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 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 29 28 29
Rank change year-on-year -1 +1 -13
Contract jobs citing Banking 127 196 234
As % of all contract jobs advertised in Scotland 5.93% 7.32% 6.88%
As % of the General category 9.24% 10.91% 9.76%
Number of daily rates quoted 71 94 112
10th Percentile £288 £404 £382
25th Percentile £400 £443 £448
Median daily rate (50th Percentile) £525 £500 £519
Median % change year-on-year +5.00% -3.66% +15.33%
75th Percentile £619 £638 £602
90th Percentile £688 £738 £669
UK median daily rate £600 £650 £625
% change year-on-year -7.69% +4.00% +8.70%
Number of hourly rates quoted 2 2 4
10th Percentile - £62.84 -
25th Percentile - £63.83 £40.25
Median hourly rate £12.30 £66.56 £41.75
Median % change year-on-year -81.52% +59.43% +197.58%
75th Percentile - £68.20 £44.63
90th Percentile - £68.53 £46.65
UK median hourly rate £19.05 £52.50 £27.50
% change year-on-year -63.71% +90.91% +96.01%

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 1,374 1,797 2,398
As % of all contract IT jobs advertised in Scotland 64.12% 67.13% 70.47%
Number of daily rates quoted 828 1,286 1,734
10th Percentile £178 £225 £230
25th Percentile £333 £400 £388
Median daily rate (50th Percentile) £450 £475 £475
Median % change year-on-year -5.26% - +11.76%
75th Percentile £561 £554 £550
90th Percentile £638 £644 £625
UK median daily rate £525 £550 £540
% change year-on-year -4.55% +1.85% +8.00%
Number of hourly rates quoted 77 28 46
10th Percentile £12.18 £12.62 £15.04
25th Percentile £14.50 £14.17 £17.50
Median hourly rate £18.13 £19.88 £32.14
Median % change year-on-year -8.80% -38.15% +83.66%
75th Percentile £48.00 £58.75 £47.25
90th Percentile £67.00 £67.22 £53.75
UK median hourly rate £30.00 £32.30 £22.50
% change year-on-year -7.12% +43.56% +4.65%

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 1 June 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 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
Glasgow +2 62 £452 -17.91% 17
Edinburgh 0 60 £600 +20.18% 17
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 6 (4.72%) Apache Spark
2 5 (3.94%) IBM HTTP Server
2 5 (3.94%) SharePoint
2 5 (3.94%) WebSphere
2 5 (3.94%) WebSphere Application Server
2 5 (3.94%) WebSphere Portal
3 2 (1.57%) Apache Airflow
4 1 (0.79%) Cloud Foundry
4 1 (0.79%) Confluence
4 1 (0.79%) SAS
Applications
1 8 (6.30%) Microsoft Excel
2 4 (3.15%) Spreadsheet
3 1 (0.79%) MS Visio
Business Applications
1 1 (0.79%) Markit EDM
1 1 (0.79%) Payment Gateway
Cloud Services
1 22 (17.32%) AWS
2 18 (14.17%) Azure
3 8 (6.30%) GCP
3 8 (6.30%) OpenShift
4 4 (3.15%) AWS Lambda
4 4 (3.15%) Entra ID
4 4 (3.15%) Serverless
5 3 (2.36%) Amazon S3
5 3 (2.36%) AWS CloudFormation
6 2 (1.57%) Amazon EC2
6 2 (1.57%) Amazon EMR
6 2 (1.57%) Amazon SageMaker
6 2 (1.57%) IaaS
6 2 (1.57%) SaaS
