Period
to 16 January 2018

The median contractor rate for a Banking Analyst was £425 per day in advertised job vacancies in England during the 6 months to 16 January 2018.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Banking Analyst
UK > England
6 months to
16 Jan 2018
Same period 2017 Same period 2016
Rank 377 450 265
Rank change year-on-year +73 -185 +56
Contract jobs requiring a Banking Analyst 556 416 925
As % of all contract IT jobs advertised in England 0.60% 0.46% 0.94%
As % of the Job Titles category 0.64% 0.49% 0.99%
Number of daily rates quoted 410 281 664
England median daily rate £425 £450 £439
Median daily rate % change year-on-year -5.56% +2.56% -2.50%
10th Percentile £256 £300 £305
90th Percentile £625 £650 £600
UK median daily rate £415 £450 £423
% change year-on-year -7.78% +6.38% -6.00%
Number of hourly rates quoted 0 0 1
England median hourly rate - - £185.00
UK median hourly rate £17.50 - £185.00

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
England
Contract vacancies in England with a recognized job title 87,492 85,020 93,402
% of contract IT jobs with a recognized job title 94.77% 94.74% 95.06%
Number of daily rates quoted 58,750 56,010 60,380
England median daily rate £450 £425 £415
Median daily rate % change year-on-year +5.88% +2.41% +3.75%
10th Percentile £263 £256 £250
90th Percentile £638 £609 £600
UK median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 2,541 2,892 3,573
England median hourly rate £18.50 £18.29 £18.25
Median hourly rate % change year-on-year +1.15% +0.22% +10.61%
10th Percentile £10.80 £10.50 £10.50
90th Percentile £47.83 £47.00 £46.25
UK median hourly rate £18.50 £18.00 £18.50
% change year-on-year +2.78% -2.70% +12.12%

Banking Analyst
Job Vacancy Trend in England

Job postings that featured Banking Analyst in the job title as a percentage of all IT jobs advertised in England.

Job vacancy trend for Banking Analyst in England

Banking Analyst
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking Analyst in England.

Contractor daily rate trend for Banking Analyst in England

Banking Analyst
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Banking Analyst in England over the 6 months to 16 January 2018.

Contractor daily rate histogram for Banking Analyst in England

Banking Analyst
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking Analyst in England.

Contractor hourly rate trend for Banking Analyst in England

Banking Analyst
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Analyst within the England region over the 6 months to 16 January 2018. 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
Job
Vacancies
London +17 404 £475 - 15
South West +72 73 £330 -20.00% 6
North of England +55 49 £357 -4.93%
Yorkshire +38 26 £398 +13.57%
North West +18 23 £341 -12.00%
Midlands -11 17 £342 -14.50%
South East -34 13 £398 +0.95%
West Midlands +9 10 £300 +9.09%
East Midlands -15 4 £525 +31.25%
Banking Analyst
UK

Banking Analyst Skill Set
Top 30 Co-occurring IT Skills in England

For the 6 months to 16 January 2018, Banking Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region featuring Banking Analyst in the job title.

1 556 (100.00%) Banking
2 275 (49.46%) Finance
3 144 (25.90%) Agile Software Development
4 139 (25.00%) Investment Banking
5 130 (23.38%) Retail Banking
5 130 (23.38%) SQL
6 124 (22.30%) Business Analysis
7 116 (20.86%) Stakeholder Management
8 66 (11.87%) Data Analysis
9 60 (10.79%) Test Scripting
10 55 (9.89%) User Acceptance Testing
11 50 (8.99%) Front Office
11 50 (8.99%) Test Automation
12 49 (8.81%) Migration
12 49 (8.81%) Microsoft Excel
13 46 (8.27%) Change Management
14 44 (7.91%) QA
15 43 (7.73%) Scrum
16 39 (7.01%) Scenario Testing
17 36 (6.47%) Fixed Income
17 36 (6.47%) Equities
18 35 (6.29%) Python
18 35 (6.29%) Data Modelling
18 35 (6.29%) GDPR
19 34 (6.12%) VBA
19 34 (6.12%) Foreign Exchange (FX)
19 34 (6.12%) Market Risk
20 33 (5.94%) ISEB
21 32 (5.76%) Microsoft
21 32 (5.76%) Active Directory

