The first table below looks at the demand for Basel II skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 18 April 2014 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.

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
18 Apr 2014
Same period 2013 Same period 2012
Basel II
Rank 549 468 369
Rank change year-on-year
-81 -99
Contract jobs citing Basel II 38 76 228
As % of all contract IT jobs located in the UK 0.067% 0.16% 0.38%
As % of the Quality Assurance & Compliance category 0.86% 2.11% 5.02%
Number of daily rates quoted 32 63 192
Average daily rate £451 £450 £550
Average daily rate % change year-on-year
+0.11% -18.18%
90% offered a daily rate of more than £330 £350 £350
10% offered a daily rate of more than £550 £600 £650
UK excluding London average daily rate £451 £383 £400
% change year-on-year
+17.77% -4.37%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4414 3599 4540
As % of all contract IT jobs located in the UK 7.84% 7.54% 7.49%
Number of daily rates quoted 2669 2121 2478
Average daily rate £400 £400 £425
Average daily rate % change year-on-year
- -5.88%
90% offered a daily rate of more than £246 £225 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £365 £330 £350
% change year-on-year
+10.60% -5.71%
Number of hourly rates quoted 189 144 240
Average hourly rate £19.00 £18.70 £16.86
Average hourly rate % change year-on-year
+1.60% +10.91%
90% offered a hourly rate of more than £10.86 £10.50 £11.08
10% offered a hourly rate of more than £45.86 £55.00 £35.70
UK excluding London average hourly rate £18.00 £15.25 £16.43
% change year-on-year
+18.03% -7.15%

Basel II
Jobs Demand Trend

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

Basel II Jobs Demand Trend in the UK

Basel II
Daily Rate Trend

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

Basel II Daily Rate Trend in the UK

Basel II
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel II within the UK over the 3 months to 18 April 2014.

Basel II Daily Rate Histogram in the UK

Basel II
Hourly Rate Trend

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

Basel II Hourly Rate Trend in the UK

Basel II
Top 13 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Basel II within the UK over the 3 months to 18 April 2014. 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
England -126 34 £450 +0.05% 20
London -60 19 £500 -9.09% 13
Yorkshire -17 4 £400 +33.11% 4
City of London -28 4 £448 -6.28% 4
Scotland -6 3 £550 +120.00%
Edinburgh - 3 £550 -
South East - 1 £450 -
West Midlands - - - - 2
North Yorkshire - - - - 3
Surrey - - - -
West Yorkshire - - - - 1
Leeds - - - - 1
Birmingham - - - - 1

Basel II
Top 30 Related IT Skills

For the 6 months to 18 April 2014, IT contractor jobs within the UK 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 35 (62.50%) Finance
2 27 (48.21%) Banking
3 24 (42.86%) Basel III
4 22 (39.29%) SQL
5 21 (37.50%) Data Modelling
6 17 (30.36%) Solvency II
7 15 (26.79%) Stakeholder Management
8 14 (25.00%) Credit Risk
9 11 (19.64%) MS Visio
9 11 (19.64%) BPR
9 11 (19.64%) Business Transformation
10 10 (17.86%) COREP
10 10 (17.86%) UML
10 10 (17.86%) SSADM
10 10 (17.86%) DSDM
10 10 (17.86%) GAP Analysis
10 10 (17.86%) Requirements Analysis
11 8 (14.29%) Data Analysis
12 7 (12.50%) MiFID
12 7 (12.50%) Market Risk
12 7 (12.50%) Data Warehouse
12 7 (12.50%) Front Office
12 7 (12.50%) Project Management
13 6 (10.71%) Risk Management
13 6 (10.71%) Investment Management
13 6 (10.71%) BPMN
13 6 (10.71%) Derivative
13 6 (10.71%) Investment Banking
13 6 (10.71%) CRD IV
13 6 (10.71%) Analytics

Basel II
Top Related IT Skills by Category

For the 6 months to 18 April 2014, IT contractor jobs within the UK 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.

