The first table below looks at the demand for FATCA 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 FATCA over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the Scotland 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
24 May 2013
Same period 2012 Same period 2011
Foreign Account Tax Compliance Act (FATCA)
Rank 115 99 -
Rank change year-on-year
-16 -
Contract jobs citing FATCA 3 11 0
As % of all contract IT jobs located in Scotland 0.123% 0.414% -
As % of the Quality Assurance & Compliance category 2.098% 8.594% -
Number of daily rates quoted 2 8 0
Average daily rate £258 £338 -
Average daily rate % change year-on-year
-23.70% -
UK excluding London average daily rate £280 £338 -
% change year-on-year
-17.03% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Quality Assurance & Compliance
Scotland
Contract IT job ads with a match in the
Quality Assurance & Compliance category
143 128 142
As % of all contract IT jobs located in Scotland 5.863% 4.812% 5.139%
Number of daily rates quoted 86 67 64
Average daily rate £325 £338 £400
Average daily rate % change year-on-year
-3.70% -15.62%
90% offered a daily rate of more than £250 £250 £259
10% offered a daily rate of more than £450 £540 £503
UK excluding London average daily rate £350 £350 £375
% change year-on-year
- -6.66%
Number of hourly rates quoted 6 7 3
Average hourly rate £10.93 £9.50 £21.00
Average hourly rate % change year-on-year
+15.00% -54.76%
90% offered a hourly rate of more than £9.25 £8.65 £12.20
10% offered a hourly rate of more than £13.14 £24.03 £27.40
UK excluding London average hourly rate £17.75 £16.35 £30.50
% change year-on-year
+8.56% -46.39%
FATCA
UK

FATCA
Jobs Demand Trend

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

Scotland FATCA Jobs Demand Trend

FATCA
Daily Rate Trend

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

Scotland FATCA Daily Rate Trend

FATCA
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FATCA within the Scotland region over the 3 months to 24 May 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
Edinburgh +4 1 £290 -
Glasgow -21 1 - -
FATCA
UK

FATCA
Top 28 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs across the Scotland region citing FATCA 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 FATCA.

1 8 (66.67%) Finance
2 4 (33.33%) Banking
3 3 (25.00%) Data Analysis
4 2 (16.67%) Matrix Management
4 2 (16.67%) Business Analysis
4 2 (16.67%) Test Management
4 2 (16.67%) Test Strategy
4 2 (16.67%) Stakeholder Management
4 2 (16.67%) Legal
4 2 (16.67%) Front Office
5 1 (8.333%) Workflow
5 1 (8.333%) Validation
5 1 (8.333%) Asset Management
5 1 (8.333%) Change Management
5 1 (8.333%) Regression Testing
5 1 (8.333%) Management Information System
5 1 (8.333%) MS Office
5 1 (8.333%) CRM
5 1 (8.333%) Siebel
5 1 (8.333%) Microsoft
5 1 (8.333%) Foreign Exchange (FX)
5 1 (8.333%) Derivative
5 1 (8.333%) Degree
5 1 (8.333%) Fund Management
5 1 (8.333%) Wealth Management
5 1 (8.333%) Risk Analysis
5 1 (8.333%) User Acceptance Testing
5 1 (8.333%) Investment Banking

FATCA
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs across the Scotland region citing FATCA 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 FATCA. Up to 20 skills are shown per category.

Applications
1 1 (8.333%) MS Office
General
1 8 (66.67%) Finance
2 4 (33.33%) Banking
3 2 (16.67%) Legal
3 2 (16.67%) Front Office
4 1 (8.333%) Investment Banking
Job Titles
1 9 (75.00%) Analyst
2 8 (66.67%) Business Analyst
3 3 (25.00%) Test Manager
4 1 (8.333%) Senior Analyst
4 1 (8.333%) Implementation Manager
4 1 (8.333%) Senior Business Analyst
4 1 (8.333%) Banking Business Analyst
Miscellaneous
1 1 (8.333%) Management Information System
1 1 (8.333%) Foreign Exchange (FX)
1 1 (8.333%) Derivative
Processes & Methodologies
1 3 (25.00%) Data Analysis
2 2 (16.67%) Matrix Management
2 2 (16.67%) Business Analysis
2 2 (16.67%) Test Management
2 2 (16.67%) Test Strategy
2 2 (16.67%) Stakeholder Management
3 1 (8.333%) Workflow
3 1 (8.333%) Validation
3 1 (8.333%) Asset Management
3 1 (8.333%) Change Management
3 1 (8.333%) Regression Testing
3 1 (8.333%) CRM
3 1 (8.333%) Fund Management
3 1 (8.333%) Wealth Management
3 1 (8.333%) Risk Analysis
3 1 (8.333%) User Acceptance Testing
Qualifications
1 1 (8.333%) Degree
Vendors
1 1 (8.333%) Siebel
1 1 (8.333%) Microsoft
Stirling, Scotland
KYC Analyst - Investment Bank - Scotland based This on on our KYC controls project, looking forsomeone to help understand where we have weaknesses and inadequate controls in our onboarding...
Huxley Associates
Rate: £300 - £400 per day
Posted: 17 May 2013
Edinburgh, Midlothian
Business Analyst, Change, Financial Services. My client is a major banking organisation who are looking for a highly skilled Business Analyst or Change Analyst to work on their...
Aston Carter
Rate: £280 - £300 per day
Posted: 21 May 2013
Edinburgh, Midlothian
Key Requirements: - Business Change Project Manager - Must have experience Managing FATCA or Regulatory projects/programmes - Stakeholder Management - Use the established project methodologies - Work closely with the Programme Leads...
Sanderson
Rate: £380 - £400 per day
Posted: 24 May 2013