Banking Contracts in the Midlands

Banking
England > Midlands

The table below looks at the prevalence of the term Banking in contract job vacancies in the Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 49 86 90
Rank change year-on-year +37 +4 +13
Contract jobs citing Banking 66 47 80
As % of all contract jobs advertised in the Midlands 3.45% 1.70% 2.32%
As % of the General category 5.53% 3.11% 4.17%
Number of daily rates quoted 53 38 44
10th Percentile £309 £361 £454
25th Percentile £385 £403 £500
Median daily rate (50th Percentile) £545 £476 £550
Median % change year-on-year +14.44% -13.41% +10.00%
75th Percentile £575 £538 £695
90th Percentile £672 £671 £731
England median daily rate £600 £625 £650
% change year-on-year -4.00% -3.85% +1.96%
Number of hourly rates quoted 2 1 0
Median hourly rate £13.78 £40.50 -
Median % change year-on-year -65.98% - -
England median hourly rate £22.27 £19.50 £21.00
% change year-on-year +14.21% -7.14% -10.57%

All General Skills
Midlands

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in the Midlands.

Contract vacancies with a requirement for common skills 1,194 1,513 1,920
As % of all contract IT jobs advertised in the Midlands 62.38% 54.88% 55.78%
Number of daily rates quoted 778 1,034 1,359
10th Percentile £190 £207 £213
25th Percentile £343 £350 £363
Median daily rate (50th Percentile) £468 £488 £480
Median % change year-on-year -4.10% +1.56% +2.67%
75th Percentile £550 £611 £588
90th Percentile £650 £738 £688
England median daily rate £525 £538 £550
% change year-on-year -2.33% -2.27% -
Number of hourly rates quoted 70 167 83
10th Percentile £13.98 £11.75 £11.80
25th Percentile £14.16 £13.90 £13.31
Median hourly rate £18.88 £17.50 £20.32
Median % change year-on-year +7.90% -13.88% +14.80%
75th Percentile £30.00 £38.13 £32.13
90th Percentile £34.24 £53.80 £51.50
England median hourly rate £27.50 £30.16 £33.82
% change year-on-year -8.82% -10.82% +57.30%

Banking
Job Vacancy Trend in the Midlands

Job postings citing Banking as a proportion of all IT jobs advertised in the Midlands.

Job vacancy trend for Banking in the Midlands

Banking
Contractor Daily Rate Trend in the Midlands

3-month moving average daily rate quoted in jobs citing Banking in the Midlands.

Daily rate trend for Banking in the Midlands

Banking
Daily Rate Histogram in the Midlands

Daily rate distribution for jobs citing Banking in the Midlands over the 6 months to 1 May 2025.

Daily rate histogram for Banking in the Midlands

Banking
Contractor Hourly Rate Trend in the Midlands

3-month moving average hourly rates quoted in jobs citing Banking in the Midlands.

Hourly rate trend for Banking in the Midlands

Banking
Contract Job Locations in the Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Midlands region over the 6 months to 1 May 2025. 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
West Midlands +30 33 £564 +7.33% 43
East Midlands +12 33 £390 -12.85% 27
Banking
England

