The table below looks at the prevalence of the term Market Risk 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 over the 3 months to 28 July 2015 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
28 Jul 2015
Same period 2014 Same period 2013
Market Risk
Rank 138 126 116
Rank change year-on-year
-12 -10
Contract jobs citing Market Risk 74 76 122
As % of all contract IT jobs located in the City of London 1.25% 1.29% 1.72%
As % of the Miscellaneous category 3.32% 3.43% 4.42%
Number of daily rates quoted 69 63 87
Average daily rate
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of your Daily Rate
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£575 £550 £550
Average daily rate % change year-on-year
+4.54% -
90% offered a daily rate of more than £408 £430 £430
10% offered a daily rate of more than £650 £645 £650
UK excluding London average daily rate £500 £425 £555
% change year-on-year
+17.64% -23.42%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Market Risk
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2230 2216 2758
As % of all contract IT jobs located in the City of London 37.59% 37.67% 38.81%
Number of daily rates quoted 1792 1608 2033
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £277 £300
10% offered a daily rate of more than £650 £650 £638
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 40 43 69
Average hourly rate £20.67 £20.00 £22.50
Average hourly rate % change year-on-year
+3.32% -11.11%
90% offered a hourly rate of more than £14.50 £12.75 £15.25
10% offered a hourly rate of more than £39.05 £41.60 £48.00
UK excluding London average hourly rate £19.08 £21.63 £20.00
% change year-on-year
-11.76% +8.12%

Market Risk
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk across the City of London region as a proportion of the total demand within the Miscellaneous category.

Market Risk Jobs Demand Trend in the City of London

Market Risk
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 across the City of London region.

Market Risk Daily Rate Trend in the City of London

Market Risk
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Market Risk across the City of London region over the 3 months to 28 July 2015.

Market Risk Daily Rate Histogram in the City of London

Market Risk
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 across the City of London region.

Market Risk Hourly Rate Trend in the City of London

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

For the 6 months to 28 July 2015, IT contractor jobs across the City of London region citing Market Risk 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 Market Risk.

1 67 (58.77%) Finance
2 60 (52.63%) Banking
3 48 (42.11%) Investment Banking
4 45 (39.47%) Credit Risk
5 36 (31.58%) Risk Management
6 35 (30.70%) SQL
7 33 (28.95%) Java
8 26 (22.81%) C#
9 25 (21.93%) Front Office
9 25 (21.93%) Agile Software Development
10 19 (16.67%) .NET
10 19 (16.67%) SQL Server
11 18 (15.79%) Business Analysis
12 16 (14.04%) OO
13 15 (13.16%) C++
14 14 (12.28%) VBA
14 14 (12.28%) Analytics
15 13 (11.40%) Stress Testing
16 12 (10.53%) Python
16 12 (10.53%) Microsoft
17 10 (8.77%) User Acceptance Testing
17 10 (8.77%) Analytical Skills
17 10 (8.77%) Linux
17 10 (8.77%) TDD
17 10 (8.77%) Subversion
18 9 (7.89%) Data Management
18 9 (7.89%) Grid Computing
18 9 (7.89%) Oracle
18 9 (7.89%) UNIX
18 9 (7.89%) Project Management

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

For the 6 months to 28 July 2015, IT contractor jobs across the City of London region citing Market Risk 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 Market Risk. Up to 20 skills are shown per category.

