Investment Banking Contracts in London

Investment Banking
England > London

The table below looks at the prevalence of the term Investment Banking in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 1 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 73 55 58
Rank change year-on-year -18 +3 +7
Contract jobs citing Investment Banking 540 1,105 1,686
As % of all contract jobs advertised in London 3.08% 4.34% 4.36%
As % of the General category 4.92% 6.86% 7.19%
Number of daily rates quoted 425 832 1,245
10th Percentile £500 £513 £527
25th Percentile £600 £588 £625
Median daily rate (50th Percentile) £750 £700 £725
Median % change year-on-year +7.14% -3.45% +11.54%
75th Percentile £875 £813 £813
90th Percentile £888 £950 £888
England median daily rate £750 £700 £725
% change year-on-year +7.14% -3.45% +11.54%
Number of hourly rates quoted 0 0 4
10th Percentile - - -
25th Percentile - - £26.00
Median hourly rate - - £43.00
75th Percentile - - £68.69
90th Percentile - - £79.83
England median hourly rate £19.50 £70.00 £26.00
% change year-on-year -72.14% +169.23% +15.56%

All General Skills
London

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 advertised in London with a requirement for common skills.

Contract vacancies with a requirement for common skills 10,976 16,110 23,454
As % of all contract IT jobs advertised in London 62.68% 63.34% 60.67%
Number of daily rates quoted 7,837 11,743 17,033
10th Percentile £335 £375 £385
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £575 £600 £580
Median % change year-on-year -4.17% +3.45% +7.91%
75th Percentile £700 £725 £700
90th Percentile £825 £825 £800
England median daily rate £535 £550 £550
% change year-on-year -2.73% - +10.00%
Number of hourly rates quoted 242 200 283
10th Percentile £16.00 £16.13 £18.09
25th Percentile £18.25 £20.86 £25.68
Median hourly rate £30.00 £30.00 £35.50
Median % change year-on-year - -15.49% +23.05%
75th Percentile £48.44 £52.75 £49.25
90th Percentile £65.90 £70.00 £64.55
England median hourly rate £30.44 £31.92 £21.50
% change year-on-year -4.65% +48.47% +2.14%

Investment Banking
Job Vacancy Trend in London

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

Job vacancy trend for Investment Banking in London

Investment Banking
Contractor Daily Rate Trend in London

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

Daily rate trend for Investment Banking in London

Investment Banking
Daily Rate Histogram in London

Daily rate distribution for jobs citing Investment Banking in London over the 6 months to 1 June 2024.

Daily rate histogram for Investment Banking in London

Investment Banking
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Investment Banking in London

Investment Banking
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 Investment Banking within the London region over the 6 months to 1 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
Central London -6 79 £688 -1.79% 16
South London -3 2 £575 +12.20%
East London -5 2 £540 +0.47% 3
Investment Banking
England

