Period
to 26 January 2020

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 26 January 2020 with a comparison to the same period over 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.

Investment Banking
Central London > City of London
6 months to
26 Jan 2020
Same period 2019 Same period 2018
Rank 88 80 25
Rank change year-on-year -8 -55 +11
Contract jobs citing Investment Banking 114 213 456
As % of all contract IT jobs advertised in the City of London 2.36% 3.13% 6.39%
As % of the General category 5.38% 5.91% 11.37%
Number of daily rates quoted 98 180 374
City of London median daily rate £613 £588 £575
Median daily rate % change year-on-year +4.26% +2.17% -4.17%
10th Percentile £354 £457 £363
90th Percentile £750 £775 £738
Central London median daily rate £625 £580 £575
% change year-on-year +7.76% +0.87% -2.13%
Number of hourly rates quoted 0 1 1
City of London median hourly rate - £32.50 £15.00
Median hourly rate % change year-on-year - +116.67% -81.25%
Central London median hourly rate - £32.50 £15.00
% change year-on-year - +116.67% -81.25%

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.

All General Skills
City of London
Contract vacancies with a requirement for common skills 2,117 3,605 4,012
As % of all contract IT jobs advertised in the City of London 43.77% 53.05% 56.23%
Number of daily rates quoted 1,581 2,741 3,206
City of London median daily rate £520 £525 £525
Median daily rate % change year-on-year -0.95% - +5.00%
10th Percentile £308 £300 £324
90th Percentile £700 £688 £700
Central London median daily rate £510 £525 £525
% change year-on-year -2.86% - +5.00%
Number of hourly rates quoted 25 43 50
City of London median hourly rate £21.00 £19.00 £21.11
Median hourly rate % change year-on-year +10.53% -10.01% -2.93%
10th Percentile £12.45 £13.00 £11.81
90th Percentile £35.00 £37.09 £37.38
Central London median hourly rate £21.00 £18.70 £21.24
% change year-on-year +12.30% -11.95% -2.36%

Investment Banking
Job Vacancy Trend in the City of London

Job postings citing Investment Banking as a percentage 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

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Investment Banking in the City of London.

Contractor daily rate trend for Investment Banking in the City of London

Investment Banking
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Investment Banking in the City of London over the 6 months to 26 January 2020.

Contractor daily rate histogram for Investment Banking in the City of London

Investment Banking
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Investment Banking in the City of London.

Contractor hourly rate trend for Investment Banking in the City of London

For the 6 months to 26 January 2020, IT contractor jobs citing Investment Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Investment Banking.

1 114 (100.00%) Banking
2 38 (33.33%) Finance
3 29 (25.44%) Agile Software Development
4 28 (24.56%) Front Office
5 26 (22.81%) Java
6 21 (18.42%) Python
7 18 (15.79%) SQL
7 18 (15.79%) HTML
7 18 (15.79%) Degree
8 17 (14.91%) Stakeholder Management
9 15 (13.16%) JIRA
10 14 (12.28%) JavaScript
10 14 (12.28%) CSS
10 14 (12.28%) AngularJS
10 14 (12.28%) Problem-Solving
11 12 (10.53%) Oracle
11 12 (10.53%) Greenfield Project
12 11 (9.65%) Fixed Income
12 11 (9.65%) Azure
13 10 (8.77%) HTML5
13 10 (8.77%) Confluence
13 10 (8.77%) TDD
13 10 (8.77%) Derivative
13 10 (8.77%) Foreign Exchange (FX)
13 10 (8.77%) Jenkins
13 10 (8.77%) SDLC
14 9 (7.89%) Windows
14 9 (7.89%) Legal
15 8 (7.02%) Scrum
15 8 (7.02%) Equities

Investment Banking
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:

