Retail Banking Contracts with Hybrid/Remote/WFH Options

Retail Banking
UK > Work from Home

The table below looks at the prevalence of the term Retail Banking in remote or hybrid contract work. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Retail 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 259 302 369
Rank change year-on-year +43 +67 -12
Contract jobs citing Retail Banking 45 43 108
As % of all contract jobs with a WFH option 0.45% 0.28% 0.42%
As % of the General category 0.73% 0.48% 0.72%
Number of daily rates quoted 17 27 65
10th Percentile £353 £450 £468
25th Percentile £438 £475 £500
Median daily rate (50th Percentile) £480 £500 £588
Median % change year-on-year -4.10% -14.89% -2.08%
75th Percentile £538 £600 £690
90th Percentile £566 £646 £767
UK median daily rate £506 £575 £600
% change year-on-year -11.96% -4.17% +4.35%

All General Skills
Work from Home

Retail 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%

Retail Banking
Trend for Jobs with a WFH Option

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

Retail Banking trend for jobs with Hybrid/Remote/WFH options

Retail 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 Retail Banking.

Retail Banking daily rate for jobs with a WFH option

Retail Banking
Daily Rate Histogram for Jobs with a WFH Option

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

Retail Banking daily rate histogram for jobs with a WFH option

Retail 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 1 (2.22%) Apache Spark
1 1 (2.22%) CMS
1 1 (2.22%) Headless CMS
Business Applications
1 1 (2.22%) Oracle General Ledger
Cloud Services
1 10 (22.22%) AWS
2 2 (4.44%) AWS CloudFormation
2 2 (4.44%) AWS Lambda
2 2 (4.44%) Serverless
3 1 (2.22%) Amazon ECS
3 1 (2.22%) Amazon SageMaker
3 1 (2.22%) Amazon SQS
3 1 (2.22%) AWS Control Tower
3 1 (2.22%) Figma
3 1 (2.22%) GitHub
3 1 (2.22%) Snowflake
Database & Business Intelligence
1 4 (8.89%) Tableau
2 3 (6.67%) Relational Database
3 2 (4.44%) PostgreSQL
4 1 (2.22%) DynamoDB
4 1 (2.22%) Metadata
4 1 (2.22%) NoSQL
Development Applications
1 1 (2.22%) JIRA
General
1 41 (91.11%) Banking
2 35 (77.78%) Finance
3 18 (40.00%) Corporate Banking
3 18 (40.00%) Investment Banking
3 18 (40.00%) Retail
4 11 (24.44%) Social Skills
5 10 (22.22%) Analytical Skills
6 3 (6.67%) Documentation Skills
6 3 (6.67%) Legal
7 2 (4.44%) Influencing Skills
7 2 (4.44%) Marketing
8 1 (2.22%) Financial Institution
8 1 (2.22%) Front Office
8 1 (2.22%) General Ledger
8 1 (2.22%) Organisational Skills
Job Titles
1 10 (22.22%) Analyst
2 7 (15.56%) Developer
3 4 (8.89%) AWS Engineer
3 4 (8.89%) Incident Manager
3 4 (8.89%) IT Manager
3 4 (8.89%) IT Project Manager
3 4 (8.89%) Project Manager
4 3 (6.67%) AWS Data Engineer
4 3 (6.67%) Business Analyst
4 3 (6.67%) Data Engineer
4 3 (6.67%) Data Modeller
4 3 (6.67%) Python Data Engineer
4 3 (6.67%) Python Engineer
5 2 (4.44%) Consultant
5 2 (4.44%) Data Analyst
5 2 (4.44%) Designer
5 2 (4.44%) Governance Manager
5 2 (4.44%) Java Developer
5 2 (4.44%) Risk Analyst
5 2 (4.44%) Service Manager
Libraries, Frameworks & Software Standards
1 4 (8.89%) PySpark
2 3 (6.67%) React
3 2 (4.44%) AWS CDK
3 2 (4.44%) Kafka
3 2 (4.44%) Micronaut
3 2 (4.44%) Node.js
3 2 (4.44%) Spring
3 2 (4.44%) Spring Boot
4 1 (2.22%) FastAPI
4 1 (2.22%) Flask
4 1 (2.22%) GraphQL
4 1 (2.22%) HTML
4 1 (2.22%) JSON
4 1 (2.22%) PyTorch
4 1 (2.22%) Redux
4 1 (2.22%) SQLAlchemy
4 1 (2.22%) TensorFlow
Miscellaneous
1 3 (6.67%) Product Ownership
2 2 (4.44%) Analytical Mindset
2 2 (4.44%) Greenfield Project
2 2 (4.44%) Onboarding
3 1 (2.22%) CMDB
3 1 (2.22%) Data Protection Act
3 1 (2.22%) Digital Media
3 1 (2.22%) Management Information System
3 1 (2.22%) SWIFT Messaging Network
3 1 (2.22%) Virtual Team
Operating Systems
1 1 (2.22%) Android
1 1 (2.22%) Apple iOS
Processes & Methodologies
1 18 (40.00%) Wealth Management
2 11 (24.44%) Risk Management
3 10 (22.22%) Decision-Making
4 8 (17.78%) Agile
5 7 (15.56%) Collaborative Culture
5 7 (15.56%) Problem-Solving
6 6 (13.33%) Stakeholder Management
7 5 (11.11%) Customer Experience
7 5 (11.11%) Data Engineering
7 5 (11.11%) Data-Driven Decision Making
7 5 (11.11%) Fintech
7 5 (11.11%) Process Improvement
7 5 (11.11%) Project Management
7 5 (11.11%) Regulatory Compliance
7 5 (11.11%) User Experience
8 4 (8.89%) Actionable Insight
8 4 (8.89%) Data Analysis
8 4 (8.89%) Economics
8 4 (8.89%) ETL
8 4 (8.89%) Incident Management
Programming Languages
1 9 (20.00%) SQL
2 8 (17.78%) Python
3 3 (6.67%) TypeScript
4 2 (4.44%) Java
4 2 (4.44%) JavaScript
5 1 (2.22%) R
5 1 (2.22%) T-SQL
Qualifications
1 3 (6.67%) Degree
1 3 (6.67%) ITIL Certification
1 3 (6.67%) PRINCE2 Certification
2 1 (2.22%) ACCA
2 1 (2.22%) CFA
2 1 (2.22%) CISA
2 1 (2.22%) CRISC
Quality Assurance & Compliance
1 4 (8.89%) Sarbanes-Oxley
2 2 (4.44%) Basel III
3 1 (2.22%) COBIT
3 1 (2.22%) EU AI Act
3 1 (2.22%) GDPR
3 1 (2.22%) ITGC
3 1 (2.22%) NIST
3 1 (2.22%) QA
System Software
1 2 (4.44%) Docker
2 1 (2.22%) Virtual Machines
Systems Management
1 2 (4.44%) Kubernetes
2 1 (2.22%) Terraform
Vendors
1 4 (8.89%) ServiceNow
2 2 (4.44%) Oracle
3 1 (2.22%) Adobe
3 1 (2.22%) Calypso
3 1 (2.22%) GoldenSource
3 1 (2.22%) Microsoft
3 1 (2.22%) Murex
3 1 (2.22%) Planview
3 1 (2.22%) Snow
3 1 (2.22%) TSYS