The median contractor rate for a Market Risk Developer was £500 per day in advertised job vacancies during the 3 months to 24 June 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 Developer
UK
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 590 633 617
Rank change year-on-year +43 -16  
Contract jobs requiring a Market Risk Developer 11 11 29
As % of all contract IT jobs advertised in the UK 0.024% 0.020% 0.052%
As % of the Job Titles category 0.025% 0.022% 0.055%
Number of daily rates quoted 8 9 24
Median daily rate £500 £675 £550
Median daily rate % change year-on-year -25.92% +22.72%  
90% offered a daily rate of more than £493 £575 £386
10% offered a daily rate of more than £608 £705 £593
UK excluding London median daily rate - - £538
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 43829 51011 53185
As % of all contract IT job vacancies advertised in the UK 94.75% 94.87% 94.80%
Number of daily rates quoted 28353 33254 33375
Median daily rate £438 £425 £400
Median daily rate % change year-on-year +2.94% +6.25%  
90% offered a daily rate of more than £275 £260 £245
10% offered a daily rate of more than £600 £600 £570
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 1353 1511 2053
Median hourly rate £18.00 £17.50 £16.50
Median hourly rate % change year-on-year +2.85% +6.06%  
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £44.00 £40.00
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Market Risk Developer
Job Vacancy Trend

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

Job vacancy trend for Market Risk Developer in the UK

Market Risk Developer
Contractor Daily Rate Trend

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

Contractor daily rate trend for Market Risk Developer in the UK

Market Risk Developer
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Market Risk Developer over the 3 months to 24 June 2017.

Contractor daily rate histogram for Market Risk Developer in the UK

Market Risk Developer
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 Developer within the UK over the 3 months to 24 June 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 +52 11 £500 -25.92% 1
London +18 11 £500 -25.92% 1
City of London -1 1 £600 -14.28% 1
Docklands, London - 1 £563 -

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

For the 6 months to 24 June 2017, Market Risk Developer 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 Developer in the job title.

1 19 (100.00%) Market Risk
2 16 (84.21%) Java
3 10 (52.63%) Hadoop
3 10 (52.63%) Banking
4 9 (47.37%) Agile Software Development
4 9 (47.37%) Scala
5 8 (42.11%) Python
6 7 (36.84%) Credit Risk
6 7 (36.84%) Multithreading
6 7 (36.84%) Big Data
7 5 (26.32%) Front Office
7 5 (26.32%) Risk Management
7 5 (26.32%) Finance
7 5 (26.32%) Machine Learning
7 5 (26.32%) Apache Pig
7 5 (26.32%) Analytical Skills
7 5 (26.32%) Oracle Coherence
8 4 (21.05%) MongoDB
8 4 (21.05%) R
8 4 (21.05%) TDD
8 4 (21.05%) Scrum
8 4 (21.05%) Data Mining
8 4 (21.05%) C++
8 4 (21.05%) SQL
8 4 (21.05%) MySQL
8 4 (21.05%) Oracle
9 3 (15.79%) Linux
9 3 (15.79%) DataSynapse
9 3 (15.79%) Spring
9 3 (15.79%) Functional Programming

