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 24 July 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
24 Jul 2016
Same period 2015 Same period 2014
Market Risk
Rank 148 141 126
Rank change year-on-year
-7 -15
Contract jobs citing Market Risk 18 72 77
As % of all contract IT jobs located in the City of London 0.53% 1.21% 1.34%
As % of the Miscellaneous category 1.31% 3.15% 3.47%
Number of daily rates quoted 12 67 64
Median daily rate £675 £575 £550
Median daily rate % change year-on-year
+17.39% +4.54%
90% offered a daily rate of more than £556 £406 £433
10% offered a daily rate of more than £748 £650 £643
UK excluding London median daily rate £500 £538 £425
% change year-on-year
-6.97% +26.47%
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
1378 2287 2222
As % of all contract IT jobs located in the City of London 40.28% 38.58% 38.72%
Number of daily rates quoted 1113 1831 1608
Median daily rate £465 £475 £475
Median daily rate % change year-on-year
-2.10% -
90% offered a daily rate of more than £325 £300 £276
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 13 41 45
Median hourly rate £12.50 £20.00 £20.19
Median hourly rate % change year-on-year
-37.50% -0.92%
UK excluding London median hourly rate £21.36 £18.00 £20.50
% change year-on-year
+18.63% -12.19%

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 24 July 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 24 July 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 24 July 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 37 (75.51%) Banking
2 30 (61.22%) Finance
3 26 (53.06%) Investment Banking
4 20 (40.82%) Front Office
5 18 (36.73%) Risk Management
6 15 (30.61%) Credit Risk
7 13 (26.53%) Data Warehouse
7 13 (26.53%) Data Modelling
8 12 (24.49%) Agile Software Development
9 11 (22.45%) Derivative
9 11 (22.45%) Project Management
9 11 (22.45%) Fixed Income
10 10 (20.41%) Stakeholder Management
10 10 (20.41%) Foreign Exchange (FX)
10 10 (20.41%) SQL
10 10 (20.41%) Logical Data Model
11 9 (18.37%) Java
12 8 (16.33%) Star Schema
13 7 (14.29%) Business Analysis
13 7 (14.29%) Stress Testing
13 7 (14.29%) SDLC
14 6 (12.24%) Analytics
14 6 (12.24%) Requirements Analysis
14 6 (12.24%) Equities
14 6 (12.24%) Murex
15 5 (10.20%) PowerDesigner
15 5 (10.20%) C#
15 5 (10.20%) SQL Server
15 5 (10.20%) Haskell
16 4 (8.16%) Scala

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 4 (8.16%) Apache Spark
2 1 (2.04%) SAS
Applications
1 1 (2.04%) MS Project
1 1 (2.04%) MS Visio
1 1 (2.04%) Spreadsheet
Business Applications
1 1 (2.04%) Summit
Database & Business Intelligence
1 13 (26.53%) Data Warehouse
2 8 (16.33%) Star Schema
3 5 (10.20%) SQL Server
4 4 (8.16%) Big Data
4 4 (8.16%) Hadoop
5 3 (6.12%) Apache Cassandra
5 3 (6.12%) Oracle Database
5 3 (6.12%) Oracle Database 10g
5 3 (6.12%) Oracle Database 11g
6 1 (2.04%) Apache Hive
6 1 (2.04%) Data Mart
6 1 (2.04%) Data Mining
6 1 (2.04%) SQL Server Analysis Services
6 1 (2.04%) SQL Server Integration Services
Development Applications
1 5 (10.20%) PowerDesigner
2 1 (2.04%) JIRA
General
1 37 (75.51%) Banking
2 30 (61.22%) Finance
3 26 (53.06%) Investment Banking
4 20 (40.82%) Front Office
5 2 (4.08%) Advertising
6 1 (2.04%) Spanish Language
Job Titles
1 13 (26.53%) Analyst
2 12 (24.49%) Business Analyst
3 11 (22.45%) Developer
4 10 (20.41%) Data Modeller
5 9 (18.37%) Risk Analyst
6 8 (16.33%) Market Risk Analyst
6 8 (16.33%) Project Manager
7 7 (14.29%) Risk Business Analyst
8 6 (12.24%) Java Developer
8 6 (12.24%) Market Risk Business Analyst
9 5 (10.20%) Risk Manager
10 4 (8.16%) Credit Risk Developer
10 4 (8.16%) Market Risk Developer
10 4 (8.16%) Market Risk Project Manager
10 4 (8.16%) Risk Project Manager
11 3 (6.12%) Credit Risk Java Developer
11 3 (6.12%) Finance Modeller
11 3 (6.12%) Market Risk Java Developer
11 3 (6.12%) Senior Data Modeller
11 3 (6.12%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 1 (2.04%) Murex MxML
Miscellaneous
1 15 (30.61%) Credit Risk
2 11 (22.45%) Derivative
2 11 (22.45%) Fixed Income
3 10 (20.41%) Foreign Exchange (FX)
4 6 (12.24%) Equities
5 3 (6.12%) Credit Derivative
5 3 (6.12%) Reference Data
6 2 (4.08%) Analytical Skills
6 2 (4.08%) Data Structures
7 1 (2.04%) Economics
7 1 (2.04%) Equity Derivative
7 1 (2.04%) Management Information System
7 1 (2.04%) Mathematics
7 1 (2.04%) OTC Derivatives
Processes & Methodologies
1 18 (36.73%) Risk Management
2 13 (26.53%) Data Modelling
3 12 (24.49%) Agile Software Development
4 11 (22.45%) Project Management
5 10 (20.41%) Logical Data Model
5 10 (20.41%) Stakeholder Management
6 7 (14.29%) Business Analysis
6 7 (14.29%) SDLC
6 7 (14.29%) Stress Testing
7 6 (12.24%) Analytics
7 6 (12.24%) Requirements Analysis
8 4 (8.16%) Migration
8 4 (8.16%) Scrum
9 3 (6.12%) Multithreading
9 3 (6.12%) Programme Management
10 2 (4.08%) Data Analysis
10 2 (4.08%) Data Architecture
10 2 (4.08%) Test Management
10 2 (4.08%) User Acceptance Testing
10 2 (4.08%) Validation
Programming Languages
1 10 (20.41%) SQL
2 9 (18.37%) Java
3 5 (10.20%) C#
3 5 (10.20%) Haskell
4 4 (8.16%) PL/SQL
4 4 (8.16%) Scala
5 3 (6.12%) ANSI SQL
5 3 (6.12%) Python
6 1 (2.04%) C++
6 1 (2.04%) MATLAB
6 1 (2.04%) T-SQL
Qualifications
1 2 (4.08%) Degree
2 1 (2.04%) CFA
2 1 (2.04%) PMP
Quality Assurance & Compliance
1 3 (6.12%) MiFID
2 2 (4.08%) Basel III
3 1 (2.04%) COREP
3 1 (2.04%) CRD IV
3 1 (2.04%) Dodd-Frank
3 1 (2.04%) EMIR
3 1 (2.04%) QA
Systems Management
1 1 (2.04%) HP Quality Center
Vendors
1 6 (12.24%) Murex
2 4 (8.16%) Oracle
3 3 (6.12%) Sybase
4 2 (4.08%) Algorithmics
5 1 (2.04%) IBM
5 1 (2.04%) Microsoft