The table below looks at the prevalence of the term Market Risk in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 25 August 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
25 Aug 2016
Same period 2015 Same period 2014
Market Risk
Rank 527 412 409
Rank change year-on-year
-115 -3
Contract jobs citing Market Risk 123 255 236
As % of all contract IT jobs located in the UK 0.23% 0.44% 0.42%
As % of the Miscellaneous category 0.68% 1.35% 1.27%
Number of daily rates quoted 78 211 166
Median daily rate £655 £550 £550
Median daily rate % change year-on-year
+19.09% -
90% offered a daily rate of more than £479 £400 £418
10% offered a daily rate of more than £750 £675 £625
UK excluding London median daily rate £463 £500 £425
% change year-on-year
-7.50% +17.64%
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 Miscellaneous category in contract jobs advertised across the UK.

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
18103 18932 18533
As % of all contract IT jobs located in the UK 33.37% 32.40% 32.88%
Number of daily rates quoted 11707 11906 11111
Median daily rate £425 £425 £400
Median daily rate % change year-on-year
- +6.25%
90% offered a daily rate of more than £250 £250 £240
10% offered a daily rate of more than £600 £615 £600
UK excluding London median daily rate £376 £375 £350
% change year-on-year
+0.13% +7.14%
Number of hourly rates quoted 678 757 774
Median hourly rate £21.00 £20.00 £18.70
Median hourly rate % change year-on-year
+5.00% +6.95%
90% offered a hourly rate of more than £11.72 £12.00 £12.42
10% offered a hourly rate of more than £45.00 £46.50 £43.98
UK excluding London median hourly rate £22.50 £19.29 £18.75
% change year-on-year
+16.64% +2.88%

Market Risk
Jobs Demand Trend

The demand trend of contract jobs citing Market Risk as a proportion of all IT contracts with a match in the Miscellaneous category.

Market Risk Jobs Demand Trend in the UK

Market Risk
Daily Rate Trend

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

Market Risk Daily Rate Trend in the UK

Market Risk
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Market Risk within the UK over the 3 months to 25 August 2016.

Market Risk Daily Rate Histogram in the UK

Market Risk
Hourly Rate Trend

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

Market Risk Hourly Rate Trend in the UK

Market Risk
Top 18 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the UK over the 3 months to 25 August 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 -117 122 £660 +20.00% 17
London -119 114 £675 +22.72% 17
City of London 0 31 £675 +22.72% 10
South East - 4 £650 -
South West - 3 £500 -
Wiltshire - 3 £500 -
Swindon - 3 £500 -
Canary Wharf +1 2 £350 -17.64%
Berkshire - 2 £650 -
Reading - 2 £650 -
Milton Keynes - 1 - -
Belfast - 1 £425 -
Romford - 1 - -
Buckinghamshire - 1 - -
Surrey - 1 - -
West Midlands - 1 £350 -
Northern Ireland - 1 £425 -
County Antrim - 1 £425 -

Market Risk
Top 30 Related IT Skills

For the 6 months to 25 August 2016, IT contractor jobs citing Market Risk 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 Market Risk.

1 160 (62.75%) Finance
2 137 (53.73%) Banking
3 86 (33.73%) Credit Risk
4 83 (32.55%) Investment Banking
5 75 (29.41%) SQL
6 70 (27.45%) Risk Management
7 63 (24.71%) Front Office
8 61 (23.92%) Agile Software Development
9 54 (21.18%) C#
10 44 (17.25%) Java
11 40 (15.69%) Derivative
12 38 (14.90%) Murex
13 37 (14.51%) Analytical Skills
14 33 (12.94%) Business Analysis
15 32 (12.55%) Python
16 31 (12.16%) Foreign Exchange (FX)
17 27 (10.59%) Project Management
18 26 (10.20%) Data Modelling
18 26 (10.20%) Degree
19 24 (9.41%) .NET
20 23 (9.02%) C++
20 23 (9.02%) Oracle
20 23 (9.02%) SQL Server
21 22 (8.63%) Stakeholder Management
21 22 (8.63%) Data Analysis
22 21 (8.24%) Data Warehouse
23 20 (7.84%) Stress Testing
24 18 (7.06%) Scrum
24 18 (7.06%) Equities
24 18 (7.06%) Migration

