Period
to 23 September 2019

The table below looks at the prevalence of the term Banking 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 Banking over the 6 months to 23 September 2019 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.

Banking
Central London > City of London
6 months to
23 Sep 2019
Same period 2018 Same period 2017
Rank 11 6 4
Rank change year-on-year -5 -2 0
Contract jobs citing Banking 739 956 1,471
As % of all contract IT jobs advertised in the City of London 11.90% 13.92% 21.83%
As % of the General category 24.29% 26.45% 38.28%
Number of daily rates quoted 578 718 1,241
City of London median daily rate £549 £573 £550
Median daily rate % change year-on-year -4.15% +4.09% +4.76%
10th Percentile £371 £363 £400
90th Percentile £713 £725 £700
Central London median daily rate £538 £563 £550
% change year-on-year -4.44% +2.27% +4.76%
Number of hourly rates quoted 12 22 19
City of London median hourly rate £21.00 £18.70 £15.00
Median hourly rate % change year-on-year +12.30% +24.67% -25.00%
10th Percentile £16.52 £13.03 £14.50
90th Percentile £21.68 £21.30 £22.95
Central London median hourly rate £21.00 £18.70 £15.00
% change year-on-year +12.30% +24.67% -28.57%

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 the City of London with a requirement for common skills.

All General Skills
City of London
Contract vacancies with a requirement for common skills 3,043 3,615 3,843
As % of all contract IT jobs advertised in the City of London 48.99% 52.62% 57.04%
Number of daily rates quoted 2,311 2,788 3,062
City of London median daily rate £525 £525 £525
Median daily rate % change year-on-year - +0.05% +8.20%
10th Percentile £338 £318 £325
90th Percentile £688 £688 £688
Central London median daily rate £513 £525 £500
% change year-on-year -2.38% +5.00% +5.26%
Number of hourly rates quoted 30 67 40
City of London median hourly rate £21.00 £19.00 £18.75
Median hourly rate % change year-on-year +10.53% +1.33% -6.25%
10th Percentile £11.25 £13.00 £12.84
90th Percentile £56.88 £37.09 £33.25
Central London median hourly rate £21.00 £19.00 £18.70
% change year-on-year +10.53% +1.60% -6.50%

Banking
Job Vacancy Trend in the City of London

Job postings citing Banking as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Banking in the City of London

Banking
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 in the City of London.

Contractor daily rate trend for Banking in the City of London

Banking
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Banking in the City of London over the 6 months to 23 September 2019.

Contractor daily rate histogram for Banking in the City of London

Banking
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in the City of London.

Contractor hourly rate trend for Banking in the City of London

Banking
Contractor Hourly Rate Histogram in the City of London

The hourly rate distribution of IT jobs citing Banking in the City of London over the 6 months to 23 September 2019.

Contractor hourly rate histogram for Banking in the City of London

Banking
Contract Job Locations in the City of 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 City of London region over the 6 months to 23 September 2019. 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
London Bridge +7 8 £550 +15.79%
Moorgate -7 1 £450 -5.26%
Banking
Central London

For the 6 months to 23 September 2019, IT contractor jobs citing 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 City of London region with a requirement for Banking.

1 425 (57.51%) Finance
2 228 (30.85%) Agile Software Development
3 169 (22.87%) Investment Banking
4 148 (20.03%) Java
5 127 (17.19%) SQL
6 105 (14.21%) Windows
7 87 (11.77%) Microsoft
8 86 (11.64%) Python
9 77 (10.42%) Stakeholder Management
10 76 (10.28%) SQL Server
11 75 (10.15%) DevOps
12 71 (9.61%) Front Office
13 69 (9.34%) JavaScript
14 65 (8.80%) AWS
15 64 (8.66%) Linux
16 62 (8.39%) TDD
17 60 (8.12%) C#
17 60 (8.12%) Active Directory
18 59 (7.98%) Microservices
19 55 (7.44%) Project Management
20 53 (7.17%) Docker
21 52 (7.04%) JIRA
22 50 (6.77%) AngularJS
22 50 (6.77%) Oracle
23 49 (6.63%) .NET
23 49 (6.63%) Fintech
24 46 (6.22%) HTML
25 45 (6.09%) Migration
26 42 (5.68%) Kubernetes
27 41 (5.55%) Spring

