Period
to 23 November 2017

The median contractor rate for a Banking Analyst was £425 per day in advertised job vacancies during the 6 months to 23 November 2017.

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
UK
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 354 431 249
Rank change year-on-year +77 -182 +101
Contract jobs requiring a Banking Analyst 703 554 1141
As % of all contract IT jobs advertised in the UK 0.68% 0.53% 1.00%
As % of the Job Titles category 0.72% 0.56% 1.06%
Number of daily rates quoted 517 389 861
UK median daily rate £425 £450 £423
Median daily rate % change year-on-year -5.56% +6.38% -0.47%
10th Percentile £250 £300 £288
90th Percentile £625 £632 £588
UK excluding London median daily rate £342 £350 £378
% change year-on-year -2.29% -7.41% -0.53%
Number of hourly rates quoted 1 0 0
UK median hourly rate £17.50 - -
UK excluding London median hourly rate £17.50 - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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
UK
Contract vacancies in the UK with a recognized job title 97742 99747 107875
% of contract IT jobs with a recognized job title 94.80% 94.76% 94.91%
Number of daily rates quoted 64508 65028 68632
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +3.45%
Number of hourly rates quoted 2923 3319 4120
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.89% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.50 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Banking Analyst
Job Vacancy Trend

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

Job vacancy trend for Banking Analyst in the UK

Banking Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Banking Analyst in the UK

Banking Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Banking Analyst over the 6 months to 23 November 2017.

Contractor daily rate histogram for Banking Analyst in the UK

Banking Analyst
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Banking Analyst in the UK

Banking Analyst
Top 14 Contract Locations

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 UK over the 6 months to 23 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
England +74 648 £425 -5.56% 29
London +13 466 £475 - 25
UK excluding London +99 235 £342 -2.29% 6
South West +60 80 £328 +1.55% 1
North of England +77 54 £346 -7.73% 1
Scotland +6 40 £290 -17.14% 2
North West +28 30 £350 -8.20% 1
South East -5 25 £375 -9.09%
Yorkshire +31 24 £342 -2.22%
Midlands +13 22 £342 -5.66% 2
West Midlands +33 14 £275 -1.79% 1
Northern Ireland -34 8 £338 +25.00%
Wales +18 6 £368 -9.26%
East Midlands -22 5 £450 +16.13% 1

Banking Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 23 November 2017, Banking Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Banking Analyst in the job title.

1 703 (100.00%) Banking
2 342 (48.65%) Finance
3 176 (25.04%) Agile Software Development
4 175 (24.89%) Investment Banking
5 163 (23.19%) Retail Banking
5 163 (23.19%) Business Analysis
6 157 (22.33%) SQL
7 141 (20.06%) Stakeholder Management
8 80 (11.38%) Test Scripting
9 76 (10.81%) User Acceptance Testing
10 70 (9.96%) Data Analysis
10 70 (9.96%) Analytical Skills
11 65 (9.25%) Front Office
12 61 (8.68%) Migration
13 60 (8.53%) Fixed Income
14 59 (8.39%) Windows
15 57 (8.11%) Scenario Testing
16 55 (7.82%) Microsoft Excel
17 51 (7.25%) Microsoft
17 51 (7.25%) Equities
18 48 (6.83%) Change Management
19 43 (6.12%) Market Risk
19 43 (6.12%) Test Automation
20 42 (5.97%) Active Directory
21 41 (5.83%) QA
22 39 (5.55%) Scrum
22 39 (5.55%) GDPR
23 38 (5.41%) Analytics
23 38 (5.41%) Data Modelling
24 37 (5.26%) MiFID

