Period
to

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 May 2022 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 May 2022
Same period 2021 Same period 2020
Rank 393 427 476
Rank change year-on-year +34 +49 -31
Contract jobs citing Retail Banking 535 284 154
As % of all contract jobs advertised in the UK 0.61% 0.49% 0.32%
As % of the General category 1.08% 0.92% 0.63%
Number of daily rates quoted 239 190 84
10th Percentile £362 £381 £402
25th Percentile £450 £410 £459
Median daily rate (50th Percentile) £575 £505 £550
Median % change year-on-year +13.86% -8.18% +10.00%
75th Percentile £675 £618 £659
90th Percentile £738 £700 £750
UK excluding London median daily rate £490 £425 £500
% change year-on-year +15.29% -15.00% +10.01%

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 49,458 30,849 24,582
As % of all contract IT jobs advertised in the UK 56.47% 52.76% 51.01%
Number of daily rates quoted 34,287 20,657 15,943
10th Percentile £320 £300 £256
25th Percentile £425 £400 £375
Median daily rate (50th Percentile) £538 £500 £475
Median % change year-on-year +7.50% +5.26% -
75th Percentile £650 £600 £588
90th Percentile £750 £700 £675
UK excluding London median daily rate £475 £438 £438
% change year-on-year +8.57% - +2.94%
Number of hourly rates quoted 1,417 1,146 1,012
10th Percentile £12.50 £12.00 £12.42
25th Percentile £15.00 £14.50 £15.00
Median hourly rate £22.50 £22.45 £20.00
Median % change year-on-year +0.22% +12.25% +6.95%
75th Percentile £47.50 £43.75 £40.52
90th Percentile £59.00 £56.25 £52.50
UK excluding London median hourly rate £19.25 £19.50 £19.00
% change year-on-year -1.29% +2.63% +5.56%

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 May 2022.

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 15 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 May 2022. 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 +12 323 £575 +13.30% 39
Work from Home -51 274 £575 +6.98% 5
London -1 242 £613 +11.36% 32
UK excluding London -23 114 £490 +15.29% 12
Scotland -29 41 £525 +22.09% 2
North of England -19 31 £490 +15.29% 7
South West -3 24 £505 +26.25%
North West -27 17 £532 +11.88% 5
Yorkshire -29 14 £450 +10.02% 2
Midlands -38 13 £388 -8.82%
East Midlands - 9 £388 -
West Midlands -51 4 £210 -50.59%
South East -44 2 £550 +20.55%
Wales - 2 £638 - 3
East of England - 1 £210 -

For the 6 months to 22 May 2022, 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.

1 500 (93.46%) Banking
2 241 (45.05%) Finance
3 225 (42.06%) Agile
4 171 (31.96%) Retail
5 153 (28.60%) Investment Banking
6 152 (28.41%) Corporate Banking
7 150 (28.04%) Wealth Management
8 103 (19.25%) Social Skills
9 91 (17.01%) Stakeholder Management
10 86 (16.07%) JIRA
11 68 (12.71%) SQL
12 62 (11.59%) Scrum
13 59 (11.03%) IBM
14 58 (10.84%) AWS
15 53 (9.91%) Confluence
16 51 (9.53%) Continuous Improvement
16 51 (9.53%) User Experience
16 51 (9.53%) Project Management
17 50 (9.35%) DevOps
17 50 (9.35%) Azure
18 46 (8.60%) Microservices
19 43 (8.04%) Java
20 42 (7.85%) Analytical Skills
21 41 (7.66%) Google
21 41 (7.66%) Problem-Solving
22 39 (7.29%) Microsoft
23 38 (7.10%) JavaScript
23 38 (7.10%) Test Automation
24 37 (6.92%) Workshop Facilitation
25 34 (6.36%) Project Delivery

