The median contractor rate for a Banking Business Analyst was £475 per day in advertised job vacancies in England during the 3 months to 25 June 2017.

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.

Business Analyst - Banking
UK / England
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 476 486 477
Rank change year-on-year +10 -9  
Contract jobs requiring a Banking Business Analyst 104 141 132
As % of all contract IT jobs advertised in England 0.24% 0.29% 0.26%
As % of the Job Titles category 0.26% 0.30% 0.27%
Number of daily rates quoted 75 96 103
Median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.55% +2.85%  
90% offered a daily rate of more than £350 £375 £350
10% offered a daily rate of more than £625 £575 £550
UK excluding London median daily rate £398 £395 £365
% change year-on-year +0.69% +8.28%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in England. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
England
Contract job vacancies with a job title containing a recognized job role 40257 46300 48376
As % of all contract IT job vacancies advertised in England 94.74% 95.04% 94.87%
Number of daily rates quoted 26259 30600 30961
Median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25%  
90% offered a daily rate of more than £275 £263 £250
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 1226 1356 1863
Median hourly rate £18.00 £17.50 £16.50
Median hourly rate % change year-on-year +2.85% +6.06%  
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £43.55 £40.00
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

Banking Business Analyst
Job Vacancy Trend in England

The job posting trend of jobs advertised in England that featured Banking Business Analyst in the job title.

Job vacancy trend for Banking Business Analyst in England

Banking Business Analyst
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Banking Business Analyst in England

Banking Business Analyst
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Banking Business Analyst in England over the 3 months to 25 June 2017.

Contractor daily rate histogram for Banking Business Analyst in England

Banking Business 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 Business Analyst in England.

Contractor 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 3 months to 25 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -29 66 £525 +16.66% 11
North West +34 14 £400 -
South West +4 7 £350 -7.28%
South East +28 6 £500 +33.33%
East Midlands -11 5 £475 -5.00%
Yorkshire +24 4 £342 -22.53%
North East - 1 £550 -
East of England - 1 £550 -
Banking Business Analyst
UK

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

For the 6 months to 25 June 2017, Banking Business 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 Business Analyst in the job title.

1 177 (100.00%) Banking
2 98 (55.37%) Finance
3 81 (45.76%) Business Analysis
4 47 (26.55%) Stakeholder Management
5 35 (19.77%) Agile Software Development
6 31 (17.51%) Investment Banking
7 30 (16.95%) Retail
8 24 (13.56%) Front Office
9 23 (12.99%) Private Banking
9 23 (12.99%) User Acceptance Testing
10 19 (10.73%) Analytical Skills
11 18 (10.17%) Target Operating Model
11 18 (10.17%) MiFID
12 14 (7.91%) Microsoft
13 13 (7.34%) User Stories
13 13 (7.34%) QA
14 12 (6.78%) SQL
14 12 (6.78%) Project Management
14 12 (6.78%) Retail Banking
15 11 (6.21%) Change Management
15 11 (6.21%) Migration
15 11 (6.21%) Microsoft Excel
15 11 (6.21%) CRM
15 11 (6.21%) SDLC
16 10 (5.65%) JIRA
16 10 (5.65%) Marketing
16 10 (5.65%) Microsoft Office
17 9 (5.08%) Scrum
17 9 (5.08%) Wealth Management
17 9 (5.08%) Investment Management

