Banking Contracts with Hybrid/Remote/WFH Options

Banking
UK > Work from Home

The table below looks at the prevalence of the term Banking in remote or hybrid contract work. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 21 21 20
Rank change year-on-year 0 -1 +16
Contract jobs citing Banking 824 1,188 2,093
As % of all contract jobs with a WFH option 8.32% 7.74% 8.09%
As % of the General category 13.34% 13.15% 13.87%
Number of daily rates quoted 514 752 1,352
10th Percentile £363 £400 £450
25th Percentile £457 £500 £525
Median daily rate (50th Percentile) £600 £625 £650
Median % change year-on-year -4.00% -3.85% +8.33%
75th Percentile £788 £788 £788
90th Percentile £875 £886 £875
UK median daily rate £600 £618 £650
% change year-on-year -2.95% -4.88% +4.00%
Number of hourly rates quoted 5 3 1
10th Percentile - - -
25th Percentile £13.78 - -
Median hourly rate £16.00 £12.84 £8.00
Median % change year-on-year +24.61% +60.50% -72.48%
75th Percentile - £47.92 -
90th Percentile - £68.97 -
UK median hourly rate £22.27 £19.50 £21.00
% change year-on-year +14.21% -7.14% -18.30%

All General Skills
Work from Home

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

Contract vacancies with a requirement for common skills 6,176 9,033 15,091
As % of all contract jobs with a WFH option 62.35% 58.87% 58.36%
Number of daily rates quoted 4,155 5,908 10,633
10th Percentile £325 £331 £363
25th Percentile £419 £425 £450
Median daily rate (50th Percentile) £525 £538 £550
Median % change year-on-year -2.33% -2.27% +4.76%
75th Percentile £650 £650 £675
90th Percentile £800 £775 £775
UK median daily rate £525 £525 £550
% change year-on-year - -4.55% +2.80%
Number of hourly rates quoted 182 477 347
10th Percentile £14.00 £14.03 £19.04
25th Percentile £18.50 £22.61 £29.31
Median hourly rate £32.05 £38.12 £50.00
Median % change year-on-year -15.92% -23.76% +61.29%
75th Percentile £64.69 £53.00 £67.50
90th Percentile £85.93 £72.50 £80.25
UK median hourly rate £27.50 £30.00 £35.00
% change year-on-year -8.33% -14.29% +59.31%

Banking
Trend for Jobs with a WFH Option

Job vacancies with remote working options citing Banking as a proportion of all IT jobs advertised.

Banking trend for jobs with Hybrid/Remote/WFH options

Banking
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with remote working options citing Banking.

Banking daily rate for jobs with a WFH option

Banking
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with remote working options citing Banking over the 6 months to 1 May 2025.

Banking daily rate histogram for jobs with a WFH option

Banking
Hourly Rate Trend for Jobs with a WFH Option

3-month moving average hourly rate quoted in job vacancies with remote working options citing Banking.

