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 26 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
26 May 2016
Same period 2015 Same period 2014
Market Risk
Rank 141 159 158
Rank change year-on-year
+18 -1
Contract jobs citing Market Risk 20 42 56
As % of all contract IT jobs located in the City of London 0.60% 0.77% 0.94%
As % of the Miscellaneous category 1.56% 2.10% 2.43%
Number of daily rates quoted 14 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 £613 £514 £456
10% offered a daily rate of more than £680 £633 £644
UK excluding London median daily rate £500 £513 £544
% change year-on-year
-2.43% -5.70%
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
1285 1997 2301
As % of all contract IT jobs located in the City of London 38.58% 36.76% 38.47%
Number of daily rates quoted 1058 1558 1758
Median daily rate £475 £475 £475
90% offered a daily rate of more than £300 £275 £290
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 18 33 28
Median hourly rate £19.00 £20.83 £21.00
Median hourly rate % change year-on-year
-8.79% -0.79%
90% offered a hourly rate of more than £12.50 £14.00 £12.10
10% offered a hourly rate of more than £50.00 £53.85 £50.00
UK excluding London median hourly rate £21.50 £17.50 £20.50
% change year-on-year
+22.85% -14.63%

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 26 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 26 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 26 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 37 (68.52%) Banking
2 29 (53.70%) Finance
3 27 (50.00%) Investment Banking
4 20 (37.04%) Credit Risk
5 18 (33.33%) Risk Management
6 16 (29.63%) SQL
6 16 (29.63%) Data Warehouse
7 14 (25.93%) Business Analysis
7 14 (25.93%) Derivative
7 14 (25.93%) Agile Software Development
8 13 (24.07%) Stress Testing
9 12 (22.22%) Front Office
9 12 (22.22%) Data Modelling
10 11 (20.37%) Fixed Income
11 10 (18.52%) Project Management
12 9 (16.67%) SDLC
12 9 (16.67%) Logical Data Model
13 8 (14.81%) Stakeholder Management
13 8 (14.81%) Star Schema
13 8 (14.81%) C#
13 8 (14.81%) SQL Server
14 7 (12.96%) Foreign Exchange (FX)
15 6 (11.11%) Sybase
15 6 (11.11%) Java
15 6 (11.11%) Credit Derivative
16 5 (9.26%) Relational Database
16 5 (9.26%) Requirements Analysis
16 5 (9.26%) XML
16 5 (9.26%) PowerDesigner
16 5 (9.26%) Oracle

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 (1.85%) Node.js
1 1 (1.85%) SAS
Applications
1 2 (3.70%) MS Visio
2 1 (1.85%) MS Office
Database & Business Intelligence
1 16 (29.63%) Data Warehouse
2 8 (14.81%) SQL Server
2 8 (14.81%) Star Schema
3 5 (9.26%) Relational Database
4 3 (5.56%) Data Mining
4 3 (5.56%) Oracle Database
4 3 (5.56%) Oracle Database 10g
4 3 (5.56%) Oracle Database 11g
4 3 (5.56%) RDBMS
5 1 (1.85%) Big Data
5 1 (1.85%) Data Mart
5 1 (1.85%) NoSQL
5 1 (1.85%) SQL Server Analysis Services
5 1 (1.85%) SQL Server Integration Services
Development Applications
1 5 (9.26%) PowerDesigner
2 2 (3.70%) Maven
3 1 (1.85%) Grunt
3 1 (1.85%) Jasmine
3 1 (1.85%) JIRA
3 1 (1.85%) Mocha
3 1 (1.85%) Subversion
General
1 37 (68.52%) Banking
