Period
to 25 November 2017

The median contractor rate for a Risk Analyst was £600 per day in advertised job vacancies in London during the 6 months to 25 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.

Risk Analyst
England > London
6 months to
25 Nov 2017
Same period 2016 Same period 2015
Rank 400 388 336
Rank change year-on-year -12 -52 -4
Contract jobs requiring a Risk Analyst 240 236 308
As % of all contract IT jobs advertised in London 0.51% 0.52% 0.66%
As % of the Job Titles category 0.54% 0.55% 0.69%
Number of daily rates quoted 165 176 222
London median daily rate £600 £550 £536
Median daily rate % change year-on-year +9.09% +2.56% +4.63%
10th Percentile £350 £371 £400
90th Percentile £950 £747 £673
England median daily rate £560 £525 £500
% change year-on-year +6.67% +5.00% -
Number of hourly rates quoted 0 0 2
London median hourly rate - - £22.26
England median hourly rate - - £25.00

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 44328 42718 44588
% of contract IT jobs with a recognized job title 94.80% 94.96% 95.04%
Number of daily rates quoted 32100 30369 31422
London median daily rate £495 £463 £450
Median daily rate % change year-on-year +7.03% +2.78% +5.88%
10th Percentile £300 £289 £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 537 559 674
London median hourly rate £20.44 £19.03 £19.00
Median hourly rate % change year-on-year +7.38% +0.16% +8.57%
10th Percentile £12.30 £11.40 £11.25
90th Percentile £47.83 £50.00 £47.83
England median hourly rate £18.63 £18.48 £18.00
% change year-on-year +0.81% +2.64% +9.09%

Risk Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Risk Analyst in London

Risk Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Risk Analyst in London

Risk Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Risk Analyst in London over the 6 months to 25 November 2017.

Contractor daily rate histogram for Risk Analyst in London

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 Risk Analyst in London.

Contractor hourly rate trend for Risk Analyst in London

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 Risk Analyst within the London region over the 6 months to 25 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 -38 24 £570 +3.64% 6
East London -8 4 £580 -22.67%
West London -16 2 £400 -6.98% 1
South London -28 1 £350 +7.69%
Risk Analyst
England

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

For the 6 months to 25 November 2017, 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 Risk Analyst in the job title.

1 122 (50.83%) Banking
2 102 (42.50%) Market Risk
3 92 (38.33%) Finance
4 83 (34.58%) Investment Banking
5 75 (31.25%) Credit Risk
6 74 (30.83%) Front Office
7 58 (24.17%) C#
7 58 (24.17%) Derivative
8 56 (23.33%) C++
9 55 (22.92%) Risk Management
10 53 (22.08%) SQL
11 44 (18.33%) Agile Software Development
11 44 (18.33%) Internal Audit
12 41 (17.08%) Business Analysis
13 39 (16.25%) Mathematics
14 38 (15.83%) Validation
15 36 (15.00%) Physics
15 36 (15.00%) QA
16 35 (14.58%) Stochastic Modelling
17 34 (14.17%) Quantitative Finance
18 33 (13.75%) Stakeholder Management
18 33 (13.75%) Benchmarking
19 31 (12.92%) Microsoft Excel
20 27 (11.25%) VBA
21 26 (10.83%) Data Analysis
22 25 (10.42%) Stress Testing
23 22 (9.17%) Credit Risk Modelling
24 19 (7.92%) Microsoft
25 18 (7.50%) PnL Attribution
26 17 (7.08%) Data Modelling