Investment Banking
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
1 121 (22.41%) Apache
2 113 (20.93%) Apache Airflow
3 7 (1.30%) Apache Spark
4 5 (0.93%) Microsoft Exchange
5 4 (0.74%) Confluence
5 4 (0.74%) SharePoint
6 3 (0.56%) CMS
6 3 (0.56%) Headless CMS
6 3 (0.56%) nginx
7 2 (0.37%) Adobe Experience Manager
7 2 (0.37%) IIS
8 1 (0.19%) GemFire
8 1 (0.19%) Oracle Coherence
8 1 (0.19%) Oracle Workflow
Applications
1 16 (2.96%) Microsoft Excel
2 6 (1.11%) Microsoft PowerPoint
3 5 (0.93%) Microsoft Office
4 2 (0.37%) Spreadsheet
5 1 (0.19%) InVision
5 1 (0.19%) Microsoft Project
5 1 (0.19%) Sketch
Business Applications
1 12 (2.22%) Aladdin
2 11 (2.04%) ION Anvil
3 8 (1.48%) ION MarketView
4 3 (0.56%) IntelliMatch
4 3 (0.56%) Orchestrade
5 2 (0.37%) Fidessa
5 2 (0.37%) SAP S/4HANA
6 1 (0.19%) Loan IQ
6 1 (0.19%) Misys Opics
6 1 (0.19%) SAP CO
6 1 (0.19%) SAP ERP
6 1 (0.19%) SAP FI
6 1 (0.19%) SAP FI/CO
Cloud Services
1 154 (28.52%) AWS
2 119 (22.04%) dbt
3 103 (19.07%) Snowflake
4 72 (13.33%) GCP
5 46 (8.52%) Azure
6 18 (3.33%) Power Platform
7 11 (2.04%) Azure DevOps
8 6 (1.11%) npm
8 6 (1.11%) Yarn
9 5 (0.93%) Azure AKS
9 5 (0.93%) Dynamics 365
9 5 (0.93%) Power Automate
10 4 (0.74%) Amazon S3
10 4 (0.74%) Amazon SQS
10 4 (0.74%) Azure Key Vault
10 4 (0.74%) Cloud Run
10 4 (0.74%) GitHub
10 4 (0.74%) Google Kubernetes Engine
10 4 (0.74%) OpenShift
10 4 (0.74%) Serverless
Communications & Networking
1 6 (1.11%) SSH
2 4 (0.74%) FIX Connectivity
2 4 (0.74%) Internet
3 3 (0.56%) AMQP
3 3 (0.56%) Firewall
4 1 (0.19%) Cisco Nexus
4 1 (0.19%) DMZ
4 1 (0.19%) LAN
4 1 (0.19%) VPN
4 1 (0.19%) WAN
Database & Business Intelligence
1 119 (22.04%) Apache Arrow
1 119 (22.04%) Dremio
2 113 (20.93%) Amazon Athena
2 113 (20.93%) Apache Ignite
3 110 (20.37%) Data Lake
4 32 (5.93%) SQL Server
5 29 (5.37%) Relational Database
6 17 (3.15%) Big Data
7 13 (2.41%) Power BI
8 11 (2.04%) KDB
9 9 (1.67%) NoSQL
10 8 (1.48%) MongoDB
10 8 (1.48%) Tableau
11 5 (0.93%) Hadoop
11 5 (0.93%) MySQL
11 5 (0.93%) Oracle Database
11 5 (0.93%) SQL Server Reporting Services
12 4 (0.74%) Azure SQL Database
12 4 (0.74%) BigQuery
12 4 (0.74%) Data Warehouse
Development Applications
1 25 (4.63%) Git
1 25 (4.63%) JIRA
2 18 (3.33%) Jenkins
2 18 (3.33%) TeamCity
3 12 (2.22%) Cucumber
4 9 (1.67%) Visual Studio
5 7 (1.30%) Bitbucket
6 6 (1.11%) JUnit
6 6 (1.11%) Selenium
7 5 (0.93%) MLflow
7 5 (0.93%) SpecFlow
8 4 (0.74%) Cypress.io
8 4 (0.74%) Maven
8 4 (0.74%) PHPUnit
9 3 (0.56%) Mocha
9 3 (0.56%) Octopus Deploy
9 3 (0.56%) webpack
10 2 (0.37%) Artifactory
10 2 (0.37%) GitLab
