The following table provides summary statistics for contract job vacancies with a requirement for FATCA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FATCA over the 3 months to 24 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
24 Mar 2017
Same period 2016 Same period 2015
Foreign Account Tax Compliance Act (FATCA)
UK
Rank 574 596 541
Rank change year-on-year +22 -55  
Contract jobs citing FATCA 22 46 80
As % of all contract IT jobs advertised in the UK 0.049% 0.087% 0.15%
As % of the Quality Assurance & Compliance category 0.42% 0.77% 1.28%
Number of daily rates quoted 17 33 57
Median daily rate £450 £430 £550
Median daily rate % change year-on-year +4.65% -21.81%  
90% offered a daily rate of more than £356 £325 £400
10% offered a daily rate of more than £580 £650 £700
UK excluding London median daily rate £450 £338 £419
% change year-on-year +33.33% -19.40%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

FATCA 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 5286 5939 6240
As % of all contract IT job vacancies advertised in the UK 11.67% 11.21% 11.86%
Number of daily rates quoted 3459 3779 3778
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 £588 £585
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.89%  
Number of hourly rates quoted 162 199 175
Median hourly rate £19.95 £39.00 £25.00
Median hourly rate % change year-on-year -48.84% +56.00%  
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 £49.50
UK excluding London median hourly rate £19.45 £41.00 £26.00
% change year-on-year -52.56% +57.69%  

FATCA
Job Vacancy Trend

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

Job vacancy trend for FATCA in the UK

FATCA
Contractor Daily Rate Trend

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

Contractor daily rate trend for FATCA in the UK

FATCA
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing FATCA over the 3 months to 24 March 2017.

Contractor daily rate histogram for FATCA in the UK

FATCA
Top 15 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FATCA within the UK over the 3 months to 24 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
England +9 20 £450 -0.55% 4
London +9 16 £450 -10.00% 3
City of London +3 4 £450 -10.00% 2
Yorkshire +9 2 - - 1
Canary Wharf -3 2 £450 -24.21%
South East +25 1 £425 +30.76%
Scotland +20 1 £170 -57.50% 1
Sheffield 0 1 - -
South Yorkshire -6 1 - -
East Midlands - 1 £475 -
Surrey - 1 £425 -
Northamptonshire - 1 £475 -
Staines - 1 £425 -
Northampton - 1 £475 -
Glasgow - 1 £170 -

FATCA
Top 30 Related IT Skills

For the 6 months to 24 March 2017, IT contractor jobs citing FATCA 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 FATCA.

1 64 (70.33%) Banking
2 56 (61.54%) Finance
3 30 (32.97%) Agile Software Development
4 29 (31.87%) Scrum
4 29 (31.87%) KYC
5 28 (30.77%) Business Analysis
6 26 (28.57%) Java
7 25 (27.47%) Degree
8 24 (26.37%) MiFID
8 24 (26.37%) Investment Banking
8 24 (26.37%) Jenkins
9 23 (25.27%) Refactoring
9 23 (25.27%) Linux
10 22 (24.18%) JMS
10 22 (24.18%) SOAP
10 22 (24.18%) Web Services
10 22 (24.18%) Unix
10 22 (24.18%) Shell Script
10 22 (24.18%) Korn
10 22 (24.18%) Stakeholder Management
10 22 (24.18%) TDD
10 22 (24.18%) Solace
10 22 (24.18%) TeamCity
10 22 (24.18%) Git (software)
10 22 (24.18%) BDD
10 22 (24.18%) REST
11 21 (23.08%) JIRA
11 21 (23.08%) Maven
11 21 (23.08%) SQL
12 20 (21.98%) JUnit

