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 27 August 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
27 Aug 2014
Same period 2013 Same period 2012
Quantitative Risk Management (QRM)
Rank 576 557 547
Rank change year-on-year
-19 -10
Contract jobs citing Quantitative Risk Management 24 18 39
As % of all contract IT jobs located in the UK 0.043% 0.034% 0.066%
As % of the Processes & Methodologies category 0.058% 0.046% 0.094%
Number of daily rates quoted 21 15 35
Average daily rate
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£488 £475 £575
Average daily rate % change year-on-year
+2.63% -17.39%
90% offered a daily rate of more than £375 £408 £505
10% offered a daily rate of more than £550 £710 £650
UK excluding London average daily rate £438 £513 -
% change year-on-year
-14.63% -
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
41303 39122 41685
As % of all contract IT jobs located in the UK 74.30% 73.30% 70.99%
Number of daily rates quoted 25558 24009 24155
Average daily rate £410 £400 £400
Average daily rate % change year-on-year
+2.50% -
90% offered a daily rate of more than £275 £270 £265
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £370 £360
% change year-on-year
+1.35% +2.77%
Number of hourly rates quoted 1135 1071 1478
Average hourly rate £23.00 £29.00 £31.50
Average hourly rate % change year-on-year
-20.68% -7.93%
90% offered a hourly rate of more than £12.50 £12.50 £13.00
10% offered a hourly rate of more than £50.00 £48.84 £45.00
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

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 27 August 2014.

Quantitative Risk Management Daily Rate Histogram in the UK

Quantitative Risk Management
Top 4 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 27 August 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 -7 24 £488 +2.63% 8
London -7 11 £525 +10.52% 6
West Midlands - - - -
Birmingham - - - -

Quantitative Risk Management
Top 30 Related IT Skills

For the 6 months to 27 August 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 52 (78.79%) Finance
2 38 (57.58%) Banking
3 22 (33.33%) Risk Management
4 15 (22.73%) Data Warehouse
5 13 (19.70%) Project Management
5 13 (19.70%) Front Office
5 13 (19.70%) Business Analysis
6 12 (18.18%) Stress Testing
7 10 (15.15%) MS Excel
7 10 (15.15%) Business Objects
8 9 (13.64%) SQL Server
8 9 (13.64%) Microsoft
9 8 (12.12%) SQL
9 8 (12.12%) Retail
9 8 (12.12%) Change Management
9 8 (12.12%) Data Management
10 7 (10.61%) TOGAF
10 7 (10.61%) Investment Banking
10 7 (10.61%) SQL Server Integration Services
10 7 (10.61%) Basel III
10 7 (10.61%) Stakeholder Management
10 7 (10.61%) PRINCE2
10 7 (10.61%) Data Modelling
10 7 (10.61%) FTP
10 7 (10.61%) PMI
10 7 (10.61%) PMI Certification
11 6 (9.09%) Business Intelligence
11 6 (9.09%) Validation
11 6 (9.09%) Data Quality
11 6 (9.09%) Data Reconciliation

