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 3 December 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
3 Dec 2016
Same period 2015 Same period 2014
Market Risk
Rank 475 446 471
Rank change year-on-year
-29 +25
Contract jobs citing Market Risk 145 216 167
As % of all contract IT jobs located in the UK 0.29% 0.39% 0.29%
As % of the Miscellaneous category 0.90% 1.17% 0.92%
Number of daily rates quoted 116 133 124
Median daily rate £625 £575 £575
Median daily rate % change year-on-year
+8.69% -
90% offered a daily rate of more than £463 £440 £391
10% offered a daily rate of more than £850 £725 £685
UK excluding London median daily rate - £600 £475
% change year-on-year
- +26.31%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £10.50
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
16138 18509 18235
As % of all contract IT jobs located in the UK 32.63% 33.44% 31.64%
Number of daily rates quoted 10432 11626 11544
Median daily rate £430 £425 £408
Median daily rate % change year-on-year
+1.17% +4.29%
90% offered a daily rate of more than £247 £250 £238
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £377 £385 £363
% change year-on-year
-2.14% +6.20%
Number of hourly rates quoted 576 792 769
Median hourly rate £19.00 £20.00 £17.00
Median hourly rate % change year-on-year
-5.00% +17.64%
90% offered a hourly rate of more than £12.00 £12.07 £11.00
10% offered a hourly rate of more than £45.00 £45.00 £42.50
UK excluding London median hourly rate £18.75 £19.50 £16.84
% change year-on-year
-3.84% +15.79%

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 3 December 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 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 3 December 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 -61 145 £625 +8.69% 9
London -64 145 £625 +8.69% 9
City of London +3 33 £650 +18.18% 4
Canary Wharf +4 3 £650 +15.55%
Docklands, London -4 1 £650 +8.33%

Market Risk
Top 30 Related IT Skills

For the 6 months to 3 December 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 (59.93%) Finance
2 136 (50.94%) Banking
3 78 (29.21%) Front Office
4 76 (28.46%) Credit Risk
5 70 (26.22%) Java
6 66 (24.72%) Investment Banking
7 65 (24.34%) Risk Management
8 64 (23.97%) SQL
9 59 (22.10%) Agile Software Development
10 53 (19.85%) C#
11 50 (18.73%) Derivative
12 46 (17.23%) Foreign Exchange (FX)
13 44 (16.48%) C++
14 41 (15.36%) Python
14 41 (15.36%) Analytics
15 39 (14.61%) Analytical Skills
16 36 (13.48%) Business Analysis
17 35 (13.11%) OO
18 34 (12.73%) Degree
19 32 (11.99%) Project Management
20 31 (11.61%) Mathematics
21 26 (9.74%) Equities
21 26 (9.74%) Murex
22 25 (9.36%) Big Data
23 22 (8.24%) Subversion
23 22 (8.24%) Multithreading
24 21 (7.87%) MATLAB
25 20 (7.49%) Fixed Income
25 20 (7.49%) Unix
26 19 (7.12%) .NET

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 17 (6.37%) Apache Spark
2 7 (2.62%) SAS
3 4 (1.50%) IBM HTTP Server
