The table below looks at the statistics for CRD IV skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited CRD IV over the 3 months to 15 September 2014 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
15 Sep 2014
Same period 2013 Same period 2012
Capital Requirements Directive IV (CDR 4)
Rank 617 569 544
Rank change year-on-year
-48 -25
Contract jobs citing CRD IV 5 15 49
As % of all contract IT jobs located in the UK 0.009% 0.028% 0.083%
As % of the Quality Assurance & Compliance category 0.11% 0.38% 1.05%
Number of daily rates quoted 5 11 48
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£450 £438 £550
Average daily rate % change year-on-year
+2.85% -20.45%
90% offered a daily rate of more than £320 £396 £450
10% offered a daily rate of more than £600 £605 £675
UK excluding London average daily rate £450 £423 -
% change year-on-year
+6.38% -
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
4448 3965 4650
As % of all contract IT jobs located in the UK 7.76% 7.50% 7.89%
Number of daily rates quoted 2703 2340 2593
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £225 £250 £244
10% offered a daily rate of more than £563 £620 £600
UK excluding London average daily rate £375 £355 £363
% change year-on-year
+5.63% -2.06%
Number of hourly rates quoted 216 163 244
Average hourly rate £19.00 £17.50 £20.00
Average hourly rate % change year-on-year
+8.57% -12.50%
90% offered a hourly rate of more than £12.00 £10.50 £10.78
10% offered a hourly rate of more than £45.00 £37.50 £41.25
UK excluding London average hourly rate £19.50 £17.50 £21.00
% change year-on-year
+11.42% -16.66%

CRD IV
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing CRD IV within the UK as a proportion of the total demand within the Quality Assurance & Compliance category.

CRD IV Jobs Demand Trend in the UK

CRD IV
Daily Rate Trend

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

CRD IV Daily Rate Trend in the UK

CRD IV
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing CRD IV within the UK over the 3 months to 15 September 2014.

CRD IV Daily Rate Histogram in the UK

CRD IV
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing CRD IV within the UK over the 3 months to 15 September 2014. 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 5 £450 +7.46% 2
London -3 4 £475 +8.57% 2
City of London - - - - 1

CRD IV
Top 30 Related IT Skills

For the 6 months to 15 September 2014, IT contractor jobs within the UK citing CRD IV 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 CRD IV.

1 16 (61.54%) Finance
1 16 (61.54%) Basel III
2 14 (53.85%) SQL
3 11 (42.31%) COREP
4 8 (30.77%) FINREP
4 8 (30.77%) Credit Risk
4 8 (30.77%) Banking
4 8 (30.77%) Derivative
5 6 (23.08%) Business Analysis
6 5 (19.23%) Python
6 5 (19.23%) Basel II
6 5 (19.23%) User Acceptance Testing
6 5 (19.23%) Analytics
7 4 (15.38%) Risk Analytics
7 4 (15.38%) QA
7 4 (15.38%) Data Mapping
7 4 (15.38%) Equities
8 3 (11.54%) Risk Management
8 3 (11.54%) Fixed Income
8 3 (11.54%) Data Analysis
8 3 (11.54%) Investment Banking
8 3 (11.54%) Financial Institution
8 3 (11.54%) Perl
8 3 (11.54%) UNIX
8 3 (11.54%) Foreign Exchange (FX)
8 3 (11.54%) C#
8 3 (11.54%) C++
8 3 (11.54%) Stakeholder Engagement
8 3 (11.54%) Analytical Skills
9 2 (7.69%) Data Analytics

CRD IV
Top Related IT Skills by Category

For the 6 months to 15 September 2014, IT contractor jobs within the UK citing CRD IV 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 CRD IV. Up to 20 skills are shown per category.

