Period
to 19 February 2020

The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 6 months to 19 February 2020 with a comparison to the same period over 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
Central London > City of London
6 months to
19 Feb 2020
Same period 2019 Same period 2018
Rank 164 241 184
Rank change year-on-year +77 -57 -12
Contract jobs citing Market Risk 23 19 65
As % of all contract IT jobs advertised in the City of London 0.49% 0.28% 0.92%
As % of the Miscellaneous category 1.46% 0.72% 2.24%
Number of daily rates quoted 18 11 49
City of London median daily rate £613 £600 £600
Median daily rate % change year-on-year +2.08% - -5.88%
10th Percentile £431 £468 £275
90th Percentile £741 £650 £763
Central London median daily rate £613 £600 £600
% change year-on-year +2.08% - -4.00%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Market Risk is in the Generic IT Skills 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 generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,580 2,638 2,905
As % of all contract IT jobs advertised in the City of London 33.53% 38.69% 41.15%
Number of daily rates quoted 1,175 1,996 2,293
City of London median daily rate £525 £525 £525
10th Percentile £275 £282 £313
90th Percentile £700 £700 £725
Central London median daily rate £503 £525 £525
% change year-on-year -4.29% - +10.53%
Number of hourly rates quoted 37 47 45
City of London median hourly rate £22.50 £18.70 £21.75
Median hourly rate % change year-on-year +20.32% -14.02% +14.47%
10th Percentile £12.42 £12.91 £12.60
90th Percentile £52.25 £37.09 £48.40
Central London median hourly rate £22.50 £18.70 £21.63
% change year-on-year +20.32% -13.53% +13.82%

Market Risk
Job Vacancy Trend in the City of London

Job postings citing Market Risk as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Market Risk in the City of London

Market Risk
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 in the City of London.

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

Market Risk
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Market Risk in the City of London over the 6 months to 19 February 2020.

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

Market Risk
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 in the City of London.

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

For the 6 months to 19 February 2020, IT contractor jobs citing Market Risk 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 Market Risk.

1 19 (82.61%) Finance
2 15 (65.22%) Python
3 12 (52.17%) Credit Risk
4 10 (43.48%) Banking
5 7 (30.43%) Front Office
5 7 (30.43%) C#
6 6 (26.09%) Java
7 5 (21.74%) C++
7 5 (21.74%) Validation
7 5 (21.74%) Derivative
8 4 (17.39%) Performance Testing
8 4 (17.39%) Stress Testing
8 4 (17.39%) Foreign Exchange (FX)
8 4 (17.39%) Prototyping
8 4 (17.39%) Credit Risk Management
8 4 (17.39%) Problem-Solving
8 4 (17.39%) Backtesting
9 3 (13.04%) R
9 3 (13.04%) Analytics
9 3 (13.04%) Project Management
9 3 (13.04%) Risk Management
9 3 (13.04%) Agile Software Development
9 3 (13.04%) JIRA
10 2 (8.70%) User Acceptance Testing
10 2 (8.70%) Git (software)
10 2 (8.70%) CFA
10 2 (8.70%) Wholesale Banking
10 2 (8.70%) Data Analysis
10 2 (8.70%) Workflow
10 2 (8.70%) MATLAB

Market Risk
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:

Application Platforms
1 1 (4.35%) Confluence
1 1 (4.35%) IBM HTTP Server
1 1 (4.35%) Tomcat
Cloud Services
1 2 (8.70%) GitHub
Development Applications
1 3 (13.04%) JIRA
2 2 (8.70%) Git (software)
3 1 (4.35%) Cucumber
3 1 (4.35%) Selenium
3 1 (4.35%) Subversion
3 1 (4.35%) TeamCity
General
1 19 (82.61%) Finance
2 10 (43.48%) Banking
3 7 (30.43%) Front Office
4 2 (8.70%) Wholesale Banking
5 1 (4.35%) Back Office
5 1 (4.35%) Financial Institution
5 1 (4.35%) Investment Banking
5 1 (4.35%) Legal
Job Titles
1 12 (52.17%) Developer
2 10 (43.48%) Analyst
3 7 (30.43%) Qualitative Analyst
3 7 (30.43%) Quantitative Analyst
4 6 (26.09%) Quantitative Developer
4 6 (26.09%) Risk Analyst
5 5 (21.74%) Quantitative Risk Analyst
6 4 (17.39%) Analyst Developer
6 4 (17.39%) Developer Analyst
6 4 (17.39%) Quantitative Analyst Developer
7 3 (13.04%) Business Analyst
8 2 (8.70%) Java Developer
8 2 (8.70%) Programmer
8 2 (8.70%) Project Manager
8 2 (8.70%) R Developer
9 1 (4.35%) Automation Developer
9 1 (4.35%) C# Developer
9 1 (4.35%) Market Risk Developer
9 1 (4.35%) Risk Business Analyst
9 1 (4.35%) Technical Analyst
Libraries, Frameworks & Software Standards
1 2 (8.70%) Anaconda
2 1 (4.35%) .NET
2 1 (4.35%) Gherkin
2 1 (4.35%) Hibernate
2 1 (4.35%) Node.js
2 1 (4.35%) Spring
2 1 (4.35%) Spring Boot
2 1 (4.35%) XSLT
Miscellaneous
1 12 (52.17%) Credit Risk
2 5 (21.74%) Derivative
3 4 (17.39%) Foreign Exchange (FX)
4 2 (8.70%) Algorithms
4 2 (8.70%) Analytical Skills
5 1 (4.35%) CUDA
5 1 (4.35%) Interest Rate Derivative
Processes & Methodologies
1 5 (21.74%) Validation
2 4 (17.39%) Backtesting
2 4 (17.39%) Credit Risk Management
2 4 (17.39%) Performance Testing
2 4 (17.39%) Problem-Solving
2 4 (17.39%) Prototyping
2 4 (17.39%) Stress Testing
3 3 (13.04%) Agile Software Development
3 3 (13.04%) Analytics
3 3 (13.04%) Project Management
3 3 (13.04%) Risk Management
4 2 (8.70%) Business Analysis
4 2 (8.70%) Data Analysis
4 2 (8.70%) Domain Models
4 2 (8.70%) Quantitative Finance
4 2 (8.70%) Risk Analytics
4 2 (8.70%) Scenario Testing
4 2 (8.70%) User Acceptance Testing
4 2 (8.70%) Workflow
5 1 (4.35%) Feasibility Study
Programming Languages
1 15 (65.22%) Python
2 7 (30.43%) C#
3 6 (26.09%) Java
4 5 (21.74%) C++
5 3 (13.04%) R
6 2 (8.70%) MATLAB
6 2 (8.70%) SQL
7 1 (4.35%) Java 8
7 1 (4.35%) Scala
Qualifications
1 2 (8.70%) CFA
2 1 (4.35%) PhD
Quality Assurance & Compliance
1 1 (4.35%) Basel III
Systems Management
1 1 (4.35%) Control-M
Vendors
1 1 (4.35%) Informatica
1 1 (4.35%) Oracle