The median contractor rate for a Market Risk Analyst was £370 per day in advertised job vacancies in London during the 3 months to 24 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Market Risk Analyst
England / London
Rank 384 408 356
Rank change year-on-year +24 -52  
Contract jobs requiring a Market Risk Analyst 16 20 53
As % of all contract IT jobs advertised in London 0.082% 0.091% 0.25%
As % of the Job Titles category 0.087% 0.095% 0.27%
Number of daily rates quoted 11 13 40
Median daily rate £370 £600 £575
Median daily rate % change year-on-year -38.33% +4.34%  
90% offered a daily rate of more than £250 £535 £472
10% offered a daily rate of more than £585 £697 £750
UK excluding London median daily rate - £563 £500
% change year-on-year - +12.50%  
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 18463 20944 19902
As % of all contract IT job vacancies advertised in London 94.85% 94.98% 94.88%
Number of daily rates quoted 13124 15012 13730
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 £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 242 285 369
Median hourly rate £23.00 £17.00 £19.50
Median hourly rate % change year-on-year +35.29% -12.82%  
90% offered a hourly rate of more than £13.70 £11.50 £13.00
10% offered a hourly rate of more than £55.00 £43.57 £55.00
UK excluding London median hourly rate £17.50 £20.00 £17.38
% change year-on-year -12.50% +15.10%  

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 March 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 hourly rates quoted in IT contractor 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 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 +5 5 £375 -44.44% 1
Market Risk Analyst
England

Market Risk Analyst Skill Set
Top 30 Related IT Skills in London

For the 6 months to 24 March 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 42 (97.67%) Market Risk
2 28 (65.12%) Finance
3 20 (46.51%) Banking
4 17 (39.53%) Risk Management
5 14 (32.56%) SQL
5 14 (32.56%) Mathematics
5 14 (32.56%) Credit Risk
5 14 (32.56%) Derivative
5 14 (32.56%) PnL Attribution
6 12 (27.91%) Validation
7 11 (25.58%) C#
7 11 (25.58%) C++
7 11 (25.58%) Quantitative Finance
8 10 (23.26%) Front Office
9 9 (20.93%) Microsoft
9 9 (20.93%) QA
10 8 (18.60%) Foreign Exchange (FX)
11 7 (16.28%) Physics
11 7 (16.28%) Statistical Analysis
11 7 (16.28%) Stochastic Modelling
11 7 (16.28%) Analytical Skills
12 6 (13.95%) Dodd-Frank
12 6 (13.95%) Stress Testing
12 6 (13.95%) Analytics
12 6 (13.95%) Fixed Income
12 6 (13.95%) Change Management
12 6 (13.95%) VBA
12 6 (13.95%) MS Office
13 5 (11.63%) SQL Server
13 5 (11.63%) MS Excel

Market Risk Analyst Skill Set
Top Related 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:

Applications
1 6 (13.95%) MS Office
2 5 (11.63%) MS Excel
3 2 (4.65%) MS PowerPoint
Business Applications
1 3 (6.98%) Adaptiv
Communications & Networking
1 1 (2.33%) Internet
Database & Business Intelligence
1 5 (11.63%) SQL Server
Development Applications
1 5 (11.63%) JIRA
1 5 (11.63%) Team Foundation Server
2 3 (6.98%) Jenkins
3 2 (4.65%) Visual Studio
General
1 28 (65.12%) Finance
2 20 (46.51%) Banking
3 10 (23.26%) Front Office
4 4 (9.30%) Financial Institution
5 3 (6.98%) Investment Banking
6 2 (4.65%) French Language
7 1 (2.33%) Advertising
7 1 (2.33%) Back Office
7 1 (2.33%) Retail
7 1 (2.33%) Retail Banking
Libraries, Frameworks & Software Standards
1 3 (6.98%) Web Services
Miscellaneous
1 42 (97.67%) Market Risk
2 14 (32.56%) Credit Risk
2 14 (32.56%) Derivative
3 8 (18.60%) Foreign Exchange (FX)
4 7 (16.28%) Analytical Skills
5 6 (13.95%) Fixed Income
6 5 (11.63%) Equities
7 4 (9.30%) Credit Derivative
8 3 (6.98%) Algorithms
9 2 (4.65%) OTC Derivatives
9 2 (4.65%) Taxonomies
9 2 (4.65%) User Experience
Processes & Methodologies
1 17 (39.53%) Risk Management
2 14 (32.56%) Mathematics
2 14 (32.56%) PnL Attribution
3 12 (27.91%) Validation
4 11 (25.58%) Quantitative Finance
5 7 (16.28%) Physics
5 7 (16.28%) Statistical Analysis
5 7 (16.28%) Stochastic Modelling
6 6 (13.95%) Analytics
6 6 (13.95%) Change Management
6 6 (13.95%) Stress Testing
7 5 (11.63%) Collateral Management
7 5 (11.63%) Credit Risk Management
7 5 (11.63%) User Acceptance Testing
7 5 (11.63%) Workflow
8 4 (9.30%) Agile Software Development
8 4 (9.30%) Business Analysis
8 4 (9.30%) Continuous Integration
8 4 (9.30%) Risk Analytics
8 4 (9.30%) Scrum
Programming Languages
1 14 (32.56%) SQL
2 11 (25.58%) C#
2 11 (25.58%) C++
3 6 (13.95%) VBA
4 4 (9.30%) Java
4 4 (9.30%) Python
5 3 (6.98%) PowerShell
6 1 (2.33%) PL/SQL
6 1 (2.33%) T-SQL
Qualifications
1 4 (9.30%) PhD
2 2 (4.65%) Degree
Quality Assurance & Compliance
1 9 (20.93%) QA
2 6 (13.95%) Dodd-Frank
3 1 (2.33%) CRD IV
3 1 (2.33%) EMIR
Systems Management
1 3 (6.98%) Dollar Universe
Vendors
1 9 (20.93%) Microsoft
2 1 (2.33%) Oracle
City, London
Harvey Nash plc
Rate: £450 - £500 per day + None
Posted: 3 days ago