Period
to 18 July 2019

The table below looks at the prevalence of the term Retail 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 Retail Banking over the 6 months to 18 July 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.

Retail Banking
Central London > City of London
6 months to
18 Jul 2019
Same period 2018 Same period 2017
Rank 173 165 146
Rank change year-on-year -8 -19 +34
Contract jobs citing Retail Banking 65 92 90
As % of all contract IT jobs advertised in the City of London 0.98% 1.30% 1.40%
As % of the General category 2.03% 2.48% 2.60%
Number of daily rates quoted 45 64 67
City of London median daily rate £550 £500 £525
Median daily rate % change year-on-year +9.95% -4.71% +5.00%
10th Percentile £363 £350 £386
90th Percentile £700 £731 £678
Central London median daily rate £563 £513 £510
% change year-on-year +9.70% +0.54% +7.37%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Retail 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 3,208 3,715 3,466
As % of all contract IT jobs advertised in the City of London 48.23% 52.46% 53.81%
Number of daily rates quoted 2,415 2,907 2,739
City of London median daily rate £525 £525 £520
Median daily rate % change year-on-year - +0.96% +4.00%
10th Percentile £347 £325 £325
90th Percentile £688 £713 £675
Central London median daily rate £525 £525 £500
% change year-on-year - +5.00% +5.26%
Number of hourly rates quoted 32 43 39
City of London median hourly rate £21.00 £18.70 £16.00
Median hourly rate % change year-on-year +12.30% +16.88% -17.92%
10th Percentile £11.25 £13.00 £12.52
90th Percentile £101.88 £35.77 £30.93
Central London median hourly rate £21.00 £18.70 £17.00
% change year-on-year +12.30% +10.00% -15.00%

Retail Banking
Job Vacancy Trend in the City of London

Job postings citing Retail Banking as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Retail Banking in the City of London

Retail 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 Retail Banking in the City of London.

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

Retail Banking
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Retail Banking in the City of London over the 6 months to 18 July 2019.

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

Retail 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 Retail Banking in the City of London.

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

For the 6 months to 18 July 2019, IT contractor jobs citing Retail 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 Retail Banking.

1 51 (78.46%) Banking
2 44 (67.69%) Finance
3 28 (43.08%) Agile Software Development
4 15 (23.08%) SQL
5 14 (21.54%) Stakeholder Management
6 13 (20.00%) Java
6 13 (20.00%) DevOps
7 12 (18.46%) Jenkins
7 12 (18.46%) Spring
8 11 (16.92%) Python
9 10 (15.38%) TDD
9 10 (15.38%) Scala
10 9 (13.85%) JIRA
11 8 (12.31%) Computer Science
12 7 (10.77%) Performance Testing
12 7 (10.77%) Migration
12 7 (10.77%) OOP
12 7 (10.77%) Unix
12 7 (10.77%) Hadoop
12 7 (10.77%) Waterfall
12 7 (10.77%) Functional Programming
12 7 (10.77%) Performance Tuning
12 7 (10.77%) R
12 7 (10.77%) HBase
12 7 (10.77%) HDFS
12 7 (10.77%) Apache Spark
12 7 (10.77%) Hadoop YARN
12 7 (10.77%) Performance Optimisation
12 7 (10.77%) Fintech
12 7 (10.77%) Travis CI

