Banking Analyst Contracts in England

Banking Analyst
UK > England

The median Banking Analyst daily rate in England is £625 according to job vacancies posted during the 6 months to 18 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
18 May 2024
Same period 2023 Same period 2022
Rank 405 461 536
Rank change year-on-year +56 +75 -16
Contract jobs requiring a Banking Analyst 126 181 241
As % of all contract jobs advertised in England 0.35% 0.38% 0.34%
As % of the Job Titles category 0.37% 0.40% 0.36%
Number of daily rates quoted 78 130 154
10th Percentile £363 £398 £450
25th Percentile £500 £520 £500
Median daily rate (50th Percentile) £625 £593 £600
Median % change year-on-year +5.49% -1.25% +9.09%
75th Percentile £700 £700 £700
90th Percentile £850 £800 £750
UK median daily rate £625 £575 £575
% change year-on-year +8.70% - +15.00%

All Contract IT Job Vacancies
England

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. 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 England with a recognized job title 33,787 45,579 67,163
% of contract IT jobs with a recognized job title 92.76% 94.59% 95.44%
Number of daily rates quoted 22,417 32,381 47,891
10th Percentile £284 £313 £313
25th Percentile £413 £425 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +7.36%
75th Percentile £644 £663 £644
90th Percentile £750 £760 £744
UK median daily rate £525 £544 £525
% change year-on-year -3.40% +3.52% +9.38%
Number of hourly rates quoted 2,440 1,334 1,845
10th Percentile £12.86 £14.28 £12.50
25th Percentile £16.30 £20.00 £15.50
Median hourly rate £36.92 £44.77 £23.00
Median % change year-on-year -17.54% +94.63% +6.38%
75th Percentile £61.30 £65.00 £49.25
90th Percentile £73.75 £77.00 £64.75
UK median hourly rate £36.50 £45.00 £23.91
% change year-on-year -18.89% +88.21% +6.27%

Banking Analyst
Job Vacancy Trend in England

Job postings that featured Banking Analyst in the job title as a proportion of all IT jobs advertised in England.

Job vacancy trend for Banking Analyst in England

Banking Analyst
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Banking Analyst in England.

Daily rate trend for Banking Analyst in England

Banking Analyst
Daily Rate Histogram in England

Daily rate distribution for jobs citing Banking Analyst in England over the 6 months to 18 May 2024.

Daily rate histogram for Banking Analyst in England

Banking Analyst
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Banking Analyst in England.

Hourly rate trend for Banking Analyst in England

Banking Analyst
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Analyst within the England region over the 6 months to 18 May 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
London +35 111 £625 +4.17% 10
North of England - 8 £581 - 1
Yorkshire - 7 £563 -
East of England - 3 £500 - 3
Midlands +23 2 £356 -11.00%
East Midlands +14 2 £356 -11.00%
South East - 2 £433 - 2
North West - 1 £600 - 1
Banking Analyst
UK

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in England

For the 6 months to 18 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 job ads across the England region featuring Banking Analyst in the job title.

1 126 (100.00%) Banking
2 103 (81.75%) Finance
3 44 (34.92%) Change Management
4 34 (26.98%) SQL
5 32 (25.40%) Service Management
6 29 (23.02%) Front Office
6 29 (23.02%) Python
7 26 (20.63%) Back Office
7 26 (20.63%) Derivative
7 26 (20.63%) Social Skills
8 25 (19.84%) Investment Banking
9 22 (17.46%) ITSM
10 21 (16.67%) Asset Management
10 21 (16.67%) Investment Management
10 21 (16.67%) Hedge funds
11 20 (15.87%) Mentoring
11 20 (15.87%) C#
12 14 (11.11%) Analytical Skills
13 13 (10.32%) ITIL
13 13 (10.32%) Business Analysis
14 12 (9.52%) GAP Analysis
14 12 (9.52%) Stakeholder Management
14 12 (9.52%) Microsoft Excel
15 11 (8.73%) Foreign Exchange (FX)
16 10 (7.94%) Agile
16 10 (7.94%) Data Analysis
17 9 (7.14%) Microsoft PowerPoint
17 9 (7.14%) Problem-Solving
18 8 (6.35%) Site Reliability Engineering
18 8 (6.35%) PMO

