Wholesale Banking Contracts

Wholesale Banking
UK

The table below looks at the prevalence of the term Wholesale Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Wholesale Banking over the 6 months leading up to 2 May 2025, comparing them to the same period in the previous two years.

6 months to
2 May 2025
Same period 2024 Same period 2023
Rank 511 568 702
Rank change year-on-year +57 +134 +130
Contract jobs citing Wholesale Banking 9 30 10
As % of all contract jobs advertised in the UK 0.031% 0.069% 0.017%
As % of the General category 0.049% 0.12% 0.029%
Number of daily rates quoted 7 23 9
10th Percentile £304 - £453
25th Percentile - £114 £463
Median daily rate (50th Percentile) £325 £820 £500
Median % change year-on-year -60.37% +64.00% -16.67%
75th Percentile £346 £960 £700
90th Percentile £385 £1,250 £745
UK excluding London median daily rate £325 £114 -
% change year-on-year +186.14% - -

All General Skills
UK

Wholesale Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills.

Contract vacancies with a requirement for common skills 18,528 25,308 34,807
As % of all contract IT jobs advertised in the UK 63.15% 58.17% 58.49%
Number of daily rates quoted 11,821 15,958 24,141
10th Percentile £300 £275 £313
25th Percentile £409 £413 £440
Median daily rate (50th Percentile) £525 £525 £550
Median % change year-on-year - -4.55% +2.80%
75th Percentile £640 £650 £675
90th Percentile £763 £763 £775
UK excluding London median daily rate £475 £495 £500
% change year-on-year -4.04% -1.00% +5.26%
Number of hourly rates quoted 788 1,948 1,063
10th Percentile £14.00 £12.78 £13.41
25th Percentile £17.44 £15.49 £18.09
Median hourly rate £27.50 £30.00 £35.00
Median % change year-on-year -8.33% -14.29% +59.31%
75th Percentile £56.00 £51.91 £61.25
90th Percentile £75.00 £65.01 £72.50
UK excluding London median hourly rate £24.66 £28.00 £30.54
% change year-on-year -11.93% -8.32% +65.08%

Wholesale Banking
Job Vacancy Trend

Job postings citing Wholesale Banking as a proportion of all IT jobs advertised.

Job vacancy trend for Wholesale Banking in the UK

Wholesale Banking
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Wholesale Banking.

Daily rate trend for Wholesale Banking in the UK

Wholesale Banking
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Wholesale Banking within the UK over the 6 months to 2 May 2025. 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
UK excluding London +61 8 £325 +186.14% 4
Work from Home +47 7 £325 -74.00% 5
Northern Ireland - 6 £325 -
England +29 3 £325 -59.25% 14
North of England - 2 - -
Yorkshire - 2 - -
London +21 1 £325 -62.03% 14

Wholesale Banking
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (22.22%) Apache Spark
Cloud Services
1 2 (22.22%) Collibra
Database & Business Intelligence
1 2 (22.22%) BigQuery
Development Applications
1 7 (77.78%) Git
2 5 (55.56%) Ant
2 5 (55.56%) Jenkins
2 5 (55.56%) Maven
2 5 (55.56%) Subversion
General
1 9 (100.00%) Banking
2 7 (77.78%) Finance
3 5 (55.56%) Front Office
Job Titles
1 7 (77.78%) Developer
2 5 (55.56%) .NET Developer
2 5 (55.56%) .NET Software Developer
2 5 (55.56%) .NET Software Engineer
2 5 (55.56%) C# .NET Developer
2 5 (55.56%) C# Developer
2 5 (55.56%) C# Software Developer
2 5 (55.56%) C# Software Engineer
2 5 (55.56%) Developer/Software Engineer
2 5 (55.56%) Software Engineer
3 2 (22.22%) Architect
3 2 (22.22%) Full-Stack Developer
3 2 (22.22%) Full-Stack Java Developer
3 2 (22.22%) Java Developer
3 2 (22.22%) Java Software Developer
3 2 (22.22%) Software Developer
Libraries, Frameworks & Software Standards
1 5 (55.56%) .NET
2 2 (22.22%) AngularJS
2 2 (22.22%) Apache Avro
2 2 (22.22%) JSON
2 2 (22.22%) Kafka
2 2 (22.22%) OpenTelemetry
2 2 (22.22%) React
2 2 (22.22%) RESTful
2 2 (22.22%) Spring
2 2 (22.22%) Web Services
2 2 (22.22%) XML
Miscellaneous
1 7 (77.78%) Derivative
1 7 (77.78%) Equities
1 7 (77.78%) Equity Derivative
2 5 (55.56%) Product Ownership
Operating Systems
1 5 (55.56%) Linux
1 5 (55.56%) Unix
1 5 (55.56%) Windows
Processes & Methodologies
1 5 (55.56%) Concurrent Programming
1 5 (55.56%) Design Patterns
1 5 (55.56%) High Availability
1 5 (55.56%) OO
1 5 (55.56%) OOA/OOD
1 5 (55.56%) SDLC
1 5 (55.56%) Software Engineering
2 2 (22.22%) Business Case
2 2 (22.22%) Clean Code
2 2 (22.22%) Code Quality
2 2 (22.22%) Continuous Integration
2 2 (22.22%) Data Pipeline
2 2 (22.22%) Full-Stack Development
2 2 (22.22%) Monte Carlo Method
2 2 (22.22%) Observability
2 2 (22.22%) Problem-Solving
2 2 (22.22%) Use Case
2 2 (22.22%) User Experience
Programming Languages
1 5 (55.56%) C#
1 5 (55.56%) SQL
2 2 (22.22%) Java
2 2 (22.22%) Kotlin
2 2 (22.22%) Scala
Quality Assurance & Compliance
1 2 (22.22%) QA
Systems Management
1 2 (22.22%) Grafana
1 2 (22.22%) Prometheus
Vendors
1 5 (55.56%) Microsoft
2 2 (22.22%) AppDynamics
2 2 (22.22%) IBM