The first table below looks at the demand 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 18 April 2014 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 London 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
18 Apr 2014
Same period 2013 Same period 2012
Basel II
Rank 393 333 234
Rank change year-on-year
-60 -99
Contract jobs citing Basel II 19 56 202
As % of all contract IT jobs located in London 0.079% 0.26% 0.72%
As % of the Quality Assurance & Compliance category 0.92% 3.18% 8.75%
Number of daily rates quoted 15 43 175
Average daily rate £500 £550 £553
Average daily rate % change year-on-year
-9.09% -0.45%
90% offered a daily rate of more than £310 £355 £350
10% offered a daily rate of more than £565 £640 £650
UK excluding London average daily rate £451 £383 £400
% change year-on-year
+17.77% -4.37%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
2056 1759 2309
As % of all contract IT jobs located in London 8.50% 8.14% 8.24%
Number of daily rates quoted 1444 1192 1493
Average daily rate £450 £465 £475
Average daily rate % change year-on-year
-3.22% -2.10%
90% offered a daily rate of more than £288 £275 £300
10% offered a daily rate of more than £625 £650 £650
UK excluding London average daily rate £365 £330 £350
% change year-on-year
+10.60% -5.71%
Number of hourly rates quoted 39 39 67
Average hourly rate £19.00 £22.32 £17.87
Average hourly rate % change year-on-year
-14.85% +24.90%
90% offered a hourly rate of more than £14.20 £13.49 £11.70
10% offered a hourly rate of more than £75.00 £135.00 £31.95
UK excluding London average hourly rate £18.00 £15.25 £16.43
% change year-on-year
+18.03% -7.15%
Basel II
England

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 18 April 2014.

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 18 April 2014. 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
Find
Job
Vacancies
City of London -28 4 £448 -6.28% 2
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 18 April 2014, 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 15 (50.00%) Finance
2 14 (46.67%) SQL
3 13 (43.33%) Banking
4 12 (40.00%) Credit Risk
4 12 (40.00%) Basel III
5 7 (23.33%) Market Risk
5 7 (23.33%) Data Analysis
5 7 (23.33%) Front Office
5 7 (23.33%) Data Modelling
6 6 (20.00%) Project Management
6 6 (20.00%) Risk Management
6 6 (20.00%) Investment Banking
6 6 (20.00%) Derivative
6 6 (20.00%) Analytics
6 6 (20.00%) CRD IV
6 6 (20.00%) COREP
7 4 (13.33%) Equities
7 4 (13.33%) Legal
7 4 (13.33%) Hyperion
7 4 (13.33%) Foreign Exchange (FX)
7 4 (13.33%) Solvency II
7 4 (13.33%) MiFID
7 4 (13.33%) Agile Software Development
8 3 (10.00%) QA
8 3 (10.00%) Data Analytics
8 3 (10.00%) Risk Analytics
8 3 (10.00%) MS Excel
8 3 (10.00%) MS Access
8 3 (10.00%) Data Warehouse
9 2 (6.67%) ETL

