Period
to 28 March 2020

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Basel II skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Basel II over the 6 months to 28 March 2020 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.

Basel II
UK > England
6 months to
28 Mar 2020
Same period 2019 Same period 2018
Rank 662 830 842
Rank change year-on-year +168 +12 -29
Contract jobs citing Basel II 11 6 15
As % of all contract jobs advertised in England 0.019% 0.007% 0.016%
As % of the Quality Assurance & Compliance category 0.19% 0.063% 0.13%
Number of daily rates quoted 5 5 13
Median daily rate £450 £618 £420
Median daily rate % change year-on-year -27.13% +47.02% -2.21%
10th Percentile £405 £481 £348
90th Percentile £538 £705 £682
UK median daily rate £450 £618 £420
% change year-on-year -27.13% +47.02% -1.18%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK median hourly rate - - -

Basel II 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 England with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
England
Contract vacancies with a requirement for quality assurance or compliance skills 5,722 9,505 11,820
As % of all contract IT jobs advertised in England 10.07% 10.75% 12.69%
Number of daily rates quoted 3,521 6,007 7,619
Median daily rate £450 £450 £450
10th Percentile £233 £250 £263
90th Percentile £638 £650 £638
UK median daily rate £450 £450 £450
Number of hourly rates quoted 259 313 331
Median hourly rate £25.68 £22.00 £21.90
Median hourly rate % change year-on-year +16.73% +0.46% +6.83%
10th Percentile £13.48 £10.64 £12.00
90th Percentile £53.00 £50.00 £57.50
Median hourly rate £25.60 £22.00 £22.25
% change year-on-year +16.34% -1.12% +3.49%

Basel II
Job Vacancy Trend in England

Job postings citing Basel II as a proportion of all IT jobs advertised in England.

Job vacancy trend for Basel II in England

Basel II
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Basel II in England.

Daily rate trend for Basel II in England

Basel II
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Basel II in England.

Hourly rate trend for Basel II in England

Basel II
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Basel II within the England region over the 6 months to 28 March 2020. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +163 11 £450 -27.13%
Basel II
UK

For the 6 months to 28 March 2020, IT contractor jobs citing Basel II 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 England region with a requirement for Basel II.

1 10 (90.91%) Finance
2 8 (72.73%) Credit Risk
3 7 (63.64%) Basel III
3 7 (63.64%) Banking
4 6 (54.55%) Agile Software Development
4 6 (54.55%) CRD IV
5 5 (45.45%) Collateral Management
5 5 (45.45%) Investment Banking
5 5 (45.45%) Risk Management
5 5 (45.45%) GAP Analysis
6 2 (18.18%) CISA
6 2 (18.18%) CISM
6 2 (18.18%) ITIL
6 2 (18.18%) CISSP
6 2 (18.18%) Information Security
6 2 (18.18%) Information Management
6 2 (18.18%) Economics
6 2 (18.18%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
6 2 (18.18%) NIST
6 2 (18.18%) Project Delivery
6 2 (18.18%) Dodd-Frank
6 2 (18.18%) Data Quality
6 2 (18.18%) Risk Analytics
6 2 (18.18%) Analytics
6 2 (18.18%) EMIR
6 2 (18.18%) ISO/IEC 27001
6 2 (18.18%) COBIT
6 2 (18.18%) MiFID
7 1 (9.09%) Computer Science
7 1 (9.09%) Market Risk

Basel II
Co-occurring IT Skills in England 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 (9.09%) SAS
Applications
1 1 (9.09%) Microsoft Excel
1 1 (9.09%) Microsoft PowerPoint
1 1 (9.09%) MS Visio
Database & Business Intelligence
1 1 (9.09%) Qlik Sense
General
1 10 (90.91%) Finance
2 7 (63.64%) Banking
3 5 (45.45%) Investment Banking
4 1 (9.09%) Front Office
4 1 (9.09%) Retail
4 1 (9.09%) Wholesale Banking
Job Titles
1 8 (72.73%) Analyst
1 8 (72.73%) Business Analyst
2 2 (18.18%) Credit Analyst
2 2 (18.18%) Credit Risk Analyst
2 2 (18.18%) Credit Risk Business Analyst
2 2 (18.18%) Information Officer
2 2 (18.18%) Information Security Officer
2 2 (18.18%) Risk Analyst
2 2 (18.18%) Risk Business Analyst
2 2 (18.18%) Security Officer
3 1 (9.09%) Credit Risk Manager
3 1 (9.09%) Credit Risk Project Manager
3 1 (9.09%) Project Manager
3 1 (9.09%) Risk Management Project Manager
3 1 (9.09%) Risk Manager
3 1 (9.09%) Risk Project Manager
Miscellaneous
1 8 (72.73%) Credit Risk
2 1 (9.09%) Management Information System
2 1 (9.09%) Market Risk
Processes & Methodologies
1 6 (54.55%) Agile Software Development
2 5 (45.45%) Collateral Management
2 5 (45.45%) GAP Analysis
2 5 (45.45%) Risk Management
3 2 (18.18%) Analytics
3 2 (18.18%) Economics
3 2 (18.18%) Information Management
3 2 (18.18%) Information Security
3 2 (18.18%) ITIL
3 2 (18.18%) Project Delivery
3 2 (18.18%) Risk Analytics
4 1 (9.09%) Business Analysis
4 1 (9.09%) Computer Science
4 1 (9.09%) Information Security Governance
4 1 (9.09%) Regression Analysis
4 1 (9.09%) Requirements Management
4 1 (9.09%) Stakeholder Engagement
4 1 (9.09%) Stakeholder Management
4 1 (9.09%) Stress Testing
4 1 (9.09%) Systems Analysis
Programming Languages
1 1 (9.09%) SQL
1 1 (9.09%) VBA
Qualifications
1 2 (18.18%) CISA
1 2 (18.18%) CISM
1 2 (18.18%) CISSP
Quality Assurance & Compliance
1 7 (63.64%) Basel III
2 6 (54.55%) CRD IV
3 2 (18.18%) COBIT
3 2 (18.18%) Data Quality
3 2 (18.18%) Dodd-Frank
3 2 (18.18%) EMIR
3 2 (18.18%) ISO/IEC 27001
3 2 (18.18%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
3 2 (18.18%) MiFID
3 2 (18.18%) NIST
4 1 (9.09%) IFRS
4 1 (9.09%) IFRS 9
4 1 (9.09%) Sarbanes-Oxley