Period
to 25 February 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 25 February 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
25 Feb 2020
Same period 2019 Same period 2018
Rank 517 436 288
Rank change year-on-year -81 -148 +51
Contract jobs citing Retail Banking 212 529 925
As % of all contract IT jobs advertised in the UK 0.31% 0.54% 0.93%
As % of the General category 0.83% 1.34% 2.20%
Number of daily rates quoted 111 377 709
UK median daily rate £525 £500 £450
Median daily rate % change year-on-year +5.00% +11.11% -
10th Percentile £360 £343 £296
90th Percentile £750 £700 £638
UK excluding London median daily rate £494 £475 £405
% change year-on-year +3.95% +17.28% -4.71%
Number of hourly rates quoted 0 1 0
UK median hourly rate - £12.60 -
UK excluding London median hourly rate - £12.60 -

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 25,476 39,337 42,018
As % of all contract IT jobs advertised in the UK 37.32% 40.03% 42.02%
Number of daily rates quoted 16,145 25,790 27,758
UK median daily rate £475 £480 £475
Median daily rate % change year-on-year -1.04% +1.05% +5.56%
10th Percentile £272 £300 £275
90th Percentile £675 £675 £670
UK excluding London median daily rate £433 £434 £413
% change year-on-year -0.29% +5.15% +3.13%
Number of hourly rates quoted 854 1,101 1,111
UK median hourly rate £22.50 £22.00 £22.00
Median hourly rate % change year-on-year +2.27% - +4.76%
10th Percentile £12.50 £11.85 £11.42
90th Percentile £50.00 £48.75 £48.75
UK excluding London median hourly rate £20.50 £20.50 £21.90
% change year-on-year - -6.37% +9.48%

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 25 February 2020.

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 13 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 25 February 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 -76 170 £533 +1.43% 51
London -24 125 £563 +2.27% 42
UK excluding London -20 85 £494 +3.95% 15
Scotland -28 41 £494 +6.18% 5
North of England +46 23 £500 +17.03% 5
North East +32 12 £413 +17.86% 1
South West -23 10 £410 -20.00%
Yorkshire +31 9 £500 +25.00% 4
Midlands +25 6 £481 -3.75% 3
South East +74 5 £433 -17.62% 1
West Midlands +50 3 - - 3
East Midlands +32 3 £481 +1.32%
North West +14 2 £252 -47.64%

For the 6 months to 25 February 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.

1 180 (84.91%) Banking
2 101 (47.64%) Finance
3 100 (47.17%) Agile Software Development
4 69 (32.55%) Investment Banking
4 69 (32.55%) Wealth Management
5 53 (25.00%) Retail
6 48 (22.64%) Corporate Banking
7 42 (19.81%) Java
8 34 (16.04%) Analytical Skills