3 4 (1.50%) Oracle Coherence
4 3 (1.12%) Apache Pig
4 3 (1.12%) WebSphere
4 3 (1.12%) WebSphere Application Server
5 2 (0.75%) Confluence
6 1 (0.37%) GemFire
Applications
1 12 (4.49%) MS Excel
1 12 (4.49%) MS Office
2 8 (3.00%) Spreadsheet
3 7 (2.62%) MS PowerPoint
4 3 (1.12%) MS Visio
5 2 (0.75%) MS Project
Business Applications
1 6 (2.25%) Adaptiv
2 4 (1.50%) Summit
3 3 (1.12%) Findur
4 2 (0.75%) BusinessWorks
Communications & Networking
1 1 (0.37%) Internet
1 1 (0.37%) TCP/IP
Database & Business Intelligence
1 25 (9.36%) Big Data
2 19 (7.12%) Hadoop
3 17 (6.37%) SQL Server
4 13 (4.87%) Apache Cassandra
5 10 (3.75%) Data Mart
6 9 (3.37%) Data Warehouse
6 9 (3.37%) Relational Database
7 8 (3.00%) Power BI
7 8 (3.00%) SQL Server Reporting Services
8 7 (2.62%) Data Lake
9 6 (2.25%) SQL Server Integration Services
10 5 (1.87%) HBase
11 3 (1.12%) Oracle Database
11 3 (1.12%) RDBMS
12 2 (0.75%) Base SAS
12 2 (0.75%) JasperReports
12 2 (0.75%) SAS Enterprise Guide
12 2 (0.75%) SQL Server 2016
13 1 (0.37%) NoSQL
13 1 (0.37%) SAS Data Integration Studio
Development Applications
1 22 (8.24%) Subversion
2 16 (5.99%) JIRA
3 9 (3.37%) Jenkins
4 6 (2.25%) JUnit
5 5 (1.87%) Cucumber
5 5 (1.87%) Git (software)
5 5 (1.87%) JSUnit
5 5 (1.87%) Maven
5 5 (1.87%) PHPUnit
6 2 (0.75%) NUnit
6 2 (0.75%) SoapUI
6 2 (0.75%) SonarQube
6 2 (0.75%) Sonatype Nexus
6 2 (0.75%) TeamCity
7 1 (0.37%) Grunt
7 1 (0.37%) Jasmine
7 1 (0.37%) Mocha
7 1 (0.37%) Visual Studio
General
1 160 (59.93%) Finance
2 136 (50.94%) Banking
3 78 (29.21%) Front Office
4 66 (24.72%) Investment Banking
5 10 (3.75%) Retail
6 5 (1.87%) Retail Banking
7 4 (1.50%) Back Office
8 3 (1.12%) French Language
8 3 (1.12%) Legal
8 3 (1.12%) Marketing
9 2 (0.75%) Financial Institution
9 2 (0.75%) Telecoms
9 2 (0.75%) Wholesale Banking
10 1 (0.37%) Spanish Language
Job Titles
1 121 (45.32%) Developer
2 94 (35.21%) Analyst
3 67 (25.09%) Business Analyst
4 65 (24.34%) Risk Analyst
5 49 (18.35%) Risk Business Analyst
6 48 (17.98%) Market Risk Analyst
7 35 (13.11%) Java Developer
7 35 (13.11%) Market Risk Business Analyst
8 34 (12.73%) Market Risk Developer
9 31 (11.61%) Quantitative Developer
10 25 (9.36%) C# Developer
11 23 (8.61%) Senior Developer
12 21 (7.87%) Market Risk Java Developer
12 21 (7.87%) Project Manager
13 18 (6.74%) Python Developer
13 18 (6.74%) Qualitative Analyst
13 18 (6.74%) Quantitative Analyst
14 17 (6.37%) MATLAB Developer
15 16 (5.99%) Quantitative Risk Analyst
16 15 (5.62%) C++ Developer
Libraries, Frameworks & Software Standards
1 19 (7.12%) .NET
2 9 (3.37%) ASP.NET
2 9 (3.37%) WPF
3 8 (3.00%) XML
4 6 (2.25%) RESTful
4 6 (2.25%) Web Services
5 5 (1.87%) Spring
6 3 (1.12%) AngularJS
6 3 (1.12%) CSS
6 3 (1.12%) HTML
6 3 (1.12%) HTML5
6 3 (1.12%) Java EE
6 3 (1.12%) MDX
6 3 (1.12%) Murex MxML
6 3 (1.12%) Node.js
6 3 (1.12%) WCF
6 3 (1.12%) XSD
6 3 (1.12%) XSLT
7 2 (0.75%) Akka
7 2 (0.75%) React
Miscellaneous
1 76 (28.46%) Credit Risk
