Period
to 14 November 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 14 November 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
14 Nov 2019
Same period 2018 Same period 2017
Rank 507 454 256
Rank change year-on-year -53 -198 +45
Contract jobs citing Retail Banking 325 525 1,057
As % of all contract IT jobs advertised in the UK 0.39% 0.50% 1.03%
As % of the General category 1.01% 1.26% 2.34%
Number of daily rates quoted 174 373 787
UK median daily rate £525 £475 £438
Median daily rate % change year-on-year +10.53% +8.57% -2.78%
10th Percentile £344 £325 £263
90th Percentile £734 £675 £600
UK excluding London median daily rate £458 £450 £400
% change year-on-year +1.83% +12.50% -
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 32,194 41,821 45,106
As % of all contract IT jobs advertised in the UK 38.23% 40.07% 43.78%
Number of daily rates quoted 20,621 27,225 29,816
UK median daily rate £475 £475 £450
Median daily rate % change year-on-year - +5.56% +2.27%
10th Percentile £285 £297 £270
90th Percentile £675 £675 £650
UK excluding London median daily rate £438 £425 £404
% change year-on-year +2.94% +5.16% +1.04%
Number of hourly rates quoted 993 1,129 1,112
UK median hourly rate £22.00 £21.76 £22.00
Median hourly rate % change year-on-year +1.10% -1.09% +7.32%
10th Percentile £12.44 £12.00 £11.26
90th Percentile £50.00 £48.75 £47.50
UK excluding London median hourly rate £21.00 £20.50 £22.00
% change year-on-year +2.44% -6.82% +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 14 November 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 14 November 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 -44 268 £550 +15.18% 25
London -5 194 £550 +4.76% 19
UK excluding London -13 127 £458 +1.83% 10
Scotland +21 56 £450 - 2
North of England +12 36 £475 +18.75% 2
Yorkshire +16 16 £500 +33.33%
North East +28 15 £300 -31.03%
South West -30 13 £383 -18.16% 1
Midlands +41 11 £450 -12.20% 1
South East +39 8 £588 +17.50% 2
North West -14 5 £475 +14.80% 2
West Midlands +34 4 £400 -20.00%
East of England +29 4 £550 +22.22%
East Midlands +18 2 £275 -43.59% 1

For the 6 months to 14 November 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.

1 278 (85.54%) Banking
2 163 (50.15%) Finance
3 118 (36.31%) Agile Software Development
4 62 (19.08%) Investment Banking
5 60 (18.46%) Wealth Management
6 59 (18.15%) Java
7 54 (16.62%) Stakeholder Management
8 47 (14.46%) SQL
9 45 (13.85%) DevOps
10 44 (13.54%) Retail
11 39 (12.00%) Python
12 34 (10.46%) JIRA
13 28 (8.62%) Corporate Banking
13 28 (8.62%) Analytical Skills
14 27 (8.31%) TDD
15 26 (8.00%) Scrum
15 26 (8.00%) AWS
16 25 (7.69%) Test Automation
