Period
to 13 August 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 13 August 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
13 Aug 2020
Same period 2019 Same period 2018
Rank 112 216 211
Rank change year-on-year +104 -5 -8
Contract jobs citing Market Risk 19 17 47
As % of all contract jobs advertised in the City of London 0.88% 0.26% 0.67%
As % of the Miscellaneous category 2.47% 0.81% 1.64%
Number of daily rates quoted 16 15 46
Median daily rate £581 £600 £613
Median daily rate % change year-on-year -3.13% -2.04% +3.59%
10th Percentile £456 £450 £525
90th Percentile £706 £710 £741
Central London median daily rate £581 £600 £613
% change year-on-year -3.13% -2.04% +3.59%
Number of hourly rates quoted 0 0 0
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 770 2,107 2,863
As % of all contract IT jobs advertised in the City of London 35.68% 32.56% 40.91%
Number of daily rates quoted 500 1,563 2,176
Median daily rate £525 £525 £525
10th Percentile £325 £325 £313
90th Percentile £701 £675 £725
Central London median daily rate £516 £525 £518
% change year-on-year -1.67% +1.45% -1.43%
Number of hourly rates quoted 36 46 56
Median hourly rate £35.25 £20.67 £20.00
Median hourly rate % change year-on-year +70.58% +3.33% -5.56%
10th Percentile £13.38 £11.25 £14.53
90th Percentile £47.75 £56.00 £45.07
Median hourly rate £35.25 £20.92 £20.00
% change year-on-year +68.54% +4.58% +6.95%

Market Risk
Job Vacancy Trend in the City of London

Job postings citing Market Risk as a proportion 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

3-month moving average daily rate quoted in jobs citing Market Risk in the City of London.

Daily rate trend for Market Risk in the City of London

Market Risk
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Market Risk in the City of London over the 6 months to 13 August 2020.

Daily rate histogram for Market Risk in the City of London

Market Risk
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Market Risk in the City of London.

Hourly rate trend for Market Risk in the City of London

For the 6 months to 13 August 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 11 (57.89%) Finance
2 9 (47.37%) Java
3 7 (36.84%) Banking
3 7 (36.84%) Credit Risk
4 6 (31.58%) Agile Software Development
4 6 (31.58%) Python
4 6 (31.58%) Risk Management
5 5 (26.32%) Apache Spark
6 4 (21.05%) Microsoft
6 4 (21.05%) SQL
6 4 (21.05%) TDD
6 4 (21.05%) Investment Banking
6 4 (21.05%) Stress Testing
6 4 (21.05%) SDLC
6 4 (21.05%) Analytics
6 4 (21.05%) Multithreading
6 4 (21.05%) Scenario Testing
6 4 (21.05%) Java 8
7 3 (15.79%) Thought Leadership
7 3 (15.79%) Databricks
7 3 (15.79%) Parquet
7 3 (15.79%) Sonatype Nexus
7 3 (15.79%) Continuous Integration
7 3 (15.79%) TeamCity
7 3 (15.79%) Git (software)
7 3 (15.79%) Product Management
7 3 (15.79%) Azure
7 3 (15.79%) AWS
7 3 (15.79%) R
7 3 (15.79%) Apache Avro

