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 22 October 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
22 Oct 2014
Same period 2013 Same period 2012
Quantitative Risk Management (QRM)
Rank 593 544 567
Rank change year-on-year
-49 +23
Contract jobs citing Quantitative Risk Management 22 25 20
As % of all contract IT jobs located in the UK 0.038% 0.048% 0.036%
As % of the Processes & Methodologies category 0.052% 0.064% 0.050%
Number of daily rates quoted 19 21 17
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£526 £525 £600
Average daily rate % change year-on-year
+0.09% -12.50%
90% offered a daily rate of more than £370 £475 £550
10% offered a daily rate of more than £700 £650 £635
UK excluding London average daily rate £488 £513 -
% change year-on-year
-4.87% -
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
42297 38782 39937
As % of all contract IT jobs located in the UK 73.64% 74.10% 72.00%
Number of daily rates quoted 27156 24058 23264
Average daily rate £413 £400 £400
Average daily rate % change year-on-year
+3.12% -
90% offered a daily rate of more than £275 £275 £270
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 1173 1147 1484
Average hourly rate £24.00 £26.00 £29.00
Average hourly rate % change year-on-year
-7.69% -10.34%
90% offered a hourly rate of more than £12.00 £12.50 £12.50
10% offered a hourly rate of more than £50.00 £45.00 £46.00
UK excluding London average hourly rate £25.00 £28.50 £27.50
% change year-on-year
-12.28% +3.63%

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 22 October 2014.

Quantitative Risk Management Daily Rate Histogram in the UK

Quantitative Risk Management
Top 7 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 22 October 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 -29 22 £526 +0.09% 6
London +15 14 £550 +2.32% 6
City of London +18 5 £550 +10.00% 4
West Midlands - - - -
Birmingham - - - -
Glasgow - - - - 2
Scotland - - - - 2

Quantitative Risk Management
Top 30 Related IT Skills

For the 6 months to 22 October 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 35 (77.78%) Finance
2 24 (53.33%) Banking
3 16 (35.56%) Risk Management
4 13 (28.89%) Data Warehouse
5 11 (24.44%) Oracle
6 10 (22.22%) Business Objects
6 10 (22.22%) FTP
7 9 (20.00%) SunGard
7 9 (20.00%) Data Modelling
8 8 (17.78%) Stakeholder Management
8 8 (17.78%) Retail
8 8 (17.78%) Data Management
8 8 (17.78%) Business Analysis
8 8 (17.78%) Degree
9 7 (15.56%) Stress Testing
9 7 (15.56%) Data Quality
9 7 (15.56%) Business Transformation
9 7 (15.56%) Calypso
9 7 (15.56%) SQL Server
9 7 (15.56%) SQL
10 6 (13.33%) TOGAF
10 6 (13.33%) Data Analysis
10 6 (13.33%) Basel III
10 6 (13.33%) Data Architecture
10 6 (13.33%) Dodd-Frank
11 5 (11.11%) Data Migration
11 5 (11.11%) Data Mapping
11 5 (11.11%) SQL Server Integration Services
11 5 (11.11%) CIMA
11 5 (11.11%) Migration

