The table below looks at the statistics for Basel II skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 29 May 2015 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.

Location
3 months to
29 May 2015
Same period 2014 Same period 2013
Basel II
Rank 389 384 354
Rank change year-on-year
-5 -30
Contract jobs citing Basel II 13 21 46
As % of all contract IT jobs located in London 0.059% 0.092% 0.21%
As % of the Quality Assurance & Compliance category 0.73% 1.09% 2.43%
Number of daily rates quoted 6 17 36
Average daily rate
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£525 £513 £525
Average daily rate % change year-on-year
+2.43% -2.38%
90% offered a daily rate of more than £400 £478 £400
10% offered a daily rate of more than £575 £560 £575
UK excluding London average daily rate £475 £451 £400
% change year-on-year
+5.43% +12.62%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Basel II
England

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 London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1773 1920 1894
As % of all contract IT jobs located in London 8.09% 8.43% 8.57%
Number of daily rates quoted 1253 1383 1325
Average daily rate £475 £450 £475
Average daily rate % change year-on-year
+5.55% -5.26%
90% offered a daily rate of more than £300 £275 £300
10% offered a daily rate of more than £626 £625 £625
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 21 24 33
Average hourly rate £20.00 £22.75 £27.00
Average hourly rate % change year-on-year
-12.08% -15.74%
90% offered a hourly rate of more than £12.80 £14.40 £13.98
10% offered a hourly rate of more than £117.00 £59.95 £135.00
UK excluding London average hourly rate £21.55 £21.00 £18.50
% change year-on-year
+2.61% +13.51%

Basel II
Jobs Demand Trend in London

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

Basel II Jobs Demand Trend in London

Basel II
Daily Rate Trend in London

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

Basel II Daily Rate Trend in London

Basel II
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel II across the London region over the 3 months to 29 May 2015.

Basel II Daily Rate Histogram in London

Basel II
Hourly Rate Trend in London

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

Basel II Hourly Rate Trend in London

Basel II
Contract Job Locations in London

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 London region over the 3 months to 29 May 2015. 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
City of London +10 3 £500 +0.25% 2
Docklands, London - 1 £550 -
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 29 May 2015, IT contractor jobs across the London 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 21 (75.00%) Finance
2 18 (64.29%) Banking
3 11 (39.29%) Credit Risk
4 8 (28.57%) Analytics
5 7 (25.00%) Basel III
5 7 (25.00%) Data Management
5 7 (25.00%) MS PowerPoint
6 6 (21.43%) Risk Management
6 6 (21.43%) Data Governance
7 5 (17.86%) Project Management
7 5 (17.86%) SAS
8 4 (14.29%) PRINCE2
8 4 (14.29%) MS Excel
8 4 (14.29%) Data Warehouse
8 4 (14.29%) MS Visio
8 4 (14.29%) SQL
8 4 (14.29%) Stakeholder Management
8 4 (14.29%) Data Analysis
8 4 (14.29%) Market Risk
8 4 (14.29%) Stress Testing
8 4 (14.29%) Degree
8 4 (14.29%) Analytical Skills
9 3 (10.71%) Data Visualisation
9 3 (10.71%) Data Privacy
9 3 (10.71%) Data Integration
9 3 (10.71%) Visualisation
9 3 (10.71%) Social Media
9 3 (10.71%) Data Quality
9 3 (10.71%) Solvency II
9 3 (10.71%) Big Data

