Banking Contracts in the South West

Banking
England > South West

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the South West. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 9 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 119 121 82
Rank change year-on-year +2 -39 +9
Contract jobs citing Banking 32 45 102
As % of all contract jobs advertised in the South West 1.01% 1.27% 2.78%
As % of the General category 1.99% 2.59% 5.43%
Number of daily rates quoted 21 37 68
10th Percentile £200 £413 £430
25th Percentile £400 £475 £451
Median daily rate (50th Percentile) £625 £575 £500
Median % change year-on-year +8.70% +15.00% +13.64%
75th Percentile £725 £694 £550
90th Percentile £750 £738 £629
England median daily rate £625 £650 £650
% change year-on-year -3.85% - +13.04%

All General Skills
South West

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 South West with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,611 1,735 1,880
As % of all contract IT jobs advertised in the South West 50.80% 48.93% 51.24%
Number of daily rates quoted 959 1,281 1,309
10th Percentile £213 £275 £228
25th Percentile £410 £413 £406
Median daily rate (50th Percentile) £525 £548 £493
Median % change year-on-year -4.11% +11.17% +6.49%
75th Percentile £625 £638 £588
90th Percentile £700 £713 £675
England median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 269 119 136
10th Percentile £13.69 £17.45 -
25th Percentile £23.63 £36.88 £15.90
Median hourly rate £46.39 £60.00 £43.54
Median % change year-on-year -22.68% +37.82% +8.84%
75th Percentile £70.66 £69.38 £55.69
90th Percentile £77.50 £86.65 £64.50
England median hourly rate £30.27 £32.40 £21.50
% change year-on-year -6.59% +50.70% -4.10%

Banking
Job Vacancy Trend in the South West

Job postings citing Banking as a proportion of all IT jobs advertised in the South West.

Job vacancy trend for Banking in the South West

Banking
Contractor Daily Rate Trend in the South West

3-month moving average daily rate quoted in jobs citing Banking in the South West.

Daily rate trend for Banking in the South West

Banking
Daily Rate Histogram in the South West

Daily rate distribution for jobs citing Banking in the South West over the 6 months to 9 May 2024.

Daily rate histogram for Banking in the South West

Banking
Contractor Hourly Rate Trend in the South West

3-month moving average hourly rates quoted in jobs citing Banking in the South West.

Hourly rate trend for Banking in the South West

Banking
Contract Job Locations in the South West

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the South West region over the 6 months to 9 May 2024. 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
Bristol +9 20 £700 +33.33% 15
Wiltshire -8 6 £550 -20.00% 1
Somerset +3 3 £200 -63.64% 1
Dorset - 1 £400 - 1
Gloucestershire - 1 £400 - 2
Banking
England

Banking
Co-occurring Skills and Capabilities in the South West 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:

Application Platforms
1 4 (12.50%) SharePoint
Applications
1 4 (12.50%) Microsoft Excel
2 1 (3.13%) Spreadsheet
Business Applications
1 1 (3.13%) SAP S/4HANA
Cloud Services
1 4 (12.50%) Azure
1 4 (12.50%) Entra ID
2 2 (6.25%) IaaS
2 2 (6.25%) PaaS
2 2 (6.25%) Power Platform
2 2 (6.25%) SaaS
Communications & Networking
1 2 (6.25%) Firewall
Database & Business Intelligence
1 3 (9.38%) Data Vault
2 2 (6.25%) Power BI
3 1 (3.13%) Apache Cassandra
3 1 (3.13%) CockroachDB
3 1 (3.13%) DB2
3 1 (3.13%) NoSQL
3 1 (3.13%) Oracle Database
3 1 (3.13%) Oracle Database 11g
3 1 (3.13%) SAP HANA
3 1 (3.13%) Tableau
Development Applications
1 1 (3.13%) Android Studio
1 1 (3.13%) Git
General
1 11 (34.38%) Finance
2 10 (31.25%) Social Skills
3 5 (15.63%) Analytical Skills
4 2 (6.25%) Billing
4 2 (6.25%) Investment Banking
5 1 (3.13%) Inclusion and Diversity
5 1 (3.13%) Marketing
Job Titles
1 10 (31.25%) Analyst
2 5 (15.63%) Architect
3 4 (12.50%) Cybersecurity Analyst
3 4 (12.50%) Data Analyst
3 4 (12.50%) Developer
3 4 (12.50%) Security Analyst
3 4 (12.50%) Solutions Architect
4 3 (9.38%) Administrator
4 3 (9.38%) Compliance Analyst
4 3 (9.38%) Data Administrator
4 3 (9.38%) Data Compliance Analyst
4 3 (9.38%) Lead
4 3 (9.38%) Market Analyst
4 3 (9.38%) Market Data Administrator
4 3 (9.38%) Market Data Analyst
4 3 (9.38%) Market Data Support Analyst
4 3 (9.38%) Support Analyst
5 2 (6.25%) Contracts Manager
5 2 (6.25%) Infrastructure Architect
5 2 (6.25%) SOC Analyst
Libraries, Frameworks & Software Standards
1 4 (12.50%) SailPoint
2 2 (6.25%) Middleware
3 1 (3.13%) Android SDK
3 1 (3.13%) JPA
3 1 (3.13%) REST
3 1 (3.13%) RESTful
3 1 (3.13%) Spring
3 1 (3.13%) Spring Boot
3 1 (3.13%) Web Services
Miscellaneous
1 5 (15.63%) Security Posture
2 4 (12.50%) Cyber Threat
3 2 (6.25%) Product Ownership
3 2 (6.25%) Public Cloud
3 2 (6.25%) Security Operations Centre
4 1 (3.13%) Derivative
4 1 (3.13%) Mobile App
4 1 (3.13%) Mobile Banking
Operating Systems
1 3 (9.38%) Linux
1 3 (9.38%) Windows
2 1 (3.13%) Android
2 1 (3.13%) Red Hat Enterprise Linux
2 1 (3.13%) Unix
2 1 (3.13%) zOS
Processes & Methodologies
1 6 (18.75%) Agile
1 6 (18.75%) Cybersecurity
2 5 (15.63%) Cyber Threat Intelligence
2 5 (15.63%) Threat Intelligence
3 4 (12.50%) Application Security
3 4 (12.50%) Change Management
3 4 (12.50%) Decision-Making
3 4 (12.50%) Identity Access Management
3 4 (12.50%) Programme Management
3 4 (12.50%) Remediation Plan
3 4 (12.50%) Supplier Management
3 4 (12.50%) Threat Detection
3 4 (12.50%) Use Case
4 3 (9.38%) Architecture Roadmap
4 3 (9.38%) EAI
4 3 (9.38%) Penetration Testing
4 3 (9.38%) Risk Assessment
4 3 (9.38%) Risk Management
4 3 (9.38%) Stakeholder Management
4 3 (9.38%) TOGAF
Programming Languages
1 4 (12.50%) Kusto Query Language
1 4 (12.50%) Search Processing Language
2 3 (9.38%) Java
2 3 (9.38%) SQL
3 2 (6.25%) Python
4 1 (3.13%) C
4 1 (3.13%) C++
4 1 (3.13%) Data Analysis Expressions
4 1 (3.13%) Kotlin
4 1 (3.13%) Perl
4 1 (3.13%) PL/SQL
4 1 (3.13%) R
4 1 (3.13%) Ruby
4 1 (3.13%) Shell Script
Qualifications
1 3 (9.38%) DV Cleared
1 3 (9.38%) Security Cleared
2 1 (3.13%) CREST Certified
2 1 (3.13%) OSCP
Quality Assurance & Compliance
1 4 (12.50%) QA
1 4 (12.50%) SLA
2 2 (6.25%) GDPR
2 2 (6.25%) NIST
3 1 (3.13%) PCI DSS
System Software
1 4 (12.50%) Active Directory
2 1 (3.13%) Docker
Systems Management
1 3 (9.38%) Thomson Reuters DACS
Vendors
1 9 (28.13%) Microsoft
2 4 (12.50%) CyberArk
2 4 (12.50%) Splunk
3 3 (9.38%) Bloomberg
3 3 (9.38%) Refinitiv
4 1 (3.13%) Alteryx
4 1 (3.13%) IBM
4 1 (3.13%) Oracle
4 1 (3.13%) SAP
4 1 (3.13%) ServiceNow