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 17 April 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
17 Apr 2015
Same period 2014 Same period 2013
Basel II
Rank 562 561 487
Rank change year-on-year
-1 -74
Contract jobs citing Basel II 31 38 77
As % of all contract IT jobs located in the UK 0.055% 0.067% 0.16%
As % of the Quality Assurance & Compliance category 0.72% 0.86% 2.08%
Number of daily rates quoted 24 32 64
Average daily rate
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£500 £451 £450
Average daily rate % change year-on-year
+10.98% +0.11%
90% offered a daily rate of more than £350 £330 £350
10% offered a daily rate of more than £600 £550 £600
UK excluding London average daily rate £500 £451 £383
% change year-on-year
+10.98% +17.77%
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
4335 4433 3700
As % of all contract IT jobs located in the UK 7.76% 7.86% 7.61%
Number of daily rates quoted 2586 2689 2180
Average daily rate £400 £400 £400
90% offered a daily rate of more than £250 £245 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £380 £365 £330
% change year-on-year
+4.10% +10.60%
Number of hourly rates quoted 132 183 155
Average hourly rate £21.55 £18.00 £19.00
Average hourly rate % change year-on-year
+19.72% -5.26%
90% offered a hourly rate of more than £11.50 £10.71 £10.50
10% offered a hourly rate of more than £42.50 £45.00 £52.16
UK excluding London average hourly rate £22.03 £18.00 £17.00
% change year-on-year
+22.36% +5.88%

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 17 April 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 10 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 17 April 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 -7 31 £500 +11.04% 9
London +3 17 £525 +5.00% 4
South West +4 10 £500 +10.98% 1
City of London +22 5 £400 -10.61% 2
Scotland - - - -
Northern Ireland - - - -
County Londonderry - - - -
Gloucestershire - - - -
Edinburgh - - - -
Gloucester - - - -

Basel II
Top 30 Related IT Skills

For the 6 months to 17 April 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 46 (80.70%) Finance
2 38 (66.67%) Banking
3 27 (47.37%) Basel III
4 22 (38.60%) Solvency II
5 21 (36.84%) MS Visio
5 21 (36.84%) Stakeholder Management
6 20 (35.09%) Data Modelling
7 17 (29.82%) GAP Analysis
7 17 (29.82%) UML
7 17 (29.82%) SSADM
7 17 (29.82%) DSDM
7 17 (29.82%) BPR
7 17 (29.82%) Business Transformation
7 17 (29.82%) Requirements Analysis
7 17 (29.82%) BPMN
8 12 (21.05%) Credit Risk
9 9 (15.79%) Risk Management
10 8 (14.04%) Degree
10 8 (14.04%) MS PowerPoint
11 7 (12.28%) Project Management
12 6 (10.53%) Data Management
12 6 (10.53%) Business Analysis
12 6 (10.53%) Analytics
13 5 (8.77%) Data Governance
13 5 (8.77%) Data Privacy
13 5 (8.77%) Analytical Skills
13 5 (8.77%) Market Risk
13 5 (8.77%) Validation
13 5 (8.77%) PRINCE2
13 5 (8.77%) SQL

