The first 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 average contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 19 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 terms in our Miscellaneous 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
19 Jun 2013
Same period 2012 Same period 2011
Market Risk
Rank 154 122 87
Rank change year-on-year
-32 -35
Contract jobs citing Market Risk 298 414 714
As % of all contract IT jobs located in London 1.307% 1.557% 2.269%
As % of the Miscellaneous category 3.945% 4.874% 6.042%
Number of daily rates quoted 202 348 458
Average daily rate £550 £550 £575
Average daily rate % change year-on-year
- -4.34%
90% offered a daily rate of more than £450 £400 £450
10% offered a daily rate of more than £625 £650 £700
UK excluding London average daily rate £575 £475 £388
% change year-on-year
+21.05% +22.58%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £72.50 -
All of the Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7553 8494 11818
As % of all contract IT jobs located in London 33.12% 31.95% 37.56%
Number of daily rates quoted 5226 5808 8072
Average daily rate £475 £475 £550
Average daily rate % change year-on-year
- -13.63%
90% offered a daily rate of more than £275 £275 £325
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £350 £345 £328
% change year-on-year
+1.44% +5.34%
Number of hourly rates quoted 152 192 165
Average hourly rate £22.50 £22.50 £21.50
Average hourly rate % change year-on-year
- +4.65%
90% offered a hourly rate of more than £14.50 £13.00 £12.30
10% offered a hourly rate of more than £45.00 £47.50 £52.30
UK excluding London average hourly rate £21.63 £22.50 £25.00
% change year-on-year
-3.88% -10.00%
Market Risk
England

Market Risk
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk across the London region as a proportion of the total demand within the Miscellaneous category.

London Market Risk Jobs Demand Trend

Market Risk
Daily Rate Trend

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

London Market Risk Daily Rate Trend

Market Risk
Daily Rate Histogram

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 19 June 2013.

London Market Risk Daily Rate Histogram

Market Risk
Hourly Rate Trend

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

London Market Risk Hourly Rate Trend

Market Risk
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Market Risk within the London region over the 3 months to 19 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 -7 127 £550 - 33
Canary Wharf +7 13 £585 +11.33%
Docklands, London +1 3 £575 +1.76%
Market Risk
England

Market Risk
Top 30 Related IT Skills

For the 6 months to 19 June 2013, IT contractor jobs across the London region citing Market Risk 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 Market Risk.

1 282 (52.22%) Banking
2 245 (45.37%) SQL
3 220 (40.74%) Finance
4 200 (37.04%) Investment Banking
5 186 (34.44%) Risk Management
6 143 (26.48%) Credit Risk
7 134 (24.81%) C#
8 127 (23.52%) Front Office
9 125 (23.15%) Derivative
10 103 (19.07%) VBA
11 92 (17.04%) Degree
12 91 (16.85%) Business Analysis
13 88 (16.30%) Stress Testing
14 83 (15.37%) Project Management
15 81 (15.00%) Oracle
16 79 (14.63%) UML
17 74 (13.70%) .NET
18 69 (12.78%) Foreign Exchange (FX)
18 69 (12.78%) Credit Derivative
19 68 (12.59%) Data Modelling
19 68 (12.59%) Analytics
20 65 (12.04%) Data Analysis
20 65 (12.04%) Java
21 64 (11.85%) SQL Server
22 63 (11.67%) Data Warehouse
23 61 (11.30%) MS Excel
24 57 (10.56%) Fixed Income
25 53 (9.815%) Agile Software Development
26 51 (9.444%) Python
26 51 (9.444%) SQL Server Analysis Services

Market Risk
Top Related IT Skills by Category

For the 6 months to 19 June 2013, IT contractor jobs across the London region citing Market Risk 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 Market Risk. Up to 20 skills are shown per category.