Banking Analyst Skill Set
Co-occurring IT Skills 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 17 (2.42%) SAS
2 16 (2.28%) SharePoint
3 11 (1.56%) MS Exchange
4 10 (1.42%) Exchange Server 2010
4 10 (1.42%) Exchange Server 2013
5 5 (0.71%) BizTalk Server
5 5 (0.71%) Confluence
5 5 (0.71%) IIS
5 5 (0.71%) Skype for Business
6 3 (0.43%) Apache Pig
7 2 (0.28%) Apache
7 2 (0.28%) Apache Spark
7 2 (0.28%) CICS
7 2 (0.28%) Elasticsearch
7 2 (0.28%) Oracle Workflow
7 2 (0.28%) Tomcat
7 2 (0.28%) WebSphere
8 1 (0.14%) CMS
8 1 (0.14%) Exchange Server 2003
8 1 (0.14%) Exchange Server 2007
Applications
1 55 (7.82%) Microsoft Excel
2 29 (4.13%) Microsoft Office
3 18 (2.56%) MS Visio
4 17 (2.42%) Microsoft PowerPoint
5 11 (1.56%) Microsoft Project
6 2 (0.28%) Spreadsheet
6 2 (0.28%) SPSS
7 1 (0.14%) InfoPath
Business Applications
1 11 (1.56%) Dynamics CRM
2 7 (1.00%) ION MarketView
2 7 (1.00%) Temenos T24
3 4 (0.57%) SAP HR
3 4 (0.57%) Temenos Globus
4 2 (0.28%) Algo Collateral
4 2 (0.28%) Bloomberg TOMS
4 2 (0.28%) Salerio
4 2 (0.28%) Summit
4 2 (0.28%) WebTrends
5 1 (0.14%) Cognos Business Intelligence
5 1 (0.14%) NetSuite
5 1 (0.14%) RMDS
5 1 (0.14%) SAP HCM
5 1 (0.14%) thinkFolio
5 1 (0.14%) VisionPLUS
Cloud Services
1 15 (2.13%) Office 365
2 14 (1.99%) Microsoft Azure
3 9 (1.28%) Azure Active Directory
4 5 (0.71%) Yammer
5 3 (0.43%) IBM Blueworks
6 2 (0.28%) Amazon AWS
6 2 (0.28%) Google Analytics
6 2 (0.28%) OpenDNS
7 1 (0.14%) Bluemix
7 1 (0.14%) IBM Cloud
7 1 (0.14%) OpenShift
7 1 (0.14%) SaaS
7 1 (0.14%) SuccessFactors
Communications & Networking
1 13 (1.85%) Internet
2 7 (1.00%) DNS
3 6 (0.85%) SAN
3 6 (0.85%) TCP/IP
4 5 (0.71%) SMS
5 4 (0.57%) ATM
5 4 (0.57%) DHCP
5 4 (0.57%) Firewall
6 3 (0.43%) Network Security
6 3 (0.43%) VSAN
7 2 (0.28%) HTTP
7 2 (0.28%) Intranet
7 2 (0.28%) Intrusion Detection
7 2 (0.28%) Kerberos
7 2 (0.28%) LAN
8 1 (0.14%) WAN
Database & Business Intelligence
1 30 (4.27%) Data Warehouse
2 24 (3.41%) SQL Server
3 14 (1.99%) Big Data
4 13 (1.85%) Hadoop
4 13 (1.85%) QlikView
5 8 (1.14%) Power BI
6 6 (0.85%) DB2
6 6 (0.85%) PowerPivot
7 5 (0.71%) SQL Server Integration Services
8 4 (0.57%) BusinessObjects
8 4 (0.57%) Data Lake
8 4 (0.57%) Data Mining
8 4 (0.57%) MS Access
8 4 (0.57%) Oracle Database
8 4 (0.57%) SQL Server Reporting Services
9 3 (0.43%) Blockchain
9 3 (0.43%) MongoDB
9 3 (0.43%) Oracle Database 11g
9 3 (0.43%) Relational Database
10 2 (0.28%) Star Schema
Development Applications
1 31 (4.41%) JIRA
2 13 (1.85%) Cucumber
3 10 (1.42%) Selenium
4 8 (1.14%) HP UFT
5 7 (1.00%) TeamCity
6 6 (0.85%) Jenkins
