Financial Institution Contracts in Central London

Financial Institution
London > Central London

The table below looks at the prevalence of the term Financial Institution in contract job vacancies in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Financial Institution over the 6 months leading up to 13 June 2024, comparing them to the same period in the previous two years.

6 months to
13 Jun 2024
Same period 2023 Same period 2022
Rank 93 101 58
Rank change year-on-year +8 -43 +69
Contract jobs citing Financial Institution 44 77 189
As % of all contract jobs advertised in Central London 1.82% 2.10% 4.25%
As % of the General category 2.74% 3.36% 7.41%
Number of daily rates quoted 32 54 72
10th Percentile £195 £500 £245
25th Percentile £550 £616 £289
Median daily rate (50th Percentile) £670 £713 £325
Median % change year-on-year -5.96% +119.23% -45.83%
75th Percentile £775 £799 £550
90th Percentile £823 £838 £643
London median daily rate £620 £600 £600
% change year-on-year +3.33% - -

All General Skills
Central London

Financial Institution falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in Central London.

Contract vacancies with a requirement for common skills 1,608 2,290 2,552
As % of all contract IT jobs advertised in Central London 66.47% 62.41% 57.41%
Number of daily rates quoted 1,120 1,610 1,856
10th Percentile £331 £324 £339
25th Percentile £445 £475 £463
Median daily rate (50th Percentile) £558 £606 £564
Median % change year-on-year -7.92% +7.49% +2.55%
75th Percentile £688 £738 £688
90th Percentile £800 £825 £788
London median daily rate £575 £600 £580
% change year-on-year -4.17% +3.45% +7.41%
Number of hourly rates quoted 12 15 33
10th Percentile £19.95 £14.25 £18.50
25th Percentile £20.22 £14.88 £21.25
Median hourly rate £25.18 £20.71 £41.50
Median % change year-on-year +21.61% -50.11% +107.50%
75th Percentile £35.69 £38.66 £51.75
90th Percentile £49.60 £53.35 £62.35
London median hourly rate £30.16 £30.00 £35.50
% change year-on-year +0.53% -15.49% +22.41%

Financial Institution
Job Vacancy Trend in Central London

Job postings citing Financial Institution as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Financial Institution in Central London

Financial Institution
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Financial Institution in Central London.

Daily rate trend for Financial Institution in Central London

Financial Institution
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Financial Institution in Central London over the 6 months to 13 June 2024.

Daily rate histogram for Financial Institution in Central London

Financial Institution
Contractor Hourly Rate Trend in Central London

3-month moving average hourly rates quoted in jobs citing Financial Institution in Central London.

Hourly rate trend for Financial Institution in Central London

Financial Institution
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Institution within the Central London region over the 6 months to 13 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
City of London +9 43 £670 -7.59% 16
Financial Institution
London

