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This section looks at the demand for Market Risk skills across the UK with a comparison to our Miscellaneous category. Included is a guide to the contractor rates offered in IT jobs that have cited Market Risk over the last 3 months to 15 May 2008 with a comparison to the same period last year.

LinkMarket Risk
Location
3 months to 15 May 2008Same period last year
Rank315327
Rank change on same period last yearUp+12
Matching contract IT job ads330341
As % of all UK contract IT job ads sampled0.423 %0.383 %
As % of the category below2.014 %1.791 %
Daily rates quoted169152
Average minimum daily rate£552£521
Average daily rate£606£554
% change on same period last year+9.52 %
Average maximum daily rate£661£586
UK excluding London average daily rate£380£305
% change on same period last year+24.59 %
Hourly rates quoted193
Average minimum hourly rate£34.37£61.67
Average hourly rate£35.16£65.83
% change on same period last year-46.59 %
Average maximum hourly rate£35.95£70.00
UK excluding London average hourly rate-£95.00
% change on same period last year-
Miscellaneous UKMiscellaneous
UK
Matching contract IT job ads1638519040
As % of all UK contract IT job ads sampled21.02 %21.39 %
Daily rates quoted59576810
Average minimum daily rate£452£475
Average daily rate£487£510
% change on same period last year-4.51 %
Average maximum daily rate£522£546
UK excluding London average daily rate£361£360
% change on same period last year+0.21 %
Hourly rates quoted13621166
Average minimum hourly rate£22.17£23.48
Average hourly rate£24.36£25.25
% change on same period last year-3.53 %
Average maximum hourly rate£26.56£27.02
UK excluding London average hourly rate£23.96£25.02
% change on same period last year-4.25 %

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Market Risk
Demand Trend

The chart provides the 3-month moving total starting in 2004 of contract IT jobs ads citing Market Risk across the UK as a proportion of the total demand within the Miscellaneous category.

Market Risk Demand Trend

Market Risk
Daily Rate Trend

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

Market Risk Daily Rate Trend

Market Risk
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Market Risk across the UK over the past 3 months.

Market Risk Daily Rate Histogram

Market Risk
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in contract IT jobs ads citing Market Risk across the UK.

Market Risk Hourly Rate Trend

Market Risk
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing Market Risk across the UK over the past 3 months.

Market Risk Hourly Rate Histogram

Market Risk
Top 11 Contract Locations

This section looks at the demand and provides a guide to the contractor rates quoted in IT jobs citing Market Risk within the UK over the past 3 months.

RankLocationRank Change
on Same Period
Last Last
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
1EnglandUp+24327£606+9.52 %
2LondonUp+20320£609+9.68 %
3City of LondonDown-3143£578+7.79 %
4WiltshireNew entry-6£380-
4South WestNew entry-6£380-
5Canary WharfDown-53--
6SwindonNew entry-2£380-
7NorthamptonshireNew entry-1--
7NorthamptonNew entry-1--
7Docklands, LondonDown-91--
7East MidlandsNew entry-1--

Market Risk
Top 30 Related IT Skills

Over the past 6 months contract IT jobs across the UK citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled citing Market Risk.

1371 (56.21 %)Banking
2285 (43.18 %)Finance
3253 (38.33 %)Investment Banking
4219 (33.18 %)Derivative
5214 (32.42 %)Credit Risk
6149 (22.58 %)Risk Management
7137 (20.76 %)Front Office
8117 (17.73 %)Project Management
9112 (16.97 %)Foreign Exchange (FX)
9112 (16.97 %)SQL
10111 (16.82 %)C#
11103 (15.61 %)Back Office
1293 (14.09 %)VBA
1390 (13.64 %)Sybase
1483 (12.58 %)SQL Server
1572 (10.91 %)Java
1669 (10.45 %).NET
1763 (9.545 %)Fixed Income
1763 (9.545 %)Technical Architecture
1862 (9.394 %)Business Analysis
1959 (8.939 %)Credit Derivative
2055 (8.333 %)Degree
2152 (7.879 %)Oracle
2245 (6.818 %)Equity Derivative
2341 (6.212 %)Unix
2437 (5.606 %)Summit
2535 (5.303 %)ASP.NET
2535 (5.303 %)MS Excel
2535 (5.303 %)Stress Testing
2632 (4.848 %)RAD

Market Risk
Top Related IT Skills by Category

Over the past 6 months contract IT jobs across the UK citing Market Risk also mentioned the following skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled citing Market Risk. Up to 20 skills are shown per category.

