Period
to 8 August 2020

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 August 2020 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 Aug 2020
Same period 2019 Same period 2018
Rank 453 700 683
Rank change year-on-year +247 -17 -180
Contract jobs citing Market Risk 68 120 193
As % of all contract jobs advertised in England 0.22% 0.14% 0.21%
As % of the Miscellaneous category 0.64% 0.45% 0.63%
Number of daily rates quoted 54 94 158
Median daily rate £631 £625 £613
Median daily rate % change year-on-year +1.00% +2.04% +2.08%
10th Percentile £442 £466 £421
90th Percentile £750 £784 £865
UK median daily rate £631 £625 £613
% change year-on-year +1.00% +2.04% +2.08%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK median hourly rate £35.00 - -

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 10,608 26,537 30,758
As % of all contract IT jobs advertised in England 33.95% 31.93% 32.83%
Number of daily rates quoted 6,755 17,115 20,022
Median daily rate £500 £475 £475
Median daily rate % change year-on-year +5.26% - +5.56%
10th Percentile £263 £280 £275
90th Percentile £725 £675 £675
UK median daily rate £481 £475 £463
% change year-on-year +1.21% +2.70% +2.78%
Number of hourly rates quoted 461 947 956
Median hourly rate £34.00 £21.00 £21.50
Median hourly rate % change year-on-year +61.90% -2.33% +7.50%
10th Percentile £12.92 £11.66 £12.00
90th Percentile £52.50 £53.75 £50.62
Median hourly rate £31.61 £20.86 £21.50
% change year-on-year +51.57% -3.00% +7.50%

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 August 2020.

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 August 2020. 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 +157 67 £631 +1.00% 6
North West - 1 - -
North of England - 1 - -
Market Risk
UK

For the 6 months to 8 August 2020, 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 44 (64.71%) Finance
2 29 (42.65%) Banking
3 24 (35.29%) Python
4 20 (29.41%) Java
5 19 (27.94%) Risk Management
6 18 (26.47%) Agile Software Development
7 17 (25.00%) Front Office
8 15 (22.06%) Investment Banking
9 14 (20.59%) Credit Risk
9 14 (20.59%) Analytics
10 13 (19.12%) SQL
11 11 (16.18%) Foreign Exchange (FX)
11 11 (16.18%) Mathematics
11 11 (16.18%) Git (software)
12 10 (14.71%) Analytical Skills
12 10 (14.71%) Apache Spark
13 9 (13.24%) Problem-Solving
13 9 (13.24%) GitHub
13 9 (13.24%) Derivative
14 8 (11.76%) Risk Analytics
14 8 (11.76%) Kubernetes
15 7 (10.29%) Big Data
15 7 (10.29%) Stress Testing
15 7 (10.29%) Murex
16 6 (8.82%) Shell Script
16 6 (8.82%) Back Office
16 6 (8.82%) SQL Server
16 6 (8.82%) OO
16 6 (8.82%) TDD
16 6 (8.82%) Workflow

