The median contractor rate for a Financial Services Business Analyst was £400 per day in advertised job vacancies during the 3 months to 24 June 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 - Financial Services
UK
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 544 563 524
Rank change year-on-year +19 -39  
Contract jobs requiring a Financial Services Business Analyst 57 81 122
As % of all contract IT jobs advertised in the UK 0.12% 0.15% 0.22%
As % of the Job Titles category 0.13% 0.16% 0.23%
Number of daily rates quoted 52 63 99
Median daily rate £400 £425 £412
Median daily rate % change year-on-year -5.88% +3.28%  
90% offered a daily rate of more than £328 £325 £341
10% offered a daily rate of more than £516 £545 £550
UK excluding London median daily rate £394 £395 £375
% change year-on-year -0.31% +5.33%  
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 43829 51011 53185
As % of all contract IT job vacancies advertised in the UK 94.75% 94.87% 94.80%
Number of daily rates quoted 28353 33254 33375
Median daily rate £438 £425 £400
Median daily rate % change year-on-year +2.94% +6.25%  
90% offered a daily rate of more than £275 £260 £245
10% offered a daily rate of more than £600 £600 £570
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 1353 1511 2053
Median hourly rate £18.00 £17.50 £16.50
Median hourly rate % change year-on-year +2.85% +6.06%  
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £44.00 £40.00
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Financial Services Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Financial Services Business Analyst over the 3 months to 24 June 2017.

Contractor daily rate histogram for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Financial Services Business Analyst in the UK

Financial Services 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 Financial Services Business Analyst within the UK over the 3 months to 24 June 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 +33 52 £419 -1.47% 4
South East +29 16 £469 +17.18%
Yorkshire +32 15 £388 -0.64% 1
West Yorkshire +34 14 £388 -0.64%
Surrey +10 8 £413 -8.33%
London -10 8 £525 +10.52% 3
East Sussex - 7 £475 -
Leeds +25 5 £388 -13.88%
South West +8 5 £350 +23.34%
West Midlands +28 4 £428 +15.93%
Halifax +9 3 £320 -10.61%
Wales 0 3 £375 +7.14%
South Wales -2 3 £375 +7.14%
Cardiff - 3 £375 -
Gloucestershire - 3 £350 -
Scotland +36 2 £365 -8.81%
Birmingham +15 2 £428 +55.45%
Edinburgh +13 2 £365 -2.73%
Epsom - 2 £400 -
North West +17 1 £325 -2.18%
Manchester +8 1 £325 -2.18%
Northamptonshire -3 1 - -
City of London -5 1 £520 +30.16% 1
East Midlands -9 1 - -
North East - 1 - -
West Bromwich - 1 £450 -
Warwickshire - 1 £400 -
Brighton - 1 £450 -
Northampton - 1 - -
Guildford - 1 £413 -

Financial Services Business Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 24 June 2017, Financial Services 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 Financial Services Business Analyst in the job title.

1 101 (100.00%) Finance
2 43 (42.57%) Business Analysis
3 35 (34.65%) Agile Software Development
4 23 (22.77%) Banking
5 17 (16.83%) Waterfall
5 17 (16.83%) Stakeholder Management
6 16 (15.84%) Analytical Skills
7 13 (12.87%) Change Management
8 10 (9.90%) Project Management
9 9 (8.91%) ISEB
9 9 (8.91%) PRINCE2
10 8 (7.92%) MS Visio
10 8 (7.92%) MiFID
11 7 (6.93%) BPMN
11 7 (6.93%) Systems Analysis
11 7 (6.93%) Data Analysis
11 7 (6.93%) GAP Analysis
11 7 (6.93%) SDLC
12 6 (5.94%) EMIR
12 6 (5.94%) IIBA
12 6 (5.94%) Change Control
12 6 (5.94%) Workflow
12 6 (5.94%) Use Case
13 5 (4.95%) User Acceptance Testing
13 5 (4.95%) QA
13 5 (4.95%) Investment Management
13 5 (4.95%) Retail
13 5 (4.95%) Retail Banking
13 5 (4.95%) Scrum
13 5 (4.95%) Microsoft

