Investment Banking Contracts in London

Investment Banking
England > London

The table below looks at the prevalence of the term Investment Banking in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 4 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 75 54 58
Rank change year-on-year -21 +4 +9
Contract jobs citing Investment Banking 528 1,162 1,690
As % of all contract jobs advertised in London 2.98% 4.34% 4.34%
As % of the General category 4.73% 6.85% 7.24%
Number of daily rates quoted 405 862 1,249
10th Percentile £500 £525 £538
25th Percentile £600 £588 £624
Median daily rate (50th Percentile) £750 £700 £713
Median % change year-on-year +7.14% -1.75% +9.62%
75th Percentile £850 £806 £800
90th Percentile £900 £950 £875
England median daily rate £725 £700 £713
% change year-on-year +3.57% -1.75% +9.62%
Number of hourly rates quoted 0 0 2
10th Percentile - - £60.33
25th Percentile - - £64.56
Median hourly rate - - £73.25
75th Percentile - - £81.06
90th Percentile - - £84.78
England median hourly rate £19.50 - £60.00
% change year-on-year - - +166.67%

All General Skills
London

Investment 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 London with a requirement for common skills.

Contract vacancies with a requirement for common skills 11,164 16,971 23,332
As % of all contract IT jobs advertised in London 63.09% 63.34% 59.89%
Number of daily rates quoted 7,966 12,282 16,822
10th Percentile £335 £375 £381
25th Percentile £450 £480 £475
Median daily rate (50th Percentile) £575 £600 £575
Median % change year-on-year -4.17% +4.35% +9.52%
75th Percentile £700 £725 £700
90th Percentile £813 £825 £800
England median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 244 217 300
10th Percentile £16.00 £16.52 £19.77
25th Percentile £18.25 £21.24 £25.68
Median hourly rate £28.25 £31.92 £37.50
Median % change year-on-year -11.50% -14.88% +33.93%
75th Percentile £43.75 £58.00 £49.81
90th Percentile £64.86 £70.00 £65.08
England median hourly rate £30.16 £32.50 £21.50
% change year-on-year -7.20% +51.16% -4.44%

Investment Banking
Job Vacancy Trend in London

Job postings citing Investment Banking as a proportion of all IT jobs advertised in London.

Job vacancy trend for Investment Banking in London

Investment Banking
Contractor Daily Rate Trend in London

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

Daily rate trend for Investment Banking in London

Investment Banking
Daily Rate Histogram in London

Daily rate distribution for jobs citing Investment Banking in London over the 6 months to 4 May 2024.

Daily rate histogram for Investment Banking in London

Investment Banking
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Investment Banking in London

Investment Banking
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 Investment Banking within the London region over the 6 months to 4 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 -18 75 £700 -1.75% 9
East London -2 4 £620 +175.56% 3
South London +1 2 £575 +12.20%
Investment Banking
England

