Period
to 28 September 2021

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 28 September 2021 with a comparison to the same period over 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.

Banking
UK > England
6 months to
28 Sep 2021
Same period 2020 Same period 2019
Rank 20 19 29
Rank change year-on-year -1 +10 -6
Contract jobs citing Banking 4,703 2,063 4,969
As % of all contract jobs advertised in England 7.25% 8.06% 6.25%
As % of the General category 13.54% 15.04% 12.12%
Number of daily rates quoted 3,404 1,556 3,450
10th Percentile £406 £375 £350
25th Percentile £500 £461 £443
Median daily rate (50th Percentile) £600 £575 £550
Median % change year-on-year +4.35% +4.55% -
75th Percentile £700 £700 £650
90th Percentile £775 £765 £725
UK median daily rate £600 £560 £525
% change year-on-year +7.24% +6.57% -
Number of hourly rates quoted 40 8 39
10th Percentile £11.17 £11.07 £15.80
25th Percentile £12.30 £15.89 £16.50
Median hourly rate £14.87 £20.00 £21.00
Median % change year-on-year -25.65% -4.76% +12.30%
75th Percentile £17.96 £33.38 £21.88
90th Percentile £24.78 £66.00 £48.91
UK median hourly rate £15.25 £20.00 £21.00
% change year-on-year -23.75% -4.76% +12.30%

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for common skills.

All General Skills
England
Contract vacancies with a requirement for common skills 34,723 13,713 40,984
As % of all contract IT jobs advertised in England 53.49% 53.59% 51.52%
Number of daily rates quoted 23,641 9,364 26,845
10th Percentile £308 £275 £263
25th Percentile £413 £385 £375
Median daily rate (50th Percentile) £525 £499 £475
Median % change year-on-year +5.26% +5.01% -
75th Percentile £631 £600 £575
90th Percentile £720 £700 £675
UK median daily rate £513 £475 £475
% change year-on-year +7.89% - +3.83%
Number of hourly rates quoted 1,236 458 1,332
10th Percentile £12.00 £11.93 £10.98
25th Percentile £13.25 £14.91 £14.00
Median hourly rate £19.00 £22.50 £19.12
Median % change year-on-year -15.56% +17.71% +6.19%
75th Percentile £42.76 £43.75 £40.00
90th Percentile £60.00 £51.98 £51.00
UK median hourly rate £19.00 £22.25 £19.00
% change year-on-year -14.61% +17.11% +8.57%

Banking
Job Vacancy Trend in England

Job postings citing Banking as a proportion of all IT jobs advertised in England.

Job vacancy trend for Banking in England

Banking
Contractor Daily Rate Trend in England

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

Daily rate trend for Banking in England

Banking
Daily Rate Histogram in England

Daily rate distribution for jobs citing Banking in England over the 6 months to 28 September 2021.

Daily rate histogram for Banking in England

Banking
Contractor Hourly Rate Trend in England

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

Hourly rate trend for Banking in England

Banking
Hourly Rate Histogram in England

Hourly rate distribution of jobs citing Banking in England over the 6 months to 28 September 2021.

Hourly rate histogram for Banking in England

Banking
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 within the England region over the 6 months to 28 September 2021. 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 -1 4,030 £610 +1.67% 479
North of England -42 168 £495 +22.22% 67
South East +17 151 £550 +10.00% 39
Midlands -24 118 £450 +42.86% 21
North West -19 104 £500 +33.69% 38
South West +11 72 £500 +11.11% 13
East Midlands -18 63 £450 +54.37% 12
Yorkshire -37 58 £450 -10.00% 21
West Midlands -27 53 £433 -8.95% 9
East of England -45 12 £463 +8.82% 7
North East -11 6 £425 +9.68% 8
Banking
UK

For the 6 months to 28 September 2021, IT contractor jobs citing Banking also mentioned the following skills 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 with a requirement for Banking.

