Period
to 20 January 2018

The median contractor rate for a Market Risk Business Analyst was £630 per day in advertised job vacancies during the 6 months to 20 January 2018.

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.

Business Analyst - Market Risk
UK
6 months to
20 Jan 2018
Same period 2017 Same period 2016
Rank 837 817 831
Rank change year-on-year -20 +14 -43
Contract jobs requiring a Market Risk Business Analyst 33 27 46
As % of all contract IT jobs advertised in the UK 0.033% 0.028% 0.043%
As % of the Job Titles category 0.035% 0.029% 0.045%
Number of daily rates quoted 18 16 31
UK median daily rate £630 £600 £575
Median daily rate % change year-on-year +5.00% +4.35% +4.55%
10th Percentile £439 £394 £363
90th Percentile £761 £709 £688
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 94,249 91,784 102,687
% of contract IT jobs with a recognized job title 94.80% 94.78% 94.95%
Number of daily rates quoted 62,616 59,908 65,517
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £260 £253 £250
90th Percentile £625 £600 £600
UK excluding London median daily rate £400 £400 £380
% change year-on-year - +5.26% +2.70%
Number of hourly rates quoted 2,769 3,237 3,875
UK median hourly rate £18.50 £18.00 £19.00
Median hourly rate % change year-on-year +2.78% -5.26% +15.15%
10th Percentile £10.75 £10.50 £10.50
90th Percentile £47.83 £47.10 £47.50
UK excluding London median hourly rate £17.50 £17.50 £18.13
% change year-on-year - -3.45% +9.85%

Market Risk Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Market Risk Business Analyst in the UK

Market Risk Business Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Market Risk Business Analyst in the UK

Market Risk Business Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Market Risk Business Analyst over the 6 months to 20 January 2018.

Contractor daily rate histogram for Market Risk Business Analyst in the UK

Market Risk Business Analyst
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Market Risk Business Analyst in the UK

Market Risk Business 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 Business Analyst within the UK over the 6 months to 20 January 2018. 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
England +3 33 £630 +7.69%
London -16 33 £630 +7.69%

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

For the 6 months to 20 January 2018, Market Risk Business 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 Business Analyst in the job title.

1 33 (100.00%) Market Risk
2 25 (75.76%) Banking
3 22 (66.67%) Investment Banking
4 19 (57.58%) Finance
5 18 (54.55%) Business Analysis
6 15 (45.45%) Agile Software Development
6 15 (45.45%) Front Office
7 12 (36.36%) SQL
8 10 (30.30%) Stakeholder Management
9 9 (27.27%) Derivative
10 8 (24.24%) Risk Management
10 8 (24.24%) Foreign Exchange (FX)
11 7 (21.21%) Fixed Income
11 7 (21.21%) Credit Risk
12 6 (18.18%) Waterfall
12 6 (18.18%) Migration
12 6 (18.18%) Microsoft Excel
13 5 (15.15%) Microsoft
13 5 (15.15%) Data Analysis
13 5 (15.15%) R
13 5 (15.15%) SDLC
13 5 (15.15%) User Acceptance Testing
13 5 (15.15%) Stress Testing
13 5 (15.15%) Hadoop
13 5 (15.15%) Target Operating Model
14 4 (12.12%) Scenario Testing
14 4 (12.12%) Monte Carlo Method
14 4 (12.12%) Analytical Skills
14 4 (12.12%) Oracle
14 4 (12.12%) Java

Market Risk Business 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 (9.09%) Apache Spark
Applications
1 6 (18.18%) Microsoft Excel
2 2 (6.06%) MS Visio
3 1 (3.03%) Microsoft Office
3 1 (3.03%) Microsoft PowerPoint
3 1 (3.03%) Spreadsheet
Business Applications
1 1 (3.03%) Oracle General Ledger
Cloud Services
1 2 (6.06%) OpenShift
Communications & Networking
1 1 (3.03%) SMS
Database & Business Intelligence
1 5 (15.15%) Hadoop
2 3 (9.09%) OLAP
2 3 (9.09%) Oracle OLAP
3 2 (6.06%) OLAP Cube
4 1 (3.03%) Apache Hive
4 1 (3.03%) Big Data
4 1 (3.03%) Data Lake
4 1 (3.03%) Data Mining
4 1 (3.03%) Data Warehouse
4 1 (3.03%) Presto
Development Applications
1 2 (6.06%) Atlassian Bamboo
1 2 (6.06%) Cucumber
General
1 25 (75.76%) Banking
2 22 (66.67%) Investment Banking
3 19 (57.58%) Finance
4 15 (45.45%) Front Office
5 2 (6.06%) Back Office
6 1 (3.03%) General Ledger
6 1 (3.03%) Japanese Language
6 1 (3.03%) Law
Libraries, Frameworks & Software Standards
1 4 (12.12%) XML
2 3 (9.09%) MDX
3 2 (6.06%) Gherkin
4 1 (3.03%) HTML
4 1 (3.03%) HTML5
4 1 (3.03%) JSON
4 1 (3.03%) REST
Miscellaneous
1 33 (100.00%) Market Risk
2 9 (27.27%) Derivative
3 8 (24.24%) Foreign Exchange (FX)
4 7 (21.21%) Credit Risk
4 7 (21.21%) Fixed Income
5 4 (12.12%) Analytical Skills
6 3 (9.09%) Computer Science
6 3 (9.09%) Equities
7 1 (3.03%) Credit Derivative
7 1 (3.03%) Equity Derivative
Operating Systems
1 1 (3.03%) Windows
Processes & Methodologies
1 18 (54.55%) Business Analysis
2 15 (45.45%) Agile Software Development
3 10 (30.30%) Stakeholder Management
4 8 (24.24%) Risk Management
5 6 (18.18%) Migration
5 6 (18.18%) Waterfall
6 5 (15.15%) Data Analysis
6 5 (15.15%) SDLC
6 5 (15.15%) Stress Testing
6 5 (15.15%) Target Operating Model
6 5 (15.15%) User Acceptance Testing
7 4 (12.12%) Data Modelling
7 4 (12.12%) Monte Carlo Method
7 4 (12.12%) Scenario Testing
8 3 (9.09%) Financial Analysis
9 2 (6.06%) BDD
9 2 (6.06%) Change Management
9 2 (6.06%) Mathematics
9 2 (6.06%) Software Engineering
9 2 (6.06%) Workflow
Programming Languages
1 12 (36.36%) SQL
2 5 (15.15%) R
3 4 (12.12%) Java
4 3 (9.09%) MATLAB
5 2 (6.06%) VBA
5 2 (6.06%) XMLA
6 1 (3.03%) C#
6 1 (3.03%) C++
6 1 (3.03%) Perl
6 1 (3.03%) Python
6 1 (3.03%) Shell Script
Qualifications
1 3 (9.09%) Degree
2 1 (3.03%) Computer Science Degree
2 1 (3.03%) Master's Degree
Quality Assurance & Compliance
1 2 (6.06%) Basel II
2 1 (3.03%) Data Quality
2 1 (3.03%) QA
Vendors
1 5 (15.15%) Microsoft
2 4 (12.12%) Oracle
3 2 (6.06%) Murex
3 2 (6.06%) Tableau