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 23 February 2017 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
23 Feb 2017
Same period 2016 Same period 2015
Market Risk
UK
Rank 482 469 420
Rank change year-on-year
-13 -49
Contract jobs citing Market Risk 113 162 198
As % of all contract IT jobs located in the UK 0.25% 0.31% 0.38%
As % of the Miscellaneous category 0.80% 1.01% 1.25%
Number of daily rates quoted 91 110 151
Median daily rate £600 £588 £575
Median daily rate % change year-on-year
+2.12% +2.17%
90% offered a daily rate of more than £495 £450 £375
10% offered a daily rate of more than £825 £1,100 £725
UK excluding London median daily rate £623 £525 £425
% change year-on-year
+18.57% +23.52%
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
14081 16114 15778
As % of all contract IT jobs located in the UK 31.03% 30.96% 30.05%
Number of daily rates quoted 9062 10430 9745
Median daily rate £447 £425 £425
Median daily rate % change year-on-year
+5.05% -
90% offered a daily rate of more than £263 £250 £250
10% offered a daily rate of more than £625 £610 £600
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 556 580 645
Median hourly rate £20.00 £22.00 £18.38
Median hourly rate % change year-on-year
-9.09% +19.72%
90% offered a hourly rate of more than £11.33 £12.50 £11.74
10% offered a hourly rate of more than £48.70 £53.40 £42.50
UK excluding London median hourly rate £17.50 £22.54 £18.00
% change year-on-year
-22.36% +25.22%

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 23 February 2017.

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 5 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 23 February 2017. 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 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 -11 111 £600 +2.12% 10
London -28 111 £600 +2.12% 10
City of London -3 32 £615 +17.14% 4
Docklands, London +4 5 £588 +56.66%
Canary Wharf +2 2 £625 -25.59%

Market Risk
Top 30 Related IT Skills

For the 6 months to 23 February 2017, 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.

1 175 (65.30%) Finance
2 121 (45.15%) Banking
3 82 (30.60%) Java
4 77 (28.73%) Risk Management
5 74 (27.61%) Mathematics
6 73 (27.24%) Credit Risk
7 71 (26.49%) C++
8 61 (22.76%) Front Office
9 60 (22.39%) C#
10 56 (20.90%) Derivative
11 54 (20.15%) Agile Software Development
12 49 (18.28%) Investment Banking
13 47 (17.54%) SQL
14 45 (16.79%) Analytics
15 42 (15.67%) OO
16 41 (15.30%) Foreign Exchange (FX)
17 35 (13.06%) Python
18 33 (12.31%) Big Data
18 33 (12.31%) Degree
19 32 (11.94%) Oracle
19 32 (11.94%) Analytical Skills
20 28 (10.45%) PnL Attribution
21 27 (10.07%) Subversion
22 26 (9.70%) Multithreading
23 24 (8.96%) Physics
23 24 (8.96%) Business Analysis
24 23 (8.58%) Project Management
24 23 (8.58%) Hadoop
25 22 (8.21%) SDLC
25 22 (8.21%) MATLAB

