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 March 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
Basel III
UK
Rank 576 628 590
Rank change year-on-year +52 -38  
Contract jobs citing Basel III 17 16 34
As % of all contract IT jobs advertised in the UK 0.038% 0.030% 0.064%
As % of the Quality Assurance & Compliance category 0.32% 0.27% 0.54%
Number of daily rates quoted 10 12 24
Median daily rate £525 £500 £500
Median daily rate % change year-on-year +5.00% -  
90% offered a daily rate of more than £402 £400 £325
10% offered a daily rate of more than £703 £573 £681
UK excluding London median daily rate £500 £500 £500
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 5281 5938 6277
As % of all contract IT job vacancies advertised in the UK 11.66% 11.16% 11.87%
Number of daily rates quoted 3458 3771 3799
Median daily rate £450 £420 £400
Median daily rate % change year-on-year +7.14% +5.00%  
90% offered a daily rate of more than £263 £250 £230
10% offered a daily rate of more than £618 £585 £595
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.89%  
Number of hourly rates quoted 162 200 175
Median hourly rate £19.95 £38.75 £25.00
Median hourly rate % change year-on-year -48.51% +55.00%  
90% offered a hourly rate of more than £11.00 £13.00 £11.50
10% offered a hourly rate of more than £52.50 £61.00 £55.00
UK excluding London median hourly rate £19.45 £41.00 £26.00
% change year-on-year -52.56% +57.69%  

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 March 2017.

Contractor daily rate histogram for Basel III in the UK

Basel III
Top 5 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 March 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
London +37 16 £550 +11.67% 2
England +30 16 £550 +10.00% 2
City of London +3 2 £564 +2.50%
Scotland - 1 £500 - 3
Glasgow - 1 £500 - 3

Basel III
Top 30 Related IT Skills

For the 6 months to 25 March 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 29 (72.50%) Banking
2 28 (70.00%) Finance
3 15 (37.50%) SQL
4 13 (32.50%) Business Analysis
5 12 (30.00%) Credit Risk
5 12 (30.00%) C#
6 11 (27.50%) Stakeholder Management
6 11 (27.50%) MiFID
6 11 (27.50%) Investment Banking
7 10 (25.00%) Change Management
8 9 (22.50%) MS Excel
8 9 (22.50%) CRD IV
8 9 (22.50%) Target Operating Model
9 8 (20.00%) Six Sigma
9 8 (20.00%) Front Office
9 8 (20.00%) Lean Six Sigma
9 8 (20.00%) Market Risk
10 7 (17.50%) Risk Management
10 7 (17.50%) Project Management
11 6 (15.00%) SQL Server
11 6 (15.00%) .NET
11 6 (15.00%) Agile Software Development
12 5 (12.50%) IFRS
12 5 (12.50%) Data Management
12 5 (12.50%) LINQ
12 5 (12.50%) Git (software)
12 5 (12.50%) Confluence
12 5 (12.50%) WCF
12 5 (12.50%) WPF
12 5 (12.50%) Risk Analysis

