Period
to 24 November 2017

The median contractor rate for a Market Risk Analyst was £700 per day in advertised job vacancies during the 6 months to 24 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.

Market Risk Analyst
UK
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 835 832 831
Rank change year-on-year -3 -1 -35
Contract jobs requiring a Market Risk Analyst 61 54 63
As % of all contract IT jobs advertised in the UK 0.059% 0.051% 0.055%
As % of the Job Titles category 0.062% 0.054% 0.058%
Number of daily rates quoted 36 31 42
UK median daily rate £700 £650 £563
Median daily rate % change year-on-year +7.69% +15.56% +1.81%
10th Percentile £475 £425 £378
90th Percentile £938 £925 £675
UK excluding London median daily rate - - -
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 97695 99488 108685
% of contract IT jobs with a recognized job title 94.79% 94.75% 94.91%
Number of daily rates quoted 64489 64865 69136
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 2905 3326 4142
UK median hourly rate £18.69 £18.00 £18.00
Median hourly rate % change year-on-year +3.81% - +9.09%
10th Percentile £10.93 £10.50 £10.50
90th Percentile £47.83 £47.45 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Market Risk Analyst
Job Vacancy Trend

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

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 6 months to 24 November 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 2 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 6 months to 24 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
London +4 61 £700 +1.08% 4
England +3 61 £700 +1.08% 4

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

For the 6 months to 24 November 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 61 (100.00%) Market Risk
2 40 (65.57%) Banking
3 35 (57.38%) Investment Banking
4 32 (52.46%) Finance
5 30 (49.18%) Front Office
6 22 (36.07%) Derivative
7 21 (34.43%) Business Analysis
7 21 (34.43%) SQL
8 16 (26.23%) PnL Attribution
8 16 (26.23%) Agile Software Development
9 15 (24.59%) Validation
9 15 (24.59%) C++
10 14 (22.95%) C#
10 14 (22.95%) Mathematics
10 14 (22.95%) Physics
11 13 (21.31%) QA
11 13 (21.31%) Stochastic Modelling
11 13 (21.31%) Benchmarking
11 13 (21.31%) Quantitative Finance
11 13 (21.31%) Internal Audit
12 12 (19.67%) Hadoop
13 11 (18.03%) Stress Testing
14 10 (16.39%) Big Data
14 10 (16.39%) Risk Management
15 9 (14.75%) Stakeholder Management
15 9 (14.75%) Java
16 8 (13.11%) R
16 8 (13.11%) Credit Risk
16 8 (13.11%) Microsoft Excel
16 8 (13.11%) Foreign Exchange (FX)

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 3 (4.92%) Apache Spark
2 2 (3.28%) Apache Pig
Applications
1 8 (13.11%) Microsoft Excel
2 1 (1.64%) MS Visio
2 1 (1.64%) Spreadsheet
Business Applications
1 1 (1.64%) Oracle General Ledger
Cloud Services
1 2 (3.28%) OpenShift
Database & Business Intelligence
1 12 (19.67%) Hadoop
2 10 (16.39%) Big Data
3 3 (4.92%) Data Mining
3 3 (4.92%) OLAP
3 3 (4.92%) Oracle Database
3 3 (4.92%) Oracle Database 11g
3 3 (4.92%) Oracle OLAP
3 3 (4.92%) PowerPivot
3 3 (4.92%) Star Schema
4 2 (3.28%) MongoDB
4 2 (3.28%) MySQL
4 2 (3.28%) OLAP Cube
5 1 (1.64%) Apache Hive
5 1 (1.64%) Data Lake
5 1 (1.64%) Data Warehouse
5 1 (1.64%) HBase
5 1 (1.64%) Presto
Development Applications
1 2 (3.28%) Atlassian Bamboo
1 2 (3.28%) Cucumber
2 1 (1.64%) JIRA
General
1 40 (65.57%) Banking
2 35 (57.38%) Investment Banking
3 32 (52.46%) Finance
4 30 (49.18%) Front Office
5 6 (9.84%) Back Office
6 1 (1.64%) General Ledger
6 1 (1.64%) Japanese Language
6 1 (1.64%) Law
Libraries, Frameworks & Software Standards
1 3 (4.92%) MDX
1 3 (4.92%) Spring
2 2 (3.28%) Gherkin
2 2 (3.28%) XML
3 1 (1.64%) HTML
3 1 (1.64%) HTML5
3 1 (1.64%) JSON
3 1 (1.64%) REST
Miscellaneous
1 61 (100.00%) Market Risk
2 22 (36.07%) Derivative
3 8 (13.11%) Credit Risk
3 8 (13.11%) Foreign Exchange (FX)
4 7 (11.48%) Fixed Income
5 5 (8.20%) Analytical Skills
6 3 (4.92%) Equities
7 2 (3.28%) Computer Science
8 1 (1.64%) Credit Derivative
8 1 (1.64%) Equity Derivative
Operating Systems
1 1 (1.64%) Windows
Processes & Methodologies
1 21 (34.43%) Business Analysis
2 16 (26.23%) Agile Software Development
2 16 (26.23%) PnL Attribution
3 15 (24.59%) Validation
4 14 (22.95%) Mathematics
4 14 (22.95%) Physics
5 13 (21.31%) Benchmarking
5 13 (21.31%) Internal Audit
5 13 (21.31%) Quantitative Finance
5 13 (21.31%) Stochastic Modelling
6 11 (18.03%) Stress Testing
7 10 (16.39%) Risk Management
8 9 (14.75%) Stakeholder Management
9 7 (11.48%) Scenario Testing
10 6 (9.84%) Migration
11 5 (8.20%) Target Operating Model
11 5 (8.20%) User Acceptance Testing
12 4 (6.56%) Monte Carlo Method
12 4 (6.56%) SDLC
12 4 (6.56%) Waterfall
Programming Languages
1 21 (34.43%) SQL
2 15 (24.59%) C++
3 14 (22.95%) C#
4 9 (14.75%) Java
5 8 (13.11%) R
6 5 (8.20%) VBA
7 4 (6.56%) Perl
7 4 (6.56%) Python
8 3 (4.92%) PL/SQL
9 2 (3.28%) MATLAB
9 2 (3.28%) XMLA
10 1 (1.64%) Shell Script
Qualifications
1 2 (3.28%) Degree
2 1 (1.64%) Computer Science Degree
Quality Assurance & Compliance
1 13 (21.31%) QA
2 1 (1.64%) Basel II
2 1 (1.64%) MiFID
System Software
1 2 (3.28%) HDFS
Vendors
1 7 (11.48%) Oracle
2 4 (6.56%) Microsoft
3 2 (3.28%) Murex
3 2 (3.28%) Tableau