Banking
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 36 (4.87%) Confluence
2 29 (3.92%) Apache Spark
3 19 (2.57%) Apache
3 19 (2.57%) MS Exchange
4 9 (1.22%) JBoss
5 8 (1.08%) Skype for Business
6 7 (0.95%) Appian
6 7 (0.95%) SharePoint
6 7 (0.95%) WebSphere
7 6 (0.81%) SAS
8 5 (0.68%) Adobe Experience Manager
8 5 (0.68%) Apache Airflow
8 5 (0.68%) CMS
9 4 (0.54%) Oracle Workflow
10 3 (0.41%) Blackberry Enterprise Server
10 3 (0.41%) Elasticsearch
10 3 (0.41%) IBM Notes
10 3 (0.41%) Mule
10 3 (0.41%) Oracle SOA Suite
10 3 (0.41%) SharePoint 2010
Applications
1 25 (3.38%) Microsoft Excel
2 24 (3.25%) Microsoft Office
3 10 (1.35%) Microsoft PowerPoint
4 8 (1.08%) MS Visio
5 5 (0.68%) Sketch
6 4 (0.54%) InVision
6 4 (0.54%) Spreadsheet
7 2 (0.27%) Marvel
7 2 (0.27%) Microsoft Project
7 2 (0.27%) Snagit
8 1 (0.14%) Adobe Creative Suite
8 1 (0.14%) Adobe Illustrator
8 1 (0.14%) Flinto
8 1 (0.14%) OmniGraffle
8 1 (0.14%) Zeplin
Business Applications
1 13 (1.76%) Actimize
2 8 (1.08%) Oracle FAH
2 8 (1.08%) Oracle General Ledger
2 8 (1.08%) Oracle Receivables
3 7 (0.95%) Oracle Assets
3 7 (0.95%) Oracle Cash Management
3 7 (0.95%) Oracle Internet Expenses
3 7 (0.95%) Oracle iProcurement
3 7 (0.95%) Oracle Payables
3 7 (0.95%) Oracle Subledger Accounting
4 6 (0.81%) Dynamics CRM
5 5 (0.68%) Oracle Procure-to-Pay
6 4 (0.54%) Salesforce.com CRM
6 4 (0.54%) Temenos T24
7 3 (0.41%) SAP Oil and Gas
8 2 (0.27%) ION MarketView
9 1 (0.14%) Bloomberg TOMS
9 1 (0.14%) Eagle PACE
9 1 (0.14%) Kondor
9 1 (0.14%) Oracle BPM
Cloud Services
1 65 (8.80%) AWS
2 41 (5.55%) Azure
3 29 (3.92%) GCP
4 19 (2.57%) Power Platform
5 17 (2.30%) Office 365
6 10 (1.35%) PaaS
6 10 (1.35%) SaaS
7 8 (1.08%) GitHub
7 8 (1.08%) Serverless
8 7 (0.95%) Cloud Computing
8 7 (0.95%) OpenShift
9 6 (0.81%) Amazon EC2
9 6 (0.81%) AWS Lambda
9 6 (0.81%) IaaS
10 5 (0.68%) Amazon S3
10 5 (0.68%) npm
11 4 (0.54%) Dynamics 365
12 3 (0.41%) AWS CloudFormation
12 3 (0.41%) Azure Active Directory
13 2 (0.27%) Virtual Private Cloud
Communications & Networking
1 20 (2.71%) DNS
2 13 (1.76%) Firewall
2 13 (1.76%) LAN
3 12 (1.62%) WAN
4 11 (1.49%) DHCP
5 9 (1.22%) Skype
5 9 (1.22%) TCP/IP
6 7 (0.95%) Network Security
7 5 (0.68%) NetScaler
7 5 (0.68%) Wireless
8 4 (0.54%) BGP
8 4 (0.54%) Cisco IOS
8 4 (0.54%) Cisco Nexus
8 4 (0.54%) FTP
8 4 (0.54%) HTTP
8 4 (0.54%) Kerberos
