Banking Contracts in Central London

Banking
London > Central London

The table below looks at the prevalence of the term Banking in contract job vacancies in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 1 July 2025, comparing them to the same period in the previous two years.

6 months to
1 Jul 2025
Same period 2024 Same period 2023
Rank 10 12 11
Rank change year-on-year +2 -1 +1
Contract jobs citing Banking 288 270 436
As % of all contract jobs advertised in Central London 14.72% 11.51% 11.76%
As % of the General category 20.07% 17.37% 18.69%
Number of daily rates quoted 172 200 351
10th Percentile £400 £350 £475
25th Percentile £472 £488 £538
Median daily rate (50th Percentile) £600 £595 £650
Median % change year-on-year +0.84% -8.46% -
75th Percentile £725 £715 £775
90th Percentile £838 £826 £900
London median daily rate £650 £650 £658
% change year-on-year - -1.22% +1.23%
Number of hourly rates quoted 2 2 0
10th Percentile £87.63 - -
25th Percentile £89.69 - -
Median hourly rate £93.75 £27.00 -
Median % change year-on-year +247.22% - -
75th Percentile £97.19 - -
90th Percentile £98.88 - -
London median hourly rate £25.15 £19.50 £8.00
% change year-on-year +28.97% +143.75% -73.33%

All General Skills
Central London

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in Central London.

Contract vacancies with a requirement for common skills 1,435 1,554 2,333
As % of all contract IT jobs advertised in Central London 73.33% 66.24% 62.95%
Number of daily rates quoted 924 1,073 1,624
10th Percentile £331 £338 £313
25th Percentile £431 £450 £475
Median daily rate (50th Percentile) £553 £575 £600
Median % change year-on-year -3.91% -4.17% +5.26%
75th Percentile £675 £688 £738
90th Percentile £775 £813 £829
London median daily rate £550 £575 £600
% change year-on-year -4.35% -4.17% +2.56%
Number of hourly rates quoted 29 14 15
10th Percentile £21.02 £20.01 £14.25
25th Percentile £25.75 £20.92 £14.88
Median hourly rate £34.00 £26.78 £20.71
Median % change year-on-year +26.96% +29.34% -51.70%
75th Percentile £50.75 £41.06 £38.66
90th Percentile £70.21 £70.20 £53.35
London median hourly rate £34.00 £30.16 £32.50
% change year-on-year +12.73% -7.20% -9.72%

Banking
Job Vacancy Trend in Central London

Job postings citing Banking as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Banking in Central London

Banking
Contractor Daily Rate Trend in Central London

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

Daily rate trend for Banking in Central London

Banking
Daily Rate Histogram in Central London

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

Daily rate histogram for Banking in Central London

Banking
Contractor Hourly Rate Trend in Central London

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

Hourly rate trend for Banking in Central London

Banking
Hourly Rate Histogram in Central London

Hourly rate distribution of jobs citing Banking in Central London over the 6 months to 1 July 2025.

Hourly rate histogram for Banking in Central London

Banking
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 within the Central London region over the 6 months to 1 July 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 -1 273 £625 +6.38% 422
Southwark - 3 - -
West End of London +3 2 £600 -11.11% 8
Banking
London