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 53 (9.91%) Confluence
2 9 (1.68%) SAS
3 5 (0.93%) WebSphere
4 3 (0.56%) Elasticsearch
5 1 (0.19%) Anypoint
5 1 (0.19%) Apache
5 1 (0.19%) Camunda
5 1 (0.19%) CICS
5 1 (0.19%) CMS
5 1 (0.19%) Oracle SOA Suite
5 1 (0.19%) PowerExchange
Applications
1 17 (3.18%) Chatbot
2 16 (2.99%) Microsoft Excel
3 15 (2.80%) Sketch
4 14 (2.62%) Microsoft Office
5 4 (0.75%) InVision
5 4 (0.75%) Microsoft Project
6 3 (0.56%) Adobe Creative Suite
7 2 (0.37%) Microsoft PowerPoint
7 2 (0.37%) UserZoom
8 1 (0.19%) Adobe Illustrator
8 1 (0.19%) Adobe XD
8 1 (0.19%) MS Visio
Business Applications
1 7 (1.31%) FLEXCUBE
2 3 (0.56%) Finacle
3 2 (0.37%) Eikon
4 1 (0.19%) Payment Gateway
4 1 (0.19%) Temenos T24
Cloud Services
1 58 (10.84%) AWS
2 50 (9.35%) Azure
3 31 (5.79%) GCP
4 17 (3.18%) Azure LUIS
4 17 (3.18%) Dialogflow
5 15 (2.80%) Apigee
6 14 (2.62%) IBM Cloud
7 12 (2.24%) IaaS
8 11 (2.06%) Figma
9 10 (1.87%) SaaS
10 7 (1.31%) GitHub
10 7 (1.31%) Serverless
11 5 (0.93%) OpenShift
12 4 (0.75%) Azure Functions
12 4 (0.75%) Dynamics 365
12 4 (0.75%) Microsoft 365
12 4 (0.75%) Power Platform
12 4 (0.75%) Slack
13 3 (0.56%) Azure Service Bus
13 3 (0.56%) BrowserStack
Communications & Networking
1 11 (2.06%) HTTP
2 8 (1.50%) Firewall
3 6 (1.12%) HTTPS
4 4 (0.75%) TCP/IP
5 2 (0.37%) 2G
5 2 (0.37%) Internet
5 2 (0.37%) SSL
6 1 (0.19%) BGP
6 1 (0.19%) Cisco Nexus
6 1 (0.19%) FTP
6 1 (0.19%) OSPF
6 1 (0.19%) RTP
Database & Business Intelligence
1 23 (4.30%) NoSQL
2 14 (2.62%) MongoDB
3 11 (2.06%) SQL Server
4 9 (1.68%) Data Warehouse
5 8 (1.50%) DB2
5 8 (1.50%) Oracle Database
6 5 (0.93%) Data Mining
7 4 (0.75%) Big Data
7 4 (0.75%) ObjectStore
7 4 (0.75%) Relational Database
8 3 (0.56%) Amazon Redshift
8 3 (0.56%) SQL Server Integration Services
8 3 (0.56%) Tableau
8 3 (0.56%) ThoughtSpot
9 2 (0.37%) Apache Zeppelin
9 2 (0.37%) BusinessObjects
9 2 (0.37%) Data Vault
9 2 (0.37%) Metadata
9 2 (0.37%) MS Access
9 2 (0.37%) PostgreSQL
Development Applications
1 86 (16.07%) JIRA
2 33 (6.17%) Jenkins
3 26 (4.86%) Cucumber
3 26 (4.86%) Selenium
4 23 (4.30%) Git (software)
5 17 (3.18%) Bitbucket
6 7 (1.31%) Maven
7 6 (1.12%) Zephyr
8 5 (0.93%) Axure RP
8 5 (0.93%) Postman
8 5 (0.93%) REST Assured
9 4 (0.75%) Appium
9 4 (0.75%) Fiddler
10 3 (0.56%) Eclipse
10 3 (0.56%) Sonatype Nexus
11 2 (0.37%) Artifactory
11 2 (0.37%) ERwin
11 2 (0.37%) Robot Framework
11 2 (0.37%) SoapUI
12 1 (0.19%) Team Foundation Server