17 24 (7.38%) Jenkins
18 23 (7.08%) Microservices
18 23 (7.08%) Mobile Banking
19 22 (6.77%) Docker
19 22 (6.77%) Management Information System
20 21 (6.46%) GitHub
21 20 (6.15%) Business Analysis
21 20 (6.15%) Project Management
22 19 (5.85%) Scala
22 19 (5.85%) Waterfall
22 19 (5.85%) Apache Spark
22 19 (5.85%) Problem-Solving

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 19 (5.85%) Apache Spark
2 15 (4.62%) Confluence
3 7 (2.15%) SAS
4 6 (1.85%) WebSphere
5 4 (1.23%) Adobe Experience Manager
5 4 (1.23%) Cloud Foundry
5 4 (1.23%) Jupyter
5 4 (1.23%) Mule
6 3 (0.92%) IIS
7 2 (0.62%) Apache
7 2 (0.62%) CMS
7 2 (0.62%) IBM Domino
7 2 (0.62%) SharePoint
7 2 (0.62%) Tornado
8 1 (0.31%) Apache Airflow
8 1 (0.31%) Apache Pig
8 1 (0.31%) ColdFusion
8 1 (0.31%) Elasticsearch
Applications
1 8 (2.46%) Microsoft Excel
2 5 (1.54%) Sketch
3 3 (0.92%) Microsoft Office
3 3 (0.92%) Photoshop
4 2 (0.62%) Adobe Illustrator
4 2 (0.62%) Chatbot
4 2 (0.62%) Microsoft PowerPoint
4 2 (0.62%) SPSS
5 1 (0.31%) Adobe XD
5 1 (0.31%) InVision
5 1 (0.31%) MS Visio
5 1 (0.31%) Zeplin
Business Applications
1 4 (1.23%) Oracle AML
2 2 (0.62%) Actimize
3 1 (0.31%) BASE24
3 1 (0.31%) SAP FSCM
3 1 (0.31%) Temenos T24
3 1 (0.31%) Unit4 Business World
Cloud Services
1 26 (8.00%) AWS
2 21 (6.46%) GitHub
3 15 (4.62%) Azure
4 13 (4.00%) GCP
5 7 (2.15%) PaaS
5 7 (2.15%) SaaS
6 5 (1.54%) Office 365
7 4 (1.23%) Slack
8 3 (0.92%) Amazon S3
8 3 (0.92%) Azure Active Directory
8 3 (0.92%) Datadog
8 3 (0.92%) npm
8 3 (0.92%) OpenShift
8 3 (0.92%) Power Platform
8 3 (0.92%) Stackdriver
9 2 (0.62%) Amazon EC2
9 2 (0.62%) Amazon EKS
9 2 (0.62%) IaaS
10 1 (0.31%) Amazon SageMaker
10 1 (0.31%) Serverless
Communications & Networking
1 10 (3.08%) Internet
2 9 (2.77%) Firewall
3 6 (1.85%) HTTPS
4 3 (0.92%) Network Security
5 1 (0.31%) Cisco IPT
5 1 (0.31%) FTP
5 1 (0.31%) LAN
5 1 (0.31%) SWIFTNet
5 1 (0.31%) TCP/IP
5 1 (0.31%) WAN
Database & Business Intelligence
1 16 (4.92%) Big Data
2 15 (4.62%) Hadoop
3 8 (2.46%) Relational Database
4 7 (2.15%) Data Warehouse
4 7 (2.15%) HBase
5 6 (1.85%) Apache Hive
6 4 (1.23%) BigQuery
6 4 (1.23%) Impala
6 4 (1.23%) SQL Server
7 3 (0.92%) Base SAS
7 3 (0.92%) Data Lake
7 3 (0.92%) Data Mining
7 3 (0.92%) Enterprise Data Warehouse
7 3 (0.92%) Power BI
8 2 (0.62%) MariaDB
8 2 (0.62%) MS Access
8 2 (0.62%) RDBMS
8 2 (0.62%) SQL Server 2016
9 1 (0.31%) Amazon Redshift
9 1 (0.31%) IBM InfoSphere
Development Applications
1 34 (10.46%) JIRA
2 24 (7.38%) Jenkins
3 16 (4.92%) Selenium
4 12 (3.69%) Maven
5 10 (3.08%) JUnit
5 10 (3.08%) Mockito
6 9 (2.77%) Git (software)
7 7 (2.15%) Travis CI
8 6 (1.85%) Bitbucket
8 6 (1.85%) TeamCity