8 4 (0.54%) OSPF
8 4 (0.54%) VPN
9 3 (0.41%) Cisco ASA
9 3 (0.41%) Wireshark
Database & Business Intelligence
1 76 (10.28%) SQL Server
2 36 (4.87%) SQL Server Integration Services
3 35 (4.74%) Big Data
4 27 (3.65%) SQL Server Reporting Services
5 26 (3.52%) Hadoop
6 23 (3.11%) Data Warehouse
7 20 (2.71%) Oracle Database
8 19 (2.57%) Power BI
9 14 (1.89%) SQL Server Analysis Services
10 13 (1.76%) MySQL
10 13 (1.76%) NoSQL
10 13 (1.76%) Relational Database
11 12 (1.62%) Apache Hive
12 11 (1.49%) Oracle Database 12c
12 11 (1.49%) QlikView
13 10 (1.35%) Oracle Reports
14 8 (1.08%) Oracle Database 11g
14 8 (1.08%) PostgreSQL
14 8 (1.08%) Spark SQL
14 8 (1.08%) SQL Server 2014
Development Applications
1 52 (7.04%) JIRA
2 24 (3.25%) Jenkins
3 20 (2.71%) Git (software)
4 15 (2.03%) Cucumber
5 10 (1.35%) TeamCity
6 8 (1.08%) Selenium
7 7 (0.95%) IBM UrbanCode
7 7 (0.95%) RStudio
8 6 (0.81%) Team Foundation Server
8 6 (0.81%) webpack
9 5 (0.68%) Atlassian Bamboo
9 5 (0.68%) JUnit
9 5 (0.68%) Maven
10 4 (0.54%) Axure RP
10 4 (0.54%) Babel
10 4 (0.54%) Jasmine
10 4 (0.54%) Mocha
11 3 (0.41%) Bitbucket
11 3 (0.41%) Gradle
11 3 (0.41%) Sonatype Nexus
General
1 425 (57.51%) Finance
2 169 (22.87%) Investment Banking
3 71 (9.61%) Front Office
4 33 (4.47%) Retail Banking
5 24 (3.25%) Financial Institution
6 22 (2.98%) Retail
7 20 (2.71%) Back Office
8 15 (2.03%) International Banking
9 13 (1.76%) Advertising
9 13 (1.76%) German Language
9 13 (1.76%) Public Sector
9 13 (1.76%) Russian Language
10 11 (1.49%) Legal
11 8 (1.08%) Games
11 8 (1.08%) Law
12 6 (0.81%) Telecoms
13 5 (0.68%) Marketing
14 4 (0.54%) Publishing
15 3 (0.41%) Billing
16 2 (0.27%) Corporate Banking
Job Titles
1 237 (32.07%) Developer
2 112 (15.16%) Analyst
3 65 (8.80%) Java Developer
4 60 (8.12%) Business Analyst
5 46 (6.22%) Architect
6 41 (5.55%) Senior Developer
7 35 (4.74%) Project Manager
8 24 (3.25%) Administrator
8 24 (3.25%) SQL Developer
9 23 (3.11%) Banking Analyst
10 20 (2.71%) C# Developer
11 19 (2.57%) Angular Developer
11 19 (2.57%) Python Developer
12 18 (2.44%) DBA
12 18 (2.44%) Full Stack Developer
12 18 (2.44%) Senior Java Developer
13 17 (2.30%) .NET Developer
14 16 (2.17%) Designer
14 16 (2.17%) Windows Engineer
15 15 (2.03%) Solutions Architect
Libraries, Frameworks & Software Standards
1 50 (6.77%) AngularJS
2 49 (6.63%) .NET
