Investment Banking Contracts with Work from Home Options

Investment Banking
UK > Work from Home

The table below looks at the prevalence of the term Investment Banking in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment 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 140 163 219
Rank change year-on-year +23 +56 +75
Contract jobs citing Investment Banking 237 404 554
As % of all contract jobs with a WFH option 1.59% 1.60% 1.25%
As % of the General category 2.70% 2.74% 2.30%
Number of daily rates quoted 197 281 397
10th Percentile £525 £500 £504
25th Percentile £663 £613 £600
Median daily rate (50th Percentile) £800 £715 £700
Median % change year-on-year +11.89% +2.14% +7.69%
75th Percentile £888 £825 £800
90th Percentile - £975 £850
UK median daily rate £725 £700 £713
% change year-on-year +3.57% -1.75% +9.62%

All General Skills
Work from Home

Investment 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 with a WFH option and a requirement for common skills.

Contract vacancies with a requirement for common skills 8,778 14,730 24,115
As % of all contract jobs with a WFH option 58.77% 58.48% 54.44%
Number of daily rates quoted 5,759 10,368 17,530
10th Percentile £325 £363 £350
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £538 £550 £525
Median % change year-on-year -2.27% +4.76% +6.06%
75th Percentile £650 £675 £638
90th Percentile £775 £775 £738
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 467 333 345
10th Percentile £14.00 £19.00 £13.50
25th Percentile £22.61 £25.95 £19.50
Median hourly rate £38.12 £50.00 £32.77
Median % change year-on-year -23.76% +52.58% +39.45%
75th Percentile £53.38 £67.50 £49.25
90th Percentile £72.50 £80.20 £65.42
UK median hourly rate £30.16 £33.82 £22.00
% change year-on-year -10.82% +53.73% -2.22%

Investment Banking
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Investment Banking as a proportion of all IT jobs advertised.

Investment Banking trend for jobs with a WFH option

Investment Banking
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Investment Banking.

Investment Banking daily rate for jobs with a WFH option

Investment Banking
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Investment Banking over the 6 months to 13 May 2024.

Investment Banking daily rate histogram for jobs with a WFH option

Investment Banking
Hourly Rate Trend for Jobs with a WFH Option

3-month moving average hourly rate quoted in job vacancies with a work from home option citing Investment Banking.

