City of London Risk Management Contracts

This section looks at the demand for Risk Management skills within the City of London region with a comparison to our Processes & Methodologies category. Included is a guide to the contractor rates offered in IT jobs that have cited Risk Management over the 3 months to 25 July 2008 with a comparison to the same period last year.

Risk Management
Location Alderley Edge Andover Basingstoke Belfast Berkshire Birmingham Blackpool Bracknell Brentford Bridgend Bristol Buckinghamshire Canary Wharf Cardiff Cheltenham Cheshire Chester City of London County Antrim Coventry Dartford Derby Derbyshire Devon Docklands, London East Midlands East of England East Sussex Edinburgh England Essex Exeter Fareham Glasgow Gloucestershire Guildford Halifax Hampshire Hertfordshire High Wycombe Ipswich Kent Knutsford Lancashire Leeds Leicester Leicestershire Liverpool London M4 Corridor Maidenhead Manchester Merseyside Middlesex Midlands Milton Keynes Newbury Newcastle Norfolk North East North West Northampton Northamptonshire Northern Ireland Norwich Nottingham Nottinghamshire Oxford Oxfordshire Petersfield Portsmouth Preston Reading Salisbury Sandwich Scotland Sheffield Shropshire Solihull Somerset South East South Wales South West South Yorkshire Southwark Staines Stevenage Street Suffolk Sunbury-on-Thames Surrey Swindon Telford Tyne and Wear UK Uxbridge Wales Warrington Warwickshire West Midlands West Yorkshire Wiltshire Worcestershire Yeovil Yorkshire	3 months to 25 Jul 2008	Same period last year
Rank	60	45
Rank change on same period last year	-15
Matching contract IT job ads	234	257
As % of all UK contract IT job ads sampled	0.312 %	0.260 %
As % of the category below	4.813 %	7.366 %
Daily rates quoted	130	134
Average minimum daily rate	£485	£512
Average daily rate	£527	£546
% change on same period last year	-3.46 %
Average maximum daily rate	£570	£581
UK excluding London average daily rate	£408	£397
% change on same period last year	+2.88 %
Hourly rates quoted	1	1
Average minimum hourly rate	£40.00	£25.00
Average hourly rate	£41.50	£25.00
% change on same period last year	+66.00 %
Average maximum hourly rate	£43.00	£25.00
UK excluding London average hourly rate	£32.36	£40.48
% change on same period last year	-20.06 %
Processes & Methodologies City of London
Matching contract IT job ads	4862	3489
As % of all UK contract IT job ads sampled	6.481 %	3.530 %
Daily rates quoted	2731	1590
Average minimum daily rate	£426	£449
Average daily rate	£468	£485
% change on same period last year	-3.61 %
Average maximum daily rate	£509	£521
UK excluding London average daily rate	£380	£376
% change on same period last year	+1.21 %
Hourly rates quoted	103	76
Average minimum hourly rate	£26.96	£25.60
Average hourly rate	£29.14	£27.96
% change on same period last year	+4.19 %
Average maximum hourly rate	£31.32	£30.32
UK excluding London average hourly rate	£29.33	£30.16
% change on same period last year	-2.72 %
Risk Management London

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Risk Management
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Risk Management across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Risk Management
Daily Rate Trend

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

Risk Management
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Risk Management across the City of London region over the 3 months to 25 July 2008.

Risk Management
Hourly Rate Trend

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

Risk Management
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT contractor jobs across the City of London region citing Risk Management 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 Risk Management.

1 236 (45.83 %) Banking 2 177 (34.37 %) Investment Banking 3 166 (32.23 %) Finance 4 161 (31.26 %) Derivative 5 132 (25.63 %) Front Office 6 99 (19.22 %) Credit Risk 7 92 (17.86 %) Java 8 90 (17.48 %) SQL 8 90 (17.48 %) Market Risk 9 74 (14.37 %) C# 10 72 (13.98 %) Foreign Exchange (FX) 11 62 (12.04 %) Project Management 11 62 (12.04 %) Credit Derivative 12 61 (11.84 %) Oracle 12 61 (11.84 %) UNIX

