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 12 May 2025, comparing them to the same period in the previous two years.

6 months to
12 May 2025
Same period 2024 Same period 2023
Rank 22 20 22
Rank change year-on-year -2 +2 +13
Contract jobs citing Banking 848 1,190 2,006
As % of all contract jobs with a WFH option 8.60% 7.91% 8.01%
As % of the General category 13.71% 13.46% 13.70%
Number of daily rates quoted 538 757 1,308
10th Percentile £362 £400 £450
25th Percentile £445 £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 £877 £875 £875
UK median daily rate £600 £613 £650
% change year-on-year -2.04% -5.77% +4.00%
Number of hourly rates quoted 5 3 2
10th Percentile - - £8.77
25th Percentile £13.78 - £9.93
Median hourly rate £16.00 £12.84 £11.86
Median % change year-on-year +24.61% +8.26% -59.20%
75th Percentile - £47.92 £13.79
90th Percentile - £68.97 £14.95
UK median hourly rate £22.27 £19.05 £21.00
% change year-on-year +16.90% -9.29% -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 6,186 8,844 14,638
As % of all contract jobs with a WFH option 62.74% 58.78% 58.47%
Number of daily rates quoted 4,150 5,806 10,312
10th Percentile £330 £325 £363
25th Percentile £418 £425 £450
Median daily rate (50th Percentile) £525 £538 £550
Median % change year-on-year -2.33% -2.27% +4.76%
75th Percentile £651 £650 £675
90th Percentile £800 £775 £775
UK median daily rate £525 £525 £550
% change year-on-year - -4.55% +2.33%
Number of hourly rates quoted 175 469 333
10th Percentile £14.00 £14.00 £19.00
25th Percentile £18.01 £22.61 £25.95
Median hourly rate £31.76 £38.12 £50.00
Median % change year-on-year -16.68% -23.76% +53.85%
75th Percentile £64.52 £53.00 £67.50
90th Percentile £85.70 £72.50 £80.20
UK median hourly rate £27.50 £30.16 £34.00
% change year-on-year -8.82% -11.29% +54.55%

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 12 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 57 (6.72%) Apache Airflow
2 45 (5.31%) Apache
3 20 (2.36%) Confluence
4 17 (2.00%) SharePoint
5 12 (1.42%) Apache Spark
6 9 (1.06%) SAS
7 8 (0.94%) WebSphere
8 6 (0.71%) WebLogic
9 5 (0.59%) Microsoft Exchange
10 4 (0.47%) CICS
10 4 (0.47%) JBoss
11 3 (0.35%) Jupyter
11 3 (0.35%) WebSphere Application Server
12 2 (0.24%) CMS
12 2 (0.24%) Headless CMS
12 2 (0.24%) MQSeries
12 2 (0.24%) Oracle Coherence
13 1 (0.12%) Oracle Workflow
13 1 (0.12%) Skype for Business
13 1 (0.12%) Tomcat
Applications
1 36 (4.25%) Microsoft Excel
2 18 (2.12%) Microsoft Office
3 14 (1.65%) Microsoft PowerPoint
4 12 (1.42%) MS Visio
5 5 (0.59%) Microsoft Project
6 2 (0.24%) Sketch
7 1 (0.12%) Notepad++
7 1 (0.12%) Trello
Business Applications
1 11 (1.30%) Oracle Assets
1 11 (1.30%) Oracle General Ledger
