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 in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 17 August 2025, comparing them to the same period in the previous two years.

6 months to
17 Aug 2025
Same period 2024 Same period 2023
Rank 9 11 12
Rank change year-on-year +2 +1 0
Contract jobs citing Banking 296 269 383
As % of all contract jobs advertised in the City of London 15.82% 13.05% 11.89%
As % of the General category 21.20% 19.20% 18.69%
Number of daily rates quoted 182 189 295
10th Percentile £404 £350 £463
25th Percentile £475 £500 £525
Median daily rate (50th Percentile) £625 £620 £640
Median % change year-on-year +0.81% -3.13% -1.54%
75th Percentile £725 £725 £750
90th Percentile £838 £838 £866
Central London median daily rate £610 £614 £634
% change year-on-year -0.65% -3.15% -2.46%
Number of hourly rates quoted 2 2 0
10th Percentile £87.63 - -
25th Percentile £89.69 - -
Median hourly rate £93.75 £27.00 -
Median % change year-on-year +247.22% - -
75th Percentile £97.19 - -
90th Percentile £98.88 - -
Central London median hourly rate £93.75 £27.00 -
% change year-on-year +247.22% - -

All General Skills
City of London

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in the City of London.

Contract vacancies with a requirement for common skills 1,396 1,401 2,049
As % of all contract IT jobs advertised in the City of London 74.61% 67.98% 63.63%
Number of daily rates quoted 916 921 1,433
10th Percentile £325 £363 £363
25th Percentile £424 £463 £475
Median daily rate (50th Percentile) £550 £575 £600
Median % change year-on-year -4.35% -4.17% +4.35%
75th Percentile £688 £700 £730
90th Percentile £775 £800 £825
Central London median daily rate £550 £575 £600
% change year-on-year -4.35% -4.17% +4.35%
Number of hourly rates quoted 22 10 10
10th Percentile £17.35 £13.73 £14.05
25th Percentile £24.66 £17.06 £14.25
Median hourly rate £29.75 £27.00 £17.63
Median % change year-on-year +10.19% +53.19% -56.48%
75th Percentile £63.75 £74.38 £35.69
90th Percentile £86.43 £98.13 £44.96
Central London median hourly rate £31.00 £27.00 £22.75
% change year-on-year +14.81% +18.68% -40.13%

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 17 August 2025.

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 17 August 2025.

