Banking Analyst Contracts with Work from Home Options

Banking Analyst
UK > Work from Home

The median Banking Analyst daily rate in Work from Home is £625 according to job vacancies posted during the 6 months to 2 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
2 May 2024
Same period 2023 Same period 2022
Rank 253 403 515
Rank change year-on-year +150 +112 -87
Contract jobs requiring a Banking Analyst 91 68 108
As % of all contract jobs with a WFH option 0.60% 0.26% 0.24%
As % of the Job Titles category 0.64% 0.28% 0.25%
Number of daily rates quoted 36 27 74
10th Percentile £371 £338 £400
25th Percentile £500 £441 £428
Median daily rate (50th Percentile) £625 £500 £550
Median % change year-on-year +25.00% -9.09% +11.56%
75th Percentile £850 £628 £631
90th Percentile - £700 £700
UK median daily rate £625 £593 £575
% change year-on-year +5.49% +3.04% +19.48%

All Contract IT Job Vacancies
Work from Home

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies with a WFH option. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in Work from Home with a recognized job title 14,262 24,476 42,692
% of contract IT jobs with a recognized job title 93.48% 95.36% 95.77%
Number of daily rates quoted 9,547 17,287 30,849
10th Percentile £325 £356 £356
25th Percentile £425 £443 £425
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.33% +2.38% +10.53%
75th Percentile £638 £650 £625
90th Percentile £750 £750 £713
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.53%
Number of hourly rates quoted 576 563 608
10th Percentile £14.34 £18.50 £13.21
25th Percentile £23.32 £25.98 £18.75
Median hourly rate £43.00 £55.00 £35.00
Median % change year-on-year -21.82% +57.14% +40.00%
75th Percentile £63.00 £68.75 £55.00
90th Percentile £75.25 £80.25 £66.00
UK median hourly rate £36.42 £45.00 £23.14
% change year-on-year -19.07% +94.45% +2.04%

Banking Analyst
Trend for Jobs with a WFH Option

Job vacancies with a work from home option which featured Banking Analyst in the job title as a proportion of all IT jobs advertised.

Banking Analyst trend for jobs with a WFH option

Banking Analyst
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Banking Analyst.

Banking Analyst daily rate for jobs with a WFH option

Banking Analyst
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Banking Analyst over the 6 months to 2 May 2024.

Banking Analyst daily rate histogram for jobs with a WFH option

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in Job Vacancies with WFH Options

For the 6 months to 2 May 2024, Banking Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract jobs with a WFH option featuring Banking Analyst in the job title.

1 91 (100.00%) Banking
2 87 (95.60%) Finance
3 53 (58.24%) Change Management
4 41 (45.05%) Service Management
5 32 (35.16%) ITSM
6 25 (27.47%) SQL
7 23 (25.27%) Front Office
8 22 (24.18%) Python
9 21 (23.08%) C#
9 21 (23.08%) Derivative
10 20 (21.98%) Investment Management
10 20 (21.98%) Hedge funds
10 20 (21.98%) Mentoring
10 20 (21.98%) ITIL
10 20 (21.98%) Back Office
10 20 (21.98%) Asset Management
11 13 (14.29%) Site Reliability Engineering
11 13 (14.29%) GAP Analysis
11 13 (14.29%) DevOps
12 9 (9.89%) Data Analysis
13 8 (8.79%) Social Skills
14 7 (7.69%) Analytical Skills
15 6 (6.59%) ServiceNow
15 6 (6.59%) Visualisation
15 6 (6.59%) Migration
15 6 (6.59%) Agile
15 6 (6.59%) Microsoft Excel
15 6 (6.59%) MS Visio
15 6 (6.59%) Problem-Solving
16 5 (5.49%) Microsoft PowerPoint

Banking Analyst Skill Set
Co-occurring Skills and Capabilities with WFH Options 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 (2.20%) Confluence
2 1 (1.10%) Appian
Applications
1 6 (6.59%) Microsoft Excel
1 6 (6.59%) MS Visio
2 5 (5.49%) Microsoft PowerPoint
3 1 (1.10%) Microsoft Office
Cloud Services
1 3 (3.30%) Power Platform
2 1 (1.10%) Power Automate
2 1 (1.10%) PowerApps
Database & Business Intelligence
1 3 (3.30%) Power BI
2 2 (2.20%) SQL Server
3 1 (1.10%) Hadoop
3 1 (1.10%) Impala
3 1 (1.10%) NoSQL
3 1 (1.10%) RDBMS
3 1 (1.10%) Relational Database
3 1 (1.10%) Tableau
Development Applications
1 2 (2.20%) JIRA
General
1 91 (100.00%) Banking
2 87 (95.60%) Finance
3 23 (25.27%) Front Office
4 20 (21.98%) Back Office
5 8 (8.79%) Social Skills
6 7 (7.69%) Analytical Skills
7 4 (4.40%) Investment Banking
8 2 (2.20%) Financial Institution
8 2 (2.20%) Retail Banking
9 1 (1.10%) Presentation Skills
Miscellaneous
1 21 (23.08%) Derivative
2 20 (21.98%) Hedge funds
3 3 (3.30%) Product Ownership
4 2 (2.20%) Online Banking
5 1 (1.10%) Analytical Mindset
5 1 (1.10%) Foreign Exchange (FX)
5 1 (1.10%) Management Information System
5 1 (1.10%) Self-Motivation
5 1 (1.10%) SWIFT Messaging Network
Processes & Methodologies
1 53 (58.24%) Change Management
2 41 (45.05%) Service Management
3 32 (35.16%) ITSM
4 20 (21.98%) Asset Management
4 20 (21.98%) Investment Management
4 20 (21.98%) ITIL
4 20 (21.98%) Mentoring
5 13 (14.29%) DevOps
5 13 (14.29%) GAP Analysis
5 13 (14.29%) Site Reliability Engineering
6 9 (9.89%) Data Analysis
7 6 (6.59%) Agile
7 6 (6.59%) Migration
7 6 (6.59%) Problem-Solving
7 6 (6.59%) Visualisation
8 4 (4.40%) Business Intelligence
8 4 (4.40%) Data Mapping
9 3 (3.30%) Analytics
9 3 (3.30%) Use Case
10 2 (2.20%) User Stories
Programming Languages
1 25 (27.47%) SQL
2 22 (24.18%) Python
3 21 (23.08%) C#
4 2 (2.20%) R
5 1 (1.10%) PL/SQL
5 1 (1.10%) VBA
Qualifications
1 4 (4.40%) Degree
2 1 (1.10%) SC Cleared
2 1 (1.10%) Security Cleared
2 1 (1.10%) Six Sigma Black Belt
2 1 (1.10%) Six Sigma Green Belt
2 1 (1.10%) Tableau Certification
Quality Assurance & Compliance
1 5 (5.49%) QA
2 3 (3.30%) PMO
Vendors
1 6 (6.59%) ServiceNow
2 3 (3.30%) Microsoft
3 2 (2.20%) Salesforce
4 1 (1.10%) Calypso
4 1 (1.10%) Murex