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 22 May 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
22 May 2015
Same period 2014 Same period 2013
Market Risk
Rank 149 148 101
Rank change year-on-year
-1 -47
Contract jobs citing Market Risk 43 53 122
As % of all contract IT jobs located in the City of London 0.79% 0.89% 1.90%
As % of the Miscellaneous category 2.24% 2.35% 5.15%
Number of daily rates quoted 39 44 83
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £550 £550
Average daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £500 £453 £430
10% offered a daily rate of more than £630 £628 £650
UK excluding London average daily rate £525 £544 £575
% change year-on-year
-3.40% -5.47%
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
1917 2252 2370
As % of all contract IT jobs located in the City of London 35.33% 37.67% 36.86%
Number of daily rates quoted 1497 1736 1782
Average daily rate £475 £475 £475
90% offered a daily rate of more than £281 £290 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 34 21 54
Average hourly rate £21.00 £21.00 £25.00
Average hourly rate % change year-on-year
- -16.00%
90% offered a hourly rate of more than £14.00 £11.30 £15.55
10% offered a hourly rate of more than £54.00 £50.00 £135.00
UK excluding London average hourly rate £19.00 £22.50 £21.83
% change year-on-year
-15.55% +3.06%

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 22 May 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 22 May 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 50 (58.14%) Banking
2 48 (55.81%) Finance
3 37 (43.02%) Investment Banking
4 32 (37.21%) Credit Risk
5 29 (33.72%) Risk Management
6 25 (29.07%) SQL
7 21 (24.42%) Java
8 20 (23.26%) Front Office
9 19 (22.09%) Agile Software Development
10 16 (18.60%) Business Analysis
11 15 (17.44%) Stress Testing
12 13 (15.12%) Monte Carlo Method
12 13 (15.12%) SQL Server
13 11 (12.79%) C#
14 9 (10.47%) C++
14 9 (10.47%) Microsoft
14 9 (10.47%) Project Management
14 9 (10.47%) Regression Testing
15 8 (9.30%) VBA
15 8 (9.30%) Big Data
16 7 (8.14%) Relational Database
16 7 (8.14%) Analytical Skills
16 7 (8.14%) Spring
16 7 (8.14%) Multithreading
16 7 (8.14%) Oracle
16 7 (8.14%) OO
16 7 (8.14%) TDD
17 6 (6.98%) MS Excel
17 6 (6.98%) .NET
17 6 (6.98%) Foreign Exchange (FX)