Application Development
1 74 (13.70%) .NET
2 41 (7.593%) MDX
3 23 (4.259%) XML
4 21 (3.889%) WCF
4 21 (3.889%) WPF
5 19 (3.519%) ASP.NET
6 15 (2.778%) FpML
7 10 (1.852%) Spring
8 9 (1.667%) Web Services
8 9 (1.667%) LINQ
9 7 (1.296%) .NET Framework
10 6 (1.111%) JMS
10 6 (1.111%) J2EE
11 5 (0.926%) JDBC
11 5 (0.926%) Spring MVC
11 5 (0.926%) ASP.NET MVC
12 4 (0.741%) HTML
13 3 (0.556%) STL
13 3 (0.556%) XML Schema
13 3 (0.556%) WinForms
Application Platforms
1 11 (2.037%) SharePoint
2 10 (1.852%) TIBCO EMS
3 5 (0.926%) SharePoint Server
4 4 (0.741%) SAS
5 1 (0.185%) WebLogic
Applications
1 61 (11.30%) MS Excel
2 13 (2.407%) MS Project
3 9 (1.667%) MS Visio
4 8 (1.481%) MS Office
5 6 (1.111%) PowerPivot
6 5 (0.926%) MS PowerPoint
7 1 (0.185%) Spreadsheet
Business Applications
1 10 (1.852%) Adaptiv
2 4 (0.741%) Bloomberg TOMS
2 4 (0.741%) Summit
2 4 (0.741%) BusinessWorks
3 2 (0.370%) Kondor+
Communications & Networking
1 6 (1.111%) SAN
2 3 (0.556%) HTTP
2 3 (0.556%) HTTPS
2 3 (0.556%) Firewall
2 3 (0.556%) NAS
3 2 (0.370%) LAN
3 2 (0.370%) WAN
3 2 (0.370%) FTP
Database & Business Intelligence
1 64 (11.85%) SQL Server
2 63 (11.67%) Data Warehouse
3 51 (9.444%) SQL Server Analysis Services
4 35 (6.481%) OLAP
5 33 (6.111%) MS Access
6 30 (5.556%) QlikView
7 24 (4.444%) TOAD
8 23 (4.259%) Oracle OLAP
9 21 (3.889%) SQL Server Integration Services
9 21 (3.889%) SQLPlus
10 20 (3.704%) RDBMS
10 20 (3.704%) SQL Server Reporting Services
11 18 (3.333%) Microsoft Analysis Services
11 18 (3.333%) SQL Server 2008
12 13 (2.407%) Data Mining
13 8 (1.481%) OLTP
14 7 (1.296%) Oracle 11g
15 6 (1.111%) PerformancePoint
15 6 (1.111%) SQL Server 2012
15 6 (1.111%) Big Data
Development Applications
1 30 (5.556%) JIRA
2 15 (2.778%) ClearCase
3 9 (1.667%) QuickTest Pro
4 6 (1.111%) TeamCity
4 6 (1.111%) TestDirector
5 5 (0.926%) JUnit
5 5 (0.926%) CruiseControl
5 5 (0.926%) Maven
6 4 (0.741%) Rhino Mocks
6 4 (0.741%) jMock
6 4 (0.741%) NUnit
7 3 (0.556%) Visual Studio
7 3 (0.556%) ERwin
8 2 (0.370%) Microsoft Blend
8 2 (0.370%) Moq
8 2 (0.370%) Balsamiq Mockups
8 2 (0.370%) Subversion
9 1 (0.185%) ClearQuest
9 1 (0.185%) Selenium
9 1 (0.185%) Team Foundation Server
General
1 282 (52.22%) Banking
2 220 (40.74%) Finance
3 200 (37.04%) Investment Banking
4 127 (23.52%) Front Office
5 24 (4.444%) Financial Institution
6 13 (2.407%) Advertising
7 12 (2.222%) French Language
8 10 (1.852%) Back Office
9 7 (1.296%) Legal
10 5 (0.926%) Retail
10 5 (0.926%) Private Banking
11 3 (0.556%) Corporate Banking
12 2 (0.370%) General Ledger
12 2 (0.370%) Retail Banking
13 1 (0.185%) International Banking
13 1 (0.185%) Spanish Language
Job Titles
1 253 (46.85%) Analyst
2 184 (34.07%) Developer
3 181 (33.52%) Business Analyst
4 120 (22.22%) Market Risk Analyst
5 99 (18.33%) Risk Analyst
6 96 (17.78%) Market Risk Business Analyst
7 65 (12.04%) Market Analyst
