Period
to 22 October 2019

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 22 October 2019 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
22 Oct 2019
Same period 2018 Same period 2017
Rank 89 77 22
Rank change year-on-year -12 -55 +21
Contract jobs citing Investment Banking 159 234 546
As % of all contract IT jobs advertised in the City of London 2.67% 3.34% 7.96%
As % of the General category 5.63% 6.30% 13.81%
Number of daily rates quoted 131 194 458
City of London median daily rate £550 £600 £600
Median daily rate % change year-on-year -8.33% - +2.13%
10th Percentile £375 £433 £400
90th Percentile £750 £750 £738
Central London median daily rate £550 £600 £588
% change year-on-year -8.33% +2.13% +2.17%
Number of hourly rates quoted 0 0 3
City of London median hourly rate - - £15.00
Central London median hourly rate - - £15.00

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 2,823 3,716 3,953
As % of all contract IT jobs advertised in the City of London 47.37% 53.07% 57.63%
Number of daily rates quoted 2,145 2,872 3,188
City of London median daily rate £520 £525 £525
Median daily rate % change year-on-year -0.95% - +7.69%
10th Percentile £327 £313 £325
90th Percentile £700 £688 £700
Central London median daily rate £513 £525 £513
% change year-on-year -2.38% +2.44% +7.89%
Number of hourly rates quoted 27 65 37
City of London median hourly rate £21.00 £19.00 £20.50
Median hourly rate % change year-on-year +10.53% -7.32% +0.61%
10th Percentile £12.16 £13.00 £12.73
90th Percentile £32.90 £37.09 £33.25
Central London median hourly rate £21.00 £19.00 £20.50
% change year-on-year +10.53% -7.32% -1.20%

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 22 October 2019.

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 22 October 2019, 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.

1 159 (100.00%) Banking
2 80 (50.31%) Finance
3 55 (34.59%) Agile Software Development
4 43 (27.04%) Java
5 36 (22.64%) SQL
6 25 (15.72%) Front Office
6 25 (15.72%) SQL Server
7 24 (15.09%) Python
8 20 (12.58%) Business Intelligence
9 17 (10.69%) JavaScript
9 17 (10.69%) HTML
9 17 (10.69%) Microsoft
9 17 (10.69%) Foreign Exchange (FX)
9 17 (10.69%) Stakeholder Management
9 17 (10.69%) AngularJS
10 15 (9.43%) Windows
10 15 (9.43%) Fixed Income
10 15 (9.43%) Degree
11 14 (8.81%) SQL Server Integration Services
11 14 (8.81%) Linux
11 14 (8.81%) ETL
11 14 (8.81%) Data Warehouse
11 14 (8.81%) Power BI
11 14 (8.81%) Power Platform
12 13 (8.18%) Unix
12 13 (8.18%) CSS
13 12 (7.55%) Retail
13 12 (7.55%) JIRA
13 12 (7.55%) Azure
13 12 (7.55%) Big Data

