Market Risk Contracts in the City of London

Market Risk
Central London > City of London

The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 6 months to 26 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 102 131 170
Rank change year-on-year +29 +39 -63
Contract jobs citing Market Risk 25 41 28
As % of all contract jobs advertised in the City of London 1.13% 1.12% 0.66%
As % of the Miscellaneous category 3.64% 3.11% 1.86%
Number of daily rates quoted 19 26 16
10th Percentile £625 £683 £580
25th Percentile £725 £713 £662
Median daily rate (50th Percentile) £825 £750 £743
Median % change year-on-year +10.00% +0.91% +10.11%
75th Percentile £838 £800 £818
90th Percentile £875 £849 £1,113
Central London median daily rate £825 £750 £743
% change year-on-year +10.00% +0.91% +10.11%

All Generic Skills
City of London

Market Risk is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 687 1,317 1,509
As % of all contract IT jobs advertised in the City of London 31.04% 36.02% 35.67%
Number of daily rates quoted 468 893 1,108
10th Percentile £275 £350 £409
25th Percentile £425 £500 £500
Median daily rate (50th Percentile) £575 £625 £575
Median % change year-on-year -8.00% +8.70% +4.55%
75th Percentile £700 £750 £700
90th Percentile £841 £855 £800
Central London median daily rate £575 £603 £575
% change year-on-year -4.56% +4.78% +4.55%
Number of hourly rates quoted 9 13 24
10th Percentile £12.75 £17.33 £20.53
25th Percentile £16.00 £35.00 £38.75
Median hourly rate £23.00 £51.50 £48.00
Median % change year-on-year -55.34% +7.29% +167.04%
75th Percentile £27.50 £88.30 £61.75
90th Percentile £54.95 - £64.78
Central London median hourly rate £23.00 £35.00 £48.00
% change year-on-year -34.29% -27.08% +140.00%

Market Risk
Job Vacancy Trend in the City of London

Job postings citing Market Risk as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Market Risk in the City of London

Market Risk
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Market Risk in the City of London.

Daily rate trend for Market Risk in the City of London

Market Risk
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Market Risk in the City of London over the 6 months to 26 April 2024.

Daily rate histogram for Market Risk in the City of London

Market Risk
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Market Risk in the City of London.

Hourly rate trend for Market Risk in the City of London

Market Risk
Co-occurring Skills and Capabilities in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (12.00%) MTS
Business Applications
1 3 (12.00%) Aligne
1 3 (12.00%) Endur
1 3 (12.00%) EuroRunner
2 1 (4.00%) Orchestrade
Cloud Services
1 6 (24.00%) Power Platform
2 3 (12.00%) Azure
Database & Business Intelligence
1 7 (28.00%) SQL Server
2 6 (24.00%) Power BI
3 3 (12.00%) Data Mart
3 3 (12.00%) Data Warehouse
3 3 (12.00%) Delta Lake
3 3 (12.00%) Relational Database
3 3 (12.00%) Star Schema
General
1 8 (32.00%) Front Office
1 8 (32.00%) Social Skills
2 7 (28.00%) Banking
3 4 (16.00%) Analytical Skills
4 3 (12.00%) Back Office
4 3 (12.00%) Retail Banking
5 2 (8.00%) Finance
5 2 (8.00%) Investment Banking
6 1 (4.00%) Retail
Job Titles
1 12 (48.00%) Developer
2 8 (32.00%) Analyst
2 8 (32.00%) Business Analyst
2 8 (32.00%) Python Developer
3 6 (24.00%) Market Risk Developer
4 5 (20.00%) SQL Developer
5 3 (12.00%) Azure Engineer
5 3 (12.00%) Quantitative Developer
5 3 (12.00%) Senior
6 2 (8.00%) Java Developer
6 2 (8.00%) Risk Analyst
6 2 (8.00%) Risk Business Analyst
6 2 (8.00%) Senior Developer
6 2 (8.00%) Senior Software Developer
6 2 (8.00%) Software Developer
7 1 (4.00%) C# Developer
7 1 (4.00%) Front Office Developer
7 1 (4.00%) Market Risk Analyst
7 1 (4.00%) Senior Analyst
7 1 (4.00%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 3 (12.00%) PySpark
2 2 (8.00%) Web Services
3 1 (4.00%) Middleware
Miscellaneous
1 4 (16.00%) Credit Risk
2 2 (8.00%) Foreign Exchange (FX)
2 2 (8.00%) Hedge funds
3 1 (4.00%) Renewable Energy
Processes & Methodologies
1 9 (36.00%) Agile
2 6 (24.00%) Business Intelligence
3 5 (20.00%) User Acceptance Testing
4 4 (16.00%) End-to-End Testing
4 4 (16.00%) Problem-Solving
4 4 (16.00%) Project Delivery
5 3 (12.00%) Analytics
5 3 (12.00%) Change Control
5 3 (12.00%) Computer Science
5 3 (12.00%) Configuration Management
5 3 (12.00%) Data Analysis
5 3 (12.00%) Data Engineering
5 3 (12.00%) Data Modelling
5 3 (12.00%) DevOps
5 3 (12.00%) ETRM
5 3 (12.00%) SDLC
5 3 (12.00%) Software Engineering
6 2 (8.00%) OO
6 2 (8.00%) OOP
6 2 (8.00%) Risk Management
Programming Languages
1 16 (64.00%) SQL
2 10 (40.00%) Python
3 7 (28.00%) C#
4 4 (16.00%) Java
5 1 (4.00%) Jython
5 1 (4.00%) Scala
Qualifications
1 3 (12.00%) Degree
2 2 (8.00%) Computer Science Degree
3 1 (4.00%) Master's Degree
Vendors
1 3 (12.00%) Databricks
1 3 (12.00%) Microsoft
2 1 (4.00%) Barracuda Networks
2 1 (4.00%) Murex