Payments Business Analyst Contracts

Business Analyst - Payments (Payments BA)
UK

The median Business Analyst - Payments (Payments BA) daily rate in the UK is £650 according to job vacancies posted during the 6 months to 5 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
5 May 2024
Same period 2023 Same period 2022
Rank 569 708 810
Rank change year-on-year +139 +102 -121
Contract jobs requiring a Payments Business Analyst 31 8 53
As % of all contract jobs advertised in the UK 0.072% 0.014% 0.060%
As % of the Job Titles category 0.077% 0.014% 0.063%
Number of daily rates quoted 24 7 37
10th Percentile £404 £548 £413
25th Percentile £496 £575 £513
Median daily rate (50th Percentile) £650 £675 £575
Median % change year-on-year -3.70% +17.39% +10.58%
75th Percentile £700 £713 £650
90th Percentile - £738 £690
UK excluding London median daily rate £415 £563 £375
% change year-on-year -26.22% +50.00% -

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 40,029 55,895 84,701
% of contract IT jobs with a recognized job title 92.75% 94.62% 95.46%
Number of daily rates quoted 26,060 39,048 59,505
10th Percentile £280 £313 £313
25th Percentile £409 £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 2,665 1,566 2,078
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.11 £15.72
Median hourly rate £36.50 £45.00 £23.60
Median % change year-on-year -18.89% +90.68% +4.89%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.50 £76.00 £63.75
UK excluding London median hourly rate £40.00 £42.00 £19.52
% change year-on-year -4.76% +115.16% +2.74%

Payments Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Payments Business Analyst in the UK

Payments Business Analyst
Contractor Daily Rate Trend

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

Daily rate trend for Payments Business Analyst in the UK

Payments Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Payments Business Analyst over the 6 months to 5 May 2024.

Daily rate histogram for Payments Business Analyst in the UK

Payments Business Analyst
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Payments Business Analyst within the UK over the 6 months to 5 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 +136 23 £700 +3.70% 1
Work from Home +147 20 £650 -
London +128 20 £700 +3.70% 1
UK excluding London +59 3 £415 -26.22%
South West +23 1 - -
South East - 1 £340 -
Scotland - 1 £490 -

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

For the 6 months to 5 May 2024, Payments 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 Payments Business Analyst in the job title.

1 22 (70.97%) Finance
2 21 (67.74%) Banking
3 19 (61.29%) SWIFT Messaging Network
4 18 (58.06%) SEPA
5 14 (45.16%) Social Skills
6 10 (32.26%) Agile
7 9 (29.03%) Business Analysis
8 6 (19.35%) Stakeholder Management
8 6 (19.35%) Analytical Skills
9 5 (16.13%) Foreign Exchange (FX)
9 5 (16.13%) Regulatory Compliance
10 4 (12.90%) Epics
10 4 (12.90%) Requirements Gathering
10 4 (12.90%) Bloomberg
10 4 (12.90%) Project Management
10 4 (12.90%) Financial Institution
10 4 (12.90%) Scrum
10 4 (12.90%) EMIR
10 4 (12.90%) MiFID
10 4 (12.90%) Data Mapping
11 3 (9.68%) Degree
11 3 (9.68%) User Acceptance Testing
11 3 (9.68%) Waterfall
11 3 (9.68%) User Stories
11 3 (9.68%) Calypso
11 3 (9.68%) Documentation Skills
11 3 (9.68%) Problem-Solving
11 3 (9.68%) Data-Driven Decision Making
11 3 (9.68%) Product Ownership
12 2 (6.45%) GDPR

Payments 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 1 (3.23%) Confluence
Applications
1 2 (6.45%) Microsoft Excel
1 2 (6.45%) Microsoft PowerPoint
1 2 (6.45%) MS Visio
Business Applications
1 1 (3.23%) IntelliMatch
Cloud Services
1 2 (6.45%) Azure
1 2 (6.45%) Azure DevOps
Development Applications
1 1 (3.23%) JIRA
General
1 22 (70.97%) Finance
2 21 (67.74%) Banking
3 14 (45.16%) Social Skills
4 6 (19.35%) Analytical Skills
5 4 (12.90%) Financial Institution
6 3 (9.68%) Documentation Skills
7 2 (6.45%) Investment Banking
8 1 (3.23%) French Language
Libraries, Frameworks & Software Standards
1 1 (3.23%) ADO
Miscellaneous
1 19 (61.29%) SWIFT Messaging Network
2 5 (16.13%) Foreign Exchange (FX)
3 3 (9.68%) Product Ownership
4 2 (6.45%) Derivative
5 1 (3.23%) Legacy Systems
5 1 (3.23%) PMI
5 1 (3.23%) Self-Motivation
Processes & Methodologies
1 10 (32.26%) Agile
2 9 (29.03%) Business Analysis
3 6 (19.35%) Stakeholder Management
4 5 (16.13%) Regulatory Compliance
5 4 (12.90%) Data Mapping
5 4 (12.90%) Epics
5 4 (12.90%) Project Management
5 4 (12.90%) Requirements Gathering
5 4 (12.90%) Scrum
6 3 (9.68%) Data-Driven Decision Making
6 3 (9.68%) Problem-Solving
6 3 (9.68%) User Acceptance Testing
6 3 (9.68%) User Stories
6 3 (9.68%) Waterfall
7 2 (6.45%) Acceptance Criteria
7 2 (6.45%) Business Process Modelling
7 2 (6.45%) DevOps
7 2 (6.45%) Impact Assessments
7 2 (6.45%) SDLC
7 2 (6.45%) Swim Lanes
Qualifications
1 3 (9.68%) Degree
2 1 (3.23%) CBAP
2 1 (3.23%) PMI Certification
Quality Assurance & Compliance
1 18 (58.06%) SEPA
2 4 (12.90%) EMIR
2 4 (12.90%) MiFID
3 2 (6.45%) GDPR
3 2 (6.45%) ISO 20022
3 2 (6.45%) ISO 8583
3 2 (6.45%) PCI DSS
3 2 (6.45%) PSD2
4 1 (3.23%) QA
4 1 (3.23%) TARGET2
Vendors
1 4 (12.90%) Bloomberg
2 3 (9.68%) Calypso
3 2 (6.45%) Refinitiv
3 2 (6.45%) Reuters