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 3 months to 25 March 2017 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
Market Risk
London / City of London
Rank 122 127 158
Rank change year-on-year +5 +31  
Contract jobs citing Market Risk 33 32 37
As % of all contract IT jobs advertised in the City of London 1.09% 0.96% 0.73%
As % of the Miscellaneous category 3.01% 2.66% 1.99%
Number of daily rates quoted 28 27 33
Median daily rate £600 £625 £600
Median daily rate % change year-on-year -4.00% +4.16%  
90% offered a daily rate of more than £428 £515 £442
10% offered a daily rate of more than £665 £690 £650
UK excluding London median daily rate £623 £450 £425
% change year-on-year +38.33% +5.88%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Market Risk is in the generic IT skills category. The next 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.

Generic IT Skills
City of London
Contract job vacancies with a requirement for generic IT skills 1095 1201 1857
As % of all contract IT job vacancies advertised in the City of London 36.14% 36.11% 36.66%
Number of daily rates quoted 841 953 1419
Median daily rate £525 £500 £465
Median daily rate % change year-on-year +5.00% +7.52%  
90% offered a daily rate of more than £308 £319 £290
10% offered a daily rate of more than £650 £655 £625
UK excluding London median daily rate £396 £375 £375
% change year-on-year +5.46% -  
Number of hourly rates quoted 8 27 36
Median hourly rate £19.00 £19.00 £17.87
Median hourly rate % change year-on-year - +6.35%  
90% offered a hourly rate of more than £13.79 £12.00 £12.65
10% offered a hourly rate of more than £28.35 £35.60 £27.37
UK excluding London median hourly rate £18.84 £28.50 £18.75
% change year-on-year -33.89% +52.00%  

Market Risk
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Market Risk as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 3 months to 25 March 2017.

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 hourly rates quoted in IT contractor jobs citing Market Risk in the City of London.

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

Market Risk
Top 30 Related IT Skills in the City of London

For the 6 months to 25 March 2017, IT contractor jobs citing Market Risk also mentioned the following 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 with a requirement for Market Risk.

1 43 (64.18%) Finance
2 37 (55.22%) Banking
3 24 (35.82%) Risk Management
3 24 (35.82%) Credit Risk
4 23 (34.33%) Front Office
4 23 (34.33%) Agile Software Development
4 23 (34.33%) Java
5 18 (26.87%) Foreign Exchange (FX)
6 17 (25.37%) Analytics
7 15 (22.39%) Derivative
7 15 (22.39%) SQL
8 14 (20.90%) Mathematics
8 14 (20.90%) Investment Banking
9 13 (19.40%) Scrum
9 13 (19.40%) Multithreading
9 13 (19.40%) Big Data
9 13 (19.40%) Hadoop
10 12 (17.91%) Scala
10 12 (17.91%) Equities
10 12 (17.91%) SQL Server
11 10 (14.93%) Apache Spark
11 10 (14.93%) C++
12 8 (11.94%) Oracle
12 8 (11.94%) C#
12 8 (11.94%) Concurrent Programming
12 8 (11.94%) Haskell
12 8 (11.94%) Apache Cassandra
13 7 (10.45%) JIRA
13 7 (10.45%) Analytical Skills
13 7 (10.45%) Dodd-Frank

