Period
to 19 January 2019

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 19 January 2019 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
19 Jan 2019
Same period 2018 Same period 2017
Rank 849 853 822
Rank change year-on-year +4 -31 -11
Contract jobs citing Basel III 24 15 43
As % of all contract IT jobs advertised in the UK 0.024% 0.015% 0.044%
As % of the Quality Assurance & Compliance category 0.23% 0.12% 0.39%
Number of daily rates quoted 6 9 32
UK median daily rate £538 £600 £488
Median daily rate % change year-on-year -10.42% +23.08% -4.41%
10th Percentile £413 £520 £402
90th Percentile £635 £763 £671
UK excluding London median daily rate - - -
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 10,536 12,950 11,117
As % of all contract IT jobs advertised in the UK 10.67% 12.92% 11.47%
Number of daily rates quoted 6,589 8,491 7,276
UK median daily rate £450 £440 £425
Median daily rate % change year-on-year +2.27% +3.53% +4.94%
10th Percentile £256 £256 £228
90th Percentile £625 £638 £624
UK excluding London median daily rate £420 £400 £400
% change year-on-year +5.00% - +3.23%
Number of hourly rates quoted 361 354 399
UK median hourly rate £20.25 £20.60 £23.50
Median hourly rate % change year-on-year -1.72% -12.34% -6.00%
10th Percentile £11.00 £11.25 £10.79
90th Percentile £47.50 £50.78 £47.50
UK excluding London median hourly rate £20.24 £22.42 £25.00
% change year-on-year -9.76% -10.31% -

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 19 January 2019.

Contractor daily rate histogram for Basel III in the UK

Basel III
Top 4 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 19 January 2019. 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
London +3 23 £538 -10.42% 1
England 0 23 £538 -10.42% 1
Scotland - 1 - -
UK excluding London - 1 - -

For the 6 months to 19 January 2019, IT contractor jobs citing Basel III 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 Basel III.

1 23 (95.83%) Finance
2 20 (83.33%) Banking
3 19 (79.17%) SQL
4 16 (66.67%) Oracle
4 16 (66.67%) Oracle Reports
5 15 (62.50%) RDBMS
5 15 (62.50%) Migration
5 15 (62.50%) Agile Software Development
5 15 (62.50%) Relational Database
6 12 (50.00%) Data Mapping
6 12 (50.00%) Investment Banking
7 11 (45.83%) Business Analysis
8 10 (41.67%) SQL Server Integration Services
9 9 (37.50%) Risk Analysis
9 9 (37.50%) Oracle Database
9 9 (37.50%) Business Intelligence
9 9 (37.50%) Scrum
9 9 (37.50%) Front Office
9 9 (37.50%) SQL Server
9 9 (37.50%) Kanban
10 8 (33.33%) ETL
10 8 (33.33%) Performance Tuning
10 8 (33.33%) User Acceptance Testing
11 7 (29.17%) Data Warehouse
11 7 (29.17%) Power BI
12 6 (25.00%) SQL Server 2014
12 6 (25.00%) SQL Server 2016
12 6 (25.00%) Informatica
12 6 (25.00%) PowerCenter
12 6 (25.00%) Microsoft Excel

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:

Applications
1 6 (25.00%) Microsoft Excel
2 1 (4.17%) Microsoft Office
Database & Business Intelligence
1 16 (66.67%) Oracle Reports
2 15 (62.50%) RDBMS
2 15 (62.50%) Relational Database
3 10 (41.67%) SQL Server Integration Services
4 9 (37.50%) Oracle Database
4 9 (37.50%) SQL Server
5 7 (29.17%) Data Warehouse
5 7 (29.17%) Power BI
6 6 (25.00%) PowerCenter
6 6 (25.00%) PowerPivot
6 6 (25.00%) SQL Server 2014
6 6 (25.00%) SQL Server 2016
7 3 (12.50%) SQL Server Reporting Services
8 1 (4.17%) QlikView
8 1 (4.17%) SQL Server Analysis Services
8 1 (4.17%) SQLPlus
General
1 23 (95.83%) Finance
2 20 (83.33%) Banking
3 12 (50.00%) Investment Banking
4 9 (37.50%) Front Office
Job Titles
1 13 (54.17%) Analyst
2 11 (45.83%) Financial Analyst
2 11 (45.83%) Risk Analyst
3 10 (41.67%) Business Analyst
3 10 (41.67%) Developer
4 9 (37.50%) Finance Business Analyst
4 9 (37.50%) Risk Business Analyst
4 9 (37.50%) SQL Developer
5 6 (25.00%) ETL Developer
5 6 (25.00%) Informatica Developer
5 6 (25.00%) Informatica ETL Developer
5 6 (25.00%) Liquidity Business Analyst
6 3 (12.50%) Banking Analyst
6 3 (12.50%) Business Finance Analyst
6 3 (12.50%) Data Analyst
6 3 (12.50%) Data Business Analyst
7 2 (8.33%) Risk Data Analyst
8 1 (4.17%) Banking Business Analyst
8 1 (4.17%) Business Intelligence Developer
8 1 (4.17%) MiFID Business Analyst
Libraries, Frameworks & Software Standards
1 6 (25.00%) JSON
1 6 (25.00%) Web Services
1 6 (25.00%) XML
Miscellaneous
1 3 (12.50%) Credit Risk
2 1 (4.17%) Analytical Skills
2 1 (4.17%) Fixed Income
2 1 (4.17%) Virtual Team
Processes & Methodologies
1 15 (62.50%) Agile Software Development
1 15 (62.50%) Migration
2 12 (50.00%) Data Mapping
3 11 (45.83%) Business Analysis
4 9 (37.50%) Business Intelligence
4 9 (37.50%) Kanban
4 9 (37.50%) Risk Analysis
4 9 (37.50%) Scrum
5 8 (33.33%) ETL
5 8 (33.33%) Performance Tuning
5 8 (33.33%) User Acceptance Testing
6 6 (25.00%) Kimball Methodology
6 6 (25.00%) Visualisation
7 1 (4.17%) Complex ETL
7 1 (4.17%) Decision-Making
7 1 (4.17%) Due Diligence
7 1 (4.17%) Integration Testing
7 1 (4.17%) Problem-Solving
7 1 (4.17%) Virtual Team Management
Programming Languages
1 19 (79.17%) SQL
2 3 (12.50%) T-SQL
Quality Assurance & Compliance
1 4 (16.67%) IFRS
1 4 (16.67%) IFRS 9
2 1 (4.17%) EMIR
2 1 (4.17%) MiFID
Systems Management
1 1 (4.17%) Control-M
Vendors
1 16 (66.67%) Oracle
2 6 (25.00%) Informatica
3 1 (4.17%) Microsoft
3 1 (4.17%) Tableau