Banking
Co-occurring Skills and Capabilities in the Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (3.03%) Apache
1 2 (3.03%) Apache Spark
1 2 (3.03%) Tomcat
2 1 (1.52%) Appian
2 1 (1.52%) Confluence
2 1 (1.52%) SAS
Business Applications
1 2 (3.03%) Exstream
1 2 (3.03%) Payment Gateway
1 2 (3.03%) Sparx Enterprise Architect
2 1 (1.52%) Summit
Cloud Services
1 18 (27.27%) AWS
2 4 (6.06%) Snowflake
3 3 (4.55%) Azure
4 2 (3.03%) GCP
5 1 (1.52%) Akamai
5 1 (1.52%) Apigee
5 1 (1.52%) AWS CodePipeline
5 1 (1.52%) Cloudflare
5 1 (1.52%) Kong
5 1 (1.52%) SaaS
Communications & Networking
1 2 (3.03%) Broadband
1 2 (3.03%) HTTP
2 1 (1.52%) Firewall
2 1 (1.52%) Network Security
Database & Business Intelligence
1 3 (4.55%) Big Data
2 2 (3.03%) Apache Hudi
2 2 (3.03%) Apache Iceberg
2 2 (3.03%) Data Lake
2 2 (3.03%) Delta Lake
2 2 (3.03%) Flink
2 2 (3.03%) Hadoop
2 2 (3.03%) MongoDB
2 2 (3.03%) NoSQL
2 2 (3.03%) Parquet
2 2 (3.03%) SQL Server
3 1 (1.52%) Oracle Database
Development Applications
1 4 (6.06%) Cucumber
1 4 (6.06%) Selenium
2 3 (4.55%) ERwin
2 3 (4.55%) Jenkins
3 2 (3.03%) Introscope
3 2 (3.03%) LoadRunner
3 2 (3.03%) REST Assured
4 1 (1.52%) GitLab
4 1 (1.52%) MagicDraw
General
1 39 (59.09%) Finance
2 13 (19.70%) Social Skills
3 9 (13.64%) Analytical Skills
4 6 (9.09%) Investment Banking
5 3 (4.55%) Influencing Skills
5 3 (4.55%) Legal
6 2 (3.03%) Games
6 2 (3.03%) International Banking
6 2 (3.03%) Marketing
7 1 (1.52%) Advertising
7 1 (1.52%) Financial Institution
7 1 (1.52%) Presentation Skills
7 1 (1.52%) Retail
7 1 (1.52%) Retail Banking
Job Titles
1 13 (19.70%) Analyst
2 11 (16.67%) Architect
3 8 (12.12%) Business Analyst
3 8 (12.12%) Solutions Architect
4 7 (10.61%) Data Engineer
5 6 (9.09%) Programme Manager
6 3 (4.55%) AWS Architect
6 3 (4.55%) AWS Solution Architect
6 3 (4.55%) Programme Director
6 3 (4.55%) Project Manager
6 3 (4.55%) Test Engineer
7 2 (3.03%) Automation Engineer
7 2 (3.03%) Business Data Analyst
7 2 (3.03%) Customer Service Advisor
7 2 (3.03%) Data Modeller
7 2 (3.03%) Developer
7 2 (3.03%) IT Project Manager
7 2 (3.03%) Junior
7 2 (3.03%) Product Consultant
7 2 (3.03%) Scala Developer
Libraries, Frameworks & Software Standards
1 4 (6.06%) HTML
1 4 (6.06%) JSON
2 3 (4.55%) Kafka
2 3 (4.55%) REST
3 2 (3.03%) .NET
3 2 (3.03%) Apache Avro
3 2 (3.03%) DOM
3 2 (3.03%) FIX Protocol
3 2 (3.03%) FpML
3 2 (3.03%) J2EE
3 2 (3.03%) jQuery
3 2 (3.03%) Playwright
3 2 (3.03%) Web Services
3 2 (3.03%) XML
4 1 (1.52%) Lightning Web Components
4 1 (1.52%) OAuth
4 1 (1.52%) OpenID
4 1 (1.52%) RAML
4 1 (1.52%) Spring
4 1 (1.52%) Spring Boot
Miscellaneous
1 7 (10.61%) Onboarding
2 5 (7.58%) Data Protection Act
3 2 (3.03%) Cloud Native
3 2 (3.03%) Credit Risk
3 2 (3.03%) Data Structures
3 2 (3.03%) Distributed Systems
3 2 (3.03%) Reference Data
4 1 (1.52%) Mainframe
4 1 (1.52%) Product Ownership
4 1 (1.52%) Public Cloud
4 1 (1.52%) Social Media
Operating Systems
1 2 (3.03%) AIX
1 2 (3.03%) Unix
Processes & Methodologies
1 14 (21.21%) Problem-Solving
2 12 (18.18%) Agile
3 11 (16.67%) Migration
3 11 (16.67%) Stakeholder Management
4 9 (13.64%) Scrum
5 7 (10.61%) Data Modelling
5 7 (10.61%) Digital Transformation Programme
6 6 (9.09%) CI/CD
6 6 (9.09%) Risk Management
7 5 (7.58%) Business Case
7 5 (7.58%) Business Strategy
7 5 (7.58%) Change Management
7 5 (7.58%) Continuous Improvement
7 5 (7.58%) Cost-Benefit Analysis
7 5 (7.58%) Data Analysis
7 5 (7.58%) Data Protection
7 5 (7.58%) Decision-Making
7 5 (7.58%) People Management
7 5 (7.58%) Requirements Analysis
7 5 (7.58%) Strategic Thinking
Programming Languages
1 14 (21.21%) SQL
2 12 (18.18%) Java
3 10 (15.15%) Python
4 2 (3.03%) C
4 2 (3.03%) Scala
5 1 (1.52%) COBOL
Qualifications
1 3 (4.55%) AWS Certification
2 2 (3.03%) AWS Certified Cloud Practitioner
2 2 (3.03%) Computer Science Degree
2 2 (3.03%) Degree
2 2 (3.03%) TOGAF Certification
3 1 (1.52%) AWS Certified Solutions Architect
3 1 (1.52%) CEH
3 1 (1.52%) CISSP
3 1 (1.52%) GIAC
Quality Assurance & Compliance
1 2 (3.03%) COREP
1 2 (3.03%) FINREP
1 2 (3.03%) QA
1 2 (3.03%) Sarbanes-Oxley
2 1 (1.52%) Basel III
2 1 (1.52%) GDPR
2 1 (1.52%) MiFID
2 1 (1.52%) PCI DSS
System Software
1 2 (3.03%) Docker
2 1 (1.52%) VMware Infrastructure
Systems Management
1 2 (3.03%) CA Wily
1 2 (3.03%) Kubernetes
1 2 (3.03%) Terraform
Vendors
1 6 (9.09%) Databricks
2 4 (6.06%) Microsoft
2 4 (6.06%) Virgin Media
3 3 (4.55%) Splunk
4 2 (3.03%) AppDynamics
4 2 (3.03%) BT
4 2 (3.03%) Google
4 2 (3.03%) MuleSoft
4 2 (3.03%) OpenText
4 2 (3.03%) Salesforce
4 2 (3.03%) Sparx
4 2 (3.03%) VMware
5 1 (1.52%) Cognizant
5 1 (1.52%) F5
5 1 (1.52%) HP
5 1 (1.52%) Imperva
5 1 (1.52%) Oracle