Banking Contracts in the West Midlands

Banking
England > West Midlands

The table below looks at the prevalence of the term Banking in contract job vacancies in the West Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 19 August 2025, comparing them to the same period in the previous two years.

6 months to
19 Aug 2025
Same period 2024 Same period 2023
Rank 75 74 75
Rank change year-on-year -1 +1 +57
Contract jobs citing Banking 41 32 51
As % of all contract jobs advertised in the West Midlands 2.38% 1.70% 2.36%
As % of the General category 3.73% 3.09% 4.52%
Number of daily rates quoted 29 21 34
10th Percentile £420 £425 £400
25th Percentile £463 £525 £519
Median daily rate (50th Percentile) £525 £618 £600
Median % change year-on-year -14.98% +2.92% +10.09%
75th Percentile £630 £750 £731
90th Percentile £725 £775 £750
England median daily rate £563 £625 £628
% change year-on-year -10.00% -0.40% -3.46%
Number of hourly rates quoted 2 2 0
Median hourly rate £13.78 £28.25 -
Median % change year-on-year -51.22% - -
England median hourly rate £25.15 £18.89 £17.98
% change year-on-year +33.17% +5.03% -27.95%

All General Skills
West Midlands

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 in the West Midlands.

Contract vacancies with a requirement for common skills 1,098 1,034 1,129
As % of all contract IT jobs advertised in the West Midlands 63.84% 54.88% 52.32%
Number of daily rates quoted 690 689 782
10th Percentile £220 £248 £250
25th Percentile £375 £375 £400
Median daily rate (50th Percentile) £475 £500 £525
Median % change year-on-year -5.00% -4.76% +5.00%
75th Percentile £575 £630 £638
90th Percentile £638 £750 £738
England median daily rate £508 £538 £550
% change year-on-year -5.67% -2.18% -
Number of hourly rates quoted 86 67 46
10th Percentile £14.00 £13.00 £14.03
25th Percentile £16.60 £14.85 £17.31
Median hourly rate £28.18 £19.59 £21.54
Median % change year-on-year +43.85% -9.03% +30.52%
75th Percentile £40.19 £32.27 £28.75
90th Percentile £50.00 £49.25 £46.25
England median hourly rate £25.15 £38.12 £27.50
% change year-on-year -34.02% +38.62% +13.61%

Banking
Job Vacancy Trend in the West Midlands

Job postings citing Banking as a proportion of all IT jobs advertised in the West Midlands.

Job vacancy trend for Banking in the West Midlands

Banking
Contractor Daily Rate Trend in the West Midlands

3-month moving average daily rate quoted in jobs citing Banking in the West Midlands.

Daily rate trend for Banking in the West Midlands

Banking
Daily Rate Histogram in the West Midlands

Daily rate distribution for jobs citing Banking in the West Midlands over the 6 months to 19 August 2025.

Daily rate histogram for Banking in the West Midlands

Banking
Contractor Hourly Rate Trend in the West Midlands

3-month moving average hourly rates quoted in jobs citing Banking in the West Midlands.

Hourly rate trend for Banking in the West Midlands

Banking
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the West Midlands region over the 6 months to 19 August 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
Birmingham +8 26 £500 -14.89% 25
Coventry -1 9 £531 -13.97% 4
Staffordshire - 4 £575 - 16
Warwickshire -5 2 £963 +28.33%
Banking
England

