Period
to 23 January 2018

The table below looks at the prevalence of the term Investment Banking in contract job vacancies advertised in the West Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 23 January 2018 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.

Investment Banking
England > West Midlands
6 months to
23 Jan 2018
Same period 2017 Same period 2016
Rank 173 193 168
Rank change year-on-year +20 -25 -11
Contract jobs citing Investment Banking 10 4 13
As % of all contract IT jobs advertised in the West Midlands 0.21% 0.074% 0.26%
As % of the General category 0.78% 0.24% 0.83%
Number of daily rates quoted 7 2 11
West Midlands median daily rate £475 £463 £375
Median daily rate % change year-on-year +2.70% +23.33% -4.46%
10th Percentile £315 £430 £150
90th Percentile £525 £515 £500
England median daily rate £575 £575 £550
% change year-on-year - +4.55% -
Number of hourly rates quoted 0 0 0
West Midlands median hourly rate - - -
England median hourly rate £15.00 £80.00 £70.00
% change year-on-year -81.25% +14.29% +218.18%

Investment 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 advertised in the West Midlands with a requirement for common skills.

All General Skills
West Midlands
Contract vacancies with a requirement for common skills 1,284 1,651 1,573
As % of all contract IT jobs advertised in the West Midlands 27.20% 30.51% 31.87%
Number of daily rates quoted 777 976 885
West Midlands median daily rate £400 £406 £400
Median daily rate % change year-on-year -1.54% +1.56% +9.97%
10th Percentile £223 £225 £250
90th Percentile £563 £575 £575
England median daily rate £475 £450 £438
% change year-on-year +5.56% +2.86% +2.94%
Number of hourly rates quoted 73 70 104
West Midlands median hourly rate £28.50 £21.34 £25.33
Median hourly rate % change year-on-year +33.55% -15.75% -15.21%
10th Percentile £13.79 £10.74 £12.35
90th Percentile £44.95 £36.85 £43.75
England median hourly rate £26.00 £25.00 £26.00
% change year-on-year +4.00% -3.85% +14.59%

Investment Banking
Job Vacancy Trend in the West Midlands

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

Job vacancy trend for Investment Banking in the West Midlands

Investment Banking
Contractor Daily Rate Trend in the West Midlands

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

Contractor daily rate trend for Investment Banking in the West Midlands

Investment Banking
Contractor Daily Rate Histogram in the West Midlands

The daily rate distribution of IT jobs citing Investment Banking in the West Midlands over the 6 months to 23 January 2018.

Contractor daily rate histogram for Investment Banking in the West Midlands

Investment 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 Investment Banking within the West Midlands region over the 6 months to 23 January 2018. 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
Birmingham -4 9 £475 +2.70% 1
Coventry - 1 - -
Investment Banking
England

For the 6 months to 23 January 2018, IT contractor jobs citing Investment 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 across the West Midlands region with a requirement for Investment Banking.

1 10 (100.00%) Banking
2 7 (70.00%) Finance
3 4 (40.00%) Analytical Skills
4 3 (30.00%) Test Scripting
4 3 (30.00%) FATCA
4 3 (30.00%) Defect Management
4 3 (30.00%) Microsoft PowerPoint
4 3 (30.00%) MiFID
4 3 (30.00%) Data Mapping
4 3 (30.00%) Validation
4 3 (30.00%) Microsoft Excel
4 3 (30.00%) MS Visio
5 2 (20.00%) Migration
5 2 (20.00%) Stakeholder Management
5 2 (20.00%) XML Messaging
5 2 (20.00%) HP Quality Center
5 2 (20.00%) Wealth Management
5 2 (20.00%) JIRA
5 2 (20.00%) Requirements Analysis
5 2 (20.00%) Retail Banking
5 2 (20.00%) Business Analysis
5 2 (20.00%) Defect Tracking
5 2 (20.00%) XML
5 2 (20.00%) Test Planning
6 1 (10.00%) Market Making
6 1 (10.00%) Functional Testing
6 1 (10.00%) AngularJS
6 1 (10.00%) Manual Testing
6 1 (10.00%) Reference Data
6 1 (10.00%) SEPA

Investment Banking
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:

Applications
1 3 (30.00%) Microsoft Excel
1 3 (30.00%) Microsoft PowerPoint
1 3 (30.00%) MS Visio
2 1 (10.00%) Microsoft Office
Database & Business Intelligence
1 1 (10.00%) SQL Server
Development Applications
1 2 (20.00%) JIRA
General
1 10 (100.00%) Banking
2 7 (70.00%) Finance
3 2 (20.00%) Retail Banking
4 1 (10.00%) Financial Institution
4 1 (10.00%) Law
4 1 (10.00%) Retail
Job Titles
1 8 (80.00%) Analyst
2 3 (30.00%) Business Analyst
2 3 (30.00%) Data Business Analyst
2 3 (30.00%) Regulatory Business Analyst
2 3 (30.00%) Test Analyst
3 2 (20.00%) Banking Analyst
4 1 (10.00%) C# Developer
4 1 (10.00%) Data Analyst
4 1 (10.00%) Developer
4 1 (10.00%) Risk Analyst
4 1 (10.00%) Senior Manager
4 1 (10.00%) Senior Test Manager
4 1 (10.00%) Test Manager
Libraries, Frameworks & Software Standards
1 2 (20.00%) XML
1 2 (20.00%) XML Messaging
2 1 (10.00%) .NET
2 1 (10.00%) Ajax
2 1 (10.00%) AngularJS
2 1 (10.00%) Backbone.js
2 1 (10.00%) CSS
2 1 (10.00%) HTML
2 1 (10.00%) HTML5
2 1 (10.00%) jQuery
2 1 (10.00%) React
Miscellaneous
1 4 (40.00%) Analytical Skills
2 1 (10.00%) Derivative
2 1 (10.00%) Reference Data
Processes & Methodologies
1 3 (30.00%) Data Mapping
1 3 (30.00%) Defect Management
1 3 (30.00%) Test Scripting
1 3 (30.00%) Validation
2 2 (20.00%) Business Analysis
2 2 (20.00%) Defect Tracking
2 2 (20.00%) Migration
2 2 (20.00%) Requirements Analysis
2 2 (20.00%) Stakeholder Management
2 2 (20.00%) Test Planning
2 2 (20.00%) Wealth Management
3 1 (10.00%) Data Analysis
3 1 (10.00%) Functional Testing
3 1 (10.00%) Manual Testing
3 1 (10.00%) Market Making
3 1 (10.00%) MVC
3 1 (10.00%) Quality Management
3 1 (10.00%) Release Management
3 1 (10.00%) Risk Management
3 1 (10.00%) User Acceptance Testing
Programming Languages
1 1 (10.00%) C#
1 1 (10.00%) JavaScript
1 1 (10.00%) SQL
Qualifications
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 3 (30.00%) FATCA
1 3 (30.00%) MiFID
2 1 (10.00%) QA
2 1 (10.00%) SEPA
Systems Management
1 2 (20.00%) HP Quality Center
Vendors
1 1 (10.00%) GoldenSource