Banking Analyst Contracts in England

Banking Analyst
UK > England

The median Banking Analyst daily rate in England is £625 according to job vacancies posted during the 6 months to 17 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
17 Apr 2024
Same period 2023 Same period 2022
Rank 390 485 566
Rank change year-on-year +95 +81 -60
Contract jobs requiring a Banking Analyst 142 190 230
As % of all contract jobs advertised in England 0.38% 0.37% 0.32%
As % of the Job Titles category 0.41% 0.39% 0.33%
Number of daily rates quoted 78 128 149
10th Percentile £396 £400 £425
25th Percentile £503 £500 £500
Median daily rate (50th Percentile) £625 £600 £600
Median % change year-on-year +4.17% - +14.29%
75th Percentile £700 £713 £700
90th Percentile £850 £813 £750
UK median daily rate £625 £593 £575
% change year-on-year +5.49% +3.04% +19.48%

All Contract IT Job Vacancies
England

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.

Contract vacancies in England with a recognized job title 34,507 48,618 68,663
% of contract IT jobs with a recognized job title 92.66% 94.52% 95.58%
Number of daily rates quoted 23,003 34,447 48,799
10th Percentile £275 £308 £313
25th Percentile £413 £425 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +10.53%
75th Percentile £644 £663 £638
90th Percentile £750 £763 £738
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.53%
Number of hourly rates quoted 2,374 1,455 1,926
10th Percentile £12.88 £14.42 £12.50
25th Percentile £16.25 £19.64 £15.25
Median hourly rate £35.00 £43.00 £22.29
Median % change year-on-year -18.60% +92.95% -0.60%
75th Percentile £60.00 £65.00 £47.50
90th Percentile £72.49 £76.15 £61.58
UK median hourly rate £35.00 £44.06 £22.94
% change year-on-year -20.55% +92.04% -0.26%

Banking Analyst
Job Vacancy Trend in England

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

Job vacancy trend for Banking Analyst in England

Banking Analyst
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Banking Analyst in England.

Daily rate trend for Banking Analyst in England

Banking Analyst
Daily Rate Histogram in England

Daily rate distribution for jobs citing Banking Analyst in England over the 6 months to 17 April 2024.

Daily rate histogram for Banking Analyst in England

Banking Analyst
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Banking Analyst in England.

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 17 April 2024. 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
London +67 125 £625 +4.17% 6
North of England +35 16 £581 +45.31% 1
Yorkshire +31 15 £563 +15.38%
North West +21 1 £600 +50.00% 1
South East - 1 £525 -
Banking Analyst
UK

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

For the 6 months to 17 April 2024, Banking Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region featuring Banking Analyst in the job title.

1 142 (100.00%) Banking
2 116 (81.69%) Finance
3 58 (40.85%) Change Management
4 42 (29.58%) Service Management
5 36 (25.35%) SQL
6 29 (20.42%) Front Office
7 28 (19.72%) ITSM
8 27 (19.01%) Investment Banking
9 26 (18.31%) Back Office
9 26 (18.31%) Python
10 24 (16.90%) Derivative
11 22 (15.49%) C#
11 22 (15.49%) Social Skills
12 20 (14.08%) ITIL
12 20 (14.08%) Asset Management
12 20 (14.08%) Mentoring
12 20 (14.08%) Investment Management
12 20 (14.08%) Hedge funds
13 19 (13.38%) Analytical Skills
14 13 (9.15%) Microsoft Excel
15 12 (8.45%) GAP Analysis
16 11 (7.75%) Foreign Exchange (FX)
16 11 (7.75%) PMO
16 11 (7.75%) Problem-Solving
17 10 (7.04%) Business Analysis
17 10 (7.04%) Microsoft PowerPoint
18 9 (6.34%) Degree
18 9 (6.34%) Stakeholder Management
19 8 (5.63%) Data Analysis
19 8 (5.63%) Oracle

