Period
to

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 8 August 2022 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
8 Aug 2022
Same period 2021 Same period 2020
Rank 381 364 291
Rank change year-on-year -17 -73 +57
Contract jobs citing Retail Banking 227 185 92
As % of all contract jobs advertised in London 0.57% 0.61% 0.60%
As % of the General category 0.92% 1.05% 1.03%
Number of daily rates quoted 95 111 56
10th Percentile £350 £419 £400
25th Percentile £425 £514 £500
Median daily rate (50th Percentile) £575 £605 £550
Median % change year-on-year -4.96% +10.00% -
75th Percentile £738 £700 £606
90th Percentile £800 £775 £750
England median daily rate £532 £550 £550
% change year-on-year -3.23% - +4.76%

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 24,582 17,675 8,952
As % of all contract IT jobs advertised in London 61.70% 57.83% 58.57%
Number of daily rates quoted 17,826 12,428 6,387
10th Percentile £388 £360 £325
25th Percentile £475 £450 £420
Median daily rate (50th Percentile) £588 £550 £525
Median % change year-on-year +6.82% +4.76% +0.96%
75th Percentile £706 £660 £644
90th Percentile £800 £738 £738
England median daily rate £550 £513 £495
% change year-on-year +7.32% +3.54% +4.21%
Number of hourly rates quoted 231 190 131
10th Percentile £17.08 £14.98 £15.00
25th Percentile £24.48 £19.94 £19.99
Median hourly rate £35.50 £29.00 £30.05
Median % change year-on-year +22.41% -3.49% +43.10%
75th Percentile £53.75 £46.47 £46.25
90th Percentile £70.75 £64.10 £61.25
England median hourly rate £24.71 £19.00 £21.00
% change year-on-year +30.05% -9.52% +5.00%

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 8 August 2022.

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 8 August 2022. 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 -4 18 £706 +13.00% 11
Retail Banking
England

For the 6 months to 8 August 2022, 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.

1 217 (95.59%) Banking
2 105 (46.26%) Finance
3 104 (45.81%) Retail
3 104 (45.81%) Investment Banking
4 103 (45.37%) Wealth Management
5 100 (44.05%) Agile
6 98 (43.17%) Corporate Banking
7 56 (24.67%) Social Skills
8 44 (19.38%) JIRA
9 36 (15.86%) Scrum
10 34 (14.98%) SQL
10 34 (14.98%) User Experience
11 33 (14.54%) Java
12 29 (12.78%) Analytical Skills
13 26 (11.45%) Confluence
14 25 (11.01%) Problem-Solving
15 23 (10.13%) Stakeholder Management
16 22 (9.69%) UX Design
16 22 (9.69%) AWS
16 22 (9.69%) Continuous Improvement
16 22 (9.69%) Microservices
17 21 (9.25%) User Stories
18 20 (8.81%) Test Automation
19 19 (8.37%) Kanban
19 19 (8.37%) Business Analysis
20 18 (7.93%) Analytics
20 18 (7.93%) Coaching
20 18 (7.93%) SDLC
21 17 (7.49%) Scaled Agile Framework
21 17 (7.49%) Project Management

