The first table below looks at the demand for Quantitative Risk Management skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Quantitative Risk Management over the 3 months to 11 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category.

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.

Location
3 months to
11 Jul 2014
Same period 2013 Same period 2012
Quantitative Risk Management (QRM)
Rank 563 555 555
Rank change year-on-year
-8 0
Contract jobs citing Quantitative Risk Management 17 15 30
As % of all contract IT jobs located in the UK 0.032% 0.030% 0.052%
As % of the Processes & Methodologies category 0.044% 0.041% 0.075%
Number of daily rates quoted 14 14 24
Average daily rate
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£483 £454 £550
Average daily rate % change year-on-year
+6.39% -17.54%
90% offered a daily rate of more than £408 £420 £465
10% offered a daily rate of more than £621 £585 £650
UK excluding London average daily rate £425 £432 -
% change year-on-year
-1.62% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
39028 36522 40170
As % of all contract IT jobs located in the UK 74.08% 72.85% 70.27%
Number of daily rates quoted 24228 22021 22957
Average daily rate £400 £410 £400
Average daily rate % change year-on-year
-2.43% +2.50%
90% offered a daily rate of more than £275 £273 £270
10% offered a daily rate of more than £563 £575 £575
UK excluding London average daily rate £375 £375 £363
% change year-on-year
- +3.44%
Number of hourly rates quoted 1171 1067 1398
Average hourly rate £25.00 £30.00 £30.00
Average hourly rate % change year-on-year
-16.66% -
90% offered a hourly rate of more than £12.50 £12.50 £13.00
10% offered a hourly rate of more than £47.00 £46.00 £45.00
UK excluding London average hourly rate £27.00 £31.00 £30.00
% change year-on-year
-12.90% +3.33%

Quantitative Risk Management
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Quantitative Risk Management within the UK as a proportion of the total demand within the Processes & Methodologies category.

Quantitative Risk Management Jobs Demand Trend in the UK

Quantitative Risk Management
Daily Rate Trend

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

Quantitative Risk Management Daily Rate Trend in the UK

Quantitative Risk Management
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Risk Management within the UK over the 3 months to 11 July 2014.

Quantitative Risk Management Daily Rate Histogram in the UK

Quantitative Risk Management
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quantitative Risk Management within the UK over the 3 months to 11 July 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -8 17 £483 +6.39% 8
London -5 10 £550 +4.76% 2

Quantitative Risk Management
Top 30 Related IT Skills

For the 6 months to 11 July 2014, IT contractor jobs within the UK citing Quantitative Risk Management also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Quantitative Risk Management.

1 44 (72.13%) Finance
2 33 (54.10%) Banking
3 18 (29.51%) Risk Management
4 14 (22.95%) Front Office
5 12 (19.67%) Stress Testing
6 11 (18.03%) Project Management
6 11 (18.03%) MS Excel
7 10 (16.39%) Microsoft
7 10 (16.39%) Change Management
8 9 (14.75%) Validation
8 9 (14.75%) Data Warehouse
8 9 (14.75%) Business Analysis
9 8 (13.11%) PMI
9 8 (13.11%) PMI Certification
9 8 (13.11%) PRINCE2
9 8 (13.11%) Investment Banking
10 7 (11.48%) TOGAF
10 7 (11.48%) SQL Server
10 7 (11.48%) SQL Server Integration Services
11 6 (9.84%) Data Analysis
11 6 (9.84%) Performance Management
11 6 (9.84%) SQL
11 6 (9.84%) FTP
12 5 (8.20%) Data Management
12 5 (8.20%) Retail
12 5 (8.20%) Business Objects
12 5 (8.20%) SunGard
12 5 (8.20%) Software Testing
13 4 (6.56%) SQL Server Reporting Services
13 4 (6.56%) Data Validation

Quantitative Risk Management
Top Related IT Skills by Category

For the 6 months to 11 July 2014, IT contractor jobs within the UK citing Quantitative Risk Management also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Quantitative Risk Management. Up to 20 skills are shown per category.