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 (1.67%) SAS
2 3 (1.25%) Apache Spark
2 3 (1.25%) Confluence
3 2 (0.83%) Apache Pig
4 1 (0.42%) SharePoint
Applications
1 31 (12.92%) Microsoft Excel
2 11 (4.58%) Microsoft PowerPoint
3 8 (3.33%) MS Visio
4 4 (1.67%) Spreadsheet
5 3 (1.25%) Microsoft Office
Business Applications
1 2 (0.83%) SAP GRC
1 2 (0.83%) SAP S/4HANA
2 1 (0.42%) Oracle General Ledger
2 1 (0.42%) SunGard APT
Cloud Services
1 2 (0.83%) OpenShift
2 1 (0.42%) Amazon AWS
2 1 (0.42%) SaaS
Communications & Networking
1 5 (2.08%) SMS
2 3 (1.25%) Cisco ASA
2 3 (1.25%) DNS
2 3 (1.25%) Firewall
2 3 (1.25%) Intrusion Detection
2 3 (1.25%) Network Security
3 1 (0.42%) Internet
Database & Business Intelligence
1 15 (6.25%) Hadoop
2 14 (5.83%) Big Data
3 9 (3.75%) MS Access
4 5 (2.08%) Data Warehouse
5 4 (1.67%) Oracle Database
5 4 (1.67%) SQL Server
6 3 (1.25%) BusinessObjects
6 3 (1.25%) Data Mining
6 3 (1.25%) OLAP
6 3 (1.25%) Oracle Database 11g
6 3 (1.25%) Oracle OLAP
6 3 (1.25%) PowerPivot
6 3 (1.25%) Star Schema
7 2 (0.83%) Blockchain
7 2 (0.83%) MongoDB
7 2 (0.83%) MySQL
7 2 (0.83%) OLAP Cube
7 2 (0.83%) SAP HANA
8 1 (0.42%) Presto
8 1 (0.42%) SAS EBI
Development Applications
1 11 (4.58%) JIRA
2 4 (1.67%) Atlassian Bamboo
3 3 (1.25%) Cucumber
4 2 (0.83%) Balsamiq Mockups
5 1 (0.42%) FitNesse
5 1 (0.42%) SpecFlow
5 1 (0.42%) Team Foundation Server
5 1 (0.42%) Visual Studio
General
1 122 (50.83%) Banking
2 92 (38.33%) Finance
3 83 (34.58%) Investment Banking
4 74 (30.83%) Front Office
5 8 (3.33%) Back Office
6 7 (2.92%) Legal
7 6 (2.50%) Retail Banking
8 4 (1.67%) Financial Institution
9 3 (1.25%) Electronics
10 2 (0.83%) Private Banking
11 1 (0.42%) Corporate Banking
11 1 (0.42%) General Ledger
11 1 (0.42%) Japanese Language
11 1 (0.42%) Law
11 1 (0.42%) Retail
11 1 (0.42%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 12 (5.00%) XML
2 10 (4.17%) HTML
3 9 (3.75%) CSS
4 3 (1.25%) Gherkin
4 3 (1.25%) MDX
4 3 (1.25%) Middleware
4 3 (1.25%) Spring
5 1 (0.42%) FpML
5 1 (0.42%) HTML5
5 1 (0.42%) JSON
5 1 (0.42%) Rendezvous
5 1 (0.42%) REST
5 1 (0.42%) SailPoint
Miscellaneous
1 102 (42.50%) Market Risk
2 75 (31.25%) Credit Risk
3 58 (24.17%) Derivative
4 16 (6.67%) Management Information System
5 14 (5.83%) Fixed Income
6 13 (5.42%) Computer Science
6 13 (5.42%) Foreign Exchange (FX)
7 11 (4.58%) Analytical Skills
8 7 (2.92%) Equities
9 3 (1.25%) Data Protection Act
9 3 (1.25%) NHS
9 3 (1.25%) OTC Derivatives
10 2 (0.83%) Equity Derivative
10 2 (0.83%) Fintech
10 2 (0.83%) Greenfield Project
