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

Retail Banking
England / North West
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 121 148 105
Rank change year-on-year +27 -43  
Contract jobs citing Retail Banking 21 17 45
As % of all contract IT jobs advertised in the North West 0.71% 0.45% 1.22%
As % of the General category 2.19% 1.38% 3.44%
Number of daily rates quoted 16 14 37
Median daily rate £450 £365 £450
Median daily rate % change year-on-year +23.28% -18.88%  
90% offered a daily rate of more than £375 £294 £366
10% offered a daily rate of more than £500 £494 £500
UK excluding London median daily rate £388 £400 £400
% change year-on-year -3.12% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Retail 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 the North West with a requirement for common skills.

General Skills
North West
Contract job vacancies with a requirement for common skills 957 1236 1308
As % of all contract IT job vacancies advertised in the North West 32.46% 32.95% 35.43%
Number of daily rates quoted 566 791 737
Median daily rate £420 £400 £400
Median daily rate % change year-on-year +5.00% -  
90% offered a daily rate of more than £250 £275 £283
10% offered a daily rate of more than £525 £550 £525
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 50 40 38
Median hourly rate £22.00 £20.50 £15.98
Median hourly rate % change year-on-year +7.31% +28.32%  
90% offered a hourly rate of more than £12.75 £13.50 £14.00
10% offered a hourly rate of more than £53.00 £42.73 £47.58
UK excluding London median hourly rate £30.00 £25.00 £22.50
% change year-on-year +20.00% +11.11%  

Retail Banking
Job Vacancy Trend in the North West

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

Job vacancy trend for Retail Banking in the North West

Retail Banking
Contractor Daily Rate Trend in the North West

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

Contractor daily rate trend for Retail Banking in the North West

Retail Banking
Contractor Daily Rate Histogram in the North West

The daily rate distribution of IT jobs citing Retail Banking in the North West over the 3 months to 26 June 2017.

Contractor daily rate histogram for Retail Banking in the North West

Retail Banking
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 Retail Banking in the North West.

Contractor hourly rate trend for Retail Banking in the North West

Retail Banking
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 Retail Banking within the North West region over the 3 months to 26 June 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
Cheshire +27 8 £463 +24.16% 1
Manchester +9 5 £375 +7.14%
Lancashire - 2 £444 -
Retail Banking
England

For the 6 months to 26 June 2017, IT contractor jobs citing Retail 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 North West region with a requirement for Retail Banking.

1 40 (100.00%) Banking
1 40 (100.00%) Retail
2 22 (55.00%) Finance
3 18 (45.00%) Agile Software Development
4 9 (22.50%) Stakeholder Management
5 7 (17.50%) Analytical Skills
6 5 (12.50%) SQL
6 5 (12.50%) Degree
6 5 (12.50%) Waterfall
6 5 (12.50%) Cybersecurity
7 4 (10.00%) Translating Business Requirements
7 4 (10.00%) Time Management
7 4 (10.00%) Migration
7 4 (10.00%) Scrum
8 3 (7.50%) ISEB
8 3 (7.50%) Data Mapping
8 3 (7.50%) Hadoop
8 3 (7.50%) Visualisation
8 3 (7.50%) Credit Risk
8 3 (7.50%) Test Scripting
8 3 (7.50%) Manual Testing
8 3 (7.50%) IFRS
8 3 (7.50%) IFRS 9
8 3 (7.50%) Dashboard Development
8 3 (7.50%) Splunk
8 3 (7.50%) Office 365
8 3 (7.50%) Big Data
8 3 (7.50%) Credit Risk Modelling
8 3 (7.50%) User Stories
9 2 (5.00%) Business Transformation

Retail Banking
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 (2.50%) SAS
Applications
1 2 (5.00%) Microsoft Excel
1 2 (5.00%) Microsoft PowerPoint
2 1 (2.50%) Microsoft Office
2 1 (2.50%) Microsoft Project
Cloud Services
1 3 (7.50%) Office 365
Database & Business Intelligence
1 3 (7.50%) Big Data
1 3 (7.50%) Hadoop
2 2 (5.00%) DB2
Development Applications
1 2 (5.00%) Git (software)
1 2 (5.00%) Jenkins
1 2 (5.00%) JIRA
General
1 40 (100.00%) Banking
1 40 (100.00%) Retail
2 22 (55.00%) Finance
Job Titles
1 12 (30.00%) Analyst
2 9 (22.50%) Business Analyst
2 9 (22.50%) Project Manager
3 8 (20.00%) Architect
3 8 (20.00%) Banking Analyst
4 6 (15.00%) Banking Business Analyst
4 6 (15.00%) Solutions Architect
5 4 (10.00%) Credit Analyst
5 4 (10.00%) Retail Banking Project Manager
6 3 (7.50%) Big Data Engineer
6 3 (7.50%) Dashboard Engineer
6 3 (7.50%) Splunk Engineer
6 3 (7.50%) Test Analyst
7 2 (5.00%) Business Integration Analyst
7 2 (5.00%) Business Solution Architect
7 2 (5.00%) Credit Risk Analyst
7 2 (5.00%) Data Architect
7 2 (5.00%) Integration Analyst
7 2 (5.00%) IT Architect
7 2 (5.00%) Risk Analyst
Miscellaneous
1 7 (17.50%) Analytical Skills
2 3 (7.50%) Credit Risk
Operating Systems
1 2 (5.00%) Unix
Processes & Methodologies
1 18 (45.00%) Agile Software Development
2 9 (22.50%) Stakeholder Management
3 5 (12.50%) Cybersecurity
3 5 (12.50%) Waterfall
4 4 (10.00%) Migration
4 4 (10.00%) Scrum
4 4 (10.00%) Time Management
4 4 (10.00%) Translating Business Requirements
5 3 (7.50%) Credit Risk Modelling
5 3 (7.50%) Dashboard Development
5 3 (7.50%) Data Mapping
5 3 (7.50%) Manual Testing
5 3 (7.50%) Test Scripting
5 3 (7.50%) User Stories
5 3 (7.50%) Visualisation
6 2 (5.00%) Analytics
6 2 (5.00%) Business Transformation
6 2 (5.00%) Data Migration
6 2 (5.00%) DevOps
6 2 (5.00%) Risk Analytics
Programming Languages
1 5 (12.50%) SQL
2 2 (5.00%) AWK
2 2 (5.00%) Korn
2 2 (5.00%) sed
3 1 (2.50%) R
Qualifications
1 5 (12.50%) Degree
2 3 (7.50%) ISEB
Quality Assurance & Compliance
1 3 (7.50%) IFRS
1 3 (7.50%) IFRS 9
2 1 (2.50%) GDPR
2 1 (2.50%) IAS 39
2 1 (2.50%) PMO
Systems Management
1 1 (2.50%) HP Quality Center
Vendors
1 3 (7.50%) Splunk
2 1 (2.50%) Microsoft