The table below looks at the statistics for Basel III skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Basel III over the 3 months to 25 May 2016 with a comparison to the same period over 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.

3 months to
25 May 2016
Same period 2015 Same period 2014
Basel III
Rank 623 602 533
Rank change year-on-year
-21 -69
Contract jobs citing Basel III 18 36 93
As % of all contract IT jobs located in the UK 0.034% 0.066% 0.18%
As % of the Quality Assurance & Compliance category 0.37% 0.71% 1.89%
Number of daily rates quoted 14 24 76
Median daily rate £513 £560 £525
Median daily rate % change year-on-year
-8.48% +6.66%
90% offered a daily rate of more than £452 £470 £400
10% offered a daily rate of more than £675 £607 £625
UK excluding London median daily rate £425 £500 £451
% change year-on-year
-15.00% +10.98%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
4908 5081 4917
As % of all contract IT jobs located in the UK 9.14% 9.37% 9.33%
Number of daily rates quoted 3116 3213 3009
Median daily rate £425 £413 £410
Median daily rate % change year-on-year
+3.03% +0.60%
90% offered a daily rate of more than £260 £260 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 196 165 236
Median hourly rate £23.56 £21.55 £21.00
Median hourly rate % change year-on-year
+9.31% +2.61%
90% offered a hourly rate of more than £11.71 £12.00 £11.00
10% offered a hourly rate of more than £49.10 £54.29 £44.00
UK excluding London median hourly rate £27.00 £24.00 £21.00
% change year-on-year
+12.50% +14.28%

Basel III
Jobs Demand Trend

The demand trend of contract jobs citing Basel III as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Basel III Jobs Demand Trend in the UK

Basel III
Daily Rate Trend

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

Basel III Daily Rate Trend in the UK

Basel III
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel III within the UK over the 3 months to 25 May 2016.

Basel III Daily Rate Histogram in the UK

Basel III
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Basel III within the UK over the 3 months to 25 May 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -34 17 £513 -8.48% 5
London -13 16 £550 -8.33% 5
City of London +34 2 £550 -8.33% 1
Birmingham - 1 £425 -
Wolverhampton - 1 £425 -
West Midlands - 1 £425 -
Glasgow - 1 - - 1
Scotland - 1 - - 1

Basel III
Top 30 Related IT Skills

For the 6 months to 25 May 2016, IT contractor jobs citing Basel III also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Basel III.

1 29 (76.32%) Banking
2 19 (50.00%) Finance
3 14 (36.84%) Investment Banking
4 10 (26.32%) Credit Risk
5 9 (23.68%) Basel II
5 9 (23.68%) SQL
6 8 (21.05%) Project Management
6 8 (21.05%) Risk Management
6 8 (21.05%) Business Analysis
7 7 (18.42%) COREP
8 6 (15.79%) Data Modelling
9 5 (13.16%) Microsoft
9 5 (13.16%) SQL Server
9 5 (13.16%) Migration
9 5 (13.16%) GAP Analysis
9 5 (13.16%) CRD IV
9 5 (13.16%) Market Risk
9 5 (13.16%) User Acceptance Testing
10 4 (10.53%) Analytical Skills
10 4 (10.53%) EMIR
10 4 (10.53%) Dodd-Frank
10 4 (10.53%) Business Transformation
10 4 (10.53%) Solvency II
10 4 (10.53%) Requirements Analysis
10 4 (10.53%) Stakeholder Management
10 4 (10.53%) BPR
10 4 (10.53%) Retail
10 4 (10.53%) VBA
10 4 (10.53%) UML
10 4 (10.53%) SSADM

