Banking Analyst Contracts

Banking Analyst
UK

The median Banking Analyst daily rate in the UK is £447, according to job vacancies posted in the 6 months leading up to 1 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 451 424 525
Rank change year-on-year -27 +101 +46
Contract jobs requiring a Banking Analyst 69 159 193
As % of all contract jobs advertised in the UK 0.24% 0.37% 0.32%
As % of the Job Titles category 0.25% 0.39% 0.34%
Number of daily rates quoted 42 78 136
10th Percentile £313 £371 £388
25th Percentile £353 £500 £486
Median daily rate (50th Percentile) £447 £625 £593
Median % change year-on-year -28.48% +5.49% +3.04%
75th Percentile £625 £700 £700
90th Percentile £806 £850 £806
UK excluding London median daily rate £404 £544 £400
% change year-on-year -25.70% +35.94% -13.51%

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides 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.

Contract vacancies in the UK with a recognized job title 27,084 40,415 56,464
% of contract IT jobs with a recognized job title 92.52% 92.78% 94.61%
Number of daily rates quoted 17,692 26,309 39,470
10th Percentile £300 £275 £313
25th Percentile £406 £410 £425
Median daily rate (50th Percentile) £515 £525 £540
Median % change year-on-year -1.90% -2.78% +2.86%
75th Percentile £625 £638 £650
90th Percentile £738 £750 £750
UK excluding London median daily rate £475 £492 £500
% change year-on-year -3.46% -1.60% +5.26%
Number of hourly rates quoted 1,035 2,664 1,570
10th Percentile £14.07 £12.86 £14.29
25th Percentile £18.50 £16.30 £19.50
Median hourly rate £29.00 £36.42 £45.00
Median % change year-on-year -20.37% -19.07% +91.49%
75th Percentile £62.50 £60.75 £65.75
90th Percentile £75.00 £72.50 £75.75
UK excluding London median hourly rate £28.00 £39.55 £42.50
% change year-on-year -29.20% -6.94% +117.95%

Banking Analyst
Job Vacancy Trend

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

Job vacancy trend for Banking Analyst in the UK

Banking Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Banking Analyst.

Daily rate trend for Banking Analyst in the UK

Banking Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Banking Analyst over the 6 months to 1 May 2025.

Daily rate histogram for Banking Analyst in the UK

Banking Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Banking Analyst.

Hourly rate trend for Banking Analyst in the UK

Banking Analyst
Top 12 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 1 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
England -16 66 £469 -24.96% 16
London -26 57 £488 -22.00% 15
Work from Home -27 21 £600 -4.00% 5
UK excluding London +57 12 £404 -25.70% 6
South West - 4 £469 -
North West +19 3 £360 -40.00%
North of England +6 3 £360 -38.06%
Scotland - 2 £469 -
South East +46 1 £360 -31.43% 2
Midlands +22 1 - - 1
West Midlands - 1 - - 1
Northern Ireland - 1 £425 - 3

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 1 May 2025, Banking Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Banking Analyst in the job title.

1 69 (100.00%) Banking
2 46 (66.67%) Finance
3 21 (30.43%) Social Skills
4 17 (24.64%) Investment Banking
5 14 (20.29%) Agile
5 14 (20.29%) SQL
6 13 (18.84%) Change Management
7 12 (17.39%) Python
8 11 (15.94%) Microsoft
9 9 (13.04%) Data Analysis
9 9 (13.04%) Business Analysis
9 9 (13.04%) Problem-Solving
10 8 (11.59%) Tableau
10 8 (11.59%) Microsoft Excel
11 7 (10.14%) Oracle
11 7 (10.14%) Risk Management
11 7 (10.14%) Confluence
11 7 (10.14%) SWIFT Messaging Network
11 7 (10.14%) JIRA
12 6 (8.70%) Degree
12 6 (8.70%) Data Quality
12 6 (8.70%) Front Office
12 6 (8.70%) Stakeholder Management
12 6 (8.70%) Data Modelling
12 6 (8.70%) SQL Server
12 6 (8.70%) Windows
12 6 (8.70%) MS Visio
12 6 (8.70%) PMO
12 6 (8.70%) Power Platform
13 5 (7.25%) Metadata

