Period
to 21 November 2017

The median contractor rate for an IT Risk Manager was £600 per day in advertised job vacancies during the 6 months to 21 November 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.

IT Risk Manager
UK
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 842 831 835
Rank change year-on-year -11 +4 -9
Contract jobs requiring an IT Risk Manager 35 50 53
As % of all contract IT jobs advertised in the UK 0.034% 0.048% 0.047%
As % of the Job Titles category 0.036% 0.050% 0.049%
Number of daily rates quoted 23 35 28
UK median daily rate £600 £500 £553
Median daily rate % change year-on-year +20.00% -9.50% +5.24%
10th Percentile £406 £400 £461
90th Percentile £825 £788 £725
UK excluding London median daily rate £413 £440 £480
% change year-on-year -6.25% -8.33% +20.00%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 97749 99240 107788
% of contract IT jobs with a recognized job title 94.79% 94.76% 94.90%
Number of daily rates quoted 64477 64699 68564
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.67% +3.45%
Number of hourly rates quoted 2920 3284 4118
UK median hourly rate £18.69 £18.03 £18.00
Median hourly rate % change year-on-year +3.66% +0.17% +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.50 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

IT Risk Manager
Job Vacancy Trend

Job postings that featured IT Risk Manager in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for IT Risk Manager in the UK

IT Risk Manager
Contractor Daily Rate Trend

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

Contractor daily rate trend for IT Risk Manager in the UK

IT Risk Manager
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing IT Risk Manager over the 6 months to 21 November 2017.

Contractor daily rate histogram for IT Risk Manager in the UK

IT Risk Manager
Top 7 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 Manager within the UK over the 6 months to 21 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 +3 34 £605 +21.00% 18
London -24 20 £645 +5.74% 4
UK excluding London +8 15 £413 -6.25% 15
North of England +47 10 £413 -8.33% 6
North West +20 10 £413 -5.17% 3
South East +3 4 £600 +36.36% 3
Scotland -8 1 £413 - 1

IT Risk Manager Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 21 November 2017, IT Risk Manager 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 Manager in the job title.

1 23 (65.71%) Finance
2 17 (48.57%) Risk Management
2 17 (48.57%) Banking
3 9 (25.71%) Market Risk
4 8 (22.86%) Project Management
4 8 (22.86%) Investment Banking
5 7 (20.00%) Information Security
6 6 (17.14%) Stakeholder Management
6 6 (17.14%) ITIL
7 5 (14.29%) CISSP
7 5 (14.29%) Business Continuity
7 5 (14.29%) Programme Management
7 5 (14.29%) Agile Software Development
7 5 (14.29%) Credit Risk
7 5 (14.29%) Risk Analysis
7 5 (14.29%) ISO/IEC 27001
8 4 (11.43%) Degree
8 4 (11.43%) COBIT
8 4 (11.43%) Stress Testing
8 4 (11.43%) Analytical Skills
8 4 (11.43%) Oracle
9 3 (8.57%) Microsoft Office
9 3 (8.57%) Management Information System
9 3 (8.57%) CISM
9 3 (8.57%) IT Strategy
9 3 (8.57%) QA
9 3 (8.57%) Project Planning
9 3 (8.57%) IT Governance
10 2 (5.71%) Cybersecurity
10 2 (5.71%) Business Continuity Planning

IT Risk Manager Skill Set
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 3 (8.57%) Microsoft Office
2 2 (5.71%) Microsoft Project
3 1 (2.86%) Microsoft Excel
3 1 (2.86%) MS Visio
Business Applications
1 2 (5.71%) Primavera
Communications & Networking
1 2 (5.71%) SMS
2 1 (2.86%) Firewall
2 1 (2.86%) Internet
Database & Business Intelligence
1 2 (5.71%) SQL Server
General
1 23 (65.71%) Finance
2 17 (48.57%) Banking
3 8 (22.86%) Investment Banking
4 2 (5.71%) Financial Institution
4 2 (5.71%) Front Office
5 1 (2.86%) Back Office
5 1 (2.86%) Retail
5 1 (2.86%) Retail Banking
5 1 (2.86%) Wholesale Banking
Miscellaneous
1 9 (25.71%) Market Risk
2 5 (14.29%) Credit Risk
3 4 (11.43%) Analytical Skills
4 3 (8.57%) Management Information System
5 2 (5.71%) Cyber Defence
5 2 (5.71%) Virtual Team
6 1 (2.86%) Data Protection Act
6 1 (2.86%) Derivative
6 1 (2.86%) Foreign Exchange (FX)
Operating Systems
1 2 (5.71%) Unix
1 2 (5.71%) Windows
Processes & Methodologies
1 17 (48.57%) Risk Management
2 8 (22.86%) Project Management
3 7 (20.00%) Information Security
4 6 (17.14%) ITIL
4 6 (17.14%) Stakeholder Management
5 5 (14.29%) Agile Software Development
5 5 (14.29%) Business Continuity
5 5 (14.29%) Programme Management
5 5 (14.29%) Risk Analysis
6 4 (11.43%) Stress Testing
7 3 (8.57%) IT Governance
7 3 (8.57%) IT Strategy
7 3 (8.57%) Project Planning
8 2 (5.71%) Conflict Management
8 2 (5.71%) Cybersecurity
8 2 (5.71%) ISMS
8 2 (5.71%) IT Audit
8 2 (5.71%) Matrix Management
8 2 (5.71%) Test Scripting
8 2 (5.71%) User Acceptance Testing
Programming Languages
1 1 (2.86%) SQL
Qualifications
1 5 (14.29%) CISSP
2 4 (11.43%) Degree
3 3 (8.57%) CISM
4 2 (5.71%) CISA
4 2 (5.71%) CRISC
4 2 (5.71%) ISO 27001 Lead Auditor
4 2 (5.71%) PRINCE2 Certification
4 2 (5.71%) SC Cleared
4 2 (5.71%) Security Cleared
5 1 (2.86%) CGEIT
Quality Assurance & Compliance
1 5 (14.29%) ISO/IEC 27001
2 4 (11.43%) COBIT
3 3 (8.57%) QA
4 2 (5.71%) ISO 9001
4 2 (5.71%) ISO/IEC 20000
4 2 (5.71%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
4 2 (5.71%) Sarbanes-Oxley
5 1 (2.86%) COSO
Vendors
1 4 (11.43%) Oracle
2 2 (5.71%) Microsoft
3 1 (2.86%) Sybase