The median contractor rate for a Banking Analyst was £425 per day in advertised job vacancies during the 3 months to 25 March 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
Banking Analyst
UK
Rank 373 301 274
Rank change year-on-year -72 -27  
Contract jobs requiring a Banking Analyst 229 402 416
As % of all contract IT jobs advertised in the UK 0.51% 0.76% 0.79%
As % of the Job Titles category 0.53% 0.79% 0.83%
Number of daily rates quoted 163 266 316
Median daily rate £425 £405 £450
Median daily rate % change year-on-year +4.93% -10.00%  
90% offered a daily rate of more than £275 £285 £297
10% offered a daily rate of more than £600 £550 £550
UK excluding London median daily rate £400 £350 £360
% change year-on-year +14.28% -2.77%  
Number of hourly rates quoted 0 1 0
Median hourly rate - £185.00 -
UK excluding London median hourly rate - £185.00 -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
UK
Contract job vacancies with a job title containing a recognized job role 42948 50649 50145
As % of all contract IT job vacancies advertised in the UK 94.81% 95.19% 94.81%
Number of daily rates quoted 27820 32762 30258
Median daily rate £425 £425 £400
Median daily rate % change year-on-year - +6.25%  
90% offered a daily rate of more than £260 £260 £238
10% offered a daily rate of more than £600 £600 £550
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1510 1586 1994
Median hourly rate £18.00 £19.00 £17.50
Median hourly rate % change year-on-year -5.26% +8.57%  
90% offered a hourly rate of more than £11.25 £11.50 £11.00
10% offered a hourly rate of more than £47.50 £48.00 £42.50
UK excluding London median hourly rate £17.50 £20.00 £17.22
% change year-on-year -12.50% +16.14%  

Banking Analyst
Job Vacancy Trend

The job posting trend of jobs advertised that featured Banking Analyst in the job title.

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 3 months to 25 March 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 hourly rates quoted in IT contractor jobs citing Banking Analyst.

Contractor hourly rate trend for Banking Analyst in the UK

Banking Analyst
Top 30 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 3 months to 25 March 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
England -75 221 £425 +0.47% 23
London -40 162 £475 +7.04% 20
City of London -5 35 £468 -6.50% 4
North West +26 15 £375 +7.14% 2
East Midlands +4 15 £425 -
Northamptonshire +7 14 £425 -15.00%
South East -12 13 £350 +2.33%
Northampton +8 11 £425 -29.16%
South West -1 10 £238 -36.19% 1
Gloucestershire +12 9 £225 -32.83%
Gloucester - 9 £225 -
Buckinghamshire -34 8 £350 -12.50%
Manchester +12 7 £363 +3.57%
Cheshire +28 6 £338 -12.90% 2
Kent +10 4 £415 -
Edinburgh +5 4 £425 +28.30% 1
Scotland +5 4 £425 +30.76% 1
Yorkshire 0 4 £350 -13.58%
Canary Wharf -5 4 £650 +40.54%
Milton Keynes -25 4 £350 -12.50%
West Yorkshire -4 3 £369 -7.81%
Chester +10 2 £275 -6.46% 1
Leeds +1 2 £350 -5.66%
Docklands, London -1 2 £631 +26.25%
County Antrim -16 2 £261 -13.16%
Belfast -16 2 £261 -13.16%
Northern Ireland -19 2 £261 -13.16%
Cardiff +14 1 - -
South Wales +11 1 - -
Knutsford +8 1 £438 +4.47% 1

Banking Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 25 March 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.

1 412 (100.00%) Banking
2 224 (54.37%) Finance
3 104 (25.24%) Investment Banking
4 90 (21.84%) SQL
5 77 (18.69%) Agile Software Development
6 75 (18.20%) Business Analysis
7 69 (16.75%) Stakeholder Management
8 52 (12.62%) Test Scripting
9 47 (11.41%) Retail
10 43 (10.44%) Retail Banking
11 40 (9.71%) User Acceptance Testing
12 39 (9.47%) QA
12 39 (9.47%) Analytical Skills
13 36 (8.74%) Project Management
14 34 (8.25%) Front Office
15 33 (8.01%) Windows
16 31 (7.52%) Change Management
16 31 (7.52%) SWIFT
17 30 (7.28%) Back Office
17 30 (7.28%) Linux
18 29 (7.04%) Unix
18 29 (7.04%) Oracle
18 29 (7.04%) Migration
18 29 (7.04%) MiFID
19 28 (6.80%) Microsoft
20 27 (6.55%) MS Office
21 24 (5.83%) Foreign Exchange (FX)
22 23 (5.58%) MS Excel
22 23 (5.58%) Fixed Income
23 21 (5.10%) Degree

