Period
to 25 June 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 25 June 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
25 Jun 2018
Same period 2017 Same period 2016
Rank 872 822 849
Rank change year-on-year -50 +27 +1
Contract jobs citing AIFMD 6 8 26
As % of all contract IT jobs advertised in the UK 0.006% 0.009% 0.024%
As % of the Quality Assurance & Compliance category 0.049% 0.075% 0.22%
Number of daily rates quoted 4 8 18
UK median daily rate £650 £550 £375
Median daily rate % change year-on-year +18.18% +46.67% -40.00%
10th Percentile £622 £483 £326
90th Percentile £719 £616 £629
UK excluding London median daily rate - £475 £375
% change year-on-year - +26.67% -
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 12,226 10,727 12,079
As % of all contract IT jobs advertised in the UK 12.17% 11.71% 11.36%
Number of daily rates quoted 7,816 6,943 7,739
UK median daily rate £450 £438 £405
Median daily rate % change year-on-year +2.86% +8.02% +1.25%
10th Percentile £256 £240 £225
90th Percentile £638 £625 £600
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.67% -
Number of hourly rates quoted 379 359 416
UK median hourly rate £23.50 £20.00 £24.09
Median hourly rate % change year-on-year +17.50% -16.97% +11.77%
10th Percentile £12.41 £11.00 £11.88
90th Percentile £52.55 £52.50 £55.38
UK excluding London median hourly rate £22.85 £19.50 £26.00
% change year-on-year +17.15% -25.00% +22.96%

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
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 25 June 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 -37 6 £650 +18.18% 2
London -48 6 £650 +18.18% 2

For the 6 months to 25 June 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 6 (100.00%) MiFID
2 5 (83.33%) Investment Management
3 4 (66.67%) EMIR
3 4 (66.67%) Finance
3 4 (66.67%) Business Analysis
3 4 (66.67%) Asset Management
4 3 (50.00%) Banking
4 3 (50.00%) Private Banking
4 3 (50.00%) Wealth Management
4 3 (50.00%) Front Office
4 3 (50.00%) Dodd-Frank
5 2 (33.33%) Project Management
6 1 (16.67%) DNA
6 1 (16.67%) Back Office
6 1 (16.67%) Financial Institution
6 1 (16.67%) Legal
6 1 (16.67%) Stakeholder Management
6 1 (16.67%) Fixed Income
6 1 (16.67%) Equities
6 1 (16.67%) Fund Management
6 1 (16.67%) Capita
6 1 (16.67%) Retail
6 1 (16.67%) Systems Analysis
6 1 (16.67%) GDPR
6 1 (16.67%) Vendor Relationship Management
6 1 (16.67%) SDLC
6 1 (16.67%) Fintech

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:

General
1 4 (66.67%) Finance
2 3 (50.00%) Banking
2 3 (50.00%) Front Office
2 3 (50.00%) Private Banking
3 1 (16.67%) Back Office
3 1 (16.67%) Financial Institution
3 1 (16.67%) Legal
3 1 (16.67%) Retail
Job Titles
1 5 (83.33%) Project Manager
2 4 (66.67%) Analyst
2 4 (66.67%) Business Analyst
2 4 (66.67%) Project Analyst
3 3 (50.00%) Banking Analyst
3 3 (50.00%) Banking Business Analyst
3 3 (50.00%) Banking Project Manager
3 3 (50.00%) Business Manager
3 3 (50.00%) Business Project Manager
3 3 (50.00%) MiFID Business Analyst
3 3 (50.00%) MiFID Project Manager
4 1 (16.67%) Asset Management Analyst
4 1 (16.67%) Asset Management Business Analyst
4 1 (16.67%) Asset Management Project Manager
4 1 (16.67%) Business Change Manager
4 1 (16.67%) Business Change Project Manager
4 1 (16.67%) IT Analyst
4 1 (16.67%) IT Business Analyst
4 1 (16.67%) IT Project Manager
4 1 (16.67%) Report Manager
Miscellaneous
1 1 (16.67%) Equities
1 1 (16.67%) Fintech
1 1 (16.67%) Fixed Income
Processes & Methodologies
1 5 (83.33%) Investment Management
2 4 (66.67%) Asset Management
2 4 (66.67%) Business Analysis
3 3 (50.00%) Wealth Management
4 2 (33.33%) Project Management
5 1 (16.67%) DNA
5 1 (16.67%) Fund Management
5 1 (16.67%) SDLC
5 1 (16.67%) Stakeholder Management
5 1 (16.67%) Systems Analysis
5 1 (16.67%) Vendor Relationship Management
Quality Assurance & Compliance
1 6 (100.00%) MiFID
2 4 (66.67%) EMIR
3 3 (50.00%) Dodd-Frank
4 1 (16.67%) GDPR
Vendors
1 1 (16.67%) Capita