The table below looks at the statistics for the Market Risk Analyst role in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Market Risk Analyst in their job title over the 3 months to 5 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
5 Feb 2016
Same period 2015 Same period 2014
Market Risk Analyst
Rank 598 561 559
Rank change year-on-year
-37 -2
Contract jobs requiring a Market Risk Analyst 21 40 20
As % of all contract IT jobs located in the UK 0.041% 0.079% 0.041%
As % of the Job Titles category 0.043% 0.084% 0.044%
Number of daily rates quoted 16 26 14
Average daily rate £575 £550 £550
Average daily rate % change year-on-year
+4.54% -
90% offered a daily rate of more than £394 £420 £500
10% offered a daily rate of more than £725 £750 £705
UK excluding London average daily rate £400 - -
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 Job Titles category in contract jobs advertised across the UK. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
UK
Contract IT job ads with a match in the
Job Titles category
48576 47854 45775
As % of all contract IT jobs located in the UK 94.45% 94.46% 94.25%
Number of daily rates quoted 31231 29881 27104
Average daily rate £413 £400 £400
Average daily rate % change year-on-year
+3.12% -
90% offered a daily rate of more than £257 £240 £225
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 1759 1870 2013
Average hourly rate £17.50 £16.72 £17.50
Average hourly rate % change year-on-year
+4.66% -4.45%
90% offered a hourly rate of more than £11.00 £10.96 £11.38
10% offered a hourly rate of more than £49.50 £40.00 £40.00
UK excluding London average hourly rate £17.50 £16.50 £16.50
% change year-on-year
+6.06% -

Market Risk Analyst
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Market Risk Analyst in the job title within the UK as a proportion of the total demand within the Job Titles category.

Market Risk Analyst Jobs Demand Trend in the UK

Market Risk Analyst
Daily Rate Trend

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

Market Risk Analyst Daily Rate Trend in the UK

Market Risk Analyst
Daily Rate Histogram

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

Market Risk Analyst Daily Rate Histogram in the UK

Market Risk Analyst
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Market Risk Analyst within the UK.

Market Risk Analyst Hourly Rate Trend in the UK

Market Risk Analyst
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Market Risk Analyst within the UK over the 3 months to 5 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 -20 20 £575 +4.54% 1
London -27 19 £575 +4.54% 1
City of London +39 6 £600 +26.31% 1
Docklands, London +8 1 £375 -37.75%
Milton Keynes - 1 - -
Buckinghamshire - 1 - -
South East - 1 - -

Market Risk Analyst
Top 30 Related IT Skills

For the 6 months to 5 February 2016, IT contractor jobs within the UK that cited Market Risk Analyst in their job title 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 with Market Risk Analyst in their job title.

1 57 (100.00%) Market Risk
2 40 (70.18%) Finance
3 30 (52.63%) Banking
4 23 (40.35%) Investment Banking
4 23 (40.35%) SQL
5 19 (33.33%) Credit Risk
6 16 (28.07%) Business Analysis
7 15 (26.32%) Stress Testing
7 15 (26.32%) Analytical Skills
8 14 (24.56%) Derivative
9 13 (22.81%) Risk Management
10 12 (21.05%) Agile Software Development
10 12 (21.05%) User Acceptance Testing
11 10 (17.54%) Data Quality
11 10 (17.54%) Front Office
11 10 (17.54%) Foreign Exchange (FX)
12 8 (14.04%) SDLC
12 8 (14.04%) Degree
13 7 (12.28%) Validation
13 7 (12.28%) VBA
14 6 (10.53%) Equities
15 5 (8.77%) Stakeholder Management
15 5 (8.77%) UML
15 5 (8.77%) Data Structures
16 4 (7.02%) Waterfall
16 4 (7.02%) Monte Carlo Method
16 4 (7.02%) Algorithmics
16 4 (7.02%) Murex
16 4 (7.02%) Data Modelling
16 4 (7.02%) Oracle

Market Risk Analyst
Top Related IT Skills by Category

For the 6 months to 5 February 2016, IT contractor jobs within the UK that cited Market Risk Analyst in their job title 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 with Market Risk Analyst in their job title. Up to 20 skills are shown per category.