3 46 (6.22%) HTML
4 41 (5.55%) Spring
5 36 (4.87%) CSS
6 31 (4.19%) React
7 29 (3.92%) Web Services
8 27 (3.65%) Spring Boot
8 27 (3.65%) XML
9 26 (3.52%) RESTful
10 23 (3.11%) Kafka
11 20 (2.71%) HTML5
12 19 (2.57%) Node.js
13 17 (2.30%) REST
14 16 (2.17%) Middleware
15 13 (1.76%) JSON
16 12 (1.62%) Sass
16 12 (1.62%) SOAP
17 11 (1.49%) .NET Core
18 10 (1.35%) Vue.js
Miscellaneous
1 37 (5.01%) Analytical Skills
2 36 (4.87%) Foreign Exchange (FX)
2 36 (4.87%) User Experience
3 31 (4.19%) Greenfield Project
4 20 (2.71%) Fixed Income
5 18 (2.44%) Equities
6 16 (2.17%) Derivative
7 13 (1.76%) SWIFT
8 12 (1.62%) Hedge funds
9 11 (1.49%) Credit Risk
10 10 (1.35%) Blackberry
10 10 (1.35%) Cloud Native
10 10 (1.35%) Mobile App
11 9 (1.22%) Market Risk
12 8 (1.08%) Management Information System
12 8 (1.08%) Mobile Banking
13 7 (0.95%) Algorithms
13 7 (0.95%) Data Structures
14 6 (0.81%) Clustering
14 6 (0.81%) Data Centre
Operating Systems
1 105 (14.21%) Windows
2 64 (8.66%) Linux
3 39 (5.28%) Windows 10
4 38 (5.14%) Unix
5 23 (3.11%) Windows 7
5 23 (3.11%) Windows Server
6 11 (1.49%) Android
7 6 (0.81%) Red Hat Enterprise Linux
8 5 (0.68%) Apple iOS
8 5 (0.68%) Windows Server 2008
9 4 (0.54%) Mac OS
9 4 (0.54%) Windows 8
9 4 (0.54%) Windows Server 2012
10 3 (0.41%) Solaris
11 2 (0.27%) Check Point GAiA
11 2 (0.27%) CoreOS
12 1 (0.14%) CentOS
Processes & Methodologies
1 228 (30.85%) Agile Software Development
2 77 (10.42%) Stakeholder Management
3 75 (10.15%) DevOps
4 62 (8.39%) TDD
5 59 (7.98%) Microservices
6 55 (7.44%) Project Management
7 49 (6.63%) Fintech
8 45 (6.09%) Migration
9 40 (5.41%) ITIL
10 38 (5.14%) SDLC
11 37 (5.01%) Analytics
11 37 (5.01%) Test Automation
12 36 (4.87%) Business Intelligence
13 31 (4.19%) BDD
13 31 (4.19%) Problem-Solving
13 31 (4.19%) Scrum
14 27 (3.65%) Risk Management
15 26 (3.52%) Asset Management
16 25 (3.38%) Low Latency
16 25 (3.38%) Visualisation
Programming Languages
1 148 (20.03%) Java
2 127 (17.19%) SQL
3 86 (11.64%) Python
4 69 (9.34%) JavaScript
5 60 (8.12%) C#
6 26 (3.52%) Scala
7 24 (3.25%) PowerShell
8 23 (3.11%) Java 8
9 14 (1.89%) Bash Shell
9 14 (1.89%) Go
9 14 (1.89%) TypeScript
10 13 (1.76%) C++
10 13 (1.76%) T-SQL
11 12 (1.62%) Perl
11 12 (1.62%) PL/SQL
11 12 (1.62%) R
12 11 (1.49%) Kotlin
12 11 (1.49%) VBA
13 10 (1.35%) Data Analysis Expressions (DAX)
14 8 (1.08%) Groovy
