The table below looks at the prevalence of the term Market Risk in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 20 February 2017 with a comparison to the same period over 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.

3 months to
20 Feb 2017
Same period 2016 Same period 2015
Market Risk
England / London
Rank 294 261 237
Rank change year-on-year
-33 -24
Contract jobs citing Market Risk 111 150 175
As % of all contract IT jobs located in London 0.57% 0.71% 0.82%
As % of the Miscellaneous category 1.68% 2.07% 2.33%
Number of daily rates quoted 88 100 133
Median daily rate £600 £588 £575
Median daily rate % change year-on-year
+2.12% +2.17%
90% offered a daily rate of more than £474 £475 £380
10% offered a daily rate of more than £825 £1,100 £745
UK excluding London median daily rate £623 £525 £400
% change year-on-year
+18.57% +31.25%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the London region.

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
6600 7252 7509
As % of all contract IT jobs located in London 34.06% 34.38% 35.11%
Number of daily rates quoted 4563 5084 5218
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £300 £288 £290
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 127 119 144
Median hourly rate £25.00 £21.00 £20.00
Median hourly rate % change year-on-year
+19.04% +5.00%
90% offered a hourly rate of more than £13.00 £12.80 £13.00
10% offered a hourly rate of more than £55.00 £39.10 £37.10
UK excluding London median hourly rate £17.00 £22.50 £17.94
% change year-on-year
-24.44% +25.43%

Market Risk
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Market Risk as a proportion of all IT contracts with a match in the Miscellaneous category.

Market Risk Jobs Demand Trend in London

Market Risk
Daily Rate Trend in London

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

Market Risk Daily Rate Trend in London

Market Risk
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Market Risk across the London region over the 3 months to 20 February 2017.

Market Risk Daily Rate Histogram in London

Market Risk
Hourly Rate Trend in London

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

Market Risk Hourly Rate Trend in London

Market Risk
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the London region over the 3 months to 20 February 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +7 35 £615 +10.81% 3
Docklands, London +3 5 £588 +56.66%
Canary Wharf +2 2 £625 -25.59%
Market Risk
England

Market Risk
Top 30 Related IT Skills in London

For the 6 months to 20 February 2017, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Market Risk.

1 170 (64.89%) Finance
2 114 (43.51%) Banking
3 79 (30.15%) Risk Management
3 79 (30.15%) Java
4 74 (28.24%) Mathematics
5 72 (27.48%) Credit Risk
6 66 (25.19%) C++
7 62 (23.66%) Front Office
8 59 (22.52%) C#
9 56 (21.37%) Derivative
9 56 (21.37%) Agile Software Development
10 46 (17.56%) SQL
10 46 (17.56%) Investment Banking
10 46 (17.56%) Analytics
11 42 (16.03%) OO
12 41 (15.65%) Foreign Exchange (FX)
13 35 (13.36%) Python
14 33 (12.60%) Degree
15 31 (11.83%) Analytical Skills
15 31 (11.83%) Big Data
16 28 (10.69%) Subversion
17 27 (10.31%) Oracle
17 27 (10.31%) PnL Attribution
18 26 (9.92%) Multithreading
19 24 (9.16%) Project Management
19 24 (9.16%) Business Analysis
19 24 (9.16%) Physics
20 23 (8.78%) Hadoop
21 22 (8.40%) Scala
21 22 (8.40%) MATLAB

