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 13 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
13 May 2024
Same period 2023 Same period 2022
Rank 13 12 13
Rank change year-on-year -1 +1 -2
Contract jobs citing Banking 252 467 512
As % of all contract jobs advertised in Central London 10.49% 12.27% 11.22%
As % of the General category 15.93% 19.69% 19.84%
Number of daily rates quoted 190 377 359
10th Percentile £350 £463 £425
25th Percentile £511 £539 £525
Median daily rate (50th Percentile) £600 £675 £650
Median % change year-on-year -11.11% +3.85% +10.64%
75th Percentile £725 £775 £750
90th Percentile £866 £883 £846
London median daily rate £650 £675 £650
% change year-on-year -3.70% +3.85% +8.33%
Number of hourly rates quoted 1 2 4
10th Percentile - - -
25th Percentile - - -
Median hourly rate £27.00 £21.00 £21.00
Median % change year-on-year +28.57% - +45.18%
75th Percentile - - £35.13
90th Percentile - - £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 1,582 2,372 2,580
As % of all contract IT jobs advertised in Central London 65.86% 62.31% 56.52%
Number of daily rates quoted 1,124 1,673 1,908
10th Percentile £325 £325 £350
25th Percentile £450 £475 £465
Median daily rate (50th Percentile) £551 £600 £570
Median % change year-on-year -8.13% +5.26% +3.68%
75th Percentile £688 £738 £681
90th Percentile £813 £825 £775
London median daily rate £575 £600 £575
% change year-on-year -4.17% +4.35% +9.52%
Number of hourly rates quoted 15 15 28
10th Percentile £20.04 £14.55 £18.50
25th Percentile £21.36 £16.06 £20.75
Median hourly rate £24.00 £21.00 £42.50
Median % change year-on-year +14.29% -50.59% +142.86%
75th Percentile £30.25 £43.88 £59.50
90th Percentile £47.65 £56.75 £67.55
London median hourly rate £27.92 £31.71 £37.50
% change year-on-year -11.95% -15.44% +29.98%

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 13 May 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
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 13 May 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 -1 244 £595 -11.85% 52
West End of London +5 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 20 (7.94%) 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%) MQSeries
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%) MS Visio
4 5 (1.98%) Microsoft Office
5 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
Cloud Services
1 41 (16.27%) Azure
2 23 (9.13%) AWS
3 15 (5.95%) Microsoft 365
4 14 (5.56%) Power Platform
5 11 (4.37%) Microsoft Purview
6 8 (3.17%) GCP
7 6 (2.38%) OneDrive
7 6 (2.38%) Power Automate
8 5 (1.98%) Dynamics 365
9 4 (1.59%) Collibra
9 4 (1.59%) PowerApps
10 3 (1.19%) Amazon S3
10 3 (1.19%) Amazon SQS
10 3 (1.19%) Cloud Computing
10 3 (1.19%) PaaS
10 3 (1.19%) SaaS
11 2 (0.79%) Entra ID
11 2 (0.79%) IaaS
11 2 (0.79%) Kong
11 2 (0.79%) NuGet
Communications & Networking
1 23 (9.13%) Firewall