Investment Banking hourly rate for jobs with a WFH option

Investment 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 79 (33.33%) Apache
1 79 (33.33%) Apache Airflow
2 3 (1.27%) CMS
2 3 (1.27%) Headless CMS
2 3 (1.27%) SharePoint
3 1 (0.42%) Apache Spark
3 1 (0.42%) Confluence
3 1 (0.42%) GemFire
3 1 (0.42%) Oracle Coherence
3 1 (0.42%) Oracle Workflow
Applications
1 12 (5.06%) Microsoft Excel
2 6 (2.53%) Microsoft Office
2 6 (2.53%) Microsoft PowerPoint
3 4 (1.69%) Microsoft Project
Business Applications
1 5 (2.11%) Loan IQ
2 4 (1.69%) Orchestrade
3 2 (0.84%) SAP S/4HANA
4 1 (0.42%) SAP CO
4 1 (0.42%) SAP ERP
4 1 (0.42%) SAP FI
4 1 (0.42%) SAP FI/CO
Cloud Services
1 85 (35.86%) AWS
2 78 (32.91%) dbt
3 69 (29.11%) Snowflake
4 42 (17.72%) GCP
5 9 (3.80%) Azure
6 3 (1.27%) Amazon S3
6 3 (1.27%) Amazon SQS
6 3 (1.27%) IaaS
6 3 (1.27%) Microsoft 365
7 2 (0.84%) Azure DevOps
7 2 (0.84%) GitHub
7 2 (0.84%) Serverless
8 1 (0.42%) Amazon EKS
8 1 (0.42%) Azure Cosmos DB
8 1 (0.42%) Azure Functions
8 1 (0.42%) Azure Logic Apps
8 1 (0.42%) Power Automate
8 1 (0.42%) Power Platform
8 1 (0.42%) PowerApps
8 1 (0.42%) Virtual Private Cloud
Communications & Networking
1 4 (1.69%) DNS
2 3 (1.27%) DHCP
3 1 (0.42%) Cisco Nexus
3 1 (0.42%) DMZ
3 1 (0.42%) Firewall
3 1 (0.42%) TCP/IP
3 1 (0.42%) VPN
Database & Business Intelligence
1 78 (32.91%) Amazon Athena
1 78 (32.91%) Apache Arrow
1 78 (32.91%) Apache Ignite
1 78 (32.91%) Dremio
2 69 (29.11%) Data Lake
3 6 (2.53%) SQL Server
4 4 (1.69%) MySQL
5 3 (1.27%) KDB
5 3 (1.27%) NoSQL
5 3 (1.27%) Relational Database
6 2 (0.84%) Data Warehouse
6 2 (0.84%) Metadata
6 2 (0.84%) Oracle Database
7 1 (0.42%) Apache Cassandra
7 1 (0.42%) Data Mart
7 1 (0.42%) DB2
7 1 (0.42%) MongoDB
7 1 (0.42%) PostgreSQL
7 1 (0.42%) RDBMS
7 1 (0.42%) Siebel EIM
Development Applications
1 8 (3.38%) Git
2 6 (2.53%) MLflow
3 5 (2.11%) JIRA
4 4 (1.69%) Visual Studio
5 3 (1.27%) PHPUnit
6 2 (0.84%) GitLab
6 2 (0.84%) Jenkins
6 2 (0.84%) NUnit
6 2 (0.84%) Selenium
6 2 (0.84%) TeamCity
7 1 (0.42%) Artifactory
7 1 (0.42%) Bitbucket
7 1 (0.42%) Cucumber
7 1 (0.42%) Log4Net
7 1 (0.42%) Maven
7 1 (0.42%) MSTest
7 1 (0.42%) Postman
7 1 (0.42%) SpecFlow
7 1 (0.42%) TestComplete
7 1 (0.42%) TestRail
General
1 237 (100.00%) Banking
2 163 (68.78%) Finance
3 130 (54.85%) Front Office
4 38 (16.03%) Social Skills
5 22 (9.28%) Analytical Skills
6 15 (6.33%) Retail Banking
7 14 (5.91%) Retail
8 12 (5.06%) Corporate Banking
9 7 (2.95%) Financial Institution
10 6 (2.53%) Public Sector
11 4 (1.69%) Prime Brokerage
11 4 (1.69%) Synthetic Prime Brokerage
12 3 (1.27%) Inclusion and Diversity
13 2 (0.84%) Organisational Skills
13 2 (0.84%) Public Speaking
14 1 (0.42%) Back Office
14 1 (0.42%) German Language
14 1 (0.42%) Influencing Skills
14 1 (0.42%) Wholesale Banking
Job Titles
1 102 (43.04%) Developer
2 53 (22.36%) Software Engineer
3 50 (21.10%) Lead
4 49 (20.68%) Java Developer
5 33 (13.92%) Senior
6 30 (12.66%) Java Engineer
6 30 (12.66%) Java Software Engineer
6 30 (12.66%) Python Engineer
6 30 (12.66%) Python Software Engineer
7 29 (12.24%) Developer/Software Engineer
8 28 (11.81%) Software Developer
9 27 (11.39%) AWS Engineer
9 27 (11.39%) AWS Software Engineer
10 26 (10.97%) Senior Software Engineer
11 24 (10.13%) Lead Developer
11 24 (10.13%) Lead Software Developer
11 24 (10.13%) Lead Software Engineer
11 24 (10.13%) Software Team Leader
11 24 (10.13%) Team Leader
12 20 (8.44%) Front Office Developer