9 31 (14.62%) DevOps
9 31 (14.62%) Test Automation
10 29 (13.68%) JIRA
11 26 (12.26%) Stakeholder Management
12 25 (11.79%) User Experience
13 23 (10.85%) SQL
14 22 (10.38%) Continuous Improvement
15 21 (9.91%) AWS
15 21 (9.91%) Problem-Solving
16 20 (9.43%) Scrum
17 19 (8.96%) Project Management
17 19 (8.96%) Python
18 18 (8.49%) Jenkins
18 18 (8.49%) Microservices
19 17 (8.02%) TDD
20 16 (7.55%) QA
20 16 (7.55%) GitHub
20 16 (7.55%) Selenium
21 15 (7.08%) Management Information System
22 14 (6.60%) Azure
22 14 (6.60%) Waterfall

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 11 (5.19%) Confluence
2 10 (4.72%) Apache Spark
3 9 (4.25%) SAS
4 7 (3.30%) SharePoint
5 3 (1.42%) Jupyter
5 3 (1.42%) WebSphere
6 2 (0.94%) Adobe Experience Manager
6 2 (0.94%) Elasticsearch
6 2 (0.94%) Oracle Workflow
7 1 (0.47%) Apache
7 1 (0.47%) CMS
7 1 (0.47%) ColdFusion
7 1 (0.47%) Exchange Server 2010
7 1 (0.47%) IIS
7 1 (0.47%) MS Exchange
7 1 (0.47%) Tornado
Applications
1 11 (5.19%) Sketch
2 5 (2.36%) Microsoft Excel
3 4 (1.89%) Adobe After Effects
3 4 (1.89%) Adobe Premiere
3 4 (1.89%) Camtasia
3 4 (1.89%) OmniGraffle
3 4 (1.89%) UserZoom
4 2 (0.94%) MS Visio
5 1 (0.47%) InVision
5 1 (0.47%) Microsoft PowerPoint
5 1 (0.47%) Microsoft Project
5 1 (0.47%) SPSS
Business Applications
1 2 (0.94%) Oracle AML
2 1 (0.47%) BASE24
2 1 (0.47%) Finacle
2 1 (0.47%) Misys Midas
2 1 (0.47%) Temenos T24
Cloud Services
1 21 (9.91%) AWS
2 16 (7.55%) GitHub
3 14 (6.60%) Azure
4 8 (3.77%) GCP
5 5 (2.36%) Power Platform
6 4 (1.89%) Azure Active Directory
6 4 (1.89%) SurveyMonkey
7 3 (1.42%) Datadog
7 3 (1.42%) Stackdriver
8 2 (0.94%) OpenShift
8 2 (0.94%) PaaS
8 2 (0.94%) SaaS
9 1 (0.47%) Adobe Analytics
9 1 (0.47%) Adobe Creative Cloud
9 1 (0.47%) Amazon EC2
9 1 (0.47%) Amazon S3
9 1 (0.47%) AWS Lambda
9 1 (0.47%) Cloud Computing
9 1 (0.47%) Office 365
9 1 (0.47%) Serverless
Communications & Networking
1 7 (3.30%) Internet
2 5 (2.36%) Firewall
2 5 (2.36%) HTTPS
3 2 (0.94%) Cisco Nexus
3 2 (0.94%) Network Security
4 1 (0.47%) Cisco IPT
4 1 (0.47%) FTP
4 1 (0.47%) SAN
4 1 (0.47%) SWIFTNet
Database & Business Intelligence
1 10 (4.72%) Hadoop
2 6 (2.83%) HBase
3 5 (2.36%) Power BI
4 4 (1.89%) Base SAS
4 4 (1.89%) Big Data
5 3 (1.42%) BigQuery
5 3 (1.42%) Data Mining
5 3 (1.42%) MySQL
5 3 (1.42%) Relational Database
5 3 (1.42%) SQL Server
6 1 (0.47%) Apache Hive
6 1 (0.47%) Data Lake
6 1 (0.47%) Impala
6 1 (0.47%) MariaDB
6 1 (0.47%) RDBMS
Development Applications
1 29 (13.68%) JIRA
2 18 (8.49%) Jenkins
3 16 (7.55%) Selenium
4 9 (4.25%) Axure RP
5 7 (3.30%) Git (software)
5 7 (3.30%) Maven
