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 1 July 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
1 Jul 2016
Same period 2015 Same period 2014
Basel III
Rank 614 602 573
Rank change year-on-year
-12 -29
Contract jobs citing Basel III 24 41 63
As % of all contract IT jobs located in the UK 0.045% 0.073% 0.12%
As % of the Quality Assurance & Compliance category 0.48% 0.79% 1.24%
Number of daily rates quoted 17 34 51
Median daily rate £538 £600 £513
Median daily rate % change year-on-year
-10.41% +17.07%
90% offered a daily rate of more than £425 £486 £400
10% offered a daily rate of more than £690 £634 £600
UK excluding London median daily rate £425 £480 £451
% change year-on-year
-11.45% +6.54%
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
5027 5180 5101
As % of all contract IT jobs located in the UK 9.40% 9.23% 9.46%
Number of daily rates quoted 3208 3324 3158
Median daily rate £425 £420 £405
Median daily rate % change year-on-year
+1.19% +3.70%
90% offered a daily rate of more than £250 £255 £243
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £385 £369
% change year-on-year
+3.89% +4.40%
Number of hourly rates quoted 203 184 215
Median hourly rate £28.00 £21.55 £21.00
Median hourly rate % change year-on-year
+29.93% +2.61%
90% offered a hourly rate of more than £11.83 £12.50 £12.80
10% offered a hourly rate of more than £47.50 £51.29 £42.00
UK excluding London median hourly rate £28.00 £21.55 £20.75
% change year-on-year
+29.93% +3.85%

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 1 July 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 1 July 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 -14 23 £538 -10.41% 3
London -23 21 £550 -8.33% 3
City of London +14 2 £638 +6.25% 3
Birmingham - 2 £425 -
West Midlands - 2 £425 -
Wolverhampton - 1 £425 -
Glasgow - 1 - -
Scotland - 1 - -

Basel III
Top 30 Related IT Skills

For the 6 months to 1 July 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 28 (70.00%) Banking
2 24 (60.00%) Finance
3 16 (40.00%) Credit Risk
4 11 (27.50%) Investment Banking
5 10 (25.00%) SQL
6 9 (22.50%) Project Management
6 9 (22.50%) Basel II
6 9 (22.50%) Risk Management
6 9 (22.50%) COREP
7 8 (20.00%) CRD IV
7 8 (20.00%) Business Analysis
8 7 (17.50%) Market Risk
9 6 (15.00%) User Acceptance Testing
10 5 (12.50%) Microsoft
10 5 (12.50%) VBA
10 5 (12.50%) MS Excel
10 5 (12.50%) Migration
10 5 (12.50%) Retail
11 4 (10.00%) Derivative
11 4 (10.00%) Data Analysis
11 4 (10.00%) Test Scripting
11 4 (10.00%) Management Information System
11 4 (10.00%) Front Office
11 4 (10.00%) Data Modelling
11 4 (10.00%) Analytical Skills
12 3 (7.50%) SDLC
12 3 (7.50%) Translating Business Requirements
12 3 (7.50%) Data Mining
12 3 (7.50%) Data Warehouse
12 3 (7.50%) MS Visio

