Period
to 28 July 2021

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Risk Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Risk Management over the 6 months to 28 July 2021 with a comparison to the 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 Management
Central London > City of London
6 months to
28 Jul 2021
Same period 2020 Same period 2019
Rank 78 63 128
Rank change year-on-year -15 +65 -4
Contract jobs citing Risk Management 105 82 117
As % of all contract jobs advertised in the City of London 3.07% 3.43% 1.78%
As % of the Processes & Methodologies category 3.37% 3.88% 1.97%
Number of daily rates quoted 82 59 81
10th Percentile £411 £413 £410
25th Percentile £502 £454 £488
Median daily rate (50th Percentile) £569 £533 £600
Median % change year-on-year +6.81% -11.25% +4.35%
75th Percentile £675 £634 £675
90th Percentile £750 £755 £735
Central London median daily rate £575 £550 £575
% change year-on-year +4.55% -4.35% -
Number of hourly rates quoted 1 4 0
Median hourly rate £14.50 £38.48 -
Median % change year-on-year -62.31% - -
Central London median hourly rate £20.00 £38.48 -
% change year-on-year -48.02% - -

Risk Management is in the Processes and Methodologies 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 process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 3,112 2,116 5,948
As % of all contract IT jobs advertised in the City of London 91.07% 88.57% 90.48%
Number of daily rates quoted 2,283 1,567 4,676
10th Percentile £363 £338 £350
25th Percentile £450 £422 £425
Median daily rate (50th Percentile) £550 £525 £525
Median % change year-on-year +4.76% - +2.44%
75th Percentile £642 £601 £600
90th Percentile £725 £688 £675
Central London median daily rate £550 £513 £525
% change year-on-year +7.32% -2.38% +5.00%
Number of hourly rates quoted 37 43 68
10th Percentile £10.10 £12.43 £11.25
25th Percentile £14.25 £14.44 £12.70
Median hourly rate £23.45 £27.50 £19.13
Median % change year-on-year -14.73% +43.79% +2.27%
75th Percentile £33.75 £39.63 £37.50
90th Percentile £53.80 £51.55 £47.53
Central London median hourly rate £22.50 £30.05 £19.50
% change year-on-year -25.12% +54.10% +4.28%

Risk Management
Job Vacancy Trend in the City of London

Job postings citing Risk Management as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Risk Management in the City of London

Risk Management
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Risk Management in the City of London

Risk Management
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Risk Management in the City of London over the 6 months to 28 July 2021.

Daily rate histogram for Risk Management in the City of London

Risk Management
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for Risk Management in the City of London

For the 6 months to 28 July 2021, IT contractor jobs citing Risk Management 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 Risk Management.

1 60 (57.14%) Finance
2 37 (35.24%) Banking
3 30 (28.57%) Social Skills
4 24 (22.86%) Agile Software Development
5 23 (21.90%) Front Office
6 22 (20.95%) Project Management
7 19 (18.10%) Cybersecurity
8 18 (17.14%) ISO/IEC 27001
9 17 (16.19%) Investment Banking
9 17 (16.19%) Degree
10 16 (15.24%) Change Management
11 15 (14.29%) Information Security
11 15 (14.29%) Azure
12 14 (13.33%) Java
13 13 (12.38%) Stakeholder Management
14 12 (11.43%) Migration
14 12 (11.43%) Management Information System
14 12 (11.43%) Microsoft
14 12 (11.43%) Credit Risk
15 11 (10.48%) Active Directory
15 11 (10.48%) Microsoft 365
15 11 (10.48%) Low Latency
16 10 (9.52%) Analytical Skills
16 10 (9.52%) SQL
16 10 (9.52%) VMware
16 10 (9.52%) Multithreading
16 10 (9.52%) Electronic Trading
16 10 (9.52%) VMware Infrastructure
16 10 (9.52%) Data Analysis
17 9 (8.57%) C#

