The median contractor rate for a Banking Business Analyst was £480 per day in advertised job vacancies during the 3 months to 25 April 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.

Business Analyst - Banking
UK
3 months to
25 Apr 2017
Same period 2016 Same period 2015
Rank 518 494 503
Rank change year-on-year -24 +9  
Contract jobs requiring a Banking Business Analyst 86 160 145
As % of all contract IT jobs advertised in the UK 0.19% 0.29% 0.26%
As % of the Job Titles category 0.20% 0.30% 0.27%
Number of daily rates quoted 62 103 115
Median daily rate £480 £425 £425
Median daily rate % change year-on-year +12.94% -  
90% offered a daily rate of more than £376 £340 £328
10% offered a daily rate of more than £600 £550 £615
UK excluding London median daily rate £450 £400 £370
% change year-on-year +12.50% +8.10%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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 43833 53144 53796
As % of all contract IT job vacancies advertised in the UK 94.56% 95.10% 94.79%
Number of daily rates quoted 28465 34660 32613
Median daily rate £430 £425 £400
Median daily rate % change year-on-year +1.17% +6.25%  
90% offered a daily rate of more than £264 £263 £240
10% offered a daily rate of more than £600 £600 £563
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 1448 1545 2147
Median hourly rate £18.00 £17.98 £17.50
Median hourly rate % change year-on-year +0.13% +2.71%  
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £45.00 £42.50
UK excluding London median hourly rate £17.50 £18.00 £16.60
% change year-on-year -2.77% +8.43%  

Banking Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Banking Business Analyst in the UK

Banking Business Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Banking Business Analyst in the UK

Banking Business Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Banking Business Analyst over the 3 months to 25 April 2017.

Contractor daily rate histogram for Banking Business Analyst in the UK

Banking Business Analyst
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Banking Business Analyst in the UK

Banking Business 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 Business Analyst within the UK over the 3 months to 25 April 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 -30 83 £485 +14.11% 9
London -7 52 £550 +23.45% 9
North West +32 14 £425 +8.83%
City of London +5 12 £513 - 2
Northamptonshire +2 9 £475 +2.70%
East Midlands -2 9 £475 +2.70%
Northampton +4 8 £475 -5.00%
Cheshire +41 6 £425 +41.66%
Manchester +5 4 £419 +5.94%
Merseyside - 4 £463 -
Liverpool - 4 £463 -
Scotland +29 2 £420 +33.33%
Yorkshire +21 2 £396 -1.00%
Edinburgh +15 2 £420 -
West Yorkshire +10 2 £396 -1.00%
Chester +9 2 £388 +29.16%
South East -9 2 £415 +10.66%
North East +16 1 £550 +197.29%
Tyne and Wear +15 1 £550 +197.29%
Cardiff +14 1 - -
Newcastle upon Tyne +10 1 £550 +197.29%
South Wales +9 1 - -
Leeds +8 1 - -
Wales +7 1 - -
South West +5 1 £350 -17.64%
Halifax +1 1 £396 -2.52%
Buckinghamshire -43 1 - -
Kent - 1 £415 -
Birmingham - 1 £350 -
Docklands, London - 1 £613 -

Banking Business Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 25 April 2017, Banking Business 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 Business Analyst in the job title.

1 142 (100.00%) Banking
2 93 (65.49%) Finance
3 59 (41.55%) Business Analysis
4 33 (23.24%) Stakeholder Management
5 29 (20.42%) Agile Software Development
6 21 (14.79%) Investment Banking
7 18 (12.68%) Retail
8 16 (11.27%) Change Management
8 16 (11.27%) Analytical Skills
8 16 (11.27%) Target Operating Model
9 15 (10.56%) SQL
10 13 (9.15%) Front Office
10 13 (9.15%) User Stories
11 11 (7.75%) Retail Banking
11 11 (7.75%) MiFID
11 11 (7.75%) Private Banking
11 11 (7.75%) User Acceptance Testing
11 11 (7.75%) Project Management
11 11 (7.75%) KYC
12 10 (7.04%) Anti-Money Laundering
13 9 (6.34%) SDLC
14 8 (5.63%) Basel III
14 8 (5.63%) Risk Analysis
14 8 (5.63%) QA
14 8 (5.63%) JIRA
14 8 (5.63%) Migration
14 8 (5.63%) Scrum
15 6 (4.23%) Confluence
15 6 (4.23%) Loan IQ
15 6 (4.23%) Wholesale Banking

