The table below looks at the statistics 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 19 December 2014 with a comparison to the same period in 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.

Location
3 months to
19 Dec 2014
Same period 2013 Same period 2012
Quantitative Risk Management (QRM)
Rank 577 566 543
Rank change year-on-year
-11 -23
Contract jobs citing Quantitative Risk Management 18 16 14
As % of all contract IT jobs located in the UK 0.033% 0.031% 0.028%
As % of the Processes & Methodologies category 0.044% 0.042% 0.039%
Number of daily rates quoted 14 15 11
Average daily rate
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£588 £550 £550
Average daily rate % change year-on-year
+6.81% -
90% offered a daily rate of more than £458 £500 £450
10% offered a daily rate of more than £600 £650 £625
UK excluding London average daily rate - £538 £444
% change year-on-year
- +21.12%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised across the UK.

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
41096 38070 35468
As % of all contract IT jobs located in the UK 74.49% 73.77% 71.46%
Number of daily rates quoted 26903 23461 20857
Average daily rate £421 £400 £400
Average daily rate % change year-on-year
+5.12% -
90% offered a daily rate of more than £280 £270 £267
10% offered a daily rate of more than £580 £575 £575
UK excluding London average daily rate £388 £365 £365
% change year-on-year
+6.16% -
Number of hourly rates quoted 1109 1170 1452
Average hourly rate £24.00 £26.00 £30.00
Average hourly rate % change year-on-year
-7.69% -13.33%
90% offered a hourly rate of more than £11.50 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £44.90 £45.00
UK excluding London average hourly rate £25.00 £27.00 £30.00
% change year-on-year
-7.40% -10.00%

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 19 December 2014.

Quantitative Risk Management Daily Rate Histogram in the UK

Quantitative Risk Management
Top 5 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 19 December 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
London +19 18 £588 +6.81% 3
England -28 18 £588 +6.81% 6
City of London +13 11 £569 -1.08%
Scotland - - - -
Glasgow - - - -

Quantitative Risk Management
Top 30 Related IT Skills

For the 6 months to 19 December 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 34 (70.83%) Finance
2 31 (64.58%) Banking
3 17 (35.42%) FTP
4 16 (33.33%) Risk Management
5 15 (31.25%) Degree
6 13 (27.08%) Retail
7 12 (25.00%) Oracle
8 11 (22.92%) MS Excel
8 11 (22.92%) Microsoft
9 9 (18.75%) SunGard
9 9 (18.75%) Data Modelling
9 9 (18.75%) MS Office
9 9 (18.75%) Stakeholder Management
10 8 (16.67%) Data Warehouse
11 7 (14.58%) Business Objects
11 7 (14.58%) Calypso
11 7 (14.58%) Business Analysis
11 7 (14.58%) MBA
11 7 (14.58%) CFA
11 7 (14.58%) Market Risk
11 7 (14.58%) Data Quality
11 7 (14.58%) Business Transformation
12 6 (12.50%) Dodd-Frank
12 6 (12.50%) Data Architecture
12 6 (12.50%) TOGAF
12 6 (12.50%) Data Analysis
12 6 (12.50%) MCT
12 6 (12.50%) SQL
13 5 (10.42%) Hyperion
13 5 (10.42%) ACCA

Quantitative Risk Management
Top Related IT Skills by Category

For the 6 months to 19 December 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.

