Banking Analyst Contracts in London

Banking Analyst
England > London

The median Banking Analyst daily rate in London is £625 according to job vacancies posted during the 6 months to 8 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
8 May 2024
Same period 2023 Same period 2022
Rank 266 314 393
Rank change year-on-year +48 +79 -27
Contract jobs requiring a Banking Analyst 118 174 224
As % of all contract jobs advertised in London 0.67% 0.66% 0.58%
As % of the Job Titles category 0.71% 0.70% 0.61%
Number of daily rates quoted 72 126 149
10th Percentile £365 £392 £455
25th Percentile £500 £520 £500
Median daily rate (50th Percentile) £625 £600 £600
Median % change year-on-year +4.17% - +9.09%
75th Percentile £700 £700 £700
90th Percentile £850 £806 £750
England median daily rate £625 £600 £600
% change year-on-year +4.17% - +12.68%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. 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 London with a recognized job title 16,506 25,035 36,829
% of contract IT jobs with a recognized job title 93.29% 95.25% 95.33%
Number of daily rates quoted 11,947 18,137 26,928
10th Percentile £325 £363 £375
25th Percentile £445 £463 £471
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £680 £700 £683
90th Percentile £800 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +7.69%
Number of hourly rates quoted 329 282 444
10th Percentile £16.00 £18.00 £16.50
25th Percentile £20.02 £22.66 £22.50
Median hourly rate £27.50 £35.75 £35.00
Median % change year-on-year -23.08% +2.14% +8.63%
75th Percentile £44.75 £62.64 £49.25
90th Percentile £65.01 £79.80 £67.94
England median hourly rate £37.18 £45.00 £22.50
% change year-on-year -17.38% +100.00% +2.27%

Banking Analyst
Job Vacancy Trend in London

Job postings that featured Banking Analyst in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Banking Analyst in London

Banking Analyst
Contractor Daily Rate Trend in London

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

Daily rate trend for Banking Analyst in London

Banking Analyst
Daily Rate Histogram in London

Daily rate distribution for jobs citing Banking Analyst in London over the 6 months to 8 May 2024.

Daily rate histogram for Banking Analyst in London

Banking Analyst
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Banking Analyst in London

Banking Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Analyst within the London region over the 6 months to 8 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
Central London +41 8 £518 +29.38% 1
East London -4 1 £540 +20.00%
Banking Analyst
England

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

For the 6 months to 8 May 2024, Banking 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 London region featuring Banking Analyst in the job title.

1 118 (100.00%) Banking
2 99 (83.90%) Finance
3 42 (35.59%) Change Management
4 31 (26.27%) SQL
5 29 (24.58%) Front Office
6 28 (23.73%) Service Management
7 27 (22.88%) Python
7 27 (22.88%) Investment Banking
8 26 (22.03%) Back Office
9 25 (21.19%) Derivative
10 23 (19.49%) Social Skills
11 21 (17.80%) C#
12 20 (16.95%) Asset Management
12 20 (16.95%) Mentoring
12 20 (16.95%) Investment Management
12 20 (16.95%) Hedge funds
13 16 (13.56%) ITSM
14 14 (11.86%) ITIL
14 14 (11.86%) Analytical Skills
15 13 (11.02%) Microsoft Excel
16 12 (10.17%) GAP Analysis
17 11 (9.32%) Stakeholder Management
17 11 (9.32%) Business Analysis
18 10 (8.47%) Microsoft PowerPoint
18 10 (8.47%) Foreign Exchange (FX)
18 10 (8.47%) PMO
19 9 (7.63%) Data Analysis
20 8 (6.78%) Degree
20 8 (6.78%) Oracle
20 8 (6.78%) DevOps

