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 17 January 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
17 Jan 2017
Same period 2016 Same period 2015
Market Risk
UK
Rank 447 417 463
Rank change year-on-year
-30 +46
Contract jobs citing Market Risk 150 201 149
As % of all contract IT jobs located in the UK 0.34% 0.40% 0.30%
As % of the Miscellaneous category 1.03% 1.22% 0.95%
Number of daily rates quoted 124 121 108
Median daily rate £600 £600 £550
Median daily rate % change year-on-year
- +9.09%
90% offered a daily rate of more than £475 £485 £375
10% offered a daily rate of more than £850 £840 £733
UK excluding London median daily rate £623 £600 £400
% change year-on-year
+3.75% +50.00%
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
14607 16507 15753
As % of all contract IT jobs located in the UK 32.63% 33.08% 31.58%
Number of daily rates quoted 9315 10460 9901
Median daily rate £445 £425 £415
Median daily rate % change year-on-year
+4.70% +2.40%
90% offered a daily rate of more than £250 £245 £238
10% offered a daily rate of more than £625 £620 £600
UK excluding London median daily rate £394 £375 £365
% change year-on-year
+4.93% +2.73%
Number of hourly rates quoted 550 692 640
Median hourly rate £20.50 £21.50 £17.50
Median hourly rate % change year-on-year
-4.65% +22.85%
90% offered a hourly rate of more than £11.38 £12.50 £11.50
10% offered a hourly rate of more than £46.43 £50.00 £40.00
UK excluding London median hourly rate £18.71 £21.50 £17.50
% change year-on-year
-12.96% +22.85%

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 17 January 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 17 January 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
London -30 149 £600 +2.12% 11
England -33 149 £600 - 11
City of London +5 37 £615 +6.95% 5
Canary Wharf +1 3 £650 -22.61%
Docklands, London 0 3 £588 +20.51%

Market Risk
Top 30 Related IT Skills

For the 6 months to 17 January 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.

1 171 (62.41%) Finance
2 135 (49.27%) Banking
3 76 (27.74%) Front Office
3 76 (27.74%) Credit Risk
4 75 (27.37%) Risk Management
4 75 (27.37%) Java
5 60 (21.90%) C#
5 60 (21.90%) SQL
6 59 (21.53%) Agile Software Development
7 58 (21.17%) Investment Banking
7 58 (21.17%) Derivative
8 54 (19.71%) C++
9 51 (18.61%) Analytics
10 49 (17.88%) Foreign Exchange (FX)
11 40 (14.60%) Mathematics
12 39 (14.23%) OO
13 37 (13.50%) Python
14 36 (13.14%) Degree
15 34 (12.41%) Analytical Skills
16 31 (11.31%) Business Analysis
17 30 (10.95%) Project Management
18 28 (10.22%) Big Data
19 26 (9.49%) Equities
19 26 (9.49%) Subversion
20 25 (9.12%) Physics
20 25 (9.12%) Multithreading
21 24 (8.76%) .NET
22 23 (8.39%) PnL Attribution
22 23 (8.39%) Hadoop
23 22 (8.03%) 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 21 (7.66%) Apache Spark
