The first table below looks at the demand for FINREP 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 FINREP over the 3 months to 14 July 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
14 Jul 2014
Same period 2013 Same period 2012
Financial Reporting (FINREP)
Rank 192 218 222
Rank change year-on-year
+26 +4
Contract jobs citing FINREP 2 4 1
As % of all contract IT jobs located in the City of London 0.035% 0.057% 0.013%
As % of the Quality Assurance & Compliance category 0.41% 0.65% 0.14%
Number of daily rates quoted 1 3 1
Average daily rate
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£475 £575 £550
Average daily rate % change year-on-year
-17.39% +4.54%
UK excluding London average daily rate £501 £575 -
% change year-on-year
-12.95% -
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
482 612 694
As % of all contract IT jobs located in the City of London 8.45% 8.68% 8.89%
Number of daily rates quoted 340 456 479
Average daily rate £485 £475 £475
Average daily rate % change year-on-year
+2.10% -
90% offered a daily rate of more than £300 £315 £300
10% offered a daily rate of more than £613 £625 £650
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 6 10 18
Average hourly rate £22.50 £25.00 £19.00
Average hourly rate % change year-on-year
-10.00% +31.57%
90% offered a hourly rate of more than £12.13 £13.97 £13.50
10% offered a hourly rate of more than £42.36 £52.20 £33.35
UK excluding London average hourly rate £20.00 £17.50 £18.00
% change year-on-year
+14.28% -2.77%
FINREP
London

FINREP
Jobs Demand Trend in the City of London

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

FINREP Jobs Demand Trend in the City of London

FINREP
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 FINREP across the City of London region.

FINREP Daily Rate Trend in the City of London

FINREP
Top 27 Related IT Skills in the City of London

For the 6 months to 14 July 2014, IT contractor jobs across the City of London region citing FINREP 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 FINREP.

1 7 (100.00%) COREP
2 4 (57.14%) CRD IV
3 3 (42.86%) Finance
3 3 (42.86%) Banking
3 3 (42.86%) Basel III
4 2 (28.57%) MS Excel
4 2 (28.57%) Derivative
4 2 (28.57%) Microsoft
5 1 (14.29%) XBRL
5 1 (14.29%) Foreign Exchange (FX)
5 1 (14.29%) Basel II
5 1 (14.29%) Risk Management
5 1 (14.29%) Credit Derivative
5 1 (14.29%) Data Analysis
5 1 (14.29%) Investment Banking
5 1 (14.29%) Data Mart
5 1 (14.29%) MS PowerPoint
5 1 (14.29%) Agile Software Development
5 1 (14.29%) Marketing
5 1 (14.29%) Degree
5 1 (14.29%) Use Case
5 1 (14.29%) Market Risk
5 1 (14.29%) Data Warehouse
5 1 (14.29%) Solvency II
5 1 (14.29%) EMIR
5 1 (14.29%) Dodd-Frank
5 1 (14.29%) SQL

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

For the 6 months to 14 July 2014, IT contractor jobs across the City of London region citing FINREP 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 FINREP. Up to 20 skills are shown per category.

Applications
1 2 (28.57%) MS Excel
2 1 (14.29%) MS PowerPoint
Database & Business Intelligence
1 1 (14.29%) Data Warehouse
1 1 (14.29%) Data Mart
General
1 3 (42.86%) Finance
1 3 (42.86%) Banking
2 1 (14.29%) Investment Banking
2 1 (14.29%) Marketing
Job Titles
1 4 (57.14%) Business Analyst
1 4 (57.14%) Analyst
2 2 (28.57%) Consultant
3 1 (14.29%) Sales Consultant
3 1 (14.29%) Report Analyst
3 1 (14.29%) Data Analyst
3 1 (14.29%) Pre Sales Consultant
3 1 (14.29%) Test Consultant
3 1 (14.29%) Business Data Analyst
3 1 (14.29%) Project Manager
Libraries, Frameworks & Software Standards
1 1 (14.29%) XBRL
Miscellaneous
1 2 (28.57%) Derivative
2 1 (14.29%) Market Risk
2 1 (14.29%) Foreign Exchange (FX)
2 1 (14.29%) Credit Derivative
Processes & Methodologies
1 1 (14.29%) Risk Management
1 1 (14.29%) Agile Software Development
1 1 (14.29%) Data Analysis
1 1 (14.29%) Use Case
Programming Languages
1 1 (14.29%) SQL
Qualifications
1 1 (14.29%) Degree
Quality Assurance & Compliance
1 7 (100.00%) COREP
2 4 (57.14%) CRD IV
3 3 (42.86%) Basel III
4 1 (14.29%) Solvency II
4 1 (14.29%) EMIR
4 1 (14.29%) Dodd-Frank
4 1 (14.29%) Basel II
Vendors
1 2 (28.57%) Microsoft
City of London
Real Staffing
Rate: £435 per day
Posted: 23 days ago