Banking Analyst Skill Set
Co-occurring Skills and Capabilities in London 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 2 (1.69%) Apache Spark
Applications
1 13 (11.02%) Microsoft Excel
2 10 (8.47%) Microsoft PowerPoint
3 3 (2.54%) Microsoft Office
3 3 (2.54%) MS Visio
Business Applications
1 4 (3.39%) Oracle Subledger Accounting
2 3 (2.54%) FLEXCUBE
3 2 (1.69%) Oracle Assets
3 2 (1.69%) Oracle EBS
3 2 (1.69%) Oracle EBS R12
3 2 (1.69%) Oracle Financials
3 2 (1.69%) Oracle General Ledger
3 2 (1.69%) Oracle Payables
4 1 (0.85%) Finacle
4 1 (0.85%) Remedy ITSM
4 1 (0.85%) Temenos T24
Cloud Services
1 4 (3.39%) Power Platform
2 3 (2.54%) Azure
3 2 (1.69%) OCI
4 1 (0.85%) AWS
4 1 (0.85%) Power Automate
4 1 (0.85%) PowerApps
Database & Business Intelligence
1 4 (3.39%) Power BI
2 3 (2.54%) Tableau
3 2 (1.69%) Apache Hive
3 2 (1.69%) Big Data
3 2 (1.69%) Hadoop
3 2 (1.69%) Impala
3 2 (1.69%) Oracle Reports
3 2 (1.69%) SQL Server
4 1 (0.85%) Data Mining
Development Applications
1 3 (2.54%) JIRA
2 1 (0.85%) Git
General
1 118 (100.00%) Banking
2 99 (83.90%) Finance
3 29 (24.58%) Front Office
4 27 (22.88%) Investment Banking
5 26 (22.03%) Back Office
6 23 (19.49%) Social Skills
7 14 (11.86%) Analytical Skills
8 7 (5.93%) Corporate Banking
8 7 (5.93%) General Ledger
9 5 (4.24%) Retail Banking
10 3 (2.54%) Financial Institution
11 2 (1.69%) Inclusion and Diversity
11 2 (1.69%) Organisational Skills
11 2 (1.69%) Presentation Skills
12 1 (0.85%) Influencing Skills
12 1 (0.85%) Legal
12 1 (0.85%) Prime Brokerage
12 1 (0.85%) Retail
Miscellaneous
1 25 (21.19%) Derivative
2 20 (16.95%) Hedge funds
3 10 (8.47%) Foreign Exchange (FX)
4 6 (5.08%) SWIFT Messaging Network
5 4 (3.39%) Management Information System
5 4 (3.39%) Product Ownership
6 3 (2.54%) Greenfield Project
6 3 (2.54%) Reference Data
7 2 (1.69%) Credit Risk
7 2 (1.69%) Equities
8 1 (0.85%) Analytical Mindset
8 1 (0.85%) CMDB
8 1 (0.85%) Equity Derivative
8 1 (0.85%) Fixed Income
8 1 (0.85%) Market Risk
8 1 (0.85%) OTC Derivatives
8 1 (0.85%) Synthetic Equity
8 1 (0.85%) Virtual Team
Processes & Methodologies
1 42 (35.59%) Change Management
2 28 (23.73%) Service Management
3 20 (16.95%) Asset Management
3 20 (16.95%) Investment Management
3 20 (16.95%) Mentoring
4 16 (13.56%) ITSM
5 14 (11.86%) ITIL
6 12 (10.17%) GAP Analysis
7 11 (9.32%) Business Analysis
7 11 (9.32%) Stakeholder Management
8 9 (7.63%) Data Analysis
9 8 (6.78%) DevOps
9 8 (6.78%) Problem-Solving
9 8 (6.78%) Site Reliability Engineering
10 6 (5.08%) Risk Management
11 5 (4.24%) Agile
11 5 (4.24%) Analytics
11 5 (4.24%) Requirements Gathering
11 5 (4.24%) User Stories
11 5 (4.24%) Visualisation
Programming Languages
1 31 (26.27%) SQL
2 27 (22.88%) Python
3 21 (17.80%) C#
4 2 (1.69%) Java
4 2 (1.69%) R
4 2 (1.69%) VBA
5 1 (0.85%) C++
5 1 (0.85%) PL/SQL
Qualifications
1 8 (6.78%) Degree
2 4 (3.39%) SC Cleared
2 4 (3.39%) Security Cleared
3 1 (0.85%) ITIL Certification
3 1 (0.85%) ITIL Foundation Certificate
3 1 (0.85%) Master's Degree
3 1 (0.85%) MBA
3 1 (0.85%) Six Sigma Black Belt
3 1 (0.85%) Six Sigma Green Belt
3 1 (0.85%) Tableau Certification
Quality Assurance & Compliance
1 10 (8.47%) PMO
2 5 (4.24%) GAAP
3 4 (3.39%) EMIR
3 4 (3.39%) SEPA
4 3 (2.54%) SLA
5 2 (1.69%) QA
6 1 (0.85%) Basel II
6 1 (0.85%) Basel III
6 1 (0.85%) MiFID
Vendors
1 8 (6.78%) Oracle
2 7 (5.93%) Microsoft
3 5 (4.24%) Bloomberg
4 3 (2.54%) GoldenSource
4 3 (2.54%) ServiceNow
5 2 (1.69%) Calypso
5 2 (1.69%) Murex
5 2 (1.69%) Refinitiv
6 1 (0.85%) Alteryx
6 1 (0.85%) BMC
6 1 (0.85%) Fiserv
6 1 (0.85%) Remedy
6 1 (0.85%) Salesforce
6 1 (0.85%) Temenos