Banking Business Analyst Contracts in London

Business Analyst - Banking (Banking BA)
England > London

The median Business Analyst - Banking (Banking BA) daily rate in London is £675 according to job vacancies posted during the 6 months to 17 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
17 May 2024
Same period 2023 Same period 2022
Rank 360 412 496
Rank change year-on-year +52 +84 -70
Contract jobs requiring a Banking Business Analyst 35 68 111
As % of all contract jobs advertised in London 0.20% 0.26% 0.29%
As % of the Job Titles category 0.21% 0.28% 0.30%
Number of daily rates quoted 14 36 53
10th Percentile £451 £474 £417
25th Percentile £544 £500 £500
Median daily rate (50th Percentile) £675 £600 £575
Median % change year-on-year +12.50% +4.35% +21.05%
75th Percentile £700 £713 £675
90th Percentile £719 £784 £705
England median daily rate £625 £600 £553
% change year-on-year +4.17% +8.60% +19.46%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. 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 London with a recognized job title 16,328 24,595 36,745
% of contract IT jobs with a recognized job title 93.43% 95.20% 95.30%
Number of daily rates quoted 11,803 17,870 26,915
10th Percentile £325 £363 £375
25th Percentile £445 £463 £470
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £688 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +7.69%
Number of hourly rates quoted 318 283 439
10th Percentile £16.00 £18.00 £16.25
25th Percentile £20.07 £22.69 £23.12
Median hourly rate £27.50 £35.00 £35.00
Median % change year-on-year -21.43% - +10.62%
75th Percentile £46.05 £62.25 £49.80
90th Percentile £65.32 £80.00 £67.50
England median hourly rate £36.92 £44.77 £23.00
% change year-on-year -17.54% +94.63% +4.55%

Banking Business Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Banking Business Analyst in London

Banking Business Analyst
Contractor Daily Rate Trend in London

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

Daily rate trend for Banking Business Analyst in London

Banking Business Analyst
Daily Rate Histogram in London

Daily rate distribution for jobs citing Banking Business Analyst in London over the 6 months to 17 May 2024.

Daily rate histogram for Banking Business Analyst in London

Banking Business Analyst
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Banking Business Analyst in London

Banking Business Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Business Analyst within the London region over the 6 months to 17 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
Central London +51 1 - -
Banking Business Analyst
England

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

For the 6 months to 17 May 2024, Banking Business 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 London region featuring Banking Business Analyst in the job title.

1 35 (100.00%) Banking
2 30 (85.71%) Finance
3 17 (48.57%) Change Management
4 12 (34.29%) Service Management
4 12 (34.29%) ITIL
5 10 (28.57%) Social Skills
6 8 (22.86%) Site Reliability Engineering
6 8 (22.86%) DevOps
6 8 (22.86%) GAP Analysis
7 7 (20.00%) SWIFT Messaging Network
8 6 (17.14%) ITSM
9 5 (14.29%) Business Analysis
9 5 (14.29%) Derivative
9 5 (14.29%) Foreign Exchange (FX)
9 5 (14.29%) Product Ownership
10 4 (11.43%) SEPA
10 4 (11.43%) Agile
10 4 (11.43%) Data Mapping
11 3 (8.57%) User Acceptance Testing
11 3 (8.57%) Calypso
11 3 (8.57%) Microsoft Excel
11 3 (8.57%) Stakeholder Management
11 3 (8.57%) Front Office
11 3 (8.57%) Financial Institution
11 3 (8.57%) Analytical Skills
11 3 (8.57%) Microsoft PowerPoint
11 3 (8.57%) Regulatory Compliance
11 3 (8.57%) Problem-Solving
11 3 (8.57%) Requirements Gathering
12 2 (5.71%) Refinitiv

Banking Business Analyst Skill Set
Co-occurring Skills and Capabilities in 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 (2.86%) Apache
Applications
1 3 (8.57%) Microsoft Excel
1 3 (8.57%) Microsoft PowerPoint
Cloud Services
1 1 (2.86%) AWS
1 1 (2.86%) dbt
1 1 (2.86%) Power Platform
Database & Business Intelligence
1 1 (2.86%) Apache Arrow
1 1 (2.86%) Big Data
1 1 (2.86%) Data Lake
1 1 (2.86%) Dremio
1 1 (2.86%) Power BI
1 1 (2.86%) Tableau
General
1 35 (100.00%) Banking
2 30 (85.71%) Finance
3 10 (28.57%) Social Skills
4 3 (8.57%) Analytical Skills
4 3 (8.57%) Financial Institution
4 3 (8.57%) Front Office
5 2 (5.71%) Corporate Banking
5 2 (5.71%) Investment Banking
Miscellaneous
1 7 (20.00%) SWIFT Messaging Network
2 5 (14.29%) Derivative
2 5 (14.29%) Foreign Exchange (FX)
2 5 (14.29%) Product Ownership
3 1 (2.86%) Equities
3 1 (2.86%) Fixed Income
3 1 (2.86%) Hedge funds
3 1 (2.86%) OTC Derivatives
3 1 (2.86%) Virtual Team
Processes & Methodologies
1 17 (48.57%) Change Management
2 12 (34.29%) ITIL
2 12 (34.29%) Service Management
3 8 (22.86%) DevOps
3 8 (22.86%) GAP Analysis
3 8 (22.86%) Site Reliability Engineering
4 6 (17.14%) ITSM
5 5 (14.29%) Business Analysis
6 4 (11.43%) Agile
6 4 (11.43%) Data Mapping
7 3 (8.57%) Problem-Solving
7 3 (8.57%) Regulatory Compliance
7 3 (8.57%) Requirements Gathering
7 3 (8.57%) Stakeholder Management
7 3 (8.57%) User Acceptance Testing
8 2 (5.71%) Data Analysis
8 2 (5.71%) Electronic Trading
8 2 (5.71%) SDLC
9 1 (2.86%) Artificial Intelligence
9 1 (2.86%) Asset Management
Programming Languages
1 1 (2.86%) Java
1 1 (2.86%) Python
1 1 (2.86%) SQL
Qualifications
1 2 (5.71%) SC Cleared
1 2 (5.71%) Security Cleared
2 1 (2.86%) Degree
Quality Assurance & Compliance
1 4 (11.43%) SEPA
2 1 (2.86%) EMIR
2 1 (2.86%) PMO
Vendors
1 3 (8.57%) Calypso
2 2 (5.71%) Bloomberg
2 2 (5.71%) Refinitiv
3 1 (2.86%) Murex