Banking Contracts in the City of London

Banking
Central London > City of London

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 27 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 12 10 12
Rank change year-on-year -2 +2 -3
Contract jobs citing Banking 248 494 495
As % of all contract jobs advertised in the City of London 11.26% 13.58% 11.69%
As % of the General category 17.00% 21.83% 20.28%
Number of daily rates quoted 186 388 344
10th Percentile £350 £463 £425
25th Percentile £510 £538 £525
Median daily rate (50th Percentile) £588 £675 £650
Median % change year-on-year -12.96% +3.85% +13.04%
75th Percentile £725 £775 £750
90th Percentile £851 £888 £854
Central London median daily rate £595 £675 £650
% change year-on-year -11.85% +3.85% +13.04%
Number of hourly rates quoted 2 2 4
10th Percentile £31.43 - -
25th Percentile £38.06 - -
Median hourly rate £49.75 £21.00 £21.00
Median % change year-on-year +136.90% - -8.70%
75th Percentile £62.06 - £35.13
90th Percentile £69.08 - £60.55
Central London median hourly rate £49.75 £21.00 £21.00
% change year-on-year +136.90% - -8.70%

All General Skills
City of 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 the City of London with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,459 2,263 2,441
As % of all contract IT jobs advertised in the City of London 66.26% 62.22% 57.67%
Number of daily rates quoted 1,039 1,593 1,776
10th Percentile £340 £363 £354
25th Percentile £450 £500 £475
Median daily rate (50th Percentile) £575 £600 £575
Median % change year-on-year -4.17% +4.35% +4.55%
75th Percentile £694 £738 £680
90th Percentile £803 £825 £775
Central London median daily rate £560 £600 £570
% change year-on-year -6.67% +5.26% +6.05%
Number of hourly rates quoted 10 12 26
10th Percentile £19.53 £15.61 £18.50
25th Percentile £20.22 £19.32 £21.00
Median hourly rate £24.00 £28.00 £44.50
Median % change year-on-year -14.29% -37.08% +154.29%
75th Percentile £27.38 £55.00 £57.00
90th Percentile £52.60 £58.75 £64.13
Central London median hourly rate £25.00 £35.00 £44.50
% change year-on-year -28.57% -21.35% +122.50%

Banking
Job Vacancy Trend in the City of London

Job postings citing Banking as a proportion 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

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

Daily rate trend for Banking in the City of London

Banking
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Banking in the City of London over the 6 months to 27 April 2024.

Daily rate histogram for Banking in the City of London

Banking
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for Banking in the City of London

Banking
Hourly Rate Histogram in the City of London

Hourly rate distribution of jobs citing Banking in the City of London over the 6 months to 27 April 2024.

