The median contractor rate for a IT Risk Manager was £550 per day in advertised job vacancies during the 3 months to 30 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.

IT Risk Manager
UK
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank 588 597 605
Rank change year-on-year +9 +8  
Contract jobs requiring an IT Risk Manager 12 43 20
As % of all contract IT jobs advertised in the UK 0.026% 0.079% 0.037%
As % of the Job Titles category 0.028% 0.083% 0.039%
Number of daily rates quoted 12 22 13
Median daily rate £550 £563 £475
Median daily rate % change year-on-year -2.22% +18.42%  
90% offered a daily rate of more than £539 £425 £455
10% offered a daily rate of more than £700 £695 £585
UK excluding London median daily rate £575 £500 £500
% change year-on-year +15.00% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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 43148 51543 50918
As % of all contract IT job vacancies advertised in the UK 94.77% 95.22% 94.82%
Number of daily rates quoted 28028 33436 30785
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 £550
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1488 1586 2043
Median hourly rate £18.00 £18.50 £17.50
Median hourly rate % change year-on-year -2.70% +5.71%  
90% offered a hourly rate of more than £11.30 £11.25 £11.00
10% offered a hourly rate of more than £47.50 £47.50 £42.50
UK excluding London median hourly rate £17.50 £19.00 £17.00
% change year-on-year -7.89% +11.76%  

IT Risk Manager
Job Vacancy Trend

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

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 3 months to 30 March 2017.

Contractor daily rate histogram for IT Risk Manager in the UK

IT Risk Manager
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for IT Risk Manager in the UK

IT Risk Manager
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 IT Risk Manager within the UK over the 3 months to 30 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 +22 12 £550 -2.22% 2
London +27 10 £550 -8.33% 1
North West +15 2 £575 +15.00%
Manchester 0 2 £575 +15.00%
City of London +10 1 £550 -4.34%

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

For the 6 months to 30 March 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 15 (65.22%) Risk Management
2 12 (52.17%) Banking
3 7 (30.43%) Project Management
3 7 (30.43%) Front Office
4 6 (26.09%) Finance
4 6 (26.09%) CISA
5 5 (21.74%) Management Information System
5 5 (21.74%) CISSP
5 5 (21.74%) Investment Banking
6 4 (17.39%) Derivative
6 4 (17.39%) Wealth Management
6 4 (17.39%) Investment Management
6 4 (17.39%) PRINCE2 Practitioner
6 4 (17.39%) PMP
6 4 (17.39%) PMI Certification
6 4 (17.39%) PRINCE2
6 4 (17.39%) Fixed Income
6 4 (17.39%) System Integration Testing
6 4 (17.39%) Matrix Management
6 4 (17.39%) Dependency Management
6 4 (17.39%) Matrix Organization
7 3 (13.04%) IT Audit
7 3 (13.04%) Virtual Team
7 3 (13.04%) CRISC
7 3 (13.04%) Market Risk
7 3 (13.04%) Information Security
7 3 (13.04%) CISM
7 3 (13.04%) SQL
7 3 (13.04%) Sarbanes-Oxley
7 3 (13.04%) Data Protection

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:

Application Platforms
1 2 (8.70%) Oracle Workflow
Applications
1 1 (4.35%) MS Excel
1 1 (4.35%) MS Office
Development Applications
1 2 (8.70%) JIRA
General
1 12 (52.17%) Banking
2 7 (30.43%) Front Office
3 6 (26.09%) Finance
4 5 (21.74%) Investment Banking
5 1 (4.35%) Corporate Banking
5 1 (4.35%) Financial Institution
Miscellaneous
1 5 (21.74%) Management Information System
2 4 (17.39%) Derivative
2 4 (17.39%) Fixed Income
3 3 (13.04%) Data Protection Act
3 3 (13.04%) FMCG
3 3 (13.04%) Market Risk
3 3 (13.04%) Virtual Team
4 1 (4.35%) Credit Risk
4 1 (4.35%) Interest Rate Derivative
Processes & Methodologies
1 15 (65.22%) Risk Management
2 7 (30.43%) Project Management
3 4 (17.39%) Dependency Management
3 4 (17.39%) Investment Management
3 4 (17.39%) Matrix Management
3 4 (17.39%) Matrix Organization
3 4 (17.39%) PRINCE2
3 4 (17.39%) System Integration Testing
3 4 (17.39%) Wealth Management
4 3 (13.04%) Agile Software Development
4 3 (13.04%) Data Protection
4 3 (13.04%) Information Security
4 3 (13.04%) IT Audit
4 3 (13.04%) Risk Analysis
5 2 (8.70%) Business Analysis
5 2 (8.70%) Continuous Improvement
5 2 (8.70%) Stakeholder Management
5 2 (8.70%) Workflow
5 2 (8.70%) Workflow Management
6 1 (4.35%) Stakeholder Engagement
Programming Languages
1 3 (13.04%) SQL
2 2 (8.70%) C
Qualifications
1 6 (26.09%) CISA
2 5 (21.74%) CISSP
3 4 (17.39%) PMI Certification
3 4 (17.39%) PMP
3 4 (17.39%) PRINCE2 Practitioner
4 3 (13.04%) CISM
4 3 (13.04%) CRISC
5 2 (8.70%) CGEIT
6 1 (4.35%) Degree
Quality Assurance & Compliance
1 3 (13.04%) COBIT
1 3 (13.04%) Sarbanes-Oxley
2 1 (4.35%) FINREP
2 1 (4.35%) IAS 39
2 1 (4.35%) IFRS
2 1 (4.35%) IFRS 9
Vendors
1 2 (8.70%) Oracle
2 1 (4.35%) Microsoft
2 1 (4.35%) SAP