Risk Manager Contracts

Risk Manager
UK

The median Risk Manager daily rate in the UK is £600 according to job vacancies posted during the 6 months to 27 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 543 559 718
Rank change year-on-year +16 +159 -113
Contract jobs requiring a Risk Manager 55 160 131
As % of all contract jobs advertised in the UK 0.13% 0.27% 0.15%
As % of the Job Titles category 0.14% 0.28% 0.15%
Number of daily rates quoted 34 119 89
10th Percentile £401 £466 £479
25th Percentile £503 £553 £530
Median daily rate (50th Percentile) £600 £675 £625
Median % change year-on-year -11.11% +8.00% +14.68%
75th Percentile £734 £950 £750
90th Percentile £861 £1,000 £804
UK excluding London median daily rate £619 £575 £550
% change year-on-year +7.61% +4.55% +22.55%
Number of hourly rates quoted 3 1 0
10th Percentile £46.37 - -
25th Percentile £46.56 - -
Median hourly rate £47.50 £70.00 -
Median % change year-on-year -32.14% - -
75th Percentile £59.38 - -
90th Percentile £65.75 - -
UK excluding London median hourly rate £58.44 - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,172 56,583 84,829
% of contract IT jobs with a recognized job title 92.78% 94.61% 95.49%
Number of daily rates quoted 26,161 39,538 59,512
10th Percentile £275 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £731
UK excluding London median daily rate £490 £500 £475
% change year-on-year -1.93% +5.26% +11.76%
Number of hourly rates quoted 2,642 1,585 2,099
10th Percentile £12.86 £14.27 £12.50
25th Percentile £16.30 £19.50 £15.50
Median hourly rate £35.83 £45.00 £23.00
Median % change year-on-year -20.38% +95.65% -
75th Percentile £60.00 £65.75 £48.75
90th Percentile £72.50 £76.00 £63.00
UK excluding London median hourly rate £37.50 £42.50 £19.50
% change year-on-year -11.76% +117.95% +2.55%

Risk Manager
Job Vacancy Trend

Job postings that featured Risk Manager in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Risk Manager in the UK

Risk Manager
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Risk Manager.

Daily rate trend for Risk Manager in the UK

Risk Manager
Daily Rate Histogram

Daily rate distribution for jobs citing Risk Manager over the 6 months to 27 April 2024.

Daily rate histogram for Risk Manager in the UK

Risk Manager
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Risk Manager.

Hourly rate trend for Risk Manager in the UK

Risk Manager
Hourly Rate Histogram

Hourly rate distribution of jobs citing Risk Manager over the 6 months to 27 April 2024.

Hourly rate histogram for Risk Manager in the UK

Risk Manager
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Manager within the UK over the 6 months to 27 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +31 48 £600 -17.24% 67
London +20 27 £600 -20.00% 43
UK excluding London +50 23 £619 +7.61% 23
Work from Home +104 19 £612 +1.92% 23
South East +30 8 £638 -20.31% 3
Midlands +27 5 £774 +40.73% 11
South West +12 5 £450 -21.74% 4
West Midlands +33 4 £900 +63.64% 6
Scotland +25 3 - -
North of England +29 2 £550 - 4
North West +17 2 £550 +17.65% 2

Risk Manager Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 27 April 2024, Risk Manager contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Risk Manager in the job title.

1 31 (56.36%) Risk Management
2 24 (43.64%) Finance
3 16 (29.09%) Stakeholder Management
3 16 (29.09%) Project Management
4 15 (27.27%) Social Skills
5 11 (20.00%) Credit Risk
6 10 (18.18%) Asset Management
7 9 (16.36%) Risk Assessment
7 9 (16.36%) Analytics
8 8 (14.55%) Waterfall
8 8 (14.55%) Banking
8 8 (14.55%) GRC
9 7 (12.73%) Agile
10 6 (10.91%) Resource Management
10 6 (10.91%) Cybersecurity
10 6 (10.91%) Credit Risk Analytics
10 6 (10.91%) Risk Analytics
11 5 (9.09%) Project Delivery
11 5 (9.09%) NIST
11 5 (9.09%) Problem-Solving
11 5 (9.09%) Security Cleared
12 4 (7.27%) Data Analysis
12 4 (7.27%) Information Security
12 4 (7.27%) Management Information System
12 4 (7.27%) Sarbanes-Oxley
12 4 (7.27%) COBIT
12 4 (7.27%) Market Risk
12 4 (7.27%) Business Strategy
13 3 (5.45%) Documentation Skills
13 3 (5.45%) Decision-Making

