Banking Analyst Contracts in England

Banking Analyst
UK > England

The median Banking Analyst daily rate in England is £625, according to job vacancies posted in the 6 months leading up to 16 June 2024.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
16 Jun 2024
Same period 2023 Same period 2022
Rank 445 450 537
Rank change year-on-year +5 +87 -12
Contract jobs requiring a Banking Analyst 105 187 260
As % of all contract jobs advertised in England 0.28% 0.40% 0.37%
As % of the Job Titles category 0.30% 0.42% 0.39%
Number of daily rates quoted 73 135 156
10th Percentile £356 £368 £463
25th Percentile £488 £522 £500
Median daily rate (50th Percentile) £625 £585 £600
Median % change year-on-year +6.84% -2.50% +9.09%
75th Percentile £700 £700 £713
90th Percentile £845 £775 £769
UK median daily rate £625 £575 £575
% change year-on-year +8.70% - +9.52%

All Contract IT Job Vacancies
England

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies 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 34,808 44,443 66,953
% of contract IT jobs with a recognized job title 92.80% 94.49% 95.39%
Number of daily rates quoted 22,757 31,614 47,944
10th Percentile £288 £313 £313
25th Percentile £413 £425 £425
Median daily rate (50th Percentile) £525 £550 £535
Median % change year-on-year -4.55% +2.80% +7.00%
75th Percentile £638 £663 £650
90th Percentile £750 £763 £750
UK median daily rate £525 £538 £525
% change year-on-year -2.42% +2.48% +6.06%
Number of hourly rates quoted 2,654 1,321 1,753
10th Percentile £12.86 £14.36 £12.80
25th Percentile £16.30 £20.00 £15.90
Median hourly rate £39.50 £45.00 £24.00
Median % change year-on-year -12.22% +87.50% +14.01%
75th Percentile £62.50 £65.00 £49.25
90th Percentile £74.00 £77.50 £65.00
UK median hourly rate £37.50 £45.00 £25.00
% change year-on-year -16.67% +80.00% +16.28%

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 16 June 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 16 June 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 -3 96 £625 +5.49% 7
East of England - 3 £500 -
North of England +18 2 £434 - 1
Midlands +17 2 £356 -11.00%
East Midlands +7 2 £356 -11.00%
North West - 2 £434 - 1
South East - 2 £433 -
Banking Analyst
UK

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

For the 6 months to 16 June 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.

1 105 (100.00%) Banking
2 83 (79.05%) Finance
3 29 (27.62%) SQL
4 28 (26.67%) Investment Banking
5 27 (25.71%) Change Management
6 26 (24.76%) Python
6 26 (24.76%) Social Skills
7 23 (21.90%) Derivative
7 23 (21.90%) Front Office
8 20 (19.05%) Back Office
9 18 (17.14%) Asset Management
9 18 (17.14%) Investment Management
9 18 (17.14%) Hedge funds
10 16 (15.24%) Service Management
11 15 (14.29%) Business Analysis
12 14 (13.33%) Agile
12 14 (13.33%) C#
12 14 (13.33%) Mentoring
13 12 (11.43%) Foreign Exchange (FX)
13 12 (11.43%) GAP Analysis
14 11 (10.48%) Stakeholder Management
14 11 (10.48%) Data Analysis
14 11 (10.48%) Analytical Skills
15 10 (9.52%) ITSM
15 10 (9.52%) Microsoft Excel
16 9 (8.57%) ITIL
16 9 (8.57%) Power BI
16 9 (8.57%) Product Ownership
16 9 (8.57%) Power Platform
17 8 (7.62%) Site Reliability Engineering

