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 24 June 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
London / City of London
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 144 146 150
Rank change year-on-year +2 +4  
Contract jobs citing Market Risk 22 19 58
As % of all contract IT jobs advertised in the City of London 0.67% 0.56% 1.00%
As % of the Miscellaneous category 1.60% 1.42% 2.65%
Number of daily rates quoted 22 14 54
Median daily rate £588 £675 £576
Median daily rate % change year-on-year -12.96% +17.13%  
90% offered a daily rate of more than £475 £586 £411
10% offered a daily rate of more than £699 £718 £625
UK excluding London median daily rate £463 £500 £525
% change year-on-year -7.50% -4.76%  
Number of hourly rates quoted 0 2 0
Median hourly rate - £65.00 -
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 1375 1337 2191
As % of all contract IT job vacancies advertised in the City of London 42.10% 39.52% 37.65%
Number of daily rates quoted 1039 1124 1747
Median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.52% -  
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £675 £650 £648
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 14 15 37
Median hourly rate £18.70 £17.50 £22.83
Median hourly rate % change year-on-year +6.82% -23.34%  
90% offered a hourly rate of more than £12.93 £12.50 £15.55
10% offered a hourly rate of more than £22.20 £65.00 £60.80
UK excluding London median hourly rate £25.00 £22.50 £18.69
% change year-on-year +11.11% +20.38%  

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 24 June 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 24 June 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 39 (70.91%) Finance
2 27 (49.09%) Banking
3 25 (45.45%) Risk Management
4 23 (41.82%) Credit Risk
5 20 (36.36%) Agile Software Development
6 17 (30.91%) SQL
7 15 (27.27%) Java
8 14 (25.45%) SQL Server
8 14 (25.45%) Front Office
9 12 (21.82%) JIRA
9 12 (21.82%) Analytics
10 11 (20.00%) Microsoft
10 11 (20.00%) C#
11 10 (18.18%) TDD
11 10 (18.18%) Dodd-Frank
12 9 (16.36%) Collateral Management
12 9 (16.36%) Team Foundation Server
12 9 (16.36%) Hadoop
12 9 (16.36%) Scrum
12 9 (16.36%) Credit Risk Management
13 8 (14.55%) Investment Banking
13 8 (14.55%) Big Data
14 7 (12.73%) Stress Testing
14 7 (12.73%) .NET
14 7 (12.73%) Microsoft Office
15 6 (10.91%) Visual Studio
15 6 (10.91%) Data Modelling
15 6 (10.91%) Back Office
15 6 (10.91%) Foreign Exchange (FX)
15 6 (10.91%) 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 4 (7.27%) Oracle Coherence
2 3 (5.45%) Apache Spark
2 3 (5.45%) DataSynapse
3 2 (3.64%) Apache
4 1 (1.82%) Apache Pig
4 1 (1.82%) Oracle SOA Suite
4 1 (1.82%) SAS
Applications
1 7 (12.73%) Microsoft Office
2 1 (1.82%) MS Visio
Business Applications
1 2 (3.64%) Sylvan
Communications & Networking
1 1 (1.82%) Internet
Database & Business Intelligence
1 14 (25.45%) SQL Server
2 9 (16.36%) Hadoop
3 8 (14.55%) Big Data
4 4 (7.27%) Oracle Database
5 3 (5.45%) HBase
6 2 (3.64%) NoSQL
6 2 (3.64%) Relational Database
7 1 (1.82%) Apache Cassandra
7 1 (1.82%) BusinessObjects
7 1 (1.82%) Data Lake
7 1 (1.82%) Data Mining
7 1 (1.82%) Data Warehouse
7 1 (1.82%) Hazelcast
7 1 (1.82%) Oracle Database 11g
7 1 (1.82%) Power BI
7 1 (1.82%) RDBMS
7 1 (1.82%) SQL Server Reporting Services
Development Applications
1 12 (21.82%) JIRA
2 9 (16.36%) Team Foundation Server