Basel III
Top Related 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 5 (12.50%) Confluence
Applications
1 9 (22.50%) MS Excel
2 4 (10.00%) MS Office
3 3 (7.50%) MS PowerPoint
3 3 (7.50%) MS Visio
Business Applications
1 1 (2.50%) SAP R/3
Database & Business Intelligence
1 6 (15.00%) SQL Server
2 4 (10.00%) Qlik Sense
3 2 (5.00%) Data Warehouse
3 2 (5.00%) Oracle Database
3 2 (5.00%) Oracle Database 12c
3 2 (5.00%) Oracle Reports
3 2 (5.00%) QlikView
3 2 (5.00%) SQL Server Integration Services
3 2 (5.00%) SQL Server Reporting Services
Development Applications
1 5 (12.50%) Git (software)
1 5 (12.50%) JIRA
2 4 (10.00%) Subversion
3 1 (2.50%) Bitbucket
General
1 29 (72.50%) Banking
2 28 (70.00%) Finance
3 11 (27.50%) Investment Banking
4 8 (20.00%) Front Office
5 4 (10.00%) Retail
6 2 (5.00%) Corporate Banking
6 2 (5.00%) Legal
6 2 (5.00%) Retail Banking
6 2 (5.00%) Telecoms
6 2 (5.00%) Wholesale Banking
7 1 (2.50%) Financial Institution
7 1 (2.50%) General Ledger
Job Titles
1 19 (47.50%) Analyst
2 18 (45.00%) Business Analyst
3 8 (20.00%) Developer
4 7 (17.50%) SQL Developer
5 6 (15.00%) Banking Analyst
5 6 (15.00%) Banking Business Analyst
5 6 (15.00%) Finance Business Analyst
5 6 (15.00%) Financial Analyst
6 5 (12.50%) C# Developer
7 4 (10.00%) Liquidity Business Analyst
7 4 (10.00%) Risk Analyst
7 4 (10.00%) Risk Business Analyst
8 3 (7.50%) C# Pricing Developer
8 3 (7.50%) Project Manager
8 3 (7.50%) Senior Analyst
8 3 (7.50%) Senior Business Analyst
9 2 (5.00%) IT Manager
9 2 (5.00%) IT Procurement Manager
9 2 (5.00%) Procurement Manager
9 2 (5.00%) Programme Manager
Libraries, Frameworks & Software Standards
1 6 (15.00%) .NET
2 5 (12.50%) .NET Framework
2 5 (12.50%) LINQ
2 5 (12.50%) WCF
2 5 (12.50%) WPF
3 3 (7.50%) XML
4 2 (5.00%) WinForms
5 1 (2.50%) ASP.NET
5 1 (2.50%) ASP.NET MVC
5 1 (2.50%) Oracle Fusion
5 1 (2.50%) XBRL
Miscellaneous
1 12 (30.00%) Credit Risk
2 8 (20.00%) Market Risk
3 4 (10.00%) Analytical Skills
3 4 (10.00%) Equities
4 3 (7.50%) Management Information System
5 2 (5.00%) Derivative
5 2 (5.00%) Fintech
5 2 (5.00%) Foreign Exchange (FX)
5 2 (5.00%) Reference Data
6 1 (2.50%) Hedge funds
6 1 (2.50%) OTC Derivatives
Processes & Methodologies
1 13 (32.50%) Business Analysis
2 11 (27.50%) Stakeholder Management
3 10 (25.00%) Change Management
4 9 (22.50%) Target Operating Model
5 8 (20.00%) Lean Six Sigma
5 8 (20.00%) Six Sigma
6 7 (17.50%) Project Management
6 7 (17.50%) Risk Management
7 6 (15.00%) Agile Software Development
8 5 (12.50%) Data Management
8 5 (12.50%) Risk Analysis
9 4 (10.00%) OO
9 4 (10.00%) Unit Testing
10 3 (7.50%) Data Modelling
10 3 (7.50%) Stress Testing
11 2 (5.00%) Mathematics
11 2 (5.00%) Physics
11 2 (5.00%) Quantitative Finance
11 2 (5.00%) SDLC
11 2 (5.00%) Use Case
Programming Languages
1 15 (37.50%) SQL
2 12 (30.00%) C#
3 5 (12.50%) T-SQL
4 1 (2.50%) PL/SQL
4 1 (2.50%) VB.NET
4 1 (2.50%) VBA
Qualifications
1 4 (10.00%) Degree
Quality Assurance & Compliance
1 11 (27.50%) MiFID
2 9 (22.50%) CRD IV
3 5 (12.50%) IFRS
4 3 (7.50%) IFRS 9
4 3 (7.50%) QA
5 2 (5.00%) Basel II
5 2 (5.00%) COREP
5 2 (5.00%) FINREP
5 2 (5.00%) PMO
5 2 (5.00%) Solvency II
6 1 (2.50%) Dodd-Frank
6 1 (2.50%) EMIR
6 1 (2.50%) GAAP
Systems Management
1 1 (2.50%) HP Quality Center
Vendors
1 5 (12.50%) Microsoft
2 4 (10.00%) JD Edwards
3 3 (7.50%) Oracle
4 1 (2.50%) Perforce
4 1 (2.50%) SAP
London
Joseph Harry Ltd
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London
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Rate: £500 - £600 per day
Posted: 3 days ago