Basel II
Top Related IT Skills in London by Category

For the 6 months to 18 April 2014, 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 1 (3.33%) SAS
Applications
1 3 (10.00%) MS Excel
2 2 (6.67%) MS PowerPoint
3 1 (3.33%) S-PLUS
3 1 (3.33%) MS Visio
Database & Business Intelligence
1 3 (10.00%) MS Access
1 3 (10.00%) Data Warehouse
2 1 (3.33%) SQL Server Integration Services
2 1 (3.33%) PowerCenter
2 1 (3.33%) DataStage
2 1 (3.33%) QualityStage
2 1 (3.33%) SQL Server
2 1 (3.33%) Data Mining
Development Applications
1 1 (3.33%) Talend Open Studio
General
1 15 (50.00%) Finance
2 13 (43.33%) Banking
3 7 (23.33%) Front Office
4 6 (20.00%) Investment Banking
5 4 (13.33%) Legal
6 2 (6.67%) Dutch Language
6 2 (6.67%) Private Banking
7 1 (3.33%) General Ledger
Job Titles
1 20 (66.67%) Analyst
2 14 (46.67%) Business Analyst
3 7 (23.33%) Data Analyst
4 5 (16.67%) Risk Analyst
5 4 (13.33%) Developer
6 3 (10.00%) Credit Risk Business Analyst
6 3 (10.00%) Credit Risk Analyst
7 2 (6.67%) Market Risk Analyst
7 2 (6.67%) Credit Analyst
7 2 (6.67%) Market Risk Business Analyst
7 2 (6.67%) IT Business Analyst
8 1 (3.33%) Senior Business Manager
8 1 (3.33%) Quality Analyst
8 1 (3.33%) IT Risk Analyst
8 1 (3.33%) Infrastructure Solutions Architect
8 1 (3.33%) Investment Banking Business Analyst
8 1 (3.33%) Data Quality Analyst
8 1 (3.33%) Governance Manager
8 1 (3.33%) Compliance Analyst
8 1 (3.33%) Product Manager
Miscellaneous
1 12 (40.00%) Credit Risk
2 7 (23.33%) Market Risk
3 6 (20.00%) Derivative
4 4 (13.33%) Equities
4 4 (13.33%) Foreign Exchange (FX)
5 2 (6.67%) Management Information System
6 1 (3.33%) Statistics
6 1 (3.33%) Mathematics
6 1 (3.33%) Physics
6 1 (3.33%) Credit Derivative
6 1 (3.33%) Fixed Income
Operating Systems
1 2 (6.67%) UNIX
2 1 (3.33%) Windows Server 2008
2 1 (3.33%) Windows
Processes & Methodologies
1 7 (23.33%) Data Analysis
1 7 (23.33%) Data Modelling
2 6 (20.00%) Project Management
2 6 (20.00%) Risk Management
2 6 (20.00%) Analytics
3 4 (13.33%) Agile Software Development
4 3 (10.00%) Data Analytics
4 3 (10.00%) Risk Analytics
5 2 (6.67%) ETL
5 2 (6.67%) CAD
5 2 (6.67%) Stakeholder Management
5 2 (6.67%) Change Management
5 2 (6.67%) Data Management
5 2 (6.67%) Root Cause Analysis
5 2 (6.67%) Monte Carlo Method
5 2 (6.67%) User Acceptance Testing
5 2 (6.67%) Business Analysis
6 1 (3.33%) Business Development
6 1 (3.33%) Stress Testing
6 1 (3.33%) Test Scripting
Programming Languages
1 14 (46.67%) SQL
2 1 (3.33%) R
2 1 (3.33%) Shell Script
2 1 (3.33%) Java
2 1 (3.33%) PL/SQL
2 1 (3.33%) VB
2 1 (3.33%) VBA
Qualifications
1 2 (6.67%) Degree
2 1 (3.33%) PhD
Quality Assurance & Compliance
1 12 (40.00%) Basel III
2 6 (20.00%) CRD IV
2 6 (20.00%) COREP
3 4 (13.33%) Solvency II
3 4 (13.33%) MiFID
4 3 (10.00%) QA
5 2 (6.67%) SLA
5 2 (6.67%) Dodd-Frank
5 2 (6.67%) Data Quality
6 1 (3.33%) FATCA
6 1 (3.33%) EMIR
6 1 (3.33%) FINREP
Systems Management
1 1 (3.33%) Symantec Enterprise Vault
Vendors
1 4 (13.33%) Hyperion
2 2 (6.67%) Informatica
3 1 (3.33%) DataFlux
3 1 (3.33%) Talend
3 1 (3.33%) Microsoft
3 1 (3.33%) HP
3 1 (3.33%) EMC
3 1 (3.33%) Symantec
3 1 (3.33%) Oracle
3 1 (3.33%) Business Objects
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £525 per day
Posted: 23 days ago