Period
to 21 October 2018

The median contractor rate for a Banking Analyst was £525 per day in advertised job vacancies in London during the 6 months to 21 October 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
21 Oct 2018
Same period 2017 Same period 2016
Rank 374 275 279
Rank change year-on-year -99 +4 -115
Contract jobs requiring a Banking Analyst 277 424 410
As % of all contract IT jobs advertised in London 0.61% 0.94% 0.92%
As % of the Job Titles category 0.64% 0.99% 0.97%
Number of daily rates quoted 212 291 310
London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +0.42%
10th Percentile £314 £325 £313
90th Percentile £650 £638 £650
England median daily rate £488 £450 £450
% change year-on-year +8.33% - -
Number of hourly rates quoted 1 0 0
London median hourly rate £24.00 - -
England median hourly rate £24.00 - -

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 43,329 42,797 42,448
% of contract IT jobs with a recognized job title 94.72% 94.98% 95.13%
Number of daily rates quoted 31,316 30,865 30,276
London median daily rate £500 £488 £450
Median daily rate % change year-on-year +2.56% +8.33% -
10th Percentile £313 £300 £285
90th Percentile £675 £656 £638
England median daily rate £450 £450 £425
% change year-on-year - +5.88% +6.12%
Number of hourly rates quoted 583 512 552
London median hourly rate £19.00 £20.00 £19.50
Median hourly rate % change year-on-year -5.00% +2.56% +2.63%
10th Percentile £12.75 £12.50 £11.25
90th Percentile £52.50 £47.83 £52.35
England median hourly rate £18.00 £18.70 £18.50
% change year-on-year -3.74% +1.08% +4.11%

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 21 October 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 21 October 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 -24 46 £444 -6.58% 6
South London -29 1 £513 -7.03%
Banking Analyst
England

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

For the 6 months to 21 October 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.

1 277 (100.00%) Banking
2 137 (49.46%) Finance
3 93 (33.57%) Agile Software Development
3 93 (33.57%) Investment Banking
4 71 (25.63%) SQL
5 57 (20.58%) Business Analysis
6 38 (13.72%) Front Office
7 37 (13.36%) Fixed Income
8 36 (13.00%) JIRA
8 36 (13.00%) Foreign Exchange (FX)
9 34 (12.27%) Oracle
10 33 (11.91%) Microsoft
11 32 (11.55%) Windows
11 32 (11.55%) Stakeholder Management
12 31 (11.19%) Data Analysis
13 30 (10.83%) Retail Banking
14 28 (10.11%) Migration
15 27 (9.75%) User Acceptance Testing
16 26 (9.39%) CRM
17 25 (9.03%) User Stories
18 23 (8.30%) Analytical Skills
18 23 (8.30%) Project Management
19 22 (7.94%) Unix
19 22 (7.94%) SQL Server
20 21 (7.58%) Scrum
21 20 (7.22%) Risk Management
22 16 (5.78%) Derivative
22 16 (5.78%) Back Office
22 16 (5.78%) Microsoft Excel
22 16 (5.78%) BDD

