Period
to 16 October 2018

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 16 October 2018 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
16 Oct 2018
Same period 2017 Same period 2016
Rank 879 856 856
Rank change year-on-year -23 0 -45
Contract jobs citing Basel III 21 20 44
As % of all contract IT jobs advertised in the UK 0.020% 0.020% 0.042%
As % of the Quality Assurance & Compliance category 0.19% 0.16% 0.36%
Number of daily rates quoted 10 14 31
UK median daily rate £485 £538 £525
Median daily rate % change year-on-year -9.77% +2.38% -11.58%
10th Percentile £404 £404 £413
90th Percentile £627 £643 £713
UK excluding London median daily rate - £413 £425
% change year-on-year - -2.94% -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 11,240 12,208 12,164
As % of all contract IT jobs advertised in the UK 10.90% 12.30% 11.49%
Number of daily rates quoted 7,120 8,008 7,879
UK median daily rate £450 £438 £413
Median daily rate % change year-on-year +2.86% +6.06% +3.13%
10th Percentile £250 £255 £225
90th Percentile £625 £626 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year - +6.67% -1.32%
Number of hourly rates quoted 398 365 442
UK median hourly rate £22.00 £20.00 £22.50
Median hourly rate % change year-on-year +10.00% -11.11% +4.41%
10th Percentile £11.25 £10.61 £10.50
90th Percentile £50.00 £47.65 £47.50
UK excluding London median hourly rate £22.00 £20.00 £25.00
% change year-on-year +10.00% -20.00% +16.01%

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 16 October 2018.

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 16 October 2018. 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 20 £485 -11.82% 1
London -10 20 £485 -11.82% 1
Scotland -17 1 - -
UK excluding London -32 1 - -

For the 6 months to 16 October 2018, 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 16 (76.19%) Finance
2 15 (71.43%) Banking
3 13 (61.90%) SQL
4 10 (47.62%) Investment Banking
4 10 (47.62%) Data Mapping
5 9 (42.86%) Business Analysis
5 9 (42.86%) Oracle Reports
5 9 (42.86%) Oracle
6 7 (33.33%) Kanban
6 7 (33.33%) Relational Database
6 7 (33.33%) Oracle Database
6 7 (33.33%) Risk Analysis
6 7 (33.33%) User Acceptance Testing
6 7 (33.33%) Agile Software Development
6 7 (33.33%) Front Office
6 7 (33.33%) Migration
6 7 (33.33%) Scrum
6 7 (33.33%) RDBMS
7 5 (23.81%) SQL Server Integration Services
8 4 (19.05%) Business Intelligence
8 4 (19.05%) SQL Server
8 4 (19.05%) T-SQL
9 3 (14.29%) Project Management
9 3 (14.29%) SQL Server Reporting Services
9 3 (14.29%) Credit Risk
9 3 (14.29%) IFRS
9 3 (14.29%) IFRS 9
10 2 (9.52%) SQL Server Analysis Services
10 2 (9.52%) Performance Tuning
10 2 (9.52%) ETL

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 1 (4.76%) Microsoft Office
Database & Business Intelligence
1 9 (42.86%) Oracle Reports
2 7 (33.33%) Oracle Database
2 7 (33.33%) RDBMS
2 7 (33.33%) Relational Database
3 5 (23.81%) SQL Server Integration Services
4 4 (19.05%) SQL Server
5 3 (14.29%) SQL Server Reporting Services
6 2 (9.52%) SQL Server Analysis Services
7 1 (4.76%) Data Warehouse
7 1 (4.76%) Power BI
7 1 (4.76%) QlikView
7 1 (4.76%) SQLPlus
Development Applications
1 1 (4.76%) Visual Studio
General
1 16 (76.19%) Finance
2 15 (71.43%) Banking
3 10 (47.62%) Investment Banking
4 7 (33.33%) Front Office
5 1 (4.76%) Retail Banking
Job Titles
1 11 (52.38%) Analyst
2 9 (42.86%) Financial Analyst
2 9 (42.86%) Risk Analyst
3 8 (38.10%) Business Analyst
3 8 (38.10%) Finance Business Analyst
3 8 (38.10%) Risk Business Analyst
4 6 (28.57%) Developer
5 5 (23.81%) Liquidity Business Analyst
6 4 (19.05%) SQL Developer
7 3 (14.29%) Business Finance Analyst
7 3 (14.29%) Data Business Analyst
8 2 (9.52%) Data Analyst
8 2 (9.52%) Programme Manager
8 2 (9.52%) Project Manager
9 1 (4.76%) Access Developer
9 1 (4.76%) IT Programme Manager
9 1 (4.76%) Report Analyst
9 1 (4.76%) Systems Test Analyst
9 1 (4.76%) Technical Manager
9 1 (4.76%) Test Analyst
Miscellaneous
1 3 (14.29%) Credit Risk
2 1 (4.76%) Analytical Skills
2 1 (4.76%) Computer Science
2 1 (4.76%) Fixed Income
2 1 (4.76%) Self-Motivation
Processes & Methodologies
1 10 (47.62%) Data Mapping
2 9 (42.86%) Business Analysis
3 7 (33.33%) Agile Software Development
3 7 (33.33%) Kanban
3 7 (33.33%) Migration
3 7 (33.33%) Risk Analysis
3 7 (33.33%) Scrum
3 7 (33.33%) User Acceptance Testing
4 4 (19.05%) Business Intelligence
5 3 (14.29%) Project Management
6 2 (9.52%) ETL
6 2 (9.52%) Performance Tuning
7 1 (4.76%) Cash Management
7 1 (4.76%) Complex ETL
7 1 (4.76%) Functional Testing
7 1 (4.76%) Integration Testing
7 1 (4.76%) Problem-Solving
7 1 (4.76%) Regression Testing
7 1 (4.76%) SDLC
7 1 (4.76%) Statistics
Programming Languages
1 13 (61.90%) SQL
2 4 (19.05%) T-SQL
Qualifications
1 1 (4.76%) Computer Science Degree
1 1 (4.76%) Degree
Quality Assurance & Compliance
1 3 (14.29%) IFRS
1 3 (14.29%) IFRS 9
2 1 (4.76%) COREP
2 1 (4.76%) CRD IV
Systems Management
1 1 (4.76%) Control-M
1 1 (4.76%) HP ALM
Vendors
1 9 (42.86%) Oracle
2 1 (4.76%) HP
2 1 (4.76%) Microsoft
2 1 (4.76%) Tableau