Period
to 8 December 2021

The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 6 months to 8 December 2021 with a comparison to the same period over 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
UK > England
6 months to
8 Dec 2021
Same period 2020 Same period 2019
Rank 585 450 692
Rank change year-on-year -135 +242 +15
Contract jobs citing Market Risk 176 90 85
As % of all contract jobs advertised in England 0.25% 0.28% 0.12%
As % of the Miscellaneous category 0.79% 0.89% 0.40%
Number of daily rates quoted 137 49 64
10th Percentile £540 £510 £475
25th Percentile £575 £525 £575
Median daily rate (50th Percentile) £650 £625 £675
Median % change year-on-year +4.00% -7.41% +3.85%
75th Percentile £775 £700 £750
90th Percentile £925 £750 £809
UK median daily rate £650 £625 £675
% change year-on-year +4.00% -7.41% +3.85%

Market Risk is in the Generic IT Skills 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 generic IT skills.

All Generic IT Skills
England
Contract vacancies with a requirement for generic IT skills 22,211 10,169 21,006
As % of all contract IT jobs advertised in England 31.05% 32.15% 28.67%
Number of daily rates quoted 15,874 7,011 13,951
10th Percentile £300 £263 £263
25th Percentile £413 £363 £363
Median daily rate (50th Percentile) £525 £480 £475
Median % change year-on-year +9.38% +1.05% -
75th Percentile £644 £600 £588
90th Percentile £738 £700 £675
UK median daily rate £525 £475 £475
% change year-on-year +10.53% - -
Number of hourly rates quoted 654 368 772
10th Percentile £12.00 £12.46 £11.86
25th Percentile £15.04 £17.25 £14.94
Median hourly rate £24.03 £27.50 £20.50
Median % change year-on-year -12.62% +34.15% +2.50%
75th Percentile £49.19 £45.31 £46.00
90th Percentile £65.00 £57.88 £53.00
UK median hourly rate £24.91 £26.65 £21.00
% change year-on-year -6.53% +26.90% +5.00%

Market Risk
Job Vacancy Trend in England

Job postings citing Market Risk as a proportion of all IT jobs advertised in England.

Job vacancy trend for Market Risk in England

Market Risk
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Market Risk in England.

Daily rate trend for Market Risk in England

Market Risk
Daily Rate Histogram in England

Daily rate distribution for jobs citing Market Risk in England over the 6 months to 8 December 2021.

Daily rate histogram for Market Risk in England

Market Risk
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Market Risk in England.

Hourly rate trend for Market Risk in England

Market Risk
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 within the England region over the 6 months to 8 December 2021. 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 -116 175 £650 +4.00% 20
South East - 1 - - 2
Market Risk
UK

For the 6 months to 8 December 2021, IT contractor jobs citing Market Risk 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 Market Risk.

1 96 (54.55%) Finance
2 80 (45.45%) Banking
3 79 (44.89%) Social Skills
4 60 (34.09%) Python
5 54 (30.68%) Investment Banking
6 49 (27.84%) Front Office
7 48 (27.27%) Agile Software Development
7 48 (27.27%) Credit Risk
8 47 (26.70%) Analytics
9 45 (25.57%) C#
10 42 (23.86%) Java
11 38 (21.59%) C++
12 36 (20.45%) SQL
13 32 (18.18%) SQL Server
13 32 (18.18%) Derivative
13 32 (18.18%) Mathematics
14 28 (15.91%) Stress Testing
15 27 (15.34%) Physics
15 27 (15.34%) Microsoft Excel
15 27 (15.34%) Foreign Exchange (FX)
16 26 (14.77%) Risk Management
16 26 (14.77%) User Acceptance Testing
17 24 (13.64%) Test Automation
18 23 (13.07%) VBA
19 22 (12.50%) .NET
19 22 (12.50%) Microservices
19 22 (12.50%) Problem-Solving
20 21 (11.93%) SDLC
20 21 (11.93%) Fixed Income
21 20 (11.36%) Validation

