Investment Banking Contracts with Work from Home Options

Investment Banking
UK > Work from Home

The table below looks at the prevalence of the term Investment Banking in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 2 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 133 159 199
Rank change year-on-year +26 +40 +83
Contract jobs citing Investment Banking 246 381 610
As % of all contract jobs with a WFH option 1.68% 1.57% 1.38%
As % of the General category 2.86% 2.68% 2.51%
Number of daily rates quoted 209 269 451
10th Percentile £525 £500 £500
25th Percentile £675 £613 £600
Median daily rate (50th Percentile) £800 £725 £700
Median % change year-on-year +10.34% +3.57% +7.69%
75th Percentile £888 £850 £800
90th Percentile - £975 £850
UK median daily rate £750 £700 £725
% change year-on-year +7.14% -3.45% +11.54%

All General Skills
Work from Home

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 with a WFH option and a requirement for common skills.

Contract vacancies with a requirement for common skills 8,615 14,219 24,287
As % of all contract jobs with a WFH option 58.83% 58.66% 54.92%
Number of daily rates quoted 5,648 10,044 17,734
10th Percentile £325 £363 £354
25th Percentile £425 £450 £438
Median daily rate (50th Percentile) £538 £550 £525
Median % change year-on-year -2.27% +4.76% +5.00%
75th Percentile £650 £675 £638
90th Percentile £775 £775 £743
UK median daily rate £525 £550 £540
% change year-on-year -4.55% +1.85% +8.00%
Number of hourly rates quoted 461 321 334
10th Percentile £14.00 £18.63 £13.58
25th Percentile £22.50 £25.71 £19.50
Median hourly rate £38.12 £50.00 £33.45
Median % change year-on-year -23.76% +49.48% +48.67%
75th Percentile £52.50 £67.50 £49.25
90th Percentile £72.50 £78.75 £65.29
UK median hourly rate £30.00 £32.40 £22.50
% change year-on-year -7.41% +44.00% +4.65%

Investment Banking
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Investment Banking as a proportion of all IT jobs advertised.

Investment Banking trend for jobs with a WFH option

Investment Banking
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Investment Banking.

Investment Banking daily rate for jobs with a WFH option

Investment Banking
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Investment Banking over the 6 months to 2 June 2024.

Investment Banking daily rate histogram for jobs with a WFH option

Investment Banking
Hourly Rate Trend for Jobs with a WFH Option

3-month moving average hourly rate quoted in job vacancies with a work from home option citing Investment Banking.

