Period
to 18 December 2018

The following table provides summary statistics for contract job vacancies advertised in Edinburgh with a requirement for IFRS 9 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS 9 over the 6 months to 18 December 2018 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.

IFRS 9 Financial Instruments
Scotland > Edinburgh
6 months to
18 Dec 2018
Same period 2017 Same period 2016
Rank 133 140 108
Rank change year-on-year +7 -32 +24
Contract jobs citing IFRS 9 7 1 6
As % of all contract IT jobs advertised in Edinburgh 0.25% 0.034% 0.31%
As % of the Quality Assurance & Compliance category 2.07% 0.22% 2.37%
Number of daily rates quoted 5 1 5
Edinburgh median daily rate £350 £625 £500
Median daily rate % change year-on-year -44.00% +25.00% +2.56%
10th Percentile £326 £588 £413
90th Percentile £401 £663 £620
Scotland median daily rate £350 £625 £500
% change year-on-year -44.00% +25.00% +2.56%
Number of hourly rates quoted 0 0 0
Edinburgh median hourly rate - - -
Scotland median hourly rate - - -

IFRS 9 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 338 462 253
As % of all contract IT jobs advertised in Edinburgh 11.94% 15.61% 12.98%
Number of daily rates quoted 177 284 137
Edinburgh median daily rate £400 £400 £388
Median daily rate % change year-on-year - +3.23% +19.23%
10th Percentile £199 £207 £153
90th Percentile £550 £575 £550
Scotland median daily rate £376 £375 £375
% change year-on-year +0.33% - +9.97%
Number of hourly rates quoted 3 3 2
Edinburgh median hourly rate £17.00 £35.00 £27.75
Median hourly rate % change year-on-year -51.43% +26.13% -14.42%
10th Percentile £12.30 £16.00 £21.18
90th Percentile £31.50 £35.00 £38.73
Scotland median hourly rate £20.38 £20.00 £25.00
% change year-on-year +1.88% -20.00% -23.08%

IFRS 9
Job Vacancy Trend in Edinburgh

Job postings citing IFRS 9 as a percentage of all IT jobs advertised in Edinburgh.

Job vacancy trend for IFRS 9 in Edinburgh

IFRS 9
Contractor Daily Rate Trend in Edinburgh

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing IFRS 9 in Edinburgh.

Contractor daily rate trend for IFRS 9 in Edinburgh

For the 6 months to 18 December 2018, IT contractor jobs citing IFRS 9 also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Edinburgh region with a requirement for IFRS 9.

1 7 (100.00%) IFRS
2 6 (85.71%) Banking
3 5 (71.43%) SAS
3 5 (71.43%) Finance
4 4 (57.14%) SQL
5 2 (28.57%) Risk Management
5 2 (28.57%) VBA
5 2 (28.57%) BusinessObjects
5 2 (28.57%) Microsoft Excel
5 2 (28.57%) Analytical Skills
5 2 (28.57%) Stakeholder Management
6 1 (14.29%) Virtual Team Management
6 1 (14.29%) Virtual Team
6 1 (14.29%) Remediation Plan
6 1 (14.29%) ETL
6 1 (14.29%) Validation
6 1 (14.29%) Decision-Making
6 1 (14.29%) Problem-Solving
6 1 (14.29%) Technical Leadership
6 1 (14.29%) SPSS
6 1 (14.29%) MATLAB
6 1 (14.29%) Project Management
6 1 (14.29%) Basel II
6 1 (14.29%) Postgraduate
6 1 (14.29%) C
6 1 (14.29%) C++
6 1 (14.29%) Java
6 1 (14.29%) Economics
6 1 (14.29%) Statistics
6 1 (14.29%) Operations Research

IFRS 9
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:

Application Platforms
1 5 (71.43%) SAS
Applications
1 2 (28.57%) Microsoft Excel
2 1 (14.29%) EViews
2 1 (14.29%) SPSS
Database & Business Intelligence
1 2 (28.57%) BusinessObjects
General
1 6 (85.71%) Banking
2 5 (71.43%) Finance
Job Titles
1 3 (42.86%) Developer
2 2 (28.57%) Analyst
2 2 (28.57%) Lead Developer
3 1 (14.29%) Business Analyst
3 1 (14.29%) Credit Risk Manager
3 1 (14.29%) Monitoring Analyst
3 1 (14.29%) Programme Manager
3 1 (14.29%) Regulatory Business Analyst
3 1 (14.29%) Report Manager
3 1 (14.29%) Risk Manager
3 1 (14.29%) SAS Developer
Miscellaneous
1 2 (28.57%) Analytical Skills
2 1 (14.29%) Credit Risk
2 1 (14.29%) Virtual Team
Processes & Methodologies
1 2 (28.57%) Risk Management
1 2 (28.57%) Stakeholder Management
2 1 (14.29%) Analytics
2 1 (14.29%) Continuous Improvement
2 1 (14.29%) Decision-Making
2 1 (14.29%) Economics
2 1 (14.29%) ETL
2 1 (14.29%) Mathematics
2 1 (14.29%) Operations Research
2 1 (14.29%) Problem-Solving
2 1 (14.29%) Project Planning
2 1 (14.29%) Quantitative Analysis
2 1 (14.29%) Remediation Plan
2 1 (14.29%) Statistics
2 1 (14.29%) Technical Leadership
2 1 (14.29%) Time Management
2 1 (14.29%) Unit Testing
2 1 (14.29%) User Acceptance Testing
2 1 (14.29%) Validation
2 1 (14.29%) Virtual Team Management
Programming Languages
1 4 (57.14%) SQL
2 2 (28.57%) VBA
3 1 (14.29%) C
3 1 (14.29%) C++
3 1 (14.29%) Java
3 1 (14.29%) MATLAB
3 1 (14.29%) R
Qualifications
1 1 (14.29%) Degree
1 1 (14.29%) Postgraduate
Quality Assurance & Compliance
1 7 (100.00%) IFRS
2 1 (14.29%) Basel II
2 1 (14.29%) Basel III