The median contractor rate for a IT Risk Analyst was £500 per day in advertised job vacancies during the 3 months to 23 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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
23 Mar 2017
Same period 2016 Same period 2015
IT Risk Analyst
UK
Rank 580 597 567
Rank change year-on-year +17 -30  
Contract jobs requiring an IT Risk Analyst 19 31 54
As % of all contract IT jobs advertised in the UK 0.042% 0.059% 0.10%
As % of the Job Titles category 0.045% 0.062% 0.11%
Number of daily rates quoted 16 19 38
Median daily rate £500 £550 £550
Median daily rate % change year-on-year -9.09% -  
90% offered a daily rate of more than £330 £387 £432
10% offered a daily rate of more than £700 £605 £750
UK excluding London median daily rate £450 £395 £400
% change year-on-year +13.92% -1.25%  
Number of hourly rates quoted 1 0 0
Median hourly rate £55.00 - -
UK excluding London median hourly rate £55.00 - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
UK
Contract job vacancies with a job title containing a recognized job role 42403 50275 49651
As % of all contract IT job vacancies advertised in the UK 94.81% 95.18% 94.82%
Number of daily rates quoted 27453 32530 30008
Median daily rate £425 £425 £400
Median daily rate % change year-on-year - +6.25%  
90% offered a daily rate of more than £260 £260 £238
10% offered a daily rate of more than £600 £600 £551
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1493 1573 1955
Median hourly rate £18.00 £18.75 £17.50
Median hourly rate % change year-on-year -4.00% +7.14%  
90% offered a hourly rate of more than £11.25 £11.30 £11.00
10% offered a hourly rate of more than £47.50 £48.00 £42.50
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

IT Risk Analyst
Job Vacancy Trend

The job posting trend of jobs advertised that featured IT Risk Analyst in the job title.

Job vacancy trend for IT Risk Analyst in the UK

IT Risk Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for IT Risk Analyst in the UK

IT Risk Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing IT Risk Analyst over the 3 months to 23 March 2017.

Contractor daily rate histogram for IT Risk Analyst in the UK

IT Risk Analyst
Top 16 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IT Risk Analyst within the UK over the 3 months to 23 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 +29 19 £500 -14.71% 3
London +6 10 £600 +2.12% 3
South East - 6 £450 -
City of London +7 4 £478 -6.82% 2
Surrey - 4 £463 -
North West +21 2 £300 -
Guildford - 2 £500 -
Manchester +18 1 £300 -
Milton Keynes - 1 £300 -
Reading - 1 - -
Warwick - 1 £438 -
Berkshire - 1 - -
Buckinghamshire - 1 £300 -
Cheshire - 1 - -
West Midlands - 1 £438 -
Warwickshire - 1 £438 -

IT Risk Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 23 March 2017, IT Risk Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring IT Risk Analyst in the job title.

1 21 (46.67%) Risk Management
2 19 (42.22%) Banking
3 15 (33.33%) Agile Software Development
4 13 (28.89%) Investment Banking
5 12 (26.67%) Finance
6 11 (24.44%) Data Analysis
7 10 (22.22%) Credit Risk
8 9 (20.00%) Market Risk
8 9 (20.00%) Front Office
8 9 (20.00%) Microsoft
8 9 (20.00%) SQL
9 8 (17.78%) MS Office
9 8 (17.78%) Analytical Skills
10 6 (13.33%) CRISC
10 6 (13.33%) CGEIT
10 6 (13.33%) IT Governance
10 6 (13.33%) Business Analysis
10 6 (13.33%) MS PowerPoint
10 6 (13.33%) Derivative
10 6 (13.33%) MS Excel
10 6 (13.33%) Migration
10 6 (13.33%) Stakeholder Management
11 5 (11.11%) ITIL
11 5 (11.11%) PRINCE2
11 5 (11.11%) ISO/IEC 27001
11 5 (11.11%) Degree
11 5 (11.11%) JIRA
11 5 (11.11%) Continuous Improvement
11 5 (11.11%) Dodd-Frank
12 4 (8.89%) Cybersecurity

IT Risk Analyst Skill Set
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 (4.44%) Oracle Workflow
Applications
1 8 (17.78%) MS Office
2 6 (13.33%) MS Excel
2 6 (13.33%) MS PowerPoint
3 1 (2.22%) MS Visio
Business Applications
1 1 (2.22%) Adaptiv
Database & Business Intelligence
1 4 (8.89%) SQL Server
2 2 (4.44%) Data Warehouse
3 1 (2.22%) Big Data
3 1 (2.22%) Data Lake
Development Applications
1 5 (11.11%) JIRA
2 4 (8.89%) Team Foundation Server
3 2 (4.44%) Jenkins
3 2 (4.44%) Visual Studio
General
1 19 (42.22%) Banking
2 13 (28.89%) Investment Banking
3 12 (26.67%) Finance
4 9 (20.00%) Front Office
5 3 (6.67%) French Language
5 3 (6.67%) Pharmaceutical
6 1 (2.22%) Financial Institution
Libraries, Frameworks & Software Standards
1 2 (4.44%) Web Services
Miscellaneous
1 10 (22.22%) Credit Risk
2 9 (20.00%) Market Risk
3 8 (17.78%) Analytical Skills
4 6 (13.33%) Derivative
5 3 (6.67%) Data Centre
6 2 (4.44%) Equities
6 2 (4.44%) Equity Derivative
6 2 (4.44%) Fixed Income
6 2 (4.44%) Virtual Team
7 1 (2.22%) Foreign Exchange (FX)
7 1 (2.22%) Management Information System
Processes & Methodologies
1 21 (46.67%) Risk Management
2 15 (33.33%) Agile Software Development
3 11 (24.44%) Data Analysis
4 6 (13.33%) Business Analysis
4 6 (13.33%) IT Governance
4 6 (13.33%) Migration
4 6 (13.33%) Stakeholder Management
5 5 (11.11%) Continuous Improvement
5 5 (11.11%) ITIL
5 5 (11.11%) PRINCE2
6 4 (8.89%) Collateral Management
6 4 (8.89%) Credit Risk Management
6 4 (8.89%) Cybersecurity
6 4 (8.89%) Risk Assessment
6 4 (8.89%) Workflow
7 3 (6.67%) Analytics
7 3 (6.67%) ERP
7 3 (6.67%) Scrum
8 2 (4.44%) Performance Monitoring
8 2 (4.44%) SDLC
Programming Languages
1 9 (20.00%) SQL
2 2 (4.44%) PowerShell
Qualifications
1 6 (13.33%) CGEIT
1 6 (13.33%) CRISC
2 5 (11.11%) Degree
3 1 (2.22%) CISA
3 1 (2.22%) CISSP
3 1 (2.22%) Security Cleared
Quality Assurance & Compliance
1 5 (11.11%) Dodd-Frank
1 5 (11.11%) ISO/IEC 27001
2 4 (8.89%) COBIT
3 3 (6.67%) GAMP
3 3 (6.67%) GxP
4 2 (4.44%) PMO
5 1 (2.22%) Data Quality
5 1 (2.22%) EMIR
5 1 (2.22%) MiFID
5 1 (2.22%) QA
5 1 (2.22%) Sarbanes-Oxley
Systems Management
1 2 (4.44%) Dollar Universe
Vendors
1 9 (20.00%) Microsoft
2 3 (6.67%) Oracle
2 3 (6.67%) SAP
3 1 (2.22%) Planview
3 1 (2.22%) Tableau
City, London
Harvey Nash plc
Rate: £450 - £500 per day + None
Posted: 3 days ago