The first table below looks at the demand for FATCA 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 FATCA over the 3 months to 21 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 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
21 May 2013
Same period 2012 Same period 2011
Foreign Account Tax Compliance Act (FATCA)
Rank 462 483 549
Rank change year-on-year
+21 +66
Contract jobs citing FATCA 50 74 6
As % of all contract IT jobs located in England 0.118% 0.138% 0.011%
As % of the Quality Assurance & Compliance category 1.676% 1.842% 0.150%
Number of daily rates quoted 47 63 4
Average daily rate £500 £525 £550
Average daily rate % change year-on-year
-4.76% -4.54%
90% offered a daily rate of more than £375 £366 £430
10% offered a daily rate of more than £610 £650 £618
UK excluding London average daily rate £303 £365 -
% change year-on-year
-17.12% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Quality Assurance & Compliance
England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
2983 4017 3987
As % of all contract IT jobs located in England 7.051% 7.508% 7.197%
Number of daily rates quoted 1821 2131 2199
Average daily rate £410 £425 £450
Average daily rate % change year-on-year
-3.52% -5.55%
90% offered a daily rate of more than £225 £225 £250
10% offered a daily rate of more than £550 £600 £613
UK excluding London average daily rate £345 £350 £375
% change year-on-year
-1.42% -6.66%
Number of hourly rates quoted 99 219 219
Average hourly rate £20.00 £16.72 £27.50
Average hourly rate % change year-on-year
+19.63% -39.20%
90% offered a hourly rate of more than £11.00 £11.50 £11.00
10% offered a hourly rate of more than £128.75 £36.80 £40.00
UK excluding London average hourly rate £17.50 £16.35 £30.00
% change year-on-year
+7.03% -45.50%
FATCA
UK

FATCA
Jobs Demand Trend

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

England FATCA Jobs Demand Trend

FATCA
Daily Rate Trend

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

England FATCA Daily Rate Trend

FATCA
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA across the England region over the 3 months to 21 May 2013.

England FATCA Daily Rate Histogram

FATCA
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FATCA within the England region over the 3 months to 21 May 2013. 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
(Click each for more statistics)
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
London -1 45 £513 -6.81%
Yorkshire 0 4 £280 -23.28%
South East - 1 £525 -
FATCA
UK

FATCA
Top 30 Related IT Skills

For the 6 months to 21 May 2013, IT contractor jobs across the England region citing FATCA 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 FATCA.

1 53 (65.43%) Banking
2 34 (41.98%) Finance
3 26 (32.10%) Investment Banking
4 21 (25.93%) Project Management
5 20 (24.69%) Stakeholder Management
5 20 (24.69%) Business Analysis
6 14 (17.28%) Asset Management
7 11 (13.58%) GAP Analysis
8 10 (12.35%) Retail
9 9 (11.11%) Derivative
10 8 (9.877%) MiFID
11 7 (8.642%) Degree
11 7 (8.642%) User Acceptance Testing
11 7 (8.642%) Investment Management
11 7 (8.642%) Legal
12 6 (7.407%) Change Management
12 6 (7.407%) UML
12 6 (7.407%) MS Excel
12 6 (7.407%) MS Visio
13 5 (6.173%) PRINCE2
13 5 (6.173%) Use Case
13 5 (6.173%) HP Quality Center
13 5 (6.173%) Business Transformation
13 5 (6.173%) Retail Banking
14 4 (4.938%) Corporate Banking
14 4 (4.938%) ISTQB
14 4 (4.938%) WebSphere
14 4 (4.938%) Fund Management
14 4 (4.938%) Software Testing
14 4 (4.938%) Test Scripting

FATCA
Top Related IT Skills by Category

For the 6 months to 21 May 2013, IT contractor jobs across the England region citing FATCA 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 FATCA. Up to 20 skills are shown per category.

