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 9 December 2016 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
9 Dec 2016
Same period 2015 Same period 2014
Market Risk
Rank 276 228 271
Rank change year-on-year
-48 +43
Contract jobs citing Market Risk 147 214 162
As % of all contract IT jobs located in London 0.68% 0.95% 0.69%
As % of the Miscellaneous category 1.90% 2.56% 1.89%
Number of daily rates quoted 120 129 123
Median daily rate £625 £575 £555
Median daily rate % change year-on-year
+8.69% +3.60%
90% offered a daily rate of more than £463 £448 £400
10% offered a daily rate of more than £850 £750 £685
UK excluding London median daily rate - £600 £475
% change year-on-year
- +26.31%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £10.50
UK excluding London median hourly rate - - -
Market Risk
England

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
7744 8347 8557
As % of all contract IT jobs located in London 36.07% 37.00% 36.40%
Number of daily rates quoted 5377 5794 6085
Median daily rate £488 £475 £450
Median daily rate % change year-on-year
+2.63% +5.55%
90% offered a daily rate of more than £300 £288 £263
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £380 £385 £363
% change year-on-year
-1.29% +6.20%
Number of hourly rates quoted 134 143 197
Median hourly rate £20.12 £22.50 £17.00
Median hourly rate % change year-on-year
-10.57% +32.35%
90% offered a hourly rate of more than £13.50 £13.00 £12.50
10% offered a hourly rate of more than £45.00 £43.00 £39.00
UK excluding London median hourly rate £18.94 £19.50 £16.85
% change year-on-year
-2.87% +15.72%

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 9 December 2016.

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 9 December 2016. 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 see detailed
statistics and trends)
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 +1 34 £650 +18.18% 1
Canary Wharf +2 3 £650 +15.55%
Docklands, London -4 1 £725 +25.54%
Market Risk
England

Market Risk
Top 30 Related IT Skills in London

For the 6 months to 9 December 2016, 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.

1 154 (59.69%) Finance
2 130 (50.39%) Banking
3 78 (30.23%) Front Office
4 74 (28.68%) Credit Risk
5 70 (27.13%) Java
6 66 (25.58%) Investment Banking
7 65 (25.19%) Risk Management
8 63 (24.42%) SQL
9 59 (22.87%) Agile Software Development
10 55 (21.32%) C#
11 50 (19.38%) Derivative
12 45 (17.44%) C++
13 43 (16.67%) Foreign Exchange (FX)
14 41 (15.89%) Python
14 41 (15.89%) Analytics
15 36 (13.95%) OO
16 35 (13.57%) Business Analysis
17 34 (13.18%) Degree
17 34 (13.18%) Mathematics
18 33 (12.79%) Analytical Skills
19 31 (12.02%) Project Management
20 27 (10.47%) Equities
21 24 (9.30%) Big Data
22 23 (8.91%) Subversion
23 22 (8.53%) MATLAB
23 22 (8.53%) Multithreading
24 21 (8.14%) Murex
24 21 (8.14%) Physics
25 20 (7.75%) Fixed Income
26 19 (7.36%) Validation

