The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Basel III skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Basel III over the 3 months to 23 June 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.

Basel III
London / City of London
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 165 162 182
Rank change year-on-year -3 +20  
Contract jobs citing Basel III 1 2 19
As % of all contract IT jobs advertised in the City of London 0.030% 0.059% 0.33%
As % of the Quality Assurance & Compliance category 0.20% 0.52% 2.91%
Number of daily rates quoted 1 2 18
Median daily rate £313 £638 £600
Median daily rate % change year-on-year -50.98% +6.25%  
UK excluding London median daily rate £413 £425 £480
% change year-on-year -2.94% -11.45%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Basel III 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 494 388 653
As % of all contract IT job vacancies advertised in the City of London 14.97% 11.47% 11.24%
Number of daily rates quoted 356 308 498
Median daily rate £500 £475 £475
Median daily rate % change year-on-year +5.26% -  
90% offered a daily rate of more than £328 £325 £300
10% offered a daily rate of more than £650 £613 £650
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 7 1 7
Median hourly rate £15.00 £85.50 £24.00
Median hourly rate % change year-on-year -82.45% +256.25%  
90% offered a hourly rate of more than £14.02 £85.50 £10.00
10% offered a hourly rate of more than £61.00 £85.50 £63.40
UK excluding London median hourly rate £25.00 £28.25 £24.75
% change year-on-year -11.50% +14.14%  

Basel III
Job Vacancy Trend in the City of London

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

Job vacancy trend for Basel III in the City of London

Basel III
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 III in the City of London.

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

For the 6 months to 23 June 2017, IT contractor jobs citing Basel III 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 III.

1 2 (66.67%) Finance
1 2 (66.67%) Stakeholder Management
1 2 (66.67%) Banking
2 1 (33.33%) Retail
2 1 (33.33%) Data Management
2 1 (33.33%) Investment Banking
2 1 (33.33%) General Ledger
2 1 (33.33%) Requirements Management
2 1 (33.33%) Ontologies
2 1 (33.33%) User Acceptance Testing
2 1 (33.33%) Oracle Fusion
2 1 (33.33%) CRD IV
2 1 (33.33%) FINREP
2 1 (33.33%) Analytical Skills
2 1 (33.33%) IFRS
2 1 (33.33%) Scrum
2 1 (33.33%) Equities
2 1 (33.33%) Agile Software Development
2 1 (33.33%) Advertising
2 1 (33.33%) Validation
2 1 (33.33%) Financial Institution
2 1 (33.33%) Oracle
2 1 (33.33%) Microsoft Office
2 1 (33.33%) SAP
2 1 (33.33%) Microsoft Excel
2 1 (33.33%) Data Modelling
2 1 (33.33%) Microsoft
2 1 (33.33%) XBRL
2 1 (33.33%) Foreign Exchange (FX)
2 1 (33.33%) SAP R/3

Basel III
Co-occurring 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:

Applications
1 1 (33.33%) Microsoft Excel
1 1 (33.33%) Microsoft Office
Business Applications
1 1 (33.33%) SAP R/3
General
1 2 (66.67%) Banking
1 2 (66.67%) Finance
2 1 (33.33%) Advertising
2 1 (33.33%) Financial Institution
2 1 (33.33%) General Ledger
2 1 (33.33%) Investment Banking
2 1 (33.33%) Retail
Job Titles
1 3 (100.00%) Analyst
2 1 (33.33%) Business Analyst
2 1 (33.33%) Business Test Analyst
2 1 (33.33%) Report Analyst
2 1 (33.33%) Test Analyst
2 1 (33.33%) UAT Analyst
2 1 (33.33%) UAT Test Analyst
Libraries, Frameworks & Software Standards
1 1 (33.33%) Oracle Fusion
1 1 (33.33%) XBRL
Miscellaneous
1 1 (33.33%) Analytical Skills
1 1 (33.33%) Equities
1 1 (33.33%) Foreign Exchange (FX)
Processes & Methodologies
1 2 (66.67%) Stakeholder Management
2 1 (33.33%) Agile Software Development
2 1 (33.33%) Data Management
2 1 (33.33%) Data Modelling
2 1 (33.33%) Ontologies
2 1 (33.33%) Requirements Management
2 1 (33.33%) Scrum
2 1 (33.33%) User Acceptance Testing
2 1 (33.33%) Validation
Quality Assurance & Compliance
1 1 (33.33%) CRD IV
1 1 (33.33%) FINREP
1 1 (33.33%) IFRS
Vendors
1 1 (33.33%) Microsoft
1 1 (33.33%) Oracle
1 1 (33.33%) SAP