Investment Banking
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 82 (15.53%) Apache
2 81 (15.34%) Apache Airflow
3 7 (1.33%) Apache Spark
4 6 (1.14%) SharePoint
5 4 (0.76%) Microsoft Exchange
6 3 (0.57%) CMS
6 3 (0.57%) Confluence
6 3 (0.57%) Headless CMS
7 2 (0.38%) Adobe Experience Manager
8 1 (0.19%) GemFire
8 1 (0.19%) IIS
8 1 (0.19%) nginx
8 1 (0.19%) Oracle Coherence
8 1 (0.19%) Oracle Workflow
8 1 (0.19%) WebSphere
Applications
1 25 (4.73%) Microsoft Excel
2 12 (2.27%) Microsoft PowerPoint
3 8 (1.52%) Microsoft Office
4 4 (0.76%) Microsoft Project
5 2 (0.38%) Sketch
5 2 (0.38%) Spreadsheet
6 1 (0.19%) InVision
Business Applications
1 12 (2.27%) Aladdin
2 11 (2.08%) ION Anvil
2 11 (2.08%) Loan IQ
3 8 (1.52%) ION MarketView
4 6 (1.14%) IntelliMatch
5 3 (0.57%) Orchestrade
6 2 (0.38%) Fidessa
6 2 (0.38%) SAP S/4HANA
7 1 (0.19%) Finacle
7 1 (0.19%) FLEXCUBE
7 1 (0.19%) Oracle FAH
7 1 (0.19%) Oracle General Ledger
7 1 (0.19%) SAP CO
7 1 (0.19%) SAP ERP
7 1 (0.19%) SAP FI
7 1 (0.19%) SAP FI/CO
7 1 (0.19%) Temenos T24
Cloud Services
1 114 (21.59%) AWS
2 80 (15.15%) dbt
3 67 (12.69%) Snowflake
4 57 (10.80%) GCP
5 43 (8.14%) Azure
6 13 (2.46%) Power Platform
7 9 (1.70%) Azure DevOps
8 6 (1.14%) GitHub
8 6 (1.14%) Microsoft 365
8 6 (1.14%) Power Automate
8 6 (1.14%) Serverless
9 4 (0.76%) Cloud Run
9 4 (0.76%) Dynamics 365
9 4 (0.76%) Google Kubernetes Engine
9 4 (0.76%) npm
9 4 (0.76%) OpenShift
9 4 (0.76%) Yarn
10 3 (0.57%) Amazon SQS
10 3 (0.57%) AWS Lambda
10 3 (0.57%) Azure AKS
Communications & Networking
1 5 (0.95%) Firewall
2 4 (0.76%) FIX Connectivity
2 4 (0.76%) Internet
3 3 (0.57%) DMZ
3 3 (0.57%) LAN
3 3 (0.57%) VPN
3 3 (0.57%) WAN
4 2 (0.38%) IPsec
4 2 (0.38%) SSH
4 2 (0.38%) Wireshark
5 1 (0.19%) AMQP
5 1 (0.19%) Cisco Nexus
Database & Business Intelligence
1 80 (15.15%) Amazon Athena
1 80 (15.15%) Apache Arrow
1 80 (15.15%) Apache Ignite
1 80 (15.15%) Dremio
2 69 (13.07%) Data Lake
3 35 (6.63%) Relational Database
4 32 (6.06%) SQL Server
5 13 (2.46%) KDB
6 12 (2.27%) Big Data
7 9 (1.70%) Power BI
8 7 (1.33%) Oracle Database
9 6 (1.14%) NoSQL
10 5 (0.95%) Data Warehouse
10 5 (0.95%) Hadoop
10 5 (0.95%) MongoDB
11 4 (0.76%) BigQuery
11 4 (0.76%) MySQL
12 3 (0.57%) Elasticsearch
12 3 (0.57%) Impala
12 3 (0.57%) SQL Server Reporting Services
Development Applications
1 28 (5.30%) JIRA
2 23 (4.36%) Git
2 23 (4.36%) TeamCity
3 15 (2.84%) Jenkins
4 8 (1.52%) Cucumber
4 8 (1.52%) Visual Studio
5 7 (1.33%) Bitbucket
6 6 (1.14%) GitLab
7 5 (0.95%) MLflow
7 5 (0.95%) TestRail
8 4 (0.76%) Selenium
9 3 (0.57%) Octopus Deploy
9 3 (0.57%) PHPUnit
9 3 (0.57%) SpecFlow
9 3 (0.57%) webpack
10 2 (0.38%) Artifactory
