Investment Banking Contracts in London

Investment Banking
England > London

The table below looks at the prevalence of the term Investment Banking in contract job vacancies in London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Investment Banking over the 6 months leading up to 11 June 2024, comparing them to the same period in the previous two years.

6 months to
11 Jun 2024
Same period 2023 Same period 2022
Rank 72 54 58
Rank change year-on-year -18 +4 +8
Contract jobs citing Investment Banking 557 1,091 1,712
As % of all contract jobs advertised in London 3.15% 4.34% 4.45%
As % of the General category 5.03% 6.84% 7.29%
Number of daily rates quoted 448 821 1,273
10th Percentile £500 £513 £540
25th Percentile £600 £588 £625
Median daily rate (50th Percentile) £763 £700 £725
Median % change year-on-year +8.93% -3.45% +11.54%
75th Percentile £875 £820 £825
90th Percentile £888 £950 £888
England median daily rate £750 £700 £725
% change year-on-year +7.14% -3.45% +11.54%
Number of hourly rates quoted 0 0 4
10th Percentile - - -
25th Percentile - - £26.00
Median hourly rate - - £43.00
75th Percentile - - £68.69
90th Percentile - - £79.83
England median hourly rate £19.50 £70.00 £43.00
% change year-on-year -72.14% +62.79% +156.72%

All General Skills
London

Investment Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in London.

Contract vacancies with a requirement for common skills 11,074 15,940 23,474
As % of all contract IT jobs advertised in London 62.65% 63.38% 60.96%
Number of daily rates quoted 7,915 11,632 17,093
10th Percentile £335 £375 £388
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £575 £600 £580
Median % change year-on-year -4.17% +3.45% +7.41%
75th Percentile £700 £725 £700
90th Percentile £825 £825 £800
England median daily rate £533 £550 £550
% change year-on-year -3.09% - +10.00%
Number of hourly rates quoted 240 200 275
10th Percentile £15.95 £16.12 £18.50
25th Percentile £18.25 £21.18 £25.68
Median hourly rate £30.14 £30.00 £35.50
Median % change year-on-year +0.47% -15.49% +22.41%
75th Percentile £47.81 £52.75 £49.25
90th Percentile £66.20 £70.00 £65.35
England median hourly rate £31.50 £30.54 £22.50
% change year-on-year +3.14% +35.73% +7.14%

Investment Banking
Job Vacancy Trend in London

Job postings citing Investment Banking as a proportion of all IT jobs advertised in London.

Job vacancy trend for Investment Banking in London

Investment Banking
Contractor Daily Rate Trend in London

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

Daily rate trend for Investment Banking in London

Investment Banking
Daily Rate Histogram in London

Daily rate distribution for jobs citing Investment Banking in London over the 6 months to 11 June 2024.

Daily rate histogram for Investment Banking in London

Investment Banking
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Investment Banking in London

Investment Banking
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Investment Banking within the London region over the 6 months to 11 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
Central London -6 78 £694 -0.89% 22
South London -2 2 £575 +12.20%
East London -4 2 £540 +0.47% 6
Investment Banking
England

