Banking Project Manager Contracts

Project Manager - Banking
UK

The median Project Manager - Banking daily rate in the UK is £550, 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 485 552 640
Rank change year-on-year +67 +88 +115
Contract jobs requiring a Banking Project Manager 35 30 78
As % of all contract jobs advertised in the UK 0.12% 0.069% 0.13%
As % of the Job Titles category 0.13% 0.074% 0.14%
Number of daily rates quoted 17 21 30
10th Percentile £355 £396 £451
25th Percentile £425 £400 £500
Median daily rate (50th Percentile) £550 £575 £550
Median % change year-on-year -4.35% +4.55% -4.35%
75th Percentile £675 £700 £626
90th Percentile £753 - £710
UK excluding London median daily rate £475 £435 £513
% change year-on-year +9.20% -15.12% +2.50%

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 Project Manager
Job Vacancy Trend

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

Job vacancy trend for Banking Project Manager in the UK

Banking Project Manager
Contractor Daily Rate Trend

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

Daily rate trend for Banking Project Manager in the UK

Banking Project Manager
Daily Rate Histogram

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

Daily rate histogram for Banking Project Manager in the UK

Banking Project Manager
Contractor Hourly Rate Trend

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

Hourly rate trend for Banking Project Manager in the UK

Banking Project Manager
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Project Manager 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 +63 32 £644 +8.38% 3
London +43 27 £675 +12.50% 2
Work from Home +45 16 £463 -6.09% 2
UK excluding London +65 8 £475 +9.20% 1
North of England +21 3 £358 -1.24%
Northern Ireland -7 3 £525 +20.69%
North West - 3 £358 -
Midlands +22 1 £725 +107.14% 1
South East - 1 £550 -
West Midlands - 1 £725 -

Banking Project Manager Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 1 May 2025, Banking Project Manager 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 Project Manager in the job title.

1 35 (100.00%) Banking
2 31 (88.57%) Finance
3 15 (42.86%) Change Management
4 14 (40.00%) Project Management
5 9 (25.71%) Agile
5 9 (25.71%) Social Skills
6 6 (17.14%) Decision-Making
7 5 (14.29%) Change Control
7 5 (14.29%) Stakeholder Management
7 5 (14.29%) Asset Management
8 4 (11.43%) Dependency Management
8 4 (11.43%) Identity Access Management
9 3 (8.57%) Budget Management
9 3 (8.57%) Project Delivery
9 3 (8.57%) Cybersecurity
9 3 (8.57%) Risk Management
9 3 (8.57%) Investment Banking
9 3 (8.57%) Business Analysis
9 3 (8.57%) Wealth Management
9 3 (8.57%) JIRA
10 2 (5.71%) Kanban
10 2 (5.71%) Retail
10 2 (5.71%) Programme Management
10 2 (5.71%) Fixed Income
10 2 (5.71%) Scrum
10 2 (5.71%) Legal
10 2 (5.71%) PRINCE2
10 2 (5.71%) Data Centre
10 2 (5.71%) SWIFT Messaging Network
10 2 (5.71%) SaaS

Banking Project Manager 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 1 (2.86%) Confluence
Business Applications
1 1 (2.86%) Finacle
Cloud Services
1 2 (5.71%) SaaS
Database & Business Intelligence
1 1 (2.86%) Data Warehouse
Development Applications
1 3 (8.57%) JIRA
General
1 35 (100.00%) Banking
2 31 (88.57%) Finance
3 9 (25.71%) Social Skills
4 3 (8.57%) Investment Banking
5 2 (5.71%) Legal
5 2 (5.71%) Retail
6 1 (2.86%) Analytical Skills
6 1 (2.86%) Private Banking
6 1 (2.86%) Retail Banking
Libraries, Frameworks & Software Standards
1 1 (2.86%) Middleware
Miscellaneous
1 2 (5.71%) Data Centre
1 2 (5.71%) Fixed Income
1 2 (5.71%) Product Ownership
1 2 (5.71%) SWIFT Messaging Network
2 1 (2.86%) Credit Risk
2 1 (2.86%) Digital Wallet
2 1 (2.86%) Enterprise Software
2 1 (2.86%) Equities
2 1 (2.86%) Foreign Exchange (FX)
2 1 (2.86%) Mainframe
2 1 (2.86%) Market Risk
Operating Systems
1 1 (2.86%) Linux
1 1 (2.86%) Windows
Processes & Methodologies
1 15 (42.86%) Change Management
2 14 (40.00%) Project Management
3 9 (25.71%) Agile
4 6 (17.14%) Decision-Making
5 5 (14.29%) Asset Management
5 5 (14.29%) Change Control
5 5 (14.29%) Stakeholder Management
6 4 (11.43%) Dependency Management
6 4 (11.43%) Identity Access Management
7 3 (8.57%) Budget Management
7 3 (8.57%) Business Analysis
7 3 (8.57%) Cybersecurity
7 3 (8.57%) Project Delivery
7 3 (8.57%) Risk Management
7 3 (8.57%) Wealth Management
8 2 (5.71%) PRINCE2
8 2 (5.71%) Programme Management
8 2 (5.71%) Regulatory Change
8 2 (5.71%) Roadmaps
8 2 (5.71%) Scrum
Programming Languages
1 1 (2.86%) C#
1 1 (2.86%) Java
1 1 (2.86%) Python
1 1 (2.86%) SQL
Qualifications
1 1 (2.86%) Degree
1 1 (2.86%) ISTQB
1 1 (2.86%) PRINCE2 Certification
Quality Assurance & Compliance
1 2 (5.71%) PSD2
2 1 (2.86%) Basel III
2 1 (2.86%) GRC
2 1 (2.86%) PMO
2 1 (2.86%) QA
System Software
1 1 (2.86%) Virtual Desktop
1 1 (2.86%) VMware Infrastructure
Vendors
1 1 (2.86%) Citrix
1 1 (2.86%) Oracle
1 1 (2.86%) Temenos
1 1 (2.86%) VMware