The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Stress Testing skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Stress Testing over the 3 months to 29 March 2017 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.

Stress Testing
London / City of London
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 153 142 171
Rank change year-on-year -11 +29  
Contract jobs citing Stress Testing 9 17 20
As % of all contract IT jobs advertised in the City of London 0.29% 0.50% 0.39%
As % of the Processes & Methodologies category 0.34% 0.57% 0.47%
Number of daily rates quoted 8 16 18
Median daily rate £600 £600 £550
Median daily rate % change year-on-year - +9.09%  
90% offered a daily rate of more than £567 £475 £318
10% offered a daily rate of more than £648 £675 £600
UK excluding London median daily rate £425 £320 £425
% change year-on-year +32.81% -24.70%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Stress Testing is in the process and methodology skills category. The next 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 and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2628 2969 4223
As % of all contract IT job vacancies advertised in the City of London 85.55% 87.71% 82.58%
Number of daily rates quoted 2060 2378 3263
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 £344 £325 £320
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £410 £400 £396
% change year-on-year +2.50% +1.01%  
Number of hourly rates quoted 23 28 34
Median hourly rate £16.00 £20.00 £20.45
Median hourly rate % change year-on-year -20.00% -2.17%  
90% offered a hourly rate of more than £13.50 £13.00 £12.50
10% offered a hourly rate of more than £28.35 £47.50 £92.50
UK excluding London median hourly rate £35.75 £38.50 £30.00
% change year-on-year -7.14% +28.33%  

Stress Testing
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Stress Testing as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Stress Testing in the City of London

Stress Testing
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 Stress Testing in the City of London.

Contractor daily rate trend for Stress Testing in the City of London

Stress Testing
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Stress Testing in the City of London over the 3 months to 29 March 2017.

Contractor daily rate histogram for Stress Testing in the City of London

Stress Testing
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 Stress Testing in the City of London.

Contractor hourly rate trend for Stress Testing in the City of London

For the 6 months to 29 March 2017, IT contractor jobs citing Stress Testing also mentioned the following 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 with a requirement for Stress Testing.

1 11 (68.75%) Finance
2 8 (50.00%) Credit Risk
3 7 (43.75%) Agile Software Development
3 7 (43.75%) Banking
4 6 (37.50%) SQL Server
4 6 (37.50%) Market Risk
5 5 (31.25%) Risk Management
6 4 (25.00%) Big Data
6 4 (25.00%) Analytics
6 4 (25.00%) JIRA
7 3 (18.75%) Unit Testing
7 3 (18.75%) Team Foundation Server
7 3 (18.75%) Dodd-Frank
7 3 (18.75%) REST
7 3 (18.75%) Collateral Management
7 3 (18.75%) Credit Risk Management
7 3 (18.75%) Microsoft
7 3 (18.75%) Oracle
7 3 (18.75%) Visual Studio
7 3 (18.75%) SQL
7 3 (18.75%) Python
7 3 (18.75%) Scrum
7 3 (18.75%) Asset Management
8 2 (12.50%) Automated Testing
8 2 (12.50%) Software Engineering
8 2 (12.50%) Derivative
8 2 (12.50%) Statistics
8 2 (12.50%) CFA
8 2 (12.50%) Degree
8 2 (12.50%) NUnit