8 58 (10.74%) Project Manager
8 58 (10.74%) C# Developer
9 55 (10.19%) Investment Banking Business Analyst
10 36 (6.667%) Market Risk Developer
11 32 (5.926%) Banking Business Analyst
12 26 (4.815%) RAD Developer
13 25 (4.630%) Technical Analyst
14 23 (4.259%) Senior Developer
15 20 (3.704%) SQL Developer
15 20 (3.704%) Technical Business Analyst
15 20 (3.704%) Excel Developer
16 19 (3.519%) Java Developer
17 17 (3.148%) VBA Developer
Miscellaneous
1 143 (26.48%) Credit Risk
2 125 (23.15%) Derivative
3 69 (12.78%) Foreign Exchange (FX)
3 69 (12.78%) Credit Derivative
4 57 (10.56%) Fixed Income
5 37 (6.852%) Equities
6 19 (3.519%) Computer Science
7 18 (3.333%) Management Information System
7 18 (3.333%) Reference Data
8 15 (2.778%) Mathematics
9 13 (2.407%) Wiki
10 12 (2.222%) Physics
11 8 (1.481%) Interest Rate Derivative
11 8 (1.481%) Economics
12 5 (0.926%) Swaptions
13 4 (0.741%) PMI
14 3 (0.556%) N-Tier
14 3 (0.556%) Grid Computing
14 3 (0.556%) Replication
14 3 (0.556%) Equity Derivative
Operating Systems
1 13 (2.407%) UNIX
2 8 (1.481%) Windows
2 8 (1.481%) Linux
3 4 (0.741%) Red Hat Enterprise Linux
4 1 (0.185%) Windows Server 2003
4 1 (0.185%) SUSE
4 1 (0.185%) Windows Server 2008
Processes & Methodologies
1 186 (34.44%) Risk Management
2 91 (16.85%) Business Analysis
3 88 (16.30%) Stress Testing
4 83 (15.37%) Project Management
5 79 (14.63%) UML
6 68 (12.59%) Data Modelling
6 68 (12.59%) Analytics
7 65 (12.04%) Data Analysis
8 53 (9.815%) Agile Software Development
9 45 (8.333%) User Acceptance Testing
10 41 (7.593%) Validation
11 40 (7.407%) OO
11 40 (7.407%) RAD
12 38 (7.037%) Risk Analytics
12 38 (7.037%) Multithreading
12 38 (7.037%) TDD
13 35 (6.481%) Test Scripting
13 35 (6.481%) Business Intelligence
14 32 (5.926%) Monte Carlo Method
15 31 (5.741%) Greeks
Programming Languages
1 245 (45.37%) SQL
2 134 (24.81%) C#
3 103 (19.07%) VBA
4 65 (12.04%) Java
5 51 (9.444%) Python
6 18 (3.333%) C++
7 17 (3.148%) Perl
8 16 (2.963%) VBScript
9 15 (2.778%) T-SQL
9 15 (2.778%) Jython
10 14 (2.593%) PL/SQL
11 6 (1.111%) Shell Script
11 6 (1.111%) C
11 6 (1.111%) VB
12 5 (0.926%) VB6
13 4 (0.741%) R
13 4 (0.741%) MATLAB
14 2 (0.370%) VB.NET
14 2 (0.370%) JavaScript
15 1 (0.185%) Fortran
Qualifications
1 92 (17.04%) Degree
2 7 (1.296%) Postgraduate
3 5 (0.926%) PMI Certification
4 2 (0.370%) CFA
4 2 (0.370%) MBA
4 2 (0.370%) ACCA
4 2 (0.370%) ISEB
4 2 (0.370%) ITIL Certification
4 2 (0.370%) PMP
4 2 (0.370%) PhD
5 1 (0.185%) CIMA
5 1 (0.185%) ISTQB
Quality Assurance & Compliance
1 39 (7.222%) Basel III
2 28 (5.185%) Basel II
3 15 (2.778%) QA
4 3 (0.556%) Data Quality
5 2 (0.370%) SLA
6 1 (0.185%) ISO 9001
6 1 (0.185%) Sarbanes-Oxley
System Software
1 1 (0.185%) Active Directory
Systems Management
1 11 (2.037%) HP Quality Center
Vendors
1 81 (15.00%) Oracle
2 38 (7.037%) Microsoft
3 34 (6.296%) Business Objects
4 23 (4.259%) Murex
5 14 (2.593%) TIBCO
