Period
to 6 April 2020

The table below looks at the prevalence of the term Retail Banking in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Retail Banking over the 6 months to 6 April 2020 with a comparison to the same period over 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.

Retail Banking
England > London
6 months to
6 Apr 2020
Same period 2019 Same period 2018
Rank 346 354 287
Rank change year-on-year +8 -67 -34
Contract jobs citing Retail Banking 125 294 424
As % of all contract jobs advertised in London 0.49% 0.69% 0.91%
As % of the General category 1.13% 1.49% 1.91%
Number of daily rates quoted 74 192 288
Median daily rate £600 £550 £500
Median daily rate % change year-on-year +9.09% +10.00% -
10th Percentile £400 £328 £354
90th Percentile £784 £700 £700
England median daily rate £550 £500 £464
% change year-on-year +10.00% +7.76% -0.22%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
England median hourly rate £35.00 £12.60 -
% change year-on-year +177.78% - -

Retail 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.

All General Skills
London
Contract vacancies with a requirement for common skills 11,028 19,756 22,156
As % of all contract IT jobs advertised in London 43.65% 46.15% 47.55%
Number of daily rates quoted 7,651 13,936 15,855
Median daily rate £525 £525 £501
Median daily rate % change year-on-year - +4.90% +0.10%
10th Percentile £325 £325 £313
90th Percentile £725 £700 £700
England median daily rate £500 £500 £475
% change year-on-year - +5.26% +5.56%
Number of hourly rates quoted 190 222 293
Median hourly rate £32.50 £25.00 £23.38
Median hourly rate % change year-on-year +30.00% +6.95% +1.63%
10th Percentile £12.49 £14.78 £13.00
90th Percentile £53.75 £53.75 £47.83
Median hourly rate £23.94 £22.92 £22.42
% change year-on-year +4.47% +2.21% +4.28%

Retail Banking
Job Vacancy Trend in London

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

Job vacancy trend for Retail Banking in London

Retail Banking
Contractor Daily Rate Trend in London

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

Daily rate trend for Retail Banking in London

Retail Banking
Daily Rate Histogram in London

Daily rate distribution for jobs citing Retail Banking in London over the 6 months to 6 April 2020.

Daily rate histogram for Retail Banking in London

Retail Banking
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Retail Banking in London

Retail 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 Retail Banking within the London region over the 6 months to 6 April 2020. 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 +37 21 £581 +24.00% 5
East London - 1 £550 -
Retail Banking
England

For the 6 months to 6 April 2020, IT contractor jobs citing Retail Banking also mentioned the following 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 with a requirement for Retail Banking.

1 101 (80.80%) Banking
2 58 (46.40%) Agile Software Development
3 52 (41.60%) Finance
4 37 (29.60%) Investment Banking
4 37 (29.60%) Wealth Management
5 27 (21.60%) DevOps
6 26 (20.80%) Java
6 26 (20.80%) Retail
7 24 (19.20%) Corporate Banking
8 20 (16.00%) JIRA
9 16 (12.80%) SQL
9 16 (12.80%) TDD
10 15 (12.00%) Jenkins
11 14 (11.20%) Analytical Skills
11 14 (11.20%) Stakeholder Management
12 13 (10.40%) Test Automation
12 13 (10.40%) User Experience
13 12 (9.60%) Continuous Improvement
13 12 (9.60%) Problem-Solving
13 12 (9.60%) AWS
14 11 (8.80%) Migration
15 10 (8.00%) Spring
15 10 (8.00%) QA
15 10 (8.00%) Azure
15 10 (8.00%) Integration Testing
15 10 (8.00%) Management Information System
15 10 (8.00%) Workflow
15 10 (8.00%) Scrum
15 10 (8.00%) Unix
15 10 (8.00%) OOP

