Banking Contracts in East London

Banking
London > East London

The table below looks at the prevalence of the term Banking in contract job vacancies in East London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 19 12 15
Rank change year-on-year -7 +3 +10
Contract jobs citing Banking 18 22 23
As % of all contract jobs advertised in East London 8.41% 11.40% 9.20%
As % of the General category 11.69% 16.54% 15.03%
Number of daily rates quoted 17 22 20
10th Percentile £382 £355 £385
25th Percentile £450 £461 -
Median daily rate (50th Percentile) £540 £585 £400
Median % change year-on-year -7.69% +46.25% +19.40%
75th Percentile £594 £688 £520
90th Percentile £738 £868 £741
London median daily rate £650 £671 £650
% change year-on-year -3.06% +3.15% +8.33%

All General Skills
East London

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in East London.

Contract vacancies with a requirement for common skills 154 133 153
As % of all contract IT jobs advertised in East London 71.96% 68.91% 61.20%
Number of daily rates quoted 135 99 127
10th Percentile £300 £212 £282
25th Percentile £420 £409 £406
Median daily rate (50th Percentile) £540 £540 £580
Median % change year-on-year - -6.90% +27.12%
75th Percentile £625 £688 £750
90th Percentile £762 £750 £860
London median daily rate £575 £600 £580
% change year-on-year -4.17% +3.45% +7.41%
Number of hourly rates quoted 10 10 1
10th Percentile - £21.01 -
25th Percentile £11.95 £21.24 -
Median hourly rate £18.41 £22.49 £32.60
Median % change year-on-year -18.13% -31.03% +106.07%
75th Percentile £37.83 £23.73 -
90th Percentile £38.28 - -
London median hourly rate £30.16 £30.00 £35.50
% change year-on-year +0.53% -15.49% +22.41%

Banking
Job Vacancy Trend in East London

Job postings citing Banking as a proportion of all IT jobs advertised in East London.

Job vacancy trend for Banking in East London

Banking
Contractor Daily Rate Trend in East London

3-month moving average daily rate quoted in jobs citing Banking in East London.

Daily rate trend for Banking in East London

Banking
Daily Rate Histogram in East London

Daily rate distribution for jobs citing Banking in East London over the 6 months to 12 June 2024.

Daily rate histogram for Banking in East London

Banking
Contractor Hourly Rate Trend in East London

3-month moving average hourly rates quoted in jobs citing Banking in East London.

Hourly rate trend for Banking in East London

Banking
Contract Job Locations in East London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the East London region over the 6 months to 12 June 2024. 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
Jobs
Tower Hamlets -1 12 £540 -16.92% 1
Docklands, London -1 3 £725 +40.10% 1
Banking
London

