Wholesale Banking Contracts

Wholesale Banking
UK

The table below looks at the prevalence of the term Wholesale Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Wholesale Banking over the 6 months to 26 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 549 691 842
Rank change year-on-year +142 +151 -177
Contract jobs citing Wholesale Banking 30 9 18
As % of all contract jobs advertised in the UK 0.069% 0.015% 0.020%
As % of the General category 0.12% 0.026% 0.036%
Number of daily rates quoted 23 8 17
10th Percentile - £448 £492
25th Percentile £114 £463 £529
Median daily rate (50th Percentile) £820 £500 £600
Median % change year-on-year +64.00% -16.67% +5.49%
75th Percentile £960 £625 £675
90th Percentile £1,250 £768 £750
UK excluding London median daily rate £114 - £444

All General Skills
UK

Wholesale 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 with a requirement for common skills.

Contract vacancies with a requirement for common skills 25,363 35,089 49,646
As % of all contract IT jobs advertised in the UK 58.23% 58.52% 55.96%
Number of daily rates quoted 16,013 24,287 34,367
10th Percentile £270 £313 £315
25th Percentile £413 £440 £425
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +7.07%
75th Percentile £650 £675 £650
90th Percentile £763 £775 £750
UK excluding London median daily rate £495 £500 £475
% change year-on-year -1.00% +5.26% +11.76%
Number of hourly rates quoted 1,930 1,091 1,448
10th Percentile £12.78 £13.50 £12.50
25th Percentile £15.50 £18.11 £15.00
Median hourly rate £29.83 £35.00 £21.66
Median % change year-on-year -14.79% +61.61% -3.74%
75th Percentile £51.87 £61.25 £46.13
90th Percentile £65.00 £72.50 £58.00
UK excluding London median hourly rate £27.59 £30.50 £18.70
% change year-on-year -9.53% +63.10% -6.50%

Wholesale Banking
Job Vacancy Trend

Job postings citing Wholesale Banking as a proportion of all IT jobs advertised.

Job vacancy trend for Wholesale Banking in the UK

Wholesale Banking
Contractor Daily Rate Trend

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

Daily rate trend for Wholesale Banking in the UK

Wholesale Banking
Daily Rate Histogram

Daily rate distribution for jobs citing Wholesale Banking over the 6 months to 26 April 2024.

Daily rate histogram for Wholesale Banking in the UK

Wholesale Banking
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Wholesale Banking 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 +134 29 £798 +59.50% 9
London +126 22 £856 +59.26% 9
Work from Home +126 7 £1,250 +92.31% 3
UK excluding London - 7 £114 -
South East - 7 £114 -

Wholesale Banking
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 7 (23.33%) Microsoft Excel
1 7 (23.33%) Microsoft Office
Communications & Networking
1 4 (13.33%) Internet
Development Applications
1 4 (13.33%) Cucumber
1 4 (13.33%) JIRA
2 1 (3.33%) Selenium
General
1 30 (100.00%) Banking
2 24 (80.00%) Finance
3 11 (36.67%) Social Skills
4 10 (33.33%) Investment Banking
5 6 (20.00%) Back Office
6 5 (16.67%) Corporate Banking
6 5 (16.67%) Retail
6 5 (16.67%) Retail Banking
7 4 (13.33%) Influencing Skills
8 2 (6.67%) Front Office
Job Titles
1 7 (23.33%) Coordinator
2 5 (16.67%) Analyst
2 5 (16.67%) Automation Tester
2 5 (16.67%) Qualitative Analyst
2 5 (16.67%) Quantitative Analyst
2 5 (16.67%) Tester
3 3 (10.00%) Architect
3 3 (10.00%) Digital Architect
3 3 (10.00%) Principal Architect
3 3 (10.00%) Resilience Manager
4 2 (6.67%) Lead
5 1 (3.33%) Consultant
5 1 (3.33%) QA Engineer
5 1 (3.33%) Resilience Test Manager
5 1 (3.33%) Technical Consultant
5 1 (3.33%) Testing Engineer
Libraries, Frameworks & Software Standards
1 3 (10.00%) ADO
1 3 (10.00%) DAO
1 3 (10.00%) FIX Protocol
1 3 (10.00%) pytest
2 1 (3.33%) AngularJS
2 1 (3.33%) Node.js
2 1 (3.33%) React
2 1 (3.33%) REST
Miscellaneous
1 7 (23.33%) Credit Risk
2 6 (20.00%) Foreign Exchange (FX)
3 3 (10.00%) Mobile App
Operating Systems
1 4 (13.33%) Unix
Processes & Methodologies
1 9 (30.00%) Agile
2 7 (23.33%) Financial Analysis
2 7 (23.33%) Line Management
3 6 (20.00%) Test Automation
4 5 (16.67%) Business Strategy
4 5 (16.67%) Credit Risk Analysis
4 5 (16.67%) Financial Modelling
4 5 (16.67%) Risk Analysis
4 5 (16.67%) Roadmaps
4 5 (16.67%) Strategic Planning
4 5 (16.67%) Stress Testing
4 5 (16.67%) Wealth Management
5 4 (13.33%) Data Analysis
5 4 (13.33%) Decision-Making
5 4 (13.33%) E-Commerce
5 4 (13.33%) Functional Testing
5 4 (13.33%) Non-Functional Testing
5 4 (13.33%) Performance Testing
5 4 (13.33%) Root Cause Analysis
5 4 (13.33%) Test Planning
Programming Languages
1 6 (20.00%) Python
2 4 (13.33%) Java
2 4 (13.33%) SQL
3 1 (3.33%) JavaScript
Qualifications
1 3 (10.00%) Degree
2 1 (3.33%) CFA
2 1 (3.33%) Master's Degree
2 1 (3.33%) Six Sigma Master Black Belt
Quality Assurance & Compliance
1 7 (23.33%) QA
2 2 (6.67%) Basel III
Vendors
1 7 (23.33%) Microsoft
1 7 (23.33%) MicroStrategy