The following table provides summary statistics for contract job vacancies advertised in London with a requirement for CRD IV skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited CRD IV over the 3 months to 25 June 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.

Capital Requirements Directive IV (CDR 4)
England / London
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 416 416 424
Rank change year-on-year 0 +8  
Contract jobs citing CRD IV 2 8 11
As % of all contract IT jobs advertised in London 0.010% 0.037% 0.047%
As % of the Quality Assurance & Compliance category 0.083% 0.34% 0.41%
Number of daily rates quoted 2 7 8
Median daily rate £600 £675 £550
Median daily rate % change year-on-year -11.11% +22.72%  
90% offered a daily rate of more than £560 £608 £464
10% offered a daily rate of more than £640 £750 £615
UK excluding London median daily rate £800 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

CRD IV 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 2406 2344 2663
As % of all contract IT job vacancies advertised in London 11.76% 10.96% 11.37%
Number of daily rates quoted 1705 1669 1930
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £320 £290 £275
10% offered a daily rate of more than £650 £625 £638
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 25 24 30
Median hourly rate £42.50 £22.50 £21.50
Median hourly rate % change year-on-year +88.88% +4.65%  
90% offered a hourly rate of more than £14.75 £13.30 £15.20
10% offered a hourly rate of more than £50.00 £42.70 £101.00
UK excluding London median hourly rate £25.00 £28.00 £24.75
% change year-on-year -10.71% +13.13%  

CRD IV
Job Vacancy Trend in London

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

Job vacancy trend for CRD IV in London

CRD IV
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for CRD IV in London

CRD IV
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 CRD IV within the London region over the 3 months to 25 June 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
Docklands, London - 1 £650 -
CRD IV
England

For the 6 months to 25 June 2017, IT contractor jobs citing CRD IV 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 CRD IV.

1 9 (100.00%) Banking
2 6 (66.67%) Investment Banking
2 6 (66.67%) Basel III
3 4 (44.44%) Finance
4 3 (33.33%) Equities
4 3 (33.33%) Foreign Exchange (FX)
4 3 (33.33%) Credit Risk
4 3 (33.33%) EMIR
4 3 (33.33%) IFRS
5 2 (22.22%) GAAP
5 2 (22.22%) Dodd-Frank
5 2 (22.22%) COREP
5 2 (22.22%) Stress Testing
5 2 (22.22%) Monte Carlo Method
5 2 (22.22%) Programme Management
5 2 (22.22%) Agile Software Development
5 2 (22.22%) Data Management
5 2 (22.22%) CAD
5 2 (22.22%) PMP
5 2 (22.22%) PMI Certification
5 2 (22.22%) Stakeholder Management
5 2 (22.22%) Change Management
6 1 (11.11%) Financial Institution
6 1 (11.11%) Risk Management
6 1 (11.11%) PRINCE2
6 1 (11.11%) PMI
6 1 (11.11%) Basel II
6 1 (11.11%) Business Analysis
6 1 (11.11%) Derivative
6 1 (11.11%) Corporate Banking

CRD IV
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:

General
1 9 (100.00%) Banking
2 6 (66.67%) Investment Banking
3 4 (44.44%) Finance
4 1 (11.11%) Corporate Banking
4 1 (11.11%) Financial Institution
Job Titles
1 4 (44.44%) Analyst
2 3 (33.33%) Credit Analyst
2 3 (33.33%) Credit Risk Analyst
2 3 (33.33%) Project Manager
2 3 (33.33%) Risk Analyst
3 2 (22.22%) Business Analyst
3 2 (22.22%) Credit Risk Business Analyst
3 2 (22.22%) IT Manager
3 2 (22.22%) IT Project Manager
3 2 (22.22%) Report Analyst
3 2 (22.22%) Report Specialist
3 2 (22.22%) Risk Business Analyst
4 1 (11.11%) Banking Project Manager
4 1 (11.11%) IT Risk Manager
4 1 (11.11%) Market Risk Analyst
4 1 (11.11%) Report Manager
4 1 (11.11%) Risk Manager
4 1 (11.11%) Risk Project Manager
Miscellaneous
1 3 (33.33%) Credit Risk
1 3 (33.33%) Equities
1 3 (33.33%) Foreign Exchange (FX)
2 1 (11.11%) Derivative
2 1 (11.11%) Market Risk
2 1 (11.11%) OTC Derivatives
2 1 (11.11%) PMI
2 1 (11.11%) Virtual Team
Processes & Methodologies
1 2 (22.22%) Agile Software Development
1 2 (22.22%) CAD
1 2 (22.22%) Change Management
1 2 (22.22%) Data Management
1 2 (22.22%) Monte Carlo Method
1 2 (22.22%) Programme Management
1 2 (22.22%) Stakeholder Management
1 2 (22.22%) Stress Testing
2 1 (11.11%) Budgeting and Forecasting
2 1 (11.11%) Business Analysis
2 1 (11.11%) Ontologies
2 1 (11.11%) PRINCE2
2 1 (11.11%) Project Planning
2 1 (11.11%) Risk Management
2 1 (11.11%) Test Planning
Qualifications
1 2 (22.22%) PMI Certification
1 2 (22.22%) PMP
2 1 (11.11%) Degree
Quality Assurance & Compliance
1 6 (66.67%) Basel III
2 3 (33.33%) EMIR
2 3 (33.33%) IFRS
3 2 (22.22%) COREP
3 2 (22.22%) Dodd-Frank
3 2 (22.22%) GAAP
4 1 (11.11%) Basel II
4 1 (11.11%) Data Quality
4 1 (11.11%) MiFID