Period
to 25 July 2017

The median contractor rate for a Banking Business Analyst was £475 per day in advertised job vacancies during the 6 months to 25 July 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
6 months to
25 Jul 2017
Same period 2016 Same period 2015
Rank 618 597 531
Rank change year-on-year -21 -66 +87
Contract jobs requiring a Banking Business Analyst 224 325 383
As % of all contract IT jobs advertised in the UK 0.24% 0.30% 0.34%
As % of the Job Titles category 0.25% 0.31% 0.36%
Number of daily rates quoted 169 214 307
UK median daily rate £475 £425 £420
Median daily rate % change year-on-year +11.76% +1.19% -11.58%
10th Percentile £342 £313 £335
90th Percentile £625 £575 £575
UK excluding London median daily rate £405 £400 £375
% change year-on-year +1.25% +6.67% -6.25%
Number of hourly rates quoted 0 0 0
UK 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 90227 104434 107865
As % of all contract IT job vacancies advertised in the UK 94.82% 95.01% 94.84%
Number of daily rates quoted 58501 67966 66791
UK median daily rate £430 £425 £400
Median daily rate % change year-on-year +1.18% +6.25% +1.01%
10th Percentile £263 £256 £233
90th Percentile £619 £600 £588
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.23% +3.33% +7.14%
Number of hourly rates quoted 2891 3103 4169
UK median hourly rate £18.50 £19.00 £17.50
Median hourly rate % change year-on-year -2.63% +8.57% +2.94%
10th Percentile £10.96 £10.44 £10.50
90th Percentile £50.00 £47.38 £45.00
UK excluding London median hourly rate £17.50 £19.00 £17.00
% change year-on-year -7.89% +11.76% +1.49%

Banking Business Analyst
Job Vacancy Trend

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

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 6 months to 25 July 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 16 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 6 months to 25 July 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 -19 205 £475 +11.76% 14
London -44 130 £525 +17.85% 12
UK excluding London +27 94 £405 +1.25% 5
North of England +82 38 £393 +2.68%
North West +60 29 £400 +2.43%
Midlands +31 17 £475 - 1
East Midlands -2 14 £475 -2.56% 1
Scotland +44 13 £365 +13.71% 3
South East -13 10 £415 +10.67%
South West +6 9 £355 -11.53% 1
Yorkshire +15 8 £357 -7.57%
Wales +1 5 £344 -23.67%
West Midlands +34 3 £350 -22.22%
North East +52 1 £550 +197.30%
East of England -15 1 £550 +18.92%
Northern Ireland -44 1 £405 +55.77%

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

For the 6 months to 25 July 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.

1 224 (100.00%) Banking
2 128 (57.14%) Finance
3 115 (51.34%) Business Analysis
4 59 (26.34%) Stakeholder Management
5 54 (24.11%) Retail
6 49 (21.88%) Agile Software Development
7 37 (16.52%) Investment Banking
8 33 (14.73%) Analytical Skills
9 28 (12.50%) Front Office
10 27 (12.05%) User Acceptance Testing
11 23 (10.27%) Private Banking
11 23 (10.27%) Microsoft
12 22 (9.82%) MiFID
13 21 (9.38%) SQL
14 17 (7.59%) Target Operating Model
14 17 (7.59%) Retail Banking
14 17 (7.59%) User Stories
15 16 (7.14%) QA
15 16 (7.14%) Migration
15 16 (7.14%) CRM
16 15 (6.70%) Scrum
16 15 (6.70%) SDLC
17 14 (6.25%) Investment Management
17 14 (6.25%) Fixed Income
17 14 (6.25%) MS Visio
17 14 (6.25%) Microsoft Excel
17 14 (6.25%) Project Management
18 13 (5.80%) Microsoft Office
18 13 (5.80%) Wealth Management
18 13 (5.80%) Use Case

