The table below looks at the statistics for the Market Risk Developer 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 Developer in their job title over the 3 months to 12 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
12 Feb 2016
Same period 2015 Same period 2014
Market Risk Developer
Rank 148 187 186
Rank change year-on-year
+39 -1
Contract jobs requiring a Market Risk Developer 5 1 20
As % of all contract IT jobs located in the City of London 0.16% 0.019% 0.34%
As % of the Job Titles category 0.17% 0.020% 0.35%
Number of daily rates quoted 5 1 19
Average daily rate £525 £650 £600
Average daily rate % change year-on-year
-19.23% +8.33%
90% offered a daily rate of more than £519 £650 £500
10% offered a daily rate of more than £555 £650 £630
UK excluding London average daily rate - - £370
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Market Risk Developer
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 Developer
Jobs Demand Trend in the City of London

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

Market Risk Developer Jobs Demand Trend in the City of London

Market Risk Developer
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 Developer across the City of London region.

Market Risk Developer Daily Rate Trend in the City of London

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

For the 6 months to 12 February 2016, IT contractor jobs across the City of London region that cited Market Risk Developer 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 Developer in their job title.

1 7 (87.50%) Market Risk
2 6 (75.00%) Banking
3 5 (62.50%) Finance
3 5 (62.50%) Java
4 4 (50.00%) SQL Server
4 4 (50.00%) Agile Software Development
5 3 (37.50%) Monte Carlo Method
5 3 (37.50%) WPF
5 3 (37.50%) Migration
5 3 (37.50%) SQL
5 3 (37.50%) .NET
5 3 (37.50%) Oracle
5 3 (37.50%) C#
5 3 (37.50%) ASP.NET
5 3 (37.50%) Data Warehouse
6 2 (25.00%) Oracle Database 10g
6 2 (25.00%) Windows
6 2 (25.00%) JUnit
6 2 (25.00%) MS Office
6 2 (25.00%) Sybase
6 2 (25.00%) Front Office
6 2 (25.00%) Risk Management
6 2 (25.00%) PL/SQL
6 2 (25.00%) Oracle Database 11g
6 2 (25.00%) WCF
6 2 (25.00%) ActiveMQ
6 2 (25.00%) Spring
6 2 (25.00%) Maven
6 2 (25.00%) Oracle Database
6 2 (25.00%) ANSI SQL

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

For the 6 months to 12 February 2016, IT contractor jobs across the City of London region that cited Market Risk Developer 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 Developer in their job title. Up to 20 skills are shown per category.

Application Platforms
1 1 (12.50%) Oracle Coherence
Applications
1 2 (25.00%) MS Office
Database & Business Intelligence
1 4 (50.00%) SQL Server
2 3 (37.50%) Data Warehouse
3 2 (25.00%) Oracle Database
3 2 (25.00%) Oracle Database 10g
3 2 (25.00%) Oracle Database 11g
4 1 (12.50%) OLAP
4 1 (12.50%) SQL Server Integration Services
Development Applications
1 2 (25.00%) JUnit
1 2 (25.00%) Maven
General
1 6 (75.00%) Banking
2 5 (62.50%) Finance
3 2 (25.00%) Front Office
4 1 (12.50%) Investment Banking
Libraries, Frameworks & Software Standards
1 3 (37.50%) .NET
1 3 (37.50%) ASP.NET
1 3 (37.50%) WPF
2 2 (25.00%) ActiveMQ
2 2 (25.00%) Spring
2 2 (25.00%) WCF
3 1 (12.50%) .NET Framework
3 1 (12.50%) Entity Framework
3 1 (12.50%) Hibernate
3 1 (12.50%) HTML
3 1 (12.50%) HTML5
3 1 (12.50%) JMS
3 1 (12.50%) MDX
Miscellaneous
1 7 (87.50%) Market Risk
2 1 (12.50%) Computer Science
2 1 (12.50%) Derivative
2 1 (12.50%) Equities
2 1 (12.50%) Equity Derivative
2 1 (12.50%) Equity Risk
Operating Systems
1 2 (25.00%) Windows
Processes & Methodologies
1 4 (50.00%) Agile Software Development
2 3 (37.50%) Migration
2 3 (37.50%) Monte Carlo Method
3 2 (25.00%) Risk Management
3 2 (25.00%) Unit Testing
4 1 (12.50%) Collateral Management
4 1 (12.50%) Data Entry
4 1 (12.50%) Dependency Injection
4 1 (12.50%) ETL
4 1 (12.50%) OO
4 1 (12.50%) Software Engineering
Programming Languages
1 5 (62.50%) Java
2 3 (37.50%) C#
2 3 (37.50%) SQL
3 2 (25.00%) ANSI SQL
3 2 (25.00%) PL/SQL
4 1 (12.50%) JavaScript
4 1 (12.50%) Scala
Qualifications
1 1 (12.50%) Degree
Vendors
1 3 (37.50%) Oracle
2 2 (25.00%) Sybase