10 2 (0.37%) Visual Studio Code
General
1 540 (100.00%) Banking
2 327 (60.56%) Finance
3 223 (41.30%) Front Office
4 97 (17.96%) Social Skills
5 50 (9.26%) Analytical Skills
6 30 (5.56%) Retail
7 28 (5.19%) Retail Banking
8 26 (4.81%) Corporate Banking
9 10 (1.85%) Wholesale Banking
10 8 (1.48%) Back Office
11 6 (1.11%) Presentation Skills
12 4 (0.74%) Financial Institution
12 4 (0.74%) Inclusion and Diversity
12 4 (0.74%) Legal
12 4 (0.74%) Organisational Skills
12 4 (0.74%) Prime Brokerage
13 3 (0.56%) Public Sector
13 3 (0.56%) Synthetic Prime Brokerage
14 2 (0.37%) French Language
14 2 (0.37%) Public Speaking
Job Titles
1 191 (35.37%) Developer
2 110 (20.37%) Analyst
3 77 (14.26%) Senior
4 73 (13.52%) Software Engineer
5 72 (13.33%) Java Developer
6 71 (13.15%) Business Analyst
7 66 (12.22%) Lead
8 47 (8.70%) Java Engineer
9 46 (8.52%) Python Engineer
10 43 (7.96%) Python Software Engineer
11 42 (7.78%) Architect
11 42 (7.78%) Java Software Engineer
12 41 (7.59%) AWS Engineer
13 39 (7.22%) AWS Software Engineer
14 38 (7.04%) Senior Software Engineer
15 36 (6.67%) Python Developer
16 35 (6.48%) Software Developer
16 35 (6.48%) Solutions Architect
17 33 (6.11%) Developer/Software Engineer
18 32 (5.93%) Lead Developer
Libraries, Frameworks & Software Standards
1 115 (21.30%) gRPC
2 113 (20.93%) Pandas
3 112 (20.74%) NumPy
3 112 (20.74%) Protocol Buffers
3 112 (20.74%) SciPy
4 48 (8.89%) .NET
5 35 (6.48%) FIX Protocol
6 34 (6.30%) React
7 17 (3.15%) Spring
8 16 (2.96%) WPF
9 14 (2.59%) CSS
9 14 (2.59%) HTML
10 13 (2.41%) AngularJS
11 12 (2.22%) Kafka
12 11 (2.04%) .NET Framework
12 11 (2.04%) REST
13 10 (1.85%) XML
14 9 (1.67%) .NET Core
14 9 (1.67%) HTML5
15 8 (1.48%) Spring Boot
Miscellaneous
1 191 (35.37%) Derivative
2 187 (34.63%) Fixed Income
3 160 (29.63%) Foreign Exchange (FX)
4 159 (29.44%) Equities
5 138 (25.56%) Hedge funds
6 38 (7.04%) Product Ownership
7 20 (3.70%) Equity Derivative
8 14 (2.59%) Pricing Data
9 13 (2.41%) Market Risk
10 12 (2.22%) Algorithms
11 10 (1.85%) Credit Risk
12 9 (1.67%) Distributed Computing
13 8 (1.48%) Enterprise Software
13 8 (1.48%) Management Information System
13 8 (1.48%) OTC Derivatives
14 6 (1.11%) Linux Command Line
15 5 (0.93%) Data Structures
15 5 (0.93%) Distributed Systems
15 5 (0.93%) Greenfield Project
15 5 (0.93%) Public Cloud
Operating Systems
1 48 (8.89%) Linux
2 42 (7.78%) Windows
3 36 (6.67%) Unix
4 2 (0.37%) Android
4 2 (0.37%) Apple iOS
4 2 (0.37%) Windows 10
5 1 (0.19%) Red Hat Enterprise Linux
5 1 (0.19%) VMS
Processes & Methodologies
1 231 (42.78%) Agile