Banking Analyst Skill Set
Top Related 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 14 (3.40%) SharePoint
2 12 (2.91%) IIS
3 10 (2.43%) WebSphere
4 7 (1.70%) SAS
4 7 (1.70%) Tomcat
5 5 (1.21%) Confluence
6 4 (0.97%) Skype for Business
7 2 (0.49%) Apache Spark
7 2 (0.49%) WebLogic
8 1 (0.24%) Apache
8 1 (0.24%) Exchange Server 2010
8 1 (0.24%) JBoss
8 1 (0.24%) MS Exchange
8 1 (0.24%) Oracle Workflow
Applications
1 27 (6.55%) MS Office
2 23 (5.58%) MS Excel
3 11 (2.67%) MS PowerPoint
4 6 (1.46%) MS Visio
5 5 (1.21%) MS Project
6 2 (0.49%) Spreadsheet
Business Applications
1 8 (1.94%) Dynamics CRM
1 8 (1.94%) Temenos T24
2 7 (1.70%) Loan IQ
3 6 (1.46%) FLEXCUBE
4 4 (0.97%) ION MarketView
5 2 (0.49%) Bloomberg TOMS
5 2 (0.49%) Remedy ITSM
5 2 (0.49%) Sonata
5 2 (0.49%) SunGard Martini
6 1 (0.24%) Cognos Business Intelligence
6 1 (0.24%) Eikon
6 1 (0.24%) Hyperion Planning
6 1 (0.24%) Misys Midas
6 1 (0.24%) NetSuite
6 1 (0.24%) Oracle BPM
6 1 (0.24%) RMDS
6 1 (0.24%) Summit
Cloud Services
1 2 (0.49%) GitHub
2 1 (0.24%) Force.com
2 1 (0.24%) IBM Blueworks
2 1 (0.24%) Taleo
Communications & Networking
1 18 (4.37%) Internet
2 12 (2.91%) Intranet
3 3 (0.73%) Firewall
3 3 (0.73%) TCP/IP
4 2 (0.49%) ATM
4 2 (0.49%) HTTP
4 2 (0.49%) LAN
4 2 (0.49%) Network Security
5 1 (0.24%) Cisco IOS
5 1 (0.24%) DHCP
5 1 (0.24%) DNS
5 1 (0.24%) Intrusion Detection
5 1 (0.24%) PuTTY
5 1 (0.24%) SWIFTNet
5 1 (0.24%) TACACS
5 1 (0.24%) WAN
5 1 (0.24%) Wireless
Database & Business Intelligence
1 12 (2.91%) SQL Server
2 10 (2.43%) DB2
2 10 (2.43%) Oracle Database
3 7 (1.70%) Relational Database
4 5 (1.21%) SQL Server Reporting Services
5 4 (0.97%) Big Data
5 4 (0.97%) Data Warehouse
5 4 (0.97%) Hadoop
6 3 (0.73%) BusinessObjects
7 2 (0.49%) Apache Hive
7 2 (0.49%) DataStage
7 2 (0.49%) MS Access
7 2 (0.49%) Oracle Database 10g
7 2 (0.49%) Oracle9i Database
7 2 (0.49%) RDBMS
7 2 (0.49%) SQL Server Analysis Services
7 2 (0.49%) SQL Server Integration Services
8 1 (0.24%) Base SAS
8 1 (0.24%) KDB
8 1 (0.24%) Sqoop
Development Applications
1 19 (4.61%) JIRA
2 13 (3.16%) Selenium
3 7 (1.70%) HP UFT
4 6 (1.46%) JUnit
5 4 (0.97%) Cucumber
5 4 (0.97%) LoadRunner
6 3 (0.73%) Jenkins
6 3 (0.73%) JMeter
6 3 (0.73%) TeamCity
6 3 (0.73%) Toad
6 3 (0.73%) Visual Studio
7 2 (0.49%) Appium
7 2 (0.49%) ERwin
7 2 (0.49%) Git (software)
7 2 (0.49%) NeoLoad
7 2 (0.49%) NUnit
7 2 (0.49%) PowerDesigner
7 2 (0.49%) SoapUI
7 2 (0.49%) Sonatype Nexus