2 29 (53.70%) Finance
3 27 (50.00%) Investment Banking
4 12 (22.22%) Front Office
5 2 (3.70%) Advertising
Job Titles
1 18 (33.33%) Business Analyst
2 17 (31.48%) Analyst
3 14 (25.93%) Developer
4 13 (24.07%) Risk Analyst
4 13 (24.07%) Risk Business Analyst
5 9 (16.67%) Data Modeller
5 9 (16.67%) Market Risk Analyst
5 9 (16.67%) Market Risk Business Analyst
6 7 (12.96%) Project Manager
7 6 (11.11%) Market Risk Developer
8 5 (9.26%) Banking Analyst
8 5 (9.26%) IT Business Analyst
9 4 (7.41%) Business IT Analyst
9 4 (7.41%) Credit Risk Developer
9 4 (7.41%) IT Analyst
9 4 (7.41%) IT Risk Analyst
9 4 (7.41%) Java Developer
9 4 (7.41%) Market Risk Project Manager
9 4 (7.41%) Risk Manager
9 4 (7.41%) Risk Project Manager
Libraries, Frameworks & Software Standards
1 5 (9.26%) XML
2 3 (5.56%) .NET
3 2 (3.70%) Ajax
3 2 (3.70%) AngularJS
3 2 (3.70%) ASP.NET
3 2 (3.70%) HTML
3 2 (3.70%) HTML5
3 2 (3.70%) WPF
4 1 (1.85%) .NET Framework
4 1 (1.85%) ActiveMQ
4 1 (1.85%) CSS
4 1 (1.85%) CSS3
4 1 (1.85%) JSON
4 1 (1.85%) Murex MxML
4 1 (1.85%) RESTful
4 1 (1.85%) Spring
4 1 (1.85%) WCF
4 1 (1.85%) Web Services
4 1 (1.85%) WebSockets
4 1 (1.85%) XHTML
Miscellaneous
1 20 (37.04%) Credit Risk
2 14 (25.93%) Derivative
3 11 (20.37%) Fixed Income
4 7 (12.96%) Foreign Exchange (FX)
5 6 (11.11%) Credit Derivative
6 3 (5.56%) Data Structures
6 3 (5.56%) Equities
6 3 (5.56%) OTC Derivatives
7 2 (3.70%) Analytical Skills
7 2 (3.70%) Reference Data
8 1 (1.85%) Computer Science
8 1 (1.85%) Economics
8 1 (1.85%) Equity Derivative
8 1 (1.85%) Grid Computing
8 1 (1.85%) Management Information System
8 1 (1.85%) Mathematics
8 1 (1.85%) User Experience
Operating Systems
1 1 (1.85%) Linux
1 1 (1.85%) Unix
1 1 (1.85%) Windows
Processes & Methodologies
1 18 (33.33%) Risk Management
2 14 (25.93%) Agile Software Development
2 14 (25.93%) Business Analysis
3 13 (24.07%) Stress Testing
4 12 (22.22%) Data Modelling
5 10 (18.52%) Project Management
6 9 (16.67%) Logical Data Model
6 9 (16.67%) SDLC
7 8 (14.81%) Stakeholder Management
8 5 (9.26%) Requirements Analysis
8 5 (9.26%) Scrum
9 4 (7.41%) Analytics
9 4 (7.41%) Data Analysis
10 3 (5.56%) Change Management
10 3 (5.56%) Migration
10 3 (5.56%) Monte Carlo Method
10 3 (5.56%) User Acceptance Testing
11 2 (3.70%) Programme Management
11 2 (3.70%) TDD
11 2 (3.70%) Validation
Programming Languages
1 16 (29.63%) SQL
2 8 (14.81%) C#
3 6 (11.11%) Java
4 3 (5.56%) ANSI SQL
4 3 (5.56%) PL/SQL
4 3 (5.56%) Python
5 2 (3.70%) C++
5 2 (3.70%) Haskell
5 2 (3.70%) JavaScript
6 1 (1.85%) Korn
6 1 (1.85%) MATLAB
6 1 (1.85%) Shell Script
6 1 (1.85%) T-SQL
Qualifications
1 3 (5.56%) Degree
2 1 (1.85%) CFA
2 1 (1.85%) PMI Certification
2 1 (1.85%) PMP
Quality Assurance & Compliance
1 2 (3.70%) MiFID
2 1 (1.85%) COREP
2 1 (1.85%) CRD IV
2 1 (1.85%) Dodd-Frank
2 1 (1.85%) EMIR
2 1 (1.85%) QA
Systems Management
1 1 (1.85%) Control-M
Vendors
1 6 (11.11%) Sybase
2 5 (9.26%) Oracle
3 4 (7.41%) Algorithmics
3 4 (7.41%) Murex
4 2 (3.70%) IBM
5 1 (1.85%) Bloomberg
5 1 (1.85%) Reuters
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: Yesterday