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 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 III
London / City of London
Rank 151 155 178
Rank change year-on-year +4 +23  
Contract jobs citing Basel III 2 3 11
As % of all contract IT jobs advertised in the City of London 0.066% 0.091% 0.22%
As % of the Quality Assurance & Compliance category 0.45% 0.83% 2.06%
Number of daily rates quoted 2 3 8
Median daily rate £564 £550 £538
Median daily rate % change year-on-year +2.50% +2.32%  
90% offered a daily rate of more than £435 £430 £303
10% offered a daily rate of more than £693 £550 £700
UK excluding London median daily rate £500 £500 £500
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 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 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

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 3 months to 24 March 2017.

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

Basel III
Top 26 Related IT Skills in the City of London

For the 6 months to 24 March 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%) Banking
2 1 (33.33%) Data Management
2 1 (33.33%) Investment Banking
2 1 (33.33%) General Ledger
2 1 (33.33%) Derivative
2 1 (33.33%) Requirements Management
2 1 (33.33%) Ontologies
2 1 (33.33%) Oracle Fusion
2 1 (33.33%) Stakeholder Engagement
2 1 (33.33%) CRD IV
2 1 (33.33%) FINREP
2 1 (33.33%) IFRS
2 1 (33.33%) Financial Institution
2 1 (33.33%) Finance
2 1 (33.33%) Stakeholder Management
2 1 (33.33%) Scrum
2 1 (33.33%) Equities
2 1 (33.33%) Agile Software Development
2 1 (33.33%) Oracle
2 1 (33.33%) MS Office
2 1 (33.33%) SAP
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
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:

Applications
1 1 (33.33%) MS Office
Business Applications
1 1 (33.33%) SAP R/3
General
1 2 (66.67%) Banking
2 1 (33.33%) Finance
2 1 (33.33%) Financial Institution
2 1 (33.33%) General Ledger
2 1 (33.33%) Investment Banking
Job Titles
1 3 (100.00%) Analyst
2 2 (66.67%) Business Analyst
3 1 (33.33%) Derivatives Business Analyst
3 1 (33.33%) Report Analyst
3 1 (33.33%) Senior Analyst
3 1 (33.33%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 1 (33.33%) Oracle Fusion
1 1 (33.33%) XBRL
Miscellaneous
1 1 (33.33%) Derivative
1 1 (33.33%) Equities
1 1 (33.33%) Foreign Exchange (FX)
Processes & Methodologies
1 1 (33.33%) Agile Software Development
1 1 (33.33%) Data Management
1 1 (33.33%) Data Modelling
1 1 (33.33%) Ontologies
1 1 (33.33%) Requirements Management
1 1 (33.33%) Scrum
1 1 (33.33%) Stakeholder Engagement
1 1 (33.33%) Stakeholder Management
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