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 21 February 2017 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
21 Feb 2017
Same period 2016 Same period 2015
Market Risk
London / City of London
Rank 120 122 151
Rank change year-on-year
+2 +29
Contract jobs citing Market Risk 33 28 40
As % of all contract IT jobs located in the City of London 1.12% 0.89% 0.78%
As % of the Miscellaneous category 3.21% 2.35% 2.10%
Number of daily rates quoted 27 26 37
Median daily rate £615 £555 £575
Median daily rate % change year-on-year
+10.81% -3.47%
90% offered a daily rate of more than £520 £494 £446
10% offered a daily rate of more than £700 £750 £650
UK excluding London median daily rate £623 £525 £400
% change year-on-year
+18.57% +31.25%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
1028 1194 1906
As % of all contract IT jobs located in the City of London 34.86% 38.04% 37.15%
Number of daily rates quoted 788 922 1492
Median daily rate £510 £500 £475
Median daily rate % change year-on-year
+2.00% +5.26%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £650 £675 £625
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 7 27 31
Median hourly rate £20.38 £19.50 £17.87
Median hourly rate % change year-on-year
+4.51% +9.12%
90% offered a hourly rate of more than £15.92 £12.00 £13.25
10% offered a hourly rate of more than £55.00 £31.12 £26.21
UK excluding London median hourly rate £17.00 £22.50 £18.00
% change year-on-year
-24.44% +25.00%

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 21 February 2017.

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 21 February 2017, 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 44 (62.86%) Finance
2 38 (54.29%) Banking
3 27 (38.57%) Front Office
4 26 (37.14%) Risk Management
4 26 (37.14%) Java
5 25 (35.71%) Foreign Exchange (FX)
6 24 (34.29%) Agile Software Development
7 19 (27.14%) Credit Risk
7 19 (27.14%) Analytics
8 18 (25.71%) Derivative
9 17 (24.29%) Big Data
9 17 (24.29%) Hadoop
10 16 (22.86%) Scala
11 15 (21.43%) Investment Banking
11 15 (21.43%) Scrum
12 14 (20.00%) Equities
12 14 (20.00%) Apache Spark
12 14 (20.00%) Mathematics
12 14 (20.00%) Multithreading
13 13 (18.57%) SQL
14 11 (15.71%) C++
15 9 (12.86%) TDD
15 9 (12.86%) Fixed Income
15 9 (12.86%) Concurrent Programming
15 9 (12.86%) Analytical Skills
15 9 (12.86%) Data Lake
15 9 (12.86%) Haskell
15 9 (12.86%) Apache Cassandra
16 8 (11.43%) SDLC
16 8 (11.43%) Degree