Hourly rate histogram for Banking in the City of London

Banking
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 26 (10.48%) Microsoft Exchange
2 21 (8.47%) SharePoint
3 5 (2.02%) SAS
4 4 (1.61%) Apache
5 3 (1.21%) Adobe Experience Manager
5 3 (1.21%) Apache Spark
5 3 (1.21%) Tomcat
6 2 (0.81%) CMS
6 2 (0.81%) Confluence
6 2 (0.81%) JBoss
6 2 (0.81%) 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%) Tornado
7 1 (0.40%) WebSphere
Applications
1 11 (4.44%) Microsoft Excel
2 8 (3.23%) Microsoft PowerPoint
2 8 (3.23%) Microsoft Project
3 6 (2.42%) Microsoft Office
3 6 (2.42%) MS Visio
4 1 (0.40%) Chatbot
Business Applications
1 3 (1.21%) Dynamics CRM
2 2 (0.81%) Fidessa
2 2 (0.81%) Temenos T24
3 1 (0.40%) Adobe Campaign
3 1 (0.40%) Advent Geneva
3 1 (0.40%) Front Arena
3 1 (0.40%) SAP ERP
3 1 (0.40%) SAP S/4HANA
3 1 (0.40%) Summit
Cloud Services
1 38 (15.32%) Azure
2 22 (8.87%) AWS
3 12 (4.84%) Microsoft 365
3 12 (4.84%) Power Platform
4 11 (4.44%) Microsoft Purview
5 9 (3.63%) GCP
6 6 (2.42%) OneDrive
7 5 (2.02%) Power Automate
8 4 (1.61%) Collibra
8 4 (1.61%) Dynamics 365
9 3 (1.21%) Cloud Computing
9 3 (1.21%) PaaS
9 3 (1.21%) PowerApps
9 3 (1.21%) SaaS
10 2 (0.81%) Amazon S3
10 2 (0.81%) Amazon SQS
10 2 (0.81%) Entra ID
10 2 (0.81%) IaaS
10 2 (0.81%) Kong
10 2 (0.81%) NuGet
Communications & Networking
1 26 (10.48%) Firewall
2 13 (5.24%) SAN
3 6 (2.42%) TCP/IP
4 4 (1.61%) FTP
4 4 (1.61%) HTTP
4 4 (1.61%) ICMP
4 4 (1.61%) POP3
4 4 (1.61%) SMTP
4 4 (1.61%) SSH
5 3 (1.21%) SD-WAN
5 3 (1.21%) WAN
6 2 (0.81%) DNS
6 2 (0.81%) Network Security
6 2 (0.81%) 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%) VoIP
7 1 (0.40%) Wi-Fi
Database & Business Intelligence
1 16 (6.45%) SQL Server
2 10 (4.03%) Relational Database
3 7 (2.82%) Data Warehouse
4 6 (2.42%) KDB
4 6 (2.42%) Metadata
5 5 (2.02%) NoSQL
5 5 (2.02%) Power BI
6 4 (1.61%) Elasticsearch
7 3 (1.21%) MongoDB
7 3 (1.21%) Tableau
8 2 (0.81%) Big Data
8 2 (0.81%) Data Mart
8 2 (0.81%) MySQL
8 2 (0.81%) Oracle Database
8 2 (0.81%) RDBMS
8 2 (0.81%) Sybase ASE
9 1 (0.40%) Impala
9 1 (0.40%) Oracle Reports
9 1 (0.40%) PostgreSQL
9 1 (0.40%) SQL Server Integration Services
Development Applications
1 12 (4.84%) Jenkins
2 11 (4.44%) TeamCity
3 10 (4.03%) Selenium
4 9 (3.63%) Git
5 8 (3.23%) JIRA
6 6 (2.42%) Bitbucket
6 6 (2.42%) GitLab
7 5 (2.02%) Cucumber
8 4 (1.61%) WebDriver
9 3 (1.21%) Visual Studio
10 2 (0.81%) Appium
10 2 (0.81%) PHPUnit
11 1 (0.40%) Babel
11 1 (0.40%) Postman
11 1 (0.40%) REST Assured
11 1 (0.40%) SOAtest
11 1 (0.40%) Sonatype Nexus
11 1 (0.40%) TestNG
11 1 (0.40%) webpack
11 1 (0.40%) Zephyr
General
1 134 (54.03%) Finance
2 72 (29.03%) Investment Banking
3 62 (25.00%) Social Skills
4 25 (10.08%) Front Office
5 24 (9.68%) Analytical Skills
6 14 (5.65%) Legal
7 13 (5.24%) Financial Institution
8 11 (4.44%) International Banking
9 8 (3.23%) Presentation Skills
9 8 (3.23%) Retail
9 8 (3.23%) Retail Banking
10 7 (2.82%) Prime Brokerage
11 6 (2.42%) Corporate Banking
12 5 (2.02%) Back Office
12 5 (2.02%) Documentation Skills
12 5 (2.02%) Organisational Skills
13 4 (1.61%) Advertising
14 2 (0.81%) Public Speaking
15 1 (0.40%) Inclusion and Diversity
15 1 (0.40%) Influencing Skills
Job Titles
1 53 (21.37%) Developer
2 50 (20.16%) Analyst
3 29 (11.69%) Architect
4 25 (10.08%) Senior
5 23 (9.27%) Business Analyst
6 17 (6.85%) Project Manager
7 15 (6.05%) Consultant
7 15 (6.05%) Data Analyst
8 14 (5.65%) Lead
8 14 (5.65%) Support Engineer
9 12 (4.84%) Java Developer
10 11 (4.44%) DevOps Engineer
10 11 (4.44%) Solutions Architect
11 10 (4.03%) Python Developer
12 9 (3.63%) C# Developer
13 8 (3.23%) Banking Analyst
13 8 (3.23%) Desktop Support
14 7 (2.82%) Financial Analyst
14 7 (2.82%) Service Analyst
14 7 (2.82%) Tester
Libraries, Frameworks & Software Standards
1 18 (7.26%) .NET
2 10 (4.03%) Spring
