Banking Contracts in Scotland

Banking
UK > Scotland

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 13 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
13 May 2024
Same period 2023 Same period 2022
Rank 27 29 27
Rank change year-on-year +2 -2 -8
Contract jobs citing Banking 133 213 234
As % of all contract jobs advertised in Scotland 6.17% 7.71% 6.79%
As % of the General category 9.58% 11.54% 9.52%
Number of daily rates quoted 72 104 116
10th Percentile £335 £411 £383
25th Percentile £438 £448 £450
Median daily rate (50th Percentile) £550 £525 £525
Median % change year-on-year +4.76% - +16.67%
75th Percentile £625 £650 £602
90th Percentile £722 £750 £672
UK median daily rate £615 £650 £625
% change year-on-year -5.38% +4.00% +13.64%
Number of hourly rates quoted 2 2 2
10th Percentile - £62.84 £42.85
25th Percentile - £63.83 £43.38
Median hourly rate £12.30 £66.56 £45.00
Median % change year-on-year -81.52% +47.92% +248.70%
75th Percentile - £68.20 £46.88
90th Percentile - £68.53 £47.55
UK median hourly rate £19.05 £21.00 £25.71
% change year-on-year -9.29% -18.30% +77.70%

All General Skills
Scotland

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Scotland with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,388 1,845 2,459
As % of all contract IT jobs advertised in Scotland 64.35% 66.78% 71.36%
Number of daily rates quoted 832 1,336 1,791
10th Percentile £179 £237 £230
25th Percentile £350 £403 £375
Median daily rate (50th Percentile) £475 £475 £464
Median % change year-on-year - +2.37% +9.18%
75th Percentile £575 £570 £550
90th Percentile £662 £650 £625
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 69 29 43
10th Percentile £12.24 £12.75 £15.04
25th Percentile £15.67 £15.75 £17.61
Median hourly rate £19.17 £21.26 £26.85
Median % change year-on-year -9.83% -20.82% +16.74%
75th Percentile £60.00 £58.75 £47.98
90th Percentile £70.00 £67.75 £53.75
UK median hourly rate £30.16 £33.82 £22.00
% change year-on-year -10.82% +53.73% -2.22%

Banking
Job Vacancy Trend in Scotland

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

Job vacancy trend for Banking in Scotland

Banking
Contractor Daily Rate Trend in Scotland

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

Daily rate trend for Banking in Scotland

Banking
Daily Rate Histogram in Scotland

Daily rate distribution for jobs citing Banking in Scotland over the 6 months to 13 May 2024.

Daily rate histogram for Banking in Scotland

Banking
Contractor Hourly Rate Trend in Scotland

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

Hourly rate trend for Banking in Scotland

Banking
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Scotland region over the 6 months to 13 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
Edinburgh +6 65 £588 +17.50% 21
Glasgow -1 63 £490 -10.91% 15
Renfrewshire - 5 £120 -
Banking
UK

