Period
to 20 January 2021

The table below looks at the prevalence of the term Retail Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Retail Banking over the 6 months to 20 January 2021 with a comparison to the same period over 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.

Retail Banking
UK
6 months to
20 Jan 2021
Same period 2020 Same period 2019
Rank 420 507 445
Rank change year-on-year +87 -62 -171
Contract jobs citing Retail Banking 175 243 508
As % of all contract jobs advertised in the UK 0.42% 0.34% 0.52%
As % of the General category 1.04% 0.90% 1.29%
Number of daily rates quoted 167 133 372
Median daily rate £500 £525 £505
Median daily rate % change year-on-year -4.76% +3.96% +12.22%
10th Percentile £367 £344 £315
90th Percentile £643 £775 £725
UK excluding London median daily rate £438 £494 £475
% change year-on-year -11.39% +3.95% +12.29%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Retail Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.

All General Skills
UK
Contract vacancies with a requirement for common skills 16,894 27,130 39,404
As % of all contract IT jobs advertised in the UK 40.51% 37.53% 40.19%
Number of daily rates quoted 11,377 17,887 26,223
Median daily rate £490 £475 £475
Median daily rate % change year-on-year +3.16% - +2.70%
10th Percentile £296 £273 £300
90th Percentile £700 £675 £675
UK excluding London median daily rate £425 £431 £425
% change year-on-year -1.33% +1.35% +3.66%
Number of hourly rates quoted 631 818 1,006
Median hourly rate £25.00 £20.00 £20.00
Median hourly rate % change year-on-year +25.00% - -4.76%
10th Percentile £12.50 £12.44 £11.85
90th Percentile £52.75 £50.00 £47.50
Median hourly rate £23.32 £19.00 £20.00
% change year-on-year +22.74% -5.00% -2.44%

Retail Banking
Job Vacancy Trend

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

Job vacancy trend for Retail Banking in the UK

Retail Banking
Contractor Daily Rate Trend

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

Daily rate trend for Retail Banking in the UK

Retail Banking
Daily Rate Histogram

Daily rate distribution for jobs citing Retail Banking over the 6 months to 20 January 2021.

Daily rate histogram for Retail Banking in the UK

Retail Banking
Contractor Hourly Rate Trend

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

Hourly rate trend for Retail Banking in the UK

Retail Banking
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 Retail Banking within the UK over the 6 months to 20 January 2021. 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
Job
Vacancies
England +101 115 £493 -6.10% 33
London +71 98 £500 -11.11% 22
Work from Home -124 65 £500 +11.11% 5
UK excluding London +132 44 £438 -11.39% 17
Scotland +29 29 £418 -14.36% 6
North of England +76 12 £481 -3.90% 7
Yorkshire +52 12 £481 -3.90% 1
Midlands +59 2 £275 -50.00% 3
South West +79 1 £263 -35.98% 1
West Midlands +44 1 - - 1

For the 6 months to 20 January 2021, IT contractor jobs citing Retail Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads with a requirement for Retail Banking.

1 158 (90.29%) Banking
2 89 (50.86%) Finance
3 59 (33.71%) Agile Software Development
4 39 (22.29%) Java
5 37 (21.14%) DevOps
6 32 (18.29%) Test Automation
7 26 (14.86%) Python
7 26 (14.86%) JIRA
8 24 (13.71%) BDD
8 24 (13.71%) Change Management
8 24 (13.71%) Digital Transformation Programme
9 22 (12.57%) Microservices
9 22 (12.57%) Jenkins
9 22 (12.57%) Azure
10 21 (12.00%) Spring
11 20 (11.43%) AWS
11 20 (11.43%) Cucumber
12 19 (10.86%) Investment Banking
12 19 (10.86%) Wealth Management
13 18 (10.29%) Retail
13 18 (10.29%) Stakeholder Management
13 18 (10.29%) User Stories
13 18 (10.29%) Mobile App
14 17 (9.71%) SQL
15 16 (9.14%) Terraform
15 16 (9.14%) Problem-Solving
16 15 (8.57%) GCP
16 15 (8.57%) SDLC
16 15 (8.57%) Scrum
16 15 (8.57%) Selenium