Banking
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 16 (5.56%) Confluence
2 9 (3.13%) Apache Spark
3 7 (2.43%) SharePoint
4 3 (1.04%) Oracle Workflow
4 3 (1.04%) SAS
4 3 (1.04%) WebLogic
5 2 (0.69%) Apache
5 2 (0.69%) CMS
5 2 (0.69%) Microsoft Exchange
6 1 (0.35%) Apache Airflow
6 1 (0.35%) Camunda
6 1 (0.35%) IIS
6 1 (0.35%) Skype for Business
6 1 (0.35%) WebSphere
Applications
1 29 (10.07%) Microsoft Excel
2 10 (3.47%) Microsoft Office
3 7 (2.43%) Microsoft PowerPoint
4 6 (2.08%) MS Visio
5 5 (1.74%) Microsoft Project
6 1 (0.35%) Spreadsheet
Business Applications
1 7 (2.43%) Oracle Assets
2 6 (2.08%) Oracle General Ledger
2 6 (2.08%) Oracle Payables
3 5 (1.74%) Oracle Receivables
4 4 (1.39%) Dynamics CRM
4 4 (1.39%) ION Anvil
4 4 (1.39%) Oracle Cash Management
4 4 (1.39%) Oracle EBS
5 3 (1.04%) Oracle EBS R12
5 3 (1.04%) Oracle Financials
5 3 (1.04%) Oracle Procure-to-Pay
5 3 (1.04%) Payment Gateway
6 2 (0.69%) Oracle Internet Expenses
6 2 (0.69%) Oracle iProcurement
6 2 (0.69%) SAP S/4HANA
7 1 (0.35%) Fidessa
7 1 (0.35%) Oracle Applications
7 1 (0.35%) SAP CO
7 1 (0.35%) SAP FI
7 1 (0.35%) Summit
Cloud Services
1 43 (14.93%) Azure
2 36 (12.50%) AWS
3 21 (7.29%) Power Platform
4 17 (5.90%) GCP
5 14 (4.86%) SaaS
6 12 (4.17%) Microsoft 365
7 9 (3.13%) Azure DevOps
7 9 (3.13%) Microsoft Purview
8 8 (2.78%) GitHub
9 7 (2.43%) Amazon EKS
9 7 (2.43%) Collibra
10 5 (1.74%) Amazon S3
11 3 (1.04%) Amazon EC2
11 3 (1.04%) Azure Monitor
11 3 (1.04%) Azure Sentinel
11 3 (1.04%) CloudFront
11 3 (1.04%) Dynamics 365
11 3 (1.04%) Nutanix
11 3 (1.04%) PowerApps
11 3 (1.04%) Snowflake
Communications & Networking
1 9 (3.13%) Firewall
2 5 (1.74%) BGP
2 5 (1.74%) DNS
2 5 (1.74%) OSPF
2 5 (1.74%) TCP/IP
3 3 (1.04%) HTTP
3 3 (1.04%) Multicast
3 3 (1.04%) SSL
3 3 (1.04%) Unicast
3 3 (1.04%) VPN
3 3 (1.04%) WAN
4 2 (0.69%) FTP
4 2 (0.69%) Internet
4 2 (0.69%) MPLS
4 2 (0.69%) SAN
4 2 (0.69%) SD-WAN
4 2 (0.69%) SMTP
5 1 (0.35%) DHCP
5 1 (0.35%) Kerberos
5 1 (0.35%) LAN
Database & Business Intelligence
1 18 (6.25%) SQL Server
2 15 (5.21%) Power BI
3 10 (3.47%) Big Data
3 10 (3.47%) NoSQL
4 8 (2.78%) Data Mining
4 8 (2.78%) Hadoop
5 7 (2.43%) Data Lake
5 7 (2.43%) Data Warehouse
5 7 (2.43%) Metadata
5 7 (2.43%) Oracle Database
5 7 (2.43%) PostgreSQL
6 6 (2.08%) Apache Hive
6 6 (2.08%) Redis
6 6 (2.08%) Tableau
7 5 (1.74%) Delta Lake
7 5 (1.74%) MongoDB
7 5 (1.74%) Oracle Reports
8 4 (1.39%) Elasticsearch
8 4 (1.39%) SQL Server Reporting Services
9 3 (1.04%) Relational Database
Development Applications
1 32 (11.11%) JIRA
2 13 (4.51%) Jenkins
3 9 (3.13%) Git
4 5 (1.74%) Bitbucket
4 5 (1.74%) Subversion
5 4 (1.39%) GitLab
5 4 (1.39%) JUnit
5 4 (1.39%) Postman
5 4 (1.39%) TeamCity
5 4 (1.39%) Xcode
6 3 (1.04%) Artifactory
6 3 (1.04%) Atlassian Bamboo
6 3 (1.04%) Maven
6 3 (1.04%) Mockito
6 3 (1.04%) REST Assured
