The first table below looks at the demand for Basel II skills in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 1 August 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the England 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
1 Aug 2014
Same period 2013 Same period 2012
Basel II
Rank 522 477 443
Rank change year-on-year
-45 -34
Contract jobs citing Basel II 31 72 127
As % of all contract IT jobs located in England 0.063% 0.15% 0.24%
As % of the Quality Assurance & Compliance category 0.79% 2.01% 3.08%
Number of daily rates quoted 31 57 96
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £450 £498
Average daily rate % change year-on-year
+11.11% -9.54%
90% offered a daily rate of more than £425 £386 £375
10% offered a daily rate of more than £590 £575 £638
UK excluding London average daily rate £494 £450 £418
% change year-on-year
+9.72% +7.78%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
3942 3589 4125
As % of all contract IT jobs located in England 7.99% 7.70% 7.80%
Number of daily rates quoted 2415 2187 2281
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £238 £275 £243
10% offered a daily rate of more than £550 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 186 133 220
Average hourly rate £20.00 £19.50 £20.06
Average hourly rate % change year-on-year
+2.56% -2.79%
90% offered a hourly rate of more than £12.90 £11.00 £12.08
10% offered a hourly rate of more than £42.60 £40.00 £40.00
UK excluding London average hourly rate £20.10 £17.50 £20.00
% change year-on-year
+14.87% -12.50%
Basel II
UK

Basel II
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Basel II across the England region as a proportion of the total demand within the Quality Assurance & Compliance category.

Basel II Jobs Demand Trend in England

Basel II
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Basel II across the England region.

Basel II Daily Rate Trend in England

Basel II
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel II across the England region over the 3 months to 1 August 2014.

Basel II Daily Rate Histogram in England

Basel II
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II across the England region.

Basel II Hourly Rate Trend in England

Basel II
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Basel II within the England region over the 3 months to 1 August 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -39 17 £550 +15.78% 7
South West -22 11 £500 +17.30% 2
West Midlands - - - -
Yorkshire - - - -
Basel II
UK

Basel II
Top 30 Related IT Skills in England

For the 6 months to 1 August 2014, IT contractor jobs across the England region citing Basel II 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 Basel II.

1 39 (65.00%) Finance
2 34 (56.67%) Banking
2 34 (56.67%) Basel III
3 27 (45.00%) Data Modelling
4 24 (40.00%) Solvency II
5 23 (38.33%) Stakeholder Management
6 19 (31.67%) Requirements Analysis
6 19 (31.67%) Business Transformation
6 19 (31.67%) UML
6 19 (31.67%) BPR
6 19 (31.67%) MS Visio
7 18 (30.00%) GAP Analysis
7 18 (30.00%) SSADM
7 18 (30.00%) DSDM
8 17 (28.33%) SQL
8 17 (28.33%) BPMN
9 15 (25.00%) Credit Risk
10 11 (18.33%) Project Management
11 10 (16.67%) Investment Banking
12 9 (15.00%) Market Risk
12 9 (15.00%) Front Office
13 7 (11.67%) Foreign Exchange (FX)
13 7 (11.67%) Agile Software Development
13 7 (11.67%) COREP
14 6 (10.00%) Data Analysis
14 6 (10.00%) User Acceptance Testing
15 5 (8.33%) Change Management
15 5 (8.33%) Microsoft
15 5 (8.33%) MS Excel
15 5 (8.33%) Business Analysis

Basel II
Top Related IT Skills in England by Category

For the 6 months to 1 August 2014, IT contractor jobs across the England region citing Basel II 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 Basel II. Up to 20 skills are shown per category.