1 11 (1.30%) Oracle Payables
2 8 (0.94%) Oracle EBS
3 7 (0.83%) Oracle EBS R12
3 7 (0.83%) Oracle E-Business Tax
4 6 (0.71%) Dynamics CRM
5 5 (0.59%) Oracle Financials
6 4 (0.47%) Oracle Cash Management
6 4 (0.47%) Oracle Receivables
6 4 (0.47%) SAP S/4HANA
7 2 (0.24%) Actimize
7 2 (0.24%) Misys Midas
7 2 (0.24%) Payment Gateway
7 2 (0.24%) PeopleSoft Financials
8 1 (0.12%) Fidessa
8 1 (0.12%) IBM Planning Analytics
8 1 (0.12%) Murex MxG2000
8 1 (0.12%) SimCorp Dimension
8 1 (0.12%) Summit
Cloud Services
1 186 (21.93%) AWS
2 107 (12.62%) Azure
3 79 (9.32%) GCP
4 51 (6.01%) dbt
5 50 (5.90%) Snowflake
6 32 (3.77%) Power Platform
7 30 (3.54%) Amazon ECS
8 25 (2.95%) Azure DevOps
8 25 (2.95%) Dagster
9 23 (2.71%) Amazon EC2
10 22 (2.59%) Microsoft 365
11 21 (2.48%) GitHub
11 21 (2.48%) Serverless
12 17 (2.00%) Amazon EKS
13 16 (1.89%) AWS Lambda
14 15 (1.77%) Amazon SQS
14 15 (1.77%) AWS CloudFormation
15 13 (1.53%) SaaS
16 12 (1.42%) Amazon S3
16 12 (1.42%) Cloud Computing
Communications & Networking
1 19 (2.24%) Firewall
2 11 (1.30%) HTTP
3 10 (1.18%) FIX Connectivity
4 6 (0.71%) SSL
5 5 (0.59%) DNS
5 5 (0.59%) Network Security
6 4 (0.47%) TCP/IP
6 4 (0.47%) VPN
7 3 (0.35%) LAN
7 3 (0.35%) WAN
8 2 (0.24%) BGP
8 2 (0.24%) Broadband
8 2 (0.24%) Cisco ASA
8 2 (0.24%) DHCP
8 2 (0.24%) FTP
8 2 (0.24%) OSPF
8 2 (0.24%) Skype
8 2 (0.24%) SMTP
8 2 (0.24%) Wi-Fi
8 2 (0.24%) Wireless
Database & Business Intelligence
1 65 (7.67%) PostgreSQL
2 53 (6.25%) Data Lake
3 52 (6.13%) Amazon Athena
4 51 (6.01%) Apache Iceberg
4 51 (6.01%) Dremio
5 41 (4.83%) Apache Arrow
6 40 (4.72%) Relational Database
7 33 (3.89%) Apache Ignite
7 33 (3.89%) MongoDB
8 30 (3.54%) SQL Server
9 27 (3.18%) Data Warehouse
10 26 (3.07%) DB2
11 24 (2.83%) Power BI
12 16 (1.89%) Redis
13 14 (1.65%) KDB
14 13 (1.53%) Big Data
15 12 (1.42%) Kdb+
15 12 (1.42%) Tableau
16 11 (1.30%) Oracle Database
17 10 (1.18%) Hadoop
Development Applications
1 49 (5.78%) Jenkins
2 45 (5.31%) JIRA
3 30 (3.54%) Git
4 24 (2.83%) JUnit
5 11 (1.30%) GitLab
5 11 (1.30%) Maven
6 8 (0.94%) Selenium
7 7 (0.83%) Bitbucket
7 7 (0.83%) Subversion
7 7 (0.83%) Visual Studio
8 6 (0.71%) webpack
9 5 (0.59%) Ant
9 5 (0.59%) Cucumber
9 5 (0.59%) git-flow
9 5 (0.59%) REST Assured
10 4 (0.47%) Cypress.io
10 4 (0.47%) TeamCity
11 3 (0.35%) Postman
12 2 (0.24%) Visual Studio Code
12 2 (0.24%) XCTest
General
1 575 (67.81%) Finance
2 258 (30.42%) Investment Banking
3 243 (28.66%) Social Skills
4 153 (18.04%) Front Office
5 148 (17.45%) Analytical Skills
6 43 (5.07%) Retail Banking
7 30 (3.54%) Retail
8 27 (3.18%) Corporate Banking
9 25 (2.95%) Organisational Skills
10 21 (2.48%) Financial Institution
11 15 (1.77%) General Ledger
