The first table below looks at the demand 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 17 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the City of London region.

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
17 Apr 2014
Same period 2013 Same period 2012
Basel II
Rank 206 180 121
Rank change year-on-year
-26 -59
Contract jobs citing Basel II 4 20 106
As % of all contract IT jobs located in the City of London 0.062% 0.32% 1.31%
As % of the Quality Assurance & Compliance category 0.65% 3.74% 13.20%
Number of daily rates quoted 3 17 97
Average daily rate £448 £500 £550
Average daily rate % change year-on-year
-10.50% -9.09%
90% offered a daily rate of more than £350 £380 £330
10% offered a daily rate of more than £490 £605 £650
UK excluding London average daily rate £451 £383 £400
% change year-on-year
+17.77% -4.37%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
612 535 803
As % of all contract IT jobs located in the City of London 9.47% 8.61% 9.93%
Number of daily rates quoted 420 394 584
Average daily rate £450 £450 £500
Average daily rate % change year-on-year
- -10.00%
90% offered a daily rate of more than £290 £275 £301
10% offered a daily rate of more than £600 £600 £650
UK excluding London average daily rate £365 £325 £350
% change year-on-year
+12.30% -7.14%
Number of hourly rates quoted 9 16 25
Average hourly rate £17.50 £135.00 £17.87
Average hourly rate % change year-on-year
-87.03% +655.66%
90% offered a hourly rate of more than £14.60 £15.85 £12.37
10% offered a hourly rate of more than £27.50 £135.00 £22.50
UK excluding London average hourly rate £18.00 £15.50 £16.43
% change year-on-year
+16.12% -5.63%
Basel II
London

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 17 April 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 17 April 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 5 (62.50%) COREP
2 4 (50.00%) Banking
3 3 (37.50%) MiFID
3 3 (37.50%) Basel III
3 3 (37.50%) SQL
4 2 (25.00%) Data Modelling
4 2 (25.00%) Finance
4 2 (25.00%) CRD IV
4 2 (25.00%) Market Risk
5 1 (12.50%) User Acceptance Testing
5 1 (12.50%) Data Mapping
5 1 (12.50%) PL/SQL
5 1 (12.50%) Solvency II
5 1 (12.50%) QA
5 1 (12.50%) Credit Risk
5 1 (12.50%) Credit Derivative
5 1 (12.50%) MS PowerPoint
5 1 (12.50%) Derivative
5 1 (12.50%) Front Office
5 1 (12.50%) Risk Management
5 1 (12.50%) ETL
5 1 (12.50%) Microsoft
5 1 (12.50%) Informatica
5 1 (12.50%) PowerCenter
5 1 (12.50%) Shell Script
5 1 (12.50%) Oracle
5 1 (12.50%) Business Objects
5 1 (12.50%) UNIX
5 1 (12.50%) MS Excel
5 1 (12.50%) FINREP

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

For the 6 months to 17 April 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 (12.50%) MS Excel
1 1 (12.50%) MS PowerPoint
Database & Business Intelligence
1 1 (12.50%) PowerCenter
General
1 4 (50.00%) Banking
2 2 (25.00%) Finance
3 1 (12.50%) Front Office
Job Titles
1 5 (62.50%) Analyst
1 5 (62.50%) Business Analyst
2 1 (12.50%) Developer
2 1 (12.50%) Consultant
2 1 (12.50%) Data Analyst
2 1 (12.50%) Informatica Developer
2 1 (12.50%) Test Consultant
2 1 (12.50%) Investment Banking Business Analyst
Miscellaneous
1 2 (25.00%) Market Risk
2 1 (12.50%) Credit Derivative
2 1 (12.50%) Derivative
2 1 (12.50%) Credit Risk
Operating Systems
1 1 (12.50%) UNIX
Processes & Methodologies
1 2 (25.00%) Data Modelling
2 1 (12.50%) ETL
2 1 (12.50%) Risk Management
2 1 (12.50%) User Acceptance Testing
2 1 (12.50%) Data Mapping
Programming Languages
1 3 (37.50%) SQL
2 1 (12.50%) Shell Script
2 1 (12.50%) PL/SQL
Quality Assurance & Compliance
1 5 (62.50%) COREP
2 3 (37.50%) MiFID
2 3 (37.50%) Basel III
3 2 (25.00%) CRD IV
4 1 (12.50%) FINREP
4 1 (12.50%) Solvency II
4 1 (12.50%) QA
Vendors
1 1 (12.50%) Oracle
1 1 (12.50%) Business Objects
1 1 (12.50%) Microsoft
1 1 (12.50%) Informatica
City, London
Aston Carter
Rate: £400 - £450 per day
Posted: 6 days ago
City, London
ReThink Recruitment
Rate: £0.00 per annum
Posted: 6 days ago