Banking Contracts in East London

Banking
London > East London

The table below looks at the prevalence of the term Banking in contract job vacancies in East London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 22 May 2025, comparing them to the same period in the previous two years.

6 months to
22 May 2025
Same period 2024 Same period 2023
Rank 7 18 11
Rank change year-on-year +11 -7 +3
Contract jobs citing Banking 12 16 21
As % of all contract jobs advertised in East London 12.00% 7.55% 11.23%
As % of the General category 19.35% 10.32% 16.80%
Number of daily rates quoted 11 15 21
10th Percentile £400 £450 -
25th Percentile £408 £495 £400
Median daily rate (50th Percentile) £415 £540 £540
Median % change year-on-year -23.15% - +35.00%
75th Percentile £495 £606 £688
90th Percentile £500 £738 £875
London median daily rate £650 £650 £675
% change year-on-year - -3.70% +3.85%
Number of hourly rates quoted 1 0 0
Median hourly rate £24.66 - -
London median hourly rate £24.66 £19.50 £21.00
% change year-on-year +26.46% -7.14% -23.64%

All General Skills
East London

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 common skills in East London.

Contract vacancies with a requirement for common skills 62 155 125
As % of all contract IT jobs advertised in East London 62.00% 73.11% 66.84%
Number of daily rates quoted 52 135 94
10th Percentile £313 £353 £205
25th Percentile £415 £433 £400
Median daily rate (50th Percentile) £540 £550 £537
Median % change year-on-year -1.82% +2.42% -7.41%
75th Percentile £591 £632 £684
90th Percentile £671 £773 £750
London median daily rate £565 £575 £600
% change year-on-year -1.74% -4.17% +4.35%
Number of hourly rates quoted 4 10 10
10th Percentile £13.00 - £21.01
25th Percentile £20.50 £11.95 £21.24
Median hourly rate £26.63 £18.41 £22.49
Median % change year-on-year +44.67% -18.13% -31.03%
75th Percentile £31.45 £37.83 £23.73
90th Percentile £36.58 £38.28 -
London median hourly rate £34.00 £27.92 £30.00
% change year-on-year +21.78% -6.93% -20.00%

Banking
Job Vacancy Trend in East London

Job postings citing Banking as a proportion of all IT jobs advertised in East London.

Job vacancy trend for Banking in East London

Banking
Contractor Daily Rate Trend in East London

3-month moving average daily rate quoted in jobs citing Banking in East London.

Daily rate trend for Banking in East London

Banking
Daily Rate Histogram in East London

Daily rate distribution for jobs citing Banking in East London over the 6 months to 22 May 2025.

Daily rate histogram for Banking in East London

Banking
Contractor Hourly Rate Trend in East London

3-month moving average hourly rates quoted in jobs citing Banking in East London.

Hourly rate trend for Banking in East London

Banking
Contract Job Locations in East London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the East London region over the 6 months to 22 May 2025. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Tower Hamlets 0 5 £495 -8.33% 2
Docklands, London +7 1 £500 -31.03%
Havering - 1 - -
Banking
London

Banking
Co-occurring Skills and Capabilities in East 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:

Application Platforms
1 1 (8.33%) Oracle Workflow
Applications
1 2 (16.67%) Microsoft Office
1 2 (16.67%) Sketch
2 1 (8.33%) Microsoft Excel
Business Applications
1 3 (25.00%) Oracle Assets
1 3 (25.00%) Oracle EBS
1 3 (25.00%) Oracle EBS R12
1 3 (25.00%) Oracle Payables
2 2 (16.67%) Oracle E-Business Tax
2 2 (16.67%) Oracle General Ledger
3 1 (8.33%) SAP S/4HANA
Cloud Services
1 2 (16.67%) Figma
2 1 (8.33%) Azure
2 1 (8.33%) Azure DevOps
2 1 (8.33%) Canva
2 1 (8.33%) Microsoft 365
2 1 (8.33%) Power Platform
Communications & Networking
1 1 (8.33%) LAN
1 1 (8.33%) Wi-Fi
1 1 (8.33%) Wireless
Database & Business Intelligence
1 2 (16.67%) Oracle Database
1 2 (16.67%) SQL Server
2 1 (8.33%) Oracle BI Publisher
2 1 (8.33%) Oracle Reports
2 1 (8.33%) Power BI
Development Applications
1 2 (16.67%) Axure RP
2 1 (8.33%) eggPlant
2 1 (8.33%) JIRA
2 1 (8.33%) JIRA Agile
2 1 (8.33%) Oracle APEX
2 1 (8.33%) Oracle Forms
General
1 11 (91.67%) Finance
2 3 (25.00%) Analytical Skills
2 3 (25.00%) General Ledger
3 1 (8.33%) Legal
3 1 (8.33%) Social Skills
Job Titles
1 3 (25.00%) Analyst
2 2 (16.67%) Designer
2 2 (16.67%) Project Manager
2 2 (16.67%) UI Designer
2 2 (16.67%) UI/UX Designer
2 2 (16.67%) UX Designer
3 1 (8.33%) AML Business Analyst
3 1 (8.33%) Business Analyst
3 1 (8.33%) Data Analyst
3 1 (8.33%) Data Analytics Analyst
3 1 (8.33%) Data Centre Engineer
3 1 (8.33%) Developer
3 1 (8.33%) Infrastructure Analyst
3 1 (8.33%) Infrastructure Test Analyst
3 1 (8.33%) IT Engineer
3 1 (8.33%) KYC Analyst
3 1 (8.33%) Oracle Developer
3 1 (8.33%) SAP Trainer
3 1 (8.33%) Test Analyst
3 1 (8.33%) Trainer
Libraries, Frameworks & Software Standards
1 2 (16.67%) .NET
1 2 (16.67%) .NET Framework
2 1 (8.33%) ADO
Miscellaneous
1 1 (8.33%) Data Centre
1 1 (8.33%) e-Learning
Operating Systems
1 2 (16.67%) Windows
2 1 (8.33%) Android
2 1 (8.33%) Mac OS
2 1 (8.33%) Unix
Processes & Methodologies
1 4 (33.33%) Agile
2 3 (25.00%) Accounts Payable
2 3 (25.00%) Data Analysis
2 3 (25.00%) Workshop Facilitation
3 2 (16.67%) Business Intelligence
3 2 (16.67%) Low-Fidelity Prototypes
3 2 (16.67%) PRINCE2
3 2 (16.67%) Project Management
3 2 (16.67%) Prototyping
3 2 (16.67%) Service Design
3 2 (16.67%) User Experience
3 2 (16.67%) User Research
3 2 (16.67%) User-Centered Design (UCD)
3 2 (16.67%) UX Design
3 2 (16.67%) Workflow
4 1 (8.33%) Product Management
4 1 (8.33%) Regression Testing
4 1 (8.33%) Risk Management
4 1 (8.33%) Test Automation
4 1 (8.33%) UML
Programming Languages
1 4 (33.33%) SQL
2 3 (25.00%) PL/SQL
3 2 (16.67%) C#
4 1 (8.33%) Java
Qualifications
1 2 (16.67%) Degree
1 2 (16.67%) PRINCE2 Certification
2 1 (8.33%) DV Cleared
2 1 (8.33%) SC Cleared
2 1 (8.33%) Security Cleared
Quality Assurance & Compliance
1 2 (16.67%) QA
Vendors
1 5 (41.67%) Oracle
2 1 (8.33%) Apple
2 1 (8.33%) Cisco
2 1 (8.33%) Concur
2 1 (8.33%) Dell
2 1 (8.33%) HP
2 1 (8.33%) SAP