Retail Banking
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 14 (8.00%) Confluence
2 7 (4.00%) Apache Spark
3 3 (1.71%) Apache Airflow
3 3 (1.71%) SharePoint
4 2 (1.14%) Apache
4 2 (1.14%) SAS
5 1 (0.57%) Anypoint
5 1 (0.57%) Appian
5 1 (0.57%) Cloud Foundry
5 1 (0.57%) IIS
5 1 (0.57%) Mule
5 1 (0.57%) Skype for Business
Applications
1 3 (1.71%) InVision
1 3 (1.71%) Sketch
2 1 (0.57%) Microsoft Excel
2 1 (0.57%) Microsoft PowerPoint
2 1 (0.57%) MS Visio
Business Applications
1 1 (0.57%) Dynamics CRM
Cloud Services
1 22 (12.57%) Azure
2 20 (11.43%) AWS
3 15 (8.57%) GCP
4 8 (4.57%) Cloud Functions
4 8 (4.57%) SaaS
5 6 (3.43%) GitHub
6 5 (2.86%) Slack
7 4 (2.29%) IaaS
7 4 (2.29%) Office 365
7 4 (2.29%) PaaS
8 3 (1.71%) Amazon EMR
8 3 (1.71%) BrowserStack
8 3 (1.71%) Dynamics 365
8 3 (1.71%) Sauce Labs
8 3 (1.71%) Serverless
9 2 (1.14%) Power Platform
10 1 (0.57%) Amazon ECS
10 1 (0.57%) Amazon EKS
10 1 (0.57%) npm
10 1 (0.57%) PowerApps
Communications & Networking
1 4 (2.29%) Firewall
1 4 (2.29%) HTTP
1 4 (2.29%) HTTPS
2 3 (1.71%) SSL
3 2 (1.14%) ATM
3 2 (1.14%) Internet
3 2 (1.14%) VPN
3 2 (1.14%) WAN
4 1 (0.57%) DMZ
4 1 (0.57%) Skype
Database & Business Intelligence
1 11 (6.29%) Relational Database
2 9 (5.14%) RDBMS
3 7 (4.00%) NoSQL
4 6 (3.43%) Big Data
4 6 (3.43%) Hadoop
5 4 (2.29%) Amazon Redshift
5 4 (2.29%) Data Warehouse
5 4 (2.29%) Oracle Database
6 3 (1.71%) Amazon RDS
6 3 (1.71%) Oracle Database 11g
6 3 (1.71%) Oracle Database 12c
7 2 (1.14%) BigQuery
7 2 (1.14%) MySQL
7 2 (1.14%) Power BI
8 1 (0.57%) Amazon Athena
8 1 (0.57%) Data Lake
8 1 (0.57%) Hazelcast
8 1 (0.57%) MariaDB
8 1 (0.57%) MongoDB
8 1 (0.57%) Redis
Development Applications
1 26 (14.86%) JIRA
2 22 (12.57%) Jenkins
3 20 (11.43%) Cucumber
4 15 (8.57%) Git (software)
4 15 (8.57%) Selenium
5 13 (7.43%) Maven
6 5 (2.86%) Eclipse
6 5 (2.86%) JUnit
7 4 (2.29%) Mockito
7 4 (2.29%) Sonatype Nexus
8 3 (1.71%) Android Studio
8 3 (1.71%) Appium
8 3 (1.71%) CocoaPods
8 3 (1.71%) IntelliJ
8 3 (1.71%) Robot Framework
8 3 (1.71%) WebDriver
8 3 (1.71%) Xcode
9 2 (1.14%) JMeter
9 2 (1.14%) LoadRunner
9 2 (1.14%) SonarQube
General
1 158 (90.29%) Banking
2 89 (50.86%) Finance
3 19 (10.86%) Investment Banking
4 18 (10.29%) Retail
5 10 (5.71%) Corporate Banking
6 8 (4.57%) Financial Institution
7 5 (2.86%) Telecoms
8 3 (1.71%) Automotive
8 3 (1.71%) Marketing
9 2 (1.14%) Retail Finance
10 1 (0.57%) Front Office
10 1 (0.57%) German Language
10 1 (0.57%) Law
10 1 (0.57%) Legal
10 1 (0.57%) Publishing
Job Titles
1 34 (19.43%) Developer
2 28 (16.00%) Architect
3 27 (15.43%) Analyst
4 18 (10.29%) Business Analyst
5 14 (8.00%) Java Developer
5 14 (8.00%) Tester
6 10 (5.71%) Solutions Architect
7 9 (5.14%) Designer
7 9 (5.14%) Product Owner
7 9 (5.14%) Project Manager
7 9 (5.14%) Security Architect
8 6 (3.43%) Automation Tester
9 5 (2.86%) Banking Analyst
9 5 (2.86%) Junior
9 5 (2.86%) Retail Banking Business Analyst
9 5 (2.86%) UX Designer
10 4 (2.29%) Data Analyst
10 4 (2.29%) Programme Manager
10 4 (2.29%) QA Tester
10 4 (2.29%) Senior Developer
