The median contractor rate for a Market Risk Analyst was £600 per day in advertised job vacancies in London during the 3 months to 24 June 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.

Market Risk Analyst
England / London
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 387 402 404
Rank change year-on-year +15 +2  
Contract jobs requiring a Market Risk Analyst 25 26 18
As % of all contract IT jobs advertised in London 0.12% 0.12% 0.077%
As % of the Job Titles category 0.13% 0.13% 0.081%
Number of daily rates quoted 17 18 14
Median daily rate £600 £625 £600
Median daily rate % change year-on-year -4.00% +4.16%  
90% offered a daily rate of more than £465 £520 £404
10% offered a daily rate of more than £685 £750 £625
UK excluding London median daily rate £450 £475 £438
% change year-on-year -5.26% +8.57%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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 19396 20655 22146
As % of all contract IT job vacancies advertised in London 94.88% 95.29% 94.65%
Number of daily rates quoted 13838 14981 15430
Median daily rate £500 £463 £440
Median daily rate % change year-on-year +8.10% +5.11%  
90% offered a daily rate of more than £315 £295 £275
10% offered a daily rate of more than £650 £625 £601
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 242 228 376
Median hourly rate £19.82 £17.94 £18.70
Median hourly rate % change year-on-year +10.46% -4.05%  
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £47.83 £42.60 £52.17
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Market Risk Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Market Risk Analyst in London

Market Risk Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Market Risk Analyst in London

Market Risk Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Market Risk Analyst in London over the 3 months to 24 June 2017.

Contractor daily rate histogram for Market Risk Analyst in London

Market Risk Analyst
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Market Risk Analyst in London

Market 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 Market Risk Analyst within the London region over the 3 months to 24 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
City of London +1 5 £600 -14.28%
Docklands, London - 4 £638 -
Market Risk Analyst
England

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

For the 6 months to 24 June 2017, Market 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 Market Risk Analyst in the job title.

1 40 (97.56%) Market Risk
2 29 (70.73%) Banking
3 21 (51.22%) Finance
4 20 (48.78%) Risk Management
4 20 (48.78%) SQL
5 18 (43.90%) Investment Banking
6 13 (31.71%) Stress Testing
7 11 (26.83%) Credit Risk
7 11 (26.83%) Business Analysis
8 9 (21.95%) Analytical Skills
8 9 (21.95%) Front Office
9 8 (19.51%) VBA
9 8 (19.51%) Microsoft Excel
9 8 (19.51%) Microsoft
10 7 (17.07%) Hadoop
10 7 (17.07%) Dodd-Frank
10 7 (17.07%) JIRA
11 6 (14.63%) Agile Software Development
11 6 (14.63%) R
11 6 (14.63%) Team Foundation Server
11 6 (14.63%) Big Data
11 6 (14.63%) SQL Server
11 6 (14.63%) Microsoft Office
11 6 (14.63%) Collateral Management
11 6 (14.63%) Credit Risk Management
12 5 (12.20%) Scenario Testing
12 5 (12.20%) Change Management
12 5 (12.20%) Machine Learning
13 4 (9.76%) Mathematics
13 4 (9.76%) Risk Analysis

Market 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 4 (9.76%) Apache Pig
Applications
1 8 (19.51%) Microsoft Excel
2 6 (14.63%) Microsoft Office
3 1 (2.44%) Microsoft PowerPoint
3 1 (2.44%) MS Visio
Business Applications
1 1 (2.44%) Summit
Communications & Networking
1 1 (2.44%) Internet
Database & Business Intelligence
1 7 (17.07%) Hadoop
2 6 (14.63%) Big Data
2 6 (14.63%) SQL Server
3 4 (9.76%) Data Mining
3 4 (9.76%) MongoDB
3 4 (9.76%) MySQL
4 1 (2.44%) HBase
4 1 (2.44%) MS Access
Development Applications
1 7 (17.07%) JIRA
2 6 (14.63%) Team Foundation Server
3 4 (9.76%) Jenkins
4 2 (4.88%) Visual Studio
General
1 29 (70.73%) Banking
2 21 (51.22%) Finance
3 18 (43.90%) Investment Banking
4 9 (21.95%) Front Office
5 4 (9.76%) Back Office
6 3 (7.32%) Financial Institution
7 2 (4.88%) French Language
8 1 (2.44%) Advertising
Libraries, Frameworks & Software Standards
1 4 (9.76%) Web Services
Miscellaneous
1 40 (97.56%) Market Risk
2 11 (26.83%) Credit Risk
3 9 (21.95%) Analytical Skills
4 3 (7.32%) Algorithms
5 2 (4.88%) Derivative
6 1 (2.44%) Equities
6 1 (2.44%) OTC Derivatives
Processes & Methodologies
1 20 (48.78%) Risk Management
2 13 (31.71%) Stress Testing
3 11 (26.83%) Business Analysis
4 6 (14.63%) Agile Software Development
4 6 (14.63%) Collateral Management
4 6 (14.63%) Credit Risk Management
5 5 (12.20%) Change Management
5 5 (12.20%) Machine Learning
5 5 (12.20%) Scenario Testing
6 4 (9.76%) Mathematics
6 4 (9.76%) Performance Monitoring
6 4 (9.76%) Risk Analysis
6 4 (9.76%) Scrum
6 4 (9.76%) Validation
6 4 (9.76%) Workflow
7 3 (7.32%) GAP Analysis
8 2 (4.88%) Coaching
8 2 (4.88%) Data Analysis
8 2 (4.88%) Monte Carlo Method
8 2 (4.88%) Project Management
Programming Languages
1 20 (48.78%) SQL
2 8 (19.51%) VBA
3 6 (14.63%) R
4 4 (9.76%) Java
4 4 (9.76%) PowerShell
5 1 (2.44%) C++
5 1 (2.44%) MATLAB
5 1 (2.44%) Python
5 1 (2.44%) Scala
5 1 (2.44%) T-SQL
Qualifications
1 3 (7.32%) Degree
2 1 (2.44%) Master's Degree
2 1 (2.44%) Numerate Degree
Quality Assurance & Compliance
1 7 (17.07%) Dodd-Frank
2 1 (2.44%) Basel II
2 1 (2.44%) CRD IV
2 1 (2.44%) Data Quality
2 1 (2.44%) EMIR
2 1 (2.44%) MiFID
2 1 (2.44%) QA
System Software
1 3 (7.32%) HDFS
Systems Management
1 4 (9.76%) Dollar Universe
Vendors
1 8 (19.51%) Microsoft
2 1 (2.44%) Bloomberg
London
McGregor Boyall
Rate: £600 - £750 per day
Posted: Yesterday