Banking Project Manager Contracts

Project Manager - Banking
UK

The median Project Manager - Banking daily rate in the UK is £575 according to job vacancies posted during the 6 months to 7 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
7 May 2024
Same period 2023 Same period 2022
Rank 557 621 742
Rank change year-on-year +64 +121 -121
Contract jobs requiring a Banking Project Manager 28 72 107
As % of all contract jobs advertised in the UK 0.065% 0.12% 0.12%
As % of the Job Titles category 0.070% 0.13% 0.13%
Number of daily rates quoted 21 30 59
10th Percentile £396 £451 £445
25th Percentile £400 £500 £513
Median daily rate (50th Percentile) £575 £550 £575
Median % change year-on-year +4.55% -4.35% +15.00%
75th Percentile £700 £626 £655
90th Percentile - £710 £739
UK excluding London median daily rate £435 £513 £525
% change year-on-year -15.12% -2.38% +31.25%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes 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 39,719 54,978 83,963
% of contract IT jobs with a recognized job title 92.74% 94.64% 95.46%
Number of daily rates quoted 25,839 38,395 59,001
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,655 1,545 2,052
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.25 £15.63
Median hourly rate £36.50 £45.00 £23.91
Median % change year-on-year -18.89% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.74 £76.40 £63.75
UK excluding London median hourly rate £40.00 £42.50 £19.52
% change year-on-year -5.88% +117.73% +2.74%

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 7 May 2024.

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 7 May 2024. 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 +69 24 £594 +5.60%
London +56 20 £600 -
Work from Home +85 12 £493 -10.45%
UK excluding London +67 6 £435 -15.12%
East of England - 2 £575 -
Northern Ireland - 2 £435 -
Yorkshire +21 1 £363 -34.09%
North of England +20 1 £363 -34.09%
East Midlands - 1 £350 -
Midlands - 1 £350 -

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

For the 6 months to 7 May 2024, 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 28 (100.00%) Banking
2 21 (75.00%) Finance
3 13 (46.43%) Project Management
4 10 (35.71%) Agile
5 7 (25.00%) Social Skills
6 6 (21.43%) Roadmaps
6 6 (21.43%) Problem-Solving
6 6 (21.43%) SWIFT Messaging Network
7 5 (17.86%) Scrum
8 4 (14.29%) Data Mapping
8 4 (14.29%) Financial Institution
8 4 (14.29%) Risk Management
8 4 (14.29%) PRINCE2
8 4 (14.29%) Calypso
8 4 (14.29%) User Acceptance Testing
8 4 (14.29%) ISO 20022
8 4 (14.29%) Regulatory Compliance
8 4 (14.29%) Requirements Gathering
8 4 (14.29%) Organisational Skills
8 4 (14.29%) Influencing Skills
9 3 (10.71%) Business Case
9 3 (10.71%) Decision-Making
9 3 (10.71%) Contract Negotiation
9 3 (10.71%) SDLC
9 3 (10.71%) Stakeholder Engagement
9 3 (10.71%) DevOps
9 3 (10.71%) PMP
9 3 (10.71%) PMI Certification
9 3 (10.71%) SQL
9 3 (10.71%) Six Sigma

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 (3.57%) Confluence
Applications
1 1 (3.57%) Microsoft Excel
1 1 (3.57%) Microsoft PowerPoint
1 1 (3.57%) Microsoft Project
Business Applications
1 2 (7.14%) Temenos T24
2 1 (3.57%) Summit
Cloud Services
1 1 (3.57%) Apple Pay
1 1 (3.57%) Asana
1 1 (3.57%) Google Pay
1 1 (3.57%) SaaS
Communications & Networking
1 1 (3.57%) RTP
Development Applications
1 3 (10.71%) JIRA
General
1 28 (100.00%) Banking
2 21 (75.00%) Finance
3 7 (25.00%) Social Skills
4 4 (14.29%) Financial Institution
4 4 (14.29%) Influencing Skills
4 4 (14.29%) Organisational Skills
5 2 (7.14%) Analytical Skills
5 2 (7.14%) Back Office
5 2 (7.14%) Retail Banking
6 1 (3.57%) Investment Banking
6 1 (3.57%) Private Banking
6 1 (3.57%) Retail
Miscellaneous
1 6 (21.43%) SWIFT Messaging Network
2 2 (7.14%) Cloud Native
2 2 (7.14%) Credit Risk
2 2 (7.14%) Mobile Banking
3 1 (3.57%) Self-Motivation
Processes & Methodologies
1 13 (46.43%) Project Management
2 10 (35.71%) Agile
3 6 (21.43%) Problem-Solving
3 6 (21.43%) Roadmaps
4 5 (17.86%) Scrum
5 4 (14.29%) Data Mapping
5 4 (14.29%) PRINCE2
5 4 (14.29%) Regulatory Compliance
5 4 (14.29%) Requirements Gathering
5 4 (14.29%) Risk Management
5 4 (14.29%) User Acceptance Testing
6 3 (10.71%) Business Case
6 3 (10.71%) Contract Negotiation
6 3 (10.71%) Decision-Making
6 3 (10.71%) DevOps
6 3 (10.71%) Lean Six Sigma
6 3 (10.71%) Migration
6 3 (10.71%) SDLC
6 3 (10.71%) Six Sigma
6 3 (10.71%) Stakeholder Engagement
Programming Languages
1 3 (10.71%) SQL
2 2 (7.14%) Python
Qualifications
1 3 (10.71%) Degree
1 3 (10.71%) PMI Certification
1 3 (10.71%) PMP
Quality Assurance & Compliance
1 4 (14.29%) ISO 20022
Vendors
1 4 (14.29%) Calypso
2 2 (7.14%) Temenos
3 1 (3.57%) Apple
3 1 (3.57%) Google
3 1 (3.57%) Microsoft
3 1 (3.57%) Oracle
3 1 (3.57%) ServiceNow