The first table below looks at the demand for the Risk Analyst role 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 Risk Analyst in their job title over the 3 months to 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Job Titles advertised for the City of London region.

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
17 May 2013
Same period 2012 Same period 2011
Risk Analyst
Rank 154 122 108
Rank change year-on-year
-32 -14
Contract jobs requiring a Risk Analyst 47 95 161
As % of all contract IT jobs located in the City of London 0.747% 1.221% 1.636%
As % of the Job Titles category 0.807% 1.333% 1.781%
Number of daily rates quoted 24 84 146
Average daily rate £500 £450 £550
Average daily rate % change year-on-year
+11.11% -18.18%
90% offered a daily rate of more than £361 £350 £350
10% offered a daily rate of more than £600 £618 £675
UK excluding London average daily rate £310 £400 £325
% change year-on-year
-22.50% +23.07%
Number of hourly rates quoted 0 1 0
Average hourly rate - £63.50 -
UK excluding London average hourly rate £12.50 - £18.00
All Job Titles
City of London
Contract IT job ads with a match in the
Job Titles category
5827 7127 9041
As % of all contract IT jobs located in the City of London 92.57% 91.61% 91.86%
Number of daily rates quoted 4285 5101 6595
Average daily rate £450 £450 £500
Average daily rate % change year-on-year
- -10.00%
90% offered a daily rate of more than £280 £275 £325
10% offered a daily rate of more than £600 £625 £650
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 138 180 188
Average hourly rate £19.44 £19.00 £19.50
Average hourly rate % change year-on-year
+2.31% -2.56%
90% offered a hourly rate of more than £11.50 £12.50 £12.50
10% offered a hourly rate of more than £135.00 £41.50 £40.20
UK excluding London average hourly rate £17.50 £18.50 £20.00
% change year-on-year
-5.40% -7.50%
Risk Analyst
London

Risk Analyst
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Risk Analyst across the City of London region as a proportion of the total demand within the Job Titles category.

City of London Risk Analyst Jobs Demand Trend

Risk Analyst
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Risk Analyst across the City of London region.

City of London Risk Analyst Daily Rate Trend

Risk Analyst
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Risk Analyst across the City of London region over the 3 months to 17 May 2013.

City of London Risk Analyst Daily Rate Histogram

Risk Analyst
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Risk Analyst across the City of London region.

City of London Risk Analyst Hourly Rate Trend

Risk Analyst
Top 30 Related IT Skills

For the 6 months to 17 May 2013, IT contractor jobs across the City of London region that cited Risk Analyst in their job title 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 with Risk Analyst in their job title.

1 40 (60.61%) Banking
2 31 (46.97%) Market Risk
3 30 (45.45%) Investment Banking
4 26 (39.39%) Credit Risk
5 21 (31.82%) Finance
6 19 (28.79%) Risk Management
6 19 (28.79%) SQL
7 14 (21.21%) UML
8 13 (19.70%) User Acceptance Testing
9 12 (18.18%) Stress Testing
10 11 (16.67%) Business Analysis
11 10 (15.15%) Data Modelling
12 9 (13.64%) C#
12 9 (13.64%) Degree
13 8 (12.12%) Data Analysis
14 7 (10.61%) JIRA
14 7 (10.61%) Java
14 7 (10.61%) Fixed Income
14 7 (10.61%) Change Control
15 6 (9.091%) Test Scripting
15 6 (9.091%) Legal
15 6 (9.091%) Python
15 6 (9.091%) RAD
15 6 (9.091%) Release Management
15 6 (9.091%) Agile Software Development
16 5 (7.576%) Systems Analysis
16 5 (7.576%) Document Management
16 5 (7.576%) Use Case
16 5 (7.576%) RUP
16 5 (7.576%) ClearCase

Risk Analyst
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT contractor jobs across the City of London region that cited Risk Analyst in their job title 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 with Risk Analyst in their job title. Up to 20 skills are shown per category.