Investment Banking hourly rate for jobs with a WFH option

Investment Banking
Co-occurring Skills and Capabilities with WFH Options 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
1 103 (41.87%) Apache
2 96 (39.02%) Apache Airflow
3 3 (1.22%) CMS
3 3 (1.22%) Headless CMS
4 2 (0.81%) SharePoint
5 1 (0.41%) Apache Spark
5 1 (0.41%) GemFire
5 1 (0.41%) Oracle Coherence
5 1 (0.41%) Oracle Workflow
Applications
1 9 (3.66%) Microsoft Excel
2 3 (1.22%) Microsoft Office
2 3 (1.22%) Microsoft PowerPoint
3 1 (0.41%) Microsoft Project
Business Applications
1 3 (1.22%) Orchestrade
2 2 (0.81%) SAP S/4HANA
3 1 (0.41%) Loan IQ
3 1 (0.41%) SAP CO
3 1 (0.41%) SAP ERP
3 1 (0.41%) SAP FI
3 1 (0.41%) SAP FI/CO
Cloud Services
1 108 (43.90%) AWS
2 102 (41.46%) dbt
3 90 (36.59%) Snowflake
4 45 (18.29%) GCP
5 6 (2.44%) Power Platform
6 4 (1.63%) Amazon S3
6 4 (1.63%) Amazon SQS
6 4 (1.63%) Azure
7 2 (0.81%) Microsoft 365
8 1 (0.41%) Azure Cosmos DB
8 1 (0.41%) Azure DevOps
8 1 (0.41%) IaaS
Communications & Networking
1 1 (0.41%) Cisco Nexus
1 1 (0.41%) DHCP
1 1 (0.41%) DMZ
1 1 (0.41%) DNS
1 1 (0.41%) Firewall
1 1 (0.41%) VPN
Database & Business Intelligence
1 102 (41.46%) Apache Arrow
1 102 (41.46%) Dremio
2 96 (39.02%) Amazon Athena
2 96 (39.02%) Apache Ignite
2 96 (39.02%) Data Lake
3 6 (2.44%) Big Data
3 6 (2.44%) Power BI
3 6 (2.44%) Tableau
4 5 (2.03%) MySQL
4 5 (2.03%) NoSQL
5 4 (1.63%) SQL Server
6 3 (1.22%) Metadata
6 3 (1.22%) MongoDB
6 3 (1.22%) Relational Database
7 2 (0.81%) Data Warehouse
7 2 (0.81%) KDB
7 2 (0.81%) Oracle Database
7 2 (0.81%) RDBMS
8 1 (0.41%) Data Mart
8 1 (0.41%) Siebel EIM
Development Applications
1 8 (3.25%) Git
2 6 (2.44%) MLflow
3 5 (2.03%) JIRA
4 4 (1.63%) Jenkins
4 4 (1.63%) PHPUnit
4 4 (1.63%) Visual Studio
5 3 (1.22%) Maven
6 2 (0.81%) NUnit
6 2 (0.81%) Selenium
6 2 (0.81%) TeamCity
7 1 (0.41%) Artifactory
7 1 (0.41%) Bitbucket
7 1 (0.41%) Cucumber
7 1 (0.41%) ERwin
7 1 (0.41%) Log4Net
7 1 (0.41%) MSTest
7 1 (0.41%) Postman
7 1 (0.41%) SpecFlow
7 1 (0.41%) TestComplete
General
1 246 (100.00%) Banking
2 179 (72.76%) Finance
3 150 (60.98%) Front Office
4 34 (13.82%) Social Skills
5 21 (8.54%) Analytical Skills
6 17 (6.91%) Retail Banking
7 15 (6.10%) Retail
8 14 (5.69%) Corporate Banking
9 3 (1.22%) Financial Institution
9 3 (1.22%) Inclusion and Diversity
9 3 (1.22%) Public Sector
9 3 (1.22%) Public Speaking
10 2 (0.81%) Influencing Skills
10 2 (0.81%) Organisational Skills
10 2 (0.81%) Prime Brokerage
10 2 (0.81%) Synthetic Prime Brokerage
11 1 (0.41%) German Language
11 1 (0.41%) Marketing
11 1 (0.41%) Presentation Skills
11 1 (0.41%) Wholesale Banking
Job Titles
1 100 (40.65%) Developer
2 66 (26.83%) Software Engineer
3 55 (22.36%) Lead
4 51 (20.73%) Java Developer
5 43 (17.48%) Senior
6 40 (16.26%) Java Engineer
6 40 (16.26%) Java Software Engineer
6 40 (16.26%) Python Engineer
6 40 (16.26%) Python Software Engineer
7 38 (15.45%) Senior Software Engineer
8 36 (14.63%) AWS Engineer
8 36 (14.63%) AWS Software Engineer
9 30 (12.20%) Developer/Software Engineer
9 30 (12.20%) Software Developer
10 28 (11.38%) Lead Developer
10 28 (11.38%) Lead Software Developer
10 28 (11.38%) Lead Software Engineer
10 28 (11.38%) Software Team Leader
10 28 (11.38%) Team Leader
