The table below looks at the statistics for Basel II skills in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 19 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
19 Aug 2014
Same period 2013 Same period 2012
Basel II
Rank - - 87
Contract jobs citing Basel II 0 0 21
As % of all contract IT jobs located in Scotland - - 0.79%
As % of the Quality Assurance & Compliance category - - 12.21%
Number of daily rates quoted 0 0 2
Average daily rate
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of your Daily Rate
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- - £298
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
UK

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 Scotland region.

Quality Assurance & Compliance Category
Scotland
Contract IT job ads with a match in the
Quality Assurance & Compliance category
173 155 172
As % of all contract IT jobs located in Scotland 6.14% 6.17% 6.50%
Number of daily rates quoted 81 71 54
Average daily rate £400 £350 £338
Average daily rate % change year-on-year
+14.28% +3.70%
90% offered a daily rate of more than £253 £191 £249
10% offered a daily rate of more than £550 £525 £445
UK excluding London average daily rate £375 £350 £360
% change year-on-year
+7.14% -2.77%
Number of hourly rates quoted 6 9 23
Average hourly rate £15.77 £9.25 £12.42
Average hourly rate % change year-on-year
+70.48% -25.52%
90% offered a hourly rate of more than £11.60 £8.20 £9.50
10% offered a hourly rate of more than £66.60 £11.20 £17.45
UK excluding London average hourly rate £19.50 £17.50 £22.00
% change year-on-year
+11.42% -20.45%

Basel II
Jobs Demand Trend in Scotland

This chart provides a 3-month moving total of IT contractor jobs citing Basel II across the Scotland region as a proportion of the total demand within the Quality Assurance & Compliance category.

Basel II Jobs Demand Trend in Scotland

Basel II
Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Basel II across the Scotland region.

Basel II Daily Rate Trend in Scotland

Basel II
Hourly Rate Trend in Scotland

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II across the Scotland region.

Basel II Hourly Rate Trend in Scotland

Basel II
Top 15 Related IT Skills in Scotland

For the 6 months to 19 August 2014, IT contractor jobs across the Scotland 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 4 (100.00%) Finance
2 3 (75.00%) Sarbanes-Oxley
2 3 (75.00%) MiFID
2 3 (75.00%) Investment Management
2 3 (75.00%) Solvency II
3 2 (50.00%) Data Governance
3 2 (50.00%) Business Analysis
4 1 (25.00%) Banking
4 1 (25.00%) Credit Risk
4 1 (25.00%) Market Risk
4 1 (25.00%) Data Quality
4 1 (25.00%) CRD IV
4 1 (25.00%) COREP
4 1 (25.00%) FINREP
4 1 (25.00%) Basel III

Basel II
Top Related IT Skills in Scotland by Category

For the 6 months to 19 August 2014, IT contractor jobs across the Scotland 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.

General
1 4 (100.00%) Finance
2 1 (25.00%) Banking
Job Titles
1 3 (75.00%) Analyst
2 2 (50.00%) Business Analyst
3 1 (25.00%) Programme Manager
3 1 (25.00%) Data Analyst
3 1 (25.00%) Solvency II Business Analyst
Miscellaneous
1 1 (25.00%) Credit Risk
1 1 (25.00%) Market Risk
Processes & Methodologies
1 3 (75.00%) Investment Management
2 2 (50.00%) Data Governance
2 2 (50.00%) Business Analysis
Quality Assurance & Compliance
1 3 (75.00%) Solvency II
1 3 (75.00%) Sarbanes-Oxley
1 3 (75.00%) MiFID
2 1 (25.00%) Basel III
2 1 (25.00%) Data Quality
2 1 (25.00%) CRD IV
2 1 (25.00%) COREP
2 1 (25.00%) FINREP