Banking
Co-occurring Skills and Capabilities in the West Midlands 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 1 (2.44%) SAS
Business Applications
1 1 (2.44%) Summit
Cloud Services
1 1 (2.44%) Microsoft 365
1 1 (2.44%) Microsoft Copilot
Communications & Networking
1 5 (12.20%) DMZ
1 5 (12.20%) DNS
1 5 (12.20%) F5 BIG-IP GTM
1 5 (12.20%) F5 BIG-IP LTM
2 4 (9.76%) Network Security
3 2 (4.88%) Broadband
4 1 (2.44%) BIG-IP
4 1 (2.44%) HTTP
4 1 (2.44%) SSL
4 1 (2.44%) TCP/IP
4 1 (2.44%) Wireshark
Database & Business Intelligence
1 5 (12.20%) MongoDB
2 3 (7.32%) NoSQL
3 1 (2.44%) Tableau
Development Applications
1 5 (12.20%) JUnit
2 2 (4.88%) GitLab
3 1 (2.44%) Fiddler
3 1 (2.44%) JIRA
General
1 19 (46.34%) Finance
2 11 (26.83%) Analytical Skills
2 11 (26.83%) Social Skills
3 5 (12.20%) Investment Banking
4 4 (9.76%) Retail Banking
5 3 (7.32%) Influencing Skills
6 2 (4.88%) Financial Institution
6 2 (4.88%) Games
7 1 (2.44%) Advertising
7 1 (2.44%) Legal
7 1 (2.44%) Marketing
7 1 (2.44%) Presentation Skills
7 1 (2.44%) Telecoms
Job Titles
1 7 (17.07%) Analyst
2 6 (14.63%) Lead
3 5 (12.20%) Developer
3 5 (12.20%) Java Developer
3 5 (12.20%) Project Manager
4 4 (9.76%) Business Analyst
4 4 (9.76%) Operations Engineer
5 3 (7.32%) Consultant
5 3 (7.32%) Senior
5 3 (7.32%) Technical Manager
5 3 (7.32%) Technical Project Manager
6 2 (4.88%) Customer Service Advisor
6 2 (4.88%) PMO Lead
6 2 (4.88%) Product Consultant
6 2 (4.88%) Scrum Master
6 2 (4.88%) Transformation Director
7 1 (2.44%) Automation Engineer
7 1 (2.44%) Financial Services Project Manager
7 1 (2.44%) Mobile Project Manager
7 1 (2.44%) Mortgage Business Analyst
Libraries, Frameworks & Software Standards
1 5 (12.20%) Gherkin
1 5 (12.20%) Kafka
2 2 (4.88%) Spring
Miscellaneous
1 7 (17.07%) Data Protection Act
2 6 (14.63%) Self-Motivation
3 5 (12.20%) Management Information System
3 5 (12.20%) Onboarding
4 1 (2.44%) Data Centre
4 1 (2.44%) Mainframe
4 1 (2.44%) Mobile App
4 1 (2.44%) Social Media
Processes & Methodologies
1 11 (26.83%) Problem-Solving
2 7 (17.07%) Data Protection
3 6 (14.63%) Agile
3 6 (14.63%) SDLC
3 6 (14.63%) Stakeholder Engagement
4 5 (12.20%) Load Balancing
4 5 (12.20%) Microservices
4 5 (12.20%) Project Management
4 5 (12.20%) Stakeholder Management
5 4 (9.76%) Analytics
5 4 (9.76%) Business Strategy
5 4 (9.76%) Change Management
5 4 (9.76%) Design Patterns
5 4 (9.76%) Process Improvement
6 3 (7.32%) Decision-Making
6 3 (7.32%) Migration
6 3 (7.32%) Programme Management
6 3 (7.32%) Risk Management
6 3 (7.32%) Roadmaps
6 3 (7.32%) TDD
Programming Languages
1 5 (12.20%) Java
2 2 (4.88%) Python
3 1 (2.44%) COBOL
3 1 (2.44%) SQL
Qualifications
1 2 (4.88%) Computer Science Degree
1 2 (4.88%) Degree
2 1 (2.44%) TOGAF Certification
Quality Assurance & Compliance
1 4 (9.76%) PMO
2 2 (4.88%) Data Quality
3 1 (2.44%) GDPR
System Software
1 4 (9.76%) VMware Infrastructure
Systems Management
1 1 (2.44%) Ansible
Vendors
1 5 (12.20%) F5
1 5 (12.20%) VMware
2 3 (7.32%) Microsoft
3 2 (4.88%) BT
4 1 (2.44%) Blue Coat
4 1 (2.44%) Cognizant
4 1 (2.44%) Genesys
4 1 (2.44%) McAfee
4 1 (2.44%) MuleSoft
4 1 (2.44%) NetApp