Period
to 17 August 2019

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 17 August 2019 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
17 Aug 2019
Same period 2018 Same period 2017
Rank 434 429 264
Rank change year-on-year -5 -165 +9
Contract jobs citing Retail Banking 467 585 947
As % of all contract IT jobs advertised in the UK 0.51% 0.57% 0.99%
As % of the General category 1.45% 1.53% 2.49%
Number of daily rates quoted 307 391 665
UK median daily rate £500 £450 £450
Median daily rate % change year-on-year +11.11% - -
10th Percentile £342 £300 £264
90th Percentile £675 £663 £606
UK excluding London median daily rate £450 £425 £400
% change year-on-year +5.88% +6.25% -
Number of hourly rates quoted 0 1 0
UK median hourly rate - £12.75 -
UK excluding London median hourly rate - £12.75 -

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 32,164 38,168 38,087
As % of all contract IT jobs advertised in the UK 35.30% 37.04% 39.79%
Number of daily rates quoted 20,792 24,845 25,024
UK median daily rate £493 £475 £450
Median daily rate % change year-on-year +3.68% +5.56% -
10th Percentile £304 £300 £281
90th Percentile £675 £675 £650
UK excluding London median daily rate £438 £425 £410
% change year-on-year +2.94% +3.66% +2.50%
Number of hourly rates quoted 720 859 834
UK median hourly rate £30.00 £25.00 £25.75
Median hourly rate % change year-on-year +20.00% -2.91% +8.58%
10th Percentile £13.50 £12.50 £11.75
90th Percentile £51.25 £50.00 £50.00
UK excluding London median hourly rate £34.50 £25.00 £27.50
% change year-on-year +38.00% -9.09% +10.00%

Retail Banking
Job Vacancy Trend

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

Job vacancy trend for Retail Banking in the UK

Retail Banking
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Retail Banking.

Contractor daily rate trend for Retail Banking in the UK

Retail Banking
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Retail Banking over the 6 months to 17 August 2019.

Contractor daily rate histogram for Retail Banking in the UK

Retail Banking
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Retail Banking.

Contractor hourly rate trend for Retail Banking in the UK

Retail Banking
Top 14 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 17 August 2019. 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 -21 373 £525 +13.51% 28
London +6 265 £550 +6.80% 20
UK excluding London -26 199 £450 +5.88% 10
Scotland +40 94 £450 +5.88% 2
North of England +17 53 £438 +16.67% 1
North West +4 20 £475 +11.76%
Midlands +28 18 £475 +8.57% 3
Yorkshire +2 18 £459 +31.14% 1
South West -69 16 £356 -18.63% 3
North East +32 15 £325 +8.79%
South East +3 11 £550 +12.82% 1
East of England - 8 £425 -
West Midlands +23 6 £405 - 2
East Midlands +15 4 £475 +18.75% 1

For the 6 months to 17 August 2019, 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.

1 416 (89.08%) Banking
2 255 (54.60%) Finance
3 141 (30.19%) Agile Software Development
4 93 (19.91%) Stakeholder Management
5 71 (15.20%) Java
5 71 (15.20%) DevOps
6 63 (13.49%) SQL
7 52 (11.13%) Python
8 51 (10.92%) JIRA
9 48 (10.28%) Wealth Management
10 47 (10.06%) Investment Banking
11 43 (9.21%) Jenkins
12 40 (8.57%) Amazon AWS
13 38 (8.14%) Business Analysis
13 38 (8.14%) Retail
14 37 (7.92%) Scrum
14 37 (7.92%) Project Management
15 33 (7.07%) TDD
16 31 (6.64%) Scala
17 30 (6.42%) Migration
18 28 (6.00%) JavaScript
18 28 (6.00%) Unix
19 27 (5.78%) Windows
19 27 (5.78%) Microsoft Azure
19 27 (5.78%) User Experience
20 26 (5.57%) Oracle
21 25 (5.35%) Analytical Skills
22 24 (5.14%) Docker
22 24 (5.14%) Confluence
23 23 (4.93%) Test Automation