Libraries, Frameworks & Software Standards
1 21 (12.00%) Spring
2 14 (8.00%) Spring Boot
3 12 (6.86%) Gherkin
4 10 (5.71%) RESTful
5 9 (5.14%) REST
6 8 (4.57%) JSON
7 6 (3.43%) Web Services
8 5 (2.86%) PySpark
8 5 (2.86%) RxJava
9 4 (2.29%) .NET
9 4 (2.29%) CSS
9 4 (2.29%) JMS
9 4 (2.29%) React
9 4 (2.29%) Spring Security
10 3 (1.71%) AngularJS
10 3 (1.71%) Guice
10 3 (1.71%) HTML
10 3 (1.71%) JAAS
10 3 (1.71%) Node.js
10 3 (1.71%) WireMock
Miscellaneous
1 18 (10.29%) Mobile App
2 14 (8.00%) Mobile Banking
3 12 (6.86%) User Experience
4 11 (6.29%) Analytical Skills
5 10 (5.71%) Management Information System
5 10 (5.71%) Public Cloud
6 4 (2.29%) Credit Risk
6 4 (2.29%) Virtual Team
7 3 (1.71%) Data Centre
7 3 (1.71%) Data Structures
7 3 (1.71%) Enterprise Software
8 2 (1.14%) Algorithms
9 1 (0.57%) CESG
9 1 (0.57%) Cloud Native
9 1 (0.57%) CMDB
9 1 (0.57%) Derivative
9 1 (0.57%) Foreign Exchange (FX)
9 1 (0.57%) Market Risk
9 1 (0.57%) Online Banking
9 1 (0.57%) Wiki
Operating Systems
1 10 (5.71%) Android
2 8 (4.57%) Apple iOS
3 5 (2.86%) Windows
4 3 (1.71%) Linux
5 2 (1.14%) Windows 10
6 1 (0.57%) AIX
6 1 (0.57%) Unix
Processes & Methodologies
1 59 (33.71%) Agile Software Development
2 37 (21.14%) DevOps
3 32 (18.29%) Test Automation
4 24 (13.71%) BDD
4 24 (13.71%) Change Management
4 24 (13.71%) Digital Transformation Programme
5 22 (12.57%) Microservices
6 19 (10.86%) Wealth Management
7 18 (10.29%) Stakeholder Management
7 18 (10.29%) User Stories
8 16 (9.14%) Problem-Solving
9 15 (8.57%) Scrum
9 15 (8.57%) SDLC
10 14 (8.00%) Continuous Integration
11 13 (7.43%) Cybersecurity
11 13 (7.43%) TDD
12 12 (6.86%) Requirements Gathering
12 12 (6.86%) Scaled Agile Framework
13 11 (6.29%) Acceptance Criteria
13 11 (6.29%) Architectural Design
Programming Languages
1 39 (22.29%) Java
2 26 (14.86%) Python
3 17 (9.71%) SQL
4 11 (6.29%) C#
5 9 (5.14%) Java 8
6 8 (4.57%) Kotlin
7 6 (3.43%) Apple Swift
7 6 (3.43%) Scala
8 3 (1.71%) C
8 3 (1.71%) JavaScript
8 3 (1.71%) R
8 3 (1.71%) Ruby
9 2 (1.14%) C++
10 1 (0.57%) Bash Shell
10 1 (0.57%) ES6
10 1 (0.57%) PHP
10 1 (0.57%) PowerShell
10 1 (0.57%) TypeScript
Qualifications
1 6 (3.43%) Degree
2 2 (1.14%) CCIE
2 2 (1.14%) Cisco Certification
3 1 (0.57%) CISM
3 1 (0.57%) CISSP
3 1 (0.57%) Computer Science Degree
3 1 (0.57%) CRISC
3 1 (0.57%) SANS
Quality Assurance & Compliance
1 11 (6.29%) QA
2 5 (2.86%) PSD2
3 3 (1.71%) GDPR
4 2 (1.14%) ISO 8583
5 1 (0.57%) Data Quality
5 1 (0.57%) ISO 20022
5 1 (0.57%) ISO/IEC 27001
5 1 (0.57%) PCI DSS
System Software
1 4 (2.29%) Docker
2 1 (0.57%) Active Directory
2 1 (0.57%) OpenAM
Systems Management
1 16 (9.14%) Terraform
2 9 (5.14%) Kubernetes
3 3 (1.71%) Opscode Chef
4 1 (0.57%) Ansible
4 1 (0.57%) Microsoft Intune
4 1 (0.57%) Single Sign-On
Vendors
1 13 (7.43%) Microsoft
2 12 (6.86%) Google
3 5 (2.86%) Oracle
3 5 (2.86%) Splunk
4 2 (1.14%) AppDynamics
4 2 (1.14%) Blue Coat
4 2 (1.14%) Confluent
4 2 (1.14%) NCR
4 2 (1.14%) Salesforce.com
5 1 (0.57%) Atlassian
5 1 (0.57%) GoldenSource
5 1 (0.57%) IBM
5 1 (0.57%) LANSA
5 1 (0.57%) OneTrust
5 1 (0.57%) ServiceNow