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 17 (6.59%) Apache Spark
2 4 (1.55%) Apache Pig
2 4 (1.55%) IBM HTTP Server
2 4 (1.55%) Oracle Coherence
2 4 (1.55%) SAS
3 3 (1.16%) WebSphere
3 3 (1.16%) WebSphere Application Server
4 2 (0.78%) Confluence
5 1 (0.39%) GemFire
Applications
1 13 (5.04%) MS Office
2 12 (4.65%) MS Excel
3 8 (3.10%) Spreadsheet
4 7 (2.71%) MS PowerPoint
5 3 (1.16%) MS Visio
6 2 (0.78%) MS Project
Business Applications
1 6 (2.33%) Adaptiv
2 4 (1.55%) Summit
3 2 (0.78%) BusinessWorks
4 1 (0.39%) Findur
Communications & Networking
1 1 (0.39%) Internet
1 1 (0.39%) TCP/IP
Database & Business Intelligence
1 24 (9.30%) Big Data
2 18 (6.98%) Hadoop
3 17 (6.59%) SQL Server
4 13 (5.04%) Apache Cassandra
5 9 (3.49%) Data Mart
6 8 (3.10%) Data Lake
6 8 (3.10%) Power BI
6 8 (3.10%) Relational Database
6 8 (3.10%) SQL Server Reporting Services
7 6 (2.33%) Data Warehouse
7 6 (2.33%) SQL Server Integration Services
8 5 (1.94%) HBase
9 3 (1.16%) Oracle Database
10 2 (0.78%) JasperReports
10 2 (0.78%) RDBMS
10 2 (0.78%) SQL Server 2016
11 1 (0.39%) Base SAS
11 1 (0.39%) NoSQL
11 1 (0.39%) SAS Enterprise Guide
11 1 (0.39%) SQL Server Analysis Services
Development Applications
1 23 (8.91%) Subversion
2 16 (6.20%) JIRA
3 9 (3.49%) Jenkins
4 6 (2.33%) JUnit
5 5 (1.94%) Cucumber
5 5 (1.94%) Git (software)
5 5 (1.94%) JSUnit
5 5 (1.94%) Maven
5 5 (1.94%) PHPUnit
6 2 (0.78%) NUnit
6 2 (0.78%) SoapUI
6 2 (0.78%) SonarQube
6 2 (0.78%) Sonatype Nexus
6 2 (0.78%) TeamCity
7 1 (0.39%) Grunt
7 1 (0.39%) Jasmine
7 1 (0.39%) Mocha
7 1 (0.39%) Visual Studio
General
1 154 (59.69%) Finance
2 130 (50.39%) Banking
3 78 (30.23%) Front Office
4 66 (25.58%) Investment Banking
5 9 (3.49%) Retail
6 4 (1.55%) Back Office
6 4 (1.55%) Retail Banking
7 3 (1.16%) Financial Institution
7 3 (1.16%) Legal
7 3 (1.16%) Marketing
8 2 (0.78%) French Language
8 2 (0.78%) Telecoms
8 2 (0.78%) Wholesale Banking
9 1 (0.39%) Spanish Language
Job Titles
1 123 (47.67%) Developer
2 89 (34.50%) Analyst
3 64 (24.81%) Business Analyst
4 62 (24.03%) Risk Analyst
5 47 (18.22%) Market Risk Analyst
6 46 (17.83%) Risk Business Analyst
7 36 (13.95%) Java Developer
7 36 (13.95%) Market Risk Developer
8 34 (13.18%) Market Risk Business Analyst
9 33 (12.79%) Quantitative Developer
10 26 (10.08%) C# Developer
11 23 (8.91%) Market Risk Java Developer
11 23 (8.91%) Senior Developer
12 21 (8.14%) Project Manager
13 19 (7.36%) Qualitative Analyst
13 19 (7.36%) Quantitative Analyst
14 18 (6.98%) Python Developer
15 17 (6.59%) MATLAB Developer
15 17 (6.59%) Quantitative Risk Analyst
16 15 (5.81%) C++ Developer
Libraries, Frameworks & Software Standards
1 19 (7.36%) .NET
2 9 (3.49%) ASP.NET
2 9 (3.49%) WPF
3 8 (3.10%) XML
4 6 (2.33%) RESTful
4 6 (2.33%) Web Services
5 5 (1.94%) Spring
6 3 (1.16%) AngularJS
6 3 (1.16%) CSS
6 3 (1.16%) HTML
6 3 (1.16%) HTML5
6 3 (1.16%) Java EE