13 49 (9.515 %) C++ 14 47 (9.126 %) VBA 15 46 (8.932 %) .NET 16 45 (8.738 %) Equity Derivative 17 41 (7.961 %) Fixed Income 18 39 (7.573 %) SQL Server 19 38 (7.379 %) Business Analysis 20 32 (6.214 %) Sybase 21 31 (6.019 %) OO 22 28 (5.437 %) Back Office 23 27 (5.243 %) PRINCE2 24 25 (4.854 %) Hibernate 25 24 (4.660 %) User Acceptance Testing 26 23 (4.466 %) Equities 26 23 (4.466 %) Windows

Risk Management
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT contractor jobs across the City of London region citing Risk Management 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 Risk Management. Up to 20 skills are shown per category.

Application Development 1 46 (8.932 %) .NET 2 25 (4.854 %) Hibernate 3 19 (3.689 %) XML 4 17 (3.301 %) WinForms 5 16 (3.107 %) Spring 6 12 (2.330 %) ASP.NET 7 11 (2.136 %) Oracle Coherence 8 7 (1.359 %) JMS 8 7 (1.359 %) AJAX 8 7 (1.359 %) JDBC 9 6 (1.165 %) XSLT 9 6 (1.165 %) WebServices 10 5 (0.971 %) Struts 11 4 (0.777 %) Swing 11 4 (0.777 %) J2EE 11 4 (0.777 %) ASP 11 4 (0.777 %) Middleware 12 3 (0.583 %) Java RMI 12 3 (0.583 %) JSP 12 3 (0.583 %) CORBA	Application Platforms 1 10 (1.942 %) SharePoint 2 5 (0.971 %) Rendezvous 2 5 (0.971 %) Tomcat 3 3 (0.583 %) IIS 3 3 (0.583 %) LiveLink 4 2 (0.388 %) TIBCO EMS 4 2 (0.388 %) Mule 5 1 (0.194 %) Oracle Workflow 5 1 (0.194 %) WPS 5 1 (0.194 %) Lotus Notes 5 1 (0.194 %) Apache 5 1 (0.194 %) MQSeries 5 1 (0.194 %) SAP Web AS 5 1 (0.194 %) MS Exchange 5 1 (0.194 %) SAS
Applications 1 21 (4.078 %) MS Office 2 17 (3.301 %) MS Excel 3 11 (2.136 %) MS Project 4 9 (1.748 %) Spreadsheet 5 8 (1.553 %) MS Visio 6 5 (0.971 %) MS PowerPoint 7 1 (0.194 %) CA Clarity 7 1 (0.194 %) MATLAB	Business Applications 1 19 (3.689 %) Summit 2 4 (0.777 %) Endur 2 4 (0.777 %) Global One 2 4 (0.777 %) FRONT ARENA 3 2 (0.388 %) RMDS 3 2 (0.388 %) Kondor+ 3 2 (0.388 %) Oracle Financials 3 2 (0.388 %) Adaptiv 4 1 (0.194 %) Microsoft CRM 4 1 (0.194 %) Loan IQ
Communications & Networking 1 11 (2.136 %) Firewall 2 7 (1.359 %) TCP/IP 3 5 (0.971 %) Intranet 3 5 (0.971 %) VoIP 4 4 (0.777 %) WAN 5 3 (0.583 %) LAN 5 3 (0.583 %) Internet 5 3 (0.583 %) MPLS 5 3 (0.583 %) VPN 5 3 (0.583 %) DNS 6 2 (0.388 %) MGCP 6 2 (0.388 %) SS7 6 2 (0.388 %) PSTN 6 2 (0.388 %) SDH 6 2 (0.388 %) UMTS 6 2 (0.388 %) WLAN 6 2 (0.388 %) GPRS 6 2 (0.388 %) GSM 6 2 (0.388 %) ISDN 6 2 (0.388 %) Megaco	Database & Business Intelligence 1 39 (7.573 %) SQL Server 2 14 (2.718 %) Datawarehouse 2 14 (2.718 %) SQL Server 2005 3 9 (1.748 %) MS Access 4 8 (1.553 %) SQL Server