Banking Contracts in Central London

Banking
London > Central London

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 27 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 13 10 13
Rank change year-on-year -3 +3 -4
Contract jobs citing Banking 252 499 516
As % of all contract jobs advertised in Central London 10.29% 12.94% 11.36%
As % of the General category 15.62% 20.84% 20.01%
Number of daily rates quoted 190 391 361
10th Percentile £350 £461 £425
25th Percentile £510 £538 £525
Median daily rate (50th Percentile) £595 £675 £650
Median % change year-on-year -11.85% +3.85% +13.04%
75th Percentile £725 £775 £750
90th Percentile £866 £888 £845
London median daily rate £650 £675 £650
% change year-on-year -3.70% +3.85% +10.64%
Number of hourly rates quoted 2 2 4
10th Percentile £31.43 - -
25th Percentile £38.06 - -
Median hourly rate £49.75 £21.00 £21.00
Median % change year-on-year +136.90% - -8.70%
75th Percentile £62.06 - £35.13
90th Percentile £69.08 - £60.55
London median hourly rate £19.50 £21.00 £28.00
% change year-on-year -7.14% -25.00% +16.67%

All General Skills
Central London

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 Central London with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,613 2,395 2,579
As % of all contract IT jobs advertised in Central London 65.86% 62.13% 56.78%
Number of daily rates quoted 1,151 1,692 1,900
10th Percentile £338 £325 £350
25th Percentile £450 £475 £468
Median daily rate (50th Percentile) £560 £600 £570
Median % change year-on-year -6.67% +5.26% +6.05%
75th Percentile £688 £738 £675
90th Percentile £800 £825 £775
London median daily rate £575 £600 £575
% change year-on-year -4.17% +4.35% +9.52%
Number of hourly rates quoted 17 14 26
10th Percentile £20.10 £15.83 £18.50
25th Percentile £22.50 £20.42 £21.00
Median hourly rate £25.00 £35.00 £44.50
Median % change year-on-year -28.57% -21.35% +122.50%
75th Percentile £43.75 £53.50 £57.00
90th Percentile £65.00 £58.75 £64.13
London median hourly rate £28.50 £32.50 £36.00
% change year-on-year -12.31% -9.72% +30.91%

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 27 April 2024.

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 27 April 2024.

