Banking Analyst Contracts in Central London

Banking Analyst
London > Central London

The median Banking Analyst daily rate in Central London is £423, according to job vacancies posted in the 6 months leading up to 1 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 124 125 160
Rank change year-on-year +1 +35 +14
Contract jobs requiring a Banking Analyst 5 8 12
As % of all contract jobs advertised in Central London 0.25% 0.33% 0.31%
As % of the Job Titles category 0.27% 0.34% 0.33%
Number of daily rates quoted 2 4 12
10th Percentile £260 £299 -
25th Percentile £312 £354 £240
Median daily rate (50th Percentile) £423 £518 £409
Median % change year-on-year -18.36% +26.61% -31.88%
75th Percentile £532 £666 £699
90th Percentile £583 £694 £723
London median daily rate £488 £625 £600
% change year-on-year -22.00% +4.17% -

All Contract IT Job Vacancies
Central London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in Central London. 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 Central London with a recognized job title 1,852 2,329 3,676
% of contract IT jobs with a recognized job title 92.74% 95.22% 95.36%
Number of daily rates quoted 1,192 1,658 2,523
10th Percentile £350 £350 £325
25th Percentile £454 £450 £463
Median daily rate (50th Percentile) £575 £550 £585
Median % change year-on-year +4.55% -5.98% +4.46%
75th Percentile £675 £682 £725
90th Percentile £775 £794 £813
London median daily rate £550 £550 £575
% change year-on-year - -4.35% -
Number of hourly rates quoted 21 32 26
10th Percentile £22.00 £19.95 £15.50
25th Percentile £22.75 £21.81 £18.93
Median hourly rate £29.07 £25.78 £35.00
Median % change year-on-year +12.76% -26.34% -6.04%
75th Percentile £35.00 £27.81 £58.75
90th Percentile £63.75 £43.38 £86.65
London median hourly rate £34.00 £27.81 £35.00
% change year-on-year +22.26% -20.54% -

Banking Analyst
Job Vacancy Trend in Central London

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

Job vacancy trend for Banking Analyst in Central London

Banking Analyst
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Banking Analyst in Central London.

Daily rate trend for Banking Analyst in Central London

Banking Analyst
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Banking Analyst in Central London over the 6 months to 1 May 2025.

Daily rate histogram for Banking Analyst in Central London

Banking Analyst
Contractor Hourly Rate Trend in Central London

3-month moving average hourly rates quoted in jobs citing Banking Analyst in Central London.

Hourly rate trend for Banking Analyst in Central London

Banking Analyst
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Analyst within the Central London region over the 6 months to 1 May 2025. 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
City of London +5 5 £423 -18.36% 2
Banking Analyst
London

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in Central London

For the 6 months to 1 May 2025, Banking 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 across the Central London region featuring Banking Analyst in the job title.

1 5 (100.00%) Finance
1 5 (100.00%) Banking
2 2 (40.00%) XML
2 2 (40.00%) Migration
2 2 (40.00%) Risk Management
2 2 (40.00%) Investment Banking
2 2 (40.00%) Social Skills
2 2 (40.00%) Cybersecurity
2 2 (40.00%) Business Analysis
2 2 (40.00%) Corporate Banking
3 1 (20.00%) Software Testing
3 1 (20.00%) Retail Banking
3 1 (20.00%) Technical Analysis
3 1 (20.00%) User Experience
3 1 (20.00%) AWS Certification
3 1 (20.00%) System Integration Testing
3 1 (20.00%) Anti-Money Laundering
3 1 (20.00%) Identity Access Management
3 1 (20.00%) Data Flow Diagram
3 1 (20.00%) Regulatory Compliance
3 1 (20.00%) Databricks
3 1 (20.00%) IT Strategy
3 1 (20.00%) Problem-Solving
3 1 (20.00%) Power Platform
3 1 (20.00%) PowerApps
3 1 (20.00%) Metadata
3 1 (20.00%) AWS Certified Solutions Architect
3 1 (20.00%) Azure Certification
3 1 (20.00%) General Ledger
3 1 (20.00%) Workflow

Banking Analyst Skill Set
Co-occurring Skills and Capabilities in Central London 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 1 (20.00%) Confluence
1 1 (20.00%) Oracle Workflow
Business Applications
1 1 (20.00%) PeopleSoft Financials
Cloud Services
1 1 (20.00%) AWS
1 1 (20.00%) Azure
1 1 (20.00%) Cloud Computing
1 1 (20.00%) Power Platform
1 1 (20.00%) PowerApps
Database & Business Intelligence
1 1 (20.00%) Metadata
1 1 (20.00%) SQL Server
1 1 (20.00%) Tableau
Development Applications
1 1 (20.00%) JIRA
General
1 5 (100.00%) Banking
1 5 (100.00%) Finance
2 2 (40.00%) Corporate Banking
2 2 (40.00%) Investment Banking
2 2 (40.00%) Social Skills
3 1 (20.00%) Back Office
3 1 (20.00%) General Ledger
3 1 (20.00%) Retail
3 1 (20.00%) Retail Banking
Libraries, Frameworks & Software Standards
1 2 (40.00%) XML
2 1 (20.00%) FpML
Miscellaneous
1 1 (20.00%) Fixed Income
1 1 (20.00%) Management Information System
Processes & Methodologies
1 2 (40.00%) Business Analysis
1 2 (40.00%) Cybersecurity
1 2 (40.00%) Migration
1 2 (40.00%) Risk Management
2 1 (20.00%) Agile
2 1 (20.00%) Anti-Money Laundering
2 1 (20.00%) Data Analysis
2 1 (20.00%) Data Analytics
2 1 (20.00%) Data Flow Diagram
2 1 (20.00%) Data Governance
2 1 (20.00%) Data Management
2 1 (20.00%) ETL
2 1 (20.00%) Identity Access Management
2 1 (20.00%) Regulatory Compliance
2 1 (20.00%) Software Testing
2 1 (20.00%) Stakeholder Management
2 1 (20.00%) System Integration Testing
2 1 (20.00%) Technical Analysis
2 1 (20.00%) User Experience
2 1 (20.00%) Workflow
Programming Languages
1 1 (20.00%) Python
Qualifications
1 1 (20.00%) AWS Certification
1 1 (20.00%) AWS Certified Solutions Architect
1 1 (20.00%) Azure Certification
1 1 (20.00%) Degree
Quality Assurance & Compliance
1 1 (20.00%) ISO 9001
Vendors
1 1 (20.00%) Databricks
1 1 (20.00%) GoldenSource
1 1 (20.00%) Oracle
1 1 (20.00%) PeopleSoft