Period
to 22 January 2022

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 22 January 2022 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
22 Jan 2022
Same period 2021 Same period 2020
Rank 25 21 45
Rank change year-on-year -4 +24 -21
Contract jobs citing Banking 4,923 2,510 3,336
As % of all contract jobs advertised in England 7.13% 7.31% 5.05%
As % of the General category 13.10% 13.98% 10.09%
Number of daily rates quoted 3,510 1,891 2,374
10th Percentile £413 £350 £325
25th Percentile £513 £436 £431
Median daily rate (50th Percentile) £625 £550 £550
Median % change year-on-year +13.64% - -
75th Percentile £738 £650 £650
90th Percentile £800 £731 £725
UK median daily rate £600 £550 £550
% change year-on-year +9.09% - -
Number of hourly rates quoted 28 15 29
10th Percentile £11.01 - £16.00
25th Percentile £12.86 £15.04 £16.50
Median hourly rate £16.68 £22.00 £21.00
Median % change year-on-year -24.18% +4.76% +13.51%
75th Percentile £23.25 £23.50 £24.75
90th Percentile £42.49 £53.85 £46.00
UK median hourly rate £23.00 £15.86 £19.75
% change year-on-year +45.02% -19.70% +9.24%

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 37,591 17,957 33,058
As % of all contract IT jobs advertised in England 54.44% 52.28% 50.00%
Number of daily rates quoted 26,119 12,258 21,753
10th Percentile £310 £275 £250
25th Percentile £420 £375 £363
Median daily rate (50th Percentile) £525 £475 £475
Median % change year-on-year +10.53% - -
75th Percentile £638 £588 £575
90th Percentile £738 £688 £675
UK median daily rate £525 £475 £463
% change year-on-year +10.53% +2.70% -2.63%
Number of hourly rates quoted 1,226 732 1,287
10th Percentile £12.25 £12.26 £11.70
25th Percentile £13.25 £15.00 £14.13
Median hourly rate £19.70 £23.43 £18.70
Median % change year-on-year -15.91% +25.28% +1.08%
75th Percentile £43.75 £43.75 £34.39
90th Percentile £57.00 £53.68 £50.00
UK median hourly rate £20.00 £23.41 £18.70
% change year-on-year -14.58% +25.20% +1.80%

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 22 January 2022.

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 22 January 2022.

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 22 January 2022. 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 -2 4,216 £648 +12.61% 592
North of England -36 174 £495 +16.47% 48
Midlands -12 139 £450 +18.73% 34
South East +14 122 £530 +27.71% 42
North West -23 93 £485 +16.17% 19
East Midlands -8 80 £450 +25.00% 16
Yorkshire -38 74 £520 +18.86% 19
South West -6 71 £500 +11.11% 16
West Midlands -15 59 £518 +11.89% 18
East of England -29 26 £375 -13.04% 15
North East +4 7 £444 +57.08% 10
Banking
UK

