Financial Business Analyst Contracts

Business Analyst - Financial
UK

The median Business Analyst - Financial daily rate in the UK is £550 according to job vacancies posted during the 6 months to 2 June 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 539 608 679
Rank change year-on-year +69 +71 -4
Contract jobs requiring a Financial Business Analyst 40 76 162
As % of all contract jobs advertised in the UK 0.093% 0.13% 0.18%
As % of the Job Titles category 0.100% 0.14% 0.19%
Number of daily rates quoted 31 62 112
10th Percentile £425 £413 £401
25th Percentile £519 £463 £463
Median daily rate (50th Percentile) £550 £525 £575
Median % change year-on-year +4.76% -8.70% +39.39%
75th Percentile £656 £597 £638
90th Percentile £750 £675 £675
UK excluding London median daily rate £575 £538 £525
% change year-on-year +6.98% +2.38% +14.75%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,001 53,325 83,708
% of contract IT jobs with a recognized job title 92.83% 94.58% 95.35%
Number of daily rates quoted 25,880 37,256 59,003
10th Percentile £280 £313 £315
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +9.45%
Number of hourly rates quoted 2,851 1,473 1,957
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +14.34%
75th Percentile £61.60 £65.75 £49.41
90th Percentile £73.75 £76.45 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Financial Business Analyst
Job Vacancy Trend

Job postings that featured Financial Business Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Financial Business Analyst in the UK

Financial Business Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Financial Business Analyst.

Daily rate trend for Financial Business Analyst in the UK

Financial Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Financial Business Analyst over the 6 months to 2 June 2024.

Daily rate histogram for Financial Business Analyst in the UK

Financial Business Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Financial Business Analyst.

Hourly rate trend for Financial Business Analyst in the UK

Financial Business Analyst
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Business Analyst within the UK over the 6 months to 2 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
England +65 37 £575 +9.52% 2
London +75 34 £550 +4.76% 1
Work from Home +96 21 £575 +11.65%
UK excluding London +42 3 £575 +6.98% 1
North of England +29 2 £575 +18.62%
North West - 2 £575 -
South East - 1 - -

Financial Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 2 June 2024, Financial Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Financial Business Analyst in the job title.

1 40 (100.00%) Finance
2 18 (45.00%) Banking
3 11 (27.50%) Social Skills
4 10 (25.00%) Business Analysis
4 10 (25.00%) Requirements Gathering
5 9 (22.50%) GAP Analysis
6 8 (20.00%) Migration
7 7 (17.50%) Stakeholder Management
8 6 (15.00%) Data Migration
8 6 (15.00%) User Stories
8 6 (15.00%) Data Management
8 6 (15.00%) User Acceptance Testing
9 5 (12.50%) QA
9 5 (12.50%) Validation
9 5 (12.50%) SharePoint
9 5 (12.50%) Data Quality
9 5 (12.50%) Root Cause Analysis
10 4 (10.00%) Wealth Management
10 4 (10.00%) Oracle
10 4 (10.00%) Agile
11 3 (7.50%) Asset Management
11 3 (7.50%) Project Management
11 3 (7.50%) Oracle Financials
11 3 (7.50%) Workshop Facilitation
11 3 (7.50%) Waterfall
12 2 (5.00%) SaaS
12 2 (5.00%) Oracle EBS R12
12 2 (5.00%) EMIR
12 2 (5.00%) Procure-to-Pay
12 2 (5.00%) Oracle Procure-to-Pay

Financial Business Analyst Skill Set
Co-occurring Skills and Capabilities 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 5 (12.50%) SharePoint
2 1 (2.50%) Confluence
Business Applications
1 3 (7.50%) Oracle Financials
2 2 (5.00%) Oracle EBS R12
2 2 (5.00%) Oracle Procure-to-Pay
3 1 (2.50%) Oracle Cash Management
3 1 (2.50%) Oracle EBS
3 1 (2.50%) Oracle General Ledger
3 1 (2.50%) Oracle Payables
3 1 (2.50%) Oracle Receivables
Cloud Services
1 2 (5.00%) SaaS
2 1 (2.50%) Collibra
2 1 (2.50%) OCI
Database & Business Intelligence
1 1 (2.50%) Tableau
Development Applications
1 1 (2.50%) JIRA
General
1 40 (100.00%) Finance
2 18 (45.00%) Banking
3 11 (27.50%) Social Skills
4 2 (5.00%) Influencing Skills
4 2 (5.00%) Investment Banking
4 2 (5.00%) Retail
5 1 (2.50%) Marketing
Libraries, Frameworks & Software Standards
1 1 (2.50%) Oracle Fusion
Miscellaneous
1 2 (5.00%) Greenfield Project
1 2 (5.00%) Onboarding
2 1 (2.50%) Reference Data
Processes & Methodologies
1 10 (25.00%) Business Analysis
1 10 (25.00%) Requirements Gathering
2 9 (22.50%) GAP Analysis
3 8 (20.00%) Migration
4 7 (17.50%) Stakeholder Management
5 6 (15.00%) Data Management
5 6 (15.00%) Data Migration
5 6 (15.00%) User Acceptance Testing
5 6 (15.00%) User Stories
6 5 (12.50%) Root Cause Analysis
6 5 (12.50%) Validation
7 4 (10.00%) Agile
7 4 (10.00%) Wealth Management
8 3 (7.50%) Asset Management
8 3 (7.50%) Project Management
8 3 (7.50%) Waterfall
8 3 (7.50%) Workshop Facilitation
9 2 (5.00%) Business Case
9 2 (5.00%) Procure-to-Pay
9 2 (5.00%) Project Delivery
Programming Languages
1 1 (2.50%) Python
1 1 (2.50%) SQL
Qualifications
1 2 (5.00%) BPSS Clearance
1 2 (5.00%) Degree
2 1 (2.50%) Oracle Certification
2 1 (2.50%) Security Cleared
Quality Assurance & Compliance
1 5 (12.50%) Data Quality
1 5 (12.50%) QA
2 2 (5.00%) EMIR
2 2 (5.00%) MiFID
3 1 (2.50%) PMO
Vendors
1 4 (10.00%) Oracle
2 2 (5.00%) Bloomberg
2 2 (5.00%) Refinitiv
3 1 (2.50%) Salesforce