Financial Institution Contracts in Scotland

Financial Institution
UK > Scotland

The table below looks at the prevalence of the term Financial Institution in contract job vacancies in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Financial Institution over the 6 months leading up to 2 May 2025, comparing them to the same period in the previous two years.

6 months to
2 May 2025
Same period 2024 Same period 2023
Rank 94 116 155
Rank change year-on-year +22 +39 +9
Contract jobs citing Financial Institution 23 14 13
As % of all contract jobs advertised in Scotland 1.41% 0.63% 0.46%
As % of the General category 1.96% 0.97% 0.69%
Number of daily rates quoted 17 12 7
10th Percentile £364 £475 £453
25th Percentile £400 £480 £532
Median daily rate (50th Percentile) £475 £750 £550
Median % change year-on-year -36.67% +36.36% +29.41%
75th Percentile £623 - £603
90th Percentile £719 - £679
UK median daily rate £620 £600 £600
% change year-on-year +3.33% - -

All General Skills
Scotland

Financial Institution 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 Scotland.

Contract vacancies with a requirement for common skills 1,176 1,442 1,885
As % of all contract IT jobs advertised in Scotland 71.97% 65.07% 66.09%
Number of daily rates quoted 716 863 1,389
10th Percentile £242 £181 £235
25th Percentile £370 £361 £406
Median daily rate (50th Percentile) £463 £475 £475
Median % change year-on-year -2.53% - +3.83%
75th Percentile £550 £588 £573
90th Percentile £611 £675 £650
UK median daily rate £525 £525 £550
% change year-on-year - -4.55% +2.80%
Number of hourly rates quoted 34 75 29
10th Percentile £16.02 £12.30 £12.75
25th Percentile £18.52 £15.55 £15.99
Median hourly rate £22.44 £18.27 £18.50
Median % change year-on-year +22.81% -1.24% -28.85%
75th Percentile £28.22 £57.50 £58.75
90th Percentile £55.74 £68.00 £66.75
UK median hourly rate £27.50 £30.00 £35.00
% change year-on-year -8.33% -14.29% +59.31%

Financial Institution
Job Vacancy Trend in Scotland

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

Job vacancy trend for Financial Institution in Scotland

Financial Institution
Contractor Daily Rate Trend in Scotland

3-month moving average daily rate quoted in jobs citing Financial Institution in Scotland.

Daily rate trend for Financial Institution in Scotland

Financial Institution
Daily Rate Histogram in Scotland

Daily rate distribution for jobs citing Financial Institution in Scotland over the 6 months to 2 May 2025.

Daily rate histogram for Financial Institution in Scotland

Financial Institution
Contractor Hourly Rate Trend in Scotland

3-month moving average hourly rates quoted in jobs citing Financial Institution in Scotland.

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 2 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
Glasgow +1 18 £445 -40.67% 5
Edinburgh - 4 £713 - 12
Financial Institution
UK

Financial Institution
Co-occurring Skills and Capabilities in Scotland 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:

Cloud Services
1 4 (17.39%) AWS
1 4 (17.39%) Azure
2 3 (13.04%) Cloud Computing
3 1 (4.35%) IaaS
Communications & Networking
1 1 (4.35%) DHCP
1 1 (4.35%) DNS
1 1 (4.35%) Network Security
Database & Business Intelligence
1 3 (13.04%) DB2
1 3 (13.04%) MongoDB
1 3 (13.04%) Relational Database
Development Applications
1 3 (13.04%) JUnit
2 2 (8.70%) JIRA
General
1 23 (100.00%) Finance
2 11 (47.83%) Social Skills
3 10 (43.48%) Banking
4 5 (21.74%) Analytical Skills
5 3 (13.04%) Front Office
6 1 (4.35%) Retail
6 1 (4.35%) Retail Banking
6 1 (4.35%) Retail Finance
Job Titles
1 11 (47.83%) Developer
2 8 (34.78%) Java Developer
3 5 (21.74%) Senior
4 4 (17.39%) Programme Manager
5 3 (13.04%) Architect
5 3 (13.04%) Migration Manager
5 3 (13.04%) Senior Architect
5 3 (13.04%) Senior Solutions Architect
5 3 (13.04%) Solutions Architect
6 2 (8.70%) Data Engineer
6 2 (8.70%) Database Developer
6 2 (8.70%) Python Data Engineer
6 2 (8.70%) Python Developer
6 2 (8.70%) Python Engineer
6 2 (8.70%) Technical Manager
7 1 (4.35%) Delivery Manager
7 1 (4.35%) Implementation Manager
7 1 (4.35%) Senior Java Developer
7 1 (4.35%) Senior Manager
7 1 (4.35%) Senior Programme Manager
Libraries, Frameworks & Software Standards
1 9 (39.13%) Spring
2 6 (26.09%) Spring Boot
3 5 (21.74%) Kafka
4 3 (13.04%) JMS
5 2 (8.70%) Middleware
5 2 (8.70%) PySpark
5 2 (8.70%) REST
5 2 (8.70%) SOAP
5 2 (8.70%) XML
Miscellaneous
1 4 (17.39%) Distributed Systems
2 3 (13.04%) Cloud Native
2 3 (13.04%) Data Structures
2 3 (13.04%) Equities
3 2 (8.70%) SWIFT Messaging Network
4 1 (4.35%) Data Protection Act
4 1 (4.35%) Product Ownership
4 1 (4.35%) Virtual Team
Operating Systems
1 3 (13.04%) Linux
Processes & Methodologies
1 8 (34.78%) Agile
2 7 (30.43%) Problem-Solving
2 7 (30.43%) Software Engineering
3 6 (26.09%) CI/CD
4 5 (21.74%) Data Security
4 5 (21.74%) Project Delivery
4 5 (21.74%) SDLC
5 4 (17.39%) Migration
5 4 (17.39%) Process Improvement
6 3 (13.04%) Architectural Patterns
6 3 (13.04%) Artificial Intelligence
6 3 (13.04%) Community of Practice
6 3 (13.04%) Decision-Making
6 3 (13.04%) Enterprise Architecture
6 3 (13.04%) Event-Driven
6 3 (13.04%) Open Source
6 3 (13.04%) Programme Delivery
6 3 (13.04%) Waterfall
7 2 (8.70%) Continuous Integration
7 2 (8.70%) Test Automation
Programming Languages
1 12 (52.17%) Java
2 7 (30.43%) Python
3 3 (13.04%) SQL
4 1 (4.35%) Perl
4 1 (4.35%) Shell Script
Qualifications
1 3 (13.04%) AWS Certification
1 3 (13.04%) AWS Certified Solutions Architect
1 3 (13.04%) Azure Certification
2 1 (4.35%) Computer Science Degree
2 1 (4.35%) Degree
Quality Assurance & Compliance
1 2 (8.70%) ISO 20022
1 2 (8.70%) QA
2 1 (4.35%) Data Quality
System Software
1 1 (4.35%) Virtual Servers
Systems Management
1 4 (17.39%) Terraform
Vendors
1 3 (13.04%) Sybase
2 2 (8.70%) Microsoft
2 2 (8.70%) ServiceNow
3 1 (4.35%) Cisco
3 1 (4.35%) Juniper