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 24 April 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
24 Apr 2014
Same period 2013 Same period 2012
Quantitative Risk Management (QRM)
Rank 544 516 561
Rank change year-on-year
-28 +45
Contract jobs citing Quantitative Risk Management 43 22 19
As % of all contract IT jobs located in the UK 0.079% 0.046% 0.031%
As % of the Processes & Methodologies category 0.11% 0.064% 0.045%
Number of daily rates quoted 36 17 16
Average daily rate £525 £525 £488
Average daily rate % change year-on-year
- +7.69%
90% offered a daily rate of more than £450 £450 £385
10% offered a daily rate of more than £650 £725 £550
UK excluding London average daily rate £475 £475 £463
% change year-on-year
- +2.70%
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
40055 34550 41999
As % of all contract IT jobs located in the UK 73.38% 72.44% 69.47%
Number of daily rates quoted 24990 20571 23942
Average daily rate £400 £408 £410
Average daily rate % change year-on-year
-1.84% -0.60%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £563 £575 £588
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 1138 1039 1411
Average hourly rate £30.00 £32.00 £27.00
Average hourly rate % change year-on-year
-6.25% +18.51%
90% offered a hourly rate of more than £12.50 £13.50 £13.00
10% offered a hourly rate of more than £52.50 £54.00 £45.00
UK excluding London average hourly rate £31.50 £32.00 £26.50
% change year-on-year
-1.56% +20.75%

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 24 April 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 24 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
England -25 43 £525 - 1
London +10 37 £525 -12.50% 1
City of London +6 12 £525 +5.00%
West Midlands - 3 £219 -
Coventry - 3 £219 -

Quantitative Risk Management
Top 30 Related IT Skills

For the 6 months to 24 April 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 38 (71.70%) Finance
2 34 (64.15%) Banking
3 14 (26.42%) Front Office
3 14 (26.42%) Risk Management
4 11 (20.75%) Investment Banking
5 10 (18.87%) Project Management
5 10 (18.87%) Change Management
5 10 (18.87%) Stress Testing
6 9 (16.98%) MS Excel
6 9 (16.98%) FTP
7 8 (15.09%) Microsoft
7 8 (15.09%) PMI
7 8 (15.09%) PMI Certification
7 8 (15.09%) PRINCE2
7 8 (15.09%) Validation
8 7 (13.21%) TOGAF
8 7 (13.21%) Business Analysis
8 7 (13.21%) SunGard
9 6 (11.32%) Performance Management
10 5 (9.43%) ETL
10 5 (9.43%) Software Testing
11 4 (7.55%) Data Analysis
11 4 (7.55%) SQL
11 4 (7.55%) Data Validation
12 3 (5.66%) Market Risk
12 3 (5.66%) Financial Modelling
12 3 (5.66%) Data Reconciliation
12 3 (5.66%) MS Project
12 3 (5.66%) Business Intelligence
12 3 (5.66%) MS Visio

Quantitative Risk Management
Top Related IT Skills by Category

For the 6 months to 24 April 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 9 (16.98%) MS Excel
2 3 (5.66%) MS Visio
2 3 (5.66%) MS Project
3 2 (3.77%) MS Office
3 2 (3.77%) MS PowerPoint
Communications & Networking
1 9 (16.98%) FTP
Database & Business Intelligence
1 2 (3.77%) Data Warehouse
1 2 (3.77%) SQL Server Reporting Services
1 2 (3.77%) SQL Server Integration Services
1 2 (3.77%) SQL Server Analysis Services
1 2 (3.77%) SQL Server
2 1 (1.89%) MS Access
General
1 38 (71.70%) Finance
2 34 (64.15%) Banking
3 14 (26.42%) Front Office
4 11 (20.75%) Investment Banking
5 3 (5.66%) Retail
6 1 (1.89%) Legal
6 1 (1.89%) Retail Banking
Job Titles
1 21 (39.62%) Analyst
2 20 (37.74%) Business Analyst
3 12 (22.64%) Project Manager
4 9 (16.98%) Architect
5 8 (15.09%) Quality Manager
5 8 (15.09%) Risk Manager
6 6 (11.32%) Solutions Architect
7 3 (5.66%) Quality Analyst
7 3 (5.66%) Risk Analyst
7 3 (5.66%) Project Planner
7 3 (5.66%) Test Manager
8 2 (3.77%) Technical Architect
8 2 (3.77%) Data Architect
8 2 (3.77%) Data Analyst
8 2 (3.77%) Financial Business Analyst
8 2 (3.77%) Governance Manager
9 1 (1.89%) Banking Business Analyst
9 1 (1.89%) Technical Solutions Architect
9 1 (1.89%) Information Management Consultant
9 1 (1.89%) Consultant
Miscellaneous
1 8 (15.09%) PMI
2 3 (5.66%) Management Information System
2 3 (5.66%) Market Risk
3 2 (3.77%) Economics
3 2 (3.77%) Mathematics
4 1 (1.89%) Swaptions
4 1 (1.89%) Data Integration
Processes & Methodologies
1 14 (26.42%) Risk Management
2 10 (18.87%) Project Management
2 10 (18.87%) Change Management
2 10 (18.87%) Stress Testing
3 8 (15.09%) Validation
3 8 (15.09%) PRINCE2
4 7 (13.21%) TOGAF
4 7 (13.21%) Business Analysis
5 6 (11.32%) Performance Management
6 5 (9.43%) Software Testing
6 5 (9.43%) ETL
7 4 (7.55%) Data Validation
7 4 (7.55%) Data Analysis
8 3 (5.66%) Data Reconciliation
8 3 (5.66%) Financial Modelling
8 3 (5.66%) Business Intelligence
9 2 (3.77%) Stakeholder Management
9 2 (3.77%) Data Architecture
9 2 (3.77%) Test Management
9 2 (3.77%) Release Management
Programming Languages
1 4 (7.55%) SQL
Qualifications
1 8 (15.09%) PMI Certification
2 3 (5.66%) Degree
3 1 (1.89%) Security Cleared
Quality Assurance & Compliance
1 2 (3.77%) Basel III
1 2 (3.77%) COREP
2 1 (1.89%) Sarbanes-Oxley
2 1 (1.89%) QA
Vendors
1 8 (15.09%) Microsoft
2 7 (13.21%) SunGard
London
Reed Technology
Rate: £500 - £650 per day
Posted: 7 hours ago
City of London
Hays IT - Uk Posting account
Rate: £450.00 - £500.00 per day
Posted: 21 days ago