Retail 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 7 (10.77%) Apache Spark
2 4 (6.15%) WebSphere
3 3 (4.62%) SAS
4 1 (1.54%) Confluence
4 1 (1.54%) Skype for Business
Applications
1 1 (1.54%) Microsoft Excel
1 1 (1.54%) Microsoft Office
1 1 (1.54%) S-PLUS
Business Applications
1 2 (3.08%) Actimize
Cloud Services
1 4 (6.15%) Amazon AWS
2 2 (3.08%) Microsoft Azure
2 2 (3.08%) Office 365
3 1 (1.54%) Amazon ECS
3 1 (1.54%) Amazon EKS
3 1 (1.54%) AWS CloudFormation
3 1 (1.54%) AWS Lambda
3 1 (1.54%) Cloud Computing
3 1 (1.54%) Google Cloud Platform
3 1 (1.54%) Kong
3 1 (1.54%) OpenShift
3 1 (1.54%) Serverless
Communications & Networking
1 2 (3.08%) DNS
1 2 (3.08%) Internet
2 1 (1.54%) LAN
2 1 (1.54%) SAN
2 1 (1.54%) Skype
2 1 (1.54%) WAN
2 1 (1.54%) Wireless
Database & Business Intelligence
1 7 (10.77%) Hadoop
1 7 (10.77%) HBase
2 6 (9.23%) SQL Server
3 1 (1.54%) Amazon Redshift
3 1 (1.54%) Data Warehouse
3 1 (1.54%) DB2
3 1 (1.54%) MongoDB
3 1 (1.54%) NoSQL
Development Applications
1 12 (18.46%) Jenkins
2 9 (13.85%) JIRA
3 7 (10.77%) Travis CI
4 3 (4.62%) Git (software)
4 3 (4.62%) Octopus Deploy
5 1 (1.54%) HP UFT
5 1 (1.54%) Visual Studio
General
1 51 (78.46%) Banking
2 44 (67.69%) Finance
3 5 (7.69%) Advertising
4 4 (6.15%) Retail
5 3 (4.62%) Back Office
5 3 (4.62%) Financial Institution
5 3 (4.62%) Investment Banking
6 2 (3.08%) Legal
7 1 (1.54%) Front Office
7 1 (1.54%) Private Banking
Job Titles
1 20 (30.77%) Analyst
2 11 (16.92%) Business Analyst
2 11 (16.92%) Developer
3 10 (15.38%) Java Developer
4 7 (10.77%) Hadoop Developer
4 7 (10.77%) Java Hadoop Developer
4 7 (10.77%) Project Manager
5 5 (7.69%) Banking Analyst
5 5 (7.69%) Business IT Analyst
5 5 (7.69%) IT Analyst
5 5 (7.69%) IT Business Analyst
5 5 (7.69%) Retail Banking Business Analyst
5 5 (7.69%) Test Analyst
6 4 (6.15%) Credit Analyst
6 4 (6.15%) Integration Specialist
6 4 (6.15%) IT Manager
6 4 (6.15%) Project Analyst
6 4 (6.15%) WebSphere Specialist
6 4 (6.15%) XML Specialist
7 3 (4.62%) DevOps Engineer
Libraries, Frameworks & Software Standards
1 12 (18.46%) Spring
2 7 (10.77%) PySpark
3 5 (7.69%) JSON
3 5 (7.69%) REST
3 5 (7.69%) Web Services
3 5 (7.69%) XML
4 4 (6.15%) Hibernate
4 4 (6.15%) IBM Integration Bus
4 4 (6.15%) SOAP
4 4 (6.15%) Spring Boot
5 3 (4.62%) RESTful
6 1 (1.54%) Java EE
6 1 (1.54%) JPA
6 1 (1.54%) Kafka
6 1 (1.54%) Spring MVC
Miscellaneous
1 7 (10.77%) Linux Command Line
2 5 (7.69%) Credit Risk
3 3 (4.62%) Data Protection Act
3 3 (4.62%) Mobile App
3 3 (4.62%) PMI
3 3 (4.62%) User Experience
4 2 (3.08%) Greenfield Project
4 2 (3.08%) Online Banking
4 2 (3.08%) Self-Motivation
4 2 (3.08%) SWIFT
5 1 (1.54%) Analytical Skills
Operating Systems
1 7 (10.77%) Unix
2 2 (3.08%) Android
2 2 (3.08%) Windows
3 1 (1.54%) Windows 10
3 1 (1.54%) Windows 7
3 1 (1.54%) Windows 8
3 1 (1.54%) Windows Server
Processes & Methodologies
1 28 (43.08%) Agile Software Development
2 14 (21.54%) Stakeholder Management
3 13 (20.00%) DevOps
4 10 (15.38%) TDD
5 8 (12.31%) Computer Science
6 7 (10.77%) Fintech
6 7 (10.77%) Functional Programming
6 7 (10.77%) Migration
6 7 (10.77%) OOP
6 7 (10.77%) Performance Optimisation
6 7 (10.77%) Performance Testing
6 7 (10.77%) Performance Tuning
6 7 (10.77%) Waterfall
7 6 (9.23%) PRINCE2
7 6 (9.23%) Project Management
8 5 (7.69%) Business Analysis
8 5 (7.69%) KYC
8 5 (7.69%) Microservices
8 5 (7.69%) Test Scripting
9 3 (4.62%) Test Planning
Programming Languages
1 15 (23.08%) SQL
2 13 (20.00%) Java
3 11 (16.92%) Python
4 10 (15.38%) Scala
5 7 (10.77%) R
6 4 (6.15%) XPath
7 3 (4.62%) C#
7 3 (4.62%) PowerShell
8 2 (3.08%) Kotlin
8 2 (3.08%) VBA
9 1 (1.54%) Bash Shell
9 1 (1.54%) C
9 1 (1.54%) Java 8
9 1 (1.54%) JavaScript
Qualifications
1 5 (7.69%) PMI Certification
2 4 (6.15%) Degree
3 3 (4.62%) APMP
4 2 (3.08%) PMP
5 1 (1.54%) Computer Science Degree
5 1 (1.54%) Microsoft Certification
Quality Assurance & Compliance
1 5 (7.69%) PSD2
2 3 (4.62%) P3O
3 2 (3.08%) SEPA
4 1 (1.54%) Basel III
4 1 (1.54%) PMO
System Software
1 7 (10.77%) HDFS
2 3 (4.62%) Docker
3 2 (3.08%) Active Directory
Systems Management
1 7 (10.77%) Hadoop YARN
2 4 (6.15%) Kubernetes
3 2 (3.08%) Terraform
4 1 (1.54%) Ansible
4 1 (1.54%) HP ALM
4 1 (1.54%) HP Quality Center
4 1 (1.54%) SCCM
Vendors
1 4 (6.15%) IBM
2 3 (4.62%) Microsoft
3 2 (3.08%) Tableau
4 1 (1.54%) Google
4 1 (1.54%) HP
4 1 (1.54%) Oracle
4 1 (1.54%) VMware