Period
to 25 January 2022

The table below looks at the prevalence of the term Back Office in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Back Office over the 6 months to 25 January 2022 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.

Back Office
Central London > City of London
6 months to
25 Jan 2022
Same period 2021 Same period 2020
Rank 139 106 158
Rank change year-on-year -33 +52 +17
Contract jobs citing Back Office 47 26 38
As % of all contract jobs advertised in the City of London 1.17% 1.25% 0.78%
As % of the General category 2.04% 2.09% 1.45%
Number of daily rates quoted 40 14 32
10th Percentile £459 £363 £241
25th Percentile £519 £416 £363
Median daily rate (50th Percentile) £650 £500 £500
Median % change year-on-year +30.00% - -9.09%
75th Percentile £731 £600 £625
90th Percentile £775 £653 £648
Central London median daily rate £650 £575 £500
% change year-on-year +13.04% +15.00% -9.09%

Back Office 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 the City of London with a requirement for common skills.

All General Skills
City of London
Contract vacancies with a requirement for common skills 2,308 1,246 2,625
As % of all contract IT jobs advertised in the City of London 57.56% 59.67% 53.77%
Number of daily rates quoted 1,751 905 2,012
10th Percentile £363 £313 £263
25th Percentile £485 £413 £409
Median daily rate (50th Percentile) £570 £525 £504
Median % change year-on-year +8.57% +4.22% -4.05%
75th Percentile £675 £619 £625
90th Percentile £775 £700 £694
Central London median daily rate £563 £520 £500
% change year-on-year +8.17% +4.00% -4.76%
Number of hourly rates quoted 23 17 33
10th Percentile £18.56 £13.50 £12.50
25th Percentile £21.00 £17.00 £15.00
Median hourly rate £37.50 £22.00 £18.70
Median % change year-on-year +70.45% +17.65% -
75th Percentile £51.75 £36.50 £21.00
90th Percentile £62.35 £46.00 £28.60
Central London median hourly rate £37.50 £22.00 £19.00
% change year-on-year +70.45% +15.79% +1.60%

Back Office
Job Vacancy Trend in the City of London

Job postings citing Back Office as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Back Office in the City of London

Back Office
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Back Office in the City of London.

Daily rate trend for Back Office in the City of London

Back Office
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Back Office in the City of London over the 6 months to 25 January 2022.

Daily rate histogram for Back Office in the City of London

Back Office
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Back Office in the City of London.

Hourly rate trend for Back Office in the City of London

For the 6 months to 25 January 2022, IT contractor jobs citing Back Office 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 City of London region with a requirement for Back Office.

1 27 (57.45%) Finance
2 19 (40.43%) Banking
3 18 (38.30%) Investment Banking
4 12 (25.53%) Front Office
4 12 (25.53%) SDLC
5 11 (23.40%) Microsoft
6 10 (21.28%) .NET
7 9 (19.15%) SQL
7 9 (19.15%) Fixed Income
7 9 (19.15%) Derivative
8 8 (17.02%) Equities
8 8 (17.02%) Agile Software Development
8 8 (17.02%) C#
8 8 (17.02%) DevOps
9 7 (14.89%) Social Skills
9 7 (14.89%) Python
9 7 (14.89%) Azure
10 6 (12.77%) Scrum
10 6 (12.77%) Windows
11 5 (10.64%) ASP.NET
11 5 (10.64%) Software Engineering
11 5 (10.64%) Cash Management
11 5 (10.64%) .NET Framework
11 5 (10.64%) Analytical Skills
11 5 (10.64%) Public Sector
12 4 (8.51%) Greenfield Project
12 4 (8.51%) Microservices
12 4 (8.51%) Oracle Database
12 4 (8.51%) Cucumber
12 4 (8.51%) Degree

