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 5 May 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
5 May 2015
Same period 2014 Same period 2013
Quantitative Risk Management (QRM)
Rank 588 534 533
Rank change year-on-year
-54 -1
Contract jobs citing Quantitative Risk Management 21 48 20
As % of all contract IT jobs located in the UK 0.038% 0.088% 0.042%
As % of the Processes & Methodologies category 0.049% 0.12% 0.057%
Number of daily rates quoted 21 40 15
Average daily rate
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£550 £525 £525
Average daily rate % change year-on-year
+4.76% -
90% offered a daily rate of more than £423 £448 £460
10% offered a daily rate of more than £625 £650 £715
UK excluding London average daily rate £423 £450 £475
% change year-on-year
-6.11% -5.26%
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
42721 40908 35003
As % of all contract IT jobs located in the UK 76.41% 74.95% 73.58%
Number of daily rates quoted 26685 25646 20857
Average daily rate £413 £400 £410
Average daily rate % change year-on-year
+3.12% -2.43%
90% offered a daily rate of more than £282 £275 £275
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £388 £375 £360
% change year-on-year
+3.33% +4.16%
Number of hourly rates quoted 1245 1181 1060
Average hourly rate £29.00 £29.75 £32.00
Average hourly rate % change year-on-year
-2.52% -7.03%
90% offered a hourly rate of more than £12.10 £12.50 £13.50
10% offered a hourly rate of more than £47.88 £50.00 £54.00
UK excluding London average hourly rate £30.00 £30.33 £32.00
% change year-on-year
-1.07% -5.23%

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 5 May 2015.

Quantitative Risk Management Daily Rate Histogram in the UK

Quantitative Risk Management
Top 8 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 5 May 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 -51 21 £550 +4.76% 3
London -12 14 £563 +7.14% 2
City of London +6 10 £563 +7.14% 2
South West +10 7 £423 -12.20% 1
Wiltshire +12 4 £556 +15.58%
Swindon +10 4 £556 +15.58%
Bristol - 3 £423 - 1
Canary Wharf - 1 £525 -

Quantitative Risk Management
Top 30 Related IT Skills

For the 6 months to 5 May 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 26 (60.47%) Banking
2 20 (46.51%) Finance
3 18 (41.86%) Risk Management
4 15 (34.88%) SQL
4 15 (34.88%) Data Warehouse
5 12 (27.91%) Retail
6 10 (23.26%) MS Excel
7 9 (20.93%) FTP
7 9 (20.93%) Stakeholder Management
8 7 (16.28%) Microsoft
8 7 (16.28%) MS Office
8 7 (16.28%) Data Analysis
9 6 (13.95%) Data Modelling
10 5 (11.63%) Validation
10 5 (11.63%) Migration
10 5 (11.63%) Agile Software Development
10 5 (11.63%) Degree
10 5 (11.63%) Market Risk
11 4 (9.30%) Financial Modelling
11 4 (9.30%) Stress Testing
11 4 (9.30%) Business Analysis
11 4 (9.30%) CFA
11 4 (9.30%) Retail Banking
11 4 (9.30%) Analytical Skills
11 4 (9.30%) MBA
11 4 (9.30%) Front Office
11 4 (9.30%) Regression Testing
11 4 (9.30%) MCT
11 4 (9.30%) SAS
11 4 (9.30%) SQL Server

Quantitative Risk Management
Top Related IT Skills by Category

For the 6 months to 5 May 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 (9.30%) SAS
Applications
1 10 (23.26%) MS Excel
2 7 (16.28%) MS Office
3 2 (4.65%) SPSS
Communications & Networking
1 9 (20.93%) FTP
Database & Business Intelligence
1 15 (34.88%) Data Warehouse
2 4 (9.30%) SQL Server
3 3 (6.98%) MS Access
4 1 (2.33%) SQL Server 2008
Development Applications
1 1 (2.33%) JIRA
General
1 26 (60.47%) Banking
2 20 (46.51%) Finance
3 12 (27.91%) Retail
4 4 (9.30%) Retail Banking
4 4 (9.30%) Front Office
5 3 (6.98%) Financial Institution
6 2 (4.65%) Legal
6 2 (4.65%) Investment Banking
Job Titles
1 28 (65.12%) Analyst
2 10 (23.26%) Business Analyst
2 10 (23.26%) Developer
3 7 (16.28%) Data Analyst
4 6 (13.95%) Report Analyst
4 6 (13.95%) Senior Analyst
5 5 (11.63%) SQL Developer
6 3 (6.98%) Consultant
6 3 (6.98%) Senior Data Analyst
6 3 (6.98%) Risk Analyst
6 3 (6.98%) Business Data Analyst
6 3 (6.98%) Testing Analyst
6 3 (6.98%) Senior Business Analyst
7 2 (4.65%) Senior Data Modeller
7 2 (4.65%) Data Consultant
7 2 (4.65%) Banking Business Analyst
7 2 (4.65%) Senior Risk Analyst
7 2 (4.65%) Risk Manager
7 2 (4.65%) Data Modeller
7 2 (4.65%) Quantitative Analyst
Miscellaneous
1 5 (11.63%) Market Risk
2 4 (9.30%) Analytical Skills
3 3 (6.98%) Derivative
3 3 (6.98%) Fixed Income
3 3 (6.98%) Credit Risk
4 1 (2.33%) Economics
4 1 (2.33%) PMI
4 1 (2.33%) Management Information System
4 1 (2.33%) Statistics
4 1 (2.33%) Mathematics
Operating Systems
1 1 (2.33%) UNIX
Processes & Methodologies
1 18 (41.86%) Risk Management
2 9 (20.93%) Stakeholder Management
3 7 (16.28%) Data Analysis
4 6 (13.95%) Data Modelling
5 5 (11.63%) Agile Software Development
5 5 (11.63%) Validation
5 5 (11.63%) Migration
6 4 (9.30%) Stress Testing
6 4 (9.30%) Business Analysis
6 4 (9.30%) Financial Modelling
6 4 (9.30%) Regression Testing
7 3 (6.98%) ETL
7 3 (6.98%) Project Management
8 2 (4.65%) Statistical Analysis
8 2 (4.65%) Data Migration
8 2 (4.65%) Waterfall
9 1 (2.33%) Change Control
9 1 (2.33%) Test Strategy
9 1 (2.33%) Data Analytics
9 1 (2.33%) Analytics
Programming Languages
1 15 (34.88%) SQL
2 2 (4.65%) T-SQL
2 2 (4.65%) VBA
Qualifications
1 5 (11.63%) Degree
2 4 (9.30%) MCT
2 4 (9.30%) MBA
2 4 (9.30%) CFA
3 1 (2.33%) PMI Certification
Quality Assurance & Compliance
1 4 (9.30%) Sarbanes-Oxley
2 3 (6.98%) QA
3 2 (4.65%) Data Quality
3 2 (4.65%) FINREP
4 1 (2.33%) COREP
Systems Management
1 3 (6.98%) HP Quality Center
Vendors
1 7 (16.28%) Microsoft
2 3 (6.98%) Business Objects
3 1 (2.33%) Oracle
3 1 (2.33%) Informatica
Bristol
Orgtel
Rate: £400 - £445 per day + competitive
Posted: 8 days ago
City of London
Hays IT - Uk Posting account
Rate: £500 - £550 per day
Posted: 15 days ago
City of London
Real Staffing
Rate: £550 - £650 per day + competitive
Posted: 19 days ago