Banking Analyst Contracts in the City of London

Banking Analyst
Central London > City of London

The median Banking Analyst daily rate in the City of London is £423, according to job vacancies posted in the 6 months leading up to 2 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
2 May 2025
Same period 2024 Same period 2023
Rank 115 118 161
Rank change year-on-year +3 +43 +4
Contract jobs requiring a Banking Analyst 4 8 11
As % of all contract jobs advertised in the City of London 0.23% 0.36% 0.30%
As % of the Job Titles category 0.24% 0.38% 0.32%
Number of daily rates quoted 2 4 11
10th Percentile £260 £299 -
25th Percentile £312 £354 £240
Median daily rate (50th Percentile) £423 £518 £400
Median % change year-on-year -18.36% +29.38% -33.33%
75th Percentile £532 £666 £699
90th Percentile £583 £694 £725
Central London median daily rate £423 £518 £400
% change year-on-year -18.36% +29.38% -33.33%

All Contract IT Job Vacancies
City of London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the City of London with a recognized job title 1,634 2,090 3,462
% of contract IT jobs with a recognized job title 93.00% 95.13% 95.21%
Number of daily rates quoted 1,025 1,486 2,357
10th Percentile £350 £350 £350
25th Percentile £463 £450 £475
Median daily rate (50th Percentile) £575 £563 £600
Median % change year-on-year +2.22% -6.25% +6.19%
75th Percentile £684 £688 £725
90th Percentile £775 £800 £820
Central London median daily rate £575 £550 £585
% change year-on-year +4.55% -5.98% +4.46%
Number of hourly rates quoted 13 15 22
10th Percentile £22.00 £15.62 £15.50
25th Percentile £24.66 £20.22 £18.50
Median hourly rate £31.00 £23.00 £35.00
Median % change year-on-year +34.78% -34.29% -6.04%
75th Percentile £48.75 £27.25 £58.75
90th Percentile £92.75 £40.00 £87.97
Central London median hourly rate £29.07 £25.00 £35.00
% change year-on-year +16.28% -28.57% -6.04%

Banking Analyst
Job Vacancy Trend in the City of London

Job postings that featured Banking Analyst in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Banking Analyst in the City of London

Banking Analyst
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Banking Analyst in the City of London

Banking Analyst
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Banking Analyst in the City of London over the 6 months to 2 May 2025.

Daily rate histogram for Banking Analyst in the City of London

Banking Analyst
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for Banking Analyst in the City of London

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in the City of London

For the 6 months to 2 May 2025, Banking Analyst contract job roles required the following skills and capabilities 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 featuring Banking Analyst in the job title.

1 4 (100.00%) Finance
1 4 (100.00%) Banking
2 2 (50.00%) XML
2 2 (50.00%) Migration
2 2 (50.00%) Risk Management
2 2 (50.00%) Business Analysis
2 2 (50.00%) Social Skills
2 2 (50.00%) Cybersecurity
3 1 (25.00%) Technical Analysis
3 1 (25.00%) AWS Certification
3 1 (25.00%) System Integration Testing
3 1 (25.00%) Anti-Money Laundering
3 1 (25.00%) Identity Access Management
3 1 (25.00%) Data Flow Diagram
3 1 (25.00%) Regulatory Compliance
3 1 (25.00%) Databricks
3 1 (25.00%) IT Strategy
3 1 (25.00%) Problem-Solving
3 1 (25.00%) Power Platform
3 1 (25.00%) PowerApps
3 1 (25.00%) AWS Certified Solutions Architect
3 1 (25.00%) Azure Certification
3 1 (25.00%) Software Testing
3 1 (25.00%) Corporate Banking
3 1 (25.00%) Workflow
3 1 (25.00%) Investment Banking
3 1 (25.00%) General Ledger
3 1 (25.00%) Management Information System
3 1 (25.00%) Back Office
3 1 (25.00%) Stakeholder Management

Banking Analyst Skill Set
Co-occurring Skills and Capabilities in the City of 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 1 (25.00%) Confluence
1 1 (25.00%) Oracle Workflow
Business Applications
1 1 (25.00%) PeopleSoft Financials
Cloud Services
1 1 (25.00%) AWS
1 1 (25.00%) Azure
1 1 (25.00%) Cloud Computing
1 1 (25.00%) Power Platform
1 1 (25.00%) PowerApps
Database & Business Intelligence
1 1 (25.00%) SQL Server
Development Applications
1 1 (25.00%) JIRA
General
1 4 (100.00%) Banking
1 4 (100.00%) Finance
2 2 (50.00%) Social Skills
3 1 (25.00%) Back Office
3 1 (25.00%) Corporate Banking
3 1 (25.00%) General Ledger
3 1 (25.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 2 (50.00%) XML
2 1 (25.00%) FpML
Miscellaneous
1 1 (25.00%) Fixed Income
1 1 (25.00%) Management Information System
Processes & Methodologies
1 2 (50.00%) Business Analysis
1 2 (50.00%) Cybersecurity
1 2 (50.00%) Migration
1 2 (50.00%) Risk Management
2 1 (25.00%) Anti-Money Laundering
2 1 (25.00%) BPMN
2 1 (25.00%) Data Flow Diagram
2 1 (25.00%) Data Mapping
2 1 (25.00%) Identity Access Management
2 1 (25.00%) Information Architecture
2 1 (25.00%) IT Strategy
2 1 (25.00%) Problem-Solving
2 1 (25.00%) Regulatory Compliance
2 1 (25.00%) Software Testing
2 1 (25.00%) Stakeholder Management
2 1 (25.00%) System Integration Testing
2 1 (25.00%) Technical Analysis
2 1 (25.00%) Technical Architecture
2 1 (25.00%) Test Automation
2 1 (25.00%) User Acceptance Testing
Programming Languages
1 1 (25.00%) Python
Qualifications
1 1 (25.00%) AWS Certification
1 1 (25.00%) AWS Certified Solutions Architect
1 1 (25.00%) Azure Certification
1 1 (25.00%) Degree
Quality Assurance & Compliance
1 1 (25.00%) ISO 9001
Vendors
1 1 (25.00%) Databricks
1 1 (25.00%) Oracle
1 1 (25.00%) PeopleSoft