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 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
Capital Requirements Directive IV (CDR 4)
UK
Rank 585 637 617
Rank change year-on-year +52 -20  
Contract jobs citing CRD IV 8 7 7
As % of all contract IT jobs advertised in the UK 0.018% 0.013% 0.013%
As % of the Quality Assurance & Compliance category 0.15% 0.12% 0.11%
Number of daily rates quoted 5 7 3
Median daily rate £550 £550 £550
90% offered a daily rate of more than £435 £455 £410
10% offered a daily rate of more than £679 £615 £570
UK excluding London median daily rate £425 £425 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

CRD IV 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%  

CRD IV
Job Vacancy Trend

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

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 3 months to 25 March 2017.

Contractor daily rate histogram for CRD IV in the UK

CRD IV
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 CRD IV 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 +35 7 £580 +3.11%
England +30 7 £580 +5.45%
City of London +6 3 £668 +21.36%
Scotland - 1 £425 -
Edinburgh - 1 £425 -

CRD IV
Top 30 Related IT Skills

For the 6 months to 25 March 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 9 (60.00%) Banking
1 9 (60.00%) Basel III
2 6 (40.00%) Agile Software Development
2 6 (40.00%) Finance
3 5 (33.33%) C#
3 5 (33.33%) SQL
3 5 (33.33%) T-SQL
3 5 (33.33%) .NET
3 5 (33.33%) SQL Server
3 5 (33.33%) MS Excel
3 5 (33.33%) Confluence
3 5 (33.33%) LINQ
3 5 (33.33%) .NET Framework
3 5 (33.33%) JIRA
3 5 (33.33%) WCF
3 5 (33.33%) WPF
4 4 (26.67%) Degree
4 4 (26.67%) Unit Testing
4 4 (26.67%) Git (software)
4 4 (26.67%) Subversion
4 4 (26.67%) Investment Banking
4 4 (26.67%) Business Analysis
4 4 (26.67%) Stakeholder Management
4 4 (26.67%) Risk Management
4 4 (26.67%) OO
4 4 (26.67%) Analytical Skills
4 4 (26.67%) Qlik Sense
5 3 (20.00%) EMIR
5 3 (20.00%) Change Management
5 3 (20.00%) Front Office

CRD IV
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 (33.33%) Confluence
Applications
1 5 (33.33%) MS Excel
Database & Business Intelligence
1 5 (33.33%) SQL Server
2 4 (26.67%) Qlik Sense
3 2 (13.33%) QlikView
4 1 (6.67%) Data Warehouse
4 1 (6.67%) SQL Server Integration Services
4 1 (6.67%) SQL Server Reporting Services
Development Applications
1 5 (33.33%) JIRA
2 4 (26.67%) Git (software)
2 4 (26.67%) Subversion
General
1 9 (60.00%) Banking
2 6 (40.00%) Finance
3 4 (26.67%) Investment Banking
4 3 (20.00%) Front Office
5 1 (6.67%) Corporate Banking
Job Titles
1 6 (40.00%) Developer
2 5 (33.33%) Analyst
2 5 (33.33%) SQL Developer
3 4 (26.67%) C# Developer
4 3 (20.00%) Business Analyst
4 3 (20.00%) C# Pricing Developer
4 3 (20.00%) Credit Analyst
4 3 (20.00%) Credit Risk Analyst
4 3 (20.00%) Risk Analyst
5 2 (13.33%) Credit Risk Business Analyst
5 2 (13.33%) Project Manager
5 2 (13.33%) QlikView Developer
5 2 (13.33%) Report Analyst
5 2 (13.33%) Risk Business Analyst
6 1 (6.67%) Data Warehouse Developer
6 1 (6.67%) IT Manager
6 1 (6.67%) IT Project Manager
6 1 (6.67%) Market Risk Analyst
6 1 (6.67%) Regulatory Business Analyst
6 1 (6.67%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 5 (33.33%) .NET
1 5 (33.33%) .NET Framework
1 5 (33.33%) LINQ
1 5 (33.33%) WCF
1 5 (33.33%) WPF
Miscellaneous
1 4 (26.67%) Analytical Skills
2 3 (20.00%) Credit Risk
3 2 (13.33%) Equities
3 2 (13.33%) Foreign Exchange (FX)
4 1 (6.67%) Derivative
4 1 (6.67%) OTC Derivatives
4 1 (6.67%) PMI
Processes & Methodologies
1 6 (40.00%) Agile Software Development
2 4 (26.67%) Business Analysis
2 4 (26.67%) OO
2 4 (26.67%) Risk Management
2 4 (26.67%) Stakeholder Management
2 4 (26.67%) Unit Testing
3 3 (20.00%) Change Management
3 3 (20.00%) Stress Testing
4 2 (13.33%) Monte Carlo Method
4 2 (13.33%) Programme Management
5 1 (6.67%) Analytics
5 1 (6.67%) Budgeting and Forecasting
5 1 (6.67%) Business Continuity
5 1 (6.67%) CAD
5 1 (6.67%) Data Management
5 1 (6.67%) Ontologies
5 1 (6.67%) Performance Tuning
5 1 (6.67%) PRINCE2
5 1 (6.67%) Project Management
5 1 (6.67%) Test Planning
Programming Languages
1 5 (33.33%) C#
1 5 (33.33%) SQL
1 5 (33.33%) T-SQL
Qualifications
1 4 (26.67%) Degree
2 2 (13.33%) PMI Certification
2 2 (13.33%) PMP
3 1 (6.67%) CISA
3 1 (6.67%) CISM
3 1 (6.67%) CISSP
3 1 (6.67%) QiCA
Quality Assurance & Compliance
1 9 (60.00%) Basel III
2 3 (20.00%) EMIR
2 3 (20.00%) QA
3 2 (13.33%) Dodd-Frank
3 2 (13.33%) IFRS
3 2 (13.33%) MiFID
4 1 (6.67%) AIFMD
4 1 (6.67%) Basel II
4 1 (6.67%) COREP
4 1 (6.67%) GAAP
4 1 (6.67%) UCITS