Period
to 20 January 2018

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 20 January 2018 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
20 Jan 2018
Same period 2017 Same period 2016
Rank 605 590 578
Rank change year-on-year -15 -12 -1
Contract jobs citing Basel II 16 5 27
As % of all contract IT jobs advertised in London 0.035% 0.012% 0.061%
As % of the Quality Assurance & Compliance category 0.26% 0.10% 0.52%
Number of daily rates quoted 13 4 9
London median daily rate £400 £638 £538
Median daily rate % change year-on-year -37.33% +18.60% -6.52%
10th Percentile £325 £569 £260
90th Percentile £673 £675 £661
England median daily rate £550 £475 £480
% change year-on-year +15.79% -1.04% -6.34%
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 category. The following 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 or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 6,045 4,896 5,214
As % of all contract IT jobs advertised in London 13.11% 11.70% 11.79%
Number of daily rates quoted 4,325 3,411 3,526
London median daily rate £488 £463 £450
Median daily rate % change year-on-year +5.41% +2.78% +5.88%
10th Percentile £306 £278 £263
90th Percentile £675 £650 £625
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 76 71 66
London median hourly rate £19.50 £22.50 £22.06
Median hourly rate % change year-on-year -13.33% +2.01% +16.09%
10th Percentile £12.63 £12.15 £12.00
90th Percentile £57.50 £50.00 £51.25
England median hourly rate £20.60 £23.34 £24.23
% change year-on-year -11.74% -3.67% +21.15%

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 20 January 2018.

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

For the 6 months to 20 January 2018, 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 13 (81.25%) Market Risk
2 12 (75.00%) Risk Management
2 12 (75.00%) Finance
3 11 (68.75%) Microsoft Excel
4 10 (62.50%) VBA
5 9 (56.25%) SQL
5 9 (56.25%) Microsoft PowerPoint
6 7 (43.75%) MS Visio
6 7 (43.75%) SMS
6 7 (43.75%) Credit Risk
6 7 (43.75%) Regression Analysis
6 7 (43.75%) Data Flow Diagram
7 6 (37.50%) Stress Testing
7 6 (37.50%) Data Quality
7 6 (37.50%) Computer Science
8 5 (31.25%) Banking
9 4 (25.00%) Business Analysis
9 4 (25.00%) Front Office
9 4 (25.00%) Financial Institution
10 3 (18.75%) Migration
10 3 (18.75%) Agile Software Development
10 3 (18.75%) Oracle
10 3 (18.75%) Regulatory Compliance
11 2 (12.50%) GDPR
11 2 (12.50%) IT Strategy
11 2 (12.50%) COREP
11 2 (12.50%) CRD IV
11 2 (12.50%) Translating Business Requirements
11 2 (12.50%) Solvency II
11 2 (12.50%) Security Testing

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 (6.25%) Apache Spark
Applications
1 11 (68.75%) Microsoft Excel
2 9 (56.25%) Microsoft PowerPoint
3 7 (43.75%) MS Visio
Cloud Services
1 1 (6.25%) OpenShift
Communications & Networking
1 7 (43.75%) SMS
Database & Business Intelligence
1 2 (12.50%) SQL Server
2 1 (6.25%) Apache Hive
2 1 (6.25%) Hadoop
2 1 (6.25%) OLAP
2 1 (6.25%) OLAP Cube
2 1 (6.25%) Oracle OLAP
2 1 (6.25%) Presto
Development Applications
1 2 (12.50%) JIRA
General
1 12 (75.00%) Finance
2 5 (31.25%) Banking
3 4 (25.00%) Financial Institution
3 4 (25.00%) Front Office
4 1 (6.25%) Investment Banking
4 1 (6.25%) Law
Job Titles
1 15 (93.75%) Analyst
2 12 (75.00%) Risk Analyst
3 8 (50.00%) Business Analyst
4 5 (31.25%) Risk Business Analyst
5 3 (18.75%) Testing Analyst
6 2 (12.50%) Market Risk Analyst
6 2 (12.50%) Market Risk Business Analyst
7 1 (6.25%) Banking Analyst
7 1 (6.25%) Compliance Manager
7 1 (6.25%) Compliance Project Manager
7 1 (6.25%) Credit Analyst
7 1 (6.25%) Credit Risk Analyst
7 1 (6.25%) Credit Risk Business Analyst
7 1 (6.25%) Financial Services Project Manager
7 1 (6.25%) Investment Banking Business Analyst
7 1 (6.25%) Market Analyst
7 1 (6.25%) Project Manager
7 1 (6.25%) Regulatory Reporting Business Analyst
7 1 (6.25%) Report Analyst
7 1 (6.25%) Risk Manager
Libraries, Frameworks & Software Standards
1 1 (6.25%) MDX
Miscellaneous
1 13 (81.25%) Market Risk
2 7 (43.75%) Credit Risk
3 6 (37.50%) Computer Science
4 2 (12.50%) Derivative
5 1 (6.25%) Analytical Skills
5 1 (6.25%) Data Protection Act
5 1 (6.25%) Management Information System
5 1 (6.25%) Virtual Team
Processes & Methodologies
1 12 (75.00%) Risk Management
2 7 (43.75%) Data Flow Diagram
2 7 (43.75%) Regression Analysis
3 6 (37.50%) Stress Testing
4 4 (25.00%) Business Analysis
5 3 (18.75%) Agile Software Development
5 3 (18.75%) Migration
5 3 (18.75%) Regulatory Compliance
6 2 (12.50%) Data Analysis
6 2 (12.50%) IT Strategy
6 2 (12.50%) PRINCE2
6 2 (12.50%) Security Testing
6 2 (12.50%) Translating Business Requirements
7 1 (6.25%) Data Modelling
7 1 (6.25%) Data Protection
7 1 (6.25%) Document Management
7 1 (6.25%) Economics
7 1 (6.25%) Software Engineering
7 1 (6.25%) Time Management
7 1 (6.25%) Visualisation
Programming Languages
1 10 (62.50%) VBA
2 9 (56.25%) SQL
3 2 (12.50%) PL/SQL
4 1 (6.25%) C
4 1 (6.25%) C#
4 1 (6.25%) Java
4 1 (6.25%) XMLA
Qualifications
1 2 (12.50%) Degree
2 1 (6.25%) Computer Science Degree
Quality Assurance & Compliance
1 6 (37.50%) Data Quality
2 2 (12.50%) Basel III
2 2 (12.50%) COREP
2 2 (12.50%) CRD IV
2 2 (12.50%) GDPR
2 2 (12.50%) MiFID
2 2 (12.50%) Sarbanes-Oxley
2 2 (12.50%) Solvency II
3 1 (6.25%) Dodd-Frank
3 1 (6.25%) EMIR
Vendors
1 3 (18.75%) Oracle
2 1 (6.25%) Tableau