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 26 (11.45%) Confluence
2 7 (3.08%) Anypoint
2 7 (3.08%) SAS
3 4 (1.76%) CMS
4 1 (0.44%) Apache
4 1 (0.44%) Apache Spark
4 1 (0.44%) Oracle SOA Suite
4 1 (0.44%) PowerExchange
Applications
1 10 (4.41%) Sketch
2 6 (2.64%) Microsoft Excel
3 4 (1.76%) Microsoft Office
4 3 (1.32%) Microsoft PowerPoint
4 3 (1.32%) Microsoft Project
5 2 (0.88%) InVision
6 1 (0.44%) Adobe After Effects
6 1 (0.44%) Chatbot
6 1 (0.44%) MS Visio
Business Applications
1 4 (1.76%) Dynamics CRM
2 3 (1.32%) Actimize
3 2 (0.88%) Eikon
4 1 (0.44%) Finacle
4 1 (0.44%) Payment Gateway
Cloud Services
1 22 (9.69%) AWS
2 16 (7.05%) Azure
3 7 (3.08%) GCP
4 5 (2.20%) Dynamics 365
4 5 (2.20%) Figma
4 5 (2.20%) Power Platform
4 5 (2.20%) SaaS
5 4 (1.76%) Microsoft 365
6 3 (1.32%) Apigee
7 2 (0.88%) Adobe Creative Cloud
7 2 (0.88%) Collibra
7 2 (0.88%) Serverless
7 2 (0.88%) Slack
8 1 (0.44%) Amazon Kinesis
8 1 (0.44%) Azure Functions
8 1 (0.44%) Azure Service Bus
8 1 (0.44%) BrowserStack
8 1 (0.44%) Google Kubernetes Engine
8 1 (0.44%) Google Pay
8 1 (0.44%) OpenShift
Communications & Networking
1 12 (5.29%) HTTP
2 2 (0.88%) 2G
2 2 (0.88%) HTTPS
2 2 (0.88%) TCP/IP
3 1 (0.44%) Firewall
3 1 (0.44%) FTP
3 1 (0.44%) Network Security
3 1 (0.44%) VPN
Database & Business Intelligence
1 14 (6.17%) MongoDB
2 13 (5.73%) SQL Server
3 11 (4.85%) Data Warehouse
4 7 (3.08%) DB2
5 5 (2.20%) NoSQL
5 5 (2.20%) ObjectStore
5 5 (2.20%) PostgreSQL
6 4 (1.76%) Tableau
7 3 (1.32%) Metadata
7 3 (1.32%) Relational Database
8 2 (0.88%) Apache Zeppelin
8 2 (0.88%) BusinessObjects
8 2 (0.88%) Data Mining
8 2 (0.88%) Elasticsearch
8 2 (0.88%) Power BI
8 2 (0.88%) ThoughtSpot
9 1 (0.44%) MS Access
9 1 (0.44%) MySQL
9 1 (0.44%) PowerCenter
9 1 (0.44%) Snowflake Schema
Development Applications
1 44 (19.38%) JIRA
2 14 (6.17%) Cucumber
2 14 (6.17%) Jenkins
3 11 (4.85%) Git (software)
4 9 (3.96%) Bitbucket
4 9 (3.96%) Maven
4 9 (3.96%) REST Assured
5 8 (3.52%) Postman
5 8 (3.52%) Selenium
6 7 (3.08%) Eclipse
6 7 (3.08%) JUnit
7 6 (2.64%) Axure RP
7 6 (2.64%) IntelliJ
8 3 (1.32%) Team Foundation Server
9 2 (0.88%) Appium
9 2 (0.88%) Artifactory
9 2 (0.88%) Fiddler
9 2 (0.88%) Zephyr
10 1 (0.44%) Robot Framework
10 1 (0.44%) SoapUI
General
1 217 (95.59%) Banking
2 105 (46.26%) Finance
3 104 (45.81%) Investment Banking
3 104 (45.81%) Retail
4 98 (43.17%) Corporate Banking
5 56 (24.67%) Social Skills
6 29 (12.78%) Analytical Skills
7 15 (6.61%) Legal
8 6 (2.64%) Inclusion and Diversity
8 6 (2.64%) Influencing Skills
8 6 (2.64%) Presentation Skills
9 3 (1.32%) Marketing
9 3 (1.32%) Organisational Skills
9 3 (1.32%) Publishing
10 2 (0.88%) Back Office
10 2 (0.88%) Financial Institution
11 1 (0.44%) Documentation Skills
11 1 (0.44%) Front Office
Job Titles
1 45 (19.82%) Analyst
2 30 (13.22%) Architect
3 27 (11.89%) Business Analyst
4 21 (9.25%) Designer
5 17 (7.49%) Solutions Architect
6 13 (5.73%) Developer
7 10 (4.41%) Project Manager
8 9 (3.96%) Scrum Master
8 9 (3.96%) UX Designer
9 8 (3.52%) Banking Analyst
10 7 (3.08%) Java Developer
10 7 (3.08%) Senior Designer
10 7 (3.08%) Tester
11 6 (2.64%) Agile Coach
11 6 (2.64%) Data Modeller
11 6 (2.64%) Delivery Manager
11 6 (2.64%) Digital Developer
