Period
to 18 July 2018

The median contractor rate for a Banking Analyst was £500 per day in advertised job vacancies in London during the 6 months to 18 July 2018.

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.

Banking Analyst
England > London
6 months to
18 Jul 2018
Same period 2017 Same period 2016
Rank 358 287 237
Rank change year-on-year -71 -50 -41
Contract jobs requiring a Banking Analyst 295 367 487
As % of all contract IT jobs advertised in London 0.64% 0.88% 1.07%
As % of the Job Titles category 0.67% 0.92% 1.12%
Number of daily rates quoted 221 265 349
London median daily rate £500 £500 £450
Median daily rate % change year-on-year - +11.11% -5.26%
10th Percentile £288 £353 £313
90th Percentile £675 £650 £596
England median daily rate £475 £460 £425
% change year-on-year +3.26% +8.24% -5.56%
Number of hourly rates quoted 2 0 1
London median hourly rate £24.00 - £40.00
England median hourly rate £24.00 - £40.00

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.

All Contract IT Job Vacancies
London
Contract vacancies in London with a recognized job title 43,782 39,746 43,314
% of contract IT jobs with a recognized job title 94.76% 95.10% 95.15%
Number of daily rates quoted 31,713 28,288 31,169
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £305 £286
90th Percentile £675 £650 £638
England median daily rate £450 £438 £425
% change year-on-year +2.86% +2.94% +6.25%
Number of hourly rates quoted 649 515 510
London median hourly rate £21.50 £21.25 £19.00
Median hourly rate % change year-on-year +1.18% +11.84% -4.03%
10th Percentile £13.10 £12.50 £10.50
90th Percentile £50.65 £50.00 £46.78
England median hourly rate £18.70 £18.50 £19.00
% change year-on-year +1.08% -2.63% +8.57%

Banking Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Banking Analyst in London

Banking Analyst
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking Analyst in London.

Contractor daily rate trend for Banking Analyst in London

Banking Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Banking Analyst in London over the 6 months to 18 July 2018.

Contractor daily rate histogram for Banking Analyst in London

Banking Analyst
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking Analyst in London.

Contractor 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 18 July 2018. 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
Central London -70 41 £520 -0.95%
South London -42 1 £513 -10.87%
Banking Analyst
England

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

For the 6 months to 18 July 2018, Banking Analyst contract jobs required the following IT skills 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.

1 295 (100.00%) Banking
2 153 (51.86%) Finance
3 102 (34.58%) Investment Banking
4 99 (33.56%) Agile Software Development
5 73 (24.75%) SQL
6 56 (18.98%) Business Analysis
7 53 (17.97%) Stakeholder Management
8 45 (15.25%) Foreign Exchange (FX)
9 44 (14.92%) Retail Banking
10 41 (13.90%) JIRA
10 41 (13.90%) Front Office
11 39 (13.22%) User Stories
12 31 (10.51%) Scrum
13 30 (10.17%) Fixed Income
14 26 (8.81%) Migration
14 26 (8.81%) Data Analysis
14 26 (8.81%) Oracle
14 26 (8.81%) Microsoft
15 25 (8.47%) Change Management
16 24 (8.14%) SQL Server
16 24 (8.14%) Unix
17 22 (7.46%) Translating Business Requirements
18 21 (7.12%) Analytical Skills
18 21 (7.12%) User Acceptance Testing
18 21 (7.12%) Private Banking
18 21 (7.12%) Windows
19 20 (6.78%) MiFID
19 20 (6.78%) Problem-Solving
20 19 (6.44%) Microsoft Excel
20 19 (6.44%) Confluence

