Period
to 22 October 2020

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 22 October 2020 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
22 Oct 2020
Same period 2019 Same period 2018
Rank 411 487 446
Rank change year-on-year +76 -41 -188
Contract jobs citing Retail Banking 120 344 546
As % of all contract jobs advertised in the UK 0.38% 0.41% 0.53%
As % of the General category 0.90% 1.05% 1.31%
Number of daily rates quoted 85 193 399
Median daily rate £500 £525 £475
Median daily rate % change year-on-year -4.76% +10.53% +8.57%
10th Percentile £350 £357 £313
90th Percentile £660 £710 £688
UK excluding London median daily rate £513 £450 £438
% change year-on-year +13.89% +2.86% +9.38%
Number of hourly rates quoted 0 0 1
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 13,285 32,840 41,742
As % of all contract IT jobs advertised in the UK 41.78% 38.71% 40.41%
Number of daily rates quoted 8,528 21,025 27,050
Median daily rate £500 £476 £475
Median daily rate % change year-on-year +5.15% +0.11% +5.56%
10th Percentile £288 £290 £290
90th Percentile £703 £675 £675
UK excluding London median daily rate £430 £438 £425
% change year-on-year -1.67% +2.94% +6.12%
Number of hourly rates quoted 478 981 1,154
Median hourly rate £29.45 £22.00 £21.00
Median hourly rate % change year-on-year +33.84% +4.76% -6.67%
10th Percentile £12.97 £12.44 £11.85
90th Percentile £50.00 £50.00 £48.75
Median hourly rate £23.00 £21.63 £20.00
% change year-on-year +6.33% +8.15% -12.09%

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 22 October 2020.

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 22 October 2020. 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 +142 109 £500 -9.09% 20
London +112 97 £500 -9.09% 15
Work from Home -70 24 £550 - 3
UK excluding London +119 16 £513 +13.89% 5
North of England +87 7 £525 +15.51% 5
Yorkshire +68 7 £525 +7.69% 1
Scotland +16 5 - -
Midlands +75 3 £275 -42.11%
West Midlands +70 2 - -
South West +104 1 - -

For the 6 months to 22 October 2020, 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.

1 107 (89.17%) Banking
2 76 (63.33%) Finance
3 36 (30.00%) Agile Software Development
4 31 (25.83%) Change Management
4 31 (25.83%) Digital Transformation Programme
5 24 (20.00%) Wealth Management
6 23 (19.17%) Investment Banking
6 23 (19.17%) DevOps
7 20 (16.67%) Java
8 19 (15.83%) Retail
9 16 (13.33%) JIRA
9 16 (13.33%) Azure
10 15 (12.50%) AWS
11 14 (11.67%) Python
11 14 (11.67%) Mobile Banking
12 13 (10.83%) Mobile App
12 13 (10.83%) Management Information System
12 13 (10.83%) Jenkins
13 12 (10.00%) Test Automation
13 12 (10.00%) Stakeholder Management
13 12 (10.00%) Cybersecurity
14 11 (9.17%) Problem-Solving
14 11 (9.17%) Cucumber
14 11 (9.17%) BDD
15 10 (8.33%) Confluence
15 10 (8.33%) Corporate Banking
15 10 (8.33%) Oracle
15 10 (8.33%) Scaled Agile Framework
15 10 (8.33%) Terraform
16 9 (7.50%) GCP