Banking Analyst Skill Set
Co-occurring IT Skills in England 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 17 (3.06%) SAS
2 9 (1.62%) Confluence
3 8 (1.44%) SharePoint
4 2 (0.36%) Apache
4 2 (0.36%) Apache Spark
4 2 (0.36%) BizTalk Server
4 2 (0.36%) CICS
4 2 (0.36%) Elasticsearch
4 2 (0.36%) IIS
4 2 (0.36%) MS Exchange
4 2 (0.36%) Skype for Business
4 2 (0.36%) Tomcat
4 2 (0.36%) WebSphere
5 1 (0.18%) Apache Pig
5 1 (0.18%) Cloud Foundry
5 1 (0.18%) Exchange Server 2003
5 1 (0.18%) Exchange Server 2007
5 1 (0.18%) Exchange Server 2010
5 1 (0.18%) Exchange Server 2013
5 1 (0.18%) Jupyter
Applications
1 49 (8.81%) Microsoft Excel
2 16 (2.88%) Microsoft Office
3 10 (1.80%) MS Visio
4 8 (1.44%) Microsoft PowerPoint
5 6 (1.08%) Microsoft Project
6 3 (0.54%) Spreadsheet
7 1 (0.18%) SPSS
Business Applications
1 6 (1.08%) Dynamics CRM
2 3 (0.54%) Actimize
2 3 (0.54%) Bloomberg TOMS
2 3 (0.54%) ION MarketView
2 3 (0.54%) Temenos T24
3 2 (0.36%) Algo Collateral
3 2 (0.36%) Salerio
3 2 (0.36%) Summit
3 2 (0.36%) Temenos Globus
3 2 (0.36%) WebTrends
4 1 (0.18%) Cognos Business Intelligence
4 1 (0.18%) SAP HR
4 1 (0.18%) VisionPLUS
Cloud Services
1 3 (0.54%) Microsoft Azure
1 3 (0.54%) Office 365
2 2 (0.36%) Bluemix
2 2 (0.36%) Google Analytics
2 2 (0.36%) IBM Blueworks
2 2 (0.36%) IBM Cloud
2 2 (0.36%) OpenDNS
2 2 (0.36%) Yammer
3 1 (0.18%) Amazon AWS
3 1 (0.18%) Azure Active Directory
3 1 (0.18%) OpenShift
3 1 (0.18%) SaaS
Communications & Networking
1 9 (1.62%) Internet
2 4 (0.72%) DNS
2 4 (0.72%) Firewall
3 3 (0.54%) Network Security
3 3 (0.54%) VSAN
4 2 (0.36%) HTTP
4 2 (0.36%) Intrusion Detection
4 2 (0.36%) LAN
4 2 (0.36%) SMS
4 2 (0.36%) TCP/IP
4 2 (0.36%) WAN
5 1 (0.18%) DHCP
5 1 (0.18%) SAN
5 1 (0.18%) SSL
Database & Business Intelligence
1 22 (3.96%) Data Warehouse
2 19 (3.42%) SQL Server
3 13 (2.34%) QlikView
4 8 (1.44%) Power BI
4 8 (1.44%) SQL Server Integration Services
5 7 (1.26%) MS Access
6 6 (1.08%) Big Data
6 6 (1.08%) Blockchain
6 6 (1.08%) Hadoop
6 6 (1.08%) PowerPivot
7 5 (0.90%) Oracle Database
8 4 (0.72%) DB2
8 4 (0.72%) SQL Server Reporting Services
9 3 (0.54%) BusinessObjects
9 3 (0.54%) Oracle Database 11g
9 3 (0.54%) SAS Visual Analytics
10 2 (0.36%) Data Mining
10 2 (0.36%) Maltego
10 2 (0.36%) NoSQL
10 2 (0.36%) Star Schema
Development Applications
1 32 (5.76%) JIRA
2 19 (3.42%) Selenium
3 17 (3.06%) HP UFT
4 14 (2.52%) Cucumber
5 9 (1.62%) SoapUI
6 8 (1.44%) IntelliJ
7 7 (1.26%) Jenkins
