Financial Institution Contracts in the City of London

Financial Institution
Central London > City of London

The table below looks at the prevalence of the term Financial Institution 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 Financial Institution 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 79 107 55
Rank change year-on-year +28 -52 +58
Contract jobs citing Financial Institution 46 66 187
As % of all contract jobs advertised in the City of London 2.09% 1.81% 4.42%
As % of the General category 3.15% 2.92% 7.66%
Number of daily rates quoted 38 46 72
10th Percentile £297 £444 £246
25th Percentile £465 £616 £313
Median daily rate (50th Percentile) £650 £700 £413
Median % change year-on-year -7.14% +69.70% -31.96%
75th Percentile £775 £814 £588
90th Percentile £808 £844 £643
Central London median daily rate £650 £700 £413
% change year-on-year -7.14% +69.70% -31.96%

All General Skills
City of London

Financial Institution 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%

Financial Institution
Job Vacancy Trend in the City of London

Job postings citing Financial Institution as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Financial Institution in the City of London

Financial Institution
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Financial Institution in the City of London

Financial Institution
Daily Rate Histogram in the City of London

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

Daily rate histogram for Financial Institution in the City of London

Financial Institution
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for Financial Institution in the City of London

Financial Institution
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 3 (6.52%) IBM Domino
1 3 (6.52%) IBM Notes
Applications
1 5 (10.87%) Microsoft Office
Business Applications
1 1 (2.17%) Loan IQ
Cloud Services
1 13 (28.26%) Microsoft 365
2 12 (26.09%) Azure
3 6 (13.04%) Azure Key Vault
3 6 (13.04%) Entra ID
3 6 (13.04%) Power Automate
3 6 (13.04%) Power Platform
3 6 (13.04%) PowerApps
4 2 (4.35%) Cloud Computing
5 1 (2.17%) Azure DevOps
Communications & Networking
1 3 (6.52%) DNS
1 3 (6.52%) SMTP
1 3 (6.52%) TCP/IP
1 3 (6.52%) Unified Communications
Database & Business Intelligence
1 6 (13.04%) Power BI
Development Applications
1 1 (2.17%) Artifactory
1 1 (2.17%) Bitbucket
1 1 (2.17%) Cucumber
1 1 (2.17%) Jenkins
1 1 (2.17%) JIRA
1 1 (2.17%) Selenium
1 1 (2.17%) TeamCity
General
1 46 (100.00%) Finance
2 13 (28.26%) Banking
3 7 (15.22%) Social Skills
4 6 (13.04%) Analytical Skills
5 4 (8.70%) Advertising
5 4 (8.70%) International Banking
6 2 (4.35%) Investment Banking
7 1 (2.17%) Front Office
Job Titles
1 11 (23.91%) Architect
2 8 (17.39%) Analyst
3 6 (13.04%) Business Analyst
3 6 (13.04%) Platform Architect
3 6 (13.04%) Power Platform Architect
4 5 (10.87%) Security Architect
5 4 (8.70%) Azure Architect
5 4 (8.70%) Project Manager
5 4 (8.70%) Regulatory Business Analyst
5 4 (8.70%) Support Engineer
5 4 (8.70%) Systems Architect
6 3 (6.52%) IT Engineer
6 3 (6.52%) IT Support
6 3 (6.52%) IT Support Engineer
6 3 (6.52%) Microsoft 365 Engineer
6 3 (6.52%) Senior
6 3 (6.52%) Unified Communications Engineer
7 2 (4.35%) Business Continuity Analyst
7 2 (4.35%) Payments Business Analyst
7 2 (4.35%) Security Administrator
Libraries, Frameworks & Software Standards
1 6 (13.04%) JSON
1 6 (13.04%) Microsoft Graph
1 6 (13.04%) REST
1 6 (13.04%) XML
2 2 (4.35%) SailPoint
3 1 (2.17%) Middleware
Miscellaneous
1 4 (8.70%) PKI
1 4 (8.70%) Security Posture
2 3 (6.52%) Data Centre
3 2 (4.35%) Legacy Systems
3 2 (4.35%) Management Information System
3 2 (4.35%) Product Ownership
4 1 (2.17%) Algorithms
4 1 (2.17%) Cyberattack
4 1 (2.17%) Derivative
4 1 (2.17%) Distributed Denial-of-Service
4 1 (2.17%) Onboarding
4 1 (2.17%) OTC Derivatives
4 1 (2.17%) Security Operations Centre
4 1 (2.17%) SWIFT Messaging Network
Operating Systems
1 5 (10.87%) Windows
2 3 (6.52%) Windows 7
3 1 (2.17%) Linux
3 1 (2.17%) Unix
3 1 (2.17%) Windows 10
Processes & Methodologies
1 13 (28.26%) Cybersecurity
2 10 (21.74%) Risk Management
3 9 (19.57%) CI/CD
4 7 (15.22%) Data Loss Prevention
4 7 (15.22%) Regulatory Compliance
5 6 (13.04%) Business Intelligence
5 6 (13.04%) Network Virtualisation
5 6 (13.04%) XML Parsing
6 5 (10.87%) Agile
6 5 (10.87%) Project Management
7 4 (8.70%) GAP Analysis
7 4 (8.70%) Impact Assessments
7 4 (8.70%) Network Architecture
7 4 (8.70%) Process Improvement
7 4 (8.70%) Project Delivery
7 4 (8.70%) Resilience Testing
7 4 (8.70%) Zero Trust
8 3 (6.52%) Capacity Management
8 3 (6.52%) Machine Learning
8 3 (6.52%) Proactive Monitoring
Programming Languages
1 6 (13.04%) PowerShell
2 5 (10.87%) Python
3 4 (8.70%) C#
3 4 (8.70%) Java
4 3 (6.52%) Clojure
4 3 (6.52%) Haskell
4 3 (6.52%) Rust
5 2 (4.35%) Go
6 1 (2.17%) C++
6 1 (2.17%) SQL
Qualifications
1 2 (4.35%) Degree
2 1 (2.17%) (ISC)2 CCSP
2 1 (2.17%) CCSP
2 1 (2.17%) CEH
2 1 (2.17%) Cisco Certification
2 1 (2.17%) CISSP
2 1 (2.17%) Microsoft Certification
2 1 (2.17%) PMP
2 1 (2.17%) TOGAF Certification
Quality Assurance & Compliance
1 4 (8.70%) ISO/IEC 27001
2 3 (6.52%) NIST
2 3 (6.52%) QA
3 2 (4.35%) Basel III
3 2 (4.35%) GRC
3 2 (4.35%) ISO 22301
4 1 (2.17%) Cyber Essentials
4 1 (2.17%) ISAE 3402
4 1 (2.17%) PCI DSS
4 1 (2.17%) PMO
4 1 (2.17%) SLA
System Software
1 7 (15.22%) Active Directory
2 6 (13.04%) Virtual Machines
Systems Management
1 3 (6.52%) Kubernetes
2 1 (2.17%) Ansible
2 1 (2.17%) Microsoft Intune
2 1 (2.17%) Terraform
Vendors
1 17 (36.96%) Microsoft
2 4 (8.70%) IBM
3 3 (6.52%) Cisco
3 3 (6.52%) Lotus
3 3 (6.52%) Proofpoint
4 1 (2.17%) Atlassian
4 1 (2.17%) Calypso
4 1 (2.17%) HP
4 1 (2.17%) ServiceNow
4 1 (2.17%) Snow