Investment Banking Business Analyst Contracts

Business Analyst - Investment Banking (Investment Banking BA)
UK

The median Business Analyst - Investment Banking (Investment Banking BA) daily rate in the UK is £800 according to job vacancies posted during the 6 months to 29 April 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
29 Apr 2024
Same period 2023 Same period 2022
Rank 573 671 725
Rank change year-on-year +98 +54 -79
Contract jobs requiring an Investment Banking Business Analyst 27 42 131
As % of all contract jobs advertised in the UK 0.062% 0.070% 0.15%
As % of the Job Titles category 0.067% 0.074% 0.15%
Number of daily rates quoted 21 41 127
10th Percentile £650 £575 £500
25th Percentile £700 £700 £650
Median daily rate (50th Percentile) £800 £750 £750
Median % change year-on-year +6.67% - +7.14%
75th Percentile £850 £825 £800
90th Percentile - £850 -
UK excluding London median daily rate - - £800

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 40,448 56,471 84,729
% of contract IT jobs with a recognized job title 92.78% 94.61% 95.48%
Number of daily rates quoted 26,348 39,474 59,497
10th Percentile £275 £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 £734
UK excluding London median daily rate £492 £500 £475
% change year-on-year -1.60% +5.26% +11.76%
Number of hourly rates quoted 2,658 1,569 2,098
10th Percentile £12.86 £14.29 £12.50
25th Percentile £16.30 £19.50 £15.50
Median hourly rate £36.00 £45.00 £23.46
Median % change year-on-year -20.00% +91.86% +3.42%
75th Percentile £60.75 £65.75 £48.94
90th Percentile £72.50 £75.75 £63.36
UK excluding London median hourly rate £38.50 £42.50 £19.50
% change year-on-year -9.41% +117.95% +2.63%

Investment Banking Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Investment Banking Business Analyst in the UK

Investment Banking Business Analyst
Contractor Daily Rate Trend

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

Daily rate trend for Investment Banking Business Analyst in the UK

Investment Banking Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Investment Banking Business Analyst over the 6 months to 29 April 2024.

Daily rate histogram for Investment Banking Business Analyst in the UK

Investment Banking Business Analyst
Contractor Hourly Rate Trend

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

Hourly rate trend for Investment Banking Business Analyst in the UK

Investment Banking 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 Investment Banking Business Analyst within the UK over the 6 months to 29 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
London +93 27 £800 +6.67%
England +91 27 £800 +6.67%
Work from Home +125 8 £850 +21.43%

Investment Banking Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 29 April 2024, Investment Banking 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 Investment Banking Business Analyst in the job title.

1 16 (59.26%) Banking
2 15 (55.56%) Investment Banking
2 15 (55.56%) Front Office
2 15 (55.56%) Bloomberg
3 14 (51.85%) SQL
4 13 (48.15%) Microsoft Excel
4 13 (48.15%) Fixed Income
4 13 (48.15%) JIRA
4 13 (48.15%) Analytical Skills
5 12 (44.44%) Tradeweb
5 12 (44.44%) MarketAxess
5 12 (44.44%) Electronic Trading
5 12 (44.44%) FIX Connectivity
5 12 (44.44%) FIX Protocol
5 12 (44.44%) Degree
5 12 (44.44%) Derivative
5 12 (44.44%) ION Trading
5 12 (44.44%) Risk Management
5 12 (44.44%) Data Modelling
5 12 (44.44%) UML
5 12 (44.44%) XML
6 11 (40.74%) Unix
6 11 (40.74%) MS Visio
6 11 (40.74%) QA
6 11 (40.74%) Microsoft PowerPoint
6 11 (40.74%) TeamCity
6 11 (40.74%) Confluence
6 11 (40.74%) EMIR
7 10 (37.04%) Stakeholder Management
8 9 (33.33%) MiFID

Investment Banking 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 11 (40.74%) Confluence
Applications
1 13 (48.15%) Microsoft Excel
2 11 (40.74%) Microsoft PowerPoint
2 11 (40.74%) MS Visio
Business Applications
1 6 (22.22%) ION MarketView
Communications & Networking
1 12 (44.44%) FIX Connectivity
Database & Business Intelligence
1 1 (3.70%) Data Mining
1 1 (3.70%) SQL Server
Development Applications
1 13 (48.15%) JIRA
2 11 (40.74%) TeamCity
General
1 16 (59.26%) Banking
2 15 (55.56%) Front Office
2 15 (55.56%) Investment Banking
3 13 (48.15%) Analytical Skills
4 5 (18.52%) Finance
5 4 (14.81%) Social Skills
6 1 (3.70%) General Ledger
6 1 (3.70%) Inclusion and Diversity
6 1 (3.70%) Legal
6 1 (3.70%) Prime Brokerage
Libraries, Frameworks & Software Standards
1 12 (44.44%) FIX Protocol
1 12 (44.44%) XML
Miscellaneous
1 13 (48.15%) Fixed Income
2 12 (44.44%) Derivative
3 2 (7.41%) Credit Risk
3 2 (7.41%) Equities
3 2 (7.41%) Market Risk
4 1 (3.70%) EFT
4 1 (3.70%) Equity Derivative
4 1 (3.70%) Foreign Exchange (FX)
4 1 (3.70%) Synthetic Equity
Operating Systems
1 11 (40.74%) Unix
Processes & Methodologies
1 12 (44.44%) Data Modelling
1 12 (44.44%) Electronic Trading
1 12 (44.44%) Risk Management
1 12 (44.44%) UML
2 10 (37.04%) Stakeholder Management
3 6 (22.22%) Business Analysis
3 6 (22.22%) Project Management
4 4 (14.81%) B2C
4 4 (14.81%) GAP Analysis
5 2 (7.41%) Agile
5 2 (7.41%) Epics
5 2 (7.41%) Stress Testing
5 2 (7.41%) User Stories
5 2 (7.41%) Workflow
6 1 (3.70%) Backlog Management
6 1 (3.70%) KYC
6 1 (3.70%) Re-Platforming
6 1 (3.70%) Requirements Gathering
6 1 (3.70%) Roadmaps
6 1 (3.70%) Target Operating Model
Programming Languages
1 14 (51.85%) SQL
2 1 (3.70%) Python
2 1 (3.70%) R
2 1 (3.70%) VBA
Qualifications
1 12 (44.44%) Degree
2 1 (3.70%) Six Sigma Black Belt
2 1 (3.70%) Six Sigma Green Belt
Quality Assurance & Compliance
1 11 (40.74%) EMIR
1 11 (40.74%) QA
2 9 (33.33%) MiFID
3 8 (29.63%) Dodd-Frank
4 2 (7.41%) Basel II
5 1 (3.70%) Basel III
5 1 (3.70%) GAAP
Vendors
1 15 (55.56%) Bloomberg
2 12 (44.44%) ION Trading
2 12 (44.44%) MarketAxess
2 12 (44.44%) Tradeweb
3 3 (11.11%) GoldenSource
4 1 (3.70%) Murex