The median contractor rate for a Market Risk Analyst was £600 per day in advertised job vacancies during the 3 months to 28 June 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.

Market Risk Analyst
UK
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 581 622 626
Rank change year-on-year +41 +4  
Contract jobs requiring a Market Risk Analyst 29 29 19
As % of all contract IT jobs advertised in the UK 0.062% 0.054% 0.034%
As % of the Job Titles category 0.065% 0.057% 0.036%
Number of daily rates quoted 18 19 15
Median daily rate £600 £600 £600
90% offered a daily rate of more than £450 £490 £405
10% offered a daily rate of more than £706 £750 £625
UK excluding London median daily rate £450 £500 £475
% change year-on-year -10.00% +5.26%  
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 44648 51085 52304
As % of all contract IT job vacancies advertised in the UK 94.78% 94.85% 94.84%
Number of daily rates quoted 28819 33278 32902
Median daily rate £438 £425 £400
Median daily rate % change year-on-year +2.94% +6.25%  
90% offered a daily rate of more than £275 £260 £245
10% offered a daily rate of more than £600 £600 £568
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 1391 1532 1988
Median hourly rate £18.69 £17.50 £16.50
Median hourly rate % change year-on-year +6.80% +6.06%  
90% offered a hourly rate of more than £11.42 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £43.50 £40.00
UK excluding London median hourly rate £17.50 £17.50 £16.14
% change year-on-year - +8.42%  

Market Risk Analyst
Job Vacancy Trend

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

Job vacancy trend for Market Risk Analyst in the UK

Market Risk Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Market Risk Analyst in the UK

Market Risk Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Market Risk Analyst over the 3 months to 28 June 2017.

Contractor daily rate histogram for Market Risk Analyst in the UK

Market Risk Analyst
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Market Risk Analyst in the UK

Market Risk Analyst
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk Analyst within the UK over the 3 months to 28 June 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 +36 28 £600 - 1
London +13 28 £600 -4.00% 1
City of London 0 4 £650 -7.14%
Docklands, London - 4 £638 -
Edinburgh - 1 £450 -
Scotland - 1 £450 -

Market Risk Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 28 June 2017, Market 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 Market Risk Analyst in the job title.

1 46 (97.87%) Market Risk
2 34 (72.34%) Banking
3 24 (51.06%) Finance
4 23 (48.94%) Risk Management
4 23 (48.94%) Investment Banking
5 22 (46.81%) SQL
6 15 (31.91%) Stress Testing
7 13 (27.66%) Business Analysis
7 13 (27.66%) Front Office
8 11 (23.40%) Credit Risk
9 9 (19.15%) Hadoop
9 9 (19.15%) Analytical Skills
10 8 (17.02%) Agile Software Development
10 8 (17.02%) VBA
10 8 (17.02%) Microsoft Excel
10 8 (17.02%) Microsoft
10 8 (17.02%) R
10 8 (17.02%) Big Data
11 7 (14.89%) JIRA
11 7 (14.89%) Dodd-Frank
11 7 (14.89%) Scenario Testing
12 6 (12.77%) Credit Risk Management
12 6 (12.77%) Collateral Management
12 6 (12.77%) Back Office
12 6 (12.77%) SQL Server
12 6 (12.77%) Microsoft Office
12 6 (12.77%) Team Foundation Server
13 5 (10.64%) Mathematics
13 5 (10.64%) Change Management
13 5 (10.64%) Validation

Market Risk Analyst 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 4 (8.51%) Apache Pig
Applications
1 8 (17.02%) Microsoft Excel
2 6 (12.77%) Microsoft Office
3 1 (2.13%) Microsoft PowerPoint
3 1 (2.13%) MS Visio
Business Applications
1 1 (2.13%) Summit
Communications & Networking
1 1 (2.13%) Internet
Database & Business Intelligence
1 9 (19.15%) Hadoop
2 8 (17.02%) Big Data
3 6 (12.77%) SQL Server
4 4 (8.51%) Data Mining
4 4 (8.51%) MongoDB
4 4 (8.51%) MySQL
5 1 (2.13%) HBase
5 1 (2.13%) MS Access
Development Applications
1 7 (14.89%) JIRA
2 6 (12.77%) Team Foundation Server
3 4 (8.51%) Jenkins
4 2 (4.26%) Visual Studio
General
1 34 (72.34%) Banking
2 24 (51.06%) Finance
3 23 (48.94%) Investment Banking
4 13 (27.66%) Front Office
5 6 (12.77%) Back Office
6 3 (6.38%) Financial Institution
7 2 (4.26%) French Language
8 1 (2.13%) Advertising
Libraries, Frameworks & Software Standards
1 4 (8.51%) Web Services
Miscellaneous
1 46 (97.87%) Market Risk
2 11 (23.40%) Credit Risk
3 9 (19.15%) Analytical Skills
4 4 (8.51%) Derivative
5 3 (6.38%) Algorithms
6 2 (4.26%) OTC Derivatives
7 1 (2.13%) Equities
Processes & Methodologies
1 23 (48.94%) Risk Management
2 15 (31.91%) Stress Testing
3 13 (27.66%) Business Analysis
4 8 (17.02%) Agile Software Development
5 7 (14.89%) Scenario Testing
6 6 (12.77%) Collateral Management
6 6 (12.77%) Credit Risk Management
7 5 (10.64%) Change Management
7 5 (10.64%) Machine Learning
7 5 (10.64%) Mathematics
7 5 (10.64%) Validation
8 4 (8.51%) Performance Monitoring
8 4 (8.51%) Risk Analysis
8 4 (8.51%) Scrum
8 4 (8.51%) Workflow
9 3 (6.38%) GAP Analysis
10 2 (4.26%) Coaching
10 2 (4.26%) Data Analysis
10 2 (4.26%) Data Governance
10 2 (4.26%) Project Management
Programming Languages
1 22 (46.81%) SQL
2 8 (17.02%) R
2 8 (17.02%) VBA
3 4 (8.51%) Java
3 4 (8.51%) PowerShell
4 2 (4.26%) C++
5 1 (2.13%) C#
5 1 (2.13%) MATLAB
5 1 (2.13%) Python
5 1 (2.13%) Scala
5 1 (2.13%) T-SQL
Qualifications
1 3 (6.38%) Degree
2 1 (2.13%) Master's Degree
2 1 (2.13%) Numerate Degree
Quality Assurance & Compliance
1 7 (14.89%) Dodd-Frank
2 2 (4.26%) QA
3 1 (2.13%) Basel II
3 1 (2.13%) CRD IV
3 1 (2.13%) Data Quality
3 1 (2.13%) EMIR
3 1 (2.13%) MiFID
System Software
1 3 (6.38%) HDFS
Systems Management
1 4 (8.51%) Dollar Universe
Vendors
1 8 (17.02%) Microsoft
2 1 (2.13%) Bloomberg
London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 5 days ago