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 14 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
14 May 2024
Same period 2023 Same period 2022
Rank 77 54 58
Rank change year-on-year -23 +4 +9
Contract jobs citing Investment Banking 528 1,133 1,679
As % of all contract jobs advertised in London 3.02% 4.33% 4.32%
As % of the General category 4.77% 6.85% 7.18%
Number of daily rates quoted 411 847 1,245
10th Percentile £500 £525 £532
25th Percentile £600 £588 £625
Median daily rate (50th Percentile) £750 £700 £725
Median % change year-on-year +7.14% -3.45% +11.54%
75th Percentile £850 £810 £800
90th Percentile £888 £950 £876
England median daily rate £750 £700 £713
% change year-on-year +7.14% -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 11,060 16,542 23,389
As % of all contract IT jobs advertised in London 63.19% 63.27% 60.17%
Number of daily rates quoted 7,890 11,986 16,911
10th Percentile £338 £375 £381
25th Percentile £450 £481 £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 £825 £825 £800
England median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 236 210 299
10th Percentile £15.75 £16.59 £19.58
25th Percentile £18.13 £21.24 £25.68
Median hourly rate £27.92 £31.71 £37.50
Median % change year-on-year -11.95% -15.44% +29.98%
75th Percentile £43.75 £57.07 £50.00
90th Percentile £65.00 £70.25 £67.50
England median hourly rate £30.50 £32.50 £21.50
% change year-on-year -6.15% +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 14 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 14 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 -6 75 £700 -0.88% 7
East London -4 3 £540 +0.47% 3
South London 0 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 98 (18.56%) Apache
2 97 (18.37%) Apache Airflow
3 7 (1.33%) Apache Spark
4 6 (1.14%) SharePoint
5 5 (0.95%) Microsoft Exchange
6 4 (0.76%) Confluence
7 3 (0.57%) CMS
7 3 (0.57%) Headless CMS
8 2 (0.38%) Adobe Experience Manager
8 2 (0.38%) nginx
9 1 (0.19%) GemFire
9 1 (0.19%) IIS
9 1 (0.19%) Oracle Coherence
9 1 (0.19%) Oracle Workflow
Applications
1 24 (4.55%) Microsoft Excel
2 12 (2.27%) Microsoft PowerPoint
3 9 (1.70%) 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 5 (0.95%) IntelliMatch
5 4 (0.76%) 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%) 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
1 129 (24.43%) AWS
2 96 (18.18%) dbt
3 83 (15.72%) Snowflake
4 66 (12.50%) GCP
5 42 (7.95%) Azure
6 14 (2.65%) Power Platform
7 7 (1.33%) Azure DevOps
7 7 (1.33%) Power Automate
8 6 (1.14%) GitHub
8 6 (1.14%) Microsoft 365
8 6 (1.14%) Serverless
9 5 (0.95%) Dynamics 365
9 5 (0.95%) npm
9 5 (0.95%) Yarn
10 4 (0.76%) Cloud Run
10 4 (0.76%) Google Kubernetes Engine
10 4 (0.76%) OpenShift
11 3 (0.57%) Amazon SQS
11 3 (0.57%) AWS Lambda
11 3 (0.57%) Azure AKS
Communications & Networking
1 4 (0.76%) Firewall
1 4 (0.76%) FIX Connectivity
1 4 (0.76%) Internet
