The table below looks at the statistics for Basel II skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 31 October 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
31 Oct 2014
Same period 2013 Same period 2012
Basel II
Rank 203 210 185
Rank change year-on-year
+7 -25
Contract jobs citing Basel II 4 15 31
As % of all contract IT jobs located in the City of London 0.066% 0.21% 0.44%
As % of the Quality Assurance & Compliance category 0.84% 2.66% 4.70%
Number of daily rates quoted 3 14 29
Average daily rate
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£650 £513 £525
Average daily rate % change year-on-year
+26.82% -2.38%
90% offered a daily rate of more than £482 £400 £360
10% offered a daily rate of more than £690 £653 £600
UK excluding London average daily rate £500 £433 £450
% change year-on-year
+15.60% -3.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Basel II
London

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
478 563 660
As % of all contract IT jobs located in the City of London 7.93% 7.83% 9.47%
Number of daily rates quoted 347 425 514
Average daily rate £450 £478 £465
Average daily rate % change year-on-year
-5.75% +2.68%
90% offered a daily rate of more than £300 £300 £288
10% offered a daily rate of more than £638 £632 £634
UK excluding London average daily rate £370 £350 £375
% change year-on-year
+5.71% -6.66%
Number of hourly rates quoted 11 8 11
Average hourly rate £17.50 £52.82 £20.00
Average hourly rate % change year-on-year
-66.86% +164.07%
90% offered a hourly rate of more than £12.50 £14.39 £13.50
10% offered a hourly rate of more than £27.50 £67.50 £49.02
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

Basel II
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Basel II across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

Basel II Jobs Demand Trend in the City of London

Basel II
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Basel II across the City of London region.

Basel II Daily Rate Trend in the City of London

Basel II
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel II across the City of London region over the 3 months to 31 October 2014.

Basel II Daily Rate Histogram in the City of London

Basel II
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II across the City of London region.

Basel II Hourly Rate Trend in the City of London

Basel II
Top 30 Related IT Skills in the City of London

For the 6 months to 31 October 2014, IT contractor jobs across the City of London region citing Basel II also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Basel II.

1 6 (60.00%) SQL
2 5 (50.00%) Finance
2 5 (50.00%) Credit Risk
3 4 (40.00%) Banking
3 4 (40.00%) Investment Banking
4 3 (30.00%) Oracle
4 3 (30.00%) Data Modelling
4 3 (30.00%) Market Risk
4 3 (30.00%) Front Office
4 3 (30.00%) Basel III
4 3 (30.00%) Agile Software Development
5 2 (20.00%) Analytical Skills
5 2 (20.00%) Dodd-Frank
5 2 (20.00%) Solvency II
5 2 (20.00%) Test Scripting
5 2 (20.00%) Degree
5 2 (20.00%) Foreign Exchange (FX)
5 2 (20.00%) Change Management
5 2 (20.00%) Advertising
5 2 (20.00%) Fixed Income
6 1 (10.00%) Validation
6 1 (10.00%) Migration
6 1 (10.00%) Stakeholder Management
6 1 (10.00%) Regression Testing
6 1 (10.00%) S-PLUS
6 1 (10.00%) DRM
6 1 (10.00%) FpML
6 1 (10.00%) ACCA
6 1 (10.00%) ETL
6 1 (10.00%) Business Intelligence

Basel II
Top Related IT Skills in the City of London by Category

For the 6 months to 31 October 2014, IT contractor jobs across the City of London region citing Basel II also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Basel II. Up to 20 skills are shown per category.

Applications
1 1 (10.00%) S-PLUS
1 1 (10.00%) Spreadsheet
Business Applications
1 1 (10.00%) Oracle Financials
1 1 (10.00%) HFM
1 1 (10.00%) Hyperion Planning
1 1 (10.00%) Oracle EBS R12
Database & Business Intelligence
1 1 (10.00%) SQL Server
1 1 (10.00%) Data Mart
General
1 5 (50.00%) Finance
2 4 (40.00%) Banking
2 4 (40.00%) Investment Banking
3 3 (30.00%) Front Office
4 2 (20.00%) Advertising
Job Titles
1 8 (80.00%) Analyst
2 4 (40.00%) Business Analyst
3 2 (20.00%) Investment Banking Business Analyst
4 1 (10.00%) Developer
4 1 (10.00%) Test Analyst
4 1 (10.00%) Business Developer
4 1 (10.00%) Consultant
4 1 (10.00%) Senior Analyst
4 1 (10.00%) Business Objects Developer
4 1 (10.00%) Technical Analyst
4 1 (10.00%) Senior Test Analyst
4 1 (10.00%) Business Consultant
4 1 (10.00%) Quantitative Analyst
4 1 (10.00%) QA Analyst
4 1 (10.00%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 1 (10.00%) XML
1 1 (10.00%) XSD
1 1 (10.00%) XSLT
1 1 (10.00%) FpML
Miscellaneous
1 5 (50.00%) Credit Risk
2 3 (30.00%) Market Risk
3 2 (20.00%) Analytical Skills
3 2 (20.00%) Foreign Exchange (FX)
3 2 (20.00%) Fixed Income
4 1 (10.00%) Derivative
4 1 (10.00%) Statistics
4 1 (10.00%) Mathematics
4 1 (10.00%) Physics
Processes & Methodologies
1 3 (30.00%) Data Modelling
1 3 (30.00%) Agile Software Development
2 2 (20.00%) Test Scripting
2 2 (20.00%) Change Management
3 1 (10.00%) Regression Testing
3 1 (10.00%) Risk Management
3 1 (10.00%) Validation
3 1 (10.00%) Migration
3 1 (10.00%) Stakeholder Management
3 1 (10.00%) ETL
3 1 (10.00%) Business Intelligence
3 1 (10.00%) DRM
3 1 (10.00%) Data Mapping
3 1 (10.00%) User Stories
3 1 (10.00%) Probability Theory
3 1 (10.00%) Test Planning
3 1 (10.00%) Data Management
3 1 (10.00%) Data Analysis
3 1 (10.00%) Requirements Analysis
3 1 (10.00%) User Acceptance Testing
Programming Languages
1 6 (60.00%) SQL
2 1 (10.00%) R
Qualifications
1 2 (20.00%) Degree
2 1 (10.00%) PhD
2 1 (10.00%) ACCA
Quality Assurance & Compliance
1 3 (30.00%) Basel III
2 2 (20.00%) Solvency II
2 2 (20.00%) Dodd-Frank
3 1 (10.00%) QA
3 1 (10.00%) EMIR
Systems Management
1 1 (10.00%) HP Quality Center
Vendors
1 3 (30.00%) Oracle
2 1 (10.00%) Business Objects
2 1 (10.00%) SAP
2 1 (10.00%) Hyperion
City of London
Orgtel
Rate: £400 - £480 per day
Posted: 24 days ago