6 6 (2.83%) TeamCity
6 6 (2.83%) Travis CI
7 5 (2.36%) Bitbucket
7 5 (2.36%) Cucumber
7 5 (2.36%) Eclipse
7 5 (2.36%) IntelliJ
7 5 (2.36%) JUnit
7 5 (2.36%) Mockito
7 5 (2.36%) WebDriver
8 4 (1.89%) SonarQube
9 3 (1.42%) Appium
9 3 (1.42%) Gatling
9 3 (1.42%) LoadRunner
9 3 (1.42%) SoapUI
General
1 180 (84.91%) Banking
2 101 (47.64%) Finance
3 69 (32.55%) Investment Banking
4 53 (25.00%) Retail
5 48 (22.64%) Corporate Banking
6 6 (2.83%) Marketing
7 5 (2.36%) Legal
7 5 (2.36%) Publishing
8 4 (1.89%) German Language
9 3 (1.42%) Financial Institution
9 3 (1.42%) Front Office
10 2 (0.94%) International Banking
10 2 (0.94%) Public Sector
10 2 (0.94%) Spanish Language
11 1 (0.47%) Back Office
11 1 (0.47%) Law
11 1 (0.47%) Retail Finance
11 1 (0.47%) Telecoms
Job Titles
1 44 (20.75%) Analyst
2 38 (17.92%) Developer
3 24 (11.32%) Business Analyst
4 21 (9.91%) Architect
5 17 (8.02%) Banking Analyst
6 15 (7.08%) Java Developer
7 11 (5.19%) Designer
8 10 (4.72%) Project Manager
8 10 (4.72%) UX Designer
9 9 (4.25%) DevOps Engineer
10 8 (3.77%) Test Analyst
11 7 (3.30%) Banking Business Analyst
11 7 (3.30%) Retail Banking Business Analyst
11 7 (3.30%) Treasury Business Analyst
12 6 (2.83%) Administrator
12 6 (2.83%) Android Developer
12 6 (2.83%) Hadoop Developer
12 6 (2.83%) Java Hadoop Developer
12 6 (2.83%) Test Leader
13 5 (2.36%) Data Analyst
Libraries, Frameworks & Software Standards
1 10 (4.72%) Spring
2 8 (3.77%) RESTful
3 7 (3.30%) PySpark
4 6 (2.83%) HTML
4 6 (2.83%) J2EE
4 6 (2.83%) Kafka
4 6 (2.83%) Middleware
4 6 (2.83%) REST
4 6 (2.83%) Spring Boot
4 6 (2.83%) Web Services
5 5 (2.36%) Dagger
5 5 (2.36%) Material Design
5 5 (2.36%) Retrofit
5 5 (2.36%) RxJava
5 5 (2.36%) Spring Cloud
6 3 (1.42%) AngularJS
6 3 (1.42%) CSS
6 3 (1.42%) HTML5
6 3 (1.42%) JSON
6 3 (1.42%) React
Miscellaneous
1 34 (16.04%) Analytical Skills
2 25 (11.79%) User Experience
3 15 (7.08%) Management Information System
4 14 (6.60%) Mobile Banking
5 6 (2.83%) Linux Command Line
6 5 (2.36%) Credit Risk
7 4 (1.89%) Enterprise Software
7 4 (1.89%) Mobile App
7 4 (1.89%) Public Cloud
7 4 (1.89%) Robotics
7 4 (1.89%) Video Editing
8 3 (1.42%) Learning Management System
9 2 (0.94%) Data Centre
9 2 (0.94%) Data Structures
9 2 (0.94%) Driving Licence
9 2 (0.94%) Enterprise Cloud
9 2 (0.94%) Foreign Exchange (FX)
9 2 (0.94%) Mainframe
9 2 (0.94%) Online Banking
9 2 (0.94%) SWIFT
Operating Systems
1 11 (5.19%) Unix
2 9 (4.25%) Windows
3 8 (3.77%) Linux
4 6 (2.83%) Android
5 4 (1.89%) Windows Server
6 2 (0.94%) Windows 7
6 2 (0.94%) Windows Server 2008
7 1 (0.47%) OS/400
7 1 (0.47%) Solaris
