The table below looks at the statistics for FATCA 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 FATCA over the 3 months to 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 145 185 201
Rank change year-on-year
+40 +16
Contract jobs citing FATCA 5 7 4
As % of all contract IT jobs located in the City of London 0.16% 0.14% 0.067%
As % of the Quality Assurance & Compliance category 1.52% 1.53% 0.66%
Number of daily rates quoted 5 6 4
Average daily rate £525 £445 £600
Average daily rate % change year-on-year
+17.97% -25.83%
90% offered a daily rate of more than £425 £188 £539
10% offered a daily rate of more than £540 £638 £635
UK excluding London average daily rate £400 £513 £425
% change year-on-year
-21.98% +20.64%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
FATCA
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
328 457 608
As % of all contract IT jobs located in the City of London 10.42% 8.92% 10.22%
Number of daily rates quoted 235 335 435
Average daily rate £500 £450 £450
Average daily rate % change year-on-year
+11.11% -
90% offered a daily rate of more than £308 £250 £280
10% offered a daily rate of more than £625 £578 £600
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 6 2 3
Average hourly rate £26.75 £30.13 £18.70
Average hourly rate % change year-on-year
-11.20% +61.09%
90% offered a hourly rate of more than £21.00 £19.23 £17.74
10% offered a hourly rate of more than £40.75 £41.03 £23.74
UK excluding London average hourly rate £42.25 £23.25 £17.00
% change year-on-year
+81.72% +36.76%

FATCA
Jobs Demand Trend in the City of London

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

FATCA Jobs Demand Trend in the City of London

FATCA
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 FATCA across the City of London region.

FATCA Daily Rate Trend in the City of London

FATCA
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA across the City of London region over the 3 months to 9 February 2016.

FATCA Daily Rate Histogram in the City of London

FATCA
Top 30 Related IT Skills in the City of London

For the 6 months to 9 February 2016, IT contractor jobs across the City of London region citing FATCA 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 FATCA.

1 8 (88.89%) Finance
2 5 (55.56%) Banking
3 3 (33.33%) Stakeholder Management
3 3 (33.33%) Front Office
3 3 (33.33%) Investment Banking
3 3 (33.33%) EMIR
3 3 (33.33%) Dodd-Frank
4 2 (22.22%) Business Analysis
4 2 (22.22%) KYC
4 2 (22.22%) Project Management
4 2 (22.22%) Financial Institution
4 2 (22.22%) Derivative
5 1 (11.11%) International Banking
5 1 (11.11%) MiFID
5 1 (11.11%) JIRA
5 1 (11.11%) Market Risk
5 1 (11.11%) User Acceptance Testing
5 1 (11.11%) Cash Management
5 1 (11.11%) Billing
5 1 (11.11%) Data Management
5 1 (11.11%) Data Warehouse
5 1 (11.11%) Business Intelligence
5 1 (11.11%) Foreign Exchange (FX)
5 1 (11.11%) Change Management
5 1 (11.11%) Equities
5 1 (11.11%) Anti-Money Laundering
5 1 (11.11%) Fintech
5 1 (11.11%) Risk Management
5 1 (11.11%) Software Delivery
5 1 (11.11%) Operational Acceptance Testing

FATCA
Top Related IT Skills in the City of London by Category

For the 6 months to 9 February 2016, IT contractor jobs across the City of London region citing FATCA 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 FATCA. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (11.11%) Data Warehouse
Development Applications
1 1 (11.11%) JIRA
General
1 8 (88.89%) Finance
2 5 (55.56%) Banking
3 3 (33.33%) Front Office
3 3 (33.33%) Investment Banking
4 2 (22.22%) Financial Institution
5 1 (11.11%) Billing
5 1 (11.11%) International Banking
Job Titles
1 6 (66.67%) Analyst
1 6 (66.67%) Business Analyst
2 3 (33.33%) Project Manager
3 1 (11.11%) Architect
3 1 (11.11%) Banking Analyst
3 1 (11.11%) Business Architect
3 1 (11.11%) Business Manager
3 1 (11.11%) Business Project Manager
3 1 (11.11%) Compliance Manager
3 1 (11.11%) Financial Analyst
3 1 (11.11%) Financial Business Analyst
3 1 (11.11%) Programme Manager
3 1 (11.11%) Project Analyst
3 1 (11.11%) Risk Manager
3 1 (11.11%) Senior Analyst
3 1 (11.11%) Senior Business Analyst
3 1 (11.11%) Service Analyst
3 1 (11.11%) Technical Analyst
3 1 (11.11%) Technical Business Analyst
3 1 (11.11%) Test Manager
Miscellaneous
1 2 (22.22%) Derivative
2 1 (11.11%) Equities
2 1 (11.11%) Fintech
2 1 (11.11%) Foreign Exchange (FX)
2 1 (11.11%) Market Risk
Processes & Methodologies
1 3 (33.33%) Stakeholder Management
2 2 (22.22%) Business Analysis
2 2 (22.22%) KYC
2 2 (22.22%) Project Management
3 1 (11.11%) Anti-Money Laundering
3 1 (11.11%) Business Intelligence
3 1 (11.11%) Cash Management
3 1 (11.11%) Change Management
3 1 (11.11%) Data Management
3 1 (11.11%) Operational Acceptance Testing
3 1 (11.11%) Risk Management
3 1 (11.11%) SDLC
3 1 (11.11%) Software Delivery
3 1 (11.11%) System Integration Testing
3 1 (11.11%) User Acceptance Testing
Quality Assurance & Compliance
1 3 (33.33%) Dodd-Frank
1 3 (33.33%) EMIR
2 1 (11.11%) MiFID
City, London
Aston Carter
Rate: £550 - £700 per day
Posted: 5 days ago