The table below looks at the prevalence of the term Private 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 Private Banking over the 3 months to 30 March 2017 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.

Private Banking
London / City of London
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank 146 159 187
Rank change year-on-year +13 +28  
Contract jobs citing Private Banking 5 4 9
As % of all contract IT jobs advertised in the City of London 0.16% 0.12% 0.18%
As % of the General category 0.32% 0.22% 0.33%
Number of daily rates quoted 5 4 7
Median daily rate £600 £525 £520
Median daily rate % change year-on-year +14.28% +0.96%  
UK excluding London median daily rate £475 - £425
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Private Banking is in the common skills category. The next 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.

General Skills
City of London
Contract job vacancies with a requirement for common skills 1572 1843 2693
As % of all contract IT job vacancies advertised in the City of London 50.68% 54.14% 52.41%
Number of daily rates quoted 1223 1505 2089
Median daily rate £525 £513 £475
Median daily rate % change year-on-year +2.43% +7.89%  
90% offered a daily rate of more than £325 £325 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 24 10 17
Median hourly rate £20.54 £22.50 £17.87
Median hourly rate % change year-on-year -8.71% +25.94%  
90% offered a hourly rate of more than £13.50 £12.61 £13.25
10% offered a hourly rate of more than £28.86 £55.00 £49.20
UK excluding London median hourly rate £26.83 £30.00 £24.00
% change year-on-year -10.56% +25.00%  

Private Banking
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Private Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Private Banking in the City of London

Private 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 Private Banking in the City of London.

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

For the 6 months to 30 March 2017, IT contractor jobs citing Private Banking also mentioned the following 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 with a requirement for Private Banking.

1 5 (100.00%) Banking
2 4 (80.00%) Finance
3 2 (40.00%) Retail
3 2 (40.00%) Asset Management
3 2 (40.00%) Investment Banking
3 2 (40.00%) Wealth Management
3 2 (40.00%) Retail Banking
4 1 (20.00%) Degree
4 1 (20.00%) MiFID
4 1 (20.00%) Temenos T24
4 1 (20.00%) Investment Management
4 1 (20.00%) HTML5
4 1 (20.00%) Stakeholder Engagement
4 1 (20.00%) FATCA
4 1 (20.00%) AngularJS
4 1 (20.00%) DevOps
4 1 (20.00%) React
4 1 (20.00%) Regulatory Compliance
4 1 (20.00%) Business Analysis
4 1 (20.00%) Derivative
4 1 (20.00%) Firewall
4 1 (20.00%) Agile Software Development
4 1 (20.00%) C#
4 1 (20.00%) HTML
4 1 (20.00%) JavaScript
4 1 (20.00%) Perl
4 1 (20.00%) SQL
4 1 (20.00%) .NET
4 1 (20.00%) Oracle
4 1 (20.00%) SOAP

Private 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 1 (20.00%) Apache
1 1 (20.00%) JBoss
Business Applications
1 1 (20.00%) Temenos T24
Communications & Networking
1 1 (20.00%) Firewall
1 1 (20.00%) TCP/IP
General
1 5 (100.00%) Banking
2 4 (80.00%) Finance
3 2 (40.00%) Investment Banking
3 2 (40.00%) Retail
3 2 (40.00%) Retail Banking
Job Titles
1 2 (40.00%) Analyst
1 2 (40.00%) Business Analyst
2 1 (20.00%) .NET Developer
2 1 (20.00%) Banking Analyst
2 1 (20.00%) Banking Business Analyst
2 1 (20.00%) Business Manager
2 1 (20.00%) Business Project Manager
2 1 (20.00%) C# Developer
2 1 (20.00%) Developer
2 1 (20.00%) DevOps Engineer
2 1 (20.00%) Financial Analyst
2 1 (20.00%) Linux DevOps Engineer
2 1 (20.00%) Linux Engineer
2 1 (20.00%) MiFID Business Analyst
2 1 (20.00%) MiFID Project Manager
2 1 (20.00%) Project Analyst
2 1 (20.00%) Risk Analyst
2 1 (20.00%) Senior DevOps Engineer
2 1 (20.00%) Senior Linux Engineer
2 1 (20.00%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (20.00%) .NET
1 1 (20.00%) AngularJS
1 1 (20.00%) HTML
1 1 (20.00%) HTML5
1 1 (20.00%) React
1 1 (20.00%) SOAP
1 1 (20.00%) XML
Miscellaneous
1 1 (20.00%) Derivative
Operating Systems
1 1 (20.00%) Linux
1 1 (20.00%) Unix
Processes & Methodologies
1 2 (40.00%) Asset Management
1 2 (40.00%) Wealth Management
2 1 (20.00%) Agile Software Development
2 1 (20.00%) Business Analysis
2 1 (20.00%) DevOps
2 1 (20.00%) Investment Management
2 1 (20.00%) Regulatory Compliance
2 1 (20.00%) Stakeholder Engagement
Programming Languages
1 1 (20.00%) C#
1 1 (20.00%) JavaScript
1 1 (20.00%) Perl
1 1 (20.00%) SQL
Qualifications
1 1 (20.00%) Degree
Quality Assurance & Compliance
1 1 (20.00%) FATCA
1 1 (20.00%) MiFID
Vendors
1 1 (20.00%) Oracle
1 1 (20.00%) Temenos
City, London
Haysfm
Rate: £500.00 - £600.00 per day
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