The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in the West Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 3 months to 23 June 2017 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.

Financial Institution
England / West Midlands
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 115 133 119
Rank change year-on-year +18 -14  
Contract jobs citing Financial Institution 6 3 4
As % of all contract IT jobs advertised in the West Midlands 0.30% 0.100% 0.17%
As % of the General category 1.03% 0.38% 0.49%
Number of daily rates quoted 1 2 2
Median daily rate £325 £463 £325
Median daily rate % change year-on-year -29.72% +42.30%  
UK excluding London median daily rate £475 £438 £393
% change year-on-year +8.57% +11.46%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £10.44 £10.45
% change year-on-year - -0.11%  

Financial Institution is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the West Midlands with a requirement for common skills.

General Skills
West Midlands
Contract job vacancies with a requirement for common skills 583 785 815
As % of all contract IT job vacancies advertised in the West Midlands 28.71% 26.07% 33.82%
Number of daily rates quoted 333 488 489
Median daily rate £400 £400 £390
Median daily rate % change year-on-year - +2.56%  
90% offered a daily rate of more than £275 £225 £217
10% offered a daily rate of more than £537 £575 £500
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 28 23 41
Median hourly rate £25.00 £31.75 £29.00
Median hourly rate % change year-on-year -21.25% +9.48%  
90% offered a hourly rate of more than £15.00 £13.00 £15.80
10% offered a hourly rate of more than £51.00 £54.00 £40.00
UK excluding London median hourly rate £30.00 £25.00 £22.50
% change year-on-year +20.00% +11.11%  

Financial Institution
Job Vacancy Trend in the West Midlands

The job posting trend of jobs advertised in the West Midlands citing Financial Institution as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Financial Institution in the West Midlands

Financial Institution
Contractor Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Institution in the West Midlands.

Contractor daily rate trend for Financial Institution in the West Midlands

Financial Institution
Contractor Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Financial Institution in the West Midlands.

Contractor hourly rate trend for Financial Institution in the West Midlands

Financial Institution
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 Financial Institution within the West Midlands region over the 3 months to 23 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Birmingham +19 5 - -
Financial Institution
England

For the 6 months to 23 June 2017, IT contractor jobs citing Financial Institution also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region with a requirement for Financial Institution.

1 7 (100.00%) Finance
2 4 (57.14%) HP
2 4 (57.14%) Investment Banking
2 4 (57.14%) Apache Solr
2 4 (57.14%) E-Discovery
2 4 (57.14%) Banking
2 4 (57.14%) Investment Management
2 4 (57.14%) Virtual Team
3 2 (28.57%) ITIL
3 2 (28.57%) Stakeholder Management
4 1 (14.29%) Information Security
4 1 (14.29%) CISSP
4 1 (14.29%) Cisco Certification
4 1 (14.29%) Internet
4 1 (14.29%) Migration
4 1 (14.29%) C
4 1 (14.29%) Microsoft Office
4 1 (14.29%) PRINCE2
4 1 (14.29%) E-Commerce
4 1 (14.29%) MS Visio
4 1 (14.29%) ETL
4 1 (14.29%) LAN
4 1 (14.29%) WAN
4 1 (14.29%) Cisco
4 1 (14.29%) CCNA
4 1 (14.29%) CISA
4 1 (14.29%) CISM
4 1 (14.29%) Change Management
4 1 (14.29%) Firewall
4 1 (14.29%) Data Migration

Financial Institution
Co-occurring IT Skills in the West Midlands 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 4 (57.14%) Apache Solr
Applications
1 1 (14.29%) Microsoft Office
1 1 (14.29%) MS Visio
Communications & Networking
1 1 (14.29%) Firewall
1 1 (14.29%) Internet
1 1 (14.29%) LAN
1 1 (14.29%) WAN
General
1 7 (100.00%) Finance
2 4 (57.14%) Banking
2 4 (57.14%) Investment Banking
Job Titles
1 4 (57.14%) Developer
1 4 (57.14%) Technical Developer
2 2 (28.57%) Analyst
3 1 (14.29%) Business Analyst
3 1 (14.29%) Credit Analyst
3 1 (14.29%) Credit Risk Analyst
3 1 (14.29%) Credit Risk Business Analyst
3 1 (14.29%) Financial Analyst
3 1 (14.29%) Information Analyst
3 1 (14.29%) Information Security Analyst
3 1 (14.29%) Project Manager
3 1 (14.29%) Risk Analyst
3 1 (14.29%) Security Analyst
3 1 (14.29%) Senior Analyst
3 1 (14.29%) Senior Information Analyst
3 1 (14.29%) Senior Information Security Analyst
3 1 (14.29%) Senior Security Analyst
3 1 (14.29%) Service Analyst
3 1 (14.29%) Technical Manager
3 1 (14.29%) Technical Project Manager
Miscellaneous
1 4 (57.14%) Virtual Team
2 1 (14.29%) Credit Risk
Processes & Methodologies
1 4 (57.14%) E-Discovery
1 4 (57.14%) Investment Management
2 2 (28.57%) ITIL
2 2 (28.57%) Stakeholder Management
3 1 (14.29%) Business Analysis
3 1 (14.29%) Change Management
3 1 (14.29%) Data Migration
3 1 (14.29%) E-Commerce
3 1 (14.29%) ETL
3 1 (14.29%) ETL Development
3 1 (14.29%) Information Security
3 1 (14.29%) IT Audit
3 1 (14.29%) Logistics
3 1 (14.29%) Migration
3 1 (14.29%) Penetration Testing
3 1 (14.29%) PRINCE2
3 1 (14.29%) User Acceptance Testing
3 1 (14.29%) Vulnerability Scanning
Programming Languages
1 1 (14.29%) C
Qualifications
1 1 (14.29%) CCNA
1 1 (14.29%) CISA
1 1 (14.29%) Cisco Certification
1 1 (14.29%) CISM
1 1 (14.29%) CISSP
1 1 (14.29%) CRISC
Quality Assurance & Compliance
1 1 (14.29%) COBIT
Vendors
1 4 (57.14%) HP
2 1 (14.29%) Cisco