Period
to 21 November 2017

The median contractor rate for a Market Risk Developer was £624 per day in advertised job vacancies in London during the 6 months to 21 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 Developer
England > London
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 604 583 555
Rank change year-on-year -21 -28 +27
Contract jobs requiring a Market Risk Developer 30 32 55
As % of all contract IT jobs advertised in London 0.064% 0.071% 0.12%
As % of the Job Titles category 0.067% 0.075% 0.12%
Number of daily rates quoted 28 27 43
London median daily rate £624 £650 £550
Median daily rate % change year-on-year -4.04% +18.18% -
10th Percentile £471 £549 £391
90th Percentile £667 £925 £638
England median daily rate £624 £650 £550
% change year-on-year -4.04% +18.18% -
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 44629 42675 44230
% of contract IT jobs with a recognized job title 94.82% 94.99% 95.02%
Number of daily rates quoted 32318 30339 31174
London median daily rate £495 £460 £450
Median daily rate % change year-on-year +7.61% +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 553 554 685
London median hourly rate £20.44 £19.77 £19.00
Median hourly rate % change year-on-year +3.38% +4.04% +8.57%
10th Percentile £12.50 £11.50 £11.25
90th Percentile £47.83 £50.00 £47.83
England median hourly rate £18.50 £18.50 £18.00
% change year-on-year - +2.78% +9.09%

Market Risk Developer
Job Vacancy Trend in London

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

Job vacancy trend for Market Risk Developer in London

Market Risk Developer
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Market Risk Developer in London

Market Risk Developer
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Market Risk Developer in London over the 6 months to 21 November 2017.

Contractor daily rate histogram for Market Risk Developer in London

Market Risk Developer
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 Developer within the London region over the 6 months to 21 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 -8 1 £623 -4.23%
East London - 1 £563 -
Market Risk Developer
England

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

For the 6 months to 21 November 2017, Market Risk Developer 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 Developer in the job title.

1 27 (90.00%) Market Risk
2 22 (73.33%) Banking
3 19 (63.33%) Investment Banking
3 19 (63.33%) SQL
4 18 (60.00%) Agile Software Development
5 17 (56.67%) Credit Risk
6 16 (53.33%) Java
7 15 (50.00%) JIRA
7 15 (50.00%) Subversion
8 13 (43.33%) .NET
8 13 (43.33%) SQL Server Reporting Services
8 13 (43.33%) .NET Framework
8 13 (43.33%) WCF
8 13 (43.33%) MongoDB
9 12 (40.00%) NoSQL
9 12 (40.00%) Stress Testing
10 11 (36.67%) SQL Server
11 10 (33.33%) T-SQL
11 10 (33.33%) C#
11 10 (33.33%) Fixed Income
11 10 (33.33%) Integration Testing
11 10 (33.33%) Test Scripting
11 10 (33.33%) Atlassian Bamboo
11 10 (33.33%) WPF
11 10 (33.33%) Reactive Extensions
11 10 (33.33%) Task Parallel Library
11 10 (33.33%) MVVM
11 10 (33.33%) Enterprise Software
11 10 (33.33%) Technical Analysis
12 9 (30.00%) Hadoop

