The following table provides summary statistics for contract job vacancies with a requirement for AIFMD skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited AIFMD over the 3 months to 26 March 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Alternative Investment Fund Managers Directive (AIFMD)
UK
Rank 605 622 613
Rank change year-on-year +17 -9  
Contract jobs citing AIFMD 4 19 10
As % of all contract IT jobs advertised in the UK 0.009% 0.036% 0.019%
As % of the Quality Assurance & Compliance category 0.077% 0.32% 0.16%
Number of daily rates quoted 4 11 10
Median daily rate £550 £440 £600
Median daily rate % change year-on-year +25.00% -26.66%  
UK excluding London median daily rate £425 £325 -
% change year-on-year +30.76% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

AIFMD is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
UK
Contract job vacancies with a requirement for quality assurance and compliance skills 5218 5940 6341
As % of all contract IT job vacancies advertised in the UK 11.67% 11.16% 11.92%
Number of daily rates quoted 3429 3773 3849
Median daily rate £450 £420 £400
Median daily rate % change year-on-year +7.14% +5.00%  
90% offered a daily rate of more than £263 £250 £230
10% offered a daily rate of more than £618 £585 £600
UK excluding London median daily rate £400 £400 £380
% change year-on-year - +5.26%  
Number of hourly rates quoted 160 200 176
Median hourly rate £20.00 £38.75 £27.50
Median hourly rate % change year-on-year -48.38% +40.90%  
90% offered a hourly rate of more than £11.00 £13.00 £11.72
10% offered a hourly rate of more than £52.50 £61.00 £50.50
UK excluding London median hourly rate £19.90 £41.00 £29.00
% change year-on-year -51.46% +41.37%  

AIFMD
Job Vacancy Trend

The job posting trend of jobs advertised citing AIFMD as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for AIFMD in the UK

AIFMD
Contractor Daily Rate Trend

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

Contractor daily rate trend for AIFMD in the UK

AIFMD
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing AIFMD over the 3 months to 26 March 2017.

Contractor daily rate histogram for AIFMD in the UK

AIFMD
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing AIFMD within the UK over the 3 months to 26 March 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
England +24 3 £550 +20.87%
London +15 3 £550 +20.87%
Scotland +23 1 £425 +30.76%
Edinburgh - 1 £425 -

AIFMD
Top 30 Related IT Skills

For the 6 months to 26 March 2017, IT contractor jobs citing AIFMD also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for AIFMD.

1 8 (88.89%) MiFID
1 8 (88.89%) EMIR
2 7 (77.78%) Dodd-Frank
2 7 (77.78%) Wealth Management
2 7 (77.78%) Banking
3 6 (66.67%) Investment Management
4 5 (55.56%) Front Office
5 4 (44.44%) Investment Banking
6 3 (33.33%) Private Banking
7 2 (22.22%) SDLC
7 2 (22.22%) Waterfall
7 2 (22.22%) Solvency II
8 1 (11.11%) Equities
8 1 (11.11%) Retail
8 1 (11.11%) Asset Management
8 1 (11.11%) Finance
8 1 (11.11%) Legal
8 1 (11.11%) Fixed Income
8 1 (11.11%) Change Management
8 1 (11.11%) Financial Institution
8 1 (11.11%) Management Information System
8 1 (11.11%) MS Project
8 1 (11.11%) HTTP
8 1 (11.11%) Project Management
8 1 (11.11%) Data Governance
8 1 (11.11%) FATCA
8 1 (11.11%) UCITS
8 1 (11.11%) CRD IV
8 1 (11.11%) Business Analysis
8 1 (11.11%) Data Architecture

AIFMD
Top Related IT Skills 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:

Applications
1 1 (11.11%) MS Project
Communications & Networking
1 1 (11.11%) HTTP
General
1 7 (77.78%) Banking
2 5 (55.56%) Front Office
3 4 (44.44%) Investment Banking
4 3 (33.33%) Private Banking
5 1 (11.11%) Finance
5 1 (11.11%) Financial Institution
5 1 (11.11%) Legal
5 1 (11.11%) Retail
Job Titles
1 8 (88.89%) Analyst
1 8 (88.89%) Business Analyst
2 7 (77.78%) MiFID Business Analyst
3 5 (55.56%) Regulatory Business Analyst
4 3 (33.33%) Front Office Business Analyst
5 2 (22.22%) Business IT Analyst
5 2 (22.22%) IT Analyst
5 2 (22.22%) IT Business Analyst
5 2 (22.22%) Wealth Management Business Analyst
6 1 (11.11%) AIFMD Business Analyst
6 1 (11.11%) IT Manager
6 1 (11.11%) IT Project Manager
6 1 (11.11%) MiFID Project Manager
6 1 (11.11%) Project Manager
Miscellaneous
1 1 (11.11%) Equities
1 1 (11.11%) Fixed Income
1 1 (11.11%) Management Information System
Processes & Methodologies
1 7 (77.78%) Wealth Management
2 6 (66.67%) Investment Management
3 2 (22.22%) SDLC
3 2 (22.22%) Waterfall
4 1 (11.11%) Asset Management
4 1 (11.11%) Business Analysis
4 1 (11.11%) Change Management
4 1 (11.11%) Data Architecture
4 1 (11.11%) Data Governance
4 1 (11.11%) Project Management
Quality Assurance & Compliance
1 8 (88.89%) EMIR
1 8 (88.89%) MiFID
2 7 (77.78%) Dodd-Frank
3 2 (22.22%) Solvency II
4 1 (11.11%) CRD IV
4 1 (11.11%) FATCA
4 1 (11.11%) UCITS