Period
to 18 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for Basel III skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Basel III over the 6 months to 18 November 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.

Basel III
UK
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 874 831 822
Rank change year-on-year -43 -9 -42
Contract jobs citing Basel III 15 55 82
As % of all contract IT jobs advertised in the UK 0.015% 0.052% 0.071%
As % of the Quality Assurance & Compliance category 0.12% 0.46% 0.60%
Number of daily rates quoted 9 40 71
UK median daily rate £550 £519 £570
Median daily rate % change year-on-year +6.02% -8.99% +11.76%
10th Percentile £461 £406 £413
90th Percentile £630 £708 £675
UK excluding London median daily rate - £425 £500
% change year-on-year - -15.00% -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

Basel III 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 12959 11991 13613
As % of all contract IT jobs advertised in the UK 12.69% 11.35% 11.85%
Number of daily rates quoted 8470 7819 8616
UK median daily rate £438 £425 £405
Median daily rate % change year-on-year +2.94% +4.94% +1.25%
10th Percentile £256 £225 £230
90th Percentile £638 £600 £588
UK excluding London median daily rate £400 £390 £385
% change year-on-year +2.56% +1.30% +6.21%
Number of hourly rates quoted 376 431 477
UK median hourly rate £20.00 £22.84 £22.50
Median hourly rate % change year-on-year -12.42% +1.49% +15.38%
10th Percentile £11.25 £10.75 £11.25
90th Percentile £48.65 £47.00 £51.20
UK excluding London median hourly rate £20.00 £25.00 £22.00
% change year-on-year -20.00% +13.64% +10.00%

Basel III
Job Vacancy Trend

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

Job vacancy trend for Basel III in the UK

Basel III
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Basel III.

Contractor daily rate trend for Basel III in the UK

Basel III
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Basel III over the 6 months to 18 November 2017.

Contractor daily rate histogram for Basel III in the UK

Basel III
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 Basel III within the UK over the 6 months to 18 November 2017. 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 +3 15 £550 +6.02% 3
London -45 15 £550 +4.76% 3

For the 6 months to 18 November 2017, IT contractor jobs citing Basel III 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 Basel III.

1 12 (80.00%) Finance
2 10 (66.67%) Banking
3 7 (46.67%) Investment Banking
3 7 (46.67%) SQL
3 7 (46.67%) CRD IV
4 6 (40.00%) Stakeholder Management
5 5 (33.33%) Business Analysis
5 5 (33.33%) Credit Risk
6 4 (26.67%) Agile Software Development
6 4 (26.67%) Data Analysis
6 4 (26.67%) C#
6 4 (26.67%) Microsoft Excel
6 4 (26.67%) Project Management
6 4 (26.67%) Front Office
7 3 (20.00%) Basel II
7 3 (20.00%) JD Edwards
7 3 (20.00%) Risk Analysis
8 2 (13.33%) Translating Business Requirements
8 2 (13.33%) Regulatory Compliance
8 2 (13.33%) IT Strategy
8 2 (13.33%) Waterfall
8 2 (13.33%) Stress Testing
8 2 (13.33%) Security Testing
8 2 (13.33%) COREP
8 2 (13.33%) Analytical Skills
8 2 (13.33%) Market Risk
8 2 (13.33%) Degree
8 2 (13.33%) JIRA
8 2 (13.33%) Retail Banking
8 2 (13.33%) Migration

Basel III
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:

Application Platforms
1 1 (6.67%) Apache Spark
1 1 (6.67%) SAS
Applications
1 4 (26.67%) Microsoft Excel
2 1 (6.67%) Microsoft Office
Database & Business Intelligence
1 2 (13.33%) SQL Server
2 1 (6.67%) Apache Hive
2 1 (6.67%) Big Data
2 1 (6.67%) Hadoop
2 1 (6.67%) HBase
2 1 (6.67%) Impala
2 1 (6.67%) RDBMS
2 1 (6.67%) Relational Database
Development Applications
1 2 (13.33%) JIRA
General
1 12 (80.00%) Finance
2 10 (66.67%) Banking
3 7 (46.67%) Investment Banking
4 4 (26.67%) Front Office
5 2 (13.33%) Retail Banking
6 1 (6.67%) Advertising
6 1 (6.67%) Corporate Banking
6 1 (6.67%) Law
6 1 (6.67%) Private Banking
6 1 (6.67%) Retail
Job Titles
1 11 (73.33%) Analyst
2 7 (46.67%) Business Analyst
3 5 (33.33%) Banking Analyst
4 4 (26.67%) Financial Analyst
4 4 (26.67%) Project Manager
5 3 (20.00%) Finance Manager
5 3 (20.00%) Finance Project Manager
5 3 (20.00%) Risk Analyst
6 2 (13.33%) Banking Business Analyst
6 2 (13.33%) Credit Analyst
6 2 (13.33%) Data Analyst
6 2 (13.33%) Finance Business Analyst
6 2 (13.33%) Report Manager
6 2 (13.33%) Risk Data Analyst
7 1 (6.67%) Business Test Analyst
7 1 (6.67%) Credit Risk Analyst
7 1 (6.67%) Credit Risk Business Analyst
7 1 (6.67%) Investment Banking Business Analyst
7 1 (6.67%) Project Analyst
7 1 (6.67%) UAT Analyst
Libraries, Frameworks & Software Standards
1 1 (6.67%) Akka
1 1 (6.67%) Kafka
Miscellaneous
1 5 (33.33%) Credit Risk
2 2 (13.33%) Analytical Skills
2 2 (13.33%) Market Risk
3 1 (6.67%) PMI
3 1 (6.67%) Reference Data
3 1 (6.67%) Replication
3 1 (6.67%) SWIFT
Processes & Methodologies
1 6 (40.00%) Stakeholder Management
2 5 (33.33%) Business Analysis
3 4 (26.67%) Agile Software Development
3 4 (26.67%) Data Analysis
3 4 (26.67%) Project Management
4 3 (20.00%) Risk Analysis
5 2 (13.33%) IT Strategy
5 2 (13.33%) Migration
5 2 (13.33%) PRINCE2
5 2 (13.33%) Regulatory Compliance
5 2 (13.33%) Security Testing
5 2 (13.33%) Stress Testing
5 2 (13.33%) Translating Business Requirements
5 2 (13.33%) Waterfall
6 1 (6.67%) Anti-Money Laundering
6 1 (6.67%) Data Ingestion
6 1 (6.67%) KYC
6 1 (6.67%) Logical Data Model
6 1 (6.67%) Prototyping
6 1 (6.67%) SDLC
Programming Languages
1 7 (46.67%) SQL
2 4 (26.67%) C#
3 2 (13.33%) PL/SQL
4 1 (6.67%) Java
4 1 (6.67%) MATLAB
4 1 (6.67%) R
4 1 (6.67%) Scala
4 1 (6.67%) VB
Qualifications
1 2 (13.33%) Degree
2 1 (6.67%) ISEB
2 1 (6.67%) PMI Certification
2 1 (6.67%) PMP
Quality Assurance & Compliance
1 7 (46.67%) CRD IV
2 3 (20.00%) Basel II
3 2 (13.33%) COREP
4 1 (6.67%) Dodd-Frank
4 1 (6.67%) PSD2
System Software
1 1 (6.67%) Apache Flume
1 1 (6.67%) HDFS
Systems Management
1 1 (6.67%) Oozie
Vendors
1 3 (20.00%) JD Edwards
2 2 (13.33%) Oracle
3 1 (6.67%) FIS
3 1 (6.67%) Microsoft