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 3 months to 25 June 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
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 573 626 597
Rank change year-on-year +53 -29  
Contract jobs citing Basel III 14 26 39
As % of all contract IT jobs advertised in the UK 0.030% 0.049% 0.070%
As % of the Quality Assurance & Compliance category 0.26% 0.42% 0.60%
Number of daily rates quoted 11 20 32
Median daily rate £525 £525 £600
Median daily rate % change year-on-year - -12.50%  
90% offered a daily rate of more than £400 £425 £481
10% offered a daily rate of more than £650 £675 £625
UK excluding London median daily rate £413 £425 £480
% change year-on-year -2.94% -11.45%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Basel III is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
UK
Contract job vacancies with a requirement for quality assurance and compliance skills 5397 6122 6448
As % of all contract IT job vacancies advertised in the UK 11.66% 11.54% 11.51%
Number of daily rates quoted 3472 3956 4153
Median daily rate £450 £413 £400
Median daily rate % change year-on-year +9.09% +3.12%  
90% offered a daily rate of more than £260 £250 £250
10% offered a daily rate of more than £600 £598 £600
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 182 212 205
Median hourly rate £25.00 £28.00 £24.00
Median hourly rate % change year-on-year -10.71% +16.66%  
90% offered a hourly rate of more than £12.00 £12.50 £12.50
10% offered a hourly rate of more than £47.00 £47.50 £51.17
UK excluding London median hourly rate £25.00 £28.00 £24.75
% change year-on-year -10.71% +13.13%  

Basel III
Job Vacancy Trend

The job posting trend of jobs advertised citing Basel III as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

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 3 months to 25 June 2017.

Contractor daily rate histogram for Basel III in the UK

Basel III
Top 6 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 3 months to 25 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +33 11 £550 +4.76% 5
London -6 11 £550 - 5
Scotland +43 2 £413 - 1
Glasgow +5 2 £413 -
City of London +2 1 £313 -50.98% 1
Docklands, London - 1 £650 -

For the 6 months to 25 June 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 24 (77.42%) Finance
2 21 (67.74%) Banking
3 13 (41.94%) Investment Banking
4 12 (38.71%) Business Analysis
5 9 (29.03%) SQL
6 8 (25.81%) Microsoft Excel
6 8 (25.81%) Front Office
6 8 (25.81%) Risk Management
6 8 (25.81%) Stakeholder Management
7 7 (22.58%) Credit Risk
7 7 (22.58%) Risk Analysis
8 6 (19.35%) CRD IV
8 6 (19.35%) C#
8 6 (19.35%) Microsoft
9 5 (16.13%) JD Edwards
9 5 (16.13%) Microsoft Office
10 4 (12.90%) IFRS
10 4 (12.90%) Analytical Skills
10 4 (12.90%) Data Warehouse
10 4 (12.90%) MS Visio
10 4 (12.90%) Basel II
10 4 (12.90%) Equities
10 4 (12.90%) Degree
10 4 (12.90%) Agile Software Development
10 4 (12.90%) Retail
10 4 (12.90%) Microsoft PowerPoint
11 3 (9.68%) SQL Server Integration Services
11 3 (9.68%) Data Management
11 3 (9.68%) SQL Server Reporting Services
11 3 (9.68%) Use Case