Banking Analyst Skill Set
Co-occurring IT Skills in London 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 19 (6.44%) Confluence
2 6 (2.03%) IIS
3 5 (1.69%) SharePoint
4 4 (1.36%) SAS
5 3 (1.02%) Apache Spark
6 2 (0.68%) BizTalk Server
6 2 (0.68%) MS Exchange
Applications
1 19 (6.44%) Microsoft Excel
2 9 (3.05%) Microsoft PowerPoint
3 8 (2.71%) Microsoft Office
3 8 (2.71%) MS Visio
4 2 (0.68%) HipChat
5 1 (0.34%) Microsoft Project
5 1 (0.34%) Spreadsheet
Business Applications
1 10 (3.39%) Oracle Financials
2 8 (2.71%) Salesforce.com CRM
3 3 (1.02%) Dynamics CRM
3 3 (1.02%) ION MarketView
4 1 (0.34%) Loan IQ
4 1 (0.34%) Temenos T24
Cloud Services
1 2 (0.68%) Amazon AWS
1 2 (0.68%) BrowserStack
1 2 (0.68%) Sauce Labs
1 2 (0.68%) Trello
2 1 (0.34%) Amazon S3
2 1 (0.34%) OpenShift
Communications & Networking
1 3 (1.02%) Firewall
1 3 (1.02%) Internet
1 3 (1.02%) LAN
1 3 (1.02%) Remote Desktop
2 2 (0.68%) Multicast
3 1 (0.34%) Kerberos
3 1 (0.34%) NAS
3 1 (0.34%) Network Security
3 1 (0.34%) NGN
3 1 (0.34%) SMS
3 1 (0.34%) WAN
Database & Business Intelligence
1 24 (8.14%) SQL Server
2 10 (3.39%) Relational Database
3 9 (3.05%) Blockchain
3 9 (3.05%) Data Mining
4 8 (2.71%) Big Data
5 7 (2.37%) DB2
6 6 (2.03%) SQL Server Integration Services
7 5 (1.69%) Hadoop
8 4 (1.36%) RDBMS
9 3 (1.02%) BusinessObjects
9 3 (1.02%) Data Warehouse
9 3 (1.02%) Qlik Sense
10 2 (0.68%) NoSQL
10 2 (0.68%) OLAP
10 2 (0.68%) OLAP Cube
10 2 (0.68%) Oracle Database
10 2 (0.68%) PostgreSQL
10 2 (0.68%) Power BI
10 2 (0.68%) Sybase ASE
11 1 (0.34%) PowerPivot
Development Applications
1 41 (13.90%) JIRA
2 4 (1.36%) Selenium
3 3 (1.02%) Team Foundation Server
3 3 (1.02%) TestDirector
4 2 (0.68%) Cucumber
4 2 (0.68%) WebDriver
5 1 (0.34%) Artifactory
5 1 (0.34%) Bitbucket
5 1 (0.34%) FitNesse
5 1 (0.34%) HP UFT
5 1 (0.34%) Jenkins
5 1 (0.34%) Maven
5 1 (0.34%) SpecFlow
General
1 295 (100.00%) Banking
2 153 (51.86%) Finance
3 102 (34.58%) Investment Banking
4 44 (14.92%) Retail Banking
5 41 (13.90%) Front Office
6 21 (7.12%) Private Banking
7 14 (4.75%) Legal
8 13 (4.41%) Back Office
8 13 (4.41%) Retail
9 5 (1.69%) Financial Institution
10 4 (1.36%) Games
11 3 (1.02%) Corporate Banking
11 3 (1.02%) Wholesale Banking
12 2 (0.68%) Marketing
13 1 (0.34%) Advertising
13 1 (0.34%) Billing
13 1 (0.34%) French Language
13 1 (0.34%) General Ledger
13 1 (0.34%) Retail Finance
Libraries, Frameworks & Software Standards
1 7 (2.37%) Middleware
2 4 (1.36%) Rendezvous
3 3 (1.02%) AngularJS
3 3 (1.02%) FIX Protocol
4 2 (0.68%) .NET
4 2 (0.68%) Anaconda
4 2 (0.68%) Gherkin
4 2 (0.68%) IBM Integration Bus
4 2 (0.68%) Kafka
4 2 (0.68%) Spring Boot
5 1 (0.34%) FIXML
5 1 (0.34%) FpML
5 1 (0.34%) LDAP
5 1 (0.34%) MDX
5 1 (0.34%) REST
5 1 (0.34%) SOAP
5 1 (0.34%) Spring
5 1 (0.34%) XML
Miscellaneous
1 45 (15.25%) Foreign Exchange (FX)
2 30 (10.17%) Fixed Income
3 21 (7.12%) Analytical Skills
4 15 (5.08%) Derivative
4 15 (5.08%) Equities
5 14 (4.75%) Fintech
6 10 (3.39%) OTC Derivatives