7 7 (1.26%) Maven
8 5 (0.90%) Gerrit
8 5 (0.90%) Git (software)
8 5 (0.90%) TeamCity
9 4 (0.72%) WebDriver
10 3 (0.54%) SpecFlow
11 2 (0.36%) LoadRunner
11 2 (0.36%) Metasploit
12 1 (0.18%) Hudson
12 1 (0.18%) JBehave
12 1 (0.18%) JMeter
12 1 (0.18%) Oracle APEX
12 1 (0.18%) TestComplete
General
1 556 (100.00%) Banking
2 275 (49.46%) Finance
3 139 (25.00%) Investment Banking
4 130 (23.38%) Retail Banking
5 50 (8.99%) Front Office
6 27 (4.86%) Private Banking
7 23 (4.14%) International Banking
8 21 (3.78%) Retail
9 18 (3.24%) Marketing
10 15 (2.70%) Legal
11 14 (2.52%) Back Office
12 6 (1.08%) Corporate Banking
13 4 (0.72%) Telecoms
14 3 (0.54%) Wholesale Banking
15 2 (0.36%) Financial Institution
15 2 (0.36%) General Ledger
15 2 (0.36%) Japanese Language
15 2 (0.36%) Prime Brokerage
15 2 (0.36%) Publishing
16 1 (0.18%) Retail Finance
Libraries, Frameworks & Software Standards
1 28 (5.04%) XML
2 12 (2.16%) REST
3 11 (1.98%) RESTful
4 8 (1.44%) HTML
4 8 (1.44%) MSMQ
4 8 (1.44%) RabbitMQ
4 8 (1.44%) WebSphere MQ
5 7 (1.26%) .NET
5 7 (1.26%) FpML
5 7 (1.26%) Gherkin
6 6 (1.08%) FIX Protocol
6 6 (1.08%) XSD
6 6 (1.08%) XSLT
7 5 (0.90%) CSS
7 5 (0.90%) IBM Integration Bus
7 5 (0.90%) JSON
8 4 (0.72%) Ajax
9 3 (0.54%) SOAP
10 2 (0.36%) Spring
10 2 (0.36%) Web Services
Miscellaneous
1 36 (6.47%) Equities
1 36 (6.47%) Fixed Income
2 34 (6.12%) Foreign Exchange (FX)
2 34 (6.12%) Market Risk
3 31 (5.58%) Analytical Skills
4 27 (4.86%) Credit Risk
5 26 (4.68%) Derivative
6 20 (3.60%) Mainframe
7 9 (1.62%) Management Information System
8 8 (1.44%) Greenfield Project
9 7 (1.26%) Data Structures
9 7 (1.26%) SWIFT
9 7 (1.26%) User Experience
10 6 (1.08%) AS400
10 6 (1.08%) Computer Science
10 6 (1.08%) Virtual Team
11 5 (0.90%) iSeries
11 5 (0.90%) OTC Derivatives
12 3 (0.54%) IBM Mainframe
12 3 (0.54%) Reference Data
Operating Systems
1 31 (5.58%) Windows
2 26 (4.68%) Unix
3 16 (2.88%) Windows Server
4 13 (2.34%) Linux
5 4 (0.72%) Windows Server 2012
6 2 (0.36%) NetWare
7 1 (0.18%) Windows NT
7 1 (0.18%) Windows Server 2003
Processes & Methodologies
1 144 (25.90%) Agile Software Development
2 124 (22.30%) Business Analysis
3 116 (20.86%) Stakeholder Management
4 66 (11.87%) Data Analysis
5 60 (10.79%) Test Scripting
6 55 (9.89%) User Acceptance Testing
7 50 (8.99%) Test Automation
8 49 (8.81%) Migration
9 46 (8.27%) Change Management
10 43 (7.73%) Scrum
11 39 (7.01%) Scenario Testing
12 35 (6.29%) Data Modelling
13 32 (5.76%) User Stories