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 20 (7.46%) Apache Spark
2 10 (3.73%) Oracle Coherence
3 6 (2.24%) JBoss
3 6 (2.24%) WebLogic
4 5 (1.87%) Apache Pig
4 5 (1.87%) DataSynapse
4 5 (1.87%) Tomcat
5 3 (1.12%) IBM HTTP Server
5 3 (1.12%) SAS
6 2 (0.75%) WebSphere
6 2 (0.75%) WebSphere Application Server
7 1 (0.37%) Apache
7 1 (0.37%) GemFire
Applications
1 14 (5.22%) MS Office
2 12 (4.48%) MS Excel
3 5 (1.87%) MS PowerPoint
4 3 (1.12%) Spreadsheet
5 2 (0.75%) MS Project
6 1 (0.37%) MS Visio
Business Applications
1 6 (2.24%) Adaptiv
2 3 (1.12%) Findur
3 1 (0.37%) SAP Oil and Gas
3 1 (0.37%) Summit
3 1 (0.37%) Sylvan
Cloud Services
1 2 (0.75%) Amazon AWS
2 1 (0.37%) Google Cloud Platform
2 1 (0.37%) OpenShift
2 1 (0.37%) PaaS
Communications & Networking
1 1 (0.37%) Internet
Database & Business Intelligence
1 33 (12.31%) Big Data
2 23 (8.58%) Hadoop
3 22 (8.21%) SQL Server
4 9 (3.36%) Apache Cassandra
4 9 (3.36%) Oracle Database
5 8 (2.99%) Data Lake
6 7 (2.61%) BusinessObjects
6 7 (2.61%) Relational Database
7 6 (2.24%) Data Warehouse
8 4 (1.49%) HBase
8 4 (1.49%) Power BI
8 4 (1.49%) SQL Server Reporting Services
9 3 (1.12%) Hazelcast
9 3 (1.12%) SQL Server Analysis Services
10 2 (0.75%) SQL Server 2016
10 2 (0.75%) SQL Server Integration Services
11 1 (0.37%) Base SAS
11 1 (0.37%) InterSystems Cache
11 1 (0.37%) NoSQL
11 1 (0.37%) SAS Enterprise Guide
Development Applications
1 27 (10.07%) Subversion
2 20 (7.46%) JIRA
3 8 (2.99%) Jenkins
4 6 (2.24%) JUnit
5 5 (1.87%) Cucumber
5 5 (1.87%) Git (software)
5 5 (1.87%) JSUnit
5 5 (1.87%) PHPUnit
6 4 (1.49%) Team Foundation Server
6 4 (1.49%) Visual Studio
7 3 (1.12%) Maven
7 3 (1.12%) NUnit
8 1 (0.37%) Grunt
8 1 (0.37%) Jasmine
8 1 (0.37%) Mocha
8 1 (0.37%) TeamCity
General
1 175 (65.30%) Finance
2 121 (45.15%) Banking
3 61 (22.76%) Front Office
4 49 (18.28%) Investment Banking
5 12 (4.48%) Financial Institution
6 10 (3.73%) Retail
7 5 (1.87%) French Language
8 4 (1.49%) Back Office
8 4 (1.49%) Retail Banking
9 3 (1.12%) Marketing
10 2 (0.75%) Legal
10 2 (0.75%) Wholesale Banking
Job Titles
1 131 (48.88%) Developer
2 78 (29.10%) Analyst
3 57 (21.27%) Risk Analyst
4 48 (17.91%) Business Analyst
5 43 (16.04%) Market Risk Analyst
6 39 (14.55%) Market Risk Developer
7 38 (14.18%) Java Developer
8 37 (13.81%) Quantitative Developer
9 35 (13.06%) Risk Business Analyst
10 30 (11.19%) Architect
10 30 (11.19%) C++ Developer
11 27 (10.07%) C# Developer
12 24 (8.96%) Market Risk Business Analyst
12 24 (8.96%) Market Risk Java Developer
12 24 (8.96%) Senior Developer
13 23 (8.58%) Solutions Architect
14 17 (6.34%) MATLAB Developer
15 16 (5.97%) Qualitative Analyst
15 16 (5.97%) Quantitative Analyst
15 16 (5.97%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 19 (7.09%) .NET
2 11 (4.10%) Web Services
3 7 (2.61%) STL
3 7 (2.61%) WPF
3 7 (2.61%) XML
4 6 (2.24%) RESTful
4 6 (2.24%) Spring
4 6 (2.24%) WCF
5 5 (1.87%) J2EE
6 4 (1.49%) AngularJS
6 4 (1.49%) CORBA
6 4 (1.49%) CSS
6 4 (1.49%) HTML
6 4 (1.49%) HTML5
6 4 (1.49%) Node.js