2 147 (27.22%) Asset Management
3 136 (25.19%) Software Engineering
4 114 (21.11%) Investment Management
5 59 (10.93%) DevOps
6 55 (10.19%) Line Management
6 55 (10.19%) Problem-Solving
7 44 (8.15%) Wealth Management
8 41 (7.59%) Analytics
8 41 (7.59%) Test Automation
9 40 (7.41%) Electronic Trading
10 38 (7.04%) Greeks
11 33 (6.11%) SDLC
12 31 (5.74%) Scrum
12 31 (5.74%) Stakeholder Management
13 29 (5.37%) Business Analysis
13 29 (5.37%) Microservices
14 28 (5.19%) Risk Management
15 27 (5.00%) CI/CD
15 27 (5.00%) Project Management
Programming Languages
1 222 (41.11%) Python
2 209 (38.70%) Java
3 132 (24.44%) TypeScript
4 129 (23.89%) SQL
5 128 (23.70%) JavaScript
6 80 (14.81%) C#
7 30 (5.56%) C++
8 23 (4.26%) PowerShell
9 20 (3.70%) Scala
10 11 (2.04%) T-SQL
11 9 (1.67%) Perl
11 9 (1.67%) VBA
12 7 (1.30%) Shell Script
13 6 (1.11%) Bash
13 6 (1.11%) PHP
13 6 (1.11%) Ruby
14 5 (0.93%) R
15 3 (0.56%) Data Analysis Expressions
15 3 (0.56%) Kotlin
15 3 (0.56%) PL/SQL
Qualifications
1 36 (6.67%) Degree
2 11 (2.04%) Numerate Degree
3 10 (1.85%) Computer Science Degree
4 6 (1.11%) Master's Degree
5 4 (0.74%) PMP
6 3 (0.56%) CISM
6 3 (0.56%) CISSP
7 2 (0.37%) SC Cleared
7 2 (0.37%) Security Cleared
7 2 (0.37%) Six Sigma Black Belt
7 2 (0.37%) Six Sigma Green Belt
8 1 (0.19%) APMP
8 1 (0.19%) ISEB
8 1 (0.19%) MCSE
8 1 (0.19%) Microsoft Certification
8 1 (0.19%) PMI Certification
Quality Assurance & Compliance
1 48 (8.89%) Data Quality
2 28 (5.19%) QA
3 13 (2.41%) EMIR
4 9 (1.67%) MiFID
5 8 (1.48%) PMO
5 8 (1.48%) SLA
6 4 (0.74%) ISO/IEC 27001
7 3 (0.56%) Cyber Essentials
7 3 (0.56%) Dodd-Frank
8 2 (0.37%) SEPA
9 1 (0.19%) Basel II
9 1 (0.19%) Basel III
9 1 (0.19%) GAAP
9 1 (0.19%) GRC
9 1 (0.19%) NIST
System Software
1 19 (3.52%) Docker
2 12 (2.22%) Active Directory
3 1 (0.19%) Cronacle
3 1 (0.19%) GridGain
3 1 (0.19%) HDFS
Systems Management
1 18 (3.33%) Kubernetes
2 11 (2.04%) Grafana
3 10 (1.85%) ITRS Geneos
4 9 (1.67%) Ansible
4 9 (1.67%) Terraform
5 4 (0.74%) Prometheus
5 4 (0.74%) Puppet
6 1 (0.19%) Argo
6 1 (0.19%) Control-M
6 1 (0.19%) CSIRT
6 1 (0.19%) Kibana
6 1 (0.19%) Netcool
6 1 (0.19%) PowerBroker
6 1 (0.19%) Rancher
Vendors
1 28 (5.19%) Bloomberg
2 26 (4.81%) Microsoft
3 14 (2.59%) ION Trading
3 14 (2.59%) Oracle
4 12 (2.22%) BISAM
5 10 (1.85%) Databricks
6 6 (1.11%) Dynatrace
6 6 (1.11%) Refinitiv
7 5 (0.93%) Citrix
7 5 (0.93%) IBM
8 4 (0.74%) Alteryx
8 4 (0.74%) Google
8 4 (0.74%) ServiceNow
8 4 (0.74%) SmartStream
9 3 (0.56%) Atlassian
9 3 (0.56%) GoldenSource
9 3 (0.56%) Murex
9 3 (0.56%) SAP
9 3 (0.56%) Solace
9 3 (0.56%) Splunk