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 27 June 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.

Alternative Investment Fund Managers Directive (AIFMD)
UK
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 606 647 634
Rank change year-on-year +41 -13  
Contract jobs citing AIFMD 4 7 8
As % of all contract IT jobs advertised in the UK 0.008% 0.013% 0.015%
As % of the Quality Assurance & Compliance category 0.073% 0.11% 0.13%
Number of daily rates quoted 4 7 7
Median daily rate £575 £375 £625
Median daily rate % change year-on-year +53.33% -40.00%  
90% offered a daily rate of more than £533 £375 £550
10% offered a daily rate of more than £600 £375 £635
UK excluding London median daily rate £525 £375 -
% change year-on-year +40.00% -  
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 5509 6228 6331
As % of all contract IT job vacancies advertised in the UK 11.69% 11.54% 11.48%
Number of daily rates quoted 3542 4021 4086
Median daily rate £450 £415 £400
Median daily rate % change year-on-year +8.43% +3.75%  
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 186 217 197
Median hourly rate £25.06 £28.00 £22.00
Median hourly rate % change year-on-year -10.50% +27.27%  
90% offered a hourly rate of more than £12.42 £12.29 £12.35
10% offered a hourly rate of more than £47.00 £47.50 £51.30
UK excluding London median hourly rate £25.00 £28.00 £21.78
% change year-on-year -10.71% +28.58%  

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
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 27 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
England +19 4 £575 +53.33%
London - 3 £600 -
South East - 1 £525 -
Kent - 1 £525 -

For the 6 months to 27 June 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 6 (75.00%) MiFID
1 6 (75.00%) Front Office
1 6 (75.00%) EMIR
1 6 (75.00%) Dodd-Frank
2 5 (62.50%) Banking
2 5 (62.50%) Private Banking
2 5 (62.50%) Wealth Management
3 3 (37.50%) SDLC
3 3 (37.50%) Waterfall
3 3 (37.50%) Solvency II
3 3 (37.50%) Investment Management
3 3 (37.50%) Asset Management
4 2 (25.00%) Finance
4 2 (25.00%) UCITS
5 1 (12.50%) Test Automation
5 1 (12.50%) thinkFolio
5 1 (12.50%) FATCA
5 1 (12.50%) CRD IV
5 1 (12.50%) Legal
5 1 (12.50%) Sentinel
5 1 (12.50%) Charles River
5 1 (12.50%) Business Analysis
5 1 (12.50%) Fund Management

AIFMD
Co-occurring 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:

Business Applications
1 1 (12.50%) Sentinel
1 1 (12.50%) thinkFolio
General
1 6 (75.00%) Front Office
2 5 (62.50%) Banking
2 5 (62.50%) Private Banking
3 2 (25.00%) Finance
4 1 (12.50%) Legal
Job Titles
1 8 (100.00%) Analyst
2 7 (87.50%) Business Analyst
3 6 (75.00%) MiFID Business Analyst
4 4 (50.00%) Front Office Business Analyst
5 3 (37.50%) Wealth Management Business Analyst
6 1 (12.50%) AIFMD Business Analyst
6 1 (12.50%) Banking Analyst
6 1 (12.50%) Banking Business Analyst
6 1 (12.50%) Banking Project Manager
6 1 (12.50%) Business IT Analyst
6 1 (12.50%) Business Manager
6 1 (12.50%) Business Project Manager
6 1 (12.50%) IT Analyst
6 1 (12.50%) IT Business Analyst
6 1 (12.50%) MiFID Project Manager
6 1 (12.50%) Monitoring Analyst
6 1 (12.50%) Project Analyst
6 1 (12.50%) Project Manager
6 1 (12.50%) Regulatory Business Analyst
Processes & Methodologies
1 5 (62.50%) Wealth Management
2 3 (37.50%) Asset Management
2 3 (37.50%) Investment Management
2 3 (37.50%) SDLC
2 3 (37.50%) Waterfall
3 1 (12.50%) Business Analysis
3 1 (12.50%) Fund Management
3 1 (12.50%) Test Automation
Quality Assurance & Compliance
1 6 (75.00%) Dodd-Frank
1 6 (75.00%) EMIR
1 6 (75.00%) MiFID
2 3 (37.50%) Solvency II
3 2 (25.00%) UCITS
4 1 (12.50%) CRD IV
4 1 (12.50%) FATCA
Vendors
1 1 (12.50%) Charles River