For the 6 months to 22 January 2022, 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 2,473 (50.23%) Finance
2 1,658 (33.68%) Investment Banking
3 1,551 (31.51%) Agile Software Development
4 1,165 (23.66%) Java
5 1,100 (22.34%) Social Skills
6 960 (19.50%) SQL
7 698 (14.18%) DevOps
8 661 (13.43%) Python
9 632 (12.84%) Azure
10 614 (12.47%) Front Office
11 519 (10.54%) C#
12 518 (10.52%) CI/CD
13 457 (9.28%) .NET
14 443 (9.00%) JIRA
15 440 (8.94%) JavaScript
16 434 (8.82%) Microsoft
17 426 (8.65%) Stakeholder Management
18 425 (8.63%) Oracle
19 424 (8.61%) Scrum
20 412 (8.37%) Microservices
21 406 (8.25%) Linux
22 405 (8.23%) AWS
23 393 (7.98%) Windows
24 382 (7.76%) Analytical Skills
25 364 (7.39%) Foreign Exchange (FX)
26 363 (7.37%) Problem-Solving
27 362 (7.35%) Migration
27 362 (7.35%) Spring
28 357 (7.25%) Git (software)
29 355 (7.21%) Change Management

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
1 206 (4.18%) Confluence
2 186 (3.78%) Apache Spark
3 100 (2.03%) SharePoint
4 73 (1.48%) Apache
5 52 (1.06%) Mule
6 49 (1.00%) IIS
7 40 (0.81%) Red Hat Fuse
8 34 (0.69%) WebSphere
9 31 (0.63%) JBoss
10 28 (0.57%) Elasticsearch
11 25 (0.51%) Tomcat
12 24 (0.49%) SAS
13 18 (0.37%) Oracle Coherence
14 17 (0.35%) Cloud Foundry
15 16 (0.33%) Jupyter
16 15 (0.30%) Appian
17 13 (0.26%) nginx
17 13 (0.26%) WebLogic
18 11 (0.22%) Apache Airflow
19 10 (0.20%) Oracle Workflow
Applications
1 216 (4.39%) Microsoft Excel
2 91 (1.85%) Microsoft PowerPoint
3 75 (1.52%) Microsoft Office
4 58 (1.18%) MS Visio
5 38 (0.77%) Microsoft Project
6 24 (0.49%) Spreadsheet
7 18 (0.37%) Sketch
8 10 (0.20%) Chatbot
9 9 (0.18%) InVision
10 7 (0.14%) Adobe Creative Suite
11 4 (0.081%) Adobe Illustrator
11 4 (0.081%) Adobe XD
12 3 (0.061%) Photoshop
13 2 (0.041%) Acrobat
13 2 (0.041%) Blender
13 2 (0.041%) InDesign
14 1 (0.020%) InfoPath
14 1 (0.020%) Oracle Smart View
14 1 (0.020%) Zeplin
Business Applications
1 30 (0.61%) ION MarketView
1 30 (0.61%) SunGard Martini
2 12 (0.24%) FLEXCUBE
3 9 (0.18%) Dynamics CRM
4 8 (0.16%) Loan IQ
4 8 (0.16%) Markit EDM
4 8 (0.16%) Sentinel
5 7 (0.14%) SAP S/4HANA
5 7 (0.14%) Summit
6 6 (0.12%) Oracle General Ledger
6 6 (0.12%) Oracle Subledger Accounting
7 5 (0.10%) Distributed Ledger
7 5 (0.10%) Temenos T24
8 4 (0.081%) Bloomberg TOMS
8 4 (0.081%) Misys Midas
8 4 (0.081%) Oracle BPM
8 4 (0.081%) R3 Corda
8 4 (0.081%) Remedy ITSM
8 4 (0.081%) SAP CO
8 4 (0.081%) SAP FI/CO
Cloud Services
1 632 (12.84%) Azure
2 405 (8.23%) AWS
3 259 (5.26%) GCP
4 123 (2.50%) GitHub
5 92 (1.87%) OpenShift
6 91 (1.85%) Power Platform
7 88 (1.79%) Microsoft 365
8 82 (1.67%) SaaS
9 66 (1.34%) PaaS
10 62 (1.26%) IaaS
11 60 (1.22%) Serverless
12 53 (1.08%) Cloud Computing
13 51 (1.04%) Azure Data Factory
