Basel II Contracts

Basel II
UK

The table below provides summary statistics for contract job vacancies requiring Basel II skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Basel II over the 6 months leading up to 30 April 2025, comparing them to the same period in the previous two years.

6 months to
30 Apr 2025
Same period 2024 Same period 2023
Rank 511 598 696
Rank change year-on-year +87 +98 +158
Contract jobs citing Basel II 8 2 17
As % of all contract jobs advertised in the UK 0.027% 0.005% 0.028%
As % of the Quality Assurance & Compliance category 0.18% 0.032% 0.21%
Number of daily rates quoted 6 2 6
10th Percentile £620 £643 £363
25th Percentile £637 £669 £370
Median daily rate (50th Percentile) £755 £725 £635
Median % change year-on-year +4.14% +14.17% -
75th Percentile £884 £769 £953
90th Percentile £963 £788 £988
UK excluding London median daily rate - - £375

All Quality Assurance and Compliance Skills
UK

Basel II falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 4,558 6,250 7,982
As % of all contract IT jobs advertised in the UK 15.59% 14.34% 13.37%
Number of daily rates quoted 2,921 3,951 5,482
10th Percentile £265 £295 £275
25th Percentile £400 £402 £409
Median daily rate (50th Percentile) £500 £510 £525
Median % change year-on-year -1.96% -2.86% +2.44%
75th Percentile £623 £625 £638
90th Percentile £725 £750 £738
UK excluding London median daily rate £475 £488 £475
% change year-on-year -2.56% +2.63% +5.56%
Number of hourly rates quoted 179 383 225
10th Percentile £18.04 £10.95 £13.21
25th Percentile £22.21 £13.18 £18.70
Median hourly rate £34.50 £21.00 £37.50
Median % change year-on-year +64.29% -44.00% +33.93%
75th Percentile £65.00 £45.00 £62.00
90th Percentile £83.01 £67.38 £77.50
UK excluding London median hourly rate £40.78 £18.00 £36.25
% change year-on-year +126.53% -50.34% +72.21%

Basel II
Job Vacancy Trend

Job postings citing Basel II as a proportion of all IT jobs advertised.

Job vacancy trend for Basel II in the UK

Basel II
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Basel II.

Daily rate trend for Basel II in the UK

Basel II
Daily Rate Histogram

Daily rate distribution for jobs citing Basel II over the 6 months to 30 April 2025.

Daily rate histogram for Basel II in the UK

Basel II
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Basel II.

Hourly rate trend for Basel II in the UK

Basel II
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Basel II within the UK over the 6 months to 30 April 2025. 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
Jobs
England +69 8 £755 +4.14% 6
London +41 8 £755 +4.14% 6
Work from Home +54 5 £828 +3.44% 3

Basel II
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 3 (37.50%) Microsoft Excel
Cloud Services
1 4 (50.00%) SaaS
2 3 (37.50%) Power Platform
Database & Business Intelligence
1 3 (37.50%) Data Mining
1 3 (37.50%) Power BI
2 2 (25.00%) Data Mart
Development Applications
1 2 (25.00%) Ant
General
1 6 (75.00%) Banking
2 5 (62.50%) Finance
2 5 (62.50%) Investment Banking
3 3 (37.50%) Social Skills
4 1 (12.50%) Financial Institution
Job Titles
1 4 (50.00%) Consultant
1 4 (50.00%) Risk Consultant
2 2 (25.00%) Lead
2 2 (25.00%) Murex Consultant
2 2 (25.00%) Senior
2 2 (25.00%) Senior Consultant
3 1 (12.50%) Analyst
3 1 (12.50%) Developer
3 1 (12.50%) Implementation Consultant
3 1 (12.50%) IT Director
3 1 (12.50%) Lead Developer
3 1 (12.50%) Programme Director
3 1 (12.50%) Qualitative Analyst
3 1 (12.50%) Quantitative Analyst
3 1 (12.50%) Quantitative Developer
Miscellaneous
1 6 (75.00%) Market Risk
2 4 (50.00%) Credit Risk
3 2 (25.00%) Foreign Exchange (FX)
3 2 (25.00%) Greenfield Project
4 1 (12.50%) Onboarding
Processes & Methodologies
1 4 (50.00%) Agile
1 4 (50.00%) Analytics
1 4 (50.00%) Risk Management
1 4 (50.00%) Scenario Testing
1 4 (50.00%) SDLC
2 3 (37.50%) Business Intelligence
2 3 (37.50%) Problem-Solving
2 3 (37.50%) Scrum
2 3 (37.50%) Stress Testing
3 2 (25.00%) Collaborative Culture
3 2 (25.00%) Collateral Management
3 2 (25.00%) Continuous Improvement
3 2 (25.00%) Mathematical Modelling
3 2 (25.00%) Mathematics
3 2 (25.00%) Service Delivery
4 1 (12.50%) Credit Risk Management
4 1 (12.50%) Credit Risk Modelling
4 1 (12.50%) Regulatory Compliance
4 1 (12.50%) Strategic Thinking
4 1 (12.50%) Unit Testing
Programming Languages
1 6 (75.00%) SQL
2 2 (25.00%) Python
2 2 (25.00%) Shell Script
Quality Assurance & Compliance
1 3 (37.50%) Basel III
Systems Management
1 2 (25.00%) Control-M
Vendors
1 2 (25.00%) Calypso
1 2 (25.00%) Murex