Period
to 22 February 2020

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 6 months to 22 February 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.

Wholesale Banking
England > London
6 months to
22 Feb 2020
Same period 2019 Same period 2018
Rank 478 600 641
Rank change year-on-year +122 +41 -62
Contract jobs citing Wholesale Banking 10 22 14
As % of all contract IT jobs advertised in London 0.035% 0.050% 0.030%
As % of the General category 0.082% 0.11% 0.062%
Number of daily rates quoted 9 16 6
London median daily rate £600 £563 £575
Median daily rate % change year-on-year +6.67% -2.17% +35.29%
10th Percentile £500 £513 £430
90th Percentile £710 £681 £763
England median daily rate £600 £525 £550
% change year-on-year +14.29% -4.55% +29.41%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

Wholesale 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 12,168 20,608 22,567
As % of all contract IT jobs advertised in London 43.08% 46.81% 48.06%
Number of daily rates quoted 8,501 14,577 16,299
London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +3.09%
10th Percentile £313 £325 £310
90th Percentile £719 £700 £688
England median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +5.56%
Number of hourly rates quoted 175 257 264
London median hourly rate £26.50 £24.08 £22.00
Median hourly rate % change year-on-year +10.05% +9.45% -4.35%
10th Percentile £12.44 £13.00 £12.83
90th Percentile £52.50 £53.75 £47.83
England median hourly rate £22.00 £22.00 £22.00

Wholesale Banking
Job Vacancy Trend in London

Job postings citing Wholesale Banking as a percentage of all IT jobs advertised in London.

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 6 months to 22 February 2020.

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 6 months to 22 February 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 +74 3 £500 -28.57%
Wholesale Banking
England

For the 6 months to 22 February 2020, IT contractor jobs citing Wholesale 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 Wholesale Banking.

1 10 (100.00%) Banking
2 7 (70.00%) Finance
3 4 (40.00%) CRM
3 4 (40.00%) Microsoft
3 4 (40.00%) Dynamics CRM
4 2 (20.00%) ServiceNow
4 2 (20.00%) Market Risk
4 2 (20.00%) Private Banking
4 2 (20.00%) Project Management
5 1 (10.00%) GAP Analysis
5 1 (10.00%) Risk Management
5 1 (10.00%) Basel II
5 1 (10.00%) PhD
5 1 (10.00%) Credit Risk
5 1 (10.00%) Requirements Management
5 1 (10.00%) Agile Software Development
5 1 (10.00%) Artificial Intelligence
5 1 (10.00%) Systems Analysis
5 1 (10.00%) Basel III
5 1 (10.00%) CRD IV
5 1 (10.00%) Project Delivery

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:

Business Applications
1 4 (40.00%) Dynamics CRM
General
1 10 (100.00%) Banking
2 7 (70.00%) Finance
3 2 (20.00%) Private Banking
Job Titles
1 5 (50.00%) Analyst
1 5 (50.00%) Business Analyst
2 4 (40.00%) CRM Analyst
2 4 (40.00%) CRM Business Analyst
2 4 (40.00%) Dynamics CRM Business Analyst
3 2 (20.00%) Developer
3 2 (20.00%) Project Manager
3 2 (20.00%) ServiceNow Developer
Miscellaneous
1 2 (20.00%) Market Risk
2 1 (10.00%) Credit Risk
Processes & Methodologies
1 4 (40.00%) CRM
2 2 (20.00%) Project Management
3 1 (10.00%) Agile Software Development
3 1 (10.00%) Artificial Intelligence
3 1 (10.00%) GAP Analysis
3 1 (10.00%) Project Delivery
3 1 (10.00%) Requirements Management
3 1 (10.00%) Risk Management
3 1 (10.00%) Systems Analysis
Qualifications
1 1 (10.00%) PhD
Quality Assurance & Compliance
1 1 (10.00%) Basel II
1 1 (10.00%) Basel III
1 1 (10.00%) CRD IV
Vendors
1 4 (40.00%) Microsoft
2 2 (20.00%) ServiceNow