Application Platforms
1 6 (5.26%) Oracle Coherence
2 2 (1.75%) JBoss
2 2 (1.75%) SharePoint
2 2 (1.75%) Apache Spark
3 1 (0.88%) GemFire
Applications
1 7 (6.14%) MS Excel
2 6 (5.26%) MS Office
2 6 (5.26%) Spreadsheet
3 5 (4.39%) MS Visio
4 2 (1.75%) MS PowerPoint
5 1 (0.88%) MS Project
Business Applications
1 1 (0.88%) Kondor+
Cloud Services
1 1 (0.88%) Cloud Computing
Database & Business Intelligence
1 19 (16.67%) SQL Server
2 8 (7.02%) Big Data
3 7 (6.14%) SQL Server Analysis Services
4 6 (5.26%) Hadoop
4 6 (5.26%) Relational Database
5 4 (3.51%) SQL Server Integration Services
5 4 (3.51%) OLAP
5 4 (3.51%) MS Access
5 4 (3.51%) Data Warehouse
6 3 (2.63%) RDBMS
6 3 (2.63%) Oracle Database
7 2 (1.75%) HBase
7 2 (1.75%) SQL Server 2012
7 2 (1.75%) Hazelcast
7 2 (1.75%) Impala
7 2 (1.75%) Microsoft Analysis Services
7 2 (1.75%) Apache Hive
8 1 (0.88%) NoSQL
8 1 (0.88%) Oracle OLAP
8 1 (0.88%) QlikView
Development Applications
1 10 (8.77%) Subversion
2 8 (7.02%) Maven
3 5 (4.39%) JIRA
3 5 (4.39%) JUnit
4 3 (2.63%) ERwin
4 3 (2.63%) Cucumber
5 2 (1.75%) Team Foundation Server
5 2 (1.75%) Mockito
6 1 (0.88%) SpecFlow
6 1 (0.88%) NUnit
6 1 (0.88%) CruiseControl
6 1 (0.88%) ClearCase
6 1 (0.88%) Selenium
6 1 (0.88%) jMock
General
1 67 (58.77%) Finance
2 60 (52.63%) Banking
3 48 (42.11%) Investment Banking
4 25 (21.93%) Front Office
5 7 (6.14%) Back Office
6 5 (4.39%) Financial Institution
7 3 (2.63%) Legal
8 1 (0.88%) Telecoms
8 1 (0.88%) Retail
Job Titles
1 43 (37.72%) Analyst
2 42 (36.84%) Developer
3 32 (28.07%) Business Analyst
4 17 (14.91%) Senior Developer
5 16 (14.04%) Market Risk Analyst
6 14 (12.28%) Java Developer
6 14 (12.28%) Risk Analyst
7 13 (11.40%) Project Manager
8 11 (9.65%) Market Analyst
9 10 (8.77%) Market Risk Business Analyst
10 7 (6.14%) Python Developer
10 7 (6.14%) Risk Manager
11 6 (5.26%) Senior Java Developer
11 6 (5.26%) Senior Python Developer
12 5 (4.39%) Banking Business Analyst
12 5 (4.39%) Senior Analyst
12 5 (4.39%) Architect
12 5 (4.39%) Support Analyst
13 4 (3.51%) Data Analyst
13 4 (3.51%) C# Developer
Libraries, Frameworks & Software Standards
1 19 (16.67%) .NET
2 9 (7.89%) Spring
3 8 (7.02%) XML
4 6 (5.26%) ASP.NET
4 6 (5.26%) SciPy
4 6 (5.26%) NumPy
5 5 (4.39%) WPF
5 5 (4.39%) J2EE
6 4 (3.51%) Web Services
6 4 (3.51%) MDX
6 4 (3.51%) Akka
7 3 (2.63%) REST
7 3 (2.63%) HTML5
7 3 (2.63%) ActiveMQ
7 3 (2.63%) JMS
7 3 (2.63%) HTML
8 2 (1.75%) XBRL
8 2 (1.75%) .NET Framework
8 2 (1.75%) WCF
9 1 (0.88%) Spring MVC
Miscellaneous
1 45 (39.47%) Credit Risk
2 10 (8.77%) Analytical Skills
3 9 (7.89%) Grid Computing
4 8 (7.02%) Foreign Exchange (FX)
5 5 (4.39%) Management Information System