Application Platforms
1 10 (8.77%) Confluence
2 4 (3.51%) IBM Notes
3 2 (1.75%) CMS
4 1 (0.88%) Oracle Coherence
4 1 (0.88%) SharePoint
4 1 (0.88%) SharePoint 2010
Applications
1 7 (6.14%) Microsoft Office
2 3 (2.63%) InVision
2 3 (2.63%) Sketch
3 2 (1.75%) Microsoft Excel
3 2 (1.75%) MS Visio
Business Applications
1 2 (1.75%) ION MarketView
2 1 (0.88%) Bloomberg TOMS
Cloud Services
1 11 (9.65%) Azure
2 5 (4.39%) AWS
3 4 (3.51%) GitHub
4 3 (2.63%) GCP
5 2 (1.75%) npm
6 1 (0.88%) Azure Functions
6 1 (0.88%) Serverless
Communications & Networking
1 4 (3.51%) Cisco IOS
1 4 (3.51%) Cisco Nexus
1 4 (3.51%) NAS
1 4 (3.51%) VoIP
2 3 (2.63%) Junos
2 3 (2.63%) NX-OS
3 2 (1.75%) NetScaler
3 2 (1.75%) TCP/IP
4 1 (0.88%) BGP
4 1 (0.88%) DHCP
4 1 (0.88%) DNS
4 1 (0.88%) Internet
4 1 (0.88%) IPsec
4 1 (0.88%) LAN
4 1 (0.88%) OSPF
4 1 (0.88%) TACACS
4 1 (0.88%) VPN
4 1 (0.88%) VRRP
4 1 (0.88%) Wireless
4 1 (0.88%) WLAN
Database & Business Intelligence
1 8 (7.02%) SQL Server
2 4 (3.51%) Relational Database
3 3 (2.63%) Big Data
4 2 (1.75%) BusinessObjects
4 2 (1.75%) Hadoop
4 2 (1.75%) SQL Server Integration Services
4 2 (1.75%) SQL Server Reporting Services
5 1 (0.88%) Apache Cassandra
5 1 (0.88%) Data Lake
5 1 (0.88%) Data Warehouse
5 1 (0.88%) DB2
5 1 (0.88%) KDB
5 1 (0.88%) Kdb+
5 1 (0.88%) MemSQL
5 1 (0.88%) MongoDB
5 1 (0.88%) MS Access
5 1 (0.88%) Oracle Reports
Development Applications
1 15 (13.16%) JIRA
2 10 (8.77%) Jenkins
3 4 (3.51%) GitLab
4 3 (2.63%) Axure RP
4 3 (2.63%) Sonatype Nexus
5 2 (1.75%) Cucumber
5 2 (1.75%) Git (software)
5 2 (1.75%) Maven
6 1 (0.88%) Ant
6 1 (0.88%) Bitbucket Server
6 1 (0.88%) Jasmine
6 1 (0.88%) Karma Test Runner
6 1 (0.88%) Mocha
6 1 (0.88%) Protractor
6 1 (0.88%) SpecFlow
6 1 (0.88%) TeamCity
General
1 114 (100.00%) Banking
2 38 (33.33%) Finance
3 28 (24.56%) Front Office
4 9 (7.89%) Legal
5 6 (5.26%) Games
5 6 (5.26%) Telecoms
6 4 (3.51%) Retail
7 3 (2.63%) Back Office
7 3 (2.63%) Corporate Banking
8 2 (1.75%) Private Banking
9 1 (0.88%) Advertising
9 1 (0.88%) Financial Institution
9 1 (0.88%) Marketing
Job Titles
1 51 (44.74%) Developer
2 16 (14.04%) Analyst
3 15 (13.16%) Java Developer
4 13 (11.40%) Python Developer
5 12 (10.53%) Business Analyst
6 11 (9.65%) Senior Developer
7 8 (7.02%) Support Engineer
8 5 (4.39%) Azure Engineer
8 5 (4.39%) Murex Analyst
8 5 (4.39%) Murex Business Analyst
8 5 (4.39%) Risk Manager
8 5 (4.39%) Tester
9 4 (3.51%) Angular Developer
9 4 (3.51%) Deskside Engineer
9 4 (3.51%) Deskside Support
9 4 (3.51%) Deskside Support Engineer
9 4 (3.51%) DevOps Engineer
9 4 (3.51%) React Developer
9 4 (3.51%) Senior Java Developer
9 4 (3.51%) Senior Python Developer
Libraries, Frameworks & Software Standards
1 18 (15.79%) HTML
2 14 (12.28%) AngularJS
2 14 (12.28%) CSS
3 10 (8.77%) HTML5
4 8 (7.02%) .NET
5 7 (6.14%) React
5 7 (6.14%) Spring
6 5 (4.39%) CSS3
7 4 (3.51%) Django
7 4 (3.51%) FIX Protocol
7 4 (3.51%) Flask
7 4 (3.51%) Spring Boot
8 3 (2.63%) JPA
8 3 (2.63%) Node.js
8 3 (2.63%) Spring Batch
8 3 (2.63%) Spring Integration
9 2 (1.75%) PySpark