14 40 (0.81%) Azure Synapse Analytics
15 38 (0.77%) Apigee
16 32 (0.65%) Collibra
17 28 (0.57%) AWS CloudFormation
17 28 (0.57%) Kong
18 27 (0.55%) AWS Lambda
19 25 (0.51%) npm
Communications & Networking
1 108 (2.19%) Firewall
2 71 (1.44%) Network Security
3 62 (1.26%) TCP/IP
4 45 (0.91%) Kerberos
5 43 (0.87%) Internet
6 38 (0.77%) DNS
7 33 (0.67%) LAN
8 31 (0.63%) WAN
9 23 (0.47%) BGP
9 23 (0.47%) VPN
10 22 (0.45%) DHCP
10 22 (0.45%) HTTP
10 22 (0.45%) SAN
11 20 (0.41%) OSPF
12 18 (0.37%) SSL
12 18 (0.37%) X.509
13 17 (0.35%) Intranet
14 15 (0.30%) MPLS
14 15 (0.30%) Unified Communications
14 15 (0.30%) Wireless
Database & Business Intelligence
1 315 (6.40%) SQL Server
2 229 (4.65%) Relational Database
3 204 (4.14%) Big Data
4 162 (3.29%) Data Warehouse
5 159 (3.23%) NoSQL
6 143 (2.90%) MongoDB
7 135 (2.74%) Oracle Database
8 100 (2.03%) Hadoop
9 82 (1.67%) Power BI
10 76 (1.54%) PostgreSQL
11 73 (1.48%) Apache Hive
12 62 (1.26%) Data Lake
13 61 (1.24%) Metadata
14 56 (1.14%) MySQL
14 56 (1.14%) Tableau
15 52 (1.06%) RDBMS
16 51 (1.04%) HBase
17 43 (0.87%) Oracle Database 12c
18 38 (0.77%) SQL Server Integration Services
19 33 (0.67%) Apache Cassandra
Development Applications
1 443 (9.00%) JIRA
2 357 (7.25%) Git (software)
3 346 (7.03%) Jenkins
4 196 (3.98%) TeamCity
5 174 (3.53%) Maven
6 120 (2.44%) Selenium
7 105 (2.13%) Bitbucket
8 95 (1.93%) Cucumber
9 90 (1.83%) Subversion
10 83 (1.69%) GitLab
11 62 (1.26%) Gradle
12 61 (1.24%) Visual Studio
13 58 (1.18%) Artifactory
14 50 (1.02%) Sonatype Nexus
15 47 (0.95%) webpack
16 43 (0.87%) JUnit
17 39 (0.79%) Hudson
18 37 (0.75%) Robot Framework
19 35 (0.71%) SonarQube
20 30 (0.61%) Postman
General
1 2,473 (50.23%) Finance
2 1,658 (33.68%) Investment Banking
3 1,100 (22.34%) Social Skills
4 614 (12.47%) Front Office
5 382 (7.76%) Analytical Skills
6 228 (4.63%) Retail Banking
7 179 (3.64%) Retail
8 161 (3.27%) Presentation Skills
9 133 (2.70%) Legal
10 99 (2.01%) Financial Institution
11 93 (1.89%) Corporate Banking
12 81 (1.65%) Organisational Skills
13 76 (1.54%) Back Office
14 59 (1.20%) Influencing Skills
15 57 (1.16%) Marketing
16 46 (0.93%) Documentation Skills
17 43 (0.87%) Telecoms
18 41 (0.83%) International Banking
19 38 (0.77%) Law
20 26 (0.53%) Public Sector
Job Titles
1 1,632 (33.15%) Developer
2 690 (14.02%) Analyst
3 537 (10.91%) Java Developer
4 501 (10.18%) Architect
5 431 (8.75%) Business Analyst
6 290 (5.89%) Project Manager
7 282 (5.73%) Senior Developer
8 252 (5.12%) Banking Analyst
9 225 (4.57%) Solutions Architect
10 206 (4.18%) C# Developer
11 167 (3.39%) Consultant
12 152 (3.09%) Python Developer
13 140 (2.84%) Senior Java Developer
14 125 (2.54%) Banking Business Analyst
