Period
to 27 November 2021

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for GRC skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited GRC over the 6 months to 27 November 2021 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.

Governance, Risk Management and Compliance (GRC)
Central London > City of London
6 months to
27 Nov 2021
Same period 2020 Same period 2019
Rank 169 121 222
Rank change year-on-year -48 +101 +31
Contract jobs citing GRC 15 3 5
As % of all contract jobs advertised in the City of London 0.38% 0.15% 0.086%
As % of the Quality Assurance & Compliance category 2.73% 1.49% 0.84%
Number of daily rates quoted 8 0 4
10th Percentile £486 " £405
25th Percentile £513 " £450
Median daily rate (50th Percentile) £525 - £525
75th Percentile £559 " £603
90th Percentile £600 " £699
Central London median daily rate £525 - £525

GRC 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 549 201 593
As % of all contract IT jobs advertised in the City of London 13.80% 10.25% 10.25%
Number of daily rates quoted 414 132 443
10th Percentile £350 £306 £313
25th Percentile £454 £406 £375
Median daily rate (50th Percentile) £538 £475 £500
Median % change year-on-year +13.16% -5.00% +5.26%
75th Percentile £625 £578 £588
90th Percentile £700 £650 £688
Central London median daily rate £535 £475 £488
% change year-on-year +12.63% -2.56% +2.63%
Number of hourly rates quoted 5 1 2
Median hourly rate £33.00 £22.00 £16.50
Median % change year-on-year +50.00% +33.33% -12.47%
Central London median hourly rate £33.00 £22.00 £16.50
% change year-on-year +50.00% +33.33% -12.47%

GRC
Job Vacancy Trend in the City of London

Job postings citing GRC as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for GRC in the City of London

GRC
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing GRC in the City of London.

Daily rate trend for GRC in the City of London

GRC
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing GRC in the City of London over the 6 months to 27 November 2021.

Daily rate histogram for GRC in the City of London

For the 6 months to 27 November 2021, IT contractor jobs citing GRC also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for GRC.

1 8 (53.33%) Risk Management
1 8 (53.33%) Information Security
2 6 (40.00%) Finance
2 6 (40.00%) Stakeholder Management
2 6 (40.00%) CISA
2 6 (40.00%) Cybersecurity
3 5 (33.33%) Internal Audit
3 5 (33.33%) Social Skills
3 5 (33.33%) Agile Software Development
3 5 (33.33%) COBIT
4 4 (26.67%) ISO/IEC 27001
4 4 (26.67%) Degree
4 4 (26.67%) IT Governance
4 4 (26.67%) CISSP
4 4 (26.67%) CISM
4 4 (26.67%) PRINCE2
4 4 (26.67%) PMI Certification
4 4 (26.67%) Project Management
4 4 (26.67%) Sarbanes-Oxley
4 4 (26.67%) Business Continuity
4 4 (26.67%) Attestation
5 3 (20.00%) Identity Access Management
5 3 (20.00%) SDLC
5 3 (20.00%) Financial Institution
6 2 (13.33%) Management Information System
6 2 (13.33%) Data Warehouse
6 2 (13.33%) Business Intelligence
6 2 (13.33%) PMI
6 2 (13.33%) PMP
6 2 (13.33%) Banking

GRC
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:

Cloud Services
1 2 (13.33%) AWS
1 2 (13.33%) Azure
1 2 (13.33%) GCP
2 1 (6.67%) GitHub
Database & Business Intelligence
1 2 (13.33%) Data Warehouse
Development Applications
1 1 (6.67%) Jenkins
1 1 (6.67%) Sonatype Nexus
General
1 6 (40.00%) Finance
2 5 (33.33%) Social Skills
3 3 (20.00%) Financial Institution
4 2 (13.33%) Banking
4 2 (13.33%) Influencing Skills
Job Titles
1 6 (40.00%) IT Manager
2 5 (33.33%) Analyst
3 4 (26.67%) Risk Analyst
4 2 (13.33%) Banking Project Manager
4 2 (13.33%) IT Project Manager
4 2 (13.33%) IT Risk Manager
4 2 (13.33%) Project Manager
4 2 (13.33%) Risk Manager
4 2 (13.33%) Risk Project Manager
5 1 (6.67%) Compliance Analyst
5 1 (6.67%) Governance Analyst
5 1 (6.67%) Head of Development
5 1 (6.67%) Information Officer
5 1 (6.67%) IT Analyst
5 1 (6.67%) IT Risk Analyst
5 1 (6.67%) Risk Business Analyst
5 1 (6.67%) Senior Compliance Analyst
5 1 (6.67%) Senior IT Project Manager
5 1 (6.67%) Senior Project Manager
5 1 (6.67%) Senior Risk Manager
Libraries, Frameworks & Software Standards
1 1 (6.67%) REST
1 1 (6.67%) SOAP
Miscellaneous
1 2 (13.33%) Credit Risk
1 2 (13.33%) Enterprise Cloud
1 2 (13.33%) Management Information System
1 2 (13.33%) PMI
1 2 (13.33%) Public Cloud
1 2 (13.33%) Self-Motivation
2 1 (6.67%) Mobile App
2 1 (6.67%) User Experience
Processes & Methodologies
1 8 (53.33%) Information Security
1 8 (53.33%) Risk Management
2 6 (40.00%) Cybersecurity
2 6 (40.00%) Stakeholder Management
3 5 (33.33%) Agile Software Development
3 5 (33.33%) Internal Audit
4 4 (26.67%) Attestation
4 4 (26.67%) Business Continuity
4 4 (26.67%) IT Governance
4 4 (26.67%) PRINCE2
4 4 (26.67%) Project Management
5 3 (20.00%) Identity Access Management
5 3 (20.00%) SDLC
6 2 (13.33%) Active Listening
6 2 (13.33%) Business Intelligence
6 2 (13.33%) Continuous Improvement
6 2 (13.33%) Cost Reduction
6 2 (13.33%) Kalman Filter
6 2 (13.33%) Privileged Access Management
6 2 (13.33%) Security Architecture
Programming Languages
1 1 (6.67%) Bash Shell
1 1 (6.67%) Python
Qualifications
1 6 (40.00%) CISA
2 4 (26.67%) CISM
2 4 (26.67%) CISSP
2 4 (26.67%) Degree
2 4 (26.67%) PMI Certification
3 2 (13.33%) PMP
3 2 (13.33%) SC Cleared
3 2 (13.33%) Security Cleared
4 1 (6.67%) Computer Science Degree
4 1 (6.67%) CRISC
4 1 (6.67%) OSCP
Quality Assurance & Compliance
1 5 (33.33%) COBIT
2 4 (26.67%) ISO/IEC 27001
2 4 (26.67%) Sarbanes-Oxley
3 2 (13.33%) PCI DSS
4 1 (6.67%) GDPR
4 1 (6.67%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
4 1 (6.67%) ISO/IEC 27005
4 1 (6.67%) NIST
4 1 (6.67%) PSD2
Systems Management
1 1 (6.67%) Ansible
1 1 (6.67%) Opscode Chef
1 1 (6.67%) RSA Archer
Vendors
1 1 (6.67%) Qualys