The first table below looks at the demand for Monte Carlo Method 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 Monte Carlo Method over the 3 months to 24 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 Processes & Methodologies 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
24 May 2013
Same period 2012 Same period 2011
Monte Carlo Method
Rank 437 493 445
Rank change year-on-year
+56 -48
Contract jobs citing Monte Carlo Method 76 66 126
As % of all contract IT jobs located in England 0.183% 0.124% 0.224%
As % of the Processes & Methodologies category 0.256% 0.181% 0.330%
Number of daily rates quoted 59 50 92
Average daily rate £575 £550 £625
Average daily rate % change year-on-year
+4.54% -12.00%
90% offered a daily rate of more than £438 £525 £539
10% offered a daily rate of more than £625 £610 £700
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Processes & Methodologies
England
Contract IT job ads with a match in the
Processes & Methodologies category
29704 36492 38199
As % of all contract IT jobs located in England 71.44% 68.42% 67.98%
Number of daily rates quoted 18148 21397 22087
Average daily rate £420 £413 £450
Average daily rate % change year-on-year
+1.81% -8.33%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £575 £588 £600
UK excluding London average daily rate £365 £365 £375
% change year-on-year
- -2.66%
Number of hourly rates quoted 918 1197 1399
Average hourly rate £32.00 £25.00 £28.50
Average hourly rate % change year-on-year
+28.00% -12.28%
90% offered a hourly rate of more than £13.55 £13.21 £13.50
10% offered a hourly rate of more than £50.00 £45.00 £45.00
UK excluding London average hourly rate £30.00 £25.00 £29.50
% change year-on-year
+20.00% -15.25%
Monte Carlo Method
UK

Monte Carlo Method
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Monte Carlo Method across the England region as a proportion of the total demand within the Processes & Methodologies category.

England Monte Carlo Method Jobs Demand Trend

Monte Carlo Method
Daily Rate Trend

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

England Monte Carlo Method Daily Rate Trend

Monte Carlo Method
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Monte Carlo Method across the England region over the 3 months to 24 May 2013.

England Monte Carlo Method Daily Rate Histogram

Monte Carlo Method
Hourly Rate Trend

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

England Monte Carlo Method Hourly Rate Trend

Monte Carlo Method
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Monte Carlo Method within the England region over the 3 months to 24 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 +46 73 £575 +4.54%
South East +15 1 - -
South West - 1 - -
West Midlands - 1 - -
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs across the England region citing Monte Carlo Method 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 Monte Carlo Method.

1 68 (59.13%) Banking
2 64 (55.65%) Credit Risk
3 55 (47.83%) Investment Banking
4 52 (45.22%) C++
5 46 (40.00%) SQL
6 32 (27.83%) Analytics
7 30 (26.09%) Market Risk
8 26 (22.61%) C#
8 26 (22.61%) SQL Server
8 26 (22.61%) Data Analysis
8 26 (22.61%) Business Analysis
8 26 (22.61%) Derivative
9 23 (20.00%) Risk Management
10 21 (18.26%) Basel III
10 21 (18.26%) Python
11 19 (16.52%) VBA
12 18 (15.65%) Greeks
13 16 (13.91%) Java
14 15 (13.04%) .NET
14 15 (13.04%) Jython
15 14 (12.17%) Statistics
15 14 (12.17%) Mathematics
16 13 (11.30%) OO
16 13 (11.30%) Finance
16 13 (11.30%) Front Office
17 12 (10.43%) STL
17 12 (10.43%) Agile Software Development
17 12 (10.43%) Statistical Analysis
17 12 (10.43%) Boost C++ Libraries
18 11 (9.565%) WPF

Monte Carlo Method
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs across the England region citing Monte Carlo Method 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 Monte Carlo Method. Up to 20 skills are shown per category.