6 6 (0.85%) Maven
7 5 (0.71%) IntelliJ
7 5 (0.71%) SpecFlow
8 3 (0.43%) Gerrit
8 3 (0.43%) Git (software)
8 3 (0.43%) Zephyr
9 2 (0.28%) CruiseControl
9 2 (0.28%) JIRA Agile
9 2 (0.28%) LoadRunner
9 2 (0.28%) Metasploit
9 2 (0.28%) Oracle APEX
9 2 (0.28%) SoapUI
9 2 (0.28%) WebDriver
10 1 (0.14%) Toad
General
1 703 (100.00%) Banking
2 342 (48.65%) Finance
3 175 (24.89%) Investment Banking
4 163 (23.19%) Retail Banking
5 65 (9.25%) Front Office
6 25 (3.56%) International Banking
7 24 (3.41%) Private Banking
8 23 (3.27%) Retail
9 18 (2.56%) Marketing
10 17 (2.42%) Legal
11 11 (1.56%) Back Office
12 6 (0.85%) Financial Institution
13 4 (0.57%) Telecoms
14 3 (0.43%) Corporate Banking
14 3 (0.43%) Wholesale Banking
15 2 (0.28%) General Ledger
15 2 (0.28%) Japanese Language
15 2 (0.28%) Prime Brokerage
16 1 (0.14%) Billing
16 1 (0.14%) Electronics
Libraries, Frameworks & Software Standards
1 24 (3.41%) XML
2 13 (1.85%) FpML
3 11 (1.56%) HTML
3 11 (1.56%) XSD
3 11 (1.56%) XSLT
4 7 (1.00%) FIX Protocol
4 7 (1.00%) Gherkin
5 5 (0.71%) .NET
5 5 (0.71%) REST
6 4 (0.57%) Ajax
6 4 (0.57%) JSON
6 4 (0.57%) SOAP
7 3 (0.43%) CSS
7 3 (0.43%) HTML5
7 3 (0.43%) Web Services
8 2 (0.28%) Elastic Stack
8 2 (0.28%) Middleware
8 2 (0.28%) RESTful
8 2 (0.28%) Spring
8 2 (0.28%) XHTML
Miscellaneous
1 70 (9.96%) Analytical Skills
2 60 (8.53%) Fixed Income
3 51 (7.25%) Equities
4 43 (6.12%) Market Risk
5 34 (4.84%) Foreign Exchange (FX)
6 32 (4.55%) Derivative
7 28 (3.98%) Credit Risk
8 16 (2.28%) Management Information System
9 13 (1.85%) Mainframe
9 13 (1.85%) SWIFT
10 12 (1.71%) Data Centre
11 9 (1.28%) Greenfield Project
12 7 (1.00%) Fat Client
12 7 (1.00%) Thin Client
12 7 (1.00%) User Experience
13 6 (0.85%) Data Structures
13 6 (0.85%) Fintech
13 6 (0.85%) OTC Derivatives
13 6 (0.85%) Reference Data
13 6 (0.85%) Virtual Team
Operating Systems
1 59 (8.39%) Windows
2 33 (4.69%) Unix
3 27 (3.84%) Windows Server
4 15 (2.13%) Linux
5 13 (1.85%) Windows Server 2012
6 4 (0.57%) Windows Server 2003
7 1 (0.14%) HPUX
7 1 (0.14%) NetWare
7 1 (0.14%) Windows NT
Processes & Methodologies
1 176 (25.04%) Agile Software Development
2 163 (23.19%) Business Analysis
3 141 (20.06%) Stakeholder Management
4 80 (11.38%) Test Scripting
5 76 (10.81%) User Acceptance Testing
6 70 (9.96%) Data Analysis
7 61 (8.68%) Migration
8 57 (8.11%) Scenario Testing
9 48 (6.83%) Change Management
10 43 (6.12%) Test Automation
11 39 (5.55%) Scrum
12 38 (5.41%) Analytics
12 38 (5.41%) Data Modelling
13 36 (5.12%) Project Management
14 34 (4.84%) Target Operating Model
15 32 (4.55%) GAP Analysis
16 31 (4.41%) CRM