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 2 (5.00%) SAS
Applications
1 5 (12.50%) MS Excel
2 3 (7.50%) MS PowerPoint
2 3 (7.50%) MS Visio
3 2 (5.00%) MS Office
3 2 (5.00%) Spreadsheet
4 1 (2.50%) MS Project
Database & Business Intelligence
1 3 (7.50%) Data Mining
1 3 (7.50%) Data Warehouse
1 3 (7.50%) SQL Server
2 2 (5.00%) BusinessObjects
2 2 (5.00%) Oracle Reports
2 2 (5.00%) SAS Enterprise Guide
3 1 (2.50%) Big Data
3 1 (2.50%) MS Access
3 1 (2.50%) QlikView
3 1 (2.50%) SQL Server 2012
3 1 (2.50%) SQL Server Integration Services
3 1 (2.50%) SQL Server Reporting Services
Development Applications
1 1 (2.50%) VSS/SourceSafe
General
1 28 (70.00%) Banking
2 24 (60.00%) Finance
3 11 (27.50%) Investment Banking
4 5 (12.50%) Retail
5 4 (10.00%) Front Office
6 3 (7.50%) Back Office
7 2 (5.00%) Corporate Banking
7 2 (5.00%) General Ledger
7 2 (5.00%) Retail Banking
Job Titles
1 28 (70.00%) Analyst
2 24 (60.00%) Business Analyst
3 9 (22.50%) Risk Analyst
4 7 (17.50%) Risk Business Analyst
5 6 (15.00%) Project Manager
6 5 (12.50%) Credit Analyst
6 5 (12.50%) Credit Risk Analyst
6 5 (12.50%) Report Analyst
7 4 (10.00%) Credit Risk Business Analyst
7 4 (10.00%) Risk Manager
7 4 (10.00%) Senior Analyst
7 4 (10.00%) Senior Business Analyst
8 3 (7.50%) Banking Analyst
8 3 (7.50%) Developer
8 3 (7.50%) Finance Business Analyst
8 3 (7.50%) Financial Analyst
8 3 (7.50%) MiFID Business Analyst
8 3 (7.50%) Regulatory Business Analyst
8 3 (7.50%) Regulatory Reporting Business Analyst
9 2 (5.00%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 1 (2.50%) .NET
1 1 (2.50%) ASP.NET
1 1 (2.50%) ASP.NET MVC
1 1 (2.50%) COM
1 1 (2.50%) XML
Miscellaneous
1 16 (40.00%) Credit Risk
2 7 (17.50%) Market Risk
3 4 (10.00%) Analytical Skills
3 4 (10.00%) Derivative
3 4 (10.00%) Management Information System
4 3 (7.50%) Equities
4 3 (7.50%) Fixed Income
5 2 (5.00%) Contract for Difference
5 2 (5.00%) Foreign Exchange (FX)
5 2 (5.00%) Reference Data
6 1 (2.50%) Hedge funds
Processes & Methodologies
1 9 (22.50%) Project Management
1 9 (22.50%) Risk Management
2 8 (20.00%) Business Analysis
3 6 (15.00%) User Acceptance Testing
4 5 (12.50%) Migration
5 4 (10.00%) Data Analysis
5 4 (10.00%) Data Modelling
5 4 (10.00%) Test Scripting
6 3 (7.50%) Business Intelligence
6 3 (7.50%) Change Management
6 3 (7.50%) Disaster Recovery
6 3 (7.50%) GAP Analysis
6 3 (7.50%) SDLC
6 3 (7.50%) Security Testing
6 3 (7.50%) Stakeholder Management
6 3 (7.50%) Stress Testing
6 3 (7.50%) Translating Business Requirements
7 2 (5.00%) BPR
7 2 (5.00%) Data Management
7 2 (5.00%) UML
Programming Languages
1 10 (25.00%) SQL
2 5 (12.50%) VBA
3 2 (5.00%) Python
4 1 (2.50%) C
4 1 (2.50%) C#
4 1 (2.50%) SAS Macro
Qualifications
1 2 (5.00%) Degree
2 1 (2.50%) A+ Certification
Quality Assurance & Compliance
1 9 (22.50%) Basel II
1 9 (22.50%) COREP
2 8 (20.00%) CRD IV
3 3 (7.50%) Dodd-Frank
3 3 (7.50%) EMIR
3 3 (7.50%) MiFID
4 2 (5.00%) Data Quality
4 2 (5.00%) Solvency II
Systems Management
1 1 (2.50%) HP Quality Center
Vendors
1 5 (12.50%) Microsoft
2 2 (5.00%) Oracle
3 1 (2.50%) Perforce
City, London
Caspian One Ltd
Rate: £500.00 - £950.00 per annum
Posted: 4 days ago