Period
to 23 November 2017

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 23 November 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.

Market Risk
Central London > City of London
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 186 178 174
Rank change year-on-year -8 -4 +2
Contract jobs citing Market Risk 62 64 99
As % of all contract IT jobs advertised in the City of London 0.87% 0.96% 1.09%
As % of the Miscellaneous category 2.00% 2.34% 2.77%
Number of daily rates quoted 48 54 88
City of London median daily rate £636 £650 £550
Median daily rate % change year-on-year -2.12% +18.18% -
10th Percentile £463 £438 £375
90th Percentile £753 £818 £675
Central London median daily rate £636 £650 £550
% change year-on-year -2.12% +18.18% -
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 3100 2736 3571
As % of all contract IT jobs advertised in the City of London 43.42% 40.85% 39.48%
Number of daily rates quoted 2410 2129 2836
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £725 £675 £664
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 36 30 55
City of London median hourly rate £22.75 £19.00 £20.00
Median hourly rate % change year-on-year +19.74% -5.00% +14.29%
10th Percentile £13.16 £11.25 £12.00
90th Percentile £33.81 £55.00 £42.15
Central London median hourly rate £21.71 £18.45 £20.00
% change year-on-year +17.66% -7.75% +14.29%

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 23 November 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 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 23 November 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 46 (74.19%) Finance
2 24 (38.71%) Java
2 24 (38.71%) SQL
2 24 (38.71%) Front Office
2 24 (38.71%) Agile Software Development
3 22 (35.48%) Risk Management
4 21 (33.87%) Banking
5 17 (27.42%) Credit Risk
6 15 (24.19%) TDD
7 14 (22.58%) Scala
7 14 (22.58%) Hadoop
8 13 (20.97%) SDLC
8 13 (20.97%) Data Modelling
9 12 (19.35%) Investment Banking
9 12 (19.35%) Derivative
9 12 (19.35%) HBase
9 12 (19.35%) Big Data
9 12 (19.35%) Analytics
10 11 (17.74%) Apache Spark
10 11 (17.74%) C#
11 10 (16.13%) JavaScript
11 10 (16.13%) AngularJS
11 10 (16.13%) Akka
11 10 (16.13%) Kafka
11 10 (16.13%) Node.js
11 10 (16.13%) BDD
12 9 (14.52%) HDFS
13 8 (12.90%) Oracle
13 8 (12.90%) Python
13 8 (12.90%) Data Architecture