Applications
1 11 (22.92%) MS Excel
2 9 (18.75%) MS Office
3 2 (4.17%) Spreadsheet
3 2 (4.17%) MS Visio
4 1 (2.08%) MS PowerPoint
Business Applications
1 2 (4.17%) HFM
Communications & Networking
1 17 (35.42%) FTP
2 2 (4.17%) 4G
Database & Business Intelligence
1 8 (16.67%) Data Warehouse
2 2 (4.17%) Relational Database
2 2 (4.17%) OLTP
2 2 (4.17%) RDBMS
2 2 (4.17%) MS Access
2 2 (4.17%) SQL Server
3 1 (2.08%) Oracle Reports
3 1 (2.08%) Data Mart
3 1 (2.08%) Oracle Database
General
1 34 (70.83%) Finance
2 31 (64.58%) Banking
3 13 (27.08%) Retail
4 3 (6.25%) Investment Banking
4 3 (6.25%) Retail Banking
5 2 (4.17%) Legal
5 2 (4.17%) Front Office
6 1 (2.08%) Financial Institution
6 1 (2.08%) Corporate Banking
Job Titles
1 31 (64.58%) Analyst
2 12 (25.00%) Business Analyst
3 9 (18.75%) Architect
4 8 (16.67%) Data Analyst
5 7 (14.58%) Solutions Architect
6 5 (10.42%) Data Modeller
6 5 (10.42%) Report Analyst
7 4 (8.33%) Senior Analyst
8 3 (6.25%) Banking Business Analyst
9 2 (4.17%) Business Intelligence Architect
9 2 (4.17%) Risk Analyst
10 1 (2.08%) Project Manager
10 1 (2.08%) Senior Business Analyst
10 1 (2.08%) Quantitative Analyst
10 1 (2.08%) Risk Manager
10 1 (2.08%) IT Business Analyst
10 1 (2.08%) Senior Risk Analyst
10 1 (2.08%) Senior IT Business Analyst
10 1 (2.08%) Fixed Income Business Analyst
10 1 (2.08%) Quantitative Risk Analyst
Libraries, Frameworks & Software Standards
1 2 (4.17%) .NET
Miscellaneous
1 7 (14.58%) Market Risk
2 3 (6.25%) Analytical Skills
3 2 (4.17%) Credit Risk
4 1 (2.08%) Fixed Income
4 1 (2.08%) Management Information System
4 1 (2.08%) Derivative
Processes & Methodologies
1 16 (33.33%) Risk Management
2 9 (18.75%) Data Modelling
2 9 (18.75%) Stakeholder Management
3 7 (14.58%) Business Analysis
3 7 (14.58%) Business Transformation
4 6 (12.50%) Data Architecture
4 6 (12.50%) TOGAF
4 6 (12.50%) Data Analysis
5 5 (10.42%) Project Management
5 5 (10.42%) Data Management
5 5 (10.42%) Agile Software Development
5 5 (10.42%) Migration
5 5 (10.42%) Validation
5 5 (10.42%) Data Migration
5 5 (10.42%) Stress Testing
6 4 (8.33%) Data Mapping
6 4 (8.33%) Business Development
6 4 (8.33%) Capacity Planning
6 4 (8.33%) UML
7 3 (6.25%) Business Intelligence
Programming Languages
1 6 (12.50%) SQL
2 2 (4.17%) C#
Qualifications
1 15 (31.25%) Degree
2 7 (14.58%) MBA
2 7 (14.58%) CFA
3 6 (12.50%) MCT
4 5 (10.42%) ACCA
4 5 (10.42%) CIMA
Quality Assurance & Compliance
1 7 (14.58%) Data Quality
2 6 (12.50%) Dodd-Frank
3 4 (8.33%) Basel III
4 1 (2.08%) COREP
4 1 (2.08%) FINREP
4 1 (2.08%) QA
Systems Management
1 1 (2.08%) HP Quality Center
Vendors
1 12 (25.00%) Oracle
2 11 (22.92%) Microsoft
3 9 (18.75%) SunGard
4 7 (14.58%) Business Objects
4 7 (14.58%) Calypso
5 5 (10.42%) Hyperion
6 3 (6.25%) Cognos
7 2 (4.17%) Teradata
7 2 (4.17%) Sybase
8 1 (2.08%) Cognizant
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £550 - £750 per day
Posted: Yesterday
London
Aston Carter
Rate: £450 - £650 per day
Posted: Yesterday
London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 4 days ago
Docklands
Interquest - ITQ Financial - Tunbridge Wells
Rate: £550 - £650 per day
Posted: 21 days ago
Manchester
Orgtel
Rate: £750 - £800 per day + competitive
Posted: 22 days ago