6 3 (1.16%) MDX
6 3 (1.16%) Murex MxML
6 3 (1.16%) Node.js
6 3 (1.16%) WCF
6 3 (1.16%) XSD
6 3 (1.16%) XSLT
7 2 (0.78%) Akka
7 2 (0.78%) React
Miscellaneous
1 74 (28.68%) Credit Risk
2 50 (19.38%) Derivative
3 43 (16.67%) Foreign Exchange (FX)
4 34 (13.18%) Mathematics
5 33 (12.79%) Analytical Skills
6 27 (10.47%) Equities
7 21 (8.14%) Physics
8 20 (7.75%) Fixed Income
9 13 (5.04%) Computer Science
10 8 (3.10%) Taxonomies
11 7 (2.71%) Algorithms
11 7 (2.71%) Credit Derivative
11 7 (2.71%) Statistics
12 6 (2.33%) Management Information System
12 6 (2.33%) Reference Data
13 5 (1.94%) Economics
13 5 (1.94%) Visualisation
14 4 (1.55%) Grid Computing
14 4 (1.55%) User Experience
14 4 (1.55%) Virtual Team
Operating Systems
1 19 (7.36%) Unix
2 11 (4.26%) Windows
3 6 (2.33%) Linux
4 2 (0.78%) Windows Server
Processes & Methodologies
1 65 (25.19%) Risk Management
2 59 (22.87%) Agile Software Development
3 41 (15.89%) Analytics
4 36 (13.95%) OO
5 35 (13.57%) Business Analysis
6 31 (12.02%) Project Management
7 22 (8.53%) Multithreading
8 19 (7.36%) Quantitative Finance
8 19 (7.36%) Validation
9 18 (6.98%) Data Analysis
10 17 (6.59%) OOP
10 17 (6.59%) SDLC
11 16 (6.20%) Monte Carlo Method
11 16 (6.20%) Scrum
12 14 (5.43%) Risk Analytics
13 13 (5.04%) Stochastic Modelling
13 13 (5.04%) User Acceptance Testing
14 12 (4.65%) Change Management
15 11 (4.26%) Business Intelligence
15 11 (4.26%) Data Modelling
Programming Languages
1 70 (27.13%) Java
2 63 (24.42%) SQL
3 55 (21.32%) C#
4 45 (17.44%) C++
5 41 (15.89%) Python
6 22 (8.53%) MATLAB
7 19 (7.36%) Scala
8 11 (4.26%) Haskell
9 9 (3.49%) VBA
10 8 (3.10%) Korn
11 7 (2.71%) C
11 7 (2.71%) R
12 5 (1.94%) Perl
13 3 (1.16%) PL/SQL
14 2 (0.78%) JavaScript
15 1 (0.39%) F#
15 1 (0.39%) VB.NET
Qualifications
1 34 (13.18%) Degree
2 9 (3.49%) PhD
3 3 (1.16%) CBAP
3 3 (1.16%) ISEB
3 3 (1.16%) Six Sigma Black Belt
4 2 (0.78%) CFA
5 1 (0.39%) MBA
5 1 (0.39%) PMI Certification
Quality Assurance & Compliance
1 15 (5.81%) Basel III
2 14 (5.43%) MiFID
3 11 (4.26%) QA
4 5 (1.94%) Dodd-Frank
4 5 (1.94%) EMIR
5 3 (1.16%) Basel II
6 2 (0.78%) Data Quality
6 2 (0.78%) FATCA
6 2 (0.78%) Solvency II
7 1 (0.39%) COREP
7 1 (0.39%) CRD IV
7 1 (0.39%) SLA
System Software
1 4 (1.55%) HDFS
2 2 (0.78%) Platform Symphony
3 1 (0.39%) Active Directory
3 1 (0.39%) Tivoli Workload Scheduler
Systems Management
1 5 (1.94%) Puppet
2 2 (0.78%) TIBCO Hawk
3 1 (0.39%) HP Quality Center
3 1 (0.39%) Tivoli
Vendors
1 21 (8.14%) Murex
2 18 (6.98%) Oracle
3 11 (4.26%) Sybase
4 10 (3.88%) Microsoft
5 5 (1.94%) Algorithmics
5 5 (1.94%) IBM
6 3 (1.16%) GoldenSource
6 3 (1.16%) TIBCO
7 2 (0.78%) Bloomberg
7 2 (0.78%) Calypso
7 2 (0.78%) Reuters
7 2 (0.78%) Sonatype
8 1 (0.39%) DataSynapse
8 1 (0.39%) HP
8 1 (0.39%) Infragistics
8 1 (0.39%) SAP
8 1 (0.39%) Sophis
London
Reed Technology
Rate: £500 - £600 per day
Posted: 3 days ago