Banking Contract Job Trends 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 31 December 2025, comparing them to the same period in the previous two years.

6 months to
31 Dec 2025
Same period 2024 Same period 2023
Rank 15 12 11
Rank change year-on-year -3 -1 -5
Contract jobs citing Banking 249 259 292
As % of all contract jobs in Central London 12.31% 11.25% 11.01%
As % of the General category 17.89% 16.82% 16.99%
Number of daily rates quoted 150 162 225
10th Percentile £375 £350 £397
25th Percentile £500 £476 £510
Median daily rate (50th Percentile) £605 £600 £625
Median % change year-on-year +0.83% -4.00% -3.85%
75th Percentile £688 £688 £750
90th Percentile £850 £838 £850
London median daily rate £600 £625 £625
% change year-on-year -4.00% - -7.41%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £71.25
Median hourly rate - - £72.50
75th Percentile - - £73.75
90th Percentile - - -
London median hourly rate £25.15 £22.27 £16.85
% change year-on-year +12.93% +32.17% -26.74%

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 general skills in Central London.

Contract vacancies with a requirement for general skills 1,392 1,540 1,719
As % of all contract IT jobs advertised in Central London 68.81% 66.87% 64.84%
Number of daily rates quoted 944 969 1,248
10th Percentile £340 £350 £347
25th Percentile £425 £463 £463
Median daily rate (50th Percentile) £550 £585 £575
Median % change year-on-year -5.98% +1.74% -
75th Percentile £688 £685 £688
90th Percentile £775 £788 £800
London median daily rate £535 £575 £575
% change year-on-year -6.96% - -4.17%
Number of hourly rates quoted 21 10 14
10th Percentile £19.79 £13.73 £17.00
25th Percentile £20.42 £22.00 £22.88
Median hourly rate £26.11 £33.75 £26.75
Median % change year-on-year -22.64% +26.17% -37.79%
75th Percentile £41.94 £40.44 £60.44
90th Percentile £53.75 £64.38 £71.13
London median hourly rate £26.30 £35.00 £32.50
% change year-on-year -24.86% +7.69% +4.84%

Banking
Job Vacancy Trend in Central London

Historical trend showing the proportion of contract IT job postings citing Banking relative to all contract IT jobs advertised in Central London.

Banking job vacancy trend in Central London

Banking
Daily Rate Trend in Central London

Contractor daily rate distribution trend for jobs in Central London citing Banking.

Contractor daily rate distribution trend for jobs in Central London citing Banking

Banking
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Banking in Central London over the 6 months to 31 December 2025.

Daily rate histogram for Banking in Central London

Banking
Hourly Rate Trend in Central London

Contractor hourly rate distribution trend for jobs in Central London citing Banking.

Contractor hourly rate distribution trend for jobs in Central London citing Banking

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 31 December 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 -4 239 £614 +2.38% 187
West End of London +7 1 £400 -25.51% 1
Camden +7 1 £400 -15.61% 1
Banking
London

