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 23 February 2026, comparing them to the same period in the previous two years.

6 months to
23 Feb 2026
Same period 2025 Same period 2024
Rank 105 90 124
Rank change year-on-year -15 +34 +40
Contract jobs citing Retail Banking 20 30 12
As % of all contract jobs in the City of London 1.03% 1.64% 0.50%
As % of the General category 1.57% 2.44% 0.78%
Number of daily rates quoted 7 11 7
10th Percentile £519 £506 £533
25th Percentile £525 £600 £669
Median daily rate (50th Percentile) £550 £675 £775
Median % change year-on-year -18.52% -12.90% +29.17%
75th Percentile £631 £688 £838
90th Percentile £773 - £918
Central London median daily rate £550 £675 £775
% change year-on-year -18.52% -12.90% +29.17%

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 1,271 1,231 1,545
As % of all contract IT jobs advertised in the City of London 65.28% 67.38% 64.86%
Number of daily rates quoted 830 741 1,100
10th Percentile £352 £348 £338
25th Percentile £450 £459 £456
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - -4.17%
75th Percentile £688 £688 £688
90th Percentile £800 £775 £800
Central London median daily rate £550 £575 £568
% change year-on-year -4.35% +1.32% -5.42%
Number of hourly rates quoted 19 5 11
10th Percentile £18.75 - £17.00
25th Percentile £20.18 £22.00 £18.46
Median hourly rate £27.50 £31.00 £24.00
Median % change year-on-year -11.29% +29.17% -40.74%
75th Percentile £42.65 £33.75 £37.13
90th Percentile £52.48 £126.00 £50.25
Central London median hourly rate £26.11 £31.75 £24.00
% change year-on-year -17.76% +32.29% -40.74%

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 23 February 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 (10.00%) CMS
2 1 (5.00%) Appian
Business Applications
1 10 (50.00%) Oracle Payables
1 10 (50.00%) Oracle Procure-to-Pay
1 10 (50.00%) Oracle Receivables
Cloud Services
1 10 (50.00%) OCI
2 1 (5.00%) AWS
Communications & Networking
1 1 (5.00%) SMS
Database & Business Intelligence
1 1 (5.00%) Big Data
1 1 (5.00%) Neo4j
1 1 (5.00%) Tableau
Development Applications
1 2 (10.00%) GitLab
1 2 (10.00%) Gradle
1 2 (10.00%) Jenkins
1 2 (10.00%) TeamCity
General
1 20 (100.00%) Banking
2 15 (75.00%) Finance
2 15 (75.00%) Investment Banking
3 3 (15.00%) Corporate Banking
3 3 (15.00%) Retail
4 2 (10.00%) Social Skills
5 1 (5.00%) Analytical Skills
5 1 (5.00%) Presentation Skills
Job Titles
1 3 (15.00%) Senior
2 2 (10.00%) DevOps Engineer
2 2 (10.00%) Senior DevOps
2 2 (10.00%) Senior DevOps Engineer
3 1 (5.00%) Analyst
3 1 (5.00%) Applications Consultant
3 1 (5.00%) Architect
3 1 (5.00%) Business Analyst
3 1 (5.00%) Charles River Consultant
3 1 (5.00%) Charles River Expert
3 1 (5.00%) Consultant
3 1 (5.00%) Customer Analyst
3 1 (5.00%) Designer
3 1 (5.00%) Infrastructure Architect
3 1 (5.00%) Programme Manager
3 1 (5.00%) Senior Designer
3 1 (5.00%) Senior Service Designer
3 1 (5.00%) Service Designer
3 1 (5.00%) Transformation Manager
3 1 (5.00%) Transformation Programme Manager
Libraries, Frameworks & Software Standards
1 2 (10.00%) .NET
2 1 (5.00%) GraphX
2 1 (5.00%) NetworkX
2 1 (5.00%) PySpark
2 1 (5.00%) PyTorch
2 1 (5.00%) scikit-learn
2 1 (5.00%) TensorFlow
Miscellaneous
1 2 (10.00%) Legacy Systems
1 2 (10.00%) Onboarding
2 1 (5.00%) Algorithms
Processes & Methodologies
1 10 (50.00%) Accounts Payable
1 10 (50.00%) Accounts Receivable
1 10 (50.00%) Asset Management
1 10 (50.00%) Procure-to-Pay
1 10 (50.00%) User Acceptance Testing
2 5 (25.00%) Wealth Management
3 4 (20.00%) Analytics
4 3 (15.00%) Customer Experience
4 3 (15.00%) Roadmaps
5 2 (10.00%) Backlog Prioritisation
5 2 (10.00%) CI/CD
5 2 (10.00%) Content Management
5 2 (10.00%) DevOps
5 2 (10.00%) Event-Driven
5 2 (10.00%) Problem-Solving
5 2 (10.00%) Product Strategy
5 2 (10.00%) Push Notifications
5 2 (10.00%) Regulatory Compliance
5 2 (10.00%) Trunk-Based Development
5 2 (10.00%) Workshop Facilitation
Programming Languages
1 3 (15.00%) Python
2 2 (10.00%) Java
2 2 (10.00%) Rust
2 2 (10.00%) TypeScript
Quality Assurance & Compliance
1 1 (5.00%) ISO 20022
1 1 (5.00%) SEPA
System Software
1 2 (10.00%) Docker
Systems Management
1 2 (10.00%) Ansible
1 2 (10.00%) Kubernetes
2 1 (5.00%) Systems Management Server (SMS)
Vendors
1 10 (50.00%) Oracle
2 1 (5.00%) Charles River
2 1 (5.00%) Microsoft