Period
to 23 November 2017

The following table provides summary statistics for contract job vacancies advertised in Edinburgh with a requirement for FATCA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FATCA over the 6 months to 23 November 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.

Foreign Account Tax Compliance Act (FATCA)
Scotland > Edinburgh
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 121 126 129
Rank change year-on-year +5 +3 -
Contract jobs citing FATCA 15 1 6
As % of all contract IT jobs advertised in Edinburgh 0.51% 0.047% 0.19%
As % of the Quality Assurance & Compliance category 3.45% 0.34% 1.40%
Number of daily rates quoted 9 0 5
Edinburgh median daily rate £450 - £400
10th Percentile £403 - £349
90th Percentile £491 - £414
Scotland median daily rate £425 £450 £400
% change year-on-year -5.56% +12.50% -
Number of hourly rates quoted 0 0 0
Edinburgh median hourly rate - - -
Scotland median hourly rate - - -

FATCA is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Edinburgh with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
Edinburgh
Contract vacancies with a requirement for quality assurance or compliance skills 435 290 429
As % of all contract IT jobs advertised in Edinburgh 14.75% 13.67% 13.43%
Number of daily rates quoted 266 157 214
Edinburgh median daily rate £400 £400 £338
Median daily rate % change year-on-year - +18.52% -14.77%
10th Percentile £206 £153 £200
90th Percentile £563 £543 £488
Scotland median daily rate £375 £363 £338
% change year-on-year +3.45% +7.41% -9.40%
Number of hourly rates quoted 2 2 2
Edinburgh median hourly rate £23.75 £27.75 £32.43
Median hourly rate % change year-on-year -14.41% -14.42% +105.61%
10th Percentile £13.63 £21.18 £31.14
90th Percentile £32.88 £38.73 £33.71
Scotland median hourly rate £18.63 £25.00 £32.50
% change year-on-year -25.50% -23.08% +68.83%

FATCA
Job Vacancy Trend in Edinburgh

Job postings citing FATCA as a percentage of all IT jobs advertised in Edinburgh.

Job vacancy trend for FATCA in Edinburgh

FATCA
Contractor Daily Rate Trend in Edinburgh

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing FATCA in Edinburgh.

Contractor daily rate trend for FATCA in Edinburgh

For the 6 months to 23 November 2017, IT contractor jobs citing FATCA 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 Edinburgh region with a requirement for FATCA.

1 12 (80.00%) Finance
2 7 (46.67%) Migration
2 7 (46.67%) GDPR
3 6 (40.00%) Stakeholder Management
3 6 (40.00%) Banking
3 6 (40.00%) Solvency II
4 5 (33.33%) MiFID
5 4 (26.67%) Asset Management
5 4 (26.67%) Derivative
5 4 (26.67%) Target Operating Model
5 4 (26.67%) Fixed Income
5 4 (26.67%) Equities
6 3 (20.00%) Data Warehouse
6 3 (20.00%) Front Office
6 3 (20.00%) Workflow
6 3 (20.00%) Retail Banking
6 3 (20.00%) Test Management
6 3 (20.00%) Case Management
7 2 (13.33%) Data Protection
7 2 (13.33%) Data Privacy
7 2 (13.33%) Records Management
7 2 (13.33%) Data Governance
7 2 (13.33%) Financial Institution
8 1 (6.67%) Project Management
8 1 (6.67%) Scrum
8 1 (6.67%) Test Strategy
8 1 (6.67%) Dependency Management
8 1 (6.67%) EMIR
8 1 (6.67%) Defect Management
8 1 (6.67%) User Acceptance Testing

FATCA
Co-occurring IT Skills in Edinburgh 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:

Database & Business Intelligence
1 3 (20.00%) Data Warehouse
General
1 12 (80.00%) Finance
2 6 (40.00%) Banking
3 3 (20.00%) Front Office
3 3 (20.00%) Retail Banking
4 2 (13.33%) Financial Institution
Job Titles
1 7 (46.67%) Analyst
2 4 (26.67%) Business Analyst
2 4 (26.67%) Test Manager
3 3 (20.00%) Asset Management Analyst
3 3 (20.00%) Asset Management Business Analyst
3 3 (20.00%) Investment Management Business Analyst
3 3 (20.00%) Project Manager
3 3 (20.00%) Technical Analyst
4 1 (6.67%) Asset Management Project Manager
4 1 (6.67%) GDPR Project Manager
4 1 (6.67%) MiFID Business Analyst
4 1 (6.67%) Regulatory Business Analyst
4 1 (6.67%) Release Manager
4 1 (6.67%) Retail Banking Project Manager
Miscellaneous
1 4 (26.67%) Derivative
1 4 (26.67%) Equities
1 4 (26.67%) Fixed Income
Processes & Methodologies
1 7 (46.67%) Migration
2 6 (40.00%) Stakeholder Management
3 4 (26.67%) Asset Management
3 4 (26.67%) Target Operating Model
4 3 (20.00%) Case Management
4 3 (20.00%) Test Management
4 3 (20.00%) Workflow
5 2 (13.33%) Data Governance
5 2 (13.33%) Data Privacy
5 2 (13.33%) Data Protection
5 2 (13.33%) Records Management
6 1 (6.67%) Defect Management
6 1 (6.67%) Dependency Management
6 1 (6.67%) Project Management
6 1 (6.67%) Scrum
6 1 (6.67%) Test Strategy
6 1 (6.67%) User Acceptance Testing
Quality Assurance & Compliance
1 7 (46.67%) GDPR
2 6 (40.00%) Solvency II
3 5 (33.33%) MiFID
4 1 (6.67%) EMIR
4 1 (6.67%) PSD2