6 2 (1.57%) Snowflake
6 2 (1.57%) Virtual Private Cloud
7 1 (0.79%) Amazon EKS
7 1 (0.79%) Cloud Run
7 1 (0.79%) Dynamics 365
7 1 (0.79%) Figma
Communications & Networking
1 6 (4.72%) SAN
2 5 (3.94%) ATM
2 5 (3.94%) HTTP
2 5 (3.94%) NAS
3 4 (3.15%) Firewall
4 3 (2.36%) DNS
5 2 (1.57%) DHCP
5 2 (1.57%) SSL
6 1 (0.79%) Fibre Channel
6 1 (0.79%) iSCSI
6 1 (0.79%) TCP/IP
Database & Business Intelligence
1 5 (3.94%) Big Data
2 4 (3.15%) Apache Hive
2 4 (3.15%) NoSQL
2 4 (3.15%) Relational Database
2 4 (3.15%) Spark SQL
3 3 (2.36%) Amazon Athena
3 3 (2.36%) Impala
3 3 (2.36%) MySQL
4 2 (1.57%) Oracle Database
4 2 (1.57%) RDBMS
4 2 (1.57%) SQL Server
5 1 (0.79%) Amazon RDS
5 1 (0.79%) BigQuery
5 1 (0.79%) BusinessObjects
5 1 (0.79%) DB2
5 1 (0.79%) Hadoop
5 1 (0.79%) MongoDB
5 1 (0.79%) SQL Server Reporting Services
Development Applications
1 10 (7.87%) JIRA
2 6 (4.72%) Git
3 5 (3.94%) IBM UrbanCode
3 5 (3.94%) Jenkins
4 2 (1.57%) GitLab
4 2 (1.57%) JMeter
4 2 (1.57%) JUnit
4 2 (1.57%) LoadRunner
4 2 (1.57%) Selenium
5 1 (0.79%) Gradle
5 1 (0.79%) Liquibase
5 1 (0.79%) Maven
5 1 (0.79%) Mockito
5 1 (0.79%) TeamCity
General
1 64 (50.39%) Finance
2 45 (35.43%) Social Skills
3 16 (12.60%) Retail Banking
4 12 (9.45%) Investment Banking
5 10 (7.87%) Analytical Skills
6 5 (3.94%) Billing
6 5 (3.94%) Organisational Skills
7 3 (2.36%) Presentation Skills
7 3 (2.36%) Public Sector
7 3 (2.36%) Retail
7 3 (2.36%) Telecoms
8 2 (1.57%) Corporate Banking
8 2 (1.57%) Influencing Skills
9 1 (0.79%) Documentation Skills
9 1 (0.79%) Legal
Job Titles
1 30 (23.62%) Analyst
2 18 (14.17%) Developer
3 14 (11.02%) Senior
4 11 (8.66%) Architect
5 10 (7.87%) Business Analyst
6 9 (7.09%) Java Developer
6 9 (7.09%) Solutions Architect
7 7 (5.51%) Python Engineer
7 7 (5.51%) Technical Analyst
8 6 (4.72%) DevOps Engineer
8 6 (4.72%) PMO Analyst
9 5 (3.94%) Cybersecurity Analyst
9 5 (3.94%) Middleware Engineer
9 5 (3.94%) Security Analyst
9 5 (3.94%) Senior Middleware Engineer
9 5 (3.94%) Site Reliability Engineer
10 4 (3.15%) Consultant
10 4 (3.15%) Infrastructure Engineer
10 4 (3.15%) Lead
10 4 (3.15%) VMware Consultant
Libraries, Frameworks & Software Standards
1 13 (10.24%) Kafka
2 11 (8.66%) Middleware
3 9 (7.09%) Spring
4 7 (5.51%) RESTful
4 7 (5.51%) Spring Boot
5 5 (3.94%) J2EE
6 4 (3.15%) REST
6 4 (3.15%) SailPoint
7 2 (1.57%) Android Jetpack
7 2 (1.57%) AngularJS
7 2 (1.57%) Elastic Stack
7 2 (1.57%) Jetpack Compose
7 2 (1.57%) Lambda Expressions
7 2 (1.57%) OpenTracing
7 2 (1.57%) PySpark
7 2 (1.57%) React
8 1 (0.79%) Dagger
8 1 (0.79%) Retrofit
8 1 (0.79%) Spring Batch
8 1 (0.79%) Spring Cloud
Miscellaneous
1 6 (4.72%) Public Cloud
1 6 (4.72%) SWIFT Messaging Network
2 5 (3.94%) Data Structures
2 5 (3.94%) Onboarding
3 4 (3.15%) Distributed Systems
4 3 (2.36%) Mobile App
4 3 (2.36%) Virtual Team
5 2 (1.57%) Cyber Kill Chain
5 2 (1.57%) Equities
