Period
to 21 November 2017

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 21 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.

Basel II
UK > England
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 831 855 815
Rank change year-on-year +24 -40 -32
Contract jobs citing Basel II 24 16 50
As % of all contract IT jobs advertised in England 0.025% 0.016% 0.048%
As % of the Quality Assurance & Compliance category 0.20% 0.15% 0.41%
Number of daily rates quoted 21 9 38
England median daily rate £375 £463 £500
Median daily rate % change year-on-year -18.92% -7.50% -
10th Percentile £325 £365 £337
90th Percentile £575 £675 £641
UK median daily rate £375 £463 £490
% change year-on-year -18.92% -5.61% -2.00%
Number of hourly rates quoted 0 0 0
England 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 12011 10994 12235
As % of all contract IT jobs advertised in England 12.66% 11.30% 11.79%
Number of daily rates quoted 7904 7236 7864
England median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £228 £237
90th Percentile £638 £600 £588
UK median daily rate £438 £425 £405
% change year-on-year +2.94% +4.94% +1.25%
Number of hourly rates quoted 334 380 430
England median hourly rate £20.00 £22.67 £21.64
Median hourly rate % change year-on-year -11.77% +4.75% +10.97%
10th Percentile £11.05 £10.99 £11.48
90th Percentile £50.00 £47.25 £51.25
UK median hourly rate £20.00 £22.84 £22.50
% change year-on-year -12.42% +1.49% +15.38%

Basel II
Job Vacancy Trend in England

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

Job vacancy trend for Basel II in England

Basel II
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Basel II in England.

Contractor daily rate trend for Basel II in England

Basel II
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Basel II in England over the 6 months to 21 November 2017.

Contractor daily rate histogram for Basel II in England

Basel II
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Basel II in England.

Contractor 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 21 November 2017. 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 -13 15 £450 -25.00% 4
South East - 6 £363 -
North of England +55 3 £550 +37.50%
Yorkshire +24 2 £550 +37.50%
North West - 1 £425 -
Basel II
UK

For the 6 months to 21 November 2017, IT contractor jobs citing Basel II 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 England region with a requirement for Basel II.

1 21 (87.50%) Finance
2 16 (66.67%) Microsoft Excel
2 16 (66.67%) Credit Risk
2 16 (66.67%) Risk Management
3 15 (62.50%) Banking
4 14 (58.33%) Microsoft PowerPoint
5 12 (50.00%) MS Visio
6 10 (41.67%) Market Risk
7 9 (37.50%) VBA
7 9 (37.50%) IFRS
7 9 (37.50%) IFRS 9
7 9 (37.50%) Analytical Skills
8 8 (33.33%) SQL Server
8 8 (33.33%) SQL
8 8 (33.33%) Stress Testing
8 8 (33.33%) Degree
9 7 (29.17%) Retail Banking
9 7 (29.17%) Economics
10 6 (25.00%) Data Modelling
10 6 (25.00%) SAS
10 6 (25.00%) Project Management
10 6 (25.00%) Test Scripting
10 6 (25.00%) Mathematics
10 6 (25.00%) Regression Analysis
10 6 (25.00%) Numerate Degree
10 6 (25.00%) Data Flow Diagram
10 6 (25.00%) Credit Risk Modelling
11 5 (20.83%) Data Quality
11 5 (20.83%) Business Analysis
11 5 (20.83%) SMS

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 6 (25.00%) SAS
Applications
1 16 (66.67%) Microsoft Excel
2 14 (58.33%) Microsoft PowerPoint
3 12 (50.00%) MS Visio
Communications & Networking
1 5 (20.83%) SMS
Database & Business Intelligence
1 8 (33.33%) SQL Server
Development Applications
1 2 (8.33%) JIRA
General
1 21 (87.50%) Finance
2 15 (62.50%) Banking
3 7 (29.17%) Retail Banking
4 4 (16.67%) Financial Institution
4 4 (16.67%) Front Office
5 1 (4.17%) Corporate Banking
5 1 (4.17%) Investment Banking
5 1 (4.17%) Law
Job Titles
1 21 (87.50%) Analyst
2 15 (62.50%) Risk Analyst
3 11 (45.83%) Business Analyst
4 7 (29.17%) Credit Analyst
4 7 (29.17%) Credit Risk Analyst
5 6 (25.00%) Risk Business Analyst
6 5 (20.83%) Test Analyst
7 3 (12.50%) Testing Analyst
8 2 (8.33%) Credit Risk Business Analyst
8 2 (8.33%) Project Manager
8 2 (8.33%) Regulatory Business Analyst
9 1 (4.17%) Banking Project Manager
9 1 (4.17%) Compliance Project Manager
9 1 (4.17%) Financial Services Project Manager
9 1 (4.17%) IT Analyst
9 1 (4.17%) Payments Analyst
9 1 (4.17%) Payments Business Analyst
9 1 (4.17%) Regulatory Compliance Manager
9 1 (4.17%) Regulatory Compliance Project Manager
9 1 (4.17%) Regulatory Reporting Business Analyst
Miscellaneous
1 16 (66.67%) Credit Risk
2 10 (41.67%) Market Risk
3 9 (37.50%) Analytical Skills
4 3 (12.50%) Computer Science
5 2 (8.33%) Derivative
6 1 (4.17%) Data Protection Act
6 1 (4.17%) Management Information System
6 1 (4.17%) SWIFT
6 1 (4.17%) Virtual Team
Processes & Methodologies
1 16 (66.67%) Risk Management
2 8 (33.33%) Stress Testing
3 7 (29.17%) Economics
4 6 (25.00%) Credit Risk Modelling
4 6 (25.00%) Data Flow Diagram
4 6 (25.00%) Data Modelling
4 6 (25.00%) Mathematics
4 6 (25.00%) Project Management
4 6 (25.00%) Regression Analysis
4 6 (25.00%) Test Scripting
5 5 (20.83%) Business Analysis
6 3 (12.50%) Agile Software Development
6 3 (12.50%) Migration
6 3 (12.50%) Regulatory Compliance
7 2 (8.33%) Data Analysis
7 2 (8.33%) IT Strategy
7 2 (8.33%) PRINCE2
7 2 (8.33%) Security Testing
7 2 (8.33%) Translating Business Requirements
8 1 (4.17%) Data Protection
Programming Languages
1 9 (37.50%) VBA
2 8 (33.33%) SQL
3 2 (8.33%) PL/SQL
4 1 (4.17%) C
4 1 (4.17%) C#
Qualifications
1 8 (33.33%) Degree
2 6 (25.00%) Numerate Degree
Quality Assurance & Compliance
1 9 (37.50%) IFRS
1 9 (37.50%) IFRS 9
2 5 (20.83%) Data Quality
3 4 (16.67%) COREP
4 3 (12.50%) Basel III
5 2 (8.33%) CRD IV
5 2 (8.33%) GDPR
5 2 (8.33%) MiFID
5 2 (8.33%) Sarbanes-Oxley
5 2 (8.33%) Solvency II
6 1 (4.17%) Dodd-Frank
6 1 (4.17%) EMIR
6 1 (4.17%) IAS 39
6 1 (4.17%) PSD2
Vendors
1 2 (8.33%) Oracle
2 1 (4.17%) FIS