Banking Analyst Skill Set
Co-occurring Skills and Capabilities in England 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 (1.59%) Apache Spark
1 2 (1.59%) Confluence
2 1 (0.79%) Apache
2 1 (0.79%) Appian
Applications
1 12 (9.52%) Microsoft Excel
2 9 (7.14%) Microsoft PowerPoint
3 2 (1.59%) Microsoft Office
3 2 (1.59%) MS Visio
Business Applications
1 4 (3.17%) Oracle Subledger Accounting
2 3 (2.38%) SAP CO
2 3 (2.38%) SAP FI
2 3 (2.38%) SAP FI/CO
2 3 (2.38%) SAP S/4HANA
3 2 (1.59%) Oracle Assets
3 2 (1.59%) Oracle EBS
3 2 (1.59%) Oracle EBS R12
3 2 (1.59%) Oracle Financials
3 2 (1.59%) Oracle General Ledger
3 2 (1.59%) Oracle Payables
4 1 (0.79%) FLEXCUBE
4 1 (0.79%) Remedy ITSM
Cloud Services
1 5 (3.97%) Power Platform
2 2 (1.59%) AWS
2 2 (1.59%) Azure
3 1 (0.79%) dbt
3 1 (0.79%) OCI
3 1 (0.79%) Power Automate
3 1 (0.79%) PowerApps
Database & Business Intelligence
1 5 (3.97%) Power BI
2 4 (3.17%) Tableau
3 3 (2.38%) Big Data
3 3 (2.38%) Hadoop
3 3 (2.38%) Impala
4 2 (1.59%) Apache Hive
4 2 (1.59%) SQL Server
5 1 (0.79%) Apache Arrow
5 1 (0.79%) Data Lake
5 1 (0.79%) Data Mining
5 1 (0.79%) Dremio
5 1 (0.79%) Oracle Reports
Development Applications
1 5 (3.97%) JIRA
2 1 (0.79%) Git
General
1 126 (100.00%) Banking
2 103 (81.75%) Finance
3 29 (23.02%) Front Office
4 26 (20.63%) Back Office
4 26 (20.63%) Social Skills
5 25 (19.84%) Investment Banking
6 14 (11.11%) Analytical Skills
7 7 (5.56%) General Ledger
8 6 (4.76%) Corporate Banking
9 5 (3.97%) Organisational Skills
9 5 (3.97%) Retail Banking
10 2 (1.59%) Financial Institution
10 2 (1.59%) Inclusion and Diversity
10 2 (1.59%) Presentation Skills
10 2 (1.59%) Retail
11 1 (0.79%) Documentation Skills
11 1 (0.79%) Influencing Skills
11 1 (0.79%) Legal
11 1 (0.79%) Pharmaceutical
11 1 (0.79%) Prime Brokerage
Libraries, Frameworks & Software Standards
1 3 (2.38%) IDoc
1 3 (2.38%) XML
Miscellaneous
1 26 (20.63%) Derivative
2 21 (16.67%) Hedge funds
3 11 (8.73%) Foreign Exchange (FX)
4 6 (4.76%) Product Ownership
4 6 (4.76%) SWIFT Messaging Network
5 4 (3.17%) Management Information System
6 3 (2.38%) Equities
6 3 (2.38%) Greenfield Project
6 3 (2.38%) Reference Data
7 2 (1.59%) Analytical Mindset
7 2 (1.59%) Credit Risk
7 2 (1.59%) Fixed Income
8 1 (0.79%) CMDB
8 1 (0.79%) Equity Derivative
8 1 (0.79%) Market Risk
8 1 (0.79%) OTC Derivatives
8 1 (0.79%) Self-Motivation
8 1 (0.79%) Synthetic Equity
8 1 (0.79%) Virtual Team
Processes & Methodologies
1 44 (34.92%) Change Management
2 32 (25.40%) Service Management
3 22 (17.46%) ITSM
4 21 (16.67%) Asset Management
4 21 (16.67%) Investment Management
5 20 (15.87%) Mentoring
6 13 (10.32%) Business Analysis
6 13 (10.32%) ITIL
7 12 (9.52%) GAP Analysis
7 12 (9.52%) Stakeholder Management
8 10 (7.94%) Agile
8 10 (7.94%) Data Analysis
9 9 (7.14%) Problem-Solving
10 8 (6.35%) DevOps
10 8 (6.35%) Site Reliability Engineering
11 6 (4.76%) Analytics
11 6 (4.76%) Migration
11 6 (4.76%) Risk Management
11 6 (4.76%) User Acceptance Testing
11 6 (4.76%) User Stories
Programming Languages
1 34 (26.98%) SQL
2 29 (23.02%) Python
3 20 (15.87%) C#
4 3 (2.38%) R
5 2 (1.59%) Java
5 2 (1.59%) VBA
6 1 (0.79%) C++
6 1 (0.79%) PL/SQL
Qualifications
1 7 (5.56%) Degree
2 4 (3.17%) SC Cleared
2 4 (3.17%) Security Cleared
3 1 (0.79%) ITIL Certification
3 1 (0.79%) ITIL Foundation Certificate
3 1 (0.79%) Master's Degree
3 1 (0.79%) MBA
3 1 (0.79%) Six Sigma Black Belt
3 1 (0.79%) Six Sigma Green Belt
3 1 (0.79%) Tableau Certification
Quality Assurance & Compliance
1 8 (6.35%) PMO
2 5 (3.97%) GAAP
3 4 (3.17%) EMIR
3 4 (3.17%) SEPA
4 3 (2.38%) SLA
5 2 (1.59%) QA
6 1 (0.79%) Basel II
6 1 (0.79%) Basel III
6 1 (0.79%) MiFID
Vendors
1 7 (5.56%) Oracle
2 6 (4.76%) Microsoft
3 5 (3.97%) Bloomberg
4 4 (3.17%) ServiceNow
5 3 (2.38%) FIS
5 3 (2.38%) GoldenSource
5 3 (2.38%) SAP
6 2 (1.59%) Calypso
6 2 (1.59%) Murex
6 2 (1.59%) Refinitiv
6 2 (1.59%) Salesforce
7 1 (0.79%) Alteryx
7 1 (0.79%) Ariba
7 1 (0.79%) BMC
7 1 (0.79%) Remedy