Period
to 6 December 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 6 December 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
6 Dec 2019
Same period 2018 Same period 2017
Rank 189 208 142
Rank change year-on-year +19 -66 +41
Contract jobs citing Retail Banking 29 59 108
As % of all contract IT jobs advertised in the City of London 0.51% 0.82% 1.49%
As % of the General category 1.10% 1.55% 2.63%
Number of daily rates quoted 23 41 77
City of London median daily rate £675 £475 £500
Median daily rate % change year-on-year +42.11% -5.00% -6.98%
10th Percentile £503 £315 £352
90th Percentile £838 £675 £713
Central London median daily rate £675 £477 £500
% change year-on-year +41.51% -4.60% -4.76%
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 2,627 3,800 4,114
As % of all contract IT jobs advertised in the City of London 45.89% 52.97% 56.90%
Number of daily rates quoted 1,988 2,935 3,302
City of London median daily rate £523 £525 £525
Median daily rate % change year-on-year -0.48% - +5.00%
10th Percentile £313 £306 £323
90th Percentile £700 £688 £700
Central London median daily rate £513 £525 £515
% change year-on-year -2.38% +1.94% +5.64%
Number of hourly rates quoted 28 58 42
City of London median hourly rate £21.00 £19.13 £21.25
Median hourly rate % change year-on-year +9.80% -10.00% +4.29%
10th Percentile £12.76 £13.31 £13.48
90th Percentile £35.00 £37.09 £34.25
Central London median hourly rate £21.00 £19.00 £21.25
% change year-on-year +10.53% -10.59% +6.25%

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 6 December 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 6 December 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 22 (75.86%) Banking
2 20 (68.97%) Agile Software Development
3 19 (65.52%) Finance
4 8 (27.59%) Java
4 8 (27.59%) SQL
5 7 (24.14%) Python
5 7 (24.14%) TDD
5 7 (24.14%) Spring
5 7 (24.14%) JIRA
5 7 (24.14%) Scala
5 7 (24.14%) Jenkins
5 7 (24.14%) DevOps
6 6 (20.69%) Functional Programming
6 6 (20.69%) Apache Spark
6 6 (20.69%) Hadoop YARN
6 6 (20.69%) Performance Tuning
6 6 (20.69%) R
6 6 (20.69%) HBase
6 6 (20.69%) Performance Optimisation
6 6 (20.69%) Travis CI
6 6 (20.69%) Linux Command Line
6 6 (20.69%) PySpark
6 6 (20.69%) HDFS
6 6 (20.69%) Hadoop
6 6 (20.69%) Performance Testing
6 6 (20.69%) Computer Science
6 6 (20.69%) Unix
6 6 (20.69%) OOP
7 5 (17.24%) Waterfall
8 4 (13.79%) Stakeholder Management

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 6 (20.69%) Apache Spark
2 2 (6.90%) WebSphere
3 1 (3.45%) Confluence
Business Applications
1 1 (3.45%) Actimize
1 1 (3.45%) Temenos T24
Cloud Services
1 1 (3.45%) AWS
1 1 (3.45%) GitHub
Communications & Networking
1 1 (3.45%) HTTPS
1 1 (3.45%) LAN
1 1 (3.45%) WAN
Database & Business Intelligence
1 6 (20.69%) Hadoop
1 6 (20.69%) HBase
2 1 (3.45%) Data Warehouse
2 1 (3.45%) SQL Server
Development Applications
1 7 (24.14%) Jenkins
1 7 (24.14%) JIRA
2 6 (20.69%) Travis CI
3 1 (3.45%) Git (software)
3 1 (3.45%) JUnit
3 1 (3.45%) Mockito
3 1 (3.45%) Octopus Deploy
General
1 22 (75.86%) Banking
2 19 (65.52%) Finance
3 3 (10.34%) Front Office
4 2 (6.90%) Advertising
4 2 (6.90%) Back Office
5 1 (3.45%) Financial Institution
Job Titles
1 8 (27.59%) Developer
2 7 (24.14%) Analyst
2 7 (24.14%) Java Developer
3 6 (20.69%) Business Analyst
3 6 (20.69%) Hadoop Developer
3 6 (20.69%) Java Hadoop Developer
4 5 (17.24%) Project Manager
5 3 (10.34%) Banking Analyst
5 3 (10.34%) Report Manager
5 3 (10.34%) Retail Banking Project Manager
6 2 (6.90%) Agile Business Analyst
6 2 (6.90%) Business IT Analyst
6 2 (6.90%) IT Analyst
6 2 (6.90%) IT Business Analyst
6 2 (6.90%) Programme Manager
6 2 (6.90%) Retail Banking Business Analyst
6 2 (6.90%) Technical Analyst
6 2 (6.90%) Technical Business Analyst
7 1 (3.45%) IT Manager
7 1 (3.45%) Technical Architect
Libraries, Frameworks & Software Standards
1 7 (24.14%) Spring
2 6 (20.69%) PySpark
3 2 (6.90%) IBM Integration Bus
4 1 (3.45%) Dagger
4 1 (3.45%) Hibernate
4 1 (3.45%) Material Design
4 1 (3.45%) RESTful
4 1 (3.45%) Retrofit
4 1 (3.45%) RxJava
4 1 (3.45%) Spring Boot
Miscellaneous
1 6 (20.69%) Linux Command Line
2 3 (10.34%) PMI
3 2 (6.90%) Mobile App
Operating Systems
1 6 (20.69%) Unix
2 2 (6.90%) Android
Processes & Methodologies
1 20 (68.97%) Agile Software Development
2 7 (24.14%) DevOps
2 7 (24.14%) TDD
3 6 (20.69%) Computer Science
3 6 (20.69%) Functional Programming
3 6 (20.69%) OOP
3 6 (20.69%) Performance Optimisation
3 6 (20.69%) Performance Testing
3 6 (20.69%) Performance Tuning
4 5 (17.24%) Waterfall
5 4 (13.79%) Stakeholder Management
6 3 (10.34%) Change Management
6 3 (10.34%) PRINCE2
7 2 (6.90%) Kanban
7 2 (6.90%) Lean Six Sigma
7 2 (6.90%) Migration
7 2 (6.90%) Programme Management
7 2 (6.90%) Scrum
7 2 (6.90%) Six Sigma
7 2 (6.90%) Use Case
Programming Languages
1 8 (27.59%) Java
1 8 (27.59%) SQL
2 7 (24.14%) Python
2 7 (24.14%) Scala
3 6 (20.69%) R
4 2 (6.90%) Kotlin
5 1 (3.45%) C
5 1 (3.45%) C#
5 1 (3.45%) JavaScript
Qualifications
1 3 (10.34%) APMP
1 3 (10.34%) PMI Certification
2 1 (3.45%) Degree
Quality Assurance & Compliance
1 3 (10.34%) P3O
2 1 (3.45%) PSD2
System Software
1 6 (20.69%) HDFS
Systems Management
1 6 (20.69%) Hadoop YARN