2 6 (2.19%) JBoss
2 6 (2.19%) WebLogic
3 5 (1.82%) Apache Pig
3 5 (1.82%) Oracle Coherence
4 4 (1.46%) IBM HTTP Server
5 3 (1.09%) SAS
5 3 (1.09%) Tomcat
5 3 (1.09%) WebSphere
5 3 (1.09%) WebSphere Application Server
6 1 (0.36%) Confluence
6 1 (0.36%) GemFire
Applications
1 14 (5.11%) MS Office
2 12 (4.38%) MS Excel
3 8 (2.92%) MS PowerPoint
4 6 (2.19%) Spreadsheet
5 4 (1.46%) MS Visio
6 3 (1.09%) MS Project
Business Applications
1 6 (2.19%) Adaptiv
2 3 (1.09%) Findur
3 2 (0.73%) Summit
4 1 (0.36%) SAP Oil and Gas
Cloud Services
1 1 (0.36%) Amazon AWS
1 1 (0.36%) OpenShift
1 1 (0.36%) PaaS
Communications & Networking
1 1 (0.36%) Internet
1 1 (0.36%) TCP/IP
Database & Business Intelligence
1 28 (10.22%) Big Data
2 23 (8.39%) Hadoop
3 21 (7.66%) SQL Server
4 12 (4.38%) Apache Cassandra
5 9 (3.28%) Data Lake
6 8 (2.92%) Data Warehouse
6 8 (2.92%) Power BI
6 8 (2.92%) SQL Server Reporting Services
7 7 (2.55%) BusinessObjects
8 6 (2.19%) SQL Server Integration Services
9 5 (1.82%) Data Mart
9 5 (1.82%) HBase
9 5 (1.82%) Relational Database
10 3 (1.09%) SQL Server Analysis Services
11 2 (0.73%) Hazelcast
11 2 (0.73%) SQL Server 2016
12 1 (0.36%) Base SAS
12 1 (0.36%) NoSQL
12 1 (0.36%) Oracle Database
12 1 (0.36%) SAS Enterprise Guide
Development Applications
1 26 (9.49%) Subversion
2 16 (5.84%) JIRA
3 8 (2.92%) Jenkins
4 6 (2.19%) JUnit
5 5 (1.82%) Cucumber
5 5 (1.82%) Git (software)
5 5 (1.82%) JSUnit
5 5 (1.82%) PHPUnit
6 3 (1.09%) Maven
6 3 (1.09%) NUnit
7 2 (0.73%) TeamCity
8 1 (0.36%) Grunt
8 1 (0.36%) Jasmine
8 1 (0.36%) Mocha
8 1 (0.36%) Visual Studio
General
1 171 (62.41%) Finance
2 135 (49.27%) Banking
3 76 (27.74%) Front Office
4 58 (21.17%) Investment Banking
5 12 (4.38%) Retail
6 8 (2.92%) Financial Institution
7 5 (1.82%) Retail Banking
8 4 (1.46%) Back Office
8 4 (1.46%) French Language
9 3 (1.09%) Marketing
10 2 (0.73%) Legal
10 2 (0.73%) Wholesale Banking
11 1 (0.36%) Spanish Language
Job Titles
1 127 (46.35%) Developer
2 86 (31.39%) Analyst
3 59 (21.53%) Risk Analyst
4 58 (21.17%) Business Analyst
5 45 (16.42%) Market Risk Analyst
6 40 (14.60%) Market Risk Developer
6 40 (14.60%) Risk Business Analyst
7 37 (13.50%) Java Developer
8 33 (12.04%) Quantitative Developer
9 31 (11.31%) C# Developer
10 29 (10.58%) Market Risk Business Analyst
11 25 (9.12%) Senior Developer
12 24 (8.76%) Market Risk Java Developer
13 23 (8.39%) Architect
14 21 (7.66%) C++ Developer
14 21 (7.66%) Qualitative Analyst
14 21 (7.66%) Quantitative Analyst
15 19 (6.93%) Quantitative Risk Analyst
16 17 (6.20%) MATLAB Developer
16 17 (6.20%) Project Manager
Libraries, Frameworks & Software Standards
1 24 (8.76%) .NET
2 12 (4.38%) Web Services
2 12 (4.38%) WPF
3 10 (3.65%) XML
4 9 (3.28%) ASP.NET
5 6 (2.19%) RESTful
5 6 (2.19%) WCF
6 5 (1.82%) Spring
6 5 (1.82%) XSD
7 4 (1.46%) J2EE