Banking Business 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 6 (3.39%) Confluence
2 1 (0.56%) SharePoint
Applications
1 11 (6.21%) Microsoft Excel
2 10 (5.65%) Microsoft Office
3 6 (3.39%) Microsoft PowerPoint
3 6 (3.39%) MS Visio
4 4 (2.26%) Microsoft Project
5 2 (1.13%) Spreadsheet
Business Applications
1 6 (3.39%) FLEXCUBE
1 6 (3.39%) Loan IQ
2 4 (2.26%) Dynamics CRM
3 3 (1.69%) Temenos T24
4 1 (0.56%) Hyperion Planning
4 1 (0.56%) Kondor
4 1 (0.56%) NetSuite
4 1 (0.56%) Temenos Globus
Cloud Services
1 2 (1.13%) Amazon AWS
Communications & Networking
1 2 (1.13%) ATM
2 1 (0.56%) Internet
Database & Business Intelligence
1 3 (1.69%) Big Data
1 3 (1.69%) Hadoop
1 3 (1.69%) SQL Server
2 2 (1.13%) Data Warehouse
3 1 (0.56%) Data Lake
3 1 (0.56%) Essbase
3 1 (0.56%) OLAP
3 1 (0.56%) Oracle OLAP
Development Applications
1 10 (5.65%) JIRA
2 1 (0.56%) Team Foundation Server
2 1 (0.56%) Visual Studio
General
1 177 (100.00%) Banking
2 98 (55.37%) Finance
3 31 (17.51%) Investment Banking
4 30 (16.95%) Retail
5 24 (13.56%) Front Office
6 23 (12.99%) Private Banking
7 12 (6.78%) Retail Banking
8 10 (5.65%) Marketing
9 6 (3.39%) Legal
9 6 (3.39%) Wholesale Banking
10 4 (2.26%) Financial Institution
11 3 (1.69%) Back Office
11 3 (1.69%) Corporate Banking
12 1 (0.56%) Advertising
Libraries, Frameworks & Software Standards
1 1 (0.56%) FpML
1 1 (0.56%) XML
Miscellaneous
1 19 (10.73%) Analytical Skills
2 7 (3.95%) Fixed Income
2 7 (3.95%) Online Banking
3 6 (3.39%) Foreign Exchange (FX)
4 5 (2.82%) Equities
4 5 (2.82%) Management Information System
4 5 (2.82%) Market Risk
5 4 (2.26%) Cyberthreat
6 3 (1.69%) Credit Risk
6 3 (1.69%) User Experience
7 2 (1.13%) Fintech
7 2 (1.13%) Virtual Team
8 1 (0.56%) Greenfield Project
8 1 (0.56%) Hedge funds
8 1 (0.56%) Mobile App
8 1 (0.56%) Reference Data
Operating Systems
1 1 (0.56%) AIX
1 1 (0.56%) Windows
Processes & Methodologies
1 81 (45.76%) Business Analysis
2 47 (26.55%) Stakeholder Management
3 35 (19.77%) Agile Software Development
4 23 (12.99%) User Acceptance Testing
5 18 (10.17%) Target Operating Model
6 13 (7.34%) User Stories
7 12 (6.78%) Project Management
8 11 (6.21%) Change Management
8 11 (6.21%) CRM
8 11 (6.21%) Migration
8 11 (6.21%) SDLC
9 9 (5.08%) Investment Management
9 9 (5.08%) Scrum
9 9 (5.08%) Wealth Management
10 8 (4.52%) Analytics
10 8 (4.52%) Risk Analysis
11 7 (3.95%) Anti-Money Laundering
11 7 (3.95%) Asset Management
11 7 (3.95%) Risk Management
11 7 (3.95%) Test Scripting
Programming Languages
1 12 (6.78%) SQL
2 5 (2.82%) C#
3 2 (1.13%) R
3 2 (1.13%) VBA
4 1 (0.56%) C
Qualifications
1 4 (2.26%) ACCA
1 4 (2.26%) CIMA
2 3 (1.69%) Degree
2 3 (1.69%) ISEB
Quality Assurance & Compliance
1 18 (10.17%) MiFID
2 13 (7.34%) QA
3 9 (5.08%) Dodd-Frank
4 7 (3.95%) Basel III
4 7 (3.95%) EMIR
5 5 (2.82%) GDPR
6 4 (2.26%) ISO/IEC 27001
7 3 (1.69%) PMO
8 2 (1.13%) Data Quality
8 2 (1.13%) IAS 39
8 2 (1.13%) IFRS
8 2 (1.13%) IFRS 9
8 2 (1.13%) ISO 8583
8 2 (1.13%) SEPA
9 1 (0.56%) AIFMD
9 1 (0.56%) FATCA
9 1 (0.56%) FINREP
9 1 (0.56%) GCP
Vendors
1 14 (7.91%) Microsoft
2 6 (3.39%) Salesforce.com
3 5 (2.82%) JD Edwards
4 4 (2.26%) ArcSight
4 4 (2.26%) Oracle
4 4 (2.26%) Splunk
5 2 (1.13%) Bloomberg
5 2 (1.13%) CyberArk
5 2 (1.13%) Google
5 2 (1.13%) Hyperion
5 2 (1.13%) Murex
5 2 (1.13%) Temenos
6 1 (0.56%) Atlassian
6 1 (0.56%) Reuters
6 1 (0.56%) SAP
6 1 (0.56%) Sophis
London
Parallel Consulting
Rate: £530 per day
Posted: 2 days ago
London
Joseph Harry Ltd
Posted: 5 days ago