Market Risk
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 12 (4.71%) SAS
2 8 (3.14%) Apache Spark
3 5 (1.96%) Oracle Coherence
3 5 (1.96%) Tomcat
4 4 (1.57%) Confluence
5 3 (1.18%) Jetty
5 3 (1.18%) nginx
6 2 (0.78%) IBM HTTP Server
7 1 (0.39%) IIS
7 1 (0.39%) WebSphere
7 1 (0.39%) WebSphere Application Server
Applications
1 10 (3.92%) MS Excel
2 9 (3.53%) Spreadsheet
3 5 (1.96%) MS PowerPoint
4 4 (1.57%) MS Office
5 3 (1.18%) MS Visio
6 1 (0.39%) MS Project
Business Applications
1 6 (2.35%) Summit
2 4 (1.57%) Front Arena
3 2 (0.78%) BusinessWorks
3 2 (0.78%) Findur
Communications & Networking
1 3 (1.18%) Internet
2 1 (0.39%) TCP/IP
Database & Business Intelligence
1 23 (9.02%) SQL Server
2 21 (8.24%) Data Warehouse
3 16 (6.27%) Big Data
4 13 (5.10%) Hadoop
5 10 (3.92%) Data Mart
5 10 (3.92%) Relational Database
6 9 (3.53%) Apache Cassandra
7 8 (3.14%) SQL Server 2008
7 8 (3.14%) SQL Server 2012
8 7 (2.75%) SQL Server Integration Services
9 6 (2.35%) Star Schema
10 4 (1.57%) Apache Hive
10 4 (1.57%) Data Mining
10 4 (1.57%) Power BI
10 4 (1.57%) SQL Server Analysis Services
10 4 (1.57%) SQL Server Reporting Services
11 3 (1.18%) Impala
11 3 (1.18%) Neo4j
11 3 (1.18%) NoSQL
11 3 (1.18%) Oracle Database
Development Applications
1 9 (3.53%) JIRA
1 9 (3.53%) Maven
2 8 (3.14%) JUnit
3 7 (2.75%) Subversion
4 5 (1.96%) Jenkins
5 4 (1.57%) Ant
5 4 (1.57%) Cucumber
5 4 (1.57%) Git (software)
5 4 (1.57%) TeamCity
6 3 (1.18%) Mockito
6 3 (1.18%) PowerDesigner
6 3 (1.18%) Team Foundation Server
7 2 (0.78%) SoapUI
7 2 (0.78%) SonarQube
7 2 (0.78%) Sonatype Nexus
7 2 (0.78%) Visual Studio
8 1 (0.39%) Atlassian Bamboo
8 1 (0.39%) jMock
8 1 (0.39%) JSUnit
8 1 (0.39%) NUnit
General
1 160 (62.75%) Finance
2 137 (53.73%) Banking
3 83 (32.55%) Investment Banking
4 63 (24.71%) Front Office
5 12 (4.71%) Legal
6 4 (1.57%) Back Office
7 2 (0.78%) Financial Institution
7 2 (0.78%) French Language
7 2 (0.78%) Retail
7 2 (0.78%) Telecoms
8 1 (0.39%) Advertising
8 1 (0.39%) Retail Banking
8 1 (0.39%) Spanish Language
Job Titles
1 97 (38.04%) Analyst
2 83 (32.55%) Developer
3 68 (26.67%) Business Analyst
4 65 (25.49%) Risk Analyst
5 46 (18.04%) Risk Business Analyst
6 45 (17.65%) Market Risk Analyst
7 30 (11.76%) Market Risk Business Analyst
7 30 (11.76%) Project Manager
8 22 (8.63%) Java Developer
9 21 (8.24%) Senior Developer
10 19 (7.45%) C# Developer
10 19 (7.45%) Risk Manager
10 19 (7.45%) SQL Developer
11 17 (6.67%) Python Developer
12 16 (6.27%) Banking Analyst
12 16 (6.27%) Market Risk Developer
13 15 (5.88%) Quantitative Developer
14 13 (5.10%) Architect
14 13 (5.10%) IT Business Analyst
14 13 (5.10%) Quantitative Analyst
Libraries, Frameworks & Software Standards
1 24 (9.41%) .NET
2 13 (5.10%) WPF
3 11 (4.31%) REST
3 11 (4.31%) Spring
4 7 (2.75%) ASP.NET
4 7 (2.75%) Web Services
5 6 (2.35%) XML
6 4 (1.57%) GWT
6 4 (1.57%) JNI
7 3 (1.18%) .NET Framework
7 3 (1.18%) AngularJS
7 3 (1.18%) CSS
7 3 (1.18%) CSS3
7 3 (1.18%) HTML
7 3 (1.18%) J2EE
