Period
to 22 July 2017

The following table provides summary statistics for contract job vacancies advertised in Scotland with a requirement for Risk Analytics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Risk Analytics over the 6 months to 22 July 2017 with a comparison to the 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 Analytics
UK > Scotland
6 months to
22 Jul 2017
Same period 2016 Same period 2015
Rank 156 200 191
Rank change year-on-year +44 -9 -10
Contract jobs citing Risk Analytics 16 7 8
As % of all contract IT jobs advertised in Scotland 0.38% 0.13% 0.13%
As % of the Processes & Methodologies category 0.46% 0.15% 0.16%
Number of daily rates quoted 3 6 4
Scotland median daily rate £550 £463 £450
Median daily rate % change year-on-year +18.92% +2.78% -
UK median daily rate £600 £485 £575
% change year-on-year +23.71% -15.65% +4.55%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate - - -

Risk Analytics is in the process and methodology 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 process and methodology skills.

Contract Process & Methodology Skills
Scotland
Contract job vacancies with a requirement for process and methodology skills 3508 4690 5090
As % of all contract IT job vacancies advertised in Scotland 82.87% 84.99% 81.64%
Number of daily rates quoted 2046 2675 2651
Scotland median daily rate £380 £375 £375
Median daily rate % change year-on-year +1.33% - -
10th Percentile £256 £235 £250
90th Percentile £525 £510 £500
UK median daily rate £450 £425 £400
% change year-on-year +5.88% +6.25% -
Number of hourly rates quoted 75 89 119
Scotland median hourly rate £30.00 £36.00 £30.00
Median hourly rate % change year-on-year -16.67% +20.00% +20.00%
10th Percentile £13.00 £11.29 £12.35
90th Percentile £45.60 £43.15 £45.34
UK median hourly rate £25.00 £25.00 £21.91
% change year-on-year - +14.10% +5.59%

Risk Analytics
Job Vacancy Trend in Scotland

Job postings citing Risk Analytics as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for Risk Analytics in Scotland

Risk Analytics
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for Risk Analytics in Scotland

Risk Analytics
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 Risk Analytics within the Scotland region over the 6 months to 22 July 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
Edinburgh +38 16 £550 +18.92%
Risk Analytics
UK

For the 6 months to 22 July 2017, IT contractor jobs citing Risk Analytics 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 Risk Analytics.

1 16 (100.00%) MATLAB
1 16 (100.00%) Analytics
2 15 (93.75%) SAS
3 13 (81.25%) Machine Learning
4 12 (75.00%) Statistics
4 12 (75.00%) Mathematics
4 12 (75.00%) Finance
4 12 (75.00%) Regulatory Compliance
5 11 (68.75%) Data Management
5 11 (68.75%) Python
6 10 (62.50%) Applied Mathematics
7 9 (56.25%) PhD
8 8 (50.00%) Econometrics
8 8 (50.00%) R
9 7 (43.75%) Tableau
9 7 (43.75%) Spotfire
9 7 (43.75%) QlikView
9 7 (43.75%) Analytical Skills
10 6 (37.50%) SQL
11 5 (31.25%) Data Analysis
11 5 (31.25%) Statistical Analysis
11 5 (31.25%) Degree
12 4 (25.00%) Signal Processing
12 4 (25.00%) Performance Monitoring
12 4 (25.00%) Predictive Analytics
12 4 (25.00%) Economics
13 3 (18.75%) VBA
14 2 (12.50%) Data Modelling
14 2 (12.50%) Risk Management
14 2 (12.50%) Marketing

Risk Analytics
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 15 (93.75%) SAS
Database & Business Intelligence
1 7 (43.75%) QlikView
1 7 (43.75%) Spotfire
2 1 (6.25%) Big Data
General
1 12 (75.00%) Finance
2 2 (12.50%) Marketing
Job Titles
1 6 (37.50%) Analyst
2 5 (31.25%) Analytics Manager
3 3 (18.75%) Risk Analyst
4 2 (12.50%) Data Analytics Analyst
4 2 (12.50%) SAS Analyst
5 1 (6.25%) Analytics Consultant
5 1 (6.25%) Consultant
5 1 (6.25%) Qualitative Analyst
5 1 (6.25%) Quantitative Analyst
5 1 (6.25%) Risk Analytics Manager
5 1 (6.25%) Risk Manager
Miscellaneous
1 7 (43.75%) Analytical Skills
2 2 (12.50%) Credit Risk
Processes & Methodologies
1 16 (100.00%) Analytics
2 13 (81.25%) Machine Learning
3 12 (75.00%) Mathematics
3 12 (75.00%) Regulatory Compliance
3 12 (75.00%) Statistics
4 11 (68.75%) Data Management
5 10 (62.50%) Applied Mathematics
6 8 (50.00%) Econometrics
7 5 (31.25%) Data Analysis
7 5 (31.25%) Statistical Analysis
8 4 (25.00%) Economics
8 4 (25.00%) Performance Monitoring
8 4 (25.00%) Predictive Analytics
8 4 (25.00%) Signal Processing
9 2 (12.50%) Credit Risk Analytics
9 2 (12.50%) Data Modelling
9 2 (12.50%) Marketing Analytics
9 2 (12.50%) Predictive Modelling
9 2 (12.50%) Risk Management
9 2 (12.50%) Visualisation
Programming Languages
1 16 (100.00%) MATLAB
2 11 (68.75%) Python
3 8 (50.00%) R
4 6 (37.50%) SQL
5 3 (18.75%) VBA
Qualifications
1 9 (56.25%) PhD
2 5 (31.25%) Degree
3 2 (12.50%) Numerate Degree
Vendors
1 7 (43.75%) Tableau