Banking Analyst Contracts in England

Banking Analyst
UK > England

The median Banking Analyst daily rate in England is £625 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 426 451 548
Rank change year-on-year +25 +97 -46
Contract jobs requiring a Banking Analyst 116 191 251
As % of all contract jobs advertised in England 0.31% 0.40% 0.36%
As % of the Job Titles category 0.34% 0.42% 0.37%
Number of daily rates quoted 79 139 153
10th Percentile £361 £375 £457
25th Percentile £500 £522 £500
Median daily rate (50th Percentile) £625 £585 £600
Median % change year-on-year +6.84% -2.50% +9.09%
75th Percentile £700 £700 £706
90th Percentile £850 £775 £760
UK median daily rate £625 £575 £575
% change year-on-year +8.70% - +15.00%

All Contract IT Job Vacancies
England

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. 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 England with a recognized job title 34,255 45,148 67,437
% of contract IT jobs with a recognized job title 92.76% 94.56% 95.41%
Number of daily rates quoted 22,555 32,138 48,275
10th Percentile £285 £313 £313
25th Percentile £413 £425 £425
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +6.00%
75th Percentile £638 £663 £650
90th Percentile £750 £763 £750
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +7.69%
Number of hourly rates quoted 2,585 1,311 1,778
10th Percentile £12.86 £14.25 £12.54
25th Percentile £16.30 £20.00 £15.75
Median hourly rate £37.75 £45.00 £23.91
Median % change year-on-year -16.11% +88.21% +11.47%
75th Percentile £62.00 £65.38 £49.25
90th Percentile £74.00 £77.50 £65.00
UK median hourly rate £37.50 £45.00 £25.00
% change year-on-year -16.67% +80.00% +14.34%

Banking Analyst
Job Vacancy Trend in England

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

Job vacancy trend for Banking Analyst in England

Banking Analyst
Contractor Daily Rate Trend in England

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

Daily rate trend for Banking Analyst in England

Banking Analyst
Daily Rate Histogram in England

Daily rate distribution for jobs citing Banking Analyst in England over the 6 months to 2 June 2024.

Daily rate histogram for Banking Analyst in England

Banking Analyst
Contractor Hourly Rate Trend in England

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

Hourly rate trend for Banking Analyst in England

Banking Analyst
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Analyst within the England region 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
London +23 106 £625 +5.49% 7
North of England +31 3 £434 - 1
East of England - 3 £500 -
Midlands +25 2 £356 -11.00%
East Midlands +10 2 £356 -11.00%
North West - 2 £434 - 1
South East - 2 £433 -
Yorkshire +21 1 - -
Banking Analyst
UK

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in England

For the 6 months to 2 June 2024, Banking 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 across the England region featuring Banking Analyst in the job title.

1 116 (100.00%) Banking
2 93 (80.17%) Finance
3 34 (29.31%) SQL
4 32 (27.59%) Change Management
5 30 (25.86%) Python
6 29 (25.00%) Front Office
7 27 (23.28%) Social Skills
8 26 (22.41%) Derivative
8 26 (22.41%) Investment Banking
9 24 (20.69%) Back Office
10 21 (18.10%) Investment Management
10 21 (18.10%) Hedge funds
10 21 (18.10%) Asset Management
11 20 (17.24%) Service Management
12 18 (15.52%) C#
12 18 (15.52%) Mentoring
13 14 (12.07%) Business Analysis
14 13 (11.21%) Agile
14 13 (11.21%) Foreign Exchange (FX)
15 12 (10.34%) GAP Analysis
15 12 (10.34%) ITSM
15 12 (10.34%) Stakeholder Management
15 12 (10.34%) Data Analysis
15 12 (10.34%) Analytical Skills
16 11 (9.48%) Microsoft Excel
17 10 (8.62%) ITIL
18 8 (6.90%) Analytics
18 8 (6.90%) Power BI
18 8 (6.90%) DevOps
18 8 (6.90%) Microsoft PowerPoint

