The table below looks at the statistics 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 27 January 2015 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
27 Jan 2015
Same period 2014 Same period 2013
Basel II
Rank 553 535 482
Rank change year-on-year
-18 -53
Contract jobs citing Basel II 24 23 61
As % of all contract IT jobs located in the UK 0.047% 0.047% 0.13%
As % of the Quality Assurance & Compliance category 0.61% 0.61% 1.87%
Number of daily rates quoted 21 19 54
Average daily rate
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£500 £451 £475
Average daily rate % change year-on-year
+10.98% -5.15%
90% offered a daily rate of more than £425 £300 £343
10% offered a daily rate of more than £700 £600 £618
UK excluding London average daily rate £500 £438 £383
% change year-on-year
+14.28% +14.37%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
3958 3754 3262
As % of all contract IT jobs located in the UK 7.79% 7.71% 7.19%
Number of daily rates quoted 2355 2214 1839
Average daily rate £400 £404 £400
Average daily rate % change year-on-year
-0.92% +0.93%
90% offered a daily rate of more than £225 £230 £225
10% offered a daily rate of more than £587 £600 £575
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 158 136 221
Average hourly rate £19.00 £17.00 £22.50
Average hourly rate % change year-on-year
+11.76% -24.44%
90% offered a hourly rate of more than £10.97 £10.93 £11.35
10% offered a hourly rate of more than £47.50 £42.50 £45.00
UK excluding London average hourly rate £19.00 £17.15 £23.00
% change year-on-year
+10.78% -25.43%

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 27 January 2015.

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 8 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 27 January 2015. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
England -20 24 £500 +10.98% 24
London -9 11 £700 +33.33% 10
City of London +16 2 £625 +4.16% 4
South Wales - - - -
Wales - - - -
Scotland - - - -
Cardiff - - - -
Edinburgh - - - -

Basel II
Top 30 Related IT Skills

For the 6 months to 27 January 2015, 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 44 (78.57%) Finance
2 29 (51.79%) Banking
3 23 (41.07%) Basel III
4 21 (37.50%) Solvency II
5 19 (33.93%) Stakeholder Management
6 18 (32.14%) Data Modelling
7 15 (26.79%) GAP Analysis
7 15 (26.79%) MS Visio
7 15 (26.79%) UML
7 15 (26.79%) SSADM
7 15 (26.79%) DSDM
7 15 (26.79%) BPR
7 15 (26.79%) Business Transformation
7 15 (26.79%) Requirements Analysis
7 15 (26.79%) BPMN
8 8 (14.29%) Risk Management
9 7 (12.50%) Data Management
9 7 (12.50%) Credit Risk
9 7 (12.50%) Business Analysis
9 7 (12.50%) Analytical Skills
10 6 (10.71%) SAS
11 5 (8.93%) Quality Management
11 5 (8.93%) Data Privacy
11 5 (8.93%) CRD IV
11 5 (8.93%) Data Governance
11 5 (8.93%) Investment Banking
11 5 (8.93%) QA
12 4 (7.14%) Degree
12 4 (7.14%) Data Warehouse
12 4 (7.14%) SQL