1 4 (0.76%) SSH
2 3 (0.57%) LAN
2 3 (0.57%) WAN
3 2 (0.38%) AMQP
3 2 (0.38%) DMZ
3 2 (0.38%) VPN
4 1 (0.19%) Cisco Nexus
4 1 (0.19%) IPsec
4 1 (0.19%) Wireshark
Database & Business Intelligence
1 96 (18.18%) Amazon Athena
1 96 (18.18%) Apache Arrow
1 96 (18.18%) Apache Ignite
1 96 (18.18%) Dremio
2 84 (15.91%) Data Lake
3 33 (6.25%) Relational Database
4 30 (5.68%) SQL Server
5 12 (2.27%) KDB
6 10 (1.89%) Big Data
7 9 (1.70%) Power BI
8 6 (1.14%) NoSQL
9 5 (0.95%) Hadoop
9 5 (0.95%) MongoDB
9 5 (0.95%) Oracle Database
10 4 (0.76%) BigQuery
10 4 (0.76%) Data Warehouse
10 4 (0.76%) MySQL
11 3 (0.57%) Apache Hive
11 3 (0.57%) Elasticsearch
11 3 (0.57%) Impala
Development Applications
1 29 (5.49%) JIRA
2 23 (4.36%) Git
3 20 (3.79%) TeamCity
4 15 (2.84%) Jenkins
5 10 (1.89%) Cucumber
6 8 (1.52%) Visual Studio
7 7 (1.33%) Bitbucket
8 5 (0.95%) GitLab
8 5 (0.95%) MLflow
8 5 (0.95%) TestRail
9 4 (0.76%) JUnit
9 4 (0.76%) Selenium
10 3 (0.57%) Octopus Deploy
10 3 (0.57%) PHPUnit
10 3 (0.57%) SpecFlow
10 3 (0.57%) webpack
11 2 (0.38%) Artifactory
11 2 (0.38%) Cypress.io
11 2 (0.38%) Mocha
11 2 (0.38%) Visual Studio Code
General
1 528 (100.00%) Banking
2 305 (57.77%) Finance
3 204 (38.64%) Front Office
4 114 (21.59%) Social Skills
5 55 (10.42%) Analytical Skills
6 33 (6.25%) Retail
7 31 (5.87%) Retail Banking
8 29 (5.49%) Corporate Banking
9 10 (1.89%) Back Office
9 10 (1.89%) Financial Institution
9 10 (1.89%) Wholesale Banking
10 7 (1.33%) Prime Brokerage
11 6 (1.14%) Presentation Skills
11 6 (1.14%) Public Sector
11 6 (1.14%) Synthetic Prime Brokerage
12 4 (0.76%) Inclusion and Diversity
12 4 (0.76%) Legal
12 4 (0.76%) Organisational Skills
13 2 (0.38%) French Language
13 2 (0.38%) Public Speaking
Job Titles
1 186 (35.23%) Developer
2 107 (20.27%) Analyst
3 70 (13.26%) Business Analyst
4 67 (12.69%) Java Developer
4 67 (12.69%) Senior
5 65 (12.31%) Lead
6 62 (11.74%) Software Engineer
7 39 (7.39%) Architect
8 38 (7.20%) Java Engineer
9 35 (6.63%) Python Engineer
10 34 (6.44%) AWS Engineer
10 34 (6.44%) Python Software Engineer
10 34 (6.44%) Software Developer
11 33 (6.25%) C# Developer
11 33 (6.25%) Java Software Engineer
12 32 (6.06%) AWS Software Engineer
12 32 (6.06%) Developer/Software Engineer
13 31 (5.87%) Solutions Architect
14 29 (5.49%) Python Developer
15 28 (5.30%) Project Manager
Libraries, Frameworks & Software Standards
1 97 (18.37%) gRPC
2 96 (18.18%) Pandas
3 95 (17.99%) NumPy
3 95 (17.99%) Protocol Buffers
3 95 (17.99%) SciPy
4 46 (8.71%) .NET
5 37 (7.01%) FIX Protocol
6 29 (5.49%) React
7 20 (3.79%) WPF
8 13 (2.46%) CSS
8 13 (2.46%) Spring
9 12 (2.27%) AngularJS
10 11 (2.08%) HTML
11 10 (1.89%) .NET Framework
12 8 (1.52%) .NET Core
12 8 (1.52%) Kafka
12 8 (1.52%) Redux
12 8 (1.52%) WCF
12 8 (1.52%) XML
13 7 (1.33%) Middleware
Miscellaneous
1 176 (33.33%) Derivative
2 167 (31.63%) Fixed Income
3 139 (26.33%) Equities
4 134 (25.38%) Foreign Exchange (FX)
