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 12 May 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
12 May 2024
Same period 2023 Same period 2022
Rank 537 529 737
Rank change year-on-year -8 +208 -128
Contract jobs requiring a Risk Manager 49 169 129
As % of all contract jobs advertised in the UK 0.11% 0.29% 0.15%
As % of the Job Titles category 0.12% 0.31% 0.15%
Number of daily rates quoted 31 125 87
10th Percentile £396 £467 £493
25th Percentile £475 £561 £525
Median daily rate (50th Percentile) £600 £700 £625
Median % change year-on-year -14.29% +12.00% +19.05%
75th Percentile £731 £950 £750
90th Percentile £800 £1,000 £808
UK excluding London median daily rate £600 £600 £550
% change year-on-year - +9.09% +25.17%
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 39,893 55,060 83,598
% of contract IT jobs with a recognized job title 92.76% 94.65% 95.41%
Number of daily rates quoted 25,957 38,445 58,715
10th Percentile £280 £313 £313
25th Percentile £410 £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 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,673 1,534 2,047
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.89
Median hourly rate £37.50 £45.00 £23.91
Median % change year-on-year -16.67% +88.21% +5.89%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.90 £76.00 £65.00
UK excluding London median hourly rate £40.00 £42.08 £20.00
% change year-on-year -4.94% +110.39% +2.56%

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 12 May 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 12 May 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 12 May 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 +1 42 £600 -16.46% 86
UK excluding London +41 22 £600 - 37
London +5 22 £550 -26.67% 49
Work from Home +85 18 £600 +2.13% 31
South East +24 9 £619 -22.66% 8
South West -3 5 £450 -35.71% 4
Scotland +33 3 £600 +4.35% 4
Midlands +32 3 £900 +63.64% 8
West Midlands +19 3 £900 +63.64% 3
North West +23 2 £550 +17.65% 2
North of England +20 2 £550 - 9

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

For the 6 months to 12 May 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 29 (59.18%) Risk Management
2 20 (40.82%) Finance
3 14 (28.57%) Social Skills
4 13 (26.53%) Stakeholder Management
5 11 (22.45%) Project Management
6 9 (18.37%) Risk Assessment
6 9 (18.37%) GRC
7 7 (14.29%) Asset Management
7 7 (14.29%) Banking
7 7 (14.29%) Credit Risk
8 6 (12.24%) Analytics
8 6 (12.24%) Agile
8 6 (12.24%) NIST
9 5 (10.20%) Problem-Solving
9 5 (10.20%) Information Security
9 5 (10.20%) Cybersecurity
9 5 (10.20%) Security Cleared
10 4 (8.16%) Risk Analysis
10 4 (8.16%) Waterfall
10 4 (8.16%) Management Information System
10 4 (8.16%) Sarbanes-Oxley
10 4 (8.16%) Project Delivery
10 4 (8.16%) Decision-Making
10 4 (8.16%) Business Strategy
11 3 (6.12%) Risk Analytics
11 3 (6.12%) Credit Risk Analytics
11 3 (6.12%) Organisational Skills
11 3 (6.12%) Documentation Skills
11 3 (6.12%) Primavera
11 3 (6.12%) PRINCE2

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 (4.08%) SharePoint
2 1 (2.04%) SAS
Applications
1 3 (6.12%) Microsoft Excel
2 2 (4.08%) Microsoft PowerPoint
3 1 (2.04%) Microsoft Project
Business Applications
1 3 (6.12%) Primavera
2 2 (4.08%) SAP GRC
3 1 (2.04%) Oracle ERP
Cloud Services
1 1 (2.04%) Asana
1 1 (2.04%) Cloud Computing
1 1 (2.04%) SaaS
1 1 (2.04%) Smartsheet
Development Applications
1 2 (4.08%) JIRA
General
1 20 (40.82%) Finance
2 14 (28.57%) Social Skills
3 7 (14.29%) Banking
4 3 (6.12%) Documentation Skills
4 3 (6.12%) Organisational Skills
5 2 (4.08%) Analytical Skills
5 2 (4.08%) Front Office
5 2 (4.08%) Investment Banking
5 2 (4.08%) Pharmaceutical
5 2 (4.08%) Presentation Skills
5 2 (4.08%) Public Sector
5 2 (4.08%) Retail
5 2 (4.08%) Telecoms
6 1 (2.04%) Financial Institution
6 1 (2.04%) Inclusion and Diversity
6 1 (2.04%) Influencing Skills
6 1 (2.04%) Manufacturing
Libraries, Frameworks & Software Standards
1 1 (2.04%) EDI
1 1 (2.04%) Oracle Fusion
1 1 (2.04%) SailPoint
Miscellaneous
1 7 (14.29%) Credit Risk
2 4 (8.16%) Management Information System
3 3 (6.12%) Market Risk
4 2 (4.08%) Self-Motivation
5 1 (2.04%) NHS
5 1 (2.04%) Onboarding
5 1 (2.04%) Product Ownership
5 1 (2.04%) Renewable Energy
Processes & Methodologies
1 29 (59.18%) Risk Management
2 13 (26.53%) Stakeholder Management
3 11 (22.45%) Project Management
4 9 (18.37%) Risk Assessment
5 7 (14.29%) Asset Management
6 6 (12.24%) Agile
6 6 (12.24%) Analytics
7 5 (10.20%) Cybersecurity
7 5 (10.20%) Information Security
7 5 (10.20%) Problem-Solving
8 4 (8.16%) Business Strategy
8 4 (8.16%) Decision-Making
8 4 (8.16%) Project Delivery
8 4 (8.16%) Risk Analysis
8 4 (8.16%) Waterfall
9 3 (6.12%) Continuous Improvement
9 3 (6.12%) Line Management
9 3 (6.12%) Risk Analytics
9 3 (6.12%) Stakeholder Engagement
9 3 (6.12%) Time Management
Qualifications
1 5 (10.20%) Security Cleared
2 3 (6.12%) CRISC
2 3 (6.12%) SC Cleared
3 2 (4.08%) CISM
3 2 (4.08%) CISSP
4 1 (2.04%) CISA
4 1 (2.04%) DV Cleared
4 1 (2.04%) FFIEC
Quality Assurance & Compliance
1 9 (18.37%) GRC
2 6 (12.24%) NIST
3 4 (8.16%) Sarbanes-Oxley
4 3 (6.12%) Data Quality
4 3 (6.12%) ISO/IEC 27001
4 3 (6.12%) PMO
5 2 (4.08%) COBIT
6 1 (2.04%) COSO
6 1 (2.04%) IFRS
6 1 (2.04%) IFRS 9
6 1 (2.04%) ISO 31000
6 1 (2.04%) ISO/IEC 27005
6 1 (2.04%) NCSC
Vendors
1 2 (4.08%) SAP
2 1 (2.04%) Atlassian
2 1 (2.04%) Cadence
2 1 (2.04%) Microsoft
2 1 (2.04%) Oracle
2 1 (2.04%) Planview