Period
to 20 November 2017

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

Foreign Account Tax Compliance Act (FATCA)
UK > England
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 823 762 770
Rank change year-on-year -61 +8 +3
Contract jobs citing FATCA 26 114 101
As % of all contract IT jobs advertised in England 0.028% 0.12% 0.097%
As % of the Quality Assurance & Compliance category 0.22% 1.05% 0.82%
Number of daily rates quoted 23 81 64
England median daily rate £475 £550 £495
Median daily rate % change year-on-year -13.64% +11.11% -10.00%
10th Percentile £300 £388 £333
90th Percentile £688 £650 £668
UK median daily rate £463 £550 £475
% change year-on-year -15.91% +15.79% -13.64%
Number of hourly rates quoted 0 0 1
England median hourly rate - - £17.00
UK median hourly rate - - £17.00

FATCA 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 11914 10905 12318
As % of all contract IT jobs advertised in England 12.67% 11.29% 11.79%
Number of daily rates quoted 7840 7180 7931
England median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £228 £238
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 331 380 431
England median hourly rate £20.00 £22.84 £21.64
Median hourly rate % change year-on-year -12.42% +5.52% +10.97%
10th Percentile £11.00 £10.99 £11.50
90th Percentile £50.00 £47.25 £51.25
UK median hourly rate £20.00 £23.50 £22.50
% change year-on-year -14.89% +4.44% +18.42%

FATCA
Job Vacancy Trend in England

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

Job vacancy trend for FATCA in England

FATCA
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for FATCA in England

FATCA
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing FATCA in England over the 6 months to 20 November 2017.

Contractor daily rate histogram for FATCA in England

FATCA
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 FATCA within the England region over the 6 months to 20 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 -96 21 £450 -18.18% 3
Midlands - 3 £500 -
West Midlands - 3 £500 -
South East -1 2 £525 -2.33%
FATCA
UK

For the 6 months to 20 November 2017, IT contractor jobs citing FATCA 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 FATCA.

1 19 (73.08%) MiFID
2 17 (65.38%) Banking
3 12 (46.15%) Investment Banking
4 11 (42.31%) EMIR
5 10 (38.46%) Finance
6 7 (26.92%) Business Analysis
7 6 (23.08%) Change Management
7 6 (23.08%) Analytical Skills
8 5 (19.23%) Regulatory Compliance
8 5 (19.23%) Acceptance Criteria
8 5 (19.23%) Management Information System
8 5 (19.23%) Risk Management
8 5 (19.23%) Test Strategy
8 5 (19.23%) User Acceptance Testing
8 5 (19.23%) Test Scripting
9 4 (15.38%) Data Mapping
9 4 (15.38%) AIFMD
9 4 (15.38%) Project Management
9 4 (15.38%) MS Visio
9 4 (15.38%) KYC
10 3 (11.54%) GDPR
10 3 (11.54%) IFRS
10 3 (11.54%) XML
10 3 (11.54%) Unix
10 3 (11.54%) Linux
10 3 (11.54%) Microsoft Excel
10 3 (11.54%) LAN
10 3 (11.54%) WAN
10 3 (11.54%) TCP/IP
10 3 (11.54%) Middleware

FATCA
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 (3.85%) Apache Spark
Applications
1 4 (15.38%) MS Visio
2 3 (11.54%) Microsoft Excel
2 3 (11.54%) Microsoft PowerPoint
Communications & Networking
1 3 (11.54%) LAN
1 3 (11.54%) TCP/IP
1 3 (11.54%) WAN
Database & Business Intelligence
1 1 (3.85%) Big Data
1 1 (3.85%) Relational Database
Development Applications
1 1 (3.85%) JIRA
General
1 17 (65.38%) Banking
2 12 (46.15%) Investment Banking
3 10 (38.46%) Finance
4 2 (7.69%) Retail Banking
5 1 (3.85%) Advertising
5 1 (3.85%) Corporate Banking
5 1 (3.85%) Financial Institution
5 1 (3.85%) Front Office
5 1 (3.85%) Retail
Job Titles
1 17 (65.38%) Analyst
1 17 (65.38%) Business Analyst
2 9 (34.62%) MiFID Business Analyst
3 5 (19.23%) Project Manager
3 5 (19.23%) Regulatory Business Analyst
4 3 (11.54%) Data Business Analyst
5 2 (7.69%) Banking Analyst
5 2 (7.69%) Finance Business Analyst
5 2 (7.69%) Financial Analyst
5 2 (7.69%) Financial Business Analyst
5 2 (7.69%) Financial Services Business Analyst
5 2 (7.69%) Service Analyst
6 1 (3.85%) Big Data Engineer
6 1 (3.85%) Business Manager
6 1 (3.85%) Business Project Manager
6 1 (3.85%) Change Manager
6 1 (3.85%) Investment Banking Business Analyst
6 1 (3.85%) Programme Manager
6 1 (3.85%) Project Analyst
6 1 (3.85%) Retail Banking Business Analyst
Libraries, Frameworks & Software Standards
1 3 (11.54%) Middleware
1 3 (11.54%) XML
Miscellaneous
1 6 (23.08%) Analytical Skills
2 5 (19.23%) Management Information System
3 1 (3.85%) Hedge funds
Operating Systems
1 3 (11.54%) Linux
1 3 (11.54%) Unix
Processes & Methodologies
1 7 (26.92%) Business Analysis
2 6 (23.08%) Change Management
3 5 (19.23%) Acceptance Criteria
3 5 (19.23%) Regulatory Compliance
3 5 (19.23%) Risk Management
3 5 (19.23%) Test Scripting
3 5 (19.23%) Test Strategy
3 5 (19.23%) User Acceptance Testing
4 4 (15.38%) Data Mapping
4 4 (15.38%) KYC
4 4 (15.38%) Project Management
5 3 (11.54%) Change Control
5 3 (11.54%) GAP Analysis
5 3 (11.54%) Stakeholder Engagement
5 3 (11.54%) Time Management
5 3 (11.54%) Use Case
5 3 (11.54%) Validation
6 2 (7.69%) Agile Software Development
6 2 (7.69%) Asset Management
6 2 (7.69%) Investment Management
Programming Languages
1 1 (3.85%) Scala
Qualifications
1 3 (11.54%) Degree
Quality Assurance & Compliance
1 19 (73.08%) MiFID
2 11 (42.31%) EMIR
3 4 (15.38%) AIFMD
4 3 (11.54%) GDPR
4 3 (11.54%) IFRS
5 2 (7.69%) Dodd-Frank
6 1 (3.85%) PMO
6 1 (3.85%) PSD2
6 1 (3.85%) Solvency II
6 1 (3.85%) UCITS