Market Risk
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 17 (9.66%) Apache Spark
2 1 (0.57%) Apache
2 1 (0.57%) Confluence
2 1 (0.57%) IBM HTTP Server
2 1 (0.57%) SAS
2 1 (0.57%) SharePoint
Applications
1 27 (15.34%) Microsoft Excel
2 17 (9.66%) Microsoft Project
3 3 (1.70%) LaTeX
4 2 (1.14%) MS Visio
5 1 (0.57%) Microsoft Office
5 1 (0.57%) Microsoft PowerPoint
Business Applications
1 2 (1.14%) Bloomberg TOMS
1 2 (1.14%) Orchestrade
2 1 (0.57%) Endur
2 1 (0.57%) Loan IQ
Cloud Services
1 19 (10.80%) AWS
2 13 (7.39%) GCP
3 10 (5.68%) Azure
4 9 (5.11%) Amazon EMR
4 9 (5.11%) Datadog
4 9 (5.11%) IaaS
4 9 (5.11%) PaaS
4 9 (5.11%) Power Platform
5 5 (2.84%) Google Data Studio
6 3 (1.70%) OpenShift
7 2 (1.14%) NuGet
8 1 (0.57%) Azure Functions
8 1 (0.57%) Cloud Computing
8 1 (0.57%) GitHub
8 1 (0.57%) Serverless
Communications & Networking
1 1 (0.57%) HTTP
Database & Business Intelligence
1 32 (18.18%) SQL Server
2 16 (9.09%) NoSQL
3 14 (7.95%) Big Data
4 13 (7.39%) Hadoop
5 11 (6.25%) PostgreSQL
6 10 (5.68%) Data Lake
6 10 (5.68%) Data Warehouse
7 9 (5.11%) BigQuery
7 9 (5.11%) DB2
7 9 (5.11%) Delta Lake
7 9 (5.11%) MongoDB
7 9 (5.11%) Power BI
7 9 (5.11%) Relational Database
7 9 (5.11%) Tableau
8 6 (3.41%) SQL Server 2012
9 3 (1.70%) Flink
9 3 (1.70%) HBase
10 1 (0.57%) Azure SQL Data Warehouse
10 1 (0.57%) Couchbase
10 1 (0.57%) SQL Server Integration Services
Development Applications
1 13 (7.39%) JIRA
2 10 (5.68%) Bitbucket
3 8 (4.55%) Git (software)
4 7 (3.98%) TeamCity
5 6 (3.41%) Jenkins
6 4 (2.27%) Maven
7 3 (1.70%) Artifactory
8 2 (1.14%) Atlassian Bamboo
9 1 (0.57%) Ant
9 1 (0.57%) GitLab
9 1 (0.57%) Hudson
9 1 (0.57%) NUnit
9 1 (0.57%) Octopus Deploy
9 1 (0.57%) Rhino Mocks
9 1 (0.57%) SpecFlow
9 1 (0.57%) Subversion
9 1 (0.57%) Team Foundation Server
9 1 (0.57%) tSQLt
9 1 (0.57%) Visual Studio
9 1 (0.57%) Visual Studio Team System
General
1 96 (54.55%) Finance
2 80 (45.45%) Banking
3 79 (44.89%) Social Skills
4 54 (30.68%) Investment Banking
5 49 (27.84%) Front Office
6 16 (9.09%) Analytical Skills
7 13 (7.39%) Documentation Skills
8 11 (6.25%) Financial Institution
9 5 (2.84%) Back Office
9 5 (2.84%) Legal
10 2 (1.14%) International Banking
10 2 (1.14%) Presentation Skills
11 1 (0.57%) Marketing
Job Titles
1 74 (42.05%) Developer
2 64 (36.36%) Analyst
3 47 (26.70%) Risk Analyst
4 33 (18.75%) Business Analyst
5 29 (16.48%) C# Developer
6 21 (11.93%) Qualitative Analyst
6 21 (11.93%) Quantitative Analyst
6 21 (11.93%) Risk Business Analyst
7 20 (11.36%) Quantitative Risk Analyst
8 19 (10.80%) Market Risk Analyst
9 18 (10.23%) Quantitative Developer
10 17 (9.66%) C# Quant Developer
11 16 (9.09%) Banking Analyst
11 16 (9.09%) C++ Developer
11 16 (9.09%) C++ Quantitative Developer
11 16 (9.09%) C++/C# Developer
11 16 (9.09%) Python Developer
12 14 (7.95%) Risk Manager
13 12 (6.82%) Architect
13 12 (6.82%) Project Manager