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 14 (20.00%) Apache Spark
2 5 (7.14%) Apache Pig
2 5 (7.14%) Oracle Coherence
3 4 (5.71%) DataSynapse
4 1 (1.43%) JBoss
4 1 (1.43%) SAS
4 1 (1.43%) WebLogic
Applications
1 4 (5.71%) MS Office
2 2 (2.86%) MS Excel
3 1 (1.43%) MS Project
3 1 (1.43%) MS Visio
Business Applications
1 1 (1.43%) Adaptiv
1 1 (1.43%) Findur
1 1 (1.43%) SAP Oil and Gas
1 1 (1.43%) Sylvan
Communications & Networking
1 1 (1.43%) Internet
Database & Business Intelligence
1 17 (24.29%) Big Data
1 17 (24.29%) Hadoop
2 9 (12.86%) Apache Cassandra
2 9 (12.86%) Data Lake
3 8 (11.43%) SQL Server
4 5 (7.14%) Data Warehouse
4 5 (7.14%) HBase
5 2 (2.86%) Oracle Database
5 2 (2.86%) Power BI
5 2 (2.86%) SQL Server Reporting Services
6 1 (1.43%) BusinessObjects
6 1 (1.43%) Hazelcast
6 1 (1.43%) SQL Server Analysis Services
Development Applications
1 7 (10.00%) JIRA
2 5 (7.14%) Subversion
3 4 (5.71%) Cucumber
3 4 (5.71%) Git (software)
3 4 (5.71%) Jenkins
3 4 (5.71%) JSUnit
3 4 (5.71%) JUnit
3 4 (5.71%) PHPUnit
3 4 (5.71%) Team Foundation Server
3 4 (5.71%) Visual Studio
General
1 44 (62.86%) Finance
2 38 (54.29%) Banking
3 27 (38.57%) Front Office
4 15 (21.43%) Investment Banking
5 3 (4.29%) Financial Institution
6 1 (1.43%) French Language
6 1 (1.43%) Legal
6 1 (1.43%) Marketing
Job Titles
1 37 (52.86%) Developer
2 20 (28.57%) Java Developer
3 19 (27.14%) Market Risk Developer
4 18 (25.71%) Senior Developer
5 17 (24.29%) Market Risk Java Developer
6 16 (22.86%) Business Analyst
6 16 (22.86%) Risk Business Analyst
7 15 (21.43%) Analyst
7 15 (21.43%) Risk Analyst
8 13 (18.57%) Senior Java Developer
9 12 (17.14%) Market Risk Analyst
9 12 (17.14%) Market Risk Business Analyst
9 12 (17.14%) Senior Market Risk Java Developer
10 9 (12.86%) Architect
11 7 (10.00%) C++ Developer
11 7 (10.00%) Solutions Architect
12 6 (8.57%) Front Office Developer
13 5 (7.14%) IT Business Analyst
13 5 (7.14%) Market Analyst
13 5 (7.14%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 4 (5.71%) RESTful
1 4 (5.71%) XML
2 3 (4.29%) .NET
2 3 (4.29%) WPF
3 2 (2.86%) CORBA
3 2 (2.86%) J2EE
3 2 (2.86%) STL
3 2 (2.86%) WCF
3 2 (2.86%) Web Services
4 1 (1.43%) AngularJS
4 1 (1.43%) Backbone.js
4 1 (1.43%) CSS
4 1 (1.43%) CSS3
4 1 (1.43%) HTML
4 1 (1.43%) HTML5
4 1 (1.43%) jQuery
4 1 (1.43%) JSP
4 1 (1.43%) Node.js
4 1 (1.43%) Spring
4 1 (1.43%) XSD
Miscellaneous
1 25 (35.71%) Foreign Exchange (FX)
2 19 (27.14%) Credit Risk
3 18 (25.71%) Derivative
4 14 (20.00%) Equities
5 9 (12.86%) Analytical Skills
5 9 (12.86%) Fixed Income
6 3 (4.29%) Computer Science
6 3 (4.29%) Credit Derivative
7 2 (2.86%) Management Information System
7 2 (2.86%) Virtual Team
8 1 (1.43%) Grid Computing
8 1 (1.43%) N-Tier
8 1 (1.43%) PMI
8 1 (1.43%) Reference Data
8 1 (1.43%) Tandem
8 1 (1.43%) Taxonomies
Operating Systems
1 2 (2.86%) Windows
Processes & Methodologies
1 26 (37.14%) Risk Management
2 24 (34.29%) Agile Software Development
3 19 (27.14%) Analytics
4 15 (21.43%) Scrum
5 14 (20.00%) Mathematics
5 14 (20.00%) Multithreading
6 9 (12.86%) Concurrent Programming
6 9 (12.86%) TDD
7 8 (11.43%) SDLC
8 6 (8.57%) Business Analysis
8 6 (8.57%) Data Architecture
8 6 (8.57%) Monte Carlo Method
8 6 (8.57%) Stress Testing
9 5 (7.14%) BDD
9 5 (7.14%) Data Modelling
9 5 (7.14%) OO
10 4 (5.71%) Business Intelligence
10 4 (5.71%) Collateral Management
10 4 (5.71%) Credit Risk Management
10 4 (5.71%) Mathematical Modelling
Programming Languages
1 26 (37.14%) Java
2 16 (22.86%) Scala
3 13 (18.57%) SQL
4 11 (15.71%) C++
5 9 (12.86%) Haskell
6 7 (10.00%) C#
6 7 (10.00%) Python
7 6 (8.57%) MATLAB
8 1 (1.43%) JavaScript
8 1 (1.43%) PL/SQL
8 1 (1.43%) VB
Qualifications
1 8 (11.43%) Degree
2 2 (2.86%) PhD
3 1 (1.43%) CFA
3 1 (1.43%) MBA
3 1 (1.43%) PMI Certification
Quality Assurance & Compliance
1 7 (10.00%) Dodd-Frank
2 2 (2.86%) Basel II
2 2 (2.86%) Basel III
3 1 (1.43%) Data Quality
3 1 (1.43%) EMIR
3 1 (1.43%) FATCA
3 1 (1.43%) MiFID
System Software
1 4 (5.71%) HDFS
Systems Management
1 4 (5.71%) Puppet
Vendors
1 8 (11.43%) Oracle
2 4 (5.71%) Microsoft
3 3 (4.29%) Murex
4 1 (1.43%) BISAM
4 1 (1.43%) Cloudera
4 1 (1.43%) FactSet
4 1 (1.43%) SAP
4 1 (1.43%) StatPro
4 1 (1.43%) Vertica
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £550 per annum
Posted: 8 hours ago