Period
to 24 February 2018

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 6 months to 24 February 2018 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
6 months to
24 Feb 2018
Same period 2017 Same period 2016
Rank 868 843 855
Rank change year-on-year -25 +12 +27
Contract jobs citing AIFMD 10 12 44
As % of all contract IT jobs advertised in the UK 0.010% 0.013% 0.041%
As % of the Quality Assurance & Compliance category 0.077% 0.11% 0.34%
Number of daily rates quoted 8 10 25
UK median daily rate £650 £538 £550
Median daily rate % change year-on-year +20.93% -2.27% +7.74%
10th Percentile £610 £458 £296
90th Percentile £806 £575 £658
UK excluding London median daily rate - £425 £325
% change year-on-year - +30.77% -17.93%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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

All Quality Assurance and Compliance Skills
UK
Contract vacancies with a requirement for quality assurance or compliance skills 13,045 11,161 12,815
As % of all contract IT jobs advertised in the UK 12.96% 11.64% 11.86%
Number of daily rates quoted 8,529 7,316 8,055
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £256 £225 £230
90th Percentile £638 £625 £594
UK excluding London median daily rate £400 £400 £375
% change year-on-year - +6.67% +2.74%
Number of hourly rates quoted 354 390 452
UK median hourly rate £21.65 £22.00 £25.00
Median hourly rate % change year-on-year -1.61% -12.00% +16.28%
10th Percentile £11.64 £11.00 £11.39
90th Percentile £57.50 £50.00 £52.50
UK excluding London median hourly rate £24.00 £22.50 £25.25
% change year-on-year +6.67% -10.89% +26.25%

AIFMD
Job Vacancy Trend

Job postings citing AIFMD as a percentage of all IT jobs advertised.

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 6 months to 24 February 2018.

Contractor daily rate histogram for AIFMD in the UK

AIFMD
Top 2 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 6 months to 24 February 2018. 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
England -28 10 £650 +18.18% 2
London -30 10 £650 +18.18% 2

For the 6 months to 24 February 2018, IT contractor jobs citing AIFMD also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads with a requirement for AIFMD.

1 9 (90.00%) MiFID
2 8 (80.00%) Asset Management
3 6 (60.00%) Business Analysis
3 6 (60.00%) EMIR
4 5 (50.00%) Investment Management
4 5 (50.00%) Project Management
4 5 (50.00%) Finance
5 4 (40.00%) Fixed Income
6 3 (30.00%) Equities
6 3 (30.00%) Back Office
7 2 (20.00%) GDPR
7 2 (20.00%) Dodd-Frank
7 2 (20.00%) UCITS
7 2 (20.00%) Analytical Skills
7 2 (20.00%) Private Banking
7 2 (20.00%) Wealth Management
7 2 (20.00%) Stakeholder Management
7 2 (20.00%) Banking
7 2 (20.00%) Front Office
8 1 (10.00%) Legal
8 1 (10.00%) Financial Institution
8 1 (10.00%) XML
8 1 (10.00%) Unix
8 1 (10.00%) Linux
8 1 (10.00%) DNA
8 1 (10.00%) LAN
8 1 (10.00%) WAN
8 1 (10.00%) TCP/IP
8 1 (10.00%) Middleware
8 1 (10.00%) Retail

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:

Communications & Networking
1 1 (10.00%) LAN
1 1 (10.00%) TCP/IP
1 1 (10.00%) WAN
General
1 5 (50.00%) Finance
2 3 (30.00%) Back Office
3 2 (20.00%) Banking
3 2 (20.00%) Front Office
3 2 (20.00%) Private Banking
4 1 (10.00%) Financial Institution
4 1 (10.00%) Legal
4 1 (10.00%) Retail
Job Titles
1 8 (80.00%) Project Manager
2 4 (40.00%) Business Analyst
3 3 (30.00%) Asset Management Project Manager
4 2 (20.00%) Analyst
4 2 (20.00%) Asset Management Business Analyst
4 2 (20.00%) Banking Analyst
4 2 (20.00%) Banking Business Analyst
4 2 (20.00%) Banking Project Manager
4 2 (20.00%) Business Manager
4 2 (20.00%) Business Project Manager
4 2 (20.00%) MiFID Business Analyst
4 2 (20.00%) MiFID Project Manager
4 2 (20.00%) Project Analyst
4 2 (20.00%) Regulatory Business Analyst
5 1 (10.00%) IT Manager
5 1 (10.00%) IT Project Manager
5 1 (10.00%) Product Manager
5 1 (10.00%) Senior IT Project Manager
5 1 (10.00%) Senior Manager
5 1 (10.00%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 1 (10.00%) Middleware
1 1 (10.00%) XML
Miscellaneous
1 4 (40.00%) Fixed Income
2 3 (30.00%) Equities
3 2 (20.00%) Analytical Skills
4 1 (10.00%) Fintech
Operating Systems
1 1 (10.00%) Linux
1 1 (10.00%) Unix
Processes & Methodologies
1 8 (80.00%) Asset Management
2 6 (60.00%) Business Analysis
3 5 (50.00%) Investment Management
3 5 (50.00%) Project Management
4 2 (20.00%) Stakeholder Management
4 2 (20.00%) Wealth Management
5 1 (10.00%) DNA
5 1 (10.00%) Fund Accounting
5 1 (10.00%) Fund Management
5 1 (10.00%) Portfolio Management
5 1 (10.00%) Product Management
5 1 (10.00%) SDLC
5 1 (10.00%) Time Management
Qualifications
1 1 (10.00%) CFA
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 9 (90.00%) MiFID
2 6 (60.00%) EMIR
3 2 (20.00%) Dodd-Frank
3 2 (20.00%) GDPR
3 2 (20.00%) UCITS
4 1 (10.00%) FATCA
4 1 (10.00%) IFRS
Vendors
1 1 (10.00%) Capita