General
1 500 (93.46%) Banking
2 241 (45.05%) Finance
3 171 (31.96%) Retail
4 153 (28.60%) Investment Banking
5 152 (28.41%) Corporate Banking
6 103 (19.25%) Social Skills
7 42 (7.85%) Analytical Skills
8 23 (4.30%) Presentation Skills
9 22 (4.11%) Influencing Skills
10 21 (3.93%) Legal
11 7 (1.31%) Law
12 6 (1.12%) Documentation Skills
12 6 (1.12%) Inclusion and Diversity
12 6 (1.12%) Organisational Skills
13 4 (0.75%) Back Office
13 4 (0.75%) Financial Institution
13 4 (0.75%) Marketing
14 2 (0.37%) Publishing
15 1 (0.19%) Wholesale Banking
Job Titles
1 100 (18.69%) Analyst
2 94 (17.57%) Project Manager
3 86 (16.07%) Architect
4 64 (11.96%) Business Analyst
5 34 (6.36%) Designer
6 31 (5.79%) Solutions Architect
7 27 (5.05%) Developer
8 22 (4.11%) Banking Analyst
9 20 (3.74%) Technical Analyst
10 19 (3.55%) Technical Business Analyst
10 19 (3.55%) Tester
11 16 (2.99%) Automation Tester
11 16 (2.99%) Scrum Master
12 15 (2.80%) Banking Business Analyst
13 14 (2.62%) Infrastructure Architect
13 14 (2.62%) Senior Designer
14 13 (2.43%) Delivery Manager
14 13 (2.43%) Infrastructure Manager
14 13 (2.43%) Infrastructure Project Manager
14 13 (2.43%) KYC Analyst
Libraries, Frameworks & Software Standards
1 25 (4.67%) React
2 23 (4.30%) Node.js
3 22 (4.11%) .NET
4 17 (3.18%) Kafka
5 14 (2.62%) .NET Framework
6 12 (2.24%) RESTful
7 11 (2.06%) REST
8 10 (1.87%) Middleware
9 8 (1.50%) HTML
9 8 (1.50%) JSON
9 8 (1.50%) Spring Boot
10 7 (1.31%) CSS
11 6 (1.12%) SOAP
11 6 (1.12%) Velocity
11 6 (1.12%) WireMock
12 5 (0.93%) React Native
12 5 (0.93%) Spring
13 4 (0.75%) HTML5
13 4 (0.75%) NumPy
13 4 (0.75%) Web Services
Miscellaneous
1 51 (9.53%) User Experience
2 26 (4.86%) Public Cloud
3 21 (3.93%) Mainframe
4 16 (2.99%) Mobile App
5 14 (2.62%) Cyberattack
6 11 (2.06%) Credit Risk
7 10 (1.87%) Mobile Banking
8 8 (1.50%) Greenfield Project
9 7 (1.31%) Online Banking
9 7 (1.31%) Virtual Team
10 6 (1.12%) Management Information System
10 6 (1.12%) Self-Motivation
11 5 (0.93%) Distributed Denial-of-Service
12 4 (0.75%) Cloud Native
12 4 (0.75%) SWIFT
12 4 (0.75%) W3C
13 3 (0.56%) Animation
13 3 (0.56%) Data Protection Act
13 3 (0.56%) Equities
13 3 (0.56%) Market Risk
Operating Systems
1 24 (4.49%) Linux
2 20 (3.74%) Windows
3 11 (2.06%) AIX
4 10 (1.87%) Windows Server
5 8 (1.50%) Unix
6 5 (0.93%) Android
6 5 (0.93%) Apple iOS
7 1 (0.19%) HPUX
7 1 (0.19%) Red Hat Enterprise Linux
7 1 (0.19%) Solaris
7 1 (0.19%) Windows 10
Processes & Methodologies
