The following table provides summary statistics for contract job vacancies with a requirement for COREP skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited COREP over the 3 months to 28 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.

Common Reporting (COREP)
UK
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 599 634 618
Rank change year-on-year +35 -16  
Contract jobs citing COREP 11 17 27
As % of all contract IT jobs advertised in the UK 0.023% 0.032% 0.049%
As % of the Quality Assurance & Compliance category 0.20% 0.27% 0.43%
Number of daily rates quoted 9 13 23
Median daily rate £550 £675 £550
Median daily rate % change year-on-year -18.51% +22.72%  
90% offered a daily rate of more than £495 £436 £350
10% offered a daily rate of more than £615 £740 £638
UK excluding London median daily rate £275 £403 £563
% change year-on-year -31.67% -28.44%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

COREP 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 5495 6228 6328
As % of all contract IT job vacancies advertised in the UK 11.67% 11.56% 11.47%
Number of daily rates quoted 3540 4025 4084
Median daily rate £450 £415 £400
Median daily rate % change year-on-year +8.43% +3.75%  
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 192 216 197
Median hourly rate £25.06 £28.00 £22.00
Median hourly rate % change year-on-year -10.50% +27.27%  
90% offered a hourly rate of more than £12.36 £12.29 £12.35
10% offered a hourly rate of more than £47.00 £47.50 £51.30
UK excluding London median hourly rate £25.00 £28.00 £21.78
% change year-on-year -10.71% +28.58%  

COREP
Job Vacancy Trend

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

Job vacancy trend for COREP in the UK

COREP
Contractor Daily Rate Trend

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

Contractor daily rate trend for COREP in the UK

COREP
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing COREP over the 3 months to 28 June 2017.

Contractor daily rate histogram for COREP in the UK

COREP
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 COREP within the UK over the 3 months to 28 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 +30 8 £575 -14.81% 3
London +6 8 £575 -14.81% 3
City of London 0 3 £615 +1.44% 1
Edinburgh - 2 £275 -
Scotland - 2 £275 -

For the 6 months to 28 June 2017, IT contractor jobs citing COREP 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 COREP.

1 12 (85.71%) Finance
2 7 (50.00%) Banking
3 6 (42.86%) FINREP
4 5 (35.71%) Unix
4 5 (35.71%) Oracle
4 5 (35.71%) XBRL
4 5 (35.71%) Investment Banking
5 4 (28.57%) Linux
5 4 (28.57%) Market Risk
6 3 (21.43%) Basel III
6 3 (21.43%) IFRS
6 3 (21.43%) Stakeholder Management
7 2 (14.29%) Equities
7 2 (14.29%) Agile Software Development
7 2 (14.29%) Business Analysis
7 2 (14.29%) Foreign Exchange (FX)
7 2 (14.29%) GAAP
7 2 (14.29%) CRD IV
8 1 (7.14%) SDLC
8 1 (7.14%) Coaching
8 1 (7.14%) Analytical Skills
8 1 (7.14%) Data Quality
8 1 (7.14%) Root Cause Analysis
8 1 (7.14%) Oracle Database
8 1 (7.14%) Stress Testing
8 1 (7.14%) Test Scripting
8 1 (7.14%) Hadoop
8 1 (7.14%) Retail
8 1 (7.14%) Data Analysis
8 1 (7.14%) IFRS 9

COREP
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:

Database & Business Intelligence
1 1 (7.14%) Data Lake
1 1 (7.14%) Data Warehouse
1 1 (7.14%) Hadoop
1 1 (7.14%) Oracle Database
1 1 (7.14%) PowerCenter
General
1 12 (85.71%) Finance
2 7 (50.00%) Banking
3 5 (35.71%) Investment Banking
4 1 (7.14%) Retail
Job Titles
1 6 (42.86%) Analyst
2 5 (35.71%) Developer
3 4 (28.57%) Business Analyst
3 4 (28.57%) Senior Developer
4 3 (21.43%) Regulatory Business Analyst
5 2 (14.29%) Report Specialist
6 1 (7.14%) Banking Analyst
6 1 (7.14%) Financial Analyst
6 1 (7.14%) Project Leader
6 1 (7.14%) Report Analyst
6 1 (7.14%) Scrum Master
6 1 (7.14%) Senior Analyst
6 1 (7.14%) Senior Financial Analyst
6 1 (7.14%) Senior Reporting Analyst
6 1 (7.14%) Senior Solutions Analyst
6 1 (7.14%) Solutions Analyst
6 1 (7.14%) Test Analyst
Libraries, Frameworks & Software Standards
1 5 (35.71%) XBRL
Miscellaneous
1 4 (28.57%) Market Risk
2 2 (14.29%) Equities
2 2 (14.29%) Foreign Exchange (FX)
3 1 (7.14%) Analytical Skills
3 1 (7.14%) Computer Science
3 1 (7.14%) Credit Risk
Operating Systems
1 5 (35.71%) Unix
2 4 (28.57%) Linux
Processes & Methodologies
1 3 (21.43%) Stakeholder Management
2 2 (14.29%) Agile Software Development
2 2 (14.29%) Business Analysis
3 1 (7.14%) Coaching
3 1 (7.14%) Cost-Benefit Analysis
3 1 (7.14%) Data Analysis
3 1 (7.14%) Data Lineage
3 1 (7.14%) ETL
3 1 (7.14%) Regulatory Compliance
3 1 (7.14%) Root Cause Analysis
3 1 (7.14%) Scrum
3 1 (7.14%) SDLC
3 1 (7.14%) Stress Testing
3 1 (7.14%) Test Scripting
Programming Languages
1 1 (7.14%) Java
1 1 (7.14%) Shell Script
Qualifications
1 1 (7.14%) Computer Science Degree
1 1 (7.14%) Degree
Quality Assurance & Compliance
1 6 (42.86%) FINREP
2 3 (21.43%) Basel III
2 3 (21.43%) IFRS
3 2 (14.29%) CRD IV
3 2 (14.29%) GAAP
4 1 (7.14%) Basel II
4 1 (7.14%) Data Quality
4 1 (7.14%) IFRS 9
Vendors
1 5 (35.71%) Oracle
2 1 (7.14%) Informatica
2 1 (7.14%) Sybase
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 5 days ago