Basel II
Top Related IT Skills in London by Category

For the 6 months to 29 May 2015, IT contractor jobs across the London 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 5 (17.86%) SAS
2 1 (3.57%) SharePoint
Applications
1 7 (25.00%) MS PowerPoint
2 4 (14.29%) MS Excel
2 4 (14.29%) MS Visio
3 2 (7.14%) MS Office
Database & Business Intelligence
1 4 (14.29%) Data Warehouse
2 3 (10.71%) Big Data
3 2 (7.14%) Hadoop
4 1 (3.57%) Data Mining
General
1 21 (75.00%) Finance
2 18 (64.29%) Banking
3 3 (10.71%) Front Office
4 2 (7.14%) Financial Institution
4 2 (7.14%) Legal
4 2 (7.14%) Investment Banking
4 2 (7.14%) Retail
5 1 (3.57%) Japanese Language
5 1 (3.57%) Telecoms
Job Titles
1 7 (25.00%) Project Manager
2 6 (21.43%) Analyst
3 4 (14.29%) Business Analyst
3 4 (14.29%) Data Manager
3 4 (14.29%) Credit Risk Business Analyst
3 4 (14.29%) Credit Risk Analyst
4 3 (10.71%) Credit Risk Project Manager
4 3 (10.71%) Data Governance Manager
4 3 (10.71%) Governance Manager
5 2 (7.14%) Programme Manager
5 2 (7.14%) Senior Analyst
6 1 (3.57%) Oracle Architect
6 1 (3.57%) Quantitative Project Manager
6 1 (3.57%) SAS Consultant
6 1 (3.57%) Senior Risk Analyst
6 1 (3.57%) Senior Reporting Analyst
6 1 (3.57%) Report Analyst
6 1 (3.57%) Oracle Technical Architect
6 1 (3.57%) Data Modeller
6 1 (3.57%) Senior Programme Manager
Libraries, Frameworks & Software Standards
1 1 (3.57%) COM
Miscellaneous
1 11 (39.29%) Credit Risk
2 4 (14.29%) Market Risk
2 4 (14.29%) Analytical Skills
3 3 (10.71%) Data Integration
3 3 (10.71%) Visualisation
3 3 (10.71%) Social Media
4 1 (3.57%) Computer Science
4 1 (3.57%) Credit Derivative
4 1 (3.57%) Derivative
4 1 (3.57%) Interest Rate Derivative
4 1 (3.57%) Statistics
4 1 (3.57%) Fixed Income
4 1 (3.57%) Management Information System
Processes & Methodologies
1 8 (28.57%) Analytics
2 7 (25.00%) Data Management
3 6 (21.43%) Risk Management
3 6 (21.43%) Data Governance
4 5 (17.86%) Project Management
5 4 (14.29%) PRINCE2
5 4 (14.29%) Stakeholder Management
5 4 (14.29%) Data Analysis
5 4 (14.29%) Stress Testing
6 3 (10.71%) Data Visualisation
6 3 (10.71%) Data Privacy
6 3 (10.71%) Master Data Management
6 3 (10.71%) Customer Analytics
6 3 (10.71%) Programme Management
6 3 (10.71%) Validation
6 3 (10.71%) Data Security
7 2 (7.14%) Change Management
7 2 (7.14%) Migration
7 2 (7.14%) Business Analysis
7 2 (7.14%) Asset Management
Programming Languages
1 4 (14.29%) SQL
2 2 (7.14%) VBA
3 1 (3.57%) R
3 1 (3.57%) C
3 1 (3.57%) C++
3 1 (3.57%) Java
3 1 (3.57%) Perl
Qualifications
1 4 (14.29%) Degree
2 1 (3.57%) SAS Certification
Quality Assurance & Compliance
1 7 (25.00%) Basel III
2 3 (10.71%) Data Quality
2 3 (10.71%) Solvency II
3 2 (7.14%) CRD IV
3 2 (7.14%) Dodd-Frank
3 2 (7.14%) COREP
4 1 (3.57%) QA
4 1 (3.57%) FATCA
4 1 (3.57%) FINREP
4 1 (3.57%) EMIR
Vendors
1 3 (10.71%) Microsoft
2 1 (3.57%) Cloudera
2 1 (3.57%) Teradata
2 1 (3.57%) Oracle
London
Real Staffing
Rate: £650 per day + competitive
Posted: Yesterday