Market Risk
Top Related 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 10 (14.93%) Apache Spark
2 5 (7.46%) Apache Pig
2 5 (7.46%) Oracle Coherence
3 4 (5.97%) DataSynapse
4 1 (1.49%) JBoss
4 1 (1.49%) SAS
4 1 (1.49%) WebLogic
Applications
1 6 (8.96%) MS Office
2 3 (4.48%) MS Excel
3 1 (1.49%) MS Project
3 1 (1.49%) MS Visio
Business Applications
1 1 (1.49%) Adaptiv
1 1 (1.49%) SAP Oil and Gas
1 1 (1.49%) Sylvan
Communications & Networking
1 1 (1.49%) Internet
Database & Business Intelligence
1 13 (19.40%) Big Data
1 13 (19.40%) Hadoop
2 12 (17.91%) SQL Server
3 8 (11.94%) Apache Cassandra
4 6 (8.96%) Data Lake
5 5 (7.46%) Data Warehouse
6 2 (2.99%) HBase
6 2 (2.99%) Oracle Database
6 2 (2.99%) Power BI
6 2 (2.99%) SQL Server Reporting Services
7 1 (1.49%) BusinessObjects
7 1 (1.49%) Hazelcast
7 1 (1.49%) SQL Server Analysis Services
Development Applications
1 7 (10.45%) JIRA
2 6 (8.96%) Team Foundation Server
3 4 (5.97%) Visual Studio
4 3 (4.48%) Jenkins
5 2 (2.99%) Subversion
6 1 (1.49%) Cucumber
6 1 (1.49%) Git (software)
6 1 (1.49%) JSUnit
6 1 (1.49%) JUnit
6 1 (1.49%) PHPUnit
6 1 (1.49%) SpecFlow
General
1 43 (64.18%) Finance
2 37 (55.22%) Banking
3 23 (34.33%) Front Office
4 14 (20.90%) Investment Banking
5 3 (4.48%) Financial Institution
6 1 (1.49%) French Language
6 1 (1.49%) Marketing
Job Titles
1 32 (47.76%) Developer
2 17 (25.37%) Senior Developer
3 16 (23.88%) Java Developer
4 15 (22.39%) Market Risk Developer
5 14 (20.90%) Analyst
5 14 (20.90%) Business Analyst
5 14 (20.90%) Risk Analyst
5 14 (20.90%) Risk Business Analyst
6 13 (19.40%) Market Risk Java Developer
7 12 (17.91%) Market Risk Analyst
7 12 (17.91%) Senior Java Developer
8 11 (16.42%) Market Risk Business Analyst
8 11 (16.42%) Senior Market Risk Java Developer
9 10 (14.93%) Architect
10 8 (11.94%) Solutions Architect
11 7 (10.45%) Market Analyst
12 6 (8.96%) C++ Developer
12 6 (8.96%) IT Analyst
12 6 (8.96%) IT Risk Analyst
13 5 (7.46%) C# Developer
Libraries, Frameworks & Software Standards
1 5 (7.46%) .NET
2 4 (5.97%) Web Services
3 3 (4.48%) WPF
4 2 (2.99%) CORBA
4 2 (2.99%) J2EE
4 2 (2.99%) STL
4 2 (2.99%) WCF
4 2 (2.99%) XML
5 1 (1.49%) ASP.NET
5 1 (1.49%) ASP.NET MVC
5 1 (1.49%) jQuery
5 1 (1.49%) JSP
5 1 (1.49%) RabbitMQ
5 1 (1.49%) RESTful
5 1 (1.49%) Spring
5 1 (1.49%) XSD
Miscellaneous
1 24 (35.82%) Credit Risk
2 18 (26.87%) Foreign Exchange (FX)
3 15 (22.39%) Derivative
4 12 (17.91%) Equities
5 7 (10.45%) Analytical Skills
5 7 (10.45%) Fixed Income
6 3 (4.48%) Computer Science
6 3 (4.48%) Credit Derivative
7 2 (2.99%) Management Information System
7 2 (2.99%) Virtual Team
8 1 (1.49%) Enterprise Software
8 1 (1.49%) Fintech
8 1 (1.49%) Grid Computing
8 1 (1.49%) N-Tier
8 1 (1.49%) PMI
8 1 (1.49%) Reference Data
8 1 (1.49%) Tandem
8 1 (1.49%) Taxonomies
Operating Systems
1 2 (2.99%) Windows
Processes & Methodologies
1 24 (35.82%) Risk Management
2 23 (34.33%) Agile Software Development
3 17 (25.37%) Analytics
4 14 (20.90%) Mathematics
5 13 (19.40%) Multithreading
5 13 (19.40%) Scrum
6 8 (11.94%) Concurrent Programming
7 6 (8.96%) Collateral Management
7 6 (8.96%) Credit Risk Management
7 6 (8.96%) Data Architecture
7 6 (8.96%) Monte Carlo Method
7 6 (8.96%) SDLC
7 6 (8.96%) Stress Testing
7 6 (8.96%) TDD
8 5 (7.46%) Business Analysis
8 5 (7.46%) OO
9 4 (5.97%) Business Intelligence
9 4 (5.97%) Mathematical Modelling
10 3 (4.48%) Functional Programming
10 3 (4.48%) Multithreaded Programming
Programming Languages
1 23 (34.33%) Java
2 15 (22.39%) SQL
3 12 (17.91%) Scala
4 10 (14.93%) C++
5 8 (11.94%) C#
5 8 (11.94%) Haskell
6 7 (10.45%) Python
7 6 (8.96%) MATLAB
8 2 (2.99%) PowerShell
9 1 (1.49%) C
9 1 (1.49%) PL/SQL
9 1 (1.49%) VB
Qualifications
1 7 (10.45%) Degree
2 2 (2.99%) PhD
3 1 (1.49%) PMI Certification
Quality Assurance & Compliance
1 7 (10.45%) Dodd-Frank
2 1 (1.49%) Data Quality
2 1 (1.49%) EMIR
2 1 (1.49%) FATCA
2 1 (1.49%) MiFID
System Software
1 1 (1.49%) HDFS
Systems Management
1 2 (2.99%) Dollar Universe
2 1 (1.49%) HP Quality Center
2 1 (1.49%) Puppet
Vendors
1 8 (11.94%) Oracle
2 7 (10.45%) Microsoft
3 1 (1.49%) BISAM
3 1 (1.49%) Cloudera
3 1 (1.49%) FactSet
3 1 (1.49%) SAP
3 1 (1.49%) StatPro
3 1 (1.49%) Vertica
City, London
Hays Finance Technology
Rate: £450.00 - £500.00 per day
Posted: 4 days ago
City, London
Harvey Nash plc
Rate: £450 - £500 per day + None
Posted: 4 days ago
City, London
Harrington Starr
Rate: £600 - £700 per day
Posted: 3 days ago