1 2,329 (49.52%) Finance
2 1,524 (32.40%) Agile Software Development
3 1,449 (30.81%) Investment Banking
4 1,264 (26.88%) Java
5 1,010 (21.48%) Social Skills
6 987 (20.99%) SQL
7 683 (14.52%) DevOps
8 631 (13.42%) Python
9 596 (12.67%) Front Office
10 533 (11.33%) Azure
11 511 (10.87%) C#
12 497 (10.57%) Oracle
13 464 (9.87%) .NET
14 443 (9.42%) JavaScript
15 433 (9.21%) Spring
16 428 (9.10%) Linux
16 428 (9.10%) Scrum
16 428 (9.10%) AWS
17 421 (8.95%) Microservices
18 420 (8.93%) JIRA
19 386 (8.21%) Git (software)
20 373 (7.93%) Stakeholder Management
21 369 (7.85%) Kubernetes
22 363 (7.72%) TDD
23 357 (7.59%) Microsoft
24 354 (7.53%) Windows
25 353 (7.51%) Foreign Exchange (FX)
26 343 (7.29%) Jenkins
27 337 (7.17%) Test Automation
28 326 (6.93%) Analytical Skills

Banking
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
1 199 (4.23%) Confluence
2 175 (3.72%) Apache Spark
3 85 (1.81%) Mule
4 75 (1.59%) Apache
5 73 (1.55%) SharePoint
6 51 (1.08%) Tomcat
7 46 (0.98%) WebSphere
8 33 (0.70%) JBoss
9 31 (0.66%) SAS
9 31 (0.66%) WebLogic
10 29 (0.62%) Oracle Coherence
11 28 (0.60%) Elasticsearch
11 28 (0.60%) Red Hat Fuse
12 22 (0.47%) IIS
13 20 (0.43%) Oracle SOA Suite
14 19 (0.40%) Appian
15 16 (0.34%) nginx
16 15 (0.32%) Oracle Workflow
17 13 (0.28%) CICS
18 12 (0.26%) Apache Airflow
Applications
1 152 (3.23%) Microsoft Excel
2 77 (1.64%) Microsoft PowerPoint
3 72 (1.53%) Microsoft Office
4 37 (0.79%) MS Visio
5 33 (0.70%) Microsoft Project
6 21 (0.45%) Sketch
7 17 (0.36%) InVision
8 15 (0.32%) Adobe Illustrator
8 15 (0.32%) Photoshop
9 14 (0.30%) Spreadsheet
10 9 (0.19%) Adobe Creative Suite
11 5 (0.11%) Chatbot
12 4 (0.085%) Figma
13 2 (0.043%) InDesign
14 1 (0.021%) Acrobat
14 1 (0.021%) Adobe After Effects
14 1 (0.021%) Adobe Premiere
14 1 (0.021%) InfoPath
14 1 (0.021%) Open Workbench
14 1 (0.021%) SPSS
Business Applications
1 40 (0.85%) SunGard Martini
2 21 (0.45%) ION MarketView
3 11 (0.23%) OneSumX
4 10 (0.21%) Oracle General Ledger
4 10 (0.21%) Oracle Subledger Accounting
5 9 (0.19%) Markit EDM
5 9 (0.19%) Oracle FAH
5 9 (0.19%) SAP FI
5 9 (0.19%) Summit
6 8 (0.17%) Dynamics CRM
6 8 (0.17%) Loan IQ
6 8 (0.17%) Oracle Financials
7 7 (0.15%) SAP CO
7 7 (0.15%) SAP FI/CO
7 7 (0.15%) Sentinel
8 6 (0.13%) Oracle Payables
8 6 (0.13%) SAP S/4HANA
9 5 (0.11%) Distributed Ledger
9 5 (0.11%) Oracle BPM
9 5 (0.11%) Temenos T24
Cloud Services
1 533 (11.33%) Azure
2 428 (9.10%) AWS
3 307 (6.53%) GCP
4 121 (2.57%) GitHub
5 77 (1.64%) Microsoft 365
6 73 (1.55%) OpenShift
7 56 (1.19%) SaaS
7 56 (1.19%) Serverless
8 54 (1.15%) Power Platform
9 50 (1.06%) PaaS
10 49 (1.04%) IaaS
11 37 (0.79%) Collibra
12 34 (0.72%) Apigee
12 34 (0.72%) Azure Synapse Analytics