11 26 (10.57%) Senior Java Software Engineer
Libraries, Frameworks & Software Standards
1 97 (39.43%) Pandas
2 96 (39.02%) gRPC
2 96 (39.02%) NumPy
2 96 (39.02%) Protocol Buffers
2 96 (39.02%) SciPy
3 15 (6.10%) FIX Protocol
4 13 (5.28%) .NET
4 13 (5.28%) React
5 6 (2.44%) Spring
6 5 (2.03%) REST
6 5 (2.03%) WPF
7 4 (1.63%) AngularJS
7 4 (1.63%) CSS
7 4 (1.63%) HTML
7 4 (1.63%) Laravel
7 4 (1.63%) Spring Boot
7 4 (1.63%) Symfony
7 4 (1.63%) Yii
8 3 (1.22%) .NET Framework
8 3 (1.22%) JPA
Miscellaneous
1 132 (53.66%) Fixed Income
2 131 (53.25%) Derivative
3 113 (45.93%) Foreign Exchange (FX)
4 111 (45.12%) Equities
5 107 (43.50%) Hedge funds
6 16 (6.50%) Equity Derivative
7 14 (5.69%) Pricing Data
8 12 (4.88%) Product Ownership
9 7 (2.85%) Algorithms
10 6 (2.44%) Management Information System
11 4 (1.63%) Distributed Computing
12 3 (1.22%) Mobile App
13 2 (0.81%) Data Structures
13 2 (0.81%) Distributed Systems
13 2 (0.81%) Enterprise Software
13 2 (0.81%) Market Risk
13 2 (0.81%) Self-Motivation
13 2 (0.81%) SWIFT Messaging Network
14 1 (0.41%) Onboarding
14 1 (0.41%) Security Posture
Operating Systems
1 9 (3.66%) Windows
2 8 (3.25%) Linux
3 7 (2.85%) Unix
Processes & Methodologies
1 140 (56.91%) Agile
2 106 (43.09%) Asset Management
3 104 (42.28%) Software Engineering
4 86 (34.96%) Investment Management
5 39 (15.85%) Line Management
6 37 (15.04%) Greeks
7 24 (9.76%) Analytics
8 21 (8.54%) Problem-Solving
9 19 (7.72%) Electronic Trading
10 17 (6.91%) Test Automation
10 17 (6.91%) Wealth Management
11 13 (5.28%) Business Analysis
11 13 (5.28%) RAD
12 12 (4.88%) Algorithmic Trading
12 12 (4.88%) CI/CD
12 12 (4.88%) SDLC
13 11 (4.47%) Continuous Integration
14 10 (4.07%) Workflow
15 9 (3.66%) Computer Science
15 9 (3.66%) Data Modelling
Programming Languages
1 143 (58.13%) Java
2 136 (55.28%) Python
3 106 (43.09%) TypeScript
4 101 (41.06%) JavaScript
5 35 (14.23%) SQL
6 20 (8.13%) C#
7 14 (5.69%) C++
8 12 (4.88%) Scala
9 6 (2.44%) Ruby
9 6 (2.44%) VBA
10 5 (2.03%) Perl
10 5 (2.03%) PHP
11 4 (1.63%) Shell Script
12 3 (1.22%) PowerShell
12 3 (1.22%) R
13 2 (0.81%) F#
14 1 (0.41%) Jython
14 1 (0.41%) PL/SQL
Qualifications
1 18 (7.32%) Degree
2 6 (2.44%) Computer Science Degree
2 6 (2.44%) Master's Degree
3 5 (2.03%) Numerate Degree
4 2 (0.81%) PMP
4 2 (0.81%) SC Cleared
4 2 (0.81%) Security Cleared
4 2 (0.81%) Six Sigma Black Belt
4 2 (0.81%) Six Sigma Green Belt
5 1 (0.41%) APMP
5 1 (0.41%) ISTQB
5 1 (0.41%) PMI Certification
Quality Assurance & Compliance
1 44 (17.89%) Data Quality
2 11 (4.47%) QA
3 2 (0.81%) EMIR
3 2 (0.81%) MiFID
3 2 (0.81%) PMO
4 1 (0.41%) GRC
4 1 (0.41%) ISO/IEC 27001
4 1 (0.41%) SOC 2
System Software
1 5 (2.03%) Docker
2 1 (0.41%) Firmware
2 1 (0.41%) GridGain
Systems Management
1 2 (0.81%) Ansible
1 2 (0.81%) Kubernetes
2 1 (0.41%) Puppet
Vendors
1 7 (2.85%) Microsoft
2 6 (2.44%) Databricks
2 6 (2.44%) Oracle
3 2 (0.81%) Bloomberg
3 2 (0.81%) Citrix
3 2 (0.81%) ION Trading
3 2 (0.81%) Murex
3 2 (0.81%) Refinitiv
3 2 (0.81%) SAP
4 1 (0.41%) Avaloq
4 1 (0.41%) Blue Coat
4 1 (0.41%) Cadence
4 1 (0.41%) CheckPoint
4 1 (0.41%) Cisco
4 1 (0.41%) FIS
4 1 (0.41%) Fortinet
4 1 (0.41%) Juniper
4 1 (0.41%) Pega
4 1 (0.41%) Siebel
4 1 (0.41%) SmartStream