The table below looks at the statistics for FINREP skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited FINREP over the 3 months to 5 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
5 May 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank 635 620 582
Rank change year-on-year
-15 -38
Contract jobs citing FINREP 18 20 34
As % of all contract IT jobs located in the UK 0.032% 0.036% 0.062%
As % of the Quality Assurance & Compliance category 0.36% 0.39% 0.68%
Number of daily rates quoted 14 16 28
Median daily rate £423 £588 £550
Median daily rate % change year-on-year
-28.08% +6.81%
90% offered a daily rate of more than £330 £350 £435
10% offered a daily rate of more than £635 £700 £680
UK excluding London median daily rate £413 £550 £600
% change year-on-year
-25.00% -8.33%
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
4977 5098 5023
As % of all contract IT jobs located in the UK 8.96% 9.14% 9.22%
Number of daily rates quoted 3157 3123 3041
Median daily rate £425 £410 £400
Median daily rate % change year-on-year
+3.65% +2.50%
90% offered a daily rate of more than £260 £260 £248
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £388 £365
% change year-on-year
+3.22% +6.16%
Number of hourly rates quoted 186 168 229
Median hourly rate £22.50 £26.00 £21.00
Median hourly rate % change year-on-year
-13.46% +23.80%
90% offered a hourly rate of more than £11.88 £12.10 £11.00
10% offered a hourly rate of more than £52.50 £49.50 £43.50
UK excluding London median hourly rate £22.50 £29.00 £21.00
% change year-on-year
-22.41% +38.09%

FINREP
Jobs Demand Trend

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

FINREP Jobs Demand Trend in the UK

FINREP
Daily Rate Trend

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

FINREP Daily Rate Trend in the UK

FINREP
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing FINREP within the UK over the 3 months to 5 May 2016.

FINREP Daily Rate Histogram in the UK

FINREP
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FINREP within the UK over the 3 months to 5 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 -27 13 £475 -20.83% 1
North East - 5 £540 -
London -1 4 £675 -3.57% 1
Edinburgh -7 3 £330 - 1
Scotland -20 3 £330 -5.71% 1
Yorkshire - 3 £405 -
West Yorkshire - 3 £405 -
Halifax - 3 £405 -
Tyne and Wear - 2 £330 -
Newcastle upon Tyne - 2 £330 -

FINREP
Top 30 Related IT Skills

For the 6 months to 5 May 2016, IT contractor jobs citing FINREP 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 FINREP.

1 16 (66.67%) Finance
2 14 (58.33%) COREP
3 11 (45.83%) SAS
4 9 (37.50%) Project Management
5 8 (33.33%) Credit Risk
5 8 (33.33%) Risk Management
6 7 (29.17%) SAS Enterprise Guide
6 7 (29.17%) Banking
7 6 (25.00%) Front Office
7 6 (25.00%) Data Management
7 6 (25.00%) Analytics
8 5 (20.83%) Cash Management
8 5 (20.83%) SAS Data Integration Studio
8 5 (20.83%) Stakeholder Management
9 4 (16.67%) Legal
9 4 (16.67%) Back Office
9 4 (16.67%) Data Warehouse
9 4 (16.67%) Risk Analytics
9 4 (16.67%) Data Architecture
10 3 (12.50%) Test Scripting
10 3 (12.50%) Data Quality
10 3 (12.50%) Analytical Skills
10 3 (12.50%) Agile Software Development
10 3 (12.50%) Retail
10 3 (12.50%) ITIL
10 3 (12.50%) MS Excel
10 3 (12.50%) BPR
11 2 (8.33%) Migration
11 2 (8.33%) Disaster Recovery
11 2 (8.33%) Management Information System

FINREP
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 11 (45.83%) SAS
2 1 (4.17%) CICS
Applications
1 3 (12.50%) MS Excel
2 2 (8.33%) MS PowerPoint
2 2 (8.33%) MS Project
3 1 (4.17%) MS Office
Database & Business Intelligence
1 7 (29.17%) SAS Enterprise Guide
2 5 (20.83%) SAS Data Integration Studio
3 4 (16.67%) Data Warehouse
4 1 (4.17%) DB2
General
1 16 (66.67%) Finance
2 7 (29.17%) Banking
3 6 (25.00%) Front Office
4 4 (16.67%) Back Office
4 4 (16.67%) Legal
5 3 (12.50%) Retail
6 1 (4.17%) Investment Banking
Job Titles
1 16 (66.67%) Analyst
2 7 (29.17%) Business Analyst
2 7 (29.17%) Senior Analyst
3 6 (25.00%) Project Manager
4 5 (20.83%) Risk Analyst
4 5 (20.83%) SAS Analyst
5 4 (16.67%) Senior SAS Analyst
6 3 (12.50%) Data Analyst
6 3 (12.50%) Report Analyst
6 3 (12.50%) Report Manager
7 2 (8.33%) Developer
7 2 (8.33%) IT Manager
7 2 (8.33%) IT Project Manager
7 2 (8.33%) Lead Business Analyst
7 2 (8.33%) Liquidity Business Analyst
7 2 (8.33%) Regulatory Business Analyst
7 2 (8.33%) Regulatory Reporting Business Analyst
7 2 (8.33%) Risk Business Analyst
7 2 (8.33%) Senior Risk Analyst
8 1 (4.17%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 1 (4.17%) Middleware
1 1 (4.17%) Web Services
Miscellaneous
1 8 (33.33%) Credit Risk
2 3 (12.50%) Analytical Skills
3 2 (8.33%) Management Information System
4 1 (4.17%) SWIFT
4 1 (4.17%) Taxonomies
Operating Systems
1 2 (8.33%) Unix
Processes & Methodologies
1 9 (37.50%) Project Management
2 8 (33.33%) Risk Management
3 6 (25.00%) Analytics
3 6 (25.00%) Data Management
4 5 (20.83%) Cash Management
4 5 (20.83%) Stakeholder Management
5 4 (16.67%) Data Architecture
5 4 (16.67%) Risk Analytics
6 3 (12.50%) Agile Software Development
6 3 (12.50%) BPR
6 3 (12.50%) ITIL
6 3 (12.50%) Test Scripting
7 2 (8.33%) Disaster Recovery
7 2 (8.33%) Migration
7 2 (8.33%) Programme Management
7 2 (8.33%) Project Planning
7 2 (8.33%) Security Testing
7 2 (8.33%) Systems Analysis
7 2 (8.33%) Translating Business Requirements
8 1 (4.17%) Stakeholder Engagement
Programming Languages
1 2 (8.33%) SQL
2 1 (4.17%) COBOL
2 1 (4.17%) JCL
2 1 (4.17%) Shell Script
Qualifications
1 1 (4.17%) ISTQB
Quality Assurance & Compliance
1 14 (58.33%) COREP
2 3 (12.50%) Data Quality
3 2 (8.33%) Basel II
3 2 (8.33%) CRD IV
4 1 (4.17%) COSO
4 1 (4.17%) SEPA
Systems Management
1 1 (4.17%) HP Quality Center
Vendors
1 1 (4.17%) HP
1 1 (4.17%) Oracle
Edinburgh
Orgtel
Rate: £300 - £405 per annum + competitive
Posted: 24 days ago