14 31 (5.58%) Target Operating Model
15 28 (5.04%) Analytics
16 26 (4.68%) Business Intelligence
16 26 (4.68%) GAP Analysis
17 25 (4.50%) ITIL
18 23 (4.14%) Project Management
19 22 (3.96%) Waterfall
Programming Languages
1 130 (23.38%) SQL
2 35 (6.29%) Python
3 34 (6.12%) VBA
4 32 (5.76%) Java
5 24 (4.32%) C#
6 23 (4.14%) C++
7 11 (1.98%) R
8 9 (1.62%) Perl
9 7 (1.26%) VB
10 6 (1.08%) PHP
10 6 (1.08%) XPath
11 5 (0.90%) Bash Shell
11 5 (0.90%) PL/SQL
12 4 (0.72%) JavaScript
12 4 (0.72%) Shell Script
13 3 (0.54%) PowerShell
14 2 (0.36%) COBOL
14 2 (0.36%) Scala
15 1 (0.18%) T-SQL
15 1 (0.18%) VB.NET
Qualifications
1 33 (5.94%) ISEB
2 26 (4.68%) ISTQB
3 25 (4.50%) Degree
4 17 (3.06%) ITIL Certification
5 12 (2.16%) Master's Degree
6 5 (0.90%) Numerate Degree
7 3 (0.54%) PMP
8 2 (0.36%) Computer Science Degree
8 2 (0.36%) PMI Certification
9 1 (0.18%) ACCA
9 1 (0.18%) CFA
9 1 (0.18%) CIMA
9 1 (0.18%) ISTQB Foundation Certification
9 1 (0.18%) MCSA
9 1 (0.18%) MCSE
9 1 (0.18%) Microsoft Certification
Quality Assurance & Compliance
1 44 (7.91%) QA
2 35 (6.29%) GDPR
3 26 (4.68%) MiFID
4 20 (3.60%) SLA
5 17 (3.06%) ISO 9001
5 17 (3.06%) ISO/IEC 20000
6 13 (2.34%) PMO
7 10 (1.80%) Data Quality
8 6 (1.08%) IFRS
8 6 (1.08%) PSD2
9 5 (0.90%) IFRS 9
10 4 (0.72%) Basel III
10 4 (0.72%) EMIR
10 4 (0.72%) SEPA
11 3 (0.54%) Dodd-Frank
11 3 (0.54%) FATCA
12 1 (0.18%) COREP
12 1 (0.18%) CRD IV
12 1 (0.18%) ISAE 3402
12 1 (0.18%) Solvency II
System Software
1 32 (5.76%) Active Directory
2 5 (0.90%) Docker
3 2 (0.36%) Virtual Machines
4 1 (0.18%) DFS Replication
4 1 (0.18%) VMware Infrastructure
Systems Management
1 7 (1.26%) HP Quality Center
2 3 (0.54%) Host Intrusion Detection System
3 2 (0.36%) Kibana
3 2 (0.36%) logstash
3 2 (0.36%) Nagios
3 2 (0.36%) Nessus
3 2 (0.36%) Nmap
3 2 (0.36%) SCCM
4 1 (0.18%) CA Service Virtualization
4 1 (0.18%) CA Single Sign-On
4 1 (0.18%) Control-M
4 1 (0.18%) Microsoft Intune
4 1 (0.18%) Oracle Enterprise Manager
4 1 (0.18%) Oracle Identity Manager
4 1 (0.18%) TIBCO Hawk
4 1 (0.18%) Tivoli
Vendors
1 32 (5.76%) Microsoft
2 28 (5.04%) Oracle
3 19 (3.42%) IBM
4 11 (1.98%) VMware
5 10 (1.80%) Bloomberg
5 10 (1.80%) Tableau
6 9 (1.62%) Cognos
7 6 (1.08%) Salesforce.com
7 6 (1.08%) SAP
7 6 (1.08%) Sybase
8 4 (0.72%) HP
8 4 (0.72%) ION Trading
8 4 (0.72%) Pega
8 4 (0.72%) Reuters
8 4 (0.72%) Wallstreet Suite
9 3 (0.54%) Avaya
9 3 (0.54%) CA
9 3 (0.54%) JD Edwards
9 3 (0.54%) Microgen
9 3 (0.54%) Teradata