Private Banking Contracts

Private Banking
UK

The table below looks at the prevalence of the term Private Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Private Banking over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 504 571 698
Rank change year-on-year +67 +127 +130
Contract jobs citing Private Banking 16 11 20
As % of all contract jobs advertised in the UK 0.055% 0.025% 0.034%
As % of the General category 0.087% 0.043% 0.057%
Number of daily rates quoted 13 10 19
10th Percentile £404 £350 £550
25th Percentile £469 £431 £600
Median daily rate (50th Percentile) £600 £544 £700
Median % change year-on-year +10.34% -22.32% +14.29%
75th Percentile £638 £619 £763
90th Percentile £718 £697 £788
UK excluding London median daily rate £404 - -

All General Skills
UK

Private Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills.

Contract vacancies with a requirement for common skills 18,479 25,363 34,892
As % of all contract IT jobs advertised in the UK 63.12% 58.23% 58.47%
Number of daily rates quoted 11,802 16,004 24,197
10th Percentile £300 £275 £313
25th Percentile £409 £413 £440
Median daily rate (50th Percentile) £525 £525 £550
Median % change year-on-year - -4.55% +2.80%
75th Percentile £640 £650 £675
90th Percentile £763 £763 £775
UK excluding London median daily rate £475 £495 £500
% change year-on-year -4.04% -1.00% +5.26%
Number of hourly rates quoted 794 1,943 1,063
10th Percentile £14.00 £12.78 £13.43
25th Percentile £17.44 £15.50 £18.09
Median hourly rate £27.50 £30.00 £35.00
Median % change year-on-year -8.33% -14.29% +59.31%
75th Percentile £56.00 £52.20 £61.25
90th Percentile £75.00 £65.00 £72.50
UK excluding London median hourly rate £24.71 £28.42 £30.54
% change year-on-year -13.05% -6.94% +65.08%

Private Banking
Job Vacancy Trend

Job postings citing Private Banking as a proportion of all IT jobs advertised.

Job vacancy trend for Private Banking in the UK

Private Banking
Contractor Daily Rate Trend

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

Daily rate trend for Private Banking in the UK

Private Banking
Daily Rate Histogram

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

Daily rate histogram for Private Banking in the UK

Private Banking
Contractor Hourly Rate Trend

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

Hourly rate trend for Private Banking in the UK

Private Banking
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Private Banking 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 +59 13 £613 +12.64% 34
London +39 12 £625 +14.94% 31
UK excluding London - 4 £404 - 11
Work from Home +40 3 £600 +24.61% 8
Scotland - 3 £404 - 3
South West - 1 £469 -

Private Banking
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 4 (25.00%) MQSeries
2 1 (6.25%) SharePoint
Applications
1 1 (6.25%) Microsoft Excel
1 1 (6.25%) Microsoft PowerPoint
1 1 (6.25%) MS Visio
Business Applications
1 3 (18.75%) Finacle
2 2 (12.50%) Misys Midas
Cloud Services
1 4 (25.00%) Azure
1 4 (25.00%) Azure DevOps
Database & Business Intelligence
1 1 (6.25%) MongoDB
Development Applications
1 2 (12.50%) Git
1 2 (12.50%) JIRA
1 2 (12.50%) Postman
General
1 16 (100.00%) Banking
2 11 (68.75%) Finance
3 4 (25.00%) Analytical Skills
3 4 (25.00%) Social Skills
4 3 (18.75%) Back Office
4 3 (18.75%) Front Office
5 2 (12.50%) Legal
6 1 (6.25%) Financial Institution
6 1 (6.25%) Investment Banking
Job Titles
1 6 (37.50%) Developer
2 5 (31.25%) Analyst
3 4 (25.00%) Business Analyst
4 2 (12.50%) Analyst Developer
4 2 (12.50%) Architect
4 2 (12.50%) Project Manager
4 2 (12.50%) RPG Developer
4 2 (12.50%) Solutions Architect
4 2 (12.50%) Test Manager
5 1 (6.25%) AS400 Developer
5 1 (6.25%) Banking Analyst
5 1 (6.25%) Banking Business Analyst
5 1 (6.25%) Business Manager
5 1 (6.25%) Business Project Manager
5 1 (6.25%) Financial Analyst
5 1 (6.25%) Financial Business Analyst
5 1 (6.25%) Financial Services Business Analyst
5 1 (6.25%) Project Analyst
5 1 (6.25%) Senior Developer
5 1 (6.25%) Service Analyst
Libraries, Frameworks & Software Standards
1 4 (25.00%) XML
2 2 (12.50%) ADO
3 1 (6.25%) Express.js
3 1 (6.25%) J2EE
3 1 (6.25%) MERN Stack
3 1 (6.25%) Node.js
3 1 (6.25%) React
Miscellaneous
1 5 (31.25%) Derivative
2 4 (25.00%) AS400
2 4 (25.00%) iSeries
3 3 (18.75%) Online Banking
4 1 (6.25%) Digital Wallet
4 1 (6.25%) Equities
4 1 (6.25%) Fixed Income
4 1 (6.25%) Mobile App
4 1 (6.25%) SWIFT Messaging Network
Processes & Methodologies
1 14 (87.50%) Wealth Management
2 5 (31.25%) Agile
3 4 (25.00%) DevOps
3 4 (25.00%) Problem-Solving
4 3 (18.75%) API Testing
4 3 (18.75%) Asset Management
4 3 (18.75%) CRM
4 3 (18.75%) Mentoring
4 3 (18.75%) Portfolio Management
4 3 (18.75%) Scenario Testing
4 3 (18.75%) Scrum
4 3 (18.75%) Software Testing
4 3 (18.75%) Stakeholder Management
4 3 (18.75%) System Testing
5 2 (12.50%) Business Analysis
5 2 (12.50%) Integration Testing
5 2 (12.50%) Matrix Management
5 2 (12.50%) Project Management
5 2 (12.50%) Technical Architecture
5 2 (12.50%) Test Automation
Programming Languages
1 4 (25.00%) RPG
1 4 (25.00%) SQL
2 3 (18.75%) Java
3 1 (6.25%) RPG IV
Quality Assurance & Compliance
1 2 (12.50%) QA
2 1 (6.25%) MiFID
2 1 (6.25%) PSD2
Systems Management
1 2 (12.50%) Control-M
Vendors
1 4 (25.00%) IBM
2 3 (18.75%) Avaloq
2 3 (18.75%) Temenos
3 1 (6.25%) Oracle