6 4 (1.49%) XSD
7 3 (1.12%) ASP.NET
7 3 (1.12%) Backbone.js
7 3 (1.12%) CSS3
7 3 (1.12%) React
Miscellaneous
1 73 (27.24%) Credit Risk
2 56 (20.90%) Derivative
3 41 (15.30%) Foreign Exchange (FX)
4 32 (11.94%) Analytical Skills
5 20 (7.46%) Equities
5 20 (7.46%) Fixed Income
6 17 (6.34%) Computer Science
7 13 (4.85%) Algorithms
8 12 (4.48%) Management Information System
9 10 (3.73%) Credit Derivative
10 8 (2.99%) Taxonomies
11 7 (2.61%) Virtual Team
12 5 (1.87%) User Experience
13 4 (1.49%) OTC Derivatives
14 3 (1.12%) Grid Computing
15 2 (0.75%) Equity Derivative
16 1 (0.37%) Data Structures
16 1 (0.37%) Interest Rate Derivative
16 1 (0.37%) Swaptions
16 1 (0.37%) Tandem
Operating Systems
1 20 (7.46%) Unix
2 11 (4.10%) Linux
3 6 (2.24%) Windows
Processes & Methodologies
1 77 (28.73%) Risk Management
2 74 (27.61%) Mathematics
3 54 (20.15%) Agile Software Development
4 45 (16.79%) Analytics
5 42 (15.67%) OO
6 28 (10.45%) PnL Attribution
7 26 (9.70%) Multithreading
8 24 (8.96%) Business Analysis
8 24 (8.96%) Physics
9 23 (8.58%) Project Management
10 22 (8.21%) SDLC
11 21 (7.84%) Quantitative Finance
11 21 (7.84%) Scrum
11 21 (7.84%) Validation
12 20 (7.46%) Mathematical Modelling
12 20 (7.46%) Stress Testing
13 19 (7.09%) OOP
14 18 (6.72%) Data Modelling
15 17 (6.34%) Monte Carlo Method
16 15 (5.60%) Stochastic Modelling
Programming Languages
1 82 (30.60%) Java
2 71 (26.49%) C++
3 60 (22.39%) C#
4 47 (17.54%) SQL
5 35 (13.06%) Python
6 22 (8.21%) MATLAB
7 21 (7.84%) Scala
8 17 (6.34%) VBA
9 9 (3.36%) Haskell
9 9 (3.36%) Korn
10 7 (2.61%) Perl
11 6 (2.24%) C
12 4 (1.49%) R
13 2 (0.75%) JavaScript
13 2 (0.75%) Shell Script
14 1 (0.37%) F#
14 1 (0.37%) PL/SQL
14 1 (0.37%) VB
14 1 (0.37%) VB.NET
Qualifications
1 33 (12.31%) Degree
2 14 (5.22%) PhD
3 3 (1.12%) CBAP
3 3 (1.12%) ISEB
3 3 (1.12%) Six Sigma Black Belt
4 2 (0.75%) CFA
5 1 (0.37%) MBA
5 1 (0.37%) PMI Certification
Quality Assurance & Compliance
1 14 (5.22%) MiFID
2 10 (3.73%) Basel III
2 10 (3.73%) Dodd-Frank
2 10 (3.73%) QA
3 6 (2.24%) Data Quality
4 4 (1.49%) EMIR
4 4 (1.49%) Solvency II
5 3 (1.12%) SLA
6 2 (0.75%) Basel II
6 2 (0.75%) IFRS
6 2 (0.75%) IFRS 9
7 1 (0.37%) FATCA
System Software
1 3 (1.12%) HDFS
2 1 (0.37%) Active Directory
2 1 (0.37%) Tivoli Workload Scheduler
Systems Management
1 5 (1.87%) Puppet
2 1 (0.37%) Tivoli
Vendors
1 32 (11.94%) Oracle
2 13 (4.85%) Microsoft
3 10 (3.73%) Sybase
4 7 (2.61%) Algorithmics
5 5 (1.87%) Murex
6 3 (1.12%) Cloudera
6 3 (1.12%) TIBCO
6 3 (1.12%) Vertica
7 2 (0.75%) GoldenSource
7 2 (0.75%) IBM
7 2 (0.75%) Infragistics
7 2 (0.75%) Perforce
8 1 (0.37%) BISAM
8 1 (0.37%) FactSet
8 1 (0.37%) Google
8 1 (0.37%) Red Hat
8 1 (0.37%) Reuters
8 1 (0.37%) SAP
8 1 (0.37%) Solace
8 1 (0.37%) Sophis
London
Oliver Bernard
Rate: £500 - £600 per day
Posted: 14 hours ago
London
Cititec
Rate: £550 - £600 per day
Posted: 13 hours ago
City, London
Reed Technology
Rate: £600 - £750 per day
Posted: 2 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £550 per annum
Posted: 2 days ago