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 4 (3.81%) Apache
2 2 (1.90%) Apache Spark
2 2 (1.90%) Confluence
3 1 (0.95%) Appian
Applications
1 10 (9.52%) Microsoft Excel
2 7 (6.67%) Microsoft PowerPoint
3 1 (0.95%) Microsoft Office
Business Applications
1 4 (3.81%) Oracle Subledger Accounting
2 3 (2.86%) SAP CO
2 3 (2.86%) SAP FI
2 3 (2.86%) SAP FI/CO
2 3 (2.86%) SAP S/4HANA
3 1 (0.95%) FLEXCUBE
3 1 (0.95%) Remedy ITSM
Cloud Services
1 9 (8.57%) Power Platform
2 5 (4.76%) AWS
3 4 (3.81%) dbt
4 2 (1.90%) Azure
5 1 (0.95%) OCI
5 1 (0.95%) Power Automate
5 1 (0.95%) PowerApps
Database & Business Intelligence
1 9 (8.57%) Power BI
2 6 (5.71%) Big Data
2 6 (5.71%) Tableau
3 4 (3.81%) Apache Arrow
3 4 (3.81%) Data Lake
3 4 (3.81%) Dremio
4 3 (2.86%) Hadoop
4 3 (2.86%) Impala
5 2 (1.90%) Apache Hive
5 2 (1.90%) SQL Server
6 1 (0.95%) Data Mining
6 1 (0.95%) Data Warehouse
6 1 (0.95%) Oracle Reports
Development Applications
1 5 (4.76%) JIRA
2 1 (0.95%) Git
General
1 105 (100.00%) Banking
2 83 (79.05%) Finance
3 28 (26.67%) Investment Banking
4 26 (24.76%) Social Skills
5 23 (21.90%) Front Office
6 20 (19.05%) Back Office
7 11 (10.48%) Analytical Skills
8 6 (5.71%) Corporate Banking
9 5 (4.76%) General Ledger
9 5 (4.76%) Organisational Skills
10 3 (2.86%) Financial Institution
10 3 (2.86%) Retail Banking
11 2 (1.90%) Inclusion and Diversity
12 1 (0.95%) Documentation Skills
12 1 (0.95%) French Language
12 1 (0.95%) Influencing Skills
12 1 (0.95%) Legal
12 1 (0.95%) Pharmaceutical
12 1 (0.95%) Presentation Skills
12 1 (0.95%) Prime Brokerage
Libraries, Frameworks & Software Standards
1 3 (2.86%) IDoc
1 3 (2.86%) XML
Miscellaneous
1 23 (21.90%) Derivative
2 18 (17.14%) Hedge funds
3 12 (11.43%) Foreign Exchange (FX)
4 9 (8.57%) Product Ownership
5 6 (5.71%) Equities
5 6 (5.71%) SWIFT Messaging Network
6 5 (4.76%) Fixed Income
6 5 (4.76%) Management Information System
7 4 (3.81%) Credit Risk
8 3 (2.86%) Greenfield Project
8 3 (2.86%) Reference Data
9 2 (1.90%) Analytical Mindset
10 1 (0.95%) CMDB
10 1 (0.95%) Equity Derivative
10 1 (0.95%) Market Risk
10 1 (0.95%) Mobile App
10 1 (0.95%) OTC Derivatives
10 1 (0.95%) Self-Motivation
10 1 (0.95%) Synthetic Equity
10 1 (0.95%) Virtual Team
Processes & Methodologies
1 27 (25.71%) Change Management
2 18 (17.14%) Asset Management
2 18 (17.14%) Investment Management
3 16 (15.24%) Service Management
4 15 (14.29%) Business Analysis
5 14 (13.33%) Agile
5 14 (13.33%) Mentoring
6 12 (11.43%) GAP Analysis
7 11 (10.48%) Data Analysis
7 11 (10.48%) Stakeholder Management
8 10 (9.52%) ITSM
9 9 (8.57%) ITIL
10 8 (7.62%) Analytics
10 8 (7.62%) DevOps
10 8 (7.62%) Site Reliability Engineering
11 7 (6.67%) User Acceptance Testing
12 6 (5.71%) Business Intelligence
12 6 (5.71%) Problem-Solving
12 6 (5.71%) Project Management
12 6 (5.71%) User Stories
Programming Languages
1 29 (27.62%) SQL
2 26 (24.76%) Python
3 14 (13.33%) C#
4 3 (2.86%) R
5 2 (1.90%) Java
5 2 (1.90%) VBA
6 1 (0.95%) C++
6 1 (0.95%) PL/SQL
Qualifications
1 5 (4.76%) Degree
2 4 (3.81%) SC Cleared
2 4 (3.81%) Security Cleared
3 1 (0.95%) ITIL Certification
3 1 (0.95%) ITIL Foundation Certificate
3 1 (0.95%) Master's Degree
3 1 (0.95%) MBA
3 1 (0.95%) Six Sigma Black Belt
3 1 (0.95%) Six Sigma Green Belt
3 1 (0.95%) Tableau Certification
Quality Assurance & Compliance
1 7 (6.67%) PMO
2 5 (4.76%) GAAP
3 4 (3.81%) EMIR
3 4 (3.81%) SEPA
4 3 (2.86%) SLA
5 1 (0.95%) Basel II
5 1 (0.95%) Basel III
5 1 (0.95%) Data Quality
5 1 (0.95%) ISO 9001
5 1 (0.95%) MiFID
5 1 (0.95%) QA
Vendors
1 5 (4.76%) Bloomberg
1 5 (4.76%) Oracle
2 4 (3.81%) Microsoft
3 3 (2.86%) FIS
3 3 (2.86%) GoldenSource
3 3 (2.86%) Salesforce
3 3 (2.86%) SAP
3 3 (2.86%) ServiceNow
4 2 (1.90%) Alteryx
4 2 (1.90%) Calypso
4 2 (1.90%) Murex
4 2 (1.90%) Refinitiv
5 1 (0.95%) Ariba
5 1 (0.95%) BMC
5 1 (0.95%) Remedy