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 £613 according to job vacancies posted during the 6 months to 14 May 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
14 May 2024
Same period 2023 Same period 2022
Rank 493 577 640
Rank change year-on-year +84 +63 -65
Contract jobs requiring a Banking Business Analyst 40 70 126
As % of all contract jobs advertised in England 0.11% 0.14% 0.18%
As % of the Job Titles category 0.12% 0.15% 0.19%
Number of daily rates quoted 18 37 61
10th Percentile £351 £474 £413
25th Percentile £519 £500 £475
Median daily rate (50th Percentile) £613 £600 £553
Median % change year-on-year +2.08% +8.60% +19.46%
75th Percentile £697 £713 £675
90th Percentile £702 £783 £700
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 33,813 46,135 67,590
% of contract IT jobs with a recognized job title 92.72% 94.65% 95.47%
Number of daily rates quoted 22,418 32,774 48,161
10th Percentile £281 £313 £313
25th Percentile £413 £425 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +7.69%
75th Percentile £645 £663 £644
90th Percentile £750 £760 £743
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.01%
Number of hourly rates quoted 2,438 1,361 1,875
10th Percentile £12.87 £14.52 £12.50
25th Percentile £16.30 £20.00 £15.52
Median hourly rate £37.18 £45.00 £23.00
Median % change year-on-year -17.38% +95.65% +4.03%
75th Percentile £61.30 £65.02 £48.75
90th Percentile £73.75 £77.00 £63.75
UK median hourly rate £37.18 £45.00 £23.91
% change year-on-year -17.38% +88.21% +6.27%

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 14 May 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 14 May 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 +51 35 £663 +10.42% 4
North of England - 3 £581 - 1
Yorkshire - 2 £563 -
Midlands +25 1 £356 -11.00%
East Midlands +18 1 £356 -11.00%
North West - 1 £600 - 1
South East - 1 £340 -
Banking Business Analyst
UK

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

For the 6 months to 14 May 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 40 (100.00%) Banking
2 32 (80.00%) Finance
3 18 (45.00%) Change Management
4 13 (32.50%) Service Management
4 13 (32.50%) ITIL
5 11 (27.50%) Social Skills
6 8 (20.00%) Site Reliability Engineering
6 8 (20.00%) DevOps
6 8 (20.00%) GAP Analysis
7 7 (17.50%) Business Analysis
7 7 (17.50%) ITSM
7 7 (17.50%) SWIFT Messaging Network
8 6 (15.00%) Agile
9 5 (12.50%) Analytical Skills
9 5 (12.50%) Problem-Solving
9 5 (12.50%) Product Ownership
10 4 (10.00%) Data Mapping
10 4 (10.00%) SEPA
10 4 (10.00%) Derivative
10 4 (10.00%) Requirements Gathering
10 4 (10.00%) Stakeholder Management
10 4 (10.00%) Foreign Exchange (FX)
11 3 (7.50%) Microsoft Excel
11 3 (7.50%) Financial Institution
11 3 (7.50%) Migration
11 3 (7.50%) Calypso
11 3 (7.50%) Microsoft PowerPoint
11 3 (7.50%) User Acceptance Testing
11 3 (7.50%) Corporate Banking
11 3 (7.50%) 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:

Application Platforms
1 1 (2.50%) Confluence
Applications
1 3 (7.50%) Microsoft Excel
1 3 (7.50%) Microsoft PowerPoint
Business Applications
1 1 (2.50%) Finacle
1 1 (2.50%) FLEXCUBE
1 1 (2.50%) Temenos T24
Development Applications
1 1 (2.50%) JIRA
General
1 40 (100.00%) Banking
2 32 (80.00%) Finance
3 11 (27.50%) Social Skills
4 5 (12.50%) Analytical Skills
5 3 (7.50%) Corporate Banking
5 3 (7.50%) Financial Institution
6 2 (5.00%) Front Office
6 2 (5.00%) Investment Banking
6 2 (5.00%) Retail Banking
7 1 (2.50%) French Language
7 1 (2.50%) Retail
Miscellaneous
1 7 (17.50%) SWIFT Messaging Network
2 5 (12.50%) Product Ownership
3 4 (10.00%) Derivative
3 4 (10.00%) Foreign Exchange (FX)
4 1 (2.50%) OTC Derivatives
4 1 (2.50%) Virtual Team
Processes & Methodologies
1 18 (45.00%) Change Management
2 13 (32.50%) ITIL
2 13 (32.50%) Service Management
3 8 (20.00%) DevOps
3 8 (20.00%) GAP Analysis
3 8 (20.00%) Site Reliability Engineering
4 7 (17.50%) Business Analysis
4 7 (17.50%) ITSM
5 6 (15.00%) Agile
6 5 (12.50%) Problem-Solving
7 4 (10.00%) Data Mapping
7 4 (10.00%) Requirements Gathering
7 4 (10.00%) Stakeholder Management
8 3 (7.50%) Migration
8 3 (7.50%) Regulatory Compliance
8 3 (7.50%) User Acceptance Testing
9 2 (5.00%) Data Migration
9 2 (5.00%) Data-Driven Decision Making
9 2 (5.00%) Decision-Making
9 2 (5.00%) Waterfall
Programming Languages
1 1 (2.50%) Java
1 1 (2.50%) SQL
Qualifications
1 2 (5.00%) SC Cleared
1 2 (5.00%) Security Cleared
2 1 (2.50%) Degree
Quality Assurance & Compliance
1 4 (10.00%) SEPA
2 1 (2.50%) EMIR
2 1 (2.50%) PMO
2 1 (2.50%) QA
Vendors
1 3 (7.50%) Calypso
2 2 (5.00%) Bloomberg
2 2 (5.00%) Refinitiv
3 1 (2.50%) Fiserv
3 1 (2.50%) Murex
3 1 (2.50%) Temenos