Period
to 12 May 2021

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 12 May 2021 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
12 May 2021
Same period 2020 Same period 2019
Rank 357 331 354
Rank change year-on-year -26 +23 -48
Contract jobs citing Retail Banking 111 102 272
As % of all contract jobs advertised in London 0.47% 0.48% 0.67%
As % of the General category 0.83% 0.87% 1.17%
Number of daily rates quoted 66 61 172
10th Percentile £400 £413 £350
25th Percentile £422 £463 £450
Median daily rate (50th Percentile) £545 £600 £550
Median % change year-on-year -9.17% +9.09% +4.76%
75th Percentile £634 £700 £638
90th Percentile £713 £775 £700
England median daily rate £500 £550 £525
% change year-on-year -9.09% +4.76% +12.90%

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 13,446 11,689 23,169
As % of all contract IT jobs advertised in London 57.06% 55.52% 56.75%
Number of daily rates quoted 9,545 8,278 16,363
10th Percentile £350 £305 £319
25th Percentile £425 £413 £413
Median daily rate (50th Percentile) £525 £525 £525
75th Percentile £650 £625 £625
90th Percentile £725 £713 £700
England median daily rate £500 £475 £475
% change year-on-year +5.26% - +2.15%
Number of hourly rates quoted 155 200 287
10th Percentile £14.60 £13.62 £11.25
25th Percentile £20.00 £17.78 £15.00
Median hourly rate £28.02 £23.00 £20.00
Median % change year-on-year +21.83% +15.00% -6.98%
75th Percentile £47.38 £38.75 £34.51
90th Percentile £64.00 £53.75 £49.18
England median hourly rate £22.50 £19.50 £18.70
% change year-on-year +15.38% +4.28% +1.08%

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 12 May 2021.

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 12 May 2021. 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 +25 11 £619 +6.49% 11
Retail Banking
England

For the 6 months to 12 May 2021, 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 99 (89.19%) Banking
2 43 (38.74%) Agile Software Development
3 30 (27.03%) Finance
4 23 (20.72%) Retail
4 23 (20.72%) Azure
5 21 (18.92%) Java
6 19 (17.12%) Social Skills
7 18 (16.22%) Investment Banking
8 17 (15.32%) Wealth Management
8 17 (15.32%) DevOps
9 16 (14.41%) Corporate Banking
10 14 (12.61%) Git (software)
10 14 (12.61%) Kafka
10 14 (12.61%) Mobile App
11 13 (11.71%) User Stories
11 13 (11.71%) User Experience
11 13 (11.71%) Analytical Skills
11 13 (11.71%) AWS
11 13 (11.71%) Scrum
12 12 (10.81%) Jenkins
13 11 (9.91%) GCP
13 11 (9.91%) Apache Spark
13 11 (9.91%) MongoDB
14 10 (9.01%) Google
14 10 (9.01%) Spring
14 10 (9.01%) Python
14 10 (9.01%) Microservices
15 9 (8.11%) Analytics
15 9 (8.11%) Scaled Agile Framework
15 9 (8.11%) Microsoft

