Period
to 23 July 2017

The median contractor rate for a Market Risk Business Analyst was £600 per day in advertised job vacancies during the 6 months to 23 July 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.

Business Analyst - Market Risk
UK
6 months to
23 Jul 2017
Same period 2016 Same period 2015
Rank 826 853 826
Rank change year-on-year +27 -27 0
Contract jobs requiring a Market Risk Business Analyst 27 35 56
As % of all contract IT jobs advertised in the UK 0.028% 0.032% 0.050%
As % of the Job Titles category 0.030% 0.033% 0.052%
Number of daily rates quoted 16 17 42
UK median daily rate £600 £600 £575
Median daily rate % change year-on-year - +4.35% -1.08%
10th Percentile £565 £470 £464
90th Percentile £719 £770 £775
UK excluding London median daily rate £450 £500 £500
% change year-on-year -10.00% - -
Number of hourly rates quoted 0 0 0
UK 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 90193 104555 107186
As % of all contract IT job vacancies advertised in the UK 94.84% 95.02% 94.84%
Number of daily rates quoted 58462 68042 66348
UK median daily rate £428 £425 £400
Median daily rate % change year-on-year +0.59% +6.25% +1.01%
10th Percentile £263 £256 £233
90th Percentile £619 £600 £588
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.23% +3.33% +7.14%
Number of hourly rates quoted 2904 3100 4144
UK median hourly rate £18.50 £19.00 £17.50
Median hourly rate % change year-on-year -2.63% +8.57% +2.94%
10th Percentile £10.89 £10.44 £10.50
90th Percentile £50.00 £47.39 £45.00
UK excluding London median hourly rate £17.58 £19.00 £17.00
% change year-on-year -7.47% +11.76% +3.03%

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 23 July 2017.

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 4 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 23 July 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
England +53 26 £600 - 2
London +10 26 £600 - 2
UK excluding London +64 1 £450 -10.00%
Scotland +35 1 £450 -

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

For the 6 months to 23 July 2017, 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 27 (100.00%) Market Risk
2 22 (81.48%) Banking
3 19 (70.37%) Investment Banking
4 12 (44.44%) Business Analysis
4 12 (44.44%) Finance
5 11 (40.74%) Risk Management
5 11 (40.74%) SQL
6 10 (37.04%) Front Office
6 10 (37.04%) Stress Testing
7 8 (29.63%) Agile Software Development
8 7 (25.93%) Scenario Testing
9 6 (22.22%) Back Office
10 5 (18.52%) R
10 5 (18.52%) Hadoop
11 4 (14.81%) Credit Risk
11 4 (14.81%) Big Data
12 3 (11.11%) Scrum
12 3 (11.11%) Microsoft
12 3 (11.11%) Degree
12 3 (11.11%) JIRA
13 2 (7.41%) Credit Risk Management
13 2 (7.41%) Dodd-Frank
13 2 (7.41%) Collateral Management
13 2 (7.41%) Data Governance
13 2 (7.41%) Data Analysis
13 2 (7.41%) Derivative
13 2 (7.41%) Team Foundation Server
13 2 (7.41%) Project Management
13 2 (7.41%) SQL Server
13 2 (7.41%) Microsoft Office

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:

Applications
1 2 (7.41%) Microsoft Office
2 1 (3.70%) Microsoft Excel
Database & Business Intelligence
1 5 (18.52%) Hadoop
2 4 (14.81%) Big Data
3 2 (7.41%) SQL Server
4 1 (3.70%) HBase
Development Applications
1 3 (11.11%) JIRA
2 2 (7.41%) Team Foundation Server
2 2 (7.41%) Visual Studio
General
1 22 (81.48%) Banking
2 19 (70.37%) Investment Banking
3 12 (44.44%) Finance
4 10 (37.04%) Front Office
5 6 (22.22%) Back Office
6 1 (3.70%) French Language
Miscellaneous
1 27 (100.00%) Market Risk
2 4 (14.81%) Credit Risk
3 2 (7.41%) Derivative
4 1 (3.70%) Analytical Skills
4 1 (3.70%) Equities
4 1 (3.70%) OTC Derivatives
Processes & Methodologies
1 12 (44.44%) Business Analysis
2 11 (40.74%) Risk Management
3 10 (37.04%) Stress Testing
4 8 (29.63%) Agile Software Development
5 7 (25.93%) Scenario Testing
6 3 (11.11%) Scrum
7 2 (7.41%) Collateral Management
7 2 (7.41%) Credit Risk Management
7 2 (7.41%) Data Analysis
7 2 (7.41%) Data Governance
7 2 (7.41%) GAP Analysis
7 2 (7.41%) Project Management
7 2 (7.41%) Validation
8 1 (3.70%) Analytics
8 1 (3.70%) Functional Testing
8 1 (3.70%) Kalman Filter
8 1 (3.70%) Non-Functional Testing
8 1 (3.70%) Project Governance
8 1 (3.70%) Risk Analytics
8 1 (3.70%) Test Planning
Programming Languages
1 11 (40.74%) SQL
2 5 (18.52%) R
3 1 (3.70%) VBA
Qualifications
1 3 (11.11%) Degree
2 1 (3.70%) Master's Degree
Quality Assurance & Compliance
1 2 (7.41%) Dodd-Frank
Vendors
1 3 (11.11%) Microsoft