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 27 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
City of London -2 248 £588 -12.96% 55
West End of London +1 1 £675 +68.75%
Camden - 1 £850 -
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 27 (10.71%) Microsoft Exchange
2 21 (8.33%) SharePoint
3 5 (1.98%) SAS
4 4 (1.59%) Apache
5 3 (1.19%) Adobe Experience Manager
5 3 (1.19%) Apache Spark
5 3 (1.19%) Tomcat
6 2 (0.79%) CMS
6 2 (0.79%) Confluence
6 2 (0.79%) JBoss
6 2 (0.79%) nginx
7 1 (0.40%) Appian
7 1 (0.40%) BizTalk Server
7 1 (0.40%) Headless CMS
7 1 (0.40%) IIS
7 1 (0.40%) Tornado
7 1 (0.40%) WebSphere
Applications
1 12 (4.76%) Microsoft Excel
2 8 (3.17%) Microsoft PowerPoint
2 8 (3.17%) Microsoft Project
3 6 (2.38%) Microsoft Office
3 6 (2.38%) MS Visio
4 1 (0.40%) Chatbot
Business Applications
1 3 (1.19%) Dynamics CRM
2 2 (0.79%) Fidessa
2 2 (0.79%) Temenos T24
3 1 (0.40%) Adobe Campaign
3 1 (0.40%) Advent Geneva
3 1 (0.40%) Front Arena
3 1 (0.40%) IntelliMatch
3 1 (0.40%) SAP ERP
3 1 (0.40%) SAP S/4HANA
3 1 (0.40%) Summit
Cloud Services
1 39 (15.48%) Azure
2 22 (8.73%) AWS
3 14 (5.56%) Microsoft 365
4 12 (4.76%) Power Platform
5 11 (4.37%) Microsoft Purview
6 9 (3.57%) GCP
7 6 (2.38%) OneDrive
8 5 (1.98%) Power Automate
9 4 (1.59%) Collibra
9 4 (1.59%) Dynamics 365
10 3 (1.19%) Cloud Computing
10 3 (1.19%) PaaS
10 3 (1.19%) PowerApps
10 3 (1.19%) SaaS
11 2 (0.79%) Amazon S3
11 2 (0.79%) Amazon SQS
11 2 (0.79%) Entra ID
11 2 (0.79%) IaaS
11 2 (0.79%) Kong
11 2 (0.79%) NuGet
Communications & Networking
1 26 (10.32%) Firewall
2 13 (5.16%) SAN
3 6 (2.38%) TCP/IP
4 4 (1.59%) FTP
4 4 (1.59%) HTTP
4 4 (1.59%) ICMP
4 4 (1.59%) POP3
4 4 (1.59%) SMTP
4 4 (1.59%) SSH
5 3 (1.19%) SD-WAN
5 3 (1.19%) WAN
6 2 (0.79%) DNS
6 2 (0.79%) Network Security
6 2 (0.79%) SSL
7 1 (0.40%) Intranet
7 1 (0.40%) LAN
7 1 (0.40%) MPLS
7 1 (0.40%) Multicast
7 1 (0.40%) VoIP
7 1 (0.40%) Wi-Fi
Database & Business Intelligence
1 16 (6.35%) SQL Server
2 10 (3.97%) Relational Database
3 7 (2.78%) Data Warehouse
4 6 (2.38%) KDB
4 6 (2.38%) Metadata
5 5 (1.98%) NoSQL
5 5 (1.98%) Power BI
6 4 (1.59%) Elasticsearch
7 3 (1.19%) MongoDB
7 3 (1.19%) Tableau
8 2 (0.79%) Big Data
8 2 (0.79%) Data Mart
8 2 (0.79%) MySQL
8 2 (0.79%) Oracle Database
8 2 (0.79%) RDBMS
8 2 (0.79%) Sybase ASE
9 1 (0.40%) Impala
9 1 (0.40%) Oracle Reports
9 1 (0.40%) PostgreSQL
9 1 (0.40%) SQL Server Integration Services
Development Applications
1 12 (4.76%) Jenkins
2 11 (4.37%) TeamCity
3 10 (3.97%) Selenium
4 9 (3.57%) Git
5 8 (3.17%) JIRA
6 6 (2.38%) Bitbucket
6 6 (2.38%) GitLab
7 5 (1.98%) Cucumber
8 4 (1.59%) WebDriver
9 3 (1.19%) Visual Studio
10 2 (0.79%) Appium
10 2 (0.79%) PHPUnit
11 1 (0.40%) Babel
11 1 (0.40%) Postman
11 1 (0.40%) REST Assured
11 1 (0.40%) SOAtest
11 1 (0.40%) Sonatype Nexus
11 1 (0.40%) TestNG
11 1 (0.40%) webpack
11 1 (0.40%) Zephyr
General
1 137 (54.37%) Finance
2 73 (28.97%) Investment Banking
3 62 (24.60%) Social Skills
4 25 (9.92%) Front Office
5 24 (9.52%) Analytical Skills
6 14 (5.56%) Legal
7 13 (5.16%) Financial Institution
8 11 (4.37%) International Banking
9 9 (3.57%) Presentation Skills
9 9 (3.57%) Retail
10 8 (3.17%) Retail Banking
11 7 (2.78%) Corporate Banking
11 7 (2.78%) Prime Brokerage
12 6 (2.38%) Organisational Skills
13 5 (1.98%) Back Office
13 5 (1.98%) Documentation Skills
14 4 (1.59%) Advertising
15 2 (0.79%) Public Speaking
16 1 (0.40%) Inclusion and Diversity
16 1 (0.40%) Influencing Skills
Job Titles
1 54 (21.43%) Developer
2 50 (19.84%) Analyst
3 30 (11.90%) Architect
4 25 (9.92%) Senior
5 23 (9.13%) Business Analyst
6 17 (6.75%) Project Manager
7 15 (5.95%) Consultant
7 15 (5.95%) Data Analyst
7 15 (5.95%) Lead
7 15 (5.95%) Support Engineer
8 12 (4.76%) Java Developer
9 11 (4.37%) DevOps Engineer
9 11 (4.37%) Solutions Architect
10 10 (3.97%) Python Developer
11 9 (3.57%) C# Developer
12 8 (3.17%) Banking Analyst
12 8 (3.17%) Desktop Support
13 7 (2.78%) Financial Analyst