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 24 (5.14%) Confluence
2 22 (4.71%) Apache Spark
3 9 (1.93%) SAS
4 4 (0.86%) Cloud Foundry
4 4 (0.86%) IBM Domino
4 4 (0.86%) Mule
4 4 (0.86%) WebSphere
5 3 (0.64%) Adobe Experience Manager
6 2 (0.43%) CMS
6 2 (0.43%) IIS
7 1 (0.21%) Apache
7 1 (0.21%) Apache Airflow
7 1 (0.21%) Apache Pig
7 1 (0.21%) Jetty
7 1 (0.21%) Jupyter
7 1 (0.21%) nginx
7 1 (0.21%) Tomcat
7 1 (0.21%) Tornado
7 1 (0.21%) WordPress
Applications
1 11 (2.36%) Microsoft Excel
2 7 (1.50%) Microsoft Office
3 6 (1.28%) Photoshop
4 4 (0.86%) Adobe Illustrator
5 2 (0.43%) Microsoft PowerPoint
5 2 (0.43%) Sketch
6 1 (0.21%) Adobe XD
6 1 (0.21%) AutoCAD
6 1 (0.21%) Chatbot
6 1 (0.21%) Zeplin
Business Applications
1 5 (1.07%) Actimize
2 3 (0.64%) Oracle AML
3 1 (0.21%) Dynamics CRM
3 1 (0.21%) SAP FSCM
3 1 (0.21%) Temenos T24
Cloud Services
1 40 (8.57%) Amazon AWS
2 27 (5.78%) Microsoft Azure
3 17 (3.64%) Office 365
4 14 (3.00%) GitHub
5 13 (2.78%) Google Cloud Platform
6 8 (1.71%) AWS CloudFormation
7 7 (1.50%) PaaS
8 6 (1.28%) SaaS
9 5 (1.07%) Slack
10 4 (0.86%) Amazon EKS
10 4 (0.86%) OpenShift
11 3 (0.64%) Amazon ECS
11 3 (0.64%) Amazon S3
11 3 (0.64%) npm
12 2 (0.43%) Azure Active Directory
12 2 (0.43%) IaaS
13 1 (0.21%) Amazon SageMaker
13 1 (0.21%) Apigee
13 1 (0.21%) AWS Lambda
13 1 (0.21%) BrowserStack
Communications & Networking
1 9 (1.93%) Internet
2 6 (1.28%) Firewall
3 5 (1.07%) DNS
4 4 (0.86%) ATM
5 3 (0.64%) Network Security
6 1 (0.21%) HTTP
6 1 (0.21%) LAN
6 1 (0.21%) TCP/IP
6 1 (0.21%) WAN
6 1 (0.21%) Wi-Fi
Database & Business Intelligence
1 21 (4.50%) Hadoop
2 19 (4.07%) Big Data
3 11 (2.36%) Apache Hive
4 10 (2.14%) HBase
4 10 (2.14%) SQL Server
5 9 (1.93%) Data Warehouse
6 8 (1.71%) DB2
7 7 (1.50%) Relational Database
8 6 (1.28%) Impala
9 5 (1.07%) Data Lake
10 4 (0.86%) SQL Server Integration Services
11 3 (0.64%) Enterprise Data Warehouse
11 3 (0.64%) MS Access
11 3 (0.64%) Oracle Database
12 2 (0.43%) Amazon Redshift
12 2 (0.43%) SQL Server 2016
13 1 (0.21%) BigQuery
13 1 (0.21%) IBM InfoSphere
13 1 (0.21%) MariaDB
13 1 (0.21%) Neo4j
Development Applications
1 51 (10.92%) JIRA
2 43 (9.21%) Jenkins
3 20 (4.28%) Git (software)
4 19 (4.07%) Selenium
5 13 (2.78%) Hudson
6 12 (2.57%) Bitbucket
7 10 (2.14%) TeamCity
7 10 (2.14%) Travis CI
8 9 (1.93%) Maven
9 7 (1.50%) Eclipse
10 6 (1.28%) Sonatype Nexus
11 5 (1.07%) JUnit
12 4 (0.86%) Axure RP
12 4 (0.86%) Cucumber
12 4 (0.86%) Mockito
12 4 (0.86%) webpack
13 3 (0.64%) Gatling
13 3 (0.64%) GitLab
13 3 (0.64%) gulp
13 3 (0.64%) SonarQube
General
1 416 (89.08%) Banking
