The median contractor rate for a Banking Business Analyst was £475 per day in advertised job vacancies in the City of London during the 3 months to 28 June 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Business Analyst - Banking
London / City of London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 161 150 180
Rank change year-on-year -11 +30  
Contract jobs requiring a Banking Business Analyst 5 15 25
As % of all contract IT jobs advertised in the City of London 0.15% 0.45% 0.44%
As % of the Job Titles category 0.16% 0.46% 0.46%
Number of daily rates quoted 5 12 19
Median daily rate £475 £494 £438
Median daily rate % change year-on-year -3.79% +12.85%  
90% offered a daily rate of more than £445 £400 £366
10% offered a daily rate of more than £570 £598 £675
UK excluding London median daily rate £400 £395 £365
% change year-on-year +1.20% +8.28%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 3113 3230 5440
As % of all contract IT job vacancies advertised in the City of London 95.40% 95.93% 94.76%
Number of daily rates quoted 2382 2617 4191
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £325 £313 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 39 39 96
Median hourly rate £18.70 £19.00 £19.72
Median hourly rate % change year-on-year -1.57% -3.62%  
90% offered a hourly rate of more than £12.93 £14.70 £10.50
10% offered a hourly rate of more than £30.00 £31.50 £37.05
UK excluding London median hourly rate £17.50 £17.50 £16.14
% change year-on-year - +8.42%  

Banking Business Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Banking Business Analyst in the job title.

Job vacancy trend for Banking Business Analyst in the City of London

Banking Business Analyst
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking Business Analyst in the City of London.

Contractor daily rate trend for Banking Business Analyst in the City of London

Banking Business Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Banking Business Analyst in the City of London over the 3 months to 28 June 2017.

Contractor daily rate histogram for Banking Business Analyst in the City of London

Banking Business Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 28 June 2017, Banking Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region featuring Banking Business Analyst in the job title.

1 19 (100.00%) Banking
2 9 (47.37%) Finance
3 8 (42.11%) Business Analysis
4 7 (36.84%) QA
5 5 (26.32%) Test Scripting
5 5 (26.32%) Loan IQ
5 5 (26.32%) Wholesale Banking
5 5 (26.32%) FLEXCUBE
6 4 (21.05%) MiFID
6 4 (21.05%) Stakeholder Management
7 3 (15.79%) Dodd-Frank
7 3 (15.79%) User Acceptance Testing
7 3 (15.79%) Microsoft
7 3 (15.79%) Investment Banking
8 2 (10.53%) Private Banking
8 2 (10.53%) Use Case
8 2 (10.53%) Analytical Skills
8 2 (10.53%) SDLC
8 2 (10.53%) Anti-Money Laundering
8 2 (10.53%) SEPA
8 2 (10.53%) ISEB
8 2 (10.53%) Foreign Exchange (FX)
8 2 (10.53%) Microsoft Office
8 2 (10.53%) SQL
8 2 (10.53%) CRM
8 2 (10.53%) Agile Software Development
8 2 (10.53%) Scrum
8 2 (10.53%) Fixed Income
8 2 (10.53%) Front Office
9 1 (5.26%) Risk Management

Banking Business Analyst Skill Set
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:

Applications
1 2 (10.53%) Microsoft Office
2 1 (5.26%) Microsoft Excel
Business Applications
1 5 (26.32%) FLEXCUBE
1 5 (26.32%) Loan IQ
2 1 (5.26%) Dynamics CRM
Database & Business Intelligence
1 1 (5.26%) SQL Server
Development Applications
1 1 (5.26%) Team Foundation Server
1 1 (5.26%) Visual Studio
General
1 19 (100.00%) Banking
2 9 (47.37%) Finance
3 5 (26.32%) Wholesale Banking
4 3 (15.79%) Investment Banking
5 2 (10.53%) Front Office
5 2 (10.53%) Private Banking
6 1 (5.26%) Advertising
6 1 (5.26%) Corporate Banking
6 1 (5.26%) Marketing
6 1 (5.26%) Retail
6 1 (5.26%) Retail Banking
Libraries, Frameworks & Software Standards
1 1 (5.26%) FpML
1 1 (5.26%) XML
Miscellaneous
1 2 (10.53%) Analytical Skills
1 2 (10.53%) Fixed Income
1 2 (10.53%) Foreign Exchange (FX)
2 1 (5.26%) Credit Risk
2 1 (5.26%) Equities
2 1 (5.26%) Fintech
2 1 (5.26%) Hedge funds
2 1 (5.26%) Market Risk
2 1 (5.26%) User Experience
Processes & Methodologies
1 8 (42.11%) Business Analysis
2 5 (26.32%) Test Scripting
3 4 (21.05%) Stakeholder Management
4 3 (15.79%) User Acceptance Testing
5 2 (10.53%) Agile Software Development
5 2 (10.53%) Anti-Money Laundering
5 2 (10.53%) CRM
5 2 (10.53%) Scrum
5 2 (10.53%) SDLC
5 2 (10.53%) Use Case
6 1 (5.26%) Collateral Management
6 1 (5.26%) Credit Risk Management
6 1 (5.26%) Digital Marketing
6 1 (5.26%) E-Commerce
6 1 (5.26%) Migration
6 1 (5.26%) Risk Management
6 1 (5.26%) Stakeholder Engagement
6 1 (5.26%) Systems Analysis
6 1 (5.26%) Test Strategy
Programming Languages
1 2 (10.53%) SQL
Qualifications
1 2 (10.53%) ISEB
2 1 (5.26%) Degree
Quality Assurance & Compliance
1 7 (36.84%) QA
2 4 (21.05%) MiFID
3 3 (15.79%) Dodd-Frank
4 2 (10.53%) SEPA
5 1 (5.26%) EMIR
Vendors
1 3 (15.79%) Microsoft
2 1 (5.26%) Murex
2 1 (5.26%) Salesforce.com
City, London
Harvey Nash plc
Rate: £575 - £620 per day
Posted: 23 hours ago