Banking Contracts in Tower Hamlets

Banking
East London > Tower Hamlets

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

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 6 8 8
Rank change year-on-year +2 0 -
Contract jobs citing Banking 18 9 7
As % of all contract jobs advertised in Tower Hamlets 16.67% 14.06% 11.86%
As % of the General category 21.95% 23.68% 21.21%
Number of daily rates quoted 15 9 6
10th Percentile £450 £486 £400
25th Percentile £492 £500 £415
Median daily rate (50th Percentile) £540 £650 £480
Median % change year-on-year -16.92% +35.42% -
75th Percentile £567 £800 £538
90th Percentile £673 £1,000 £750
East London median daily rate £540 £498 £400
% change year-on-year +8.54% +24.38% +19.40%

All General Skills
Tower Hamlets

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 Tower Hamlets with a requirement for common skills.

Contract vacancies with a requirement for common skills 82 38 33
As % of all contract IT jobs advertised in Tower Hamlets 75.93% 59.38% 55.93%
Number of daily rates quoted 78 32 28
10th Percentile £450 £333 £395
25th Percentile £540 £500 £458
Median daily rate (50th Percentile) £597 £570 £695
Median % change year-on-year +4.74% -17.99% +28.70%
75th Percentile £650 £706 £738
90th Percentile £779 £800 £800
East London median daily rate £564 £534 £580
% change year-on-year +5.57% -7.93% +27.12%

Banking
Job Vacancy Trend in Tower Hamlets

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

Job vacancy trend for Banking in Tower Hamlets

Banking
Contractor Daily Rate Trend in Tower Hamlets

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

Daily rate trend for Banking in Tower Hamlets

Banking
Daily Rate Histogram in Tower Hamlets

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

Daily rate histogram for Banking in Tower Hamlets

Banking
Contractor Hourly Rate Trend in Tower Hamlets

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

Hourly rate trend for Banking in Tower Hamlets

Banking
Contract Job Locations in Tower Hamlets

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Tower Hamlets region over the 6 months to 6 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
Canary Wharf +2 18 £540 -16.92% 1
Banking
East London

