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 February 2015 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 Feb 2015
Same period 2014 Same period 2013
Quantitative Risk Management (QRM)
Rank 552 550 506
Rank change year-on-year
-2 -44
Contract jobs citing Quantitative Risk Management 24 16 31
As % of all contract IT jobs located in the UK 0.046% 0.032% 0.069%
As % of the Processes & Methodologies category 0.060% 0.043% 0.095%
Number of daily rates quoted 23 15 18
Average daily rate
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£575 £538 £451
Average daily rate % change year-on-year
+6.97% +19.31%
90% offered a daily rate of more than £475 £495 £393
10% offered a daily rate of more than £650 £620 £733
UK excluding London average daily rate £531 £538 £425
% change year-on-year
-1.16% +26.47%
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
39834 37606 32717
As % of all contract IT jobs located in the UK 75.91% 74.82% 72.89%
Number of daily rates quoted 25112 22628 19457
Average daily rate £420 £400 £400
Average daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £280 £275 £275
10% offered a daily rate of more than £575 £570 £575
UK excluding London average daily rate £400 £375 £363
% change year-on-year
+6.66% +3.44%
Number of hourly rates quoted 1043 1134 1178
Average hourly rate £27.50 £27.50 £30.00
Average hourly rate % change year-on-year
- -8.33%
90% offered a hourly rate of more than £12.10 £12.31 £12.00
10% offered a hourly rate of more than £49.50 £50.00 £51.00
UK excluding London average hourly rate £30.00 £27.50 £31.50
% change year-on-year
+9.09% -12.69%

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 February 2015.

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 27 February 2015. 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 -10 24 £575 +6.97% 1
London -12 18 £600 +11.62% 1

Quantitative Risk Management
Top 30 Related IT Skills

For the 6 months to 27 February 2015, 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 29 (65.91%) Banking
2 25 (56.82%) Finance
3 17 (38.64%) FTP
4 16 (36.36%) Risk Management
5 14 (31.82%) Retail
6 13 (29.55%) Degree
7 9 (20.45%) Microsoft
7 9 (20.45%) Oracle
7 9 (20.45%) MS Office
7 9 (20.45%) MS Excel
8 8 (18.18%) Stakeholder Management
9 7 (15.91%) MBA
9 7 (15.91%) SQL
9 7 (15.91%) CFA
10 6 (13.64%) Market Risk
10 6 (13.64%) Dodd-Frank
10 6 (13.64%) Business Transformation
10 6 (13.64%) MCT
10 6 (13.64%) Calypso
10 6 (13.64%) SunGard
10 6 (13.64%) Data Warehouse
10 6 (13.64%) Data Modelling
10 6 (13.64%) Business Analysis
11 5 (11.36%) TOGAF
11 5 (11.36%) Agile Software Development
11 5 (11.36%) Validation
11 5 (11.36%) Stress Testing
12 4 (9.09%) Financial Modelling
12 4 (9.09%) Data Architecture
12 4 (9.09%) Analytical Skills

Quantitative Risk Management
Top Related IT Skills by Category

For the 6 months to 27 February 2015, 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 4 (9.09%) SAS
Applications
1 9 (20.45%) MS Office
1 9 (20.45%) MS Excel
2 2 (4.55%) SPSS
3 1 (2.27%) Spreadsheet
Business Applications
1 1 (2.27%) HFM
Communications & Networking
1 17 (38.64%) FTP
2 1 (2.27%) 4G
Database & Business Intelligence
1 6 (13.64%) Data Warehouse
2 1 (2.27%) Oracle Database
2 1 (2.27%) Oracle Reports
General
1 29 (65.91%) Banking
2 25 (56.82%) Finance
3 14 (31.82%) Retail
4 4 (9.09%) Front Office
5 3 (6.82%) Legal
5 3 (6.82%) Investment Banking
5 3 (6.82%) Retail Banking
Job Titles
1 27 (61.36%) Analyst
2 9 (20.45%) Business Analyst
3 6 (13.64%) Architect
3 6 (13.64%) Solutions Architect
3 6 (13.64%) Report Analyst
3 6 (13.64%) Senior Analyst
4 4 (9.09%) Developer
5 3 (6.82%) Data Analyst
5 3 (6.82%) Consultant
5 3 (6.82%) Banking Business Analyst
6 2 (4.55%) Senior Data Analyst
6 2 (4.55%) Risk Analyst
6 2 (4.55%) Senior Data Modeller
6 2 (4.55%) Data Consultant
6 2 (4.55%) Senior Business Analyst
6 2 (4.55%) Data Modeller
6 2 (4.55%) Test Analyst
6 2 (4.55%) Senior Consultant
7 1 (2.27%) Test Manager
7 1 (2.27%) Management Consultant
Miscellaneous
1 6 (13.64%) Market Risk
2 4 (9.09%) Analytical Skills
3 3 (6.82%) Credit Risk
3 3 (6.82%) Fixed Income
3 3 (6.82%) Derivative
4 2 (4.55%) Management Information System
5 1 (2.27%) Statistics
5 1 (2.27%) Mathematics
5 1 (2.27%) Economics
Processes & Methodologies
1 16 (36.36%) Risk Management
2 8 (18.18%) Stakeholder Management
3 6 (13.64%) Business Analysis
3 6 (13.64%) Data Modelling
3 6 (13.64%) Business Transformation
4 5 (11.36%) Stress Testing
4 5 (11.36%) Validation
4 5 (11.36%) Agile Software Development
4 5 (11.36%) TOGAF
5 4 (9.09%) Data Analysis
5 4 (9.09%) Financial Modelling
5 4 (9.09%) Data Architecture
6 3 (6.82%) Capacity Planning
6 3 (6.82%) Business Development
6 3 (6.82%) UML
6 3 (6.82%) Regression Testing
6 3 (6.82%) Project Management
7 2 (4.55%) ETL
7 2 (4.55%) Migration
7 2 (4.55%) Statistical Analysis
Programming Languages
1 7 (15.91%) SQL
Qualifications
1 13 (29.55%) Degree
2 7 (15.91%) MBA
2 7 (15.91%) CFA
3 6 (13.64%) MCT
Quality Assurance & Compliance
1 6 (13.64%) Dodd-Frank
2 3 (6.82%) Data Quality
3 1 (2.27%) COREP
3 1 (2.27%) FINREP
3 1 (2.27%) Sarbanes-Oxley
3 1 (2.27%) Basel III
Systems Management
1 1 (2.27%) HP Quality Center
Vendors
1 9 (20.45%) Microsoft
1 9 (20.45%) Oracle
2 6 (13.64%) Calypso
2 6 (13.64%) SunGard
3 2 (4.55%) Business Objects
4 1 (2.27%) Hyperion
City, London
Sanderson
Rate: £500 - £700 per day
Posted: 6 days ago