Period
to 23 July 2017

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 6 months to 23 July 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
6 months to
23 Jul 2017
Same period 2016 Same period 2015
Rank 575 579 569
Rank change year-on-year +4 -10 -2
Contract jobs citing Basel II 12 24 33
As % of all contract IT jobs advertised in London 0.029% 0.053% 0.072%
As % of the Quality Assurance & Compliance category 0.24% 0.49% 0.62%
Number of daily rates quoted 10 15 19
London median daily rate £450 £550 £550
Median daily rate % change year-on-year -18.18% - +8.91%
10th Percentile £359 £425 £298
90th Percentile £653 £713 £678
England median daily rate £375 £513 £500
% change year-on-year -26.83% +2.50% +1.52%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England 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 5015 4859 5301
As % of all contract IT job vacancies advertised in London 12.02% 10.71% 11.51%
Number of daily rates quoted 3552 3464 3811
London median daily rate £490 £450 £450
Median daily rate % change year-on-year +8.89% - +5.88%
10th Percentile £300 £263 £256
90th Percentile £675 £638 £625
England median daily rate £450 £415 £400
% change year-on-year +8.43% +3.75% -
Number of hourly rates quoted 61 48 52
London median hourly rate £20.00 £21.50 £20.00
Median hourly rate % change year-on-year -6.98% +7.50% -
10th Percentile £12.88 £13.35 £13.50
90th Percentile £50.00 £43.75 £121.75
England median hourly rate £19.00 £22.50 £21.50
% change year-on-year -15.56% +4.65% +7.50%

Basel II
Job Vacancy Trend in London

Job postings citing Basel II as a percentage of all IT jobs advertised in London.

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 6 months to 23 July 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 6 months to 23 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
City of London +6 1 - -
Basel II
England

For the 6 months to 23 July 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 10 (83.33%) Finance
2 7 (58.33%) Risk Management
3 6 (50.00%) Microsoft PowerPoint
3 6 (50.00%) Microsoft Excel
3 6 (50.00%) MS Visio
4 5 (41.67%) SQL
4 5 (41.67%) VBA
4 5 (41.67%) Banking
4 5 (41.67%) Credit Risk
4 5 (41.67%) Regression Analysis
4 5 (41.67%) Data Flow Diagram
5 4 (33.33%) Business Analysis
5 4 (33.33%) Data Quality
6 3 (25.00%) Basel III
6 3 (25.00%) IFRS
6 3 (25.00%) IFRS 9
6 3 (25.00%) Market Risk
6 3 (25.00%) GAP Analysis
7 2 (16.67%) Stakeholder Management
7 2 (16.67%) Agile Software Development
7 2 (16.67%) Stress Testing
7 2 (16.67%) Reference Data
7 2 (16.67%) Corporate Banking
7 2 (16.67%) Degree
7 2 (16.67%) Computer Science
7 2 (16.67%) Analytical Skills
7 2 (16.67%) Use Case
8 1 (8.33%) Risk Analysis
8 1 (8.33%) EMIR
8 1 (8.33%) CRD IV

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:

Application Platforms
1 1 (8.33%) SAS
Applications
1 6 (50.00%) Microsoft Excel
1 6 (50.00%) Microsoft PowerPoint
1 6 (50.00%) MS Visio
General
1 10 (83.33%) Finance
2 5 (41.67%) Banking
3 2 (16.67%) Corporate Banking
4 1 (8.33%) Front Office
4 1 (8.33%) Retail
4 1 (8.33%) Retail Banking
Job Titles
1 11 (91.67%) Analyst
2 8 (66.67%) Business Analyst
3 5 (41.67%) Risk Analyst
4 4 (33.33%) Risk Business Analyst
5 3 (25.00%) Senior Analyst
6 2 (16.67%) Credit Analyst
6 2 (16.67%) Credit Risk Analyst
6 2 (16.67%) Credit Risk Business Analyst
6 2 (16.67%) Pricing Analyst
6 2 (16.67%) Senior Business Analyst
6 2 (16.67%) Senior Pricing Analyst
7 1 (8.33%) Financial Analyst
7 1 (8.33%) Market Analyst
7 1 (8.33%) Market Risk Analyst
7 1 (8.33%) Payments Business Analyst
7 1 (8.33%) Senior Financial Analyst
7 1 (8.33%) Senior Reporting Analyst
7 1 (8.33%) Senior Solutions Analyst
7 1 (8.33%) Solutions Analyst
7 1 (8.33%) Test Analyst
Miscellaneous
1 5 (41.67%) Credit Risk
2 3 (25.00%) Market Risk
3 2 (16.67%) Analytical Skills
3 2 (16.67%) Computer Science
3 2 (16.67%) Reference Data
4 1 (8.33%) PMI
4 1 (8.33%) SWIFT
Processes & Methodologies
1 7 (58.33%) Risk Management
2 5 (41.67%) Data Flow Diagram
2 5 (41.67%) Regression Analysis
3 4 (33.33%) Business Analysis
4 3 (25.00%) GAP Analysis
5 2 (16.67%) Agile Software Development
5 2 (16.67%) Stakeholder Management
5 2 (16.67%) Stress Testing
5 2 (16.67%) Use Case
6 1 (8.33%) Anti-Money Laundering
6 1 (8.33%) CAD
6 1 (8.33%) Cash Management
6 1 (8.33%) Creative Problem-Solving
6 1 (8.33%) Data Modelling
6 1 (8.33%) KYC
6 1 (8.33%) Product Management
6 1 (8.33%) Programme Management
6 1 (8.33%) Project Management
6 1 (8.33%) Risk Analysis
6 1 (8.33%) Waterfall
Programming Languages
1 5 (41.67%) SQL
1 5 (41.67%) VBA
Qualifications
1 2 (16.67%) Degree
2 1 (8.33%) PMI Certification
2 1 (8.33%) PMP
Quality Assurance & Compliance
1 4 (33.33%) Data Quality
2 3 (25.00%) Basel III
2 3 (25.00%) IFRS
2 3 (25.00%) IFRS 9
3 1 (8.33%) COREP
3 1 (8.33%) CRD IV
3 1 (8.33%) Dodd-Frank
3 1 (8.33%) EMIR
Vendors
1 1 (8.33%) FIS