The table below looks at the prevalence of the term Wholesale Banking in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Wholesale Banking over the 3 months to 26 April 2017 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.

Wholesale Banking
England / London
3 months to
26 Apr 2017
Same period 2016 Same period 2015
Rank 410 430 401
Rank change year-on-year +20 -29  
Contract jobs citing Wholesale Banking 16 11 14
As % of all contract IT jobs advertised in London 0.079% 0.048% 0.063%
As % of the General category 0.18% 0.11% 0.14%
Number of daily rates quoted 11 10 13
Median daily rate £550 £606 £440
Median daily rate % change year-on-year -9.27% +37.78%  
90% offered a daily rate of more than £425 £373 £375
10% offered a daily rate of more than £750 £650 £600
UK excluding London median daily rate £525 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Wholesale Banking is in the common skills category. The next 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.

General Skills
London
Contract job vacancies with a requirement for common skills 9132 10167 10123
As % of all contract IT job vacancies advertised in London 45.07% 44.12% 45.41%
Number of daily rates quoted 6453 7525 7161
Median daily rate £520 £500 £475
Median daily rate % change year-on-year +4.00% +5.26%  
90% offered a daily rate of more than £338 £325 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £420 £400 £400
% change year-on-year +5.00% -  
Number of hourly rates quoted 97 97 116
Median hourly rate £21.00 £22.50 £19.86
Median hourly rate % change year-on-year -6.66% +13.30%  
90% offered a hourly rate of more than £12.50 £11.50 £11.00
10% offered a hourly rate of more than £60.00 £55.00 £41.25
UK excluding London median hourly rate £29.50 £29.00 £25.00
% change year-on-year +1.72% +16.00%  

Wholesale Banking
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Wholesale Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Wholesale Banking in London

Wholesale Banking
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Wholesale Banking in London.

Contractor daily rate trend for Wholesale Banking in London

Wholesale Banking
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Wholesale Banking in London over the 3 months to 26 April 2017.

Contractor daily rate histogram for Wholesale Banking in London

Wholesale 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 Wholesale Banking within the London region over the 3 months to 26 April 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +3 6 £425 -26.08%
Wholesale Banking
England

For the 6 months to 26 April 2017, IT contractor jobs citing Wholesale Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Wholesale Banking.

1 22 (100.00%) Banking
2 9 (40.91%) QA
3 8 (36.36%) Test Scripting
3 8 (36.36%) FLEXCUBE
3 8 (36.36%) Loan IQ
3 8 (36.36%) Finance
4 5 (22.73%) SQL
5 4 (18.18%) Foreign Exchange (FX)
5 4 (18.18%) E-Commerce
5 4 (18.18%) JavaScript
5 4 (18.18%) Unix
5 4 (18.18%) Back Office
5 4 (18.18%) Risk Management
5 4 (18.18%) Test Automation
5 4 (18.18%) WebSockets
5 4 (18.18%) AngularJS
6 3 (13.64%) Cybersecurity
6 3 (13.64%) SWIFT
6 3 (13.64%) PCI DSS
6 3 (13.64%) SEPA
6 3 (13.64%) Protractor
6 3 (13.64%) Remediation Plan
6 3 (13.64%) GDPR
6 3 (13.64%) Cash Management
6 3 (13.64%) Security Operations
6 3 (13.64%) Enterprise Architecture
6 3 (13.64%) Legal
6 3 (13.64%) GAP Analysis
6 3 (13.64%) Information Security Management
6 3 (13.64%) Security Management

Wholesale 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:

Applications
1 1 (4.55%) Microsoft Excel
1 1 (4.55%) Microsoft Office
1 1 (4.55%) Microsoft PowerPoint
1 1 (4.55%) MS Visio
Business Applications
1 8 (36.36%) FLEXCUBE
1 8 (36.36%) Loan IQ
Communications & Networking
1 1 (4.55%) Internet
Database & Business Intelligence
1 1 (4.55%) KDB
1 1 (4.55%) MS Access
Development Applications
1 3 (13.64%) Protractor
2 1 (4.55%) HP UFT
2 1 (4.55%) JIRA
2 1 (4.55%) LoadRunner
2 1 (4.55%) Selenium
General
1 22 (100.00%) Banking
2 8 (36.36%) Finance
3 4 (18.18%) Back Office
4 3 (13.64%) Legal
5 1 (4.55%) Front Office
5 1 (4.55%) Investment Banking
Job Titles
1 11 (50.00%) Analyst
2 8 (36.36%) Business Analyst
3 6 (27.27%) Banking Analyst
3 6 (27.27%) Banking Business Analyst
4 4 (18.18%) Consultant
5 3 (13.64%) Architect
5 3 (13.64%) Automation Test Analyst
5 3 (13.64%) IT Consultant
5 3 (13.64%) IT Risk Consultant
5 3 (13.64%) IT Security Consultant
5 3 (13.64%) Payments Architect
5 3 (13.64%) Payments Solutions Architect
5 3 (13.64%) Risk Consultant
5 3 (13.64%) Security Consultant
5 3 (13.64%) Solutions Architect
5 3 (13.64%) Test Analyst
6 2 (9.09%) Business Systems Analyst
7 1 (4.55%) Developer
7 1 (4.55%) Programme Manager
7 1 (4.55%) Tester
Libraries, Frameworks & Software Standards
1 4 (18.18%) AngularJS
1 4 (18.18%) WebSockets
2 3 (13.64%) Middleware
3 2 (9.09%) HTML
3 2 (9.09%) HTML5
Miscellaneous
1 4 (18.18%) Foreign Exchange (FX)
2 3 (13.64%) Management Information System
2 3 (13.64%) SWIFT
3 1 (4.55%) Analytical Skills
3 1 (4.55%) Credit Risk
3 1 (4.55%) Derivative
3 1 (4.55%) Fixed Income
Operating Systems
1 4 (18.18%) Unix
2 2 (9.09%) pSOS
Processes & Methodologies
1 8 (36.36%) Test Scripting
2 4 (18.18%) E-Commerce
2 4 (18.18%) Risk Management
2 4 (18.18%) Test Automation
3 3 (13.64%) Cash Management
3 3 (13.64%) Cybersecurity
3 3 (13.64%) Enterprise Architecture
3 3 (13.64%) GAP Analysis
3 3 (13.64%) Information Security
3 3 (13.64%) Information Security Management
3 3 (13.64%) Remediation Plan
3 3 (13.64%) Security Management
3 3 (13.64%) Security Operations
4 2 (9.09%) Functional Testing
5 1 (4.55%) Agile Project Management
5 1 (4.55%) Analytics
5 1 (4.55%) Electronic Trading
5 1 (4.55%) Kanban
5 1 (4.55%) Root Cause Analysis
5 1 (4.55%) Test Planning
Programming Languages
1 5 (22.73%) SQL
2 4 (18.18%) JavaScript
3 1 (4.55%) C++
3 1 (4.55%) Java
3 1 (4.55%) Python
3 1 (4.55%) VBScript
Qualifications
1 1 (4.55%) ISTQB
Quality Assurance & Compliance
1 9 (40.91%) QA
2 3 (13.64%) GDPR
2 3 (13.64%) PCI DSS
2 3 (13.64%) Sarbanes-Oxley
2 3 (13.64%) SEPA
3 2 (9.09%) MiFID
Systems Management
1 1 (4.55%) HP Quality Center
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 2 days ago