Banking Project Manager Contracts

Project Manager - Banking
UK

The median Project Manager - Banking daily rate in the UK is £550 according to job vacancies posted during the 6 months to 3 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
3 Jun 2024
Same period 2023 Same period 2022
Rank 558 619 721
Rank change year-on-year +61 +102 -83
Contract jobs requiring a Banking Project Manager 29 70 130
As % of all contract jobs advertised in the UK 0.068% 0.12% 0.15%
As % of the Job Titles category 0.073% 0.13% 0.15%
Number of daily rates quoted 21 31 58
10th Percentile £396 £456 £452
25th Percentile £406 £500 £513
Median daily rate (50th Percentile) £550 £550 £575
Median % change year-on-year - -4.35% +15.00%
75th Percentile £700 £621 £650
90th Percentile - £700 £732
UK excluding London median daily rate £435 £513 £525
% change year-on-year -15.12% -2.38% +38.16%

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 39,794 53,311 84,183
% of contract IT jobs with a recognized job title 92.84% 94.58% 95.35%
Number of daily rates quoted 25,730 37,248 59,348
10th Percentile £280 £313 £315
25th Percentile £408 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.64%
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% +9.20%
Number of hourly rates quoted 2,844 1,473 1,970
10th Percentile £12.83 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £37.50 £45.00 £24.46
Median % change year-on-year -16.67% +83.97% +12.51%
75th Percentile £61.60 £65.75 £49.37
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% +6.20%

Banking Project Manager
Job Vacancy Trend

Job postings that featured Banking Project Manager in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Banking Project Manager in the UK

Banking Project Manager
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Banking Project Manager.

Daily rate trend for Banking Project Manager in the UK

Banking Project Manager
Daily Rate Histogram

Daily rate distribution for jobs citing Banking Project Manager over the 6 months to 3 June 2024.

Daily rate histogram for Banking Project Manager in the UK

Banking Project Manager
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Banking Project Manager.

Hourly rate trend for Banking Project Manager in the UK

Banking Project Manager
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Project Manager within the UK over the 6 months to 3 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 +59 25 £575 -2.13% 1
London +66 19 £650 +8.33% 1
Work from Home +84 13 £493 -10.45%
UK excluding London +47 8 £435 -15.12%
North of England +23 2 £363 -34.09%
Yorkshire +11 2 £363 -34.09%
East of England - 2 £575 -
Northern Ireland - 2 £435 -
East Midlands - 1 £350 -
Midlands - 1 £350 -
South East - 1 £563 -

Banking Project Manager Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 3 June 2024, Banking Project Manager 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 Banking Project Manager in the job title.

1 29 (100.00%) Banking
2 22 (75.86%) Finance
3 12 (41.38%) Project Management
4 8 (27.59%) Agile
5 7 (24.14%) Social Skills
6 6 (20.69%) Problem-Solving
7 5 (17.24%) Roadmaps
7 5 (17.24%) SWIFT Messaging Network
8 4 (13.79%) User Acceptance Testing
8 4 (13.79%) Regulatory Compliance
8 4 (13.79%) Organisational Skills
8 4 (13.79%) Influencing Skills
8 4 (13.79%) Requirements Gathering
8 4 (13.79%) Data Mapping
8 4 (13.79%) Financial Institution
8 4 (13.79%) Risk Management
8 4 (13.79%) Migration
8 4 (13.79%) Calypso
9 3 (10.34%) PRINCE2
9 3 (10.34%) Stakeholder Management
9 3 (10.34%) Change Management
9 3 (10.34%) Retail Banking
9 3 (10.34%) Business Case
9 3 (10.34%) Project Delivery
9 3 (10.34%) ISO 20022
10 2 (6.90%) Process Improvement
10 2 (6.90%) Cloud Native
10 2 (6.90%) Time Management
10 2 (6.90%) Analytical Skills
10 2 (6.90%) Microservices

Banking Project Manager 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 1 (3.45%) Confluence
Applications
1 1 (3.45%) Microsoft Excel
1 1 (3.45%) Microsoft PowerPoint
1 1 (3.45%) Microsoft Project
Business Applications
1 2 (6.90%) Temenos T24
Cloud Services
1 1 (3.45%) Apple Pay
1 1 (3.45%) Asana
1 1 (3.45%) Azure
1 1 (3.45%) Google Pay
1 1 (3.45%) SaaS
Communications & Networking
1 1 (3.45%) RTP
Development Applications
1 2 (6.90%) JIRA
General
1 29 (100.00%) Banking
2 22 (75.86%) Finance
3 7 (24.14%) Social Skills
4 4 (13.79%) Financial Institution
4 4 (13.79%) Influencing Skills
4 4 (13.79%) Organisational Skills
5 3 (10.34%) Retail Banking
6 2 (6.90%) Analytical Skills
6 2 (6.90%) Back Office
7 1 (3.45%) Investment Banking
7 1 (3.45%) Retail
Miscellaneous
1 5 (17.24%) SWIFT Messaging Network
2 2 (6.90%) Cloud Native
2 2 (6.90%) Credit Risk
3 1 (3.45%) Data Centre
3 1 (3.45%) Mobile Banking
3 1 (3.45%) Self-Motivation
Processes & Methodologies
1 12 (41.38%) Project Management
2 8 (27.59%) Agile
3 6 (20.69%) Problem-Solving
4 5 (17.24%) Roadmaps
5 4 (13.79%) Data Mapping
5 4 (13.79%) Migration
5 4 (13.79%) Regulatory Compliance
5 4 (13.79%) Requirements Gathering
5 4 (13.79%) Risk Management
5 4 (13.79%) User Acceptance Testing
6 3 (10.34%) Business Case
6 3 (10.34%) Change Management
6 3 (10.34%) PRINCE2
6 3 (10.34%) Project Delivery
6 3 (10.34%) Stakeholder Management
7 2 (6.90%) Contract Negotiation
7 2 (6.90%) Customer Experience
7 2 (6.90%) Decision-Making
7 2 (6.90%) Microservices
7 2 (6.90%) Waterfall
Programming Languages
1 2 (6.90%) Python
1 2 (6.90%) SQL
Qualifications
1 2 (6.90%) Degree
1 2 (6.90%) PMI Certification
1 2 (6.90%) PMP
Quality Assurance & Compliance
1 3 (10.34%) ISO 20022
Vendors
1 4 (13.79%) Calypso
2 2 (6.90%) Temenos
3 1 (3.45%) Apple
3 1 (3.45%) Google
3 1 (3.45%) Microsoft