Market Risk Developer 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 (13.33%) Apache Spark
2 3 (10.00%) Apache Pig
3 1 (3.33%) Apache
3 1 (3.33%) DataSynapse
3 1 (3.33%) GemFire
3 1 (3.33%) WebSphere
Applications
1 1 (3.33%) Microsoft Excel
Communications & Networking
1 1 (3.33%) HTTP
Database & Business Intelligence
1 13 (43.33%) MongoDB
1 13 (43.33%) SQL Server Reporting Services
2 12 (40.00%) NoSQL
3 11 (36.67%) SQL Server
4 9 (30.00%) Hadoop
5 5 (16.67%) Big Data
6 4 (13.33%) Data Warehouse
7 3 (10.00%) Data Mining
7 3 (10.00%) MS Access
7 3 (10.00%) MySQL
7 3 (10.00%) Oracle Database
7 3 (10.00%) Oracle Database 11g
7 3 (10.00%) SQL Server Analysis Services
8 2 (6.67%) Relational Database
9 1 (3.33%) Apache Cassandra
9 1 (3.33%) Parquet
9 1 (3.33%) PowerPivot
9 1 (3.33%) RDBMS
9 1 (3.33%) Star Schema
Development Applications
1 15 (50.00%) JIRA
1 15 (50.00%) Subversion
2 10 (33.33%) Atlassian Bamboo
3 6 (20.00%) Jenkins
4 4 (13.33%) Git (software)
4 4 (13.33%) Maven
5 3 (10.00%) Ant
5 3 (10.00%) ClearCase
5 3 (10.00%) Team Foundation Server
6 2 (6.67%) NUnit
6 2 (6.67%) SpecFlow
6 2 (6.67%) TeamCity
6 2 (6.67%) Visual Studio
7 1 (3.33%) NuGet
General
1 22 (73.33%) Banking
2 19 (63.33%) Investment Banking
3 5 (16.67%) Finance
4 3 (10.00%) Back Office
5 2 (6.67%) Front Office
Libraries, Frameworks & Software Standards
1 13 (43.33%) .NET
1 13 (43.33%) .NET Framework
1 13 (43.33%) WCF
2 10 (33.33%) Reactive Extensions
2 10 (33.33%) Task Parallel Library
2 10 (33.33%) WPF
3 4 (13.33%) Web Services
4 3 (10.00%) Spring
5 2 (6.67%) AngularJS
5 2 (6.67%) HTML
5 2 (6.67%) HTML5
6 1 (3.33%) Akka
6 1 (3.33%) CORBA
6 1 (3.33%) J2EE
6 1 (3.33%) Kafka
6 1 (3.33%) SOAP
6 1 (3.33%) STL
6 1 (3.33%) XML
Miscellaneous
1 27 (90.00%) Market Risk
2 17 (56.67%) Credit Risk
3 10 (33.33%) Enterprise Software
3 10 (33.33%) Fixed Income
4 4 (13.33%) Grid Computing
5 3 (10.00%) Analytical Skills
5 3 (10.00%) Data Structures
Operating Systems
1 4 (13.33%) Linux
2 3 (10.00%) Unix
2 3 (10.00%) Windows
Processes & Methodologies
1 18 (60.00%) Agile Software Development
2 12 (40.00%) Stress Testing
3 10 (33.33%) Integration Testing
3 10 (33.33%) MVVM
3 10 (33.33%) Technical Analysis
3 10 (33.33%) Test Scripting
4 6 (20.00%) TDD
5 5 (16.67%) Risk Management
6 4 (13.33%) Machine Learning
6 4 (13.33%) Scrum
6 4 (13.33%) SOA
7 3 (10.00%) BDD
7 3 (10.00%) Business Intelligence
7 3 (10.00%) Change Management
7 3 (10.00%) Concurrent Programming
7 3 (10.00%) DevOps
7 3 (10.00%) Multithreading
7 3 (10.00%) SDLC
8 2 (6.67%) Migration
8 2 (6.67%) PnL Attribution
Programming Languages
1 19 (63.33%) SQL
2 16 (53.33%) Java
3 10 (33.33%) C#
3 10 (33.33%) T-SQL
4 7 (23.33%) Scala
5 6 (20.00%) Python
6 4 (13.33%) VBA
7 3 (10.00%) C++
7 3 (10.00%) R
8 2 (6.67%) JavaScript
8 2 (6.67%) Korn
8 2 (6.67%) Perl
8 2 (6.67%) PL/SQL
8 2 (6.67%) Shell Script
9 1 (3.33%) AWK
Qualifications
1 1 (3.33%) Degree
Quality Assurance & Compliance
1 1 (3.33%) MiFID
Systems Management
1 1 (3.33%) Control-M
Vendors
1 3 (10.00%) Microsoft
1 3 (10.00%) Oracle
2 2 (6.67%) Sybase