Investment Banking
Co-occurring Skills and Capabilities in 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
1 147 (26.39%) Apache
2 137 (24.60%) Apache Airflow
3 7 (1.26%) Apache Spark
4 5 (0.90%) Microsoft Exchange
5 4 (0.72%) Confluence
5 4 (0.72%) SharePoint
6 3 (0.54%) CMS
6 3 (0.54%) Headless CMS
6 3 (0.54%) nginx
7 2 (0.36%) Adobe Experience Manager
7 2 (0.36%) IIS
8 1 (0.18%) GemFire
8 1 (0.18%) Oracle Coherence
Applications
1 14 (2.51%) Microsoft Excel
2 5 (0.90%) Microsoft PowerPoint
3 4 (0.72%) Microsoft Office
4 2 (0.36%) Spreadsheet
5 1 (0.18%) InVision
5 1 (0.18%) Sketch
Business Applications
1 12 (2.15%) Aladdin
2 11 (1.97%) ION Anvil
3 8 (1.44%) ION MarketView
4 3 (0.54%) IntelliMatch
4 3 (0.54%) Orchestrade
5 2 (0.36%) Fidessa
5 2 (0.36%) SAP S/4HANA
6 1 (0.18%) Misys Opics
6 1 (0.18%) SAP CO
6 1 (0.18%) SAP ERP
6 1 (0.18%) SAP FI
6 1 (0.18%) SAP FI/CO
Cloud Services
1 180 (32.32%) AWS
2 145 (26.03%) dbt
3 127 (22.80%) Snowflake
4 87 (15.62%) GCP
5 47 (8.44%) Azure
6 20 (3.59%) Power Platform
7 12 (2.15%) Azure DevOps
8 9 (1.62%) Amazon EC2
9 8 (1.44%) Amazon ECS
9 8 (1.44%) Amazon EKS
10 6 (1.08%) Azure AKS
10 6 (1.08%) npm
10 6 (1.08%) Yarn
11 5 (0.90%) Azure Key Vault
11 5 (0.90%) Dynamics 365
11 5 (0.90%) Power Automate
12 4 (0.72%) Azure App Service
12 4 (0.72%) Azure Event Grid
12 4 (0.72%) Azure Service Bus
12 4 (0.72%) Cloud Run
Communications & Networking
1 6 (1.08%) SSH
2 4 (0.72%) FIX Connectivity
2 4 (0.72%) Internet
3 3 (0.54%) AMQP
3 3 (0.54%) Firewall
4 1 (0.18%) Cisco Nexus
4 1 (0.18%) DMZ
4 1 (0.18%) TCP/IP
4 1 (0.18%) VPN
Database & Business Intelligence
1 145 (26.03%) Apache Arrow
1 145 (26.03%) Dremio
2 137 (24.60%) Amazon Athena
2 137 (24.60%) Apache Ignite
3 136 (24.42%) Data Lake
4 32 (5.75%) SQL Server
5 28 (5.03%) Relational Database
6 19 (3.41%) Big Data
7 15 (2.69%) Power BI
8 11 (1.97%) KDB
8 11 (1.97%) NoSQL
9 9 (1.62%) Tableau
10 8 (1.44%) MongoDB
11 5 (0.90%) Azure SQL Database
11 5 (0.90%) Hadoop
11 5 (0.90%) MySQL
11 5 (0.90%) SQL Server Reporting Services
12 4 (0.72%) BigQuery
12 4 (0.72%) Oracle Database
13 3 (0.54%) Impala
Development Applications
1 27 (4.85%) Git
2 23 (4.13%) JIRA
3 17 (3.05%) Jenkins
4 16 (2.87%) TeamCity
5 12 (2.15%) Cucumber
6 9 (1.62%) Visual Studio
7 7 (1.26%) Bitbucket
8 6 (1.08%) JUnit
8 6 (1.08%) Maven
8 6 (1.08%) Selenium
9 5 (0.90%) MLflow
9 5 (0.90%) SpecFlow
10 4 (0.72%) Cypress.io
10 4 (0.72%) PHPUnit
11 3 (0.54%) Mocha
11 3 (0.54%) NUnit
11 3 (0.54%) Octopus Deploy
11 3 (0.54%) webpack
12 2 (0.36%) GitLab
12 2 (0.36%) Visual Studio Code
General
1 557 (100.00%) Banking
2 348 (62.48%) Finance
3 248 (44.52%) Front Office
4 96 (17.24%) Social Skills
5 49 (8.80%) Analytical Skills
6 27 (4.85%) Retail
7 26 (4.67%) Retail Banking
8 24 (4.31%) Corporate Banking
9 10 (1.80%) Wholesale Banking
10 7 (1.26%) Back Office
11 5 (0.90%) Presentation Skills
12 4 (0.72%) Financial Institution
12 4 (0.72%) Inclusion and Diversity
12 4 (0.72%) Legal
12 4 (0.72%) Organisational Skills
13 2 (0.36%) French Language
13 2 (0.36%) Prime Brokerage
13 2 (0.36%) Public Sector
13 2 (0.36%) Public Speaking
14 1 (0.18%) Synthetic Prime Brokerage
Job Titles
1 200 (35.91%) Developer
2 108 (19.39%) Analyst
3 87 (15.62%) Software Engineer
4 85 (15.26%) Senior
5 76 (13.64%) Java Developer
6 75 (13.46%) Lead
7 70 (12.57%) Business Analyst
8 55 (9.87%) Java Engineer
9 54 (9.69%) Python Engineer
10 51 (9.16%) AWS Engineer
10 51 (9.16%) Python Software Engineer
11 50 (8.98%) Architect
11 50 (8.98%) Java Software Engineer
12 49 (8.80%) AWS Software Engineer
13 44 (7.90%) Senior Software Engineer
14 43 (7.72%) Software Developer
14 43 (7.72%) Solutions Architect
15 41 (7.36%) Developer/Software Engineer
16 40 (7.18%) Lead Developer
17 39 (7.00%) Python Developer