15 116 (2.36%) Data Engineer
16 111 (2.25%) React Developer
17 110 (2.23%) .NET Developer
18 107 (2.17%) Investment Banking Java Developer
19 104 (2.11%) Full Stack Developer
20 103 (2.09%) DevOps Engineer
Libraries, Frameworks & Software Standards
1 457 (9.28%) .NET
2 362 (7.35%) Spring
3 309 (6.28%) React
4 262 (5.32%) HTML
5 259 (5.26%) AngularJS
6 236 (4.79%) REST
7 217 (4.41%) Kafka
8 201 (4.08%) Spring Boot
9 200 (4.06%) CSS
10 172 (3.49%) Node.js
11 168 (3.41%) .NET Framework
11 168 (3.41%) XML
12 167 (3.39%) RESTful
13 151 (3.07%) Middleware
14 122 (2.48%) JSON
15 108 (2.19%) HTML5
16 107 (2.17%) Web Services
16 107 (2.17%) WPF
17 104 (2.11%) Hibernate
18 94 (1.91%) .NET Core
Miscellaneous
1 364 (7.39%) Foreign Exchange (FX)
2 295 (5.99%) Fixed Income
3 246 (5.00%) Derivative
4 200 (4.06%) User Experience
5 148 (3.01%) Equities
6 138 (2.80%) Data Structures
7 117 (2.38%) Algorithms
8 107 (2.17%) Data Protection Act
9 95 (1.93%) Mobile App
10 93 (1.89%) Public Cloud
11 91 (1.85%) Greenfield Project
12 88 (1.79%) Credit Risk
13 84 (1.71%) Virtual Team
14 80 (1.63%) Market Risk
15 75 (1.52%) Management Information System
16 74 (1.50%) Data Centre
17 69 (1.40%) Self-Motivation
18 65 (1.32%) Enterprise Software
19 60 (1.22%) Cloud Native
20 49 (1.00%) Legacy Systems
Operating Systems
1 406 (8.25%) Linux
2 393 (7.98%) Windows
3 270 (5.48%) Unix
4 97 (1.97%) Windows Server
5 91 (1.85%) Apple iOS
6 81 (1.65%) Red Hat Enterprise Linux
7 76 (1.54%) Android
8 39 (0.79%) Windows 10
9 23 (0.47%) Solaris
10 22 (0.45%) Windows Server 2012
11 21 (0.43%) Windows Server 2008
12 18 (0.37%) Windows Server 2016
13 16 (0.33%) Windows 7
14 15 (0.30%) Ubuntu
15 12 (0.24%) Windows Server 2019
16 9 (0.18%) Mac OS
17 6 (0.12%) AIX
18 5 (0.10%) zOS
19 3 (0.061%) Oracle Linux
20 1 (0.020%) CoreOS
Processes & Methodologies
1 1,551 (31.51%) Agile Software Development
2 698 (14.18%) DevOps
3 518 (10.52%) CI/CD
4 426 (8.65%) Stakeholder Management
5 424 (8.61%) Scrum
6 412 (8.37%) Microservices
7 363 (7.37%) Problem-Solving
8 362 (7.35%) Migration
9 355 (7.21%) Change Management
10 342 (6.95%) Analytics
11 333 (6.76%) Test Automation
12 327 (6.64%) Project Management
13 324 (6.58%) Multithreading
14 291 (5.91%) SDLC
14 291 (5.91%) TDD
15 279 (5.67%) Software Engineering
16 276 (5.61%) Electronic Trading
17 245 (4.98%) Digital Transformation Programme
18 227 (4.61%) Data Modelling
19 218 (4.43%) Full Stack Development
Programming Languages
1 1,165 (23.66%) Java
2 960 (19.50%) SQL
3 661 (13.43%) Python
4 519 (10.54%) C#
5 440 (8.94%) JavaScript
6 244 (4.96%) C++
7 177 (3.60%) TypeScript
8 157 (3.19%) Java 8
9 147 (2.99%) PowerShell
10 145 (2.95%) Scala
