The median contractor rate for a Risk Manager was £575 per day in advertised job vacancies in the City of London during the 3 months to 28 March 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 Manager
London / City of London
3 months to
28 Mar 2017
Same period 2016 Same period 2015
Rank 153 142 169
Rank change year-on-year -11 +27  
Contract jobs requiring a Risk Manager 9 12 24
As % of all contract IT jobs advertised in the City of London 0.29% 0.36% 0.46%
As % of the Job Titles category 0.31% 0.38% 0.48%
Number of daily rates quoted 9 10 21
Median daily rate £575 £538 £475
Median daily rate % change year-on-year +6.97% +13.15%  
90% offered a daily rate of more than £525 £393 £400
10% offered a daily rate of more than £640 £705 £650
UK excluding London median daily rate £563 £469 £438
% change year-on-year +20.00% +7.14%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £55.00 - -

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 2916 3192 4971
As % of all contract IT job vacancies advertised in the City of London 95.23% 95.17% 96.13%
Number of daily rates quoted 2268 2545 3747
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 £313 £305 £280
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 31 45 78
Median hourly rate £19.00 £20.00 £17.98
Median hourly rate % change year-on-year -4.97% +11.20%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £46.10 £26.90
UK excluding London median hourly rate £17.50 £19.63 £17.00
% change year-on-year -10.82% +15.44%  

Risk Manager
Job Vacancy Trend in the City of London

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

Job vacancy trend for Risk Manager in the City of London

Risk Manager
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 Manager in the City of London.

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

Risk Manager
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Risk Manager in the City of London over the 3 months to 28 March 2017.

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

Risk Manager
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 Manager in the City of London.

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

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

For the 6 months to 28 March 2017, Risk Manager 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 Manager in the job title.

1 9 (69.23%) Finance
2 8 (61.54%) Banking
3 7 (53.85%) Risk Management
4 5 (38.46%) Investment Banking
5 4 (30.77%) Project Management
6 3 (23.08%) Front Office
6 3 (23.08%) Market Risk
6 3 (23.08%) Agile Software Development
7 2 (15.38%) QA
7 2 (15.38%) Release Management
7 2 (15.38%) Migration
7 2 (15.38%) Stakeholder Management
8 1 (7.69%) C#
8 1 (7.69%) Java
8 1 (7.69%) .NET
8 1 (7.69%) SQL Server
8 1 (7.69%) ETL
8 1 (7.69%) Fidessa
8 1 (7.69%) Foreign Exchange (FX)
8 1 (7.69%) Advertising
8 1 (7.69%) thinkFolio
8 1 (7.69%) User Acceptance Testing
8 1 (7.69%) Test Management
8 1 (7.69%) Investment Management
8 1 (7.69%) Time Management
8 1 (7.69%) Cash Management
8 1 (7.69%) HP Quality Center
8 1 (7.69%) Waterfall
8 1 (7.69%) Data Quality
8 1 (7.69%) Risk Analytics

Risk Manager 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:

Business Applications
1 1 (7.69%) LatentZero
1 1 (7.69%) thinkFolio
Database & Business Intelligence
1 1 (7.69%) SQL Server
Development Applications
1 1 (7.69%) JIRA
General
1 9 (69.23%) Finance
2 8 (61.54%) Banking
3 5 (38.46%) Investment Banking
4 3 (23.08%) Front Office
5 1 (7.69%) Advertising
Libraries, Frameworks & Software Standards
1 1 (7.69%) .NET
Miscellaneous
1 3 (23.08%) Market Risk
2 1 (7.69%) Foreign Exchange (FX)
2 1 (7.69%) Virtual Team
Processes & Methodologies
1 7 (53.85%) Risk Management
2 4 (30.77%) Project Management
3 3 (23.08%) Agile Software Development
4 2 (15.38%) Migration
4 2 (15.38%) Release Management
4 2 (15.38%) Stakeholder Management
5 1 (7.69%) Analytics
5 1 (7.69%) Asset Management
5 1 (7.69%) Automation Testing
5 1 (7.69%) Cash Management
5 1 (7.69%) Data Transformation
5 1 (7.69%) ETL
5 1 (7.69%) Investment Management
5 1 (7.69%) Risk Analytics
5 1 (7.69%) SDLC
5 1 (7.69%) Test Management
5 1 (7.69%) Test Planning
5 1 (7.69%) Time Management
5 1 (7.69%) User Acceptance Testing
5 1 (7.69%) Waterfall
Programming Languages
1 1 (7.69%) C#
1 1 (7.69%) Java
Quality Assurance & Compliance
1 2 (15.38%) QA
2 1 (7.69%) Data Quality
2 1 (7.69%) FINREP
2 1 (7.69%) IAS 39
2 1 (7.69%) IFRS
2 1 (7.69%) IFRS 9
2 1 (7.69%) SDET
Systems Management
1 1 (7.69%) HP Quality Center
Vendors
1 1 (7.69%) Fidessa