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 5 May 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
5 May 2016
Same period 2015 Same period 2014
Market Risk
Rank 132 154 163
Rank change year-on-year
+22 +9
Contract jobs citing Market Risk 27 41 55
As % of all contract IT jobs located in the City of London 0.78% 0.75% 0.88%
As % of the Miscellaneous category 2.11% 2.02% 2.27%
Number of daily rates quoted 20 38 46
Median daily rate £650 £600 £550
Median daily rate % change year-on-year
+8.33% +9.09%
90% offered a daily rate of more than £570 £485 £479
10% offered a daily rate of more than £676 £625 £634
UK excluding London median daily rate £500 £513 £565
% change year-on-year
-2.43% -9.29%
Number of hourly rates quoted 2 0 0
Median hourly rate £65.00 - -
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
1278 2032 2421
As % of all contract IT jobs located in the City of London 37.08% 37.08% 38.54%
Number of daily rates quoted 1045 1562 1813
Median daily rate £475 £475 £475
90% offered a daily rate of more than £318 £275 £290
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 21 31 38
Median hourly rate £19.00 £20.00 £22.50
Median hourly rate % change year-on-year
-5.00% -11.11%
90% offered a hourly rate of more than £12.00 £14.56 £12.40
10% offered a hourly rate of more than £50.00 £69.40 £45.49
UK excluding London median hourly rate £22.50 £18.90 £20.50
% change year-on-year
+19.04% -7.80%

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 5 May 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
Hourly Rate Histogram in the City of London

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Market Risk across the City of London region over the 3 months to 5 May 2016.

Market Risk Hourly Rate Histogram in the City of London

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

For the 6 months to 5 May 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 (67.86%) Banking
2 30 (53.57%) Finance
3 27 (48.21%) Investment Banking
4 19 (33.93%) Credit Risk
5 18 (32.14%) Risk Management
6 16 (28.57%) SQL
6 16 (28.57%) Data Warehouse
6 16 (28.57%) Agile Software Development
7 14 (25.00%) Business Analysis
7 14 (25.00%) Derivative
8 13 (23.21%) Stress Testing
9 12 (21.43%) Data Modelling
9 12 (21.43%) Front Office
10 11 (19.64%) Fixed Income
10 11 (19.64%) Project Management
11 9 (16.07%) Logical Data Model
12 8 (14.29%) SDLC
12 8 (14.29%) Stakeholder Management
12 8 (14.29%) Star Schema
12 8 (14.29%) C#
12 8 (14.29%) Java
12 8 (14.29%) SQL Server
13 7 (12.50%) Foreign Exchange (FX)
14 6 (10.71%) Sybase
14 6 (10.71%) Oracle
14 6 (10.71%) Credit Derivative
15 5 (8.93%) Data Analysis
15 5 (8.93%) Requirements Analysis
15 5 (8.93%) XML
15 5 (8.93%) PowerDesigner

