Period
to 20 November 2017

The median contractor rate for a Risk Manager was £600 per day in advertised job vacancies in the City of London during the 6 months to 20 November 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
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 232 226 243
Rank change year-on-year -6 +17 -3
Contract jobs requiring a Risk Manager 14 22 29
As % of all contract IT jobs advertised in the City of London 0.20% 0.33% 0.32%
As % of the Job Titles category 0.21% 0.35% 0.33%
Number of daily rates quoted 8 18 26
City of London median daily rate £600 £653 £638
Median daily rate % change year-on-year -8.05% +2.35% +15.91%
10th Percentile £469 £435 £463
90th Percentile £850 £858 £775
Central London median daily rate £600 £653 £638
% change year-on-year -8.05% +2.35% +15.91%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6700 6297 8710
% of contract IT jobs with a recognized job title 94.53% 95.48% 95.27%
Number of daily rates quoted 5290 5007 6838
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £275
90th Percentile £678 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 94 77 127
City of London median hourly rate £17.00 £17.50 £19.00
Median hourly rate % change year-on-year -2.86% -7.89% +8.57%
10th Percentile £11.25 £11.50 £10.30
90th Percentile £29.29 £48.40 £39.25
Central London median hourly rate £18.10 £17.21 £18.00
% change year-on-year +5.19% -4.40% +7.46%

Risk Manager
Job Vacancy Trend in the City of London

Job postings that featured Risk Manager in the job title as a percentage of all IT jobs advertised in the City of London.

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 6 months to 20 November 2017.

Contractor daily rate histogram 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 20 November 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 8 (57.14%) Banking
2 7 (50.00%) Finance
3 6 (42.86%) Risk Management
4 5 (35.71%) Agile Software Development
4 5 (35.71%) Credit Risk
4 5 (35.71%) Market Risk
5 4 (28.57%) Investment Banking
6 3 (21.43%) Information Security
6 3 (21.43%) Cybersecurity
7 2 (14.29%) Software Delivery
7 2 (14.29%) Digital Transformation Programme
7 2 (14.29%) Kanban
7 2 (14.29%) Scrum
7 2 (14.29%) Front Office
7 2 (14.29%) Project Management
7 2 (14.29%) Murex
8 1 (7.14%) CISSP
8 1 (7.14%) Foreign Exchange (FX)
8 1 (7.14%) Internet
8 1 (7.14%) ACCA
8 1 (7.14%) SQL
8 1 (7.14%) Oracle
8 1 (7.14%) Sybase
8 1 (7.14%) Microsoft Office
8 1 (7.14%) Unix
8 1 (7.14%) Windows
8 1 (7.14%) Microsoft
8 1 (7.14%) Sarbanes-Oxley
8 1 (7.14%) CISM
8 1 (7.14%) Financial Institution

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:

Applications
1 1 (7.14%) Microsoft Office
Communications & Networking
1 1 (7.14%) Internet
General
1 8 (57.14%) Banking
2 7 (50.00%) Finance
3 4 (28.57%) Investment Banking
4 2 (14.29%) Front Office
5 1 (7.14%) Financial Institution
5 1 (7.14%) Wholesale Banking
Miscellaneous
1 5 (35.71%) Credit Risk
1 5 (35.71%) Market Risk
2 1 (7.14%) Cyberthreat
2 1 (7.14%) Derivative
2 1 (7.14%) Foreign Exchange (FX)
2 1 (7.14%) Management Information System
2 1 (7.14%) Virtual Team
Operating Systems
1 1 (7.14%) Unix
1 1 (7.14%) Windows
Processes & Methodologies
1 6 (42.86%) Risk Management
2 5 (35.71%) Agile Software Development
3 3 (21.43%) Cybersecurity
3 3 (21.43%) Information Security
4 2 (14.29%) Digital Transformation Programme
4 2 (14.29%) Kanban
4 2 (14.29%) Project Management
4 2 (14.29%) Scrum
4 2 (14.29%) Software Delivery
5 1 (7.14%) Business Continuity
5 1 (7.14%) Business Transformation
5 1 (7.14%) Continuous Improvement
5 1 (7.14%) Disaster Recovery
5 1 (7.14%) Mathematics
5 1 (7.14%) Monte Carlo Method
5 1 (7.14%) Programme Management
5 1 (7.14%) Project Planning
5 1 (7.14%) Runbook
5 1 (7.14%) Stakeholder Management
5 1 (7.14%) Test Strategy
Programming Languages
1 1 (7.14%) SQL
Qualifications
1 1 (7.14%) ACCA
1 1 (7.14%) CISM
1 1 (7.14%) CISSP
Quality Assurance & Compliance
1 1 (7.14%) ISO/IEC 27001
1 1 (7.14%) Sarbanes-Oxley
Vendors
1 2 (14.29%) Murex
2 1 (7.14%) Microsoft
2 1 (7.14%) Oracle
2 1 (7.14%) Sybase