7 8 (2.71%) Credit Risk
7 8 (2.71%) Virtual Team
8 7 (2.37%) Mainframe
9 6 (2.03%) Greenfield Project
9 6 (2.03%) Self-Motivation
9 6 (2.03%) User Experience
10 5 (1.69%) Computer Science
10 5 (1.69%) Market Risk
11 4 (1.36%) Mobile App
12 3 (1.02%) Data Structures
12 3 (1.02%) Hedge funds
12 3 (1.02%) iPad
12 3 (1.02%) iSeries
Operating Systems
1 24 (8.14%) Unix
2 21 (7.12%) Windows
3 9 (3.05%) Windows Server
4 6 (2.03%) Linux
5 2 (0.68%) Apple iOS
6 1 (0.34%) Android
6 1 (0.34%) NetWare
6 1 (0.34%) Red Hat Enterprise Linux
6 1 (0.34%) Solaris
6 1 (0.34%) Ubuntu
6 1 (0.34%) Windows 10
6 1 (0.34%) Windows XP
Processes & Methodologies
1 99 (33.56%) Agile Software Development
2 56 (18.98%) Business Analysis
3 53 (17.97%) Stakeholder Management
4 39 (13.22%) User Stories
5 31 (10.51%) Scrum
6 26 (8.81%) Data Analysis
6 26 (8.81%) Migration
7 25 (8.47%) Change Management
8 22 (7.46%) Translating Business Requirements
9 21 (7.12%) User Acceptance Testing
10 20 (6.78%) Problem-Solving
11 18 (6.10%) Risk Management
12 17 (5.76%) Test Automation
13 15 (5.08%) Project Management
13 15 (5.08%) Test Scripting
14 14 (4.75%) CRM
14 14 (4.75%) Data Modelling
15 13 (4.41%) Asset Management
15 13 (4.41%) Waterfall
15 13 (4.41%) Wealth Management
Programming Languages
1 73 (24.75%) SQL
2 16 (5.42%) Java
3 12 (4.07%) Python
4 5 (1.69%) T-SQL
5 4 (1.36%) C
5 4 (1.36%) C++
5 4 (1.36%) PowerShell
6 3 (1.02%) C#
6 3 (1.02%) Perl
6 3 (1.02%) Shell Script
7 2 (0.68%) Bash Shell
7 2 (0.68%) JavaScript
7 2 (0.68%) PL/SQL
7 2 (0.68%) R
7 2 (0.68%) VB.NET
8 1 (0.34%) Korn
8 1 (0.34%) MATLAB
8 1 (0.34%) RPG IV
8 1 (0.34%) VBA
8 1 (0.34%) XMLA
Qualifications
1 13 (4.41%) Degree
2 11 (3.73%) ISTQB
3 9 (3.05%) ISEB
4 5 (1.69%) ITIL Certification
5 2 (0.68%) CISSP
5 2 (0.68%) IIBA
6 1 (0.34%) Check Point Certification
6 1 (0.34%) Computer Science Degree
6 1 (0.34%) ITIL Foundation Certificate
6 1 (0.34%) Numerate Degree
6 1 (0.34%) PhD
6 1 (0.34%) PRINCE2 Certification
Quality Assurance & Compliance
1 20 (6.78%) MiFID
2 14 (4.75%) EMIR
3 13 (4.41%) GDPR
3 13 (4.41%) QA
4 11 (3.73%) Dodd-Frank
5 9 (3.05%) PSD2
6 8 (2.71%) PMO
7 7 (2.37%) Data Quality
8 5 (1.69%) AIFMD
9 2 (0.68%) SEPA
10 1 (0.34%) IFRS
10 1 (0.34%) IFRS 9
10 1 (0.34%) ISO 20022
System Software
1 1 (0.34%) Active Directory
1 1 (0.34%) Docker
1 1 (0.34%) HDFS
1 1 (0.34%) Terminal Services
Systems Management
1 6 (2.03%) Control-M
2 2 (0.68%) CA Spectrum
2 2 (0.68%) HP Quality Center
2 2 (0.68%) McAfee ePO
3 1 (0.34%) Ansible
3 1 (0.34%) EMC NetWorker
3 1 (0.34%) Kubernetes
3 1 (0.34%) Oracle Enterprise Manager
Vendors
1 26 (8.81%) Microsoft
1 26 (8.81%) Oracle
2 10 (3.39%) Salesforce.com
3 9 (3.05%) Murex
4 8 (2.71%) IBM
5 7 (2.37%) TIBCO
6 5 (1.69%) Bloomberg
6 5 (1.69%) Cognos
6 5 (1.69%) Remedy
7 4 (1.36%) Hyperion
7 4 (1.36%) ION Trading
7 4 (1.36%) Sybase
7 4 (1.36%) Tableau
7 4 (1.36%) Teradata
8 3 (1.02%) Atlassian
8 3 (1.02%) Blue Prism
8 3 (1.02%) Citrix
9 2 (0.68%) CA
9 2 (0.68%) McAfee
9 2 (0.68%) OpenLink