The median contractor rate for a Banking Business Analyst was £525 per day in advertised job vacancies in London during the 3 months to 26 June 2017.

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.

Business Analyst - Banking
England / London
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 358 317 352
Rank change year-on-year -41 +35  
Contract jobs requiring a Banking Business Analyst 66 101 90
As % of all contract IT jobs advertised in London 0.32% 0.47% 0.39%
As % of the Job Titles category 0.33% 0.50% 0.41%
Number of daily rates quoted 44 72 68
Median daily rate £525 £450 £475
Median daily rate % change year-on-year +16.66% -5.26%  
90% offered a daily rate of more than £407 £375 £374
10% offered a daily rate of more than £660 £598 £600
UK excluding London median daily rate £403 £395 £365
% change year-on-year +1.83% +8.28%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 19705 20363 22100
As % of all contract IT job vacancies advertised in London 94.93% 95.26% 94.68%
Number of daily rates quoted 14056 14779 15421
Median daily rate £500 £463 £440
Median daily rate % change year-on-year +8.10% +5.11%  
90% offered a daily rate of more than £315 £295 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 245 225 369
Median hourly rate £19.82 £17.89 £19.72
Median hourly rate % change year-on-year +10.81% -9.28%  
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £47.76 £42.60 £52.17
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

Banking Business Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured Banking Business Analyst in the job title.

Job vacancy trend for Banking Business Analyst in London

Banking Business Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Banking Business Analyst in London

Banking Business Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Banking Business Analyst in London over the 3 months to 26 June 2017.

Contractor daily rate histogram for Banking Business Analyst in London

Banking Business 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 Business Analyst in London.

Contractor hourly rate trend for Banking Business Analyst in London

Banking Business 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 Business Analyst within the London region over the 3 months to 26 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -14 5 £475 -3.79% 7
Canary Wharf +1 2 - -
Banking Business Analyst
England

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

For the 6 months to 26 June 2017, Banking Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring Banking Business Analyst in the job title.

1 117 (100.00%) Banking
2 60 (51.28%) Finance
3 55 (47.01%) Business Analysis
4 33 (28.21%) Stakeholder Management
5 31 (26.50%) Investment Banking
6 24 (20.51%) Front Office
7 23 (19.66%) Private Banking
8 18 (15.38%) Agile Software Development
8 18 (15.38%) User Acceptance Testing
9 17 (14.53%) Retail
9 17 (14.53%) MiFID
10 14 (11.97%) Microsoft
11 13 (11.11%) Analytical Skills
11 13 (11.11%) QA
12 12 (10.26%) SQL
12 12 (10.26%) Target Operating Model
13 11 (9.40%) CRM
14 10 (8.55%) Microsoft Excel
14 10 (8.55%) Project Management
14 10 (8.55%) SDLC
15 9 (7.69%) Wealth Management
15 9 (7.69%) Dodd-Frank
15 9 (7.69%) Microsoft Office
16 8 (6.84%) Marketing
16 8 (6.84%) Analytics
16 8 (6.84%) Risk Analysis
16 8 (6.84%) Investment Management
17 7 (5.98%) Anti-Money Laundering
17 7 (5.98%) Basel III
17 7 (5.98%) Test Scripting

