The following table provides summary statistics for contract job vacancies advertised in Edinburgh with a requirement for Risk Analytics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Risk Analytics over the 3 months to 25 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.

Risk Analytics
Scotland / Edinburgh
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 69 95 80
Rank change year-on-year +26 -15  
Contract jobs citing Risk Analytics 13 1 7
As % of all contract IT jobs advertised in Edinburgh 1.09% 0.075% 0.49%
As % of the Processes & Methodologies category 1.31% 0.088% 0.59%
Number of daily rates quoted 3 0 4
Median daily rate £550 - £450
UK excluding London median daily rate £410 £396 £450
% change year-on-year +3.53% -12.00%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Risk Analytics 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 Edinburgh with a requirement for process and methodology skills.

Contract Process & Methodology Skills
Edinburgh
Contract job vacancies with a requirement for process and methodology skills 996 1130 1186
As % of all contract IT job vacancies advertised in Edinburgh 83.70% 85.28% 82.53%
Number of daily rates quoted 587 618 623
Median daily rate £400 £400 £375
Median daily rate % change year-on-year - +6.66%  
90% offered a daily rate of more than £300 £290 £275
10% offered a daily rate of more than £600 £525 £500
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 9 7 16
Median hourly rate £15.86 £15.82 £35.00
Median hourly rate % change year-on-year +0.28% -54.81%  
90% offered a hourly rate of more than £14.50 £11.61 £12.52
10% offered a hourly rate of more than £43.39 £42.50 £42.50
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Risk Analytics
Job Vacancy Trend in Edinburgh

The job posting trend of jobs advertised in Edinburgh citing Risk Analytics as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Risk Analytics in Edinburgh

Risk Analytics
Contractor Daily Rate Trend in Edinburgh

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

Contractor daily rate trend for Risk Analytics in Edinburgh

For the 6 months to 25 June 2017, IT contractor jobs citing Risk Analytics 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 Risk Analytics.

1 16 (100.00%) MATLAB
1 16 (100.00%) Analytics
2 15 (93.75%) SAS
3 13 (81.25%) Machine Learning
4 12 (75.00%) Statistics
4 12 (75.00%) Mathematics
4 12 (75.00%) Finance
4 12 (75.00%) Regulatory Compliance
5 11 (68.75%) Data Management
5 11 (68.75%) Python
6 10 (62.50%) Applied Mathematics
7 9 (56.25%) PhD
8 8 (50.00%) Econometrics
8 8 (50.00%) R
9 7 (43.75%) Tableau
9 7 (43.75%) Spotfire
9 7 (43.75%) QlikView
9 7 (43.75%) Analytical Skills
10 6 (37.50%) SQL
11 5 (31.25%) Data Analysis
11 5 (31.25%) Statistical Analysis
11 5 (31.25%) Degree
12 4 (25.00%) Signal Processing
12 4 (25.00%) Performance Monitoring
12 4 (25.00%) Predictive Analytics
12 4 (25.00%) Economics
13 3 (18.75%) VBA
14 2 (12.50%) Data Modelling
14 2 (12.50%) Risk Management
14 2 (12.50%) Marketing

Risk Analytics
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 15 (93.75%) SAS
Database & Business Intelligence
1 7 (43.75%) QlikView
1 7 (43.75%) Spotfire
2 1 (6.25%) Big Data
General
1 12 (75.00%) Finance
2 2 (12.50%) Marketing
Job Titles
1 6 (37.50%) Analyst
2 5 (31.25%) Analytics Manager
3 3 (18.75%) Risk Analyst
4 2 (12.50%) Data Analytics Analyst
4 2 (12.50%) SAS Analyst
5 1 (6.25%) Analytics Consultant
5 1 (6.25%) Consultant
5 1 (6.25%) Qualitative Analyst
5 1 (6.25%) Quantitative Analyst
5 1 (6.25%) Risk Analytics Manager
5 1 (6.25%) Risk Manager
Miscellaneous
1 7 (43.75%) Analytical Skills
2 2 (12.50%) Credit Risk
Processes & Methodologies
1 16 (100.00%) Analytics
2 13 (81.25%) Machine Learning
3 12 (75.00%) Mathematics
3 12 (75.00%) Regulatory Compliance
3 12 (75.00%) Statistics
4 11 (68.75%) Data Management
5 10 (62.50%) Applied Mathematics
6 8 (50.00%) Econometrics
7 5 (31.25%) Data Analysis
7 5 (31.25%) Statistical Analysis
8 4 (25.00%) Economics
8 4 (25.00%) Performance Monitoring
8 4 (25.00%) Predictive Analytics
8 4 (25.00%) Signal Processing
9 2 (12.50%) Credit Risk Analytics
9 2 (12.50%) Data Modelling
9 2 (12.50%) Marketing Analytics
9 2 (12.50%) Predictive Modelling
9 2 (12.50%) Risk Management
9 2 (12.50%) Visualisation
Programming Languages
1 16 (100.00%) MATLAB
2 11 (68.75%) Python
3 8 (50.00%) R
4 6 (37.50%) SQL
5 3 (18.75%) VBA
Qualifications
1 9 (56.25%) PhD
2 5 (31.25%) Degree
3 2 (12.50%) Numerate Degree
Vendors
1 7 (43.75%) Tableau