Banking hourly rate for jobs with a WFH option

Banking
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 55 (6.67%) Apache Airflow
2 41 (4.98%) Apache
3 17 (2.06%) Confluence
4 15 (1.82%) SharePoint
5 11 (1.33%) Apache Spark
6 9 (1.09%) SAS
7 7 (0.85%) WebSphere
8 6 (0.73%) WebLogic
9 4 (0.49%) CICS
9 4 (0.49%) JBoss
9 4 (0.49%) Microsoft Exchange
10 3 (0.36%) Jupyter
10 3 (0.36%) WebSphere Application Server
11 2 (0.24%) CMS
11 2 (0.24%) Headless CMS
11 2 (0.24%) MQSeries
11 2 (0.24%) Oracle Coherence
12 1 (0.12%) Oracle Workflow
12 1 (0.12%) Skype for Business
12 1 (0.12%) Tomcat
Applications
1 29 (3.52%) Microsoft Excel
2 17 (2.06%) Microsoft Office
3 11 (1.33%) Microsoft PowerPoint
4 9 (1.09%) MS Visio
5 5 (0.61%) Microsoft Project
6 2 (0.24%) Sketch
7 1 (0.12%) Notepad++
7 1 (0.12%) Trello
Business Applications
1 8 (0.97%) Oracle Assets
1 8 (0.97%) Oracle General Ledger
1 8 (0.97%) Oracle Payables
2 6 (0.73%) Dynamics CRM
3 5 (0.61%) Oracle EBS
4 4 (0.49%) Oracle Cash Management
4 4 (0.49%) Oracle EBS R12
4 4 (0.49%) Oracle E-Business Tax
4 4 (0.49%) Oracle Receivables
5 3 (0.36%) Oracle Financials
5 3 (0.36%) SAP S/4HANA
6 2 (0.24%) Actimize
6 2 (0.24%) Misys Midas
6 2 (0.24%) Payment Gateway
6 2 (0.24%) PeopleSoft Financials
6 2 (0.24%) Sparx Enterprise Architect
7 1 (0.12%) Kondor
7 1 (0.12%) Oracle FAH
7 1 (0.12%) Salesforce CRM
7 1 (0.12%) SimCorp Dimension
Cloud Services
1 178 (21.60%) AWS
2 105 (12.74%) Azure
3 73 (8.86%) GCP
4 48 (5.83%) dbt
5 46 (5.58%) Snowflake
6 33 (4.00%) Amazon ECS
7 29 (3.52%) Power Platform
8 26 (3.16%) Amazon EC2
8 26 (3.16%) Dagster
9 25 (3.03%) Azure DevOps
9 25 (3.03%) Serverless
10 22 (2.67%) GitHub
11 21 (2.55%) Microsoft 365
12 19 (2.31%) AWS Lambda
13 18 (2.18%) Amazon SQS
14 17 (2.06%) Amazon EKS
14 17 (2.06%) AWS CloudFormation
15 15 (1.82%) Amazon S3
16 11 (1.33%) Cloud Computing
16 11 (1.33%) GitHub Actions
Communications & Networking
1 19 (2.31%) Firewall
2 11 (1.33%) FIX Connectivity
2 11 (1.33%) HTTP
3 6 (0.73%) SSL
4 5 (0.61%) DNS
4 5 (0.61%) Network Security
5 4 (0.49%) TCP/IP
5 4 (0.49%) VPN
6 3 (0.36%) LAN
6 3 (0.36%) WAN
7 2 (0.24%) BGP
7 2 (0.24%) Broadband
7 2 (0.24%) Cisco ASA
7 2 (0.24%) DHCP
7 2 (0.24%) FTP
7 2 (0.24%) OSPF
7 2 (0.24%) Skype
7 2 (0.24%) SMTP
7 2 (0.24%) Wi-Fi
7 2 (0.24%) Wireless
Database & Business Intelligence
1 56 (6.80%) PostgreSQL
2 49 (5.95%) Amazon Athena
2 49 (5.95%) Data Lake
3 48 (5.83%) Apache Iceberg
3 48 (5.83%) Dremio
4 39 (4.73%) Relational Database
5 37 (4.49%) Apache Arrow
6 34 (4.13%) MongoDB
7 31 (3.76%) SQL Server
8 29 (3.52%) Apache Ignite
9 27 (3.28%) Data Warehouse
10 24 (2.91%) DB2
11 21 (2.55%) Power BI
12 14 (1.70%) Redis
13 13 (1.58%) KDB
13 13 (1.58%) Tableau
14 12 (1.46%) Big Data
15 11 (1.33%) Kdb+
15 11 (1.33%) Oracle Reports
16 10 (1.21%) NoSQL
Development Applications
1 48 (5.83%) Jenkins
2 42 (5.10%) JIRA
3 30 (3.64%) Git
4 23 (2.79%) JUnit
5 11 (1.33%) GitLab
5 11 (1.33%) Maven
6 8 (0.97%) Selenium
6 8 (0.97%) Visual Studio
7 7 (0.85%) Bitbucket
7 7 (0.85%) Subversion
