The table below looks at the statistics for Basel III 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 III over the 3 months to 8 February 2016 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
8 Feb 2016
Same period 2015 Same period 2014
Basel III
Rank 607 572 486
Rank change year-on-year
-35 -86
Contract jobs citing Basel III 21 37 96
As % of all contract IT jobs located in the UK 0.041% 0.072% 0.20%
As % of the Quality Assurance & Compliance category 0.41% 0.76% 2.20%
Number of daily rates quoted 18 35 64
Average daily rate £469 £500 £538
Average daily rate % change year-on-year
-6.25% -6.97%
90% offered a daily rate of more than £378 £265 £435
10% offered a daily rate of more than £590 £675 £700
UK excluding London average daily rate £500 £500 £463
% change year-on-year
- +7.99%
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
5092 4875 4355
As % of all contract IT jobs located in the UK 9.90% 9.45% 8.97%
Number of daily rates quoted 3140 2990 2535
Average daily rate £425 £400 £405
Average daily rate % change year-on-year
+6.25% -1.23%
90% offered a daily rate of more than £263 £225 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £400 £385 £350
% change year-on-year
+3.89% +10.00%
Number of hourly rates quoted 213 176 163
Average hourly rate £42.00 £22.50 £17.00
Average hourly rate % change year-on-year
+86.66% +32.35%
90% offered a hourly rate of more than £14.20 £11.00 £10.93
10% offered a hourly rate of more than £60.98 £47.50 £42.50
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

Basel III
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Basel III within the UK as a proportion of the total demand within 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 8 February 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 average contractor rates quoted in IT jobs citing Basel III within the UK over the 3 months to 8 February 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
(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 -28 20 £475 -5.00% 9
London 0 16 £463 -11.90% 8
City of London +47 6 £475 -24.00% 2
South West -1 4 £500 -
Swindon -8 4 £500 -
Wiltshire -8 4 £500 -
Edinburgh - 1 £450 -
Scotland - 1 £450 -

Basel III
Top 30 Related IT Skills

For the 6 months to 8 February 2016, IT contractor jobs within the UK citing Basel III 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 III.

1 49 (81.67%) Banking
2 35 (58.33%) Finance
3 33 (55.00%) Investment Banking
4 20 (33.33%) SQL
5 14 (23.33%) Risk Management
5 14 (23.33%) Credit Risk
6 11 (18.33%) Analytical Skills
6 11 (18.33%) Business Analysis
7 10 (16.67%) Agile Software Development
7 10 (16.67%) Data Modelling
7 10 (16.67%) Microsoft
7 10 (16.67%) EMIR
7 10 (16.67%) Dodd-Frank
8 9 (15.00%) Derivative
8 9 (15.00%) Data Warehouse
8 9 (15.00%) Oracle
9 8 (13.33%) MS Visio
9 8 (13.33%) Basel II
9 8 (13.33%) GAP Analysis
9 8 (13.33%) Stakeholder Management
9 8 (13.33%) CRD IV
9 8 (13.33%) Solvency II
10 7 (11.67%) Market Risk
10 7 (11.67%) SQL Server
10 7 (11.67%) UML
10 7 (11.67%) Java
11 6 (10.00%) SSADM
11 6 (10.00%) DSDM
11 6 (10.00%) BPR
11 6 (10.00%) Business Intelligence

Basel III
Top Related IT Skills by Category

For the 6 months to 8 February 2016, IT contractor jobs within the UK citing Basel III 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 III. Up to 20 skills are shown per category.