Retail Banking
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 7 (5.60%) Apache Spark
1 7 (5.60%) Confluence
2 4 (3.20%) SharePoint
3 2 (1.60%) Elasticsearch
3 2 (1.60%) Oracle Workflow
3 2 (1.60%) SAS
4 1 (0.80%) ColdFusion
4 1 (0.80%) Exchange Server 2010
4 1 (0.80%) MS Exchange
4 1 (0.80%) SharePoint 2013
4 1 (0.80%) WebSphere
Applications
1 5 (4.00%) Sketch
2 2 (1.60%) Adobe After Effects
2 2 (1.60%) Adobe Premiere
2 2 (1.60%) Camtasia
2 2 (1.60%) OmniGraffle
2 2 (1.60%) UserZoom
3 1 (0.80%) InVision
3 1 (0.80%) Microsoft Project
Business Applications
1 1 (0.80%) Dynamics CRM
1 1 (0.80%) Finacle
1 1 (0.80%) Misys Midas
1 1 (0.80%) Oracle AML
Cloud Services
1 12 (9.60%) AWS
2 10 (8.00%) Azure
3 9 (7.20%) GCP
4 6 (4.80%) GitHub
5 4 (3.20%) Power Platform
6 3 (2.40%) Azure Active Directory
6 3 (2.40%) OpenShift
6 3 (2.40%) PaaS
6 3 (2.40%) SaaS
7 2 (1.60%) SurveyMonkey
8 1 (0.80%) Adobe Analytics
8 1 (0.80%) Adobe Creative Cloud
8 1 (0.80%) AWS Lambda
8 1 (0.80%) Cloud Computing
8 1 (0.80%) Dynamics 365
8 1 (0.80%) npm
8 1 (0.80%) Serverless
Communications & Networking
1 4 (3.20%) Firewall
2 3 (2.40%) Internet
3 2 (1.60%) Cisco Nexus
3 2 (1.60%) SSL
4 1 (0.80%) HTTPS
4 1 (0.80%) Intranet
4 1 (0.80%) Network Security
4 1 (0.80%) SAN
Database & Business Intelligence
1 7 (5.60%) Hadoop
2 6 (4.80%) HBase
3 4 (3.20%) Big Data
3 4 (3.20%) Power BI
4 3 (2.40%) SQL Server
5 2 (1.60%) BigQuery
5 2 (1.60%) Data Lake
5 2 (1.60%) Data Warehouse
5 2 (1.60%) MySQL
5 2 (1.60%) Relational Database
6 1 (0.80%) Data Mining
6 1 (0.80%) RDBMS
Development Applications
1 20 (16.00%) JIRA
2 15 (12.00%) Jenkins
3 7 (5.60%) Git (software)
4 6 (4.80%) Bitbucket
4 6 (4.80%) TeamCity
4 6 (4.80%) Travis CI
5 4 (3.20%) Axure RP
5 4 (3.20%) Eclipse
5 4 (3.20%) IntelliJ
5 4 (3.20%) Selenium
5 4 (3.20%) SonarQube
6 3 (2.40%) SoapUI
7 2 (1.60%) Gatling
7 2 (1.60%) LoadRunner
7 2 (1.60%) webpack
8 1 (0.80%) Babel
8 1 (0.80%) eggPlant
8 1 (0.80%) gulp
8 1 (0.80%) HP UFT
8 1 (0.80%) Maven
General
1 101 (80.80%) Banking
2 52 (41.60%) Finance
3 37 (29.60%) Investment Banking
4 26 (20.80%) Retail
5 24 (19.20%) Corporate Banking
6 4 (3.20%) Publishing
7 3 (2.40%) Financial Institution
7 3 (2.40%) Front Office
7 3 (2.40%) Marketing
8 2 (1.60%) International Banking
8 2 (1.60%) Legal
8 2 (1.60%) Telecoms
9 1 (0.80%) German Language
Job Titles
1 32 (25.60%) Developer
2 22 (17.60%) Analyst
3 17 (13.60%) Java Developer
4 15 (12.00%) Business Analyst
5 13 (10.40%) Architect
6 8 (6.40%) Banking Analyst
7 7 (5.60%) DevOps Engineer
7 7 (5.60%) Project Manager
8 6 (4.80%) Hadoop Developer
8 6 (4.80%) Java Hadoop Developer
8 6 (4.80%) Treasury Business Analyst
9 5 (4.00%) Designer
9 5 (4.00%) PHP Developer
9 5 (4.00%) Product Owner
9 5 (4.00%) Retail Banking Business Analyst
9 5 (4.00%) UX Designer
10 4 (3.20%) Automation Architect
10 4 (3.20%) Consultant
10 4 (3.20%) PHP Developer - Fintech
10 4 (3.20%) Retail Banking Project Manager
Libraries, Frameworks & Software Standards
1 10 (8.00%) Spring
2 7 (5.60%) J2EE
2 7 (5.60%) PySpark
2 7 (5.60%) REST
2 7 (5.60%) RESTful
3 6 (4.80%) HTML
3 6 (4.80%) Middleware
3 6 (4.80%) Spring Boot
3 6 (4.80%) Web Services
