Period
to 21 July 2019

The table below looks at the prevalence of the term Retail Banking in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Retail Banking over the 6 months to 21 July 2019 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Retail Banking
London > Central London
6 months to
21 Jul 2019
Same period 2018 Same period 2017
Rank 218 197 164
Rank change year-on-year -21 -33 +29
Contract jobs citing Retail Banking 65 102 93
As % of all contract IT jobs advertised in Central London 0.76% 1.09% 1.21%
As % of the General category 1.70% 2.20% 2.37%
Number of daily rates quoted 46 70 70
Central London median daily rate £563 £500 £506
Median daily rate % change year-on-year +12.44% -1.19% +6.58%
10th Percentile £363 £350 £392
90th Percentile £700 £750 £666
London median daily rate £550 £500 £500
% change year-on-year +10.00% - +5.26%
Number of hourly rates quoted 0 0 0
Central London median hourly rate - - -
London median hourly rate - - -

Retail 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.

All General Skills
Central London
Contract vacancies with a requirement for common skills 3,816 4,645 3,919
As % of all contract IT jobs advertised in Central London 44.57% 49.69% 50.99%
Number of daily rates quoted 2,856 3,556 3,042
Central London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £338 £325 £315
90th Percentile £680 £700 £675
London median daily rate £525 £525 £500
% change year-on-year - +5.00% +5.26%
Number of hourly rates quoted 42 52 48
Central London median hourly rate £21.00 £19.50 £17.25
Median hourly rate % change year-on-year +7.69% +13.04% -13.75%
10th Percentile £11.25 £13.03 £12.52
90th Percentile £50.33 £30.00 £36.95
London median hourly rate £21.09 £24.00 £21.25
% change year-on-year -12.13% +12.94% +1.19%

Retail Banking
Job Vacancy Trend in Central London

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

Job vacancy trend for Retail Banking in Central London

Retail Banking
Contractor Daily Rate Trend in Central London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Retail Banking in Central London.

Contractor daily rate trend for Retail Banking in Central London

Retail Banking
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing Retail Banking in Central London over the 6 months to 21 July 2019.

Contractor daily rate histogram for Retail Banking in Central London

Retail Banking
Contractor Hourly Rate Trend in Central London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Retail Banking in Central London.

Contractor hourly rate trend for Retail Banking in Central London

Retail 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 Retail Banking within the Central London region over the 6 months to 21 July 2019. 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
Job
Vacancies
City of London -5 64 £550 +10.00% 7
Retail Banking
London

For the 6 months to 21 July 2019, IT contractor jobs citing Retail Banking also mentioned the following skills 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 with a requirement for Retail Banking.

1 51 (78.46%) Banking
2 43 (66.15%) Finance
3 28 (43.08%) Agile Software Development
4 16 (24.62%) SQL
5 13 (20.00%) Java
5 13 (20.00%) Stakeholder Management
5 13 (20.00%) DevOps
6 12 (18.46%) Jenkins
6 12 (18.46%) Spring
7 11 (16.92%) Python
8 10 (15.38%) TDD
8 10 (15.38%) JIRA
8 10 (15.38%) Scala
9 8 (12.31%) Computer Science
10 7 (10.77%) Performance Testing
10 7 (10.77%) Migration
10 7 (10.77%) Unix
10 7 (10.77%) OOP
10 7 (10.77%) Hadoop
10 7 (10.77%) Waterfall
10 7 (10.77%) Performance Tuning
10 7 (10.77%) R
10 7 (10.77%) HBase
10 7 (10.77%) Functional Programming
10 7 (10.77%) Apache Spark
10 7 (10.77%) Hadoop YARN
10 7 (10.77%) HDFS
10 7 (10.77%) Performance Optimisation
10 7 (10.77%) Fintech
10 7 (10.77%) Travis CI