Application Development
1 15 (13.04%) .NET
2 12 (10.43%) STL
2 12 (10.43%) Boost C++ Libraries
3 11 (9.565%) WPF
4 9 (7.826%) WCF
5 3 (2.609%) Web Services
6 2 (1.739%) ADO.NET Entity Framework
6 2 (1.739%) REST
6 2 (1.739%) JSON
6 2 (1.739%) LINQ
6 2 (1.739%) XML
6 2 (1.739%) ASP.NET
6 2 (1.739%) SOAP
6 2 (1.739%) .NET Framework
7 1 (0.870%) Microsoft Enterprise Library
7 1 (0.870%) Ajax
Application Platforms
1 5 (4.348%) Oracle Coherence
2 3 (2.609%) Mathematica
3 2 (1.739%) GemFire
Applications
1 10 (8.696%) MS Excel
2 3 (2.609%) CPLEX
2 3 (2.609%) MS Project
2 3 (2.609%) MS Office
Business Applications
1 1 (0.870%) Adaptiv
Communications & Networking
1 2 (1.739%) HTTP
1 2 (1.739%) TCP/IP
2 1 (0.870%) Firewall
Database & Business Intelligence
1 26 (22.61%) SQL Server
2 5 (4.348%) SQL Server 2008
3 2 (1.739%) SQL Server Integration Services
4 1 (0.870%) SQL Server 2005
4 1 (0.870%) Data Warehouse
Development Applications
1 3 (2.609%) TeamCity
2 1 (0.870%) TestDirector
2 1 (0.870%) Team Foundation Server
General
1 68 (59.13%) Banking
2 55 (47.83%) Investment Banking
3 13 (11.30%) Finance
3 13 (11.30%) Front Office
4 10 (8.696%) French Language
5 1 (0.870%) Retail
5 1 (0.870%) Financial Institution
Job Titles
1 56 (48.70%) Analyst
2 40 (34.78%) Developer
3 39 (33.91%) Business Analyst
4 27 (23.48%) Investment Banking Business Analyst
5 24 (20.87%) C++ Developer
5 24 (20.87%) Market Risk Analyst
6 22 (19.13%) Market Risk Business Analyst
7 21 (18.26%) Risk Analyst
8 17 (14.78%) Credit Risk Analyst
9 13 (11.30%) Market Analyst
9 13 (11.30%) Quantitative Analyst
10 9 (7.826%) Quantitative Developer
11 8 (6.957%) Credit Risk Business Analyst
11 8 (6.957%) Technical Analyst
12 7 (6.087%) Technical Business Analyst
12 7 (6.087%) Systems Analyst
12 7 (6.087%) C++ Quantitative Developer
13 6 (5.217%) C# .NET Developer
13 6 (5.217%) Business Systems Analyst
13 6 (5.217%) C# Developer
Miscellaneous
1 64 (55.65%) Credit Risk
2 30 (26.09%) Market Risk
3 26 (22.61%) Derivative
4 14 (12.17%) Statistics
4 14 (12.17%) Mathematics
5 8 (6.957%) Fixed Income
6 7 (6.087%) Grid Computing
7 6 (5.217%) Management Information System
7 6 (5.217%) Foreign Exchange (FX)
8 5 (4.348%) Equities
8 5 (4.348%) Credit Derivative
9 2 (1.739%) Equity Derivative
10 1 (0.870%) Replication
10 1 (0.870%) Interest Rate Derivative
10 1 (0.870%) Physics
10 1 (0.870%) Hedge funds
Operating Systems
1 11 (9.565%) Windows
2 1 (0.870%) Windows Server 2003
2 1 (0.870%) UNIX
2 1 (0.870%) Windows XP
Processes & Methodologies
1 32 (27.83%) Analytics
2 26 (22.61%) Data Analysis
2 26 (22.61%) Business Analysis
3 23 (20.00%) Risk Management
4 18 (15.65%) Greeks
5 13 (11.30%) OO
6 12 (10.43%) Agile Software Development
6 12 (10.43%) Statistical Analysis
7 11 (9.565%) Stochastic Calculus
7 11 (9.565%) CRM
7 11 (9.565%) Validation
8 10 (8.696%) User Acceptance Testing
8 10 (8.696%) Stress Testing
8 10 (8.696%) Change Control
9 6 (5.217%) Data Architecture
9 6 (5.217%) Data Modelling
10 5 (4.348%) Stakeholder Management
11 4 (3.478%) Statistical Modelling
11 4 (3.478%) Release Management
11 4 (3.478%) Regression Testing
Programming Languages
1 52 (45.22%) C++
2 46 (40.00%) SQL
3 26 (22.61%) C#
4 21 (18.26%) Python
5 19 (16.52%) VBA
6 16 (13.91%) Java
7 15 (13.04%) Jython
8 9 (7.826%) R
9 7 (6.087%) PowerShell
10 6 (5.217%) C
11 4 (3.478%) VB
12 3 (2.609%) Perl
13 1 (0.870%) VB6
Qualifications
1 11 (9.565%) Degree
2 5 (4.348%) Postgraduate
3 3 (2.609%) PhD
3 3 (2.609%) SC Cleared
3 3 (2.609%) Security Cleared
4 2 (1.739%) CFA
5 1 (0.870%) ITIL Certification
5 1 (0.870%) DV Cleared
Quality Assurance & Compliance
1 21 (18.26%) Basel III
2 11 (9.565%) Basel II
3 2 (1.739%) QA
Systems Management
1 2 (1.739%) HP Quality Center
Vendors
1 7 (6.087%) DataSynapse
2 5 (4.348%) Sybase
3 4 (3.478%) Microsoft
4 3 (2.609%) ILOG
4 3 (2.609%) Primavera
5 2 (1.739%) Oracle
6 1 (0.870%) SunGard
6 1 (0.870%) HP
City of London
C++ / Risk / Contract / London / £500-£600pd My client a top tier investment bank is looking for a C++ Developer with significant experience who has worked across multiple projects...
Real Staffing
Rate: £500 - £600 per day
Posted: 22 May 2013
City of London
My client is looking for A Credit risk Business Analyst to come in and work along side the credit risk business to understand and refine requirements... You will...
Real Staffing
Rate: £500 - £600 per day
Posted: 15 May 2013
City of London
The successful candidate will be working on a number of regulatory driven projects... Key words: Credit risk, business analyst, Basel, Basel III, regulatory, regulation, monte carlo, SQL, derivatives,...
Huxley Associates
Rate: £500 - £650 per day
Posted: 15 May 2013
London
The candidate will be developing several of the components like the Back Testing portfolio definition tool, RWA allocation application, changes of the marginal models, application to store riskfactor...
Real Staffing
Rate: £550 - £600 per annum
Posted: 15 May 2013
London
Investment Banking: C++ Developer - C++, MS VS 2008, 2010, STL, Boost, multithreading,?Datasynapse, grid computing, coherence cache, SQL. Essential: C++ STL Boost MS VS 2008, 2010 Datasynapse Our...
Hays Finance Technology
Rate: £500.00 - £600.00 per day + Excellent depending on experience
Posted: 24 May 2013