4 5 (4.00%) jBPM
4 5 (4.00%) Laravel
4 5 (4.00%) Spring Cloud
4 5 (4.00%) Symfony
5 4 (3.20%) JSON
5 4 (3.20%) OAuth
6 3 (2.40%) CSS
6 3 (2.40%) SOAP
6 3 (2.40%) XML
6 3 (2.40%) XSLT
7 2 (1.60%) DOM
Miscellaneous
1 14 (11.20%) Analytical Skills
2 13 (10.40%) User Experience
3 10 (8.00%) Management Information System
3 10 (8.00%) Mobile Banking
4 6 (4.80%) Linux Command Line
5 5 (4.00%) Credit Risk
6 4 (3.20%) Enterprise Software
7 3 (2.40%) Robotics
8 2 (1.60%) Data Centre
8 2 (1.60%) DataPower
8 2 (1.60%) Foreign Exchange (FX)
8 2 (1.60%) Mobile App
8 2 (1.60%) Video Editing
8 2 (1.60%) Virtual Team
9 1 (0.80%) AS400
9 1 (0.80%) Blog
9 1 (0.80%) Greenfield Project
9 1 (0.80%) iSeries
9 1 (0.80%) Mainframe
9 1 (0.80%) SWIFT
Operating Systems
1 10 (8.00%) Unix
2 6 (4.80%) Windows
3 2 (1.60%) Linux
3 2 (1.60%) Windows 7
4 1 (0.80%) Android
4 1 (0.80%) OS/400
4 1 (0.80%) Windows 10
4 1 (0.80%) Windows Server
4 1 (0.80%) Windows Server 2008
4 1 (0.80%) Windows Server 2012
Processes & Methodologies
1 58 (46.40%) Agile Software Development
2 37 (29.60%) Wealth Management
3 27 (21.60%) DevOps
4 16 (12.80%) TDD
5 14 (11.20%) Stakeholder Management
6 13 (10.40%) Test Automation
7 12 (9.60%) Continuous Improvement
7 12 (9.60%) Problem-Solving
8 11 (8.80%) Migration
9 10 (8.00%) Integration Testing
9 10 (8.00%) Microservices
9 10 (8.00%) OOP
9 10 (8.00%) Scrum
9 10 (8.00%) Workflow
10 9 (7.20%) Fintech
10 9 (7.20%) Project Management
11 8 (6.40%) Analytics
11 8 (6.40%) Business Analysis
11 8 (6.40%) Performance Optimisation
11 8 (6.40%) Project Delivery
Programming Languages
1 26 (20.80%) Java
2 16 (12.80%) SQL
3 8 (6.40%) JavaScript
3 8 (6.40%) Python
4 7 (5.60%) PHP
4 7 (5.60%) Scala
5 6 (4.80%) R
6 5 (4.00%) Groovy
6 5 (4.00%) Java 8
7 4 (3.20%) PHP 7
8 3 (2.40%) PowerShell
9 2 (1.60%) C#
9 2 (1.60%) TypeScript
9 2 (1.60%) VB
9 2 (1.60%) XPath
10 1 (0.80%) C++
10 1 (0.80%) ES6
10 1 (0.80%) Kotlin
10 1 (0.80%) RPG
10 1 (0.80%) RPG IV
Qualifications
1 3 (2.40%) Degree
2 2 (1.60%) CCNP
2 2 (1.60%) Cisco Certification
3 1 (0.80%) ISEB
3 1 (0.80%) ISTQB
3 1 (0.80%) Master's Degree
3 1 (0.80%) Numerate Degree
3 1 (0.80%) PgMP
3 1 (0.80%) PMI Certification
3 1 (0.80%) PRINCE2 Certification
Quality Assurance & Compliance
1 10 (8.00%) QA
2 2 (1.60%) GDPR
2 2 (1.60%) ISO/IEC 20000
3 1 (0.80%) Data Quality
3 1 (0.80%) ISO 20022
3 1 (0.80%) PMO
3 1 (0.80%) PSD2
3 1 (0.80%) SEPA
3 1 (0.80%) SLA
System Software
1 6 (4.80%) HDFS
2 4 (3.20%) Active Directory
2 4 (3.20%) Docker
3 2 (1.60%) OpenAM
3 2 (1.60%) OpenDJ
4 1 (0.80%) vSphere
Systems Management
1 6 (4.80%) Hadoop YARN
2 5 (4.00%) Kubernetes
3 4 (3.20%) Ansible
4 2 (1.60%) Kibana
4 2 (1.60%) logstash
4 2 (1.60%) Terraform
5 1 (0.80%) Grafana
5 1 (0.80%) SCCM
Vendors
1 7 (5.60%) Google
2 6 (4.80%) Adobe
2 6 (4.80%) Oracle
3 5 (4.00%) Zend
4 4 (3.20%) Automation Anywhere
4 4 (3.20%) UiPath
5 3 (2.40%) Microsoft
6 2 (1.60%) ForgeRock
6 2 (1.60%) IBM
6 2 (1.60%) Splunk
6 2 (1.60%) Veracode
7 1 (0.80%) Bloomberg
7 1 (0.80%) Citrix
7 1 (0.80%) Databricks
7 1 (0.80%) MicroStrategy
7 1 (0.80%) Murex
7 1 (0.80%) ServiceNow
7 1 (0.80%) Temenos
7 1 (0.80%) Teradata
7 1 (0.80%) VMware