Banking
Co-occurring Skills and Capabilities in Scotland 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 5 (3.76%) IBM HTTP Server
1 5 (3.76%) SharePoint
1 5 (3.76%) WebSphere
1 5 (3.76%) WebSphere Application Server
1 5 (3.76%) WebSphere Portal
2 4 (3.01%) Apache Spark
3 3 (2.26%) SAS
4 2 (1.50%) Apache Airflow
5 1 (0.75%) Cloud Foundry
5 1 (0.75%) Confluence
Applications
1 8 (6.02%) Microsoft Excel
2 3 (2.26%) Spreadsheet
3 1 (0.75%) Microsoft PowerPoint
3 1 (0.75%) MS Visio
Business Applications
1 1 (0.75%) Dynamics CRM
1 1 (0.75%) Markit EDM
1 1 (0.75%) Payment Gateway
Cloud Services
1 22 (16.54%) AWS
2 20 (15.04%) Azure
3 10 (7.52%) GCP
3 10 (7.52%) OpenShift
4 5 (3.76%) IaaS
5 4 (3.01%) AWS Lambda
5 4 (3.01%) Entra ID
5 4 (3.01%) Serverless
6 3 (2.26%) AWS CloudFormation
7 2 (1.50%) Amazon EC2
7 2 (1.50%) Amazon EMR
7 2 (1.50%) Amazon S3
7 2 (1.50%) Amazon SageMaker
7 2 (1.50%) Dynamics 365
7 2 (1.50%) Power Platform
7 2 (1.50%) Snowflake
7 2 (1.50%) Virtual Private Cloud
8 1 (0.75%) Amazon SQS
8 1 (0.75%) PaaS
8 1 (0.75%) SaaS
Communications & Networking
1 8 (6.02%) SAN
2 7 (5.26%) DNS
3 6 (4.51%) DHCP
3 6 (4.51%) HTTP
4 5 (3.76%) ATM
4 5 (3.76%) NAS
5 3 (2.26%) Fibre Channel
5 3 (2.26%) Firewall
5 3 (2.26%) iSCSI
5 3 (2.26%) SSL
5 3 (2.26%) TCP/IP
6 1 (0.75%) F5 BIG-IP LTM
6 1 (0.75%) NetScaler
Database & Business Intelligence
1 4 (3.01%) DB2
2 3 (2.26%) Big Data
2 3 (2.26%) NoSQL
2 3 (2.26%) Relational Database
3 2 (1.50%) Amazon Athena
3 2 (1.50%) Apache Hive
3 2 (1.50%) MongoDB
3 2 (1.50%) MySQL
3 2 (1.50%) PostgreSQL
3 2 (1.50%) Spark SQL
4 1 (0.75%) BigQuery
4 1 (0.75%) BusinessObjects
4 1 (0.75%) Hadoop
4 1 (0.75%) Impala
4 1 (0.75%) RDBMS
4 1 (0.75%) SQL Server
4 1 (0.75%) SQL Server Reporting Services
Development Applications
1 11 (8.27%) JIRA
2 10 (7.52%) Git
3 8 (6.02%) Jenkins
4 5 (3.76%) IBM UrbanCode
5 2 (1.50%) Gradle
5 2 (1.50%) JMeter
5 2 (1.50%) JUnit
5 2 (1.50%) LoadRunner
5 2 (1.50%) Selenium
6 1 (0.75%) Android Studio
6 1 (0.75%) GitLab
6 1 (0.75%) Maven
6 1 (0.75%) Mockito
6 1 (0.75%) Xcode
General
1 70 (52.63%) Finance
2 42 (31.58%) Social Skills
3 19 (14.29%) Investment Banking
4 11 (8.27%) Analytical Skills
5 10 (7.52%) Retail Banking
6 7 (5.26%) Billing
7 6 (4.51%) Organisational Skills
8 3 (2.26%) Presentation Skills
8 3 (2.26%) Public Sector
8 3 (2.26%) Retail
8 3 (2.26%) Telecoms
9 2 (1.50%) Corporate Banking
9 2 (1.50%) Documentation Skills
10 1 (0.75%) Legal
Job Titles
1 27 (20.30%) Analyst
2 16 (12.03%) Developer
3 12 (9.02%) Architect
3 12 (9.02%) Senior
4 11 (8.27%) Python Engineer
5 10 (7.52%) Java Developer
6 9 (6.77%) Business Analyst
6 9 (6.77%) Solutions Architect
7 8 (6.02%) Infrastructure Engineer
8 7 (5.26%) DevOps Engineer
8 7 (5.26%) Linux Engineer
9 6 (4.51%) Cybersecurity Analyst
9 6 (4.51%) Security Analyst
9 6 (4.51%) Technical Analyst
10 5 (3.76%) Hardware Engineer
10 5 (3.76%) Linux Infrastructure Engineer
10 5 (3.76%) Middleware Engineer
10 5 (3.76%) Senior Middleware Engineer
10 5 (3.76%) Site Reliability Engineer
11 4 (3.01%) Python Developer
Libraries, Frameworks & Software Standards
1 12 (9.02%) Middleware
2 11 (8.27%) Kafka
3 10 (7.52%) Spring
4 8 (6.02%) RESTful
5 7 (5.26%) Spring Boot
6 5 (3.76%) J2EE
7 4 (3.01%) REST
7 4 (3.01%) SailPoint
8 3 (2.26%) AngularJS
8 3 (2.26%) Flash
8 3 (2.26%) POSIX
8 3 (2.26%) React
9 2 (1.50%) Android Jetpack
9 2 (1.50%) Elastic Stack
9 2 (1.50%) Jetpack Compose
9 2 (1.50%) Lambda Expressions
