Period
to 18 November 2017

The median contractor rate for a Market Risk Analyst was £650 per day in advertised job vacancies in London during the 6 months to 18 November 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
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 566 573 553
Rank change year-on-year +7 -20 -17
Contract jobs requiring a Market Risk Analyst 60 46 64
As % of all contract IT jobs advertised in London 0.13% 0.10% 0.14%
As % of the Job Titles category 0.14% 0.11% 0.14%
Number of daily rates quoted 35 27 45
London median daily rate £650 £660 £575
Median daily rate % change year-on-year -1.52% +14.78% +4.55%
10th Percentile £475 £420 £385
90th Percentile £938 £925 £675
England median daily rate £650 £660 £575
% change year-on-year -1.52% +14.78% +4.55%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
London
Contract vacancies in London with a recognized job title 44141 42982 44791
% of contract IT jobs with a recognized job title 94.84% 95.02% 94.97%
Number of daily rates quoted 31959 30601 31582
London median daily rate £493 £460 £450
Median daily rate % change year-on-year +7.07% +2.22% +5.88%
10th Percentile £300 £288 £268
90th Percentile £663 £638 £638
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 551 558 689
London median hourly rate £20.00 £19.50 £18.88
Median hourly rate % change year-on-year +2.56% +3.28% +7.89%
10th Percentile £12.00 £11.40 £11.25
90th Percentile £47.83 £50.00 £47.83
England median hourly rate £18.66 £18.50 £17.89
% change year-on-year +0.84% +3.41% +8.42%

Market Risk Analyst
Job Vacancy Trend in London

Job postings that featured Market Risk Analyst in the job title as a percentage of all IT jobs advertised in London.

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 6 months to 18 November 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 6 months to 18 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 -5 5 £650 +15.56%
East London -4 2 £600 -
Market Risk Analyst
England

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

For the 6 months to 18 November 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 60 (100.00%) Market Risk
2 41 (68.33%) Banking
3 35 (58.33%) Investment Banking
4 32 (53.33%) Finance
5 29 (48.33%) Front Office
6 22 (36.67%) SQL
7 21 (35.00%) Derivative
8 19 (31.67%) Business Analysis
9 16 (26.67%) PnL Attribution
9 16 (26.67%) C++
10 15 (25.00%) Validation
10 15 (25.00%) Mathematics
11 14 (23.33%) Physics
11 14 (23.33%) Agile Software Development
11 14 (23.33%) C#
12 13 (21.67%) Benchmarking
12 13 (21.67%) QA
12 13 (21.67%) Stochastic Modelling
12 13 (21.67%) Quantitative Finance
12 13 (21.67%) Internal Audit
13 11 (18.33%) Big Data
13 11 (18.33%) Stress Testing
14 10 (16.67%) Hadoop
15 9 (15.00%) R
15 9 (15.00%) Microsoft Excel
15 9 (15.00%) Risk Management
16 8 (13.33%) Stakeholder Management
16 8 (13.33%) Foreign Exchange (FX)
17 7 (11.67%) Java
17 7 (11.67%) Fixed Income

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 3 (5.00%) Apache Pig
Applications
1 9 (15.00%) Microsoft Excel
2 1 (1.67%) MS Visio
2 1 (1.67%) Spreadsheet
Business Applications
1 1 (1.67%) Oracle General Ledger
1 1 (1.67%) Summit
Database & Business Intelligence
1 11 (18.33%) Big Data
2 10 (16.67%) Hadoop
3 3 (5.00%) Data Mining
3 3 (5.00%) MongoDB
3 3 (5.00%) MySQL
3 3 (5.00%) Oracle Database
3 3 (5.00%) Oracle Database 11g
3 3 (5.00%) PowerPivot
3 3 (5.00%) Star Schema
4 1 (1.67%) Data Lake
4 1 (1.67%) Data Warehouse
4 1 (1.67%) HBase
4 1 (1.67%) MS Access
Development Applications
1 2 (3.33%) Atlassian Bamboo
1 2 (3.33%) Cucumber
2 1 (1.67%) JIRA
General
1 41 (68.33%) Banking
2 35 (58.33%) Investment Banking
3 32 (53.33%) Finance
4 29 (48.33%) Front Office
5 6 (10.00%) Back Office
6 1 (1.67%) General Ledger
6 1 (1.67%) Japanese Language
Libraries, Frameworks & Software Standards
1 3 (5.00%) Spring
2 2 (3.33%) Gherkin
2 2 (3.33%) XML
3 1 (1.67%) HTML
3 1 (1.67%) HTML5
3 1 (1.67%) JSON
3 1 (1.67%) REST
Miscellaneous
1 60 (100.00%) Market Risk
2 21 (35.00%) Derivative
3 8 (13.33%) Foreign Exchange (FX)
4 7 (11.67%) Credit Risk
4 7 (11.67%) Fixed Income
5 5 (8.33%) Analytical Skills
6 3 (5.00%) Equities
7 1 (1.67%) Computer Science
7 1 (1.67%) Credit Derivative
7 1 (1.67%) Equity Derivative
Operating Systems
1 1 (1.67%) Windows
Processes & Methodologies
1 19 (31.67%) Business Analysis
2 16 (26.67%) PnL Attribution
3 15 (25.00%) Mathematics
3 15 (25.00%) Validation
4 14 (23.33%) Agile Software Development
4 14 (23.33%) Physics
5 13 (21.67%) Benchmarking
5 13 (21.67%) Internal Audit
5 13 (21.67%) Quantitative Finance
5 13 (21.67%) Stochastic Modelling
6 11 (18.33%) Stress Testing
7 9 (15.00%) Risk Management
8 8 (13.33%) Stakeholder Management
9 7 (11.67%) Scenario Testing
10 6 (10.00%) Migration
11 5 (8.33%) Target Operating Model
11 5 (8.33%) User Acceptance Testing
12 4 (6.67%) Monte Carlo Method
12 4 (6.67%) SDLC
12 4 (6.67%) Waterfall
Programming Languages
1 22 (36.67%) SQL
2 16 (26.67%) C++
3 14 (23.33%) C#
4 9 (15.00%) R
5 7 (11.67%) Java
6 6 (10.00%) VBA
7 4 (6.67%) Perl
7 4 (6.67%) Python
8 3 (5.00%) MATLAB
8 3 (5.00%) PL/SQL
9 1 (1.67%) Shell Script
Qualifications
1 2 (3.33%) Degree
2 1 (1.67%) Master's Degree
2 1 (1.67%) Numerate Degree
Quality Assurance & Compliance
1 13 (21.67%) QA
2 1 (1.67%) MiFID
System Software
1 3 (5.00%) HDFS
Vendors
1 4 (6.67%) Microsoft
1 4 (6.67%) Oracle
2 2 (3.33%) Murex
3 1 (1.67%) Bloomberg