7 2 (0.49%) Talend Open Studio
General
1 412 (100.00%) Banking
2 224 (54.37%) Finance
3 104 (25.24%) Investment Banking
4 47 (11.41%) Retail
5 43 (10.44%) Retail Banking
6 34 (8.25%) Front Office
7 30 (7.28%) Back Office
8 11 (2.67%) Private Banking
9 8 (1.94%) International Banking
10 6 (1.46%) Corporate Banking
10 6 (1.46%) Legal
10 6 (1.46%) Wholesale Banking
11 5 (1.21%) Financial Institution
12 3 (0.73%) General Ledger
12 3 (0.73%) German Language
13 2 (0.49%) Italian Language
13 2 (0.49%) Multimedia
13 2 (0.49%) Spanish Language
13 2 (0.49%) Telecoms
14 1 (0.24%) Games
Libraries, Frameworks & Software Standards
1 12 (2.91%) XML
2 9 (2.18%) .NET
3 6 (1.46%) HTML
3 6 (1.46%) HTML5
4 5 (1.21%) XML Messaging
5 4 (0.97%) FIX Protocol
5 4 (0.97%) FpML
5 4 (0.97%) Middleware
5 4 (0.97%) XML Schema
6 3 (0.73%) AngularJS
6 3 (0.73%) Web Services
7 2 (0.49%) Gherkin
7 2 (0.49%) IBM Integration Bus
7 2 (0.49%) Murex MxML
7 2 (0.49%) RESTful
7 2 (0.49%) SOAP
7 2 (0.49%) WebSockets
7 2 (0.49%) WebSphere MQ
7 2 (0.49%) XSLT
8 1 (0.24%) Visualforce
Miscellaneous
1 39 (9.47%) Analytical Skills
2 31 (7.52%) SWIFT
3 24 (5.83%) Foreign Exchange (FX)
4 23 (5.58%) Fixed Income
5 14 (3.40%) Derivative
6 12 (2.91%) Equities
7 11 (2.67%) Credit Risk
7 11 (2.67%) User Experience
8 10 (2.43%) Fintech
9 9 (2.18%) Reference Data
9 9 (2.18%) Virtual Team
10 7 (1.70%) Mainframe
11 6 (1.46%) Market Risk
11 6 (1.46%) Mobile App
12 4 (0.97%) Enterprise Software
12 4 (0.97%) PACS
13 3 (0.73%) Blackberry
13 3 (0.73%) Client/Server
13 3 (0.73%) Management Information System
13 3 (0.73%) Tandem
Operating Systems
1 33 (8.01%) Windows
2 30 (7.28%) Linux
3 29 (7.04%) Unix
4 9 (2.18%) Windows Server
5 4 (0.97%) Android
5 4 (0.97%) Windows 7
6 3 (0.73%) Apple iOS
7 2 (0.49%) Solaris
8 1 (0.24%) AIX
8 1 (0.24%) OpenVMS
8 1 (0.24%) Windows Server 2003
8 1 (0.24%) Windows Server 2012
Processes & Methodologies
1 77 (18.69%) Agile Software Development
2 75 (18.20%) Business Analysis
3 69 (16.75%) Stakeholder Management
4 52 (12.62%) Test Scripting
5 40 (9.71%) User Acceptance Testing
6 36 (8.74%) Project Management
7 31 (7.52%) Change Management
8 29 (7.04%) Migration
9 21 (5.10%) SDLC
10 19 (4.61%) Data Analysis
10 19 (4.61%) Data Modelling
10 19 (4.61%) Defect Management
10 19 (4.61%) GAP Analysis
10 19 (4.61%) Scrum
11 18 (4.37%) Manual Testing
11 18 (4.37%) User Stories
12 17 (4.13%) Information Security
13 16 (3.88%) ITIL
13 16 (3.88%) Non-Functional Testing
