Period
to 24 November 2017

The median contractor rate for a Market Risk Business Analyst was £700 per day in advertised job vacancies in the City of London during the 6 months to 24 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.

Business Analyst - Market Risk
Central London > City of London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 237 227 263
Rank change year-on-year -10 +36 +28
Contract jobs requiring a Market Risk Business Analyst 4 13 8
As % of all contract IT jobs advertised in the City of London 0.056% 0.19% 0.088%
As % of the Job Titles category 0.059% 0.20% 0.092%
Number of daily rates quoted 3 10 7
City of London median daily rate £700 £593 £600
Median daily rate % change year-on-year +18.04% -1.17% +6.19%
10th Percentile £594 £454 £310
90th Percentile £761 £838 £688
Central London median daily rate £700 £585 £600
% change year-on-year +19.66% -2.50% +6.19%
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 6755 6365 8666
% of contract IT jobs with a recognized job title 94.46% 95.47% 95.35%
Number of daily rates quoted 5342 5051 6805
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 £275
90th Percentile £688 £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 90 77 128
City of London median hourly rate £18.00 £17.25 £19.25
Median hourly rate % change year-on-year +4.35% -10.39% +10.00%
10th Percentile £11.25 £11.50 £10.35
90th Percentile £30.75 £48.40 £39.13
Central London median hourly rate £18.40 £17.00 £18.00
% change year-on-year +8.22% -5.56% +5.88%

Market Risk Business Analyst
Job Vacancy Trend in the City of London

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

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

For the 6 months to 24 November 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 4 (100.00%) Front Office
1 4 (100.00%) Finance
1 4 (100.00%) Agile Software Development
1 4 (100.00%) Market Risk
2 3 (75.00%) Scenario Testing
2 3 (75.00%) Stress Testing
2 3 (75.00%) Hadoop
2 3 (75.00%) Risk Management
2 3 (75.00%) Investment Banking
2 3 (75.00%) Banking
3 2 (50.00%) Back Office
3 2 (50.00%) SQL
3 2 (50.00%) Data Analysis
3 2 (50.00%) R
3 2 (50.00%) Big Data
4 1 (25.00%) HBase
4 1 (25.00%) Analytical Skills
4 1 (25.00%) SDLC
4 1 (25.00%) PnL Attribution
4 1 (25.00%) Credit Risk
4 1 (25.00%) Financial Analysis
4 1 (25.00%) Waterfall
4 1 (25.00%) Spreadsheet
4 1 (25.00%) Oracle General Ledger
4 1 (25.00%) Derivative
4 1 (25.00%) JIRA
4 1 (25.00%) General Ledger
4 1 (25.00%) Oracle
4 1 (25.00%) Murex
4 1 (25.00%) Foreign Exchange (FX)

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:

Applications
1 1 (25.00%) Spreadsheet
Business Applications
1 1 (25.00%) Oracle General Ledger
Database & Business Intelligence
1 3 (75.00%) Hadoop
2 2 (50.00%) Big Data
3 1 (25.00%) HBase
Development Applications
1 1 (25.00%) JIRA
General
1 4 (100.00%) Finance
1 4 (100.00%) Front Office
2 3 (75.00%) Banking
2 3 (75.00%) Investment Banking
3 2 (50.00%) Back Office
4 1 (25.00%) General Ledger
Miscellaneous
1 4 (100.00%) Market Risk
2 1 (25.00%) Analytical Skills
2 1 (25.00%) Credit Derivative
2 1 (25.00%) Credit Risk
2 1 (25.00%) Derivative
2 1 (25.00%) Equities
2 1 (25.00%) Fixed Income
2 1 (25.00%) Foreign Exchange (FX)
Processes & Methodologies
1 4 (100.00%) Agile Software Development
2 3 (75.00%) Risk Management
2 3 (75.00%) Scenario Testing
2 3 (75.00%) Stress Testing
3 2 (50.00%) Data Analysis
4 1 (25.00%) Financial Analysis
4 1 (25.00%) PnL Attribution
4 1 (25.00%) Scrum
4 1 (25.00%) SDLC
4 1 (25.00%) Waterfall
Programming Languages
1 2 (50.00%) R
1 2 (50.00%) SQL
Vendors
1 1 (25.00%) Murex
1 1 (25.00%) Oracle