13 29 (0.62%) Cloud Computing
14 26 (0.55%) Azure Data Factory
14 26 (0.55%) npm
15 25 (0.53%) Azure Functions
16 20 (0.43%) Azure Active Directory
17 19 (0.40%) AWS CloudFormation
Communications & Networking
1 94 (2.00%) Firewall
2 76 (1.62%) TCP/IP
3 51 (1.08%) Network Security
4 48 (1.02%) SSL
5 45 (0.96%) Internet
6 44 (0.94%) HTTP
7 37 (0.79%) Kerberos
8 32 (0.68%) DNS
9 29 (0.62%) LAN
9 29 (0.62%) NAS
10 27 (0.57%) SAN
11 26 (0.55%) WAN
12 22 (0.47%) Unified Communications
13 16 (0.34%) Multicast
14 15 (0.32%) ATM
15 14 (0.30%) 2G
15 14 (0.30%) VoIP
16 13 (0.28%) DHCP
16 13 (0.28%) SMS
17 12 (0.26%) VPN
Database & Business Intelligence
1 301 (6.40%) SQL Server
2 258 (5.49%) Relational Database
3 207 (4.40%) Big Data
4 128 (2.72%) Data Warehouse
5 126 (2.68%) MongoDB
5 126 (2.68%) NoSQL
6 123 (2.62%) Oracle Database
7 120 (2.55%) Hadoop
8 84 (1.79%) Apache Hive
9 67 (1.42%) PostgreSQL
10 65 (1.38%) Oracle Database 12c
11 63 (1.34%) RDBMS
12 57 (1.21%) Metadata
13 56 (1.19%) Data Lake
13 56 (1.19%) Hazelcast
14 48 (1.02%) Redis
15 47 (1.00%) HBase
15 47 (1.00%) Power BI
16 45 (0.96%) SQL Server Integration Services
17 44 (0.94%) MySQL
Development Applications
1 420 (8.93%) JIRA
2 386 (8.21%) Git (software)
3 343 (7.29%) Jenkins
4 179 (3.81%) Maven
5 139 (2.96%) TeamCity
6 123 (2.62%) Subversion
7 96 (2.04%) Visual Studio
8 92 (1.96%) Cucumber
9 91 (1.93%) Bitbucket
10 88 (1.87%) Selenium
11 69 (1.47%) JUnit
12 50 (1.06%) Artifactory
13 48 (1.02%) Sonatype Nexus
14 43 (0.91%) Gradle
15 41 (0.87%) GitLab
16 36 (0.77%) CppUnit
16 36 (0.77%) Oracle APEX
17 32 (0.68%) Postman
18 31 (0.66%) Robot Framework
19 28 (0.60%) Hudson
General
1 2,329 (49.52%) Finance
2 1,449 (30.81%) Investment Banking
3 1,010 (21.48%) Social Skills
4 596 (12.67%) Front Office
5 326 (6.93%) Analytical Skills
6 234 (4.98%) Retail Banking
7 119 (2.53%) Retail
8 106 (2.25%) Presentation Skills
9 98 (2.08%) Financial Institution
10 73 (1.55%) Legal
11 67 (1.42%) Back Office
12 65 (1.38%) Corporate Banking
13 64 (1.36%) Organisational Skills
14 63 (1.34%) Influencing Skills
15 49 (1.04%) Documentation Skills
16 39 (0.83%) Marketing
17 28 (0.60%) International Banking
18 26 (0.55%) Private Banking
19 25 (0.53%) Telecoms
20 23 (0.49%) Public Sector
Job Titles
1 1,635 (34.77%) Developer
2 615 (13.08%) Analyst
3 612 (13.01%) Java Developer
4 510 (10.84%) Architect
5 375 (7.97%) Business Analyst
6 289 (6.15%) Project Manager
7 266 (5.66%) Senior Developer
8 220 (4.68%) Consultant
9 212 (4.51%) Banking Analyst
10 199 (4.23%) Solutions Architect
11 194 (4.13%) C# Developer
12 157 (3.34%) Senior Java Developer
13 121 (2.57%) C++ Developer
13 121 (2.57%) Front Office Developer