Quantitative Risk Management
Top Related IT Skills by Category

For the 6 months to 27 August 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 (1.52%) SAS
Applications
1 10 (15.15%) MS Excel
2 4 (6.06%) MS Visio
3 3 (4.55%) MS Project
3 3 (4.55%) MS Office
4 2 (3.03%) MS PowerPoint
4 2 (3.03%) Spreadsheet
Business Applications
1 1 (1.52%) HFM
Communications & Networking
1 7 (10.61%) FTP
2 1 (1.52%) 4G
Database & Business Intelligence
1 15 (22.73%) Data Warehouse
2 9 (13.64%) SQL Server
3 7 (10.61%) SQL Server Integration Services
4 5 (7.58%) MS Access
5 4 (6.06%) SQL Server Analysis Services
5 4 (6.06%) SQL Server Reporting Services
5 4 (6.06%) Data Mart
6 2 (3.03%) Relational Database
6 2 (3.03%) OLTP
6 2 (3.03%) RDBMS
General
1 52 (78.79%) Finance
2 38 (57.58%) Banking
3 13 (19.70%) Front Office
4 8 (12.12%) Retail
5 7 (10.61%) Investment Banking
6 4 (6.06%) Retail Banking
7 2 (3.03%) Legal
8 1 (1.52%) Financial Institution
8 1 (1.52%) Corporate Banking
Job Titles
1 32 (48.48%) Analyst
2 19 (28.79%) Business Analyst
3 10 (15.15%) Architect
4 9 (13.64%) Project Manager
5 8 (12.12%) Risk Manager
5 8 (12.12%) Data Analyst
6 7 (10.61%) Quality Manager
7 6 (9.09%) Solutions Architect
8 5 (7.58%) Data Modeller
9 3 (4.55%) Quality Analyst
9 3 (4.55%) Project Planner
9 3 (4.55%) Risk Analyst
9 3 (4.55%) Financial Business Analyst
10 2 (3.03%) Developer
10 2 (3.03%) Business Intelligence Architect
10 2 (3.03%) Senior Analyst
10 2 (3.03%) Data Mart Developer
11 1 (1.52%) SAS Analyst
11 1 (1.52%) Test Manager
11 1 (1.52%) Business Systems Analyst
Libraries, Frameworks & Software Standards
1 5 (7.58%) .NET
Miscellaneous
1 7 (10.61%) PMI
2 4 (6.06%) Market Risk
3 2 (3.03%) Swaptions
3 2 (3.03%) Credit Risk
4 1 (1.52%) Management Information System
Processes & Methodologies
1 22 (33.33%) Risk Management
2 13 (19.70%) Project Management
2 13 (19.70%) Business Analysis
3 12 (18.18%) Stress Testing
4 8 (12.12%) Change Management
4 8 (12.12%) Data Management
5 7 (10.61%) TOGAF
5 7 (10.61%) Stakeholder Management
5 7 (10.61%) PRINCE2
5 7 (10.61%) Data Modelling
6 6 (9.09%) Business Intelligence
6 6 (9.09%) Data Analysis
6 6 (9.09%) Validation
6 6 (9.09%) Performance Management
6 6 (9.09%) Data Reconciliation
7 5 (7.58%) Data Migration
7 5 (7.58%) Software Testing
7 5 (7.58%) Migration
8 4 (6.06%) ETL
8 4 (6.06%) Data Mapping
Programming Languages
1 8 (12.12%) SQL
2 5 (7.58%) C#
3 2 (3.03%) Perl
3 2 (3.03%) VBScript
4 1 (1.52%) VB
Qualifications
1 7 (10.61%) PMI Certification
2 5 (7.58%) ACCA
2 5 (7.58%) CIMA
3 4 (6.06%) Degree
4 1 (1.52%) Security Cleared
Quality Assurance & Compliance
1 7 (10.61%) Basel III
2 6 (9.09%) Data Quality
3 1 (1.52%) COREP
3 1 (1.52%) QA
Systems Management
1 1 (1.52%) HP Quality Center
Vendors
1 10 (15.15%) Business Objects
2 9 (13.64%) Microsoft
3 4 (6.06%) SunGard
3 4 (6.06%) Hyperion
4 3 (4.55%) Cognos
4 3 (4.55%) Oracle
5 2 (3.03%) Sybase
5 2 (3.03%) Teradata
6 1 (1.52%) Cognizant
6 1 (1.52%) Calypso
City, London
Fruition IT Resources Limited
Posted: 47 minutes ago
City, London
Annapurna
Rate: £600 - £800 per day
Posted: 1 hour ago
East London
Ventula Consulting Ltd
Rate: From £500 to £650 per day
Posted: 2 hours ago
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £650 - £995 per day
Posted: 7 hours ago
City, London
Aston Carter
Rate: £500 - £650 per day
Posted: 10 hours ago
West Yorkshire
TEKsystems
Rate: £400 per day
Posted: Yesterday
Bromley
Hays IT - Uk Posting account
Rate: £300.00 - £400.00 per annum
Posted: 8 days ago
London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 9 days ago