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 5 (26.32%) Apache Spark
2 3 (15.79%) Apache
Applications
1 1 (5.26%) Microsoft Excel
Cloud Services
1 3 (15.79%) AWS
1 3 (15.79%) Azure
1 3 (15.79%) GitHub
Database & Business Intelligence
1 3 (15.79%) Big Data
1 3 (15.79%) Parquet
2 2 (10.53%) Hadoop
2 2 (10.53%) SQL Server
3 1 (5.26%) Relational Database
3 1 (5.26%) SQL Server Integration Services
Development Applications
1 3 (15.79%) Git (software)
1 3 (15.79%) Sonatype Nexus
1 3 (15.79%) TeamCity
2 2 (10.53%) Maven
General
1 11 (57.89%) Finance
2 7 (36.84%) Banking
3 4 (21.05%) Investment Banking
4 3 (15.79%) Retail
5 2 (10.53%) Front Office
6 1 (5.26%) Back Office
6 1 (5.26%) Financial Institution
6 1 (5.26%) International Banking
Job Titles
1 11 (57.89%) Developer
2 6 (31.58%) Java Developer
3 5 (26.32%) Analyst
3 5 (26.32%) Business Analyst
4 4 (21.05%) Python Developer
5 3 (15.79%) Quantitative Developer
6 2 (10.53%) Programmer
6 2 (10.53%) Risk Analyst
6 2 (10.53%) Risk Business Analyst
7 1 (5.26%) Architect
7 1 (5.26%) Business IT Analyst
7 1 (5.26%) Domain Architect
7 1 (5.26%) IT Analyst
7 1 (5.26%) IT Risk Analyst
7 1 (5.26%) Lead Business Analyst
7 1 (5.26%) Market Risk Analyst
7 1 (5.26%) Market Risk Business Analyst
7 1 (5.26%) Market Risk Developer
7 1 (5.26%) Murex Business Analyst
7 1 (5.26%) UI Developer
Libraries, Frameworks & Software Standards
1 3 (15.79%) .NET
1 3 (15.79%) Apache Avro
1 3 (15.79%) Spring
2 2 (10.53%) Kafka
2 2 (10.53%) Web Services
3 1 (5.26%) .NET Framework
3 1 (5.26%) ASP.NET
3 1 (5.26%) ASP.NET MVC
3 1 (5.26%) JSON
3 1 (5.26%) Managed Extensibility Framework
3 1 (5.26%) Pandas
3 1 (5.26%) REST
3 1 (5.26%) WCF
3 1 (5.26%) WinForms
3 1 (5.26%) WPF
Miscellaneous
1 7 (36.84%) Credit Risk
2 3 (15.79%) Analytical Skills
3 2 (10.53%) Derivative
3 2 (10.53%) Foreign Exchange (FX)
3 2 (10.53%) Management Information System
4 1 (5.26%) Credit Derivative
4 1 (5.26%) Fixed Income
Operating Systems
1 2 (10.53%) Linux
Processes & Methodologies
1 6 (31.58%) Agile Software Development
1 6 (31.58%) Risk Management
2 4 (21.05%) Analytics
2 4 (21.05%) Multithreading
2 4 (21.05%) Scenario Testing
2 4 (21.05%) SDLC
2 4 (21.05%) Stress Testing
2 4 (21.05%) TDD
3 3 (15.79%) Asset Management
3 3 (15.79%) Continuous Integration
3 3 (15.79%) Mathematics
3 3 (15.79%) Product Management
3 3 (15.79%) Thought Leadership
3 3 (15.79%) Validation
4 2 (10.53%) Financial Modelling
4 2 (10.53%) Project Delivery
4 2 (10.53%) Risk Analytics
4 2 (10.53%) SOA
4 2 (10.53%) Technical Analysis
4 2 (10.53%) Test Automation
Programming Languages
1 9 (47.37%) Java
2 6 (31.58%) Python
3 4 (21.05%) Java 8
3 4 (21.05%) SQL
4 3 (15.79%) C++
4 3 (15.79%) R
4 3 (15.79%) Shell Script
5 2 (10.53%) C#
6 1 (5.26%) T-SQL
6 1 (5.26%) VBA
Qualifications
1 1 (5.26%) Degree
1 1 (5.26%) Master's Degree
Quality Assurance & Compliance
1 3 (15.79%) QA
2 1 (5.26%) SLA
System Software
1 3 (15.79%) Docker
Systems Management
1 3 (15.79%) Kubernetes
Vendors
1 4 (21.05%) Microsoft
2 3 (15.79%) Databricks
2 3 (15.79%) MapR
3 2 (10.53%) Murex