The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in Canary Wharf. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 3 months to 28 June 2017 with a comparison to the same period over 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.

Market Risk
London / Canary Wharf
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 19 24 26
Rank change year-on-year +5 +2  
Contract jobs citing Market Risk 3 1 3
As % of all contract IT jobs advertised in Canary Wharf 2.70% 0.83% 1.75%
As % of the Miscellaneous category 5.77% 2.13% 4.05%
Number of daily rates quoted 4 1 3
Median daily rate £555 £350 £422
Median daily rate % change year-on-year +58.57% -17.06%  
90% offered a daily rate of more than £518 £350 £404
10% offered a daily rate of more than £588 £350 £584
UK excluding London median daily rate £413 £500 £450
% change year-on-year -17.50% +11.11%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Market Risk is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for generic IT skills.

Generic IT Skills
Canary Wharf
Contract job vacancies with a requirement for generic IT skills 52 47 74
As % of all contract IT job vacancies advertised in Canary Wharf 46.85% 38.84% 43.27%
Number of daily rates quoted 73 42 98
Median daily rate £575 £493 £475
Median daily rate % change year-on-year +16.75% +3.68%  
90% offered a daily rate of more than £340 £350 £348
10% offered a daily rate of more than £750 £648 £575
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 0 0 2
Median hourly rate - - £12.50
UK excluding London median hourly rate £25.00 £23.00 £18.50
% change year-on-year +8.69% +24.32%  

Market Risk
Job Vacancy Trend in Canary Wharf

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

Job vacancy trend for Market Risk in Canary Wharf

Market Risk
Contractor Daily Rate Trend in Canary Wharf

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

Contractor daily rate trend for Market Risk in Canary Wharf

For the 6 months to 28 June 2017, IT contractor jobs citing Market Risk 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 Market Risk.

1 5 (100.00%) Finance
2 3 (60.00%) Banking
2 3 (60.00%) Java
2 3 (60.00%) .NET
2 3 (60.00%) Risk Management
2 3 (60.00%) Big Data
2 3 (60.00%) Analytics
3 2 (40.00%) Budgeting and Forecasting
3 2 (40.00%) IT Strategy
3 2 (40.00%) Credit Risk
3 2 (40.00%) Stress Testing
3 2 (40.00%) Enterprise Software
3 2 (40.00%) Data Integration
3 2 (40.00%) Wallstreet Suite
3 2 (40.00%) Greeks
3 2 (40.00%) ETL
3 2 (40.00%) SAP
3 2 (40.00%) Web Services
3 2 (40.00%) Legal
4 1 (20.00%) Scrum
4 1 (20.00%) Agile Software Development
4 1 (20.00%) NUnit
4 1 (20.00%) Spring
4 1 (20.00%) Investment Banking
4 1 (20.00%) JIRA
4 1 (20.00%) Oracle Coherence
4 1 (20.00%) WCF
4 1 (20.00%) WPF
4 1 (20.00%) Data Modelling
4 1 (20.00%) SOAP

Market Risk
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:

Application Platforms
1 1 (20.00%) Apache Spark
1 1 (20.00%) Oracle Coherence
Database & Business Intelligence
1 3 (60.00%) Big Data
2 1 (20.00%) Hadoop
2 1 (20.00%) Hazelcast
Development Applications
1 1 (20.00%) Jenkins
1 1 (20.00%) JIRA
1 1 (20.00%) NUnit
General
1 5 (100.00%) Finance
2 3 (60.00%) Banking
3 2 (40.00%) Legal
4 1 (20.00%) Back Office
4 1 (20.00%) Investment Banking
Job Titles
1 3 (60.00%) Architect
2 2 (40.00%) Developer
2 2 (40.00%) Functional Architect
3 1 (20.00%) C# Developer
3 1 (20.00%) C# Developer - Investment Banking
3 1 (20.00%) C# WPF Developer
3 1 (20.00%) Data Architect
3 1 (20.00%) Designer
3 1 (20.00%) Java Developer
3 1 (20.00%) Senior Designer
3 1 (20.00%) Senior Developer
3 1 (20.00%) Senior Java Developer
3 1 (20.00%) WPF Developer
Libraries, Frameworks & Software Standards
1 3 (60.00%) .NET
2 2 (40.00%) Web Services
3 1 (20.00%) J2EE
3 1 (20.00%) SOAP
3 1 (20.00%) Spring
3 1 (20.00%) WCF
3 1 (20.00%) WPF
Miscellaneous
1 2 (40.00%) Credit Risk
1 2 (40.00%) Enterprise Software
2 1 (20.00%) Virtual Team
Processes & Methodologies
1 3 (60.00%) Analytics
1 3 (60.00%) Risk Management
2 2 (40.00%) Budgeting and Forecasting
2 2 (40.00%) Data Integration
2 2 (40.00%) ETL
2 2 (40.00%) Greeks
2 2 (40.00%) IT Strategy
2 2 (40.00%) Stress Testing
3 1 (20.00%) Agile Software Development
3 1 (20.00%) Data Architecture
3 1 (20.00%) Data Modelling
3 1 (20.00%) Electronic Trading
3 1 (20.00%) Logical Data Model
3 1 (20.00%) Monte Carlo Method
3 1 (20.00%) Physical Data Model
3 1 (20.00%) Scrum
Programming Languages
1 3 (60.00%) Java
2 1 (20.00%) C#
Vendors
1 2 (40.00%) SAP
1 2 (40.00%) Wallstreet Suite
2 1 (20.00%) Cloudera
2 1 (20.00%) Infragistics
2 1 (20.00%) Oracle
2 1 (20.00%) Vertica