Banking
Co-Occurring Skills & Capabilities in Central London by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 12 (4.82%) Confluence
2 6 (2.41%) SharePoint
3 4 (1.61%) CMS
4 2 (0.80%) Apache Spark
4 2 (0.80%) Microsoft Exchange
5 1 (0.40%) Adobe Experience Manager
5 1 (0.40%) Apache
5 1 (0.40%) Apache Airflow
5 1 (0.40%) Appian
5 1 (0.40%) Cloud Foundry
5 1 (0.40%) Drupal
5 1 (0.40%) WordPress
Applications
1 16 (6.43%) Microsoft Excel
2 13 (5.22%) Microsoft Office
3 8 (3.21%) MS Visio
4 7 (2.81%) Microsoft PowerPoint
5 3 (1.20%) Microsoft Project
6 1 (0.40%) Adobe XD
6 1 (0.40%) Chatbot
6 1 (0.40%) InVision
6 1 (0.40%) Sketch
6 1 (0.40%) Spreadsheet
6 1 (0.40%) Trello
Business Applications
1 4 (1.61%) Payment Gateway
2 3 (1.20%) Aladdin
3 2 (0.80%) Dynamics CRM
3 2 (0.80%) Fidessa
3 2 (0.80%) Oracle Procure-to-Pay
3 2 (0.80%) Sparx Enterprise Architect
3 2 (0.80%) Summit
4 1 (0.40%) Algo Collateral
4 1 (0.40%) BASE24
4 1 (0.40%) Eikon
4 1 (0.40%) ION MarketView
4 1 (0.40%) Loan IQ
4 1 (0.40%) Oracle Cash Management
4 1 (0.40%) Oracle FAH
4 1 (0.40%) Oracle Financials
4 1 (0.40%) Oracle Payables
4 1 (0.40%) Oracle Receivables
4 1 (0.40%) Oracle Subledger Accounting
4 1 (0.40%) thinkFolio
4 1 (0.40%) Workday HCM
Cloud Services
1 42 (16.87%) Azure
2 39 (15.66%) AWS
3 18 (7.23%) Power Platform
4 13 (5.22%) GCP
5 9 (3.61%) Amazon S3
6 8 (3.21%) Serverless
7 7 (2.81%) Azure DevOps
8 6 (2.41%) Amazon SageMaker
8 6 (2.41%) AWS Lambda
8 6 (2.41%) Figma
8 6 (2.41%) GitHub
9 5 (2.01%) Azure Cosmos DB
9 5 (2.01%) Microsoft 365
10 4 (1.61%) Entra ID
10 4 (1.61%) GitHub Actions
10 4 (1.61%) OCI
10 4 (1.61%) Snowflake
11 3 (1.20%) Amazon ECS
11 3 (1.20%) Amazon EKS
11 3 (1.20%) PowerApps
Communications & Networking
1 5 (2.01%) Network Security
2 4 (1.61%) Firewall
3 2 (0.80%) DHCP
3 2 (0.80%) DNS
3 2 (0.80%) SMS
4 1 (0.40%) BGP
4 1 (0.40%) Multicast
4 1 (0.40%) OSPF
4 1 (0.40%) Remote Desktop
4 1 (0.40%) SAN
4 1 (0.40%) Software-Defined Networking
4 1 (0.40%) Unicast
4 1 (0.40%) Unified Communications
Database & Business Intelligence
1 14 (5.62%) Power BI
2 13 (5.22%) Tableau
3 10 (4.02%) SQL Server
4 8 (3.21%) Redis
5 5 (2.01%) Oracle Database
6 4 (1.61%) Data Warehouse
7 3 (1.20%) MongoDB
7 3 (1.20%) PostgreSQL
8 2 (0.80%) Elasticsearch
8 2 (0.80%) Metadata
8 2 (0.80%) MySQL
8 2 (0.80%) Relational Database
8 2 (0.80%) SQL Server Integration Services
9 1 (0.40%) BigQuery
9 1 (0.40%) DB2
9 1 (0.40%) Hazelcast
9 1 (0.40%) Informix
9 1 (0.40%) NonStop SQL
9 1 (0.40%) OLTP
9 1 (0.40%) Oracle Reports
Development Applications
1 27 (10.84%) JIRA
2 21 (8.43%) Jenkins
3 15 (6.02%) Git
4 9 (3.61%) GitLab
5 6 (2.41%) REST Assured
6 5 (2.01%) Postman
6 5 (2.01%) SoapUI
7 4 (1.61%) Bitbucket
7 4 (1.61%) Cucumber
7 4 (1.61%) Cypress.io
7 4 (1.61%) Maven
7 4 (1.61%) Octopus Deploy