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 8 (5.03%) Confluence
2 7 (4.40%) Apache
3 6 (3.77%) Apache Spark
4 5 (3.14%) Apache Airflow
5 3 (1.89%) IBM Notes
6 2 (1.26%) CMS
6 2 (1.26%) SharePoint
6 2 (1.26%) Skype for Business
7 1 (0.63%) IBM HTTP Server
7 1 (0.63%) JBoss
7 1 (0.63%) MS Exchange
7 1 (0.63%) SAS
7 1 (0.63%) SharePoint 2010
Applications
1 9 (5.66%) Microsoft Office
2 7 (4.40%) Microsoft Excel
3 2 (1.26%) Microsoft PowerPoint
3 2 (1.26%) MS Visio
Business Applications
1 3 (1.89%) SAP Oil and Gas
2 2 (1.26%) ION MarketView
3 1 (0.63%) Bloomberg TOMS
3 1 (0.63%) Eagle PACE
3 1 (0.63%) Global One
3 1 (0.63%) Salesforce.com CRM
Cloud Services
1 14 (8.81%) Power Platform
2 12 (7.55%) Azure
3 11 (6.92%) AWS
4 8 (5.03%) GCP
5 4 (2.52%) Cloud Computing
5 4 (2.52%) GitHub
6 3 (1.89%) npm
7 2 (1.26%) Google Analytics
7 2 (1.26%) Office 365
8 1 (0.63%) Amazon Kinesis
8 1 (0.63%) Amazon S3
8 1 (0.63%) Azure Data Factory
8 1 (0.63%) PowerApps
8 1 (0.63%) Serverless
8 1 (0.63%) Yarn
Communications & Networking
1 6 (3.77%) DNS
2 4 (2.52%) Firewall
2 4 (2.52%) LAN
2 4 (2.52%) Wireless
3 3 (1.89%) BGP
3 3 (1.89%) Cisco IOS
3 3 (1.89%) Cisco Nexus
3 3 (1.89%) DHCP
3 3 (1.89%) NAS
3 3 (1.89%) Network Security
3 3 (1.89%) OSPF
3 3 (1.89%) TCP/IP
3 3 (1.89%) VoIP
3 3 (1.89%) WAN
4 2 (1.26%) H.323
4 2 (1.26%) Junos
4 2 (1.26%) MGCP
4 2 (1.26%) Multicast
4 2 (1.26%) NX-OS
4 2 (1.26%) Skype
Database & Business Intelligence
1 25 (15.72%) SQL Server
2 14 (8.81%) Data Warehouse
2 14 (8.81%) Power BI
2 14 (8.81%) SQL Server Integration Services
3 12 (7.55%) Big Data
4 11 (6.92%) SQL Server Reporting Services
5 10 (6.29%) Hadoop
6 9 (5.66%) SQL Server Analysis Services
7 8 (5.03%) Relational Database
8 5 (3.14%) BigQuery
8 5 (3.14%) QlikView
8 5 (3.14%) SQL Server 2014
9 3 (1.89%) MySQL
9 3 (1.89%) SQL Server 2012
9 3 (1.89%) SQL Server 2016
10 2 (1.26%) Apache Hive
10 2 (1.26%) BusinessObjects
10 2 (1.26%) Data Mart
10 2 (1.26%) Oracle Database 12c
10 2 (1.26%) Qlik Sense
Development Applications
1 12 (7.55%) JIRA
2 5 (3.14%) Jenkins
3 3 (1.89%) Cucumber
4 2 (1.26%) Git (software)
4 2 (1.26%) Maven
5 1 (0.63%) Ant
5 1 (0.63%) Clang
5 1 (0.63%) EasyMock
5 1 (0.63%) GitLab
5 1 (0.63%) Jasmine
5 1 (0.63%) jMock
5 1 (0.63%) JUnit
5 1 (0.63%) Karma Test Runner
5 1 (0.63%) Mocha
5 1 (0.63%) Protractor
5 1 (0.63%) Selenium
5 1 (0.63%) SpecFlow
5 1 (0.63%) TeamCity
5 1 (0.63%) TestNG
5 1 (0.63%) webpack
General
1 159 (100.00%) Banking
2 80 (50.31%) Finance
3 25 (15.72%) Front Office
4 12 (7.55%) Retail
5 6 (3.77%) Legal
6 5 (3.14%) Back Office
6 5 (3.14%) Telecoms
7 4 (2.52%) Advertising
8 3 (1.89%) Games
9 2 (1.26%) International Banking
9 2 (1.26%) Marketing
9 2 (1.26%) Public Sector
9 2 (1.26%) Publishing
10 1 (0.63%) Corporate Banking
10 1 (0.63%) Financial Institution
10 1 (0.63%) Prime Brokerage
Job Titles
1 82 (51.57%) Developer
2 29 (18.24%) Java Developer
3 16 (10.06%) Analyst
4 11 (6.92%) Business Analyst
4 11 (6.92%) Business Intelligence Developer
4 11 (6.92%) Senior Developer
5 9 (5.66%) Power BI Developer
5 9 (5.66%) Python Developer
6 7 (4.40%) Architect
6 7 (4.40%) Full Stack Developer
6 7 (4.40%) Senior Java Developer
7 6 (3.77%) Angular Developer
7 6 (3.77%) Risk Manager
7 6 (3.77%) Support Engineer
7 6 (3.77%) Tableau Developer
8 5 (3.14%) Data Engineer
8 5 (3.14%) Project Manager
8 5 (3.14%) React Developer
8 5 (3.14%) Scala Developer
9 4 (2.52%) Tester
Libraries, Frameworks & Software Standards
1 17 (10.69%) AngularJS
1 17 (10.69%) HTML
2 13 (8.18%) CSS
3 11 (6.92%) React
4 10 (6.29%) Spring
5 8 (5.03%) .NET
6 7 (4.40%) HTML5
6 7 (4.40%) Node.js