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 1 (1.79%) Node.js
1 1 (1.79%) Oracle Coherence
1 1 (1.79%) SAS
Applications
1 2 (3.57%) MS Visio
2 1 (1.79%) MS Office
Database & Business Intelligence
1 16 (28.57%) Data Warehouse
2 8 (14.29%) SQL Server
2 8 (14.29%) Star Schema
3 5 (8.93%) Relational Database
4 3 (5.36%) Data Mining
4 3 (5.36%) Oracle Database
4 3 (5.36%) Oracle Database 10g
4 3 (5.36%) Oracle Database 11g
4 3 (5.36%) RDBMS
5 1 (1.79%) Big Data
5 1 (1.79%) Data Mart
5 1 (1.79%) NoSQL
5 1 (1.79%) OLAP
5 1 (1.79%) SQL Server Analysis Services
5 1 (1.79%) SQL Server Integration Services
Development Applications
1 5 (8.93%) PowerDesigner
2 4 (7.14%) Maven
3 2 (3.57%) JUnit
4 1 (1.79%) Grunt
4 1 (1.79%) Jasmine
4 1 (1.79%) JIRA
4 1 (1.79%) Mocha
4 1 (1.79%) Subversion
General
1 38 (67.86%) Banking
2 30 (53.57%) Finance
3 27 (48.21%) Investment Banking
4 12 (21.43%) Front Office
5 2 (3.57%) Advertising
Job Titles
1 17 (30.36%) Analyst
1 17 (30.36%) Business Analyst
2 16 (28.57%) Developer
3 13 (23.21%) Risk Analyst
3 13 (23.21%) Risk Business Analyst
4 9 (16.07%) Data Modeller
4 9 (16.07%) Market Risk Analyst
4 9 (16.07%) Market Risk Business Analyst
5 8 (14.29%) Market Risk Developer
5 8 (14.29%) Project Manager
6 6 (10.71%) Java Developer
7 5 (8.93%) Banking Analyst
7 5 (8.93%) Market Risk Java Developer
7 5 (8.93%) Market Risk Project Manager
7 5 (8.93%) Risk Manager
7 5 (8.93%) Risk Project Manager
8 4 (7.14%) Business IT Analyst
8 4 (7.14%) Credit Risk Developer
8 4 (7.14%) IT Business Analyst
8 4 (7.14%) IT Risk Analyst
Libraries, Frameworks & Software Standards
1 5 (8.93%) XML
2 3 (5.36%) .NET
2 3 (5.36%) ActiveMQ
2 3 (5.36%) Spring
3 2 (3.57%) Ajax
3 2 (3.57%) AngularJS
3 2 (3.57%) ASP.NET
3 2 (3.57%) HTML
3 2 (3.57%) HTML5
3 2 (3.57%) WPF
4 1 (1.79%) .NET Framework
4 1 (1.79%) CSS3
4 1 (1.79%) Hibernate
4 1 (1.79%) JSON
4 1 (1.79%) MDX
4 1 (1.79%) Murex MxML
4 1 (1.79%) RESTful
4 1 (1.79%) WCF
4 1 (1.79%) WebSockets
4 1 (1.79%) XHTML
Miscellaneous
1 19 (33.93%) Credit Risk
2 14 (25.00%) Derivative
3 11 (19.64%) Fixed Income
4 7 (12.50%) Foreign Exchange (FX)
5 6 (10.71%) Credit Derivative
6 3 (5.36%) Data Structures
6 3 (5.36%) Equities
7 2 (3.57%) Analytical Skills
7 2 (3.57%) Reference Data
8 1 (1.79%) Computer Science
8 1 (1.79%) Economics
8 1 (1.79%) Equity Derivative
8 1 (1.79%) Grid Computing
8 1 (1.79%) Management Information System
8 1 (1.79%) Mathematics
8 1 (1.79%) User Experience
Operating Systems
1 1 (1.79%) Linux
1 1 (1.79%) Unix
1 1 (1.79%) Windows
Processes & Methodologies
1 18 (32.14%) Risk Management
2 16 (28.57%) Agile Software Development
3 14 (25.00%) Business Analysis
4 13 (23.21%) Stress Testing
5 12 (21.43%) Data Modelling
6 11 (19.64%) Project Management
7 9 (16.07%) Logical Data Model
8 8 (14.29%) SDLC
8 8 (14.29%) Stakeholder Management
9 5 (8.93%) Data Analysis
9 5 (8.93%) Requirements Analysis
9 5 (8.93%) Scrum
10 4 (7.14%) Analytics
10 4 (7.14%) Migration
11 3 (5.36%) Change Management
11 3 (5.36%) Monte Carlo Method
12 2 (3.57%) Programme Management
12 2 (3.57%) TDD
12 2 (3.57%) User Acceptance Testing
12 2 (3.57%) Validation
Programming Languages
1 16 (28.57%) SQL
2 8 (14.29%) C#
2 8 (14.29%) Java
3 3 (5.36%) ANSI SQL
3 3 (5.36%) PL/SQL
3 3 (5.36%) Python
4 2 (3.57%) C++
4 2 (3.57%) Haskell
4 2 (3.57%) JavaScript
5 1 (1.79%) Korn
5 1 (1.79%) MATLAB
5 1 (1.79%) Shell Script
5 1 (1.79%) T-SQL
Qualifications
1 3 (5.36%) Degree
2 1 (1.79%) CFA
2 1 (1.79%) PMI Certification
2 1 (1.79%) PMP
Quality Assurance & Compliance
1 2 (3.57%) MiFID
2 1 (1.79%) Dodd-Frank
2 1 (1.79%) EMIR
2 1 (1.79%) QA
Systems Management
1 1 (1.79%) Control-M
Vendors
1 6 (10.71%) Oracle
1 6 (10.71%) Sybase
2 4 (7.14%) Algorithmics
2 4 (7.14%) Murex
3 2 (3.57%) IBM
4 1 (1.79%) Bloomberg
4 1 (1.79%) Reuters