Banking Analyst Skill Set
Co-occurring Skills and Capabilities 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 7 (10.14%) Confluence
2 5 (7.25%) SAS
3 3 (4.35%) SharePoint
4 2 (2.90%) Microsoft Exchange
4 2 (2.90%) Oracle Workflow
5 1 (1.45%) Apache
5 1 (1.45%) Apache Spark
Applications
1 8 (11.59%) Microsoft Excel
2 6 (8.70%) MS Visio
3 4 (5.80%) Microsoft Office
4 3 (4.35%) Microsoft PowerPoint
5 1 (1.45%) Microsoft Project
Business Applications
1 2 (2.90%) Dynamics CRM
2 1 (1.45%) Bankmaster
2 1 (1.45%) Fidessa
2 1 (1.45%) PeopleSoft Financials
Cloud Services
1 6 (8.70%) Power Platform
2 5 (7.25%) Azure
3 3 (4.35%) Collibra
4 2 (2.90%) Apple Pay
4 2 (2.90%) Google Pay
4 2 (2.90%) PowerApps
4 2 (2.90%) SaaS
5 1 (1.45%) AWS
5 1 (1.45%) Cloud Computing
5 1 (1.45%) Microsoft 365
Communications & Networking
1 1 (1.45%) DHCP
1 1 (1.45%) DNS
1 1 (1.45%) Firewall
1 1 (1.45%) FIX Connectivity
1 1 (1.45%) LAN
1 1 (1.45%) NAS
1 1 (1.45%) TCP/IP
1 1 (1.45%) VPN
1 1 (1.45%) WAN
1 1 (1.45%) Wireshark
Database & Business Intelligence
1 8 (11.59%) Tableau
2 6 (8.70%) SQL Server
3 5 (7.25%) Metadata
3 5 (7.25%) QlikView
4 4 (5.80%) Data Mining
4 4 (5.80%) Power BI
5 2 (2.90%) Data Warehouse
5 2 (2.90%) MS Access
5 2 (2.90%) SQL Server Integration Services
5 2 (2.90%) SQL Server Reporting Services
6 1 (1.45%) Apache Hive
6 1 (1.45%) Big Data
6 1 (1.45%) Hadoop
6 1 (1.45%) Impala
6 1 (1.45%) Spark SQL
6 1 (1.45%) Sqoop
Development Applications
1 7 (10.14%) JIRA
2 2 (2.90%) eggPlant
3 1 (1.45%) Bitbucket
3 1 (1.45%) ERwin
3 1 (1.45%) Gatling
3 1 (1.45%) Git
3 1 (1.45%) Jenkins
3 1 (1.45%) JMeter
3 1 (1.45%) MagicDraw
3 1 (1.45%) REST Assured
3 1 (1.45%) Selenium
3 1 (1.45%) TeamCity
3 1 (1.45%) TestCafe
General
1 69 (100.00%) Banking
2 46 (66.67%) Finance
3 21 (30.43%) Social Skills
4 17 (24.64%) Investment Banking
5 6 (8.70%) Front Office
6 4 (5.80%) Presentation Skills
7 3 (4.35%) Back Office
8 2 (2.90%) Corporate Banking
8 2 (2.90%) Organisational Skills
8 2 (2.90%) Retail Banking
9 1 (1.45%) Advertising
9 1 (1.45%) Analytical Skills
9 1 (1.45%) Documentation Skills
9 1 (1.45%) General Ledger
9 1 (1.45%) Influencing Skills
9 1 (1.45%) Private Banking
9 1 (1.45%) Retail
Libraries, Frameworks & Software Standards
1 3 (4.35%) XML
2 1 (1.45%) FIX Protocol
2 1 (1.45%) FpML
2 1 (1.45%) PySpark
2 1 (1.45%) SailPoint
Miscellaneous
1 7 (10.14%) SWIFT Messaging Network
2 4 (5.80%) Data Protection Act
2 4 (5.80%) Reference Data
2 4 (5.80%) Taxonomies