11 15 (1.77%) Legal
12 13 (1.53%) Marketing
13 7 (0.83%) Presentation Skills
13 7 (0.83%) Wholesale Banking
14 5 (0.59%) Documentation Skills
14 5 (0.59%) Influencing Skills
15 4 (0.47%) Back Office
15 4 (0.47%) Inclusion and Diversity
15 4 (0.47%) Public Sector
Job Titles
1 244 (28.77%) Developer
2 125 (14.74%) Senior
3 124 (14.62%) Analyst
4 81 (9.55%) Java Developer
5 80 (9.43%) Software Engineer
6 66 (7.78%) Architect
7 62 (7.31%) Business Analyst
8 59 (6.96%) Python Developer
9 57 (6.72%) AWS Engineer
9 57 (6.72%) Project Manager
10 52 (6.13%) Python Engineer
11 50 (5.90%) Senior Developer
12 42 (4.95%) Developer/Software Engineer
13 41 (4.83%) AWS Software Engineer
14 40 (4.72%) Java Engineer
15 35 (4.13%) React Developer
16 32 (3.77%) Lead
17 31 (3.66%) Java Software Engineer
18 29 (3.42%) Solutions Architect
19 27 (3.18%) Data Analyst
Libraries, Frameworks & Software Standards
1 82 (9.67%) React
2 58 (6.84%) Kafka
3 44 (5.19%) .NET
3 44 (5.19%) Redux
4 43 (5.07%) Pandas
5 42 (4.95%) NumPy
5 42 (4.95%) Spring
6 41 (4.83%) PySpark
6 41 (4.83%) SciPy
7 36 (4.25%) Node.js
8 33 (3.89%) gRPC
8 33 (3.89%) Protocol Buffers
9 25 (2.95%) CSS
9 25 (2.95%) FastAPI
10 24 (2.83%) HTML
11 22 (2.59%) Django
12 21 (2.48%) JMS
13 20 (2.36%) XML
14 19 (2.24%) RESTful
15 17 (2.00%) JSON
Miscellaneous
1 97 (11.44%) Equities
2 90 (10.61%) Derivative
3 88 (10.38%) Fixed Income
4 73 (8.61%) Foreign Exchange (FX)
5 45 (5.31%) Hedge funds
6 30 (3.54%) Product Ownership
7 27 (3.18%) Management Information System
8 25 (2.95%) Data Structures
9 21 (2.48%) Market Risk
9 21 (2.48%) Onboarding
10 18 (2.12%) Enterprise Software
11 16 (1.89%) Distributed Systems
11 16 (1.89%) Pricing Data
11 16 (1.89%) SWIFT Messaging Network
12 15 (1.77%) Greenfield Project
13 14 (1.65%) Data Centre
13 14 (1.65%) Mainframe
14 11 (1.30%) Credit Risk
15 10 (1.18%) Algorithms
15 10 (1.18%) Equity Derivative
Operating Systems
1 66 (7.78%) Linux
2 60 (7.08%) Windows
3 29 (3.42%) Unix
4 12 (1.42%) Red Hat Enterprise Linux
5 10 (1.18%) Windows Server
6 5 (0.59%) Apple iOS
6 5 (0.59%) Windows 10
7 4 (0.47%) Android
8 2 (0.24%) AIX
8 2 (0.24%) Solaris
9 1 (0.12%) VMS
9 1 (0.12%) Windows 7
9 1 (0.12%) Windows Server 2012
9 1 (0.12%) Windows Server 2019
9 1 (0.12%) zOS
Processes & Methodologies
1 272 (32.08%) Agile
2 139 (16.39%) Problem-Solving
3 113 (13.33%) Software Engineering
4 103 (12.15%) SDLC
5 96 (11.32%) Asset Management
5 96 (11.32%) Migration
6 91 (10.73%) DevOps
7 82 (9.67%) Analytics
8 76 (8.96%) Fintech
9 75 (8.84%) CI/CD
10 74 (8.73%) Change Management
11 70 (8.25%) Stakeholder Management
12 59 (6.96%) Risk Management
13 56 (6.60%) Investment Management
14 52 (6.13%) Artificial Intelligence
