The first table below looks at the demand for FATCA skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited FATCA over the 3 months to 19 June 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category.

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
19 Jun 2013
Same period 2012 Same period 2011
Foreign Account Tax Compliance Act (FATCA)
Rank 485 478 592
Rank change year-on-year
-7 +114
Contract jobs citing FATCA 56 92 9
As % of all contract IT jobs located in the UK 0.116% 0.159% 0.014%
As % of the Quality Assurance & Compliance category 1.663% 2.140% 0.206%
Number of daily rates quoted 47 73 7
Average daily rate £450 £460 £500
Average daily rate % change year-on-year
-2.17% -8.00%
90% offered a daily rate of more than £286 £338 £460
10% offered a daily rate of more than £610 £650 £525
UK excluding London average daily rate £280 £338 £513
% change year-on-year
-17.03% -34.14%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Quality Assurance & Compliance
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
3368 4300 4365
As % of all contract IT jobs located in the UK 7.000% 7.409% 7.012%
Number of daily rates quoted 1993 2207 2450
Average daily rate £400 £410 £445
Average daily rate % change year-on-year
-2.43% -7.86%
90% offered a daily rate of more than £250 £250 £238
10% offered a daily rate of more than £550 £600 £600
UK excluding London average daily rate £350 £350 £388
% change year-on-year
- -9.67%
Number of hourly rates quoted 123 226 275
Average hourly rate £19.00 £17.00 £25.00
Average hourly rate % change year-on-year
+11.76% -32.00%
90% offered a hourly rate of more than £10.50 £10.63 £11.00
10% offered a hourly rate of more than £45.00 £37.50 £40.00
UK excluding London average hourly rate £18.25 £16.72 £30.00
% change year-on-year
+9.15% -44.26%

FATCA
Jobs Demand Trend

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

FATCA Jobs Demand Trend

FATCA
Daily Rate Trend

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

FATCA Daily Rate Trend

FATCA
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA within the UK over the 3 months to 19 June 2013.

FATCA Daily Rate Histogram

FATCA
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 FATCA within the UK over the 3 months to 19 June 2013. 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 each for more statistics)
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
Find
Job
Vacancies
England -4 52 £494 -4.81% 17
London +6 43 £500 -4.76% 17
City of London -1 24 £525 +12.90% 11

FATCA
Top 30 Related IT Skills

For the 6 months to 19 June 2013, IT contractor jobs within the UK citing FATCA 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 FATCA.

1 70 (67.96%) Banking
2 47 (45.63%) Finance
3 31 (30.10%) Investment Banking
4 26 (25.24%) Project Management
5 25 (24.27%) Stakeholder Management
6 24 (23.30%) Business Analysis
7 17 (16.50%) Asset Management
8 12 (11.65%) Change Management
9 11 (10.68%) GAP Analysis
9 11 (10.68%) Retail
10 10 (9.709%) Derivative
11 8 (7.767%) Legal
12 7 (6.796%) Data Analysis
12 7 (6.796%) MiFID
12 7 (6.796%) User Acceptance Testing
12 7 (6.796%) Investment Management
12 7 (6.796%) HP Quality Center
13 6 (5.825%) Front Office
13 6 (5.825%) MS Office
13 6 (5.825%) MS Excel
13 6 (5.825%) MS Visio
13 6 (5.825%) ISEB
14 5 (4.854%) PRINCE2
14 5 (4.854%) SQL
14 5 (4.854%) Back Office
14 5 (4.854%) Fund Management
14 5 (4.854%) Wealth Management
14 5 (4.854%) Degree
14 5 (4.854%) Retail Banking
15 4 (3.883%) Corporate Banking

FATCA
Top Related IT Skills by Category

For the 6 months to 19 June 2013, IT contractor jobs within the UK citing FATCA 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 FATCA. Up to 20 skills are shown per category.