Financial Services 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 2 (1.98%) Confluence
Applications
1 8 (7.92%) MS Visio
2 3 (2.97%) Microsoft Excel
3 1 (0.99%) Microsoft PowerPoint
Business Applications
1 2 (1.98%) Workday HCM
2 1 (0.99%) Salesforce.com CRM
Cloud Services
1 1 (0.99%) Amazon AWS
Communications & Networking
1 2 (1.98%) Internet
Database & Business Intelligence
1 2 (1.98%) Blockchain
2 1 (0.99%) Data Warehouse
2 1 (0.99%) IBM InfoSphere
2 1 (0.99%) MS Access
Development Applications
1 3 (2.97%) JIRA
General
1 101 (100.00%) Finance
2 23 (22.77%) Banking
3 5 (4.95%) Retail
3 5 (4.95%) Retail Banking
4 3 (2.97%) Back Office
4 3 (2.97%) Investment Banking
5 1 (0.99%) Front Office
5 1 (0.99%) General Ledger
5 1 (0.99%) Legal
5 1 (0.99%) Publishing
5 1 (0.99%) Telecoms
Libraries, Frameworks & Software Standards
1 3 (2.97%) XML
2 1 (0.99%) Web Services
Miscellaneous
1 16 (15.84%) Analytical Skills
2 4 (3.96%) Management Information System
3 3 (2.97%) Reference Data
4 2 (1.98%) Derivative
4 2 (1.98%) Foreign Exchange (FX)
4 2 (1.98%) SWIFT
5 1 (0.99%) Data Structures
5 1 (0.99%) Equities
5 1 (0.99%) Equity Derivative
5 1 (0.99%) Fintech
5 1 (0.99%) Fixed Income
5 1 (0.99%) Greenfield Project
5 1 (0.99%) Interest Rate Derivative
5 1 (0.99%) Public Cloud
5 1 (0.99%) Swaptions
Processes & Methodologies
1 43 (42.57%) Business Analysis
2 35 (34.65%) Agile Software Development
3 17 (16.83%) Stakeholder Management
3 17 (16.83%) Waterfall
4 13 (12.87%) Change Management
5 10 (9.90%) Project Management
6 9 (8.91%) PRINCE2
7 7 (6.93%) BPMN
7 7 (6.93%) Data Analysis
7 7 (6.93%) GAP Analysis
7 7 (6.93%) SDLC
7 7 (6.93%) Systems Analysis
8 6 (5.94%) Change Control
8 6 (5.94%) Use Case
8 6 (5.94%) Workflow
9 5 (4.95%) Business Intelligence
9 5 (4.95%) Investment Management
9 5 (4.95%) Scrum
9 5 (4.95%) User Acceptance Testing
9 5 (4.95%) User Stories
Programming Languages
1 3 (2.97%) SQL
2 2 (1.98%) Python
3 1 (0.99%) C#
3 1 (0.99%) R
3 1 (0.99%) VBA
Qualifications
1 9 (8.91%) ISEB
2 6 (5.94%) IIBA
3 3 (2.97%) CBAP
4 2 (1.98%) Degree
5 1 (0.99%) PRINCE2 Certification
Quality Assurance & Compliance
1 8 (7.92%) MiFID
2 6 (5.94%) EMIR
3 5 (4.95%) QA
4 3 (2.97%) Dodd-Frank
4 3 (2.97%) GDPR
5 2 (1.98%) FATCA
5 2 (1.98%) ISO 9000
6 1 (0.99%) Data Quality
6 1 (0.99%) PMO
Vendors
1 5 (4.95%) Microsoft
2 2 (1.98%) Workday
3 1 (0.99%) GoldenSource
3 1 (0.99%) IBM
3 1 (0.99%) Microgen
3 1 (0.99%) Progress
3 1 (0.99%) Salesforce.com
3 1 (0.99%) SAP