Period
to 23 November 2017

The median contractor rate for a Banking Business Analyst was £473 per day in advertised job vacancies in England during the 6 months to 23 November 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
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 635 630 477
Rank change year-on-year -5 -153 +117
Contract jobs requiring a Banking Business Analyst 224 245 445
As % of all contract IT jobs advertised in England 0.24% 0.25% 0.43%
As % of the Job Titles category 0.25% 0.26% 0.45%
Number of daily rates quoted 163 170 346
England median daily rate £473 £454 £450
Median daily rate % change year-on-year +4.24% +0.83% -10.00%
10th Percentile £342 £328 £342
90th Percentile £625 £650 £600
UK median daily rate £450 £450 £425
% change year-on-year - +5.88% -10.53%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK median hourly rate - - -

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 89884 92670 98656
% of contract IT jobs with a recognized job title 94.76% 94.76% 95.00%
Number of daily rates quoted 59938 60988 63819
England median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £256 £250
90th Percentile £625 £600 £600
UK median daily rate £450 £425 £400
% change year-on-year +5.88% +6.25% -
Number of hourly rates quoted 2667 3006 3819
England median hourly rate £18.50 £18.50 £18.00
Median hourly rate % change year-on-year - +2.78% +9.09%
10th Percentile £10.97 £10.50 £10.50
90th Percentile £47.90 £47.00 £45.00
UK median hourly rate £18.70 £18.00 £18.00
% change year-on-year +3.89% - +9.09%

Banking Business Analyst
Job Vacancy Trend in England

Job postings that featured Banking Business Analyst in the job title as a percentage 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

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 6 months to 23 November 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 6 months to 23 November 2017. 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 -49 162 £500 +2.56% 16
North of England +70 25 £388 -1.90% 1
South West +7 15 £405 -8.99%
South East +5 15 £408 +5.16%
North West +24 14 £375 -9.64% 1
Yorkshire +28 11 £405 +8.58%
Midlands +18 7 £450 - 2
East Midlands -15 4 £475 +5.56% 1
West Midlands +34 3 £342 -24.00% 1
Banking Business Analyst
UK

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

For the 6 months to 23 November 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.

1 224 (100.00%) Banking
2 123 (54.91%) Finance
3 105 (46.88%) Business Analysis
4 57 (25.45%) Stakeholder Management
5 56 (25.00%) Agile Software Development
6 53 (23.66%) Retail Banking
7 40 (17.86%) Investment Banking
8 30 (13.39%) SQL
9 25 (11.16%) Analytical Skills
10 23 (10.27%) Microsoft Excel
10 23 (10.27%) Data Analysis
11 20 (8.93%) GDPR
11 20 (8.93%) Scrum
11 20 (8.93%) Change Management
12 19 (8.48%) Fixed Income
12 19 (8.48%) CRM
12 19 (8.48%) MiFID
13 18 (8.04%) User Acceptance Testing
13 18 (8.04%) Waterfall
13 18 (8.04%) Data Modelling
13 18 (8.04%) Project Management
13 18 (8.04%) Microsoft
14 17 (7.59%) Front Office
14 17 (7.59%) Analytics
15 16 (7.14%) User Stories
15 16 (7.14%) Use Case
16 15 (6.70%) Equities
16 15 (6.70%) Business Intelligence
16 15 (6.70%) SDLC
17 14 (6.25%) Target Operating Model