Qualifications
1 40 (5.41%) Degree
2 13 (1.76%) PMI Certification
3 12 (1.62%) Security Cleared
4 11 (1.49%) PMP
5 9 (1.22%) ISTQB
5 9 (1.22%) ITIL Certification
5 9 (1.22%) SC Cleared
6 7 (0.95%) OCP
6 7 (0.95%) Oracle Certification
7 6 (0.81%) Numerate Degree
7 6 (0.81%) OCA
8 5 (0.68%) CISA
8 5 (0.68%) Cisco Certification
8 5 (0.68%) CISM
8 5 (0.68%) CISSP
8 5 (0.68%) ISEB
8 5 (0.68%) Microsoft Certification
9 4 (0.54%) A+ Certification
9 4 (0.54%) Citrix Certification
9 4 (0.54%) PRINCE2 Certification
Quality Assurance & Compliance
1 24 (3.25%) PMO
2 22 (2.98%) QA
3 13 (1.76%) PSD2
4 9 (1.22%) GDPR
5 8 (1.08%) SEPA
6 5 (0.68%) MiFID
6 5 (0.68%) SLA
7 4 (0.54%) Data Quality
8 3 (0.41%) P3O
9 2 (0.27%) Basel III
9 2 (0.27%) EMIR
10 1 (0.14%) COBIT
10 1 (0.14%) COREP
10 1 (0.14%) FINREP
10 1 (0.14%) IFRS
10 1 (0.14%) IFRS 9
10 1 (0.14%) ITGC
10 1 (0.14%) NIST
10 1 (0.14%) Solvency II
System Software
1 60 (8.12%) Active Directory
2 53 (7.17%) Docker
3 34 (4.60%) XenApp
4 31 (4.19%) XenDesktop
5 13 (1.76%) Oracle RAC
6 11 (1.49%) VMware Infrastructure
7 4 (0.54%) HDFS
8 3 (0.41%) Citrix Hypervisor
8 3 (0.41%) Hyper-V
8 3 (0.41%) ProxySG
8 3 (0.41%) VMware Workstation
8 3 (0.41%) vSphere
9 2 (0.27%) Cronacle
9 2 (0.27%) KVM
9 2 (0.27%) Veritas File System
9 2 (0.27%) Veritas Volume Manager
9 2 (0.27%) Virtual Machines
10 1 (0.14%) Apache ZooKeeper
10 1 (0.14%) Virtual Desktop
10 1 (0.14%) VMware ESXi
Systems Management
1 42 (5.68%) Kubernetes
2 27 (3.65%) Ansible
3 23 (3.11%) Terraform
4 20 (2.71%) SCCM
5 12 (1.62%) Data Guard
6 6 (0.81%) Microsoft Clustering
6 6 (0.81%) Oracle RMAN
6 6 (0.81%) Single Sign-On
6 6 (0.81%) Symantec Endpoint Protection
7 5 (0.68%) Microsoft Intune
8 4 (0.54%) Perfmon
8 4 (0.54%) WMI
9 3 (0.41%) Simpana
10 2 (0.27%) Hadoop YARN
10 2 (0.27%) Istio
11 1 (0.14%) Cisco UCCX
11 1 (0.14%) Kibana
11 1 (0.14%) Opscode Chef
11 1 (0.14%) Puppet
11 1 (0.14%) XenMobile
Vendors
1 87 (11.77%) Microsoft
2 50 (6.77%) Oracle
3 40 (5.41%) Citrix
4 22 (2.98%) Google
5 18 (2.44%) VMware
6 15 (2.03%) Tableau
7 14 (1.89%) Cisco
8 13 (1.76%) Bloomberg
9 11 (1.49%) Reuters
10 10 (1.35%) HP
10 10 (1.35%) Red Hat
10 10 (1.35%) Sybase
11 9 (1.22%) Adobe
11 9 (1.22%) IBM
11 9 (1.22%) MuleSoft
12 8 (1.08%) Symantec
13 7 (0.95%) Atlassian
13 7 (0.95%) Splunk
14 6 (0.81%) Salesforce.com
14 6 (0.81%) TIBCO