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

For the 6 months to 22 May 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 4 (4.65%) Oracle Coherence
2 1 (1.16%) Apache Spark
2 1 (1.16%) GemFire
2 1 (1.16%) SharePoint
Applications
1 6 (6.98%) MS Excel
2 5 (5.81%) MS Office
3 4 (4.65%) MS Visio
4 3 (3.49%) MS PowerPoint
5 2 (2.33%) Spreadsheet
Business Applications
1 2 (2.33%) Summit
Communications & Networking
1 2 (2.33%) FTP
Database & Business Intelligence
1 13 (15.12%) SQL Server
2 8 (9.30%) Big Data
3 7 (8.14%) Relational Database
4 6 (6.98%) Hadoop
5 4 (4.65%) MS Access
6 3 (3.49%) SQL Server Analysis Services
6 3 (3.49%) OLAP
6 3 (3.49%) Data Warehouse
7 2 (2.33%) SQL Server Integration Services
7 2 (2.33%) Microsoft Analysis Services
7 2 (2.33%) Data Mining
7 2 (2.33%) RDBMS
7 2 (2.33%) Hazelcast
7 2 (2.33%) SQL Server 2012
7 2 (2.33%) Oracle Database
8 1 (1.16%) OLAP Cube
8 1 (1.16%) Oracle OLAP
8 1 (1.16%) Oracle Database 11g
8 1 (1.16%) NoSQL
8 1 (1.16%) Oracle Database 10g
Development Applications
1 4 (4.65%) Subversion
1 4 (4.65%) Maven
2 3 (3.49%) JUnit
3 1 (1.16%) SpecFlow
3 1 (1.16%) JIRA
3 1 (1.16%) Selenium
3 1 (1.16%) jMock
3 1 (1.16%) Cucumber
General
1 50 (58.14%) Banking
2 48 (55.81%) Finance
3 37 (43.02%) Investment Banking
4 20 (23.26%) Front Office
5 5 (5.81%) Retail
6 4 (4.65%) Legal
7 3 (3.49%) Back Office
7 3 (3.49%) Financial Institution
8 1 (1.16%) Retail Banking
8 1 (1.16%) Corporate Banking
8 1 (1.16%) Telecoms
Job Titles
1 37 (43.02%) Analyst
2 27 (31.40%) Business Analyst
3 25 (29.07%) Developer
4 12 (13.95%) Market Risk Analyst
5 11 (12.79%) Project Manager
5 11 (12.79%) Java Developer
5 11 (12.79%) Risk Analyst
6 9 (10.47%) Senior Developer
7 8 (9.30%) Market Analyst
8 7 (8.14%) Market Risk Business Analyst
8 7 (8.14%) Risk Manager
9 5 (5.81%) Banking Business Analyst
9 5 (5.81%) Credit Risk Analyst
9 5 (5.81%) IT Business Analyst
10 4 (4.65%) Senior Analyst
10 4 (4.65%) Senior Java Developer
10 4 (4.65%) Architect
10 4 (4.65%) Credit Risk Project Manager
11 3 (3.49%) Investment Banking Business Analyst
11 3 (3.49%) Test Analyst
Libraries, Frameworks & Software Standards
1 7 (8.14%) Spring
2 6 (6.98%) .NET
3 4 (4.65%) MDX
4 3 (3.49%) HTML5
4 3 (3.49%) HTML
4 3 (3.49%) ASP.NET
4 3 (3.49%) XML
4 3 (3.49%) ActiveMQ
5 2 (2.33%) JMS
5 2 (2.33%) XBRL
5 2 (2.33%) WCF
5 2 (2.33%) WPF
6 1 (1.16%) Spring Integration
6 1 (1.16%) Gherkin
6 1 (1.16%) Akka
6 1 (1.16%) Apache Camel
6 1 (1.16%) ASP.NET MVC
6 1 (1.16%) SciPy
6 1 (1.16%) NumPy
6 1 (1.16%) Castor
Miscellaneous
1 32 (37.21%) Credit Risk
2 7 (8.14%) Analytical Skills
3 6 (6.98%) Foreign Exchange (FX)
3 6 (6.98%) Derivative
4 5 (5.81%) Equities
4 5 (5.81%) Fixed Income
5 3 (3.49%) Management Information System
5 3 (3.49%) Grid Computing
6 2 (2.33%) Mathematics
6 2 (2.33%) Computer Science
7 1 (1.16%) User Experience
7 1 (1.16%) Equity Derivative
7 1 (1.16%) Physics
7 1 (1.16%) Visualisation
7 1 (1.16%) Data Extraction
7 1 (1.16%) N-Tier
7 1 (1.16%) Credit Derivative
Operating Systems
1 5 (5.81%) Linux
2 4 (4.65%) UNIX
3 3 (3.49%) Windows
Processes & Methodologies
1 29 (33.72%) Risk Management
2 19 (22.09%) Agile Software Development
3 16 (18.60%) Business Analysis
4 15 (17.44%) Stress Testing
5 13 (15.12%) Monte Carlo Method
6 9 (10.47%) Project Management
6 9 (10.47%) Regression Testing
7 7 (8.14%) Multithreading
7 7 (8.14%) OO
7 7 (8.14%) TDD
8 5 (5.81%) User Acceptance Testing
8 5 (5.81%) Greeks
8 5 (5.81%) Continuous Integration
8 5 (5.81%) Analytics
8 5 (5.81%) Data Modelling
8 5 (5.81%) UML
8 5 (5.81%) Asset Management
8 5 (5.81%) Scrum
9 4 (4.65%) Stakeholder Management
9 4 (4.65%) Validation
Programming Languages
1 25 (29.07%) SQL
2 21 (24.42%) Java
3 11 (12.79%) C#
4 9 (10.47%) C++
5 8 (9.30%) VBA
6 5 (5.81%) Python
7 3 (3.49%) C
7 3 (3.49%) JavaScript
7 3 (3.49%) Perl
8 2 (2.33%) PHP
8 2 (2.33%) Scala
9 1 (1.16%) XPath
9 1 (1.16%) Shell Script
9 1 (1.16%) MATLAB
9 1 (1.16%) PL/SQL
9 1 (1.16%) T-SQL
9 1 (1.16%) Korn
Qualifications
1 5 (5.81%) Degree
2 2 (2.33%) Security Cleared
3 1 (1.16%) IIBA
3 1 (1.16%) PRINCE2 Certification
3 1 (1.16%) PMP
3 1 (1.16%) PMI Certification
Quality Assurance & Compliance
1 4 (4.65%) Basel III
2 2 (2.33%) Basel II
2 2 (2.33%) Data Quality
2 2 (2.33%) COREP
2 2 (2.33%) FINREP
3 1 (1.16%) CRD IV
Systems Management
1 2 (2.33%) HP Quality Center
2 1 (1.16%) Control-M
Vendors
1 9 (10.47%) Microsoft
2 7 (8.14%) Oracle
3 4 (4.65%) Sybase
4 1 (1.16%) DataSynapse
4 1 (1.16%) Murex
4 1 (1.16%) Misys
4 1 (1.16%) Bloomberg
4 1 (1.16%) Business Objects
City, London
Aston Carter
Rate: £500 - £750 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £375 - £425 per day
Posted: 4 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 4 days ago
City of London
iKonnect
Rate: £550 - £620 per day
Posted: 5 days ago
City of London
Huxley Banking & Financial Services
Rate: £600 - £700 per day + competitive
Posted: 10 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 13 days ago