11 104 (2.11%) PL/SQL
12 95 (1.93%) VBA
13 94 (1.91%) T-SQL
14 88 (1.79%) Shell Script
15 72 (1.46%) Bash
16 56 (1.14%) Kotlin
16 56 (1.14%) VB
17 52 (1.06%) C
18 40 (0.81%) VB.NET
19 39 (0.79%) Java 11
Qualifications
1 197 (4.00%) Degree
2 68 (1.38%) Computer Science Degree
3 40 (0.81%) Cisco Certification
4 38 (0.77%) CISSP
5 34 (0.69%) Security Cleared
6 25 (0.51%) CCNP
6 25 (0.51%) CISM
6 25 (0.51%) PMI Certification
7 21 (0.43%) CCIE
8 18 (0.37%) PhD
8 18 (0.37%) SC Cleared
9 17 (0.35%) CCNA
9 17 (0.35%) CIMA
9 17 (0.35%) PMP
10 15 (0.30%) ITIL Certification
10 15 (0.30%) Master's Degree
11 14 (0.28%) CISA
12 13 (0.26%) PRINCE2 Certification
13 11 (0.22%) CEH
13 11 (0.22%) ISTQB
Quality Assurance & Compliance
1 217 (4.41%) QA
2 118 (2.40%) Data Quality
2 118 (2.40%) PMO
3 86 (1.75%) GDPR
4 69 (1.40%) MiFID
5 41 (0.83%) IFRS
6 36 (0.73%) EMIR
7 34 (0.69%) SLA
8 32 (0.65%) Accessibility
9 31 (0.63%) ISO 20022
9 31 (0.63%) ISO/IEC 27001
10 28 (0.57%) Sarbanes-Oxley
11 27 (0.55%) GAAP
12 25 (0.51%) Dodd-Frank
13 23 (0.47%) NIST
14 17 (0.35%) GRC
15 15 (0.30%) FINREP
15 15 (0.30%) SEPA
16 14 (0.28%) IFRS 9
16 14 (0.28%) ISO/IEC 27005
System Software
1 283 (5.75%) Docker
2 142 (2.88%) Active Directory
3 65 (1.32%) VMware Infrastructure
4 29 (0.59%) VMware ESXi
5 26 (0.53%) HDFS
6 23 (0.47%) vSphere
7 21 (0.43%) Virtual Desktop
8 13 (0.26%) Oracle RAC
9 12 (0.24%) Active Directory Lightweight Directory Services
9 12 (0.24%) Virtual Machines
10 9 (0.18%) OpenAM
11 8 (0.16%) Apache ZooKeeper
12 6 (0.12%) BitLocker
13 5 (0.10%) Hyper-V
13 5 (0.10%) NFS
13 5 (0.10%) Platform Symphony
14 3 (0.061%) Veritas Volume Manager
14 3 (0.061%) Virtual Servers
14 3 (0.061%) XenApp
14 3 (0.061%) XenDesktop
Systems Management
1 334 (6.78%) Kubernetes
2 208 (4.23%) Ansible
3 155 (3.15%) Terraform
4 54 (1.10%) Puppet
5 44 (0.89%) BladeLogic
6 37 (0.75%) SCCM
7 32 (0.65%) Opscode Chef
8 30 (0.61%) Active Directory Federation Services
9 29 (0.59%) ITRS Geneos
10 24 (0.49%) Control-M
11 20 (0.41%) Grafana
12 18 (0.37%) Kibana
13 16 (0.33%) Data Guard
14 13 (0.26%) HP Quality Center
14 13 (0.26%) Istio
15 12 (0.24%) Prometheus
16 11 (0.22%) Nagios
16 11 (0.22%) PowerCLI
16 11 (0.22%) SCOM
17 10 (0.20%) Netcool
Vendors
1 434 (8.82%) Microsoft
2 425 (8.63%) Oracle
3 113 (2.30%) Google
4 103 (2.09%) IBM
5 99 (2.01%) VMware
6 92 (1.87%) Databricks
7 89 (1.81%) Splunk
8 83 (1.69%) Cisco
9 81 (1.65%) ION Trading
10 76 (1.54%) SAP
11 62 (1.26%) ServiceNow
11 62 (1.26%) TIBCO
12 57 (1.16%) Sybase
13 53 (1.08%) Red Hat
13 53 (1.08%) Salesforce.com
14 51 (1.04%) Bloomberg
15 48 (0.98%) Informatica
16 44 (0.89%) Hortonworks
17 40 (0.81%) Citrix
18 39 (0.79%) Cloudera