Retail Banking
Co-occurring IT Skills in Central London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 7 (10.77%) Apache Spark
2 4 (6.15%) WebSphere
3 3 (4.62%) SAS
4 2 (3.08%) Confluence
5 1 (1.54%) Skype for Business
Applications
1 1 (1.54%) Microsoft Excel
1 1 (1.54%) Microsoft Office
1 1 (1.54%) S-PLUS
Business Applications
1 2 (3.08%) Actimize
Cloud Services
1 4 (6.15%) Amazon AWS
2 3 (4.62%) Microsoft Azure
3 2 (3.08%) Office 365
4 1 (1.54%) Amazon ECS
4 1 (1.54%) Amazon EKS
4 1 (1.54%) AWS CloudFormation
4 1 (1.54%) AWS Lambda
4 1 (1.54%) Cloud Computing
4 1 (1.54%) Google Cloud Platform
4 1 (1.54%) Kong
4 1 (1.54%) OpenShift
4 1 (1.54%) Serverless
Communications & Networking
1 2 (3.08%) DNS
1 2 (3.08%) Internet
2 1 (1.54%) LAN
2 1 (1.54%) SAN
2 1 (1.54%) Skype
2 1 (1.54%) WAN
2 1 (1.54%) Wireless
Database & Business Intelligence
1 7 (10.77%) Hadoop
1 7 (10.77%) HBase
2 6 (9.23%) SQL Server
3 1 (1.54%) Amazon Redshift
3 1 (1.54%) Data Warehouse
3 1 (1.54%) DB2
3 1 (1.54%) MongoDB
3 1 (1.54%) NoSQL
Development Applications
1 12 (18.46%) Jenkins
2 10 (15.38%) JIRA
3 7 (10.77%) Travis CI
4 3 (4.62%) Git (software)
4 3 (4.62%) Octopus Deploy
5 1 (1.54%) HP UFT
5 1 (1.54%) Selenium
5 1 (1.54%) SpecFlow
5 1 (1.54%) Visual Studio
General
1 51 (78.46%) Banking
2 43 (66.15%) Finance
3 4 (6.15%) Advertising
3 4 (6.15%) Retail
4 3 (4.62%) Back Office
4 3 (4.62%) Financial Institution
4 3 (4.62%) Investment Banking
5 2 (3.08%) Legal
6 1 (1.54%) Front Office
6 1 (1.54%) Private Banking
Job Titles
1 19 (29.23%) Analyst
2 11 (16.92%) Developer
3 10 (15.38%) Business Analyst
3 10 (15.38%) Java Developer
4 7 (10.77%) Hadoop Developer
4 7 (10.77%) Java Hadoop Developer
5 6 (9.23%) Project Manager
6 5 (7.69%) Banking Analyst
6 5 (7.69%) Business IT Analyst
6 5 (7.69%) IT Analyst
6 5 (7.69%) IT Business Analyst
6 5 (7.69%) Retail Banking Business Analyst
6 5 (7.69%) Test Analyst
7 4 (6.15%) Integration Specialist
7 4 (6.15%) IT Manager
7 4 (6.15%) WebSphere Specialist
7 4 (6.15%) XML Specialist
8 3 (4.62%) Consultant
8 3 (4.62%) Data Analyst
8 3 (4.62%) IT Project Manager
Libraries, Frameworks & Software Standards
1 12 (18.46%) Spring
2 7 (10.77%) PySpark
3 6 (9.23%) JSON
3 6 (9.23%) XML
4 5 (7.69%) REST
4 5 (7.69%) Web Services
5 4 (6.15%) Hibernate
5 4 (6.15%) IBM Integration Bus
5 4 (6.15%) SOAP
5 4 (6.15%) Spring Boot
6 3 (4.62%) RESTful
7 1 (1.54%) .NET
7 1 (1.54%) Java EE
7 1 (1.54%) JPA
7 1 (1.54%) Kafka
7 1 (1.54%) Spring MVC
Miscellaneous
1 7 (10.77%) Linux Command Line
2 4 (6.15%) Credit Risk
3 3 (4.62%) Data Protection Act
3 3 (4.62%) Mobile App
3 3 (4.62%) PMI
3 3 (4.62%) User Experience
4 2 (3.08%) Greenfield Project
4 2 (3.08%) Online Banking
4 2 (3.08%) Self-Motivation
4 2 (3.08%) SWIFT
5 1 (1.54%) Analytical Skills
Operating Systems
1 7 (10.77%) Unix
2 2 (3.08%) Android
2 2 (3.08%) Windows
3 1 (1.54%) Windows 10
3 1 (1.54%) Windows 7
3 1 (1.54%) Windows 8
3 1 (1.54%) Windows Server
Processes & Methodologies
1 28 (43.08%) Agile Software Development
2 13 (20.00%) DevOps
2 13 (20.00%) Stakeholder Management
3 10 (15.38%) TDD
4 8 (12.31%) Computer Science
5 7 (10.77%) Fintech
5 7 (10.77%) Functional Programming
5 7 (10.77%) Migration
5 7 (10.77%) OOP
5 7 (10.77%) Performance Optimisation
5 7 (10.77%) Performance Testing
5 7 (10.77%) Performance Tuning
5 7 (10.77%) Waterfall
6 6 (9.23%) PRINCE2
7 5 (7.69%) KYC
7 5 (7.69%) Microservices
7 5 (7.69%) Project Management
7 5 (7.69%) Test Scripting
8 4 (6.15%) BDD
8 4 (6.15%) Business Analysis
Programming Languages
1 16 (24.62%) SQL
2 13 (20.00%) Java
3 11 (16.92%) Python
4 10 (15.38%) Scala
5 7 (10.77%) R
6 4 (6.15%) C#
6 4 (6.15%) XPath
7 3 (4.62%) PowerShell
8 2 (3.08%) Kotlin
8 2 (3.08%) VBA
9 1 (1.54%) Bash Shell
9 1 (1.54%) C
9 1 (1.54%) Java 8
9 1 (1.54%) JavaScript
Qualifications
1 5 (7.69%) PMI Certification
2 4 (6.15%) Degree
3 3 (4.62%) APMP
4 2 (3.08%) PMP
5 1 (1.54%) Computer Science Degree
5 1 (1.54%) Microsoft Certification
Quality Assurance & Compliance
1 5 (7.69%) PSD2
2 3 (4.62%) P3O
3 2 (3.08%) SEPA
4 1 (1.54%) Basel III
4 1 (1.54%) PMO
System Software
1 7 (10.77%) HDFS
2 3 (4.62%) Docker
3 2 (3.08%) Active Directory
Systems Management
1 7 (10.77%) Hadoop YARN
2 4 (6.15%) Kubernetes
3 2 (3.08%) Terraform
4 1 (1.54%) Ansible
4 1 (1.54%) HP ALM
4 1 (1.54%) HP Quality Center
4 1 (1.54%) SCCM
Vendors
1 4 (6.15%) IBM
2 3 (4.62%) Microsoft
3 2 (3.08%) Tableau
4 1 (1.54%) Google
4 1 (1.54%) HP
4 1 (1.54%) Oracle
4 1 (1.54%) VMware