6 11 (2.037%) Bloomberg
7 10 (1.852%) SunGard
8 7 (1.296%) Calypso
8 7 (1.296%) Algorithmics
9 6 (1.111%) Sybase
10 5 (0.926%) Remedy
11 4 (0.741%) Reuters
11 4 (0.741%) StatPro
11 4 (0.741%) Red Hat
11 4 (0.741%) SAP
12 3 (0.556%) Informatica
12 3 (0.556%) Perforce
12 3 (0.556%) Twitter
13 2 (0.370%) iRise
13 2 (0.370%) Wall Street Systems
City of London
Key skills and experience: - Experience with Market Risk IT... - Risk management, VaR, Risk sensitivities, stress testing... Key Words - MARKET RISK, PRODUCT CONTROL, RISK MANAGEMENT, STRESS TESTING, VAR, SQL,...
Huxley Associates
Rate: £500 - £600 per day
Posted: 10 June 2013
City of London
Develop and execute test plans for integration testing... SQL and UML Modelling... Risk Management Qualification... Data Modelling experience (UML or ER) SQL Experience. Market risk knowledge. VaR & Stress...
Real Staffing
Rate: £450 - £550 per day
Posted: 10 June 2013
City, London
Relevant Experience/Qualifications: Object oriented programming experience essential is essential (OOP - particular knowledge of Java or C# would be ideal. Relevant experience within the Risk arena (VaR, greeks,...
ComputAppoint
Rate: £500 - £600 per day
Posted: 13 June 2013
City of London
My Global Banking client, based in London (City - NOT docklands) is looking for a contractor (Oracle Developer) to join their team for a rolling 6 months contract paying...
Huxley Associates
Rate: £450 - £600 per day
Posted: 6 June 2013
City, London
Business Analyst, RAD Developer, SQL, VaR, Greeks, Front Office Risk... It requires a strong background in a front office risk environment (VaR and greeks etc.) as well as...
Thomson Keene Associates
Rate: £500 - £600 per day
Posted: 12 June 2013
City, London
Nicoll Curtin
Rate: £500 - £600 per day
Posted: 14 June 2013
City of London
Orgtel
Rate: £500 - £600 per day
Posted: 4 June 2013
City of London
Real Staffing
Rate: £500 - £600 per day
Posted: 11 June 2013
London
Rate: £500 - £550 per day
Posted: 7 June 2013
London
Rate: £500 - £600 per day
Posted: 4 June 2013
City, London
JM
Posted: 12 June 2013
City of London
Real Staffing
Rate: £500 - £600 per day
Posted: 4 June 2013
City, London
Nicoll Curtin
Rate: £550 - £700 per day
Posted: 14 June 2013
London
Rate: £450 - £460 per day
Posted: 18 June 2013
East London
iKas International
Rate: £550 - £600 per day
Posted: 13 June 2013
City of London
Orgtel
Rate: £350 - £500 per day
Posted: 4 June 2013
London
Venn Group
Rate: £500 Per Annum
Posted: 12 June 2013
City, London
LA International
Posted: 17 June 2013
City of London
Orgtel
Rate: £350 - £500 per day
Posted: 4 June 2013
City of London
Huxley Associates
Rate: £600 - £700 per annum
Posted: 24 May 2013
City of London
Huxley Associates
Posted: 24 May 2013
City of London
Hays Specialist Recruitment
Rate: £550.00 - £600.00 per day
Posted: 17 June 2013
View Market Risk jobs Nationwide