2 11 (4.37%) SAN
3 5 (1.98%) 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%) 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%) Network Security
7 1 (0.40%) VoIP
7 1 (0.40%) WebEx
Database & Business Intelligence
1 18 (7.14%) SQL Server
2 10 (3.97%) Relational Database
3 7 (2.78%) Data Warehouse
3 7 (2.78%) 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%) MySQL
7 3 (1.19%) Tableau
8 2 (0.79%) Big Data
8 2 (0.79%) Data Mart
8 2 (0.79%) Oracle Database
8 2 (0.79%) RDBMS
8 2 (0.79%) SQL Server Integration Services
8 2 (0.79%) Sybase ASE
9 1 (0.40%) Impala
9 1 (0.40%) Looker
9 1 (0.40%) Sqoop
Development Applications
1 11 (4.37%) Jenkins
1 11 (4.37%) TeamCity
2 10 (3.97%) Git
2 10 (3.97%) Selenium
3 7 (2.78%) JIRA
4 6 (2.38%) Bitbucket
5 5 (1.98%) Cucumber
5 5 (1.98%) GitLab
6 4 (1.59%) WebDriver
7 3 (1.19%) PHPUnit
7 3 (1.19%) Visual Studio
8 2 (0.79%) Appium
9 1 (0.40%) Babel
9 1 (0.40%) eggPlant
9 1 (0.40%) Postman
9 1 (0.40%) REST Assured
9 1 (0.40%) SOAtest
9 1 (0.40%) Sonatype Nexus
9 1 (0.40%) webpack
9 1 (0.40%) Zephyr
General
1 136 (53.97%) Finance
2 76 (30.16%) Investment Banking
3 61 (24.21%) Social Skills
4 24 (9.52%) Analytical Skills
5 23 (9.13%) Front Office
6 14 (5.56%) Legal
7 13 (5.16%) Financial Institution
8 10 (3.97%) Corporate Banking
8 10 (3.97%) International Banking
9 9 (3.57%) Presentation Skills
9 9 (3.57%) Retail
9 9 (3.57%) Retail Banking
10 7 (2.78%) Prime Brokerage
11 6 (2.38%) Back Office
12 5 (1.98%) Documentation Skills
12 5 (1.98%) Organisational Skills
13 4 (1.59%) Advertising
14 2 (0.79%) Private Banking
14 2 (0.79%) Public Speaking
15 1 (0.40%) Games
Job Titles
1 57 (22.62%) Developer
2 50 (19.84%) Analyst
3 33 (13.10%) Architect
4 24 (9.52%) Business Analyst
5 23 (9.13%) Senior
6 15 (5.95%) Consultant
6 15 (5.95%) Data Analyst
6 15 (5.95%) Lead
7 14 (5.56%) Project Manager
8 13 (5.16%) Support Engineer
9 12 (4.76%) Java Developer
10 11 (4.37%) DevOps Engineer
10 11 (4.37%) Solutions Architect
11 9 (3.57%) C# Developer
11 9 (3.57%) Python Developer
12 8 (3.17%) Banking Analyst
12 8 (3.17%) Desktop Support
12 8 (3.17%) Service Analyst
13 7 (2.78%) Senior Developer
13 7 (2.78%) Tester
Libraries, Frameworks & Software Standards
1 19 (7.54%) .NET
2 9 (3.57%) Spring
3 8 (3.17%) CSS
4 7 (2.78%) React
4 7 (2.78%) Spring Boot
5 6 (2.38%) FIX Protocol
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%) jQuery
8 3 (1.19%) XML
Miscellaneous
1 12 (4.76%) Foreign Exchange (FX)
2 11 (4.37%) Video Conferencing
3 9 (3.57%) Equities
4 8 (3.17%) Derivative
4 8 (3.17%) PKI
5 7 (2.78%) Market Risk
6 5 (1.98%) Distributed Systems
6 5 (1.98%) Management Information System
6 5 (1.98%) Product Ownership
7 4 (1.59%) Security Posture
8 3 (1.19%) Algorithms
8 3 (1.19%) Data Centre
8 3 (1.19%) Fixed Income
8 3 (1.19%) Mobile App
8 3 (1.19%) Reinsurance
9 2 (0.79%) Cyber Threat
9 2 (0.79%) Legacy Systems
9 2 (0.79%) Public Cloud