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 10 (8.33%) Confluence
2 3 (2.50%) SharePoint
2 3 (2.50%) SharePoint 2013
3 2 (1.67%) Apache
3 2 (1.67%) K2 blackpearl
3 2 (1.67%) SAS
4 1 (0.83%) Apache Solr
4 1 (0.83%) Apache Spark
4 1 (0.83%) Appian
4 1 (0.83%) Cloud Foundry
4 1 (0.83%) Elasticsearch
4 1 (0.83%) Mule
4 1 (0.83%) Oracle Coherence
Applications
1 3 (2.50%) InVision
1 3 (2.50%) Sketch
2 2 (1.67%) Microsoft Excel
3 1 (0.83%) Microsoft PowerPoint
3 1 (0.83%) MS Visio
Business Applications
1 1 (0.83%) Oracle AML
Cloud Services
1 16 (13.33%) Azure
2 15 (12.50%) AWS
3 9 (7.50%) GCP
4 5 (4.17%) GitHub
5 4 (3.33%) SaaS
5 4 (3.33%) Slack
6 3 (2.50%) BrowserStack
6 3 (2.50%) Sauce Labs
7 2 (1.67%) Cloud Computing
7 2 (1.67%) IaaS
7 2 (1.67%) Office 365
7 2 (1.67%) PaaS
8 1 (0.83%) Amazon Kinesis
8 1 (0.83%) Amazon S3
8 1 (0.83%) Azure Active Directory
8 1 (0.83%) Mavenlink
8 1 (0.83%) npm
8 1 (0.83%) OpenShift
8 1 (0.83%) Serverless
Communications & Networking
1 3 (2.50%) Firewall
1 3 (2.50%) HTTP
2 2 (1.67%) Intranet
2 2 (1.67%) WAN
3 1 (0.83%) DMZ
3 1 (0.83%) HTTPS
3 1 (0.83%) Internet
3 1 (0.83%) Intrusion Detection
Database & Business Intelligence
1 6 (5.00%) Relational Database
2 5 (4.17%) Oracle Database
3 3 (2.50%) Data Warehouse
3 3 (2.50%) Oracle Database 11g
3 3 (2.50%) Oracle Database 12c
3 3 (2.50%) RDBMS
4 2 (1.67%) MySQL
4 2 (1.67%) PostgreSQL
5 1 (0.83%) Amazon Athena
5 1 (0.83%) Amazon Redshift
5 1 (0.83%) Big Data
5 1 (0.83%) Data Mining
5 1 (0.83%) Hazelcast
5 1 (0.83%) MariaDB
5 1 (0.83%) MongoDB
5 1 (0.83%) Redis
5 1 (0.83%) SQL Server
Development Applications
1 16 (13.33%) JIRA
2 13 (10.83%) Jenkins
3 11 (9.17%) Cucumber
4 9 (7.50%) Git (software)
4 9 (7.50%) Maven
5 5 (4.17%) JUnit
5 5 (4.17%) Mockito
6 3 (2.50%) Appium
6 3 (2.50%) Eclipse
6 3 (2.50%) Sonatype Nexus
7 2 (1.67%) Android Studio
7 2 (1.67%) CocoaPods
7 2 (1.67%) JMeter
7 2 (1.67%) LoadRunner
7 2 (1.67%) Xcode
8 1 (0.83%) Gradle
8 1 (0.83%) IBM UrbanCode
8 1 (0.83%) Robot Framework
8 1 (0.83%) SonarQube
8 1 (0.83%) WebDriver
General
1 107 (89.17%) Banking
2 76 (63.33%) Finance
3 23 (19.17%) Investment Banking
4 19 (15.83%) Retail
5 10 (8.33%) Corporate Banking
6 3 (2.50%) Financial Institution
7 2 (1.67%) Legal
7 2 (1.67%) Retail Finance
8 1 (0.83%) Automotive
8 1 (0.83%) Front Office
8 1 (0.83%) German Language
Job Titles
1 22 (18.33%) Analyst
1 22 (18.33%) Developer
2 17 (14.17%) Business Analyst
3 16 (13.33%) Architect
4 15 (12.50%) Project Manager
5 8 (6.67%) Security Architect
6 6 (5.00%) Banking Analyst
6 6 (5.00%) Java Developer
6 6 (5.00%) Programme Manager
6 6 (5.00%) Retail Banking Business Analyst
6 6 (5.00%) Web Developer
7 5 (4.17%) Designer
8 4 (3.33%) Applications Developer
8 4 (3.33%) DevOps Developer
8 4 (3.33%) Retail Banking Project Manager
8 4 (3.33%) Solutions Architect
9 3 (2.50%) Consultant
9 3 (2.50%) GDPR Business Analyst
9 3 (2.50%) Junior
9 3 (2.50%) Tester