5 112 (21.21%) Hedge funds
6 40 (7.58%) Product Ownership
7 20 (3.79%) Equity Derivative
8 14 (2.65%) Market Risk
9 10 (1.89%) Algorithms
10 8 (1.52%) Credit Risk
10 8 (1.52%) Distributed Computing
10 8 (1.52%) OTC Derivatives
10 8 (1.52%) Pricing Data
11 7 (1.33%) Greenfield Project
11 7 (1.33%) Management Information System
12 6 (1.14%) Enterprise Software
13 5 (0.95%) Distributed Systems
13 5 (0.95%) Public Cloud
13 5 (0.95%) Reference Data
13 5 (0.95%) Self-Motivation
Operating Systems
1 43 (8.14%) Linux
2 40 (7.58%) Windows
3 34 (6.44%) Unix
4 3 (0.57%) Android
5 2 (0.38%) Apple iOS
5 2 (0.38%) Red Hat Enterprise Linux
6 1 (0.19%) VMS
6 1 (0.19%) Windows 10
6 1 (0.19%) Windows Server
Processes & Methodologies
1 212 (40.15%) Agile
2 118 (22.35%) Software Engineering
3 117 (22.16%) Asset Management
4 93 (17.61%) Investment Management
5 61 (11.55%) Problem-Solving
6 52 (9.85%) DevOps
7 47 (8.90%) Line Management
8 46 (8.71%) Test Automation
9 42 (7.95%) Electronic Trading
10 39 (7.39%) Project Management
10 39 (7.39%) Wealth Management
11 38 (7.20%) Analytics
12 35 (6.63%) SDLC
13 34 (6.44%) Stakeholder Management
14 32 (6.06%) Greeks
15 30 (5.68%) Migration
16 27 (5.11%) Risk Management
16 27 (5.11%) Scrum
17 26 (4.92%) Fintech
18 24 (4.55%) CI/CD
Programming Languages
1 191 (36.17%) Python
2 187 (35.42%) Java
3 117 (22.16%) SQL
4 113 (21.40%) TypeScript
5 105 (19.89%) JavaScript
6 83 (15.72%) C#
7 24 (4.55%) PowerShell
8 23 (4.36%) C++
9 21 (3.98%) Scala
10 9 (1.70%) T-SQL
10 9 (1.70%) VBA
11 8 (1.52%) Ruby
12 7 (1.33%) Perl
13 5 (0.95%) Bash
13 5 (0.95%) PHP
13 5 (0.95%) R
13 5 (0.95%) Shell Script
14 3 (0.57%) Data Analysis Expressions
14 3 (0.57%) Go
14 3 (0.57%) PL/SQL
Qualifications
1 38 (7.20%) 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 40 (7.58%) Data Quality
2 31 (5.87%) QA
3 15 (2.84%) EMIR
3 15 (2.84%) PMO
4 11 (2.08%) MiFID
5 10 (1.89%) SLA
6 3 (0.57%) Dodd-Frank
6 3 (0.57%) ISO/IEC 27001
7 2 (0.38%) Cyber Essentials
7 2 (0.38%) SEPA
8 1 (0.19%) Basel II
8 1 (0.19%) Basel III
8 1 (0.19%) GAAP
8 1 (0.19%) GRC
8 1 (0.19%) NIST
System Software
1 15 (2.84%) Docker
2 11 (2.08%) 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 11 (2.08%) ITRS Geneos
3 10 (1.89%) Ansible
3 10 (1.89%) Grafana
4 8 (1.52%) Terraform
5 6 (1.14%) Puppet
6 3 (0.57%) Prometheus
7 1 (0.19%) Argo
7 1 (0.19%) Consul
7 1 (0.19%) Control-M
7 1 (0.19%) CSIRT
7 1 (0.19%) Kibana
7 1 (0.19%) Netcool
7 1 (0.19%) Packer
7 1 (0.19%) Progress Chef
7 1 (0.19%) Rancher
7 1 (0.19%) Red Hat Satellite
Vendors
1 36 (6.82%) Microsoft
2 30 (5.68%) Bloomberg
3 15 (2.84%) 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%) Murex
9 5 (0.95%) IBM
10 4 (0.76%) Alteryx
10 4 (0.76%) Citrix
10 4 (0.76%) Google
10 4 (0.76%) ServiceNow
10 4 (0.76%) SmartStream
11 3 (0.57%) Atlassian
11 3 (0.57%) GoldenSource
11 3 (0.57%) SAP
11 3 (0.57%) Solace
11 3 (0.57%) Splunk