The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 3 months to 23 June 2017 with a comparison to the same period over 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
UK / Scotland
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 109 149 133
Rank change year-on-year +40 -16  
Contract jobs citing Market Risk 7 6 6
As % of all contract IT jobs advertised in Scotland 0.32% 0.20% 0.20%
As % of the Miscellaneous category 1.13% 0.59% 0.70%
Number of daily rates quoted 2 4 4
Median daily rate £463 £500 £388
Median daily rate % change year-on-year -7.50% +29.03%  
90% offered a daily rate of more than £453 £500 £326
10% offered a daily rate of more than £473 £500 £470
UK excluding London median daily rate £463 £500 £525
% change year-on-year -7.50% -4.76%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Market Risk is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Scotland with a requirement for generic IT skills.

Generic IT Skills
Scotland
Contract job vacancies with a requirement for generic IT skills 622 1018 852
As % of all contract IT job vacancies advertised in Scotland 28.69% 34.66% 27.83%
Number of daily rates quoted 313 551 395
Median daily rate £375 £350 £359
Median daily rate % change year-on-year +7.14% -2.43%  
90% offered a daily rate of more than £250 £225 £218
10% offered a daily rate of more than £475 £500 £474
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 26 34 38
Median hourly rate £41.50 £40.00 £30.25
Median hourly rate % change year-on-year +3.75% +32.23%  
90% offered a hourly rate of more than £16.90 £14.53 £12.55
10% offered a hourly rate of more than £45.00 £46.60 £55.00
UK excluding London median hourly rate £25.00 £22.75 £19.00
% change year-on-year +9.89% +19.73%  

Market Risk
Job Vacancy Trend in Scotland

The job posting trend of jobs advertised in Scotland citing Market Risk as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Market Risk in Scotland

Market Risk
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for Market Risk in Scotland

Market Risk
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the Scotland region over the 3 months to 23 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
Edinburgh +18 6 £463 -7.50%
Glasgow +6 1 - -
Market Risk
UK

For the 6 months to 23 June 2017, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Scotland region with a requirement for Market Risk.

1 6 (85.71%) Banking
2 4 (57.14%) Data Management
2 4 (57.14%) Data Quality
2 4 (57.14%) Data Lineage
2 4 (57.14%) Finance
3 2 (28.57%) SQL
3 2 (28.57%) Oracle
3 2 (28.57%) Teradata
3 2 (28.57%) CIMA
3 2 (28.57%) SAS
3 2 (28.57%) Risk Management
3 2 (28.57%) OTC Derivatives
3 2 (28.57%) Investment Banking
3 2 (28.57%) Derivative
3 2 (28.57%) Investment Management
4 1 (14.29%) HTML5
4 1 (14.29%) Asset Management
4 1 (14.29%) Web Development
4 1 (14.29%) Continuous Deployment
4 1 (14.29%) D3.js
4 1 (14.29%) User Experience
4 1 (14.29%) Front Office
4 1 (14.29%) Agile Software Development
4 1 (14.29%) CSS
4 1 (14.29%) HTML
4 1 (14.29%) JavaScript

Market Risk
Co-occurring IT Skills in Scotland 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 2 (28.57%) SAS
General
1 6 (85.71%) Banking
2 4 (57.14%) Finance
3 2 (28.57%) Investment Banking
4 1 (14.29%) Front Office
Job Titles
1 6 (85.71%) Analyst
2 3 (42.86%) Business Analyst
2 3 (42.86%) Data Analyst
3 1 (14.29%) Derivatives Business Analyst
3 1 (14.29%) Developer
3 1 (14.29%) Market Risk Analyst
3 1 (14.29%) Market Risk Business Analyst
3 1 (14.29%) Risk Analyst
3 1 (14.29%) Risk Business Analyst
3 1 (14.29%) Web Developer
Libraries, Frameworks & Software Standards
1 1 (14.29%) CSS
1 1 (14.29%) D3.js
1 1 (14.29%) HTML
1 1 (14.29%) HTML5
Miscellaneous
1 2 (28.57%) Derivative
1 2 (28.57%) OTC Derivatives
2 1 (14.29%) User Experience
Processes & Methodologies
1 4 (57.14%) Data Lineage
1 4 (57.14%) Data Management
2 2 (28.57%) Investment Management
2 2 (28.57%) Risk Management
3 1 (14.29%) Agile Software Development
3 1 (14.29%) Asset Management
3 1 (14.29%) Continuous Deployment
3 1 (14.29%) Web Development
Programming Languages
1 2 (28.57%) SQL
2 1 (14.29%) JavaScript
Qualifications
1 2 (28.57%) CIMA
Quality Assurance & Compliance
1 4 (57.14%) Data Quality
Vendors
1 2 (28.57%) Oracle
1 2 (28.57%) Teradata