9 2 (1.50%) OpenTracing
10 1 (0.75%) Dagger
10 1 (0.75%) Retrofit
10 1 (0.75%) Spring Cloud
Miscellaneous
1 9 (6.77%) Public Cloud
2 6 (4.51%) SWIFT Messaging Network
3 5 (3.76%) Data Structures
3 5 (3.76%) Onboarding
4 4 (3.01%) Distributed Systems
4 4 (3.01%) Mobile App
5 3 (2.26%) Client/Server
5 3 (2.26%) Embedded Systems
5 3 (2.26%) Management Information System
5 3 (2.26%) NVMe
6 2 (1.50%) Data Protection Act
6 2 (1.50%) Equities
6 2 (1.50%) Foreign Exchange (FX)
6 2 (1.50%) Product Ownership
7 1 (0.75%) Algorithms
7 1 (0.75%) Distributed Applications
7 1 (0.75%) Hybrid Cloud
7 1 (0.75%) Low-Code
7 1 (0.75%) Operational Technology
7 1 (0.75%) Private Cloud
Operating Systems
1 17 (12.78%) Linux
2 13 (9.77%) Unix
3 8 (6.02%) Windows
4 5 (3.76%) Android
4 5 (3.76%) Windows Server
5 3 (2.26%) Apple iOS
5 3 (2.26%) Data ONTAP
5 3 (2.26%) Red Hat Enterprise Linux
6 2 (1.50%) VMS
7 1 (0.75%) zOS
Processes & Methodologies
1 35 (26.32%) Agile
2 16 (12.03%) DevOps
2 16 (12.03%) Microservices
3 15 (11.28%) Stakeholder Management
4 12 (9.02%) Problem-Solving
4 12 (9.02%) SDLC
5 11 (8.27%) Project Delivery
6 10 (7.52%) Computer Science
6 10 (7.52%) Investment Management
6 10 (7.52%) Wealth Management
7 9 (6.77%) Cybersecurity
7 9 (6.77%) High Availability
7 9 (6.77%) Migration
7 9 (6.77%) Test Automation
8 8 (6.02%) Data Protection
8 8 (6.02%) Project Management
8 8 (6.02%) Scrum
8 8 (6.02%) Test Strategy
8 8 (6.02%) User Acceptance Testing
8 8 (6.02%) Waterfall
Programming Languages
1 27 (20.30%) Python
2 21 (15.79%) Java
3 15 (11.28%) Perl
3 15 (11.28%) SQL
4 6 (4.51%) Kotlin
5 5 (3.76%) JavaScript
6 4 (3.01%) Scala
7 2 (1.50%) Bash
7 2 (1.50%) C#
7 2 (1.50%) Go
7 2 (1.50%) Shell Script
7 2 (1.50%) TypeScript
8 1 (0.75%) Elixir
8 1 (0.75%) Groovy
8 1 (0.75%) Ruby
8 1 (0.75%) T-SQL
Qualifications
1 10 (7.52%) Degree
2 5 (3.76%) Computer Science Degree
3 3 (2.26%) Master's Degree
3 3 (2.26%) Security Cleared
4 2 (1.50%) ISEB
4 2 (1.50%) ISEB Practitioner
4 2 (1.50%) ISTQB
5 1 (0.75%) AWS Certification
5 1 (0.75%) Azure Certification
5 1 (0.75%) CCSA
5 1 (0.75%) CCSE
5 1 (0.75%) CISA
5 1 (0.75%) CISSP
5 1 (0.75%) FFIEC
5 1 (0.75%) Oracle Certification
5 1 (0.75%) SC Cleared
Quality Assurance & Compliance
1 12 (9.02%) PMO
2 4 (3.01%) QA
3 2 (1.50%) Disclosure Scotland
3 2 (1.50%) NIST
3 2 (1.50%) SLA
4 1 (0.75%) Accessibility
4 1 (0.75%) ISO 20022
4 1 (0.75%) ISO 8583
4 1 (0.75%) ISO/IEC 27001
4 1 (0.75%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
System Software
1 12 (9.02%) Docker
2 7 (5.26%) VMware Infrastructure
3 5 (3.76%) VMware NSX
3 5 (3.76%) vSphere
4 4 (3.01%) Active Directory
5 3 (2.26%) Firmware
5 3 (2.26%) GPFS
5 3 (2.26%) Hyper-V
5 3 (2.26%) NFS
6 2 (1.50%) Virtual Servers
7 1 (0.75%) Virtual Desktop
Systems Management
1 17 (12.78%) Kubernetes
2 7 (5.26%) Grafana
2 7 (5.26%) Terraform
3 6 (4.51%) Prometheus
4 5 (3.76%) Ansible
5 3 (2.26%) NetBackup
5 3 (2.26%) Veritas Storage Foundation
6 2 (1.50%) HP Quality Center
6 2 (1.50%) Zipkin
7 1 (0.75%) Istio
7 1 (0.75%) Progress Chef
7 1 (0.75%) Puppet
Vendors
1 18 (13.53%) Microsoft
2 11 (8.27%) IBM
3 9 (6.77%) Google
4 7 (5.26%) VMware
5 6 (4.51%) Cisco
5 6 (4.51%) Splunk
5 6 (4.51%) Veritas
6 5 (3.76%) Dell
7 4 (3.01%) CyberArk
7 4 (3.01%) Oracle
8 3 (2.26%) Brocade
8 3 (2.26%) EMC
8 3 (2.26%) NetApp
8 3 (2.26%) Sybase
9 2 (1.50%) Confluent
9 2 (1.50%) F5
9 2 (1.50%) Sage
10 1 (0.75%) Alteryx
10 1 (0.75%) Qualys
10 1 (0.75%) ServiceNow