The table below looks at the statistics for the Market Risk Developer role in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Market Risk Developer in their job title over the 3 months to 29 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
29 Aug 2014
Same period 2013 Same period 2012
Market Risk Developer
Rank 411 422 399
Rank change year-on-year
+11 -23
Contract jobs requiring a Market Risk Developer 3 9 8
As % of all contract IT jobs located in London 0.012% 0.036% 0.031%
As % of the Job Titles category 0.013% 0.039% 0.033%
Number of daily rates quoted 2 1 5
Average daily rate
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£525 £550 £525
Average daily rate % change year-on-year
-4.54% +4.76%
90% offered a daily rate of more than £495 £550 £455
10% offered a daily rate of more than £555 £550 £585
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Market Risk Developer
England

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
London
Contract IT job ads with a match in the
Job Titles category
22500 23238 24253
As % of all contract IT jobs located in London 92.48% 92.90% 93.11%
Number of daily rates quoted 15318 15932 15951
Average daily rate £425 £438 £425
Average daily rate % change year-on-year
-2.85% +2.94%
90% offered a daily rate of more than £270 £275 £268
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £340
% change year-on-year
- +2.94%
Number of hourly rates quoted 423 451 618
Average hourly rate £17.50 £19.13 £20.00
Average hourly rate % change year-on-year
-8.49% -4.37%
90% offered a hourly rate of more than £11.50 £13.00 £13.00
10% offered a hourly rate of more than £45.00 £41.80 £44.50
UK excluding London average hourly rate £16.50 £17.00 £18.00
% change year-on-year
-2.94% -5.55%

Market Risk Developer
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk Developer in the job title across the London region as a proportion of the total demand within the Job Titles category.

Market Risk Developer Jobs Demand Trend in London

Market Risk Developer
Daily Rate Trend in London

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

Market Risk Developer Daily Rate Trend in London

Market Risk Developer
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 Market Risk Developer within the London region over the 3 months to 29 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 - - - -
Market Risk Developer
England

Market Risk Developer
Top 30 Related IT Skills in London

For the 6 months to 29 August 2014, IT contractor jobs across the London region that cited Market Risk Developer in their job title 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 with Market Risk Developer in their job title.

1 7 (100.00%) C#
1 7 (100.00%) Market Risk
2 3 (42.86%) SQL
2 3 (42.86%) .NET
2 3 (42.86%) Oracle
2 3 (42.86%) SQL Server
3 2 (28.57%) C++
3 2 (28.57%) Front Office
3 2 (28.57%) Fixed Income
3 2 (28.57%) ASP.NET
3 2 (28.57%) Microsoft
3 2 (28.57%) Foreign Exchange (FX)
3 2 (28.57%) Degree
3 2 (28.57%) Banking
3 2 (28.57%) Release Management
3 2 (28.57%) User Acceptance Testing
3 2 (28.57%) Multithreading
3 2 (28.57%) Credit Risk
4 1 (14.29%) Greeks
4 1 (14.29%) Change Control
4 1 (14.29%) Relational Database
4 1 (14.29%) Investment Banking
4 1 (14.29%) Derivative
4 1 (14.29%) .NET Framework
4 1 (14.29%) Computer Science
4 1 (14.29%) RAD
4 1 (14.29%) MS Excel
4 1 (14.29%) Scrum
4 1 (14.29%) VBA
4 1 (14.29%) Sybase

Market Risk Developer
Top Related IT Skills in London by Category

For the 6 months to 29 August 2014, IT contractor jobs across the London region that cited Market Risk Developer in their job title 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 with Market Risk Developer in their job title. Up to 20 skills are shown per category.

Applications
1 1 (14.29%) MS Excel
Database & Business Intelligence
1 3 (42.86%) SQL Server
2 1 (14.29%) Relational Database
General
1 2 (28.57%) Front Office
1 2 (28.57%) Banking
2 1 (14.29%) Investment Banking
Libraries, Frameworks & Software Standards
1 3 (42.86%) .NET
2 2 (28.57%) ASP.NET
3 1 (14.29%) .NET Framework
Miscellaneous
1 7 (100.00%) Market Risk
2 2 (28.57%) Credit Risk
2 2 (28.57%) Foreign Exchange (FX)
2 2 (28.57%) Fixed Income
3 1 (14.29%) Derivative
3 1 (14.29%) Computer Science
Processes & Methodologies
1 2 (28.57%) Release Management
1 2 (28.57%) User Acceptance Testing
1 2 (28.57%) Multithreading
2 1 (14.29%) Greeks
2 1 (14.29%) Change Control
2 1 (14.29%) RAD
2 1 (14.29%) Scrum
Programming Languages
1 7 (100.00%) C#
2 3 (42.86%) SQL
3 2 (28.57%) C++
4 1 (14.29%) VBA
Qualifications
1 2 (28.57%) Degree
Vendors
1 3 (42.86%) Oracle
2 2 (28.57%) Microsoft
3 1 (14.29%) Sybase