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 11 (9.91%) Apache Spark
2 4 (3.60%) Confluence
2 4 (3.60%) SAS
3 3 (2.70%) Apache Airflow
4 2 (1.80%) Anypoint
4 2 (1.80%) SharePoint
5 1 (0.90%) Oracle Workflow
5 1 (0.90%) Skype for Business
Applications
1 3 (2.70%) Chatbot
2 2 (1.80%) UserZoom
Business Applications
1 1 (0.90%) FLEXCUBE
1 1 (0.90%) Temenos T24
Cloud Services
1 23 (20.72%) Azure
2 13 (11.71%) AWS
3 11 (9.91%) GCP
4 5 (4.50%) Dynamics 365
4 5 (4.50%) Microsoft 365
4 5 (4.50%) SaaS
5 4 (3.60%) Azure Cosmos DB
6 2 (1.80%) IBM Cloud
6 2 (1.80%) OpenShift
7 1 (0.90%) Apigee
7 1 (0.90%) Azure Data Factory
7 1 (0.90%) Cloud Functions
7 1 (0.90%) Firebase
7 1 (0.90%) GitHub
7 1 (0.90%) IaaS
7 1 (0.90%) npm
7 1 (0.90%) PaaS
7 1 (0.90%) Power Platform
7 1 (0.90%) PowerApps
7 1 (0.90%) Serverless
Communications & Networking
1 6 (5.41%) SSL
2 3 (2.70%) ATM
2 3 (2.70%) Internet
2 3 (2.70%) Kerberos
3 2 (1.80%) 2G
3 2 (1.80%) HTTP
3 2 (1.80%) S/MIME
4 1 (0.90%) Firewall
4 1 (0.90%) Network Security
4 1 (0.90%) Skype
4 1 (0.90%) VPN
Database & Business Intelligence
1 11 (9.91%) MongoDB
2 7 (6.31%) Relational Database
3 5 (4.50%) RDBMS
4 4 (3.60%) Big Data
4 4 (3.60%) HDInsight
4 4 (3.60%) NoSQL
5 3 (2.70%) Apache Hive
5 3 (2.70%) Cloudera CDH
5 3 (2.70%) HBase
5 3 (2.70%) Parquet
5 3 (2.70%) SQL Server
6 2 (1.80%) Data Warehouse
6 2 (1.80%) Hadoop
6 2 (1.80%) PostgreSQL
7 1 (0.90%) BigQuery
7 1 (0.90%) Data Lake
7 1 (0.90%) DB2
7 1 (0.90%) SQL Server Integration Services
7 1 (0.90%) SQL Server Reporting Services
7 1 (0.90%) SQLite
Development Applications
1 14 (12.61%) Git (software)
2 12 (10.81%) Jenkins
3 8 (7.21%) JIRA
4 5 (4.50%) Maven
5 3 (2.70%) Cucumber
5 3 (2.70%) Postman
5 3 (2.70%) Selenium
5 3 (2.70%) Sonatype Nexus
6 2 (1.80%) Eclipse
6 2 (1.80%) IntelliJ
6 2 (1.80%) JUnit
6 2 (1.80%) Mockito
6 2 (1.80%) REST Assured
7 1 (0.90%) AppScan
7 1 (0.90%) Artifactory
7 1 (0.90%) Bitbucket
7 1 (0.90%) Crashlytics
7 1 (0.90%) Mercurial
7 1 (0.90%) SoapUI
7 1 (0.90%) Xcode
General
1 99 (89.19%) Banking
2 30 (27.03%) Finance
3 23 (20.72%) Retail
4 19 (17.12%) Social Skills
5 18 (16.22%) Investment Banking
6 16 (14.41%) Corporate Banking
7 13 (11.71%) Analytical Skills
8 5 (4.50%) Presentation Skills
9 4 (3.60%) Private Banking
10 3 (2.70%) Legal
10 3 (2.70%) Telecoms
11 2 (1.80%) Influencing Skills
11 2 (1.80%) Marketing
11 2 (1.80%) Publishing
11 2 (1.80%) Wholesale Banking
12 1 (0.90%) Back Office
12 1 (0.90%) Documentation Skills
12 1 (0.90%) Games
12 1 (0.90%) Law
Job Titles
1 26 (23.42%) Architect
2 18 (16.22%) Developer
3 15 (13.51%) Analyst
4 11 (9.91%) Solutions Architect
5 7 (6.31%) Business Analyst
6 6 (5.41%) Banking Analyst
6 6 (5.41%) Data Engineer
7 5 (4.50%) Data Architect
8 4 (3.60%) Designer
8 4 (3.60%) Tester
9 3 (2.70%) Android Developer
9 3 (2.70%) Angular Developer
9 3 (2.70%) Automation Tester
9 3 (2.70%) Data Analyst
9 3 (2.70%) Delivery Manager
9 3 (2.70%) Java Developer
9 3 (2.70%) Product Manager
9 3 (2.70%) Senior Architect
9 3 (2.70%) Test Analyst