Application Platforms
1 2 (3.33%) SAS
Applications
1 19 (31.67%) MS Visio
2 5 (8.33%) MS Excel
3 1 (1.67%) S-PLUS
3 1 (1.67%) Spreadsheet
Business Applications
1 1 (1.67%) Oracle Financials
Database & Business Intelligence
1 3 (5.00%) Data Mining
2 2 (3.33%) SQL Server
2 2 (3.33%) Data Warehouse
3 1 (1.67%) PowerCenter
3 1 (1.67%) DataStage
3 1 (1.67%) Data Mart
General
1 39 (65.00%) Finance
2 34 (56.67%) Banking
3 10 (16.67%) Investment Banking
4 9 (15.00%) Front Office
5 2 (3.33%) Telecoms
6 1 (1.67%) Legal
6 1 (1.67%) Advertising
Job Titles
1 46 (76.67%) Analyst
2 41 (68.33%) Business Analyst
3 17 (28.33%) Senior Business Analyst
3 17 (28.33%) Senior Analyst
4 7 (11.67%) Risk Analyst
5 6 (10.00%) Project Manager
6 4 (6.67%) Credit Risk Business Analyst
6 4 (6.67%) Credit Risk Analyst
6 4 (6.67%) Data Analyst
7 3 (5.00%) Market Risk Analyst
7 3 (5.00%) Market Risk Business Analyst
7 3 (5.00%) Credit Analyst
7 3 (5.00%) Investment Banking Business Analyst
8 2 (3.33%) Business Manager
8 2 (3.33%) IT Business Analyst
8 2 (3.33%) Project Analyst
8 2 (3.33%) Senior Project Manager
8 2 (3.33%) Senior Manager
8 2 (3.33%) Developer
9 1 (1.67%) Compliance Analyst
Libraries, Frameworks & Software Standards
1 1 (1.67%) FpML
1 1 (1.67%) Middleware
1 1 (1.67%) XML
1 1 (1.67%) XSD
1 1 (1.67%) XSLT
Miscellaneous
1 15 (25.00%) Credit Risk
2 9 (15.00%) Market Risk
3 7 (11.67%) Foreign Exchange (FX)
4 5 (8.33%) Derivative
5 3 (5.00%) Fixed Income
6 1 (1.67%) Management Information System
6 1 (1.67%) Equities
6 1 (1.67%) Mathematics
6 1 (1.67%) Physics
6 1 (1.67%) Statistics
Operating Systems
1 1 (1.67%) UNIX
1 1 (1.67%) Windows
1 1 (1.67%) AIX
1 1 (1.67%) Linux
Processes & Methodologies
1 27 (45.00%) Data Modelling
2 23 (38.33%) Stakeholder Management
3 19 (31.67%) Requirements Analysis
3 19 (31.67%) Business Transformation
3 19 (31.67%) UML
3 19 (31.67%) BPR
4 18 (30.00%) GAP Analysis
4 18 (30.00%) SSADM
4 18 (30.00%) DSDM
5 17 (28.33%) BPMN
6 11 (18.33%) Project Management
7 7 (11.67%) Agile Software Development
8 6 (10.00%) Data Analysis
8 6 (10.00%) User Acceptance Testing
9 5 (8.33%) Change Management
9 5 (8.33%) Business Analysis
10 4 (6.67%) Stress Testing
10 4 (6.67%) Test Strategy
10 4 (6.67%) Risk Management
11 3 (5.00%) Analytics
Programming Languages
1 17 (28.33%) SQL
2 3 (5.00%) VBA
3 1 (1.67%) Python
3 1 (1.67%) Shell Script
3 1 (1.67%) C
3 1 (1.67%) PL/SQL
3 1 (1.67%) R
Qualifications
1 4 (6.67%) Degree
2 1 (1.67%) ACCA
2 1 (1.67%) CIMA
2 1 (1.67%) PhD
2 1 (1.67%) PRINCE2 Certification
Quality Assurance & Compliance
1 34 (56.67%) Basel III
2 24 (40.00%) Solvency II
3 7 (11.67%) COREP
4 4 (6.67%) CRD IV
5 3 (5.00%) Data Quality
5 3 (5.00%) QA
6 2 (3.33%) Dodd-Frank
7 1 (1.67%) FINREP
7 1 (1.67%) EMIR
7 1 (1.67%) Sarbanes-Oxley
7 1 (1.67%) SLA
7 1 (1.67%) FATCA
7 1 (1.67%) MiFID
Systems Management
1 1 (1.67%) Symantec Enterprise Vault
Vendors
1 5 (8.33%) Microsoft
2 3 (5.00%) Business Objects
3 2 (3.33%) Oracle
4 1 (1.67%) HP
4 1 (1.67%) EMC
4 1 (1.67%) Hyperion
4 1 (1.67%) Informatica
4 1 (1.67%) Symantec
Bromley
Hays IT - Uk Posting account
Rate: £400.00 - £450.00 per annum
Posted: 2 days ago
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £550 per day
Posted: 2 days ago
London
Aston Carter
Rate: £450 - £550 per day
Posted: 4 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £450 - £495 per day
Posted: 7 days ago
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 11 days ago
Gloucester
Orgtel
Rate: £250 - £295 per day + competitive
Posted: 22 days ago