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 13 (4.69%) Confluence
2 8 (2.89%) IIS
3 4 (1.44%) SharePoint
4 3 (1.08%) BizTalk Server
5 2 (0.72%) Apache Spark
5 2 (0.72%) SAS
6 1 (0.36%) Elasticsearch
6 1 (0.36%) Mule
6 1 (0.36%) WebSphere
Applications
1 16 (5.78%) Microsoft Excel
2 6 (2.17%) MS Visio
3 4 (1.44%) Microsoft PowerPoint
4 3 (1.08%) Microsoft Office
5 1 (0.36%) Microsoft Project
Business Applications
1 12 (4.33%) Dynamics CRM
2 10 (3.61%) Oracle Financials
3 8 (2.89%) Salesforce.com CRM
4 5 (1.81%) ION MarketView
5 3 (1.08%) Temenos T24
6 2 (0.72%) Loan IQ
7 1 (0.36%) Bloomberg AIM
7 1 (0.36%) HiPortfolio
7 1 (0.36%) IntelliMatch
7 1 (0.36%) Markit EDM
Cloud Services
1 7 (2.53%) Amazon AWS
1 7 (2.53%) Microsoft Azure
2 1 (0.36%) GitHub
2 1 (0.36%) IBM Cloud
2 1 (0.36%) OpenShift
2 1 (0.36%) Slack
2 1 (0.36%) Trello
2 1 (0.36%) Tricentis Tosca
Communications & Networking
1 1 (0.36%) Firewall
1 1 (0.36%) Internet
1 1 (0.36%) LAN
1 1 (0.36%) Network Security
1 1 (0.36%) NGN
1 1 (0.36%) SAN
1 1 (0.36%) WAN
Database & Business Intelligence
1 22 (7.94%) SQL Server
2 9 (3.25%) Relational Database
3 8 (2.89%) Data Mining
4 6 (2.17%) DB2
5 4 (1.44%) BusinessObjects
5 4 (1.44%) QlikView
5 4 (1.44%) RDBMS
6 3 (1.08%) Qlik Sense
7 2 (0.72%) Data Mart
7 2 (0.72%) Hadoop
7 2 (0.72%) NoSQL
7 2 (0.72%) Oracle Database
7 2 (0.72%) Oracle Reports
7 2 (0.72%) Power BI
8 1 (0.36%) Data Warehouse
8 1 (0.36%) MongoDB
8 1 (0.36%) MS Access
8 1 (0.36%) OLAP
8 1 (0.36%) SQL Server Integration Services
8 1 (0.36%) Sybase ASE
Development Applications
1 36 (13.00%) JIRA
2 5 (1.81%) Jenkins
2 5 (1.81%) TestDirector
3 3 (1.08%) Team Foundation Server
4 2 (0.72%) Atlassian Bamboo
4 2 (0.72%) Axure RP
4 2 (0.72%) Cucumber
4 2 (0.72%) TeamCity
5 1 (0.36%) Ant
5 1 (0.36%) Bitbucket
5 1 (0.36%) CA Release Automation
5 1 (0.36%) Gatling
5 1 (0.36%) Gradle
5 1 (0.36%) Hudson
5 1 (0.36%) JMeter
5 1 (0.36%) LoadRunner
5 1 (0.36%) Maven
5 1 (0.36%) Selenium
General
1 277 (100.00%) Banking
2 137 (49.46%) Finance
3 93 (33.57%) Investment Banking
4 38 (13.72%) Front Office
5 30 (10.83%) Retail Banking
6 16 (5.78%) Back Office
7 15 (5.42%) Private Banking
8 7 (2.53%) Retail
9 5 (1.81%) Corporate Banking
9 5 (1.81%) Games
10 4 (1.44%) Legal
10 4 (1.44%) Spanish Language
11 3 (1.08%) Financial Institution
11 3 (1.08%) Wholesale Banking
12 2 (0.72%) Law
13 1 (0.36%) French Language
13 1 (0.36%) Marketing
Libraries, Frameworks & Software Standards
1 10 (3.61%) Middleware
2 6 (2.17%) REST
3 5 (1.81%) Rendezvous
4 3 (1.08%) .NET
4 3 (1.08%) FIXML
4 3 (1.08%) Spring Boot
4 3 (1.08%) XML
5 2 (0.72%) AngularJS
5 2 (0.72%) Gherkin
5 2 (0.72%) IBM Integration Bus
5 2 (0.72%) Kafka
5 2 (0.72%) Murex Flex
5 2 (0.72%) Murex MxML
5 2 (0.72%) Spring
6 1 (0.36%) FpML
6 1 (0.36%) JSON
6 1 (0.36%) MDX
6 1 (0.36%) SOAP
6 1 (0.36%) XSD
6 1 (0.36%) XSLT
Miscellaneous
1 37 (13.36%) Fixed Income
2 36 (13.00%) Foreign Exchange (FX)
3 23 (8.30%) Analytical Skills
