Basel II Contracts

Basel II
UK

The following table provides summary statistics for contract job vacancies with a requirement for Basel II skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Basel II over the 6 months to 28 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 592 699 854
Rank change year-on-year +107 +155 -173
Contract jobs citing Basel II 2 17 1
As % of all contract jobs advertised in the UK 0.005% 0.028% 0.001%
As % of the Quality Assurance & Compliance category 0.032% 0.21% 0.008%
Number of daily rates quoted 2 6 0
10th Percentile £643 £363 -
25th Percentile £669 £370 -
Median daily rate (50th Percentile) £725 £635 -
Median % change year-on-year +14.17% - -
75th Percentile £769 £953 -
90th Percentile £788 £988 -
UK excluding London median daily rate - £375 -

All Quality Assurance and Compliance Skills
UK

Basel II 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.

Contract vacancies with a requirement for quality assurance or compliance skills 6,208 7,984 11,775
As % of all contract IT jobs advertised in the UK 14.33% 13.37% 13.26%
Number of daily rates quoted 3,920 5,483 8,053
10th Percentile £297 £275 £294
25th Percentile £404 £409 £404
Median daily rate (50th Percentile) £510 £525 £513
Median % change year-on-year -2.86% +2.44% +7.89%
75th Percentile £625 £638 £619
90th Percentile £750 £738 £706
UK excluding London median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% +5.88%
Number of hourly rates quoted 381 225 301
10th Percentile £10.95 £13.21 £11.75
25th Percentile £13.18 £18.70 £17.00
Median hourly rate £20.61 £37.50 £28.50
Median % change year-on-year -45.05% +31.58% +35.39%
75th Percentile £45.00 £62.00 £49.25
90th Percentile £67.38 £77.50 £67.36
UK excluding London median hourly rate £18.00 £36.25 £21.05
% change year-on-year -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 28 April 2024.

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 28 April 2024. 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 +102 2 £725 +14.17% 3
London +95 2 £725 -23.68% 3
Work from Home - 1 £800 - 2

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 1 (50.00%) Microsoft Excel
Database & Business Intelligence
1 1 (50.00%) Data Mining
General
1 2 (100.00%) Banking
2 1 (50.00%) Investment Banking
2 1 (50.00%) Social Skills
Job Titles
1 2 (100.00%) Analyst
1 2 (100.00%) Business Analyst
1 2 (100.00%) Investment Banking Business Analyst
1 2 (100.00%) Risk Analyst
1 2 (100.00%) Risk Business Analyst
2 1 (50.00%) Banking Analyst
2 1 (50.00%) Credit Analyst
2 1 (50.00%) Credit Risk Analyst
2 1 (50.00%) Credit Risk Business Analyst
2 1 (50.00%) Market Analyst
2 1 (50.00%) Market Risk Analyst
2 1 (50.00%) Market Risk Business Analyst
Miscellaneous
1 1 (50.00%) Credit Risk
1 1 (50.00%) Market Risk
Processes & Methodologies
1 1 (50.00%) Agile
1 1 (50.00%) Epics
1 1 (50.00%) GAP Analysis
1 1 (50.00%) Re-Platforming
1 1 (50.00%) Stress Testing
1 1 (50.00%) User Stories
Programming Languages
1 1 (50.00%) Python
1 1 (50.00%) R
1 1 (50.00%) SQL
1 1 (50.00%) VBA
Quality Assurance & Compliance
1 1 (50.00%) Basel III