Application Platforms
1 1 (1.79%) SAS
1 1 (1.79%) SAP Portal
Applications
1 11 (19.64%) MS Visio
2 5 (8.93%) MS Excel
3 2 (3.57%) MS PowerPoint
4 1 (1.79%) S-PLUS
Business Applications
1 1 (1.79%) SAP FI/CO
1 1 (1.79%) SAP CO
1 1 (1.79%) SAP ERP
1 1 (1.79%) SAP Bank Analyzer
1 1 (1.79%) SAP R/3
1 1 (1.79%) SAP FI
Database & Business Intelligence
1 7 (12.50%) Data Warehouse
2 4 (7.14%) SQL Server
3 3 (5.36%) DataStage
3 3 (5.36%) Star Schema
3 3 (5.36%) DB2
3 3 (5.36%) MS Access
4 1 (1.79%) SQL Server Integration Services
4 1 (1.79%) QualityStage
4 1 (1.79%) SAP BI
4 1 (1.79%) Data Mining
4 1 (1.79%) PowerCenter
4 1 (1.79%) SAP BW
Development Applications
1 1 (1.79%) ERwin
1 1 (1.79%) Talend Open Studio
General
1 35 (62.50%) Finance
2 27 (48.21%) Banking
3 7 (12.50%) Front Office
4 6 (10.71%) Investment Banking
5 4 (7.14%) Legal
6 2 (3.57%) Dutch Language
6 2 (3.57%) Telecoms
6 2 (3.57%) Private Banking
6 2 (3.57%) General Ledger
7 1 (1.79%) Automotive
Job Titles
1 39 (69.64%) Analyst
2 25 (44.64%) Business Analyst
3 11 (19.64%) Data Analyst
4 10 (17.86%) Senior Business Analyst
4 10 (17.86%) Senior Analyst
5 7 (12.50%) Developer
6 5 (8.93%) Risk Analyst
7 4 (7.14%) Systems Analyst
8 3 (5.36%) Credit Risk Business Analyst
8 3 (5.36%) Credit Risk Analyst
8 3 (5.36%) Project Manager
9 2 (3.57%) Teradata Developer
9 2 (3.57%) Architect
9 2 (3.57%) Senior Manager
9 2 (3.57%) Market Risk Analyst
9 2 (3.57%) Market Risk Business Analyst
9 2 (3.57%) IT Business Analyst
9 2 (3.57%) Senior Project Manager
9 2 (3.57%) Credit Analyst
9 2 (3.57%) Project Analyst
Miscellaneous
1 14 (25.00%) Credit Risk
2 7 (12.50%) Market Risk
3 6 (10.71%) Derivative
4 4 (7.14%) Foreign Exchange (FX)
4 4 (7.14%) Equities
5 3 (5.36%) Management Information System
5 3 (5.36%) Data Extraction
6 1 (1.79%) Fixed Income
6 1 (1.79%) Credit Derivative
6 1 (1.79%) Statistics
6 1 (1.79%) Mathematics
6 1 (1.79%) Physics
Operating Systems
1 2 (3.57%) UNIX
2 1 (1.79%) Windows
2 1 (1.79%) Windows Server 2008
Processes & Methodologies
1 21 (37.50%) Data Modelling
2 15 (26.79%) Stakeholder Management
3 11 (19.64%) BPR
3 11 (19.64%) Business Transformation
4 10 (17.86%) UML
4 10 (17.86%) SSADM
4 10 (17.86%) DSDM
4 10 (17.86%) GAP Analysis
4 10 (17.86%) Requirements Analysis
5 8 (14.29%) Data Analysis
6 7 (12.50%) Project Management
7 6 (10.71%) Risk Management
7 6 (10.71%) Investment Management
7 6 (10.71%) BPMN
7 6 (10.71%) Analytics
8 5 (8.93%) Data Architecture
9 4 (7.14%) Agile Software Development
9 4 (7.14%) Business Analysis
9 4 (7.14%) User Acceptance Testing
10 3 (5.36%) Data Management
Programming Languages
1 22 (39.29%) SQL
2 3 (5.36%) VBA
3 1 (1.79%) Shell Script
3 1 (1.79%) VB
3 1 (1.79%) Java
3 1 (1.79%) PL/SQL
3 1 (1.79%) R
Qualifications
1 2 (3.57%) Degree
2 1 (1.79%) CIMA
2 1 (1.79%) ACCA
2 1 (1.79%) SAP Certification
2 1 (1.79%) PhD
Quality Assurance & Compliance
1 24 (42.86%) Basel III
2 17 (30.36%) Solvency II
3 10 (17.86%) COREP
4 7 (12.50%) MiFID
5 6 (10.71%) CRD IV
6 3 (5.36%) QA
6 3 (5.36%) Sarbanes-Oxley
6 3 (5.36%) FINREP
6 3 (5.36%) Data Quality
7 2 (3.57%) Dodd-Frank
7 2 (3.57%) SLA
8 1 (1.79%) EMIR
8 1 (1.79%) FATCA
Systems Management
1 1 (1.79%) Symantec Enterprise Vault
Vendors
1 4 (7.14%) Hyperion
1 4 (7.14%) Teradata
2 2 (3.57%) Informatica
3 1 (1.79%) DataFlux
3 1 (1.79%) ReadSoft
3 1 (1.79%) Symantec
3 1 (1.79%) Microsoft
3 1 (1.79%) HP
3 1 (1.79%) EMC
3 1 (1.79%) Oracle
3 1 (1.79%) Business Objects
3 1 (1.79%) SAP
3 1 (1.79%) Talend
City, London
Aston Carter
Rate: £400 - £450 per day
Posted: 6 days ago
City, London
ReThink Recruitment
Rate: £0.00 per annum
Posted: 6 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £525 per day
Posted: 22 days ago