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 contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 25 August 2016 with a comparison to the same period over 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.

3 months to
25 Aug 2016
Same period 2015 Same period 2014
Market Risk
Rank 140 140 123
Rank change year-on-year
0 -17
Contract jobs citing Market Risk 31 71 82
As % of all contract IT jobs located in the City of London 0.88% 1.29% 1.39%
As % of the Miscellaneous category 2.20% 3.31% 3.73%
Number of daily rates quoted 27 67 68
Median daily rate £675 £550 £550
Median daily rate % change year-on-year
+22.72% -
90% offered a daily rate of more than £538 £390 £450
10% offered a daily rate of more than £770 £650 £650
UK excluding London median daily rate £463 £500 £425
% change year-on-year
-7.50% +17.64%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
1411 2144 2199
As % of all contract IT jobs located in the City of London 40.14% 38.90% 37.33%
Number of daily rates quoted 1116 1694 1553
Median daily rate £475 £475 £475
90% offered a daily rate of more than £313 £290 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £376 £375 £350
% change year-on-year
+0.13% +7.14%
Number of hourly rates quoted 12 38 48
Median hourly rate £16.10 £19.00 £18.50
Median hourly rate % change year-on-year
-15.26% +2.70%
90% offered a hourly rate of more than £12.50 £12.52 £12.50
10% offered a hourly rate of more than £39.79 £39.05 £35.55
UK excluding London median hourly rate £22.50 £19.29 £18.75
% change year-on-year
+16.64% +2.88%

Market Risk
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Market Risk as a proportion of all IT contracts with a match in 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 25 August 2016.

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 25 August 2016, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Market Risk.

1 38 (74.51%) Banking
2 34 (66.67%) Finance
3 24 (47.06%) Investment Banking
4 21 (41.18%) Front Office
5 20 (39.22%) Agile Software Development
6 17 (33.33%) Credit Risk
7 16 (31.37%) SQL
8 15 (29.41%) Risk Management
9 12 (23.53%) Foreign Exchange (FX)
10 10 (19.61%) Derivative
11 9 (17.65%) Equities
11 9 (17.65%) Project Management
11 9 (17.65%) Data Modelling
12 8 (15.69%) C#
12 8 (15.69%) Java
12 8 (15.69%) Big Data
13 7 (13.73%) Apache Spark
13 7 (13.73%) Scala
13 7 (13.73%) Hadoop
13 7 (13.73%) Haskell
13 7 (13.73%) Stakeholder Management
14 6 (11.76%) Scrum
14 6 (11.76%) Fixed Income
14 6 (11.76%) SQL Server
14 6 (11.76%) Murex
14 6 (11.76%) Analytics
14 6 (11.76%) Logical Data Model
15 5 (9.80%) SDLC
15 5 (9.80%) Apache Cassandra
15 5 (9.80%) Business Analysis