Libraries, Frameworks & Software Standards
1 9 (7.50%) REST
2 7 (5.83%) CSS
2 7 (5.83%) Spring
3 6 (5.00%) AngularJS
3 6 (5.00%) Gherkin
3 6 (5.00%) HTML
3 6 (5.00%) JSON
4 5 (4.17%) RxJava
4 5 (4.17%) Spring Boot
5 4 (3.33%) Node.js
5 4 (3.33%) Web Services
6 3 (2.50%) .NET
6 3 (2.50%) ASP.NET Web API
6 3 (2.50%) React
6 3 (2.50%) WireMock
7 2 (1.67%) HTML5
7 2 (1.67%) jQuery
7 2 (1.67%) Twitter Bootstrap
8 1 (0.83%) RESTful
8 1 (0.83%) Spring Security
Miscellaneous
1 14 (11.67%) Mobile Banking
2 13 (10.83%) Management Information System
2 13 (10.83%) Mobile App
3 8 (6.67%) Public Cloud
4 5 (4.17%) Analytical Skills
4 5 (4.17%) User Experience
5 4 (3.33%) Credit Risk
6 3 (2.50%) Data Structures
6 3 (2.50%) Enterprise Software
7 2 (1.67%) Derivative
7 2 (1.67%) Foreign Exchange (FX)
7 2 (1.67%) Virtual Team
8 1 (0.83%) Algorithms
8 1 (0.83%) CESG
8 1 (0.83%) CMDB
8 1 (0.83%) Data Centre
8 1 (0.83%) Online Banking
Operating Systems
1 9 (7.50%) Android
2 7 (5.83%) Apple iOS
3 5 (4.17%) Windows
4 2 (1.67%) Linux
4 2 (1.67%) Unix
4 2 (1.67%) Windows 10
5 1 (0.83%) AIX
Processes & Methodologies
1 36 (30.00%) Agile Software Development
2 31 (25.83%) Change Management
2 31 (25.83%) Digital Transformation Programme
3 24 (20.00%) Wealth Management
4 23 (19.17%) DevOps
5 12 (10.00%) Cybersecurity
5 12 (10.00%) Stakeholder Management
5 12 (10.00%) Test Automation
6 11 (9.17%) BDD
6 11 (9.17%) Problem-Solving
7 10 (8.33%) Scaled Agile Framework
8 9 (7.50%) Project Management
8 9 (7.50%) Scrum
9 8 (6.67%) Continuous Integration
9 8 (6.67%) Kanban
9 8 (6.67%) Migration
9 8 (6.67%) Minimum Viable Product
9 8 (6.67%) Requirements Gathering
9 8 (6.67%) Target Operating Model
10 7 (5.83%) Architectural Design
Programming Languages
1 20 (16.67%) Java
2 14 (11.67%) Python
3 9 (7.50%) SQL
4 7 (5.83%) Kotlin
5 5 (4.17%) Apple Swift
5 5 (4.17%) C#
6 4 (3.33%) Java 8
6 4 (3.33%) JavaScript
7 3 (2.50%) TypeScript
8 2 (1.67%) C
8 2 (1.67%) C++
8 2 (1.67%) R
9 1 (0.83%) Bash Shell
9 1 (0.83%) ES6
9 1 (0.83%) PHP
9 1 (0.83%) PL/SQL
9 1 (0.83%) Ruby
9 1 (0.83%) Scala
Qualifications
1 2 (1.67%) CCIE
1 2 (1.67%) Cisco Certification
1 2 (1.67%) Degree
2 1 (0.83%) CISM
2 1 (0.83%) CISSP
2 1 (0.83%) CRISC
2 1 (0.83%) Master's Degree
2 1 (0.83%) Numerate Degree
2 1 (0.83%) SANS
Quality Assurance & Compliance
1 8 (6.67%) QA
2 6 (5.00%) GDPR
3 4 (3.33%) PSD2
4 2 (1.67%) Data Quality
4 2 (1.67%) MiFID
5 1 (0.83%) ISO/IEC 27001
5 1 (0.83%) PCI DSS
System Software
1 1 (0.83%) Active Directory
Systems Management
1 10 (8.33%) Terraform
2 5 (4.17%) Kubernetes
3 2 (1.67%) Ansible
4 1 (0.83%) IBM BigFix
4 1 (0.83%) Microsoft Intune
4 1 (0.83%) Opscode Chef
4 1 (0.83%) Single Sign-On
Vendors
1 10 (8.33%) Oracle
2 8 (6.67%) Google
3 6 (5.00%) Microsoft
4 2 (1.67%) OneTrust
4 2 (1.67%) Salesforce.com
4 2 (1.67%) ServiceNow
5 1 (0.83%) AppDynamics
5 1 (0.83%) Atlassian
5 1 (0.83%) Confluent
5 1 (0.83%) IBM
5 1 (0.83%) LANSA
5 1 (0.83%) Solace
5 1 (0.83%) Splunk