Risk Manager Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (3.64%) SharePoint
2 1 (1.82%) SAS
Applications
1 3 (5.45%) Microsoft Excel
2 2 (3.64%) Microsoft PowerPoint
3 1 (1.82%) Microsoft Project
Business Applications
1 2 (3.64%) Primavera
1 2 (3.64%) SAP GRC
2 1 (1.82%) Oracle ERP
Cloud Services
1 1 (1.82%) Asana
1 1 (1.82%) Cloud Computing
1 1 (1.82%) SaaS
1 1 (1.82%) Smartsheet
Development Applications
1 2 (3.64%) JIRA
General
1 24 (43.64%) Finance
2 15 (27.27%) Social Skills
3 8 (14.55%) Banking
4 3 (5.45%) Documentation Skills
5 2 (3.64%) Analytical Skills
5 2 (3.64%) Front Office
5 2 (3.64%) Investment Banking
5 2 (3.64%) Manufacturing
5 2 (3.64%) Organisational Skills
5 2 (3.64%) Pharmaceutical
5 2 (3.64%) Public Sector
5 2 (3.64%) Retail
5 2 (3.64%) Telecoms
6 1 (1.82%) Financial Institution
6 1 (1.82%) Inclusion and Diversity
6 1 (1.82%) Influencing Skills
6 1 (1.82%) Presentation Skills
Libraries, Frameworks & Software Standards
1 1 (1.82%) EDI
1 1 (1.82%) Oracle Fusion
1 1 (1.82%) SailPoint
Miscellaneous
1 11 (20.00%) Credit Risk
2 4 (7.27%) Management Information System
2 4 (7.27%) Market Risk
3 2 (3.64%) Self-Motivation
4 1 (1.82%) NHS
4 1 (1.82%) Onboarding
4 1 (1.82%) Product Ownership
Processes & Methodologies
1 31 (56.36%) Risk Management
2 16 (29.09%) Project Management
2 16 (29.09%) Stakeholder Management
3 10 (18.18%) Asset Management
4 9 (16.36%) Analytics
4 9 (16.36%) Risk Assessment
5 8 (14.55%) Waterfall
6 7 (12.73%) Agile
7 6 (10.91%) Credit Risk Analytics
7 6 (10.91%) Cybersecurity
7 6 (10.91%) Resource Management
7 6 (10.91%) Risk Analytics
8 5 (9.09%) Problem-Solving
8 5 (9.09%) Project Delivery
9 4 (7.27%) Business Strategy
9 4 (7.27%) Data Analysis
9 4 (7.27%) Information Security
10 3 (5.45%) Change Management
10 3 (5.45%) PRINCE2
10 3 (5.45%) Validation
Qualifications
1 5 (9.09%) Security Cleared
2 3 (5.45%) SC Cleared
3 2 (3.64%) CISSP
3 2 (3.64%) CRISC
4 1 (1.82%) CISA
4 1 (1.82%) CISM
4 1 (1.82%) DV Cleared
4 1 (1.82%) FFIEC
Quality Assurance & Compliance
1 8 (14.55%) GRC
2 5 (9.09%) NIST
3 4 (7.27%) COBIT
3 4 (7.27%) Sarbanes-Oxley
4 3 (5.45%) Data Quality
4 3 (5.45%) ISO/IEC 27001
4 3 (5.45%) PMO
5 1 (1.82%) COSO
5 1 (1.82%) IFRS
5 1 (1.82%) IFRS 9
5 1 (1.82%) ISO 31000
5 1 (1.82%) ISO/IEC 27005
5 1 (1.82%) NCSC
Vendors
1 2 (3.64%) SAP
2 1 (1.82%) Atlassian
2 1 (1.82%) Cadence
2 1 (1.82%) Microsoft
2 1 (1.82%) Oracle
2 1 (1.82%) Planview