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 27 June 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
27 Jun 2017
Same period 2016 Same period 2015
Rank 157 161 193
Rank change year-on-year +4 +32  
Contract jobs citing Private Banking 7 2 8
As % of all contract IT jobs advertised in the City of London 0.21% 0.059% 0.14%
As % of the General category 0.39% 0.11% 0.27%
Number of daily rates quoted 5 1 4
Median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00%  
90% offered a daily rate of more than £328 £525 £273
10% offered a daily rate of more than £600 £525 £518
UK excluding London median daily rate £210 £525 -
% change year-on-year -60.00% -  
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 1785 1812 3011
As % of all contract IT job vacancies advertised in the City of London 54.03% 53.50% 52.47%
Number of daily rates quoted 1412 1520 2357
Median daily rate £538 £500 £488
Median daily rate % change year-on-year +7.50% +2.56%  
90% offered a daily rate of more than £375 £325 £320
10% offered a daily rate of more than £675 £675 £625
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 13 16 41
Median hourly rate £15.00 £20.00 £21.00
Median hourly rate % change year-on-year -25.00% -4.76%  
90% offered a hourly rate of more than £13.76 £12.50 £10.50
10% offered a hourly rate of more than £21.25 £38.90 £38.14
UK excluding London median hourly rate £30.00 £25.00 £22.50
% change year-on-year +20.00% +11.11%  

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

Private Banking
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Private Banking in the City of London over the 3 months to 27 June 2017.

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

For the 6 months to 27 June 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 11 (100.00%) Banking
2 6 (54.55%) Finance
3 4 (36.36%) Retail
3 4 (36.36%) Agile Software Development
4 3 (27.27%) Investment Banking
4 3 (27.27%) Asset Management
4 3 (27.27%) Retail Banking
4 3 (27.27%) Scrum
5 2 (18.18%) Perl
5 2 (18.18%) SQL
5 2 (18.18%) Oracle
5 2 (18.18%) SOAP
5 2 (18.18%) XML
5 2 (18.18%) Unix
5 2 (18.18%) Linux
5 2 (18.18%) JBoss
5 2 (18.18%) Apache
5 2 (18.18%) CRM
5 2 (18.18%) TCP/IP
5 2 (18.18%) Microsoft
5 2 (18.18%) Business Analysis
5 2 (18.18%) Dynamics CRM
5 2 (18.18%) Firewall
5 2 (18.18%) Wealth Management
5 2 (18.18%) Avaloq
5 2 (18.18%) DevOps
6 1 (9.09%) Regulatory Compliance
6 1 (9.09%) User Experience
6 1 (9.09%) React
6 1 (9.09%) HTML5

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 2 (18.18%) Apache
1 2 (18.18%) JBoss
Business Applications
1 2 (18.18%) Dynamics CRM
2 1 (9.09%) Temenos T24
Communications & Networking
1 2 (18.18%) Firewall
1 2 (18.18%) TCP/IP
General
1 11 (100.00%) Banking
2 6 (54.55%) Finance
3 4 (36.36%) Retail
4 3 (27.27%) Investment Banking
4 3 (27.27%) Retail Banking
5 1 (9.09%) Advertising
Job Titles
1 3 (27.27%) Analyst
1 3 (27.27%) Business Analyst
1 3 (27.27%) Consultant
2 2 (18.18%) Banking Analyst
2 2 (18.18%) Banking Business Analyst
2 2 (18.18%) DevOps Engineer
2 2 (18.18%) Linux DevOps Engineer
2 2 (18.18%) Linux Engineer
2 2 (18.18%) Linux/Unix DevOps
2 2 (18.18%) Senior DevOps
2 2 (18.18%) Senior DevOps Engineer
2 2 (18.18%) Senior Linux Engineer
3 1 (9.09%) Business Manager
3 1 (9.09%) CRM Business Analyst
3 1 (9.09%) Dynamics CRM Business Analyst
3 1 (9.09%) Finance Business Analyst
3 1 (9.09%) Financial Analyst
3 1 (9.09%) Microsoft Consultant
3 1 (9.09%) Regulatory Business Analyst
3 1 (9.09%) Retail Banking Business Analyst
Libraries, Frameworks & Software Standards
1 2 (18.18%) SOAP
1 2 (18.18%) XML
2 1 (9.09%) .NET
2 1 (9.09%) AngularJS
2 1 (9.09%) HTML
2 1 (9.09%) HTML5
2 1 (9.09%) React
Miscellaneous
1 1 (9.09%) Derivative
1 1 (9.09%) User Experience
Operating Systems
1 2 (18.18%) Linux
1 2 (18.18%) Unix
2 1 (9.09%) Windows
Processes & Methodologies
1 4 (36.36%) Agile Software Development
2 3 (27.27%) Asset Management
2 3 (27.27%) Scrum
3 2 (18.18%) Business Analysis
3 2 (18.18%) CRM
3 2 (18.18%) DevOps
3 2 (18.18%) Wealth Management
4 1 (9.09%) Investment Management
4 1 (9.09%) Regulatory Compliance
4 1 (9.09%) Stakeholder Engagement
4 1 (9.09%) Stakeholder Management
Programming Languages
1 2 (18.18%) Perl
1 2 (18.18%) SQL
2 1 (9.09%) C#
2 1 (9.09%) JavaScript
Qualifications
1 1 (9.09%) Degree
Quality Assurance & Compliance
1 1 (9.09%) FATCA
1 1 (9.09%) MiFID
Vendors
1 2 (18.18%) Avaloq
1 2 (18.18%) Microsoft
1 2 (18.18%) Oracle
2 1 (9.09%) Temenos