Banking Analyst Contracts in the UK excluding London

Banking Analyst
UK > UK excluding London

The median Banking Analyst daily rate in the UK excluding London is £428, according to job vacancies posted in the 6 months leading up to 12 June 2024.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 389 426 470
Rank change year-on-year +37 +44 -37
Contract jobs requiring a Banking Analyst 12 4 34
As % of all contract jobs advertised in the UK excluding London 0.056% 0.018% 0.11%
As % of the Job Titles category 0.061% 0.019% 0.12%
Number of daily rates quoted 12 1 11
10th Percentile £333 - £305
25th Percentile £338 - £363
Median daily rate (50th Percentile) £428 £400 £450
Median % change year-on-year +7.00% -11.11% +12.50%
75th Percentile £541 - £488
90th Percentile £595 - £613
UK median daily rate £625 £575 £575
% change year-on-year +8.70% - +9.52%

All Contract IT Job Vacancies
UK excluding London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in the UK excluding London. 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 excluding London with a recognized job title 19,709 21,379 29,050
% of contract IT jobs with a recognized job title 92.42% 94.21% 95.59%
Number of daily rates quoted 11,751 14,853 20,421
10th Percentile £213 £225 £208
25th Percentile £363 £388 £375
Median daily rate (50th Percentile) £488 £500 £475
Median % change year-on-year -2.50% +5.26% +8.57%
75th Percentile £593 £600 £575
90th Percentile £680 £688 £656
UK median daily rate £525 £538 £525
% change year-on-year -2.42% +2.48% +6.06%
Number of hourly rates quoted 2,515 1,090 1,383
10th Percentile £12.63 £13.41 £12.50
25th Percentile £15.92 £18.08 £15.00
Median hourly rate £40.00 £42.08 £20.00
Median % change year-on-year -4.94% +110.39% +7.82%
75th Percentile £62.83 £65.00 £47.25
90th Percentile £74.00 £75.68 £62.45
UK median hourly rate £37.50 £45.00 £25.00
% change year-on-year -16.67% +80.00% +16.28%

Banking Analyst
Job Vacancy Trend in the UK excluding London

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

Job vacancy trend for Banking Analyst in the UK excluding London

Banking Analyst
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Banking Analyst in the UK excluding London.

Daily rate trend for Banking Analyst in the UK excluding London

Banking Analyst
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Banking Analyst in the UK excluding London over the 6 months to 12 June 2024.

Daily rate histogram for Banking Analyst in the UK excluding London

Banking Analyst
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Banking Analyst in the UK excluding London.

Hourly rate trend for Banking Analyst in the UK excluding London

Banking Analyst
Contract Job Locations in the UK excluding London

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 UK excluding London region over the 6 months to 12 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
Scotland +52 4 £335 -
East of England - 3 £500 -
North of England +18 2 £434 - 1
Midlands +17 2 £356 -11.00%
East Midlands +7 2 £356 -11.00%
North West - 2 £434 - 1
South East - 2 £433 -
Banking Analyst
UK

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in the UK excluding London

For the 6 months to 12 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 UK excluding London region featuring Banking Analyst in the job title.

1 12 (100.00%) Banking
2 6 (50.00%) Agile
2 6 (50.00%) Finance
3 5 (41.67%) SQL
4 4 (33.33%) Social Skills
5 3 (25.00%) Order to Cash
5 3 (25.00%) System Integration Testing
5 3 (25.00%) FIS
5 3 (25.00%) SAP S/4HANA
5 3 (25.00%) IDoc
5 3 (25.00%) Organisational Skills
5 3 (25.00%) SAP CO
5 3 (25.00%) SAP FI/CO
5 3 (25.00%) SAP
5 3 (25.00%) XML
5 3 (25.00%) B2B
5 3 (25.00%) Migration
5 3 (25.00%) ERP
5 3 (25.00%) SAP FI
5 3 (25.00%) Unit Testing
5 3 (25.00%) User Acceptance Testing
5 3 (25.00%) Cash Management
5 3 (25.00%) Procure-to-Pay
6 2 (16.67%) Confluence
6 2 (16.67%) Analytical Skills
6 2 (16.67%) Waterfall
6 2 (16.67%) NoSQL
6 2 (16.67%) R
6 2 (16.67%) Functional Testing
6 2 (16.67%) Use Case

Banking Analyst Skill Set
Co-occurring Skills and Capabilities in the UK excluding 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 (16.67%) Confluence
2 1 (8.33%) Appian
Business Applications
1 3 (25.00%) SAP CO
1 3 (25.00%) SAP FI
1 3 (25.00%) SAP FI/CO
1 3 (25.00%) SAP S/4HANA
Cloud Services
1 1 (8.33%) Power Platform
Database & Business Intelligence
1 2 (16.67%) NoSQL
1 2 (16.67%) RDBMS
1 2 (16.67%) Relational Database
2 1 (8.33%) Hadoop
2 1 (8.33%) Impala
2 1 (8.33%) Power BI
2 1 (8.33%) Tableau
Development Applications
1 2 (16.67%) JIRA
General
1 12 (100.00%) Banking
2 6 (50.00%) Finance
3 4 (33.33%) Social Skills
4 3 (25.00%) Organisational Skills
5 2 (16.67%) Analytical Skills
5 2 (16.67%) Investment Banking
6 1 (8.33%) Documentation Skills
6 1 (8.33%) French Language
6 1 (8.33%) Pharmaceutical
6 1 (8.33%) Retail Banking
Libraries, Frameworks & Software Standards
1 3 (25.00%) IDoc
1 3 (25.00%) XML
Miscellaneous
1 1 (8.33%) Analytical Mindset
1 1 (8.33%) Credit Risk
1 1 (8.33%) Product Ownership
1 1 (8.33%) Self-Motivation
Processes & Methodologies
1 6 (50.00%) Agile
2 3 (25.00%) B2B
2 3 (25.00%) Cash Management
2 3 (25.00%) ERP
2 3 (25.00%) Migration
2 3 (25.00%) Order to Cash
2 3 (25.00%) Procure-to-Pay
2 3 (25.00%) System Integration Testing
2 3 (25.00%) Unit Testing
2 3 (25.00%) User Acceptance Testing
3 2 (16.67%) Functional Testing
3 2 (16.67%) Project Management
3 2 (16.67%) Requirements Gathering
3 2 (16.67%) Scrum
3 2 (16.67%) Use Case
3 2 (16.67%) Waterfall
4 1 (8.33%) Analytics
4 1 (8.33%) Data Analytics
4 1 (8.33%) Stress Testing
4 1 (8.33%) User Stories
Programming Languages
1 5 (41.67%) SQL
2 2 (16.67%) Python
2 2 (16.67%) R
Quality Assurance & Compliance
1 1 (8.33%) PMO
1 1 (8.33%) QA
Vendors
1 3 (25.00%) FIS
1 3 (25.00%) SAP
2 2 (16.67%) Microsoft
3 1 (8.33%) Ariba
3 1 (8.33%) Salesforce
3 1 (8.33%) ServiceNow