Retail Banking Contracts in Central London

Retail Banking
London > Central London

The table below looks at the prevalence of the term Retail Banking in contract job vacancies in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Retail Banking over the 6 months leading up to 3 May 2025, comparing them to the same period in the previous two years.

6 months to
3 May 2025
Same period 2024 Same period 2023
Rank 99 116 145
Rank change year-on-year +17 +29 +25
Contract jobs citing Retail Banking 28 13 29
As % of all contract jobs advertised in Central London 1.40% 0.53% 0.75%
As % of the General category 1.98% 0.81% 1.21%
Number of daily rates quoted 9 6 21
10th Percentile £435 £513 £513
25th Percentile £506 £663 £600
Median daily rate (50th Percentile) £675 £825 £650
Median % change year-on-year -18.18% +26.92% +5.05%
75th Percentile £688 £866 £838
90th Percentile - £956 £950
London median daily rate £650 £575 £625
% change year-on-year +13.04% -8.00% +2.04%

All General Skills
Central London

Retail 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 1,412 1,604 2,401
As % of all contract IT jobs advertised in Central London 70.56% 65.82% 62.25%
Number of daily rates quoted 911 1,146 1,697
10th Percentile £325 £331 £325
25th Percentile £450 £450 £475
Median daily rate (50th Percentile) £575 £550 £600
Median % change year-on-year +4.55% -8.33% +5.26%
75th Percentile £685 £688 £738
90th Percentile £775 £806 £825
London median daily rate £575 £575 £600
% change year-on-year - -4.17% +4.35%
Number of hourly rates quoted 18 15 15
10th Percentile £22.00 £20.04 £15.20
25th Percentile £25.11 £21.36 £18.42
Median hourly rate £30.04 £24.00 £35.00
Median % change year-on-year +25.15% -31.43% -23.08%
75th Percentile £49.22 £30.25 £53.25
90th Percentile £74.63 £47.65 £58.75
London median hourly rate £34.00 £28.50 £32.00
% change year-on-year +19.30% -10.94% -13.51%

Retail Banking
Job Vacancy Trend in Central London

Job postings citing Retail Banking as a proportion 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

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

Daily rate trend for Retail Banking in Central London

Retail Banking
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Retail Banking in Central London over the 6 months to 3 May 2025.

Daily rate histogram for Retail Banking in Central London

Retail Banking
Contractor Hourly Rate Trend in Central London

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

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 3 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 +19 28 £675 -18.18% 1
Retail Banking
London

