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 19 September 2014 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
19 Sep 2014
Same period 2013 Same period 2012
Basel II
Rank 403 383 315
Rank change year-on-year
-20 -68
Contract jobs citing Basel II 17 51 91
As % of all contract IT jobs located in London 0.069% 0.20% 0.35%
As % of the Quality Assurance & Compliance category 0.88% 2.43% 4.29%
Number of daily rates quoted 14 43 77
Average daily rate
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£538 £488 £525
Average daily rate % change year-on-year
+10.25% -7.14%
90% offered a daily rate of more than £373 £388 £450
10% offered a daily rate of more than £650 £583 £600
UK excluding London average daily rate £488 £441 £418
% change year-on-year
+10.48% +5.68%
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
1921 2103 2120
As % of all contract IT jobs located in London 7.84% 8.37% 8.21%
Number of daily rates quoted 1324 1460 1465
Average daily rate £438 £475 £475
Average daily rate % change year-on-year
-7.89% -
90% offered a daily rate of more than £275 £288 £290
10% offered a daily rate of more than £600 £650 £625
UK excluding London average daily rate £375 £354 £363
% change year-on-year
+6.00% -2.41%
Number of hourly rates quoted 31 23 50
Average hourly rate £18.00 £20.00 £18.00
Average hourly rate % change year-on-year
-10.00% +11.11%
90% offered a hourly rate of more than £12.50 £13.97 £12.50
10% offered a hourly rate of more than £137.50 £67.00 £50.00
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

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 19 September 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 19 September 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
(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 +5 4 £650 +36.84% 4
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 19 September 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 17 (53.13%) Finance
2 14 (43.75%) SQL
3 11 (34.38%) Banking
3 11 (34.38%) Basel III
4 10 (31.25%) Investment Banking
5 9 (28.13%) Foreign Exchange (FX)
5 9 (28.13%) Credit Risk
6 7 (21.88%) Market Risk
6 7 (21.88%) Project Management
7 6 (18.75%) Business Analysis
7 6 (18.75%) Derivative
7 6 (18.75%) Front Office
7 6 (18.75%) Data Analysis
8 5 (15.63%) Analytical Skills
8 5 (15.63%) Data Modelling
9 4 (12.50%) Risk Management
9 4 (12.50%) Change Management
9 4 (12.50%) Agile Software Development
9 4 (12.50%) Fixed Income
9 4 (12.50%) Degree
9 4 (12.50%) Solvency II
10 3 (9.38%) Risk Analytics
10 3 (9.38%) Analytics
10 3 (9.38%) COREP
10 3 (9.38%) User Acceptance Testing
10 3 (9.38%) Data Management
10 3 (9.38%) Data Mining
10 3 (9.38%) Microsoft
10 3 (9.38%) Oracle
11 2 (6.25%) Python

Basel II
Top Related IT Skills in London by Category

For the 6 months to 19 September 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.

Applications
1 2 (6.25%) MS Excel
2 1 (3.13%) Spreadsheet
2 1 (3.13%) S-PLUS
2 1 (3.13%) MS PowerPoint
2 1 (3.13%) MS Project
Business Applications
1 1 (3.13%) Oracle Financials
Database & Business Intelligence
1 3 (9.38%) Data Mining
2 1 (3.13%) Data Mart
2 1 (3.13%) PowerCenter
2 1 (3.13%) SQL Server
General
1 17 (53.13%) Finance
2 11 (34.38%) Banking
3 10 (31.25%) Investment Banking
4 6 (18.75%) Front Office
5 2 (6.25%) Legal
6 1 (3.13%) Advertising
Job Titles
1 25 (78.13%) Analyst
2 19 (59.38%) Business Analyst
3 4 (12.50%) Project Manager
3 4 (12.50%) Data Analyst
3 4 (12.50%) Risk Analyst
3 4 (12.50%) Investment Banking Business Analyst
4 2 (6.25%) Developer
4 2 (6.25%) Data Manager
4 2 (6.25%) Credit Risk Business Analyst
4 2 (6.25%) Market Risk Analyst
4 2 (6.25%) Data Governance Manager
4 2 (6.25%) Market Risk Business Analyst
4 2 (6.25%) Credit Risk Analyst
4 2 (6.25%) Governance Manager
5 1 (3.13%) Solvency II Business Analyst
5 1 (3.13%) Governance Analyst
5 1 (3.13%) Financial Services Business Analyst
5 1 (3.13%) Market Analyst
5 1 (3.13%) Senior Project Manager
5 1 (3.13%) Business Objects Developer
Libraries, Frameworks & Software Standards
1 1 (3.13%) FpML
1 1 (3.13%) XML
1 1 (3.13%) XSD
1 1 (3.13%) XSLT
Miscellaneous
1 9 (28.13%) Foreign Exchange (FX)
1 9 (28.13%) Credit Risk
2 7 (21.88%) Market Risk
3 6 (18.75%) Derivative
4 5 (15.63%) Analytical Skills
5 4 (12.50%) Fixed Income
6 2 (6.25%) Equities
6 2 (6.25%) Management Information System
7 1 (3.13%) Mathematics
7 1 (3.13%) Physics
7 1 (3.13%) Statistics
Operating Systems
1 1 (3.13%) UNIX
Processes & Methodologies
1 7 (21.88%) Project Management
2 6 (18.75%) Business Analysis
2 6 (18.75%) Data Analysis
3 5 (15.63%) Data Modelling
4 4 (12.50%) Risk Management
4 4 (12.50%) Change Management
4 4 (12.50%) Agile Software Development
5 3 (9.38%) Risk Analytics
5 3 (9.38%) Analytics
5 3 (9.38%) User Acceptance Testing
5 3 (9.38%) Data Management
6 2 (6.25%) PRINCE2
6 2 (6.25%) ETL
6 2 (6.25%) Stakeholder Management
6 2 (6.25%) Data Privacy
6 2 (6.25%) Data Governance
6 2 (6.25%) Test Strategy
6 2 (6.25%) Data Analytics
7 1 (3.13%) People Management
7 1 (3.13%) Business Transformation
Programming Languages
1 14 (43.75%) SQL
2 2 (6.25%) Python
2 2 (6.25%) VBA
3 1 (3.13%) R
3 1 (3.13%) Shell Script
3 1 (3.13%) C
3 1 (3.13%) PL/SQL
Qualifications
1 4 (12.50%) Degree
2 1 (3.13%) PRINCE2 Certification
2 1 (3.13%) PhD
Quality Assurance & Compliance
1 11 (34.38%) Basel III
2 4 (12.50%) Solvency II
3 3 (9.38%) COREP
4 2 (6.25%) CRD IV
5 1 (3.13%) Data Quality
5 1 (3.13%) QA
Vendors
1 3 (9.38%) Microsoft
1 3 (9.38%) Oracle
2 2 (6.25%) Business Objects
2 2 (6.25%) Hyperion
3 1 (3.13%) Informatica
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 2 days ago
City of London
Orgtel
Rate: £450 - £550 per day + competitive
Posted: 10 days ago