3 3 (4.35%) Digital Wallet
3 3 (4.35%) Fixed Income
3 3 (4.35%) Foreign Exchange (FX)
3 3 (4.35%) Legacy Systems
3 3 (4.35%) Management Information System
4 2 (2.90%) Credit Risk
4 2 (2.90%) Data Centre
4 2 (2.90%) Equities
4 2 (2.90%) Product Ownership
5 1 (1.45%) Derivative
5 1 (1.45%) Eurex
5 1 (1.45%) Greenfield Project
5 1 (1.45%) Market Risk
5 1 (1.45%) Mobile App
5 1 (1.45%) Mobile Banking
5 1 (1.45%) Online Banking
Operating Systems
1 6 (8.70%) Windows
2 2 (2.90%) Linux
2 2 (2.90%) Windows Server
3 1 (1.45%) CentOS
3 1 (1.45%) Rocky
3 1 (1.45%) Unix
Processes & Methodologies
1 14 (20.29%) Agile
2 13 (18.84%) Change Management
3 9 (13.04%) Business Analysis
3 9 (13.04%) Data Analysis
3 9 (13.04%) Problem-Solving
4 7 (10.14%) Risk Management
5 6 (8.70%) Data Modelling
5 6 (8.70%) Stakeholder Management
6 5 (7.25%) BPMN
6 5 (7.25%) Business Intelligence
6 5 (7.25%) Data Management
6 5 (7.25%) Data Mapping
6 5 (7.25%) Data Visualisation
6 5 (7.25%) Regulatory Change
6 5 (7.25%) Test Automation
6 5 (7.25%) Visualisation
6 5 (7.25%) Waterfall
7 4 (5.80%) Identity Access Management
7 4 (5.80%) Scorecard
7 4 (5.80%) Workshop Facilitation
Programming Languages
1 14 (20.29%) SQL
2 12 (17.39%) Python
3 3 (4.35%) C++
3 3 (4.35%) Java
3 3 (4.35%) PowerShell
4 2 (2.90%) VBA
5 1 (1.45%) Bash
5 1 (1.45%) JavaScript
5 1 (1.45%) Perl
5 1 (1.45%) R
5 1 (1.45%) RPG
Qualifications
1 6 (8.70%) Degree
2 1 (1.45%) AWS Certification
2 1 (1.45%) AWS Certified Solutions Architect
2 1 (1.45%) Azure Certification
2 1 (1.45%) DV Cleared
2 1 (1.45%) Microsoft Certification
2 1 (1.45%) Security Cleared
Quality Assurance & Compliance
1 6 (8.70%) Data Quality
1 6 (8.70%) PMO
2 4 (5.80%) California Consumer Privacy Act
2 4 (5.80%) GDPR
3 3 (4.35%) SEPA
4 2 (2.90%) EMIR
5 1 (1.45%) Basel III
5 1 (1.45%) COREP
5 1 (1.45%) ISO 9001
5 1 (1.45%) MiFID
5 1 (1.45%) QA
5 1 (1.45%) SLA
System Software
1 1 (1.45%) Active Directory
1 1 (1.45%) HDFS
Systems Management
1 2 (2.90%) RSA Archer
1 2 (2.90%) Sysdig
2 1 (1.45%) Rundeck
2 1 (1.45%) ZABBIX
Vendors
1 11 (15.94%) Microsoft
2 7 (10.14%) Oracle
3 3 (4.35%) Ab Initio
3 3 (4.35%) IBM
3 3 (4.35%) Informatica
3 3 (4.35%) ServiceNow
3 3 (4.35%) Splunk
4 2 (2.90%) Apple
4 2 (2.90%) Databricks
4 2 (2.90%) Glassbox
4 2 (2.90%) Google
4 2 (2.90%) Salesforce
4 2 (2.90%) SAP
5 1 (1.45%) Bloomberg
5 1 (1.45%) CQG
5 1 (1.45%) Interwoven
5 1 (1.45%) PeopleSoft
5 1 (1.45%) Red Hat
5 1 (1.45%) Reuters
5 1 (1.45%) Workday