Application Development
1 2 (1.942%) WebSphere
1 2 (1.942%) Middleware
1 2 (1.942%) .NET
Application Platforms
1 2 (1.942%) SharePoint
Applications
1 6 (5.825%) MS Office
1 6 (5.825%) MS Excel
1 6 (5.825%) MS Visio
2 2 (1.942%) MS PowerPoint
3 1 (0.971%) MS Project
Business Applications
1 3 (2.913%) Misys Midas
2 1 (0.971%) Oracle General Ledger
Database & Business Intelligence
1 2 (1.942%) Data Warehouse
2 1 (0.971%) BusinessObjects
2 1 (0.971%) Oracle BI EE
2 1 (0.971%) QlikView
Development Applications
1 2 (1.942%) JIRA
1 2 (1.942%) Rational Rose
General
1 70 (67.96%) Banking
2 47 (45.63%) Finance
3 31 (30.10%) Investment Banking
4 11 (10.68%) Retail
5 8 (7.767%) Legal
6 6 (5.825%) Front Office
7 5 (4.854%) Back Office
7 5 (4.854%) Retail Banking
8 4 (3.883%) Corporate Banking
8 4 (3.883%) Financial Institution
9 2 (1.942%) Private Banking
9 2 (1.942%) Telecoms
10 1 (0.971%) Law
10 1 (0.971%) Wholesale Banking
Job Titles
1 55 (53.40%) Analyst
2 48 (46.60%) Business Analyst
3 28 (27.18%) Project Manager
4 5 (4.854%) Test Analyst
4 5 (4.854%) Banking Business Analyst
5 4 (3.883%) Change Manager
5 4 (3.883%) Technical Analyst
5 4 (3.883%) Project Analyst
5 4 (3.883%) Test Manager
5 4 (3.883%) Senior Analyst
6 3 (2.913%) Senior Business Analyst
6 3 (2.913%) Programme Manager
6 3 (2.913%) Implementation Manager
6 3 (2.913%) Technical Business Analyst
7 2 (1.942%) Data Analyst
7 2 (1.942%) Senior Project Manager
7 2 (1.942%) PMO Manager
7 2 (1.942%) Test Leader
7 2 (1.942%) Business Data Analyst
7 2 (1.942%) Systems Analyst
Miscellaneous
1 10 (9.709%) Derivative
2 4 (3.883%) Reference Data
3 3 (2.913%) Foreign Exchange (FX)
4 2 (1.942%) Interest Rate Derivative
4 2 (1.942%) SWIFT
4 2 (1.942%) Management Information System
4 2 (1.942%) Fixed Income
5 1 (0.971%) Hedge funds
5 1 (0.971%) Equities
5 1 (0.971%) Computer Science
5 1 (0.971%) Credit Derivative
5 1 (0.971%) Equity Derivative
Operating Systems
1 2 (1.942%) UNIX
Processes & Methodologies
1 26 (25.24%) Project Management
2 25 (24.27%) Stakeholder Management
3 24 (23.30%) Business Analysis
4 17 (16.50%) Asset Management
5 12 (11.65%) Change Management
6 11 (10.68%) GAP Analysis
7 7 (6.796%) Data Analysis
7 7 (6.796%) User Acceptance Testing
7 7 (6.796%) Investment Management
8 5 (4.854%) PRINCE2
8 5 (4.854%) Fund Management
8 5 (4.854%) Wealth Management
9 4 (3.883%) Software Testing
9 4 (3.883%) Use Case
9 4 (3.883%) Business Transformation
9 4 (3.883%) Test Scripting
10 3 (2.913%) Stakeholder Engagement
10 3 (2.913%) Workflow
10 3 (2.913%) UML
10 3 (2.913%) PRINCE
Programming Languages
1 5 (4.854%) SQL
2 1 (0.971%) VB
2 1 (0.971%) VBA
2 1 (0.971%) C
2 1 (0.971%) PL/SQL
Qualifications
1 6 (5.825%) ISEB
2 5 (4.854%) Degree
3 4 (3.883%) ISTQB
4 2 (1.942%) PRINCE2 Certification
4 2 (1.942%) PMP
4 2 (1.942%) PMI Certification
Quality Assurance & Compliance
1 7 (6.796%) MiFID
2 3 (2.913%) Basel III
3 2 (1.942%) Solvency II
4 1 (0.971%) Sarbanes-Oxley
4 1 (0.971%) Basel II
4 1 (0.971%) QA
Systems Management
1 7 (6.796%) HP Quality Center
Vendors
1 3 (2.913%) HP
1 3 (2.913%) Progress
1 3 (2.913%) Microsoft
2 2 (1.942%) Misys
2 2 (1.942%) IBM
2 2 (1.942%) Cognos
3 1 (0.971%) Siebel
3 1 (0.971%) Oracle
3 1 (0.971%) Business Objects
3 1 (0.971%) Fundtech
City of London
Strong core BA skills like Data, System, Process Modelling. Investment Banking experience. Expert in Use Case modelling and writing functional requirements. Exposure to Client Onboarding/KYC highly desirable.
Orgtel
Rate: £500 - £750 per day
Posted: 3 June 2013
London
BUSINESS ANALYST - RETAIL BANKING - FATCA - LONDON Urgent requirement for a Business Analyst to join a retail bank based in London on a large Regulatory Programme... Previous experience on...
Hydrogen Group
Rate: £400.00 per day
Posted: 17 June 2013
City of London
Key skills: -Strong IT Business Analyst-Extensive Investment Banking background-Capturing business requirements-Strong product knowledge including one of the following areas: Interest Rate Derivatives, Commodities, Equities Derivatives,...
Huxley Associates
Rate: £450 - £600 per day
Posted: 13 June 2013
City of London
I have an excellent opportunity that will be coming up shortly with an Investment Bank where My Client is looking for an experienced Data Analyst with experience with...
Real Staffing
Rate: £450 - £550 per day
Posted: 18 June 2013
City of London
The successful Regulatory Project Manager will have the following: Strong understanding of regulations impacting the Banking landscape such as Dodd Frank, EMIR and FATCA. At least 5 years...
Orgtel
Rate: £600 - £800 per day
Posted: 3 June 2013
London
IT Human Resources
Rate: £300 - £350 per day
Posted: 10 June 2013
London
Hydrogen Group
Rate: £450.00 - £500.00 per day
Posted: 17 June 2013
City of London
Orgtel
Rate: £600 - £700 per day
Posted: 19 June 2013
City of London
Orgtel
Rate: £600 - £750 per day
Posted: 19 June 2013
London
McGregor Boyall
Rate: £700 per day
Posted: 17 June 2013
City of London
Huxley Associates
Rate: £600 - £750 per day
Posted: 19 June 2013
City of London
Huxley Associates
Rate: £600 - £750 per day
Posted: 17 June 2013
London
Huxley Associates
Rate: £500 - £650 per day
Posted: 17 June 2013
City of London
Huxley Associates
Rate: £750 - £800 per day
Posted: 4 June 2013
View FATCA jobs Nationwide