Basel II
Top Related IT Skills by Category

For the 6 months to 17 April 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 4 (7.02%) SAS
2 1 (1.75%) SharePoint
Applications
1 21 (36.84%) MS Visio
2 8 (14.04%) MS PowerPoint
3 4 (7.02%) MS Excel
4 3 (5.26%) MS Office
5 1 (1.75%) MS Project
Business Applications
1 1 (1.75%) HFM
1 1 (1.75%) SAP Bank Analyzer
1 1 (1.75%) Hyperion Planning
1 1 (1.75%) Oracle EBS R12
Communications & Networking
1 2 (3.51%) IMAP
Database & Business Intelligence
1 3 (5.26%) Data Warehouse
2 1 (1.75%) Ingres
2 1 (1.75%) Base SAS
2 1 (1.75%) SAS Enterprise Guide
2 1 (1.75%) SAS Data Integration Studio
General
1 46 (80.70%) Finance
2 38 (66.67%) Banking
3 4 (7.02%) Retail
4 3 (5.26%) Investment Banking
4 3 (5.26%) Front Office
5 2 (3.51%) Telecoms
5 2 (3.51%) Legal
5 2 (3.51%) Retail Banking
5 2 (3.51%) Financial Institution
6 1 (1.75%) Japanese Language
6 1 (1.75%) Advertising
Job Titles
1 30 (52.63%) Analyst
2 25 (43.86%) Business Analyst
3 18 (31.58%) Senior Analyst
4 17 (29.82%) Senior Business Analyst
5 7 (12.28%) Project Manager
6 5 (8.77%) Data Manager
6 5 (8.77%) Data Governance Manager
6 5 (8.77%) Governance Manager
7 4 (7.02%) Credit Risk Analyst
7 4 (7.02%) Credit Risk Project Manager
7 4 (7.02%) Credit Risk Business Analyst
8 2 (3.51%) Programme Manager
8 2 (3.51%) Developer
8 2 (3.51%) Test Analyst
8 2 (3.51%) Consultant
8 2 (3.51%) Lead Business Analyst
8 2 (3.51%) SAS Developer
8 2 (3.51%) UML Business Analyst
8 2 (3.51%) Solvency II Business Analyst
9 1 (1.75%) Quantitative Project Manager
Libraries, Frameworks & Software Standards
1 1 (1.75%) COM
Miscellaneous
1 12 (21.05%) Credit Risk
2 5 (8.77%) Market Risk
2 5 (8.77%) Analytical Skills
3 1 (1.75%) Management Information System
3 1 (1.75%) Fixed Income
3 1 (1.75%) Credit Derivative
3 1 (1.75%) Derivative
3 1 (1.75%) Interest Rate Derivative
3 1 (1.75%) Statistics
3 1 (1.75%) Mathematics
3 1 (1.75%) Computer Science
Processes & Methodologies
1 21 (36.84%) Stakeholder Management
2 20 (35.09%) Data Modelling
3 17 (29.82%) UML
3 17 (29.82%) SSADM
3 17 (29.82%) DSDM
3 17 (29.82%) BPR
3 17 (29.82%) GAP Analysis
3 17 (29.82%) Requirements Analysis
3 17 (29.82%) BPMN
3 17 (29.82%) Business Transformation
4 9 (15.79%) Risk Management
5 7 (12.28%) Project Management
6 6 (10.53%) Business Analysis
6 6 (10.53%) Data Management
6 6 (10.53%) Analytics
7 5 (8.77%) Data Governance
7 5 (8.77%) Data Privacy
7 5 (8.77%) Validation
7 5 (8.77%) PRINCE2
8 4 (7.02%) Use Case
Programming Languages
1 5 (8.77%) SQL
2 3 (5.26%) VBA
3 1 (1.75%) C
Qualifications
1 8 (14.04%) Degree
2 1 (1.75%) ISEB
2 1 (1.75%) ACCA
Quality Assurance & Compliance
1 27 (47.37%) Basel III
2 22 (38.60%) Solvency II
3 4 (7.02%) Dodd-Frank
4 3 (5.26%) COREP
4 3 (5.26%) QA
5 2 (3.51%) FINREP
5 2 (3.51%) EMIR
5 2 (3.51%) CRD IV
6 1 (1.75%) FATCA
Vendors
1 3 (5.26%) Oracle
1 3 (5.26%) Microsoft
2 2 (3.51%) SAP
3 1 (1.75%) Hyperion
3 1 (1.75%) Teradata
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £550 per day
Posted: 3 days ago
London
Aston Carter
Rate: £450 - £550 per day
Posted: 3 days ago
City, London
The People Network
Rate: £450 - £550 per day
Posted: 5 days ago
Leeds
Orgtel
Rate: £450 - £500 per day
Posted: 10 days ago