Market Risk
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 21 (8.02%) Apache Spark
2 9 (3.44%) Oracle Coherence
3 6 (2.29%) JBoss
3 6 (2.29%) WebLogic
4 5 (1.91%) Apache Pig
5 4 (1.53%) DataSynapse
5 4 (1.53%) Tomcat
6 3 (1.15%) IBM HTTP Server
6 3 (1.15%) SAS
6 3 (1.15%) WebSphere
6 3 (1.15%) WebSphere Application Server
7 1 (0.38%) GemFire
Applications
1 14 (5.34%) MS Office
2 12 (4.58%) MS Excel
3 5 (1.91%) MS PowerPoint
4 4 (1.53%) Spreadsheet
5 2 (0.76%) MS Project
6 1 (0.38%) MS Visio
Business Applications
1 6 (2.29%) Adaptiv
2 1 (0.38%) Findur
2 1 (0.38%) SAP Oil and Gas
2 1 (0.38%) Summit
2 1 (0.38%) Sylvan
Cloud Services
1 1 (0.38%) Amazon AWS
1 1 (0.38%) OpenShift
1 1 (0.38%) PaaS
Communications & Networking
1 1 (0.38%) Internet
Database & Business Intelligence
1 31 (11.83%) Big Data
2 23 (8.78%) Hadoop
3 22 (8.40%) SQL Server
4 9 (3.44%) Apache Cassandra
4 9 (3.44%) Data Lake
5 7 (2.67%) BusinessObjects
6 6 (2.29%) Data Warehouse
6 6 (2.29%) Oracle Database
6 6 (2.29%) Relational Database
7 5 (1.91%) HBase
8 4 (1.53%) Power BI
8 4 (1.53%) SQL Server Reporting Services
9 3 (1.15%) Hazelcast
9 3 (1.15%) SQL Server Analysis Services
10 2 (0.76%) SQL Server 2016
10 2 (0.76%) SQL Server Integration Services
11 1 (0.38%) Base SAS
11 1 (0.38%) InterSystems Cache
11 1 (0.38%) MS Access
11 1 (0.38%) SAS Enterprise Guide
Development Applications
1 28 (10.69%) Subversion
2 21 (8.02%) JIRA
3 9 (3.44%) Jenkins
4 7 (2.67%) JUnit
5 6 (2.29%) Cucumber
5 6 (2.29%) Git (software)
5 6 (2.29%) JSUnit
5 6 (2.29%) PHPUnit
6 4 (1.53%) Team Foundation Server
6 4 (1.53%) Visual Studio
7 3 (1.15%) Maven
7 3 (1.15%) NUnit
8 1 (0.38%) Grunt
8 1 (0.38%) Jasmine
8 1 (0.38%) Mocha
8 1 (0.38%) TeamCity
General
1 170 (64.89%) Finance
2 114 (43.51%) Banking
3 62 (23.66%) Front Office
4 46 (17.56%) Investment Banking
5 11 (4.20%) Financial Institution
6 10 (3.82%) Retail
7 5 (1.91%) French Language
8 4 (1.53%) Back Office
8 4 (1.53%) Retail Banking
9 3 (1.15%) Marketing
10 2 (0.76%) Legal
10 2 (0.76%) Wholesale Banking
Job Titles
1 129 (49.24%) Developer
2 76 (29.01%) Analyst
3 56 (21.37%) Risk Analyst
4 48 (18.32%) Business Analyst
5 42 (16.03%) Market Risk Analyst
6 39 (14.89%) Market Risk Developer
7 38 (14.50%) Java Developer
7 38 (14.50%) Quantitative Developer
8 35 (13.36%) Risk Business Analyst
9 29 (11.07%) C++ Developer
10 28 (10.69%) Architect
11 27 (10.31%) C# Developer
12 25 (9.54%) Market Risk Java Developer
13 24 (9.16%) Market Risk Business Analyst
14 23 (8.78%) Senior Developer
15 21 (8.02%) Solutions Architect
16 17 (6.49%) MATLAB Developer
17 16 (6.11%) Qualitative Analyst
17 16 (6.11%) Quantitative Analyst
18 15 (5.73%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 18 (6.87%) .NET
2 12 (4.58%) Web Services
3 8 (3.05%) XML
4 7 (2.67%) RESTful
4 7 (2.67%) WPF
5 6 (2.29%) STL
5 6 (2.29%) WCF
6 5 (1.91%) Spring
6 5 (1.91%) XSD
7 4 (1.53%) AngularJS
7 4 (1.53%) CSS
7 4 (1.53%) HTML