Banking Business 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 3 (2.56%) Confluence
2 1 (0.85%) SharePoint
Applications
1 10 (8.55%) Microsoft Excel
2 9 (7.69%) Microsoft Office
3 5 (4.27%) Microsoft PowerPoint
4 4 (3.42%) MS Visio
5 2 (1.71%) Spreadsheet
6 1 (0.85%) Microsoft Project
Business Applications
1 6 (5.13%) FLEXCUBE
1 6 (5.13%) Loan IQ
2 4 (3.42%) Dynamics CRM
3 2 (1.71%) Temenos T24
4 1 (0.85%) Hyperion Planning
4 1 (0.85%) Kondor
4 1 (0.85%) NetSuite
4 1 (0.85%) Temenos Globus
Cloud Services
1 2 (1.71%) Amazon AWS
Database & Business Intelligence
1 2 (1.71%) Big Data
1 2 (1.71%) Hadoop
2 1 (0.85%) Data Warehouse
2 1 (0.85%) Essbase
2 1 (0.85%) OLAP
2 1 (0.85%) Oracle OLAP
2 1 (0.85%) SQL Server
Development Applications
1 7 (5.98%) JIRA
2 1 (0.85%) Team Foundation Server
2 1 (0.85%) Visual Studio
General
1 117 (100.00%) Banking
2 60 (51.28%) Finance
3 31 (26.50%) Investment Banking
4 24 (20.51%) Front Office
5 23 (19.66%) Private Banking
6 17 (14.53%) Retail
7 8 (6.84%) Marketing
8 6 (5.13%) Legal
8 6 (5.13%) Wholesale Banking
9 4 (3.42%) Financial Institution
9 4 (3.42%) Retail Banking
10 3 (2.56%) Back Office
11 1 (0.85%) Advertising
11 1 (0.85%) Corporate Banking
Libraries, Frameworks & Software Standards
1 1 (0.85%) FpML
1 1 (0.85%) XML
Miscellaneous
1 13 (11.11%) Analytical Skills
2 7 (5.98%) Fixed Income
3 6 (5.13%) Foreign Exchange (FX)
3 6 (5.13%) Online Banking
4 5 (4.27%) Equities
4 5 (4.27%) Management Information System
4 5 (4.27%) Market Risk
5 4 (3.42%) Cyberthreat
6 3 (2.56%) User Experience
7 2 (1.71%) Credit Risk
7 2 (1.71%) Fintech
8 1 (0.85%) Greenfield Project
8 1 (0.85%) Hedge funds
8 1 (0.85%) Reference Data
Operating Systems
1 1 (0.85%) Windows
Processes & Methodologies
1 55 (47.01%) Business Analysis
2 33 (28.21%) Stakeholder Management
3 18 (15.38%) Agile Software Development
3 18 (15.38%) User Acceptance Testing
4 12 (10.26%) Target Operating Model
5 11 (9.40%) CRM
6 10 (8.55%) Project Management
6 10 (8.55%) SDLC
7 9 (7.69%) Wealth Management
8 8 (6.84%) Analytics
8 8 (6.84%) Investment Management
8 8 (6.84%) Risk Analysis
9 7 (5.98%) Anti-Money Laundering
9 7 (5.98%) Asset Management
9 7 (5.98%) Change Management
9 7 (5.98%) Migration
9 7 (5.98%) Test Scripting
10 6 (5.13%) Information Security
11 5 (4.27%) Data Analysis
11 5 (4.27%) Scrum
Programming Languages
1 12 (10.26%) SQL
2 5 (4.27%) C#
3 2 (1.71%) R
3 2 (1.71%) VBA
4 1 (0.85%) C
Qualifications
1 4 (3.42%) ACCA
1 4 (3.42%) CIMA
2 3 (2.56%) ISEB
3 1 (0.85%) Degree
Quality Assurance & Compliance
1 17 (14.53%) MiFID
2 13 (11.11%) QA
3 9 (7.69%) Dodd-Frank
4 7 (5.98%) Basel III
4 7 (5.98%) EMIR
5 4 (3.42%) ISO/IEC 27001
6 3 (2.56%) GDPR
7 2 (1.71%) PMO
7 2 (1.71%) SEPA
8 1 (0.85%) AIFMD
8 1 (0.85%) Data Quality
8 1 (0.85%) FINREP
Vendors
1 14 (11.97%) Microsoft
2 5 (4.27%) JD Edwards
2 5 (4.27%) Salesforce.com
3 4 (3.42%) ArcSight
3 4 (3.42%) Oracle
3 4 (3.42%) Splunk
4 2 (1.71%) Bloomberg
4 2 (1.71%) CyberArk
4 2 (1.71%) Google
4 2 (1.71%) Hyperion
4 2 (1.71%) Murex
5 1 (0.85%) Atlassian
5 1 (0.85%) Reuters
5 1 (0.85%) Sophis
5 1 (0.85%) Temenos
London
Joseph Harry Ltd
Posted: 6 days ago