7 1 (0.47%) VMS
7 1 (0.47%) Windows 10
7 1 (0.47%) Windows Server 2012
Processes & Methodologies
1 100 (47.17%) Agile Software Development
2 69 (32.55%) Wealth Management
3 31 (14.62%) DevOps
3 31 (14.62%) Test Automation
4 26 (12.26%) Stakeholder Management
5 22 (10.38%) Continuous Improvement
6 21 (9.91%) Problem-Solving
7 20 (9.43%) Scrum
8 19 (8.96%) Project Management
9 18 (8.49%) Microservices
10 17 (8.02%) TDD
11 14 (6.60%) Creative Thinking
11 14 (6.60%) Waterfall
12 13 (6.13%) Analytics
12 13 (6.13%) Test Strategy
12 13 (6.13%) User-Centered Design (UCD)
13 12 (5.66%) Business Analysis
13 12 (5.66%) Migration
14 11 (5.19%) Integration Testing
14 11 (5.19%) Test Scripting
Programming Languages
1 42 (19.81%) Java
2 23 (10.85%) SQL
3 19 (8.96%) Python
4 12 (5.66%) JavaScript
5 9 (4.25%) C#
6 8 (3.77%) Scala
7 7 (3.30%) Kotlin
8 6 (2.83%) Java 8
8 6 (2.83%) R
9 5 (2.36%) PHP
10 4 (1.89%) PowerShell
11 2 (0.94%) ES6
11 2 (0.94%) Groovy
11 2 (0.94%) PHP 7
11 2 (0.94%) VB
12 1 (0.47%) RPG
12 1 (0.47%) RPG IV
12 1 (0.47%) Ruby
12 1 (0.47%) TypeScript
12 1 (0.47%) VBA
Qualifications
1 9 (4.25%) Degree
2 6 (2.83%) ISEB
2 6 (2.83%) ISTQB
3 3 (1.42%) Numerate Degree
4 2 (0.94%) CCNP
4 2 (0.94%) Cisco Certification
4 2 (0.94%) CISSP
4 2 (0.94%) ISTQB Foundation Certification
4 2 (0.94%) Master's Degree
5 1 (0.47%) CISA
5 1 (0.47%) ISEB Practitioner
5 1 (0.47%) PgMP
5 1 (0.47%) PMI Certification
5 1 (0.47%) PRINCE2 Certification
Quality Assurance & Compliance
1 16 (7.55%) QA
2 7 (3.30%) Data Quality
3 3 (1.42%) PMO
4 2 (0.94%) ISO/IEC 20000
5 1 (0.47%) GDPR
5 1 (0.47%) IFRS
5 1 (0.47%) IFRS 9
5 1 (0.47%) ISO 20022
5 1 (0.47%) PSD2
5 1 (0.47%) SEPA
5 1 (0.47%) SLA
System Software
1 8 (3.77%) HDFS
2 7 (3.30%) Docker
3 5 (2.36%) Active Directory
4 2 (0.94%) OpenAM
4 2 (0.94%) OpenDJ
4 2 (0.94%) VMware Infrastructure
5 1 (0.47%) Virtual Machines
5 1 (0.47%) vSphere
Systems Management
1 9 (4.25%) Ansible
2 6 (2.83%) Hadoop YARN
2 6 (2.83%) Kubernetes
3 5 (2.36%) Puppet
3 5 (2.36%) Terraform
4 3 (1.42%) Istio
5 2 (0.94%) Opscode Chef
6 1 (0.47%) Control-M
6 1 (0.47%) Grafana
6 1 (0.47%) Kibana
6 1 (0.47%) logstash
6 1 (0.47%) Oozie
6 1 (0.47%) SCCM
Vendors
1 12 (5.66%) Adobe
2 8 (3.77%) Microsoft
2 8 (3.77%) Oracle
3 6 (2.83%) Google
4 4 (1.89%) Automation Anywhere
4 4 (1.89%) Splunk
4 4 (1.89%) UiPath
5 3 (1.42%) LogRhythm
5 3 (1.42%) Teradata
5 3 (1.42%) Veracode
5 3 (1.42%) VMware
6 2 (0.94%) BT
6 2 (0.94%) ForgeRock
6 2 (0.94%) Murex
6 2 (0.94%) SAP
7 1 (0.47%) Bloomberg
7 1 (0.47%) Cisco
7 1 (0.47%) Citrix
7 1 (0.47%) MicroStrategy
7 1 (0.47%) Temenos