Period
to 19 November 2017

The following table provides summary statistics for contract job vacancies advertised in Canary Wharf with a requirement for FATCA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FATCA over the 6 months to 19 November 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Foreign Account Tax Compliance Act (FATCA)
Tower Hamlets > Canary Wharf
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 43 37 -
Rank change year-on-year -6 - -
Contract jobs citing FATCA 3 3 0
As % of all contract IT jobs advertised in Canary Wharf 1.10% 0.96% -
As % of the Quality Assurance & Compliance category 8.11% 6.98% -
Number of daily rates quoted 3 3 0
Canary Wharf median daily rate £450 £350 -
Median daily rate % change year-on-year +28.57% - -
Tower Hamlets median daily rate £450 £395 -
% change year-on-year +13.92% - -
Number of hourly rates quoted 0 0 0
Canary Wharf median hourly rate - - -
Tower Hamlets median hourly rate - - -

FATCA is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
Canary Wharf
Contract vacancies with a requirement for quality assurance or compliance skills 37 43 63
As % of all contract IT jobs advertised in Canary Wharf 13.60% 13.74% 16.24%
Number of daily rates quoted 20 31 45
Canary Wharf median daily rate £450 £363 £475
Median daily rate % change year-on-year +24.14% -23.68% -
10th Percentile £373 £270 £233
90th Percentile £637 £575 £625
Tower Hamlets median daily rate £450 £375 £475
% change year-on-year +20.00% -21.05% -2.56%
Number of hourly rates quoted 2 0 0
Canary Wharf median hourly rate £15.00 - -
Tower Hamlets median hourly rate £15.00 - -

FATCA
Job Vacancy Trend in Canary Wharf

Job postings citing FATCA as a percentage of all IT jobs advertised in Canary Wharf.

Job vacancy trend for FATCA in Canary Wharf

FATCA
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing FATCA in Canary Wharf.

Contractor daily rate trend for FATCA in Canary Wharf

For the 6 months to 19 November 2017, IT contractor jobs citing FATCA also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for FATCA.

1 3 (100.00%) GAP Analysis
1 3 (100.00%) Finance
1 3 (100.00%) Banking
1 3 (100.00%) Investment Banking
1 3 (100.00%) Degree
1 3 (100.00%) MiFID
1 3 (100.00%) Use Case
1 3 (100.00%) Change Control
1 3 (100.00%) EMIR
1 3 (100.00%) KYC
1 3 (100.00%) Regulatory Compliance
2 1 (33.33%) Project Management

FATCA
Co-occurring IT Skills in Canary Wharf by Category

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

General
1 3 (100.00%) Banking
1 3 (100.00%) Finance
1 3 (100.00%) Investment Banking
Job Titles
1 3 (100.00%) Analyst
1 3 (100.00%) Business Analyst
2 2 (66.67%) Finance Business Analyst
2 2 (66.67%) Financial Analyst
2 2 (66.67%) Financial Business Analyst
2 2 (66.67%) Financial Services Business Analyst
2 2 (66.67%) MiFID Business Analyst
2 2 (66.67%) Service Analyst
3 1 (33.33%) Business Manager
3 1 (33.33%) Business Project Manager
3 1 (33.33%) Project Analyst
3 1 (33.33%) Project Manager
Processes & Methodologies
1 3 (100.00%) Change Control
1 3 (100.00%) GAP Analysis
1 3 (100.00%) KYC
1 3 (100.00%) Regulatory Compliance
1 3 (100.00%) Use Case
2 1 (33.33%) Project Management
Qualifications
1 3 (100.00%) Degree
Quality Assurance & Compliance
1 3 (100.00%) EMIR
1 3 (100.00%) MiFID