Period
to 21 November 2017

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 21 November 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.

Financial Institution
UK > Scotland
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 167 170 128
Rank change year-on-year +3 -42 +45
Contract jobs citing Financial Institution 20 11 66
As % of all contract IT jobs advertised in Scotland 0.40% 0.26% 1.07%
As % of the General category 0.91% 0.68% 2.05%
Number of daily rates quoted 9 8 47
Scotland median daily rate £450 £400 £398
Median daily rate % change year-on-year +12.50% +0.63% +13.57%
10th Percentile £346 £344 £313
90th Percentile £545 £550 £493
UK median daily rate £550 £475 £475
% change year-on-year +15.79% - +5.56%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate £15.86 £9.02 £21.01
% change year-on-year +75.93% -57.10% +128.77%

Financial Institution 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 Scotland with a requirement for common skills.

All General Skills
Scotland
Contract vacancies with a requirement for common skills 2193 1621 3222
As % of all contract IT jobs advertised in Scotland 43.63% 37.60% 52.31%
Number of daily rates quoted 1123 886 1555
Scotland median daily rate £400 £400 £375
Median daily rate % change year-on-year - +6.67% -6.25%
10th Percentile £258 £263 £263
90th Percentile £538 £525 £525
UK median daily rate £470 £450 £425
% change year-on-year +4.44% +5.88% -
Number of hourly rates quoted 42 24 61
Scotland median hourly rate £29.40 £29.25 £30.50
Median hourly rate % change year-on-year +0.51% -4.10% +35.56%
10th Percentile £11.30 £9.84 £12.35
90th Percentile £45.50 £41.90 £46.00
UK median hourly rate £25.12 £25.00 £25.00
% change year-on-year +0.48% - +13.64%

Financial Institution
Job Vacancy Trend in Scotland

Job postings citing Financial Institution as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for Financial Institution in Scotland

Financial Institution
Contractor Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Institution in Scotland.

Contractor daily rate trend for Financial Institution in Scotland

Financial Institution
Contractor Daily Rate Histogram in Scotland

The daily rate distribution of IT jobs citing Financial Institution in Scotland over the 6 months to 21 November 2017.

Contractor daily rate histogram for Financial Institution in Scotland

Financial Institution
Contractor Hourly Rate Trend in Scotland

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Financial Institution in Scotland.

Contractor hourly rate trend for Financial Institution in Scotland

Financial Institution
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Institution within the Scotland region over the 6 months to 21 November 2017. 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
Edinburgh -5 12 £450 +12.50% 1
Glasgow -4 8 £400 +77.78%
Financial Institution
UK

For the 6 months to 21 November 2017, IT contractor jobs citing Financial Institution 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 Scotland region with a requirement for Financial Institution.

1 20 (100.00%) Finance
2 8 (40.00%) Agile Software Development
2 8 (40.00%) Banking
2 8 (40.00%) Stakeholder Management
3 7 (35.00%) User Acceptance Testing
4 5 (25.00%) User Stories
5 4 (20.00%) Technical Analysis
5 4 (20.00%) System Integration Testing
5 4 (20.00%) Data Analysis
5 4 (20.00%) Business Analysis
5 4 (20.00%) Wealth Management
5 4 (20.00%) Project Management
6 3 (15.00%) Degree
6 3 (15.00%) Investment Banking
6 3 (15.00%) Stakeholder Engagement
6 3 (15.00%) Analytical Skills
7 2 (10.00%) Dependency Management
7 2 (10.00%) Defect Management
7 2 (10.00%) Case Management
7 2 (10.00%) Test Strategy
7 2 (10.00%) FATCA
7 2 (10.00%) Test Management
7 2 (10.00%) Avaloq
7 2 (10.00%) Wallstreet Suite
7 2 (10.00%) Loan IQ
7 2 (10.00%) Migration
7 2 (10.00%) Murex
7 2 (10.00%) Calypso
8 1 (5.00%) BusinessObjects
8 1 (5.00%) Informatica

Financial Institution
Co-occurring IT Skills in Scotland 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:

Applications
1 1 (5.00%) InVision
1 1 (5.00%) Microsoft Excel
1 1 (5.00%) Microsoft PowerPoint
1 1 (5.00%) Microsoft Project
Business Applications
1 2 (10.00%) Loan IQ
Database & Business Intelligence
1 1 (5.00%) BusinessObjects
Development Applications
1 1 (5.00%) Axure RP
1 1 (5.00%) Git (software)
1 1 (5.00%) JIRA
1 1 (5.00%) Maven
1 1 (5.00%) Selenium
General
1 20 (100.00%) Finance
2 8 (40.00%) Banking
3 3 (15.00%) Investment Banking
4 1 (5.00%) Retail Banking
Job Titles
1 9 (45.00%) Analyst
2 7 (35.00%) Business Analyst
3 4 (20.00%) Test Manager
4 2 (10.00%) Developer
4 2 (10.00%) UAT Analyst
4 2 (10.00%) Wealth Management Business Analyst
5 1 (5.00%) Agile Project Manager
5 1 (5.00%) Business Manager
5 1 (5.00%) Data Protection Manager
5 1 (5.00%) Designer
5 1 (5.00%) Financial Analyst
5 1 (5.00%) Junior Analyst
5 1 (5.00%) Lead Business Analyst
5 1 (5.00%) Pensions Analyst
5 1 (5.00%) Pensions Business Analyst
5 1 (5.00%) SQL Analyst
5 1 (5.00%) Test Analyst
5 1 (5.00%) UAT Manager
5 1 (5.00%) UAT Test Analyst
5 1 (5.00%) UX Designer
Libraries, Frameworks & Software Standards
1 1 (5.00%) CSS
1 1 (5.00%) HTML
Miscellaneous
1 3 (15.00%) Analytical Skills
2 1 (5.00%) User Experience
Processes & Methodologies
1 8 (40.00%) Agile Software Development
1 8 (40.00%) Stakeholder Management
2 7 (35.00%) User Acceptance Testing
3 5 (25.00%) User Stories
4 4 (20.00%) Business Analysis
4 4 (20.00%) Data Analysis
4 4 (20.00%) Project Management
4 4 (20.00%) System Integration Testing
4 4 (20.00%) Technical Analysis
4 4 (20.00%) Wealth Management
5 3 (15.00%) Stakeholder Engagement
6 2 (10.00%) Case Management
6 2 (10.00%) Defect Management
6 2 (10.00%) Dependency Management
6 2 (10.00%) Migration
6 2 (10.00%) Test Management
6 2 (10.00%) Test Strategy
7 1 (5.00%) Contingency Planning
7 1 (5.00%) Functional Testing
7 1 (5.00%) Wireframes
Programming Languages
1 1 (5.00%) C
1 1 (5.00%) Java
1 1 (5.00%) JavaScript
1 1 (5.00%) SQL
Qualifications
1 3 (15.00%) Degree
Quality Assurance & Compliance
1 2 (10.00%) FATCA
2 1 (5.00%) CRD IV
2 1 (5.00%) GDPR
Vendors
1 2 (10.00%) Avaloq
1 2 (10.00%) Calypso
1 2 (10.00%) Murex
1 2 (10.00%) Wallstreet Suite
2 1 (5.00%) Informatica
2 1 (5.00%) Microsoft
2 1 (5.00%) Oracle