Basel II
Top Related IT Skills by Category

For the 6 months to 27 January 2015, 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 6 (10.71%) SAS
Applications
1 15 (26.79%) MS Visio
2 3 (5.36%) MS Office
3 2 (3.57%) MS PowerPoint
3 2 (3.57%) MS Project
Business Applications
1 1 (1.79%) HFM
1 1 (1.79%) SAP Bank Analyzer
1 1 (1.79%) Hyperion Planning
1 1 (1.79%) Oracle EBS R12
Communications & Networking
1 1 (1.79%) IMAP
Database & Business Intelligence
1 4 (7.14%) Data Warehouse
2 3 (5.36%) Base SAS
3 2 (3.57%) SAS Data Integration Studio
3 2 (3.57%) SAS Enterprise Guide
General
1 44 (78.57%) Finance
2 29 (51.79%) Banking
3 5 (8.93%) Investment Banking
4 3 (5.36%) Legal
4 3 (5.36%) Retail
5 2 (3.57%) Retail Banking
6 1 (1.79%) Front Office
6 1 (1.79%) Advertising
6 1 (1.79%) Financial Institution
Job Titles
1 34 (60.71%) Analyst
2 25 (44.64%) Business Analyst
3 17 (30.36%) Senior Analyst
4 16 (28.57%) Senior Business Analyst
5 5 (8.93%) Project Manager
5 5 (8.93%) Data Manager
5 5 (8.93%) Governance Manager
5 5 (8.93%) Data Governance Manager
6 4 (7.14%) Investment Banking Business Analyst
7 3 (5.36%) Developer
7 3 (5.36%) Data Analyst
8 2 (3.57%) Lead Business Analyst
8 2 (3.57%) IT Business Analyst
8 2 (3.57%) SAS Developer
8 2 (3.57%) Programme Manager
8 2 (3.57%) Test Analyst
8 2 (3.57%) Consultant
8 2 (3.57%) Senior Manager
9 1 (1.79%) Business Developer
9 1 (1.79%) Delivery Manager
Miscellaneous
1 7 (12.50%) Credit Risk
1 7 (12.50%) Analytical Skills
2 3 (5.36%) Foreign Exchange (FX)
2 3 (5.36%) Derivative
2 3 (5.36%) Market Risk
3 2 (3.57%) Management Information System
3 2 (3.57%) Fixed Income
3 2 (3.57%) Equities
4 1 (1.79%) Credit Derivative
4 1 (1.79%) Interest Rate Derivative
Operating Systems
1 1 (1.79%) UNIX
Processes & Methodologies
1 19 (33.93%) Stakeholder Management
2 18 (32.14%) Data Modelling
3 15 (26.79%) GAP Analysis
3 15 (26.79%) UML
3 15 (26.79%) SSADM
3 15 (26.79%) DSDM
3 15 (26.79%) BPR
3 15 (26.79%) Business Transformation
3 15 (26.79%) Requirements Analysis
3 15 (26.79%) BPMN
4 8 (14.29%) Risk Management
5 7 (12.50%) Data Management
5 7 (12.50%) Business Analysis
6 5 (8.93%) Quality Management
6 5 (8.93%) Data Privacy
6 5 (8.93%) Data Governance
7 3 (5.36%) PRINCE2
7 3 (5.36%) Business Intelligence
7 3 (5.36%) Project Management
7 3 (5.36%) People Management
Programming Languages
1 4 (7.14%) SQL
2 2 (3.57%) VBA
3 1 (1.79%) Python
Qualifications
1 4 (7.14%) Degree
2 1 (1.79%) ACCA
Quality Assurance & Compliance
1 23 (41.07%) Basel III
2 21 (37.50%) Solvency II
3 5 (8.93%) CRD IV
3 5 (8.93%) QA
4 3 (5.36%) Dodd-Frank
5 2 (3.57%) EMIR
5 2 (3.57%) FATCA
6 1 (1.79%) Sarbanes-Oxley
6 1 (1.79%) MiFID
6 1 (1.79%) Data Quality
6 1 (1.79%) COREP
6 1 (1.79%) FINREP
Systems Management
1 1 (1.79%) HP Quality Center
Vendors
1 3 (5.36%) Oracle
1 3 (5.36%) Hyperion
2 2 (3.57%) SAP
2 2 (3.57%) Business Objects
3 1 (1.79%) Microsoft
Wiltshire
The People Network
Rate: £500 - £700 per day
Posted: 3 hours ago
London
Hydrogen Group
Rate: £550.00 - £650.00 per day
Posted: 4 days ago
Tunbridge Wells
Interquest - Sand Resources
Rate: £300 per day
Posted: 5 days ago
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £550 per day
Posted: 6 days ago