Period
to 23 November 2017

The median contractor rate for a Market Risk Analyst was £700 per day in advertised job vacancies in England during the 6 months to 23 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Market Risk Analyst
UK > England
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 797 823 809
Rank change year-on-year +26 -14 -38
Contract jobs requiring a Market Risk Analyst 60 50 62
As % of all contract IT jobs advertised in England 0.063% 0.051% 0.060%
As % of the Job Titles category 0.067% 0.054% 0.063%
Number of daily rates quoted 35 27 41
England median daily rate £700 £660 £575
Median daily rate % change year-on-year +6.06% +14.78% +4.07%
10th Percentile £475 £420 £375
90th Percentile £938 £925 £675
UK median daily rate £700 £625 £575
% change year-on-year +12.00% +8.70% +4.07%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
England
Contract vacancies in England with a recognized job title 89884 92670 98656
% of contract IT jobs with a recognized job title 94.76% 94.76% 95.00%
Number of daily rates quoted 59938 60988 63819
England median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £256 £250
90th Percentile £625 £600 £600
UK median daily rate £450 £425 £400
% change year-on-year +5.88% +6.25% -
Number of hourly rates quoted 2667 3006 3819
England median hourly rate £18.50 £18.50 £18.00
Median hourly rate % change year-on-year - +2.78% +9.09%
10th Percentile £10.97 £10.50 £10.50
90th Percentile £47.90 £47.00 £45.00
UK median hourly rate £18.70 £18.00 £18.00
% change year-on-year +3.89% - +9.09%

Market Risk Analyst
Job Vacancy Trend in England

Job postings that featured Market Risk Analyst in the job title as a percentage of all IT jobs advertised in England.

Job vacancy trend for Market Risk Analyst in England

Market Risk Analyst
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Market Risk Analyst in England

Market Risk Analyst
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Market Risk Analyst in England over the 6 months to 23 November 2017.

Contractor daily rate histogram for Market Risk Analyst in England

Market Risk Analyst
Contractor Hourly Rate Trend in England

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

Contractor hourly rate trend for Market Risk Analyst in England

Market Risk Analyst
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 Market Risk Analyst within the England region over the 6 months to 23 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 -3 60 £700 +6.06% 4
Market Risk Analyst
UK

Market Risk Analyst Skill Set
Top 30 Co-occurring IT Skills in England

For the 6 months to 23 November 2017, Market Risk Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region featuring Market Risk Analyst in the job title.

1 60 (100.00%) Market Risk
2 39 (65.00%) Banking
3 34 (56.67%) Investment Banking
4 32 (53.33%) Finance
5 30 (50.00%) Front Office
6 22 (36.67%) Derivative
7 21 (35.00%) SQL
8 20 (33.33%) Business Analysis
9 16 (26.67%) PnL Attribution
10 15 (25.00%) Validation
10 15 (25.00%) C++
10 15 (25.00%) Agile Software Development
11 14 (23.33%) Mathematics
11 14 (23.33%) Physics
11 14 (23.33%) C#
12 13 (21.67%) Benchmarking
12 13 (21.67%) QA
12 13 (21.67%) Stochastic Modelling
12 13 (21.67%) Quantitative Finance
12 13 (21.67%) Internal Audit
13 11 (18.33%) Stress Testing
13 11 (18.33%) Hadoop
14 10 (16.67%) Big Data
15 9 (15.00%) Risk Management
15 9 (15.00%) Stakeholder Management
16 8 (13.33%) Foreign Exchange (FX)
16 8 (13.33%) Microsoft Excel
16 8 (13.33%) Java
16 8 (13.33%) R
17 7 (11.67%) Credit Risk