Back Office
Co-occurring IT Skills in the City of 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 3 (6.38%) IIS
2 1 (2.13%) SharePoint
Applications
1 3 (6.38%) Microsoft Excel
1 3 (6.38%) Spreadsheet
Business Applications
1 1 (2.13%) Bloomberg TOMS
1 1 (2.13%) Orchestrade
1 1 (2.13%) SAP S/4HANA
1 1 (2.13%) SimCorp Dimension
Cloud Services
1 7 (14.89%) Azure
2 3 (6.38%) Azure Active Directory
2 3 (6.38%) NuGet
2 3 (6.38%) PaaS
3 1 (2.13%) AWS
3 1 (2.13%) WhatsApp
Communications & Networking
1 1 (2.13%) FIX Connectivity
1 1 (2.13%) Intranet
Database & Business Intelligence
1 4 (8.51%) Oracle Database
2 3 (6.38%) SQL Server
3 2 (4.26%) Data Warehouse
3 2 (4.26%) NoSQL
4 1 (2.13%) GIS
4 1 (2.13%) SAP HANA
Development Applications
1 4 (8.51%) Cucumber
1 4 (8.51%) JIRA
1 4 (8.51%) Selenium
2 3 (6.38%) Jenkins
2 3 (6.38%) Robot Framework
2 3 (6.38%) SonarQube
2 3 (6.38%) Sonatype Nexus
3 2 (4.26%) Team Foundation Server
4 1 (2.13%) JMeter
4 1 (2.13%) Postman
4 1 (2.13%) SoapUI
General
1 27 (57.45%) Finance
2 19 (40.43%) Banking
3 18 (38.30%) Investment Banking
4 12 (25.53%) Front Office
5 7 (14.89%) Social Skills
6 5 (10.64%) Analytical Skills
6 5 (10.64%) Public Sector
7 3 (6.38%) Retail
8 2 (4.26%) Advertising
8 2 (4.26%) Prime Brokerage
8 2 (4.26%) Synthetic Prime Brokerage
9 1 (2.13%) Financial Institution
9 1 (2.13%) Influencing Skills
9 1 (2.13%) Legal
9 1 (2.13%) Local Government
Job Titles
1 16 (34.04%) Developer
2 11 (23.40%) Analyst
3 7 (14.89%) Python Developer
4 6 (12.77%) .NET Developer
5 5 (10.64%) Business Analyst
5 5 (10.64%) Senior .NET Developer
5 5 (10.64%) Senior Developer
6 4 (8.51%) Banking Analyst
7 3 (6.38%) DevOps Engineer
7 3 (6.38%) Investment Banking Business Analyst
7 3 (6.38%) IT Manager
7 3 (6.38%) Scrum Master
8 2 (4.26%) Business Process Analyst
8 2 (4.26%) Front Office Business Analyst
8 2 (4.26%) Java Developer
8 2 (4.26%) Process Analyst
8 2 (4.26%) Programme Manager
8 2 (4.26%) Project Manager
8 2 (4.26%) Support Analyst
8 2 (4.26%) Test Analyst
Libraries, Frameworks & Software Standards
1 10 (21.28%) .NET
2 5 (10.64%) .NET Framework
2 5 (10.64%) ASP.NET
3 4 (8.51%) FIX Protocol
4 3 (6.38%) Velocity
4 3 (6.38%) Web Services
5 2 (4.26%) RabbitMQ
5 2 (4.26%) Spring Boot
6 1 (2.13%) Middleware
6 1 (2.13%) SOAP
Miscellaneous
1 9 (19.15%) Derivative
1 9 (19.15%) Fixed Income
2 8 (17.02%) Equities
3 4 (8.51%) Greenfield Project
4 3 (6.38%) Cloud Native
4 3 (6.38%) Mobile App
5 2 (4.26%) Management Information System
5 2 (4.26%) Market Risk
6 1 (2.13%) Credit Risk
6 1 (2.13%) EPoS
6 1 (2.13%) Foreign Exchange (FX)
6 1 (2.13%) Hedge funds
6 1 (2.13%) Synthetic Equity
Operating Systems
1 6 (12.77%) Windows
2 3 (6.38%) Linux
2 3 (6.38%) Unix
3 1 (2.13%) Windows 7
Processes & Methodologies
1 12 (25.53%) SDLC
2 8 (17.02%) Agile Software Development
2 8 (17.02%) DevOps
3 6 (12.77%) Scrum
4 5 (10.64%) Cash Management
4 5 (10.64%) Software Engineering
5 4 (8.51%) Asset Management
5 4 (8.51%) CRM
5 4 (8.51%) Microservices
5 4 (8.51%) User Acceptance Testing
5 4 (8.51%) Wealth Management
6 3 (6.38%) Burndown Charts
6 3 (6.38%) CI/CD
6 3 (6.38%) Computer Science
6 3 (6.38%) Problem-Solving
6 3 (6.38%) Project Governance
6 3 (6.38%) Project Management
6 3 (6.38%) Release Management
6 3 (6.38%) Requirements Gathering
6 3 (6.38%) Test Strategy
Programming Languages
1 9 (19.15%) SQL
2 8 (17.02%) C#
3 7 (14.89%) Python
4 3 (6.38%) Java
5 1 (2.13%) VB.NET
5 1 (2.13%) VBA
Qualifications
1 4 (8.51%) Degree
2 1 (2.13%) ISO 27001 Lead Auditor
2 1 (2.13%) PMI Certification
2 1 (2.13%) PMP
Quality Assurance & Compliance
1 4 (8.51%) QA
2 1 (2.13%) COREP
2 1 (2.13%) GDPR
2 1 (2.13%) IFRS
2 1 (2.13%) ISO/IEC 27001
2 1 (2.13%) PMO
System Software
1 3 (6.38%) Active Directory
1 3 (6.38%) Docker
Systems Management
1 3 (6.38%) Ansible
1 3 (6.38%) Kubernetes
1 3 (6.38%) Terraform
2 1 (2.13%) HP Quality Center
Vendors
1 11 (23.40%) Microsoft
2 4 (8.51%) Oracle
3 1 (2.13%) Adyen
3 1 (2.13%) Barracuda Networks
3 1 (2.13%) Bloomberg
3 1 (2.13%) GoldenSource
3 1 (2.13%) IBM
3 1 (2.13%) Meraki
3 1 (2.13%) Murex
3 1 (2.13%) SAP
3 1 (2.13%) SimCorp