7 4 (1.61%) SonarQube
8 3 (1.20%) Atlassian Bamboo
8 3 (1.20%) Mockito
8 3 (1.20%) Selenium
8 3 (1.20%) Subversion
8 3 (1.20%) TeamCity
8 3 (1.20%) Xcode
8 3 (1.20%) XCTest
General
1 181 (72.69%) Finance
2 77 (30.92%) Social Skills
3 56 (22.49%) Investment Banking
4 36 (14.46%) Analytical Skills
5 25 (10.04%) Front Office
6 14 (5.62%) Financial Institution
6 14 (5.62%) Retail Banking
7 12 (4.82%) Inclusion and Diversity
8 10 (4.02%) Back Office
8 10 (4.02%) Legal
9 7 (2.81%) International Banking
10 6 (2.41%) Retail
11 5 (2.01%) Influencing Skills
12 4 (1.61%) Private Banking
13 3 (1.20%) Corporate Banking
13 3 (1.20%) Documentation Skills
13 3 (1.20%) Organisational Skills
13 3 (1.20%) Presentation Skills
14 2 (0.80%) Marketing
14 2 (0.80%) Public Sector
Job Titles
1 52 (20.88%) Analyst
2 35 (14.06%) Business Analyst
3 32 (12.85%) Developer
4 22 (8.84%) Architect
4 22 (8.84%) Senior
5 20 (8.03%) Lead
6 19 (7.63%) Project Manager
7 12 (4.82%) Solutions Architect
8 11 (4.42%) Banking Analyst
8 11 (4.42%) Consultant
9 8 (3.21%) DevOps Engineer
10 7 (2.81%) Designer
10 7 (2.81%) Senior Analyst
11 6 (2.41%) Administrator
11 6 (2.41%) Data Engineer
11 6 (2.41%) Payments Analyst
12 5 (2.01%) Artificial Intelligence Engineer
12 5 (2.01%) Azure Developer
12 5 (2.01%) Banking Business Analyst
12 5 (2.01%) Financial Analyst
Libraries, Frameworks & Software Standards
1 13 (5.22%) .NET
1 13 (5.22%) HTML
2 12 (4.82%) AngularJS
3 11 (4.42%) CSS
3 11 (4.42%) React
4 10 (4.02%) Kafka
5 9 (3.61%) HTML5
5 9 (3.61%) REST
6 8 (3.21%) NumPy
6 8 (3.21%) Pandas
7 7 (2.81%) CSS3
7 7 (2.81%) PyTorch
8 6 (2.41%) Node.js
8 6 (2.41%) scikit-learn
8 6 (2.41%) Spring
8 6 (2.41%) Spring Boot
8 6 (2.41%) TensorFlow
8 6 (2.41%) XML
9 5 (2.01%) SOAP
9 5 (2.01%) Web Services
Miscellaneous
1 20 (8.03%) Derivative
2 19 (7.63%) Onboarding
3 17 (6.83%) Cloud Native
4 13 (5.22%) Foreign Exchange (FX)
5 12 (4.82%) Product Ownership
6 11 (4.42%) Fixed Income
7 9 (3.61%) Distributed Systems
7 9 (3.61%) Equities
8 7 (2.81%) Credit Risk
8 7 (2.81%) SWIFT Messaging Network
9 6 (2.41%) AI Agents
9 6 (2.41%) Algorithms
10 5 (2.01%) Management Information System
11 4 (1.61%) Low-Code
11 4 (1.61%) PMI
11 4 (1.61%) Replication
12 3 (1.20%) Equity Derivative
12 3 (1.20%) Hybrid Cloud
12 3 (1.20%) Legacy Systems
13 2 (0.80%) Market Risk
Operating Systems
1 12 (4.82%) Linux
1 12 (4.82%) Windows
2 8 (3.21%) Unix
3 5 (2.01%) Windows Server
4 3 (1.20%) Android
5 2 (0.80%) Apple iOS
5 2 (0.80%) Red Hat Enterprise Linux
6 1 (0.40%) Kali Linux
6 1 (0.40%) Mac OS
6 1 (0.40%) Windows 10
Processes & Methodologies
1 67 (26.91%) Agile
2 42 (16.87%) Problem-Solving
3 41 (16.47%) CI/CD
4 40 (16.06%) DevOps
5 36 (14.46%) Stakeholder Management
6 34 (13.65%) Stakeholder Engagement
7 29 (11.65%) Analytics