9 2 (1.75%) Reactive Extensions
9 2 (1.75%) Redux
9 2 (1.75%) Swagger
Miscellaneous
1 12 (10.53%) Greenfield Project
2 11 (9.65%) Fixed Income
3 10 (8.77%) Derivative
3 10 (8.77%) Foreign Exchange (FX)
4 8 (7.02%) Equities
5 5 (4.39%) Data Centre
5 5 (4.39%) Management Information System
5 5 (4.39%) User Experience
6 4 (3.51%) Analytical Skills
6 4 (3.51%) Blackberry
7 3 (2.63%) Credit Derivative
7 3 (2.63%) Security Operations Centre
7 3 (2.63%) Virtual Team
8 2 (1.75%) Algorithms
8 2 (1.75%) Credit Risk
8 2 (1.75%) iPad
8 2 (1.75%) Robotics
9 1 (0.88%) Hedge funds
9 1 (0.88%) Market Risk
9 1 (0.88%) Wiki
Operating Systems
1 9 (7.89%) Windows
2 7 (6.14%) Linux
3 6 (5.26%) Unix
3 6 (5.26%) Windows 10
4 5 (4.39%) Windows 7
5 4 (3.51%) Mac OS
6 1 (0.88%) Red Hat Enterprise Linux
6 1 (0.88%) Solaris
6 1 (0.88%) Windows Server
6 1 (0.88%) Windows Server 2008
Processes & Methodologies
1 29 (25.44%) Agile Software Development
2 17 (14.91%) Stakeholder Management
3 14 (12.28%) Problem-Solving
4 10 (8.77%) SDLC
4 10 (8.77%) TDD
5 8 (7.02%) Electronic Trading
5 8 (7.02%) Investment Management
5 8 (7.02%) Scrum
5 8 (7.02%) Test Automation
6 7 (6.14%) Information Security
6 7 (6.14%) Multithreading
7 6 (5.26%) Risk Management
8 5 (4.39%) Asset Management
8 5 (4.39%) BDD
8 5 (4.39%) Continuous Integration
8 5 (4.39%) DevOps
8 5 (4.39%) Microservices
8 5 (4.39%) Workflow
9 4 (3.51%) Cybersecurity
9 4 (3.51%) Low Latency
Programming Languages
1 26 (22.81%) Java
2 21 (18.42%) Python
3 18 (15.79%) SQL
4 14 (12.28%) JavaScript
5 8 (7.02%) C#
6 6 (5.26%) C++
6 6 (5.26%) PL/SQL
7 5 (4.39%) Perl
8 3 (2.63%) Shell Script
9 2 (1.75%) ES7
9 2 (1.75%) TypeScript
10 1 (0.88%) Bash Shell
10 1 (0.88%) C
10 1 (0.88%) Java 8
10 1 (0.88%) PowerShell
10 1 (0.88%) Scala
10 1 (0.88%) XAML
Qualifications
1 18 (15.79%) Degree
2 3 (2.63%) CISA
2 3 (2.63%) CISM
2 3 (2.63%) CISSP
2 3 (2.63%) CRISC
3 2 (1.75%) Citrix Certification
4 1 (0.88%) CCA
4 1 (0.88%) CESG Certified Professional
4 1 (0.88%) Computer Science Degree
4 1 (0.88%) ITIL Foundation Certificate
4 1 (0.88%) SC Cleared
4 1 (0.88%) Security Cleared
Quality Assurance & Compliance
1 3 (2.63%) QA
System Software
1 7 (6.14%) Docker
2 5 (4.39%) Active Directory
3 2 (1.75%) VMware Infrastructure
3 2 (1.75%) XenApp
3 2 (1.75%) XenDesktop
4 1 (0.88%) Citrix Hypervisor
4 1 (0.88%) Hyper-V
4 1 (0.88%) VMware ESXi
4 1 (0.88%) vSphere
Systems Management
1 8 (7.02%) Ansible
2 7 (6.14%) Kubernetes
3 5 (4.39%) Puppet
3 5 (4.39%) Terraform
4 3 (2.63%) Single Sign-On
5 1 (0.88%) Backup Exec
5 1 (0.88%) CSIRT
5 1 (0.88%) Mesos
5 1 (0.88%) Opscode Chef
5 1 (0.88%) vCenter Server
Vendors
1 12 (10.53%) Oracle
2 8 (7.02%) Cisco
3 6 (5.26%) Bloomberg
3 6 (5.26%) Murex
4 5 (4.39%) Microsoft
5 4 (3.51%) Fidessa
5 4 (3.51%) HP
5 4 (3.51%) Lotus
6 3 (2.63%) Informatica
6 3 (2.63%) ION Trading
6 3 (2.63%) Juniper
6 3 (2.63%) VMware
7 2 (1.75%) Automation Anywhere
7 2 (1.75%) Blue Prism
7 2 (1.75%) Citrix
7 2 (1.75%) Cognos
7 2 (1.75%) Sybase
7 2 (1.75%) Tableau
7 2 (1.75%) UiPath
7 2 (1.75%) Vermilion