3 8 (3.23%) CSS
3 8 (3.23%) Spring Boot
4 7 (2.82%) FIX Protocol
4 7 (2.82%) React
5 6 (2.42%) HTML
5 6 (2.42%) Node.js
5 6 (2.42%) RabbitMQ
6 5 (2.02%) .NET Core
6 5 (2.02%) RESTful
6 5 (2.02%) WCF
6 5 (2.02%) WinForms
7 4 (1.61%) .NET Framework
7 4 (1.61%) AngularJS
7 4 (1.61%) Elastic Stack
7 4 (1.61%) Kafka
7 4 (1.61%) Middleware
8 3 (1.21%) HTML5 Canvas
8 3 (1.21%) jQuery
Miscellaneous
1 13 (5.24%) Video Conferencing
2 12 (4.84%) Foreign Exchange (FX)
3 10 (4.03%) Derivative
3 10 (4.03%) Equities
4 8 (3.23%) PKI
5 7 (2.82%) Market Risk
6 6 (2.42%) Management Information System
7 5 (2.02%) Distributed Systems
7 5 (2.02%) Product Ownership
8 4 (1.61%) Algorithms
8 4 (1.61%) Fixed Income
8 4 (1.61%) Mobile App
8 4 (1.61%) Security Posture
8 4 (1.61%) SWIFT Messaging Network
9 3 (1.21%) Reinsurance
10 2 (0.81%) Cyber Threat
10 2 (0.81%) Data Centre
10 2 (0.81%) Greenfield Project
10 2 (0.81%) Legacy Systems
10 2 (0.81%) Public Cloud
Operating Systems
1 34 (13.71%) Windows
2 14 (5.65%) Linux
3 13 (5.24%) Windows Server 2012
3 13 (5.24%) Windows Server 2016
4 11 (4.44%) Unix
5 4 (1.61%) Red Hat Enterprise Linux
6 2 (0.81%) Windows Server
7 1 (0.40%) Android
7 1 (0.40%) Apple iOS
Processes & Methodologies
1 46 (18.55%) Agile
2 28 (11.29%) Problem-Solving
3 26 (10.48%) Data Loss Prevention
4 25 (10.08%) Migration
5 24 (9.68%) DevOps
6 23 (9.27%) Project Management
7 22 (8.87%) Stakeholder Management
8 21 (8.47%) Cybersecurity
9 20 (8.06%) Microservices
10 19 (7.66%) CI/CD
11 18 (7.26%) Risk Management
12 17 (6.85%) Analytics
13 15 (6.05%) Computer Science
13 15 (6.05%) Disaster Recovery
13 15 (6.05%) GAP Analysis
13 15 (6.05%) Software Engineering
13 15 (6.05%) Test Automation
14 14 (5.65%) ITIL
15 13 (5.24%) PRINCE2
15 13 (5.24%) Validation
Programming Languages
1 41 (16.53%) Java
2 34 (13.71%) SQL
3 33 (13.31%) C#
3 33 (13.31%) Python
4 18 (7.26%) PowerShell
5 13 (5.24%) JavaScript
6 11 (4.44%) C++
7 5 (2.02%) TypeScript
8 3 (1.21%) PL/SQL
9 2 (0.81%) Data Analysis Expressions
9 2 (0.81%) Go
9 2 (0.81%) PHP
9 2 (0.81%) Shell Script
9 2 (0.81%) T-SQL
10 1 (0.40%) Clojure
10 1 (0.40%) Haskell
10 1 (0.40%) Perl
10 1 (0.40%) R
10 1 (0.40%) Scala
10 1 (0.40%) VBScript
Qualifications
1 24 (9.68%) Degree
2 11 (4.44%) Computer Science Degree
3 10 (4.03%) ITIL Certification
4 3 (1.21%) SC Cleared
4 3 (1.21%) Security Cleared
5 2 (0.81%) CISA
5 2 (0.81%) CISM
5 2 (0.81%) CISSP
5 2 (0.81%) CRISC
5 2 (0.81%) FFIEC
6 1 (0.40%) Azure Certification
6 1 (0.40%) CAPM
6 1 (0.40%) ITIL Foundation Certificate
6 1 (0.40%) MCP
6 1 (0.40%) Microsoft Certification
6 1 (0.40%) PMI Certification
6 1 (0.40%) PMP
6 1 (0.40%) Tableau Certification
Quality Assurance & Compliance
1 10 (4.03%) Data Quality
2 9 (3.63%) QA
3 7 (2.82%) SLA
4 5 (2.02%) ISO/IEC 27001
4 5 (2.02%) PMO
5 3 (1.21%) NIST
6 2 (0.81%) Accessibility
6 2 (0.81%) ISO 20022
6 2 (0.81%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
6 2 (0.81%) MiFID
6 2 (0.81%) PCI DSS
6 2 (0.81%) Sarbanes-Oxley
7 1 (0.40%) COBIT
7 1 (0.40%) EMIR
7 1 (0.40%) GRC
7 1 (0.40%) SEPA
System Software
1 25 (10.08%) Active Directory
2 4 (1.61%) Docker
3 1 (0.40%) HDFS
Systems Management
1 14 (5.65%) SCCM
2 8 (3.23%) PingFederate
3 6 (2.42%) Kubernetes
3 6 (2.42%) Microsoft Intune
3 6 (2.42%) Terraform
4 4 (1.61%) Ansible
4 4 (1.61%) Kibana
4 4 (1.61%) logstash
4 4 (1.61%) QRadar
5 2 (0.81%) Puppet
5 2 (0.81%) Single Sign-On
6 1 (0.40%) CASB
Vendors
1 46 (18.55%) Microsoft
2 17 (6.85%) Cisco
3 16 (6.45%) Citrix
4 14 (5.65%) CheckPoint
5 13 (5.24%) Avaya
5 13 (5.24%) EMC
5 13 (5.24%) HP
6 9 (3.63%) Bloomberg
7 8 (3.23%) Oracle
8 6 (2.42%) Google
8 6 (2.42%) ServiceNow
9 5 (2.02%) IBM
9 5 (2.02%) Red Hat
10 4 (1.61%) ArcSight
10 4 (1.61%) Reuters
10 4 (1.61%) Splunk
11 3 (1.21%) Adobe
11 3 (1.21%) Alteryx
11 3 (1.21%) Proofpoint
11 3 (1.21%) Symantec