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 9 (4.02%) SharePoint
2 5 (2.23%) BizTalk Server
2 5 (2.23%) Skype for Business
3 2 (0.89%) Confluence
3 2 (0.89%) Oracle Workflow
4 1 (0.45%) Apache Spark
4 1 (0.45%) CMS
4 1 (0.45%) SAS
Applications
1 23 (10.27%) Microsoft Excel
2 13 (5.80%) MS Visio
3 10 (4.46%) Microsoft Office
4 9 (4.02%) Microsoft PowerPoint
5 3 (1.34%) Microsoft Project
6 2 (0.89%) Spreadsheet
Business Applications
1 5 (2.23%) Dynamics CRM
2 4 (1.79%) Temenos Globus
2 4 (1.79%) Temenos T24
3 2 (0.89%) Algo Collateral
3 2 (0.89%) Bloomberg TOMS
4 1 (0.45%) NetSuite
4 1 (0.45%) SAP HR
4 1 (0.45%) VisionPLUS
Cloud Services
1 5 (2.23%) Microsoft Azure
1 5 (2.23%) Office 365
1 5 (2.23%) Yammer
2 2 (0.89%) IBM Blueworks
3 1 (0.45%) Amazon AWS
3 1 (0.45%) OpenShift
3 1 (0.45%) SaaS
Communications & Networking
1 3 (1.34%) ATM
2 2 (0.89%) SMS
Database & Business Intelligence
1 12 (5.36%) Data Warehouse
1 12 (5.36%) SQL Server
2 5 (2.23%) Hadoop
3 4 (1.79%) Big Data
4 2 (0.89%) Data Lake
5 1 (0.45%) DB2
5 1 (0.45%) MS Access
5 1 (0.45%) OLAP
5 1 (0.45%) OLAP Cube
5 1 (0.45%) Oracle OLAP
5 1 (0.45%) PowerPivot
5 1 (0.45%) QlikView
5 1 (0.45%) SQL Server Integration Services
5 1 (0.45%) SQL Server Reporting Services
Development Applications
1 6 (2.68%) JIRA
General
1 224 (100.00%) Banking
2 123 (54.91%) Finance
3 53 (23.66%) Retail Banking
4 40 (17.86%) Investment Banking
5 17 (7.59%) Front Office
6 13 (5.80%) Private Banking
7 10 (4.46%) Legal
8 6 (2.68%) Marketing
9 5 (2.23%) Retail
10 4 (1.79%) Financial Institution
10 4 (1.79%) International Banking
11 3 (1.34%) Corporate Banking
11 3 (1.34%) Wholesale Banking
12 2 (0.89%) Back Office
12 2 (0.89%) Japanese Language
13 1 (0.45%) Billing
13 1 (0.45%) Electronics
13 1 (0.45%) General Ledger
13 1 (0.45%) Manufacturing
13 1 (0.45%) Telecoms
Libraries, Frameworks & Software Standards
1 5 (2.23%) XML
2 2 (0.89%) FIX Protocol
2 2 (0.89%) FpML
2 2 (0.89%) XSD
2 2 (0.89%) XSLT
3 1 (0.45%) CSS
3 1 (0.45%) HTML
3 1 (0.45%) JSON
3 1 (0.45%) MDX
3 1 (0.45%) REST
3 1 (0.45%) SOAP
Miscellaneous
1 25 (11.16%) Analytical Skills
2 19 (8.48%) Fixed Income
3 15 (6.70%) Equities
4 10 (4.46%) Derivative
4 10 (4.46%) Market Risk
5 8 (3.57%) Management Information System
6 5 (2.23%) Credit Risk
6 5 (2.23%) Cyberthreat
6 5 (2.23%) User Experience
7 4 (1.79%) Foreign Exchange (FX)
7 4 (1.79%) SWIFT
8 3 (1.34%) Greenfield Project
8 3 (1.34%) OTC Derivatives
8 3 (1.34%) Reference Data
8 3 (1.34%) Virtual Team
9 2 (0.89%) Cybercrime
9 2 (0.89%) Data Structures
10 1 (0.45%) Data Centre
10 1 (0.45%) Equity Derivative
10 1 (0.45%) Fintech
Operating Systems
1 6 (2.68%) Windows
Processes & Methodologies
1 105 (46.88%) Business Analysis
2 57 (25.45%) Stakeholder Management
3 56 (25.00%) Agile Software Development
4 23 (10.27%) Data Analysis
5 20 (8.93%) Change Management
5 20 (8.93%) Scrum
6 19 (8.48%) CRM
7 18 (8.04%) Data Modelling
7 18 (8.04%) Project Management
7 18 (8.04%) User Acceptance Testing
7 18 (8.04%) Waterfall
8 17 (7.59%) Analytics
9 16 (7.14%) Use Case
9 16 (7.14%) User Stories
10 15 (6.70%) Business Intelligence
10 15 (6.70%) SDLC
11 14 (6.25%) Target Operating Model
12 13 (5.80%) GAP Analysis
12 13 (5.80%) Migration
12 13 (5.80%) Requirements Analysis
Programming Languages
1 30 (13.39%) SQL
2 4 (1.79%) VBA
3 3 (1.34%) Java
3 3 (1.34%) R
4 2 (0.89%) C#
4 2 (0.89%) C++
4 2 (0.89%) XPath
5 1 (0.45%) PHP
5 1 (0.45%) PL/SQL
5 1 (0.45%) Python
5 1 (0.45%) Scala
5 1 (0.45%) VB
5 1 (0.45%) XMLA
Qualifications
1 8 (3.57%) ISEB
2 4 (1.79%) Degree
3 3 (1.34%) PMP
4 2 (0.89%) ACCA
4 2 (0.89%) CCA
4 2 (0.89%) CIMA
4 2 (0.89%) ISTQB
4 2 (0.89%) PMI Certification
5 1 (0.45%) Master's Degree
Quality Assurance & Compliance
1 20 (8.93%) GDPR
2 19 (8.48%) MiFID
3 13 (5.80%) QA
4 6 (2.68%) EMIR
5 5 (2.23%) Dodd-Frank
6 4 (1.79%) ISO/IEC 27001
6 4 (1.79%) PSD2
7 3 (1.34%) Data Quality
7 3 (1.34%) ISO 8583
7 3 (1.34%) PMO
8 2 (0.89%) Basel III
8 2 (0.89%) SEPA
8 2 (0.89%) SLA
System Software
1 2 (0.89%) Virtual Machines
Systems Management
1 1 (0.45%) DatAdvantage
Vendors
1 18 (8.04%) Microsoft
2 7 (3.13%) Bloomberg
2 7 (3.13%) Oracle
2 7 (3.13%) Salesforce.com
3 5 (2.23%) IBM
4 4 (1.79%) ArcSight
4 4 (1.79%) SAP
4 4 (1.79%) Splunk
5 3 (1.34%) Cognos
5 3 (1.34%) Temenos
6 2 (0.89%) Fidessa
6 2 (0.89%) JD Edwards
6 2 (0.89%) Netezza
6 2 (0.89%) Wallstreet Suite
7 1 (0.45%) CA
7 1 (0.45%) Google
7 1 (0.45%) HP
7 1 (0.45%) Microgen
7 1 (0.45%) Misys
7 1 (0.45%) Reuters