Financial Institution
Co-occurring Skills and Capabilities in Central London 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 2 (4.55%) SharePoint
Applications
1 6 (13.64%) Microsoft Office
2 2 (4.55%) Microsoft Excel
3 1 (2.27%) Adobe After Effects
3 1 (2.27%) Adobe Creative Suite
Business Applications
1 1 (2.27%) Distributed Ledger
Cloud Services
1 12 (27.27%) Azure
2 10 (22.73%) Microsoft 365
3 6 (13.64%) Azure Key Vault
3 6 (13.64%) Entra ID
3 6 (13.64%) Power Automate
3 6 (13.64%) Power Platform
3 6 (13.64%) PowerApps
4 2 (4.55%) Cloud Computing
5 1 (2.27%) Azure DevOps
Communications & Networking
1 1 (2.27%) Internet
Database & Business Intelligence
1 6 (13.64%) Power BI
2 2 (4.55%) KNIME
3 1 (2.27%) MS Access
3 1 (2.27%) RDBMS
3 1 (2.27%) Relational Database
Development Applications
1 1 (2.27%) Artifactory
1 1 (2.27%) Bitbucket
1 1 (2.27%) Cucumber
1 1 (2.27%) Jenkins
1 1 (2.27%) JIRA
1 1 (2.27%) Selenium
1 1 (2.27%) TeamCity
General
1 44 (100.00%) Finance
2 15 (34.09%) Banking
3 6 (13.64%) International Banking
4 5 (11.36%) Advertising
4 5 (11.36%) Analytical Skills
4 5 (11.36%) Social Skills
5 2 (4.55%) Investment Banking
6 1 (2.27%) Front Office
6 1 (2.27%) Marketing
Job Titles
1 12 (27.27%) Architect
2 8 (18.18%) Analyst
3 6 (13.64%) Business Analyst
3 6 (13.64%) Platform Architect
3 6 (13.64%) Power Platform Architect
4 5 (11.36%) Regulatory Business Analyst
4 5 (11.36%) Security Architect
5 4 (9.09%) Azure Architect
5 4 (9.09%) Project Manager
5 4 (9.09%) Support Engineer
5 4 (9.09%) Systems Architect
6 3 (6.82%) IT Engineer
6 3 (6.82%) IT Support
6 3 (6.82%) IT Support Engineer
6 3 (6.82%) Senior
7 2 (4.55%) Data Analyst
7 2 (4.55%) Developer
7 2 (4.55%) IT Manager
7 2 (4.55%) IT Project Manager
7 2 (4.55%) Lead
Libraries, Frameworks & Software Standards
1 6 (13.64%) JSON
1 6 (13.64%) Microsoft Graph
1 6 (13.64%) REST
1 6 (13.64%) XML
2 2 (4.55%) SailPoint
3 1 (2.27%) Middleware
Miscellaneous
1 4 (9.09%) PKI
1 4 (9.09%) Security Posture
2 2 (4.55%) Credit Risk
2 2 (4.55%) Product Ownership
3 1 (2.27%) Algorithms
3 1 (2.27%) Blockchain
3 1 (2.27%) CBDC
3 1 (2.27%) Cyberattack
3 1 (2.27%) Derivative
3 1 (2.27%) Distributed Denial-of-Service
3 1 (2.27%) Graphic Design
3 1 (2.27%) IoT
3 1 (2.27%) Legacy Systems
3 1 (2.27%) Management Information System
3 1 (2.27%) Onboarding
3 1 (2.27%) OTC Derivatives
3 1 (2.27%) Security Operations Centre
3 1 (2.27%) SWIFT Messaging Network
3 1 (2.27%) Web3
Operating Systems
1 4 (9.09%) Windows
2 3 (6.82%) Windows 7
3 1 (2.27%) Unix
3 1 (2.27%) Windows 10
Processes & Methodologies
1 12 (27.27%) Cybersecurity
2 9 (20.45%) Risk Management
3 8 (18.18%) Business Intelligence
3 8 (18.18%) CI/CD
4 7 (15.91%) Regulatory Compliance
5 6 (13.64%) Network Virtualisation
5 6 (13.64%) XML Parsing
6 5 (11.36%) Impact Assessments
6 5 (11.36%) Incident Management
6 5 (11.36%) Project Management
7 4 (9.09%) Agile
7 4 (9.09%) Computer Science
7 4 (9.09%) Data Loss Prevention
7 4 (9.09%) GAP Analysis
7 4 (9.09%) Network Architecture
7 4 (9.09%) Process Improvement
7 4 (9.09%) Resilience Testing
7 4 (9.09%) Zero Trust
8 3 (6.82%) Generative AI
8 3 (6.82%) LLM
Programming Languages
1 7 (15.91%) Python
2 6 (13.64%) PowerShell
3 4 (9.09%) C#
3 4 (9.09%) Java
4 3 (6.82%) Clojure
4 3 (6.82%) Haskell
4 3 (6.82%) Rust
5 2 (4.55%) Go
5 2 (4.55%) SQL
5 2 (4.55%) VBA
6 1 (2.27%) C++
6 1 (2.27%) JavaScript
6 1 (2.27%) R
6 1 (2.27%) VB
Qualifications
1 2 (4.55%) CISA
1 2 (4.55%) CRISC
1 2 (4.55%) Degree
2 1 (2.27%) (ISC)2 CCSP
2 1 (2.27%) CCSP
2 1 (2.27%) CEH
2 1 (2.27%) Cisco Certification
2 1 (2.27%) CISSP
2 1 (2.27%) Computer Science Degree
2 1 (2.27%) Microsoft Certification
2 1 (2.27%) PMP
2 1 (2.27%) SC Cleared
2 1 (2.27%) Security Cleared
2 1 (2.27%) TOGAF Certification
Quality Assurance & Compliance
1 3 (6.82%) ISO/IEC 27001
1 3 (6.82%) QA
2 2 (4.55%) Accessibility
2 2 (4.55%) Basel III
2 2 (4.55%) NIST
3 1 (2.27%) Cyber Essentials
3 1 (2.27%) GRC
3 1 (2.27%) ISAE 3402
3 1 (2.27%) PCI DSS
3 1 (2.27%) PMO
3 1 (2.27%) SLA
System Software
1 7 (15.91%) Active Directory
2 6 (13.64%) Virtual Machines
Systems Management
1 3 (6.82%) Kubernetes
2 1 (2.27%) Ansible
2 1 (2.27%) Microsoft Intune
2 1 (2.27%) Terraform
Vendors
1 16 (36.36%) Microsoft
2 3 (6.82%) ServiceNow
3 1 (2.27%) Adobe
3 1 (2.27%) Atlassian
3 1 (2.27%) Calypso
3 1 (2.27%) HP
3 1 (2.27%) Snow