Target Operating Model Contract Job Trends in the City of London

Target Operating Model (TOM)
Central London > City of London

The table below provides summary statistics and contractor rates for jobs advertised in the City of London requiring Target Operating Model skills. It covers vacancies from the 6 months leading up to 19 September 2025, with comparisons to the same periods in the previous two years.

6 months to
19 Sep 2025
Same period 2024 Same period 2023
Rank 105 117 125
Rank change year-on-year +12 +8 +27
Contract jobs citing Target Operating Model 12 11 29
As % of all contract jobs advertised in the City of London 0.68% 0.52% 0.97%
As % of the Processes & Methodologies category 0.73% 0.57% 1.07%
Number of daily rates quoted 9 8 23
10th Percentile £335 £603 £483
25th Percentile £475 £634 £550
Median daily rate (50th Percentile) £600 £683 £665
Median % change year-on-year -12.09% +2.63% +10.83%
75th Percentile £675 £747 £775
90th Percentile £750 £798 £800
Central London median daily rate £613 £678 £665
% change year-on-year -9.59% +1.88% +10.83%

All Process and Methodology Skills
City of London

Target Operating Model falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in the City of London.

Contract vacancies with a requirement for process or methodology skills 1,650 1,935 2,700
As % of all contract IT jobs advertised in the City of London 94.12% 91.92% 90.12%
Number of daily rates quoted 1,099 1,221 1,867
10th Percentile £324 £375 £363
25th Percentile £415 £475 £475
Median daily rate (50th Percentile) £550 £575 £600
Median % change year-on-year -4.35% -4.17% +4.35%
75th Percentile £675 £688 £701
90th Percentile £763 £788 £813
Central London median daily rate £550 £575 £600
% change year-on-year -4.35% -4.17% +4.35%
Number of hourly rates quoted 21 16 16
10th Percentile £17.08 £15.00 £14.25
25th Percentile £23.75 £20.00 £16.02
Median hourly rate £28.15 £27.00 £25.00
Median % change year-on-year +4.26% +8.00% -41.86%
75th Percentile £56.75 £82.19 £44.87
90th Percentile £63.75 £137.50 £60.88
Central London median hourly rate £28.50 £35.00 £26.00
% change year-on-year -18.57% +34.62% -38.82%

Target Operating Model
Job Vacancy Trend in the City of London

Job postings citing Target Operating Model as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Target Operating Model in the City of London

Target Operating Model
Daily Rate Trend in the City of London

Contractor daily rate distribution trend for jobs in the City of London citing Target Operating Model.

Contractor daily rate distribution trend for jobs in the City of London citing Target Operating Model

Target Operating Model
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Target Operating Model in the City of London over the 6 months to 19 September 2025.

Daily rate histogram for Target Operating Model in the City of London

Target Operating Model
Co-occurring Skills and Capabilities in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 4 (33.33%) Microsoft Office
2 2 (16.67%) Microsoft Excel
2 2 (16.67%) Microsoft PowerPoint
2 2 (16.67%) MS Visio
Cloud Services
1 4 (33.33%) Azure
2 1 (8.33%) AWS
2 1 (8.33%) Azure Sentinel
2 1 (8.33%) Entra ID
2 1 (8.33%) GCP
2 1 (8.33%) Microsoft 365
Communications & Networking
1 1 (8.33%) Network Security
Database & Business Intelligence
1 1 (8.33%) Data Warehouse
Development Applications
1 1 (8.33%) JIRA
General
1 7 (58.33%) Finance
2 4 (33.33%) Analytical Skills
2 4 (33.33%) Banking
2 4 (33.33%) Social Skills
3 3 (25.00%) Back Office
3 3 (25.00%) Influencing Skills
4 2 (16.67%) Public Sector
5 1 (8.33%) Corporate Banking
5 1 (8.33%) Financial Institution
5 1 (8.33%) Front Office
5 1 (8.33%) General Ledger
5 1 (8.33%) Investment Banking
5 1 (8.33%) Law
5 1 (8.33%) Legal
5 1 (8.33%) Organisational Skills
Job Titles
1 5 (41.67%) Analyst
1 5 (41.67%) Business Analyst
2 4 (33.33%) Senior
2 4 (33.33%) Senior Manager
3 3 (25.00%) Change Manager
4 2 (16.67%) ACBS Business Analyst
4 2 (16.67%) Senior Change Manager
4 2 (16.67%) Senior Transformation Manager
4 2 (16.67%) Transformation Manager
5 1 (8.33%) AML Business Analyst
5 1 (8.33%) AWS Architect
5 1 (8.33%) Business Change Manager
5 1 (8.33%) Cloud Infrastructure Manager
5 1 (8.33%) Infrastructure Change Manager
5 1 (8.33%) Kafka Architect
5 1 (8.33%) KYC Analyst
5 1 (8.33%) Senior Business Change Manager
5 1 (8.33%) Senior Delivery Manager
5 1 (8.33%) TOGAF Architect
5 1 (8.33%) UML Architect
Libraries, Frameworks & Software Standards
1 2 (16.67%) XML
2 1 (8.33%) Kafka
Miscellaneous
1 1 (8.33%) Analytical Mindset
1 1 (8.33%) CMDB
1 1 (8.33%) Data Structures
1 1 (8.33%) Derivative
1 1 (8.33%) Fixed Income
1 1 (8.33%) Foreign Exchange (FX)
1 1 (8.33%) Management Information System
1 1 (8.33%) Onboarding
Operating Systems
1 1 (8.33%) Windows
Processes & Methodologies
1 3 (25.00%) Change Management
1 3 (25.00%) Data Modelling
1 3 (25.00%) Problem-Solving
1 3 (25.00%) Stakeholder Management
2 2 (16.67%) Agile
2 2 (16.67%) Business Analysis
2 2 (16.67%) Continuous Improvement
2 2 (16.67%) Data Migration
2 2 (16.67%) Decision-Making
2 2 (16.67%) Emotional Intelligence
2 2 (16.67%) Impact Assessments
2 2 (16.67%) Information Security
2 2 (16.67%) Matrix Management
2 2 (16.67%) Matrix Organization
2 2 (16.67%) Migration
2 2 (16.67%) Project Management
2 2 (16.67%) Technology Transformation
2 2 (16.67%) Use Case
2 2 (16.67%) User Stories
2 2 (16.67%) Workshop Facilitation
Programming Languages
1 1 (8.33%) Java
1 1 (8.33%) Korn
1 1 (8.33%) Perl
1 1 (8.33%) PowerShell
1 1 (8.33%) Python
Qualifications
1 6 (50.00%) Degree
2 2 (16.67%) SC Cleared
2 2 (16.67%) Security Cleared
3 1 (8.33%) Computer Science Degree
3 1 (8.33%) ITIL Certification
Quality Assurance & Compliance
1 2 (16.67%) QA
2 1 (8.33%) Data Quality
2 1 (8.33%) Dodd-Frank
2 1 (8.33%) EMIR
2 1 (8.33%) MiFID
System Software
1 1 (8.33%) Active Directory
Systems Management
1 1 (8.33%) QRadar
Vendors
1 3 (25.00%) Microsoft
2 1 (8.33%) eFront
2 1 (8.33%) Exabeam
2 1 (8.33%) ServiceNow
2 1 (8.33%) Splunk