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 6 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
6 May 2015
Same period 2014 Same period 2013
Market Risk
Rank 151 159 87
Rank change year-on-year
+8 -72
Contract jobs citing Market Risk 42 53 127
As % of all contract IT jobs located in the City of London 0.76% 0.86% 2.05%
As % of the Miscellaneous category 2.13% 2.27% 5.50%
Number of daily rates quoted 39 44 80
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 £486 £485 £425
10% offered a daily rate of more than £625 £635 £650
UK excluding London average daily rate £525 £565 £575
% change year-on-year
-7.07% -1.73%
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
1972 2334 2308
As % of all contract IT jobs located in the City of London 35.80% 37.71% 37.33%
Number of daily rates quoted 1520 1770 1724
Average daily rate £475 £475 £475
90% offered a daily rate of more than £275 £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 31 33 50
Average hourly rate £21.00 £22.00 £25.00
Average hourly rate % change year-on-year
-4.54% -12.00%
90% offered a hourly rate of more than £14.56 £11.65 £16.35
10% offered a hourly rate of more than £69.40 £46.10 £135.00
UK excluding London average hourly rate £20.00 £22.50 £22.66
% change year-on-year
-11.11% -0.70%

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 6 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 6 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 44 (54.32%) Finance
1 44 (54.32%) Banking
2 32 (39.51%) Investment Banking
3 31 (38.27%) Risk Management
4 29 (35.80%) Credit Risk
5 27 (33.33%) SQL
6 20 (24.69%) Agile Software Development
6 20 (24.69%) Java
7 19 (23.46%) Front Office
8 15 (18.52%) C#
8 15 (18.52%) Business Analysis
9 13 (16.05%) Stress Testing
9 13 (16.05%) Monte Carlo Method
9 13 (16.05%) SQL Server
10 10 (12.35%) Big Data
11 9 (11.11%) Regression Testing
11 9 (11.11%) .NET
11 9 (11.11%) C++
11 9 (11.11%) Microsoft
11 9 (11.11%) Project Management
12 8 (9.88%) Foreign Exchange (FX)
12 8 (9.88%) Oracle
12 8 (9.88%) Hadoop
13 7 (8.64%) Multithreading
13 7 (8.64%) Derivative
13 7 (8.64%) Analytics
13 7 (8.64%) Relational Database
13 7 (8.64%) TDD
14 6 (7.41%) Validation
14 6 (7.41%) Scrum

