Period
to 23 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for CRD IV skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited CRD IV over the 6 months to 23 November 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.

Capital Requirements Directive IV (CDR 4)
UK
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 878 878 864
Rank change year-on-year 0 -14 +18
Contract jobs citing CRD IV 9 13 31
As % of all contract IT jobs advertised in the UK 0.009% 0.012% 0.027%
As % of the Quality Assurance & Compliance category 0.069% 0.11% 0.23%
Number of daily rates quoted 9 5 24
UK median daily rate £600 £600 £550
Median daily rate % change year-on-year - +9.09% +10.00%
10th Percentile £520 £514 £401
90th Percentile £725 £750 £634
UK excluding London median daily rate £800 - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

CRD IV 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 13132 11937 13459
As % of all contract IT jobs advertised in the UK 12.74% 11.34% 11.84%
Number of daily rates quoted 8585 7781 8508
UK median daily rate £440 £425 £407
Median daily rate % change year-on-year +3.53% +4.42% +1.75%
10th Percentile £256 £225 £230
90th Percentile £638 £600 £588
UK excluding London median daily rate £400 £390 £388
% change year-on-year +2.56% +0.65% +6.90%
Number of hourly rates quoted 381 424 477
UK median hourly rate £20.00 £22.84 £22.50
Median hourly rate % change year-on-year -12.42% +1.49% +18.42%
10th Percentile £11.25 £10.82 £11.61
90th Percentile £50.00 £46.53 £51.27
UK excluding London median hourly rate £20.25 £25.00 £22.38
% change year-on-year -19.00% +11.73% +14.74%

CRD IV
Job Vacancy Trend

Job postings citing CRD IV as a percentage of all IT jobs advertised.

Job vacancy trend for CRD IV in the UK

CRD IV
Contractor Daily Rate Trend

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

Contractor daily rate trend for CRD IV in the UK

CRD IV
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing CRD IV over the 6 months to 23 November 2017.

Contractor daily rate histogram for CRD IV in the UK

CRD IV
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 CRD IV within the UK over the 6 months to 23 November 2017. 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 +12 8 £581 -3.13% 1
London -20 8 £581 -3.13% 1
UK excluding London +36 1 £800 -
Scotland -1 1 £800 -

For the 6 months to 23 November 2017, IT contractor jobs citing CRD IV 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 CRD IV.

1 8 (88.89%) Finance
2 7 (77.78%) Banking
2 7 (77.78%) Basel III
3 6 (66.67%) Stakeholder Management
4 4 (44.44%) Project Management
4 4 (44.44%) Investment Banking
4 4 (44.44%) Business Analysis
5 3 (33.33%) Credit Risk
5 3 (33.33%) Stress Testing
5 3 (33.33%) Migration
6 2 (22.22%) Data Analysis
6 2 (22.22%) Programme Management
6 2 (22.22%) Basel II
6 2 (22.22%) PL/SQL
6 2 (22.22%) SQL
6 2 (22.22%) Oracle
6 2 (22.22%) SQL Server
6 2 (22.22%) Microsoft Excel
6 2 (22.22%) Regulatory Compliance
6 2 (22.22%) IT Strategy
6 2 (22.22%) Translating Business Requirements
6 2 (22.22%) Security Testing
6 2 (22.22%) COREP
6 2 (22.22%) Market Risk
6 2 (22.22%) JIRA
7 1 (11.11%) Retail Banking
7 1 (11.11%) Degree
7 1 (11.11%) FINREP
7 1 (11.11%) Data Quality
7 1 (11.11%) Budget Control

CRD IV
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 2 (22.22%) Microsoft Excel
Database & Business Intelligence
1 2 (22.22%) SQL Server
Development Applications
1 2 (22.22%) JIRA
General
1 8 (88.89%) Finance
2 7 (77.78%) Banking
3 4 (44.44%) Investment Banking
4 1 (11.11%) Financial Institution
4 1 (11.11%) Retail
4 1 (11.11%) Retail Banking
4 1 (11.11%) Retail Finance
Job Titles
1 5 (55.56%) Project Manager
2 4 (44.44%) Analyst
2 4 (44.44%) Business Analyst
3 3 (33.33%) Finance Manager
3 3 (33.33%) Finance Project Manager
4 2 (22.22%) Programme Manager
4 2 (22.22%) Report Manager
5 1 (11.11%) Business Finance Analyst
5 1 (11.11%) Business IT Analyst
5 1 (11.11%) Change Manager
5 1 (11.11%) Financial Analyst
5 1 (11.11%) Investment Banking Business Analyst
5 1 (11.11%) Project Analyst
5 1 (11.11%) Project Change Manager
5 1 (11.11%) Regulatory Business Analyst
5 1 (11.11%) Regulatory Reporting Business Analyst
5 1 (11.11%) Report Analyst
5 1 (11.11%) Senior Manager
5 1 (11.11%) Senior Programme Manager
5 1 (11.11%) Senior Project Manager
Miscellaneous
1 3 (33.33%) Credit Risk
2 2 (22.22%) Market Risk
3 1 (11.11%) PMI
Processes & Methodologies
1 6 (66.67%) Stakeholder Management
2 4 (44.44%) Business Analysis
2 4 (44.44%) Project Management
3 3 (33.33%) Migration
3 3 (33.33%) Stress Testing
4 2 (22.22%) Data Analysis
4 2 (22.22%) IT Strategy
4 2 (22.22%) Programme Management
4 2 (22.22%) Regulatory Compliance
4 2 (22.22%) Security Testing
4 2 (22.22%) Translating Business Requirements
5 1 (11.11%) Agile Software Development
5 1 (11.11%) Budget Control
5 1 (11.11%) CAD
5 1 (11.11%) Change Management
5 1 (11.11%) Credit Risk Modelling
5 1 (11.11%) Data Lineage
5 1 (11.11%) PRINCE2
5 1 (11.11%) Stakeholder Engagement
5 1 (11.11%) Validation
Programming Languages
1 2 (22.22%) PL/SQL
1 2 (22.22%) SQL
Qualifications
1 1 (11.11%) Degree
1 1 (11.11%) PMI Certification
1 1 (11.11%) PMP
Quality Assurance & Compliance
1 7 (77.78%) Basel III
2 2 (22.22%) Basel II
2 2 (22.22%) COREP
3 1 (11.11%) Data Quality
3 1 (11.11%) FINREP
3 1 (11.11%) IFRS
3 1 (11.11%) IFRS 9
Vendors
1 2 (22.22%) Oracle