Payments Business Analyst Contracts

Business Analyst - Payments (Payments BA)
UK

The median Business Analyst - Payments (Payments BA) daily rate in the UK is £650 according to job vacancies posted during the 6 months to 26 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
26 Apr 2024
Same period 2023 Same period 2022
Rank 550 691 806
Rank change year-on-year +141 +115 -144
Contract jobs requiring a Payments Business Analyst 29 9 54
As % of all contract jobs advertised in the UK 0.067% 0.015% 0.061%
As % of the Job Titles category 0.072% 0.016% 0.064%
Number of daily rates quoted 23 7 38
10th Percentile £433 £548 £413
25th Percentile £500 £575 £484
Median daily rate (50th Percentile) £650 £675 £575
Median % change year-on-year -3.70% +17.39% +10.58%
75th Percentile £700 £713 £650
90th Percentile - £738 £689
UK excluding London median daily rate £490 £563 £375
% change year-on-year -12.89% +50.00% -

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 40,413 56,730 84,732
% of contract IT jobs with a recognized job title 92.78% 94.61% 95.50%
Number of daily rates quoted 26,320 39,605 59,435
10th Percentile £275 £313 £313
25th Percentile £408 £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 £726
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,653 1,602 2,109
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.28 £15.50
Median hourly rate £35.96 £45.00 £23.00
Median % change year-on-year -20.09% +95.65% +0.24%
75th Percentile £60.25 £65.75 £48.75
90th Percentile £72.50 £75.50 £63.00
UK excluding London median hourly rate £38.00 £42.37 £19.50
% change year-on-year -10.30% +117.26% +2.47%

Payments Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Payments Business Analyst in the UK

Payments Business Analyst
Contractor Daily Rate Trend

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

Daily rate trend for Payments Business Analyst in the UK

Payments Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Payments Business Analyst over the 6 months to 26 April 2024.

Daily rate histogram for Payments Business Analyst in the UK

Payments Business Analyst
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Payments Business Analyst within the UK over the 6 months to 26 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
England +128 22 £700 +3.70% 2
London +125 20 £700 +3.70% 2
Work from Home +138 18 £650 -
UK excluding London +69 2 £490 -12.89%
South West +23 1 - -
Scotland - 1 £490 -

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

For the 6 months to 26 April 2024, Payments 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 Payments Business Analyst in the job title.

1 21 (72.41%) Finance
2 20 (68.97%) Banking
3 19 (65.52%) SWIFT Messaging Network
4 18 (62.07%) SEPA
5 14 (48.28%) Social Skills
6 9 (31.03%) Business Analysis
6 9 (31.03%) Agile
7 6 (20.69%) Analytical Skills
8 5 (17.24%) Stakeholder Management
8 5 (17.24%) Foreign Exchange (FX)
8 5 (17.24%) Regulatory Compliance
9 4 (13.79%) EMIR
9 4 (13.79%) MiFID
9 4 (13.79%) Data Mapping
9 4 (13.79%) Bloomberg
9 4 (13.79%) Financial Institution
9 4 (13.79%) Requirements Gathering
10 3 (10.34%) Epics
10 3 (10.34%) Problem-Solving
10 3 (10.34%) Documentation Skills
10 3 (10.34%) Project Management
10 3 (10.34%) Calypso
10 3 (10.34%) Scrum
10 3 (10.34%) Degree
10 3 (10.34%) User Acceptance Testing
10 3 (10.34%) Waterfall
11 2 (6.90%) ISO 20022
11 2 (6.90%) Swim Lanes
11 2 (6.90%) Business Process Modelling
11 2 (6.90%) PSD2

Payments 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:

Applications
1 2 (6.90%) Microsoft Excel
1 2 (6.90%) Microsoft PowerPoint
1 2 (6.90%) MS Visio
Business Applications
1 1 (3.45%) IntelliMatch
Cloud Services
1 2 (6.90%) Azure
1 2 (6.90%) Azure DevOps
General
1 21 (72.41%) Finance
2 20 (68.97%) Banking
3 14 (48.28%) Social Skills
4 6 (20.69%) Analytical Skills
5 4 (13.79%) Financial Institution
6 3 (10.34%) Documentation Skills
7 2 (6.90%) Investment Banking
Libraries, Frameworks & Software Standards
1 1 (3.45%) ADO
Miscellaneous
1 19 (65.52%) SWIFT Messaging Network
2 5 (17.24%) Foreign Exchange (FX)
3 2 (6.90%) Derivative
4 1 (3.45%) Legacy Systems
4 1 (3.45%) PMI
4 1 (3.45%) Product Ownership
4 1 (3.45%) Self-Motivation
Processes & Methodologies
1 9 (31.03%) Agile
1 9 (31.03%) Business Analysis
2 5 (17.24%) Regulatory Compliance
2 5 (17.24%) Stakeholder Management
3 4 (13.79%) Data Mapping
3 4 (13.79%) Requirements Gathering
4 3 (10.34%) Epics
4 3 (10.34%) Problem-Solving
4 3 (10.34%) Project Management
4 3 (10.34%) Scrum
4 3 (10.34%) User Acceptance Testing
4 3 (10.34%) Waterfall
5 2 (6.90%) B2B
5 2 (6.90%) Data Analysis
5 2 (6.90%) DevOps
5 2 (6.90%) Kanban
5 2 (6.90%) Migration
5 2 (6.90%) Risk Assessment
5 2 (6.90%) Use Case
5 2 (6.90%) User Stories
Qualifications
1 3 (10.34%) Degree
2 1 (3.45%) CBAP
2 1 (3.45%) PMI Certification
Quality Assurance & Compliance
1 18 (62.07%) SEPA
2 4 (13.79%) EMIR
2 4 (13.79%) MiFID
3 2 (6.90%) GDPR
3 2 (6.90%) ISO 20022
3 2 (6.90%) ISO 8583
3 2 (6.90%) PCI DSS
3 2 (6.90%) PSD2
4 1 (3.45%) TARGET2
Vendors
1 4 (13.79%) Bloomberg
2 3 (10.34%) Calypso
3 2 (6.90%) Refinitiv
3 2 (6.90%) Reuters