16 31 (4.41%) User Stories
17 29 (4.13%) ITIL
18 27 (3.84%) Waterfall
Programming Languages
1 157 (22.33%) SQL
2 37 (5.26%) Python
3 35 (4.98%) Java
4 28 (3.98%) C#
5 27 (3.84%) C++
5 27 (3.84%) VBA
6 16 (2.28%) R
7 15 (2.13%) PowerShell
8 11 (1.56%) XPath
9 9 (1.28%) JavaScript
9 9 (1.28%) Perl
10 8 (1.14%) VB
11 5 (0.71%) PL/SQL
11 5 (0.71%) Shell Script
12 4 (0.57%) Bash Shell
12 4 (0.57%) PHP
13 3 (0.43%) Scala
14 2 (0.28%) C
14 2 (0.28%) COBOL
14 2 (0.28%) T-SQL
Qualifications
1 32 (4.55%) ISEB
2 23 (3.27%) Degree
3 18 (2.56%) ISTQB
4 17 (2.42%) ITIL Certification
5 12 (1.71%) Master's Degree
6 5 (0.71%) CFA
6 5 (0.71%) MBA
6 5 (0.71%) Numerate Degree
7 4 (0.57%) PMP
8 3 (0.43%) PMI Certification
9 2 (0.28%) ACCA
9 2 (0.28%) CCA
9 2 (0.28%) CIMA
9 2 (0.28%) CISA
9 2 (0.28%) ISTQB Foundation Certification
10 1 (0.14%) CISM
10 1 (0.14%) CISSP
10 1 (0.14%) Computer Science Degree
10 1 (0.14%) CRISC
10 1 (0.14%) Microsoft Certification
Quality Assurance & Compliance
1 41 (5.83%) QA
2 39 (5.55%) GDPR
3 37 (5.26%) MiFID
4 24 (3.41%) PMO
5 20 (2.84%) SLA
6 18 (2.56%) ISO 9001
7 17 (2.42%) ISO/IEC 20000
8 11 (1.56%) Data Quality
9 8 (1.14%) EMIR
10 7 (1.00%) Dodd-Frank
11 6 (0.85%) SEPA
12 5 (0.71%) Basel III
12 5 (0.71%) IFRS
12 5 (0.71%) IFRS 9
12 5 (0.71%) PSD2
13 4 (0.57%) ISO 8583
13 4 (0.57%) ISO/IEC 27001
14 2 (0.28%) FATCA
14 2 (0.28%) Sarbanes-Oxley
15 1 (0.14%) COREP
System Software
1 42 (5.97%) Active Directory
2 6 (0.85%) DFS Replication
3 4 (0.57%) VMware Infrastructure
4 3 (0.43%) Docker
5 2 (0.28%) HDFS
5 2 (0.28%) Virtual Machines
6 1 (0.14%) Citrix Presentation Server
6 1 (0.14%) XenApp
6 1 (0.14%) XenDesktop
Systems Management
1 11 (1.56%) SCCM
2 8 (1.14%) HP Quality Center
3 6 (0.85%) Microsoft Intune
4 3 (0.43%) Host Intrusion Detection System
5 2 (0.28%) CA Single Sign-On
5 2 (0.28%) Control-M
5 2 (0.28%) Kibana
5 2 (0.28%) logstash
5 2 (0.28%) Nagios
5 2 (0.28%) Nessus
5 2 (0.28%) Nmap
6 1 (0.14%) Ansible
6 1 (0.14%) AppManager
6 1 (0.14%) CA Service Virtualization
6 1 (0.14%) DatAdvantage
6 1 (0.14%) ITRS Geneos
6 1 (0.14%) Oracle Enterprise Manager
6 1 (0.14%) Thomson Reuters DACS
6 1 (0.14%) TIBCO Hawk
6 1 (0.14%) Tivoli
Vendors
1 51 (7.25%) Microsoft
2 31 (4.41%) Oracle
3 23 (3.27%) VMware
4 15 (2.13%) Citrix
5 13 (1.85%) IBM
6 12 (1.71%) Bloomberg
7 10 (1.42%) Salesforce.com
7 10 (1.42%) SAP
7 10 (1.42%) Sybase
7 10 (1.42%) Tableau
8 6 (0.85%) Cognos
8 6 (0.85%) HP
8 6 (0.85%) NetApp
8 6 (0.85%) Reuters
9 5 (0.71%) CA
9 5 (0.71%) Splunk
9 5 (0.71%) Teradata
10 4 (0.57%) ArcSight
10 4 (0.57%) JD Edwards
10 4 (0.57%) Temenos