Risk Analyst Contracts in England

Risk Analyst
UK > England

The median Risk Analyst daily rate in England is £550 according to job vacancies posted during the 6 months to 18 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 462 472 628
Rank change year-on-year +10 +156 -115
Contract jobs requiring a Risk Analyst 69 169 142
As % of all contract jobs advertised in England 0.19% 0.35% 0.20%
As % of the Job Titles category 0.20% 0.37% 0.21%
Number of daily rates quoted 46 113 112
10th Percentile £416 £400 £425
25th Percentile £456 £445 £500
Median daily rate (50th Percentile) £550 £625 £575
Median % change year-on-year -12.00% +8.70% +8.75%
75th Percentile £663 £775 £700
90th Percentile £794 £875 £763
UK median daily rate £538 £625 £550
% change year-on-year -14.00% +13.64% +4.76%
Number of hourly rates quoted 0 1 0
Median hourly rate - £31.27 -
UK median hourly rate - £35.44 -

All Contract IT Job Vacancies
England

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in England with a recognized job title 33,787 45,579 67,163
% of contract IT jobs with a recognized job title 92.76% 94.59% 95.44%
Number of daily rates quoted 22,417 32,381 47,891
10th Percentile £284 £313 £313
25th Percentile £413 £425 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +7.36%
75th Percentile £644 £663 £644
90th Percentile £750 £760 £744
UK median daily rate £525 £544 £525
% change year-on-year -3.40% +3.52% +9.38%
Number of hourly rates quoted 2,440 1,334 1,845
10th Percentile £12.86 £14.28 £12.50
25th Percentile £16.30 £20.00 £15.50
Median hourly rate £36.92 £44.77 £23.00
Median % change year-on-year -17.54% +94.63% +6.38%
75th Percentile £61.30 £65.00 £49.25
90th Percentile £73.75 £77.00 £64.75
UK median hourly rate £36.50 £45.00 £23.91
% change year-on-year -18.89% +88.21% +6.27%

Risk Analyst
Job Vacancy Trend in England

Job postings that featured Risk Analyst in the job title as a proportion of all IT jobs advertised in England.

Job vacancy trend for Risk Analyst in England

Risk Analyst
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Risk Analyst in England.

Daily rate trend for Risk Analyst in England

Risk Analyst
Daily Rate Histogram in England

Daily rate distribution for jobs citing Risk Analyst in England over the 6 months to 18 May 2024.

Daily rate histogram for Risk Analyst in England

Risk Analyst
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Risk Analyst in England.

Hourly rate trend for Risk Analyst in England

Risk Analyst
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Analyst within the England region over the 6 months to 18 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +20 55 £575 -11.88% 35
North of England +31 8 £475 +18.75% 9
North West +19 7 £400 - 4
Midlands +12 4 £425 +6.25% 3
West Midlands +23 3 £450 -14.29% 3
South East +29 2 £500 -11.11% 10
Yorkshire +15 1 £550 +28.50% 5
East Midlands +3 1 £400 -
Risk Analyst
UK

Risk Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in England

For the 6 months to 18 May 2024, Risk Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region featuring Risk Analyst in the job title.

1 30 (43.48%) Risk Management
2 29 (42.03%) Finance
3 28 (40.58%) Banking
4 22 (31.88%) Social Skills
5 15 (21.74%) Analytical Skills
5 15 (21.74%) Cybersecurity
6 13 (18.84%) SQL
7 12 (17.39%) CISSP
7 12 (17.39%) Stakeholder Management
8 10 (14.49%) Risk Assessment
8 10 (14.49%) CISM
9 9 (13.04%) CRISC
9 9 (13.04%) Problem-Solving
9 9 (13.04%) Security Cleared
10 8 (11.59%) Data Governance
10 8 (11.59%) Data Analysis
10 8 (11.59%) Microsoft
10 8 (11.59%) SAP
10 8 (11.59%) Risk Register
11 7 (10.14%) GRC
11 7 (10.14%) Analytics
11 7 (10.14%) Python
11 7 (10.14%) Validation
11 7 (10.14%) Agile
11 7 (10.14%) CISA
11 7 (10.14%) Market Risk
12 6 (8.70%) User Acceptance Testing
12 6 (8.70%) SC Cleared
12 6 (8.70%) Credit Risk
12 6 (8.70%) Investment Banking

