The median contractor rate for a Market Risk Business Analyst was £600 per day in advertised job vacancies during the 3 months to 26 April 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
3 months to
26 Apr 2017
Same period 2016 Same period 2015
Rank 592 638 615
Rank change year-on-year +46 -23  
Contract jobs requiring a Market Risk Business Analyst 8 17 37
As % of all contract IT jobs advertised in the UK 0.017% 0.030% 0.066%
As % of the Job Titles category 0.018% 0.032% 0.070%
Number of daily rates quoted 6 9 26
Median daily rate £600 £600 £575
Median daily rate % change year-on-year - +4.34%  
90% offered a daily rate of more than £585 £470 £525
10% offered a daily rate of more than £663 £686 £750
UK excluding London median daily rate - £475 £488
% change year-on-year - -2.56%  
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 43952 53115 52934
As % of all contract IT job vacancies advertised in the UK 94.56% 95.09% 94.80%
Number of daily rates quoted 28568 34621 32069
Median daily rate £430 £425 £400
Median daily rate % change year-on-year +1.17% +6.25%  
90% offered a daily rate of more than £265 £263 £240
10% offered a daily rate of more than £600 £600 £563
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.66%  
Number of hourly rates quoted 1442 1549 2118
Median hourly rate £18.00 £17.50 £17.50
Median hourly rate % change year-on-year +2.85% -  
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £47.83 £45.00 £42.50
UK excluding London median hourly rate £17.50 £17.50 £16.72
% change year-on-year - +4.66%  

Market Risk Business Analyst
Job Vacancy Trend

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

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 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 3 months to 26 April 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 +44 8 £600 -4.00%
London +9 8 £600 -7.69%
City of London -2 2 £585 -13.81%
Docklands, London - 2 £638 -

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

For the 6 months to 26 April 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 17 (100.00%) Market Risk
2 12 (70.59%) Banking
3 10 (58.82%) Finance
4 8 (47.06%) Credit Risk
5 7 (41.18%) Risk Management
5 7 (41.18%) Investment Banking
6 5 (29.41%) Business Analysis
6 5 (29.41%) SQL
7 4 (23.53%) Microsoft
7 4 (23.53%) Foreign Exchange (FX)
7 4 (23.53%) Front Office
7 4 (23.53%) Degree
7 4 (23.53%) Derivative
8 3 (17.65%) Systems Analysis
8 3 (17.65%) Data Management
8 3 (17.65%) Project Management
8 3 (17.65%) Microsoft Excel
8 3 (17.65%) Stress Testing
8 3 (17.65%) Analytics
8 3 (17.65%) Analytical Skills
9 2 (11.76%) Collateral Management
9 2 (11.76%) Prototyping
9 2 (11.76%) Credit Risk Management
9 2 (11.76%) PnL Attribution
9 2 (11.76%) User Experience
9 2 (11.76%) Master Data Management
9 2 (11.76%) Dodd-Frank
9 2 (11.76%) Test Strategy
9 2 (11.76%) Team Foundation Server
9 2 (11.76%) CRM

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 3 (17.65%) Microsoft Excel
2 2 (11.76%) Microsoft Office
2 2 (11.76%) Microsoft PowerPoint
Communications & Networking
1 1 (5.88%) Internet
Database & Business Intelligence
1 2 (11.76%) SQL Server
Development Applications
1 2 (11.76%) JIRA
1 2 (11.76%) Team Foundation Server
1 2 (11.76%) Visual Studio
General
1 12 (70.59%) Banking
2 10 (58.82%) Finance
3 7 (41.18%) Investment Banking
4 4 (23.53%) Front Office
5 2 (11.76%) Financial Institution
6 1 (5.88%) Back Office
Miscellaneous
1 17 (100.00%) Market Risk
2 8 (47.06%) Credit Risk
3 4 (23.53%) Derivative
3 4 (23.53%) Foreign Exchange (FX)
4 3 (17.65%) Analytical Skills
5 2 (11.76%) Fixed Income
5 2 (11.76%) Taxonomies
5 2 (11.76%) User Experience
6 1 (5.88%) Equities
Processes & Methodologies
1 7 (41.18%) Risk Management
2 5 (29.41%) Business Analysis
3 3 (17.65%) Analytics
3 3 (17.65%) Data Management
3 3 (17.65%) Project Management
3 3 (17.65%) Stress Testing
3 3 (17.65%) Systems Analysis
4 2 (11.76%) Agile Software Development
4 2 (11.76%) Collateral Management
4 2 (11.76%) Credit Risk Management
4 2 (11.76%) CRM
4 2 (11.76%) Master Data Management
4 2 (11.76%) PnL Attribution
4 2 (11.76%) Prototyping
4 2 (11.76%) RAD
4 2 (11.76%) Requirements Analysis
4 2 (11.76%) Scrum
4 2 (11.76%) Test Strategy
4 2 (11.76%) Validation
4 2 (11.76%) Workflow
Programming Languages
1 5 (29.41%) SQL
2 1 (5.88%) PL/SQL
2 1 (5.88%) VBA
Qualifications
1 4 (23.53%) Degree
Quality Assurance & Compliance
1 2 (11.76%) Dodd-Frank
2 1 (5.88%) QA
Vendors
1 4 (23.53%) Microsoft
2 1 (5.88%) Oracle