Period
to 21 November 2017

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Basel III skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Basel III over the 6 months to 21 November 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 III
England > London
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 619 564 539
Rank change year-on-year -55 -25 -1
Contract jobs citing Basel III 15 51 71
As % of all contract IT jobs advertised in London 0.032% 0.11% 0.15%
As % of the Quality Assurance & Compliance category 0.24% 1.00% 1.29%
Number of daily rates quoted 9 38 62
London median daily rate £550 £519 £600
Median daily rate % change year-on-year +6.02% -13.54% +9.09%
10th Percentile £461 £406 £413
90th Percentile £630 £723 £675
England median daily rate £550 £513 £550
% change year-on-year +7.32% -6.82% +7.32%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

Basel III 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 6137 5086 5489
As % of all contract IT jobs advertised in London 13.04% 11.32% 11.79%
Number of daily rates quoted 4382 3562 3810
London median daily rate £475 £458 £450
Median daily rate % change year-on-year +3.83% +1.67% +5.88%
10th Percentile £300 £271 £258
90th Percentile £675 £644 £625
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 75 65 65
London median hourly rate £20.00 £20.00 £21.50
Median hourly rate % change year-on-year - -6.98% +13.16%
10th Percentile £12.21 £12.35 £13.50
90th Percentile £48.80 £62.94 £72.75
England median hourly rate £20.00 £22.67 £21.64
% change year-on-year -11.77% +4.75% +10.97%

Basel III
Job Vacancy Trend in London

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

Job vacancy trend for Basel III in London

Basel III
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Basel III in London

Basel III
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Basel III in London over the 6 months to 21 November 2017.

Contractor daily rate histogram for Basel III in London

Basel III
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 III within the London region over the 6 months to 21 November 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
Central London -2 3 £406 -29.35% 3
Basel III
England

For the 6 months to 21 November 2017, IT contractor jobs citing Basel III 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 III.

1 12 (80.00%) Finance
2 10 (66.67%) Banking
3 7 (46.67%) Investment Banking
3 7 (46.67%) SQL
3 7 (46.67%) CRD IV
4 6 (40.00%) Stakeholder Management
5 5 (33.33%) Business Analysis
5 5 (33.33%) Credit Risk
6 4 (26.67%) Agile Software Development
6 4 (26.67%) Data Analysis
6 4 (26.67%) C#
6 4 (26.67%) Microsoft Excel
6 4 (26.67%) Project Management
6 4 (26.67%) Front Office
7 3 (20.00%) Basel II
7 3 (20.00%) JD Edwards
7 3 (20.00%) Risk Analysis
8 2 (13.33%) Translating Business Requirements
8 2 (13.33%) Regulatory Compliance
8 2 (13.33%) IT Strategy
8 2 (13.33%) Waterfall
8 2 (13.33%) Stress Testing
8 2 (13.33%) Security Testing
8 2 (13.33%) COREP
8 2 (13.33%) Analytical Skills
8 2 (13.33%) Market Risk
8 2 (13.33%) Degree
8 2 (13.33%) JIRA
8 2 (13.33%) Retail Banking
8 2 (13.33%) Migration

Basel III
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 (6.67%) Apache Spark
1 1 (6.67%) SAS
Applications
1 4 (26.67%) Microsoft Excel
2 1 (6.67%) Microsoft Office
Database & Business Intelligence
1 2 (13.33%) SQL Server
2 1 (6.67%) Apache Hive
2 1 (6.67%) Big Data
2 1 (6.67%) Hadoop
2 1 (6.67%) HBase
2 1 (6.67%) Impala
2 1 (6.67%) RDBMS
2 1 (6.67%) Relational Database
Development Applications
1 2 (13.33%) JIRA
General
1 12 (80.00%) Finance
2 10 (66.67%) Banking
3 7 (46.67%) Investment Banking
4 4 (26.67%) Front Office
5 2 (13.33%) Retail Banking
6 1 (6.67%) Advertising
6 1 (6.67%) Corporate Banking
6 1 (6.67%) Law
6 1 (6.67%) Private Banking
6 1 (6.67%) Retail
Job Titles
1 11 (73.33%) Analyst
2 7 (46.67%) Business Analyst
3 5 (33.33%) Banking Analyst
4 4 (26.67%) Financial Analyst
4 4 (26.67%) Project Manager
5 3 (20.00%) Finance Manager
5 3 (20.00%) Finance Project Manager
5 3 (20.00%) Risk Analyst
6 2 (13.33%) Banking Business Analyst
6 2 (13.33%) Credit Analyst
6 2 (13.33%) Data Analyst
6 2 (13.33%) Finance Business Analyst
6 2 (13.33%) Report Manager
6 2 (13.33%) Risk Data Analyst
7 1 (6.67%) Business Test Analyst
7 1 (6.67%) Credit Risk Analyst
7 1 (6.67%) Credit Risk Business Analyst
7 1 (6.67%) Investment Banking Business Analyst
7 1 (6.67%) Project Analyst
7 1 (6.67%) UAT Analyst
Libraries, Frameworks & Software Standards
1 1 (6.67%) Akka
1 1 (6.67%) Kafka
Miscellaneous
1 5 (33.33%) Credit Risk
2 2 (13.33%) Analytical Skills
2 2 (13.33%) Market Risk
3 1 (6.67%) PMI
3 1 (6.67%) Reference Data
3 1 (6.67%) Replication
3 1 (6.67%) SWIFT
Processes & Methodologies
1 6 (40.00%) Stakeholder Management
2 5 (33.33%) Business Analysis
3 4 (26.67%) Agile Software Development
3 4 (26.67%) Data Analysis
3 4 (26.67%) Project Management
4 3 (20.00%) Risk Analysis
5 2 (13.33%) IT Strategy
5 2 (13.33%) Migration
5 2 (13.33%) PRINCE2
5 2 (13.33%) Regulatory Compliance
5 2 (13.33%) Security Testing
5 2 (13.33%) Stress Testing
5 2 (13.33%) Translating Business Requirements
5 2 (13.33%) Waterfall
6 1 (6.67%) Anti-Money Laundering
6 1 (6.67%) Data Ingestion
6 1 (6.67%) KYC
6 1 (6.67%) Logical Data Model
6 1 (6.67%) Prototyping
6 1 (6.67%) SDLC
Programming Languages
1 7 (46.67%) SQL
2 4 (26.67%) C#
3 2 (13.33%) PL/SQL
4 1 (6.67%) Java
4 1 (6.67%) MATLAB
4 1 (6.67%) R
4 1 (6.67%) Scala
4 1 (6.67%) VB
Qualifications
1 2 (13.33%) Degree
2 1 (6.67%) ISEB
2 1 (6.67%) PMI Certification
2 1 (6.67%) PMP
Quality Assurance & Compliance
1 7 (46.67%) CRD IV
2 3 (20.00%) Basel II
3 2 (13.33%) COREP
4 1 (6.67%) Dodd-Frank
4 1 (6.67%) PSD2
System Software
1 1 (6.67%) Apache Flume
1 1 (6.67%) HDFS
Systems Management
1 1 (6.67%) Oozie
Vendors
1 3 (20.00%) JD Edwards
2 2 (13.33%) Oracle
3 1 (6.67%) FIS
3 1 (6.67%) Microsoft