11 6 (2.64%) Service Analyst
11 6 (2.64%) User Experience Researcher
12 5 (2.20%) IT Architect
Libraries, Frameworks & Software Standards
1 15 (6.61%) JSON
2 13 (5.73%) REST
3 11 (4.85%) Gherkin
3 11 (4.85%) RESTful
4 10 (4.41%) React
4 10 (4.41%) Spring
5 9 (3.96%) CSS
5 9 (3.96%) HTML
6 8 (3.52%) Kafka
6 8 (3.52%) Node.js
7 7 (3.08%) RAML
8 6 (2.64%) Velocity
9 5 (2.20%) .NET
9 5 (2.20%) Spring Boot
10 4 (1.76%) Web Services
11 3 (1.32%) HTML5
12 2 (0.88%) NumPy
12 2 (0.88%) OAuth2
12 2 (0.88%) Pandas
12 2 (0.88%) WireMock
Miscellaneous
1 34 (14.98%) User Experience
2 8 (3.52%) Mobile App
3 7 (3.08%) Greenfield Project
3 7 (3.08%) Management Information System
4 6 (2.64%) Credit Risk
5 5 (2.20%) Mobile Banking
6 4 (1.76%) Public Cloud
7 3 (1.32%) iPhone
7 3 (1.32%) SWIFT
8 2 (0.88%) Analytical Mindset
8 2 (0.88%) Distributed Denial-of-Service
8 2 (0.88%) Equities
8 2 (0.88%) Fixed Income
8 2 (0.88%) Mainframe
8 2 (0.88%) Market Risk
8 2 (0.88%) W3C
9 1 (0.44%) Data Protection Act
9 1 (0.44%) Derivative
9 1 (0.44%) Self-Motivation
9 1 (0.44%) Virtual Team
Operating Systems
1 9 (3.96%) Windows
2 6 (2.64%) Linux
3 5 (2.20%) Android
4 3 (1.32%) Unix
5 1 (0.44%) Apple iOS
5 1 (0.44%) Red Hat Enterprise Linux
5 1 (0.44%) Windows 10
5 1 (0.44%) Windows Server
5 1 (0.44%) Windows Server 2016
5 1 (0.44%) Windows Server 2019
Processes & Methodologies
1 103 (45.37%) Wealth Management
2 100 (44.05%) Agile
3 36 (15.86%) Scrum
4 25 (11.01%) Problem-Solving
5 23 (10.13%) Stakeholder Management
6 22 (9.69%) Continuous Improvement
6 22 (9.69%) Microservices
6 22 (9.69%) UX Design
7 21 (9.25%) User Stories
8 20 (8.81%) Test Automation
9 19 (8.37%) Business Analysis
9 19 (8.37%) Kanban
10 18 (7.93%) Analytics
10 18 (7.93%) Coaching
10 18 (7.93%) SDLC
11 17 (7.49%) Project Management
11 17 (7.49%) Scaled Agile Framework
12 16 (7.05%) BDD
12 16 (7.05%) DevOps
12 16 (7.05%) Sprint Planning
Programming Languages
1 34 (14.98%) SQL
2 33 (14.54%) Java
3 15 (6.61%) JavaScript
4 14 (6.17%) Python
5 2 (0.88%) C#
5 2 (0.88%) Kotlin
5 2 (0.88%) MATLAB
5 2 (0.88%) PL/SQL
6 1 (0.44%) C
6 1 (0.44%) C++
6 1 (0.44%) ES6
6 1 (0.44%) PowerShell
6 1 (0.44%) R
6 1 (0.44%) Shell Script
6 1 (0.44%) TypeScript
Qualifications
1 10 (4.41%) Degree
2 3 (1.32%) ISEB
3 2 (0.88%) Six Sigma Black Belt
4 1 (0.44%) CISA
4 1 (0.44%) CISM
4 1 (0.44%) CISSP
4 1 (0.44%) Computer Science Degree
4 1 (0.44%) PMP
4 1 (0.44%) SANS
Quality Assurance & Compliance
1 16 (7.05%) QA
2 3 (1.32%) Accessibility
2 3 (1.32%) Data Quality
3 2 (0.88%) PMO
3 2 (0.88%) WCAG
4 1 (0.44%) NIST
4 1 (0.44%) PSD2
4 1 (0.44%) SEPA
4 1 (0.44%) SLA
System Software
1 11 (4.85%) Docker
2 1 (0.44%) HDFS
2 1 (0.44%) VMware Infrastructure
Systems Management
1 11 (4.85%) Kubernetes
2 4 (1.76%) Terraform
3 1 (0.44%) Kibana
3 1 (0.44%) TeamSite
Vendors
1 13 (5.73%) Microsoft
2 6 (2.64%) Atlassian
2 6 (2.64%) Oracle
3 5 (2.20%) GoldenSource
3 5 (2.20%) Google
3 5 (2.20%) Sparx
4 4 (1.76%) Adobe
5 3 (1.32%) Salesforce.com
6 2 (0.88%) AppDynamics
6 2 (0.88%) Bloomberg
6 2 (0.88%) Casewise
6 2 (0.88%) Informatica
6 2 (0.88%) Splunk
6 2 (0.88%) StreamSets
6 2 (0.88%) Teradata
6 2 (0.88%) Zoho
7 1 (0.44%) Cloudera
7 1 (0.44%) Confluent
7 1 (0.44%) Fiserv
7 1 (0.44%) VocaLink