Banking Business 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 6 (4.23%) Confluence
2 2 (1.41%) SAS
3 1 (0.70%) Apache Spark
3 1 (0.70%) SharePoint
Applications
1 3 (2.11%) Microsoft Excel
1 3 (2.11%) Microsoft Office
2 2 (1.41%) Microsoft PowerPoint
2 2 (1.41%) MS Visio
3 1 (0.70%) Microsoft Project
3 1 (0.70%) Spreadsheet
Business Applications
1 6 (4.23%) FLEXCUBE
1 6 (4.23%) Loan IQ
2 2 (1.41%) Dynamics CRM
2 2 (1.41%) Sonata
2 2 (1.41%) Temenos T24
3 1 (0.70%) Hyperion Planning
3 1 (0.70%) Kondor
Communications & Networking
1 1 (0.70%) ATM
1 1 (0.70%) LAN
1 1 (0.70%) WAN
Database & Business Intelligence
1 2 (1.41%) SQL Server
2 1 (0.70%) Apache Hive
2 1 (0.70%) Big Data
2 1 (0.70%) Data Mining
2 1 (0.70%) Data Warehouse
2 1 (0.70%) DB2
2 1 (0.70%) Essbase
2 1 (0.70%) Hadoop
2 1 (0.70%) HBase
2 1 (0.70%) OLAP
2 1 (0.70%) Oracle OLAP
2 1 (0.70%) Sqoop
Development Applications
1 8 (5.63%) JIRA
2 1 (0.70%) Cucumber
2 1 (0.70%) Team Foundation Server
2 1 (0.70%) Visual Studio
General
1 142 (100.00%) Banking
2 93 (65.49%) Finance
3 21 (14.79%) Investment Banking
4 18 (12.68%) Retail
5 13 (9.15%) Front Office
6 11 (7.75%) Private Banking
6 11 (7.75%) Retail Banking
7 6 (4.23%) Back Office
7 6 (4.23%) Wholesale Banking
8 5 (3.52%) Legal
8 5 (3.52%) Marketing
9 4 (2.82%) Corporate Banking
10 2 (1.41%) Financial Institution
Libraries, Frameworks & Software Standards
1 1 (0.70%) .NET
1 1 (0.70%) ASP.NET
1 1 (0.70%) FpML
1 1 (0.70%) Gherkin
1 1 (0.70%) Middleware
1 1 (0.70%) Velocity
1 1 (0.70%) XML
Miscellaneous
1 16 (11.27%) Analytical Skills
2 6 (4.23%) Foreign Exchange (FX)
3 5 (3.52%) Credit Risk
3 5 (3.52%) Market Risk
4 4 (2.82%) Fintech
4 4 (2.82%) Online Banking
5 3 (2.11%) Fixed Income
6 2 (1.41%) Cyber Attack
6 2 (1.41%) User Experience
6 2 (1.41%) Virtual Team
7 1 (0.70%) Client/Server
7 1 (0.70%) Derivative
7 1 (0.70%) Hedge funds
7 1 (0.70%) IBM Mainframe
7 1 (0.70%) Mainframe
7 1 (0.70%) Management Information System
7 1 (0.70%) Minimum Viable Product
7 1 (0.70%) Mobile App
7 1 (0.70%) Reference Data
7 1 (0.70%) SWIFT
Operating Systems
1 2 (1.41%) Linux
2 1 (0.70%) AIX
Processes & Methodologies
1 59 (41.55%) Business Analysis
2 33 (23.24%) Stakeholder Management
3 29 (20.42%) Agile Software Development
4 16 (11.27%) Change Management
4 16 (11.27%) Target Operating Model
5 13 (9.15%) User Stories
6 11 (7.75%) KYC
6 11 (7.75%) Project Management
6 11 (7.75%) User Acceptance Testing
7 10 (7.04%) Anti-Money Laundering
8 9 (6.34%) SDLC
9 8 (5.63%) Migration
9 8 (5.63%) Risk Analysis
9 8 (5.63%) Scrum
10 6 (4.23%) Asset Management
10 6 (4.23%) Data Modelling
10 6 (4.23%) Test Scripting
11 5 (3.52%) GAP Analysis
11 5 (3.52%) Requirements Analysis
11 5 (3.52%) Stakeholder Engagement
Programming Languages
1 15 (10.56%) SQL
2 5 (3.52%) C#
3 2 (1.41%) PL/SQL
3 2 (1.41%) VB
4 1 (0.70%) C
4 1 (0.70%) Java
4 1 (0.70%) JCL
4 1 (0.70%) Python
4 1 (0.70%) Shell Script
Qualifications
1 3 (2.11%) ACCA
1 3 (2.11%) CIMA
1 3 (2.11%) ISEB
2 1 (0.70%) CBAP
2 1 (0.70%) Degree
2 1 (0.70%) IIBA
Quality Assurance & Compliance
1 11 (7.75%) MiFID
2 8 (5.63%) Basel III
2 8 (5.63%) QA
3 4 (2.82%) Dodd-Frank
3 4 (2.82%) IFRS
3 4 (2.82%) IFRS 9
4 2 (1.41%) Data Quality
4 2 (1.41%) EMIR
4 2 (1.41%) FATCA
4 2 (1.41%) IAS 39
4 2 (1.41%) SEPA
5 1 (0.70%) GCP
System Software
1 1 (0.70%) HDFS
Systems Management
1 1 (0.70%) Hadoop YARN
1 1 (0.70%) ITRS Geneos
1 1 (0.70%) Nagios
1 1 (0.70%) Thomson Reuters DACS
Vendors
1 5 (3.52%) JD Edwards
1 5 (3.52%) Oracle
2 4 (2.82%) Microsoft
3 2 (1.41%) CyberArk
3 2 (1.41%) FNZ
3 2 (1.41%) Hyperion
3 2 (1.41%) IBM
3 2 (1.41%) Murex
3 2 (1.41%) Salesforce.com
4 1 (0.70%) AppDynamics
4 1 (0.70%) Atlassian
4 1 (0.70%) Bloomberg
4 1 (0.70%) CA Agile Central
4 1 (0.70%) Dynatrace
4 1 (0.70%) Reuters
4 1 (0.70%) SAP
4 1 (0.70%) Splunk
4 1 (0.70%) Sybase
4 1 (0.70%) Temenos
London
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Posted: 15 hours ago
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