Application Platforms
1 1 (1.64%) SAS
Applications
1 11 (18.03%) MS Excel
2 4 (6.56%) MS Office
3 3 (4.92%) MS Project
3 3 (4.92%) MS Visio
4 2 (3.28%) MS PowerPoint
5 1 (1.64%) Spreadsheet
Communications & Networking
1 6 (9.84%) FTP
Database & Business Intelligence
1 9 (14.75%) Data Warehouse
2 7 (11.48%) SQL Server
2 7 (11.48%) SQL Server Integration Services
3 4 (6.56%) SQL Server Analysis Services
3 4 (6.56%) SQL Server Reporting Services
4 3 (4.92%) Data Mart
4 3 (4.92%) MS Access
General
1 44 (72.13%) Finance
2 33 (54.10%) Banking
3 14 (22.95%) Front Office
4 8 (13.11%) Investment Banking
5 5 (8.20%) Retail
6 2 (3.28%) Legal
7 1 (1.64%) Retail Banking
7 1 (1.64%) Corporate Banking
Job Titles
1 29 (47.54%) Analyst
2 22 (36.07%) Business Analyst
3 9 (14.75%) Architect
3 9 (14.75%) Project Manager
4 8 (13.11%) Quality Manager
4 8 (13.11%) Risk Manager
5 6 (9.84%) Solutions Architect
6 3 (4.92%) Project Planner
6 3 (4.92%) Risk Analyst
6 3 (4.92%) Financial Business Analyst
6 3 (4.92%) Data Analyst
6 3 (4.92%) Quality Analyst
7 2 (3.28%) Data Mart Developer
7 2 (3.28%) Developer
7 2 (3.28%) Technical Architect
7 2 (3.28%) Data Architect
8 1 (1.64%) Report Analyst
8 1 (1.64%) Senior Analyst
8 1 (1.64%) Consultant
8 1 (1.64%) Management Consultant
Libraries, Frameworks & Software Standards
1 3 (4.92%) .NET
Miscellaneous
1 8 (13.11%) PMI
2 4 (6.56%) Market Risk
3 2 (3.28%) Management Information System
3 2 (3.28%) Swaptions
3 2 (3.28%) Credit Risk
4 1 (1.64%) Data Integration
Processes & Methodologies
1 18 (29.51%) Risk Management
2 12 (19.67%) Stress Testing
3 11 (18.03%) Project Management
4 10 (16.39%) Change Management
5 9 (14.75%) Validation
5 9 (14.75%) Business Analysis
6 8 (13.11%) PRINCE2
7 7 (11.48%) TOGAF
8 6 (9.84%) Data Analysis
8 6 (9.84%) Performance Management
9 5 (8.20%) Software Testing
9 5 (8.20%) Data Management
10 4 (6.56%) ETL
10 4 (6.56%) Business Intelligence
10 4 (6.56%) Data Validation
10 4 (6.56%) Data Reconciliation
11 3 (4.92%) User Acceptance Testing
11 3 (4.92%) Financial Modelling
11 3 (4.92%) Monte Carlo Method
11 3 (4.92%) Data Governance
Programming Languages
1 6 (9.84%) SQL
2 3 (4.92%) C#
3 2 (3.28%) Perl
3 2 (3.28%) VBScript
4 1 (1.64%) VB
Qualifications
1 8 (13.11%) PMI Certification
2 2 (3.28%) Degree
3 1 (1.64%) Security Cleared
3 1 (1.64%) ACCA
3 1 (1.64%) CIMA
Quality Assurance & Compliance
1 4 (6.56%) Basel III
2 2 (3.28%) COREP
3 1 (1.64%) Sarbanes-Oxley
3 1 (1.64%) Data Quality
Vendors
1 10 (16.39%) Microsoft
2 5 (8.20%) SunGard
2 5 (8.20%) Business Objects
Halifax
Real Staffing
Rate: £300 - £400 per day
Posted: 16 hours ago
City, London
Hays London City Projects
Rate: £500.00 - £550.00 per day
Posted: 17 hours ago
Halifax
Orgtel
Rate: £350 - £400 per day + competitive
Posted: 2 days ago
Halifax, West Yorkshire
TEKsystems
Rate: £300 - £400 per day
Posted: 2 days ago
Halifax, West Yorkshire
TEKsystems
Rate: £400 per day
Posted: 2 days ago
Wiltshire
Sanderson
Rate: £450 - £600 per day
Posted: 6 days ago
London
Real Staffing
Rate: £600 - £650 per day
Posted: 17 days ago