Libraries, Frameworks & Software Standards
1 139 (24.96%) gRPC
2 136 (24.42%) NumPy
2 136 (24.42%) Pandas
2 136 (24.42%) Protocol Buffers
2 136 (24.42%) SciPy
3 51 (9.16%) .NET
4 35 (6.28%) React
5 33 (5.92%) FIX Protocol
6 18 (3.23%) Spring
7 15 (2.69%) HTML
8 14 (2.51%) CSS
8 14 (2.51%) WPF
9 13 (2.33%) AngularJS
9 13 (2.33%) Kafka
9 13 (2.33%) REST
10 12 (2.15%) PySpark
11 11 (1.97%) .NET Framework
12 10 (1.80%) .NET Core
12 10 (1.80%) HTML5
12 10 (1.80%) XML
Miscellaneous
1 214 (38.42%) Derivative
2 211 (37.88%) Fixed Income
3 190 (34.11%) Foreign Exchange (FX)
4 185 (33.21%) Equities
5 163 (29.26%) Hedge funds
6 38 (6.82%) Product Ownership
7 19 (3.41%) Equity Derivative
8 16 (2.87%) Pricing Data
9 14 (2.51%) Algorithms
10 13 (2.33%) Market Risk
11 11 (1.97%) Credit Risk
12 8 (1.44%) Distributed Computing
12 8 (1.44%) Enterprise Software
12 8 (1.44%) Management Information System
12 8 (1.44%) OTC Derivatives
13 6 (1.08%) Linux Command Line
14 5 (0.90%) Data Structures
14 5 (0.90%) Greenfield Project
14 5 (0.90%) Public Cloud
14 5 (0.90%) Self-Motivation
Operating Systems
1 46 (8.26%) Linux
2 42 (7.54%) Windows
3 37 (6.64%) Unix
4 2 (0.36%) Windows 10
5 1 (0.18%) Android
5 1 (0.18%) Apple iOS
5 1 (0.18%) Red Hat Enterprise Linux
5 1 (0.18%) VMS
Processes & Methodologies
1 256 (45.96%) Agile
2 175 (31.42%) Asset Management
3 161 (28.90%) Software Engineering
4 124 (22.26%) Investment Management
5 71 (12.75%) Line Management
6 60 (10.77%) DevOps
7 55 (9.87%) Problem-Solving
8 44 (7.90%) Greeks
9 42 (7.54%) Wealth Management
10 41 (7.36%) Test Automation
11 40 (7.18%) Analytics
12 36 (6.46%) Electronic Trading
13 34 (6.10%) SDLC
14 31 (5.57%) Migration
14 31 (5.57%) Scrum
14 31 (5.57%) Stakeholder Management
15 30 (5.39%) Microservices
16 29 (5.21%) Business Analysis
17 27 (4.85%) CI/CD
18 26 (4.67%) Risk Management
Programming Languages
1 243 (43.63%) Python
2 232 (41.65%) Java
3 157 (28.19%) TypeScript
4 155 (27.83%) JavaScript
5 137 (24.60%) SQL
6 79 (14.18%) C#
7 30 (5.39%) C++
8 23 (4.13%) PowerShell
9 21 (3.77%) Scala
10 11 (1.97%) T-SQL
11 9 (1.62%) Perl
11 9 (1.62%) VBA
12 7 (1.26%) Bash
12 7 (1.26%) Shell Script
13 6 (1.08%) PHP
13 6 (1.08%) R
13 6 (1.08%) Ruby
14 3 (0.54%) Data Analysis Expressions
14 3 (0.54%) Kotlin
14 3 (0.54%) PL/SQL
Qualifications
1 36 (6.46%) Degree
2 12 (2.15%) Computer Science Degree
3 9 (1.62%) Numerate Degree
4 6 (1.08%) Master's Degree
5 4 (0.72%) PMP
6 3 (0.54%) CISM
6 3 (0.54%) CISSP
7 2 (0.36%) SC Cleared
7 2 (0.36%) Security Cleared
7 2 (0.36%) Six Sigma Black Belt
7 2 (0.36%) Six Sigma Green Belt
8 1 (0.18%) PMI Certification
Quality Assurance & Compliance
1 55 (9.87%) Data Quality
2 25 (4.49%) QA
3 14 (2.51%) EMIR
4 10 (1.80%) MiFID
5 7 (1.26%) PMO
5 7 (1.26%) SLA
6 4 (0.72%) ISO/IEC 27001
7 3 (0.54%) Cyber Essentials
7 3 (0.54%) Dodd-Frank
8 2 (0.36%) SEPA
9 1 (0.18%) Basel II
9 1 (0.18%) Basel III
9 1 (0.18%) GAAP
9 1 (0.18%) GRC
9 1 (0.18%) ISO 9001
9 1 (0.18%) NIST
System Software
1 19 (3.41%) Docker
2 12 (2.15%) Active Directory
3 1 (0.18%) Cronacle
3 1 (0.18%) GridGain
3 1 (0.18%) HDFS
Systems Management
1 18 (3.23%) Kubernetes
2 11 (1.97%) Grafana
3 10 (1.80%) Terraform
4 9 (1.62%) Ansible
5 8 (1.44%) ITRS Geneos
6 4 (0.72%) Prometheus
6 4 (0.72%) Puppet
7 1 (0.18%) Argo
7 1 (0.18%) Control-M
7 1 (0.18%) CSIRT
7 1 (0.18%) Kibana
7 1 (0.18%) Netcool
7 1 (0.18%) PowerBroker
Vendors
1 35 (6.28%) Bloomberg
2 24 (4.31%) Microsoft
3 14 (2.51%) ION Trading
4 12 (2.15%) BISAM
4 12 (2.15%) Oracle
5 10 (1.80%) Databricks
6 8 (1.44%) Reuters
7 6 (1.08%) Dynatrace
8 5 (0.90%) Citrix
8 5 (0.90%) IBM
8 5 (0.90%) Murex
8 5 (0.90%) Refinitiv
9 4 (0.72%) Alteryx
9 4 (0.72%) Google
9 4 (0.72%) ServiceNow
9 4 (0.72%) SmartStream
10 3 (0.54%) Atlassian
10 3 (0.54%) GoldenSource
10 3 (0.54%) Solace
10 3 (0.54%) Splunk