Investment Banking Contracts in the City of London

Investment Banking
Central London > City of London

The table below looks at the prevalence of the term Investment 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 Investment 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 55 46 61
Rank change year-on-year -9 +15 -1
Contract jobs citing Investment Banking 72 173 165
As % of all contract jobs advertised in the City of London 3.27% 4.76% 3.90%
As % of the General category 4.93% 7.64% 6.76%
Number of daily rates quoted 45 128 112
10th Percentile £460 £488 £555
25th Percentile £563 £606 £650
Median daily rate (50th Percentile) £700 £714 £725
Median % change year-on-year -1.93% -1.55% +13.73%
75th Percentile £813 £825 £800
90th Percentile £1,028 £1,063 £913
Central London median daily rate £700 £714 £725
% change year-on-year -1.93% -1.55% +13.73%

All General Skills
City of London

Investment 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%

Investment Banking
Job Vacancy Trend in the City of London

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

Job vacancy trend for Investment Banking in the City of London

Investment Banking
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Investment Banking in the City of London

Investment Banking
Daily Rate Histogram in the City of London

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

Daily rate histogram for Investment Banking in the City of London

Investment Banking
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for Investment Banking in the City of London

Investment 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 4 (5.56%) Microsoft Exchange
2 2 (2.78%) Adobe Experience Manager
2 2 (2.78%) Apache Spark
3 1 (1.39%) Apache
Applications
1 2 (2.78%) Microsoft Excel
2 1 (1.39%) Microsoft Office
2 1 (1.39%) Microsoft PowerPoint
Cloud Services
1 8 (11.11%) Azure
2 7 (9.72%) AWS
3 6 (8.33%) Power Platform
4 4 (5.56%) Dynamics 365
4 4 (5.56%) Power Automate
5 2 (2.78%) Amazon S3
5 2 (2.78%) Amazon SQS
5 2 (2.78%) NuGet
6 1 (1.39%) GCP
Communications & Networking
1 2 (2.78%) Firewall
Database & Business Intelligence
1 9 (12.50%) SQL Server
2 8 (11.11%) Relational Database
3 6 (8.33%) KDB
4 3 (4.17%) Data Warehouse
5 2 (2.78%) Data Mart
5 2 (2.78%) Metadata
5 2 (2.78%) MySQL
5 2 (2.78%) Oracle Database
5 2 (2.78%) Power BI
6 1 (1.39%) Apache Hive
6 1 (1.39%) Big Data
6 1 (1.39%) Hadoop
6 1 (1.39%) Impala
6 1 (1.39%) Oracle Reports
6 1 (1.39%) Spark SQL
6 1 (1.39%) Sqoop
6 1 (1.39%) Tableau
Development Applications
1 9 (12.50%) TeamCity
2 4 (5.56%) Bitbucket
2 4 (5.56%) Jenkins
3 3 (4.17%) JIRA
4 2 (2.78%) Git
4 2 (2.78%) GitLab
4 2 (2.78%) PHPUnit
General
1 72 (100.00%) Banking
2 24 (33.33%) Finance
3 22 (30.56%) Social Skills
4 17 (23.61%) Front Office
5 14 (19.44%) Analytical Skills
6 7 (9.72%) Retail
7 6 (8.33%) Corporate Banking
7 6 (8.33%) Retail Banking
8 2 (2.78%) Back Office
8 2 (2.78%) Financial Institution
8 2 (2.78%) Organisational Skills
8 2 (2.78%) Public Speaking
9 1 (1.39%) Inclusion and Diversity
