The table below looks at the statistics for the Market Risk Business Analyst role 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 Market Risk Business Analyst in their job title over the 3 months to 11 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
11 Feb 2016
Same period 2015 Same period 2014
Business Analyst - Market Risk
Rank 146 185 200
Rank change year-on-year
+39 +15
Contract jobs requiring a Market Risk Business Analyst 7 3 6
As % of all contract IT jobs located in the City of London 0.22% 0.058% 0.10%
As % of the Job Titles category 0.23% 0.061% 0.11%
Number of daily rates quoted 7 3 5
Average daily rate £525 £575 £550
Average daily rate % change year-on-year
-8.69% +4.54%
90% offered a daily rate of more than £448 £575 £520
10% offered a daily rate of more than £675 £595 £786
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Market Risk Business Analyst
London

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the City of London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
City of London
Contract IT job ads with a match in the
Job Titles category
3005 4884 5656
As % of all contract IT jobs located in the City of London 95.52% 95.00% 94.99%
Number of daily rates quoted 2360 3750 4065
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 51 81 91
Average hourly rate £19.99 £18.00 £20.00
Average hourly rate % change year-on-year
+11.06% -10.00%
90% offered a hourly rate of more than £12.00 £12.50 £13.00
10% offered a hourly rate of more than £53.00 £27.37 £30.95
UK excluding London average hourly rate £17.50 £16.50 £16.50
% change year-on-year
+6.06% -

Market Risk Business Analyst
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk Business Analyst in the job title across the City of London region as a proportion of the total demand within the Job Titles category.

Market Risk Business Analyst Jobs Demand Trend in the City of London

Market Risk Business Analyst
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 Market Risk Business Analyst across the City of London region.

Market Risk Business Analyst Daily Rate Trend in the City of London

Market Risk Business Analyst
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Market Risk Business Analyst across the City of London region over the 3 months to 11 February 2016.

Market Risk Business Analyst Daily Rate Histogram in the City of London

Market Risk Business Analyst
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 Market Risk Business Analyst across the City of London region.

Market Risk Business Analyst Hourly Rate Trend in the City of London

Market Risk Business Analyst
Top 30 Related IT Skills in the City of London

For the 6 months to 11 February 2016, IT contractor jobs across the City of London region that cited Market Risk Business Analyst in their job title 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 with Market Risk Business Analyst in their job title.

1 10 (100.00%) Market Risk
2 7 (70.00%) Investment Banking
2 7 (70.00%) Business Analysis
2 7 (70.00%) Banking
3 6 (60.00%) Credit Risk
3 6 (60.00%) Finance
3 6 (60.00%) SQL
4 5 (50.00%) Derivative
5 4 (40.00%) Stress Testing
5 4 (40.00%) Relational Database
5 4 (40.00%) Agile Software Development
6 3 (30.00%) Scrum
6 3 (30.00%) Oracle
6 3 (30.00%) MS Visio
6 3 (30.00%) Analytical Skills
7 2 (20.00%) Data Analysis
7 2 (20.00%) Credit Derivative
7 2 (20.00%) SDLC
7 2 (20.00%) Data Mining
7 2 (20.00%) RDBMS
7 2 (20.00%) XML
7 2 (20.00%) UML
7 2 (20.00%) Data Warehouse
7 2 (20.00%) Murex
7 2 (20.00%) Algorithmics
7 2 (20.00%) Project Management
7 2 (20.00%) SQL Server
7 2 (20.00%) Sybase
7 2 (20.00%) Fixed Income
8 1 (10.00%) Risk Management

Market Risk Business Analyst
Top Related IT Skills in the City of London by Category

For the 6 months to 11 February 2016, IT contractor jobs across the City of London region that cited Market Risk Business Analyst in their job title 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 with Market Risk Business Analyst in their job title. Up to 20 skills are shown per category.

Applications
1 3 (30.00%) MS Visio
2 1 (10.00%) MS Office
2 1 (10.00%) Spreadsheet
Database & Business Intelligence
1 4 (40.00%) Relational Database
2 2 (20.00%) Data Mining
2 2 (20.00%) Data Warehouse
2 2 (20.00%) RDBMS
2 2 (20.00%) SQL Server
Development Applications
1 1 (10.00%) JIRA
General
1 7 (70.00%) Banking
1 7 (70.00%) Investment Banking
2 6 (60.00%) Finance
Libraries, Frameworks & Software Standards
1 2 (20.00%) XML
2 1 (10.00%) .NET
Miscellaneous
1 10 (100.00%) Market Risk
2 6 (60.00%) Credit Risk
3 5 (50.00%) Derivative
4 3 (30.00%) Analytical Skills
5 2 (20.00%) Credit Derivative
5 2 (20.00%) Fixed Income
6 1 (10.00%) Data Structures
6 1 (10.00%) Economics
Processes & Methodologies
1 7 (70.00%) Business Analysis
2 4 (40.00%) Agile Software Development
2 4 (40.00%) Stress Testing
3 3 (30.00%) Scrum
4 2 (20.00%) Data Analysis
4 2 (20.00%) Project Management
4 2 (20.00%) SDLC
4 2 (20.00%) UML
5 1 (10.00%) Business Process Mapping
5 1 (10.00%) Financial Analysis
5 1 (10.00%) Monte Carlo Method
5 1 (10.00%) Risk Management
5 1 (10.00%) Translating Business Requirements
5 1 (10.00%) Use Case
5 1 (10.00%) Waterfall
Programming Languages
1 6 (60.00%) SQL
2 1 (10.00%) C++
2 1 (10.00%) Java
2 1 (10.00%) VBA
Quality Assurance & Compliance
1 1 (10.00%) Basel III
Vendors
1 3 (30.00%) Oracle
2 2 (20.00%) Algorithmics
2 2 (20.00%) Murex
2 2 (20.00%) Sybase
3 1 (10.00%) IBM
3 1 (10.00%) Microsoft