Application Platforms
1 3 (5.00%) JBoss
2 2 (3.33%) NetWeaver
3 1 (1.67%) Apache Spark
3 1 (1.67%) Oracle Coherence
3 1 (1.67%) SAS
Applications
1 8 (13.33%) MS Visio
2 5 (8.33%) MS Excel
3 4 (6.67%) MS PowerPoint
4 3 (5.00%) MS Office
5 1 (1.67%) MS Project
Database & Business Intelligence
1 9 (15.00%) Data Warehouse
2 7 (11.67%) SQL Server
3 3 (5.00%) BusinessObjects
4 2 (3.33%) Big Data
4 2 (3.33%) Oracle Reports
4 2 (3.33%) Relational Database
4 2 (3.33%) SAP HANA
4 2 (3.33%) SQL Server 2012
5 1 (1.67%) Apache Hive
5 1 (1.67%) Hadoop
5 1 (1.67%) HBase
5 1 (1.67%) Impala
5 1 (1.67%) OLAP
5 1 (1.67%) OLTP
5 1 (1.67%) Oracle BI EE
5 1 (1.67%) Oracle Database
5 1 (1.67%) Oracle OLAP
5 1 (1.67%) SQL Server Reporting Services
Development Applications
1 3 (5.00%) Ant
1 3 (5.00%) Gradle
1 3 (5.00%) Subversion
2 2 (3.33%) JIRA
3 1 (1.67%) Git (software)
General
1 49 (81.67%) Banking
2 35 (58.33%) Finance
3 33 (55.00%) Investment Banking
4 5 (8.33%) Front Office
5 3 (5.00%) International Banking
6 2 (3.33%) Back Office
6 2 (3.33%) Financial Institution
6 2 (3.33%) General Ledger
6 2 (3.33%) Retail
7 1 (1.67%) Advertising
7 1 (1.67%) Legal
7 1 (1.67%) Marketing
Job Titles
1 39 (65.00%) Analyst
2 33 (55.00%) Business Analyst
3 10 (16.67%) Banking Analyst
4 7 (11.67%) Banking Business Analyst
4 7 (11.67%) Liquidity Business Analyst
4 7 (11.67%) Report Analyst
5 6 (10.00%) Developer
5 6 (10.00%) Project Manager
5 6 (10.00%) Senior Analyst
5 6 (10.00%) Senior Business Analyst
6 5 (8.33%) Process Analyst
6 5 (8.33%) Regulatory Business Analyst
6 5 (8.33%) Risk Analyst
6 5 (8.33%) Risk Business Analyst
6 5 (8.33%) Risk Manager
6 5 (8.33%) Senior Process Analyst
6 5 (8.33%) Technical Analyst
6 5 (8.33%) Technical Business Analyst
7 4 (6.67%) IT Analyst
7 4 (6.67%) Risk Project Manager
Libraries, Frameworks & Software Standards
1 4 (6.67%) .NET
2 3 (5.00%) COM
2 3 (5.00%) CSS
2 3 (5.00%) HTML
2 3 (5.00%) JSP
2 3 (5.00%) RESTful
2 3 (5.00%) Web Services
3 1 (1.67%) .NET Framework
3 1 (1.67%) ASP.NET
3 1 (1.67%) Java SE
3 1 (1.67%) Silverlight
3 1 (1.67%) WCF
Miscellaneous
1 14 (23.33%) Credit Risk
2 11 (18.33%) Analytical Skills
3 9 (15.00%) Derivative
4 7 (11.67%) Market Risk
5 5 (8.33%) Fixed Income
5 5 (8.33%) Management Information System
6 4 (6.67%) Data Structures
6 4 (6.67%) Equities
7 3 (5.00%) Algorithms
8 2 (3.33%) Contract for Difference
8 2 (3.33%) Foreign Exchange (FX)
8 2 (3.33%) Visualisation
9 1 (1.67%) Credit Derivative
9 1 (1.67%) Enterprise Software
9 1 (1.67%) Reference Data
Operating Systems
1 1 (1.67%) Linux
1 1 (1.67%) Unix
1 1 (1.67%) Windows
Processes & Methodologies
1 14 (23.33%) Risk Management
2 11 (18.33%) Business Analysis
3 10 (16.67%) Agile Software Development
3 10 (16.67%) Data Modelling
4 8 (13.33%) GAP Analysis
4 8 (13.33%) Stakeholder Management
5 7 (11.67%) UML
6 6 (10.00%) Analytics
6 6 (10.00%) BPR
6 6 (10.00%) Business Intelligence
6 6 (10.00%) Business Transformation
6 6 (10.00%) DSDM
6 6 (10.00%) Requirements Analysis
6 6 (10.00%) Scrum
6 6 (10.00%) SSADM
6 6 (10.00%) Use Case
6 6 (10.00%) User Acceptance Testing
7 5 (8.33%) BPMN
7 5 (8.33%) Data Analysis
8 4 (6.67%) Migration
Programming Languages
1 20 (33.33%) SQL
2 7 (11.67%) Java
3 3 (5.00%) JavaScript
4 2 (3.33%) C#
4 2 (3.33%) C++
4 2 (3.33%) VBA
5 1 (1.67%) Python
5 1 (1.67%) Scala
5 1 (1.67%) T-SQL
Qualifications
1 4 (6.67%) Degree
2 1 (1.67%) ACCA
2 1 (1.67%) CIMA
2 1 (1.67%) PMI Certification
2 1 (1.67%) PMP
Quality Assurance & Compliance
1 10 (16.67%) Dodd-Frank
1 10 (16.67%) EMIR
2 8 (13.33%) Basel II
2 8 (13.33%) CRD IV
2 8 (13.33%) Solvency II
3 4 (6.67%) COREP
3 4 (6.67%) FATCA
3 4 (6.67%) MiFID
4 1 (1.67%) Data Quality
4 1 (1.67%) Sarbanes-Oxley
Vendors
1 10 (16.67%) Microsoft
2 9 (15.00%) Oracle
3 2 (3.33%) SAP
4 1 (1.67%) Informatica
London
Aston Carter
Rate: £450 - £500 per day
Posted: 2 days ago