Libraries, Frameworks & Software Standards
1 22 (12.50%) .NET
2 17 (9.66%) .NET Framework
3 13 (7.39%) AngularJS
4 11 (6.25%) Entity Framework
4 11 (6.25%) HTML
4 11 (6.25%) HTML5
5 10 (5.68%) ASP.NET
5 10 (5.68%) CSS
6 9 (5.11%) ASP.NET Web API
6 9 (5.11%) CSS3
6 9 (5.11%) React
6 9 (5.11%) Sass
7 7 (3.98%) WCF
7 7 (3.98%) WPF
8 5 (2.84%) Spring
9 4 (2.27%) Kafka
9 4 (2.27%) Pandas
9 4 (2.27%) Spring Boot
10 3 (1.70%) Samza
11 2 (1.14%) .NET Core
Miscellaneous
1 48 (27.27%) Credit Risk
2 32 (18.18%) Derivative
3 27 (15.34%) Foreign Exchange (FX)
4 21 (11.93%) Fixed Income
5 14 (7.95%) Hedge funds
6 12 (6.82%) Equities
7 11 (6.25%) Swaptions
8 8 (4.55%) Animation
9 5 (2.84%) Algorithms
10 4 (2.27%) Cloud Native
10 4 (2.27%) Credit Derivative
10 4 (2.27%) OTC Derivatives
11 3 (1.70%) Equity Derivative
11 3 (1.70%) Greenfield Project
11 3 (1.70%) Legacy Applications
12 2 (1.14%) Data Protection Act
12 2 (1.14%) Legacy Systems
12 2 (1.14%) Renewable Energy
12 2 (1.14%) Self-Motivation
12 2 (1.14%) Virtual Team
Operating Systems
1 8 (4.55%) Windows
2 2 (1.14%) Linux
3 1 (0.57%) Solaris
3 1 (0.57%) Unix
Processes & Methodologies
1 48 (27.27%) Agile Software Development
2 47 (26.70%) Analytics
3 32 (18.18%) Mathematics
4 28 (15.91%) Stress Testing
5 27 (15.34%) Physics
6 26 (14.77%) Risk Management
6 26 (14.77%) User Acceptance Testing
7 24 (13.64%) Test Automation
8 22 (12.50%) Microservices
8 22 (12.50%) Problem-Solving
9 21 (11.93%) SDLC
10 20 (11.36%) Model Validation
10 20 (11.36%) Quantitative Finance
10 20 (11.36%) Validation
11 19 (10.80%) Business Analysis
12 18 (10.23%) Business Intelligence
12 18 (10.23%) Continuous Integration
13 17 (9.66%) Continuous Delivery
13 17 (9.66%) Scrum
14 16 (9.09%) CRM
Programming Languages
1 60 (34.09%) Python
2 45 (25.57%) C#
3 42 (23.86%) Java
4 38 (21.59%) C++
5 36 (20.45%) SQL
6 23 (13.07%) VBA
7 14 (7.95%) JavaScript
8 11 (6.25%) R
9 10 (5.68%) TypeScript
10 8 (4.55%) Scala
10 8 (4.55%) T-SQL
11 4 (2.27%) F#
12 2 (1.14%) Haskell
12 2 (1.14%) MATLAB
13 1 (0.57%) Groovy
13 1 (0.57%) Java 8
13 1 (0.57%) PowerShell
Qualifications
1 16 (9.09%) Degree
2 5 (2.84%) Computer Science Degree
3 2 (1.14%) Master's Degree
4 1 (0.57%) PRINCE2 Practitioner
4 1 (0.57%) SC Cleared
4 1 (0.57%) Security Cleared
Quality Assurance & Compliance
1 15 (8.52%) Data Quality
2 5 (2.84%) GDPR
3 3 (1.70%) Basel II
3 3 (1.70%) QA
4 1 (0.57%) IFRS
4 1 (0.57%) IFRS 9
4 1 (0.57%) MiFID
4 1 (0.57%) PMO
System Software
1 7 (3.98%) Docker
Systems Management
1 9 (5.11%) Kubernetes
2 2 (1.14%) Control-M
3 1 (0.57%) ITRS Geneos
3 1 (0.57%) Terraform
Vendors
1 12 (6.82%) Oracle
2 11 (6.25%) Microsoft
3 10 (5.68%) AppDynamics
3 10 (5.68%) Splunk
4 7 (3.98%) Murex
5 5 (2.84%) Google
6 4 (2.27%) Bloomberg
7 3 (1.70%) Hortonworks
8 2 (1.14%) Barracuda Networks
8 2 (1.14%) Telerik
9 1 (0.57%) ServiceNow
9 1 (0.57%) Sybase