Libraries, Frameworks & Software Standards
1 79 (33.33%) Pandas
2 78 (32.91%) gRPC
2 78 (32.91%) NumPy
2 78 (32.91%) Protocol Buffers
2 78 (32.91%) SciPy
3 15 (6.33%) .NET
4 13 (5.49%) FIX Protocol
4 13 (5.49%) React
5 6 (2.53%) WPF
6 5 (2.11%) AngularJS
6 5 (2.11%) HTML
6 5 (2.11%) Spring
7 4 (1.69%) CSS
8 3 (1.27%) .NET Core
8 3 (1.27%) .NET Framework
8 3 (1.27%) GraphQL
8 3 (1.27%) Laravel
8 3 (1.27%) REST
8 3 (1.27%) Symfony
8 3 (1.27%) Yii
Miscellaneous
1 108 (45.57%) Derivative
1 108 (45.57%) Fixed Income
2 89 (37.55%) Foreign Exchange (FX)
3 87 (36.71%) Equities
4 80 (33.76%) Hedge funds
5 17 (7.17%) Equity Derivative
6 8 (3.38%) Pricing Data
6 8 (3.38%) Product Ownership
7 6 (2.53%) Management Information System
8 5 (2.11%) Algorithms
9 4 (1.69%) Distributed Computing
10 3 (1.27%) Embedded Systems
10 3 (1.27%) Greenfield Project
10 3 (1.27%) Self-Motivation
11 2 (0.84%) Data Structures
11 2 (0.84%) Distributed Systems
11 2 (0.84%) Market Risk
11 2 (0.84%) Mobile App
12 1 (0.42%) Onboarding
12 1 (0.42%) Security Posture
Operating Systems
1 10 (4.22%) Linux
1 10 (4.22%) Windows
2 9 (3.80%) Unix
3 1 (0.42%) Red Hat Enterprise Linux
3 1 (0.42%) Windows Server
Processes & Methodologies
1 120 (50.63%) Agile
2 84 (35.44%) Software Engineering
3 82 (34.60%) Asset Management
4 68 (28.69%) Investment Management
5 33 (13.92%) Line Management
6 28 (11.81%) Greeks
7 24 (10.13%) Analytics
7 24 (10.13%) Problem-Solving
8 22 (9.28%) Test Automation
9 19 (8.02%) Electronic Trading
10 16 (6.75%) Wealth Management
11 13 (5.49%) RAD
11 13 (5.49%) SDLC
12 12 (5.06%) Algorithmic Trading
12 12 (5.06%) CI/CD
13 11 (4.64%) DevOps
13 11 (4.64%) Mathematics
13 11 (4.64%) Project Management
14 10 (4.22%) Continuous Integration
14 10 (4.22%) Migration
Programming Languages
1 124 (52.32%) Java
2 119 (50.21%) Python
3 91 (38.40%) TypeScript
4 84 (35.44%) JavaScript
5 33 (13.92%) SQL
6 26 (10.97%) C#
7 13 (5.49%) Scala
8 10 (4.22%) C++
9 8 (3.38%) Perl
9 8 (3.38%) Ruby
10 6 (2.53%) VBA
11 4 (1.69%) PHP
11 4 (1.69%) PowerShell
11 4 (1.69%) Shell Script
12 3 (1.27%) R
13 2 (0.84%) F#
14 1 (0.42%) Bash
14 1 (0.42%) Go
14 1 (0.42%) Jython
14 1 (0.42%) PL/SQL
Qualifications
1 21 (8.86%) Degree
2 8 (3.38%) Numerate Degree
3 6 (2.53%) Computer Science Degree
3 6 (2.53%) Master's Degree
4 4 (1.69%) APMP
5 3 (1.27%) SC Cleared
5 3 (1.27%) Security Cleared
6 2 (0.84%) PMP
6 2 (0.84%) Six Sigma Black Belt
6 2 (0.84%) Six Sigma Green Belt
7 1 (0.42%) FFIEC
7 1 (0.42%) ISTQB
7 1 (0.42%) PMI Certification
Quality Assurance & Compliance
1 36 (15.19%) Data Quality
2 15 (6.33%) QA
3 7 (2.95%) PMO
4 3 (1.27%) EMIR
4 3 (1.27%) MiFID
5 1 (0.42%) GRC
5 1 (0.42%) ISO/IEC 27001
5 1 (0.42%) NIST
5 1 (0.42%) SOC 2
System Software
1 4 (1.69%) Docker
2 3 (1.27%) Firmware
3 1 (0.42%) GridGain
3 1 (0.42%) Virtual Servers
Systems Management
1 4 (1.69%) Ansible
2 3 (1.27%) Puppet
3 2 (0.84%) Kubernetes
4 1 (0.42%) Consul
4 1 (0.42%) Packer
4 1 (0.42%) Progress Chef
4 1 (0.42%) Red Hat Satellite
4 1 (0.42%) Terraform
Vendors
1 11 (4.64%) Microsoft
2 7 (2.95%) Oracle
3 6 (2.53%) Databricks
4 3 (1.27%) Murex
5 2 (0.84%) Bloomberg
5 2 (0.84%) Citrix
5 2 (0.84%) ION Trading
5 2 (0.84%) Refinitiv
5 2 (0.84%) SAP
6 1 (0.42%) Avaloq
6 1 (0.42%) Barracuda Networks
6 1 (0.42%) Blue Coat
6 1 (0.42%) CA Agile Central
6 1 (0.42%) FIS
6 1 (0.42%) Fortinet
6 1 (0.42%) Progress
6 1 (0.42%) Siebel
6 1 (0.42%) Splunk
6 1 (0.42%) TSYS
6 1 (0.42%) WorldPay