15 49 (5.78%) Project Management
16 48 (5.66%) Machine Learning
17 46 (5.42%) Decision-Making
18 44 (5.19%) Continuous Improvement
18 44 (5.19%) User Experience
Programming Languages
1 236 (27.83%) Python
2 210 (24.76%) Java
3 194 (22.88%) SQL
4 118 (13.92%) TypeScript
5 111 (13.09%) JavaScript
6 53 (6.25%) C#
7 25 (2.95%) Shell Script
8 20 (2.36%) C++
9 18 (2.12%) PowerShell
10 13 (1.53%) Scala
11 11 (1.30%) R
12 9 (1.06%) Kotlin
13 8 (0.94%) Perl
13 8 (0.94%) PL/SQL
13 8 (0.94%) T-SQL
14 5 (0.59%) Bash
14 5 (0.59%) COBOL
14 5 (0.59%) VBA
15 4 (0.47%) JCL
15 4 (0.47%) REXX
Qualifications
1 57 (6.72%) Degree
2 12 (1.42%) ITIL Certification
3 11 (1.30%) Security Cleared
4 10 (1.18%) Microsoft Certification
4 10 (1.18%) Numerate Degree
5 9 (1.06%) Computer Science Degree
6 8 (0.94%) Master's Degree
6 8 (0.94%) SC Cleared
7 6 (0.71%) AWS Certification
7 6 (0.71%) PMI Certification
7 6 (0.71%) PMP
8 5 (0.59%) AWS Certified Solutions Architect
8 5 (0.59%) Azure Certification
9 4 (0.47%) CISSP
9 4 (0.47%) TOGAF Certification
10 3 (0.35%) CCNP
10 3 (0.35%) Cisco Certification
10 3 (0.35%) CISM
10 3 (0.35%) PhD
10 3 (0.35%) PRINCE2 Certification
Quality Assurance & Compliance
1 27 (3.18%) QA
2 17 (2.00%) Data Quality
3 13 (1.53%) PMO
4 11 (1.30%) MiFID
5 9 (1.06%) Basel II
6 8 (0.94%) EMIR
7 7 (0.83%) Accessibility
7 7 (0.83%) Basel III
7 7 (0.83%) ISO 20022
7 7 (0.83%) Sarbanes-Oxley
8 5 (0.59%) COREP
8 5 (0.59%) GDPR
8 5 (0.59%) NIST
8 5 (0.59%) SEPA
8 5 (0.59%) SLA
9 3 (0.35%) GRC
9 3 (0.35%) IFRS
9 3 (0.35%) IFRS 9
9 3 (0.35%) ISO/IEC 27001
9 3 (0.35%) PCI DSS
System Software
1 63 (7.43%) Docker
2 7 (0.83%) Active Directory
3 5 (0.59%) Virtual Machines
4 3 (0.35%) Veritas Cluster Server
4 3 (0.35%) 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%) Tivoli Workload Scheduler
6 1 (0.12%) Virtual Desktop
6 1 (0.12%) VMware ESXi
6 1 (0.12%) XenDesktop
Systems Management
1 73 (8.61%) Kubernetes
2 46 (5.42%) Ansible
3 30 (3.54%) Terraform
4 12 (1.42%) Grafana
5 5 (0.59%) Argo
5 5 (0.59%) Control-M
5 5 (0.59%) Prometheus
6 4 (0.47%) Progress Chef
6 4 (0.47%) SCCM
7 3 (0.35%) Istio
7 3 (0.35%) Puppet
7 3 (0.35%) 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%) Data Guard
9 1 (0.12%) Microsoft Intune
9 1 (0.12%) Oracle RMAN
9 1 (0.12%) Tivoli
Vendors
1 67 (7.90%) Microsoft
2 62 (7.31%) Oracle
3 23 (2.71%) Sybase
4 18 (2.12%) ServiceNow
5 17 (2.00%) Google
5 17 (2.00%) IBM
6 16 (1.89%) SAP
7 14 (1.65%) Databricks
8 13 (1.53%) Adobe
8 13 (1.53%) Splunk
9 8 (0.94%) ION Trading
9 8 (0.94%) Teradata
10 7 (0.83%) Cisco
10 7 (0.83%) Pega
10 7 (0.83%) Red Hat
10 7 (0.83%) Solace
11 6 (0.71%) CyberArk
11 6 (0.71%) Informatica
11 6 (0.71%) Salesforce
11 6 (0.71%) VMware