3 6 (10.91%) Visual Studio
4 3 (5.45%) Jenkins
4 3 (5.45%) SpecFlow
5 2 (3.64%) FitNesse
6 1 (1.82%) Atlassian Bamboo
6 1 (1.82%) Git (software)
General
1 39 (70.91%) Finance
2 27 (49.09%) Banking
3 14 (25.45%) Front Office
4 8 (14.55%) Investment Banking
5 6 (10.91%) Back Office
6 2 (3.64%) French Language
7 1 (1.82%) Financial Institution
7 1 (1.82%) Retail
Job Titles
1 18 (32.73%) Analyst
2 16 (29.09%) Developer
3 13 (23.64%) Architect
4 12 (21.82%) Risk Analyst
5 11 (20.00%) Solutions Architect
6 10 (18.18%) Business Analyst
6 10 (18.18%) Market Risk Analyst
6 10 (18.18%) Risk Business Analyst
7 8 (14.55%) Senior Developer
8 7 (12.73%) Java Developer
8 7 (12.73%) Market Risk Business Analyst
9 6 (10.91%) Credit Analyst
9 6 (10.91%) Credit Risk Analyst
9 6 (10.91%) IT Analyst
9 6 (10.91%) IT Risk Analyst
9 6 (10.91%) Senior Analyst
9 6 (10.91%) Senior Java Developer
10 5 (9.09%) Market Risk Developer
10 5 (9.09%) Market Risk Java Developer
10 5 (9.09%) Support Analyst
Libraries, Frameworks & Software Standards
1 7 (12.73%) .NET
2 4 (7.27%) WPF
3 3 (5.45%) WCF
3 3 (5.45%) Web Services
4 2 (3.64%) ASP.NET
4 2 (3.64%) LINQ
4 2 (3.64%) Spring
5 1 (1.82%) ASP.NET MVC
5 1 (1.82%) D3.js
5 1 (1.82%) HTML
5 1 (1.82%) J2EE
5 1 (1.82%) JPA
5 1 (1.82%) RabbitMQ
5 1 (1.82%) Spring MVC
5 1 (1.82%) Spring Web Flow
Miscellaneous
1 23 (41.82%) Credit Risk
2 6 (10.91%) Foreign Exchange (FX)
3 5 (9.09%) Fixed Income
4 4 (7.27%) Derivative
5 3 (5.45%) Analytical Skills
5 3 (5.45%) Equities
6 2 (3.64%) Enterprise Software
6 2 (3.64%) Fintech
6 2 (3.64%) Virtual Team
7 1 (1.82%) Computer Science
7 1 (1.82%) Greenfield Project
7 1 (1.82%) Grid Computing
7 1 (1.82%) Reference Data
7 1 (1.82%) User Experience
Operating Systems
1 3 (5.45%) Windows
2 2 (3.64%) Linux
2 2 (3.64%) Unix
Processes & Methodologies
1 25 (45.45%) Risk Management
2 20 (36.36%) Agile Software Development
3 12 (21.82%) Analytics
4 10 (18.18%) TDD
5 9 (16.36%) Collateral Management
5 9 (16.36%) Credit Risk Management
5 9 (16.36%) Scrum
6 7 (12.73%) Stress Testing
7 6 (10.91%) Data Architecture
7 6 (10.91%) Data Modelling
8 5 (9.09%) Business Analysis
8 5 (9.09%) Monte Carlo Method
8 5 (9.09%) Multithreading
8 5 (9.09%) SDLC
9 4 (7.27%) Data Analysis
10 3 (5.45%) Continuous Integration
10 3 (5.45%) Data Integration
10 3 (5.45%) ETL
10 3 (5.45%) Translating Business Requirements
10 3 (5.45%) Workflow
Programming Languages
1 17 (30.91%) SQL
2 15 (27.27%) Java
3 11 (20.00%) C#
4 5 (9.09%) C++
5 4 (7.27%) PowerShell
5 4 (7.27%) Scala
6 3 (5.45%) Python
7 2 (3.64%) R
8 1 (1.82%) C
8 1 (1.82%) Haskell
8 1 (1.82%) JavaScript
8 1 (1.82%) MATLAB
8 1 (1.82%) PL/SQL
8 1 (1.82%) VB
8 1 (1.82%) VBA
Qualifications
1 2 (3.64%) Degree
2 1 (1.82%) Computer Science Degree
2 1 (1.82%) PhD
Quality Assurance & Compliance
1 10 (18.18%) Dodd-Frank
2 2 (3.64%) Data Quality
3 1 (1.82%) EMIR
3 1 (1.82%) FATCA
3 1 (1.82%) MiFID
Systems Management
1 3 (5.45%) Dollar Universe
2 1 (1.82%) BladeLogic
2 1 (1.82%) Control-M
2 1 (1.82%) HP Quality Center
Vendors
1 11 (20.00%) Microsoft
2 5 (9.09%) Oracle
3 2 (3.64%) BISAM
3 2 (3.64%) Calypso
3 2 (3.64%) FactSet
3 2 (3.64%) Murex
3 2 (3.64%) StatPro
4 1 (1.82%) Atlassian
4 1 (1.82%) Cloudera
4 1 (1.82%) Remedy
4 1 (1.82%) Sophis
4 1 (1.82%) Vertica
City, London
Haysfm
Rate: £550.00 - £650.00 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £500 - £700 per annum
Posted: 3 days ago