Applications
1 3 (5.26%) MS Visio
2 2 (3.51%) Spreadsheet
3 1 (1.75%) MS Excel
3 1 (1.75%) MS Office
Business Applications
1 3 (5.26%) Adaptiv
2 2 (3.51%) Endur
Communications & Networking
1 1 (1.75%) SAN
Database & Business Intelligence
1 4 (7.02%) SQL Server
2 2 (3.51%) Big Data
2 2 (3.51%) Data Warehouse
2 2 (3.51%) Relational Database
3 1 (1.75%) Data Mart
Development Applications
1 2 (3.51%) JIRA
2 1 (1.75%) Atlassian Bamboo
2 1 (1.75%) Subversion
General
1 40 (70.18%) Finance
2 30 (52.63%) Banking
3 23 (40.35%) Investment Banking
4 10 (17.54%) Front Office
5 4 (7.02%) Back Office
5 4 (7.02%) Legal
Libraries, Frameworks & Software Standards
1 3 (5.26%) .NET
2 2 (3.51%) XML
3 1 (1.75%) ASP.NET
3 1 (1.75%) Middleware
3 1 (1.75%) Murex MxML
Miscellaneous
1 57 (100.00%) Market Risk
2 19 (33.33%) Credit Risk
3 15 (26.32%) Analytical Skills
4 14 (24.56%) Derivative
5 10 (17.54%) Foreign Exchange (FX)
6 6 (10.53%) Equities
7 5 (8.77%) Data Structures
8 3 (5.26%) Credit Derivative
8 3 (5.26%) Economics
8 3 (5.26%) Equity Derivative
8 3 (5.26%) Fixed Income
8 3 (5.26%) Mathematics
9 1 (1.75%) CMDB
Operating Systems
1 1 (1.75%) Windows
Processes & Methodologies
1 16 (28.07%) Business Analysis
2 15 (26.32%) Stress Testing
3 13 (22.81%) Risk Management
4 12 (21.05%) Agile Software Development
4 12 (21.05%) User Acceptance Testing
5 8 (14.04%) SDLC
6 7 (12.28%) Validation
7 5 (8.77%) Stakeholder Management
7 5 (8.77%) UML
8 4 (7.02%) Data Management
8 4 (7.02%) Data Modelling
8 4 (7.02%) Monte Carlo Method
8 4 (7.02%) Waterfall
9 3 (5.26%) Data Analysis
9 3 (5.26%) Data Validation
9 3 (5.26%) Release Management
10 2 (3.51%) Analytics
10 2 (3.51%) Change Management
10 2 (3.51%) Root Cause Analysis
10 2 (3.51%) Use Case
Programming Languages
1 23 (40.35%) SQL
2 7 (12.28%) VBA
3 3 (5.26%) C#
4 2 (3.51%) C++
4 2 (3.51%) R
5 1 (1.75%) Java
5 1 (1.75%) PowerShell
Qualifications
1 8 (14.04%) Degree
2 1 (1.75%) PhD
Quality Assurance & Compliance
1 10 (17.54%) Data Quality
2 2 (3.51%) SLA
3 1 (1.75%) Basel III
3 1 (1.75%) QA
System Software
1 1 (1.75%) Active Directory
Systems Management
1 1 (1.75%) HP Quality Center
Vendors
1 4 (7.02%) Algorithmics
1 4 (7.02%) Murex
1 4 (7.02%) Oracle
1 4 (7.02%) Sybase
2 3 (5.26%) SunGard
3 1 (1.75%) Calypso
3 1 (1.75%) Citrix
3 1 (1.75%) IBM
3 1 (1.75%) Microsoft