The median contractor rate for a Market Risk Analyst was £425 per day in advertised job vacancies in the City of London during the 3 months to 30 March 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
London / City of London
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank 145 158 189
Rank change year-on-year +13 +31  
Contract jobs requiring a Market Risk Analyst 6 5 7
As % of all contract IT jobs advertised in the City of London 0.19% 0.15% 0.14%
As % of the Job Titles category 0.20% 0.15% 0.14%
Number of daily rates quoted 6 5 7
Median daily rate £425 £675 £475
Median daily rate % change year-on-year -37.03% +42.10%  
90% offered a daily rate of more than £360 £585 £370
10% offered a daily rate of more than £585 £723 £650
UK excluding London median daily rate - £550 £450
% change year-on-year - +22.22%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 2952 3240 4937
As % of all contract IT job vacancies advertised in the City of London 95.16% 95.18% 96.09%
Number of daily rates quoted 2287 2586 3734
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £310 £308 £276
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 33 47 71
Median hourly rate £19.00 £20.00 £18.50
Median hourly rate % change year-on-year -4.97% +8.08%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £47.50 £27.37
UK excluding London median hourly rate £17.50 £19.00 £17.00
% change year-on-year -7.89% +11.76%  

Market Risk Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Market Risk Analyst in the job title.

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 Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Market Risk Analyst in the City of London over the 3 months to 30 March 2017.

Contractor daily rate histogram 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 30 March 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 12 (100.00%) Market Risk
2 8 (66.67%) Credit Risk
3 7 (58.33%) SQL
4 6 (50.00%) Banking
5 5 (41.67%) JIRA
5 5 (41.67%) Team Foundation Server
5 5 (41.67%) Dodd-Frank
5 5 (41.67%) Collateral Management
5 5 (41.67%) Credit Risk Management
5 5 (41.67%) SQL Server
5 5 (41.67%) Microsoft
5 5 (41.67%) Risk Management
5 5 (41.67%) Finance
6 4 (33.33%) Fixed Income
7 3 (25.00%) Front Office
7 3 (25.00%) Workflow
7 3 (25.00%) Foreign Exchange (FX)
7 3 (25.00%) Web Services
7 3 (25.00%) MS Office
7 3 (25.00%) Jenkins
7 3 (25.00%) Performance Monitoring
7 3 (25.00%) PowerShell
7 3 (25.00%) Dollar Universe
8 2 (16.67%) Stress Testing
8 2 (16.67%) Business Analysis
8 2 (16.67%) Derivative
8 2 (16.67%) Visual Studio
8 2 (16.67%) Python
8 2 (16.67%) Scrum
8 2 (16.67%) Equities

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 3 (25.00%) MS Office
Business Applications
1 1 (8.33%) Adaptiv
Communications & Networking
1 1 (8.33%) Internet
Database & Business Intelligence
1 5 (41.67%) SQL Server
Development Applications
1 5 (41.67%) JIRA
1 5 (41.67%) Team Foundation Server
2 3 (25.00%) Jenkins
3 2 (16.67%) Visual Studio
General
1 6 (50.00%) Banking
2 5 (41.67%) Finance
3 3 (25.00%) Front Office
4 1 (8.33%) Financial Institution
4 1 (8.33%) Investment Banking
Libraries, Frameworks & Software Standards
1 3 (25.00%) Web Services
Miscellaneous
1 12 (100.00%) Market Risk
2 8 (66.67%) Credit Risk
3 4 (33.33%) Fixed Income
4 3 (25.00%) Foreign Exchange (FX)
5 2 (16.67%) Credit Derivative
5 2 (16.67%) Derivative
5 2 (16.67%) Equities
Processes & Methodologies
1 5 (41.67%) Collateral Management
1 5 (41.67%) Credit Risk Management
1 5 (41.67%) Risk Management
2 3 (25.00%) Performance Monitoring
2 3 (25.00%) Workflow
3 2 (16.67%) Agile Software Development
3 2 (16.67%) Business Analysis
3 2 (16.67%) Scrum
3 2 (16.67%) Stress Testing
4 1 (8.33%) Analytics
4 1 (8.33%) Asset Management
4 1 (8.33%) CRM
4 1 (8.33%) PnL Attribution
4 1 (8.33%) Systems Analysis
4 1 (8.33%) User Acceptance Testing
Programming Languages
1 7 (58.33%) SQL
2 3 (25.00%) PowerShell
3 2 (16.67%) Python
4 1 (8.33%) PL/SQL
Quality Assurance & Compliance
1 5 (41.67%) Dodd-Frank
Systems Management
1 3 (25.00%) Dollar Universe
Vendors
1 5 (41.67%) Microsoft
2 1 (8.33%) Oracle