Private Banking Contracts

Private Banking
UK

The table below looks at the prevalence of the term Private Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Private Banking over the 6 months to 18 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 557 670 811
Rank change year-on-year +113 +141 -121
Contract jobs citing Private Banking 14 17 33
As % of all contract jobs advertised in the UK 0.033% 0.030% 0.038%
As % of the General category 0.057% 0.051% 0.067%
Number of daily rates quoted 10 16 24
10th Percentile £350 £550 £453
25th Percentile £431 £594 £561
Median daily rate (50th Percentile) £544 £666 £638
Median % change year-on-year -18.36% +4.47% -3.77%
75th Percentile £619 £747 £714
90th Percentile £697 £788 £822
UK excluding London median daily rate - - £450
% change year-on-year - - -5.26%

All General Skills
UK

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

Contract vacancies with a requirement for common skills 24,687 33,324 49,490
As % of all contract IT jobs advertised in the UK 57.98% 58.52% 56.53%
Number of daily rates quoted 15,577 23,107 34,304
10th Percentile £275 £313 £320
25th Percentile £413 £443 £425
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £650 £675 £650
90th Percentile £775 £775 £750
UK excluding London median daily rate £496 £500 £475
% change year-on-year -0.80% +5.26% +8.94%
Number of hourly rates quoted 1,927 1,007 1,407
10th Percentile £12.75 £13.41 £12.50
25th Percentile £15.41 £17.74 £15.00
Median hourly rate £30.00 £32.50 £22.50
Median % change year-on-year -7.69% +44.44% -
75th Percentile £52.50 £61.25 £47.50
90th Percentile £66.45 £72.50 £60.00
UK excluding London median hourly rate £28.00 £29.00 £19.00
% change year-on-year -3.45% +52.63% -2.56%

Private Banking
Job Vacancy Trend

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

Job vacancy trend for Private Banking in the UK

Private Banking
Contractor Daily Rate Trend

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

Daily rate trend for Private Banking in the UK

Private Banking
Daily Rate Histogram

Daily rate distribution for jobs citing Private Banking over the 6 months to 18 May 2024.

Daily rate histogram for Private Banking in the UK

Private Banking
Contractor Hourly Rate Trend

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

Hourly rate trend for Private Banking in the UK

Private Banking
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Private Banking within the UK over the 6 months to 18 May 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 +107 14 £544 -16.35% 12
London +97 14 £544 -16.35% 12
Work from Home +102 4 £482 -19.75% 1

Private 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 5 (35.71%) MQSeries
Applications
1 1 (7.14%) Microsoft Office
Business Applications
1 1 (7.14%) Dynamics CRM
Cloud Services
1 1 (7.14%) Apple Pay
1 1 (7.14%) Google Pay
Communications & Networking
1 2 (14.29%) ATM
General
1 14 (100.00%) Banking
2 11 (78.57%) Finance
3 4 (28.57%) Social Skills
4 3 (21.43%) Retail
5 2 (14.29%) Corporate Banking
6 1 (7.14%) Front Office
Job Titles
1 5 (35.71%) Developer
1 5 (35.71%) RPG Developer
2 3 (21.43%) AS400 Developer
2 3 (21.43%) Project Manager
3 2 (14.29%) Agile Coach
3 2 (14.29%) Architect
3 2 (14.29%) Solutions Architect
3 2 (14.29%) Transformation Programme Architect
4 1 (7.14%) Agile Project Manager
4 1 (7.14%) Banking Project Manager
4 1 (7.14%) IT Project Manager
4 1 (7.14%) Payments Project Manager
4 1 (7.14%) Product Analyst
4 1 (7.14%) Product Business Analyst
4 1 (7.14%) Product Owner
4 1 (7.14%) Senior
4 1 (7.14%) Senior Manager
4 1 (7.14%) Senior Vendor Manager
4 1 (7.14%) Technical Manager
4 1 (7.14%) Vendor Manager
Libraries, Frameworks & Software Standards
1 5 (35.71%) XML
2 2 (14.29%) Middleware
Miscellaneous
1 5 (35.71%) AS400
1 5 (35.71%) iSeries
2 3 (21.43%) Product Ownership
3 2 (14.29%) SWIFT Messaging Network
4 1 (7.14%) Hedge funds
4 1 (7.14%) Onboarding
Processes & Methodologies
1 6 (42.86%) Agile
2 5 (35.71%) Portfolio Management
3 4 (28.57%) Stakeholder Management
3 4 (28.57%) Wealth Management
4 3 (21.43%) Business Case
4 3 (21.43%) Change Control
4 3 (21.43%) Fintech
4 3 (21.43%) Project Delivery
4 3 (21.43%) Scrum
4 3 (21.43%) SDLC
4 3 (21.43%) Stakeholder Engagement
5 2 (14.29%) Agile Coaching
5 2 (14.29%) Anti-Money Laundering
5 2 (14.29%) Coaching
5 2 (14.29%) Community of Practice
5 2 (14.29%) Matrix Management
5 2 (14.29%) Matrix Organization
5 2 (14.29%) Microservices
5 2 (14.29%) Target Operating Model
5 2 (14.29%) Waterfall
Programming Languages
1 5 (35.71%) RPG
2 4 (28.57%) SQL
3 3 (21.43%) Java
Qualifications
1 1 (7.14%) Degree
1 1 (7.14%) PMI Certification
1 1 (7.14%) PMP
System Software
1 1 (7.14%) Virtual Machines
Systems Management
1 3 (21.43%) Control-M
Vendors
1 5 (35.71%) IBM
2 2 (14.29%) Microsoft
3 1 (7.14%) Apple
3 1 (7.14%) Cisco
3 1 (7.14%) EMC
3 1 (7.14%) Google
3 1 (7.14%) Meraki