5 2 (1.57%) Foreign Exchange (FX)
6 1 (0.79%) Client/Server
6 1 (0.79%) Credit Risk
6 1 (0.79%) Data Protection Act
6 1 (0.79%) Legacy Systems
6 1 (0.79%) Low-Code
6 1 (0.79%) Mainframe
6 1 (0.79%) Management Information System
6 1 (0.79%) NVMe
6 1 (0.79%) Operational Technology
6 1 (0.79%) Product Ownership
Operating Systems
1 13 (10.24%) Unix
2 11 (8.66%) Linux
3 8 (6.30%) Windows
4 3 (2.36%) Android
4 3 (2.36%) Windows Server
5 2 (1.57%) VMS
5 2 (1.57%) zOS
6 1 (0.79%) Apple iOS
6 1 (0.79%) Data ONTAP
6 1 (0.79%) Red Hat Enterprise Linux
Processes & Methodologies
1 31 (24.41%) Agile
2 15 (11.81%) Microservices
3 14 (11.02%) Problem-Solving
3 14 (11.02%) Project Delivery
3 14 (11.02%) Stakeholder Management
4 13 (10.24%) DevOps
5 11 (8.66%) Waterfall
6 10 (7.87%) Project Management
7 9 (7.09%) Cybersecurity
7 9 (7.09%) Migration
7 9 (7.09%) SDLC
8 8 (6.30%) Test Automation
8 8 (6.30%) Test Strategy
8 8 (6.30%) User Acceptance Testing
9 7 (5.51%) CI/CD
9 7 (5.51%) Computer Science
9 7 (5.51%) Data Protection
9 7 (5.51%) Decision-Making
9 7 (5.51%) End-to-End Testing
9 7 (5.51%) Scrum
Programming Languages
1 20 (15.75%) Python
2 15 (11.81%) Java
2 15 (11.81%) SQL
3 8 (6.30%) Perl
4 5 (3.94%) Kotlin
5 4 (3.15%) Scala
5 4 (3.15%) Shell Script
6 2 (1.57%) JavaScript
7 1 (0.79%) Groovy
7 1 (0.79%) PL/SQL
7 1 (0.79%) T-SQL
7 1 (0.79%) TypeScript
Qualifications
1 9 (7.09%) Degree
2 4 (3.15%) Computer Science Degree
3 3 (2.36%) Master's Degree
3 3 (2.36%) Security Cleared
4 2 (1.57%) ISEB
4 2 (1.57%) ISEB Practitioner
4 2 (1.57%) ISTQB
5 1 (0.79%) AWS Certification
5 1 (0.79%) Azure Certification
5 1 (0.79%) CCSA
5 1 (0.79%) CCSE
5 1 (0.79%) CISA
5 1 (0.79%) CISSP
5 1 (0.79%) Oracle Certification
Quality Assurance & Compliance
1 15 (11.81%) PMO
2 4 (3.15%) QA
3 2 (1.57%) Disclosure Scotland
3 2 (1.57%) ISO/IEC 27001
3 2 (1.57%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
3 2 (1.57%) NIST
4 1 (0.79%) Accessibility
4 1 (0.79%) ISO 20022
4 1 (0.79%) ISO 8583
System Software
1 9 (7.09%) Docker
2 5 (3.94%) VMware Infrastructure
2 5 (3.94%) VMware NSX
2 5 (3.94%) vSphere
3 4 (3.15%) Active Directory
4 3 (2.36%) Hyper-V
5 1 (0.79%) Firmware
5 1 (0.79%) GPFS
5 1 (0.79%) NFS
5 1 (0.79%) Virtual Desktop
Systems Management
1 13 (10.24%) Kubernetes
2 7 (5.51%) Grafana
3 6 (4.72%) Prometheus
3 6 (4.72%) Terraform
4 4 (3.15%) Ansible
5 3 (2.36%) NetBackup
6 2 (1.57%) HP Quality Center
6 2 (1.57%) Zipkin
7 1 (0.79%) Nessus
7 1 (0.79%) Veritas Storage Foundation
Vendors
1 17 (13.39%) Microsoft
2 9 (7.09%) Oracle
3 8 (6.30%) IBM
3 8 (6.30%) Splunk
4 7 (5.51%) Google
5 6 (4.72%) Cisco
6 5 (3.94%) CyberArk
6 5 (3.94%) Dell
6 5 (3.94%) VMware
7 4 (3.15%) Veritas
8 2 (1.57%) F5
8 2 (1.57%) Qualys
8 2 (1.57%) Sage
9 1 (0.79%) Alteryx
9 1 (0.79%) Brocade
9 1 (0.79%) Confluent
9 1 (0.79%) Databricks
9 1 (0.79%) ServiceNow
9 1 (0.79%) Solace
9 1 (0.79%) StreamSets