IT Risk Manager Contracts

IT Risk Manager
UK

The median IT Risk Manager daily rate in the UK is £600 according to job vacancies posted during the 6 months to 25 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
25 Apr 2024
Same period 2023 Same period 2022
Rank 578 714 808
Rank change year-on-year +136 +94 -136
Contract jobs requiring an IT Risk Manager 8 8 23
As % of all contract jobs advertised in the UK 0.018% 0.013% 0.026%
As % of the Job Titles category 0.020% 0.014% 0.027%
Number of daily rates quoted 6 4 17
10th Percentile £514 - £421
25th Percentile £537 £550 £544
Median daily rate (50th Percentile) £600 £600 £588
Median % change year-on-year - +2.13% +6.93%
75th Percentile £703 £650 £763
90th Percentile £744 - £835
UK excluding London median daily rate £725 £600 £550
% change year-on-year +20.83% +9.09% +37.71%

All Contract IT Job Vacancies
UK

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.

Contract vacancies in the UK with a recognized job title 40,482 56,783 84,604
% of contract IT jobs with a recognized job title 92.77% 94.58% 95.49%
Number of daily rates quoted 26,407 39,621 59,331
10th Percentile £275 £313 £313
25th Percentile £408 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,642 1,607 2,111
10th Percentile £12.86 £14.28 £12.50
25th Percentile £16.30 £19.45 £15.50
Median hourly rate £35.68 £45.00 £23.00
Median % change year-on-year -20.71% +95.65% +1.41%
75th Percentile £60.00 £65.75 £48.75
90th Percentile £72.50 £75.60 £63.00
UK excluding London median hourly rate £37.50 £42.50 £19.50
% change year-on-year -11.76% +117.95% +2.63%

IT Risk Manager
Job Vacancy Trend

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

Job vacancy trend for IT Risk Manager in the UK

IT Risk Manager
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing IT Risk Manager.

Daily rate trend for IT Risk Manager in the UK

IT Risk Manager
Daily Rate Histogram

Daily rate distribution for jobs citing IT Risk Manager over the 6 months to 25 April 2024.

Daily rate histogram 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 6 months to 25 April 2024. 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
Jobs
England +122 6 £600 - 6
Work from Home +127 4 £738 - 5
London +109 4 £600 - 2
UK excluding London +65 1 £725 +20.83% 4
South East +12 1 £725 -

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

For the 6 months to 25 April 2024, IT Risk Manager contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring IT Risk Manager in the job title.

1 7 (87.50%) Risk Management
2 3 (37.50%) Asset Management
2 3 (37.50%) COBIT
2 3 (37.50%) Social Skills
3 2 (25.00%) IT Governance
3 2 (25.00%) Problem-Solving
3 2 (25.00%) GRC
3 2 (25.00%) Data Quality
3 2 (25.00%) Analytical Skills
3 2 (25.00%) Vulnerability Management
3 2 (25.00%) Cybersecurity
3 2 (25.00%) Agile
3 2 (25.00%) Finance
3 2 (25.00%) Validation
3 2 (25.00%) Data Security
3 2 (25.00%) Risk Assessment
3 2 (25.00%) Project Management
3 2 (25.00%) Sarbanes-Oxley
4 1 (12.50%) Data Modelling
4 1 (12.50%) CISSP
4 1 (12.50%) CISA
4 1 (12.50%) Information Security
4 1 (12.50%) Management Information System
4 1 (12.50%) Stakeholder Management
4 1 (12.50%) Network Architecture
4 1 (12.50%) Waterfall
4 1 (12.50%) Continuous Improvement
4 1 (12.50%) Banking
4 1 (12.50%) Penetration Testing
4 1 (12.50%) Business Process Mapping

IT Risk Manager Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Cloud Services
1 1 (12.50%) Cloud Computing
General
1 3 (37.50%) Social Skills
2 2 (25.00%) Analytical Skills
2 2 (25.00%) Finance
3 1 (12.50%) Banking
Miscellaneous
1 1 (12.50%) Management Information System
Processes & Methodologies
1 7 (87.50%) Risk Management
2 3 (37.50%) Asset Management
3 2 (25.00%) Agile
3 2 (25.00%) Cybersecurity
3 2 (25.00%) Data Security
3 2 (25.00%) IT Governance
3 2 (25.00%) Problem-Solving
3 2 (25.00%) Project Management
3 2 (25.00%) Risk Assessment
3 2 (25.00%) Validation
3 2 (25.00%) Vulnerability Management
4 1 (12.50%) Application Security
4 1 (12.50%) Business Process Mapping
4 1 (12.50%) Data Privacy
4 1 (12.50%) Line Management
4 1 (12.50%) Network Architecture
4 1 (12.50%) Remediation Plan
4 1 (12.50%) SDLC
4 1 (12.50%) Vulnerability Remediation
4 1 (12.50%) Waterfall
Qualifications
1 1 (12.50%) CISA
1 1 (12.50%) CISSP
1 1 (12.50%) CRISC
Quality Assurance & Compliance
1 3 (37.50%) COBIT
2 2 (25.00%) Data Quality
2 2 (25.00%) GRC
2 2 (25.00%) Sarbanes-Oxley