10 2 (0.38%) JUnit
10 2 (0.38%) Maven
10 2 (0.38%) NUnit
10 2 (0.38%) Visual Studio Code
General
1 528 (100.00%) Banking
2 297 (56.25%) Finance
3 193 (36.55%) Front Office
4 116 (21.97%) Social Skills
5 56 (10.61%) Analytical Skills
6 34 (6.44%) Retail
7 32 (6.06%) Retail Banking
8 29 (5.49%) Corporate Banking
9 10 (1.89%) Financial Institution
9 10 (1.89%) Wholesale Banking
10 9 (1.70%) Back Office
11 7 (1.33%) Prime Brokerage
11 7 (1.33%) Public Sector
12 6 (1.14%) Presentation Skills
12 6 (1.14%) Synthetic Prime Brokerage
13 4 (0.76%) Inclusion and Diversity
13 4 (0.76%) Legal
13 4 (0.76%) Organisational Skills
14 2 (0.38%) French Language
14 2 (0.38%) Public Speaking
Job Titles
1 186 (35.23%) Developer
2 109 (20.64%) Analyst
3 70 (13.26%) Business Analyst
4 66 (12.50%) Java Developer
5 65 (12.31%) Senior
6 63 (11.93%) Lead
7 52 (9.85%) Software Engineer
8 34 (6.44%) Architect
9 33 (6.25%) C# Developer
10 32 (6.06%) Java Engineer
11 30 (5.68%) Software Developer
12 29 (5.49%) Python Engineer
13 28 (5.30%) AWS Engineer
13 28 (5.30%) Banking Analyst
13 28 (5.30%) Developer/Software Engineer
13 28 (5.30%) Python Software Engineer
14 27 (5.11%) Java Software Engineer
14 27 (5.11%) Project Manager
14 27 (5.11%) Python Developer
15 26 (4.92%) Front Office Developer
Libraries, Frameworks & Software Standards
1 80 (15.15%) gRPC
1 80 (15.15%) Pandas
2 79 (14.96%) NumPy
2 79 (14.96%) Protocol Buffers
2 79 (14.96%) SciPy
3 48 (9.09%) .NET
4 38 (7.20%) FIX Protocol
5 30 (5.68%) React
6 22 (4.17%) WPF
7 15 (2.84%) CSS
8 12 (2.27%) HTML
9 11 (2.08%) AngularJS
9 11 (2.08%) Spring
10 10 (1.89%) .NET Framework
10 10 (1.89%) Redux
11 8 (1.52%) .NET Core
11 8 (1.52%) Middleware
11 8 (1.52%) WCF
12 7 (1.33%) HTML5
12 7 (1.33%) XML
Miscellaneous
1 161 (30.49%) Derivative
2 154 (29.17%) Fixed Income
3 125 (23.67%) Equities
4 120 (22.73%) Foreign Exchange (FX)
5 95 (17.99%) Hedge funds
6 40 (7.58%) Product Ownership
7 20 (3.79%) Equity Derivative
8 14 (2.65%) Market Risk
9 9 (1.70%) Algorithms
9 9 (1.70%) Distributed Computing
10 8 (1.52%) Credit Risk
10 8 (1.52%) OTC Derivatives
11 7 (1.33%) Greenfield Project
11 7 (1.33%) Management Information System
12 6 (1.14%) Pricing Data
12 6 (1.14%) Public Cloud
12 6 (1.14%) Self-Motivation
13 5 (0.95%) Distributed Systems
13 5 (0.95%) Reference Data
14 4 (0.76%) Replication
Operating Systems
1 46 (8.71%) Linux
2 43 (8.14%) Windows
3 34 (6.44%) Unix
4 4 (0.76%) Android
5 3 (0.57%) Apple iOS
5 3 (0.57%) Red Hat Enterprise Linux
6 2 (0.38%) Windows Server
7 1 (0.19%) VMS
7 1 (0.19%) Windows 10
Processes & Methodologies
1 194 (36.74%) Agile
2 102 (19.32%) Asset Management
3 99 (18.75%) Software Engineering