FATCA
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 2 (2.20%) Apache Spark
1 2 (2.20%) WebSphere
Applications
1 2 (2.20%) MS PowerPoint
1 2 (2.20%) MS Visio
2 1 (1.10%) MS Excel
2 1 (1.10%) MS Project
Business Applications
1 1 (1.10%) Global One
1 1 (1.10%) Loan IQ
Communications & Networking
1 2 (2.20%) Internet
2 1 (1.10%) HTTP
Database & Business Intelligence
1 10 (10.99%) Big Data
2 9 (9.89%) MongoDB
3 6 (6.59%) Redis
4 2 (2.20%) Flink
4 2 (2.20%) Hadoop
4 2 (2.20%) NoSQL
4 2 (2.20%) RDBMS
4 2 (2.20%) Relational Database
4 2 (2.20%) SQL Server Integration Services
5 1 (1.10%) Data Warehouse
Development Applications
1 24 (26.37%) Jenkins
2 22 (24.18%) Git (software)
2 22 (24.18%) TeamCity
3 21 (23.08%) JIRA
3 21 (23.08%) Maven
4 20 (21.98%) JUnit
4 20 (21.98%) Mockito
4 20 (21.98%) Spock
5 16 (17.58%) Gradle
6 2 (2.20%) Selenium
6 2 (2.20%) Sonatype Nexus
General
1 64 (70.33%) Banking
2 56 (61.54%) Finance
3 24 (26.37%) Investment Banking
4 6 (6.59%) Back Office
4 6 (6.59%) Retail
5 5 (5.49%) Legal
6 3 (3.30%) Private Banking
6 3 (3.30%) Retail Banking
7 2 (2.20%) Financial Institution
7 2 (2.20%) Front Office
8 1 (1.10%) Advertising
8 1 (1.10%) French Language
8 1 (1.10%) General Ledger
8 1 (1.10%) German Language
Job Titles
1 26 (28.57%) Business Analyst
2 25 (27.47%) Analyst
3 22 (24.18%) Developer
4 17 (18.68%) Architect
5 15 (16.48%) Java Developer
5 15 (16.48%) Project Manager
6 14 (15.38%) Data Architect
7 10 (10.99%) Senior Developer
8 8 (8.79%) Data Business Analyst
9 7 (7.69%) Regulatory Business Analyst
9 7 (7.69%) Senior Business Analyst
9 7 (7.69%) UI Developer
10 5 (5.49%) Consultant
10 5 (5.49%) Product Consultant
10 5 (5.49%) Senior Analyst
10 5 (5.49%) Senior Java Developer
10 5 (5.49%) Web Developer
11 4 (4.40%) Angular Developer
11 4 (4.40%) Onboarding Analyst
11 4 (4.40%) Senior UI Developer
Libraries, Frameworks & Software Standards
1 22 (24.18%) JMS
1 22 (24.18%) REST
1 22 (24.18%) SOAP
1 22 (24.18%) Web Services
2 20 (21.98%) Gherkin
2 20 (21.98%) Hibernate
2 20 (21.98%) JDBC
2 20 (21.98%) jQuery
2 20 (21.98%) Node.js
3 18 (19.78%) Spring
4 17 (18.68%) HTML
5 16 (17.58%) CSS
5 16 (17.58%) CSS3
5 16 (17.58%) HTML5
6 15 (16.48%) JSON
6 15 (16.48%) XML
6 15 (16.48%) XSD
6 15 (16.48%) XSLT
7 14 (15.38%) AngularJS
7 14 (15.38%) Meteor
Miscellaneous
1 20 (21.98%) Reference Data
2 14 (15.38%) Foreign Exchange (FX)
3 13 (14.29%) User Experience
4 5 (5.49%) Analytical Skills
4 5 (5.49%) Derivative
4 5 (5.49%) Fintech
5 2 (2.20%) Equities
5 2 (2.20%) Fixed Income
6 1 (1.10%) Credit Risk
6 1 (1.10%) Hedge funds
6 1 (1.10%) Management Information System
6 1 (1.10%) Market Risk
6 1 (1.10%) SWIFT
Operating Systems
1 23 (25.27%) Linux
2 22 (24.18%) Unix
3 1 (1.10%) Red Hat Enterprise Linux
Processes & Methodologies
1 30 (32.97%) Agile Software Development
2 29 (31.87%) KYC
2 29 (31.87%) Scrum
3 28 (30.77%) Business Analysis
4 23 (25.27%) Refactoring
5 22 (24.18%) BDD
5 22 (24.18%) Stakeholder Management
5 22 (24.18%) TDD
6 16 (17.58%) Data Modelling
6 16 (17.58%) Project Management
7 13 (14.29%) Analytics
7 13 (14.29%) Client Onboarding
8 11 (12.09%) Anti-Money Laundering
9 10 (10.99%) Data Architecture
9 10 (10.99%) Data Governance
9 10 (10.99%) Investment Management
10 9 (9.89%) SDLC
10 9 (9.89%) Target Operating Model
11 8 (8.79%) Data Management
11 8 (8.79%) Matrix Organization
Programming Languages
1 26 (28.57%) Java
2 22 (24.18%) Korn
2 22 (24.18%) Shell Script
3 21 (23.08%) SQL
4 18 (19.78%) JavaScript
5 15 (16.48%) XPath
6 6 (6.59%) ECMAScript
6 6 (6.59%) ES6
7 3 (3.30%) PL/SQL
8 1 (1.10%) Bash Shell
8 1 (1.10%) C
8 1 (1.10%) Python
8 1 (1.10%) Ruby
Qualifications
1 25 (27.47%) Degree
2 1 (1.10%) ISEB
2 1 (1.10%) ISEB Practitioner
2 1 (1.10%) ISTQB
2 1 (1.10%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 24 (26.37%) MiFID
2 19 (20.88%) EMIR
3 15 (16.48%) Dodd-Frank
4 1 (1.10%) AIFMD
4 1 (1.10%) Basel II
4 1 (1.10%) IFRS
4 1 (1.10%) IFRS 9
4 1 (1.10%) PMO
4 1 (1.10%) QA
4 1 (1.10%) SEPA
4 1 (1.10%) Solvency II
System Software
1 2 (2.20%) Docker
Systems Management
1 1 (1.10%) Ansible
1 1 (1.10%) Puppet
Vendors
1 22 (24.18%) Solace
2 10 (10.99%) MuleSoft
3 3 (3.30%) Oracle
4 2 (2.20%) Black Duck
5 1 (1.10%) Microsoft
5 1 (1.10%) Murex
5 1 (1.10%) Red Hat
5 1 (1.10%) Wallstreet Suite
Edinburgh, Midlothian
Hydrogen Group
Rate: £400.00 - £500.00 per day
Posted: 11 hours ago