Financial Services Business Analyst Contracts

Business Analyst - Financial Services (Financial Services BA)
UK

The median Business Analyst - Financial Services (Financial Services BA) daily rate in the UK is £550 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 576 653 742
Rank change year-on-year +77 +89 -74
Contract jobs requiring a Financial Services Business Analyst 24 63 121
As % of all contract jobs advertised in the UK 0.056% 0.11% 0.14%
As % of the Job Titles category 0.060% 0.11% 0.14%
Number of daily rates quoted 21 54 80
10th Percentile £400 £424 £461
25th Percentile - £500 £505
Median daily rate (50th Percentile) £550 £525 £575
Median % change year-on-year +4.76% -8.70% +53.33%
75th Percentile £663 £575 £638
90th Percentile £750 £638 £675
UK excluding London median daily rate - £520 £567
% change year-on-year - -8.21% +11.08%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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 the UK with a recognized job title 40,029 55,895 84,701
% of contract IT jobs with a recognized job title 92.75% 94.62% 95.46%
Number of daily rates quoted 26,060 39,048 59,505
10th Percentile £280 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,665 1,566 2,078
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.11 £15.72
Median hourly rate £36.50 £45.00 £23.60
Median % change year-on-year -18.89% +90.68% +4.89%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.50 £76.00 £63.75
UK excluding London median hourly rate £40.00 £42.00 £19.52
% change year-on-year -4.76% +115.16% +2.74%

Financial Services Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Financial Services Business Analyst.

Daily rate trend for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Financial Services Business Analyst over the 6 months to 5 May 2024.

Daily rate histogram for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Financial Services Business Analyst.

Hourly rate trend for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Services Business Analyst within the UK 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 +87 22 £570 +8.57% 2
England +83 22 £570 +8.57% 2
Work from Home +123 17 £550 +7.32% 1

Financial Services Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 5 May 2024, Financial Services 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 featuring Financial Services Business Analyst in the job title.

1 24 (100.00%) Finance
2 15 (62.50%) Banking
3 9 (37.50%) Requirements Gathering
4 7 (29.17%) Social Skills
4 7 (29.17%) GAP Analysis
5 6 (25.00%) Migration
5 6 (25.00%) Data Management
5 6 (25.00%) Data Migration
6 5 (20.83%) User Acceptance Testing
6 5 (20.83%) QA
6 5 (20.83%) Data Quality
6 5 (20.83%) Root Cause Analysis
6 5 (20.83%) User Stories
6 5 (20.83%) Validation
6 5 (20.83%) SharePoint
7 4 (16.67%) Business Analysis
8 3 (12.50%) Agile
8 3 (12.50%) Asset Management
9 2 (8.33%) Bloomberg
9 2 (8.33%) Project Management
9 2 (8.33%) EMIR
9 2 (8.33%) BPSS Clearance
9 2 (8.33%) Wealth Management
9 2 (8.33%) MiFID
9 2 (8.33%) Investment Management
9 2 (8.33%) Waterfall
9 2 (8.33%) Refinitiv
9 2 (8.33%) Business Case
9 2 (8.33%) Onboarding
10 1 (4.17%) Collibra

Financial Services Business Analyst Skill Set
Co-occurring Skills and Capabilities 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 (20.83%) SharePoint
2 1 (4.17%) Confluence
Cloud Services
1 1 (4.17%) Collibra
Database & Business Intelligence
1 1 (4.17%) Tableau
Development Applications
1 1 (4.17%) JIRA
General
1 24 (100.00%) Finance
2 15 (62.50%) Banking
3 7 (29.17%) Social Skills
4 1 (4.17%) Investment Banking
Miscellaneous
1 2 (8.33%) Onboarding
2 1 (4.17%) Derivative
2 1 (4.17%) Reference Data
Processes & Methodologies
1 9 (37.50%) Requirements Gathering
2 7 (29.17%) GAP Analysis
3 6 (25.00%) Data Management
3 6 (25.00%) Data Migration
3 6 (25.00%) Migration
4 5 (20.83%) Root Cause Analysis
4 5 (20.83%) User Acceptance Testing
4 5 (20.83%) User Stories
4 5 (20.83%) Validation
5 4 (16.67%) Business Analysis
6 3 (12.50%) Agile
6 3 (12.50%) Asset Management
7 2 (8.33%) Business Case
7 2 (8.33%) Investment Management
7 2 (8.33%) Project Management
7 2 (8.33%) Waterfall
7 2 (8.33%) Wealth Management
8 1 (4.17%) Acceptance Criteria
8 1 (4.17%) Data Strategy
8 1 (4.17%) Reference Data Management
Programming Languages
1 1 (4.17%) Python
1 1 (4.17%) SQL
Qualifications
1 2 (8.33%) BPSS Clearance
2 1 (4.17%) Degree
2 1 (4.17%) Security Cleared
Quality Assurance & Compliance
1 5 (20.83%) Data Quality
1 5 (20.83%) QA
2 2 (8.33%) EMIR
2 2 (8.33%) MiFID
Vendors
1 2 (8.33%) Bloomberg
1 2 (8.33%) Refinitiv