9 5 (1.54%) Hudson
10 4 (1.23%) Eclipse
10 4 (1.23%) Sonatype Nexus
11 3 (0.92%) Axure RP
11 3 (0.92%) gulp
11 3 (0.92%) SonarQube
11 3 (0.92%) webpack
12 2 (0.62%) git-flow
12 2 (0.62%) IntelliJ
12 2 (0.62%) WebDriver
General
1 278 (85.54%) Banking
2 163 (50.15%) Finance
3 62 (19.08%) Investment Banking
4 44 (13.54%) Retail
5 28 (8.62%) Corporate Banking
6 5 (1.54%) Marketing
7 4 (1.23%) Advertising
7 4 (1.23%) Financial Institution
7 4 (1.23%) Legal
8 2 (0.62%) Back Office
8 2 (0.62%) Front Office
8 2 (0.62%) German Language
8 2 (0.62%) Private Banking
8 2 (0.62%) Publishing
8 2 (0.62%) Retail Finance
8 2 (0.62%) Spanish Language
9 1 (0.31%) International Banking
9 1 (0.31%) Law
9 1 (0.31%) Manufacturing
9 1 (0.31%) Public Sector
Job Titles
1 74 (22.77%) Analyst
2 59 (18.15%) Developer
3 45 (13.85%) Business Analyst
4 40 (12.31%) Architect
5 31 (9.54%) Banking Analyst
6 21 (6.46%) Java Developer
7 18 (5.54%) Consultant
8 16 (4.92%) Project Manager
9 14 (4.31%) Banking Business Analyst
10 12 (3.69%) Designer
10 12 (3.69%) DevOps Engineer
10 12 (3.69%) Test Analyst
11 11 (3.38%) Cloud Architect
12 10 (3.08%) Retail Banking Business Analyst
12 10 (3.08%) Solutions Architect
13 9 (2.77%) Test Leader
14 8 (2.46%) Android Developer
14 8 (2.46%) Data Analyst
14 8 (2.46%) Digital Architect
14 8 (2.46%) IT Manager
Libraries, Frameworks & Software Standards
1 16 (4.92%) Kafka
1 16 (4.92%) Spring
2 14 (4.31%) Web Services
3 12 (3.69%) RESTful
4 11 (3.38%) J2EE
4 11 (3.38%) REST
5 10 (3.08%) JSON
6 8 (2.46%) Node.js
6 8 (2.46%) React
6 8 (2.46%) Spring Boot
7 7 (2.15%) PySpark
8 6 (1.85%) CSS
8 6 (1.85%) Dagger
8 6 (1.85%) HTML
8 6 (1.85%) Material Design
8 6 (1.85%) Retrofit
8 6 (1.85%) RxJava
9 5 (1.54%) IBM Integration Bus
9 5 (1.54%) Jest
10 4 (1.23%) Enzyme
Miscellaneous
1 28 (8.62%) Analytical Skills
2 23 (7.08%) Mobile Banking
3 22 (6.77%) Management Information System
4 17 (5.23%) User Experience
5 8 (2.46%) Linux Command Line
6 6 (1.85%) AS400
6 6 (1.85%) Credit Risk
6 6 (1.85%) iSeries
7 5 (1.54%) Derivative
7 5 (1.54%) Foreign Exchange (FX)
7 5 (1.54%) Mobile App
7 5 (1.54%) SWIFT
8 3 (0.92%) Greenfield Project
8 3 (0.92%) Mainframe
8 3 (0.92%) PMI
8 3 (0.92%) Public Cloud
9 2 (0.62%) Online Banking
9 2 (0.62%) Robotics
9 2 (0.62%) Self-Motivation
9 2 (0.62%) Virtual Team
Operating Systems
1 18 (5.54%) Unix
2 12 (3.69%) Windows
3 10 (3.08%) Linux
4 9 (2.77%) Android
5 8 (2.46%) Windows Server
6 3 (0.92%) Red Hat Enterprise Linux
7 2 (0.62%) Solaris
7 2 (0.62%) Windows Server 2008
7 2 (0.62%) Windows Server 2012
8 1 (0.31%) Apple iOS
8 1 (0.31%) OS/400
8 1 (0.31%) Windows 7
Processes & Methodologies
1 118 (36.31%) Agile Software Development