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 17 August 2025. 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
Jobs
London Bridge - 3 - -
Moorgate - 1 £625 -
Banking
Central 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 18 (6.08%) Confluence
2 9 (3.04%) Apache Spark
3 5 (1.69%) SharePoint
4 3 (1.01%) CMS
4 3 (1.01%) SAS
5 2 (0.68%) Apache
5 2 (0.68%) Microsoft Exchange
6 1 (0.34%) Adobe Experience Manager
6 1 (0.34%) Camunda
6 1 (0.34%) Drupal
6 1 (0.34%) IIS
6 1 (0.34%) Oracle Workflow
6 1 (0.34%) Skype for Business
6 1 (0.34%) WebSphere
6 1 (0.34%) WordPress
Applications
1 29 (9.80%) Microsoft Excel
2 12 (4.05%) Microsoft Office
3 7 (2.36%) Microsoft PowerPoint
3 7 (2.36%) MS Visio
4 3 (1.01%) Microsoft Project
5 1 (0.34%) Adobe XD
5 1 (0.34%) InVision
5 1 (0.34%) Sketch
5 1 (0.34%) Spreadsheet
Business Applications
1 4 (1.35%) ION Anvil
1 4 (1.35%) Payment Gateway
2 3 (1.01%) Dynamics CRM
3 2 (0.68%) Aladdin
3 2 (0.68%) Fidessa
3 2 (0.68%) Oracle Assets
3 2 (0.68%) Oracle Cash Management
3 2 (0.68%) Oracle EBS
3 2 (0.68%) SAP S/4HANA
4 1 (0.34%) Loan IQ
4 1 (0.34%) Oracle Applications
4 1 (0.34%) Oracle E-Business Tax
4 1 (0.34%) Oracle Financials
4 1 (0.34%) Oracle Payables
4 1 (0.34%) Oracle Procure-to-Pay
4 1 (0.34%) Salesforce CRM
4 1 (0.34%) SAP CO
4 1 (0.34%) SAP FI
4 1 (0.34%) SAP FI/CO
4 1 (0.34%) Summit
Cloud Services
1 44 (14.86%) Azure
2 35 (11.82%) AWS
3 23 (7.77%) Power Platform
4 19 (6.42%) GCP
5 14 (4.73%) SaaS
6 10 (3.38%) Azure DevOps
6 10 (3.38%) Microsoft 365
7 7 (2.36%) Collibra
8 6 (2.03%) GitHub
9 5 (1.69%) Microsoft Purview
10 4 (1.35%) Amazon EKS
10 4 (1.35%) IaaS
11 3 (1.01%) Azure Monitor
11 3 (1.01%) Azure Sentinel
11 3 (1.01%) Dynamics 365
11 3 (1.01%) Figma
11 3 (1.01%) Google Kubernetes Engine
11 3 (1.01%) Miro
11 3 (1.01%) PowerApps
11 3 (1.01%) Serverless
Communications & Networking
1 11 (3.72%) Firewall
2 6 (2.03%) BGP
2 6 (2.03%) OSPF
3 4 (1.35%) DNS
3 4 (1.35%) Multicast
3 4 (1.35%) Unicast
4 3 (1.01%) SAN
4 3 (1.01%) WAN
5 2 (0.68%) FTP
5 2 (0.68%) HTTP
5 2 (0.68%) Internet
5 2 (0.68%) MPLS
5 2 (0.68%) SD-WAN
5 2 (0.68%) SMTP
5 2 (0.68%) SSL
5 2 (0.68%) TCP/IP
5 2 (0.68%) VPN
6 1 (0.34%) Cisco Nexus
6 1 (0.34%) DHCP
6 1 (0.34%) LAN
Database & Business Intelligence
1 18 (6.08%) Power BI
2 13 (4.39%) SQL Server
3 8 (2.70%) Data Mining
3 8 (2.70%) Hadoop
4 7 (2.36%) Big Data
4 7 (2.36%) Data Lake
4 7 (2.36%) Data Warehouse
4 7 (2.36%) Metadata
4 7 (2.36%) Tableau
5 6 (2.03%) Apache Hive
5 6 (2.03%) NoSQL
6 5 (1.69%) Delta Lake
6 5 (1.69%) Elasticsearch
7 4 (1.35%) MongoDB
7 4 (1.35%) Oracle Database
7 4 (1.35%) PostgreSQL
7 4 (1.35%) SQL Server Reporting Services
8 3 (1.01%) BigQuery
8 3 (1.01%) Relational Database
9 2 (0.68%) Looker
Development Applications
1 32 (10.81%) JIRA
2 13 (4.39%) Jenkins
3 6 (2.03%) Git
4 4 (1.35%) Bitbucket
5 3 (1.01%) Cypress.io