2 50 (18.73%) Derivative
3 46 (17.23%) Foreign Exchange (FX)
4 39 (14.61%) Analytical Skills
5 31 (11.61%) Mathematics
6 26 (9.74%) Equities
7 20 (7.49%) Fixed Income
8 19 (7.12%) Physics
9 13 (4.87%) Computer Science
10 8 (3.00%) Taxonomies
11 7 (2.62%) Algorithms
11 7 (2.62%) Credit Derivative
11 7 (2.62%) Management Information System
11 7 (2.62%) Statistics
12 6 (2.25%) Reference Data
13 5 (1.87%) Economics
13 5 (1.87%) Visualisation
14 4 (1.50%) Equity Derivative
14 4 (1.50%) Grid Computing
14 4 (1.50%) User Experience
Operating Systems
1 20 (7.49%) Unix
2 11 (4.12%) Windows
3 7 (2.62%) Linux
4 2 (0.75%) Windows Server
5 1 (0.37%) AIX
Processes & Methodologies
1 65 (24.34%) Risk Management
2 59 (22.10%) Agile Software Development
3 41 (15.36%) Analytics
4 36 (13.48%) Business Analysis
5 35 (13.11%) OO
6 32 (11.99%) Project Management
7 22 (8.24%) Multithreading
8 18 (6.74%) Data Analysis
8 18 (6.74%) Quantitative Finance
8 18 (6.74%) SDLC
8 18 (6.74%) Validation
9 16 (5.99%) OOP
9 16 (5.99%) Scrum
10 15 (5.62%) Data Modelling
10 15 (5.62%) Monte Carlo Method
11 14 (5.24%) Risk Analytics
11 14 (5.24%) User Acceptance Testing
12 13 (4.87%) Data Management
13 12 (4.49%) Change Management
13 12 (4.49%) Stochastic Modelling
Programming Languages
1 70 (26.22%) Java
2 64 (23.97%) SQL
3 53 (19.85%) C#
4 44 (16.48%) C++
5 41 (15.36%) Python
6 21 (7.87%) MATLAB
7 19 (7.12%) Scala
8 11 (4.12%) Haskell
9 8 (3.00%) Korn
9 8 (3.00%) VBA
10 7 (2.62%) C
10 7 (2.62%) R
11 5 (1.87%) Perl
12 3 (1.12%) PL/SQL
13 2 (0.75%) JavaScript
14 1 (0.37%) F#
14 1 (0.37%) VB.NET
Qualifications
1 34 (12.73%) Degree
2 8 (3.00%) 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 15 (5.62%) Basel III
2 14 (5.24%) MiFID
3 10 (3.75%) QA
4 5 (1.87%) Dodd-Frank
4 5 (1.87%) EMIR
5 3 (1.12%) Basel II
5 3 (1.12%) Data Quality
6 2 (0.75%) FATCA
6 2 (0.75%) Solvency II
7 1 (0.37%) COREP
7 1 (0.37%) CRD IV
7 1 (0.37%) SLA
System Software
1 4 (1.50%) HDFS
2 2 (0.75%) Platform Symphony
3 1 (0.37%) Active Directory
3 1 (0.37%) Tivoli Workload Scheduler
Systems Management
1 5 (1.87%) Puppet
2 2 (0.75%) TIBCO Hawk
3 1 (0.37%) HP Quality Center
3 1 (0.37%) Tivoli
Vendors
1 26 (9.74%) Murex
2 19 (7.12%) Oracle
3 11 (4.12%) Sybase
4 10 (3.75%) Microsoft
5 5 (1.87%) IBM
6 4 (1.50%) Algorithmics
7 3 (1.12%) GoldenSource
7 3 (1.12%) TIBCO
8 2 (0.75%) Bloomberg
8 2 (0.75%) Calypso
8 2 (0.75%) Reuters
8 2 (0.75%) Sonatype
8 2 (0.75%) Sophis
9 1 (0.37%) DataFlux
9 1 (0.37%) DataSynapse
9 1 (0.37%) HP
9 1 (0.37%) Infragistics
9 1 (0.37%) SAP
9 1 (0.37%) Teradata
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 3 days ago
London
TEKsystems
Rate: £400 - £450 per day
Posted: 2 days ago
City, London
Hays Finance Technology
Rate: £650.00 - £700.00 per day
Posted: 2 days ago
London
Hays London City Cheapside
Rate: £650.00 - £700.00 per day
Posted: 2 days ago
London
Harrington Starr
Rate: £500 - £600 per day
Posted: 6 days ago