Integration Services 5 6 (1.165 %) RDBMS 5 6 (1.165 %) SQL Server 2000 6 5 (0.971 %) Microsoft Analysis Services 6 5 (0.971 %) SQL Server Reporting Services 6 5 (0.971 %) SQL Server Analysis Services 7 3 (0.583 %) SQL Server 7 7 3 (0.583 %) OLAP 8 2 (0.388 %) DB2 8 2 (0.388 %) DTS 8 2 (0.388 %) Oracle Reports 8 2 (0.388 %) Oracle 8/8i 8 2 (0.388 %) Oracle 10g 9 1 (0.194 %) BusinessObjects 9 1 (0.194 %) GIS 9 1 (0.194 %) Siebel EIM
Development Applications 1 9 (1.748 %) Ant 2 6 (1.165 %) Eclipse 3 4 (0.777 %) TestDirector 3 4 (0.777 %) Log4Net 3 4 (0.777 %) NUnit 4 3 (0.583 %) Log4j 4 3 (0.583 %) Subversion 4 3 (0.583 %) Visual Studio 5 2 (0.388 %) VSS/SourceSafe 5 2 (0.388 %) CruiseControl 5 2 (0.388 %) JUnit 6 1 (0.194 %) Flash 6 1 (0.194 %) Rational Rose 6 1 (0.194 %) LoadRunner 6 1 (0.194 %) RequisitePro	General 1 236 (45.83 %) Banking 2 177 (34.37 %) Investment Banking 3 166 (32.23 %) Finance 4 132 (25.63 %) Front Office 5 28 (5.437 %) Back Office 6 14 (2.718 %) Government 7 9 (1.748 %) Insurance 7 9 (1.748 %) Financial Institution 8 7 (1.359 %) Legal 9 5 (0.971 %) Telecoms 10 4 (0.777 %) Education 11 3 (0.583 %) Health 11 3 (0.583 %) Retail 12 2 (0.388 %) Retail Banking 12 2 (0.388 %) Corporate Banking 12 2 (0.388 %) Private Banking 12 2 (0.388 %) Online Banking 12 2 (0.388 %) Marketing 12 2 (0.388 %) Law 13 1 (0.194 %) Electric
Job Titles 1 229 (44.47 %) Analyst 2 141 (27.38 %) Business Analyst 3 137 (26.60 %) Developer 4 65 (12.62 %) Project Manager 5 60 (11.65 %) Risk Analyst 6 48 (9.320 %) Java Developer 7 42 (8.155 %) Credit Risk Analyst 8 34 (6.602 %) Credit Risk Business Analyst 9 31 (6.019 %) C# Developer 10 29 (5.631 %) Market Risk Analyst 11 27 (5.243 %) Credit Analyst 12 18 (3.495 %) Banking Business Analyst 12 18 (3.495 %) Market Analyst 13 17 (3.301 %) Market Risk Business Analyst 13 17 (3.301 %) Support Analyst 14 16 (3.107 %) Excel Developer 14 16 (3.107 %) Investment Banking Business Analyst 15 15 (2.913 %) Programmer 16 14 (2.718 %) Analyst Programmer 16 14 (2.718 %) C++ Developer	Miscellaneous 1 161 (31.26 %) Derivative 2 99 (19.22 %) Credit Risk 3 90 (17.48 %) Market Risk 4 72 (13.98 %) Foreign Exchange (FX) 5 62 (12.04 %) Credit Derivative 6 45 (8.738 %) Equity Derivative 7 41 (7.961 %) Fixed Income 8 23 (4.466 %) Equities 9 22 (4.272 %) Interest Rate Derivative 10 16 (3.107 %) Multithreading 11 11 (2.136 %) Mathematics 12 9 (1.748 %) Management Information System 13 8 (1.553 %) Grid Computing 13 8 (1.553 %) N-Tier 14 7 (1.359 %) PKI 14 7 (1.359 %) Hybrid Derivative 15 6 (1.165 %) Replication 16 4 (0.777 %) Statistics 16 4 (0.777 %) Data Extraction 17 3 (0.583 %) RMADS