Application Development
1 2 (3.030%) .NET
1 2 (3.030%) MDX
2 1 (1.515%) ASP.NET
Application Platforms
1 2 (3.030%) SharePoint
1 2 (3.030%) SAS
Applications
1 1 (1.515%) MS Project
1 1 (1.515%) MS Office
1 1 (1.515%) MS Visio
Business Applications
1 1 (1.515%) Summit
1 1 (1.515%) Adaptiv
Database & Business Intelligence
1 5 (7.576%) SQL Server
2 3 (4.545%) Microsoft Analysis Services
2 3 (4.545%) SQL Server Analysis Services
3 2 (3.030%) SQL Server 2008
3 2 (3.030%) SQL Server Reporting Services
3 2 (3.030%) SQL Server Integration Services
3 2 (3.030%) OLAP
3 2 (3.030%) Data Warehouse
3 2 (3.030%) Data Mining
3 2 (3.030%) BusinessObjects
4 1 (1.515%) TOAD
Development Applications
1 7 (10.61%) JIRA
2 5 (7.576%) ClearCase
3 1 (1.515%) TestDirector
3 1 (1.515%) ERwin
3 1 (1.515%) Balsamiq Mockups
General
1 40 (60.61%) Banking
2 30 (45.45%) Investment Banking
3 21 (31.82%) Finance
4 6 (9.091%) Legal
5 4 (6.061%) Front Office
6 3 (4.545%) Corporate Banking
7 2 (3.030%) Financial Institution
8 1 (1.515%) Advertising
8 1 (1.515%) Wholesale Banking
8 1 (1.515%) Retail Banking
8 1 (1.515%) Retail
8 1 (1.515%) Private Banking
Miscellaneous
1 31 (46.97%) Market Risk
2 26 (39.39%) Credit Risk
3 7 (10.61%) Fixed Income
4 4 (6.061%) Foreign Exchange (FX)
5 3 (4.545%) Management Information System
5 3 (4.545%) Derivative
6 2 (3.030%) Credit Derivative
6 2 (3.030%) Swaptions
7 1 (1.515%) Reference Data
7 1 (1.515%) Data Extraction
7 1 (1.515%) Physics
7 1 (1.515%) Computer Science
7 1 (1.515%) Mainframe
7 1 (1.515%) Equities
Operating Systems
1 1 (1.515%) UNIX
Processes & Methodologies
1 19 (28.79%) Risk Management
2 14 (21.21%) UML
3 13 (19.70%) User Acceptance Testing
4 12 (18.18%) Stress Testing
5 11 (16.67%) Business Analysis
6 10 (15.15%) Data Modelling
7 8 (12.12%) Data Analysis
8 7 (10.61%) Change Control
9 6 (9.091%) Release Management
9 6 (9.091%) Test Scripting
9 6 (9.091%) RAD
9 6 (9.091%) Agile Software Development
10 5 (7.576%) RUP
10 5 (7.576%) Systems Analysis
10 5 (7.576%) Use Case
10 5 (7.576%) Document Management
11 4 (6.061%) Validation
11 4 (6.061%) User Stories
12 3 (4.545%) Monte Carlo Method
12 3 (4.545%) Project Management
Programming Languages
1 19 (28.79%) SQL
2 9 (13.64%) C#
3 7 (10.61%) Java
4 6 (9.091%) Python
5 5 (7.576%) VBA
Qualifications
1 9 (13.64%) Degree
2 1 (1.515%) CGEIT
2 1 (1.515%) Postgraduate
Quality Assurance & Compliance
1 3 (4.545%) Basel II
2 2 (3.030%) QA
3 1 (1.515%) Basel III
3 1 (1.515%) COBIT
3 1 (1.515%) Sarbanes-Oxley
Systems Management
1 3 (4.545%) HP Quality Center
Vendors
1 3 (4.545%) Sybase
1 3 (4.545%) Business Objects
1 3 (4.545%) Murex
1 3 (4.545%) Bloomberg
1 3 (4.545%) Teradata
2 2 (3.030%) Wall Street Systems
2 2 (3.030%) Reuters
2 2 (3.030%) Calypso
2 2 (3.030%) SAP
2 2 (3.030%) Microsoft
3 1 (1.515%) SunGard
3 1 (1.515%) EMC
3 1 (1.515%) iRise
3 1 (1.515%) StatPro
3 1 (1.515%) Symantec
3 1 (1.515%) OpenLink
City of London
The role focus will be around updating current methodology and reviewing implementation of the Wrong Way Risk framework for OTC Derivatives in relation to Counterparty Credit Risk.The...
Rate: Market - Please Quote
Posted: 3 May 2013
City of London
Market Risk AnalystMy top tier investment banking client is currently looking for an experienced Market Risk Analyst to join their team on an initial 6 month contract.
Rate: Market - Please Quote
Posted: 20 April 2013
City, London
We are currently recruiting for an experienced Risk Analyst to join an information assurance project with our prestigious media and broadcasting client... It may well be that you...
Reed Professional Services
Rate: £400 - £450 per day
Posted: 14 May 2013
City of London
Market Risk Analyst - Collateral Haircut**Previous experience applying/calculating collateral haircuts is essential**My top tier investment banking client is currently looking to hire a number of Risk...
Rate: Market - Please Quote
Posted: 10 May 2013
City, London
Our client, a large financial services organisation, currently requires the services of a Planning and Risk Analyst to work on a 3-month initial contract based in Canary...
Experis IT
Rate: £375 - £400 per annum
Posted: 14 May 2013