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 27 March 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
27 Mar 2017
Same period 2016 Same period 2015
Rank 24 22 24
Rank change year-on-year -2 +2  
Contract jobs citing Market Risk 2 1 1
As % of all contract IT jobs advertised in Canary Wharf 1.52% 0.83% 0.85%
As % of the Miscellaneous category 3.39% 2.27% 1.47%
Number of daily rates quoted 1 1 1
Median daily rate £625 £840 £500
Median daily rate % change year-on-year -25.59% +68.00%  
UK excluding London median daily rate £623 £450 £400
% change year-on-year +38.33% +12.50%  
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 59 44 68
As % of all contract IT job vacancies advertised in Canary Wharf 44.70% 36.36% 58.12%
Number of daily rates quoted 34 39 40
Median daily rate £575 £480 £500
Median daily rate % change year-on-year +19.79% -4.00%  
90% offered a daily rate of more than £375 £363 £338
10% offered a daily rate of more than £650 £685 £655
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 0 1 0
Median hourly rate - £26.00 -
UK excluding London median hourly rate £18.68 £27.75 £18.75
% change year-on-year -32.68% +48.00%  

Market Risk
Job Vacancy Trend in Canary Wharf

The job posting trend of jobs advertised in Canary Wharf citing Market Risk as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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

Market Risk
Top 30 Co-occurring IT Skills in Canary Wharf

For the 6 months to 27 March 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 4 (80.00%) Banking
2 4 (80.00%) Investment Banking
3 3 (60.00%) Electronic Trading
4 2 (40.00%) Jenkins
4 2 (40.00%) WCF
4 2 (40.00%) WPF
4 2 (40.00%) Virtual Team
4 2 (40.00%) NUnit
4 2 (40.00%) JIRA
4 2 (40.00%) C#
4 2 (40.00%) Java
4 2 (40.00%) .NET
4 2 (40.00%) SOAP
4 2 (40.00%) Risk Management
4 2 (40.00%) Infragistics
5 1 (20.00%) Scrum
5 1 (20.00%) Fixed Income
5 1 (20.00%) Grid Computing
5 1 (20.00%) J2EE
5 1 (20.00%) Oracle
5 1 (20.00%) SQL
5 1 (20.00%) Management Information System
5 1 (20.00%) Front Office
5 1 (20.00%) Agile Software Development
5 1 (20.00%) Data Management
5 1 (20.00%) Spring
5 1 (20.00%) Oracle Coherence
5 1 (20.00%) Mathematics
5 1 (20.00%) Software Engineering

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
Applications
1 1 (20.00%) MS PowerPoint
Database & Business Intelligence
1 1 (20.00%) Big Data
1 1 (20.00%) Hadoop
1 1 (20.00%) Hazelcast
1 1 (20.00%) Relational Database
Development Applications
1 2 (40.00%) Jenkins
1 2 (40.00%) JIRA
1 2 (40.00%) NUnit
General
1 5 (100.00%) Finance
2 4 (80.00%) Banking
2 4 (80.00%) Investment Banking
3 1 (20.00%) Front Office
Job Titles
1 4 (80.00%) Developer
2 2 (40.00%) C# Developer
2 2 (40.00%) C# Developer - Investment Banking
2 2 (40.00%) Java Developer
3 1 (20.00%) Analyst
3 1 (20.00%) Banking Analyst
3 1 (20.00%) Business Analyst
3 1 (20.00%) C# WPF Developer
3 1 (20.00%) Designer
3 1 (20.00%) Front Office Developer
3 1 (20.00%) Investment Banking Business Analyst
3 1 (20.00%) Investment Banking Java Developer
3 1 (20.00%) Java Scala Developer
3 1 (20.00%) Scala Developer
3 1 (20.00%) SDLC Business Analyst
3 1 (20.00%) Senior Designer
3 1 (20.00%) Senior Developer
3 1 (20.00%) Senior Java Developer
3 1 (20.00%) UAT Analyst
3 1 (20.00%) WPF Developer
Libraries, Frameworks & Software Standards
1 2 (40.00%) .NET
1 2 (40.00%) SOAP
1 2 (40.00%) WCF
1 2 (40.00%) WPF
2 1 (20.00%) J2EE
2 1 (20.00%) Spring
Miscellaneous
1 2 (40.00%) Virtual Team
2 1 (20.00%) Analytical Skills
2 1 (20.00%) Credit Risk
2 1 (20.00%) Derivative
2 1 (20.00%) Fixed Income
2 1 (20.00%) Grid Computing
2 1 (20.00%) Interest Rate Derivative
2 1 (20.00%) Management Information System
Processes & Methodologies
1 3 (60.00%) Electronic Trading
2 2 (40.00%) Risk Management
3 1 (20.00%) Agile Software Development
3 1 (20.00%) Capacity Management
3 1 (20.00%) Data Management
3 1 (20.00%) Mathematical Modelling
3 1 (20.00%) Mathematics
3 1 (20.00%) Multithreading
3 1 (20.00%) Prototyping
3 1 (20.00%) Scrum
3 1 (20.00%) SDLC
3 1 (20.00%) Software Engineering
3 1 (20.00%) User Acceptance Testing
Programming Languages
1 2 (40.00%) C#
1 2 (40.00%) Java
2 1 (20.00%) Scala
2 1 (20.00%) SQL
Qualifications
1 1 (20.00%) Degree
Vendors
1 2 (40.00%) Infragistics
2 1 (20.00%) Cloudera
2 1 (20.00%) Oracle
2 1 (20.00%) Vertica