The table below looks at the prevalence of the term Wholesale 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 Wholesale Banking over the 3 months to 28 March 2017 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.

Wholesale Banking
London / City of London
3 months to
28 Mar 2017
Same period 2016 Same period 2015
Rank 153 152 191
Rank change year-on-year -1 +39  
Contract jobs citing Wholesale Banking 9 2 2
As % of all contract IT jobs advertised in the City of London 0.29% 0.060% 0.039%
As % of the General category 0.58% 0.11% 0.074%
Number of daily rates quoted 8 1 2
Median daily rate £425 £575 £463
Median daily rate % change year-on-year -26.08% +24.32%  
UK excluding London median daily rate £525 - £409
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Wholesale Banking is in the common skills category. The next 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.

General Skills
City of London
Contract job vacancies with a requirement for common skills 1553 1818 2711
As % of all contract IT job vacancies advertised in the City of London 50.72% 54.20% 52.43%
Number of daily rates quoted 1214 1477 2098
Median daily rate £525 £513 £475
Median daily rate % change year-on-year +2.43% +7.89%  
90% offered a daily rate of more than £325 £325 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £412 £400 £400
% change year-on-year +2.87% -  
Number of hourly rates quoted 22 10 18
Median hourly rate £18.27 £22.50 £17.87
Median hourly rate % change year-on-year -18.80% +25.94%  
90% offered a hourly rate of more than £13.50 £12.61 £13.25
10% offered a hourly rate of more than £29.07 £55.00 £47.55
UK excluding London median hourly rate £27.00 £31.00 £25.00
% change year-on-year -12.90% +24.00%  

Wholesale Banking
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Wholesale Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Wholesale Banking in the City of London

Wholesale 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 Wholesale Banking in the City of London.

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

Wholesale Banking
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Wholesale Banking in the City of London over the 3 months to 28 March 2017.

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

For the 6 months to 28 March 2017, IT contractor jobs citing Wholesale Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Wholesale Banking.

1 11 (100.00%) Banking
2 8 (72.73%) Loan IQ
2 8 (72.73%) FLEXCUBE
2 8 (72.73%) Test Scripting
2 8 (72.73%) QA
3 3 (27.27%) Finance
4 2 (18.18%) Project Management
4 2 (18.18%) Analytics
4 2 (18.18%) Analytical Skills
5 1 (9.09%) SEPA
5 1 (9.09%) Quantitative Finance
5 1 (9.09%) SAS Visual Analytics
5 1 (9.09%) Credit Risk Management
5 1 (9.09%) Credit Risk Modelling
5 1 (9.09%) IFRS
5 1 (9.09%) IFRS 9
5 1 (9.09%) Visual Analytics
5 1 (9.09%) Degree
5 1 (9.09%) Mathematics
5 1 (9.09%) Credit Risk
5 1 (9.09%) C#
5 1 (9.09%) C++
5 1 (9.09%) Java
5 1 (9.09%) SAS
5 1 (9.09%) Middleware
5 1 (9.09%) pSOS
5 1 (9.09%) GAP Analysis
5 1 (9.09%) Risk Management
5 1 (9.09%) Scrum
5 1 (9.09%) Risk Assessment

Wholesale 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 1 (9.09%) SAS
Business Applications
1 8 (72.73%) FLEXCUBE
1 8 (72.73%) Loan IQ
Database & Business Intelligence
1 1 (9.09%) Hadoop
1 1 (9.09%) SAS Visual Analytics
General
1 11 (100.00%) Banking
2 3 (27.27%) Finance
3 1 (9.09%) Corporate Banking
3 1 (9.09%) Retail
3 1 (9.09%) Retail Banking
Job Titles
1 8 (72.73%) Analyst
1 8 (72.73%) Business Analyst
2 6 (54.55%) Banking Analyst
2 6 (54.55%) Banking Business Analyst
3 2 (18.18%) Business Systems Analyst
4 1 (9.09%) Agile Delivery Manager
4 1 (9.09%) Architect
4 1 (9.09%) Delivery Manager
4 1 (9.09%) IT Architect
4 1 (9.09%) Payments Architect
4 1 (9.09%) Payments Solutions Architect
4 1 (9.09%) Programme Delivery Manager
4 1 (9.09%) Programme Manager
4 1 (9.09%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (9.09%) Middleware
Miscellaneous
1 2 (18.18%) Analytical Skills
2 1 (9.09%) Credit Risk
2 1 (9.09%) SWIFT
Operating Systems
1 1 (9.09%) pSOS
Processes & Methodologies
1 8 (72.73%) Test Scripting
2 2 (18.18%) Analytics
2 2 (18.18%) Project Management
3 1 (9.09%) Agile Project Management
3 1 (9.09%) Agile Software Development
3 1 (9.09%) Cash Management
3 1 (9.09%) Credit Risk Management
3 1 (9.09%) Credit Risk Modelling
3 1 (9.09%) Data Governance
3 1 (9.09%) Data Integration
3 1 (9.09%) Data Management
3 1 (9.09%) Economics
3 1 (9.09%) GAP Analysis
3 1 (9.09%) Kanban
3 1 (9.09%) Mathematics
3 1 (9.09%) Quantitative Finance
3 1 (9.09%) Risk Assessment
3 1 (9.09%) Risk Management
3 1 (9.09%) Scrum
3 1 (9.09%) Visual Analytics
Programming Languages
1 1 (9.09%) C#
1 1 (9.09%) C++
1 1 (9.09%) Java
Qualifications
1 1 (9.09%) Degree
Quality Assurance & Compliance
1 8 (72.73%) QA
2 1 (9.09%) IFRS
2 1 (9.09%) IFRS 9
2 1 (9.09%) SEPA