Period
to 26 July 2017

The median contractor rate for a Quantitative Risk Analyst was £875 per day in advertised job vacancies in England during the 6 months to 26 July 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.

Quantitative Risk Analyst
UK > England
6 months to
26 Jul 2017
Same period 2016 Same period 2015
Rank 795 826 842
Rank change year-on-year +31 +16 -17
Contract jobs requiring a Quantitative Risk Analyst 22 41 10
As % of all contract IT jobs advertised in England 0.025% 0.040% 0.010%
As % of the Job Titles category 0.026% 0.042% 0.010%
Number of daily rates quoted 13 28 10
England median daily rate £875 £650 £550
Median daily rate % change year-on-year +34.62% +18.18% +10.00%
10th Percentile £738 £510 £319
90th Percentile £950 £825 £825
UK median daily rate £875 £650 £550
% change year-on-year +34.62% +18.18% +10.00%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in England. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
England
Contract job vacancies with a job title containing a recognized job role 83190 96482 97394
As % of all contract IT job vacancies advertised in England 94.83% 95.11% 94.88%
Number of daily rates quoted 54340 63582 61420
England median daily rate £440 £425 £400
Median daily rate % change year-on-year +3.53% +6.25% -
10th Percentile £263 £258 £238
90th Percentile £625 £600 £588
UK median daily rate £430 £425 £400
% change year-on-year +1.18% +6.25% +1.01%
Number of hourly rates quoted 2649 2809 3806
England median hourly rate £18.18 £19.00 £17.50
Median hourly rate % change year-on-year -4.32% +8.57% +2.94%
10th Percentile £10.78 £10.50 £10.41
90th Percentile £48.75 £46.75 £44.50
UK median hourly rate £18.50 £19.00 £17.50
% change year-on-year -2.63% +8.57% +2.94%

Quantitative Risk Analyst
Job Vacancy Trend in England

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

Job vacancy trend for Quantitative Risk Analyst in England

Quantitative Risk Analyst
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Quantitative Risk Analyst in England

Quantitative Risk Analyst
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Quantitative Risk Analyst in England over the 6 months to 26 July 2017.

Contractor daily rate histogram for Quantitative Risk Analyst in England

Quantitative 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 Quantitative Risk Analyst within the England region over the 6 months to 26 July 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 +2 22 £875 +34.62% 1
Quantitative Risk Analyst
UK

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

For the 6 months to 26 July 2017, Quantitative 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 Quantitative Risk Analyst in the job title.

1 17 (77.27%) Market Risk
1 17 (77.27%) Front Office
2 13 (59.09%) Finance
2 13 (59.09%) C++
3 11 (50.00%) C#
3 11 (50.00%) Banking
3 11 (50.00%) Investment Banking
4 10 (45.45%) Validation
5 9 (40.91%) Mathematics
5 9 (40.91%) Physics
5 9 (40.91%) Quantitative Finance
6 8 (36.36%) QA
6 8 (36.36%) Stress Testing
6 8 (36.36%) Internal Audit
6 8 (36.36%) Stochastic Modelling
6 8 (36.36%) Benchmarking
6 8 (36.36%) Derivative
7 7 (31.82%) Agile Software Development
7 7 (31.82%) R
7 7 (31.82%) Big Data
7 7 (31.82%) Hadoop
7 7 (31.82%) Scenario Testing
8 6 (27.27%) PnL Attribution
8 6 (27.27%) Credit Risk
9 5 (22.73%) Risk Management
10 4 (18.18%) Analytics
10 4 (18.18%) Back Office
11 3 (13.64%) Stakeholder Management
11 3 (13.64%) Python
11 3 (13.64%) Data Analytics

Quantitative 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:

Applications
1 1 (4.55%) Microsoft Excel
Database & Business Intelligence
1 7 (31.82%) Big Data
1 7 (31.82%) Hadoop
Development Applications
1 3 (13.64%) JIRA
General
1 17 (77.27%) Front Office
2 13 (59.09%) Finance
3 11 (50.00%) Banking
3 11 (50.00%) Investment Banking
4 4 (18.18%) Back Office
Miscellaneous
1 17 (77.27%) Market Risk
2 8 (36.36%) Derivative
3 6 (27.27%) Credit Risk
4 1 (4.55%) Analytical Skills
4 1 (4.55%) Computer Science
Processes & Methodologies
1 10 (45.45%) Validation
2 9 (40.91%) Mathematics
2 9 (40.91%) Physics
2 9 (40.91%) Quantitative Finance
3 8 (36.36%) Benchmarking
3 8 (36.36%) Internal Audit
3 8 (36.36%) Stochastic Modelling
3 8 (36.36%) Stress Testing
4 7 (31.82%) Agile Software Development
4 7 (31.82%) Scenario Testing
5 6 (27.27%) PnL Attribution
6 5 (22.73%) Risk Management
7 4 (18.18%) Analytics
8 3 (13.64%) Credit Risk Modelling
8 3 (13.64%) Data Analytics
8 3 (13.64%) Stakeholder Management
9 1 (4.55%) Data Analysis
9 1 (4.55%) OO
9 1 (4.55%) OOP
9 1 (4.55%) Regulatory Compliance
Programming Languages
1 13 (59.09%) C++
2 11 (50.00%) C#
3 7 (31.82%) R
4 3 (13.64%) Python
5 1 (4.55%) SQL
5 1 (4.55%) VBA
Qualifications
1 2 (9.09%) Degree
1 2 (9.09%) Master's Degree
2 1 (4.55%) PhD
Quality Assurance & Compliance
1 8 (36.36%) QA
2 1 (4.55%) MiFID
City, London
Haysfm
Rate: £650.00 - £750.00 per day
Posted: 2 days ago