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 in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Investment Banking over the 6 months leading up to 20 June 2024, comparing them to the same period in the previous two years.

6 months to
20 Jun 2024
Same period 2023 Same period 2022
Rank 55 55 66
Rank change year-on-year 0 +11 -20
Contract jobs citing Investment Banking 79 131 143
As % of all contract jobs advertised in the City of London 3.62% 3.82% 3.45%
As % of the General category 5.39% 6.11% 5.92%
Number of daily rates quoted 56 103 95
10th Percentile £468 £513 £561
25th Percentile £572 £608 £651
Median daily rate (50th Percentile) £694 £700 £750
Median % change year-on-year -0.89% -6.67% +17.65%
75th Percentile £814 £820 £838
90th Percentile £969 £1,035 £913
Central London median daily rate £694 £700 £740
% change year-on-year -0.89% -5.37% +16.04%
Number of hourly rates quoted 0 0 2
Median hourly rate - - £26.00
Central London median hourly rate - - £26.00

All General Skills
City of London

Investment Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in the City of London.

Contract vacancies with a requirement for common skills 1,465 2,145 2,415
As % of all contract IT jobs advertised in the City of London 67.14% 62.61% 58.21%
Number of daily rates quoted 1,011 1,509 1,735
10th Percentile £338 £363 £350
25th Percentile £450 £500 £469
Median daily rate (50th Percentile) £575 £625 £575
Median % change year-on-year -8.00% +8.70% +4.55%
75th Percentile £693 £738 £688
90th Percentile £813 £838 £798
Central London median daily rate £558 £606 £564
% change year-on-year -7.92% +7.49% +2.55%
Number of hourly rates quoted 7 13 33
10th Percentile £18.35 - £18.50
25th Percentile £20.07 £14.25 £21.25
Median hourly rate £20.82 £18.00 £41.50
Median % change year-on-year +15.64% -56.63% +93.02%
75th Percentile £38.63 £42.32 £51.75
90th Percentile £89.65 £53.55 £62.35
Central London median hourly rate £25.18 £20.71 £41.50
% change year-on-year +21.61% -50.11% +107.50%