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 11 (17.74%) Apache Spark
2 3 (4.84%) Oracle Coherence
3 2 (3.23%) SAS
3 2 (3.23%) Tomcat
4 1 (1.61%) Apache
Applications
1 4 (6.45%) MS Visio
2 2 (3.23%) Microsoft Excel
2 2 (3.23%) Microsoft Office
3 1 (1.61%) Spreadsheet
Business Applications
1 1 (1.61%) Oracle General Ledger
1 1 (1.61%) Sylvan
Communications & Networking
1 1 (1.61%) SMS
Database & Business Intelligence
1 14 (22.58%) Hadoop
2 12 (19.35%) Big Data
2 12 (19.35%) HBase
3 7 (11.29%) Apache Hive
4 6 (9.68%) Impala
5 5 (8.06%) NoSQL
5 5 (8.06%) SQL Server
6 4 (6.45%) MongoDB
6 4 (6.45%) OLAP
6 4 (6.45%) Oracle BI EE
6 4 (6.45%) Oracle Discoverer
6 4 (6.45%) Oracle OLAP
6 4 (6.45%) Snowflake Schema
7 3 (4.84%) Apache Cassandra
7 3 (4.84%) Spark SQL
8 2 (3.23%) Data Warehouse
8 2 (3.23%) DataStage
8 2 (3.23%) PowerCenter
8 2 (3.23%) SAS Enterprise Guide
8 2 (3.23%) SQL Server Analysis Services
Development Applications
1 7 (11.29%) Git (software)
2 6 (9.68%) JIRA
3 4 (6.45%) ERwin
4 3 (4.84%) Cucumber
4 3 (4.84%) Maven
4 3 (4.84%) SonarQube
4 3 (4.84%) TeamCity
5 2 (3.23%) Toad
5 2 (3.23%) Visual Studio
6 1 (1.61%) FitNesse
6 1 (1.61%) GCC
6 1 (1.61%) SpecFlow
6 1 (1.61%) Team Foundation Server
General
1 46 (74.19%) Finance
2 24 (38.71%) Front Office
3 21 (33.87%) Banking
4 12 (19.35%) Investment Banking
5 5 (8.06%) Financial Institution
6 2 (3.23%) Back Office
6 2 (3.23%) International Banking
7 1 (1.61%) General Ledger
7 1 (1.61%) Wholesale Banking
Job Titles
1 28 (45.16%) Developer
2 13 (20.97%) Analyst
3 11 (17.74%) Business Analyst
4 9 (14.52%) Senior Analyst
5 7 (11.29%) Apache Spark Developer
5 7 (11.29%) Big Data Developer
5 7 (11.29%) Scala Developer
5 7 (11.29%) Senior Business Analyst
6 6 (9.68%) Analytics Developer
6 6 (9.68%) Angular Developer
6 6 (9.68%) GUI Developer
6 6 (9.68%) JavaScript Developer
6 6 (9.68%) Node.js Developer
6 6 (9.68%) Project Manager
6 6 (9.68%) Quantitative Developer
6 6 (9.68%) Web Applications Developer
7 5 (8.06%) Risk Analyst
7 5 (8.06%) Risk Business Analyst
7 5 (8.06%) Risk Manager
7 5 (8.06%) Risk Project Manager
Libraries, Frameworks & Software Standards
1 10 (16.13%) Akka
1 10 (16.13%) AngularJS
1 10 (16.13%) Kafka
1 10 (16.13%) Node.js
2 7 (11.29%) .NET
3 5 (8.06%) WPF
4 4 (6.45%) Backbone.js
4 4 (6.45%) CSS
4 4 (6.45%) CSS3
4 4 (6.45%) HTML
4 4 (6.45%) HTML5
4 4 (6.45%) React
4 4 (6.45%) Redux
4 4 (6.45%) Sass
4 4 (6.45%) WCF
5 3 (4.84%) Apache Avro
5 3 (4.84%) Gherkin
5 3 (4.84%) LINQ
5 3 (4.84%) OpenCL
5 3 (4.84%) RESTful
Miscellaneous
1 17 (27.42%) Credit Risk
2 12 (19.35%) Derivative
3 7 (11.29%) Analytical Skills
4 6 (9.68%) Fixed Income
4 6 (9.68%) Foreign Exchange (FX)
5 4 (6.45%) Equities
5 4 (6.45%) User Experience
6 3 (4.84%) Interest Rate Derivative
7 1 (1.61%) Computer Science
7 1 (1.61%) Credit Derivative
7 1 (1.61%) Enterprise Software
7 1 (1.61%) Equity Derivative
7 1 (1.61%) Exotic Derivative
7 1 (1.61%) Grid Computing
7 1 (1.61%) Swaptions
7 1 (1.61%) Virtual Team
Operating Systems
1 6 (9.68%) Linux
2 2 (3.23%) Unix
2 2 (3.23%) Windows
Processes & Methodologies
1 24 (38.71%) Agile Software Development
2 22 (35.48%) Risk Management
3 15 (24.19%) TDD
4 13 (20.97%) Data Modelling
4 13 (20.97%) SDLC
5 12 (19.35%) Analytics
6 10 (16.13%) BDD
7 8 (12.90%) Data Architecture
8 7 (11.29%) Asset Management
8 7 (11.29%) User Acceptance Testing
9 6 (9.68%) ETL
9 6 (9.68%) Front End Development
9 6 (9.68%) OO
9 6 (9.68%) Scrum
10 5 (8.06%) Open Source
10 5 (8.06%) PnL Attribution
10 5 (8.06%) Stress Testing
11 4 (6.45%) Data Mapping
11 4 (6.45%) Kimball Methodology
11 4 (6.45%) Technical Analysis
Programming Languages
1 24 (38.71%) Java
1 24 (38.71%) SQL
2 14 (22.58%) Scala
3 11 (17.74%) C#
4 10 (16.13%) JavaScript
5 8 (12.90%) Python
6 4 (6.45%) ES6
6 4 (6.45%) PL/SQL
7 3 (4.84%) Bash Shell
7 3 (4.84%) C++
8 2 (3.23%) R
8 2 (3.23%) SAS Macro
8 2 (3.23%) VBA
9 1 (1.61%) Perl
9 1 (1.61%) T-SQL
Qualifications
1 3 (4.84%) Degree
1 3 (4.84%) Master's Degree
2 2 (3.23%) PMI Certification
2 2 (3.23%) PMP
Quality Assurance & Compliance
1 2 (3.23%) Dodd-Frank
1 2 (3.23%) QA
2 1 (1.61%) Data Quality
2 1 (1.61%) EMIR
2 1 (1.61%) MiFID
System Software
1 9 (14.52%) HDFS
2 3 (4.84%) Apache ZooKeeper
Systems Management
1 3 (4.84%) Mesos
2 2 (3.23%) Control-M
Vendors
1 8 (12.90%) Oracle
2 6 (9.68%) Informatica
2 6 (9.68%) Microsoft
3 4 (6.45%) Cognos
3 4 (6.45%) Tableau
4 3 (4.84%) Murex
5 1 (1.61%) BISAM
5 1 (1.61%) FactSet
5 1 (1.61%) StatPro
5 1 (1.61%) Sybase