7 4 (1.53%) HTML5
7 4 (1.53%) J2EE
7 4 (1.53%) Node.js
8 3 (1.15%) ASP.NET
8 3 (1.15%) Backbone.js
8 3 (1.15%) CSS3
8 3 (1.15%) React
8 3 (1.15%) XSLT
Miscellaneous
1 72 (27.48%) Credit Risk
2 56 (21.37%) Derivative
3 41 (15.65%) Foreign Exchange (FX)
4 31 (11.83%) Analytical Skills
5 20 (7.63%) Equities
6 19 (7.25%) Fixed Income
7 18 (6.87%) Computer Science
8 12 (4.58%) Algorithms
8 12 (4.58%) Management Information System
9 9 (3.44%) Credit Derivative
9 9 (3.44%) Taxonomies
10 7 (2.67%) Virtual Team
11 5 (1.91%) User Experience
12 4 (1.53%) OTC Derivatives
13 3 (1.15%) Grid Computing
14 2 (0.76%) Equity Derivative
15 1 (0.38%) Interest Rate Derivative
15 1 (0.38%) N-Tier
15 1 (0.38%) PMI
15 1 (0.38%) Tandem
Operating Systems
1 21 (8.02%) Unix
2 10 (3.82%) Linux
3 7 (2.67%) Windows
Processes & Methodologies
1 79 (30.15%) Risk Management
2 74 (28.24%) Mathematics
3 56 (21.37%) Agile Software Development
4 46 (17.56%) Analytics
5 42 (16.03%) OO
6 27 (10.31%) PnL Attribution
7 26 (9.92%) Multithreading
8 24 (9.16%) Business Analysis
8 24 (9.16%) Physics
8 24 (9.16%) Project Management
9 21 (8.02%) Quantitative Finance
9 21 (8.02%) Scrum
9 21 (8.02%) Validation
10 20 (7.63%) Mathematical Modelling
10 20 (7.63%) SDLC
11 19 (7.25%) OOP
12 18 (6.87%) Data Modelling
12 18 (6.87%) Stress Testing
13 17 (6.49%) Monte Carlo Method
14 15 (5.73%) Risk Analytics
Programming Languages
1 79 (30.15%) Java
2 66 (25.19%) C++
3 59 (22.52%) C#
4 46 (17.56%) SQL
5 35 (13.36%) Python
6 22 (8.40%) MATLAB
6 22 (8.40%) Scala
7 16 (6.11%) VBA
8 9 (3.44%) Haskell
8 9 (3.44%) Korn
9 7 (2.67%) C
10 6 (2.29%) Perl
11 4 (1.53%) R
12 2 (0.76%) JavaScript
12 2 (0.76%) Shell Script
13 1 (0.38%) F#
13 1 (0.38%) PL/SQL
13 1 (0.38%) VB
13 1 (0.38%) VB.NET
Qualifications
1 33 (12.60%) Degree
2 14 (5.34%) PhD
3 3 (1.15%) CBAP
3 3 (1.15%) ISEB
3 3 (1.15%) Six Sigma Black Belt
4 2 (0.76%) CFA
5 1 (0.38%) MBA
5 1 (0.38%) PMI Certification
Quality Assurance & Compliance
1 14 (5.34%) MiFID
2 10 (3.82%) Basel III
2 10 (3.82%) Dodd-Frank
2 10 (3.82%) QA
3 5 (1.91%) Data Quality
4 4 (1.53%) EMIR
4 4 (1.53%) Solvency II
5 3 (1.15%) SLA
6 2 (0.76%) Basel II
6 2 (0.76%) IFRS
6 2 (0.76%) IFRS 9
7 1 (0.38%) FATCA
System Software
1 4 (1.53%) HDFS
2 1 (0.38%) Active Directory
2 1 (0.38%) Tivoli Workload Scheduler
Systems Management
1 6 (2.29%) Puppet
2 1 (0.38%) Tivoli
Vendors
1 27 (10.31%) Oracle
2 13 (4.96%) Microsoft
3 11 (4.20%) Sybase
4 7 (2.67%) Algorithmics
5 3 (1.15%) Cloudera
5 3 (1.15%) GoldenSource
5 3 (1.15%) IBM
5 3 (1.15%) Murex
6 2 (0.76%) Infragistics
6 2 (0.76%) Perforce
6 2 (0.76%) TIBCO
6 2 (0.76%) Vertica
7 1 (0.38%) BISAM
7 1 (0.38%) Bloomberg
7 1 (0.38%) FactSet
7 1 (0.38%) Red Hat
7 1 (0.38%) Reuters
7 1 (0.38%) SAP
7 1 (0.38%) Sophis
7 1 (0.38%) StatPro
London
Hays London City Cheapside
Rate: £525.00 - £575.00 per day
Posted: 7 days ago
City, London
Spencer Rose
Rate: From £600 to £700 per annum
Posted: 6 days ago