13 7 (2.78%) Service Analyst
13 7 (2.78%) Tester
Libraries, Frameworks & Software Standards
1 18 (7.14%) .NET
2 10 (3.97%) Spring
3 8 (3.17%) CSS
3 8 (3.17%) Spring Boot
4 7 (2.78%) FIX Protocol
4 7 (2.78%) React
5 6 (2.38%) HTML
5 6 (2.38%) Node.js
5 6 (2.38%) RabbitMQ
6 5 (1.98%) .NET Core
6 5 (1.98%) RESTful
6 5 (1.98%) WCF
6 5 (1.98%) WinForms
7 4 (1.59%) .NET Framework
7 4 (1.59%) AngularJS
7 4 (1.59%) Elastic Stack
7 4 (1.59%) Kafka
7 4 (1.59%) Middleware
8 3 (1.19%) HTML5 Canvas
8 3 (1.19%) jQuery
Miscellaneous
1 13 (5.16%) Video Conferencing
2 12 (4.76%) Foreign Exchange (FX)
3 10 (3.97%) Derivative
3 10 (3.97%) Equities
4 8 (3.17%) PKI
5 7 (2.78%) Market Risk
6 6 (2.38%) Management Information System
7 5 (1.98%) Distributed Systems
7 5 (1.98%) Product Ownership
8 4 (1.59%) Algorithms
8 4 (1.59%) Fixed Income
8 4 (1.59%) Mobile App
8 4 (1.59%) Security Posture
8 4 (1.59%) SWIFT Messaging Network
9 3 (1.19%) Data Centre
9 3 (1.19%) Reinsurance
10 2 (0.79%) Cyber Threat
10 2 (0.79%) Greenfield Project
10 2 (0.79%) Legacy Systems
10 2 (0.79%) Public Cloud
Operating Systems
1 35 (13.89%) Windows
2 14 (5.56%) Linux
3 13 (5.16%) Windows Server 2012
3 13 (5.16%) Windows Server 2016
4 11 (4.37%) Unix
5 4 (1.59%) Red Hat Enterprise Linux
6 2 (0.79%) Windows Server
7 1 (0.40%) Android
7 1 (0.40%) Apple iOS
Processes & Methodologies
1 47 (18.65%) Agile
2 29 (11.51%) Problem-Solving
3 26 (10.32%) Data Loss Prevention
3 26 (10.32%) Migration
4 24 (9.52%) DevOps
4 24 (9.52%) Stakeholder Management
5 23 (9.13%) Project Management
6 21 (8.33%) Cybersecurity
7 20 (7.94%) Microservices
8 19 (7.54%) CI/CD
9 18 (7.14%) Analytics
9 18 (7.14%) Risk Management
10 15 (5.95%) Computer Science
10 15 (5.95%) Disaster Recovery
10 15 (5.95%) GAP Analysis
10 15 (5.95%) Software Engineering
10 15 (5.95%) Test Automation
11 14 (5.56%) ITIL
12 13 (5.16%) Data Management
12 13 (5.16%) PRINCE2
Programming Languages
1 41 (16.27%) Java
2 34 (13.49%) SQL
3 33 (13.10%) C#
3 33 (13.10%) Python
4 18 (7.14%) PowerShell
5 13 (5.16%) JavaScript
6 11 (4.37%) C++
7 5 (1.98%) TypeScript
8 3 (1.19%) PL/SQL
9 2 (0.79%) Data Analysis Expressions
9 2 (0.79%) Go
9 2 (0.79%) PHP
9 2 (0.79%) Shell Script
9 2 (0.79%) T-SQL
10 1 (0.40%) Clojure
10 1 (0.40%) Haskell
10 1 (0.40%) Perl
10 1 (0.40%) R
10 1 (0.40%) Scala
10 1 (0.40%) VBScript
Qualifications
1 24 (9.52%) Degree
2 11 (4.37%) Computer Science Degree
3 10 (3.97%) ITIL Certification
4 3 (1.19%) SC Cleared
4 3 (1.19%) Security Cleared
5 2 (0.79%) CISA
5 2 (0.79%) CISM
5 2 (0.79%) CISSP
5 2 (0.79%) CRISC
5 2 (0.79%) FFIEC
6 1 (0.40%) Azure Certification
6 1 (0.40%) CAPM
6 1 (0.40%) ITIL Foundation Certificate
6 1 (0.40%) MCP
6 1 (0.40%) Microsoft Certification
6 1 (0.40%) PMI Certification
6 1 (0.40%) PMP
6 1 (0.40%) Tableau Certification
Quality Assurance & Compliance
1 10 (3.97%) Data Quality
2 9 (3.57%) QA
3 7 (2.78%) SLA
4 5 (1.98%) ISO/IEC 27001
4 5 (1.98%) PMO
5 3 (1.19%) NIST
6 2 (0.79%) Accessibility
6 2 (0.79%) ISO 20022
6 2 (0.79%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
6 2 (0.79%) MiFID
6 2 (0.79%) PCI DSS
6 2 (0.79%) Sarbanes-Oxley
7 1 (0.40%) COBIT
7 1 (0.40%) EMIR
7 1 (0.40%) GRC
7 1 (0.40%) SEPA
System Software
1 26 (10.32%) Active Directory
2 4 (1.59%) Docker
3 1 (0.40%) HDFS
Systems Management
1 14 (5.56%) SCCM
2 8 (3.17%) PingFederate
3 6 (2.38%) Kubernetes
3 6 (2.38%) Microsoft Intune
3 6 (2.38%) Terraform
4 4 (1.59%) Ansible
4 4 (1.59%) Kibana
4 4 (1.59%) logstash
4 4 (1.59%) QRadar
5 2 (0.79%) Puppet
5 2 (0.79%) Single Sign-On
6 1 (0.40%) CASB
Vendors
1 48 (19.05%) Microsoft
2 17 (6.75%) Cisco
3 16 (6.35%) Citrix
4 14 (5.56%) CheckPoint
5 13 (5.16%) Avaya
5 13 (5.16%) EMC
5 13 (5.16%) HP
6 9 (3.57%) Bloomberg
7 8 (3.17%) Oracle
8 6 (2.38%) Google
8 6 (2.38%) ServiceNow
9 5 (1.98%) IBM
9 5 (1.98%) Red Hat
10 4 (1.59%) ArcSight
10 4 (1.59%) Reuters
10 4 (1.59%) SAP
10 4 (1.59%) Splunk
11 3 (1.19%) Alteryx
11 3 (1.19%) Proofpoint
11 3 (1.19%) Sybase