The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Basel II skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Basel II over the 3 months to 24 March 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Basel II
London / City of London
Rank 152 157 185
Rank change year-on-year +5 +28  
Contract jobs citing Basel II 1 1 4
As % of all contract IT jobs advertised in the City of London 0.033% 0.030% 0.079%
As % of the Quality Assurance & Compliance category 0.23% 0.28% 0.75%
Number of daily rates quoted 0 1 1
Median daily rate - £475 £300
Median daily rate % change year-on-year - +58.33%  
UK excluding London median daily rate £406 £500 £500
% change year-on-year -18.75% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Basel II is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
City of London
Contract job vacancies with a requirement for quality assurance and compliance skills 441 363 535
As % of all contract IT job vacancies advertised in the City of London 14.54% 11.02% 10.60%
Number of daily rates quoted 339 268 389
Median daily rate £500 £475 £430
Median daily rate % change year-on-year +5.26% +10.46%  
90% offered a daily rate of more than £332 £300 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.89%  
Number of hourly rates quoted 6 4 1
Median hourly rate £13.75 £26.75 £19.14
Median hourly rate % change year-on-year -48.59% +39.79%  
UK excluding London median hourly rate £19.45 £41.00 £26.00
% change year-on-year -52.56% +57.69%  

Basel II
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Basel II as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for Basel II in the City of London

Basel II
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Basel II in the City of London.

Contractor daily rate trend for Basel II in the City of London

Basel II
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II in the City of London.

Contractor hourly rate trend for Basel II in the City of London

Basel II
Top 14 Related IT Skills in the City of London

For the 6 months to 24 March 2017, IT contractor jobs citing Basel II 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 City of London region with a requirement for Basel II.

1 1 (100.00%) PRINCE2
1 1 (100.00%) PMI
1 1 (100.00%) PMP
1 1 (100.00%) PMI Certification
1 1 (100.00%) CAD
1 1 (100.00%) Finance
1 1 (100.00%) Programme Management
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Banking
1 1 (100.00%) Corporate Banking
1 1 (100.00%) Degree
1 1 (100.00%) EMIR
1 1 (100.00%) CRD IV
1 1 (100.00%) Dodd-Frank

Basel II
Top Related IT Skills in the City of London 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 1 (100.00%) Banking
1 1 (100.00%) Corporate Banking
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Project Manager
Miscellaneous
1 1 (100.00%) PMI
Processes & Methodologies
1 1 (100.00%) Agile Software Development
1 1 (100.00%) CAD
1 1 (100.00%) PRINCE2
1 1 (100.00%) Programme Management
Qualifications
1 1 (100.00%) Degree
1 1 (100.00%) PMI Certification
1 1 (100.00%) PMP
Quality Assurance & Compliance
1 1 (100.00%) CRD IV
1 1 (100.00%) Dodd-Frank
1 1 (100.00%) EMIR