9 2 (0.79%) Reference Data
9 2 (0.79%) SWIFT Messaging Network
Operating Systems
1 34 (13.49%) Windows
2 15 (5.95%) Linux
3 11 (4.37%) Unix
3 11 (4.37%) Windows Server 2012
3 11 (4.37%) Windows Server 2016
4 4 (1.59%) Red Hat Enterprise Linux
5 2 (0.79%) Windows Server
6 1 (0.40%) Android
6 1 (0.40%) Apple iOS
6 1 (0.40%) zOS
Processes & Methodologies
1 48 (19.05%) Agile
2 29 (11.51%) Problem-Solving
3 26 (10.32%) Data Loss Prevention
3 26 (10.32%) Migration
3 26 (10.32%) Stakeholder Management
4 24 (9.52%) DevOps
4 24 (9.52%) Project Management
5 21 (8.33%) Cybersecurity
6 20 (7.94%) Microservices
7 19 (7.54%) Risk Management
8 18 (7.14%) Analytics
8 18 (7.14%) CI/CD
9 16 (6.35%) Test Automation
10 15 (5.95%) GAP Analysis
10 15 (5.95%) Software Engineering
11 14 (5.56%) Computer Science
11 14 (5.56%) ITIL
12 13 (5.16%) Disaster Recovery
12 13 (5.16%) PRINCE2
12 13 (5.16%) Wealth Management
Programming Languages
1 39 (15.48%) Java
2 38 (15.08%) SQL
3 32 (12.70%) C#
4 29 (11.51%) Python
5 18 (7.14%) PowerShell
6 13 (5.16%) JavaScript
7 9 (3.57%) C++
8 5 (1.98%) TypeScript
9 3 (1.19%) PHP
9 3 (1.19%) PL/SQL
10 2 (0.79%) Data Analysis Expressions
10 2 (0.79%) Go
10 2 (0.79%) Shell Script
10 2 (0.79%) T-SQL
11 1 (0.40%) Haskell
11 1 (0.40%) JCL
11 1 (0.40%) Jython
11 1 (0.40%) RPG
11 1 (0.40%) Rust
11 1 (0.40%) VBScript
Qualifications
1 23 (9.13%) Degree
2 10 (3.97%) Computer Science Degree
2 10 (3.97%) ITIL Certification
3 7 (2.78%) SC Cleared
3 7 (2.78%) Security Cleared
4 2 (0.79%) CISA
4 2 (0.79%) CISM
4 2 (0.79%) CISSP
4 2 (0.79%) CRISC
4 2 (0.79%) FFIEC
4 2 (0.79%) PMP
5 1 (0.40%) Azure Certification
5 1 (0.40%) BC Cleared
5 1 (0.40%) CAPM
5 1 (0.40%) ITIL Foundation Certificate
5 1 (0.40%) MCP
5 1 (0.40%) Microsoft Certification
5 1 (0.40%) PMI Certification
5 1 (0.40%) Tableau Certification
Quality Assurance & Compliance
1 11 (4.37%) QA
2 10 (3.97%) Data Quality
3 8 (3.17%) SLA
4 6 (2.38%) PMO
5 5 (1.98%) ISO/IEC 27001
6 3 (1.19%) NIST
7 2 (0.79%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
7 2 (0.79%) PCI DSS
7 2 (0.79%) Sarbanes-Oxley
8 1 (0.40%) Accessibility
8 1 (0.40%) COBIT
8 1 (0.40%) EMIR
8 1 (0.40%) GRC
8 1 (0.40%) ISO 20022
8 1 (0.40%) MiFID
System Software
1 26 (10.32%) Active Directory
2 5 (1.98%) Docker
3 1 (0.40%) HDFS
3 1 (0.40%) NFS
3 1 (0.40%) Time Sharing Option
Systems Management
1 12 (4.76%) 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
6 1 (0.40%) Control-M
6 1 (0.40%) Tivoli Storage Manager
Vendors
1 50 (19.84%) Microsoft
2 14 (5.56%) Cisco
2 14 (5.56%) Citrix
3 11 (4.37%) Avaya
3 11 (4.37%) CheckPoint
3 11 (4.37%) EMC
3 11 (4.37%) HP
4 9 (3.57%) Bloomberg
5 8 (3.17%) Oracle
6 7 (2.78%) IBM
7 6 (2.38%) ServiceNow
8 5 (1.98%) Google
8 5 (1.98%) Red Hat
9 4 (1.59%) ArcSight
9 4 (1.59%) Murex
9 4 (1.59%) Reuters
9 4 (1.59%) SAP
9 4 (1.59%) Splunk
10 3 (1.19%) Alteryx
10 3 (1.19%) Symantec