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 June 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 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 Jun 2013
Same period 2012 Same period 2011
Basel II
Rank 347 275 235
Rank change year-on-year
-72 -40
Contract jobs citing Basel II 45 140 247
As % of all contract IT jobs located in London 0.195% 0.526% 0.785%
As % of the Quality Assurance & Compliance category 2.621% 6.914% 10.44%
Number of daily rates quoted 34 104 173
Average daily rate £525 £525 £550
Average daily rate % change year-on-year
- -4.54%
90% offered a daily rate of more than £400 £393 £425
10% offered a daily rate of more than £575 £650 £695
UK excluding London average daily rate £401 £419 £413
% change year-on-year
-4.23% +1.51%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Quality Assurance & Compliance
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1717 2025 2366
As % of all contract IT jobs located in London 7.445% 7.604% 7.518%
Number of daily rates quoted 1191 1270 1587
Average daily rate £450 £450 £475
Average daily rate % change year-on-year
- -5.26%
90% offered a daily rate of more than £300 £283 £300
10% offered a daily rate of more than £593 £625 £625
UK excluding London average daily rate £350 £350 £375
% change year-on-year
- -6.66%
Number of hourly rates quoted 33 49 55
Average hourly rate £24.30 £17.87 £19.00
Average hourly rate % change year-on-year
+36.02% -5.97%
90% offered a hourly rate of more than £13.11 £11.00 £12.00
10% offered a hourly rate of more than £52.60 £32.35 £50.00
UK excluding London average hourly rate £18.50 £16.72 £30.00
% change year-on-year
+10.64% -44.26%
Basel II
England

Basel II
Jobs Demand Trend

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.

London Basel II Jobs Demand Trend

Basel II
Daily Rate Trend

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

London Basel II Daily Rate Trend

Basel II
Daily Rate Histogram

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 June 2013.

London Basel II Daily Rate Histogram

Basel II
Hourly Rate Trend

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

London Basel II Hourly Rate Trend

Basel II
Contract Locations

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 June 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
Find
Job
Vacancies
City of London -34 17 £525 - 4
Canary Wharf +8 3 £550 -8.33%
Basel II
England

Basel II
Top 30 Related IT Skills

For the 6 months to 18 June 2013, 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 63 (60.58%) Finance
2 57 (54.81%) Banking
3 46 (44.23%) Basel III
4 39 (37.50%) Investment Banking
5 36 (34.62%) Credit Risk
6 30 (28.85%) Risk Management
7 29 (27.88%) SQL
8 28 (26.92%) Market Risk
9 27 (25.96%) Analytics
10 25 (24.04%) Business Analysis
11 22 (21.15%) Data Analysis
12 16 (15.38%) Derivative
12 16 (15.38%) Validation
13 14 (13.46%) Project Management
14 13 (12.50%) Front Office
14 13 (12.50%) VBA
15 12 (11.54%) Monte Carlo Method
16 11 (10.58%) Greeks
16 11 (10.58%) UML
16 11 (10.58%) OO
16 11 (10.58%) Python
16 11 (10.58%) CRM
17 10 (9.615%) Stakeholder Management
17 10 (9.615%) French Language
17 10 (9.615%) Credit Derivative
17 10 (9.615%) Jython
18 9 (8.654%) Risk Analytics
19 8 (7.692%) TDD
19 8 (7.692%) FpML
19 8 (7.692%) Data Modelling

