Banking Contracts in the Midlands

Banking
England > Midlands

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 23 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 64 78 103
Rank change year-on-year +14 +25 -42
Contract jobs citing Banking 66 86 104
As % of all contract jobs advertised in the Midlands 2.43% 2.65% 2.07%
As % of the General category 4.37% 4.80% 3.78%
Number of daily rates quoted 55 50 83
10th Percentile £358 £446 £360
25th Percentile £405 £502 £399
Median daily rate (50th Percentile) £450 £563 £500
Median % change year-on-year -20.00% +12.50% +29.03%
75th Percentile £538 £711 £566
90th Percentile £620 £731 £603
England median daily rate £625 £650 £640
% change year-on-year -3.85% +1.56% +11.30%
Number of hourly rates quoted 2 1 0
10th Percentile £17.55 - -
25th Percentile £21.38 - -
Median hourly rate £28.25 £70.00 -
Median % change year-on-year -59.64% - -
75th Percentile £34.63 - -
90th Percentile £38.15 - -
England median hourly rate £19.05 £21.00 £23.91
% change year-on-year -9.29% -12.17% +67.82%

All General Skills
Midlands

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 the Midlands with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,510 1,792 2,752
As % of all contract IT jobs advertised in the Midlands 55.54% 55.19% 54.84%
Number of daily rates quoted 1,049 1,279 2,042
10th Percentile £208 £223 £220
25th Percentile £350 £363 £363
Median daily rate (50th Percentile) £475 £488 £475
Median % change year-on-year -2.56% +2.63% +17.28%
75th Percentile £600 £600 £556
90th Percentile £725 £700 £650
England median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 169 77 99
10th Percentile £11.75 £11.92 £10.50
25th Percentile £13.89 £13.70 £13.48
Median hourly rate £17.50 £22.26 £18.50
Median % change year-on-year -21.38% +20.32% +23.33%
75th Percentile £35.00 £42.25 £27.13
90th Percentile £53.40 £51.50 £35.00
England median hourly rate £30.00 £32.00 £21.50
% change year-on-year -6.25% +48.84% -

Banking
Job Vacancy Trend in the Midlands

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

Job vacancy trend for Banking in the Midlands

Banking
Contractor Daily Rate Trend in the Midlands

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

Daily rate trend for Banking in the Midlands

Banking
Daily Rate Histogram in the Midlands

Daily rate distribution for jobs citing Banking in the Midlands over the 6 months to 23 May 2024.

Daily rate histogram for Banking in the Midlands

Banking
Contractor Hourly Rate Trend in the Midlands

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

Hourly rate trend for Banking in the Midlands

Banking
Hourly Rate Histogram in the Midlands

Hourly rate distribution of jobs citing Banking in the Midlands over the 6 months to 23 May 2024.

Hourly rate histogram for Banking in the Midlands

Banking
Contract Job Locations in the Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Midlands region over the 6 months to 23 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
East Midlands +45 45 £445 +4.71% 12
West Midlands -18 19 £525 -12.50% 20
Banking
England

