Period
to 23 February 2020

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 23 February 2020 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
23 Feb 2020
Same period 2019 Same period 2018
Rank 201 206 168
Rank change year-on-year +5 -38 +25
Contract jobs citing Retail Banking 22 76 120
As % of all contract IT jobs advertised in Central London 0.38% 0.86% 1.33%
As % of the General category 0.86% 1.70% 2.47%
Number of daily rates quoted 20 52 92
Central London median daily rate £581 £469 £515
Median daily rate % change year-on-year +24.00% -8.98% -4.19%
10th Percentile £411 £304 £366
90th Percentile £716 £649 £713
London median daily rate £563 £550 £500
% change year-on-year +2.27% +10.00% +1.01%
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 2,565 4,469 4,860
As % of all contract IT jobs advertised in Central London 43.91% 50.36% 54.04%
Number of daily rates quoted 1,838 3,263 3,798
Central London median daily rate £500 £525 £525
Median daily rate % change year-on-year -4.76% - +5.00%
10th Percentile £306 £300 £315
90th Percentile £700 £686 £700
London median daily rate £525 £525 £500
% change year-on-year - +5.00% +2.56%
Number of hourly rates quoted 45 46 61
Central London median hourly rate £22.33 £18.70 £21.00
Median hourly rate % change year-on-year +19.41% -10.95% +1.20%
10th Percentile £12.45 £12.88 £11.81
90th Percentile £38.72 £39.64 £48.50
London median hourly rate £26.75 £24.08 £22.00
% change year-on-year +11.09% +9.45% -4.35%

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 23 February 2020.

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 23 February 2020. 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 +29 20 £581 +28.45% 17
Retail Banking
London

For the 6 months to 23 February 2020, 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 17 (77.27%) Banking
2 12 (54.55%) Agile Software Development
3 11 (50.00%) Finance
4 7 (31.82%) DevOps
5 6 (27.27%) Java
6 5 (22.73%) JIRA
7 4 (18.18%) Computer Science
7 4 (18.18%) Performance Testing
7 4 (18.18%) TDD
7 4 (18.18%) Spring
7 4 (18.18%) Unix
7 4 (18.18%) SQL
7 4 (18.18%) OOP
7 4 (18.18%) Python
7 4 (18.18%) Functional Programming
7 4 (18.18%) Performance Tuning
7 4 (18.18%) Jenkins
7 4 (18.18%) Scala
7 4 (18.18%) Hadoop
7 4 (18.18%) Waterfall
7 4 (18.18%) R
7 4 (18.18%) HBase
7 4 (18.18%) Apache Spark
7 4 (18.18%) Hadoop YARN
7 4 (18.18%) HDFS
7 4 (18.18%) Performance Optimisation
7 4 (18.18%) Travis CI
7 4 (18.18%) Linux Command Line
7 4 (18.18%) PySpark
8 3 (13.64%) User Stories

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 4 (18.18%) Apache Spark
2 1 (4.55%) Confluence
2 1 (4.55%) Exchange Server 2010
2 1 (4.55%) MS Exchange
2 1 (4.55%) WebSphere
Business Applications
1 1 (4.55%) Temenos T24
Cloud Services
1 1 (4.55%) Azure
1 1 (4.55%) GCP
1 1 (4.55%) GitHub
Communications & Networking
1 1 (4.55%) HTTPS
1 1 (4.55%) SAN
Database & Business Intelligence
1 4 (18.18%) Hadoop
1 4 (18.18%) HBase
2 1 (4.55%) Big Data
Development Applications
1 5 (22.73%) JIRA
2 4 (18.18%) Jenkins
2 4 (18.18%) Travis CI
3 1 (4.55%) JUnit
3 1 (4.55%) Mockito
General
1 17 (77.27%) Banking
2 11 (50.00%) Finance
3 3 (13.64%) Front Office
4 1 (4.55%) Back Office
4 1 (4.55%) International Banking
4 1 (4.55%) Investment Banking
4 1 (4.55%) Legal
4 1 (4.55%) Telecoms
Job Titles
1 5 (22.73%) Developer
1 5 (22.73%) Project Manager
2 4 (18.18%) Analyst
2 4 (18.18%) Hadoop Developer
2 4 (18.18%) Java Developer
2 4 (18.18%) Java Hadoop Developer
3 3 (13.64%) Business Analyst
3 3 (13.64%) Report Manager
3 3 (13.64%) Retail Banking Project Manager
4 2 (9.09%) Digital Analyst
5 1 (4.55%) Agile Business Analyst
5 1 (4.55%) Android Developer
5 1 (4.55%) Banking Project Manager
5 1 (4.55%) Cloud Architect
5 1 (4.55%) Cybersecurity Architect
5 1 (4.55%) Digital Business Analyst
5 1 (4.55%) Finance Manager
5 1 (4.55%) Investment Banking Project Manager
5 1 (4.55%) Strategic Project Manager
5 1 (4.55%) Windows Rollout Engineer
Libraries, Frameworks & Software Standards
1 4 (18.18%) PySpark
1 4 (18.18%) Spring
2 2 (9.09%) Middleware
2 2 (9.09%) OAuth
2 2 (9.09%) OAuth2
3 1 (4.55%) Dagger
3 1 (4.55%) IBM Integration Bus
3 1 (4.55%) Material Design
3 1 (4.55%) Retrofit
3 1 (4.55%) RxJava
Miscellaneous
1 4 (18.18%) Linux Command Line
2 1 (4.55%) Analytical Skills
2 1 (4.55%) Credit Risk
2 1 (4.55%) Mobile App
2 1 (4.55%) Mobile Banking
2 1 (4.55%) Virtual Team
Operating Systems
1 4 (18.18%) Unix
2 2 (9.09%) Windows
3 1 (4.55%) Android
3 1 (4.55%) Windows 10
3 1 (4.55%) Windows 7
3 1 (4.55%) Windows Server
Processes & Methodologies
1 12 (54.55%) Agile Software Development
2 7 (31.82%) DevOps
3 4 (18.18%) Computer Science
3 4 (18.18%) Functional Programming
3 4 (18.18%) OOP
3 4 (18.18%) Performance Optimisation
3 4 (18.18%) Performance Testing
3 4 (18.18%) Performance Tuning
3 4 (18.18%) TDD
3 4 (18.18%) Waterfall
4 3 (13.64%) Migration
4 3 (13.64%) Stakeholder Management
4 3 (13.64%) User Stories
5 2 (9.09%) API Integration
5 2 (9.09%) Process Improvement
5 2 (9.09%) Project Management
5 2 (9.09%) Scaled Agile Framework
5 2 (9.09%) Secure Coding
5 2 (9.09%) Use Case
5 2 (9.09%) Wireframes
Programming Languages
1 6 (27.27%) Java
2 4 (18.18%) Python
2 4 (18.18%) R
2 4 (18.18%) Scala
2 4 (18.18%) SQL
3 2 (9.09%) Groovy
3 2 (9.09%) JavaScript
4 1 (4.55%) Kotlin
Qualifications
1 1 (4.55%) Degree
System Software
1 4 (18.18%) HDFS
2 2 (9.09%) OpenAM
2 2 (9.09%) OpenDJ
3 1 (4.55%) Active Directory
3 1 (4.55%) vSphere
Systems Management
1 4 (18.18%) Hadoop YARN
2 1 (4.55%) Kubernetes
2 1 (4.55%) SCCM
Vendors
1 2 (9.09%) ForgeRock
2 1 (4.55%) Google
2 1 (4.55%) VMware