Period
to 12 December 2019

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 12 December 2019 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
12 Dec 2019
Same period 2018 Same period 2017
Rank 671 672 479
Rank change year-on-year +1 -193 +127
Contract jobs citing Market Risk 84 191 431
As % of all contract IT jobs advertised in England 0.12% 0.20% 0.45%
As % of the Miscellaneous category 0.37% 0.61% 1.36%
Number of daily rates quoted 63 149 311
England median daily rate £675 £650 £650
Median daily rate % change year-on-year +3.85% - -
10th Percentile £475 £469 £450
90th Percentile £810 £756 £938
UK median daily rate £675 £650 £650
% change year-on-year +3.85% - +4.00%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK median hourly rate - - -

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 22,828 31,350 31,723
As % of all contract IT jobs advertised in England 31.27% 32.54% 33.36%
Number of daily rates quoted 14,631 20,731 21,130
England median daily rate £475 £475 £450
Median daily rate % change year-on-year - +5.56% +5.88%
10th Percentile £260 £280 £263
90th Percentile £675 £663 £656
UK median daily rate £463 £475 £450
% change year-on-year -2.63% +5.56% +5.88%
Number of hourly rates quoted 934 965 918
England median hourly rate £23.30 £20.00 £20.60
Median hourly rate % change year-on-year +16.50% -2.91% +3.00%
10th Percentile £12.00 £12.06 £11.23
90th Percentile £53.75 £48.75 £47.83
UK median hourly rate £23.50 £20.00 £20.91
% change year-on-year +17.50% -4.35% +4.55%

Market Risk
Job Vacancy Trend in England

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

Job vacancy trend for Market Risk in England

Market Risk
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Market Risk in England

Market Risk
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Market Risk in England over the 6 months to 12 December 2019.

Contractor daily rate histogram for Market Risk in England

Market Risk
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 in England.

Contractor 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 12 December 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 -7 79 £675 +3.85% 4
South East - 5 £500 -
Market Risk
UK

For the 6 months to 12 December 2019, 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 58 (69.05%) Banking
2 56 (66.67%) Finance
3 47 (55.95%) Front Office
4 40 (47.62%) Java
5 39 (46.43%) Python
6 33 (39.29%) Derivative
7 32 (38.10%) SQL
8 30 (35.71%) Analytics
9 29 (34.52%) Foreign Exchange (FX)
10 25 (29.76%) Credit Risk
11 22 (26.19%) C#
11 22 (26.19%) Investment Banking
12 21 (25.00%) NoSQL
13 20 (23.81%) Risk Analytics
13 20 (23.81%) AWS
13 20 (23.81%) GCP
13 20 (23.81%) Kotlin
13 20 (23.81%) Google
13 20 (23.81%) Agile Software Development
14 18 (21.43%) Asset Management
14 18 (21.43%) MongoDB
15 17 (20.24%) Microservices
15 17 (20.24%) Oracle
15 17 (20.24%) Risk Management
16 16 (19.05%) Migration
16 16 (19.05%) PostgreSQL
16 16 (19.05%) Fixed Income
16 16 (19.05%) Web Services
16 16 (19.05%) Sybase
16 16 (19.05%) DB2