Basel II
Top Related IT Skills by Category

For the 6 months to 18 June 2013, 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 Development
1 8 (7.692%) FpML
2 1 (0.962%) .NET
2 1 (0.962%) COM
Applications
1 5 (4.808%) MS PowerPoint
2 2 (1.923%) MS Excel
2 2 (1.923%) MS Visio
3 1 (0.962%) MS Office
Business Applications
1 3 (2.885%) Summit
Database & Business Intelligence
1 4 (3.846%) SQL Server
2 3 (2.885%) Data Mining
3 2 (1.923%) TOAD
3 2 (1.923%) SQL Server 2005
3 2 (1.923%) MS Access
3 2 (1.923%) Data Warehouse
3 2 (1.923%) SQL Server 2008
4 1 (0.962%) DTS
4 1 (0.962%) Oracle 8/8i
4 1 (0.962%) Oracle BI EE
4 1 (0.962%) Data Mart
Development Applications
1 5 (4.808%) JIRA
2 2 (1.923%) Balsamiq Mockups
2 2 (1.923%) ERwin
General
1 63 (60.58%) Finance
2 57 (54.81%) Banking
3 39 (37.50%) Investment Banking
4 13 (12.50%) Front Office
5 10 (9.615%) French Language
6 6 (5.769%) Financial Institution
7 4 (3.846%) Legal
8 2 (1.923%) Wholesale Banking
8 2 (1.923%) Retail Banking
8 2 (1.923%) Retail
9 1 (0.962%) Private Banking
Job Titles
1 69 (66.35%) Analyst
2 51 (49.04%) Business Analyst
3 26 (25.00%) Risk Analyst
4 23 (22.12%) Investment Banking Business Analyst
5 14 (13.46%) Market Risk Analyst
5 14 (13.46%) Project Manager
6 12 (11.54%) Banking Business Analyst
6 12 (11.54%) Market Risk Business Analyst
7 11 (10.58%) Market Analyst
8 8 (7.692%) Technical Analyst
8 8 (7.692%) Credit Analyst
9 7 (6.731%) Programme Manager
9 7 (6.731%) Technical Business Analyst
10 6 (5.769%) Solutions Analyst
11 5 (4.808%) Credit Risk Analyst
11 5 (4.808%) Credit Risk Business Analyst
11 5 (4.808%) Risk Manager
12 4 (3.846%) Quantitative Analyst
12 4 (3.846%) IT Risk Analyst
12 4 (3.846%) Operational Risk Manager
Miscellaneous
1 36 (34.62%) Credit Risk
2 28 (26.92%) Market Risk
3 16 (15.38%) Derivative
4 10 (9.615%) Credit Derivative
5 7 (6.731%) Fixed Income
6 4 (3.846%) Management Information System
7 3 (2.885%) Foreign Exchange (FX)
7 3 (2.885%) Reference Data
8 2 (1.923%) Data Conversion
9 1 (0.962%) Economics
9 1 (0.962%) Equity Derivative
9 1 (0.962%) Computer Science
Operating Systems
1 1 (0.962%) Windows
Processes & Methodologies
1 30 (28.85%) Risk Management
2 27 (25.96%) Analytics
3 25 (24.04%) Business Analysis
4 22 (21.15%) Data Analysis
5 16 (15.38%) Validation
6 14 (13.46%) Project Management
7 12 (11.54%) Monte Carlo Method
8 11 (10.58%) Greeks
8 11 (10.58%) UML
8 11 (10.58%) OO
8 11 (10.58%) CRM
9 10 (9.615%) Stakeholder Management
10 9 (8.654%) Risk Analytics
11 8 (7.692%) TDD
11 8 (7.692%) Data Modelling
12 7 (6.731%) Stress Testing
13 6 (5.769%) ETL
13 6 (5.769%) Quality Management
14 5 (4.808%) ITIL
14 5 (4.808%) IT Governance
Programming Languages
1 29 (27.88%) SQL
2 13 (12.50%) VBA
3 11 (10.58%) Python
4 10 (9.615%) Jython
5 7 (6.731%) Java
6 6 (5.769%) C#
7 5 (4.808%) C++
8 1 (0.962%) PL/SQL
Qualifications
1 3 (2.885%) PRINCE2 Certification
2 2 (1.923%) Degree
3 1 (0.962%) ISEB
3 1 (0.962%) ACCA
3 1 (0.962%) CIMA
Quality Assurance & Compliance
1 46 (44.23%) Basel III
2 7 (6.731%) Sarbanes-Oxley
3 5 (4.808%) COBIT
4 2 (1.923%) SLA
5 1 (0.962%) FATCA
Systems Management
1 1 (0.962%) HP Quality Center
Vendors
1 5 (4.808%) Business Objects
2 3 (2.885%) Oracle
3 2 (1.923%) Microsoft
3 2 (1.923%) Murex
3 2 (1.923%) iRise
4 1 (0.962%) Sybase
4 1 (0.962%) Cognos
4 1 (0.962%) Progress
London
Credit Risk Modelling, Basel 2, IAS39, IFRS 9, Wholesale Risk, Stakeholder Management, PD, EAD, LGD, Wholesale portfolio, Our Client, a leading investment bank, has a requirement for 2...
Aston Carter
Rate: £500 - £900 per day
Posted: 12 June 2013
City of London
My clients is looking for someone who will help develop and analyse the understanding of Market Risk factors that go towards determining the regulatpry capital requirements and assiciated...
Orgtel
Rate: £350 - £500 per day
Posted: 4 June 2013
City of London
Key responsibilities will include the following:* Assisting in the review of monthly capital reports and returns and ensuring these are reconciled to the General Ledger in line with...
Orgtel
Rate: £350 - £500 per day
Posted: 4 June 2013
City of London
Credit Risk Business Analyst, Banking, London, Banking Book, RWAs, Basel II, £500-580 A key banking client in London urgently require a strong banking book side credit risk...
Orgtel
Rate: £500 - £580 per day
Posted: 20 May 2013
View Basel II jobs Nationwide