7 3 (1.18%) JDBC
7 3 (1.18%) JSON
7 3 (1.18%) SOAP
7 3 (1.18%) Struts
7 3 (1.18%) Struts2
Miscellaneous
1 86 (33.73%) Credit Risk
2 40 (15.69%) Derivative
3 37 (14.51%) Analytical Skills
4 31 (12.16%) Foreign Exchange (FX)
5 18 (7.06%) Equities
6 17 (6.67%) Fixed Income
7 16 (6.27%) Mathematics
8 11 (4.31%) Credit Derivative
8 11 (4.31%) Physics
9 9 (3.53%) Computer Science
10 8 (3.14%) Algorithms
10 8 (3.14%) Management Information System
11 6 (2.35%) Economics
11 6 (2.35%) Reference Data
12 5 (1.96%) Equity Derivative
13 4 (1.57%) Data Structures
13 4 (1.57%) Taxonomies
13 4 (1.57%) User Experience
14 3 (1.18%) Fintech
14 3 (1.18%) Mobile Banking
Operating Systems
1 14 (5.49%) Unix
2 11 (4.31%) Windows
3 7 (2.75%) Windows Server
4 5 (1.96%) Linux
4 5 (1.96%) Windows Server 2003
4 5 (1.96%) Windows Server 2012
5 1 (0.39%) AIX
Processes & Methodologies
1 70 (27.45%) Risk Management
2 61 (23.92%) Agile Software Development
3 33 (12.94%) Business Analysis
4 27 (10.59%) Project Management
5 26 (10.20%) Data Modelling
6 22 (8.63%) Data Analysis
6 22 (8.63%) Stakeholder Management
7 20 (7.84%) Stress Testing
8 18 (7.06%) Migration
8 18 (7.06%) Scrum
9 17 (6.67%) SDLC
9 17 (6.67%) Validation
10 16 (6.27%) Analytics
10 16 (6.27%) User Acceptance Testing
11 14 (5.49%) Business Intelligence
11 14 (5.49%) Data Management
12 11 (4.31%) Multithreading
12 11 (4.31%) OO
12 11 (4.31%) Quantitative Finance
13 10 (3.92%) Monte Carlo Method
Programming Languages
1 75 (29.41%) SQL
2 54 (21.18%) C#
3 44 (17.25%) Java
4 32 (12.55%) Python
5 23 (9.02%) C++
6 9 (3.53%) Haskell
6 9 (3.53%) Scala
6 9 (3.53%) VBA
7 7 (2.75%) R
8 5 (1.96%) JavaScript
8 5 (1.96%) MATLAB
8 5 (1.96%) Perl
8 5 (1.96%) PowerShell
8 5 (1.96%) VBScript
9 4 (1.57%) Korn
10 3 (1.18%) PL/SQL
11 2 (0.78%) T-SQL
12 1 (0.39%) C
12 1 (0.39%) Shell Script
12 1 (0.39%) VB.NET
Qualifications
1 26 (10.20%) Degree
2 3 (1.18%) PhD
3 2 (0.78%) CFA
3 2 (0.78%) PMI Certification
3 2 (0.78%) PMP
3 2 (0.78%) Postgraduate
Quality Assurance & Compliance
1 11 (4.31%) QA
2 9 (3.53%) Basel III
3 8 (3.14%) MiFID
4 7 (2.75%) COREP
4 7 (2.75%) CRD IV
4 7 (2.75%) EMIR
5 5 (1.96%) Basel II
5 5 (1.96%) PCI DSS
5 5 (1.96%) Sarbanes-Oxley
6 3 (1.18%) AIFMD
6 3 (1.18%) Data Quality
7 2 (0.78%) Dodd-Frank
7 2 (0.78%) FATCA
System Software
1 4 (1.57%) Platform Symphony
2 1 (0.39%) HDFS
2 1 (0.39%) Virtual Machines
Systems Management
1 5 (1.96%) SCCM
2 2 (0.78%) Control-M
2 2 (0.78%) TIBCO Hawk
3 1 (0.39%) HP Quality Center
3 1 (0.39%) Puppet
Vendors
1 38 (14.90%) Murex
2 23 (9.02%) Oracle
3 9 (3.53%) Calypso
3 9 (3.53%) Microsoft
4 5 (1.96%) Algorithmics
4 5 (1.96%) ServiceNow
4 5 (1.96%) Sybase
4 5 (1.96%) VMware
5 3 (1.18%) IBM
5 3 (1.18%) Sophis
6 2 (0.78%) Sonatype
6 2 (0.78%) TIBCO
7 1 (0.39%) Bloomberg
7 1 (0.39%) DataFlux
7 1 (0.39%) GoldenSource
7 1 (0.39%) HP
7 1 (0.39%) Informatica
7 1 (0.39%) Reuters
7 1 (0.39%) SAP
7 1 (0.39%) Teradata
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