Period
to 27 May 2018

The median contractor rate for a Banking Analyst was £375 per day in advertised job vacancies in the North West during the 6 months to 27 May 2018.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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 Analyst
England > North West
6 months to
27 May 2018
Same period 2017 Same period 2016
Rank 201 166 212
Rank change year-on-year -35 +46 -38
Contract jobs requiring a Banking Analyst 10 33 30
As % of all contract IT jobs advertised in the North West 0.17% 0.60% 0.39%
As % of the Job Titles category 0.18% 0.64% 0.41%
Number of daily rates quoted 7 27 28
North West median daily rate £375 £400 £350
Median daily rate % change year-on-year -6.25% +14.29% -5.08%
10th Percentile £342 £285 £264
90th Percentile £435 £503 £466
England median daily rate £450 £450 £425
% change year-on-year - +5.88% -5.56%
Number of hourly rates quoted 0 0 0
North West median hourly rate - - -
England median hourly rate £24.00 - £112.50

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the North West. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
North West
Contract vacancies in the North West with a recognized job title 5,564 5,193 7,343
% of contract IT jobs with a recognized job title 95.29% 94.80% 94.94%
Number of daily rates quoted 3,458 3,165 4,399
North West median daily rate £400 £388 £399
Median daily rate % change year-on-year +3.23% -2.88% +6.40%
10th Percentile £238 £220 £238
90th Percentile £575 £550 £550
England median daily rate £450 £430 £425
% change year-on-year +4.65% +1.18% +6.25%
Number of hourly rates quoted 304 282 322
North West median hourly rate £17.88 £19.75 £21.00
Median hourly rate % change year-on-year -9.47% -5.95% +16.67%
10th Percentile £11.35 £11.00 £12.00
90th Percentile £49.63 £51.35 £47.39
England median hourly rate £18.51 £19.00 £19.50
% change year-on-year -2.61% -2.56% +11.43%

Banking Analyst
Job Vacancy Trend in the North West

Job postings that featured Banking Analyst in the job title as a percentage of all IT jobs advertised in the North West.

Job vacancy trend for Banking Analyst in the North West

Banking Analyst
Contractor Daily Rate Trend in the North West

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

Contractor daily rate trend for Banking Analyst in the North West

Banking Analyst
Contractor Daily Rate Histogram in the North West

The daily rate distribution of IT jobs citing Banking Analyst in the North West over the 6 months to 27 May 2018.

Contractor daily rate histogram for Banking Analyst in the North West

Banking Analyst
Contractor Hourly Rate Trend in the North West

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

Contractor hourly rate trend for Banking Analyst in the North West

Banking Analyst
Contract Job Locations in the North West

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Analyst within the North West region over the 6 months to 27 May 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
Cheshire -24 5 £342 -14.50%
Manchester -26 3 £450 +26.32%
Merseyside +17 2 £425 -
Banking Analyst
England

Banking Analyst Skill Set
Top 30 Co-occurring IT Skills in the North West

For the 6 months to 27 May 2018, Banking Analyst contract jobs required the following IT 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 West region featuring Banking Analyst in the job title.

1 10 (100.00%) Banking
2 3 (30.00%) Retail Banking
2 3 (30.00%) Finance
3 2 (20.00%) Migration
3 2 (20.00%) Project Management
3 2 (20.00%) Change Management
3 2 (20.00%) Analytical Skills
4 1 (10.00%) HipChat
4 1 (10.00%) Application Discovery
4 1 (10.00%) Translating Business Requirements
4 1 (10.00%) Anti-Money Laundering
4 1 (10.00%) Workflow Analysis
4 1 (10.00%) Fintech
4 1 (10.00%) Case Management
4 1 (10.00%) Behavioural Analytics
4 1 (10.00%) Anaconda
4 1 (10.00%) Private Banking
4 1 (10.00%) Project Planning
4 1 (10.00%) MiFID
4 1 (10.00%) JIRA
4 1 (10.00%) QA
4 1 (10.00%) Wealth Management
4 1 (10.00%) Use Case
4 1 (10.00%) Atlassian
4 1 (10.00%) User Acceptance Testing
4 1 (10.00%) Test Scripting
4 1 (10.00%) BPMN
4 1 (10.00%) Data Migration
4 1 (10.00%) Hadoop
4 1 (10.00%) Confluence

Banking Analyst Skill Set
Co-occurring IT Skills in the North West 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 1 (10.00%) Confluence
1 1 (10.00%) SharePoint
Applications
1 1 (10.00%) HipChat
Communications & Networking
1 1 (10.00%) SMS
Database & Business Intelligence
1 1 (10.00%) Big Data
1 1 (10.00%) Hadoop
Development Applications
1 1 (10.00%) JIRA
General
1 10 (100.00%) Banking
2 3 (30.00%) Finance
2 3 (30.00%) Retail Banking
3 1 (10.00%) Games
3 1 (10.00%) Legal
3 1 (10.00%) Private Banking
Libraries, Frameworks & Software Standards
1 1 (10.00%) Anaconda
Miscellaneous
1 2 (20.00%) Analytical Skills
2 1 (10.00%) Fintech
2 1 (10.00%) Foreign Exchange (FX)
Processes & Methodologies
1 2 (20.00%) Change Management
1 2 (20.00%) Migration
1 2 (20.00%) Project Management
2 1 (10.00%) Agile Software Development
2 1 (10.00%) Analytics
2 1 (10.00%) Anti-Money Laundering
2 1 (10.00%) Application Discovery
2 1 (10.00%) Business Analysis
2 1 (10.00%) Business Intelligence
2 1 (10.00%) CRM
2 1 (10.00%) Cybersecurity
2 1 (10.00%) Incident Management
2 1 (10.00%) Scrum
2 1 (10.00%) SIEM
2 1 (10.00%) Stakeholder Management
2 1 (10.00%) Translating Business Requirements
2 1 (10.00%) UML
2 1 (10.00%) User Stories
2 1 (10.00%) Workflow
2 1 (10.00%) Workflow Analysis
Programming Languages
1 1 (10.00%) Python
Quality Assurance & Compliance
1 1 (10.00%) MiFID
1 1 (10.00%) QA
Systems Management
1 1 (10.00%) McAfee ePO
Vendors
1 1 (10.00%) Atlassian
1 1 (10.00%) Cloudera
1 1 (10.00%) IBM
1 1 (10.00%) McAfee
1 1 (10.00%) ServiceNow
1 1 (10.00%) Splunk
1 1 (10.00%) Symantec