6 3 (1.04%) SoapUI
6 3 (1.04%) SonarQube
6 3 (1.04%) XCTest
7 2 (0.69%) webpack
7 2 (0.69%) Zephyr
General
1 191 (66.32%) Finance
2 91 (31.60%) Social Skills
3 82 (28.47%) Investment Banking
4 47 (16.32%) Analytical Skills
5 31 (10.76%) Front Office
6 30 (10.42%) Financial Institution
7 23 (7.99%) Retail Banking
8 18 (6.25%) Corporate Banking
9 16 (5.56%) Retail
10 8 (2.78%) Back Office
10 8 (2.78%) International Banking
11 6 (2.08%) General Ledger
11 6 (2.08%) Organisational Skills
11 6 (2.08%) Presentation Skills
12 5 (1.74%) Documentation Skills
13 4 (1.39%) Inclusion and Diversity
13 4 (1.39%) Legal
14 3 (1.04%) Public Sector
15 2 (0.69%) Pharmaceutical
16 1 (0.35%) Telecoms
Job Titles
1 52 (18.06%) Analyst
2 46 (15.97%) Developer
3 31 (10.76%) Senior
4 28 (9.72%) Architect
5 24 (8.33%) Business Analyst
6 20 (6.94%) Consultant
7 19 (6.60%) Data Analyst
8 14 (4.86%) Project Manager
9 13 (4.51%) Solutions Architect
10 11 (3.82%) Java Developer
11 9 (3.13%) Data Engineer
11 9 (3.13%) Delivery Manager
11 9 (3.13%) Lead
11 9 (3.13%) Risk Consultant
11 9 (3.13%) Software Engineer
12 7 (2.43%) C# Developer
12 7 (2.43%) Payments Analyst
12 7 (2.43%) React Developer
12 7 (2.43%) Senior Consultant
13 6 (2.08%) Technical Manager
Libraries, Frameworks & Software Standards
1 23 (7.99%) .NET
2 13 (4.51%) PySpark
3 12 (4.17%) HTML
3 12 (4.17%) Spring
4 11 (3.82%) AngularJS
4 11 (3.82%) React
4 11 (3.82%) Spring Boot
5 10 (3.47%) REST
6 9 (3.13%) HTML5
6 9 (3.13%) XML
7 8 (2.78%) CSS
7 8 (2.78%) JSON
7 8 (2.78%) Kafka
8 6 (2.08%) RESTful
8 6 (2.08%) TensorFlow
8 6 (2.08%) Web Services
9 5 (1.74%) CSS3
9 5 (1.74%) Material-UI
9 5 (1.74%) SOAP
9 5 (1.74%) Swagger
Miscellaneous
1 18 (6.25%) Foreign Exchange (FX)
2 13 (4.51%) Fixed Income
3 12 (4.17%) Derivative
4 11 (3.82%) Onboarding
4 11 (3.82%) SWIFT Messaging Network
5 9 (3.13%) Cloud Native
5 9 (3.13%) Credit Risk
5 9 (3.13%) Distributed Systems
5 9 (3.13%) Legacy Systems
6 8 (2.78%) Market Risk
7 7 (2.43%) Equities
7 7 (2.43%) Product Ownership
7 7 (2.43%) Public Cloud
8 5 (1.74%) Algorithms
8 5 (1.74%) Management Information System
8 5 (1.74%) Self-Motivation
9 4 (1.39%) Analytical Mindset
9 4 (1.39%) Distributed Computing
9 4 (1.39%) Low-Code
10 3 (1.04%) Virtual Team
Operating Systems
1 27 (9.38%) Windows
2 12 (4.17%) Linux
3 7 (2.43%) Windows Server
4 6 (2.08%) Unix
5 5 (1.74%) Apple iOS
6 4 (1.39%) Android
7 3 (1.04%) Windows 10
7 3 (1.04%) Windows Server 2016
8 1 (0.35%) CentOS
8 1 (0.35%) Mac OS
8 1 (0.35%) Solaris
Processes & Methodologies
1 67 (23.26%) Agile
2 63 (21.88%) Problem-Solving
3 44 (15.28%) Stakeholder Management
4 34 (11.81%) Analytics
5 29 (10.07%) DevOps
6 27 (9.38%) Risk Management
7 26 (9.03%) Project Management
7 26 (9.03%) SDLC
8 23 (7.99%) Migration
9 22 (7.64%) CI/CD
9 22 (7.64%) Roadmaps
9 22 (7.64%) Software Engineering