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 7 (8.33%) Apache Spark
2 2 (2.38%) Confluence
3 1 (1.19%) Apache
3 1 (1.19%) SAS
Applications
1 3 (3.57%) Microsoft Excel
2 1 (1.19%) Microsoft Office
2 1 (1.19%) Microsoft PowerPoint
Business Applications
1 16 (19.05%) FINCAD Analytics
2 1 (1.19%) SAP CO
2 1 (1.19%) SAP FI
2 1 (1.19%) SAP FI/CO
Cloud Services
1 20 (23.81%) AWS
1 20 (23.81%) GCP
2 16 (19.05%) AWS Step Functions
2 16 (19.05%) Azure
Database & Business Intelligence
1 21 (25.00%) NoSQL
2 18 (21.43%) MongoDB
3 16 (19.05%) Amazon Athena
3 16 (19.05%) Amazon Aurora
3 16 (19.05%) Amazon DynamoDB
3 16 (19.05%) Apache Cassandra
3 16 (19.05%) Couchbase
3 16 (19.05%) DB2
3 16 (19.05%) HBase
3 16 (19.05%) MariaDB
3 16 (19.05%) Neo4j
3 16 (19.05%) PostgreSQL
3 16 (19.05%) RDBMS
3 16 (19.05%) Redis
3 16 (19.05%) Relational Database
4 8 (9.52%) Hadoop
5 4 (4.76%) Big Data
6 2 (2.38%) SQL Server
7 1 (1.19%) Apache Hive
7 1 (1.19%) Data Lake
Development Applications
1 10 (11.90%) JIRA
2 4 (4.76%) Jenkins
3 3 (3.57%) Cucumber
3 3 (3.57%) Selenium
4 2 (2.38%) Subversion
4 2 (2.38%) TeamCity
General
1 58 (69.05%) Banking
2 56 (66.67%) Finance
3 47 (55.95%) Front Office
4 22 (26.19%) Investment Banking
Job Titles
1 45 (53.57%) Developer
2 24 (28.57%) Analyst
3 22 (26.19%) Java Developer
4 17 (20.24%) Risk Analyst
5 16 (19.05%) Senior Developer
6 12 (14.29%) AWS Developer
7 10 (11.90%) C# Developer
7 10 (11.90%) NoSQL Developer
7 10 (11.90%) Python Developer
8 9 (10.71%) Business Analyst
8 9 (10.71%) Quantitative Developer
8 9 (10.71%) Senior Java Developer
9 8 (9.52%) AWS Engineer
9 8 (9.52%) Cloud Developer
9 8 (9.52%) Qualitative Analyst
9 8 (9.52%) Quantitative Analyst
10 7 (8.33%) Risk Business Analyst
11 6 (7.14%) NoSQL Engineer
11 6 (7.14%) Quantitative Risk Analyst
11 6 (7.14%) Senior NoSQL Engineer
Libraries, Frameworks & Software Standards
1 16 (19.05%) Web Services
2 12 (14.29%) J2EE
3 5 (5.95%) .NET
4 4 (4.76%) Pandas
5 3 (3.57%) Gherkin
5 3 (3.57%) Spring
6 2 (2.38%) Kafka
6 2 (2.38%) Spring Boot
7 1 (1.19%) ASP.NET
7 1 (1.19%) Hibernate
7 1 (1.19%) Node.js
7 1 (1.19%) NumPy
7 1 (1.19%) SciPy
Miscellaneous
1 33 (39.29%) Derivative
2 29 (34.52%) Foreign Exchange (FX)
3 25 (29.76%) Credit Risk
4 16 (19.05%) Equity Derivative
4 16 (19.05%) Fixed Income
4 16 (19.05%) Hedge funds
5 12 (14.29%) Analytical Skills
6 8 (9.52%) Grid Computing
7 5 (5.95%) Data Structures
7 5 (5.95%) Reference Data
8 4 (4.76%) Algorithms
8 4 (4.76%) Greenfield Project
9 1 (1.19%) Equities
9 1 (1.19%) Interest Rate Derivative
9 1 (1.19%) OTC Derivatives
9 1 (1.19%) Self-Motivation
9 1 (1.19%) Spread Betting
9 1 (1.19%) SWIFT
Operating Systems
1 1 (1.19%) Unix
Processes & Methodologies
1 30 (35.71%) Analytics
2 20 (23.81%) Agile Software Development
2 20 (23.81%) Risk Analytics
3 18 (21.43%) Asset Management
4 17 (20.24%) Microservices
4 17 (20.24%) Risk Management
5 16 (19.05%) Migration
5 16 (19.05%) Software Engineering
6 13 (15.48%) Problem-Solving
6 13 (15.48%) Validation
7 10 (11.90%) Mathematics
8 9 (10.71%) Scrum
8 9 (10.71%) Stress Testing
9 8 (9.52%) Data Analysis
10 7 (8.33%) Physics
11 6 (7.14%) Business Analysis
11 6 (7.14%) Multithreading
12 5 (5.95%) BDD
12 5 (5.95%) Data Analytics
12 5 (5.95%) Performance Testing
Programming Languages
1 40 (47.62%) Java
2 39 (46.43%) Python
3 32 (38.10%) SQL
4 22 (26.19%) C#
5 20 (23.81%) Kotlin
6 15 (17.86%) Scala
7 14 (16.67%) C++
8 6 (7.14%) Java 8
9 5 (5.95%) Haskell
9 5 (5.95%) R
10 3 (3.57%) VBA
11 1 (1.19%) ABAP
11 1 (1.19%) C
Qualifications
1 6 (7.14%) PhD
2 3 (3.57%) Degree
3 2 (2.38%) CFA
4 1 (1.19%) Master's Degree
4 1 (1.19%) Postgraduate
4 1 (1.19%) SC Cleared
4 1 (1.19%) Security Cleared
Quality Assurance & Compliance
1 5 (5.95%) Data Quality
2 1 (1.19%) Basel III
2 1 (1.19%) IFRS
2 1 (1.19%) QA
Vendors
1 20 (23.81%) Google
2 17 (20.24%) Oracle
3 16 (19.05%) Sybase
4 2 (2.38%) Murex
5 1 (1.19%) Microsoft
5 1 (1.19%) Reuters
5 1 (1.19%) SAP