Banking
Co-occurring Skills and Capabilities in Tower Hamlets 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 (5.56%) Appian
Applications
1 2 (11.11%) Microsoft Excel
1 2 (11.11%) Microsoft PowerPoint
2 1 (5.56%) Sketch
Business Applications
1 2 (11.11%) SAP S/4HANA
2 1 (5.56%) Dynamics CRM
2 1 (5.56%) SAP CO
2 1 (5.56%) SAP FI
2 1 (5.56%) SAP FI/CO
2 1 (5.56%) Summit
Cloud Services
1 4 (22.22%) Azure
2 2 (11.11%) Microsoft 365
2 2 (11.11%) SuccessFactors
2 2 (11.11%) Tricentis Tosca
3 1 (5.56%) Azure DevOps
3 1 (5.56%) Dynamics 365
3 1 (5.56%) Figma
3 1 (5.56%) GitHub
3 1 (5.56%) Power Automate
3 1 (5.56%) Power Platform
3 1 (5.56%) PowerApps
Communications & Networking
1 2 (11.11%) DMZ
1 2 (11.11%) Firewall
1 2 (11.11%) IPsec
1 2 (11.11%) VPN
1 2 (11.11%) Wireshark
2 1 (5.56%) FTP
Database & Business Intelligence
1 2 (11.11%) Elasticsearch
1 2 (11.11%) SQL Server
2 1 (5.56%) Power BI
2 1 (5.56%) Relational Database
Development Applications
1 2 (11.11%) Jenkins
1 2 (11.11%) JMeter
1 2 (11.11%) NeoLoad
1 2 (11.11%) Selenium
1 2 (11.11%) SoapUI
2 1 (5.56%) Axure RP
2 1 (5.56%) Eclipse
2 1 (5.56%) Git
2 1 (5.56%) Gradle
2 1 (5.56%) IntelliJ
2 1 (5.56%) JIRA
2 1 (5.56%) Maven
2 1 (5.56%) Postman
General
1 12 (66.67%) Finance
2 4 (22.22%) Analytical Skills
2 4 (22.22%) Investment Banking
2 4 (22.22%) Social Skills
3 2 (11.11%) Organisational Skills
3 2 (11.11%) Public Sector
4 1 (5.56%) Legal
4 1 (5.56%) Presentation Skills
Job Titles
1 2 (11.11%) Analyst
1 2 (11.11%) Business Analyst
1 2 (11.11%) Cisco Engineer
1 2 (11.11%) Cisco Network Engineer
1 2 (11.11%) Developer
1 2 (11.11%) Network Engineer
1 2 (11.11%) Senior
1 2 (11.11%) Senior Cisco Engineer
1 2 (11.11%) Senior Cisco Network Engineer
1 2 (11.11%) Senior Network Engineer
1 2 (11.11%) Software Test Engineer
1 2 (11.11%) Test Engineer
2 1 (5.56%) Appian Developer
2 1 (5.56%) DevSecOps Engineer
2 1 (5.56%) Finance Business Analyst
2 1 (5.56%) KYC Analyst
2 1 (5.56%) Lead
2 1 (5.56%) SAP Financial Analyst
2 1 (5.56%) SAP Financial Business Analyst
2 1 (5.56%) Summit Project Manager
Libraries, Frameworks & Software Standards
1 3 (16.67%) CSS
1 3 (16.67%) HTML
1 3 (16.67%) Sass
2 2 (11.11%) Elastic Stack
2 2 (11.11%) JMS
2 2 (11.11%) JSON
2 2 (11.11%) Spring
2 2 (11.11%) Spring Batch
2 2 (11.11%) Web Services
2 2 (11.11%) XML
3 1 (5.56%) .NET
3 1 (5.56%) .NET Framework
3 1 (5.56%) ActiveMQ
3 1 (5.56%) Hibernate
3 1 (5.56%) JPA
3 1 (5.56%) REST
3 1 (5.56%) Spring Boot
Miscellaneous
1 2 (11.11%) Data Centre
2 1 (5.56%) Data Protection Act
2 1 (5.56%) iPhone
2 1 (5.56%) Management Information System
2 1 (5.56%) Onboarding
2 1 (5.56%) SWIFT Messaging Network
Operating Systems
1 1 (5.56%) Windows
Processes & Methodologies
1 11 (61.11%) Agile
2 5 (27.78%) DevOps
2 5 (27.78%) ERP
3 4 (22.22%) Roadmaps
3 4 (22.22%) Scrum
3 4 (22.22%) Software Delivery
3 4 (22.22%) Test Automation
4 3 (16.67%) BDD
4 3 (16.67%) Business Analysis
4 3 (16.67%) Migration
4 3 (16.67%) Problem-Solving
4 3 (16.67%) Stakeholder Engagement
4 3 (16.67%) Target Operating Model
5 2 (11.11%) Continuous Integration
5 2 (11.11%) Kanban
5 2 (11.11%) Low Latency
5 2 (11.11%) Process Management
5 2 (11.11%) Root Cause Analysis
5 2 (11.11%) Software Testing
5 2 (11.11%) Workflow
Programming Languages
1 5 (27.78%) SQL
2 3 (16.67%) Java
2 3 (16.67%) JavaScript
3 2 (11.11%) PL/SQL
4 1 (5.56%) C#
4 1 (5.56%) TypeScript
Quality Assurance & Compliance
1 2 (11.11%) QA
2 1 (5.56%) ISO 20022
2 1 (5.56%) SLA
Systems Management
1 2 (11.11%) Kibana
1 2 (11.11%) logstash
Vendors
1 4 (22.22%) SAP
2 3 (16.67%) Microsoft
2 3 (16.67%) Oracle
3 2 (11.11%) Arista
3 2 (11.11%) Cisco
3 2 (11.11%) Fortinet
4 1 (5.56%) MobileIron
4 1 (5.56%) ServiceNow
4 1 (5.56%) Workday