2 60 (18.46%) Wealth Management
3 54 (16.62%) Stakeholder Management
4 45 (13.85%) DevOps
5 27 (8.31%) TDD
6 26 (8.00%) Scrum
7 25 (7.69%) Test Automation
8 23 (7.08%) Microservices
9 20 (6.15%) Business Analysis
9 20 (6.15%) Project Management
10 19 (5.85%) Problem-Solving
10 19 (5.85%) Waterfall
11 18 (5.54%) Migration
12 16 (4.92%) ETL
12 16 (4.92%) Project Delivery
13 15 (4.62%) Analytics
13 15 (4.62%) Continuous Improvement
13 15 (4.62%) Risk Management
14 14 (4.31%) Anti-Money Laundering
14 14 (4.31%) Cybersecurity
Programming Languages
1 59 (18.15%) Java
2 47 (14.46%) SQL
3 39 (12.00%) Python
4 19 (5.85%) Scala
5 15 (4.62%) JavaScript
6 13 (4.00%) C#
7 12 (3.69%) R
8 9 (2.77%) Kotlin
9 6 (1.85%) ES6
9 6 (1.85%) Java 8
10 5 (1.54%) VBA
11 4 (1.23%) C
11 4 (1.23%) C++
11 4 (1.23%) PHP
11 4 (1.23%) PowerShell
12 3 (0.92%) Ruby
13 2 (0.62%) Perl
13 2 (0.62%) PL/SQL
13 2 (0.62%) XPath
14 1 (0.31%) RPG
Qualifications
1 18 (5.54%) Degree
2 6 (1.85%) ISTQB
3 4 (1.23%) APMP
3 4 (1.23%) CISSP
3 4 (1.23%) ISEB
3 4 (1.23%) PMI Certification
4 3 (0.92%) (ISC)2 CCSP
4 3 (0.92%) CASP
4 3 (0.92%) Cisco Certification
4 3 (0.92%) CISM
4 3 (0.92%) CompTIA Security+
4 3 (0.92%) Numerate Degree
4 3 (0.92%) PhD
5 2 (0.62%) ISTQB Foundation Certification
5 2 (0.62%) SC Cleared
5 2 (0.62%) Security Cleared
6 1 (0.31%) CISA
6 1 (0.31%) ISEB Practitioner
6 1 (0.31%) Master's Degree
6 1 (0.31%) SANS
Quality Assurance & Compliance
1 16 (4.92%) QA
2 7 (2.15%) Data Quality
3 4 (1.23%) P3O
3 4 (1.23%) PMO
4 3 (0.92%) GDPR
4 3 (0.92%) ISO/IEC 27001
4 3 (0.92%) NCSC
4 3 (0.92%) NIST
4 3 (0.92%) PSD2
5 1 (0.31%) IFRS
5 1 (0.31%) IFRS 9
5 1 (0.31%) PCI DSS
5 1 (0.31%) SLA
System Software
1 22 (6.77%) Docker
2 11 (3.38%) HDFS
3 5 (1.54%) Active Directory
4 2 (0.62%) VMware Infrastructure
5 1 (0.31%) OpenAM
5 1 (0.31%) Virtual Machines
5 1 (0.31%) VMware ESXi
5 1 (0.31%) XenDesktop
Systems Management
1 11 (3.38%) Kubernetes
2 7 (2.15%) Ansible
2 7 (2.15%) Hadoop YARN
2 7 (2.15%) Terraform
3 4 (1.23%) Puppet
4 3 (0.92%) Control-M
4 3 (0.92%) Istio
4 3 (0.92%) Oozie
5 2 (0.62%) Opscode Chef
6 1 (0.31%) Ambari
6 1 (0.31%) HP ALM
6 1 (0.31%) HP Fortify
6 1 (0.31%) HP Quality Center
6 1 (0.31%) MaaS360
6 1 (0.31%) Netcool
Vendors
1 18 (5.54%) Oracle
2 13 (4.00%) Google
3 10 (3.08%) Microsoft
3 10 (3.08%) Teradata
4 7 (2.15%) Informatica
4 7 (2.15%) Splunk
5 6 (1.85%) Adobe
5 6 (1.85%) SAP
6 5 (1.54%) Cloudera
6 5 (1.54%) IBM
7 4 (1.23%) AppDynamics
7 4 (1.23%) Red Hat
8 3 (0.92%) Blue Coat
8 3 (0.92%) F5
8 3 (0.92%) LogRhythm
9 2 (0.62%) Citrix
9 2 (0.62%) GoldenSource
9 2 (0.62%) Murex
9 2 (0.62%) Ping Identity
9 2 (0.62%) VMware