9 1 (1.39%) Legal
9 1 (1.39%) Presentation Skills
9 1 (1.39%) Wholesale Banking
Job Titles
1 30 (41.67%) Developer
2 13 (18.06%) Analyst
3 9 (12.50%) C# Developer
3 9 (12.50%) Senior
4 8 (11.11%) Architect
5 7 (9.72%) Business Analyst
5 7 (9.72%) DevOps Engineer
6 6 (8.33%) Java Developer
6 6 (8.33%) Python Developer
6 6 (8.33%) Senior DevOps
6 6 (8.33%) Senior DevOps Engineer
7 5 (6.94%) Banking Analyst
7 5 (6.94%) Data Analyst
7 5 (6.94%) Project Manager
8 4 (5.56%) Market Analyst
8 4 (5.56%) Solutions Architect
9 3 (4.17%) .NET Developer
9 3 (4.17%) C# .NET Developer
9 3 (4.17%) Investment Banking Business Analyst
9 3 (4.17%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 13 (18.06%) .NET
2 5 (6.94%) .NET Core
2 5 (6.94%) RabbitMQ
2 5 (6.94%) WCF
2 5 (6.94%) WinForms
3 4 (5.56%) FIX Protocol
4 3 (4.17%) React
4 3 (4.17%) Spring
4 3 (4.17%) Spring Boot
5 2 (2.78%) AngularJS
5 2 (2.78%) Laravel
5 2 (2.78%) Middleware
5 2 (2.78%) Rendezvous
5 2 (2.78%) Symfony
5 2 (2.78%) Yii
6 1 (1.39%) CSS
6 1 (1.39%) DAO
6 1 (1.39%) HTML
6 1 (1.39%) Kafka
6 1 (1.39%) Node.js
Miscellaneous
1 6 (8.33%) Foreign Exchange (FX)
2 4 (5.56%) Derivative
2 4 (5.56%) Distributed Systems
2 4 (5.56%) Product Ownership
3 3 (4.17%) Algorithms
3 3 (4.17%) Fixed Income
4 2 (2.78%) Greenfield Project
4 2 (2.78%) Management Information System
4 2 (2.78%) Market Risk
5 1 (1.39%) Distributed Architecture
5 1 (1.39%) Equities
5 1 (1.39%) Legacy Code
5 1 (1.39%) Mobile App
5 1 (1.39%) Reference Data
5 1 (1.39%) Spread Betting
Operating Systems
1 9 (12.50%) Windows
2 7 (9.72%) Linux
3 2 (2.78%) Unix
Processes & Methodologies
1 14 (19.44%) Problem-Solving
2 13 (18.06%) Agile
3 11 (15.28%) DevOps
4 10 (13.89%) SDLC
4 10 (13.89%) Wealth Management
5 8 (11.11%) OO
5 8 (11.11%) Stakeholder Management
6 7 (9.72%) Microservices
6 7 (9.72%) Risk Management
7 6 (8.33%) Configuration Management
7 6 (8.33%) Continuous Integration
7 6 (8.33%) Migration
7 6 (8.33%) OOP
8 5 (6.94%) Analytics
8 5 (6.94%) Data Analysis
8 5 (6.94%) Electronic Trading
8 5 (6.94%) GAP Analysis
8 5 (6.94%) Project Management
9 4 (5.56%) Test Automation
9 4 (5.56%) Unit Testing
Programming Languages
1 21 (29.17%) C#
2 19 (26.39%) SQL
3 14 (19.44%) Python
4 11 (15.28%) Java
5 6 (8.33%) PowerShell
6 5 (6.94%) C++
7 2 (2.78%) Data Analysis Expressions
7 2 (2.78%) JavaScript
7 2 (2.78%) PHP
7 2 (2.78%) PL/SQL
7 2 (2.78%) T-SQL
7 2 (2.78%) TypeScript
8 1 (1.39%) Jython
Qualifications
1 4 (5.56%) Degree
2 1 (1.39%) Computer Science Degree
Quality Assurance & Compliance
1 5 (6.94%) SLA
2 2 (2.78%) PMO
2 2 (2.78%) QA
3 1 (1.39%) Data Quality
3 1 (1.39%) EMIR
3 1 (1.39%) MiFID
System Software
1 9 (12.50%) Active Directory
2 3 (4.17%) Docker
3 1 (1.39%) HDFS
Systems Management
1 2 (2.78%) Puppet
2 1 (1.39%) Ansible
2 1 (1.39%) Kubernetes
Vendors
1 8 (11.11%) Microsoft
2 5 (6.94%) Bloomberg
3 3 (4.17%) GoldenSource
3 3 (4.17%) Murex
3 3 (4.17%) Oracle
4 2 (2.78%) Adobe
4 2 (2.78%) Alteryx
4 2 (2.78%) Citrix
4 2 (2.78%) Solace
4 2 (2.78%) TIBCO
5 1 (1.39%) Progress
5 1 (1.39%) ServiceNow