5 3 (1.01%) GitLab
5 3 (1.01%) TeamCity
6 2 (0.68%) Artifactory
6 2 (0.68%) Selenium
6 2 (0.68%) Storybook
6 2 (0.68%) Zephyr
7 1 (0.34%) Android Studio
7 1 (0.34%) Appium
7 1 (0.34%) Babel
7 1 (0.34%) Bitbucket Server
7 1 (0.34%) Browser DevTools
7 1 (0.34%) Gatling
7 1 (0.34%) IBM UrbanCode
7 1 (0.34%) Postman
7 1 (0.34%) webpack
General
1 197 (66.55%) Finance
2 92 (31.08%) Social Skills
3 76 (25.68%) Investment Banking
4 45 (15.20%) Analytical Skills
5 31 (10.47%) Front Office
6 30 (10.14%) Financial Institution
7 16 (5.41%) Retail Banking
8 14 (4.73%) Corporate Banking
9 13 (4.39%) Retail
10 12 (4.05%) International Banking
11 9 (3.04%) Back Office
12 7 (2.36%) Legal
12 7 (2.36%) Organisational Skills
13 6 (2.03%) Documentation Skills
13 6 (2.03%) Inclusion and Diversity
13 6 (2.03%) Presentation Skills
14 4 (1.35%) Public Sector
15 3 (1.01%) General Ledger
15 3 (1.01%) Influencing Skills
15 3 (1.01%) Private Banking
Job Titles
1 55 (18.58%) Analyst
2 43 (14.53%) Developer
3 34 (11.49%) Architect
4 32 (10.81%) Senior
5 29 (9.80%) Business Analyst
6 18 (6.08%) Consultant
7 16 (5.41%) Project Manager
8 15 (5.07%) Solutions Architect
9 13 (4.39%) Lead
10 12 (4.05%) Data Analyst
11 11 (3.72%) Java Developer
12 9 (3.04%) Data Engineer
12 9 (3.04%) IT Manager
12 9 (3.04%) Risk Consultant
12 9 (3.04%) Senior Consultant
13 8 (2.70%) Software Engineer
14 7 (2.36%) Delivery Manager
14 7 (2.36%) Payments Analyst
14 7 (2.36%) React Developer
15 6 (2.03%) Transformation Manager
Libraries, Frameworks & Software Standards
1 24 (8.11%) .NET
2 13 (4.39%) React
3 12 (4.05%) HTML
4 11 (3.72%) PySpark
5 10 (3.38%) Spring
5 10 (3.38%) Spring Boot
6 8 (2.70%) AngularJS
6 8 (2.70%) CSS
6 8 (2.70%) HTML5
7 7 (2.36%) FIX Protocol
7 7 (2.36%) JSON
7 7 (2.36%) Kafka
7 7 (2.36%) XML
8 6 (2.03%) REST
8 6 (2.03%) RESTful
8 6 (2.03%) TensorFlow
9 5 (1.69%) Elastic Stack
10 4 (1.35%) CSS3
11 3 (1.01%) Flask
11 3 (1.01%) Node.js
Miscellaneous
1 20 (6.76%) Foreign Exchange (FX)
2 16 (5.41%) Cloud Native
3 14 (4.73%) Fixed Income
4 13 (4.39%) Onboarding
5 12 (4.05%) Credit Risk
5 12 (4.05%) Product Ownership
5 12 (4.05%) SWIFT Messaging Network
6 10 (3.38%) Derivative
6 10 (3.38%) Distributed Systems
7 8 (2.70%) Equities
7 8 (2.70%) Market Risk
8 6 (2.03%) Legacy Systems
8 6 (2.03%) Management Information System
9 5 (1.69%) Algorithms
9 5 (1.69%) Hybrid Cloud
9 5 (1.69%) Replication
9 5 (1.69%) Self-Motivation
10 4 (1.35%) Data Centre
10 4 (1.35%) Low-Code
10 4 (1.35%) Mobile App
Operating Systems
1 24 (8.11%) Windows
2 14 (4.73%) Linux
3 5 (1.69%) Android
3 5 (1.69%) Apple iOS
4 4 (1.35%) Windows Server
5 3 (1.01%) Unix
6 2 (0.68%) Windows Server 2016
7 1 (0.34%) CentOS
7 1 (0.34%) Windows 10
Processes & Methodologies
1 80 (27.03%) Agile
2 58 (19.59%) Problem-Solving
3 43 (14.53%) Stakeholder Management
4 36 (12.16%) DevOps