14 15 (3.64%) Target Operating Model
Programming Languages
1 90 (21.84%) SQL
2 18 (4.37%) Java
3 16 (3.88%) C#
4 11 (2.67%) VBA
5 7 (1.70%) Perl
5 7 (1.70%) VBScript
6 6 (1.46%) C++
7 5 (1.21%) Shell Script
8 4 (0.97%) JCL
8 4 (0.97%) PowerShell
8 4 (0.97%) Python
8 4 (0.97%) VB
8 4 (0.97%) VB.NET
9 3 (0.73%) PL/SQL
10 2 (0.49%) C
10 2 (0.49%) COBOL
10 2 (0.49%) Korn
10 2 (0.49%) Scala
10 2 (0.49%) T-SQL
11 1 (0.24%) Ruby
Qualifications
1 21 (5.10%) Degree
2 15 (3.64%) ISEB
3 11 (2.67%) CISSP
4 10 (2.43%) CISMP
5 7 (1.70%) ISTQB
6 5 (1.21%) ISTQB Foundation Certification
7 4 (0.97%) ITIL Certification
8 3 (0.73%) ACCA
8 3 (0.73%) CIMA
9 2 (0.49%) PMI Certification
9 2 (0.49%) PMP
10 1 (0.24%) CCNA
10 1 (0.24%) CCSA
10 1 (0.24%) CISA
10 1 (0.24%) Cisco Certification
10 1 (0.24%) CRISC
10 1 (0.24%) Microsoft Certification
10 1 (0.24%) PRINCE2 Certification
Quality Assurance & Compliance
1 39 (9.47%) QA
2 29 (7.04%) MiFID
3 18 (4.37%) PMO
4 15 (3.64%) SEPA
5 7 (1.70%) IFRS
5 7 (1.70%) IFRS 9
6 6 (1.46%) Basel III
6 6 (1.46%) Data Quality
6 6 (1.46%) Dodd-Frank
7 4 (0.97%) EMIR
7 4 (0.97%) ISO20022
8 3 (0.73%) Sarbanes-Oxley
8 3 (0.73%) SLA
9 2 (0.49%) FATCA
9 2 (0.49%) IAS 39
10 1 (0.24%) Disclosure Scotland
10 1 (0.24%) GDPR
10 1 (0.24%) ISO15022
System Software
1 4 (0.97%) Active Directory
2 1 (0.24%) Docker
2 1 (0.24%) HDFS
2 1 (0.24%) Microsoft App-V
2 1 (0.24%) RACF
2 1 (0.24%) VMware Infrastructure
Systems Management
1 5 (1.21%) Control-M
1 5 (1.21%) HP Quality Center
2 4 (0.97%) Tivoli
3 3 (0.73%) Tivoli Monitoring
4 2 (0.49%) Graphite
4 2 (0.49%) HP SiteScope
4 2 (0.49%) ITRS Geneos
4 2 (0.49%) Thomson Reuters DACS
5 1 (0.24%) AppManager
5 1 (0.24%) Hadoop YARN
5 1 (0.24%) Nagios
5 1 (0.24%) Norton AntiVirus
5 1 (0.24%) SCCM
Vendors
1 29 (7.04%) Oracle
2 28 (6.80%) Microsoft
3 12 (2.91%) Sybase
4 8 (1.94%) Bloomberg
4 8 (1.94%) IBM
4 8 (1.94%) Murex
5 7 (1.70%) HP
6 5 (1.21%) Citrix
6 5 (1.21%) GoldenSource
6 5 (1.21%) Reuters
7 4 (0.97%) JD Edwards
8 3 (0.73%) AppDynamics
8 3 (0.73%) Cisco
8 3 (0.73%) Dell
8 3 (0.73%) Fidessa
8 3 (0.73%) ION Trading
8 3 (0.73%) Remedy
8 3 (0.73%) Splunk
8 3 (0.73%) Temenos
9 2 (0.49%) FNZ
London
Joseph Harry Ltd
Posted: Yesterday
Chester, Cheshire
Elevate Direct
Rate: From £300 to £400 per day
Posted: 3 days ago
London
Joseph Harry Ltd
Posted: 4 days ago
London
Harvey Nash plc
Rate: £450 - £500 per day +
Posted: 4 days ago
London
Cititec
Rate: £450 - £500 per day
Posted: 4 days ago