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 20 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 73 52 59
Rank change year-on-year -21 +7 +8
Contract jobs citing Investment Banking 530 1,116 1,669
As % of all contract jobs advertised in London 3.03% 4.29% 4.29%
As % of the General category 4.81% 6.78% 7.10%
Number of daily rates quoted 414 833 1,229
10th Percentile £500 £525 £539
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 £874 £810 £800
90th Percentile £888 £950 £888
England median daily rate £750 £700 £718
% change year-on-year +7.14% -2.44% +10.38%
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 11,025 16,456 23,511
As % of all contract IT jobs advertised in London 63.08% 63.25% 60.39%
Number of daily rates quoted 7,876 11,929 16,992
10th Percentile £336 £380 £381
25th Percentile £450 £481 £475
Median daily rate (50th Percentile) £575 £600 £575
Median % change year-on-year -4.17% +4.35% +9.52%
75th Percentile £700 £725 £700
90th Percentile £825 £825 £800
England median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 233 211 300
10th Percentile £15.60 £16.61 £18.95
25th Percentile £18.13 £21.00 £25.68
Median hourly rate £28.00 £30.00 £37.50
Median % change year-on-year -6.67% -20.00% +36.36%
75th Percentile £44.75 £53.36 £50.00
90th Percentile £65.00 £70.00 £67.50
England median hourly rate £30.16 £32.00 £21.78
% change year-on-year -5.75% +46.91% -0.99%

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 20 May 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 20 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 -12 75 £700 -2.10% 6
East London -2 2 £540 +0.47% 12
South London -4 2 £575 +12.20%
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
1 106 (20.00%) Apache
2 103 (19.43%) Apache Airflow
3 7 (1.32%) Apache Spark
4 5 (0.94%) Microsoft Exchange
4 5 (0.94%) SharePoint
5 4 (0.75%) Confluence
6 3 (0.57%) CMS
6 3 (0.57%) Headless CMS
7 2 (0.38%) Adobe Experience Manager
7 2 (0.38%) IIS
7 2 (0.38%) nginx
8 1 (0.19%) GemFire
8 1 (0.19%) Oracle Coherence
8 1 (0.19%) Oracle Workflow
Applications
1 22 (4.15%) Microsoft Excel
2 10 (1.89%) Microsoft PowerPoint
3 8 (1.51%) Microsoft Office
4 3 (0.57%) Microsoft Project
5 2 (0.38%) Sketch
5 2 (0.38%) Spreadsheet
6 1 (0.19%) InVision
Business Applications
1 12 (2.26%) Aladdin
2 11 (2.08%) ION Anvil
3 8 (1.51%) ION MarketView
4 5 (0.94%) IntelliMatch
4 5 (0.94%) Loan IQ
5 4 (0.75%) Orchestrade
6 2 (0.38%) Fidessa
6 2 (0.38%) SAP S/4HANA
7 1 (0.19%) SAP CO
7 1 (0.19%) SAP ERP
7 1 (0.19%) SAP FI
7 1 (0.19%) SAP FI/CO
Cloud Services
1 137 (25.85%) AWS
2 104 (19.62%) dbt
3 89 (16.79%) Snowflake
4 70 (13.21%) GCP
5 43 (8.11%) Azure
6 15 (2.83%) Power Platform
7 8 (1.51%) Azure DevOps
8 6 (1.13%) Microsoft 365
8 6 (1.13%) Power Automate
9 5 (0.94%) Dynamics 365
9 5 (0.94%) npm
9 5 (0.94%) Serverless
9 5 (0.94%) Yarn
10 4 (0.75%) Azure AKS
10 4 (0.75%) Cloud Run
10 4 (0.75%) GitHub
10 4 (0.75%) Google Kubernetes Engine
10 4 (0.75%) OpenShift
11 3 (0.57%) Amazon S3
11 3 (0.57%) Amazon SQS
Communications & Networking
1 4 (0.75%) FIX Connectivity
1 4 (0.75%) Internet