2 255 (54.60%) Finance
3 47 (10.06%) Investment Banking
4 38 (8.14%) Retail
5 16 (3.43%) Private Banking
6 8 (1.71%) Financial Institution
6 8 (1.71%) Legal
7 7 (1.50%) Advertising
8 6 (1.28%) Corporate Banking
8 6 (1.28%) Marketing
8 6 (1.28%) Multimedia
9 5 (1.07%) General Ledger
10 3 (0.64%) Back Office
11 1 (0.21%) Front Office
11 1 (0.21%) German Language
11 1 (0.21%) Manufacturing
11 1 (0.21%) Publishing
11 1 (0.21%) Telecoms
Job Titles
1 124 (26.55%) Analyst
2 83 (17.77%) Business Analyst
3 67 (14.35%) Developer
4 57 (12.21%) Banking Analyst
5 49 (10.49%) Architect
6 42 (8.99%) Project Manager
7 23 (4.93%) Java Developer
8 21 (4.50%) Banking Business Analyst
8 21 (4.50%) Retail Banking Business Analyst
9 20 (4.28%) Consultant
10 17 (3.64%) Cloud Engineer
10 17 (3.64%) Designer
10 17 (3.64%) DevOps Engineer
11 16 (3.43%) Solutions Architect
12 15 (3.21%) Test Analyst
13 14 (3.00%) Financial Analyst
14 13 (2.78%) IT Manager
14 13 (2.78%) Service Analyst
14 13 (2.78%) Test Leader
15 12 (2.57%) Retail Banking Project Manager
Libraries, Frameworks & Software Standards
1 20 (4.28%) Spring
2 17 (3.64%) JSON
2 17 (3.64%) REST
3 13 (2.78%) Natural Language Processing
3 13 (2.78%) Web Services
4 12 (2.57%) CSS
4 12 (2.57%) Kafka
5 11 (2.36%) HTML
5 11 (2.36%) SOAP
6 9 (1.93%) .NET
6 9 (1.93%) AngularJS
6 9 (1.93%) RESTful
7 8 (1.71%) Node.js
7 8 (1.71%) PySpark
7 8 (1.71%) React
7 8 (1.71%) Spring Boot
8 7 (1.50%) XML
9 6 (1.28%) J2EE
10 5 (1.07%) Jest
10 5 (1.07%) Struts
Miscellaneous
1 27 (5.78%) User Experience
2 25 (5.35%) Analytical Skills
3 22 (4.71%) Mobile Banking
4 18 (3.85%) Management Information System
5 12 (2.57%) Credit Risk
6 11 (2.36%) Linux Command Line
7 9 (1.93%) AS400
7 9 (1.93%) Greenfield Project
7 9 (1.93%) iSeries
7 9 (1.93%) Mobile App
7 9 (1.93%) Public Cloud
8 8 (1.71%) Mainframe
8 8 (1.71%) SWIFT
9 7 (1.50%) Data Protection Act
10 6 (1.28%) Online Banking
11 5 (1.07%) FMCG
12 4 (0.86%) Foreign Exchange (FX)
13 3 (0.64%) Clustering
13 3 (0.64%) Derivative
13 3 (0.64%) PMI
Operating Systems
1 28 (6.00%) Unix
2 27 (5.78%) Windows
3 19 (4.07%) Linux
4 13 (2.78%) Windows Server
5 7 (1.50%) Android
6 6 (1.28%) Apple iOS
7 5 (1.07%) Red Hat Enterprise Linux
8 4 (0.86%) Windows 10
8 4 (0.86%) zOS
9 3 (0.64%) Windows Server 2008
10 1 (0.21%) CentOS
10 1 (0.21%) CoreOS
10 1 (0.21%) OS/400
10 1 (0.21%) Solaris
10 1 (0.21%) Windows Server 2012
Processes & Methodologies
1 141 (30.19%) Agile Software Development
2 93 (19.91%) Stakeholder Management
3 71 (15.20%) DevOps
4 48 (10.28%) Wealth Management
5 38 (8.14%) Business Analysis
