Online Banking Contracts

Online Banking (Internet Banking)
UK

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

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 569 673 810
Rank change year-on-year +104 +137 -110
Contract jobs citing Online Banking 10 11 31
As % of all contract jobs advertised in the UK 0.023% 0.020% 0.035%
As % of the Miscellaneous category 0.077% 0.059% 0.11%
Number of daily rates quoted 6 10 13
10th Percentile £409 £495 -
25th Percentile £472 £500 £450
Median daily rate (50th Percentile) £500 £625 £525
Median % change year-on-year -20.00% +19.05% +27.27%
75th Percentile £575 £700 £675
90th Percentile £600 £838 £863
UK excluding London median daily rate £500 - £450
% change year-on-year - - +9.09%

All Generic Skills
UK

Online Banking is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 12,955 18,790 29,113
As % of all contract IT jobs advertised in the UK 30.06% 33.33% 33.16%
Number of daily rates quoted 8,316 12,953 20,440
10th Percentile £270 £313 £315
25th Percentile £413 £450 £440
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.18% - +10.00%
75th Percentile £663 £678 £663
90th Percentile £800 £800 £775
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +11.43%
Number of hourly rates quoted 923 610 691
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.20 £10.63 £17.34
Median hourly rate £35.00 £22.00 £26.98
Median % change year-on-year +59.09% -18.46% +5.80%
75th Percentile £61.30 £60.00 £50.00
90th Percentile £71.25 £75.00 £65.75
UK excluding London median hourly rate £35.00 £21.88 £21.30
% change year-on-year +60.00% +2.70% -7.39%

Online Banking
Job Vacancy Trend

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

Job vacancy trend for Online Banking in the UK

Online Banking
Contractor Daily Rate Trend

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

Daily rate trend for Online Banking in the UK

Online Banking
Daily Rate Histogram

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

Daily rate histogram for Online Banking in the UK

Online Banking
Contractor Hourly Rate Trend

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

Hourly rate trend for Online Banking in the UK

Online Banking
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Online Banking within the UK 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
England +95 8 £500 -20.00% 5
Work from Home +108 5 £500 -16.67% 4
London +94 4 £600 -4.00% 4
UK excluding London +52 4 £500 - 1
East Midlands - 1 £475 -
Midlands - 1 £475 -

Online 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 3 (30.00%) Oracle Workflow
2 2 (20.00%) Confluence
3 1 (10.00%) Cloud Foundry
Business Applications
1 3 (30.00%) Oracle Assets
1 3 (30.00%) Oracle EBS
1 3 (30.00%) Oracle EBS R12
1 3 (30.00%) Oracle FAH
1 3 (30.00%) Oracle Financials
1 3 (30.00%) Oracle General Ledger
1 3 (30.00%) Oracle Payables
1 3 (30.00%) Oracle Receivables
Cloud Services
1 2 (20.00%) Figma
2 1 (10.00%) Azure
2 1 (10.00%) Azure DevOps
Communications & Networking
1 3 (30.00%) PuTTY
2 1 (10.00%) Internet
Database & Business Intelligence
1 1 (10.00%) NoSQL
Development Applications
1 3 (30.00%) Toad
2 2 (20.00%) JIRA
General
1 10 (100.00%) Banking
2 4 (40.00%) Finance
3 2 (20.00%) Retail Banking
Job Titles
1 5 (50.00%) Analyst
2 3 (30.00%) Business Analyst
2 3 (30.00%) Developer
3 2 (20.00%) Banking Analyst
3 2 (20.00%) Banking Business Analyst
3 2 (20.00%) Commercial Analyst
3 2 (20.00%) Commercial Business Analyst
3 2 (20.00%) Finance Systems Analyst
3 2 (20.00%) Financial Analyst
3 2 (20.00%) Oracle Analyst
3 2 (20.00%) Oracle Financials Analyst
3 2 (20.00%) React Developer
3 2 (20.00%) Systems Analyst
3 2 (20.00%) UX Developer
4 1 (10.00%) Digital Analyst
4 1 (10.00%) Digital Business Analyst
4 1 (10.00%) Full Stack Developer
4 1 (10.00%) Junior Banking Business Analyst
4 1 (10.00%) Senior
4 1 (10.00%) Senior Full Stack Developer
Libraries, Frameworks & Software Standards
1 3 (30.00%) React
2 2 (20.00%) CSS
2 2 (20.00%) HTML
2 2 (20.00%) React Native
2 2 (20.00%) REST
3 1 (10.00%) Apollo GraphQL
3 1 (10.00%) GraphQL
3 1 (10.00%) Jest
3 1 (10.00%) JWT
3 1 (10.00%) NestJS
3 1 (10.00%) Next.js
3 1 (10.00%) Node.js
3 1 (10.00%) OAuth
3 1 (10.00%) OAuth2
3 1 (10.00%) Redux
3 1 (10.00%) SAML
Miscellaneous
1 3 (30.00%) Product Ownership
2 2 (20.00%) Management Information System
2 2 (20.00%) Mobile Banking
3 1 (10.00%) PKI
Operating Systems
1 3 (30.00%) Unix
Processes & Methodologies
1 5 (50.00%) Agile
1 5 (50.00%) Workflow
2 3 (30.00%) Continuous Improvement
2 3 (30.00%) Data Migration
2 3 (30.00%) Data Reconciliation
2 3 (30.00%) Data Security
2 3 (30.00%) Digital Banking
2 3 (30.00%) ERP
2 3 (30.00%) Functional Testing
2 3 (30.00%) Migration
2 3 (30.00%) Non-Functional Testing
2 3 (30.00%) Performance Tuning
2 3 (30.00%) Scaled Agile Framework
2 3 (30.00%) Stakeholder Management
3 2 (20.00%) Acceptance Criteria
3 2 (20.00%) Epics
3 2 (20.00%) Interaction Design
3 2 (20.00%) Microinteractions
3 2 (20.00%) User-Centered Design (UCD)
3 2 (20.00%) Workshop Facilitation
Programming Languages
1 3 (30.00%) JavaScript
1 3 (30.00%) PL/SQL
1 3 (30.00%) SQL
2 1 (10.00%) TypeScript
Qualifications
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 1 (10.00%) QA
System Software
1 1 (10.00%) Docker
Systems Management
1 1 (10.00%) Kubernetes
1 1 (10.00%) Single Sign-On
Vendors
1 3 (30.00%) Microgen
1 3 (30.00%) Oracle
2 1 (10.00%) ForgeRock