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 10 (14.71%) Apache Spark
2 4 (5.88%) Apache
3 1 (1.47%) DataSynapse
3 1 (1.47%) IBM HTTP Server
3 1 (1.47%) Tomcat
Applications
1 3 (4.41%) Microsoft Excel
2 1 (1.47%) Microsoft Office
2 1 (1.47%) Microsoft PowerPoint
2 1 (1.47%) MS Visio
2 1 (1.47%) Spreadsheet
Business Applications
1 1 (1.47%) Front Arena
Cloud Services
1 9 (13.24%) GitHub
2 6 (8.82%) AWS
2 6 (8.82%) Azure
3 3 (4.41%) Cloud Computing
4 1 (1.47%) Azure Stack
Communications & Networking
1 3 (4.41%) HTTP
Database & Business Intelligence
1 7 (10.29%) Big Data
2 6 (8.82%) Relational Database
2 6 (8.82%) SQL Server
3 4 (5.88%) Parquet
4 3 (4.41%) Couchbase
4 3 (4.41%) Flink
4 3 (4.41%) MongoDB
4 3 (4.41%) NoSQL
5 2 (2.94%) Data Mart
5 2 (2.94%) Hadoop
5 2 (2.94%) RDBMS
6 1 (1.47%) SQL Server Integration Services
Development Applications
1 11 (16.18%) Git (software)
2 5 (7.35%) JIRA
3 4 (5.88%) Maven
3 4 (5.88%) Sonatype Nexus
3 4 (5.88%) TeamCity
4 3 (4.41%) Jenkins
5 2 (2.94%) Ant
5 2 (2.94%) Team Foundation Server
5 2 (2.94%) Visual Studio Team System
6 1 (1.47%) JUnit
6 1 (1.47%) Zephyr
General
1 44 (64.71%) Finance
2 29 (42.65%) Banking
3 17 (25.00%) Front Office
4 15 (22.06%) Investment Banking
5 6 (8.82%) Back Office
6 4 (5.88%) Retail
7 2 (2.94%) French Language
8 1 (1.47%) Financial Institution
8 1 (1.47%) International Banking
Job Titles
1 35 (51.47%) Developer
2 21 (30.88%) Analyst
3 16 (23.53%) Business Analyst
4 14 (20.59%) Java Developer
5 13 (19.12%) Python Developer
6 9 (13.24%) Quantitative Developer
7 8 (11.76%) Market Risk Developer
7 8 (11.76%) Risk Analyst
8 7 (10.29%) Risk Business Analyst
9 6 (8.82%) Murex Analyst
10 5 (7.35%) Murex Business Analyst
10 5 (7.35%) Senior Developer
11 4 (5.88%) Front Office Developer
11 4 (5.88%) Market Risk Analyst
11 4 (5.88%) Market Risk Business Analyst
11 4 (5.88%) Senior Java Developer
12 3 (4.41%) Analytics Developer
12 3 (4.41%) Lead Business Analyst
12 3 (4.41%) Market Risk Java Developer
12 3 (4.41%) Senior Market Risk Java Developer
Libraries, Frameworks & Software Standards
1 6 (8.82%) Kafka
2 5 (7.35%) Web Services
3 4 (5.88%) .NET
3 4 (5.88%) Anaconda
3 4 (5.88%) Apache Avro
3 4 (5.88%) Spring
4 3 (4.41%) RESTful
4 3 (4.41%) Samza
5 2 (2.94%) Pandas
6 1 (1.47%) .NET Core
6 1 (1.47%) .NET Framework
6 1 (1.47%) AngularJS
6 1 (1.47%) ASP.NET MVC
6 1 (1.47%) JSON
6 1 (1.47%) Managed Extensibility Framework
6 1 (1.47%) NumPy
6 1 (1.47%) REST
6 1 (1.47%) SciPy
6 1 (1.47%) Spring Boot
6 1 (1.47%) WCF
Miscellaneous
1 14 (20.59%) Credit Risk
2 11 (16.18%) Foreign Exchange (FX)
3 10 (14.71%) Analytical Skills
4 9 (13.24%) Derivative
5 5 (7.35%) Fixed Income
5 5 (7.35%) Grid Computing
6 3 (4.41%) Greenfield Project
6 3 (4.41%) Management Information System
7 2 (2.94%) Algorithms
7 2 (2.94%) Credit Derivative
7 2 (2.94%) Equities
7 2 (2.94%) Interest Rate Derivative
7 2 (2.94%) OTC Derivatives
Operating Systems
1 5 (7.35%) Linux
2 2 (2.94%) Unix
3 1 (1.47%) Windows
3 1 (1.47%) Windows 10
Processes & Methodologies
1 19 (27.94%) Risk Management
2 18 (26.47%) Agile Software Development
3 14 (20.59%) Analytics
4 11 (16.18%) Mathematics
5 9 (13.24%) Problem-Solving
6 8 (11.76%) Risk Analytics
7 7 (10.29%) Stress Testing
8 6 (8.82%) OO
8 6 (8.82%) SDLC
8 6 (8.82%) TDD
8 6 (8.82%) Workflow
9 5 (7.35%) Asset Management
9 5 (7.35%) Multithreading
9 5 (7.35%) Project Management
9 5 (7.35%) Scenario Testing
10 4 (5.88%) Continuous Integration
10 4 (5.88%) Greeks
10 4 (5.88%) Quantitative Analysis
10 4 (5.88%) Release Management
10 4 (5.88%) Validation
Programming Languages
1 24 (35.29%) Python
2 20 (29.41%) Java
3 13 (19.12%) SQL
4 6 (8.82%) Shell Script
5 5 (7.35%) C++
5 5 (7.35%) Java 8
5 5 (7.35%) R
6 4 (5.88%) MATLAB
7 3 (4.41%) C#
7 3 (4.41%) Groovy
7 3 (4.41%) JavaScript
7 3 (4.41%) VBA
8 1 (1.47%) Scala
8 1 (1.47%) T-SQL
Qualifications
1 2 (2.94%) Degree
1 2 (2.94%) Master's Degree
2 1 (1.47%) PhD
Quality Assurance & Compliance
1 5 (7.35%) QA
2 1 (1.47%) Basel II
2 1 (1.47%) Data Quality
2 1 (1.47%) SLA
System Software
1 4 (5.88%) Docker
Systems Management
1 8 (11.76%) Kubernetes
2 1 (1.47%) Ansible
2 1 (1.47%) Control-M
Vendors
1 7 (10.29%) Murex
2 5 (7.35%) Databricks
2 5 (7.35%) Microsoft
3 4 (5.88%) MapR
4 2 (2.94%) AppDynamics
4 2 (2.94%) Bloomberg
4 2 (2.94%) Oracle
4 2 (2.94%) ServiceNow
4 2 (2.94%) Splunk
5 1 (1.47%) Informatica