Quantitative Risk Management
Top Related IT Skills by Category

For the 6 months to 22 October 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 (2.22%) SAS
Applications
1 5 (11.11%) MS Excel
2 3 (6.67%) Spreadsheet
3 2 (4.44%) MS Visio
3 2 (4.44%) MS Office
4 1 (2.22%) MS PowerPoint
Business Applications
1 2 (4.44%) HFM
Communications & Networking
1 10 (22.22%) FTP
2 2 (4.44%) 4G
Database & Business Intelligence
1 13 (28.89%) Data Warehouse
2 7 (15.56%) SQL Server
3 5 (11.11%) SQL Server Integration Services
3 5 (11.11%) MS Access
4 4 (8.89%) Data Mart
5 2 (4.44%) OLTP
5 2 (4.44%) RDBMS
5 2 (4.44%) SQL Server Reporting Services
5 2 (4.44%) SQL Server Analysis Services
5 2 (4.44%) Relational Database
6 1 (2.22%) Oracle Database
6 1 (2.22%) Oracle Reports
General
1 35 (77.78%) Finance
2 24 (53.33%) Banking
3 8 (17.78%) Retail
4 4 (8.89%) Retail Banking
5 3 (6.67%) Investment Banking
6 1 (2.22%) Corporate Banking
6 1 (2.22%) Financial Institution
6 1 (2.22%) Front Office
6 1 (2.22%) Legal
Job Titles
1 24 (53.33%) Analyst
2 9 (20.00%) Business Analyst
2 9 (20.00%) Architect
3 8 (17.78%) Data Analyst
4 7 (15.56%) Solutions Architect
5 5 (11.11%) Data Modeller
6 4 (8.89%) Senior Analyst
7 2 (4.44%) Developer
7 2 (4.44%) Data Mart Developer
7 2 (4.44%) Business Intelligence Architect
8 1 (2.22%) Report Analyst
8 1 (2.22%) Senior SAS Analyst
8 1 (2.22%) Financial Business Analyst
8 1 (2.22%) SAS Analyst
8 1 (2.22%) Risk Manager
8 1 (2.22%) Business Systems Analyst
8 1 (2.22%) Systems Analyst
8 1 (2.22%) Project Manager
Libraries, Frameworks & Software Standards
1 5 (11.11%) .NET
Miscellaneous
1 4 (8.89%) Market Risk
2 3 (6.67%) Analytical Skills
3 2 (4.44%) Credit Risk
4 1 (2.22%) Swaptions
4 1 (2.22%) Management Information System
Processes & Methodologies
1 16 (35.56%) Risk Management
2 9 (20.00%) Data Modelling
3 8 (17.78%) Stakeholder Management
3 8 (17.78%) Data Management
3 8 (17.78%) Business Analysis
4 7 (15.56%) Stress Testing
4 7 (15.56%) Business Transformation
5 6 (13.33%) TOGAF
5 6 (13.33%) Data Analysis
5 6 (13.33%) Data Architecture
6 5 (11.11%) Data Migration
6 5 (11.11%) Data Mapping
6 5 (11.11%) Migration
6 5 (11.11%) Project Management
7 4 (8.89%) Business Intelligence
7 4 (8.89%) UML
7 4 (8.89%) Validation
7 4 (8.89%) Agile Software Development
7 4 (8.89%) Business Development
7 4 (8.89%) Capacity Planning
Programming Languages
1 7 (15.56%) SQL
2 5 (11.11%) C#
3 2 (4.44%) Perl
3 2 (4.44%) VBScript
4 1 (2.22%) VB
Qualifications
1 8 (17.78%) Degree
2 5 (11.11%) CIMA
2 5 (11.11%) ACCA
Quality Assurance & Compliance
1 7 (15.56%) Data Quality
2 6 (13.33%) Basel III
2 6 (13.33%) Dodd-Frank
3 1 (2.22%) QA
Systems Management
1 1 (2.22%) HP Quality Center
Vendors
1 11 (24.44%) Oracle
2 10 (22.22%) Business Objects
3 9 (20.00%) SunGard
4 7 (15.56%) Calypso
5 5 (11.11%) Hyperion
5 5 (11.11%) Microsoft
6 3 (6.67%) Cognos
7 2 (4.44%) Sybase
7 2 (4.44%) Teradata
8 1 (2.22%) Cognizant
London
Real Staffing
Rate: £575 - £625 per day + competitive
Posted: Yesterday
City, London
Rullion IT Plus
Posted: 2 days ago
City of London
Real Staffing
Rate: £500 - £600 per day
Posted: 13 days ago
City of London
Real Staffing
Rate: £550 - £625 per day + competitive
Posted: 13 days ago