Banking Analyst Contracts with Work from Home Options

Banking Analyst
UK > Work from Home

The median Banking Analyst daily rate for remote or hybrid work is £625, 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 272 390 505
Rank change year-on-year +118 +115 -57
Contract jobs requiring a Banking Analyst 69 67 118
As % of all contract jobs with a WFH option 0.47% 0.28% 0.27%
As % of the Job Titles category 0.50% 0.29% 0.28%
Number of daily rates quoted 38 27 80
10th Percentile £333 £345 £400
25th Percentile £459 £463 £484
Median daily rate (50th Percentile) £625 £500 £550
Median % change year-on-year +25.00% -9.09% +18.92%
75th Percentile £825 £663 £600
90th Percentile £850 £700 £688
UK median daily rate £625 £575 £575
% change year-on-year +8.70% - +9.52%

All Contract IT Job Vacancies
Work from Home

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies with WFH or hybrid options. 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 Work from Home with a recognized job title 13,801 22,740 41,944
% of contract IT jobs with a recognized job title 93.53% 95.25% 95.63%
Number of daily rates quoted 9,306 16,147 30,496
10th Percentile £325 £360 £358
25th Percentile £425 £445 £431
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.33% +2.38% +7.14%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK median daily rate £525 £538 £525
% change year-on-year -2.42% +2.48% +6.06%
Number of hourly rates quoted 566 528 563
10th Percentile £14.27 £16.98 £14.05
25th Percentile £22.59 £25.00 £19.96
Median hourly rate £43.50 £50.00 £40.00
Median % change year-on-year -13.00% +25.00% +70.21%
75th Percentile £63.56 £66.05 £59.50
90th Percentile £75.00 £76.15 £69.75
UK median hourly rate £37.50 £45.00 £25.00
% change year-on-year -16.67% +80.00% +16.28%

Banking Analyst
Trend for Jobs with a WFH Option

Job vacancies with a work from home option which featured Banking Analyst in the job title as a proportion of all IT jobs advertised.

Banking Analyst trend for jobs with a WFH option

Banking Analyst
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Banking Analyst.

Banking Analyst daily rate for jobs with a WFH option

Banking Analyst
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Banking Analyst over the 6 months to 12 June 2024.

Banking Analyst daily rate histogram for jobs with a WFH option

Banking Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in Job Vacancies with WFH Options

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 jobs with a WFH option featuring Banking Analyst in the job title.

1 69 (100.00%) Banking
2 62 (89.86%) Finance
3 29 (42.03%) Change Management
4 25 (36.23%) SQL
5 21 (30.43%) Python
5 21 (30.43%) Service Management
6 20 (28.99%) Front Office
7 19 (27.54%) Derivative
8 18 (26.09%) Investment Management
8 18 (26.09%) Hedge funds
8 18 (26.09%) Asset Management
9 14 (20.29%) Mentoring
9 14 (20.29%) Agile
9 14 (20.29%) Back Office
9 14 (20.29%) C#
10 13 (18.84%) ITIL
10 13 (18.84%) GAP Analysis
10 13 (18.84%) DevOps
10 13 (18.84%) Site Reliability Engineering
11 12 (17.39%) ITSM
12 9 (13.04%) Investment Banking
13 8 (11.59%) Power BI
13 8 (11.59%) Power Platform
13 8 (11.59%) Product Ownership
14 7 (10.14%) Data Analysis
15 6 (8.70%) Business Analysis
15 6 (8.70%) Tableau
15 6 (8.70%) Analytics
16 5 (7.25%) Foreign Exchange (FX)
16 5 (7.25%) Microsoft Excel

Banking Analyst Skill Set
Co-occurring Skills and Capabilities with WFH Options 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 4 (5.80%) Apache
2 3 (4.35%) Confluence
3 1 (1.45%) Appian
Applications
1 5 (7.25%) Microsoft Excel
2 4 (5.80%) Microsoft PowerPoint
3 2 (2.90%) MS Visio
Cloud Services
1 8 (11.59%) Power Platform
2 4 (5.80%) AWS
2 4 (5.80%) dbt
3 1 (1.45%) Power Automate
3 1 (1.45%) PowerApps
Database & Business Intelligence
1 8 (11.59%) Power BI
2 6 (8.70%) Tableau
3 4 (5.80%) Apache Arrow
3 4 (5.80%) Big Data
3 4 (5.80%) Data Lake
3 4 (5.80%) Dremio
4 2 (2.90%) NoSQL
4 2 (2.90%) RDBMS
4 2 (2.90%) Relational Database
4 2 (2.90%) SQL Server
5 1 (1.45%) Hadoop
5 1 (1.45%) Impala
Development Applications
1 3 (4.35%) JIRA
General
1 69 (100.00%) Banking
2 62 (89.86%) Finance
3 20 (28.99%) Front Office
4 14 (20.29%) Back Office
5 9 (13.04%) Investment Banking
6 4 (5.80%) Social Skills
7 3 (4.35%) Analytical Skills
8 2 (2.90%) Retail Banking
9 1 (1.45%) Financial Institution
9 1 (1.45%) French Language
9 1 (1.45%) Presentation Skills
Miscellaneous
1 19 (27.54%) Derivative
2 18 (26.09%) Hedge funds
3 8 (11.59%) Product Ownership
4 5 (7.25%) Foreign Exchange (FX)
5 4 (5.80%) Equities
5 4 (5.80%) Fixed Income
6 2 (2.90%) Credit Risk
6 2 (2.90%) Online Banking
7 1 (1.45%) Analytical Mindset
7 1 (1.45%) Management Information System
7 1 (1.45%) Mobile App
7 1 (1.45%) Self-Motivation
7 1 (1.45%) SWIFT Messaging Network
Processes & Methodologies
1 29 (42.03%) Change Management
2 21 (30.43%) Service Management
3 18 (26.09%) Asset Management
3 18 (26.09%) Investment Management
4 14 (20.29%) Agile
4 14 (20.29%) Mentoring
5 13 (18.84%) DevOps
5 13 (18.84%) GAP Analysis
5 13 (18.84%) ITIL
5 13 (18.84%) Site Reliability Engineering
6 12 (17.39%) ITSM
7 7 (10.14%) Data Analysis
8 6 (8.70%) Analytics
8 6 (8.70%) Business Analysis
9 5 (7.25%) Stakeholder Management
10 4 (5.80%) Business Intelligence
10 4 (5.80%) Data Mapping
10 4 (5.80%) Use Case
10 4 (5.80%) Visualisation
11 3 (4.35%) User Stories
Programming Languages
1 25 (36.23%) SQL
2 21 (30.43%) Python
3 14 (20.29%) C#
4 3 (4.35%) R
5 1 (1.45%) PL/SQL
5 1 (1.45%) VBA
Qualifications
1 3 (4.35%) Degree
2 1 (1.45%) SC Cleared
2 1 (1.45%) Security Cleared
2 1 (1.45%) Six Sigma Black Belt
2 1 (1.45%) Six Sigma Green Belt
2 1 (1.45%) Tableau Certification
Quality Assurance & Compliance
1 3 (4.35%) QA
2 2 (2.90%) PMO
Vendors
1 3 (4.35%) Microsoft
1 3 (4.35%) ServiceNow
2 2 (2.90%) Murex
2 2 (2.90%) Salesforce
3 1 (1.45%) Calypso