Banking Business Analyst Contracts in England

Business Analyst - Banking (Banking BA)
UK > England

The median Business Analyst - Banking (Banking BA) daily rate in England is £600 according to job vacancies posted during the 6 months to 25 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
25 Apr 2024
Same period 2023 Same period 2022
Rank 504 589 666
Rank change year-on-year +85 +77 -96
Contract jobs requiring a Banking Business Analyst 44 79 114
As % of all contract jobs advertised in England 0.12% 0.16% 0.16%
As % of the Job Titles category 0.13% 0.16% 0.17%
Number of daily rates quoted 17 40 56
10th Percentile £397 £474 £413
25th Percentile £538 £486 £479
Median daily rate (50th Percentile) £600 £568 £575
Median % change year-on-year +5.73% -1.30% +21.05%
75th Percentile £688 £705 £678
90th Percentile £700 £777 £703
UK median daily rate £600 £550 £550
% change year-on-year +9.09% - +22.22%

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 34,517 47,965 67,732
% of contract IT jobs with a recognized job title 92.72% 94.58% 95.53%
Number of daily rates quoted 22,960 34,010 48,090
10th Percentile £275 £310 £313
25th Percentile £411 £425 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +10.53%
75th Percentile £640 £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 2,411 1,443 1,914
10th Percentile £12.92 £14.31 £12.50
25th Percentile £16.30 £20.00 £15.25
Median hourly rate £35.65 £45.00 £22.50
Median % change year-on-year -20.78% +100.00% +0.36%
75th Percentile £60.00 £65.67 £48.49
90th Percentile £72.50 £76.45 £62.15
UK median hourly rate £35.68 £45.00 £23.00
% change year-on-year -20.71% +95.65% +1.41%

Banking Business Analyst
Job Vacancy Trend in England

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

Job vacancy trend for Banking Business Analyst in England

Banking Business Analyst
Contractor Daily Rate Trend in England

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

Daily rate trend for Banking Business Analyst in England

Banking Business Analyst
Daily Rate Histogram in England

Daily rate distribution for jobs citing Banking Business Analyst in England over the 6 months to 25 April 2024.

Daily rate histogram for Banking Business Analyst in England

Banking Business Analyst
Contractor Hourly Rate Trend in England

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

Hourly rate trend for Banking Business Analyst in England

Banking Business 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 Business Analyst within the England region over the 6 months to 25 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 +68 37 £638 +10.87% 3
North of England +37 6 £581 - 1
Yorkshire +30 5 £563 -
Midlands +26 1 £356 -11.00%
East Midlands +18 1 £356 -11.00%
North West - 1 £600 - 1
Banking Business Analyst
UK

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

For the 6 months to 25 April 2024, Banking Business 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 Business Analyst in the job title.

1 44 (100.00%) Banking
2 36 (81.82%) Finance
3 23 (52.27%) Change Management
4 18 (40.91%) Service Management
4 18 (40.91%) ITIL
5 11 (25.00%) Social Skills
6 10 (22.73%) ITSM
7 8 (18.18%) DevOps
7 8 (18.18%) SWIFT Messaging Network
7 8 (18.18%) Site Reliability Engineering
7 8 (18.18%) Business Analysis
7 8 (18.18%) GAP Analysis
8 6 (13.64%) Analytical Skills
8 6 (13.64%) Problem-Solving
8 6 (13.64%) Agile
9 5 (11.36%) Requirements Gathering
9 5 (11.36%) SEPA
10 4 (9.09%) Product Ownership
10 4 (9.09%) Stakeholder Management
10 4 (9.09%) Foreign Exchange (FX)
10 4 (9.09%) User Acceptance Testing
11 3 (6.82%) Data Mapping
11 3 (6.82%) Microsoft PowerPoint
11 3 (6.82%) Derivative
11 3 (6.82%) Corporate Banking
11 3 (6.82%) Microsoft Excel
11 3 (6.82%) Calypso
11 3 (6.82%) Financial Institution
11 3 (6.82%) Migration
11 3 (6.82%) Regulatory Compliance

Banking Business 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:

Applications
1 3 (6.82%) Microsoft Excel
1 3 (6.82%) Microsoft PowerPoint
Business Applications
1 1 (2.27%) Finacle
1 1 (2.27%) FLEXCUBE
1 1 (2.27%) Temenos T24
General
1 44 (100.00%) Banking
2 36 (81.82%) Finance
3 11 (25.00%) Social Skills
4 6 (13.64%) Analytical Skills
5 3 (6.82%) Corporate Banking
5 3 (6.82%) Financial Institution
6 2 (4.55%) Front Office
6 2 (4.55%) Retail Banking
7 1 (2.27%) Investment Banking
7 1 (2.27%) Retail
Miscellaneous
1 8 (18.18%) SWIFT Messaging Network
2 4 (9.09%) Foreign Exchange (FX)
2 4 (9.09%) Product Ownership
3 3 (6.82%) Derivative
4 1 (2.27%) Virtual Team
Processes & Methodologies
1 23 (52.27%) Change Management
2 18 (40.91%) ITIL
2 18 (40.91%) Service Management
3 10 (22.73%) ITSM
4 8 (18.18%) Business Analysis
4 8 (18.18%) DevOps
4 8 (18.18%) GAP Analysis
4 8 (18.18%) Site Reliability Engineering
5 6 (13.64%) Agile
5 6 (13.64%) Problem-Solving
6 5 (11.36%) Requirements Gathering
7 4 (9.09%) Stakeholder Management
7 4 (9.09%) User Acceptance Testing
8 3 (6.82%) Data Mapping
8 3 (6.82%) Migration
8 3 (6.82%) Regulatory Compliance
9 2 (4.55%) Data Migration
9 2 (4.55%) Electronic Trading
9 2 (4.55%) SDLC
9 2 (4.55%) Waterfall
Programming Languages
1 1 (2.27%) Java
1 1 (2.27%) SQL
Qualifications
1 1 (2.27%) Degree
1 1 (2.27%) SC Cleared
1 1 (2.27%) Security Cleared
Quality Assurance & Compliance
1 5 (11.36%) SEPA
2 1 (2.27%) ISO 20022
2 1 (2.27%) ISO 8583
2 1 (2.27%) PMO
Vendors
1 3 (6.82%) Calypso
2 2 (4.55%) Bloomberg
2 2 (4.55%) Refinitiv
3 1 (2.27%) Fiserv
3 1 (2.27%) Murex
3 1 (2.27%) Temenos