Operating Systems 1 61 (11.84 %) UNIX 2 23 (4.466 %) Windows 3 22 (4.272 %) Linux 4 6 (1.165 %) Solaris 4 6 (1.165 %) AIX 5 5 (0.971 %) Windows XP 6 2 (0.388 %) HPUX 7 1 (0.194 %) MVS	Processes & Methodologies 1 62 (12.04 %) Project Management 2 38 (7.379 %) Business Analysis 3 31 (6.019 %) OO 4 27 (5.243 %) PRINCE2 5 24 (4.660 %) User Acceptance Testing 6 20 (3.883 %) Monte Carlo Method 7 17 (3.301 %) Information Security 8 16 (3.107 %) Project Planning 9 15 (2.913 %) Change Management 9 15 (2.913 %) UML 9 15 (2.913 %) ITIL 10 14 (2.718 %) Data Analysis 11 13 (2.524 %) RAD 11 13 (2.524 %) E-Commerce 12 12 (2.330 %) Workflow 13 11 (2.136 %) GAP Analysis 13 11 (2.136 %) Risk Assessment 14 10 (1.942 %) Release Management 14 10 (1.942 %) Agile Software Development 14 10 (1.942 %) Asset Management
Programming Languages 1 92 (17.86 %) Java 2 90 (17.48 %) SQL 3 74 (14.37 %) C# 4 49 (9.515 %) C++ 5 47 (9.126 %) VBA 6 22 (4.272 %) Perl 7 21 (4.078 %) PL/SQL 8 16 (3.107 %) C 9 11 (2.136 %) VB 10 10 (1.942 %) Shell Script 11 7 (1.359 %) VB6 11 7 (1.359 %) JavaScript 12 4 (0.777 %) Transact-SQL 13 3 (0.583 %) Ruby 13 3 (0.583 %) Python 14 2 (0.388 %) VB.NET 15 1 (0.194 %) Korn 15 1 (0.194 %) AWK 15 1 (0.194 %) Jython 15 1 (0.194 %) RPG	Qualifications 1 21 (4.078 %) Degree 2 11 (2.136 %) CISSP 3 9 (1.748 %) PRINCE2 Certification 4 5 (0.971 %) CISA 4 5 (0.971 %) CISM 5 4 (0.777 %) PhD 6 3 (0.583 %) CCNP 6 3 (0.583 %) CCNA 6 3 (0.583 %) Cisco Certification 6 3 (0.583 %) PRINCE2 Practitioner 7 2 (0.388 %) ITIL Certification 7 2 (0.388 %) ISEB 8 1 (0.194 %) ACCA 8 1 (0.194 %) CFA
Quality Assurance & Compliance 1 10 (1.942 %) Basel II 2 9 (1.748 %) BS7799 3 5 (0.971 %) QA 4 2 (0.388 %) CESG Infosec 4 2 (0.388 %) Sarbanes-Oxley 4 2 (0.388 %) COBIT 4 2 (0.388 %) MiFID 5 1 (0.194 %) ISO17799 5 1 (0.194 %) ISO27001 5 1 (0.194 %) ISO/IEC 20000 5 1 (0.194 %) PCI DSS	System Software 1 6 (1.165 %) Oracle RAC 2 1 (0.194 %) MSMQ
Systems Management 1 6 (1.165 %) AutoSys	Vendors 1 61 (11.84 %) Oracle 2 32 (6.214 %) Sybase 3 23 (4.466 %) Microsoft 4 12 (2.330 %) Tangosol 5 11 (2.136 %) TIBCO 6 7 (1.359 %) Cisco 7 6 (1.165 %) Reuters 8 5 (0.971 %) Algorithmics 8 5 (0.971 %) OpenLink 9 4 (0.777 %) Sophis 9 4 (0.777 %) Syncfusion 9 4 (0.777 %) Bloomberg 10 3 (0.583 %) Murex 10 3 (0.583 %) Siebel 10 3 (0.583 %) Open Text 11 2 (0.388 %) Mitel 11 2 (0.388 %) DataSynapse 11 2 (0.388 %) SAP 11 2 (0.388 %) Remedy 11 2 (0.388 %) Nortel