Period
to 18 December 2018

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the North East. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 18 December 2018 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.

Banking
England > North East
6 months to
18 Dec 2018
Same period 2017 Same period 2016
Rank 85 82 127
Rank change year-on-year -3 +45 -58
Contract jobs citing Banking 21 17 36
As % of all contract IT jobs advertised in the North East 1.58% 1.39% 1.41%
As % of the General category 9.05% 7.59% 8.93%
Number of daily rates quoted 21 10 25
North East median daily rate £450 £115 £285
Median daily rate % change year-on-year +291.30% -59.65% -35.23%
10th Percentile £158 £115 £103
90th Percentile £675 £828 £555
England median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -
Number of hourly rates quoted 0 0 0
North East median hourly rate - - -
England median hourly rate £18.70 £15.00 £30.00
% change year-on-year +24.67% -50.00% +36.36%

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 the North East with a requirement for common skills.

All General Skills
North East
Contract vacancies with a requirement for common skills 232 224 403
As % of all contract IT jobs advertised in the North East 17.46% 18.35% 15.76%
Number of daily rates quoted 171 141 284
North East median daily rate £400 £350 £394
Median daily rate % change year-on-year +14.29% -11.05% -6.64%
10th Percentile £260 £225 £252
90th Percentile £600 £625 £563
England median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +3.45%
Number of hourly rates quoted 11 4 2
North East median hourly rate £15.90 £29.80 £22.72
Median hourly rate % change year-on-year -46.66% +31.16% +61.13%
10th Percentile £13.00 £15.44 £13.92
90th Percentile £46.00 £102.38 £31.52
England median hourly rate £24.11 £26.61 £23.68
% change year-on-year -9.38% +12.35% -5.28%

Banking
Job Vacancy Trend in the North East

Job postings citing Banking as a percentage of all IT jobs advertised in the North East.

Job vacancy trend for Banking in the North East

Banking
Contractor Daily Rate Trend in the North East

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

Contractor daily rate trend for Banking in the North East

Banking
Contractor Daily Rate Histogram in the North East

The daily rate distribution of IT jobs citing Banking in the North East over the 6 months to 18 December 2018.

Contractor daily rate histogram for Banking in the North East

Banking
Contractor Hourly Rate Trend in the North East

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in the North East.

Contractor hourly rate trend for Banking in the North East

Banking
Contract Job Locations in the North East

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the North East region over the 6 months to 18 December 2018. 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
Tyne and Wear -1 14 £450 +164.71% 9
Durham -8 5 £310 +169.57% 4
Banking
England

For the 6 months to 18 December 2018, IT contractor jobs citing 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 North East region with a requirement for Banking.

1 14 (66.67%) Finance
2 7 (33.33%) Agile Software Development
3 5 (23.81%) SAS
4 4 (19.05%) SQL
4 4 (19.05%) Python
4 4 (19.05%) SPSS
4 4 (19.05%) Statistics
4 4 (19.05%) Degree
4 4 (19.05%) Mathematics
4 4 (19.05%) Physics
4 4 (19.05%) Computer Science
4 4 (19.05%) Validation
4 4 (19.05%) Financial Institution
4 4 (19.05%) Credit Risk
4 4 (19.05%) Stress Testing
4 4 (19.05%) Financial Modelling
4 4 (19.05%) R
4 4 (19.05%) Analytics
4 4 (19.05%) IFRS
4 4 (19.05%) IFRS 9
4 4 (19.05%) Master's Degree
5 3 (14.29%) User-Centered Design (UCD)
5 3 (14.29%) Digital Transformation Programme
5 3 (14.29%) Machine Learning
5 3 (14.29%) Big Data
5 3 (14.29%) User Experience
5 3 (14.29%) Test Automation
5 3 (14.29%) Retail
5 3 (14.29%) JIRA
6 2 (9.52%) Project Management