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

For the 6 months to 6 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 3 (3.70%) Oracle Coherence
2 1 (1.23%) GemFire
2 1 (1.23%) Apache Spark
2 1 (1.23%) Tomcat
2 1 (1.23%) SharePoint
Applications
1 6 (7.41%) MS Excel
2 4 (4.94%) MS Office
3 3 (3.70%) MS Visio
3 3 (3.70%) MS PowerPoint
4 2 (2.47%) Spreadsheet
Business Applications
1 2 (2.47%) Summit
Cloud Services
1 1 (1.23%) Cloud Computing
Communications & Networking
1 2 (2.47%) FTP
Database & Business Intelligence
1 13 (16.05%) SQL Server
2 10 (12.35%) Big Data
3 8 (9.88%) Hadoop
4 7 (8.64%) Relational Database
5 4 (4.94%) MS Access
6 3 (3.70%) SQL Server Analysis Services
6 3 (3.70%) Oracle Database
7 2 (2.47%) Data Warehouse
7 2 (2.47%) RDBMS
7 2 (2.47%) SQL Server Integration Services
8 1 (1.23%) Oracle Database 11g
8 1 (1.23%) SQL Server 2012
8 1 (1.23%) Hazelcast
8 1 (1.23%) MongoDB
8 1 (1.23%) NoSQL
8 1 (1.23%) Redis
8 1 (1.23%) Oracle Database 10g
8 1 (1.23%) Microsoft Analysis Services
8 1 (1.23%) SQL Server Reporting Services
8 1 (1.23%) Data Mining
Development Applications
1 3 (3.70%) Subversion
1 3 (3.70%) Maven
2 1 (1.23%) JIRA
2 1 (1.23%) Selenium
2 1 (1.23%) jMock
2 1 (1.23%) TeamCity
2 1 (1.23%) Cucumber
2 1 (1.23%) SpecFlow
2 1 (1.23%) Artifactory
2 1 (1.23%) JUnit
General
1 44 (54.32%) Finance
1 44 (54.32%) Banking
2 32 (39.51%) Investment Banking
3 19 (23.46%) Front Office
4 5 (6.17%) Retail
5 3 (3.70%) Financial Institution
6 2 (2.47%) Legal
7 1 (1.23%) Back Office
7 1 (1.23%) Telecoms
7 1 (1.23%) Retail Banking
7 1 (1.23%) Corporate Banking
Job Titles
1 32 (39.51%) Analyst
2 25 (30.86%) Developer
3 23 (28.40%) Business Analyst
4 11 (13.58%) Java Developer
5 10 (12.35%) Market Risk Analyst
5 10 (12.35%) Project Manager
5 10 (12.35%) Senior Developer
6 9 (11.11%) Risk Analyst
7 6 (7.41%) Risk Manager
7 6 (7.41%) Market Analyst
7 6 (7.41%) Senior Java Developer
8 5 (6.17%) Banking Business Analyst
8 5 (6.17%) Credit Risk Analyst
8 5 (6.17%) Market Risk Business Analyst
9 4 (4.94%) IT Business Analyst
9 4 (4.94%) C# Developer
10 3 (3.70%) Senior Test Analyst
10 3 (3.70%) Senior Analyst
10 3 (3.70%) Test Analyst
10 3 (3.70%) Credit Risk Business Analyst
Libraries, Frameworks & Software Standards
1 9 (11.11%) .NET
2 5 (6.17%) HTML
2 5 (6.17%) HTML5
3 4 (4.94%) Spring
3 4 (4.94%) WCF
3 4 (4.94%) WPF
3 4 (4.94%) ASP.NET
4 2 (2.47%) J2EE
4 2 (2.47%) JMS
4 2 (2.47%) XBRL
4 2 (2.47%) MDX
4 2 (2.47%) ASP.NET MVC
5 1 (1.23%) WF
5 1 (1.23%) Castor
5 1 (1.23%) JPA
5 1 (1.23%) Hibernate
5 1 (1.23%) STL
5 1 (1.23%) XML
5 1 (1.23%) XSLT
5 1 (1.23%) Swing
Miscellaneous
1 29 (35.80%) Credit Risk
2 8 (9.88%) Foreign Exchange (FX)
3 7 (8.64%) Derivative
4 6 (7.41%) Analytical Skills
4 6 (7.41%) Equities
5 4 (4.94%) Management Information System
6 3 (3.70%) Fixed Income
7 2 (2.47%) Grid Computing
7 2 (2.47%) Equity Derivative
7 2 (2.47%) Mathematics
7 2 (2.47%) Computer Science
8 1 (1.23%) N-Tier
8 1 (1.23%) Credit Derivative
8 1 (1.23%) Visualisation
8 1 (1.23%) User Experience
8 1 (1.23%) Physics
Operating Systems
1 5 (6.17%) Linux
2 3 (3.70%) UNIX
2 3 (3.70%) Windows
Processes & Methodologies
1 31 (38.27%) Risk Management
2 20 (24.69%) Agile Software Development
3 15 (18.52%) Business Analysis
4 13 (16.05%) Stress Testing
4 13 (16.05%) Monte Carlo Method
5 9 (11.11%) Project Management
5 9 (11.11%) Regression Testing
6 7 (8.64%) TDD
6 7 (8.64%) Multithreading
6 7 (8.64%) Analytics
7 6 (7.41%) Scrum
7 6 (7.41%) Validation
7 6 (7.41%) OO
8 5 (6.17%) Data Modelling
8 5 (6.17%) Continuous Integration
8 5 (6.17%) Greeks
9 4 (4.94%) Test Automation
9 4 (4.94%) User Acceptance Testing
9 4 (4.94%) BDD
9 4 (4.94%) UML
Programming Languages
1 27 (33.33%) SQL
2 20 (24.69%) Java
3 15 (18.52%) C#
4 9 (11.11%) C++
5 6 (7.41%) VBA
6 5 (6.17%) Python
7 4 (4.94%) JavaScript
8 3 (3.70%) C
8 3 (3.70%) Scala
9 2 (2.47%) Perl
9 2 (2.47%) PHP
9 2 (2.47%) PL/SQL
10 1 (1.23%) T-SQL
10 1 (1.23%) Shell Script
10 1 (1.23%) MATLAB
10 1 (1.23%) Korn
10 1 (1.23%) XPath
Qualifications
1 4 (4.94%) Degree
2 2 (2.47%) Security Cleared
3 1 (1.23%) IIBA
3 1 (1.23%) PhD
3 1 (1.23%) PRINCE2 Certification
3 1 (1.23%) PMP
3 1 (1.23%) PMI Certification
Quality Assurance & Compliance
1 4 (4.94%) Basel III
2 2 (2.47%) COREP
2 2 (2.47%) FINREP
2 2 (2.47%) Basel II
3 1 (1.23%) Data Quality
3 1 (1.23%) EMIR
3 1 (1.23%) CRD IV
Systems Management
1 2 (2.47%) HP Quality Center
2 1 (1.23%) Control-M
Vendors
1 9 (11.11%) Microsoft
2 8 (9.88%) Oracle
3 5 (6.17%) Sybase
4 1 (1.23%) Business Objects
4 1 (1.23%) Murex
4 1 (1.23%) Misys
4 1 (1.23%) Bloomberg
4 1 (1.23%) DataSynapse
City, London
Aston Carter
Rate: £400 - £500 per day
Posted: Yesterday
City of London
iKonnect
Rate: £550 - £610 per day
Posted: 13 days ago
City of London
The People Network
Rate: £450 - £550 per day
Posted: 23 days ago