Financial Business Analyst Contracts

Business Analyst - Financial
UK

The median Business Analyst - Financial daily rate in the UK is £583 according to job vacancies posted during the 6 months to 25 April 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
25 Apr 2024
Same period 2023 Same period 2022
Rank 543 639 691
Rank change year-on-year +96 +52 -63
Contract jobs requiring a Financial Business Analyst 43 83 140
As % of all contract jobs advertised in the UK 0.099% 0.14% 0.16%
As % of the Job Titles category 0.11% 0.15% 0.17%
Number of daily rates quoted 34 69 91
10th Percentile £451 £453 £400
25th Percentile £531 £500 £463
Median daily rate (50th Percentile) £583 £525 £550
Median % change year-on-year +10.95% -4.55% +41.94%
75th Percentile £700 £575 £629
90th Percentile £750 £638 £675
UK excluding London median daily rate £800 £525 £525
% change year-on-year +52.38% - +0.48%

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 40,482 56,783 84,604
% of contract IT jobs with a recognized job title 92.77% 94.58% 95.49%
Number of daily rates quoted 26,407 39,621 59,331
10th Percentile £275 £313 £313
25th Percentile £408 £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 £725
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,642 1,607 2,111
10th Percentile £12.86 £14.28 £12.50
25th Percentile £16.30 £19.45 £15.50
Median hourly rate £35.68 £45.00 £23.00
Median % change year-on-year -20.71% +95.65% +1.41%
75th Percentile £60.00 £65.75 £48.75
90th Percentile £72.50 £75.60 £63.00
UK excluding London median hourly rate £37.50 £42.50 £19.50
% change year-on-year -11.76% +117.95% +2.63%

Financial Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Financial Business Analyst in the UK

Financial Business Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Financial Business Analyst.

Daily rate trend for Financial Business Analyst in the UK

Financial Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Financial Business Analyst over the 6 months to 25 April 2024.

Daily rate histogram for Financial Business Analyst in the UK

Financial Business Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Financial Business Analyst.

Hourly rate trend for Financial Business Analyst in the UK

Financial Business Analyst
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Business Analyst within the UK over the 6 months to 25 April 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 +84 40 £595 +13.33% 6
London +83 38 £590 +12.38% 3
Work from Home +117 21 £650 +23.81% 2
UK excluding London +57 2 £800 +52.38% 3
South East - 2 £800 - 1

Financial Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 25 April 2024, Financial Business Analyst 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 Financial Business Analyst in the job title.

1 43 (100.00%) Finance
2 21 (48.84%) Banking
3 13 (30.23%) Business Analysis
4 12 (27.91%) Requirements Gathering
5 11 (25.58%) Social Skills
6 9 (20.93%) Migration
6 9 (20.93%) Stakeholder Management
7 8 (18.60%) User Stories
8 7 (16.28%) Data Migration
8 7 (16.28%) GAP Analysis
8 7 (16.28%) User Acceptance Testing
9 6 (13.95%) Data Management
9 6 (13.95%) Agile
10 5 (11.63%) Root Cause Analysis
10 5 (11.63%) Data Quality
10 5 (11.63%) QA
10 5 (11.63%) Validation
10 5 (11.63%) Oracle
10 5 (11.63%) SharePoint
11 4 (9.30%) Asset Management
12 3 (6.98%) Degree
12 3 (6.98%) Oracle Financials
12 3 (6.98%) ERP
12 3 (6.98%) Project Management
12 3 (6.98%) Waterfall
12 3 (6.98%) Workshop Facilitation
12 3 (6.98%) Epics
12 3 (6.98%) Project Delivery
13 2 (4.65%) IFRS
13 2 (4.65%) IFRS 9

Financial Business Analyst 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 5 (11.63%) SharePoint
2 1 (2.33%) Confluence
Business Applications
1 3 (6.98%) Oracle Financials
2 2 (4.65%) Oracle EBS R12
2 2 (4.65%) Oracle Procure-to-Pay
3 1 (2.33%) Oracle Cash Management
3 1 (2.33%) Oracle EBS
3 1 (2.33%) Oracle General Ledger
3 1 (2.33%) Oracle Payables
3 1 (2.33%) Oracle Receivables
Cloud Services
1 2 (4.65%) SaaS
2 1 (2.33%) Collibra
2 1 (2.33%) OCI
Database & Business Intelligence
1 2 (4.65%) Data Warehouse
2 1 (2.33%) Tableau
Development Applications
1 1 (2.33%) JIRA
General
1 43 (100.00%) Finance
2 21 (48.84%) Banking
3 11 (25.58%) Social Skills
4 2 (4.65%) Influencing Skills
4 2 (4.65%) Investment Banking
5 1 (2.33%) Marketing
Libraries, Frameworks & Software Standards
1 2 (4.65%) Oracle Fusion
Miscellaneous
1 2 (4.65%) Greenfield Project
1 2 (4.65%) Onboarding
2 1 (2.33%) Derivative
2 1 (2.33%) Reference Data
Processes & Methodologies
1 13 (30.23%) Business Analysis
2 12 (27.91%) Requirements Gathering
3 9 (20.93%) Migration
3 9 (20.93%) Stakeholder Management
4 8 (18.60%) User Stories
5 7 (16.28%) Data Migration
5 7 (16.28%) GAP Analysis
5 7 (16.28%) User Acceptance Testing
6 6 (13.95%) Agile
6 6 (13.95%) Data Management
7 5 (11.63%) Root Cause Analysis
7 5 (11.63%) Validation
8 4 (9.30%) Asset Management
9 3 (6.98%) Epics
9 3 (6.98%) ERP
9 3 (6.98%) Project Delivery
9 3 (6.98%) Project Management
9 3 (6.98%) Waterfall
9 3 (6.98%) Workshop Facilitation
10 2 (4.65%) Business Case
Programming Languages
1 1 (2.33%) Python
1 1 (2.33%) SQL
Qualifications
1 3 (6.98%) Degree
2 2 (4.65%) BPSS Clearance
2 2 (4.65%) Security Cleared
3 1 (2.33%) ISEB
3 1 (2.33%) Oracle Certification
3 1 (2.33%) SC Cleared
Quality Assurance & Compliance
1 5 (11.63%) Data Quality
1 5 (11.63%) QA
2 2 (4.65%) EMIR
2 2 (4.65%) IFRS
2 2 (4.65%) IFRS 17
2 2 (4.65%) IFRS 9
2 2 (4.65%) MiFID
3 1 (2.33%) PMO
Vendors
1 5 (11.63%) Oracle
2 2 (4.65%) Bloomberg
2 2 (4.65%) Refinitiv
3 1 (2.33%) Anaplan
3 1 (2.33%) Salesforce