1 4 (0.75%) SSH
2 3 (0.57%) Firewall
2 3 (0.57%) LAN
2 3 (0.57%) WAN
3 2 (0.38%) AMQP
4 1 (0.19%) Cisco Nexus
4 1 (0.19%) DMZ
4 1 (0.19%) VPN
Database & Business Intelligence
1 104 (19.62%) Apache Arrow
1 104 (19.62%) Dremio
2 102 (19.25%) Amazon Athena
2 102 (19.25%) Apache Ignite
3 92 (17.36%) Data Lake
4 32 (6.04%) Relational Database
5 30 (5.66%) SQL Server
6 12 (2.26%) Big Data
6 12 (2.26%) KDB
7 10 (1.89%) Power BI
8 6 (1.13%) NoSQL
9 5 (0.94%) Hadoop
9 5 (0.94%) MongoDB
9 5 (0.94%) Oracle Database
10 4 (0.75%) BigQuery
10 4 (0.75%) Data Warehouse
10 4 (0.75%) MySQL
10 4 (0.75%) Tableau
11 3 (0.57%) Apache Hive
11 3 (0.57%) SQL Server Reporting Services
Development Applications
1 23 (4.34%) JIRA
2 22 (4.15%) Git
3 19 (3.58%) TeamCity
4 15 (2.83%) Jenkins
5 10 (1.89%) Cucumber
6 8 (1.51%) Visual Studio
7 7 (1.32%) Bitbucket
8 5 (0.94%) MLflow
8 5 (0.94%) Selenium
9 4 (0.75%) JUnit
9 4 (0.75%) SpecFlow
10 3 (0.57%) GitLab
10 3 (0.57%) Octopus Deploy
10 3 (0.57%) PHPUnit
10 3 (0.57%) webpack
11 2 (0.38%) Artifactory
11 2 (0.38%) Cypress.io
11 2 (0.38%) Maven
11 2 (0.38%) Mocha
11 2 (0.38%) Visual Studio Code
General
1 530 (100.00%) Banking
2 314 (59.25%) Finance
3 211 (39.81%) Front Office
4 105 (19.81%) Social Skills
5 52 (9.81%) Analytical Skills
6 33 (6.23%) Retail
7 30 (5.66%) Retail Banking
8 28 (5.28%) Corporate Banking
9 10 (1.89%) Back Office
9 10 (1.89%) Wholesale Banking
10 7 (1.32%) Financial Institution
11 6 (1.13%) Presentation Skills
12 5 (0.94%) Prime Brokerage
12 5 (0.94%) Public Sector
13 4 (0.75%) Inclusion and Diversity
13 4 (0.75%) Legal
13 4 (0.75%) Organisational Skills
13 4 (0.75%) Synthetic Prime Brokerage
14 2 (0.38%) French Language
14 2 (0.38%) Public Speaking
Job Titles
1 190 (35.85%) Developer
2 106 (20.00%) Analyst
3 71 (13.40%) Business Analyst
4 69 (13.02%) Java Developer
4 69 (13.02%) Senior
5 66 (12.45%) Software Engineer
6 63 (11.89%) Lead
7 41 (7.74%) Architect
7 41 (7.74%) Java Engineer
8 38 (7.17%) Python Engineer
9 37 (6.98%) Python Software Engineer
10 36 (6.79%) AWS Engineer
10 36 (6.79%) Java Software Engineer
10 36 (6.79%) Software Developer
11 34 (6.42%) AWS Software Engineer
11 34 (6.42%) C# Developer
11 34 (6.42%) Developer/Software Engineer
12 33 (6.23%) Solutions Architect
13 31 (5.85%) Python Developer
14 30 (5.66%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 103 (19.43%) gRPC
2 102 (19.25%) Pandas
3 101 (19.06%) NumPy
3 101 (19.06%) Protocol Buffers
3 101 (19.06%) SciPy
4 48 (9.06%) .NET
5 37 (6.98%) FIX Protocol
6 31 (5.85%) React
7 19 (3.58%) WPF
8 14 (2.64%) CSS
9 13 (2.45%) HTML
10 12 (2.26%) AngularJS
10 12 (2.26%) Spring
11 11 (2.08%) .NET Framework
12 9 (1.70%) Kafka
13 8 (1.51%) .NET Core
13 8 (1.51%) HTML5
13 8 (1.51%) WCF
13 8 (1.51%) XML
14 7 (1.32%) Redux
Miscellaneous
1 181 (34.15%) Derivative
2 173 (32.64%) Fixed Income
3 145 (27.36%) Equities
4 143 (26.98%) Foreign Exchange (FX)
5 120 (22.64%) Hedge funds
6 40 (7.55%) Product Ownership
7 20 (3.77%) Equity Derivative
8 14 (2.64%) Market Risk
9 10 (1.89%) Pricing Data
10 9 (1.70%) Algorithms
10 9 (1.70%) Credit Risk