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 20 June 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 5 (6.33%) Microsoft Exchange
2 2 (2.53%) Adobe Experience Manager
2 2 (2.53%) Apache Spark
3 1 (1.27%) Apache
Applications
1 2 (2.53%) Microsoft Office
2 1 (1.27%) Microsoft Excel
2 1 (1.27%) Microsoft PowerPoint
Cloud Services
1 14 (17.72%) Azure
2 10 (12.66%) AWS
3 7 (8.86%) Power Platform
4 5 (6.33%) Azure DevOps
4 5 (6.33%) Dynamics 365
4 5 (6.33%) Power Automate
5 4 (5.06%) Amazon S3
5 4 (5.06%) Amazon SQS
6 2 (2.53%) Azure AKS
6 2 (2.53%) Azure Key Vault
6 2 (2.53%) NuGet
7 1 (1.27%) Azure Data Factory
Communications & Networking
1 2 (2.53%) Firewall
2 1 (1.27%) SSH
2 1 (1.27%) TCP/IP
Database & Business Intelligence
1 14 (17.72%) SQL Server
2 8 (10.13%) KDB
2 8 (10.13%) Relational Database
3 4 (5.06%) MySQL
4 3 (3.80%) SQL Server Reporting Services
5 2 (2.53%) Big Data
5 2 (2.53%) Data Warehouse
5 2 (2.53%) Metadata
5 2 (2.53%) NoSQL
5 2 (2.53%) Oracle Database
5 2 (2.53%) Power BI
6 1 (1.27%) Apache Hive
6 1 (1.27%) Azure SQL Database
6 1 (1.27%) Hadoop
6 1 (1.27%) Impala
6 1 (1.27%) Oracle Reports
6 1 (1.27%) Spark SQL
6 1 (1.27%) SQL Server Analysis Services
6 1 (1.27%) SQL Server Integration Services
6 1 (1.27%) Sqoop
Development Applications
1 9 (11.39%) TeamCity
2 5 (6.33%) Git
3 4 (5.06%) Bitbucket
3 4 (5.06%) PHPUnit
4 3 (3.80%) Jenkins
4 3 (3.80%) JIRA
5 2 (2.53%) Eclipse
5 2 (2.53%) Gradle
5 2 (2.53%) IntelliJ
5 2 (2.53%) Maven
6 1 (1.27%) Cucumber
6 1 (1.27%) Cypress.io
6 1 (1.27%) GitLab
6 1 (1.27%) JUnit
General
1 79 (100.00%) Banking
2 28 (35.44%) Finance
3 19 (24.05%) Social Skills
4 14 (17.72%) Analytical Skills
5 12 (15.19%) Front Office
6 7 (8.86%) Corporate Banking
7 6 (7.59%) Retail
7 6 (7.59%) Retail Banking
8 3 (3.80%) Back Office
9 2 (2.53%) Financial Institution
9 2 (2.53%) Organisational Skills
9 2 (2.53%) Public Speaking
10 1 (1.27%) Inclusion and Diversity
10 1 (1.27%) Legal
10 1 (1.27%) Wholesale Banking
Job Titles
1 35 (44.30%) Developer
2 10 (12.66%) Analyst
2 10 (12.66%) C# Developer
2 10 (12.66%) DevOps Engineer
3 9 (11.39%) Architect
3 9 (11.39%) Senior
4 8 (10.13%) Java Developer
5 6 (7.59%) Business Analyst
5 6 (7.59%) Senior DevOps
5 6 (7.59%) Senior DevOps Engineer
6 5 (6.33%) .NET Developer
6 5 (6.33%) Azure Engineer
6 5 (6.33%) Banking Analyst
6 5 (6.33%) Solutions Architect
7 4 (5.06%) AWS Developer
7 4 (5.06%) C# .NET Developer
7 4 (5.06%) Dynamics 365 Architect
7 4 (5.06%) PHP Developer
7 4 (5.06%) Project Manager
7 4 (5.06%) Python Developer
Libraries, Frameworks & Software Standards
1 14 (17.72%) .NET
2 5 (6.33%) RabbitMQ
2 5 (6.33%) React
2 5 (6.33%) WCF
2 5 (6.33%) WinForms
3 4 (5.06%) .NET Core
3 4 (5.06%) FIX Protocol
3 4 (5.06%) Laravel
3 4 (5.06%) Symfony
3 4 (5.06%) Yii
4 3 (3.80%) Middleware
4 3 (3.80%) REST
4 3 (3.80%) Spring
4 3 (3.80%) Spring Boot
5 2 (2.53%) AngularJS
5 2 (2.53%) Rendezvous
5 2 (2.53%) YAML
6 1 (1.27%) .NET Framework
6 1 (1.27%) JPA
6 1 (1.27%) RESTful
Miscellaneous
1 6 (7.59%) Foreign Exchange (FX)
2 4 (5.06%) Algorithms
2 4 (5.06%) Distributed Systems
2 4 (5.06%) Fixed Income
3 2 (2.53%) Derivative
3 2 (2.53%) Equities
3 2 (2.53%) Legacy Applications
3 2 (2.53%) Management Information System
3 2 (2.53%) Market Risk
3 2 (2.53%) Product Ownership
4 1 (1.27%) Data Structures
4 1 (1.27%) Distributed Architecture
4 1 (1.27%) Enterprise Software
4 1 (1.27%) Legacy Code
4 1 (1.27%) Linux Command Line
4 1 (1.27%) Mobile App
4 1 (1.27%) Onboarding
4 1 (1.27%) Reference Data
Operating Systems
1 12 (15.19%) Windows
2 10 (12.66%) Linux
3 3 (3.80%) Unix
Processes & Methodologies
1 17 (21.52%) DevOps
2 13 (16.46%) Agile
2 13 (16.46%) OO
3 12 (15.19%) Problem-Solving
4 11 (13.92%) SDLC
5 9 (11.39%) Continuous Integration
5 9 (11.39%) OOP
6 8 (10.13%) Design Patterns
6 8 (10.13%) Migration
6 8 (10.13%) Stakeholder Management
7 7 (8.86%) Microservices
7 7 (8.86%) Test Automation
7 7 (8.86%) Wealth Management
8 6 (7.59%) CI/CD
8 6 (7.59%) Configuration Management
8 6 (7.59%) Electronic Trading
8 6 (7.59%) Low Latency
8 6 (7.59%) TDD
8 6 (7.59%) Unit Testing
9 5 (6.33%) Customer Service
Programming Languages
1 29 (36.71%) SQL
2 21 (26.58%) C#
3 12 (15.19%) Python
4 11 (13.92%) Java
5 10 (12.66%) PowerShell
6 5 (6.33%) C++
7 4 (5.06%) PHP
7 4 (5.06%) T-SQL
8 3 (3.80%) JavaScript
8 3 (3.80%) TypeScript
9 2 (2.53%) Bash
9 2 (2.53%) Data Analysis Expressions
9 2 (2.53%) Perl
9 2 (2.53%) PL/SQL
9 2 (2.53%) Shell Script
10 1 (1.27%) Jython
Qualifications
1 6 (7.59%) Degree
2 1 (1.27%) Computer Science Degree
2 1 (1.27%) PMP
Quality Assurance & Compliance
1 6 (7.59%) SLA
2 4 (5.06%) QA
3 3 (3.80%) PMO
4 1 (1.27%) Data Quality
4 1 (1.27%) EMIR
4 1 (1.27%) ISO 9001
System Software
1 10 (12.66%) Active Directory
2 7 (8.86%) Docker
3 1 (1.27%) HDFS
Systems Management
1 2 (2.53%) Puppet
1 2 (2.53%) Terraform
2 1 (1.27%) Ansible
2 1 (1.27%) Kubernetes
Vendors
1 10 (12.66%) Microsoft
2 5 (6.33%) Bloomberg
3 3 (3.80%) GoldenSource
3 3 (3.80%) Oracle
4 2 (2.53%) Adobe
4 2 (2.53%) Alteryx
4 2 (2.53%) Citrix
4 2 (2.53%) Solace
4 2 (2.53%) TIBCO
5 1 (1.27%) Murex
5 1 (1.27%) ServiceNow