Period
to 17 November 2017

The median contractor rate for a Market Risk Analyst was £650 per day in advertised job vacancies in the City of London during the 6 months to 17 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Market Risk Analyst
Central London > City of London
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 246 233 266
Rank change year-on-year -13 +33 +21
Contract jobs requiring a Market Risk Analyst 5 13 15
As % of all contract IT jobs advertised in the City of London 0.070% 0.19% 0.16%
As % of the Job Titles category 0.074% 0.20% 0.17%
Number of daily rates quoted 4 9 13
City of London median daily rate £650 £585 £575
Median daily rate % change year-on-year +11.11% +1.74% +3.60%
10th Percentile £575 £445 £325
90th Percentile £757 £838 £678
Central London median daily rate £650 £563 £575
% change year-on-year +15.56% -2.17% +3.60%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6729 6429 8864
% of contract IT jobs with a recognized job title 94.52% 95.57% 95.28%
Number of daily rates quoted 5318 5109 6969
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £270
90th Percentile £675 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 94 79 129
City of London median hourly rate £17.00 £17.25 £18.00
Median hourly rate % change year-on-year -1.45% -4.17% +5.88%
10th Percentile £11.25 £11.45 £10.40
90th Percentile £29.29 £47.83 £37.35
Central London median hourly rate £18.05 £17.08 £18.00
% change year-on-year +5.66% -5.10% +10.23%

Market Risk Analyst
Job Vacancy Trend in the City of London

Job postings that featured Market Risk Analyst in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Market Risk Analyst in the City of London

Market Risk Analyst
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 Market Risk Analyst in the City of London.

Contractor daily rate trend for Market Risk Analyst in the City of London

Market Risk Analyst
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for Market Risk Analyst in the City of London

Market Risk Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 17 November 2017, Market Risk Analyst contract jobs required the following IT 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 featuring Market Risk Analyst in the job title.

1 5 (100.00%) Market Risk
2 4 (80.00%) Agile Software Development
2 4 (80.00%) Banking
2 4 (80.00%) Investment Banking
2 4 (80.00%) Front Office
2 4 (80.00%) Finance
3 3 (60.00%) Risk Management
3 3 (60.00%) Scenario Testing
3 3 (60.00%) Hadoop
3 3 (60.00%) Stress Testing
4 2 (40.00%) R
4 2 (40.00%) Big Data
4 2 (40.00%) Data Analysis
4 2 (40.00%) Back Office
4 2 (40.00%) SQL
5 1 (20.00%) Oracle
5 1 (20.00%) Murex
5 1 (20.00%) Foreign Exchange (FX)
5 1 (20.00%) Project Management
5 1 (20.00%) GAP Analysis
5 1 (20.00%) Equities
5 1 (20.00%) Scrum
5 1 (20.00%) Fixed Income
5 1 (20.00%) Credit Derivative
5 1 (20.00%) Business Analysis
5 1 (20.00%) Derivative
5 1 (20.00%) JIRA
5 1 (20.00%) General Ledger
5 1 (20.00%) PnL Attribution
5 1 (20.00%) Credit Risk

Market Risk Analyst Skill Set
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 (20.00%) Spreadsheet
Business Applications
1 1 (20.00%) Oracle General Ledger
Database & Business Intelligence
1 3 (60.00%) Hadoop
2 2 (40.00%) Big Data
3 1 (20.00%) HBase
Development Applications
1 1 (20.00%) JIRA
General
1 4 (80.00%) Banking
1 4 (80.00%) Finance
1 4 (80.00%) Front Office
1 4 (80.00%) Investment Banking
2 2 (40.00%) Back Office
3 1 (20.00%) General Ledger
Miscellaneous
1 5 (100.00%) Market Risk
2 1 (20.00%) Analytical Skills
2 1 (20.00%) Credit Derivative
2 1 (20.00%) Credit Risk
2 1 (20.00%) Derivative
2 1 (20.00%) Equities
2 1 (20.00%) Fixed Income
2 1 (20.00%) Foreign Exchange (FX)
Processes & Methodologies
1 4 (80.00%) Agile Software Development
2 3 (60.00%) Risk Management
2 3 (60.00%) Scenario Testing
2 3 (60.00%) Stress Testing
3 2 (40.00%) Data Analysis
4 1 (20.00%) Business Analysis
4 1 (20.00%) Financial Analysis
4 1 (20.00%) GAP Analysis
4 1 (20.00%) PnL Attribution
4 1 (20.00%) Project Management
4 1 (20.00%) Scrum
4 1 (20.00%) SDLC
4 1 (20.00%) Waterfall
Programming Languages
1 2 (40.00%) R
1 2 (40.00%) SQL
Vendors
1 1 (20.00%) Murex
1 1 (20.00%) Oracle