11 1 (0.42%) Credit Derivative
11 1 (0.42%) FMCG
11 1 (0.42%) Interest Rate Derivative
11 1 (0.42%) Mobile Banking
11 1 (0.42%) Online Banking
Operating Systems
1 9 (3.75%) Windows
2 4 (1.67%) Linux
3 3 (1.25%) Windows Server
4 1 (0.42%) Unix
Processes & Methodologies
1 55 (22.92%) Risk Management
2 44 (18.33%) Agile Software Development
2 44 (18.33%) Internal Audit
3 41 (17.08%) Business Analysis
4 39 (16.25%) Mathematics
5 38 (15.83%) Validation
6 36 (15.00%) Physics
7 35 (14.58%) Stochastic Modelling
8 34 (14.17%) Quantitative Finance
9 33 (13.75%) Benchmarking
9 33 (13.75%) Stakeholder Management
10 26 (10.83%) Data Analysis
11 25 (10.42%) Stress Testing
12 22 (9.17%) Credit Risk Modelling
13 18 (7.50%) PnL Attribution
14 17 (7.08%) Data Modelling
15 15 (6.25%) Migration
16 14 (5.83%) SDLC
17 13 (5.42%) Data Management
18 12 (5.00%) Information Security
Programming Languages
1 58 (24.17%) C#
2 56 (23.33%) C++
3 53 (22.08%) SQL
4 27 (11.25%) VBA
5 13 (5.42%) Python
6 12 (5.00%) R
7 9 (3.75%) Java
7 9 (3.75%) PHP
8 4 (1.67%) Perl
9 3 (1.25%) MATLAB
9 3 (1.25%) PL/SQL
9 3 (1.25%) PowerShell
10 2 (0.83%) C
10 2 (0.83%) XMLA
11 1 (0.42%) Shell Script
Qualifications
1 17 (7.08%) Degree
2 9 (3.75%) Computer Science Degree
3 4 (1.67%) ISEB
3 4 (1.67%) Master's Degree
4 3 (1.25%) CASP
4 3 (1.25%) CEH
4 3 (1.25%) CISM
4 3 (1.25%) CISSP
4 3 (1.25%) CompTIA Security+
4 3 (1.25%) Security+ Certification
4 3 (1.25%) SSCP
5 2 (0.83%) CRISC
5 2 (0.83%) ISACA
5 2 (0.83%) ISTQB
6 1 (0.42%) CISA
6 1 (0.42%) ITIL Certification
6 1 (0.42%) PMP
6 1 (0.42%) Postgraduate
6 1 (0.42%) Security Cleared
Quality Assurance & Compliance
1 36 (15.00%) QA
2 10 (4.17%) Basel II
2 10 (4.17%) ISAE 3402
3 9 (3.75%) Data Quality
4 5 (2.08%) MiFID
5 4 (1.67%) Cyber Essentials
5 4 (1.67%) ISO/IEC 27001
6 3 (1.25%) Basel III
6 3 (1.25%) PCI DSS
6 3 (1.25%) PMO
7 2 (0.83%) COSO
7 2 (0.83%) Dodd-Frank
7 2 (0.83%) EMIR
8 1 (0.42%) GDPR
8 1 (0.42%) Sarbanes-Oxley
8 1 (0.42%) SSAE 16
System Software
1 4 (1.67%) Active Directory
2 2 (0.83%) HDFS
Systems Management
1 3 (1.25%) Nessus
2 1 (0.42%) HP Quality Center
2 1 (0.42%) ITRS Geneos
2 1 (0.42%) TIBCO Hawk
Vendors
1 19 (7.92%) Microsoft
2 10 (4.17%) Cognos
3 9 (3.75%) Oracle
4 4 (1.67%) Murex
5 3 (1.25%) CheckPoint
5 3 (1.25%) Cisco
5 3 (1.25%) LogRhythm
5 3 (1.25%) McAfee
5 3 (1.25%) Palo Alto
5 3 (1.25%) Qualys
5 3 (1.25%) SAP
5 3 (1.25%) Sophos
5 3 (1.25%) Splunk
5 3 (1.25%) Wallstreet Suite
6 2 (0.83%) JD Edwards
6 2 (0.83%) Tableau
7 1 (0.42%) Bloomberg
7 1 (0.42%) Citrix
7 1 (0.42%) SunGard
7 1 (0.42%) TIBCO