Market Risk Developer 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 5 (26.32%) Apache Pig
1 5 (26.32%) Oracle Coherence
2 3 (15.79%) Apache Spark
2 3 (15.79%) DataSynapse
3 1 (5.26%) GemFire
Database & Business Intelligence
1 10 (52.63%) Hadoop
2 7 (36.84%) Big Data
3 4 (21.05%) Data Mining
3 4 (21.05%) MongoDB
3 4 (21.05%) MySQL
4 2 (10.53%) Data Warehouse
4 2 (10.53%) Relational Database
4 2 (10.53%) SQL Server
5 1 (5.26%) Apache Cassandra
5 1 (5.26%) Data Lake
5 1 (5.26%) Hazelcast
5 1 (5.26%) MS Access
5 1 (5.26%) Oracle Database
5 1 (5.26%) Parquet
5 1 (5.26%) RDBMS
5 1 (5.26%) SQL Server Analysis Services
5 1 (5.26%) SQL Server Reporting Services
Development Applications
1 2 (10.53%) Maven
2 1 (5.26%) Ant
2 1 (5.26%) Atlassian Bamboo
2 1 (5.26%) ClearCase
2 1 (5.26%) Git (software)
2 1 (5.26%) Jenkins
2 1 (5.26%) JIRA
2 1 (5.26%) Subversion
2 1 (5.26%) Team Foundation Server
General
1 10 (52.63%) Banking
2 5 (26.32%) Finance
2 5 (26.32%) Front Office
3 2 (10.53%) Investment Banking
4 1 (5.26%) Back Office
Libraries, Frameworks & Software Standards
1 3 (15.79%) Spring
2 2 (10.53%) .NET
2 2 (10.53%) STL
2 2 (10.53%) WCF
3 1 (5.26%) .NET Framework
3 1 (5.26%) Angular 2
3 1 (5.26%) AngularJS
3 1 (5.26%) CORBA
3 1 (5.26%) D3.js
3 1 (5.26%) HTML
3 1 (5.26%) J2EE
3 1 (5.26%) JPA
3 1 (5.26%) Spring MVC
3 1 (5.26%) Spring Web Flow
3 1 (5.26%) Web Services
3 1 (5.26%) WPF
Miscellaneous
1 19 (100.00%) Market Risk
2 7 (36.84%) Credit Risk
3 5 (26.32%) Analytical Skills
4 2 (10.53%) Computer Science
4 2 (10.53%) Foreign Exchange (FX)
5 1 (5.26%) Derivative
5 1 (5.26%) Equities
5 1 (5.26%) Greenfield Project
5 1 (5.26%) User Experience
5 1 (5.26%) Virtual Team
Operating Systems
1 3 (15.79%) Linux
2 2 (10.53%) Windows
3 1 (5.26%) Unix
Processes & Methodologies
1 9 (47.37%) Agile Software Development
2 7 (36.84%) Multithreading
3 5 (26.32%) Machine Learning
3 5 (26.32%) Risk Management
4 4 (21.05%) Scrum
4 4 (21.05%) TDD
5 3 (15.79%) Functional Programming
5 3 (15.79%) Multithreaded Programming
6 2 (10.53%) Mathematics
6 2 (10.53%) Mentoring
6 2 (10.53%) PnL Attribution
6 2 (10.53%) SOA
6 2 (10.53%) Stress Testing
6 2 (10.53%) UML
6 2 (10.53%) Validation
7 1 (5.26%) Business Intelligence
7 1 (5.26%) Change Management
7 1 (5.26%) MVC
7 1 (5.26%) OO
7 1 (5.26%) OOP
Programming Languages
1 16 (84.21%) Java
2 9 (47.37%) Scala
3 8 (42.11%) Python
4 4 (21.05%) C++
4 4 (21.05%) R
4 4 (21.05%) SQL
5 1 (5.26%) C#
5 1 (5.26%) Haskell
5 1 (5.26%) JavaScript
5 1 (5.26%) PL/SQL
5 1 (5.26%) VBA
Qualifications
1 3 (15.79%) Degree
2 1 (5.26%) Computer Science Degree
2 1 (5.26%) Numerate Degree
Quality Assurance & Compliance
1 1 (5.26%) MiFID
Systems Management
1 1 (5.26%) BladeLogic
1 1 (5.26%) Control-M
Vendors
1 4 (21.05%) Oracle
2 1 (5.26%) Atlassian
2 1 (5.26%) Calypso
2 1 (5.26%) Microsoft
2 1 (5.26%) Murex
2 1 (5.26%) Remedy
2 1 (5.26%) Solace
2 1 (5.26%) TIBCO
2 1 (5.26%) Vertica