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 29 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.

Capital Requirements Directive IV (CDR 4)
UK
3 months to
29 Jun 2017
Same period 2016 Same period 2015
Rank 612 640 633
Rank change year-on-year +28 -7  
Contract jobs citing CRD IV 2 9 11
As % of all contract IT jobs advertised in the UK 0.004% 0.017% 0.020%
As % of the Quality Assurance & Compliance category 0.037% 0.14% 0.17%
Number of daily rates quoted 2 7 8
UK median daily rate £725 £675 £550
Median daily rate % change year-on-year +7.40% +22.72%  
10th Percentile £640 £593 £449
90th Percentile £810 £750 £615
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 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 5466 6225 6444
As % of all contract IT job vacancies advertised in the UK 11.60% 11.59% 11.50%
Number of daily rates quoted 4281 4782 4989
UK median daily rate £450 £415 £400
Median daily rate % change year-on-year +8.43% +3.75%  
10th Percentile £250 £238 £240
90th Percentile £638 £600 £600
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 237 264 236
UK median hourly rate £25.00 £27.81 £22.25
Median hourly rate % change year-on-year -10.10% +24.98%  
10th Percentile £12.00 £12.06 £11.25
90th Percentile £47.50 £48.75 £51.24
UK excluding London median hourly rate £24.00 £28.00 £21.55
% change year-on-year -14.28% +29.93%  

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 3 months to 29 June 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 3 months to 29 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 +20 1 £650 -3.70%
London -3 1 £650 -3.70%
Scotland - 1 £800 -
UK excluding London - 1 £800 -

For the 6 months to 29 June 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 (90.00%) Banking
2 5 (50.00%) Investment Banking
2 5 (50.00%) Finance
2 5 (50.00%) Basel III
3 3 (30.00%) Stakeholder Management
3 3 (30.00%) Foreign Exchange (FX)
3 3 (30.00%) Programme Management
3 3 (30.00%) Equities
3 3 (30.00%) IFRS
3 3 (30.00%) EMIR
4 2 (20.00%) Dodd-Frank
4 2 (20.00%) COREP
4 2 (20.00%) Credit Risk
4 2 (20.00%) Agile Software Development
4 2 (20.00%) GAAP
4 2 (20.00%) Data Management
4 2 (20.00%) CAD
4 2 (20.00%) PMP
4 2 (20.00%) PMI Certification
4 2 (20.00%) Financial Institution
5 1 (10.00%) Change Management
5 1 (10.00%) Risk Management
5 1 (10.00%) PRINCE2
5 1 (10.00%) PMI
5 1 (10.00%) Basel II
5 1 (10.00%) Retail
5 1 (10.00%) Retail Banking
5 1 (10.00%) Corporate Banking
5 1 (10.00%) Project Planning
5 1 (10.00%) Ontologies

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:

General
1 9 (90.00%) Banking
2 5 (50.00%) Finance
2 5 (50.00%) Investment Banking
3 2 (20.00%) Financial Institution
4 1 (10.00%) Corporate Banking
4 1 (10.00%) Retail
4 1 (10.00%) Retail Banking
Job Titles
1 4 (40.00%) Analyst
2 3 (30.00%) Project Manager
3 2 (20.00%) Business Analyst
3 2 (20.00%) Credit Analyst
3 2 (20.00%) Credit Risk Analyst
3 2 (20.00%) IT Manager
3 2 (20.00%) IT Project Manager
3 2 (20.00%) Report Analyst
3 2 (20.00%) Report Specialist
3 2 (20.00%) Risk Analyst
4 1 (10.00%) Banking Project Manager
4 1 (10.00%) Credit Risk Business Analyst
4 1 (10.00%) IT Risk Manager
4 1 (10.00%) Market Risk Analyst
4 1 (10.00%) Programme Manager
4 1 (10.00%) Regulatory Business Analyst
4 1 (10.00%) Report Manager
4 1 (10.00%) Risk Business Analyst
4 1 (10.00%) Risk Manager
4 1 (10.00%) Risk Project Manager
Miscellaneous
1 3 (30.00%) Equities
1 3 (30.00%) Foreign Exchange (FX)
2 2 (20.00%) Credit Risk
3 1 (10.00%) Market Risk
3 1 (10.00%) PMI
3 1 (10.00%) Virtual Team
Processes & Methodologies
1 3 (30.00%) Programme Management
1 3 (30.00%) Stakeholder Management
2 2 (20.00%) Agile Software Development
2 2 (20.00%) CAD
2 2 (20.00%) Data Management
3 1 (10.00%) Budget Control
3 1 (10.00%) Budgeting and Forecasting
3 1 (10.00%) Change Management
3 1 (10.00%) Monte Carlo Method
3 1 (10.00%) Ontologies
3 1 (10.00%) PRINCE2
3 1 (10.00%) Project Planning
3 1 (10.00%) Risk Management
3 1 (10.00%) Stakeholder Engagement
3 1 (10.00%) Stress Testing
Qualifications
1 2 (20.00%) PMI Certification
1 2 (20.00%) PMP
2 1 (10.00%) Degree
Quality Assurance & Compliance
1 5 (50.00%) Basel III
2 3 (30.00%) EMIR
2 3 (30.00%) IFRS
3 2 (20.00%) COREP
3 2 (20.00%) Dodd-Frank
3 2 (20.00%) GAAP
4 1 (10.00%) AIFMD
4 1 (10.00%) Basel II
4 1 (10.00%) Data Quality
4 1 (10.00%) MiFID
4 1 (10.00%) UCITS