Banking Contract Job Trends in the East of England

Banking
England > East of England

The table below looks at the prevalence of the term Banking in contract job vacancies in the East of England. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 9 August 2026, comparing them to the same period in the previous two years.

6 months to
9 Aug 2026
Same period 2025 Same period 2024
Rank 85 92 89
Rank change year-on-year +7 -3 -3
Contract jobs citing Banking 30 4 13
As % of all contract jobs in the East of England 1.37% 0.31% 0.82%
As % of the General category 2.69% 0.54% 1.40%
Number of daily rates quoted 26 1 6
10th Percentile £372 - £488
25th Percentile £505 - £513
Median daily rate (50th Percentile) £580 £750 £563
Median % change year-on-year -22.67% +33.33% -1.32%
75th Percentile £600 - £634
90th Percentile - - £650
England median daily rate £550 £575 £625
% change year-on-year -4.35% -8.00% -2.34%

All General Skills
East of England

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 East of England.

Contract vacancies with a requirement for general skills 1,114 739 928
As % of all contract IT jobs advertised in the East of England 50.82% 58.14% 58.29%
Number of daily rates quoted 459 331 310
10th Percentile £190 £195 £248
25th Percentile £325 £331 £327
Median daily rate (50th Percentile) £500 £500 £450
Median % change year-on-year - +11.11% -10.00%
75th Percentile £592 £588 £552
90th Percentile £657 £675 £650
England median daily rate £525 £513 £538
% change year-on-year +2.44% -4.65% -2.27%
Number of hourly rates quoted 324 178 364
10th Percentile £13.48 £14.60 £15.00
25th Percentile £15.00 £17.33 £16.30
Median hourly rate £21.00 £40.39 £40.00
Median % change year-on-year -48.00% +0.96% +125.73%
75th Percentile £65.00 £65.19 £50.00
90th Percentile £74.78 £81.35 £65.00
England median hourly rate £32.50 £25.15 £38.12
% change year-on-year +29.22% -34.02% +38.62%

Banking
Job Vacancy Trend in the East of England

Historical trend showing the proportion of contract IT job postings citing Banking relative to all contract IT jobs advertised in the East of England.

Banking job vacancy trend in the East of England

Banking
Daily Rate Trend in the East of England

Contractor daily rate distribution trend for jobs in the East of England citing Banking.

Contractor daily rate distribution trend for jobs in the East of England citing Banking

Banking
Daily Rate Histogram in the East of England

Daily rate distribution for jobs citing Banking in the East of England over the 6 months to 9 August 2026.

Daily rate histogram for Banking in the East of England

Banking
Hourly Rate Trend in the East of England

Contractor hourly rate distribution trend for jobs in the East of England citing Banking.

Contractor hourly rate distribution trend for jobs in the East of England citing Banking

Banking
Contract Job Locations in the East of England

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 of England region over the 6 months to 9 August 2026. 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
Essex +2 22 £560 -
Hertfordshire -12 3 - - 5
Cambridgeshire - 3 £375 - 4
Norfolk - 2 £600 - 2
Banking
England

Banking
Co-Occurring Skills & Capabilities in the East of England 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:

Cloud Services
1 16 (53.33%) GCP
2 7 (23.33%) AWS
3 5 (16.67%) Azure
4 4 (13.33%) GitHub
5 2 (6.67%) GitHub Actions
5 2 (6.67%) Google Kubernetes Engine
6 1 (3.33%) Amazon ECS
6 1 (3.33%) Amazon EKS
6 1 (3.33%) OpenShift
6 1 (3.33%) Power Platform
6 1 (3.33%) Snowflake
Communications & Networking
1 10 (33.33%) VPN
2 8 (26.67%) Firewall
Database & Business Intelligence
1 7 (23.33%) Relational Database
2 2 (6.67%) Metadata
3 1 (3.33%) Power BI
Development Applications
1 3 (10.00%) Git
2 2 (6.67%) IntelliJ
2 2 (6.67%) JUnit
2 2 (6.67%) SonarQube
General
1 25 (83.33%) Finance
2 11 (36.67%) Manufacturing
3 2 (6.67%) Documentation Skills
3 2 (6.67%) Financial Institution
4 1 (3.33%) Retail
4 1 (3.33%) Retail Banking
4 1 (3.33%) Social Skills
4 1 (3.33%) Telecoms
Job Titles
1 15 (50.00%) Developer
2 13 (43.33%) Java Developer
3 12 (40.00%) Software Engineer
4 11 (36.67%) Developer/Software Engineer
4 11 (36.67%) IAM Developer
4 11 (36.67%) Software Developer
5 10 (33.33%) Java Engineer
5 10 (33.33%) Java Software Engineer
6 9 (30.00%) Backend Developer
6 9 (30.00%) Java Software Developer
7 6 (20.00%) Architect
8 5 (16.67%) Cloud Architect
9 3 (10.00%) GCP Architect
9 3 (10.00%) Java Architect
9 3 (10.00%) Java Software Architect
9 3 (10.00%) Senior
9 3 (10.00%) Software Architect
10 2 (6.67%) GCP Developer
10 2 (6.67%) GCP DevOps
10 2 (6.67%) GCP DevOps Engineer
Libraries, Frameworks & Software Standards
1 4 (13.33%) OAuth
1 4 (13.33%) OpenID
2 2 (6.67%) React
2 2 (6.67%) Spring
2 2 (6.67%) Spring Boot
3 1 (3.33%) CSS
3 1 (3.33%) HTML
3 1 (3.33%) Kafka
Miscellaneous
1 5 (16.67%) Cloud Native
2 4 (13.33%) Distributed Systems
3 3 (10.00%) Mainframe
4 2 (6.67%) Private Cloud
4 2 (6.67%) Security Posture
5 1 (3.33%) Onboarding
5 1 (3.33%) Public Cloud
Processes & Methodologies
1 19 (63.33%) Software Engineering
2 12 (40.00%) CI/CD
3 11 (36.67%) Identity Access Management
4 10 (33.33%) DevOps
5 8 (26.67%) Agile
5 8 (26.67%) Identity Management
5 8 (26.67%) Load Balancing
6 7 (23.33%) Microservices
6 7 (23.33%) Problem-Solving
6 7 (23.33%) TDD
7 6 (20.00%) SDLC
7 6 (20.00%) Web Development
8 4 (13.33%) AI
8 4 (13.33%) Architectural Design
8 4 (13.33%) Customer Experience
8 4 (13.33%) Infrastructure as Code
8 4 (13.33%) Root Cause Analysis
9 3 (10.00%) Technical Leadership
10 2 (6.67%) Service-Level Objective
10 2 (6.67%) Site Reliability Engineering
Programming Languages
1 17 (56.67%) Java
2 2 (6.67%) JavaScript
3 1 (3.33%) SQL
Qualifications
1 2 (6.67%) AWS Certification
2 1 (3.33%) DBS Check
Quality Assurance & Compliance
1 3 (10.00%) QA
Systems Management
1 4 (13.33%) Single Sign-On
2 2 (6.67%) Ansible
2 2 (6.67%) Argo
2 2 (6.67%) Kubernetes
2 2 (6.67%) Terraform
Vendors
1 4 (13.33%) Google
2 2 (6.67%) AppDynamics
2 2 (6.67%) Checkmarx
2 2 (6.67%) Dynatrace
2 2 (6.67%) Moogsoft
3 1 (3.33%) Databricks
3 1 (3.33%) IBM