Period
to 23 November 2017

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 6 months to 23 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.

Basel III
Central London > City of London
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 245 230 248
Rank change year-on-year -15 +18 +40
Contract jobs citing Basel III 3 11 24
As % of all contract IT jobs advertised in the City of London 0.042% 0.16% 0.27%
As % of the Quality Assurance & Compliance category 0.32% 1.39% 2.39%
Number of daily rates quoted 2 11 24
City of London median daily rate £406 £575 £568
Median daily rate % change year-on-year -29.35% +1.32% -1.30%
10th Percentile £326 £456 £373
90th Percentile £482 £838 £671
Central London median daily rate £406 £575 £568
% change year-on-year -29.35% +1.32% -1.30%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Basel III 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 the City of London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
City of London
Contract vacancies with a requirement for quality assurance or compliance skills 930 789 1003
As % of all contract IT jobs advertised in the City of London 13.03% 11.78% 11.09%
Number of daily rates quoted 728 624 728
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +1.12%
10th Percentile £313 £313 £288
90th Percentile £675 £675 £625
Central London median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% +2.86%
Number of hourly rates quoted 13 5 16
City of London median hourly rate £15.00 £46.50 £21.63
Median hourly rate % change year-on-year -67.74% +115.03% +23.57%
Central London median hourly rate £15.00 £46.50 £22.00
% change year-on-year -67.74% +111.36% +37.50%

Basel III
Job Vacancy Trend in the City of London

Job postings citing Basel III as a percentage of all IT jobs advertised in the City of London.

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

Basel III
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Basel III in the City of London over the 6 months to 23 November 2017.

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

For the 6 months to 23 November 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%) Microsoft Excel
1 2 (66.67%) Finance
1 2 (66.67%) Stakeholder Management
2 1 (33.33%) Banking
2 1 (33.33%) Retail
2 1 (33.33%) Business Analysis
2 1 (33.33%) Mathematics
2 1 (33.33%) Credit Risk
2 1 (33.33%) User Acceptance Testing
2 1 (33.33%) R
2 1 (33.33%) CRD IV
2 1 (33.33%) Analytical Skills
2 1 (33.33%) Prototyping
2 1 (33.33%) Advertising
2 1 (33.33%) Validation
2 1 (33.33%) SAS
2 1 (33.33%) Microsoft
2 1 (33.33%) MATLAB
2 1 (33.33%) SQL
2 1 (33.33%) VB
2 1 (33.33%) Microsoft Office

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:

Application Platforms
1 1 (33.33%) SAS
Applications
1 2 (66.67%) Microsoft Excel
2 1 (33.33%) Microsoft Office
General
1 2 (66.67%) Finance
2 1 (33.33%) Advertising
2 1 (33.33%) Banking
2 1 (33.33%) Retail
Job Titles
1 3 (100.00%) Analyst
2 1 (33.33%) Business Analyst
2 1 (33.33%) Business IT Analyst
2 1 (33.33%) Business Test Analyst
2 1 (33.33%) Credit Analyst
2 1 (33.33%) IT Analyst
2 1 (33.33%) IT Business Analyst
2 1 (33.33%) Test Analyst
2 1 (33.33%) Treasury Business Analyst
2 1 (33.33%) UAT Analyst
2 1 (33.33%) UAT Test Analyst
Miscellaneous
1 1 (33.33%) Analytical Skills
1 1 (33.33%) Credit Risk
Processes & Methodologies
1 2 (66.67%) Stakeholder Management
2 1 (33.33%) Business Analysis
2 1 (33.33%) Mathematics
2 1 (33.33%) Prototyping
2 1 (33.33%) User Acceptance Testing
2 1 (33.33%) Validation
Programming Languages
1 1 (33.33%) MATLAB
1 1 (33.33%) R
1 1 (33.33%) SQL
1 1 (33.33%) VB
Quality Assurance & Compliance
1 1 (33.33%) CRD IV
Vendors
1 1 (33.33%) Microsoft