8 6 (0.73%) webpack
9 5 (0.61%) Ant
9 5 (0.61%) Cucumber
9 5 (0.61%) git-flow
9 5 (0.61%) REST Assured
10 4 (0.49%) Cypress.io
10 4 (0.49%) TeamCity
11 3 (0.36%) Postman
12 2 (0.24%) Atlassian Bamboo
12 2 (0.24%) XCTest
General
1 562 (68.20%) Finance
2 245 (29.73%) Investment Banking
3 222 (26.94%) Social Skills
4 150 (18.20%) Front Office
5 144 (17.48%) Analytical Skills
6 41 (4.98%) Retail Banking
7 29 (3.52%) Retail
8 26 (3.16%) Corporate Banking
9 25 (3.03%) Organisational Skills
10 20 (2.43%) Financial Institution
11 14 (1.70%) Legal
12 13 (1.58%) Marketing
13 12 (1.46%) General Ledger
14 8 (0.97%) Presentation Skills
15 7 (0.85%) Wholesale Banking
16 5 (0.61%) French Language
16 5 (0.61%) Influencing Skills
17 4 (0.49%) Back Office
17 4 (0.49%) Documentation Skills
17 4 (0.49%) Public Sector
Job Titles
1 241 (29.25%) Developer
2 119 (14.44%) Analyst
3 118 (14.32%) Senior
4 80 (9.71%) Java Developer
5 72 (8.74%) Software Engineer
6 60 (7.28%) Architect
7 58 (7.04%) Business Analyst
7 58 (7.04%) Project Manager
8 56 (6.80%) Python Developer
9 55 (6.67%) AWS Engineer
10 51 (6.19%) Python Engineer
11 46 (5.58%) Senior Developer
12 38 (4.61%) Developer/Software Engineer
13 37 (4.49%) AWS Software Engineer
14 36 (4.37%) Java Engineer
15 33 (4.00%) Lead
16 29 (3.52%) React Developer
17 28 (3.40%) Data Analyst
18 27 (3.28%) Java Software Engineer
19 26 (3.16%) Solutions Architect
Libraries, Frameworks & Software Standards
1 76 (9.22%) React
2 56 (6.80%) Kafka
3 44 (5.34%) .NET
4 41 (4.98%) Pandas
4 41 (4.98%) PySpark
4 41 (4.98%) Spring
5 40 (4.85%) NumPy
5 40 (4.85%) Redux
6 38 (4.61%) SciPy
7 32 (3.88%) Node.js
8 29 (3.52%) gRPC
8 29 (3.52%) Protocol Buffers
9 25 (3.03%) CSS
10 23 (2.79%) FastAPI
11 22 (2.67%) Django
11 22 (2.67%) HTML
11 22 (2.67%) XML
12 20 (2.43%) JMS
13 19 (2.31%) FIX Protocol
13 19 (2.31%) RESTful
Miscellaneous
1 91 (11.04%) Equities
2 88 (10.68%) Derivative
3 80 (9.71%) Fixed Income
4 69 (8.37%) Foreign Exchange (FX)
5 41 (4.98%) Hedge funds
6 30 (3.64%) Product Ownership
7 24 (2.91%) Data Structures
8 22 (2.67%) Management Information System
9 18 (2.18%) Onboarding
10 17 (2.06%) Enterprise Software
11 15 (1.82%) Data Centre
11 15 (1.82%) Distributed Systems
11 15 (1.82%) Greenfield Project
11 15 (1.82%) SWIFT Messaging Network
12 14 (1.70%) Mainframe
12 14 (1.70%) Market Risk
13 12 (1.46%) Equity Derivative
13 12 (1.46%) Pricing Data
14 10 (1.21%) Algorithms
14 10 (1.21%) Reference Data
Operating Systems
1 64 (7.77%) Linux
2 59 (7.16%) Windows
3 30 (3.64%) Unix
4 12 (1.46%) Red Hat Enterprise Linux
5 10 (1.21%) Windows Server
6 5 (0.61%) Android
6 5 (0.61%) Apple iOS
6 5 (0.61%) Windows 10
7 2 (0.24%) AIX
7 2 (0.24%) Solaris
7 2 (0.24%) Windows 7
8 1 (0.12%) Windows Server 2012
8 1 (0.12%) Windows Server 2019
8 1 (0.12%) zOS
Processes & Methodologies
1 257 (31.19%) Agile
2 133 (16.14%) Problem-Solving
3 108 (13.11%) Software Engineering
4 94 (11.41%) DevOps
5 93 (11.29%) Migration
5 93 (11.29%) SDLC
6 91 (11.04%) Asset Management
7 80 (9.71%) Analytics
