Banking Analyst Contract Job Trends

Banking Analyst
UK

The median Banking Analyst daily rate in the UK is £500, according to job vacancies posted in the 6 months leading up to 19 December 2025.

The table below compares current contractor rates and summary statistics with the previous two years.

6 months to
19 Dec 2025
Same period 2024 Same period 2023
Rank 519 429 405
Rank change year-on-year -90 -24 +144
Contract jobs requiring a Banking Analyst 65 115 201
As % of all contract jobs in the UK 0.18% 0.34% 0.46%
As % of the Job Titles category 0.19% 0.36% 0.49%
Number of daily rates quoted 47 63 97
10th Percentile £350 £319 £375
25th Percentile £416 £443 £525
Median daily rate (50th Percentile) £500 £525 £600
Median % change year-on-year -4.76% -12.50% -
75th Percentile £594 £625 £675
90th Percentile £671 £748 £805
UK excluding London median daily rate £420 £625 £520
% change year-on-year -32.80% +20.19% +15.56%

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 33,513 31,718 41,239
% of contract IT jobs with a recognized job title 91.01% 92.78% 93.40%
Number of daily rates quoted 21,192 19,534 27,738
10th Percentile £290 £300 £288
25th Percentile £404 £409 £413
Median daily rate (50th Percentile) £500 £525 £525
Median % change year-on-year -4.76% - -4.55%
75th Percentile £619 £638 £644
90th Percentile £720 £738 £740
UK excluding London median daily rate £475 £489 £500
% change year-on-year -2.86% -2.20% -
Number of hourly rates quoted 1,975 999 1,468
10th Percentile £14.25 £15.52 £15.14
25th Percentile £18.22 £21.22 £19.06
Median hourly rate £25.50 £34.00 £44.50
Median % change year-on-year -25.00% -23.60% +48.33%
75th Percentile £57.50 £62.84 £65.00
90th Percentile £71.00 £72.55 £77.50
UK excluding London median hourly rate £25.15 £32.50 £45.00
% change year-on-year -22.62% -27.78% +80.76%

Banking Analyst
Job Vacancy Trend

Historical trend showing the proportion of contract IT job postings featuring 'Banking Analyst' in the job title relative to all contract IT jobs advertised.

Banking Analyst job vacancy trend in the UK

Banking Analyst
Daily Rate Trend

Contractor daily rate distribution trend for Banking Analyst job vacancies in the UK.

Contractor daily rate distribution trend for Banking Analyst job vacancies in the UK

Banking Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Banking Analyst over the 6 months to 19 December 2025.

Daily rate histogram for Banking Analyst in the UK

Banking Analyst
Hourly Rate Trend

Contractor hourly rate distribution trend for Banking Analyst job vacancies in the UK.

Contractor hourly rate distribution trend for Banking Analyst job vacancies in the UK

Banking Analyst
Top 11 Contract Job 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 19 December 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 -65 59 £500 -4.76% 3
London -52 46 £516 -1.67% 3
UK excluding London -27 17 £420 -32.80% 4
Work from Home -39 16 £475 -24.00% 2
North of England -44 10 £408 -
North West -23 5 £344 -
Yorkshire -39 5 £590 -
Midlands -38 3 £420 -
East Midlands - 3 £420 -
Scotland +4 2 £461 -26.24%
Northern Ireland - 2 £325 - 2

Banking Analyst Skill Set
Top 30 Co-Occurring Skills & Capabilities

For the 6 months to 19 December 2025, Banking Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number of co-occurrences and as a proportion of all contract job ads featuring Banking Analyst in the job title.

1 30 (46.15%) Stakeholder Management
2 24 (36.92%) Agile
3 22 (33.85%) Business Analysis
4 14 (21.54%) Problem-Solving
4 14 (21.54%) SQL
5 12 (18.46%) Confluence
5 12 (18.46%) JIRA
5 12 (18.46%) Requirements Gathering
6 10 (15.38%) Cybersecurity
6 10 (15.38%) Data Mapping
6 10 (15.38%) Stakeholder Engagement
7 9 (13.85%) Analytics
7 9 (13.85%) Business Intelligence
7 9 (13.85%) Data Analysis
8 8 (12.31%) Identity Access Management
8 8 (12.31%) Microsoft
8 8 (12.31%) MS Visio
8 8 (12.31%) User Acceptance Testing
8 8 (12.31%) User Stories
8 8 (12.31%) Validation
9 7 (10.77%) Data Governance
9 7 (10.77%) Data Quality
9 7 (10.77%) Degree
9 7 (10.77%) Power BI
9 7 (10.77%) Power Platform
9 7 (10.77%) Python
9 7 (10.77%) Risk Management
9 7 (10.77%) Waterfall
9 7 (10.77%) Workshop Facilitation
10 6 (9.23%) Change Management

