The table below looks at the statistics 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 May 2016 with a comparison to the same period in 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
1 May 2016
Same period 2015 Same period 2014
Basel II
Rank 609 590 559
Rank change year-on-year
-19 -31
Contract jobs citing Basel II 13 28 30
As % of all contract IT jobs located in England 0.025% 0.054% 0.060%
As % of the Quality Assurance & Compliance category 0.29% 0.60% 0.66%
Number of daily rates quoted 9 21 26
Average daily rate £675 £500 £451
Average daily rate % change year-on-year
+35.00% +10.98%
UK excluding London average daily rate £500 £500 £451
% change year-on-year
- +10.98%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Basel II
UK

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the England region.

Quality Assurance & Compliance Category
England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4465 4663 4567
As % of all contract IT jobs located in England 8.71% 9.05% 9.18%
Number of daily rates quoted 2889 2874 2822
Average daily rate £425 £413 £415
Average daily rate % change year-on-year
+3.03% -0.60%
90% offered a daily rate of more than £265 £260 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £400 £388 £370
% change year-on-year
+3.22% +4.72%
Number of hourly rates quoted 173 151 201
Average hourly rate £25.75 £26.00 £21.00
Average hourly rate % change year-on-year
-0.96% +23.80%
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £52.50 £47.33 £45.00
UK excluding London average hourly rate £33.00 £29.00 £21.00
% change year-on-year
+13.79% +38.09%

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 May 2016.

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 May 2016. 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 -25 11 £675 +35.00% 2
Yorkshire +1 1 - -
South West -1 1 £500 -
Basel II
UK

Basel II
Top 30 Related IT Skills in England

For the 6 months to 1 May 2016, 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 (90.70%) Finance
2 20 (46.51%) Banking
2 20 (46.51%) Credit Risk
3 17 (39.53%) SQL
4 14 (32.56%) Analytical Skills
5 12 (27.91%) Degree
6 10 (23.26%) Business Analysis
6 10 (23.26%) CRD IV
6 10 (23.26%) Microsoft
7 8 (18.60%) Validation
7 8 (18.60%) MS Office
7 8 (18.60%) Data Warehouse
7 8 (18.60%) SDLC
8 7 (16.28%) COREP
8 7 (16.28%) FATCA
8 7 (16.28%) Software Delivery
8 7 (16.28%) MiFID
8 7 (16.28%) QA
8 7 (16.28%) Basel III
8 7 (16.28%) Data Modelling
8 7 (16.28%) SAS
8 7 (16.28%) Business Intelligence
8 7 (16.28%) Project Management
8 7 (16.28%) Quality Management
8 7 (16.28%) Management Information System
8 7 (16.28%) Data Analysis
9 6 (13.95%) IAS 39
9 6 (13.95%) MS Excel
9 6 (13.95%) Stress Testing
9 6 (13.95%) Data Quality

Basel II
Top Related IT Skills in England by Category

For the 6 months to 1 May 2016, 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 7 (16.28%) SAS
Applications
1 8 (18.60%) MS Office
2 6 (13.95%) MS Excel
3 5 (11.63%) MS Visio
4 1 (2.33%) MS PowerPoint
Database & Business Intelligence
1 8 (18.60%) Data Warehouse
2 5 (11.63%) MS Access
3 3 (6.98%) Data Mining
3 3 (6.98%) SQL Server Analysis Services
3 3 (6.98%) SQL Server Integration Services
3 3 (6.98%) SQL Server Reporting Services
4 1 (2.33%) BusinessObjects
4 1 (2.33%) BusinessObjects Web Intelligence
4 1 (2.33%) BusinessObjects XI
4 1 (2.33%) DB2
4 1 (2.33%) Relational Database
4 1 (2.33%) SQL Server
General
1 39 (90.70%) Finance
2 20 (46.51%) Banking
3 5 (11.63%) Front Office
4 4 (9.30%) Retail
5 3 (6.98%) Investment Banking
6 2 (4.65%) Legal
Job Titles
1 28 (65.12%) Analyst
2 22 (51.16%) Business Analyst
3 9 (20.93%) Report Analyst
4 7 (16.28%) Business IT Analyst
4 7 (16.28%) IT Analyst
4 7 (16.28%) IT Business Analyst
4 7 (16.28%) MiFID Business Analyst
4 7 (16.28%) Treasury Business Analyst
5 6 (13.95%) Regulatory Business Analyst
5 6 (13.95%) Regulatory Reporting Business Analyst
5 6 (13.95%) Risk Analyst
5 6 (13.95%) Risk Business Analyst
6 5 (11.63%) Data Analyst
7 4 (9.30%) Architect
7 4 (9.30%) Business Intelligence Developer
7 4 (9.30%) Developer
7 4 (9.30%) Financial Analyst
8 3 (6.98%) Banking Business Analyst
8 3 (6.98%) Business Intelligence Business Analyst
8 3 (6.98%) Finance Business Analyst
Libraries, Frameworks & Software Standards
1 1 (2.33%) .NET
1 1 (2.33%) ASP.NET
Miscellaneous
1 20 (46.51%) Credit Risk
2 14 (32.56%) Analytical Skills
3 7 (16.28%) Management Information System
4 4 (9.30%) Market Risk
5 1 (2.33%) Data Integration
5 1 (2.33%) Data Protection Act
Operating Systems
1 1 (2.33%) Unix
Processes & Methodologies
1 10 (23.26%) Business Analysis
2 8 (18.60%) SDLC
2 8 (18.60%) Validation
3 7 (16.28%) Business Intelligence
3 7 (16.28%) Data Analysis
3 7 (16.28%) Data Modelling
3 7 (16.28%) Project Management
3 7 (16.28%) Quality Management
3 7 (16.28%) Software Delivery
4 6 (13.95%) Stress Testing
5 5 (11.63%) Data Validation
5 5 (11.63%) Disaster Recovery
5 5 (11.63%) Migration
5 5 (11.63%) Risk Management
5 5 (11.63%) Security Testing
5 5 (11.63%) Test Scripting
5 5 (11.63%) Translating Business Requirements
6 4 (9.30%) BPR
6 4 (9.30%) GAP Analysis
6 4 (9.30%) Stakeholder Management
Programming Languages
1 17 (39.53%) SQL
2 1 (2.33%) C#
2 1 (2.33%) PL/SQL
2 1 (2.33%) Shell Script
2 1 (2.33%) VB.NET
Qualifications
1 12 (27.91%) Degree
Quality Assurance & Compliance
1 10 (23.26%) CRD IV
2 7 (16.28%) Basel III
2 7 (16.28%) COREP
2 7 (16.28%) FATCA
2 7 (16.28%) MiFID
2 7 (16.28%) QA
3 6 (13.95%) Data Quality
3 6 (13.95%) IAS 39
4 4 (9.30%) Solvency II
5 2 (4.65%) FINREP
5 2 (4.65%) Sarbanes-Oxley
Vendors
1 10 (23.26%) Microsoft
2 2 (4.65%) Oracle
3 1 (2.33%) Teradata