14 120 (2.55%) Python Developer
15 107 (2.28%) Investment Banking Java Developer
16 99 (2.11%) Full Stack Developer
17 96 (2.04%) .NET Developer
17 96 (2.04%) React Developer
17 96 (2.04%) SQL Developer
Libraries, Frameworks & Software Standards
1 464 (9.87%) .NET
2 433 (9.21%) Spring
3 306 (6.51%) AngularJS
4 271 (5.76%) React
5 248 (5.27%) REST
6 247 (5.25%) HTML
7 243 (5.17%) Kafka
8 229 (4.87%) Spring Boot
9 194 (4.13%) Middleware
10 186 (3.95%) RESTful
11 158 (3.36%) Web Services
12 155 (3.30%) .NET Framework
13 139 (2.96%) XML
14 133 (2.83%) CSS
15 123 (2.62%) HTML5
16 117 (2.49%) Node.js
17 116 (2.47%) Hibernate
18 109 (2.32%) .NET Core
19 108 (2.30%) JSON
20 82 (1.74%) WPF
Miscellaneous
1 353 (7.51%) Foreign Exchange (FX)
2 320 (6.80%) Fixed Income
3 283 (6.02%) Derivative
4 169 (3.59%) User Experience
5 159 (3.38%) Equities
6 132 (2.81%) Data Protection Act
7 126 (2.68%) Data Structures
8 110 (2.34%) Credit Risk
9 109 (2.32%) Algorithms
10 100 (2.13%) Market Risk
11 91 (1.93%) Mobile App
12 82 (1.74%) Management Information System
13 76 (1.62%) Greenfield Project
14 69 (1.47%) Virtual Team
15 63 (1.34%) Cloud Native
16 53 (1.13%) Public Cloud
17 51 (1.08%) Enterprise Software
18 49 (1.04%) Legacy Applications
19 44 (0.94%) Mainframe
20 41 (0.87%) Data Centre
Operating Systems
1 428 (9.10%) Linux
2 354 (7.53%) Windows
3 243 (5.17%) Unix
4 68 (1.45%) Apple iOS
5 63 (1.34%) Android
6 57 (1.21%) Red Hat Enterprise Linux
7 54 (1.15%) Windows Server
8 35 (0.74%) Windows 10
9 19 (0.40%) Windows Server 2016
10 16 (0.34%) Windows Server 2008
10 16 (0.34%) Windows Server 2012
11 15 (0.32%) Solaris
12 13 (0.28%) Windows 7
13 10 (0.21%) Windows Server 2019
14 8 (0.17%) AIX
14 8 (0.17%) Mac OS
14 8 (0.17%) zOS
15 6 (0.13%) Mac OS X
16 5 (0.11%) MVS
16 5 (0.11%) VMS
Processes & Methodologies
1 1,524 (32.40%) Agile Software Development
2 683 (14.52%) DevOps
3 428 (9.10%) Scrum
4 421 (8.95%) Microservices
5 373 (7.93%) Stakeholder Management
6 363 (7.72%) TDD
7 337 (7.17%) Test Automation
8 317 (6.74%) Problem-Solving
9 311 (6.61%) Multithreading
10 304 (6.46%) Change Management
10 304 (6.46%) Migration
11 285 (6.06%) SDLC
12 270 (5.74%) Analytics
13 266 (5.66%) Project Management
14 257 (5.46%) Software Engineering
15 241 (5.12%) Continuous Integration
16 230 (4.89%) Full Stack Development
17 228 (4.85%) Electronic Trading
18 211 (4.49%) Data Modelling
19 203 (4.32%) Digital Transformation Programme
Programming Languages
1 1,264 (26.88%) Java
2 987 (20.99%) SQL
3 631 (13.42%) Python
4 511 (10.87%) C#
5 443 (9.42%) JavaScript
6 249 (5.29%) C++
7 191 (4.06%) Scala
8 184 (3.91%) Java 8
9 159 (3.38%) TypeScript
10 130 (2.76%) PL/SQL