Risk Analyst Skill Set
Co-occurring Skills and Capabilities in England 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 5 (7.25%) SAS
2 4 (5.80%) SharePoint
3 3 (4.35%) Confluence
Applications
1 4 (5.80%) Microsoft Excel
2 3 (4.35%) Microsoft Office
3 1 (1.45%) Microsoft PowerPoint
Business Applications
1 5 (7.25%) Endur
1 5 (7.25%) OpenLink RightAngle
2 3 (4.35%) Oracle Procure-to-Pay
3 1 (1.45%) SAP ERP
Cloud Services
1 5 (7.25%) AWS
1 5 (7.25%) Azure
1 5 (7.25%) Cloud Computing
2 4 (5.80%) Microsoft 365
3 3 (4.35%) Snowflake
4 2 (2.90%) Power Automate
5 1 (1.45%) Power Platform
Database & Business Intelligence
1 3 (4.35%) SAP HANA
2 2 (2.90%) Data Warehouse
3 1 (1.45%) Data Mining
3 1 (1.45%) Power BI
Development Applications
1 3 (4.35%) JIRA
General
1 29 (42.03%) Finance
2 28 (40.58%) Banking
3 22 (31.88%) Social Skills
4 15 (21.74%) Analytical Skills
5 6 (8.70%) Front Office
5 6 (8.70%) Investment Banking
5 6 (8.70%) Public Sector
6 5 (7.25%) Presentation Skills
7 3 (4.35%) Organisational Skills
8 2 (2.90%) International Banking
8 2 (2.90%) Legal
8 2 (2.90%) Retail
8 2 (2.90%) Retail Finance
9 1 (1.45%) Documentation Skills
9 1 (1.45%) General Ledger
9 1 (1.45%) Law
Libraries, Frameworks & Software Standards
1 5 (7.25%) HTML
1 5 (7.25%) Middleware
2 3 (4.35%) IDoc
2 3 (4.35%) XML
Miscellaneous
1 7 (10.14%) Market Risk
2 6 (8.70%) Credit Risk
3 5 (7.25%) Derivative
4 4 (5.80%) Management Information System
4 4 (5.80%) Self-Motivation
5 3 (4.35%) Equities
5 3 (4.35%) Foreign Exchange (FX)
6 2 (2.90%) Equity Derivative
6 2 (2.90%) Product Ownership
6 2 (2.90%) Reinsurance
7 1 (1.45%) Cyber Threat
7 1 (1.45%) Data Protection Act
Operating Systems
1 2 (2.90%) Linux
1 2 (2.90%) Unix
1 2 (2.90%) Windows
Processes & Methodologies
1 30 (43.48%) Risk Management
2 15 (21.74%) Cybersecurity
3 12 (17.39%) Stakeholder Management
4 10 (14.49%) Risk Assessment
5 9 (13.04%) Problem-Solving
6 8 (11.59%) Data Analysis
6 8 (11.59%) Data Governance
6 8 (11.59%) Risk Register
7 7 (10.14%) Agile
7 7 (10.14%) Analytics
7 7 (10.14%) Validation
8 6 (8.70%) Change Management
8 6 (8.70%) User Acceptance Testing
9 5 (7.25%) Asset Management
9 5 (7.25%) ERP
9 5 (7.25%) ETRM
9 5 (7.25%) Information Security
9 5 (7.25%) Investment Management
9 5 (7.25%) Logistics
9 5 (7.25%) Procure-to-Pay
Programming Languages
1 13 (18.84%) SQL
2 7 (10.14%) Python
3 5 (7.25%) ABAP
3 5 (7.25%) C
3 5 (7.25%) C#
4 1 (1.45%) R
4 1 (1.45%) VBA
Qualifications
1 12 (17.39%) CISSP
2 10 (14.49%) CISM
3 9 (13.04%) CRISC
3 9 (13.04%) Security Cleared
4 7 (10.14%) CISA
5 6 (8.70%) SC Cleared
6 4 (5.80%) Degree
7 2 (2.90%) (ISC)2 CCSP
7 2 (2.90%) Cisco Certification
8 1 (1.45%) Computer Science Degree
8 1 (1.45%) Master's Degree
Quality Assurance & Compliance
1 7 (10.14%) GRC
2 6 (8.70%) Data Quality
2 6 (8.70%) NIST
3 4 (5.80%) ISO 31000
3 4 (5.80%) NCSC
4 3 (4.35%) GDPR
4 3 (4.35%) HMG Security Policy Framework
5 2 (2.90%) Basel III
6 1 (1.45%) Accessibility
6 1 (1.45%) Basel II
6 1 (1.45%) ISO/IEC 27001
6 1 (1.45%) NIST 800
6 1 (1.45%) PMO
6 1 (1.45%) Solvency II
Vendors
1 8 (11.59%) Microsoft
1 8 (11.59%) SAP
2 5 (7.25%) OpenLink
2 5 (7.25%) Triple Point
3 3 (4.35%) MuleSoft
3 3 (4.35%) Oracle
3 3 (4.35%) webMethods
4 2 (2.90%) ServiceNow
5 1 (1.45%) Remedy