11 8 (1.51%) Distributed Computing
11 8 (1.51%) OTC Derivatives
12 7 (1.32%) Management Information System
13 6 (1.13%) Enterprise Software
14 5 (0.94%) Distributed Systems
14 5 (0.94%) Greenfield Project
14 5 (0.94%) Public Cloud
14 5 (0.94%) Reference Data
14 5 (0.94%) Self-Motivation
Operating Systems
1 42 (7.92%) Linux
1 42 (7.92%) Windows
2 35 (6.60%) Unix
3 3 (0.57%) Android
4 2 (0.38%) Apple iOS
4 2 (0.38%) Windows 10
5 1 (0.19%) Red Hat Enterprise Linux
5 1 (0.19%) VMS
Processes & Methodologies
1 218 (41.13%) Agile
2 129 (24.34%) Asset Management
3 124 (23.40%) Software Engineering
4 97 (18.30%) Investment Management
5 58 (10.94%) Problem-Solving
6 54 (10.19%) DevOps
7 51 (9.62%) Line Management
8 44 (8.30%) Wealth Management
9 42 (7.92%) Test Automation
10 41 (7.74%) Electronic Trading
11 39 (7.36%) Analytics
12 34 (6.42%) Stakeholder Management
13 33 (6.23%) Project Management
14 32 (6.04%) Greeks
14 32 (6.04%) SDLC
15 27 (5.09%) Risk Management
15 27 (5.09%) Scrum
16 25 (4.72%) Business Analysis
16 25 (4.72%) Fintech
16 25 (4.72%) Migration
Programming Languages
1 198 (37.36%) Python
2 193 (36.42%) Java
3 122 (23.02%) SQL
4 119 (22.45%) TypeScript
5 113 (21.32%) JavaScript
6 85 (16.04%) C#
7 24 (4.53%) C++
7 24 (4.53%) PowerShell
8 21 (3.96%) Scala
9 9 (1.70%) T-SQL
9 9 (1.70%) VBA
10 7 (1.32%) Ruby
11 6 (1.13%) Perl
12 5 (0.94%) Bash
12 5 (0.94%) PHP
12 5 (0.94%) R
12 5 (0.94%) Shell Script
13 3 (0.57%) Data Analysis Expressions
13 3 (0.57%) Go
13 3 (0.57%) PL/SQL
Qualifications
1 36 (6.79%) Degree
2 12 (2.26%) Numerate Degree
3 10 (1.89%) Computer Science Degree
4 6 (1.13%) Master's Degree
5 4 (0.75%) PMP
6 3 (0.57%) APMP
6 3 (0.57%) CISM
6 3 (0.57%) CISSP
6 3 (0.57%) MCSE
6 3 (0.57%) Microsoft Certification
7 2 (0.38%) SC Cleared
7 2 (0.38%) Security Cleared
7 2 (0.38%) Six Sigma Black Belt
7 2 (0.38%) Six Sigma Green Belt
8 1 (0.19%) ISEB
8 1 (0.19%) PMI Certification
Quality Assurance & Compliance
1 40 (7.55%) Data Quality
2 28 (5.28%) QA
3 15 (2.83%) EMIR
4 13 (2.45%) PMO
5 11 (2.08%) MiFID
6 10 (1.89%) SLA
7 3 (0.57%) Dodd-Frank
7 3 (0.57%) ISO/IEC 27001
8 2 (0.38%) Cyber Essentials
8 2 (0.38%) 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 16 (3.02%) Docker
2 12 (2.26%) Active Directory
3 1 (0.19%) Cronacle
3 1 (0.19%) GridGain
3 1 (0.19%) HDFS
Systems Management
1 16 (3.02%) Kubernetes
2 11 (2.08%) ITRS Geneos
3 10 (1.89%) Grafana
4 9 (1.70%) Ansible
4 9 (1.70%) Terraform
5 5 (0.94%) Puppet
6 3 (0.57%) Prometheus
7 1 (0.19%) Argo
7 1 (0.19%) Consul
7 1 (0.19%) Control-M
7 1 (0.19%) CSIRT
7 1 (0.19%) Kibana
7 1 (0.19%) Netcool
7 1 (0.19%) Packer
7 1 (0.19%) PowerBroker
7 1 (0.19%) Progress Chef
7 1 (0.19%) Rancher
Vendors
1 33 (6.23%) Microsoft
2 30 (5.66%) Bloomberg
3 14 (2.64%) ION Trading
3 14 (2.64%) Oracle
4 12 (2.26%) BISAM
5 10 (1.89%) Databricks
6 8 (1.51%) Refinitiv
7 6 (1.13%) Dynatrace
7 6 (1.13%) Murex
8 5 (0.94%) Citrix
8 5 (0.94%) IBM
9 4 (0.75%) Alteryx
9 4 (0.75%) Google
9 4 (0.75%) ServiceNow
9 4 (0.75%) SmartStream
10 3 (0.57%) Atlassian
10 3 (0.57%) GoldenSource
10 3 (0.57%) SAP
10 3 (0.57%) Solace
10 3 (0.57%) Splunk