Market Risk Analyst Skill Set
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 (3.33%) Apache Pig
1 2 (3.33%) Apache Spark
Applications
1 8 (13.33%) Microsoft Excel
2 1 (1.67%) MS Visio
2 1 (1.67%) Spreadsheet
Business Applications
1 1 (1.67%) Oracle General Ledger
Cloud Services
1 2 (3.33%) OpenShift
Database & Business Intelligence
1 11 (18.33%) Hadoop
2 10 (16.67%) Big Data
3 3 (5.00%) Data Mining
3 3 (5.00%) Oracle Database
3 3 (5.00%) Oracle Database 11g
3 3 (5.00%) PowerPivot
3 3 (5.00%) Star Schema
4 2 (3.33%) MongoDB
4 2 (3.33%) MySQL
4 2 (3.33%) OLAP
4 2 (3.33%) OLAP Cube
4 2 (3.33%) Oracle OLAP
5 1 (1.67%) Apache Hive
5 1 (1.67%) Data Lake
5 1 (1.67%) Data Warehouse
5 1 (1.67%) HBase
5 1 (1.67%) Presto
Development Applications
1 2 (3.33%) Atlassian Bamboo
1 2 (3.33%) Cucumber
2 1 (1.67%) JIRA
General
1 39 (65.00%) Banking
2 34 (56.67%) Investment Banking
3 32 (53.33%) Finance
4 30 (50.00%) Front Office
5 6 (10.00%) Back Office
6 1 (1.67%) General Ledger
6 1 (1.67%) Japanese Language
6 1 (1.67%) Law
Libraries, Frameworks & Software Standards
1 3 (5.00%) Spring
2 2 (3.33%) Gherkin
2 2 (3.33%) MDX
2 2 (3.33%) XML
3 1 (1.67%) HTML
3 1 (1.67%) HTML5
3 1 (1.67%) JSON
3 1 (1.67%) REST
Miscellaneous
1 60 (100.00%) Market Risk
2 22 (36.67%) Derivative
3 8 (13.33%) Foreign Exchange (FX)
4 7 (11.67%) Credit Risk
4 7 (11.67%) Fixed Income
5 5 (8.33%) Analytical Skills
6 3 (5.00%) Equities
7 2 (3.33%) Computer Science
8 1 (1.67%) Credit Derivative
8 1 (1.67%) Equity Derivative
Operating Systems
1 1 (1.67%) Windows
Processes & Methodologies
1 20 (33.33%) Business Analysis
2 16 (26.67%) PnL Attribution
3 15 (25.00%) Agile Software Development
3 15 (25.00%) Validation
4 14 (23.33%) Mathematics
4 14 (23.33%) Physics
5 13 (21.67%) Benchmarking
5 13 (21.67%) Internal Audit
5 13 (21.67%) Quantitative Finance
5 13 (21.67%) Stochastic Modelling
6 11 (18.33%) Stress Testing
7 9 (15.00%) Risk Management
7 9 (15.00%) Stakeholder Management
8 7 (11.67%) Scenario Testing
9 6 (10.00%) Migration
10 5 (8.33%) Target Operating Model
10 5 (8.33%) User Acceptance Testing
11 4 (6.67%) Monte Carlo Method
11 4 (6.67%) SDLC
11 4 (6.67%) Waterfall
Programming Languages
1 21 (35.00%) SQL
2 15 (25.00%) C++
3 14 (23.33%) C#
4 8 (13.33%) Java
4 8 (13.33%) R
5 5 (8.33%) VBA
6 4 (6.67%) Perl
6 4 (6.67%) Python
7 3 (5.00%) PL/SQL
8 2 (3.33%) MATLAB
8 2 (3.33%) XMLA
9 1 (1.67%) Shell Script
Qualifications
1 2 (3.33%) Degree
2 1 (1.67%) Computer Science Degree
Quality Assurance & Compliance
1 13 (21.67%) QA
2 1 (1.67%) Basel II
2 1 (1.67%) MiFID
System Software
1 2 (3.33%) HDFS
Vendors
1 6 (10.00%) Oracle
2 4 (6.67%) Microsoft
3 2 (3.33%) Murex
3 2 (3.33%) Tableau