7 6 (3.77%) FIX Protocol
8 5 (3.14%) Apache NiFi
8 5 (3.14%) Kafka
9 4 (2.52%) CSS3
9 4 (2.52%) Hibernate
9 4 (2.52%) J2SE
9 4 (2.52%) RESTful
9 4 (2.52%) Spring Boot
10 3 (1.89%) Redux
10 3 (1.89%) XML
11 2 (1.26%) .NET Core
11 2 (1.26%) PySpark
Miscellaneous
1 17 (10.69%) Foreign Exchange (FX)
2 15 (9.43%) Fixed Income
3 11 (6.92%) Equities
4 10 (6.29%) Analytical Skills
4 10 (6.29%) Derivative
5 8 (5.03%) Greenfield Project
6 6 (3.77%) Management Information System
7 5 (3.14%) Algorithms
7 5 (3.14%) Data Structures
8 4 (2.52%) Data Centre
8 4 (2.52%) User Experience
9 3 (1.89%) Blackberry
9 3 (1.89%) Equity Derivative
9 3 (1.89%) Security Operations Centre
9 3 (1.89%) SWIFT
10 2 (1.26%) iPad
10 2 (1.26%) Market Risk
10 2 (1.26%) Robotics
10 2 (1.26%) Self-Motivation
10 2 (1.26%) Virtual Team
Operating Systems
1 15 (9.43%) Windows
2 14 (8.81%) Linux
3 13 (8.18%) Unix
4 7 (4.40%) Windows 10
5 6 (3.77%) Windows Server
6 5 (3.14%) Windows 7
7 4 (2.52%) Mac OS
8 3 (1.89%) Red Hat Enterprise Linux
9 1 (0.63%) Android
9 1 (0.63%) Apple iOS
9 1 (0.63%) Solaris
9 1 (0.63%) Windows Server 2008
Processes & Methodologies
1 55 (34.59%) Agile Software Development
2 20 (12.58%) Business Intelligence
3 17 (10.69%) Stakeholder Management
4 14 (8.81%) ETL
5 12 (7.55%) Analytics
5 12 (7.55%) Problem-Solving
6 11 (6.92%) TDD
7 10 (6.29%) E-Commerce
7 10 (6.29%) SDLC
7 10 (6.29%) Test Automation
7 10 (6.29%) Visualisation
8 9 (5.66%) Data Modelling
8 9 (5.66%) Low Latency
9 8 (5.03%) Dashboard Development
9 8 (5.03%) Information Security
9 8 (5.03%) Investment Management
9 8 (5.03%) ITIL
9 8 (5.03%) Multithreading
10 7 (4.40%) Asset Management
10 7 (4.40%) Electronic Trading
Programming Languages
1 43 (27.04%) Java
2 36 (22.64%) SQL
3 24 (15.09%) Python
4 17 (10.69%) JavaScript
5 10 (6.29%) C#
5 10 (6.29%) Data Analysis Expressions (DAX)
6 8 (5.03%) Scala
7 7 (4.40%) C++
8 5 (3.14%) Java 8
8 5 (3.14%) Perl
9 4 (2.52%) PL/SQL
10 3 (1.89%) Go
10 3 (1.89%) VBA
11 2 (1.26%) ES7
11 2 (1.26%) Shell Script
11 2 (1.26%) TypeScript
12 1 (0.63%) Bash Shell
12 1 (0.63%) C
12 1 (0.63%) PowerShell
12 1 (0.63%) T-SQL
Qualifications
1 15 (9.43%) Degree
2 3 (1.89%) CISA
2 3 (1.89%) CISM
2 3 (1.89%) CISSP
2 3 (1.89%) CRISC
3 2 (1.26%) Cisco Certification
3 2 (1.26%) Computer Science Degree
3 2 (1.26%) ISEB
3 2 (1.26%) ISTQB
3 2 (1.26%) SC Cleared
3 2 (1.26%) Security Cleared
4 1 (0.63%) CCA
4 1 (0.63%) CESG Certified Professional
4 1 (0.63%) Citrix Certification
4 1 (0.63%) ITIL Foundation Certificate
4 1 (0.63%) Master's Degree
Quality Assurance & Compliance
1 5 (3.14%) QA
2 2 (1.26%) MiFID
3 1 (0.63%) Data Quality
3 1 (0.63%) EMIR
System Software
1 9 (5.66%) Docker
2 8 (5.03%) Active Directory
3 3 (1.89%) VMware Infrastructure
3 3 (1.89%) XenApp
3 3 (1.89%) XenDesktop
4 2 (1.26%) Cronacle
4 2 (1.26%) Oracle RAC
4 2 (1.26%) ProxySG
4 2 (1.26%) Veritas File System
4 2 (1.26%) Veritas Volume Manager
4 2 (1.26%) VMware Workstation
Systems Management
1 5 (3.14%) Ansible
1 5 (3.14%) Terraform
2 4 (2.52%) Kubernetes
3 3 (1.89%) SCCM
3 3 (1.89%) Single Sign-On
4 2 (1.26%) Data Guard
4 2 (1.26%) Symantec Endpoint Protection
5 1 (0.63%) Backup Exec
5 1 (0.63%) CSIRT
5 1 (0.63%) Opscode Chef
5 1 (0.63%) Puppet
Vendors
1 17 (10.69%) Microsoft
2 10 (6.29%) Oracle
2 10 (6.29%) Tableau
3 9 (5.66%) Bloomberg
4 8 (5.03%) Cisco
5 6 (3.77%) Reuters
6 5 (3.14%) Google
6 5 (3.14%) HP
6 5 (3.14%) VMware
7 3 (1.89%) Citrix
7 3 (1.89%) Fidessa
7 3 (1.89%) Informatica
7 3 (1.89%) ION Trading
7 3 (1.89%) Lotus
7 3 (1.89%) Red Hat
7 3 (1.89%) SAP
7 3 (1.89%) Sun
7 3 (1.89%) Symantec
7 3 (1.89%) Vermilion
8 2 (1.26%) ServiceNow