Application Development
1 4 (4.938%) WebSphere
2 2 (2.469%) Middleware
3 1 (1.235%) .NET
Application Platforms
1 1 (1.235%) SharePoint
Applications
1 6 (7.407%) MS Excel
1 6 (7.407%) MS Visio
2 3 (3.704%) MS Office
3 1 (1.235%) MS Project
3 1 (1.235%) MS PowerPoint
Business Applications
1 3 (3.704%) Misys Midas
2 1 (1.235%) Oracle General Ledger
Communications & Networking
1 1 (1.235%) HTTP
Database & Business Intelligence
1 1 (1.235%) Data Warehouse
1 1 (1.235%) Oracle BI EE
Development Applications
1 4 (4.938%) Rational Rose
General
1 53 (65.43%) Banking
2 34 (41.98%) Finance
3 26 (32.10%) Investment Banking
4 10 (12.35%) Retail
5 7 (8.642%) Legal
6 5 (6.173%) Retail Banking
7 4 (4.938%) Corporate Banking
7 4 (4.938%) Financial Institution
7 4 (4.938%) Front Office
7 4 (4.938%) Back Office
8 2 (2.469%) Telecoms
9 1 (1.235%) Law
9 1 (1.235%) Private Banking
9 1 (1.235%) Wholesale Banking
Job Titles
1 46 (56.79%) Analyst
2 39 (48.15%) Business Analyst
3 22 (27.16%) Project Manager
4 9 (11.11%) Technical Analyst
5 8 (9.877%) Technical Business Analyst
6 5 (6.173%) Test Analyst
7 4 (4.938%) Project Analyst
8 3 (3.704%) Programme Manager
8 3 (3.704%) Senior Analyst
9 2 (2.469%) Banking Business Analyst
9 2 (2.469%) Senior Manager
9 2 (2.469%) Change Manager
9 2 (2.469%) Senior Project Manager
10 1 (1.235%) Tester
10 1 (1.235%) Business Change Manager
10 1 (1.235%) Change Analyst
10 1 (1.235%) Delivery Manager
10 1 (1.235%) Financial Business Analyst
10 1 (1.235%) Senior Test Analyst
10 1 (1.235%) Senior Business Analyst
Miscellaneous
1 9 (11.11%) Derivative
2 4 (4.938%) Reference Data
3 3 (3.704%) Management Information System
4 2 (2.469%) Computer Science
4 2 (2.469%) SWIFT
4 2 (2.469%) Fixed Income
4 2 (2.469%) Foreign Exchange (FX)
5 1 (1.235%) Hedge funds
5 1 (1.235%) Interest Rate Derivative
5 1 (1.235%) Equity Derivative
Processes & Methodologies
1 21 (25.93%) Project Management
2 20 (24.69%) Stakeholder Management
2 20 (24.69%) Business Analysis
3 14 (17.28%) Asset Management
4 11 (13.58%) GAP Analysis
5 7 (8.642%) User Acceptance Testing
5 7 (8.642%) Investment Management
6 6 (7.407%) Change Management
6 6 (7.407%) UML
7 5 (6.173%) PRINCE2
7 5 (6.173%) Use Case
7 5 (6.173%) Business Transformation
8 4 (4.938%) Fund Management
8 4 (4.938%) Software Testing
8 4 (4.938%) Test Scripting
8 4 (4.938%) Workflow
9 3 (3.704%) PRINCE
9 3 (3.704%) Vulnerability Assessment
9 3 (3.704%) Data Analysis
9 3 (3.704%) Wealth Management
Programming Languages
1 3 (3.704%) SQL
2 1 (1.235%) C
Qualifications
1 7 (8.642%) Degree
2 4 (4.938%) ISTQB
2 4 (4.938%) ISEB
3 2 (2.469%) PRINCE2 Certification
3 2 (2.469%) PMP
3 2 (2.469%) PMI Certification
Quality Assurance & Compliance
1 8 (9.877%) MiFID
2 3 (3.704%) Basel III
3 2 (2.469%) Solvency II
4 1 (1.235%) Sarbanes-Oxley
4 1 (1.235%) Basel II
4 1 (1.235%) QA
Systems Management
1 5 (6.173%) HP Quality Center
Vendors
1 4 (4.938%) IBM
2 3 (3.704%) Progress
3 2 (2.469%) Microsoft
3 2 (2.469%) Misys
4 1 (1.235%) HP
4 1 (1.235%) Oracle
4 1 (1.235%) Cognos
4 1 (1.235%) Fundtech
4 1 (1.235%) Pega
London
The majority of the work will revolve around KYC (Know Your Clients) processes and the related client On-Boarding and regulatory requirements aligned to this specific area. Candidates...
iKas International
Rate: £450 - £550 per day
Posted: 16 May 2013
City of London
The successful candidate will have a proven track record of working with DFA, EMIR and FATCA, ideally within Investment Banking. The role will require the Project Manager to...
Orgtel
Rate: £600 - £650 per day
Posted: 15 May 2013
City of London
The successful candidate will be working on a number of high profile regulatory projects related to Dodd Frank, EMIR, FATCA. Essential Skills:-Project/Programme/Portfolio Manager in investment...
Huxley Associates
Rate: £600 - £700 per day
Posted: 15 May 2013