Retail Banking Contract Job Trends in the City of London

Retail Banking
Central London > City of London

The table below looks at the prevalence of the term Retail Banking in contract job vacancies in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Retail Banking over the 6 months leading up to 8 July 2026, comparing them to the same period in the previous two years.

6 months to
8 Jul 2026
Same period 2025 Same period 2024
Rank 117 101 103
Rank change year-on-year -16 +2 +32
Contract jobs citing Retail Banking 22 25 19
As % of all contract jobs in the City of London 0.90% 1.36% 0.89%
As % of the General category 1.56% 1.85% 1.34%
Number of daily rates quoted 3 7 9
10th Percentile £533 £414 £371
25th Percentile £563 £456 £413
Median daily rate (50th Percentile) £625 £538 £625
Median % change year-on-year +16.28% -14.00% -16.67%
75th Percentile £706 £688 £838
90th Percentile £748 - £908
Central London median daily rate £625 £538 £625
% change year-on-year +16.28% -14.00% -16.67%

All General Skills
City of London

Retail 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 general skills in the City of London.

Contract vacancies with a requirement for general skills 1,407 1,349 1,418
As % of all contract IT jobs advertised in the City of London 57.69% 73.64% 66.76%
Number of daily rates quoted 887 858 968
10th Percentile £356 £336 £339
25th Percentile £455 £435 £450
Median daily rate (50th Percentile) £568 £563 £575
Median % change year-on-year +0.89% -2.17% -8.00%
75th Percentile £700 £688 £700
90th Percentile £813 £775 £825
Central London median daily rate £560 £556 £575
% change year-on-year +0.69% -3.27% -4.17%
Number of hourly rates quoted 22 20 9
10th Percentile - £17.02 £19.13
25th Percentile £18.75 £24.66 £20.22
Median hourly rate £21.75 £32.50 £27.00
Median % change year-on-year -33.08% +20.37% +50.00%
75th Percentile £36.81 £63.75 £50.25
90th Percentile £52.46 £89.88 £92.75
Central London median hourly rate £25.77 £34.24 £26.78
% change year-on-year -24.74% +27.86% +29.34%

Retail Banking
Job Vacancy Trend in the City of London

Historical trend showing the proportion of contract IT job postings citing Retail Banking relative to all contract IT jobs advertised in the City of London.

Retail Banking job vacancy trend in the City of London

Retail Banking
Daily Rate Trend in the City of London

Contractor daily rate distribution trend for jobs in the City of London citing Retail Banking.

Contractor daily rate distribution trend for jobs in the City of London citing Retail Banking

Retail Banking
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Retail Banking in the City of London over the 6 months to 8 July 2026.

Daily rate histogram for Retail Banking in the City of London

Retail Banking
Hourly Rate Trend in the City of London

Contractor hourly rate distribution trend for jobs in the City of London citing Retail Banking.

Contractor hourly rate distribution trend for jobs in the City of London citing Retail Banking

Retail Banking
Co-Occurring Skills & Capabilities in the City of London by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 2 (9.09%) Adobe Experience Manager
Applications
1 2 (9.09%) Chatbot
Business Applications
1 11 (50.00%) Oracle Payables
1 11 (50.00%) Oracle Procure-to-Pay
1 11 (50.00%) Oracle Receivables
Cloud Services
1 11 (50.00%) OCI
2 2 (9.09%) Adobe Analytics
2 2 (9.09%) Contentsquare
2 2 (9.09%) SaaS
3 1 (4.55%) AWS
Database & Business Intelligence
1 1 (4.55%) Big Data
1 1 (4.55%) MongoDB
1 1 (4.55%) Neo4j
Development Applications
1 2 (9.09%) Cypress.io
1 2 (9.09%) Git
1 2 (9.09%) webpack
2 1 (4.55%) JIRA
General
1 20 (90.91%) Banking
2 19 (86.36%) Investment Banking
3 16 (72.73%) Finance
4 8 (36.36%) Corporate Banking
4 8 (36.36%) Retail
5 2 (9.09%) Marketing
6 1 (4.55%) Financial Institution
6 1 (4.55%) Influencing Skills
6 1 (4.55%) Legal
6 1 (4.55%) Presentation Skills
6 1 (4.55%) Social Skills
Job Titles
1 4 (18.18%) Product Owner
2 2 (9.09%) Analyst
2 2 (9.09%) Business Analyst
2 2 (9.09%) Digital Product Owner
2 2 (9.09%) Web Engineer
3 1 (4.55%) AML Business Analyst
3 1 (4.55%) Data Scientist
3 1 (4.55%) Front-End Engineer (Client-Side Engineer)
3 1 (4.55%) Lead
3 1 (4.55%) Lead Product Owner
3 1 (4.55%) Machine Learning Analyst
3 1 (4.55%) Mobile Software Engineer
3 1 (4.55%) Monitoring Analyst
3 1 (4.55%) Procurement Manager
3 1 (4.55%) Regulatory Business Analyst
3 1 (4.55%) Regulatory Reporting Business Analyst
3 1 (4.55%) Report Analyst
3 1 (4.55%) Software Engineer
Libraries, Frameworks & Software Standards
1 3 (13.64%) GraphQL
1 3 (13.64%) React
2 2 (9.09%) Apollo GraphQL
2 2 (9.09%) DOM
2 2 (9.09%) Jest
2 2 (9.09%) Kafka
2 2 (9.09%) Node.js
2 2 (9.09%) REST
2 2 (9.09%) Sass
3 1 (4.55%) GraphX
3 1 (4.55%) NetworkX
3 1 (4.55%) PySpark
3 1 (4.55%) PyTorch
3 1 (4.55%) React Native
3 1 (4.55%) scikit-learn
3 1 (4.55%) TensorFlow
Miscellaneous
1 7 (31.82%) Product Ownership
2 1 (4.55%) Algorithms
2 1 (4.55%) Mobile App
2 1 (4.55%) Virtual Team
Operating Systems
1 1 (4.55%) Android
1 1 (4.55%) Apple iOS
Processes & Methodologies
1 11 (50.00%) Accounts Payable
1 11 (50.00%) Accounts Receivable
1 11 (50.00%) Asset Management
1 11 (50.00%) Procure-to-Pay
1 11 (50.00%) User Acceptance Testing
2 8 (36.36%) Agile
2 8 (36.36%) Wealth Management
3 3 (13.64%) AI
3 3 (13.64%) Analytics
3 3 (13.64%) Backlog Prioritisation
3 3 (13.64%) Customer Experience
3 3 (13.64%) Product Discovery
3 3 (13.64%) Product Governance
3 3 (13.64%) Roadmaps
4 2 (9.09%) Business Case
4 2 (9.09%) Conversational UI
4 2 (9.09%) Decision-Making
4 2 (9.09%) Epics
4 2 (9.09%) LLM
4 2 (9.09%) Product Backlog
Programming Languages
1 3 (13.64%) JavaScript
1 3 (13.64%) TypeScript
2 1 (4.55%) Python
2 1 (4.55%) SQL
Quality Assurance & Compliance
1 2 (9.09%) QA
2 1 (4.55%) Basel III
2 1 (4.55%) COREP
2 1 (4.55%) FINREP
2 1 (4.55%) GRC
Vendors
1 11 (50.00%) Oracle
2 2 (9.09%) Adobe