Banking Analyst Skill Set
Co-Occurring Skills & Capabilities by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 12 (18.46%) Confluence
2 3 (4.62%) SAS
3 2 (3.08%) SharePoint
4 1 (1.54%) Adobe Experience Manager
4 1 (1.54%) Anypoint
4 1 (1.54%) Oracle Workflow
Applications
1 8 (12.31%) MS Visio
2 6 (9.23%) Microsoft Excel
3 5 (7.69%) Microsoft Office
4 3 (4.62%) Microsoft PowerPoint
5 1 (1.54%) Microsoft Project
Business Applications
1 2 (3.08%) Payment Gateway
2 1 (1.54%) Oracle FAH
2 1 (1.54%) Oracle General Ledger
2 1 (1.54%) Oracle Subledger Accounting
2 1 (1.54%) SAP S/4HANA
Cloud Services
1 7 (10.77%) Power Platform
2 3 (4.62%) Azure
2 3 (4.62%) GCP
3 2 (3.08%) Azure DevOps
3 2 (3.08%) Collibra
3 2 (3.08%) Figma
3 2 (3.08%) PowerApps
4 1 (1.54%) AWS
4 1 (1.54%) Microsoft 365
4 1 (1.54%) Smartsheet
Database & Business Intelligence
1 7 (10.77%) Power BI
2 5 (7.69%) Tableau
3 4 (6.15%) Metadata
4 2 (3.08%) Data Warehouse
4 2 (3.08%) Power Query
Development Applications
1 12 (18.46%) JIRA
General
1 65 (100.00%) Banking
2 43 (66.15%) Finance
3 29 (44.62%) Social Skills
4 23 (35.38%) Investment Banking
5 17 (26.15%) Analytical Skills
6 10 (15.38%) Documentation Skills
7 6 (9.23%) Front Office
8 3 (4.62%) Financial Institution
9 1 (1.54%) Back Office
9 1 (1.54%) General Ledger
9 1 (1.54%) International Banking
9 1 (1.54%) Japanese Language
9 1 (1.54%) Legal
9 1 (1.54%) Organisational Skills
9 1 (1.54%) Publishing
9 1 (1.54%) Retail
9 1 (1.54%) Retail Banking
Libraries, Frameworks & Software Standards
1 3 (4.62%) XML
2 1 (1.54%) .NET
2 1 (1.54%) Anaconda
2 1 (1.54%) CSS
2 1 (1.54%) Elastic Stack
2 1 (1.54%) HTML
2 1 (1.54%) Middleware
2 1 (1.54%) XML Messaging
Miscellaneous
1 7 (10.77%) Onboarding
2 5 (7.69%) SWIFT Messaging Network
3 4 (6.15%) Management Information System
4 3 (4.62%) Derivative
4 3 (4.62%) Equities
4 3 (4.62%) Product Ownership
5 2 (3.08%) Analytical Mindset
5 2 (3.08%) AS400
5 2 (3.08%) Credit Risk
5 2 (3.08%) Interest Rate Derivative
5 2 (3.08%) iSeries
5 2 (3.08%) Market Risk
5 2 (3.08%) Self-Motivation
5 2 (3.08%) Swaptions
6 1 (1.54%) Fixed Income
6 1 (1.54%) Foreign Exchange (FX)
6 1 (1.54%) Legacy Systems
6 1 (1.54%) Mainframe
6 1 (1.54%) PACS
6 1 (1.54%) Taxonomies
Operating Systems
1 1 (1.54%) zOS
Processes & Methodologies
1 30 (46.15%) Stakeholder Management
2 24 (36.92%) Agile
3 22 (33.85%) Business Analysis
4 14 (21.54%) Problem-Solving
5 12 (18.46%) Requirements Gathering
6 10 (15.38%) Cybersecurity
6 10 (15.38%) Data Mapping
6 10 (15.38%) Stakeholder Engagement
7 9 (13.85%) Analytics
7 9 (13.85%) Business Intelligence
7 9 (13.85%) Data Analysis
8 8 (12.31%) Identity Access Management
8 8 (12.31%) User Acceptance Testing
8 8 (12.31%) User Stories
8 8 (12.31%) Validation
9 7 (10.77%) Data Governance
9 7 (10.77%) Risk Management
9 7 (10.77%) Waterfall
9 7 (10.77%) Workshop Facilitation
10 6 (9.23%) Decision-Making
Programming Languages
1 14 (21.54%) SQL
2 7 (10.77%) Python
3 2 (3.08%) VBA
4 1 (1.54%) Assembly Language
4 1 (1.54%) JavaScript
4 1 (1.54%) PL/1
4 1 (1.54%) R
4 1 (1.54%) REXX
4 1 (1.54%) Shell Script
Qualifications
1 7 (10.77%) Degree
2 5 (7.69%) Security Cleared
3 3 (4.62%) BPSS Clearance
4 2 (3.08%) BC Cleared
4 2 (3.08%) ISTQB
4 2 (3.08%) SC Cleared
5 1 (1.54%) CBAP
5 1 (1.54%) CFA
5 1 (1.54%) Computer Science Degree
5 1 (1.54%) FFIEC
5 1 (1.54%) ISEB
5 1 (1.54%) PMI Certification
5 1 (1.54%) PMP
5 1 (1.54%) SAFe Agilist
Quality Assurance & Compliance
1 7 (10.77%) Data Quality
2 6 (9.23%) ISO 20022
3 5 (7.69%) GDPR
3 5 (7.69%) QA
4 3 (4.62%) PMO
5 2 (3.08%) Basel III
5 2 (3.08%) IFRS
5 2 (3.08%) PSD2
5 2 (3.08%) Sarbanes-Oxley
5 2 (3.08%) SEPA
6 1 (1.54%) Accessibility
6 1 (1.54%) GAAP
6 1 (1.54%) IFRS 9
6 1 (1.54%) MiFID
Vendors
1 8 (12.31%) Microsoft
2 2 (3.08%) Alteryx
2 2 (3.08%) Google
2 2 (3.08%) IBM
2 2 (3.08%) SAP
3 1 (1.54%) Adobe
3 1 (1.54%) Avaloq
3 1 (1.54%) MuleSoft
3 1 (1.54%) Murex
3 1 (1.54%) Oracle
3 1 (1.54%) Pega
3 1 (1.54%) Salesforce