banking
Co-occurring Skills and Capabilities in the South West 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 4 (15.38%) SharePoint
Applications
1 4 (15.38%) Microsoft Excel
2 1 (3.85%) Spreadsheet
Cloud Services
1 4 (15.38%) Azure
1 4 (15.38%) Entra ID
2 2 (7.69%) IaaS
2 2 (7.69%) PaaS
2 2 (7.69%) Power Platform
2 2 (7.69%) SaaS
Communications & Networking
1 2 (7.69%) Firewall
Database & Business Intelligence
1 2 (7.69%) Power BI
2 1 (3.85%) Apache Cassandra
2 1 (3.85%) CockroachDB
2 1 (3.85%) Data Vault
2 1 (3.85%) NoSQL
2 1 (3.85%) Oracle Database
2 1 (3.85%) Oracle Database 11g
2 1 (3.85%) Tableau
Development Applications
1 1 (3.85%) Android Studio
1 1 (3.85%) Git
General
1 10 (38.46%) Finance
2 8 (30.77%) Social Skills
3 5 (19.23%) Analytical Skills
4 3 (11.54%) Billing
5 2 (7.69%) Investment Banking
6 1 (3.85%) Inclusion and Diversity
6 1 (3.85%) Marketing
Job Titles
1 8 (30.77%) Analyst
2 5 (19.23%) Architect
3 4 (15.38%) Cybersecurity Analyst
3 4 (15.38%) Developer
3 4 (15.38%) Security Analyst
3 4 (15.38%) Solutions Architect
4 3 (11.54%) Commercial Manager
4 3 (11.54%) Contracts Manager
5 2 (7.69%) Data Analyst
5 2 (7.69%) Infrastructure Architect
5 2 (7.69%) Lead
5 2 (7.69%) SOC Analyst
6 1 (3.85%) Actuarial Developer
6 1 (3.85%) Banking Infrastructure Architect
6 1 (3.85%) Java Developer
6 1 (3.85%) Oracle Developer
6 1 (3.85%) Penetration Tester
6 1 (3.85%) PL/SQL Developer
6 1 (3.85%) Senior
6 1 (3.85%) SQL Developer
Libraries, Frameworks & Software Standards
1 4 (15.38%) SailPoint
2 2 (7.69%) Middleware
3 1 (3.85%) Android SDK
3 1 (3.85%) JPA
3 1 (3.85%) REST
3 1 (3.85%) RESTful
3 1 (3.85%) Spring
3 1 (3.85%) Spring Boot
Miscellaneous
1 3 (11.54%) Public Cloud
1 3 (11.54%) Security Posture
2 2 (7.69%) Cyber Threat
2 2 (7.69%) Product Ownership
2 2 (7.69%) Security Operations Centre
3 1 (3.85%) Derivative
3 1 (3.85%) Mobile App
3 1 (3.85%) Mobile Banking
Operating Systems
1 3 (11.54%) Windows
2 2 (7.69%) Linux
3 1 (3.85%) Android
3 1 (3.85%) Unix
Processes & Methodologies
1 7 (26.92%) Agile
2 6 (23.08%) Cybersecurity
3 4 (15.38%) Identity Access Management
3 4 (15.38%) Remediation Plan
4 3 (11.54%) Architecture Roadmap
4 3 (11.54%) Change Control
4 3 (11.54%) Contract Management
4 3 (11.54%) Cyber Threat Intelligence
4 3 (11.54%) Decision-Making
4 3 (11.54%) Penetration Testing
4 3 (11.54%) Problem-Solving
4 3 (11.54%) Roadmaps
4 3 (11.54%) Security Operations
4 3 (11.54%) Stakeholder Management
4 3 (11.54%) Threat Intelligence
4 3 (11.54%) TOGAF
5 2 (7.69%) Data Modelling
5 2 (7.69%) Programme Management
5 2 (7.69%) Supplier Management
5 2 (7.69%) Use Case
Programming Languages
1 3 (11.54%) Java
1 3 (11.54%) SQL
2 2 (7.69%) Kusto Query Language
2 2 (7.69%) Python
2 2 (7.69%) Search Processing Language
3 1 (3.85%) C
3 1 (3.85%) C++
3 1 (3.85%) Data Analysis Expressions
3 1 (3.85%) Kotlin
3 1 (3.85%) Perl
3 1 (3.85%) PL/SQL
3 1 (3.85%) R
3 1 (3.85%) Ruby
3 1 (3.85%) Shell Script
Qualifications
1 3 (11.54%) DV Cleared
1 3 (11.54%) Security Cleared
2 1 (3.85%) CREST Certified
2 1 (3.85%) OSCP
Quality Assurance & Compliance
1 5 (19.23%) SLA
2 4 (15.38%) QA
3 2 (7.69%) GDPR
3 2 (7.69%) NIST
4 1 (3.85%) PCI DSS
System Software
1 4 (15.38%) Active Directory
2 1 (3.85%) Docker
Systems Management
1 1 (3.85%) Thomson Reuters DACS
Vendors
1 7 (26.92%) Microsoft
2 4 (15.38%) CyberArk
3 2 (7.69%) Splunk
4 1 (3.85%) Alteryx
4 1 (3.85%) Bloomberg
4 1 (3.85%) Oracle
4 1 (3.85%) Refinitiv
4 1 (3.85%) ServiceNow