6 37 (7.92%) Project Management
6 37 (7.92%) Scrum
7 33 (7.07%) TDD
8 30 (6.42%) Migration
9 23 (4.93%) Problem-Solving
9 23 (4.93%) Test Automation
10 22 (4.71%) Anti-Money Laundering
11 21 (4.50%) ETL
12 20 (4.28%) Risk Management
13 19 (4.07%) Analytics
13 19 (4.07%) Microservices
14 18 (3.85%) Test Scripting
14 18 (3.85%) Waterfall
15 16 (3.43%) Fintech
16 15 (3.21%) Machine Learning
Programming Languages
1 71 (15.20%) Java
2 63 (13.49%) SQL
3 52 (11.13%) Python
4 31 (6.64%) Scala
5 28 (6.00%) JavaScript
6 18 (3.85%) R
7 12 (2.57%) C#
8 9 (1.93%) PowerShell
9 8 (1.71%) Java 8
10 6 (1.28%) ES6
10 6 (1.28%) VBA
11 4 (0.86%) Apex Code
11 4 (0.86%) Assembly Language
11 4 (0.86%) C
11 4 (0.86%) C++
11 4 (0.86%) COBOL
11 4 (0.86%) SOQL
11 4 (0.86%) SOSL
12 3 (0.64%) Kotlin
12 3 (0.64%) Ruby
Qualifications
1 17 (3.64%) Degree
2 6 (1.28%) PhD
3 5 (1.07%) PMI Certification
4 4 (0.86%) (ISC)2 CCSP
4 4 (0.86%) APMP
4 4 (0.86%) CASP
4 4 (0.86%) Cisco Certification
4 4 (0.86%) CISM
4 4 (0.86%) CISSP
4 4 (0.86%) CompTIA Security+
4 4 (0.86%) PMP
5 2 (0.43%) ITIL Certification
6 1 (0.21%) ISEB
6 1 (0.21%) ISTQB
6 1 (0.21%) SANS
6 1 (0.21%) Security Cleared
Quality Assurance & Compliance
1 18 (3.85%) QA
2 14 (3.00%) PSD2
3 9 (1.93%) PMO
4 8 (1.71%) Data Quality
5 7 (1.50%) GDPR
6 4 (0.86%) IFRS
6 4 (0.86%) IFRS 9
6 4 (0.86%) ISO/IEC 27001
6 4 (0.86%) NCSC
6 4 (0.86%) NIST
6 4 (0.86%) SEPA
7 3 (0.64%) P3O
8 1 (0.21%) PCI DSS
System Software
1 24 (5.14%) Docker
2 13 (2.78%) HDFS
3 10 (2.14%) Active Directory
4 6 (1.28%) VMware Infrastructure
5 4 (0.86%) XenDesktop
6 3 (0.64%) Virtual Desktop
6 3 (0.64%) VMware ESXi
7 1 (0.21%) Microsoft App-V
7 1 (0.21%) OpenAM
7 1 (0.21%) Tivoli Workload Scheduler
7 1 (0.21%) XenApp
Systems Management
1 20 (4.28%) Ansible
1 20 (4.28%) Kubernetes
2 15 (3.21%) Puppet
3 10 (2.14%) Hadoop YARN
4 8 (1.71%) Terraform
5 3 (0.64%) Oozie
6 2 (0.43%) Control-M
6 2 (0.43%) Docker Swarm
6 2 (0.43%) HP Quality Center
6 2 (0.43%) MaaS360
6 2 (0.43%) Opscode Chef
6 2 (0.43%) Rancher
6 2 (0.43%) SCCM
7 1 (0.21%) Ambari
7 1 (0.21%) BMC PATROL
7 1 (0.21%) HP ALM
7 1 (0.21%) Icinga
7 1 (0.21%) Netcool
7 1 (0.21%) SCOM
7 1 (0.21%) Tivoli
Vendors
1 26 (5.57%) Oracle
2 19 (4.07%) Microsoft
3 13 (2.78%) IBM
3 13 (2.78%) Informatica
4 12 (2.57%) Google
5 9 (1.93%) Teradata
6 8 (1.71%) VMware
7 5 (1.07%) Cloudera
7 5 (1.07%) MuleSoft
7 5 (1.07%) Red Hat
7 5 (1.07%) Salesforce.com
8 4 (0.86%) Adobe
8 4 (0.86%) AppDynamics
8 4 (0.86%) Citrix
8 4 (0.86%) Splunk
8 4 (0.86%) Tableau
8 4 (0.86%) TIBCO
9 3 (0.64%) SAP
9 3 (0.64%) Veritas
10 2 (0.43%) Lotus