Period
to 24 November 2017

The median contractor rate for a Financial Services Business Analyst was £538 per day in advertised job vacancies in the City of London during the 6 months to 24 November 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 - Financial Services
Central London > City of London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 236 232 257
Rank change year-on-year -4 +25 +38
Contract jobs requiring a Financial Services Business Analyst 5 8 14
As % of all contract IT jobs advertised in the City of London 0.070% 0.12% 0.15%
As % of the Job Titles category 0.074% 0.13% 0.16%
Number of daily rates quoted 4 5 14
City of London median daily rate £538 £425 £513
Median daily rate % change year-on-year +26.47% -17.15% +14.00%
10th Percentile £494 £346 £250
90th Percentile £563 £640 £650
Central London median daily rate £550 £425 £513
% change year-on-year +29.41% -17.15% +14.00%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6755 6365 8666
% of contract IT jobs with a recognized job title 94.46% 95.47% 95.35%
Number of daily rates quoted 5342 5051 6805
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £275
90th Percentile £688 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 90 77 128
City of London median hourly rate £18.00 £17.25 £19.25
Median hourly rate % change year-on-year +4.35% -10.39% +10.00%
10th Percentile £11.25 £11.50 £10.35
90th Percentile £30.75 £48.40 £39.13
Central London median hourly rate £18.40 £17.00 £18.00
% change year-on-year +8.22% -5.56% +5.88%

Financial Services Business Analyst
Job Vacancy Trend in the City of London

Job postings that featured Financial Services Business Analyst in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Financial Services Business Analyst in the City of London

Financial Services 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 Financial Services Business Analyst in the City of London.

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

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

For the 6 months to 24 November 2017, Financial Services 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 Financial Services Business Analyst in the job title.

1 5 (100.00%) Finance
2 3 (60.00%) Analytical Skills
3 2 (40.00%) Use Case
3 2 (40.00%) BPMN
3 2 (40.00%) Data Flow Diagram
3 2 (40.00%) User Stories
3 2 (40.00%) Banking
3 2 (40.00%) ISEB
4 1 (20.00%) CA
4 1 (20.00%) Informatica
4 1 (20.00%) CA Single Sign-On
4 1 (20.00%) SQL
4 1 (20.00%) Data Warehouse
4 1 (20.00%) ETL
4 1 (20.00%) HP
4 1 (20.00%) BusinessObjects
4 1 (20.00%) Validation
4 1 (20.00%) Stakeholder Management
4 1 (20.00%) Information Security
4 1 (20.00%) Data Management
4 1 (20.00%) Business Analysis
4 1 (20.00%) Change Management
4 1 (20.00%) Requirements Management
4 1 (20.00%) Business Development
4 1 (20.00%) Degree
4 1 (20.00%) Planview
4 1 (20.00%) CA PPM
4 1 (20.00%) QA
4 1 (20.00%) Regulatory Compliance
4 1 (20.00%) Client Onboarding

Financial Services 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:

Business Applications
1 1 (20.00%) CA PPM
Database & Business Intelligence
1 1 (20.00%) BusinessObjects
1 1 (20.00%) Data Warehouse
General
1 5 (100.00%) Finance
2 2 (40.00%) Banking
Miscellaneous
1 3 (60.00%) Analytical Skills
Processes & Methodologies
1 2 (40.00%) BPMN
1 2 (40.00%) Data Flow Diagram
1 2 (40.00%) Use Case
1 2 (40.00%) User Stories
2 1 (20.00%) Business Analysis
2 1 (20.00%) Business Development
2 1 (20.00%) Change Management
2 1 (20.00%) Client Onboarding
2 1 (20.00%) Data Governance
2 1 (20.00%) Data Management
2 1 (20.00%) ETL
2 1 (20.00%) Information Security
2 1 (20.00%) Regulatory Compliance
2 1 (20.00%) Requirements Management
2 1 (20.00%) Stakeholder Management
2 1 (20.00%) Validation
Programming Languages
1 1 (20.00%) SQL
Qualifications
1 2 (40.00%) ISEB
2 1 (20.00%) Degree
Quality Assurance & Compliance
1 1 (20.00%) PMO
1 1 (20.00%) QA
Systems Management
1 1 (20.00%) CA Single Sign-On
Vendors
1 1 (20.00%) Alteryx
1 1 (20.00%) CA
1 1 (20.00%) HP
1 1 (20.00%) Informatica
1 1 (20.00%) Planview