1 225 (42.06%) Agile
2 150 (28.04%) Wealth Management
3 91 (17.01%) Stakeholder Management
4 62 (11.59%) Scrum
5 51 (9.53%) Continuous Improvement
5 51 (9.53%) Project Management
6 50 (9.35%) DevOps
7 46 (8.60%) Microservices
8 41 (7.66%) Problem-Solving
9 38 (7.10%) Test Automation
10 37 (6.92%) Workshop Facilitation
11 34 (6.36%) Project Delivery
12 33 (6.17%) Business Analysis
13 32 (5.98%) Kanban
14 31 (5.79%) Coaching
14 31 (5.79%) Mentoring
14 31 (5.79%) UX Design
15 29 (5.42%) TDD
15 29 (5.42%) User Stories
16 28 (5.23%) BDD
Programming Languages
1 68 (12.71%) SQL
2 43 (8.04%) Java
3 38 (7.10%) JavaScript
4 18 (3.36%) Python
5 5 (0.93%) C#
5 5 (0.93%) Shell Script
6 3 (0.56%) Bash
6 3 (0.56%) PowerShell
6 3 (0.56%) R
7 2 (0.37%) C++
7 2 (0.37%) ES6
7 2 (0.37%) MATLAB
8 1 (0.19%) Apple Swift
8 1 (0.19%) C
8 1 (0.19%) COBOL
8 1 (0.19%) JCL
8 1 (0.19%) Kotlin
8 1 (0.19%) PL/SQL
8 1 (0.19%) T-SQL
8 1 (0.19%) TypeScript
Qualifications
1 10 (1.87%) Degree
2 3 (0.56%) ISEB
3 2 (0.37%) CISM
3 2 (0.37%) CISSP
3 2 (0.37%) SANS
3 2 (0.37%) Six Sigma Black Belt
4 1 (0.19%) AWS Certification
4 1 (0.19%) CBAP
4 1 (0.19%) CCNA
4 1 (0.19%) CCSK
4 1 (0.19%) CISA
4 1 (0.19%) Cisco Certification
4 1 (0.19%) Computer Science Degree
4 1 (0.19%) CRISC
4 1 (0.19%) Master's Degree
4 1 (0.19%) TOGAF Certification
Quality Assurance & Compliance
1 23 (4.30%) QA
2 16 (2.99%) Accessibility
3 9 (1.68%) GDPR
4 7 (1.31%) PMO
5 6 (1.12%) WCAG
6 5 (0.93%) SEPA
7 2 (0.37%) Data Quality
7 2 (0.37%) ISO 20022
7 2 (0.37%) NIST
8 1 (0.19%) MiFID
8 1 (0.19%) PSD2
8 1 (0.19%) Sarbanes-Oxley
8 1 (0.19%) SLA
System Software
1 18 (3.36%) Docker
2 3 (0.56%) Tivoli Workload Scheduler
3 2 (0.37%) ACF2
3 2 (0.37%) RACF
3 2 (0.37%) Tivoli Directory Server
4 1 (0.19%) ProxySG
4 1 (0.19%) VMware Infrastructure
Systems Management
1 20 (3.74%) Kubernetes
2 7 (1.31%) Terraform
3 5 (0.93%) Tivoli
4 2 (0.37%) Active Directory Federation Services
4 2 (0.37%) Ansible
4 2 (0.37%) Kibana
4 2 (0.37%) Tivoli Identity Manager
5 1 (0.19%) Istio
5 1 (0.19%) Kiali
Vendors
1 59 (11.03%) IBM
2 41 (7.66%) Google
3 39 (7.29%) Microsoft
4 25 (4.67%) BT
5 17 (3.18%) Oracle
6 11 (2.06%) Adobe
7 5 (0.93%) AppDynamics
7 5 (0.93%) Splunk
7 5 (0.93%) Teradata
8 4 (0.75%) Sparx
9 3 (0.56%) Atlassian
9 3 (0.56%) FIS
9 3 (0.56%) Fiserv
9 3 (0.56%) Informatica
9 3 (0.56%) Pega
9 3 (0.56%) Temenos
10 2 (0.37%) Bloomberg
10 2 (0.37%) Casewise
10 2 (0.37%) Red Hat
10 2 (0.37%) Salesforce.com