Banking Analyst Skill Set
Co-occurring Skills and Capabilities in England 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 3 (2.59%) Apache
2 2 (1.72%) Apache Spark
2 2 (1.72%) Confluence
3 1 (0.86%) Appian
Applications
1 11 (9.48%) Microsoft Excel
2 8 (6.90%) Microsoft PowerPoint
3 2 (1.72%) Microsoft Office
3 2 (1.72%) MS Visio
Business Applications
1 4 (3.45%) Oracle Subledger Accounting
2 3 (2.59%) SAP CO
2 3 (2.59%) SAP FI
2 3 (2.59%) SAP FI/CO
2 3 (2.59%) SAP S/4HANA
3 1 (0.86%) FLEXCUBE
3 1 (0.86%) Oracle Assets
3 1 (0.86%) Oracle EBS
3 1 (0.86%) Oracle EBS R12
3 1 (0.86%) Oracle Financials
3 1 (0.86%) Oracle General Ledger
3 1 (0.86%) Oracle Payables
3 1 (0.86%) Remedy ITSM
Cloud Services
1 8 (6.90%) Power Platform
2 4 (3.45%) AWS
3 3 (2.59%) dbt
4 2 (1.72%) Azure
5 1 (0.86%) OCI
5 1 (0.86%) Power Automate
5 1 (0.86%) PowerApps
Database & Business Intelligence
1 8 (6.90%) Power BI
2 6 (5.17%) Tableau
3 5 (4.31%) Big Data
4 3 (2.59%) Apache Arrow
4 3 (2.59%) Data Lake
4 3 (2.59%) Dremio
4 3 (2.59%) Hadoop
4 3 (2.59%) Impala
5 2 (1.72%) Apache Hive
5 2 (1.72%) SQL Server
6 1 (0.86%) Data Mining
6 1 (0.86%) Data Warehouse
6 1 (0.86%) Oracle Reports
Development Applications
1 5 (4.31%) JIRA
2 1 (0.86%) Git
General
1 116 (100.00%) Banking
2 93 (80.17%) Finance
3 29 (25.00%) Front Office
4 27 (23.28%) Social Skills
5 26 (22.41%) Investment Banking
6 24 (20.69%) Back Office
7 12 (10.34%) Analytical Skills
8 7 (6.03%) Corporate Banking
9 6 (5.17%) General Ledger
10 5 (4.31%) Organisational Skills
10 5 (4.31%) Retail Banking
11 3 (2.59%) Financial Institution
12 2 (1.72%) Inclusion and Diversity
12 2 (1.72%) Presentation Skills
13 1 (0.86%) Documentation Skills
13 1 (0.86%) French Language
13 1 (0.86%) Influencing Skills
13 1 (0.86%) Legal
13 1 (0.86%) Pharmaceutical
13 1 (0.86%) Prime Brokerage
Libraries, Frameworks & Software Standards
1 3 (2.59%) IDoc
1 3 (2.59%) XML
Miscellaneous
1 26 (22.41%) Derivative
2 21 (18.10%) Hedge funds
3 13 (11.21%) Foreign Exchange (FX)
4 8 (6.90%) Product Ownership
5 6 (5.17%) SWIFT Messaging Network
6 5 (4.31%) Equities
6 5 (4.31%) Management Information System
7 4 (3.45%) Fixed Income
8 3 (2.59%) Credit Risk
8 3 (2.59%) Greenfield Project
8 3 (2.59%) Reference Data
9 2 (1.72%) Analytical Mindset
10 1 (0.86%) CMDB
10 1 (0.86%) Equity Derivative
10 1 (0.86%) Market Risk
10 1 (0.86%) Mobile App
10 1 (0.86%) OTC Derivatives
10 1 (0.86%) Self-Motivation
10 1 (0.86%) Synthetic Equity
10 1 (0.86%) Virtual Team
Processes & Methodologies
1 32 (27.59%) Change Management
2 21 (18.10%) Asset Management
2 21 (18.10%) Investment Management
3 20 (17.24%) Service Management
4 18 (15.52%) Mentoring
5 14 (12.07%) Business Analysis
6 13 (11.21%) Agile
7 12 (10.34%) Data Analysis
7 12 (10.34%) GAP Analysis
7 12 (10.34%) ITSM
7 12 (10.34%) Stakeholder Management
8 10 (8.62%) ITIL
9 8 (6.90%) Analytics
9 8 (6.90%) DevOps
9 8 (6.90%) Site Reliability Engineering
10 6 (5.17%) Business Intelligence
10 6 (5.17%) Problem-Solving
10 6 (5.17%) Risk Management
10 6 (5.17%) User Acceptance Testing
10 6 (5.17%) User Stories
Programming Languages
1 34 (29.31%) SQL
2 30 (25.86%) Python
3 18 (15.52%) C#
4 3 (2.59%) R
5 2 (1.72%) Java
5 2 (1.72%) VBA
6 1 (0.86%) C++
6 1 (0.86%) PL/SQL
Qualifications
1 7 (6.03%) Degree
2 4 (3.45%) SC Cleared
2 4 (3.45%) Security Cleared
3 1 (0.86%) ITIL Certification
3 1 (0.86%) ITIL Foundation Certificate
3 1 (0.86%) Master's Degree
3 1 (0.86%) MBA
3 1 (0.86%) Six Sigma Black Belt
3 1 (0.86%) Six Sigma Green Belt
3 1 (0.86%) Tableau Certification
Quality Assurance & Compliance
1 8 (6.90%) PMO
2 5 (4.31%) GAAP
3 4 (3.45%) EMIR
3 4 (3.45%) SEPA
4 3 (2.59%) SLA
5 2 (1.72%) QA
6 1 (0.86%) Basel II
6 1 (0.86%) Basel III
6 1 (0.86%) Data Quality
6 1 (0.86%) MiFID
Vendors
1 6 (5.17%) Oracle
2 5 (4.31%) Bloomberg
2 5 (4.31%) Microsoft
3 4 (3.45%) ServiceNow
4 3 (2.59%) FIS
4 3 (2.59%) GoldenSource
4 3 (2.59%) Salesforce
4 3 (2.59%) SAP
5 2 (1.72%) Alteryx
5 2 (1.72%) Calypso
5 2 (1.72%) Murex
5 2 (1.72%) Refinitiv
6 1 (0.86%) Ariba
6 1 (0.86%) BMC
6 1 (0.86%) Remedy