5 5 (4.39%) Equities
5 5 (4.39%) Derivative
6 4 (3.51%) Credit Derivative
7 3 (2.63%) Taxonomies
7 3 (2.63%) Mathematics
7 3 (2.63%) Fixed Income
8 2 (1.75%) Computer Science
8 2 (1.75%) Visualisation
8 2 (1.75%) Replication
9 1 (0.88%) N-Tier
9 1 (0.88%) PMI
9 1 (0.88%) Interest Rate Derivative
9 1 (0.88%) Hedge funds
9 1 (0.88%) User Experience
9 1 (0.88%) Data Extraction
Operating Systems
1 10 (8.77%) Linux
2 9 (7.89%) UNIX
3 8 (7.02%) Windows
Processes & Methodologies
1 36 (31.58%) Risk Management
2 25 (21.93%) Agile Software Development
3 18 (15.79%) Business Analysis
4 16 (14.04%) OO
5 14 (12.28%) Analytics
6 13 (11.40%) Stress Testing
7 10 (8.77%) User Acceptance Testing
7 10 (8.77%) TDD
8 9 (7.89%) Data Management
8 9 (7.89%) Project Management
8 9 (7.89%) Monte Carlo Method
9 8 (7.02%) Data Modelling
9 8 (7.02%) SDLC
10 7 (6.14%) Stakeholder Management
10 7 (6.14%) Scrum
10 7 (6.14%) BDD
10 7 (6.14%) Multithreading
11 6 (5.26%) Greeks
11 6 (5.26%) Business Intelligence
12 5 (4.39%) Change Management
Programming Languages
1 35 (30.70%) SQL
2 33 (28.95%) Java
3 26 (22.81%) C#
4 15 (13.16%) C++
5 14 (12.28%) VBA
6 12 (10.53%) Python
7 8 (7.02%) Perl
8 5 (4.39%) C
9 4 (3.51%) MATLAB
9 4 (3.51%) Scala
9 4 (3.51%) R
10 3 (2.63%) T-SQL
11 2 (1.75%) VB.NET
11 2 (1.75%) PHP
12 1 (0.88%) Shell Script
12 1 (0.88%) Korn
12 1 (0.88%) XPath
Qualifications
1 6 (5.26%) Degree
2 2 (1.75%) PMI Certification
3 1 (0.88%) CFA
3 1 (0.88%) PhD
3 1 (0.88%) PRINCE2 Certification
3 1 (0.88%) PMP
Quality Assurance & Compliance
1 5 (4.39%) Basel III
2 2 (1.75%) Data Quality
2 2 (1.75%) Dodd-Frank
2 2 (1.75%) COREP
2 2 (1.75%) FINREP
2 2 (1.75%) Basel II
3 1 (0.88%) QA
3 1 (0.88%) SLA
3 1 (0.88%) Sarbanes-Oxley
System Software
1 2 (1.75%) Apache Flume
1 2 (1.75%) HDFS
2 1 (0.88%) GridGain
Systems Management
1 2 (1.75%) HP Quality Center
1 2 (1.75%) Oozie
2 1 (0.88%) Control-M
Vendors
1 12 (10.53%) Microsoft
2 9 (7.89%) Oracle
3 4 (3.51%) Sybase
4 1 (0.88%) Tableau
4 1 (0.88%) Actian
City, London
Hays Finance Technology
Rate: £400.00 - £450.00 per annum
Posted: 1 hour ago
City, London
TEKsystems
Rate: £500 per day
Posted: 2 hours ago
City, London
Salt
Rate: £325 - £350 per day
Posted: 2 hours ago
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 4 days ago
City, London
Networking People
Posted: 5 days ago
City of London
Huxley Banking & Financial Services
Rate: £550 - £650 per day
Posted: 5 days ago
City, London
Hays Finance Technology
Rate: £600.00 - £700.00 per day
Posted: 6 days ago
City of London
Orgtel
Rate: £550 - £650 per day
Posted: 8 days ago
City of London
Bridge Noble
Rate: £400 - £425 per day
Posted: 26 days ago