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 21 August 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
21 Aug 2014
Same period 2013 Same period 2012
Basel II
Rank 393 366 311
Rank change year-on-year
-27 -55
Contract jobs citing Basel II 19 52 113
As % of all contract IT jobs located in London 0.078% 0.21% 0.43%
As % of the Quality Assurance & Compliance category 1.02% 2.56% 5.33%
Number of daily rates quoted 18 41 88
Average daily rate
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£550 £475 £525
Average daily rate % change year-on-year
+15.78% -9.52%
90% offered a daily rate of more than £476 £365 £450
10% offered a daily rate of more than £650 £550 £650
UK excluding London average daily rate £500 £450 £415
% change year-on-year
+11.11% +8.43%
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
1870 2029 2119
As % of all contract IT jobs located in London 7.72% 8.19% 8.10%
Number of daily rates quoted 1297 1418 1447
Average daily rate £438 £475 £475
Average daily rate % change year-on-year
-7.89% -
90% offered a daily rate of more than £265 £300 £300
10% offered a daily rate of more than £600 £650 £650
UK excluding London average daily rate £375 £350 £355
% change year-on-year
+7.14% -1.40%
Number of hourly rates quoted 25 28 49
Average hourly rate £19.00 £23.40 £18.00
Average hourly rate % change year-on-year
-18.80% +30.00%
90% offered a hourly rate of more than £13.15 £13.46 £12.50
10% offered a hourly rate of more than £48.40 £65.75 £50.01
UK excluding London average hourly rate £19.50 £17.50 £22.50
% change year-on-year
+11.42% -22.22%

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 21 August 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 21 August 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 +4 4 £600 +29.72% 4
Docklands, London - - - - 1
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 21 August 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 18 (48.65%) Finance
2 16 (43.24%) SQL
2 16 (43.24%) Basel III
3 13 (35.14%) Banking
4 12 (32.43%) Credit Risk
5 11 (29.73%) Investment Banking
6 10 (27.03%) Market Risk
7 9 (24.32%) Front Office
8 8 (21.62%) Data Modelling
8 8 (21.62%) Foreign Exchange (FX)
9 7 (18.92%) Project Management
9 7 (18.92%) Agile Software Development
10 6 (16.22%) Data Analysis
10 6 (16.22%) Business Analysis
11 5 (13.51%) Change Management
11 5 (13.51%) Derivative
11 5 (13.51%) Degree
12 4 (10.81%) Risk Management
12 4 (10.81%) Fixed Income
12 4 (10.81%) Data Management
12 4 (10.81%) QA
12 4 (10.81%) User Acceptance Testing
12 4 (10.81%) Solvency II
12 4 (10.81%) COREP
13 3 (8.11%) Data Mining
13 3 (8.11%) Microsoft
13 3 (8.11%) Stakeholder Management
13 3 (8.11%) CRD IV
14 2 (5.41%) VBA
14 2 (5.41%) Oracle

Basel II
Top Related IT Skills in London by Category

For the 6 months to 21 August 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 (5.41%) MS Excel
2 1 (2.70%) S-PLUS
2 1 (2.70%) Spreadsheet
Business Applications
1 1 (2.70%) Oracle Financials
Database & Business Intelligence
1 3 (8.11%) Data Mining
2 1 (2.70%) PowerCenter
2 1 (2.70%) Data Mart
2 1 (2.70%) SQL Server
General
1 18 (48.65%) Finance
2 13 (35.14%) Banking
3 11 (29.73%) Investment Banking
4 9 (24.32%) Front Office
5 1 (2.70%) Legal
5 1 (2.70%) Advertising
Job Titles
1 28 (75.68%) Analyst
2 24 (64.86%) Business Analyst
3 7 (18.92%) Risk Analyst
4 5 (13.51%) Investment Banking Business Analyst
5 4 (10.81%) Project Manager
6 3 (8.11%) Market Risk Analyst
6 3 (8.11%) Data Analyst
6 3 (8.11%) Credit Risk Business Analyst
6 3 (8.11%) IT Business Analyst
6 3 (8.11%) Market Risk Business Analyst
6 3 (8.11%) Credit Risk Analyst
7 2 (5.41%) Governance Manager
7 2 (5.41%) Data Governance Manager
7 2 (5.41%) Data Manager
7 2 (5.41%) Credit Analyst
7 2 (5.41%) Developer
8 1 (2.70%) Architect
8 1 (2.70%) Business Developer
8 1 (2.70%) Solutions Architect
8 1 (2.70%) Senior Manager
Libraries, Frameworks & Software Standards
1 1 (2.70%) XML
1 1 (2.70%) XSD
1 1 (2.70%) XSLT
1 1 (2.70%) FpML
Miscellaneous
1 12 (32.43%) Credit Risk
2 10 (27.03%) Market Risk
3 8 (21.62%) Foreign Exchange (FX)
4 5 (13.51%) Derivative
5 4 (10.81%) Fixed Income
6 1 (2.70%) Equities
6 1 (2.70%) Management Information System
6 1 (2.70%) Statistics
6 1 (2.70%) Mathematics
6 1 (2.70%) Physics
Operating Systems
1 1 (2.70%) UNIX
Processes & Methodologies
1 8 (21.62%) Data Modelling
2 7 (18.92%) Project Management
2 7 (18.92%) Agile Software Development
3 6 (16.22%) Data Analysis
3 6 (16.22%) Business Analysis
4 5 (13.51%) Change Management
5 4 (10.81%) Data Management
5 4 (10.81%) Risk Management
5 4 (10.81%) User Acceptance Testing
6 3 (8.11%) Stakeholder Management
7 2 (5.41%) PRINCE2
7 2 (5.41%) ETL
7 2 (5.41%) Data Mapping
7 2 (5.41%) Business Transformation
7 2 (5.41%) Risk Analytics
7 2 (5.41%) Analytics
7 2 (5.41%) Data Governance
7 2 (5.41%) Test Strategy
7 2 (5.41%) Data Privacy
7 2 (5.41%) CAD
Programming Languages
1 16 (43.24%) SQL
2 2 (5.41%) VBA
2 2 (5.41%) Python
3 1 (2.70%) Shell Script
3 1 (2.70%) R
3 1 (2.70%) C
3 1 (2.70%) PL/SQL
Qualifications
1 5 (13.51%) Degree
2 1 (2.70%) PhD
2 1 (2.70%) PRINCE2 Certification
Quality Assurance & Compliance
1 16 (43.24%) Basel III
2 4 (10.81%) Solvency II
2 4 (10.81%) QA
2 4 (10.81%) COREP
3 3 (8.11%) CRD IV
4 2 (5.41%) Dodd-Frank
5 1 (2.70%) MiFID
5 1 (2.70%) Data Quality
5 1 (2.70%) FATCA
5 1 (2.70%) EMIR
Systems Management
1 1 (2.70%) Symantec Enterprise Vault
Vendors
1 3 (8.11%) Microsoft
2 2 (5.41%) Oracle
2 2 (5.41%) Business Objects
3 1 (2.70%) HP
3 1 (2.70%) EMC
3 1 (2.70%) Hyperion
3 1 (2.70%) Informatica
3 1 (2.70%) Symantec
City of London
Churchill Frank
Rate: £500 - £600 per day
Posted: 15 days ago
Docklands
Interquest - ITQ Financial - Tunbridge Wells
Posted: 17 days ago
Bromley
Hays IT - Uk Posting account
Rate: £400.00 - £450.00 per annum
Posted: 23 days ago