11 109 (2.32%) PowerShell
12 85 (1.81%) Shell Script
13 71 (1.51%) VBA
14 51 (1.08%) Bash Shell
14 51 (1.08%) Kotlin
15 42 (0.89%) C
16 41 (0.87%) T-SQL
16 41 (0.87%) VB
17 38 (0.81%) Perl
18 36 (0.77%) Java 11
Qualifications
1 227 (4.83%) Degree
2 59 (1.25%) Security Cleared
3 56 (1.19%) Computer Science Degree
4 50 (1.06%) SC Cleared
5 45 (0.96%) CISSP
6 25 (0.53%) Cisco Certification
6 25 (0.53%) PMI Certification
7 23 (0.49%) CISM
8 19 (0.40%) Master's Degree
9 18 (0.38%) CIMA
9 18 (0.38%) PMP
10 16 (0.34%) Microsoft Certification
10 16 (0.34%) PRINCE2 Certification
11 13 (0.28%) ISEB
11 13 (0.28%) PhD
12 11 (0.23%) CCNA
12 11 (0.23%) ITIL Certification
13 9 (0.19%) CCNP
13 9 (0.19%) CISA
13 9 (0.19%) GIAC
Quality Assurance & Compliance
1 161 (3.42%) QA
2 112 (2.38%) PMO
3 102 (2.17%) Data Quality
4 76 (1.62%) MiFID
5 70 (1.49%) GDPR
6 34 (0.72%) Accessibility
6 34 (0.72%) IFRS
7 29 (0.62%) ISO/IEC 27001
8 25 (0.53%) SLA
9 24 (0.51%) ISO 20022
10 23 (0.49%) EMIR
11 20 (0.43%) GAAP
12 19 (0.40%) NIST
12 19 (0.40%) Sarbanes-Oxley
13 15 (0.32%) COBIT
14 13 (0.28%) PSD2
14 13 (0.28%) SEPA
15 12 (0.26%) GRC
16 10 (0.21%) FATCA
17 9 (0.19%) PCI DSS
System Software
1 278 (5.91%) Docker
2 120 (2.55%) Active Directory
3 64 (1.36%) VMware Infrastructure
4 29 (0.62%) VMware ESXi
5 26 (0.55%) HDFS
6 15 (0.32%) Virtual Machines
7 13 (0.28%) Virtual Desktop
8 12 (0.26%) Platform Symphony
9 10 (0.21%) vSphere
10 9 (0.19%) Apache ZooKeeper
10 9 (0.19%) OpenAM
11 8 (0.17%) Oracle RAC
12 7 (0.15%) Hyper-V
12 7 (0.15%) NFS
13 5 (0.11%) Active Directory Lightweight Directory Services
13 5 (0.11%) BitLocker
13 5 (0.11%) KVM
13 5 (0.11%) XenApp
14 4 (0.085%) SRDF
14 4 (0.085%) XenDesktop
Systems Management
1 369 (7.85%) Kubernetes
2 213 (4.53%) Ansible
3 150 (3.19%) Terraform
4 79 (1.68%) Puppet
5 45 (0.96%) Opscode Chef
6 30 (0.64%) BladeLogic
6 30 (0.64%) SCCM
7 28 (0.60%) Control-M
8 21 (0.45%) ITRS Geneos
9 20 (0.43%) Grafana
10 17 (0.36%) Active Directory Federation Services
11 12 (0.26%) Kibana
12 11 (0.23%) Data Guard
13 10 (0.21%) CA Single Sign-On
13 10 (0.21%) Istio
13 10 (0.21%) Prometheus
14 9 (0.19%) Microsoft Intune
14 9 (0.19%) Oracle Enterprise Manager
14 9 (0.19%) QRadar
14 9 (0.19%) Single Sign-On
Vendors
1 497 (10.57%) Oracle
2 357 (7.59%) Microsoft
3 133 (2.83%) Google
4 99 (2.11%) IBM
5 92 (1.96%) VMware
6 89 (1.89%) Splunk
7 80 (1.70%) ION Trading
8 71 (1.51%) Cisco
9 65 (1.38%) Databricks
10 59 (1.25%) Citrix
10 59 (1.25%) TIBCO
11 53 (1.13%) ServiceNow
12 51 (1.08%) Bloomberg
13 50 (1.06%) MuleSoft
13 50 (1.06%) Salesforce.com
14 48 (1.02%) Informatica
15 47 (1.00%) Red Hat
16 46 (0.98%) FIS
17 44 (0.94%) Adobe
17 44 (0.94%) SAP