Basel III
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (2.63%) SAS
Applications
1 4 (10.53%) MS Visio
2 2 (5.26%) MS Excel
3 1 (2.63%) MS Office
3 1 (2.63%) MS PowerPoint
3 1 (2.63%) MS Project
3 1 (2.63%) Spreadsheet
Database & Business Intelligence
1 5 (13.16%) SQL Server
2 4 (10.53%) Data Warehouse
3 3 (7.89%) Data Mining
3 3 (7.89%) Oracle Reports
4 1 (2.63%) Big Data
4 1 (2.63%) BusinessObjects
4 1 (2.63%) QlikView
4 1 (2.63%) SAS Enterprise Guide
4 1 (2.63%) SQL Server 2012
4 1 (2.63%) SQL Server Integration Services
4 1 (2.63%) SQL Server Reporting Services
Development Applications
1 1 (2.63%) VSS/SourceSafe
General
1 29 (76.32%) Banking
2 19 (50.00%) Finance
3 14 (36.84%) Investment Banking
4 4 (10.53%) Retail
5 3 (7.89%) Front Office
6 2 (5.26%) Back Office
6 2 (5.26%) Corporate Banking
7 1 (2.63%) General Ledger
7 1 (2.63%) Retail Banking
Job Titles
1 28 (73.68%) Analyst
2 25 (65.79%) Business Analyst
3 5 (13.16%) Banking Analyst
3 5 (13.16%) Project Manager
3 5 (13.16%) Regulatory Business Analyst
3 5 (13.16%) Report Analyst
3 5 (13.16%) Risk Analyst
4 4 (10.53%) Banking Business Analyst
4 4 (10.53%) Liquidity Business Analyst
4 4 (10.53%) Regulatory Reporting Business Analyst
4 4 (10.53%) Risk Business Analyst
4 4 (10.53%) Senior Analyst
4 4 (10.53%) Senior Business Analyst
5 3 (7.89%) Developer
5 3 (7.89%) MiFID Business Analyst
5 3 (7.89%) Process Analyst
5 3 (7.89%) Risk Manager
5 3 (7.89%) Senior Process Analyst
5 3 (7.89%) Technical Analyst
5 3 (7.89%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 3 (7.89%) COM
2 1 (2.63%) .NET
2 1 (2.63%) ASP.NET
2 1 (2.63%) ASP.NET MVC
2 1 (2.63%) XML
Miscellaneous
1 10 (26.32%) Credit Risk
2 5 (13.16%) Market Risk
3 4 (10.53%) Analytical Skills
4 3 (7.89%) Management Information System
5 2 (5.26%) Derivative
5 2 (5.26%) Equities
5 2 (5.26%) Fixed Income
6 1 (2.63%) Contract for Difference
6 1 (2.63%) Foreign Exchange (FX)
6 1 (2.63%) Hedge funds
6 1 (2.63%) Reference Data
Processes & Methodologies
1 8 (21.05%) Business Analysis
1 8 (21.05%) Project Management
1 8 (21.05%) Risk Management
2 6 (15.79%) Data Modelling
3 5 (13.16%) GAP Analysis
3 5 (13.16%) Migration
3 5 (13.16%) User Acceptance Testing
4 4 (10.53%) BPR
4 4 (10.53%) Business Transformation
4 4 (10.53%) DSDM
4 4 (10.53%) Requirements Analysis
4 4 (10.53%) SSADM
4 4 (10.53%) Stakeholder Management
4 4 (10.53%) UML
5 3 (7.89%) Change Management
5 3 (7.89%) Disaster Recovery
5 3 (7.89%) Security Testing
5 3 (7.89%) Stress Testing
5 3 (7.89%) Translating Business Requirements
5 3 (7.89%) Use Case
Programming Languages
1 9 (23.68%) SQL
2 4 (10.53%) VBA
3 1 (2.63%) C
3 1 (2.63%) C#
3 1 (2.63%) Java
3 1 (2.63%) Python
Qualifications
1 1 (2.63%) A+ Certification
1 1 (2.63%) Degree
Quality Assurance & Compliance
1 9 (23.68%) Basel II
2 7 (18.42%) COREP
3 5 (13.16%) CRD IV
4 4 (10.53%) Dodd-Frank
4 4 (10.53%) EMIR
4 4 (10.53%) Solvency II
5 3 (7.89%) MiFID
6 2 (5.26%) Data Quality
7 1 (2.63%) FATCA
7 1 (2.63%) Sarbanes-Oxley
Vendors
1 5 (13.16%) Microsoft
2 3 (7.89%) Oracle
3 1 (2.63%) Perforce
London
HAYS INFORMATION TECHNOLOGY
Rate: £470.00 per day
Posted: Yesterday
London
Joseph Harry Ltd
Posted: 2 days ago