Risk Management
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 3 (2.86%) SharePoint
2 2 (1.90%) JBoss
2 2 (1.90%) Oracle Coherence
3 1 (0.95%) Apache
3 1 (0.95%) Appian
3 1 (0.95%) Confluence
3 1 (0.95%) IIS
3 1 (0.95%) Oracle SOA Suite
Applications
1 3 (2.86%) Microsoft Excel
2 2 (1.90%) Microsoft Office
3 1 (0.95%) Microsoft PowerPoint
3 1 (0.95%) Microsoft Project
Business Applications
1 1 (0.95%) Orchestrade
1 1 (0.95%) Primavera
1 1 (0.95%) SAP Hybris
Cloud Services
1 15 (14.29%) Azure
2 11 (10.48%) Microsoft 365
3 5 (4.76%) AWS
4 3 (2.86%) Power Platform
5 2 (1.90%) Azure Active Directory
6 1 (0.95%) Amazon EC2
6 1 (0.95%) Amazon S3
6 1 (0.95%) Cloud Computing
6 1 (0.95%) IaaS
6 1 (0.95%) Mimecast
6 1 (0.95%) PaaS
6 1 (0.95%) PowerApps
Communications & Networking
1 6 (5.71%) DHCP
1 6 (5.71%) DNS
2 2 (1.90%) Multicast
2 2 (1.90%) Network Security
3 1 (0.95%) Firewall
3 1 (0.95%) FIX Connectivity
3 1 (0.95%) Internet
3 1 (0.95%) LAN
3 1 (0.95%) WAN
3 1 (0.95%) Wi-Fi
Database & Business Intelligence
1 6 (5.71%) SQL Server
2 4 (3.81%) Data Warehouse
3 3 (2.86%) Power BI
3 3 (2.86%) SQL Server Analysis Services
4 2 (1.90%) Oracle Database
4 2 (1.90%) SQL Server Reporting Services
5 1 (0.95%) Big Data
5 1 (0.95%) Microsoft Analysis Services
5 1 (0.95%) MS Access
5 1 (0.95%) MySQL
5 1 (0.95%) Oracle Database 11g
5 1 (0.95%) Oracle Database 12c
5 1 (0.95%) RDBMS
5 1 (0.95%) Relational Database
5 1 (0.95%) SQL Server Integration Services
5 1 (0.95%) SSDT
Development Applications
1 6 (5.71%) Maven
2 4 (3.81%) TeamCity
3 2 (1.90%) GCC
3 2 (1.90%) GDB
3 2 (1.90%) Octopus Deploy
4 1 (0.95%) Ant
4 1 (0.95%) ANTLR
4 1 (0.95%) Cucumber
4 1 (0.95%) Cypress.io
4 1 (0.95%) Eclipse
4 1 (0.95%) Git (software)
4 1 (0.95%) Gradle
4 1 (0.95%) JBehave
4 1 (0.95%) JIRA
4 1 (0.95%) Selenium
4 1 (0.95%) SpecFlow
4 1 (0.95%) SQL Server Management Studio (SSMS)
4 1 (0.95%) Subversion
4 1 (0.95%) Team Foundation Server
4 1 (0.95%) Visual Studio
General
1 60 (57.14%) Finance
2 37 (35.24%) Banking
3 30 (28.57%) Social Skills
4 23 (21.90%) Front Office
5 17 (16.19%) Investment Banking
6 10 (9.52%) Analytical Skills
7 6 (5.71%) Financial Institution
8 5 (4.76%) Law
9 4 (3.81%) International Banking
10 3 (2.86%) Marketing
10 3 (2.86%) Organisational Skills
10 3 (2.86%) Public Sector
11 2 (1.90%) Influencing Skills
11 2 (1.90%) Legal
11 2 (1.90%) Prime Brokerage
11 2 (1.90%) Retail
11 2 (1.90%) Telecoms
12 1 (0.95%) Back Office
12 1 (0.95%) Local Government
12 1 (0.95%) Private Banking
Job Titles
1 28 (26.67%) Developer
2 19 (18.10%) Analyst
3 10 (9.52%) Java Developer
4 9 (8.57%) Project Manager
5 7 (6.67%) Security Engineer
6 6 (5.71%) C# Developer
6 6 (5.71%) Consultant
6 6 (5.71%) IT Manager
6 6 (5.71%) Risk Analyst
6 6 (5.71%) Senior Developer
7 5 (4.76%) Banking Analyst
7 5 (4.76%) Business Analyst
7 5 (4.76%) Compliance Officer
7 5 (4.76%) Data Compliance Officer
7 5 (4.76%) Data Protection Officer
7 5 (4.76%) Front Office Developer
7 5 (4.76%) Infrastructure Manager
7 5 (4.76%) IT Analyst
7 5 (4.76%) Risk Officer
7 5 (4.76%) Security Consultant
Libraries, Frameworks & Software Standards
1 7 (6.67%) Spring
2 6 (5.71%) .NET
3 4 (3.81%) Spring Boot
4 3 (2.86%) .NET Framework
4 3 (2.86%) CSS
4 3 (2.86%) HTML
4 3 (2.86%) Middleware
4 3 (2.86%) RESTful
4 3 (2.86%) Web Services