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 8 (3.57%) Confluence
1 8 (3.57%) SharePoint
2 4 (1.79%) BizTalk Server
2 4 (1.79%) Skype for Business
3 2 (0.89%) Oracle Workflow
4 1 (0.45%) SAS
Applications
1 14 (6.25%) Microsoft Excel
1 14 (6.25%) MS Visio
2 13 (5.80%) Microsoft Office
3 7 (3.13%) Microsoft PowerPoint
4 6 (2.68%) Microsoft Project
5 2 (0.89%) Spreadsheet
Business Applications
1 8 (3.57%) Dynamics CRM
2 4 (1.79%) Temenos T24
3 2 (0.89%) FLEXCUBE
3 2 (0.89%) Loan IQ
3 2 (0.89%) Temenos Globus
4 1 (0.45%) Hyperion Planning
4 1 (0.45%) Kondor
4 1 (0.45%) NetSuite
Cloud Services
1 4 (1.79%) Microsoft Azure
1 4 (1.79%) Office 365
1 4 (1.79%) Yammer
2 2 (0.89%) Amazon AWS
Communications & Networking
1 3 (1.34%) ATM
2 1 (0.45%) Internet
2 1 (0.45%) SMS
Database & Business Intelligence
1 11 (4.91%) SQL Server
2 6 (2.68%) Data Warehouse
3 4 (1.79%) Big Data
3 4 (1.79%) Hadoop
4 1 (0.45%) Data Lake
4 1 (0.45%) Data Mining
4 1 (0.45%) Essbase
4 1 (0.45%) OLAP
4 1 (0.45%) Oracle OLAP
Development Applications
1 12 (5.36%) JIRA
2 1 (0.45%) Cucumber
2 1 (0.45%) Team Foundation Server
2 1 (0.45%) Visual Studio
General
1 224 (100.00%) Banking
2 128 (57.14%) Finance
3 54 (24.11%) Retail
4 37 (16.52%) Investment Banking
5 28 (12.50%) Front Office
6 23 (10.27%) Private Banking
7 17 (7.59%) Retail Banking
8 10 (4.46%) Marketing
9 7 (3.13%) Legal
10 6 (2.68%) Financial Institution
11 5 (2.23%) Back Office
12 3 (1.34%) Corporate Banking
13 2 (0.89%) Wholesale Banking
14 1 (0.45%) Advertising
Libraries, Frameworks & Software Standards
1 1 (0.45%) FpML
1 1 (0.45%) Gherkin
1 1 (0.45%) Velocity
1 1 (0.45%) XML
Miscellaneous
1 33 (14.73%) Analytical Skills
2 14 (6.25%) Fixed Income
3 11 (4.91%) Equities
4 7 (3.13%) Online Banking
5 6 (2.68%) Foreign Exchange (FX)
5 6 (2.68%) Management Information System
6 5 (2.23%) Market Risk
7 4 (1.79%) Cyberthreat
7 4 (1.79%) Derivative
7 4 (1.79%) User Experience
8 3 (1.34%) Credit Risk
8 3 (1.34%) Reference Data
8 3 (1.34%) Virtual Team
9 2 (0.89%) Fintech
10 1 (0.45%) Data Centre
10 1 (0.45%) Equity Derivative
10 1 (0.45%) Greenfield Project
10 1 (0.45%) Hedge funds
10 1 (0.45%) Mobile App
10 1 (0.45%) OTC Derivatives
Operating Systems
1 5 (2.23%) Windows
2 1 (0.45%) AIX
Processes & Methodologies
1 115 (51.34%) Business Analysis
2 59 (26.34%) Stakeholder Management
3 49 (21.88%) Agile Software Development
4 27 (12.05%) User Acceptance Testing
5 17 (7.59%) Target Operating Model
5 17 (7.59%) User Stories
6 16 (7.14%) CRM
6 16 (7.14%) Migration
7 15 (6.70%) Scrum
7 15 (6.70%) SDLC
8 14 (6.25%) Investment Management
8 14 (6.25%) Project Management
9 13 (5.80%) Use Case
9 13 (5.80%) Wealth Management
10 11 (4.91%) Change Management
10 11 (4.91%) Requirements Analysis
11 10 (4.46%) Analytics
12 9 (4.02%) Requirements Management
12 9 (4.02%) Risk Management
12 9 (4.02%) Stakeholder Engagement
Programming Languages
1 21 (9.38%) SQL
2 6 (2.68%) C#
3 3 (1.34%) R
4 2 (0.89%) VB
4 2 (0.89%) VBA
5 1 (0.45%) C
Qualifications
1 5 (2.23%) ISEB
2 4 (1.79%) ACCA
2 4 (1.79%) CIMA
3 3 (1.34%) Degree
4 2 (0.89%) CCA
4 2 (0.89%) ISTQB
Quality Assurance & Compliance
1 22 (9.82%) MiFID
2 16 (7.14%) QA
3 11 (4.91%) GDPR
4 10 (4.46%) Dodd-Frank
5 9 (4.02%) EMIR
6 8 (3.57%) Basel III
7 4 (1.79%) ISO/IEC 27001
8 3 (1.34%) ISO 8583
8 3 (1.34%) PMO
9 2 (0.89%) IAS 39
9 2 (0.89%) IFRS
9 2 (0.89%) IFRS 9
9 2 (0.89%) SEPA
10 1 (0.45%) AIFMD
10 1 (0.45%) Data Quality
10 1 (0.45%) FATCA
10 1 (0.45%) FINREP
10 1 (0.45%) GCP
Systems Management
1 1 (0.45%) DatAdvantage
Vendors
1 23 (10.27%) Microsoft
2 8 (3.57%) Salesforce.com
3 7 (3.13%) Oracle
4 6 (2.68%) JD Edwards
5 5 (2.23%) Bloomberg
6 4 (1.79%) ArcSight
6 4 (1.79%) Splunk
7 3 (1.34%) Temenos
8 2 (0.89%) Fidessa
8 2 (0.89%) Google
8 2 (0.89%) Hyperion
8 2 (0.89%) Murex
8 2 (0.89%) Netezza
8 2 (0.89%) Sophis
9 1 (0.45%) Atlassian
9 1 (0.45%) CA Agile Central
9 1 (0.45%) Misys
9 1 (0.45%) Reuters
9 1 (0.45%) SAP
9 1 (0.45%) Varonis
City, London
Eames Consulting
Rate: £500 - £600 per day
Posted: 35 minutes ago
Bristol, Avon
Elevate Direct
Rate: £360 per day
Posted: 6 days ago