Period
to 20 July 2019

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for CRD IV skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited CRD IV over the 6 months to 20 July 2019 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.

Capital Requirements Directive IV (CDR 4)
UK > England
6 months to
20 Jul 2019
Same period 2018 Same period 2017
Rank 807 850 823
Rank change year-on-year +43 -27 +55
Contract jobs citing CRD IV 7 2 9
As % of all contract IT jobs advertised in England 0.008% 0.002% 0.010%
As % of the Quality Assurance & Compliance category 0.080% 0.018% 0.087%
Number of daily rates quoted 1 2 7
England median daily rate £525 £490 £610
Median daily rate % change year-on-year +7.14% -19.67% +0.62%
10th Percentile £513 £448 £485
90th Percentile £538 £548 £700
UK median daily rate £525 £490 £610
% change year-on-year +7.14% -19.67% +0.62%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK median hourly rate - - -

CRD IV 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 8,778 11,014 10,319
As % of all contract IT jobs advertised in England 10.33% 11.59% 11.76%
Number of daily rates quoted 5,501 7,058 6,732
England median daily rate £450 £450 £450
10th Percentile £246 £259 £256
90th Percentile £650 £638 £638
UK median daily rate £450 £450 £440
% change year-on-year - +2.27% +7.32%
Number of hourly rates quoted 368 356 334
England median hourly rate £22.63 £24.75 £19.00
Median hourly rate % change year-on-year -8.59% +30.26% -14.61%
10th Percentile £10.80 £11.50 £10.75
90th Percentile £53.75 £53.75 £52.20
UK median hourly rate £22.75 £23.25 £20.00
% change year-on-year -2.15% +16.25% -9.09%

CRD IV
Job Vacancy Trend in England

Job postings citing CRD IV as a percentage of all IT jobs advertised in England.

Job vacancy trend for CRD IV in England

CRD IV
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for CRD IV in England

CRD IV
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 CRD IV within the England region over the 6 months to 20 July 2019. 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 +53 5 £525 +7.14% 2
Yorkshire - 2 - -
North of England - 2 - -
CRD IV
UK

For the 6 months to 20 July 2019, IT contractor jobs citing CRD IV 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 CRD IV.

1 5 (71.43%) Finance
2 4 (57.14%) Banking
3 3 (42.86%) Microsoft Excel
4 2 (28.57%) User Acceptance Testing
4 2 (28.57%) SAS Data Integration Studio
4 2 (28.57%) Derivative
4 2 (28.57%) Degree
4 2 (28.57%) Risk Management
4 2 (28.57%) Credit Risk
4 2 (28.57%) Integration Testing
4 2 (28.57%) Basel III
4 2 (28.57%) MS Visio
4 2 (28.57%) SAS
4 2 (28.57%) SQL
4 2 (28.57%) Unix
4 2 (28.57%) Retail
4 2 (28.57%) Financial Institution
5 1 (14.29%) Validation
5 1 (14.29%) Front Office
5 1 (14.29%) Investment Banking
5 1 (14.29%) Microsoft PowerPoint
5 1 (14.29%) Windows
5 1 (14.29%) Python
5 1 (14.29%) C
5 1 (14.29%) C++
5 1 (14.29%) Java
5 1 (14.29%) VBA
5 1 (14.29%) .NET
5 1 (14.29%) Microsoft Project
5 1 (14.29%) Microsoft Office

CRD IV
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 2 (28.57%) SAS
Applications
1 3 (42.86%) Microsoft Excel
2 2 (28.57%) MS Visio
3 1 (14.29%) Microsoft Office
3 1 (14.29%) Microsoft PowerPoint
3 1 (14.29%) Microsoft Project
Database & Business Intelligence
1 2 (28.57%) SAS Data Integration Studio
2 1 (14.29%) Relational Database
General
1 5 (71.43%) Finance
2 4 (57.14%) Banking
3 2 (28.57%) Financial Institution
3 2 (28.57%) Retail
4 1 (14.29%) Front Office
4 1 (14.29%) Investment Banking
4 1 (14.29%) Wholesale Banking
Job Titles
1 4 (57.14%) Analyst
1 4 (57.14%) Business Analyst
2 3 (42.86%) Risk Analyst
3 2 (28.57%) Credit Analyst
3 2 (28.57%) Credit Risk Analyst
3 2 (28.57%) Credit Risk Business Analyst
3 2 (28.57%) Developer
3 2 (28.57%) Lead Developer
3 2 (28.57%) Risk Business Analyst
4 1 (14.29%) Banking Business Analyst
4 1 (14.29%) Market Risk Analyst
4 1 (14.29%) Qualitative Analyst
4 1 (14.29%) Quantitative Analyst
4 1 (14.29%) Quantitative Risk Analyst
4 1 (14.29%) Report Analyst
4 1 (14.29%) Senior Analyst
4 1 (14.29%) Senior Business Analyst
4 1 (14.29%) Senior Reporting Analyst
Libraries, Frameworks & Software Standards
1 1 (14.29%) .NET
Miscellaneous
1 2 (28.57%) Credit Risk
1 2 (28.57%) Derivative
2 1 (14.29%) Market Risk
Operating Systems
1 2 (28.57%) Unix
2 1 (14.29%) Windows
Processes & Methodologies
1 2 (28.57%) Integration Testing
1 2 (28.57%) Risk Management
1 2 (28.57%) User Acceptance Testing
2 1 (14.29%) Collateral Management
2 1 (14.29%) Computational Finance
2 1 (14.29%) Credit Risk Management
2 1 (14.29%) Factor Analysis
2 1 (14.29%) Fintech
2 1 (14.29%) Mathematics
2 1 (14.29%) Physics
2 1 (14.29%) PRINCE2
2 1 (14.29%) Project Management
2 1 (14.29%) Regtech
2 1 (14.29%) Statistics
2 1 (14.29%) Stress Testing
2 1 (14.29%) Test Strategy
2 1 (14.29%) Validation
Programming Languages
1 2 (28.57%) SQL
2 1 (14.29%) C
2 1 (14.29%) C++
2 1 (14.29%) Java
2 1 (14.29%) MATLAB
2 1 (14.29%) Python
2 1 (14.29%) VBA
Qualifications
1 2 (28.57%) Degree
2 1 (14.29%) PhD
Quality Assurance & Compliance
1 2 (28.57%) Basel III
2 1 (14.29%) Basel II
2 1 (14.29%) COREP
Vendors
1 1 (14.29%) Microsoft