4 88 (16.67%) Investment Management
5 62 (11.74%) Problem-Solving
6 56 (10.61%) DevOps
7 49 (9.28%) Electronic Trading
8 46 (8.71%) Test Automation
9 40 (7.58%) Analytics
10 39 (7.39%) Line Management
11 38 (7.20%) Project Management
11 38 (7.20%) Wealth Management
12 35 (6.63%) Stakeholder Management
13 33 (6.25%) SDLC
14 30 (5.68%) CI/CD
15 29 (5.49%) Migration
16 28 (5.30%) Risk Management
17 26 (4.92%) Algorithmic Trading
17 26 (4.92%) Fintech
17 26 (4.92%) Greeks
Programming Languages
1 177 (33.52%) Python
2 173 (32.77%) Java
3 123 (23.30%) SQL
4 98 (18.56%) TypeScript
5 89 (16.86%) JavaScript
6 88 (16.67%) C#
7 25 (4.73%) PowerShell
8 23 (4.36%) C++
9 21 (3.98%) Scala
10 10 (1.89%) T-SQL
11 9 (1.70%) Ruby
11 9 (1.70%) VBA
12 8 (1.52%) Perl
13 6 (1.14%) Bash
13 6 (1.14%) Shell Script
14 5 (0.95%) PHP
14 5 (0.95%) R
15 4 (0.76%) PL/SQL
16 3 (0.57%) Data Analysis Expressions
16 3 (0.57%) Go
Qualifications
1 37 (7.01%) Degree
2 13 (2.46%) Numerate Degree
3 10 (1.89%) Computer Science Degree
4 6 (1.14%) Master's Degree
5 4 (0.76%) APMP
5 4 (0.76%) PMP
6 3 (0.57%) CISM
6 3 (0.57%) CISSP
6 3 (0.57%) MCSE
6 3 (0.57%) Microsoft Certification
6 3 (0.57%) SC Cleared
6 3 (0.57%) Security Cleared
7 2 (0.38%) ISEB
7 2 (0.38%) Six Sigma Black Belt
7 2 (0.38%) Six Sigma Green Belt
8 1 (0.19%) PMI Certification
Quality Assurance & Compliance
1 34 (6.44%) Data Quality
2 30 (5.68%) QA
3 18 (3.41%) PMO
4 16 (3.03%) EMIR
5 12 (2.27%) MiFID
6 9 (1.70%) SLA
7 3 (0.57%) Dodd-Frank
8 2 (0.38%) ISO/IEC 27001
8 2 (0.38%) SEPA
9 1 (0.19%) Basel II
9 1 (0.19%) Basel III
9 1 (0.19%) COREP
9 1 (0.19%) Cyber Essentials
9 1 (0.19%) GAAP
9 1 (0.19%) GRC
9 1 (0.19%) IFRS
9 1 (0.19%) IFRS 17
9 1 (0.19%) IFRS 9
9 1 (0.19%) NIST
System Software
1 15 (2.84%) Docker
2 10 (1.89%) Active Directory
3 1 (0.19%) Cronacle
3 1 (0.19%) GridGain
3 1 (0.19%) HDFS
Systems Management
1 15 (2.84%) Kubernetes
2 13 (2.46%) ITRS Geneos
3 11 (2.08%) Ansible
4 9 (1.70%) Grafana
4 9 (1.70%) Terraform
5 8 (1.52%) Puppet
6 2 (0.38%) Consul
6 2 (0.38%) Packer
6 2 (0.38%) Progress Chef
6 2 (0.38%) Prometheus
6 2 (0.38%) Rancher
6 2 (0.38%) Red Hat Satellite
7 1 (0.19%) Argo
7 1 (0.19%) Control-M
7 1 (0.19%) CSIRT
7 1 (0.19%) Kibana
7 1 (0.19%) Netcool
Vendors
1 35 (6.63%) Microsoft
2 30 (5.68%) Bloomberg
3 17 (3.22%) Oracle
4 14 (2.65%) ION Trading
5 12 (2.27%) BISAM
6 10 (1.89%) Databricks
7 8 (1.52%) Refinitiv
8 6 (1.14%) Dynatrace
8 6 (1.14%) IBM
8 6 (1.14%) Murex
9 5 (0.95%) Google
10 4 (0.76%) Alteryx
10 4 (0.76%) Citrix
10 4 (0.76%) ServiceNow
10 4 (0.76%) SmartStream
10 4 (0.76%) Solace
11 3 (0.57%) Cisco
11 3 (0.57%) Fortinet
11 3 (0.57%) GoldenSource
11 3 (0.57%) SAP