Banking
Co-occurring Skills and Capabilities in East London 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 (5.56%) Alfresco
1 1 (5.56%) Appian
1 1 (5.56%) Camunda
1 1 (5.56%) LiveLink
Applications
1 2 (11.11%) Microsoft Excel
1 2 (11.11%) Microsoft PowerPoint
2 1 (5.56%) Sketch
Business Applications
1 2 (11.11%) SAP S/4HANA
2 1 (5.56%) Dynamics CRM
2 1 (5.56%) SAP CO
2 1 (5.56%) SAP FI
2 1 (5.56%) SAP FI/CO
Cloud Services
1 4 (22.22%) Azure
2 2 (11.11%) GitHub
2 2 (11.11%) Microsoft 365
2 2 (11.11%) SuccessFactors
3 1 (5.56%) Azure DevOps
3 1 (5.56%) Dynamics 365
3 1 (5.56%) Figma
3 1 (5.56%) Power Automate
3 1 (5.56%) Power Platform
3 1 (5.56%) PowerApps
Communications & Networking
1 1 (5.56%) FTP
Database & Business Intelligence
1 3 (16.67%) SQL Server
2 2 (11.11%) Elasticsearch
3 1 (5.56%) MySQL
3 1 (5.56%) Oracle Reports
3 1 (5.56%) Power BI
3 1 (5.56%) Relational Database
Development Applications
1 2 (11.11%) Jenkins
1 2 (11.11%) JMeter
1 2 (11.11%) NeoLoad
1 2 (11.11%) Selenium
1 2 (11.11%) SoapUI
2 1 (5.56%) Axure RP
2 1 (5.56%) Eclipse
2 1 (5.56%) Git
2 1 (5.56%) Gradle
2 1 (5.56%) IntelliJ
2 1 (5.56%) Maven
2 1 (5.56%) Postman
General
1 17 (94.44%) Finance
2 6 (33.33%) Analytical Skills
3 4 (22.22%) Social Skills
4 2 (11.11%) Investment Banking
4 2 (11.11%) Organisational Skills
4 2 (11.11%) Public Sector
5 1 (5.56%) Legal
5 1 (5.56%) Presentation Skills
Job Titles
1 3 (16.67%) Analyst
1 3 (16.67%) Business Analyst
2 2 (11.11%) Developer
2 2 (11.11%) Systems Support
3 1 (5.56%) Agile Business Analyst
3 1 (5.56%) Banking Analyst
3 1 (5.56%) Designer
3 1 (5.56%) Finance Business Analyst
3 1 (5.56%) Financial Analyst
3 1 (5.56%) Functional Analyst
3 1 (5.56%) Gloss Developer
3 1 (5.56%) Investment Banking Business Analyst
3 1 (5.56%) KYC Analyst
3 1 (5.56%) SAP Analyst
3 1 (5.56%) SAP Business Analyst
3 1 (5.56%) SAP Functional Analyst
3 1 (5.56%) Software Engineer
3 1 (5.56%) UML Analyst
3 1 (5.56%) UML Business Analyst
3 1 (5.56%) UX Designer
Libraries, Frameworks & Software Standards
1 4 (22.22%) HTML
2 3 (16.67%) CSS
2 3 (16.67%) Sass
2 3 (16.67%) Web Services
2 3 (16.67%) XML
3 2 (11.11%) Elastic Stack
3 2 (11.11%) JMS
3 2 (11.11%) JSON
3 2 (11.11%) Spring
3 2 (11.11%) Spring Batch
4 1 (5.56%) .NET
4 1 (5.56%) .NET Framework
4 1 (5.56%) ActiveMQ
4 1 (5.56%) Hibernate
4 1 (5.56%) JDBC
4 1 (5.56%) JPA
4 1 (5.56%) JSP
4 1 (5.56%) LDAP
4 1 (5.56%) Servlets
4 1 (5.56%) SOAP
Miscellaneous
1 1 (5.56%) Data Protection Act
1 1 (5.56%) Onboarding
Operating Systems
1 2 (11.11%) Windows
1 2 (11.11%) Windows Server
Processes & Methodologies
1 9 (50.00%) Agile
2 5 (27.78%) Roadmaps
3 4 (22.22%) BDD
3 4 (22.22%) Business Analysis
3 4 (22.22%) DevOps
3 4 (22.22%) ERP
3 4 (22.22%) Migration
3 4 (22.22%) Software Delivery
3 4 (22.22%) Target Operating Model
4 3 (16.67%) Process Management
4 3 (16.67%) Root Cause Analysis
4 3 (16.67%) Stakeholder Engagement
4 3 (16.67%) UML
4 3 (16.67%) Workshop Facilitation
5 2 (11.11%) Acceptance Criteria
5 2 (11.11%) Decision-Making
5 2 (11.11%) Domain Models
5 2 (11.11%) Epics
5 2 (11.11%) Problem-Solving
5 2 (11.11%) Requirements Gathering
Programming Languages
1 6 (33.33%) SQL
2 4 (22.22%) Java
2 4 (22.22%) JavaScript
3 2 (11.11%) PL/SQL
4 1 (5.56%) C#
4 1 (5.56%) TypeScript
Quality Assurance & Compliance
1 2 (11.11%) QA
System Software
1 1 (5.56%) ACF2
1 1 (5.56%) Active Directory
1 1 (5.56%) IAG
1 1 (5.56%) RACF
Systems Management
1 2 (11.11%) Kibana
1 2 (11.11%) logstash
Vendors
1 4 (22.22%) SAP
2 3 (16.67%) Oracle
3 1 (5.56%) Microsoft
3 1 (5.56%) ServiceNow
3 1 (5.56%) Sybase