The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Basel II skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Basel II over the 3 months to 24 April 2017 with a comparison to the 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.

Basel II
England / London
3 months to
24 Apr 2017
Same period 2016 Same period 2015
Rank 394 421 411
Rank change year-on-year +27 -10  
Contract jobs citing Basel II 6 15 17
As % of all contract IT jobs advertised in London 0.030% 0.065% 0.075%
As % of the Quality Assurance & Compliance category 0.25% 0.61% 0.68%
Number of daily rates quoted 5 10 10
Median daily rate £550 £586 £525
Median daily rate % change year-on-year -6.18% +11.66%  
90% offered a daily rate of more than £445 £450 £345
10% offered a daily rate of more than £630 £675 £655
UK excluding London median daily rate £400 £500 £500
% change year-on-year -20.00% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Basel II is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
London
Contract job vacancies with a requirement for quality assurance and compliance skills 2422 2474 2506
As % of all contract IT job vacancies advertised in London 12.02% 10.68% 11.05%
Number of daily rates quoted 1716 1788 1757
Median daily rate £500 £450 £450
Median daily rate % change year-on-year +11.11% -  
90% offered a daily rate of more than £325 £277 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £395 £375
% change year-on-year +1.26% +5.33%  
Number of hourly rates quoted 29 22 19
Median hourly rate £20.00 £22.25 £21.75
Median hourly rate % change year-on-year -10.11% +2.29%  
90% offered a hourly rate of more than £13.23 £14.80 £14.00
10% offered a hourly rate of more than £46.85 £29.50 £113.00
UK excluding London median hourly rate £25.00 £33.00 £29.00
% change year-on-year -24.24% +13.79%  

Basel II
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Basel II as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for Basel II in London

Basel II
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Basel II in London.

Contractor daily rate trend for Basel II in London

Basel II
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Basel II in London over the 3 months to 24 April 2017.

Contractor daily rate histogram for Basel II in London

Basel II
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Basel II in London.

Contractor hourly rate trend for Basel II in London

Basel II
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Basel II within the London region over the 3 months to 24 April 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +7 1 - -
Basel II
England

For the 6 months to 24 April 2017, IT contractor jobs citing Basel II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Basel II.

1 7 (100.00%) Finance
2 4 (57.14%) GAP Analysis
2 4 (57.14%) Risk Management
3 3 (42.86%) Banking
3 3 (42.86%) Business Analysis
3 3 (42.86%) Stakeholder Management
3 3 (42.86%) Basel III
3 3 (42.86%) Reference Data
3 3 (42.86%) Use Case
4 2 (28.57%) IFRS
4 2 (28.57%) IFRS 9
4 2 (28.57%) Stress Testing
5 1 (14.29%) Agile Software Development
5 1 (14.29%) Programme Management
5 1 (14.29%) Microsoft PowerPoint
5 1 (14.29%) Corporate Banking
5 1 (14.29%) Degree
5 1 (14.29%) Credit Risk
5 1 (14.29%) Risk Analysis
5 1 (14.29%) Front Office
5 1 (14.29%) SQL
5 1 (14.29%) VBA
5 1 (14.29%) PRINCE2
5 1 (14.29%) Microsoft Excel
5 1 (14.29%) MS Visio
5 1 (14.29%) PMI
5 1 (14.29%) PMP
5 1 (14.29%) PMI Certification
5 1 (14.29%) CAD
5 1 (14.29%) Regression Analysis

Basel II
Co-occurring IT Skills in London 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 (14.29%) Microsoft Excel
1 1 (14.29%) Microsoft PowerPoint
1 1 (14.29%) MS Visio
General
1 7 (100.00%) Finance
2 3 (42.86%) Banking
3 1 (14.29%) Corporate Banking
3 1 (14.29%) Front Office
Job Titles
1 6 (85.71%) Analyst
2 4 (57.14%) Business Analyst
2 4 (57.14%) Senior Analyst
3 3 (42.86%) Senior Business Analyst
4 2 (28.57%) Pricing Analyst
4 2 (28.57%) Risk Analyst
4 2 (28.57%) Senior Pricing Analyst
5 1 (14.29%) Asset Management Analyst
5 1 (14.29%) Asset Management Business Analyst
5 1 (14.29%) Banking Analyst
5 1 (14.29%) Financial Analyst
5 1 (14.29%) Market Analyst
5 1 (14.29%) Report Analyst
5 1 (14.29%) Risk Business Analyst
5 1 (14.29%) Senior Financial Analyst
5 1 (14.29%) Senior Reporting Analyst
5 1 (14.29%) Senior Solutions Analyst
5 1 (14.29%) Solutions Analyst
5 1 (14.29%) Technical Analyst
5 1 (14.29%) Technical Business Analyst
Miscellaneous
1 3 (42.86%) Reference Data
2 1 (14.29%) Analytical Skills
2 1 (14.29%) Credit Risk
2 1 (14.29%) Market Risk
2 1 (14.29%) PMI
Processes & Methodologies
1 4 (57.14%) GAP Analysis
1 4 (57.14%) Risk Management
2 3 (42.86%) Business Analysis
2 3 (42.86%) Stakeholder Management
2 3 (42.86%) Use Case
3 2 (28.57%) Stress Testing
4 1 (14.29%) Agile Software Development
4 1 (14.29%) CAD
4 1 (14.29%) Data Flow Diagram
4 1 (14.29%) PRINCE2
4 1 (14.29%) Programme Management
4 1 (14.29%) Regression Analysis
4 1 (14.29%) Risk Analysis
Programming Languages
1 1 (14.29%) SQL
1 1 (14.29%) VBA
Qualifications
1 1 (14.29%) Degree
1 1 (14.29%) PMI Certification
1 1 (14.29%) PMP
Quality Assurance & Compliance
1 3 (42.86%) Basel III
2 2 (28.57%) IFRS
2 2 (28.57%) IFRS 9
3 1 (14.29%) COREP
3 1 (14.29%) CRD IV
3 1 (14.29%) Data Quality
3 1 (14.29%) Dodd-Frank
3 1 (14.29%) EMIR