Private Banking Contracts

Private Banking
UK

The table below looks at the prevalence of the term Private Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Private Banking over the 6 months to 3 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
3 Jun 2024
Same period 2023 Same period 2022
Rank 574 671 820
Rank change year-on-year +97 +149 -126
Contract jobs citing Private Banking 13 18 31
As % of all contract jobs advertised in the UK 0.030% 0.032% 0.035%
As % of the General category 0.053% 0.055% 0.062%
Number of daily rates quoted 9 17 23
10th Percentile £350 £503 £448
25th Percentile £420 £575 £586
Median daily rate (50th Percentile) £488 £650 £650
Median % change year-on-year -25.00% - -
75th Percentile £619 £738 £714
90th Percentile £702 £788 £829
UK excluding London median daily rate - - £450
% change year-on-year - - -7.69%

All General Skills
UK

Private 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 requirement for common skills.

Contract vacancies with a requirement for common skills 24,614 33,000 50,188
As % of all contract IT jobs advertised in the UK 57.43% 58.55% 56.85%
Number of daily rates quoted 15,454 22,896 34,907
10th Percentile £274 £313 £325
25th Percentile £413 £438 £431
Median daily rate (50th Percentile) £525 £550 £540
Median % change year-on-year -4.55% +1.85% +8.00%
75th Percentile £650 £675 £650
90th Percentile £764 £775 £750
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +7.95%
Number of hourly rates quoted 1,977 984 1,401
10th Percentile £12.78 £13.41 £12.50
25th Percentile £15.50 £17.50 £15.00
Median hourly rate £30.16 £32.40 £22.50
Median % change year-on-year -6.91% +44.00% +5.88%
75th Percentile £52.50 £61.25 £47.00
90th Percentile £67.38 £72.50 £59.00
UK excluding London median hourly rate £28.50 £28.07 £19.50
% change year-on-year +1.53% +43.95% +2.63%

Private Banking
Job Vacancy Trend

Job postings citing Private Banking as a proportion of all IT jobs advertised.

Job vacancy trend for Private Banking in the UK

Private Banking
Contractor Daily Rate Trend

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

Daily rate trend for Private Banking in the UK

Private Banking
Daily Rate Histogram

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

Daily rate histogram for Private Banking in the UK

Private Banking
Contractor Hourly Rate Trend

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

Hourly rate trend for Private Banking in the UK

Private Banking
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Private Banking 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
London +95 13 £488 -25.00% 16
England +88 13 £488 -25.00% 16
Work from Home +115 4 £482 -19.75% 2

Private Banking
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 (38.46%) MQSeries
Applications
1 1 (7.69%) Microsoft Office
Business Applications
1 1 (7.69%) Dynamics CRM
Communications & Networking
1 2 (15.38%) ATM
General
1 13 (100.00%) Banking
2 10 (76.92%) Finance
3 4 (30.77%) Social Skills
4 2 (15.38%) Corporate Banking
4 2 (15.38%) Retail
5 1 (7.69%) Front Office
Job Titles
1 5 (38.46%) Developer
1 5 (38.46%) RPG Developer
2 3 (23.08%) AS400 Developer
3 2 (15.38%) Agile Coach
3 2 (15.38%) Architect
3 2 (15.38%) Project Manager
3 2 (15.38%) Solutions Architect
3 2 (15.38%) Transformation Programme Architect
4 1 (7.69%) Analyst
4 1 (7.69%) Business Analyst
4 1 (7.69%) IT Manager
4 1 (7.69%) IT Project Manager
4 1 (7.69%) Product Analyst
4 1 (7.69%) Product Business Analyst
4 1 (7.69%) Product Owner
4 1 (7.69%) Senior Manager
4 1 (7.69%) Senior Vendor Manager
4 1 (7.69%) Technical Manager
4 1 (7.69%) Technical Project Manager
4 1 (7.69%) Vendor Manager
Libraries, Frameworks & Software Standards
1 5 (38.46%) XML
2 2 (15.38%) Middleware
Miscellaneous
1 5 (38.46%) AS400
1 5 (38.46%) iSeries
2 3 (23.08%) Product Ownership
3 2 (15.38%) SWIFT Messaging Network
4 1 (7.69%) Hedge funds
4 1 (7.69%) Onboarding
Processes & Methodologies
1 5 (38.46%) Agile
1 5 (38.46%) Portfolio Management
2 4 (30.77%) Stakeholder Management
2 4 (30.77%) Wealth Management
3 3 (23.08%) Change Control
3 3 (23.08%) Fintech
3 3 (23.08%) Project Delivery
4 2 (15.38%) Agile Coaching
4 2 (15.38%) Anti-Money Laundering
4 2 (15.38%) Business Case
4 2 (15.38%) Coaching
4 2 (15.38%) Community of Practice
4 2 (15.38%) Matrix Management
4 2 (15.38%) Matrix Organization
4 2 (15.38%) Microservices
4 2 (15.38%) Scrum
4 2 (15.38%) SDLC
4 2 (15.38%) Stakeholder Engagement
4 2 (15.38%) Target Operating Model
4 2 (15.38%) Waterfall
Programming Languages
1 5 (38.46%) RPG
2 4 (30.77%) SQL
3 3 (23.08%) Java
System Software
1 1 (7.69%) Virtual Machines
Systems Management
1 3 (23.08%) Control-M
Vendors
1 5 (38.46%) IBM
2 2 (15.38%) Microsoft
3 1 (7.69%) Cisco
3 1 (7.69%) EMC
3 1 (7.69%) Meraki