Banking Analyst Skill Set
Co-occurring Skills and Capabilities in 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 2 (1.41%) Confluence
2 1 (0.70%) Apache Spark
2 1 (0.70%) Appian
Applications
1 13 (9.15%) Microsoft Excel
2 10 (7.04%) Microsoft PowerPoint
3 4 (2.82%) Microsoft Office
3 4 (2.82%) MS Visio
4 1 (0.70%) Microsoft Project
Business Applications
1 4 (2.82%) Oracle Subledger Accounting
2 3 (2.11%) FLEXCUBE
3 2 (1.41%) Oracle Assets
3 2 (1.41%) Oracle EBS
3 2 (1.41%) Oracle EBS R12
3 2 (1.41%) Oracle Financials
3 2 (1.41%) Oracle General Ledger
3 2 (1.41%) Oracle Payables
4 1 (0.70%) Finacle
4 1 (0.70%) Remedy ITSM
4 1 (0.70%) Temenos T24
Cloud Services
1 4 (2.82%) Power Platform
2 3 (2.11%) Azure
3 2 (1.41%) OCI
4 1 (0.70%) AWS
4 1 (0.70%) Power Automate
4 1 (0.70%) PowerApps
Database & Business Intelligence
1 4 (2.82%) Power BI
2 3 (2.11%) Tableau
3 2 (1.41%) Oracle Reports
3 2 (1.41%) SQL Server
4 1 (0.70%) Apache Hive
4 1 (0.70%) Big Data
4 1 (0.70%) Data Mining
4 1 (0.70%) Hadoop
4 1 (0.70%) Impala
Development Applications
1 8 (5.63%) JIRA
2 1 (0.70%) Git
General
1 142 (100.00%) Banking
2 116 (81.69%) Finance
3 29 (20.42%) Front Office
4 27 (19.01%) Investment Banking
5 26 (18.31%) Back Office
6 22 (15.49%) Social Skills
7 19 (13.38%) Analytical Skills
8 7 (4.93%) Corporate Banking
8 7 (4.93%) General Ledger
8 7 (4.93%) Retail Banking
9 3 (2.11%) Financial Institution
10 2 (1.41%) Inclusion and Diversity
10 2 (1.41%) Organisational Skills
10 2 (1.41%) Presentation Skills
10 2 (1.41%) Retail
11 1 (0.70%) Influencing Skills
11 1 (0.70%) Legal
11 1 (0.70%) Prime Brokerage
Miscellaneous
1 24 (16.90%) Derivative
2 20 (14.08%) Hedge funds
3 11 (7.75%) Foreign Exchange (FX)
4 7 (4.93%) SWIFT Messaging Network
5 4 (2.82%) Management Information System
5 4 (2.82%) Product Ownership
6 3 (2.11%) Greenfield Project
6 3 (2.11%) Reference Data
7 2 (1.41%) Analytical Mindset
7 2 (1.41%) Credit Risk
7 2 (1.41%) Equities
7 2 (1.41%) Fixed Income
7 2 (1.41%) Market Risk
8 1 (0.70%) CMDB
8 1 (0.70%) Cyber Threat
8 1 (0.70%) Equity Derivative
8 1 (0.70%) OTC Derivatives
8 1 (0.70%) Synthetic Equity
8 1 (0.70%) Virtual Team
Operating Systems
1 1 (0.70%) Windows
Processes & Methodologies
1 58 (40.85%) Change Management
2 42 (29.58%) Service Management
3 28 (19.72%) ITSM
4 20 (14.08%) Asset Management
4 20 (14.08%) Investment Management
4 20 (14.08%) ITIL
4 20 (14.08%) Mentoring
5 12 (8.45%) GAP Analysis
6 11 (7.75%) Problem-Solving
7 10 (7.04%) Business Analysis
8 9 (6.34%) Stakeholder Management
9 8 (5.63%) Data Analysis
9 8 (5.63%) DevOps
9 8 (5.63%) Site Reliability Engineering
10 7 (4.93%) Agile
10 7 (4.93%) Risk Management
11 6 (4.23%) Analytics
11 6 (4.23%) Requirements Gathering
12 5 (3.52%) Regulatory Compliance
12 5 (3.52%) User Stories
Programming Languages
1 36 (25.35%) SQL
2 26 (18.31%) Python
3 22 (15.49%) C#
4 3 (2.11%) VBA
5 2 (1.41%) Java
5 2 (1.41%) R
6 1 (0.70%) C++
6 1 (0.70%) PL/SQL
Qualifications
1 9 (6.34%) Degree
2 3 (2.11%) SC Cleared
2 3 (2.11%) Security Cleared
3 1 (0.70%) ISEB
3 1 (0.70%) ITIL Certification
3 1 (0.70%) ITIL Foundation Certificate
3 1 (0.70%) Master's Degree
3 1 (0.70%) MBA
3 1 (0.70%) Six Sigma Black Belt
3 1 (0.70%) Six Sigma Green Belt
3 1 (0.70%) Tableau Certification
Quality Assurance & Compliance
1 11 (7.75%) PMO
2 6 (4.23%) SLA
3 5 (3.52%) GAAP
3 5 (3.52%) SEPA
4 4 (2.82%) EMIR
5 3 (2.11%) QA
6 2 (1.41%) MiFID
7 1 (0.70%) Basel II
7 1 (0.70%) Basel III
7 1 (0.70%) ISO 20022
7 1 (0.70%) ISO 8583
Vendors
1 8 (5.63%) Oracle
2 6 (4.23%) Microsoft
3 5 (3.52%) Bloomberg
3 5 (3.52%) ServiceNow
4 3 (2.11%) GoldenSource
5 2 (1.41%) Calypso
5 2 (1.41%) Murex
5 2 (1.41%) Refinitiv
5 2 (1.41%) Salesforce
6 1 (0.70%) Alteryx
6 1 (0.70%) BMC
6 1 (0.70%) Cognizant
6 1 (0.70%) Fiserv
6 1 (0.70%) Remedy
6 1 (0.70%) Temenos