The median contractor rate for a Market Risk Analyst was £373 per day in advertised job vacancies during the 3 months to 27 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
27 Mar 2017
Same period 2016 Same period 2015
Market Risk Analyst
UK
Rank 566 614 575
Rank change year-on-year +48 -39  
Contract jobs requiring a Market Risk Analyst 17 26 56
As % of all contract IT jobs advertised in the UK 0.038% 0.049% 0.10%
As % of the Job Titles category 0.040% 0.051% 0.11%
Number of daily rates quoted 12 17 42
Median daily rate £373 £585 £575
Median daily rate % change year-on-year -36.32% +1.73%  
90% offered a daily rate of more than £255 £505 £444
10% offered a daily rate of more than £585 £690 £750
UK excluding London median daily rate - £563 £450
% change year-on-year - +25.00%  
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 42574 50675 51233
As % of all contract IT job vacancies advertised in the UK 94.79% 95.19% 94.83%
Number of daily rates quoted 27643 32785 30936
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 £560
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1490 1588 2053
Median hourly rate £18.00 £19.00 £17.50
Median hourly rate % change year-on-year -5.26% +8.57%  
90% offered a hourly rate of more than £11.25 £11.50 £11.00
10% offered a hourly rate of more than £47.50 £47.93 £42.50
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

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 27 March 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 hourly rates quoted in IT contractor jobs citing Market Risk Analyst.

Contractor hourly rate trend for Market Risk Analyst in the UK

Market Risk Analyst
Top 3 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 27 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 +42 17 £373 -37.13% 1
London +29 17 £373 -37.91% 1
City of London +4 6 £425 -37.03% 1

Market Risk Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 27 March 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 43 (97.73%) Market Risk
2 29 (65.91%) Finance
3 20 (45.45%) Banking
4 18 (40.91%) Risk Management
5 15 (34.09%) SQL
5 15 (34.09%) Credit Risk
6 14 (31.82%) Mathematics
6 14 (31.82%) Derivative
6 14 (31.82%) PnL Attribution
7 12 (27.27%) Validation
8 11 (25.00%) C#
8 11 (25.00%) C++
8 11 (25.00%) Quantitative Finance
9 10 (22.73%) Microsoft
9 10 (22.73%) Front Office
10 9 (20.45%) QA
11 8 (18.18%) Foreign Exchange (FX)
12 7 (15.91%) MS Office
12 7 (15.91%) Physics
12 7 (15.91%) Statistical Analysis
12 7 (15.91%) Stochastic Modelling
12 7 (15.91%) Analytical Skills
12 7 (15.91%) Dodd-Frank
13 6 (13.64%) Stress Testing
13 6 (13.64%) Team Foundation Server
13 6 (13.64%) Analytics
13 6 (13.64%) JIRA
13 6 (13.64%) Fixed Income
13 6 (13.64%) Workflow
13 6 (13.64%) SQL Server

Market 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:

Applications
1 7 (15.91%) MS Office
2 5 (11.36%) MS Excel
3 2 (4.55%) MS PowerPoint
Business Applications
1 3 (6.82%) Adaptiv
Communications & Networking
1 1 (2.27%) Internet
Database & Business Intelligence
1 6 (13.64%) SQL Server
Development Applications
1 6 (13.64%) JIRA
1 6 (13.64%) Team Foundation Server
2 4 (9.09%) Jenkins
3 2 (4.55%) Visual Studio
General
1 29 (65.91%) Finance
2 20 (45.45%) Banking
3 10 (22.73%) Front Office
4 4 (9.09%) Financial Institution
5 3 (6.82%) Investment Banking
6 2 (4.55%) French Language
7 1 (2.27%) Advertising
7 1 (2.27%) Back Office
7 1 (2.27%) Retail
7 1 (2.27%) Retail Banking
Libraries, Frameworks & Software Standards
1 4 (9.09%) Web Services
Miscellaneous
1 43 (97.73%) Market Risk
2 15 (34.09%) Credit Risk
3 14 (31.82%) Derivative
4 8 (18.18%) Foreign Exchange (FX)
5 7 (15.91%) Analytical Skills
6 6 (13.64%) Fixed Income
7 5 (11.36%) Equities
8 4 (9.09%) Credit Derivative
9 3 (6.82%) Algorithms
10 2 (4.55%) OTC Derivatives
10 2 (4.55%) Taxonomies
10 2 (4.55%) User Experience
Processes & Methodologies
1 18 (40.91%) Risk Management
2 14 (31.82%) Mathematics
2 14 (31.82%) PnL Attribution
3 12 (27.27%) Validation
4 11 (25.00%) Quantitative Finance
5 7 (15.91%) Physics
5 7 (15.91%) Statistical Analysis
5 7 (15.91%) Stochastic Modelling
6 6 (13.64%) Analytics
6 6 (13.64%) Change Management
6 6 (13.64%) Collateral Management
6 6 (13.64%) Credit Risk Management
6 6 (13.64%) Stress Testing
6 6 (13.64%) Workflow
7 5 (11.36%) User Acceptance Testing
8 4 (9.09%) Business Analysis
8 4 (9.09%) Continuous Integration
8 4 (9.09%) Performance Monitoring
8 4 (9.09%) Risk Analytics
8 4 (9.09%) Scrum
Programming Languages
1 15 (34.09%) SQL
2 11 (25.00%) C#
2 11 (25.00%) C++
3 6 (13.64%) VBA
4 4 (9.09%) Java
4 4 (9.09%) PowerShell
4 4 (9.09%) Python
5 1 (2.27%) PL/SQL
5 1 (2.27%) T-SQL
Qualifications
1 4 (9.09%) PhD
2 2 (4.55%) Degree
Quality Assurance & Compliance
1 9 (20.45%) QA
2 7 (15.91%) Dodd-Frank
3 1 (2.27%) CRD IV
3 1 (2.27%) EMIR
Systems Management
1 4 (9.09%) Dollar Universe
Vendors
1 10 (22.73%) Microsoft
2 1 (2.27%) Oracle
City, London
Harvey Nash plc
Rate: £450 - £500 per day + None
Posted: 6 days ago