Application Development
169 (10.45 %).NET
235 (5.303 %)ASP.NET
319 (2.879 %)J2EE
415 (2.273 %).NET Framework
512 (1.818 %)XML
611 (1.667 %)ADO
611 (1.667 %)WinForms
611 (1.667 %)DAO
79 (1.364 %)Spring
88 (1.212 %)Hibernate
88 (1.212 %)JMS
95 (0.758 %)Middleware
95 (0.758 %)SWT
104 (0.606 %)WebServices
104 (0.606 %)ADO.NET
112 (0.303 %)SOAP
112 (0.303 %)FpML
112 (0.303 %)Swing
112 (0.303 %)AJAX
112 (0.303 %)WebSphere
Application Platforms
114 (2.121 %)Apache
212 (1.818 %)Tomcat
35 (0.758 %)Rendezvous
41 (0.152 %)WebLogic
Applications
135 (5.303 %)MS Excel
23 (0.455 %)MS Project
31 (0.152 %)MS Visio
Business Applications
137 (5.606 %)Summit
21 (0.152 %)FRONT ARENA
Database & Business Intelligence
183 (12.58 %)SQL Server
223 (3.485 %)MS Access
38 (1.212 %)Datawarehouse
47 (1.061 %)SQL Server 2005
56 (0.909 %)RDBMS
56 (0.909 %)DTS
56 (0.909 %)SQL Server Reporting Services
65 (0.758 %)OLAP
74 (0.606 %)Crystal Reports
74 (0.606 %)Oracle Reports
74 (0.606 %)Oracle 8/8i
74 (0.606 %)TOAD
74 (0.606 %)SQL Server 7
74 (0.606 %)SQL Server Integration Services
74 (0.606 %)Oracle OLAP
83 (0.455 %)SQL Server 2000
91 (0.152 %)BusinessObjects
91 (0.152 %)Reference Data
91 (0.152 %)Oracle 9i
Development Applications
17 (1.061 %)Eclipse
25 (0.758 %)Subversion
34 (0.606 %)QuickTest Pro
34 (0.606 %)LoadRunner
34 (0.606 %)PowerBuilder
41 (0.152 %)TestDirector
41 (0.152 %)Visual Studio
41 (0.152 %)Flash
General
1371 (56.21 %)Banking
2285 (43.18 %)Finance
3253 (38.33 %)Investment Banking
4137 (20.76 %)Front Office
5103 (15.61 %)Back Office
624 (3.636 %)Financial Institution
713 (1.970 %)Legal
86 (0.909 %)Corporate Banking
93 (0.455 %)General Ledger
102 (0.303 %)Insurance
102 (0.303 %)Construction
102 (0.303 %)Education
111 (0.152 %)Retail
111 (0.152 %)International Banking
Job Titles
1294 (44.55 %)Analyst
2205 (31.06 %)Developer
3171 (25.91 %)Business Analyst
4135 (20.45 %)Market Risk Analyst
5108 (16.36 %)Risk Analyst
686 (13.03 %)Market Analyst
769 (10.45 %)Architect
856 (8.485 %)Market Risk Business Analyst
951 (7.727 %)C# Developer
1046 (6.970 %)Java Developer
1140 (6.061 %)Investment Banking Business Analyst
1236 (5.455 %)Project Manager
1331 (4.697 %)Banking Business Analyst
1430 (4.545 %)Excel Developer
1527 (4.091 %)Functional Architect
1527 (4.091 %)Credit Risk Analyst
1527 (4.091 %).NET Developer
1623 (3.485 %)Senior Analyst
1720 (3.030 %)VBA Developer
1819 (2.879 %)Credit Analyst
Miscellaneous
1219 (33.18 %)Derivative
2214 (32.42 %)Credit Risk
3112 (16.97 %)Foreign Exchange (FX)
463 (9.545 %)Fixed Income
559 (8.939 %)Credit Derivative
645 (6.818 %)Equity Derivative
730 (4.545 %)Hybrid Derivative
823 (3.485 %)Equities
916 (2.424 %)French Language
1013 (1.970 %)Interest Rate Derivative
119 (1.364 %)Fund Management
128 (1.212 %)Mathematics
137 (1.061 %)Computer Science
137 (1.061 %)Asset Management
145 (0.758 %)Grid Computing
145 (0.758 %)Management Information System
153 (0.455 %)Economics
153 (0.455 %)Statistics
162 (0.303 %)Tandem
171 (0.152 %)Exotic Derivative
Operating Systems
141 (6.212 %)Unix
213 (1.970 %)Windows
38 (1.212 %)Linux
46 (0.909 %)Solaris
Processes & Methodologies
1149 (22.58 %)Risk Management
2117 (17.73 %)Project Management
363 (9.545 %)Technical Architecture
462 (9.394 %)Business Analysis
535 (5.303 %)Stress Testing
632 (4.848 %)RAD
725 (3.788 %)User Acceptance Testing
819 (2.879 %)UML
819 (2.879 %)Risk Analysis
918 (2.727 %)Data Analysis
1014 (2.121 %)OO
1014 (2.121 %)Validation
1014 (2.121 %)Migration
1111 (1.667 %)SSADM
128 (1.212 %)Workflow
137 (1.061 %)Agile Software Development
137 (1.061 %)PRINCE2
137 (1.061 %)Continuous Integration
137 (1.061 %)Unit Testing
146 (0.909 %)Data Modelling
Programming Languages
1112 (16.97 %)SQL
2111 (16.82 %)C#
393 (14.09 %)VBA
472 (10.91 %)Java
528 (4.242 %)C++
625 (3.788 %)Perl
716 (2.424 %)Transact-SQL
811 (1.667 %)VB
910 (1.515 %)PL/SQL
910 (1.515 %)C
105 (0.758 %)VB6
114 (0.606 %)Korn
114 (0.606 %)JavaScript
123 (0.455 %)Python
Qualifications
155 (8.333 %)Degree
24 (0.606 %)PhD
33 (0.455 %)PRINCE2 Certification
41 (0.152 %)ACCA
41 (0.152 %)CIMA
Quality Assurance & Compliance
124 (3.636 %)Basel II
214 (2.121 %)QA
310 (1.515 %)Sarbanes-Oxley
Systems Management
17 (1.061 %)AutoSys
Vendors
190 (13.64 %)Sybase
252 (7.879 %)Oracle
318 (2.727 %)Microsoft
414 (2.121 %)Murex
510 (1.515 %)Tangosol
68 (1.212 %)TIBCO
76 (0.909 %)Sophis
76 (0.909 %)DataSynapse
84 (0.606 %)Vitria
84 (0.606 %)Reuters
93 (0.455 %)Algorithmics
93 (0.455 %)Yolus
102 (0.303 %)Calypso
102 (0.303 %)Citrix
102 (0.303 %)IBM
111 (0.152 %)Business Objects
111 (0.152 %)ILOG
111 (0.152 %)Brady
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