Banking Contracts in the West Midlands

Banking
England > West Midlands

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the West Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 24 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
24 Apr 2024
Same period 2023 Same period 2022
Rank 92 89 109
Rank change year-on-year -3 +20 -24
Contract jobs citing Banking 17 52 64
As % of all contract jobs advertised in the West Midlands 0.88% 2.16% 1.78%
As % of the General category 1.56% 3.67% 3.15%
Number of daily rates quoted 11 26 54
10th Percentile £363 £488 £304
25th Percentile £513 £519 £455
Median daily rate (50th Percentile) £525 £563 £525
Median % change year-on-year -6.67% +7.14% +35.48%
75th Percentile £644 £731 £575
90th Percentile £775 - £654
England median daily rate £625 £650 £639
% change year-on-year -3.85% +1.76% +13.56%
Number of hourly rates quoted 1 0 0
Median hourly rate £40.50 - -
England median hourly rate £19.50 £21.00 £23.48
% change year-on-year -7.14% -10.57% +48.06%

All General Skills
West Midlands

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 the West Midlands with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,092 1,415 2,029
As % of all contract IT jobs advertised in the West Midlands 56.58% 58.67% 56.28%
Number of daily rates quoted 752 987 1,534
10th Percentile £263 £225 £250
25th Percentile £398 £400 £375
Median daily rate (50th Percentile) £510 £512 £475
Median % change year-on-year -0.29% +7.68% +17.28%
75th Percentile £625 £600 £575
90th Percentile £750 £694 £675
England median daily rate £538 £550 £545
% change year-on-year -2.27% +0.92% +9.00%
Number of hourly rates quoted 111 43 54
10th Percentile £11.06 £12.10 £11.48
25th Percentile £13.90 £12.91 £12.84
Median hourly rate £19.59 £17.72 £16.75
Median % change year-on-year +10.55% +5.79% -1.47%
75th Percentile £39.34 £26.75 £19.47
90th Percentile £56.25 £55.75 £22.25
England median hourly rate £28.75 £35.00 £21.50
% change year-on-year -17.86% +62.79% -4.44%

Banking
Job Vacancy Trend in the West Midlands

Job postings citing Banking as a proportion of all IT jobs advertised in the West Midlands.

Job vacancy trend for Banking in the West Midlands

Banking
Contractor Daily Rate Trend in the West Midlands

3-month moving average daily rate quoted in jobs citing Banking in the West Midlands.

Daily rate trend for Banking in the West Midlands

Banking
Daily Rate Histogram in the West Midlands

Daily rate distribution for jobs citing Banking in the West Midlands over the 6 months to 24 April 2024.

Daily rate histogram for Banking in the West Midlands

Banking
Contractor Hourly Rate Trend in the West Midlands

3-month moving average hourly rates quoted in jobs citing Banking in the West Midlands.

Hourly rate trend for Banking in the West Midlands

Banking
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the West Midlands region over the 6 months to 24 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
Birmingham -12 15 £525 -17.65% 12
Warwickshire -1 2 £750 +39.53%
Banking
England

Banking
Co-occurring Skills and Capabilities in the West Midlands 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:

Cloud Services
1 2 (11.76%) AWS
2 1 (5.88%) Amazon Cognito
2 1 (5.88%) Amazon S3
2 1 (5.88%) Amazon SageMaker
2 1 (5.88%) AWS Lambda
2 1 (5.88%) Azure
2 1 (5.88%) Azure Sentinel
2 1 (5.88%) GCP
2 1 (5.88%) GitHub
2 1 (5.88%) Serverless
Communications & Networking
1 1 (5.88%) Cisco Nexus
1 1 (5.88%) DMZ
1 1 (5.88%) Firewall
1 1 (5.88%) Internet
1 1 (5.88%) VPN
Database & Business Intelligence
1 1 (5.88%) Amazon Athena
1 1 (5.88%) Big Data
1 1 (5.88%) Data Lake
1 1 (5.88%) Data Warehouse
1 1 (5.88%) NoSQL
1 1 (5.88%) RDBMS
1 1 (5.88%) Relational Database
1 1 (5.88%) SQL Server
Development Applications
1 1 (5.88%) Bitbucket
General
1 13 (76.47%) Finance
2 7 (41.18%) Analytical Skills
3 2 (11.76%) Inclusion and Diversity
3 2 (11.76%) Social Skills
4 1 (5.88%) Investment Banking
4 1 (5.88%) Organisational Skills
Job Titles
1 6 (35.29%) AML Project Manager
1 6 (35.29%) Project Manager
2 2 (11.76%) Architect
2 2 (11.76%) Commercial Architect
2 2 (11.76%) Compliance Manager
2 2 (11.76%) Data Engineer
2 2 (11.76%) Developer
2 2 (11.76%) Payments Architect
2 2 (11.76%) Payments Solutions Architect
2 2 (11.76%) Solutions Architect
3 1 (5.88%) Blue Coat Engineer
3 1 (5.88%) Cisco Engineer
3 1 (5.88%) Cisco Network Engineer
3 1 (5.88%) Cloud Engineer
3 1 (5.88%) Java Developer
3 1 (5.88%) Juniper Engineer
3 1 (5.88%) Network Engineer
3 1 (5.88%) QA Engineer
3 1 (5.88%) SailPoint Developer
3 1 (5.88%) Security Engineer
Libraries, Frameworks & Software Standards
1 1 (5.88%) JDBC
1 1 (5.88%) Kafka
1 1 (5.88%) Node.js
1 1 (5.88%) ODBC
1 1 (5.88%) SailPoint
1 1 (5.88%) Spring Boot
Miscellaneous
1 6 (35.29%) Analytical Mindset
1 6 (35.29%) Onboarding
2 1 (5.88%) Algorithms
2 1 (5.88%) Cyber Kill Chain
2 1 (5.88%) Data Structures
2 1 (5.88%) Public Cloud
Operating Systems
1 1 (5.88%) Linux
1 1 (5.88%) Windows
1 1 (5.88%) zOS
Processes & Methodologies
1 7 (41.18%) Problem-Solving
2 6 (35.29%) Anti-Money Laundering
2 6 (35.29%) KYC
2 6 (35.29%) Project Management
3 2 (11.76%) Architectural Design
3 2 (11.76%) Business Strategy
3 2 (11.76%) Data Modelling
3 2 (11.76%) Enterprise Architecture
3 2 (11.76%) Internal Audit
3 2 (11.76%) Stakeholder Management
4 1 (5.88%) Architectural Patterns
4 1 (5.88%) Containerisation
4 1 (5.88%) Design Patterns
4 1 (5.88%) Dynamic Application Security Testing
4 1 (5.88%) ETL
4 1 (5.88%) Incident Response
4 1 (5.88%) Key Management
4 1 (5.88%) Static Application Security Testing
4 1 (5.88%) Test Scripting
4 1 (5.88%) Zero Trust
Programming Languages
1 2 (11.76%) Java
1 2 (11.76%) Python
2 1 (5.88%) C
2 1 (5.88%) C++
2 1 (5.88%) SQL
Qualifications
1 1 (5.88%) AWS Certification
1 1 (5.88%) AWS Certified Developer
1 1 (5.88%) AWS Certified DevOps Engineer
1 1 (5.88%) AWS Certified Solutions Architect
Quality Assurance & Compliance
1 1 (5.88%) ISO/IEC 27001
1 1 (5.88%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
1 1 (5.88%) NIST
1 1 (5.88%) QA
Vendors
1 1 (5.88%) Blue Coat
1 1 (5.88%) CheckPoint
1 1 (5.88%) Cisco
1 1 (5.88%) F5
1 1 (5.88%) Fortinet
1 1 (5.88%) Juniper
1 1 (5.88%) Qualys
1 1 (5.88%) Sage
1 1 (5.88%) Splunk