5 35 (11.82%) Analytics
6 31 (10.47%) Risk Management
7 28 (9.46%) CI/CD
8 27 (9.12%) Project Management
8 27 (9.12%) Roadmaps
9 24 (8.11%) Microservices
10 23 (7.77%) Fintech
11 22 (7.43%) SDLC
11 22 (7.43%) Software Engineering
12 21 (7.09%) Migration
13 20 (6.76%) Data Modelling
14 19 (6.42%) Business Intelligence
14 19 (6.42%) ITIL
14 19 (6.42%) Scrum
15 18 (6.08%) User Acceptance Testing
16 17 (5.74%) Artificial Intelligence
Programming Languages
1 58 (19.59%) SQL
2 48 (16.22%) Python
3 33 (11.15%) Java
4 21 (7.09%) JavaScript
5 20 (6.76%) C#
6 10 (3.38%) PowerShell
7 9 (3.04%) TypeScript
8 7 (2.36%) Scala
9 3 (1.01%) Bicep
9 3 (1.01%) PL/SQL
10 2 (0.68%) DAML
10 2 (0.68%) Go
10 2 (0.68%) Kotlin
10 2 (0.68%) Objective-C
10 2 (0.68%) R
10 2 (0.68%) Swift
10 2 (0.68%) T-SQL
10 2 (0.68%) VBA
11 1 (0.34%) ABAP
11 1 (0.34%) VB.NET
Qualifications
1 27 (9.12%) Degree
2 8 (2.70%) Computer Science Degree
3 7 (2.36%) Cisco Certification
4 6 (2.03%) Azure Certification
4 6 (2.03%) Master's Degree
4 6 (2.03%) PhD
5 4 (1.35%) AWS Certification
5 4 (1.35%) CISSP
5 4 (1.35%) PMI Certification
5 4 (1.35%) PMP
6 3 (1.01%) CCIE
6 3 (1.01%) CCNP
6 3 (1.01%) CISA
6 3 (1.01%) Microsoft Certification
7 2 (0.68%) CBAP
7 2 (0.68%) CISM
7 2 (0.68%) ISTQB
7 2 (0.68%) JNCIS
7 2 (0.68%) PRINCE2 Certification
7 2 (0.68%) Security Cleared
Quality Assurance & Compliance
1 17 (5.74%) QA
2 13 (4.39%) Data Quality
3 9 (3.04%) PMO
4 8 (2.70%) Basel II
5 7 (2.36%) GDPR
5 7 (2.36%) ISO/IEC 27001
5 7 (2.36%) SEPA
6 4 (1.35%) IFRS
6 4 (1.35%) ISO 20022
6 4 (1.35%) MiFID
7 3 (1.01%) NIST
8 2 (0.68%) Accessibility
8 2 (0.68%) Basel III
8 2 (0.68%) EMIR
8 2 (0.68%) GAAP
8 2 (0.68%) IFRS 9
8 2 (0.68%) PCI DSS
8 2 (0.68%) SOC 2
9 1 (0.34%) ISO 9001
9 1 (0.34%) Sarbanes-Oxley
System Software
1 9 (3.04%) Docker
2 4 (1.35%) Active Directory
3 2 (0.68%) Virtual Desktop
4 1 (0.34%) Hyper-V
4 1 (0.34%) Microsoft App-V
4 1 (0.34%) Tivoli Workload Scheduler
4 1 (0.34%) Virtual Servers
4 1 (0.34%) VMware Infrastructure
Systems Management
1 14 (4.73%) Kubernetes
2 9 (3.04%) Terraform
3 5 (1.69%) ITRS Geneos
3 5 (1.69%) Kibana
3 5 (1.69%) logstash
4 4 (1.35%) Ansible
5 3 (1.01%) NetBackup
5 3 (1.01%) SCCM
5 3 (1.01%) Tivoli Storage Manager
6 2 (0.68%) Grafana
6 2 (0.68%) HP ALM
6 2 (0.68%) Microsoft Intune
6 2 (0.68%) Prometheus
7 1 (0.34%) Icinga
7 1 (0.34%) Istio
7 1 (0.34%) Nagios
7 1 (0.34%) Observium
7 1 (0.34%) PingFederate
7 1 (0.34%) WMI
7 1 (0.34%) WSUS
Vendors
1 28 (9.46%) Microsoft
2 20 (6.76%) Oracle
3 10 (3.38%) Google
3 10 (3.38%) IBM
4 9 (3.04%) Citrix
5 7 (2.36%) Databricks
6 6 (2.03%) Arista
7 5 (1.69%) Cisco
7 5 (1.69%) Informatica
7 5 (1.69%) ION Trading
7 5 (1.69%) ServiceNow
7 5 (1.69%) Solace
8 4 (1.35%) Adobe
8 4 (1.35%) SAP
9 3 (1.01%) Bloomberg
9 3 (1.01%) HP
9 3 (1.01%) Salesforce
9 3 (1.01%) SolarWinds
9 3 (1.01%) UiPath
9 3 (1.01%) Veeam