The median contractor rate for a Risk Analyst was £600 per day in advertised job vacancies in the City of London during the 3 months to 27 June 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Risk Analyst
London / City of London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 155 138 141
Rank change year-on-year -17 +3  
Contract jobs requiring a Risk Analyst 9 25 60
As % of all contract IT jobs advertised in the City of London 0.27% 0.74% 1.05%
As % of the Job Titles category 0.29% 0.77% 1.10%
Number of daily rates quoted 8 24 56
Median daily rate £600 £525 £575
Median daily rate % change year-on-year +14.28% -8.69%  
90% offered a daily rate of more than £528 £373 £436
10% offered a daily rate of more than £706 £662 £625
UK excluding London median daily rate £425 £425 £445
% change year-on-year - -4.49%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 3152 3242 5437
As % of all contract IT job vacancies advertised in the City of London 95.40% 95.72% 94.75%
Number of daily rates quoted 2407 2629 4189
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £325 £313 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 39 38 96
Median hourly rate £18.70 £19.00 £19.72
Median hourly rate % change year-on-year -1.57% -3.62%  
90% offered a hourly rate of more than £12.93 £12.50 £10.50
10% offered a hourly rate of more than £30.00 £31.50 £37.05
UK excluding London median hourly rate £17.50 £17.50 £16.14
% change year-on-year - +8.42%  

Risk Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Risk Analyst in the job title.

Job vacancy trend for Risk Analyst in the City of London

Risk Analyst
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 Risk Analyst in the City of London.

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

Risk Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Risk Analyst in the City of London over the 3 months to 27 June 2017.

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

Risk Analyst
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 Risk Analyst in the City of London.

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

Risk Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 27 June 2017, Risk Analyst contract jobs required the following IT 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 featuring Risk Analyst in the job title.

1 13 (56.52%) Finance
2 12 (52.17%) Risk Management
2 12 (52.17%) Market Risk
3 11 (47.83%) Banking
4 9 (39.13%) SQL
5 8 (34.78%) SQL Server
6 7 (30.43%) Microsoft
6 7 (30.43%) Business Analysis
6 7 (30.43%) Agile Software Development
6 7 (30.43%) Credit Risk
6 7 (30.43%) JIRA
6 7 (30.43%) Team Foundation Server
6 7 (30.43%) Collateral Management
6 7 (30.43%) Dodd-Frank
6 7 (30.43%) Credit Risk Management
7 6 (26.09%) Investment Banking
8 5 (21.74%) Scrum
8 5 (21.74%) Microsoft Office
8 5 (21.74%) Stress Testing
9 4 (17.39%) Degree
9 4 (17.39%) Analytical Skills
9 4 (17.39%) Visual Studio
10 3 (13.04%) Workflow
10 3 (13.04%) Front Office
10 3 (13.04%) Stakeholder Management
10 3 (13.04%) Web Services
10 3 (13.04%) Performance Monitoring
10 3 (13.04%) Analytics
10 3 (13.04%) Jenkins
10 3 (13.04%) PowerShell

Risk Analyst Skill Set
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:

Applications
1 5 (21.74%) Microsoft Office
2 1 (4.35%) Microsoft Excel
2 1 (4.35%) Microsoft PowerPoint
2 1 (4.35%) MS Visio
Communications & Networking
1 1 (4.35%) Internet
Database & Business Intelligence
1 8 (34.78%) SQL Server
2 2 (8.70%) Hadoop
3 1 (4.35%) Big Data
3 1 (4.35%) HBase
Development Applications
1 7 (30.43%) JIRA
1 7 (30.43%) Team Foundation Server
2 4 (17.39%) Visual Studio
3 3 (13.04%) Jenkins
General
1 13 (56.52%) Finance
2 11 (47.83%) Banking
3 6 (26.09%) Investment Banking
4 3 (13.04%) Front Office
5 1 (4.35%) Back Office
5 1 (4.35%) Legal
5 1 (4.35%) Private Banking
5 1 (4.35%) Retail
5 1 (4.35%) Retail Banking
Libraries, Frameworks & Software Standards
1 3 (13.04%) Web Services
2 1 (4.35%) .NET
Miscellaneous
1 12 (52.17%) Market Risk
2 7 (30.43%) Credit Risk
3 4 (17.39%) Analytical Skills
4 1 (4.35%) Fixed Income
Operating Systems
1 1 (4.35%) Linux
1 1 (4.35%) Unix
Processes & Methodologies
1 12 (52.17%) Risk Management
2 7 (30.43%) Agile Software Development
2 7 (30.43%) Business Analysis
2 7 (30.43%) Collateral Management
2 7 (30.43%) Credit Risk Management
3 5 (21.74%) Scrum
3 5 (21.74%) Stress Testing
4 3 (13.04%) Analytics
4 3 (13.04%) Performance Monitoring
4 3 (13.04%) Stakeholder Management
4 3 (13.04%) Workflow
5 2 (8.70%) Data Analysis
5 2 (8.70%) Data Management
5 2 (8.70%) Mathematics
5 2 (8.70%) Project Management
5 2 (8.70%) Risk Analysis
5 2 (8.70%) Risk Analytics
5 2 (8.70%) Scenario Testing
5 2 (8.70%) Stakeholder Engagement
6 1 (4.35%) Fraud Detection
Programming Languages
1 9 (39.13%) SQL
2 3 (13.04%) PowerShell
3 2 (8.70%) C#
4 1 (4.35%) PL/SQL
4 1 (4.35%) Python
4 1 (4.35%) R
Qualifications
1 4 (17.39%) Degree
2 2 (8.70%) Master's Degree
Quality Assurance & Compliance
1 7 (30.43%) Dodd-Frank
2 2 (8.70%) QA
3 1 (4.35%) Data Quality
Systems Management
1 3 (13.04%) Dollar Universe
Vendors
1 7 (30.43%) Microsoft
2 1 (4.35%) Bloomberg
2 1 (4.35%) FactSet
2 1 (4.35%) Oracle