10 21 (7.29%) Microservices
11 20 (6.94%) Data Modelling
12 18 (6.25%) Continuous Improvement
12 18 (6.25%) Scrum
13 17 (5.90%) ITIL
14 16 (5.56%) Business Intelligence
15 15 (5.21%) ETL
15 15 (5.21%) Service Delivery
Programming Languages
1 69 (23.96%) SQL
2 49 (17.01%) Python
3 31 (10.76%) Java
4 23 (7.99%) C#
5 22 (7.64%) JavaScript
6 11 (3.82%) PowerShell
7 8 (2.78%) TypeScript
8 6 (2.08%) PL/SQL
8 6 (2.08%) Scala
9 4 (1.39%) Groovy
10 3 (1.04%) Shell Script
11 2 (0.69%) Bash
11 2 (0.69%) Bicep
11 2 (0.69%) C++
11 2 (0.69%) COBOL
11 2 (0.69%) DAML
11 2 (0.69%) R
11 2 (0.69%) T-SQL
11 2 (0.69%) VBA
12 1 (0.35%) Go
Qualifications
1 27 (9.38%) Degree
2 8 (2.78%) Master's Degree
3 7 (2.43%) Computer Science Degree
3 7 (2.43%) PhD
4 6 (2.08%) Azure Certification
4 6 (2.08%) Cisco Certification
4 6 (2.08%) PMP
5 5 (1.74%) PMI Certification
5 5 (1.74%) Security Cleared
6 3 (1.04%) AWS Certification
6 3 (1.04%) CCNP
6 3 (1.04%) CISSP
6 3 (1.04%) SC Cleared
7 2 (0.69%) AWS Certified Solutions Architect
7 2 (0.69%) CCIE
7 2 (0.69%) JNCIS
7 2 (0.69%) Microsoft Certification
8 1 (0.35%) CBAP
8 1 (0.35%) CFA
8 1 (0.35%) ISTQB
Quality Assurance & Compliance
1 12 (4.17%) QA
2 10 (3.47%) Data Quality
3 8 (2.78%) Basel II
3 8 (2.78%) MiFID
3 8 (2.78%) SEPA
4 5 (1.74%) GDPR
5 4 (1.39%) EMIR
5 4 (1.39%) IFRS
5 4 (1.39%) ISO 20022
5 4 (1.39%) ISO/IEC 27001
5 4 (1.39%) PMO
6 2 (0.69%) Accessibility
6 2 (0.69%) COBIT
6 2 (0.69%) Dodd-Frank
6 2 (0.69%) GAAP
6 2 (0.69%) IFRS 9
6 2 (0.69%) NIST
6 2 (0.69%) PCI DSS
6 2 (0.69%) Sarbanes-Oxley
7 1 (0.35%) ITGC
System Software
1 10 (3.47%) Docker
2 7 (2.43%) Active Directory
3 3 (1.04%) Virtual Desktop
3 3 (1.04%) VMware Infrastructure
4 2 (0.69%) BitLocker
4 2 (0.69%) Hyper-V
4 2 (0.69%) Microsoft App-V
5 1 (0.35%) Firmware
5 1 (0.35%) Lustre
5 1 (0.35%) NFS
5 1 (0.35%) Tivoli Workload Scheduler
5 1 (0.35%) Veritas File System
5 1 (0.35%) Veritas Volume Manager
5 1 (0.35%) Virtual Servers
5 1 (0.35%) VMware ESXi
5 1 (0.35%) XenApp
5 1 (0.35%) XenDesktop
Systems Management
1 14 (4.86%) Kubernetes
2 7 (2.43%) Terraform
3 4 (1.39%) Ansible
3 4 (1.39%) SCCM
4 3 (1.04%) Grafana
4 3 (1.04%) ITRS Geneos
4 3 (1.04%) Kibana
4 3 (1.04%) logstash
4 3 (1.04%) Microsoft Intune
5 2 (0.69%) HP ALM
5 2 (0.69%) Prometheus
5 2 (0.69%) Tivoli
5 2 (0.69%) WSUS
6 1 (0.35%) Control-M
6 1 (0.35%) Istio
6 1 (0.35%) Nagios
6 1 (0.35%) Netcool
6 1 (0.35%) Observium
6 1 (0.35%) PingFederate
6 1 (0.35%) WMI
Vendors
1 30 (10.42%) Microsoft
2 29 (10.07%) Oracle
3 11 (3.82%) Citrix
4 8 (2.78%) Databricks
4 8 (2.78%) Google
4 8 (2.78%) Splunk
5 7 (2.43%) Cisco
6 5 (1.74%) Arista
6 5 (1.74%) IBM
6 5 (1.74%) Informatica
6 5 (1.74%) ION Trading
6 5 (1.74%) ServiceNow
6 5 (1.74%) Zscaler
7 4 (1.39%) Planview
7 4 (1.39%) SAP
7 4 (1.39%) VMware
8 3 (1.04%) CyberArk
8 3 (1.04%) HP
8 3 (1.04%) Red Hat
8 3 (1.04%) SolarWinds