Stress Testing
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 1 (6.25%) CMS
1 1 (6.25%) Confluence
1 1 (6.25%) Drupal
1 1 (6.25%) SAS
1 1 (6.25%) WordPress
Applications
1 1 (6.25%) MS Excel
Cloud Services
1 1 (6.25%) Amazon AWS
1 1 (6.25%) Amazon EC2
Database & Business Intelligence
1 6 (37.50%) SQL Server
2 4 (25.00%) Big Data
3 2 (12.50%) Oracle Database
Development Applications
1 4 (25.00%) JIRA
2 3 (18.75%) Team Foundation Server
2 3 (18.75%) Visual Studio
3 2 (12.50%) Moq
3 2 (12.50%) MSTest
3 2 (12.50%) NUnit
3 2 (12.50%) Rhino Mocks
4 1 (6.25%) JMeter
4 1 (6.25%) LoadRunner
4 1 (6.25%) Selenium
4 1 (6.25%) WebDriver
General
1 11 (68.75%) Finance
2 7 (43.75%) Banking
3 1 (6.25%) Investment Banking
3 1 (6.25%) Marketing
3 1 (6.25%) Retail
3 1 (6.25%) Retail Banking
Job Titles
1 7 (43.75%) Analyst
2 6 (37.50%) Business Analyst
2 6 (37.50%) Credit Analyst
2 6 (37.50%) Credit Risk Analyst
2 6 (37.50%) Risk Analyst
3 5 (31.25%) Credit Risk Business Analyst
3 5 (31.25%) Risk Business Analyst
4 4 (25.00%) Developer
5 3 (18.75%) Architect
6 2 (12.50%) C# Developer
6 2 (12.50%) Database Architect
6 2 (12.50%) Market Risk Analyst
6 2 (12.50%) Market Risk Business Analyst
6 2 (12.50%) Oracle Architect
6 2 (12.50%) Senior Analyst
6 2 (12.50%) Senior Business Analyst
6 2 (12.50%) Senior Credit Risk Analyst
6 2 (12.50%) Senior Credit Risk Business Analyst
6 2 (12.50%) Senior Risk Analyst
6 2 (12.50%) Solutions Architect
Libraries, Frameworks & Software Standards
1 3 (18.75%) REST
2 2 (12.50%) .NET
2 2 (12.50%) NumPy
2 2 (12.50%) Pandas
2 2 (12.50%) RESTful
2 2 (12.50%) WCF
2 2 (12.50%) Web Services
2 2 (12.50%) WPF
3 1 (6.25%) Apache Flex
3 1 (6.25%) CSS
3 1 (6.25%) HTML
3 1 (6.25%) Java EE
3 1 (6.25%) JSON
3 1 (6.25%) XBRL
3 1 (6.25%) XML
Miscellaneous
1 8 (50.00%) Credit Risk
2 6 (37.50%) Market Risk
3 2 (12.50%) Derivative
4 1 (6.25%) Analytical Skills
Operating Systems
1 2 (12.50%) Linux
Processes & Methodologies
1 7 (43.75%) Agile Software Development
2 5 (31.25%) Risk Management
3 4 (25.00%) Analytics
4 3 (18.75%) Asset Management
4 3 (18.75%) Collateral Management
4 3 (18.75%) Credit Risk Management
4 3 (18.75%) Scrum
4 3 (18.75%) Unit Testing
5 2 (12.50%) Automated Testing
5 2 (12.50%) Continuous Improvement
5 2 (12.50%) Continuous Integration
5 2 (12.50%) Data Modelling
5 2 (12.50%) MVVM
5 2 (12.50%) OO
5 2 (12.50%) Performance Tuning
5 2 (12.50%) PRINCE2
5 2 (12.50%) Refactoring
5 2 (12.50%) Risk Analytics
5 2 (12.50%) Software Engineering
5 2 (12.50%) Statistics
Programming Languages
1 3 (18.75%) Python
1 3 (18.75%) SQL
2 2 (12.50%) C#
2 2 (12.50%) C++
2 2 (12.50%) Java
3 1 (6.25%) JavaScript
3 1 (6.25%) MATLAB
Qualifications
1 2 (12.50%) CFA
1 2 (12.50%) Degree
1 2 (12.50%) PRINCE2 Certification
2 1 (6.25%) SAS Certification
Quality Assurance & Compliance
1 3 (18.75%) Dodd-Frank
2 2 (12.50%) IFRS
2 2 (12.50%) IFRS 9
3 1 (6.25%) QA
3 1 (6.25%) Sarbanes-Oxley
Vendors
1 3 (18.75%) Microsoft
1 3 (18.75%) Oracle
2 2 (12.50%) Bloomberg
City, London
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