Retail 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 3 (10.71%) Confluence
Business Applications
1 2 (7.14%) Dynamics CRM
Cloud Services
1 10 (35.71%) AWS
2 6 (21.43%) Amazon EC2
2 6 (21.43%) Amazon EKS
2 6 (21.43%) Amazon ElastiCache
2 6 (21.43%) Amazon S3
2 6 (21.43%) CloudFront
2 6 (21.43%) Route 53
3 2 (7.14%) Dynamics 365
4 1 (3.57%) AWS Lambda
4 1 (3.57%) GitHub
4 1 (3.57%) Power Platform
4 1 (3.57%) Serverless
4 1 (3.57%) Snowflake
Communications & Networking
1 1 (3.57%) Unified Communications
Database & Business Intelligence
1 7 (25.00%) NoSQL
2 6 (21.43%) Amazon Aurora
2 6 (21.43%) DocumentDB
2 6 (21.43%) Redis
2 6 (21.43%) SQL Server
3 3 (10.71%) Relational Database
4 1 (3.57%) KDB
4 1 (3.57%) PostgreSQL
4 1 (3.57%) Power BI
4 1 (3.57%) Tableau
Development Applications
1 3 (10.71%) JIRA
General
1 28 (100.00%) Banking
2 19 (67.86%) Finance
3 17 (60.71%) Investment Banking
4 14 (50.00%) Corporate Banking
4 14 (50.00%) Retail
5 7 (25.00%) Analytical Skills
5 7 (25.00%) Social Skills
6 4 (14.29%) Financial Institution
7 2 (7.14%) Marketing
8 1 (3.57%) Organisational Skills
Job Titles
1 8 (28.57%) Developer
2 6 (21.43%) C# Developer
3 3 (10.71%) AWS Data Engineer
3 3 (10.71%) AWS Engineer
3 3 (10.71%) Compliance Specialist
3 3 (10.71%) Data Engineer
3 3 (10.71%) Data Modeller
3 3 (10.71%) Designer
3 3 (10.71%) Electronic Trading Specialist
3 3 (10.71%) Infrastructure Manager
3 3 (10.71%) MiFID Specialist
3 3 (10.71%) Product Manager
3 3 (10.71%) Python Data Engineer
3 3 (10.71%) Python Engineer
4 2 (7.14%) Cloud Infrastructure Manager
4 2 (7.14%) Lead
4 2 (7.14%) Lead Designer
4 2 (7.14%) Lead Service Designer
4 2 (7.14%) Project Manager
4 2 (7.14%) Service Designer
Libraries, Frameworks & Software Standards
1 6 (21.43%) GraphQL
1 6 (21.43%) RESTful
2 3 (10.71%) PySpark
3 2 (7.14%) React
4 1 (3.57%) AWS CDK
4 1 (3.57%) FastAPI
4 1 (3.57%) Flask
4 1 (3.57%) HTML
4 1 (3.57%) JSON
4 1 (3.57%) Node.js
4 1 (3.57%) SQLAlchemy
Miscellaneous
1 6 (21.43%) Derivative
1 6 (21.43%) Legacy Systems
1 6 (21.43%) Public Cloud
2 3 (10.71%) Onboarding
3 2 (7.14%) Product Ownership
4 1 (3.57%) Data Centre
4 1 (3.57%) Digital Media
4 1 (3.57%) Virtual Team
Operating Systems
1 1 (3.57%) Android
1 1 (3.57%) Apple iOS
1 1 (3.57%) Linux
1 1 (3.57%) Windows
Processes & Methodologies
1 15 (53.57%) Wealth Management
2 8 (28.57%) Stakeholder Management
3 6 (21.43%) Asset Management
3 6 (21.43%) Secure Coding
3 6 (21.43%) SOLID
3 6 (21.43%) TDD
3 6 (21.43%) Unit Testing
3 6 (21.43%) User Experience
4 5 (17.86%) Project Management
5 4 (14.29%) Decision-Making
5 4 (14.29%) Problem-Solving
6 3 (10.71%) Data Engineering
6 3 (10.71%) Data-Driven Decision Making
6 3 (10.71%) Electronic Trading
6 3 (10.71%) Financial Modelling
6 3 (10.71%) Internal Audit
6 3 (10.71%) Market Research
6 3 (10.71%) Predictive Modelling
6 3 (10.71%) SDLC
6 3 (10.71%) Service Delivery
Programming Languages
1 6 (21.43%) C#
1 6 (21.43%) Python
2 5 (17.86%) SQL
3 1 (3.57%) C++
3 1 (3.57%) Java
3 1 (3.57%) JavaScript
3 1 (3.57%) TypeScript
Qualifications
1 1 (3.57%) CRISC
1 1 (3.57%) Degree
1 1 (3.57%) Master's Degree
1 1 (3.57%) PRINCE2 Certification
Quality Assurance & Compliance
1 3 (10.71%) MiFID
2 1 (3.57%) COBIT
2 1 (3.57%) ITGC
2 1 (3.57%) QA
2 1 (3.57%) Sarbanes-Oxley
System Software
1 1 (3.57%) Virtual Desktop
Vendors
1 5 (17.86%) Microsoft
2 3 (10.71%) Cisco
2 3 (10.71%) Logitech
3 1 (3.57%) Adobe
3 1 (3.57%) Citrix
3 1 (3.57%) Oracle