Banking
Co-occurring Skills and Capabilities in the Midlands 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 1 (1.52%) Apache Spark
1 1 (1.52%) JBoss
1 1 (1.52%) SAS
Applications
1 2 (3.03%) Microsoft Excel
2 1 (1.52%) Microsoft Office
2 1 (1.52%) Microsoft PowerPoint
2 1 (1.52%) Spreadsheet
Business Applications
1 6 (9.09%) Payment Gateway
Cloud Services
1 21 (31.82%) AWS
2 13 (19.70%) Azure
3 4 (6.06%) SaaS
4 2 (3.03%) GCP
4 2 (3.03%) OpenShift
5 1 (1.52%) Amazon Cognito
5 1 (1.52%) Amazon EKS
5 1 (1.52%) Amazon S3
5 1 (1.52%) Amazon SageMaker
5 1 (1.52%) AWS Lambda
5 1 (1.52%) Azure DevOps
5 1 (1.52%) Azure Sentinel
5 1 (1.52%) GitHub
5 1 (1.52%) Power Platform
5 1 (1.52%) Rubrik
5 1 (1.52%) Serverless
Communications & Networking
1 2 (3.03%) Firewall
2 1 (1.52%) Cisco Nexus
2 1 (1.52%) DMZ
2 1 (1.52%) DSL
2 1 (1.52%) Internet
2 1 (1.52%) LTE
2 1 (1.52%) SAN
2 1 (1.52%) VPN
Database & Business Intelligence
1 8 (12.12%) Data Lake
2 7 (10.61%) SQL Server
3 4 (6.06%) DB2
3 4 (6.06%) Hadoop
4 3 (4.55%) NoSQL
5 2 (3.03%) Big Data
5 2 (3.03%) Impala
5 2 (3.03%) RDBMS
5 2 (3.03%) Relational Database
5 2 (3.03%) Tableau
6 1 (1.52%) Amazon Athena
6 1 (1.52%) BusinessObjects
6 1 (1.52%) Data Warehouse
6 1 (1.52%) Elasticsearch
6 1 (1.52%) Microsoft Analysis Services
6 1 (1.52%) OLAP
6 1 (1.52%) Power BI
Development Applications
1 11 (16.67%) Jenkins
2 10 (15.15%) JIRA
3 8 (12.12%) Git
4 1 (1.52%) Bitbucket
4 1 (1.52%) Bitbucket Server
4 1 (1.52%) CA Release Automation
4 1 (1.52%) SonarQube
4 1 (1.52%) Sonatype Nexus
4 1 (1.52%) TeamCity
General
1 38 (57.58%) Finance
2 10 (15.15%) Analytical Skills
2 10 (15.15%) Social Skills
3 5 (7.58%) Organisational Skills
4 2 (3.03%) Inclusion and Diversity
5 1 (1.52%) Investment Banking
5 1 (1.52%) Public Sector
Job Titles
1 22 (33.33%) Architect
2 21 (31.82%) Solutions Architect
3 8 (12.12%) Project Manager
4 7 (10.61%) Analyst
5 6 (9.09%) AML Project Manager
6 5 (7.58%) Developer
7 3 (4.55%) Data Analyst
7 3 (4.55%) Data Engineer
7 3 (4.55%) Payments Architect
7 3 (4.55%) Payments Solutions Architect
7 3 (4.55%) Senior
8 2 (3.03%) Banking Analyst
8 2 (3.03%) Business Analyst
8 2 (3.03%) Cloud Architect
8 2 (3.03%) Cloud Engineer
8 2 (3.03%) Commercial Architect
8 2 (3.03%) Compliance Manager
8 2 (3.03%) Product Manager
8 2 (3.03%) Scrum Master
9 1 (1.52%) QA Engineer
Libraries, Frameworks & Software Standards
1 5 (7.58%) React
2 4 (6.06%) .NET
3 2 (3.03%) GraphQL
3 2 (3.03%) Kafka
3 2 (3.03%) Node.js
3 2 (3.03%) RAML
3 2 (3.03%) RESTful
3 2 (3.03%) Spring Boot
4 1 (1.52%) Apollo GraphQL
4 1 (1.52%) Elastic Stack
4 1 (1.52%) gRPC
4 1 (1.52%) Jest
4 1 (1.52%) NestJS
4 1 (1.52%) Next.js
4 1 (1.52%) OpenAPI
4 1 (1.52%) RabbitMQ
4 1 (1.52%) Redux