5 2 (1.90%) Boost C++ Libraries
5 2 (1.90%) Entity Framework
5 2 (1.90%) FIX Protocol
5 2 (1.90%) Java EE
5 2 (1.90%) Node.js
5 2 (1.90%) REST
5 2 (1.90%) STL
5 2 (1.90%) WCF
5 2 (1.90%) WinForms
5 2 (1.90%) WPF
5 2 (1.90%) XML
Miscellaneous
1 12 (11.43%) Credit Risk
1 12 (11.43%) Management Information System
2 8 (7.62%) Derivative
3 7 (6.67%) Foreign Exchange (FX)
3 7 (6.67%) Market Risk
4 6 (5.71%) Fixed Income
4 6 (5.71%) Grid Computing
5 5 (4.76%) Self-Motivation
6 3 (2.86%) Data Structures
7 2 (1.90%) Credit Derivative
7 2 (1.90%) Enterprise Cloud
7 2 (1.90%) Enterprise Software
7 2 (1.90%) Equities
7 2 (1.90%) Public Cloud
8 1 (0.95%) PMI
8 1 (0.95%) Reference Data
8 1 (0.95%) Smart Meter
8 1 (0.95%) TWAP
8 1 (0.95%) VWAP
8 1 (0.95%) Wiki
Operating Systems
1 8 (7.62%) Linux
2 6 (5.71%) Unix
3 5 (4.76%) Windows
4 3 (2.86%) Windows Server
Processes & Methodologies
1 24 (22.86%) Agile Software Development
2 22 (20.95%) Project Management
3 19 (18.10%) Cybersecurity
4 16 (15.24%) Change Management
5 15 (14.29%) Information Security
6 13 (12.38%) Stakeholder Management
7 12 (11.43%) Migration
8 11 (10.48%) Low Latency
9 10 (9.52%) Data Analysis
9 10 (9.52%) Electronic Trading
9 10 (9.52%) Multithreading
10 9 (8.57%) Change Control
10 9 (8.57%) Regulatory Compliance
10 9 (8.57%) SDLC
11 8 (7.62%) Decision-Making
11 8 (7.62%) ITIL
11 8 (7.62%) PRINCE2
12 7 (6.67%) DevOps
12 7 (6.67%) Identity Access Management
13 6 (5.71%) Microservices
Programming Languages
1 14 (13.33%) Java
2 10 (9.52%) SQL
3 9 (8.57%) C#
3 9 (8.57%) Python
4 5 (4.76%) C++
5 4 (3.81%) JavaScript
6 2 (1.90%) Java 8
6 2 (1.90%) T-SQL
6 2 (1.90%) TypeScript
7 1 (0.95%) Data Analysis Expressions (DAX)
7 1 (0.95%) ES6
7 1 (0.95%) F#
7 1 (0.95%) PL/SQL
Qualifications
1 17 (16.19%) Degree
2 6 (5.71%) CISSP
3 5 (4.76%) CISM
4 4 (3.81%) CISA
4 4 (3.81%) PMI Certification
5 3 (2.86%) Computer Science Degree
5 3 (2.86%) Microsoft Certification
5 3 (2.86%) PMP
6 2 (1.90%) Network+ Certification
6 2 (1.90%) SC Cleared
6 2 (1.90%) Security Cleared
7 1 (0.95%) ACCA
7 1 (0.95%) CEH
7 1 (0.95%) CFA
7 1 (0.95%) Cisco Certification
7 1 (0.95%) DV Cleared
7 1 (0.95%) GCFA
7 1 (0.95%) GCIH
7 1 (0.95%) GIAC
7 1 (0.95%) ITIL Certification
Quality Assurance & Compliance
1 18 (17.14%) ISO/IEC 27001
2 8 (7.62%) GDPR
3 6 (5.71%) NIST
4 5 (4.76%) Data Quality
5 4 (3.81%) COBIT
5 4 (3.81%) GRC
5 4 (3.81%) PMO
6 3 (2.86%) QA
7 2 (1.90%) Sarbanes-Oxley
8 1 (0.95%) Basel III
8 1 (0.95%) Cyber Essentials
8 1 (0.95%) ITGC
8 1 (0.95%) PCI DSS
8 1 (0.95%) SLA
System Software
1 11 (10.48%) Active Directory
2 10 (9.52%) VMware Infrastructure
3 6 (5.71%) Docker
3 6 (5.71%) Hyper-V
4 1 (0.95%) BitLocker
4 1 (0.95%) Platform Symphony
Systems Management
1 7 (6.67%) SCCM
2 6 (5.71%) Kubernetes
3 4 (3.81%) Nexpose
4 1 (0.95%) Control-M
4 1 (0.95%) EnCase
4 1 (0.95%) FTK
4 1 (0.95%) Microsoft Intune
Vendors
1 12 (11.43%) Microsoft
2 10 (9.52%) VMware
3 8 (7.62%) Oracle
4 6 (5.71%) ServiceNow
5 4 (3.81%) CrowdStrike
6 3 (2.86%) Remedy
6 3 (2.86%) SAP
7 2 (1.90%) Pega
7 2 (1.90%) Solace
8 1 (0.95%) Atlassian
8 1 (0.95%) Barracuda Networks
8 1 (0.95%) Casewise
8 1 (0.95%) Cellebrite
8 1 (0.95%) Cisco
8 1 (0.95%) Civica
8 1 (0.95%) Google
8 1 (0.95%) hybris
8 1 (0.95%) ION Trading
8 1 (0.95%) Meraki
8 1 (0.95%) Murex