The median contractor rate for a IT Risk Analyst was £598 per day in advertised job vacancies in London during the 3 months to 27 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

IT Risk Analyst
England / London
3 months to
27 Mar 2017
Same period 2016 Same period 2015
Rank 387 410 366
Rank change year-on-year +23 -44  
Contract jobs requiring an IT Risk Analyst 11 21 49
As % of all contract IT jobs advertised in London 0.057% 0.095% 0.23%
As % of the Job Titles category 0.060% 0.100% 0.24%
Number of daily rates quoted 10 15 37
Median daily rate £598 £588 £550
Median daily rate % change year-on-year +1.70% +6.81%  
90% offered a daily rate of more than £360 £500 £448
10% offered a daily rate of more than £700 £615 £750
UK excluding London median daily rate £450 £395 £400
% change year-on-year +13.92% -1.25%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £55.00 - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 18357 21038 20420
As % of all contract IT job vacancies advertised in London 94.81% 95.01% 94.91%
Number of daily rates quoted 13065 15076 14090
Median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.55% -  
90% offered a daily rate of more than £301 £300 £275
10% offered a daily rate of more than £640 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 239 283 378
Median hourly rate £22.50 £17.00 £19.00
Median hourly rate % change year-on-year +32.35% -10.52%  
90% offered a hourly rate of more than £13.70 £11.50 £12.50
10% offered a hourly rate of more than £55.00 £43.57 £55.00
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

IT Risk Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured IT Risk Analyst in the job title.

Job vacancy trend for IT Risk Analyst in London

IT Risk Analyst
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing IT Risk Analyst in London.

Contractor daily rate trend for IT Risk Analyst in London

IT Risk Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing IT Risk Analyst in London over the 3 months to 27 March 2017.

Contractor daily rate histogram for IT Risk Analyst in London

IT Risk Analyst
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 IT Risk Analyst within the London region over the 3 months to 27 March 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 +3 5 £475 -7.31% 1
IT Risk Analyst
England

IT Risk Analyst Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 27 March 2017, IT Risk Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring IT Risk Analyst in the job title.

1 18 (66.67%) Banking
2 13 (48.15%) Investment Banking
3 11 (40.74%) Credit Risk
3 11 (40.74%) Data Analysis
4 10 (37.04%) Market Risk
4 10 (37.04%) Agile Software Development
4 10 (37.04%) SQL
5 9 (33.33%) Front Office
5 9 (33.33%) Risk Management
5 9 (33.33%) Finance
6 6 (22.22%) Derivative
6 6 (22.22%) JIRA
6 6 (22.22%) Migration
6 6 (22.22%) Dodd-Frank
7 5 (18.52%) Analytical Skills
7 5 (18.52%) Team Foundation Server
7 5 (18.52%) Credit Risk Management
7 5 (18.52%) Collateral Management
7 5 (18.52%) Workflow
7 5 (18.52%) SQL Server
7 5 (18.52%) Microsoft
7 5 (18.52%) Business Analysis
8 4 (14.81%) MS Office
9 3 (11.11%) Oracle
9 3 (11.11%) Web Services
9 3 (11.11%) Risk Assessment
9 3 (11.11%) Scrum
9 3 (11.11%) Dollar Universe
9 3 (11.11%) PowerShell
9 3 (11.11%) Jenkins

IT Risk Analyst Skill Set
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 2 (7.41%) Oracle Workflow
Applications
1 4 (14.81%) MS Office
2 1 (3.70%) MS Excel
Business Applications
1 1 (3.70%) Adaptiv
Database & Business Intelligence
1 5 (18.52%) SQL Server
2 2 (7.41%) Data Warehouse
3 1 (3.70%) Big Data
3 1 (3.70%) Data Lake
Development Applications
1 6 (22.22%) JIRA
2 5 (18.52%) Team Foundation Server
3 3 (11.11%) Jenkins
4 2 (7.41%) Visual Studio
General
1 18 (66.67%) Banking
2 13 (48.15%) Investment Banking
3 9 (33.33%) Finance
3 9 (33.33%) Front Office
4 2 (7.41%) French Language
5 1 (3.70%) Financial Institution
Libraries, Frameworks & Software Standards
1 3 (11.11%) Web Services
Miscellaneous
1 11 (40.74%) Credit Risk
2 10 (37.04%) Market Risk
3 6 (22.22%) Derivative
4 5 (18.52%) Analytical Skills
5 2 (7.41%) Equities
5 2 (7.41%) Equity Derivative
5 2 (7.41%) Fixed Income
5 2 (7.41%) Virtual Team
6 1 (3.70%) Foreign Exchange (FX)
Processes & Methodologies
1 11 (40.74%) Data Analysis
2 10 (37.04%) Agile Software Development
3 9 (33.33%) Risk Management
4 6 (22.22%) Migration
5 5 (18.52%) Business Analysis
5 5 (18.52%) Collateral Management
5 5 (18.52%) Credit Risk Management
5 5 (18.52%) Workflow
6 3 (11.11%) Cybersecurity
6 3 (11.11%) Performance Monitoring
6 3 (11.11%) Risk Assessment
6 3 (11.11%) Scrum
7 2 (7.41%) Analytics
7 2 (7.41%) SDLC
7 2 (7.41%) Systems Analysis
7 2 (7.41%) Workflow Management
8 1 (3.70%) ERD
8 1 (3.70%) Identity Access Management
8 1 (3.70%) Stress Testing
8 1 (3.70%) User Acceptance Testing
Programming Languages
1 10 (37.04%) SQL
2 3 (11.11%) PowerShell
Quality Assurance & Compliance
1 6 (22.22%) Dodd-Frank
2 1 (3.70%) Data Quality
2 1 (3.70%) EMIR
2 1 (3.70%) MiFID
2 1 (3.70%) PMO
Systems Management
1 3 (11.11%) Dollar Universe
Vendors
1 5 (18.52%) Microsoft
2 3 (11.11%) Oracle
3 1 (3.70%) Tableau