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 2 (6.45%) SharePoint
2 1 (3.23%) SAS
Applications
1 8 (25.81%) Microsoft Excel
2 5 (16.13%) Microsoft Office
3 4 (12.90%) Microsoft PowerPoint
3 4 (12.90%) MS Visio
Business Applications
1 1 (3.23%) SAP R/3
Database & Business Intelligence
1 4 (12.90%) Data Warehouse
2 3 (9.68%) SQL Server
2 3 (9.68%) SQL Server Integration Services
2 3 (9.68%) SQL Server Reporting Services
3 2 (6.45%) MS Access
4 1 (3.23%) Data Lake
4 1 (3.23%) Hadoop
4 1 (3.23%) PowerCenter
Development Applications
1 1 (3.23%) Bitbucket
1 1 (3.23%) Git (software)
General
1 24 (77.42%) Finance
2 21 (67.74%) Banking
3 13 (41.94%) Investment Banking
4 8 (25.81%) Front Office
5 4 (12.90%) Retail
6 2 (6.45%) Financial Institution
6 2 (6.45%) Retail Banking
7 1 (3.23%) Advertising
7 1 (3.23%) Corporate Banking
7 1 (3.23%) General Ledger
Job Titles
1 18 (58.06%) Analyst
2 16 (51.61%) Business Analyst
3 7 (22.58%) Banking Analyst
3 7 (22.58%) Banking Business Analyst
3 7 (22.58%) Finance Business Analyst
3 7 (22.58%) Financial Analyst
4 5 (16.13%) Liquidity Business Analyst
5 4 (12.90%) Developer
6 3 (9.68%) Risk Analyst
6 3 (9.68%) Risk Business Analyst
6 3 (9.68%) Senior Analyst
6 3 (9.68%) Senior Business Analyst
7 2 (6.45%) Business Intelligence Developer
7 2 (6.45%) Credit Analyst
7 2 (6.45%) Credit Risk Analyst
7 2 (6.45%) Credit Risk Business Analyst
7 2 (6.45%) Pricing Analyst
7 2 (6.45%) Project Manager
7 2 (6.45%) Report Specialist
7 2 (6.45%) Senior Pricing Analyst
Libraries, Frameworks & Software Standards
1 1 (3.23%) .NET
1 1 (3.23%) ASP.NET
1 1 (3.23%) ASP.NET MVC
1 1 (3.23%) Oracle Fusion
1 1 (3.23%) XBRL
1 1 (3.23%) XML
Miscellaneous
1 7 (22.58%) Credit Risk
2 4 (12.90%) Analytical Skills
2 4 (12.90%) Equities
3 3 (9.68%) Foreign Exchange (FX)
3 3 (9.68%) Reference Data
4 2 (6.45%) Hedge funds
4 2 (6.45%) Market Risk
5 1 (3.23%) Algorithms
5 1 (3.23%) Computer Science
5 1 (3.23%) Derivative
5 1 (3.23%) Fintech
5 1 (3.23%) Management Information System
5 1 (3.23%) OTC Derivatives
5 1 (3.23%) SWIFT
5 1 (3.23%) Virtual Team
Operating Systems
1 1 (3.23%) Linux
1 1 (3.23%) Windows
Processes & Methodologies
1 12 (38.71%) Business Analysis
2 8 (25.81%) Risk Management
2 8 (25.81%) Stakeholder Management
3 7 (22.58%) Risk Analysis
4 4 (12.90%) Agile Software Development
5 3 (9.68%) Business Intelligence
5 3 (9.68%) Change Management
5 3 (9.68%) Data Management
5 3 (9.68%) GAP Analysis
5 3 (9.68%) MVC
5 3 (9.68%) Regulatory Compliance
5 3 (9.68%) Stress Testing
5 3 (9.68%) Use Case
6 2 (6.45%) ETL
6 2 (6.45%) Internal Audit
6 2 (6.45%) ITIL
6 2 (6.45%) Quality Management
6 2 (6.45%) Risk Assessment
6 2 (6.45%) SDLC
6 2 (6.45%) Workflow
Programming Languages
1 9 (29.03%) SQL
2 6 (19.35%) C#
3 1 (3.23%) C++
3 1 (3.23%) VB.NET
3 1 (3.23%) VBA
Qualifications
1 4 (12.90%) Degree
2 2 (6.45%) CISA
2 2 (6.45%) CISM
2 2 (6.45%) CISSP
2 2 (6.45%) CRISC
3 1 (3.23%) Numerate Degree
Quality Assurance & Compliance
1 6 (19.35%) CRD IV
2 4 (12.90%) Basel II
2 4 (12.90%) IFRS
3 3 (9.68%) COREP
4 2 (6.45%) COBIT
4 2 (6.45%) FINREP
4 2 (6.45%) GAAP
4 2 (6.45%) Sarbanes-Oxley
5 1 (3.23%) Data Quality
5 1 (3.23%) IFRS 9
Systems Management
1 1 (3.23%) HP Quality Center
Vendors
1 6 (19.35%) Microsoft
2 5 (16.13%) JD Edwards
3 1 (3.23%) FIS
3 1 (3.23%) Informatica
3 1 (3.23%) Oracle
3 1 (3.23%) Perforce
3 1 (3.23%) SAP
London
Joseph Harry Ltd
Posted: 5 days ago
London
Orgtel
Rate: £170 - £230 per day
Posted: 2 days ago