Application Platforms
1 1 (3.85%) SAS
Applications
1 1 (3.85%) MS Office
1 1 (3.85%) MS Excel
1 1 (3.85%) MS Visio
1 1 (3.85%) MS PowerPoint
Database & Business Intelligence
1 1 (3.85%) MS Access
1 1 (3.85%) Data Warehouse
1 1 (3.85%) Data Mart
Development Applications
1 1 (3.85%) ProC
1 1 (3.85%) JIRA
General
1 16 (61.54%) Finance
2 8 (30.77%) Banking
3 3 (11.54%) Investment Banking
3 3 (11.54%) Financial Institution
4 2 (7.69%) Front Office
4 2 (7.69%) Legal
5 1 (3.85%) Back Office
5 1 (3.85%) Marketing
5 1 (3.85%) French Language
Job Titles
1 18 (69.23%) Analyst
2 16 (61.54%) Business Analyst
3 5 (19.23%) Credit Risk Business Analyst
3 5 (19.23%) Credit Risk Analyst
4 4 (15.38%) Developer
5 2 (7.69%) Project Manager
5 2 (7.69%) Quantitative Analyst
5 2 (7.69%) Consultant
5 2 (7.69%) Data Analyst
5 2 (7.69%) C# Developer
5 2 (7.69%) Investment Banking Business Analyst
6 1 (3.85%) SQL Developer
6 1 (3.85%) Credit Analyst
6 1 (3.85%) Pre Sales Consultant
6 1 (3.85%) Sales Consultant
6 1 (3.85%) Security Consultant
6 1 (3.85%) Information Security Consultant
6 1 (3.85%) Risk Analyst
6 1 (3.85%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 2 (7.69%) .NET
1 2 (7.69%) LINQ
2 1 (3.85%) Task Parallel Library
2 1 (3.85%) XBRL
2 1 (3.85%) WPF
Miscellaneous
1 8 (30.77%) Derivative
1 8 (30.77%) Credit Risk
2 4 (15.38%) Equities
3 3 (11.54%) Foreign Exchange (FX)
3 3 (11.54%) Fixed Income
3 3 (11.54%) Analytical Skills
4 2 (7.69%) Management Information System
4 2 (7.69%) Market Risk
5 1 (3.85%) Reference Data
5 1 (3.85%) Credit Derivative
Operating Systems
1 3 (11.54%) UNIX
Processes & Methodologies
1 6 (23.08%) Business Analysis
2 5 (19.23%) User Acceptance Testing
2 5 (19.23%) Analytics
3 4 (15.38%) Risk Analytics
3 4 (15.38%) Data Mapping
4 3 (11.54%) Stakeholder Engagement
4 3 (11.54%) Risk Management
4 3 (11.54%) Data Analysis
5 2 (7.69%) Scrum
5 2 (7.69%) Project Management
5 2 (7.69%) Data Management
5 2 (7.69%) Data Analytics
6 1 (3.85%) Line Management
6 1 (3.85%) Change Management
6 1 (3.85%) Data Security
6 1 (3.85%) Workflow
6 1 (3.85%) Information Security
6 1 (3.85%) Agile Software Development
6 1 (3.85%) Systems Analysis
6 1 (3.85%) Test Strategy
Programming Languages
1 14 (53.85%) SQL
2 5 (19.23%) Python
3 3 (11.54%) Perl
3 3 (11.54%) C#
3 3 (11.54%) C++
4 2 (7.69%) Java
5 1 (3.85%) VBA
5 1 (3.85%) F#
Qualifications
1 2 (7.69%) Degree
2 1 (3.85%) CISSP
2 1 (3.85%) CISM
Quality Assurance & Compliance
1 16 (61.54%) Basel III
2 11 (42.31%) COREP
3 8 (30.77%) FINREP
4 5 (19.23%) Basel II
5 4 (15.38%) QA
6 1 (3.85%) Solvency II
6 1 (3.85%) Data Quality
Systems Management
1 1 (3.85%) HP Quality Center
Vendors
1 2 (7.69%) Hyperion
2 1 (3.85%) Sybase
2 1 (3.85%) Business Objects
2 1 (3.85%) Cognos
2 1 (3.85%) Microsoft
2 1 (3.85%) HP
Edinburgh
Orgtel
Rate: £400 - £450 per day + competitive
Posted: 7 days ago