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 23 June 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
23 Jun 2017
Same period 2016 Same period 2015
Rank 164 159 179
Rank change year-on-year -5 +20  
Contract jobs citing Stress Testing 2 5 22
As % of all contract IT jobs advertised in the City of London 0.061% 0.15% 0.38%
As % of the Processes & Methodologies category 0.069% 0.17% 0.47%
Number of daily rates quoted 2 3 21
Median daily rate £710 £450 £600
Median daily rate % change year-on-year +57.77% -25.00%  
90% offered a daily rate of more than £702 £450 £425
10% offered a daily rate of more than £718 £580 £625
UK excluding London median daily rate £350 £350 £375
% change year-on-year - -6.66%  
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 2907 2906 4704
As % of all contract IT job vacancies advertised in the City of London 88.09% 85.87% 80.95%
Number of daily rates quoted 2235 2375 3702
Median daily rate £500 £475 £473
Median daily rate % change year-on-year +5.26% +0.52%  
90% offered a daily rate of more than £350 £335 £325
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £415 £400 £383
% change year-on-year +3.75% +4.57%  
Number of hourly rates quoted 25 25 56
Median hourly rate £20.00 £19.00 £24.50
Median hourly rate % change year-on-year +5.26% -22.44%  
90% offered a hourly rate of more than £14.75 £12.50 £15.00
10% offered a hourly rate of more than £41.00 £31.50 £55.50
UK excluding London median hourly rate £33.50 £28.50 £30.00
% change year-on-year +17.54% -5.00%  

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 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 23 June 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 9 (75.00%) Finance
1 9 (75.00%) Banking
2 7 (58.33%) Agile Software Development
2 7 (58.33%) Market Risk
2 7 (58.33%) Risk Management
3 6 (50.00%) SQL Server
4 5 (41.67%) Credit Risk
5 4 (33.33%) Big Data
5 4 (33.33%) Scrum
5 4 (33.33%) JIRA
6 3 (25.00%) Asset Management
6 3 (25.00%) Investment Banking
6 3 (25.00%) Oracle
6 3 (25.00%) Visual Studio
6 3 (25.00%) SQL
6 3 (25.00%) Microsoft
6 3 (25.00%) Dodd-Frank
6 3 (25.00%) Collateral Management
6 3 (25.00%) Team Foundation Server
6 3 (25.00%) Credit Risk Management
7 2 (16.67%) IFRS
7 2 (16.67%) IFRS 9
7 2 (16.67%) Scenario Testing
7 2 (16.67%) Performance Tuning
7 2 (16.67%) Test Automation
7 2 (16.67%) Hadoop
7 2 (16.67%) MSTest
7 2 (16.67%) MVVM
7 2 (16.67%) Rhino Mocks
7 2 (16.67%) Moq

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 (8.33%) SAS
Database & Business Intelligence
1 6 (50.00%) SQL Server
2 4 (33.33%) Big Data
3 2 (16.67%) Hadoop
3 2 (16.67%) Oracle Database
4 1 (8.33%) HBase
Development Applications
1 4 (33.33%) JIRA
2 3 (25.00%) Team Foundation Server
2 3 (25.00%) Visual Studio
3 2 (16.67%) Moq
3 2 (16.67%) MSTest
3 2 (16.67%) NUnit
3 2 (16.67%) Rhino Mocks
General
1 9 (75.00%) Banking
1 9 (75.00%) Finance
2 3 (25.00%) Investment Banking
3 2 (16.67%) Front Office
4 1 (8.33%) Back Office
4 1 (8.33%) Retail
4 1 (8.33%) Retail Banking
Job Titles
1 6 (50.00%) Analyst
1 6 (50.00%) Risk Analyst
2 5 (41.67%) Business Analyst
2 5 (41.67%) Risk Business Analyst
3 4 (33.33%) Credit Analyst
3 4 (33.33%) Credit Risk Analyst
3 4 (33.33%) Market Risk Analyst
3 4 (33.33%) Market Risk Business Analyst
4 3 (25.00%) Architect
4 3 (25.00%) Credit Risk Business Analyst
4 3 (25.00%) Developer
4 3 (25.00%) Senior Analyst
4 3 (25.00%) Senior Business Analyst
4 3 (25.00%) Senior Risk Analyst
5 2 (16.67%) C# Developer
5 2 (16.67%) Database Architect
5 2 (16.67%) Oracle Architect
5 2 (16.67%) Senior Credit Risk Analyst
5 2 (16.67%) Senior Credit Risk Business Analyst
5 2 (16.67%) Solutions Architect
Libraries, Frameworks & Software Standards
1 2 (16.67%) .NET
1 2 (16.67%) NumPy
1 2 (16.67%) Pandas
1 2 (16.67%) REST
1 2 (16.67%) WCF
1 2 (16.67%) Web Services
1 2 (16.67%) WPF
Miscellaneous
1 7 (58.33%) Market Risk
2 5 (41.67%) Credit Risk
3 2 (16.67%) Derivative
4 1 (8.33%) Analytical Skills
Operating Systems
1 2 (16.67%) Linux
Processes & Methodologies
1 7 (58.33%) Agile Software Development
1 7 (58.33%) Risk Management
2 4 (33.33%) Scrum
3 3 (25.00%) Asset Management
3 3 (25.00%) Collateral Management
3 3 (25.00%) Credit Risk Management
4 2 (16.67%) Continuous Improvement
4 2 (16.67%) Continuous Integration
4 2 (16.67%) Data Modelling
4 2 (16.67%) Greeks
4 2 (16.67%) MVVM
4 2 (16.67%) OO
4 2 (16.67%) Performance Tuning
4 2 (16.67%) Refactoring
4 2 (16.67%) Scenario Testing
4 2 (16.67%) Software Engineering
4 2 (16.67%) Test Automation
4 2 (16.67%) Unit Testing
5 1 (8.33%) Change Management
5 1 (8.33%) Migration
Programming Languages
1 3 (25.00%) SQL
2 2 (16.67%) C#
2 2 (16.67%) Python
3 1 (8.33%) C++
3 1 (8.33%) Java
3 1 (8.33%) R
Qualifications
1 2 (16.67%) CFA
2 1 (8.33%) Degree
2 1 (8.33%) Numerate Degree
2 1 (8.33%) SAS Certification
Quality Assurance & Compliance
1 3 (25.00%) Dodd-Frank
2 2 (16.67%) IFRS
2 2 (16.67%) IFRS 9
3 1 (8.33%) Sarbanes-Oxley
Vendors
1 3 (25.00%) Microsoft
1 3 (25.00%) Oracle
2 2 (16.67%) Bloomberg