The statistics below represent IT contracts advertised across the UK that had Quantitative Risk Analyst featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 22 February 2017 with a comparison to same period over 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
22 Feb 2017
Same period 2016 Same period 2015
Quantitative Risk Analyst
UK
Rank 588 617 614
Rank change year-on-year
+29 -3
Contract jobs requiring a Quantitative Risk Analyst 6 12 2
As % of all contract IT jobs located in the UK 0.013% 0.023% 0.004%
As % of the Job Titles category 0.014% 0.024% 0.004%
Number of daily rates quoted 5 11 1
Median daily rate £825 £625 £265
Median daily rate % change year-on-year
+32.00% +135.84%
UK excluding London median daily rate - - -
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 Job Titles category in contract jobs advertised across the UK. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
UK
Contract IT job ads with a match in the
Job Titles category
42966 49399 48939
As % of all contract IT jobs located in the UK 94.73% 94.99% 94.80%
Number of daily rates quoted 28025 31812 30247
Median daily rate £425 £415 £400
Median daily rate % change year-on-year
+2.40% +3.75%
90% offered a daily rate of more than £250 £260 £240
10% offered a daily rate of more than £600 £575 £563
UK excluding London median daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 1562 1656 1895
Median hourly rate £18.50 £17.50 £17.50
Median hourly rate % change year-on-year
+5.71% -
90% offered a hourly rate of more than £11.17 £11.00 £11.00
10% offered a hourly rate of more than £47.00 £50.00 £40.60
UK excluding London median hourly rate £17.50 £18.00 £16.75
% change year-on-year
-2.77% +7.46%

Quantitative Risk Analyst
Jobs Demand Trend

The demand trend of IT contracts that featured Quantitative Risk Analyst in the job title.

Quantitative Risk Analyst Jobs Demand Trend in the UK

Quantitative Risk Analyst
Daily Rate Trend

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

Quantitative Risk Analyst Daily Rate Trend in the UK

Quantitative Risk Analyst
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Risk Analyst within the UK over the 3 months to 22 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 +39 6 £825 +32.00% 1
London +18 6 £825 +32.00% 1

Quantitative Risk Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 22 February 2017, Quantitative Risk Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Quantitative Risk Analyst in the job title.

1 16 (84.21%) C++
2 15 (78.95%) Finance
2 15 (78.95%) Market Risk
3 13 (68.42%) C#
3 13 (68.42%) Mathematics
3 13 (68.42%) PnL Attribution
4 12 (63.16%) Quantitative Finance
5 11 (57.89%) Validation
6 9 (47.37%) Derivative
7 8 (42.11%) Physics
7 8 (42.11%) Stochastic Modelling
8 7 (36.84%) Statistical Analysis
8 7 (36.84%) QA
8 7 (36.84%) PhD
9 6 (31.58%) Java
9 6 (31.58%) Analytics
10 5 (26.32%) Front Office
10 5 (26.32%) Risk Management
11 4 (21.05%) Credit Risk
11 4 (21.05%) Continuous Integration
11 4 (21.05%) Risk Analytics
12 3 (15.79%) Python
13 2 (10.53%) Equities
13 2 (10.53%) Degree
14 1 (5.26%) OTC Derivatives
14 1 (5.26%) Analytical Skills
14 1 (5.26%) Fixed Income
14 1 (5.26%) Banking
14 1 (5.26%) Data Analysis
14 1 (5.26%) Business Analysis

Quantitative Risk Analyst Skill Set
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:

General
1 15 (78.95%) Finance
2 5 (26.32%) Front Office
3 1 (5.26%) Banking
Libraries, Frameworks & Software Standards
1 1 (5.26%) FpML
1 1 (5.26%) XML
Miscellaneous
1 15 (78.95%) Market Risk
2 9 (47.37%) Derivative
3 4 (21.05%) Credit Risk
4 2 (10.53%) Equities
5 1 (5.26%) Analytical Skills
5 1 (5.26%) Fixed Income
5 1 (5.26%) OTC Derivatives
Processes & Methodologies
1 13 (68.42%) Mathematics
1 13 (68.42%) PnL Attribution
2 12 (63.16%) Quantitative Finance
3 11 (57.89%) Validation
4 8 (42.11%) Physics
4 8 (42.11%) Stochastic Modelling
5 7 (36.84%) Statistical Analysis
6 6 (31.58%) Analytics
7 5 (26.32%) Risk Management
8 4 (21.05%) Continuous Integration
8 4 (21.05%) Risk Analytics
9 1 (5.26%) Business Analysis
9 1 (5.26%) Change Management
9 1 (5.26%) CRM
9 1 (5.26%) Data Analysis
9 1 (5.26%) OO
9 1 (5.26%) OOP
Programming Languages
1 16 (84.21%) C++
2 13 (68.42%) C#
3 6 (31.58%) Java
4 3 (15.79%) Python
5 1 (5.26%) SQL
5 1 (5.26%) VBA
Qualifications
1 7 (36.84%) PhD
2 2 (10.53%) Degree
Quality Assurance & Compliance
1 7 (36.84%) QA