4 1 (1.52%) REST
4 1 (1.52%) SailPoint
4 1 (1.52%) Swagger
Miscellaneous
1 7 (10.61%) Onboarding
2 6 (9.09%) Analytical Mindset
2 6 (9.09%) Credit Risk
2 6 (9.09%) Public Cloud
3 4 (6.06%) Data Centre
3 4 (6.06%) Enterprise Software
3 4 (6.06%) Mainframe
4 3 (4.55%) Management Information System
5 2 (3.03%) Product Ownership
5 2 (3.03%) Self-Motivation
6 1 (1.52%) Algorithms
6 1 (1.52%) Cyber Kill Chain
6 1 (1.52%) Data Structures
6 1 (1.52%) Insider Threat
6 1 (1.52%) Legacy Systems
6 1 (1.52%) Online Banking
6 1 (1.52%) Virtual Team
Operating Systems
1 5 (7.58%) Windows
2 4 (6.06%) Android
2 4 (6.06%) Apple iOS
3 3 (4.55%) Linux
4 2 (3.03%) Red Hat Enterprise Linux
4 2 (3.03%) Windows Server
5 1 (1.52%) AIX
5 1 (1.52%) Unix
5 1 (1.52%) zOS
Processes & Methodologies
1 14 (21.21%) Agile
1 14 (21.21%) Architectural Design
1 14 (21.21%) DevOps
2 12 (18.18%) Problem-Solving
2 12 (18.18%) Project Management
3 10 (15.15%) Business Strategy
3 10 (15.15%) Microservices
4 9 (13.64%) Architectural Patterns
5 8 (12.12%) Enterprise Architecture
5 8 (12.12%) Roadmaps
6 7 (10.61%) Stakeholder Management
6 7 (10.61%) Waterfall
7 6 (9.09%) Anti-Money Laundering
7 6 (9.09%) API Design
7 6 (9.09%) ETL
7 6 (9.09%) High Availability
7 6 (9.09%) IT Strategy
7 6 (9.09%) KYC
7 6 (9.09%) SDLC
7 6 (9.09%) Technology Strategy
Programming Languages
1 10 (15.15%) Java
2 9 (13.64%) Python
3 7 (10.61%) SQL
4 5 (7.58%) C
5 2 (3.03%) C#
5 2 (3.03%) R
6 1 (1.52%) ABAP
6 1 (1.52%) C++
6 1 (1.52%) JavaScript
6 1 (1.52%) Perl
6 1 (1.52%) PowerShell
6 1 (1.52%) Ruby
6 1 (1.52%) Search Processing Language
6 1 (1.52%) Shell Script
6 1 (1.52%) TypeScript
Qualifications
1 4 (6.06%) Degree
2 2 (3.03%) AWS Certification
2 2 (3.03%) AWS Certified Solutions Architect
3 1 (1.52%) AWS Certified Developer
3 1 (1.52%) AWS Certified DevOps Engineer
3 1 (1.52%) CBAP
3 1 (1.52%) ISEB
3 1 (1.52%) MCITP
3 1 (1.52%) MCTS
3 1 (1.52%) Microsoft Certification
3 1 (1.52%) TOGAF Certification
Quality Assurance & Compliance
1 4 (6.06%) QA
2 2 (3.03%) PMO
3 1 (1.52%) ISO/IEC 27001
3 1 (1.52%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
3 1 (1.52%) NIST
3 1 (1.52%) PCI DSS
3 1 (1.52%) PSD2
System Software
1 3 (4.55%) Active Directory
2 2 (3.03%) Docker
3 1 (1.52%) HDFS
Systems Management
1 10 (15.15%) Progress Chef
2 2 (3.03%) Kubernetes
3 1 (1.52%) Ansible
3 1 (1.52%) Hadoop YARN
3 1 (1.52%) Kibana
3 1 (1.52%) PowerBroker
Vendors
1 3 (4.55%) Microsoft
1 3 (4.55%) Splunk
2 2 (3.03%) Oracle
2 2 (3.03%) Salesforce
3 1 (1.52%) AppDynamics
3 1 (1.52%) Atlassian
3 1 (1.52%) Blue Coat
3 1 (1.52%) CheckPoint
3 1 (1.52%) Cisco
3 1 (1.52%) F5
3 1 (1.52%) Fortinet
3 1 (1.52%) Juniper
3 1 (1.52%) Qualys
3 1 (1.52%) Red Hat
3 1 (1.52%) Sage
3 1 (1.52%) SAP