9 3 (2.70%) User Researcher
Libraries, Frameworks & Software Standards
1 14 (12.61%) Kafka
2 10 (9.01%) Spring
3 7 (6.31%) Spark Streaming
4 6 (5.41%) .NET
4 6 (5.41%) REST
5 5 (4.50%) AngularJS
5 5 (4.50%) J2EE
6 4 (3.60%) Spring Boot
7 3 (2.70%) Apache Avro
7 3 (2.70%) CSS
7 3 (2.70%) HTML
7 3 (2.70%) RAML
7 3 (2.70%) React
8 2 (1.80%) CSS3
8 2 (1.80%) Gherkin
8 2 (1.80%) JSON
8 2 (1.80%) Laravel
8 2 (1.80%) Spring MVC
8 2 (1.80%) Symfony
8 2 (1.80%) Web Services
Miscellaneous
1 14 (12.61%) Mobile App
2 13 (11.71%) User Experience
3 7 (6.31%) Mobile Banking
4 4 (3.60%) Enterprise Software
4 4 (3.60%) Online Banking
4 4 (3.60%) PKI
4 4 (3.60%) Public Cloud
4 4 (3.60%) SWIFT
5 2 (1.80%) Foreign Exchange (FX)
6 1 (0.90%) Animation
6 1 (0.90%) AS400
6 1 (0.90%) Credit Risk
6 1 (0.90%) Grid Computing
6 1 (0.90%) iSeries
6 1 (0.90%) IVR
6 1 (0.90%) Mainframe
6 1 (0.90%) Management Information System
6 1 (0.90%) Market Risk
6 1 (0.90%) Taxonomies
6 1 (0.90%) Wiki
Operating Systems
1 4 (3.60%) Android
2 3 (2.70%) Apple iOS
3 1 (0.90%) Linux
Processes & Methodologies
1 43 (38.74%) Agile Software Development
2 17 (15.32%) DevOps
2 17 (15.32%) Wealth Management
3 13 (11.71%) Scrum
3 13 (11.71%) User Stories
4 10 (9.01%) Microservices
5 9 (8.11%) Analytics
5 9 (8.11%) Scaled Agile Framework
5 9 (8.11%) Stakeholder Management
5 9 (8.11%) TDD
5 9 (8.11%) Test Automation
6 8 (7.21%) BDD
7 7 (6.31%) Acceptance Criteria
7 7 (6.31%) Coaching
7 7 (6.31%) Data Engineering
7 7 (6.31%) Data Ingestion
7 7 (6.31%) Data Integration
7 7 (6.31%) Data Modelling
7 7 (6.31%) Data Pipeline
7 7 (6.31%) Fintech
Programming Languages
1 21 (18.92%) Java
2 10 (9.01%) Python
3 9 (8.11%) Scala
4 7 (6.31%) JavaScript
4 7 (6.31%) SQL
5 4 (3.60%) C#
6 3 (2.70%) Apple Swift
6 3 (2.70%) Java 8
6 3 (2.70%) Kotlin
7 2 (1.80%) PHP
7 2 (1.80%) PHP 7
8 1 (0.90%) Objective-C
8 1 (0.90%) PowerShell
8 1 (0.90%) RPG
8 1 (0.90%) TypeScript
Qualifications
1 9 (8.11%) Degree
2 1 (0.90%) (ISC)2 CCSP
2 1 (0.90%) Cisco Certification
2 1 (0.90%) CISSP
2 1 (0.90%) Computer Science Degree
2 1 (0.90%) GIAC
2 1 (0.90%) PMI Certification
2 1 (0.90%) PMP
2 1 (0.90%) SANS
Quality Assurance & Compliance
1 4 (3.60%) QA
2 3 (2.70%) ISO 20022
2 3 (2.70%) ISO 8583
3 2 (1.80%) GDPR
4 1 (0.90%) COBIT
4 1 (0.90%) Data Quality
4 1 (0.90%) IFRS
4 1 (0.90%) IFRS 9
4 1 (0.90%) NIST
4 1 (0.90%) NIST 800
4 1 (0.90%) SEPA
System Software
1 5 (4.50%) Docker
2 1 (0.90%) OpenAM
Systems Management
1 6 (5.41%) Kubernetes
2 3 (2.70%) Oozie
2 3 (2.70%) Terraform
3 2 (1.80%) Ansible
4 1 (0.90%) HP Fortify
4 1 (0.90%) Opscode Chef
4 1 (0.90%) Packer
Vendors
1 10 (9.01%) Google
2 9 (8.11%) Microsoft
3 4 (3.60%) Confluent
4 3 (2.70%) Databricks
4 3 (2.70%) IBM
4 3 (2.70%) NCR
5 2 (1.80%) Apple
5 2 (1.80%) Oracle
5 2 (1.80%) Splunk
5 2 (1.80%) Veracode
5 2 (1.80%) Zend
6 1 (0.90%) Atlassian
6 1 (0.90%) Blue Coat
6 1 (0.90%) GoldenSource
6 1 (0.90%) HP
6 1 (0.90%) Infoblox
6 1 (0.90%) McAfee
6 1 (0.90%) MuleSoft
6 1 (0.90%) Temenos
6 1 (0.90%) Tripwire