7 80 (9.71%) CI/CD
8 73 (8.86%) Fintech
9 72 (8.74%) Change Management
10 71 (8.62%) Stakeholder Management
11 57 (6.92%) Risk Management
12 50 (6.07%) Artificial Intelligence
13 49 (5.95%) Investment Management
14 48 (5.83%) Project Management
15 47 (5.70%) Machine Learning
16 44 (5.34%) Decision-Making
16 44 (5.34%) Test Automation
17 43 (5.22%) Continuous Improvement
Programming Languages
1 229 (27.79%) Python
2 205 (24.88%) Java
3 182 (22.09%) SQL
4 109 (13.23%) TypeScript
5 102 (12.38%) JavaScript
6 53 (6.43%) C#
7 23 (2.79%) Shell Script
8 21 (2.55%) C++
9 18 (2.18%) PowerShell
10 12 (1.46%) Scala
11 11 (1.33%) R
12 10 (1.21%) Kotlin
13 8 (0.97%) Perl
13 8 (0.97%) PL/SQL
13 8 (0.97%) T-SQL
14 5 (0.61%) Bash
14 5 (0.61%) COBOL
14 5 (0.61%) Go
14 5 (0.61%) VBA
15 4 (0.49%) REXX
Qualifications
1 53 (6.43%) Degree
2 12 (1.46%) ITIL Certification
3 11 (1.33%) Security Cleared
4 10 (1.21%) Numerate Degree
5 9 (1.09%) Computer Science Degree
5 9 (1.09%) Master's Degree
5 9 (1.09%) Microsoft Certification
6 8 (0.97%) SC Cleared
7 6 (0.73%) PMI Certification
7 6 (0.73%) PMP
8 5 (0.61%) AWS Certification
9 4 (0.49%) AWS Certified Solutions Architect
9 4 (0.49%) Azure Certification
9 4 (0.49%) CISSP
10 3 (0.36%) CCNP
10 3 (0.36%) Cisco Certification
10 3 (0.36%) CISM
10 3 (0.36%) PhD
10 3 (0.36%) PRINCE2 Certification
10 3 (0.36%) TOGAF Certification
Quality Assurance & Compliance
1 26 (3.16%) QA
2 17 (2.06%) Data Quality
3 11 (1.33%) MiFID
3 11 (1.33%) PMO
4 9 (1.09%) Sarbanes-Oxley
5 8 (0.97%) EMIR
6 7 (0.85%) Accessibility
7 6 (0.73%) ISO 20022
8 5 (0.61%) Basel II
8 5 (0.61%) GDPR
8 5 (0.61%) NIST
8 5 (0.61%) SLA
9 4 (0.49%) Basel III
9 4 (0.49%) SEPA
10 3 (0.36%) COREP
10 3 (0.36%) GRC
10 3 (0.36%) ISO/IEC 27001
10 3 (0.36%) PCI DSS
11 2 (0.24%) IFRS
11 2 (0.24%) IFRS 9
System Software
1 66 (8.01%) Docker
2 7 (0.85%) Active Directory
3 5 (0.61%) Virtual Machines
4 3 (0.36%) Veritas Cluster Server
4 3 (0.36%) vSphere
5 2 (0.24%) Virtual Servers
5 2 (0.24%) VMware Infrastructure
6 1 (0.12%) Apache ZooKeeper
6 1 (0.12%) Hyper-V
6 1 (0.12%) Oracle RAC
6 1 (0.12%) VMware ESXi
6 1 (0.12%) XenDesktop
Systems Management
1 77 (9.34%) Kubernetes
2 46 (5.58%) Ansible
3 33 (4.00%) Terraform
4 12 (1.46%) Grafana
5 5 (0.61%) Argo
5 5 (0.61%) Control-M
5 5 (0.61%) Prometheus
5 5 (0.61%) SCCM
6 4 (0.49%) Progress Chef
7 3 (0.36%) Istio
7 3 (0.36%) Puppet
7 3 (0.36%) Rundeck
8 2 (0.24%) FortiGate
8 2 (0.24%) HP ALM
8 2 (0.24%) Oracle Enterprise Manager
9 1 (0.12%) CA Wily
9 1 (0.12%) Forefront Identity Manager
9 1 (0.12%) ITRS Geneos
9 1 (0.12%) Kibana
9 1 (0.12%) Oracle RMAN
Vendors
1 65 (7.89%) Microsoft
2 56 (6.80%) Oracle
3 22 (2.67%) Sybase
4 19 (2.31%) ServiceNow
5 16 (1.94%) Google
5 16 (1.94%) IBM
6 15 (1.82%) SAP
7 14 (1.70%) Splunk
8 13 (1.58%) Adobe
9 12 (1.46%) Databricks
10 8 (0.97%) Teradata
11 7 (0.85%) Cisco
11 7 (0.85%) ION Trading
11 7 (0.85%) Pega
11 7 (0.85%) Red Hat
11 7 (0.85%) Solace
12 6 (0.73%) CyberArk
12 6 (0.73%) Salesforce
12 6 (0.73%) VMware
13 5 (0.61%) Ariba