8 27 (10.84%) Roadmaps
9 26 (10.44%) AI
10 24 (9.64%) Microservices
11 23 (9.24%) Project Management
12 22 (8.84%) User Acceptance Testing
13 19 (7.63%) Data Analysis
13 19 (7.63%) Migration
14 18 (7.23%) Decision-Making
15 17 (6.83%) Business Analysis
15 17 (6.83%) Continuous Improvement
15 17 (6.83%) Event-Driven
15 17 (6.83%) Project Delivery
15 17 (6.83%) Requirements Gathering
Programming Languages
1 45 (18.07%) Python
2 42 (16.87%) SQL
3 35 (14.06%) Java
4 19 (7.63%) C#
5 17 (6.83%) JavaScript
6 9 (3.61%) PowerShell
6 9 (3.61%) TypeScript
7 6 (2.41%) C++
8 4 (1.61%) Shell Script
9 3 (1.20%) Groovy
9 3 (1.20%) Scala
9 3 (1.20%) VB.NET
10 2 (0.80%) Bicep
10 2 (0.80%) Go
10 2 (0.80%) Korn
10 2 (0.80%) Perl
10 2 (0.80%) Rust
10 2 (0.80%) VBA
11 1 (0.40%) C
11 1 (0.40%) PL/SQL
Qualifications
1 24 (9.64%) Degree
2 8 (3.21%) PMI Certification
3 7 (2.81%) Computer Science Degree
4 6 (2.41%) PMP
5 5 (2.01%) Master's Degree
5 5 (2.01%) SC Cleared
5 5 (2.01%) Security Cleared
6 3 (1.20%) CBAP
6 3 (1.20%) Microsoft Certification
6 3 (1.20%) PhD
7 2 (0.80%) Azure Certification
7 2 (0.80%) CESG Certified Professional
7 2 (0.80%) CFA
7 2 (0.80%) CISA
7 2 (0.80%) CISSP
7 2 (0.80%) DBS Check
7 2 (0.80%) ISTQB
7 2 (0.80%) MCSA
7 2 (0.80%) PRINCE2 Certification
8 1 (0.40%) SANS
Quality Assurance & Compliance
1 20 (8.03%) QA
2 14 (5.62%) Data Quality
3 12 (4.82%) GDPR
4 10 (4.02%) ISO/IEC 27001
5 9 (3.61%) PMO
6 8 (3.21%) ISO 20022
7 7 (2.81%) NIST
7 7 (2.81%) PSD2
8 6 (2.41%) Basel III
9 5 (2.01%) Sarbanes-Oxley
10 4 (1.61%) MiFID
10 4 (1.61%) SEPA
11 3 (1.20%) Accessibility
11 3 (1.20%) GRC
11 3 (1.20%) PCI DSS
12 2 (0.80%) EMIR
12 2 (0.80%) ISO 8583
12 2 (0.80%) NIST 800
12 2 (0.80%) SLA
13 1 (0.40%) SOC 2
System Software
1 20 (8.03%) Docker
2 6 (2.41%) Active Directory
3 2 (0.80%) VMware Infrastructure
4 1 (0.40%) GridGain
4 1 (0.40%) Hyper-V
4 1 (0.40%) Virtual Desktop
4 1 (0.40%) vSphere
Systems Management
1 23 (9.24%) Kubernetes
2 11 (4.42%) Terraform
3 8 (3.21%) Ansible
4 5 (2.01%) Grafana
5 4 (1.61%) ITRS Geneos
6 3 (1.20%) NetBackup
6 3 (1.20%) Prometheus
6 3 (1.20%) Tivoli Storage Manager
7 2 (0.80%) Argo
7 2 (0.80%) Karpenter
7 2 (0.80%) Kibana
7 2 (0.80%) logstash
7 2 (0.80%) Microsoft Intune
8 1 (0.40%) Active Directory Federation Services
8 1 (0.40%) Istio
8 1 (0.40%) RSA Archer
8 1 (0.40%) SCCM
8 1 (0.40%) Systems Management Server (SMS)
Vendors
1 34 (13.65%) Microsoft
2 16 (6.43%) Oracle
3 9 (3.61%) Google
3 9 (3.61%) IBM
3 9 (3.61%) Splunk
4 8 (3.21%) Dynatrace
5 5 (2.01%) Bloomberg
5 5 (2.01%) ServiceNow
6 4 (1.61%) CA Agile Central
6 4 (1.61%) Informatica
6 4 (1.61%) SAP
7 3 (1.20%) Adobe
7 3 (1.20%) CyberArk
7 3 (1.20%) OpenAI
7 3 (1.20%) Salesforce
7 3 (1.20%) Solace
7 3 (1.20%) Veeam
7 3 (1.20%) VMware
8 2 (0.80%) Apple
8 2 (0.80%) ION Trading