4 16 (5.78%) Derivative
5 14 (5.05%) Equities
6 11 (3.97%) Market Risk
7 9 (3.25%) Credit Risk
7 9 (3.25%) Fintech
7 9 (3.25%) Self-Motivation
8 7 (2.53%) Greenfield Project
9 6 (2.17%) OTC Derivatives
10 5 (1.81%) Computer Science
11 4 (1.44%) iPad
11 4 (1.44%) Mobile App
12 3 (1.08%) Mainframe
12 3 (1.08%) Online Banking
12 3 (1.08%) SWIFT
12 3 (1.08%) User Experience
13 2 (0.72%) AS400
13 2 (0.72%) Management Information System
Operating Systems
1 32 (11.55%) Windows
2 22 (7.94%) Unix
3 9 (3.25%) Windows Server
4 7 (2.53%) Linux
5 5 (1.81%) Apple iOS
6 4 (1.44%) Android
7 1 (0.36%) Red Hat Enterprise Linux
7 1 (0.36%) Solaris
7 1 (0.36%) Windows Server 2012
Processes & Methodologies
1 93 (33.57%) Agile Software Development
2 57 (20.58%) Business Analysis
3 32 (11.55%) Stakeholder Management
4 31 (11.19%) Data Analysis
5 28 (10.11%) Migration
6 27 (9.75%) User Acceptance Testing
7 26 (9.39%) CRM
8 25 (9.03%) User Stories
9 23 (8.30%) Project Management
10 21 (7.58%) Scrum
11 20 (7.22%) Risk Management
12 16 (5.78%) BDD
13 15 (5.42%) Change Management
13 15 (5.42%) Waterfall
14 14 (5.05%) Data Modelling
14 14 (5.05%) Problem-Solving
14 14 (5.05%) Translating Business Requirements
14 14 (5.05%) UML
15 12 (4.33%) Functional Testing
16 11 (3.97%) Security Testing
Programming Languages
1 71 (25.63%) SQL
2 11 (3.97%) Java
3 9 (3.25%) Python
4 7 (2.53%) PowerShell
5 6 (2.17%) PL/SQL
6 5 (1.81%) T-SQL
7 4 (1.44%) VBA
8 3 (1.08%) C#
8 3 (1.08%) C++
8 3 (1.08%) JavaScript
9 2 (0.72%) C
9 2 (0.72%) Shell Script
10 1 (0.36%) Bash Shell
10 1 (0.36%) Groovy
10 1 (0.36%) Korn
10 1 (0.36%) Perl
10 1 (0.36%) RPG
10 1 (0.36%) RPG IV
10 1 (0.36%) Ruby
10 1 (0.36%) VB.NET
Qualifications
1 14 (5.05%) Degree
2 7 (2.53%) ITIL Certification
3 5 (1.81%) ISEB
4 4 (1.44%) CISSP
4 4 (1.44%) ISTQB
5 2 (0.72%) IIBA
6 1 (0.36%) Check Point Certification
6 1 (0.36%) ITIL Foundation Certificate
6 1 (0.36%) Master's Degree
6 1 (0.36%) PRINCE2 Certification
Quality Assurance & Compliance
1 12 (4.33%) PSD2
2 8 (2.89%) QA
3 7 (2.53%) MiFID
3 7 (2.53%) PMO
4 4 (1.44%) Data Quality
4 4 (1.44%) EMIR
5 3 (1.08%) AIFMD
5 3 (1.08%) Dodd-Frank
5 3 (1.08%) GDPR
5 3 (1.08%) SEPA
6 1 (0.36%) Basel III
6 1 (0.36%) COREP
6 1 (0.36%) FINREP
System Software
1 2 (0.72%) Docker
2 1 (0.36%) HDFS
2 1 (0.36%) VMware ESXi
2 1 (0.36%) VMware Infrastructure
Systems Management
1 8 (2.89%) Kubernetes
2 6 (2.17%) Control-M
3 5 (1.81%) HP Quality Center
4 1 (0.36%) Ansible
4 1 (0.36%) Automic
4 1 (0.36%) McAfee ePO
4 1 (0.36%) Opscode Chef
4 1 (0.36%) Oracle ZFS
4 1 (0.36%) Puppet
Vendors
1 34 (12.27%) Oracle
2 33 (11.91%) Microsoft
3 14 (5.05%) Murex
4 10 (3.61%) Salesforce.com
5 7 (2.53%) IBM
5 7 (2.53%) Tableau
6 6 (2.17%) Remedy
7 5 (1.81%) TIBCO
8 4 (1.44%) Hyperion
8 4 (1.44%) Sitecore
8 4 (1.44%) Sybase
9 3 (1.08%) Blue Prism
9 3 (1.08%) CA
9 3 (1.08%) Citrix
9 3 (1.08%) Cognos
9 3 (1.08%) OpenLink
9 3 (1.08%) SAP
9 3 (1.08%) Splunk
9 3 (1.08%) Teradata
10 2 (0.72%) ION Trading