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 18 September 2025, comparing them to the same period in the previous two years.

6 months to
18 Sep 2025
Same period 2024 Same period 2023
Rank 88 84 85
Rank change year-on-year -4 +1 +44
Contract jobs citing Banking 3 12 28
As % of all contract jobs advertised in the East of England 0.23% 0.78% 1.51%
As % of the General category 0.39% 1.39% 2.62%
Number of daily rates quoted 1 6 20
10th Percentile - £488 £419
25th Percentile - £513 £503
Median daily rate (50th Percentile) £700 £600 £560
Median % change year-on-year +16.67% +7.14% +28.00%
75th Percentile - £650 £595
90th Percentile - £713 £600
England median daily rate £563 £625 £625
% change year-on-year -10.00% - -3.85%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £89.44
England median hourly rate £25.15 £16.00 £18.50
% change year-on-year +57.19% -13.51% -17.61%

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 common skills in the East of England.

Contract vacancies with a requirement for common skills 769 864 1,070
As % of all contract IT jobs advertised in the East of England 59.29% 56.47% 57.87%
Number of daily rates quoted 303 286 553
10th Percentile £185 £189 £208
25th Percentile £350 £325 £350
Median daily rate (50th Percentile) £500 £450 £500
Median % change year-on-year +11.11% -10.00% -
75th Percentile £600 £558 £613
90th Percentile £688 £641 £742
England median daily rate £500 £538 £550
% change year-on-year -6.98% -2.27% -
Number of hourly rates quoted 220 281 278
10th Percentile £14.38 £15.00 £13.41
25th Percentile £16.00 £15.62 £14.25
Median hourly rate £26.41 £38.12 £17.72
Median % change year-on-year -30.72% +115.12% -10.55%
75th Percentile £65.00 £50.00 £49.00
90th Percentile £75.00 £65.00 £65.00
England median hourly rate £25.15 £38.85 £27.50
% change year-on-year -35.26% +41.27% +10.93%

Banking
Job Vacancy Trend in the East of England

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

Job vacancy trend for Banking 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
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 18 September 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
Essex +2 2 £700 - 3
Hertfordshire - 1 - - 7
Banking
England

Banking
Co-occurring Skills and Capabilities in the East of England 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 (33.33%) SAS
General
1 3 (100.00%) Finance
2 1 (33.33%) Analytical Skills
2 1 (33.33%) Organisational Skills
2 1 (33.33%) Social Skills
Job Titles
1 2 (66.67%) Data Centre Engineer
2 1 (33.33%) Developer
2 1 (33.33%) Developer/Software Engineer
2 1 (33.33%) Python Developer
2 1 (33.33%) Python Engineer
2 1 (33.33%) Python Software Engineer
2 1 (33.33%) R Developer
2 1 (33.33%) SAS Developer
2 1 (33.33%) SAS Engineer
2 1 (33.33%) Software Developer
2 1 (33.33%) Software Engineer
Miscellaneous
1 2 (66.67%) Data Centre
2 1 (33.33%) Credit Risk
Processes & Methodologies
1 3 (100.00%) Risk Management
2 2 (66.67%) Asset Management
2 2 (66.67%) Budget Management
2 2 (66.67%) Budgeting
2 2 (66.67%) Capacity Management
2 2 (66.67%) Change Management
2 2 (66.67%) Fault Management
2 2 (66.67%) Incident Response
2 2 (66.67%) Preventative Maintenance
2 2 (66.67%) Problem Management
2 2 (66.67%) Project Management
2 2 (66.67%) Root Cause Analysis
3 1 (33.33%) Analytical Modelling
3 1 (33.33%) Credit Risk Management
3 1 (33.33%) Problem-Solving
3 1 (33.33%) Regulatory Compliance
3 1 (33.33%) Scorecard
3 1 (33.33%) System Testing
3 1 (33.33%) Test Strategy
3 1 (33.33%) Translating Business Requirements
Programming Languages
1 1 (33.33%) Java
1 1 (33.33%) Python
1 1 (33.33%) R
1 1 (33.33%) SQL
Qualifications
1 1 (33.33%) Degree
Quality Assurance & Compliance
1 2 (66.67%) NIST
1 2 (66.67%) PCI DSS