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 7 (13.73%) Apache Spark
2 1 (1.96%) SAS
Applications
1 1 (1.96%) MS Project
1 1 (1.96%) MS Visio
1 1 (1.96%) Spreadsheet
Business Applications
1 1 (1.96%) Summit
Database & Business Intelligence
1 8 (15.69%) Big Data
2 7 (13.73%) Hadoop
3 6 (11.76%) SQL Server
4 5 (9.80%) Apache Cassandra
4 5 (9.80%) Data Warehouse
5 4 (7.84%) Star Schema
6 3 (5.88%) Power BI
6 3 (5.88%) SQL Server Integration Services
6 3 (5.88%) SQL Server Reporting Services
7 2 (3.92%) Data Mart
8 1 (1.96%) Apache Hive
8 1 (1.96%) Data Lake
8 1 (1.96%) Data Mining
8 1 (1.96%) HBase
Development Applications
1 2 (3.92%) JIRA
1 2 (3.92%) PowerDesigner
2 1 (1.96%) Cucumber
2 1 (1.96%) Git (software)
2 1 (1.96%) Jenkins
2 1 (1.96%) JSUnit
2 1 (1.96%) JUnit
2 1 (1.96%) PHPUnit
2 1 (1.96%) Subversion
General
1 38 (74.51%) Banking
2 34 (66.67%) Finance
3 24 (47.06%) Investment Banking
4 21 (41.18%) Front Office
5 1 (1.96%) Advertising
5 1 (1.96%) Retail
5 1 (1.96%) Spanish Language
Job Titles
1 13 (25.49%) Analyst
1 13 (25.49%) Developer
2 12 (23.53%) Business Analyst
3 9 (17.65%) Market Risk Analyst
3 9 (17.65%) Project Manager
3 9 (17.65%) Risk Analyst
4 8 (15.69%) Market Risk Business Analyst
4 8 (15.69%) Risk Business Analyst
5 7 (13.73%) Risk Manager
6 6 (11.76%) Data Modeller
6 6 (11.76%) Java Developer
6 6 (11.76%) Senior Developer
7 5 (9.80%) Front Office Developer
7 5 (9.80%) Market Risk Project Manager
7 5 (9.80%) Risk Project Manager
7 5 (9.80%) Senior Java Developer
8 4 (7.84%) Consultant
8 4 (7.84%) Market Risk Developer
9 3 (5.88%) Credit Analyst
9 3 (5.88%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 5 (9.80%) .NET
1 5 (9.80%) ASP.NET
2 4 (7.84%) WPF
3 1 (1.96%) RESTful
Miscellaneous
1 17 (33.33%) Credit Risk
2 12 (23.53%) Foreign Exchange (FX)
3 10 (19.61%) Derivative
4 9 (17.65%) Equities
5 6 (11.76%) Fixed Income
6 5 (9.80%) Reference Data
7 2 (3.92%) Analytical Skills
7 2 (3.92%) Credit Derivative
8 1 (1.96%) Data Structures
8 1 (1.96%) Economics
8 1 (1.96%) Equity Derivative
8 1 (1.96%) Management Information System
8 1 (1.96%) Mathematics
Processes & Methodologies
1 20 (39.22%) Agile Software Development
2 15 (29.41%) Risk Management
3 9 (17.65%) Data Modelling
3 9 (17.65%) Project Management
4 7 (13.73%) Stakeholder Management
5 6 (11.76%) Analytics
5 6 (11.76%) Logical Data Model
5 6 (11.76%) Scrum
6 5 (9.80%) Business Analysis
6 5 (9.80%) Multithreading
6 5 (9.80%) SDLC
6 5 (9.80%) Stress Testing
7 4 (7.84%) Monte Carlo Method
8 3 (5.88%) Business Intelligence
8 3 (5.88%) Programme Management
8 3 (5.88%) Requirements Analysis
8 3 (5.88%) User Acceptance Testing
9 2 (3.92%) Change Management
9 2 (3.92%) TDD
9 2 (3.92%) Validation
Programming Languages
1 16 (31.37%) SQL
2 8 (15.69%) C#
2 8 (15.69%) Java
3 7 (13.73%) Haskell
3 7 (13.73%) Scala
4 3 (5.88%) Python
5 1 (1.96%) C++
5 1 (1.96%) MATLAB
5 1 (1.96%) PL/SQL
Qualifications
1 2 (3.92%) Degree
2 1 (1.96%) CFA
2 1 (1.96%) PMP
Quality Assurance & Compliance
1 4 (7.84%) Basel III
2 3 (5.88%) MiFID
3 1 (1.96%) COREP
3 1 (1.96%) CRD IV
3 1 (1.96%) Dodd-Frank
3 1 (1.96%) EMIR
System Software
1 1 (1.96%) HDFS
Systems Management
1 1 (1.96%) HP Quality Center
1 1 (1.96%) Puppet
Vendors
1 6 (11.76%) Murex
2 2 (3.92%) Sybase
3 1 (1.96%) Algorithmics
3 1 (1.96%) HP
3 1 (1.96%) Microsoft
3 1 (1.96%) Oracle
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 6 days ago
City, London
Harrington Starr
Rate: £600 - £700 per day
Posted: 6 days ago