Banking
Co-occurring IT Skills in the North East 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 5 (23.81%) SAS
2 1 (4.76%) Confluence
2 1 (4.76%) SharePoint
Applications
1 4 (19.05%) SPSS
2 2 (9.52%) Microsoft Office
3 1 (4.76%) Microsoft Excel
3 1 (4.76%) Microsoft PowerPoint
3 1 (4.76%) Microsoft Project
Communications & Networking
1 1 (4.76%) Unified Communications
Database & Business Intelligence
1 3 (14.29%) Big Data
2 1 (4.76%) BusinessObjects
2 1 (4.76%) IBM InfoSphere
Development Applications
1 3 (14.29%) JIRA
2 2 (9.52%) Zephyr
3 1 (4.76%) ERwin
General
1 14 (66.67%) Finance
2 4 (19.05%) Financial Institution
3 3 (14.29%) Retail
4 1 (4.76%) Legal
Job Titles
1 13 (61.90%) Analyst
2 5 (23.81%) Business Analyst
2 5 (23.81%) Senior Analyst
3 3 (14.29%) Agile Business Analyst
3 3 (14.29%) Project Manager
4 2 (9.52%) Banking Analyst
4 2 (9.52%) ITIL Service Analyst
4 2 (9.52%) Qualitative Analyst
4 2 (9.52%) Quantitative Analyst
4 2 (9.52%) Senior Quantitative Analyst
4 2 (9.52%) Test Manager
5 1 (4.76%) 1st Line Support
5 1 (4.76%) Consultant
5 1 (4.76%) Help Desk Analyst
5 1 (4.76%) Operations Manager
5 1 (4.76%) Security Consultant
5 1 (4.76%) Service Analyst
5 1 (4.76%) Solutions Architect
5 1 (4.76%) Support Analyst
5 1 (4.76%) Test Analyst
Miscellaneous
1 4 (19.05%) Credit Risk
2 3 (14.29%) User Experience
3 1 (4.76%) Analytical Skills
3 1 (4.76%) SWIFT
Operating Systems
1 1 (4.76%) Linux
1 1 (4.76%) Unix
Processes & Methodologies
1 7 (33.33%) Agile Software Development
2 4 (19.05%) Analytics
2 4 (19.05%) Computer Science
2 4 (19.05%) Financial Modelling
2 4 (19.05%) Mathematics
2 4 (19.05%) Physics
2 4 (19.05%) Statistics
2 4 (19.05%) Stress Testing
2 4 (19.05%) Validation
3 3 (14.29%) Digital Transformation Programme
3 3 (14.29%) Machine Learning
3 3 (14.29%) Test Automation
3 3 (14.29%) User-Centered Design (UCD)
4 2 (9.52%) ITSM
4 2 (9.52%) Project Management
4 2 (9.52%) Service Management
4 2 (9.52%) Stakeholder Management
4 2 (9.52%) Test Management
4 2 (9.52%) Test Scripting
4 2 (9.52%) Waterfall
Programming Languages
1 4 (19.05%) Python
1 4 (19.05%) R
1 4 (19.05%) SQL
2 1 (4.76%) Java
Qualifications
1 4 (19.05%) Degree
1 4 (19.05%) Master's Degree
Quality Assurance & Compliance
1 4 (19.05%) IFRS
1 4 (19.05%) IFRS 9
2 2 (9.52%) PSD2
3 1 (4.76%) Data Quality
3 1 (4.76%) ISO/IEC 27001
3 1 (4.76%) QA
3 1 (4.76%) SEPA
3 1 (4.76%) SLA
Systems Management
1 2 (9.52%) HP Quality Center
2 1 (4.76%) HP ALM
Vendors
1 2 (9.52%) Microsoft
1 2 (9.52%) ServiceNow
2 1 (4.76%) Avaya
2 1 (4.76%) Cisco
2 1 (4.76%) FIS
2 1 (4.76%) HP
2 1 (4.76%) Trillium
2 1 (4.76%) WorldPay