7 4 (1.46%) STL
8 3 (1.09%) AngularJS
8 3 (1.09%) CORBA
8 3 (1.09%) CSS
8 3 (1.09%) HTML
8 3 (1.09%) HTML5
8 3 (1.09%) Java EE
8 3 (1.09%) MDX
8 3 (1.09%) Node.js
8 3 (1.09%) XSLT
Miscellaneous
1 76 (27.74%) Credit Risk
2 58 (21.17%) Derivative
3 49 (17.88%) Foreign Exchange (FX)
4 40 (14.60%) Mathematics
5 34 (12.41%) Analytical Skills
6 26 (9.49%) Equities
7 25 (9.12%) Physics
8 21 (7.66%) Fixed Income
9 14 (5.11%) Computer Science
10 12 (4.38%) Management Information System
11 10 (3.65%) Algorithms
12 9 (3.28%) Credit Derivative
12 9 (3.28%) Statistics
13 8 (2.92%) Taxonomies
14 7 (2.55%) Virtual Team
15 5 (1.82%) Visualisation
16 4 (1.46%) Data Integration
16 4 (1.46%) Economics
16 4 (1.46%) Reference Data
16 4 (1.46%) User Experience
Operating Systems
1 20 (7.30%) Unix
2 9 (3.28%) Windows
3 8 (2.92%) Linux
Processes & Methodologies
1 75 (27.37%) Risk Management
2 59 (21.53%) Agile Software Development
3 51 (18.61%) Analytics
4 39 (14.23%) OO
5 31 (11.31%) Business Analysis
6 30 (10.95%) Project Management
7 25 (9.12%) Multithreading
8 23 (8.39%) PnL Attribution
9 21 (7.66%) Quantitative Finance
9 21 (7.66%) Validation
10 19 (6.93%) Monte Carlo Method
10 19 (6.93%) Scrum
11 18 (6.57%) Data Modelling
12 17 (6.20%) Business Intelligence
13 16 (5.84%) Risk Analytics
13 16 (5.84%) SDLC
14 15 (5.47%) OOP
14 15 (5.47%) Stochastic Modelling
15 14 (5.11%) Data Architecture
16 13 (4.74%) Change Management
Programming Languages
1 75 (27.37%) Java
2 60 (21.90%) C#
2 60 (21.90%) SQL
3 54 (19.71%) C++
4 37 (13.50%) Python
5 22 (8.03%) MATLAB
6 21 (7.66%) Scala
7 12 (4.38%) Haskell
8 9 (3.28%) VBA
9 7 (2.55%) C
9 7 (2.55%) Korn
10 6 (2.19%) Perl
11 5 (1.82%) R
12 2 (0.73%) JavaScript
12 2 (0.73%) PL/SQL
12 2 (0.73%) Shell Script
13 1 (0.36%) F#
13 1 (0.36%) VB.NET
Qualifications
1 36 (13.14%) Degree
2 11 (4.01%) PhD
3 3 (1.09%) CBAP
3 3 (1.09%) ISEB
3 3 (1.09%) Six Sigma Black Belt
4 2 (0.73%) CFA
5 1 (0.36%) MBA
5 1 (0.36%) PMI Certification
Quality Assurance & Compliance
1 15 (5.47%) MiFID
2 12 (4.38%) Basel III
3 11 (4.01%) QA
4 6 (2.19%) Dodd-Frank
5 4 (1.46%) EMIR
5 4 (1.46%) Solvency II
6 3 (1.09%) Data Quality
6 3 (1.09%) SLA
7 2 (0.73%) Basel II
8 1 (0.36%) FATCA
System Software
1 4 (1.46%) HDFS
2 1 (0.36%) Active Directory
2 1 (0.36%) Tivoli Workload Scheduler
Systems Management
1 5 (1.82%) Puppet
2 1 (0.36%) Tivoli
Vendors
1 21 (7.66%) Oracle
2 18 (6.57%) Murex
3 12 (4.38%) Sybase
4 9 (3.28%) Microsoft
5 7 (2.55%) Algorithmics
6 3 (1.09%) GoldenSource
6 3 (1.09%) IBM
7 2 (0.73%) Bloomberg
7 2 (0.73%) Cloudera
7 2 (0.73%) Infragistics
7 2 (0.73%) Perforce
7 2 (0.73%) Reuters
7 2 (0.73%) TIBCO
7 2 (0.73%) Vertica
8 1 (0.36%) DataSynapse
8 1 (0.36%) HP
8 1 (0.36%) Red Hat
8 1 (0.36%) SAP
8 1 (0.36%) Solace
8 1 (0.36%) Sophis
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