The median contractor rate for a Market Risk Business Analyst was £585 per day in advertised job vacancies in the City of London during the 3 months to 29 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.

Business Analyst - Market Risk
London / City of London
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 159 155 188
Rank change year-on-year -4 +33  
Contract jobs requiring a Market Risk Business Analyst 3 4 3
As % of all contract IT jobs advertised in the City of London 0.098% 0.12% 0.059%
As % of the Job Titles category 0.10% 0.12% 0.061%
Number of daily rates quoted 3 4 3
Median daily rate £585 £675 £600
Median daily rate % change year-on-year -13.33% +12.50%  
UK excluding London median daily rate - £450 £500
% change year-on-year - -10.00%  
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 2926 3222 4914
As % of all contract IT job vacancies advertised in the City of London 95.25% 95.18% 96.09%
Number of daily rates quoted 2273 2570 3709
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 £313 £300 £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 46 72
Median hourly rate £19.00 £19.99 £17.98
Median hourly rate % change year-on-year -4.96% +11.19%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £45.75 £27.37
UK excluding London median hourly rate £17.50 £19.50 £17.00
% change year-on-year -10.25% +14.70%  

Market Risk Business 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 Business Analyst in the job title.

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

Market Risk Business 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 Business Analyst in the City of London.

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

Market Risk Business Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Market Risk Business Analyst in the City of London over the 3 months to 29 March 2017.

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

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

For the 6 months to 29 March 2017, Market Risk Business 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 Business Analyst in the job title.

1 10 (100.00%) Market Risk
2 7 (70.00%) Banking
3 6 (60.00%) Credit Risk
4 4 (40.00%) Finance
4 4 (40.00%) Fixed Income
4 4 (40.00%) SQL
5 3 (30.00%) Front Office
5 3 (30.00%) Foreign Exchange (FX)
5 3 (30.00%) Equities
6 2 (20.00%) Investment Banking
6 2 (20.00%) JIRA
6 2 (20.00%) Collateral Management
6 2 (20.00%) Stress Testing
6 2 (20.00%) Team Foundation Server
6 2 (20.00%) Credit Risk Management
6 2 (20.00%) Dodd-Frank
6 2 (20.00%) Agile Software Development
6 2 (20.00%) Scrum
6 2 (20.00%) Credit Derivative
6 2 (20.00%) Business Analysis
6 2 (20.00%) Derivative
6 2 (20.00%) Risk Management
6 2 (20.00%) Microsoft
6 2 (20.00%) SQL Server
6 2 (20.00%) Visual Studio
6 2 (20.00%) Python
7 1 (10.00%) CRM
7 1 (10.00%) PL/SQL
7 1 (10.00%) Oracle
7 1 (10.00%) Financial Institution

Market Risk Business 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:

Business Applications
1 1 (10.00%) Adaptiv
Communications & Networking
1 1 (10.00%) Internet
Database & Business Intelligence
1 2 (20.00%) SQL Server
Development Applications
1 2 (20.00%) JIRA
1 2 (20.00%) Team Foundation Server
1 2 (20.00%) Visual Studio
General
1 7 (70.00%) Banking
2 4 (40.00%) Finance
3 3 (30.00%) Front Office
4 2 (20.00%) Investment Banking
5 1 (10.00%) Financial Institution
Miscellaneous
1 10 (100.00%) Market Risk
2 6 (60.00%) Credit Risk
3 4 (40.00%) Fixed Income
4 3 (30.00%) Equities
4 3 (30.00%) Foreign Exchange (FX)
5 2 (20.00%) Credit Derivative
5 2 (20.00%) Derivative
6 1 (10.00%) Taxonomies
Processes & Methodologies
1 2 (20.00%) Agile Software Development
1 2 (20.00%) Business Analysis
1 2 (20.00%) Collateral Management
1 2 (20.00%) Credit Risk Management
1 2 (20.00%) Risk Management
1 2 (20.00%) Scrum
1 2 (20.00%) Stress Testing
2 1 (10.00%) Analytics
2 1 (10.00%) Asset Management
2 1 (10.00%) CRM
2 1 (10.00%) Data Ingestion
2 1 (10.00%) Matrix Management
2 1 (10.00%) Matrix Organization
2 1 (10.00%) PnL Attribution
2 1 (10.00%) Systems Analysis
2 1 (10.00%) User Acceptance Testing
Programming Languages
1 4 (40.00%) SQL
2 2 (20.00%) Python
3 1 (10.00%) PL/SQL
Quality Assurance & Compliance
1 2 (20.00%) Dodd-Frank
Vendors
1 2 (20.00%) Microsoft
2 1 (10.00%) Oracle