The table below looks at the prevalence of the term Market Risk in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 3 months to 28 June 2017 with a comparison to the same period over 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
UK
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 420 525 444
Rank change year-on-year +105 -81  
Contract jobs citing Market Risk 192 126 202
As % of all contract IT jobs advertised in the UK 0.41% 0.23% 0.37%
As % of the Miscellaneous category 1.23% 0.70% 1.16%
Number of daily rates quoted 138 96 170
Median daily rate £575 £625 £600
Median daily rate % change year-on-year -8.00% +4.16%  
90% offered a daily rate of more than £396 £475 £406
10% offered a daily rate of more than £738 £775 £713
UK excluding London median daily rate £413 £500 £450
% change year-on-year -17.50% +11.11%  
Number of hourly rates quoted 0 2 0
Median hourly rate - £65.00 -
UK excluding London median hourly rate - - -

Market Risk is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Generic IT Skills
UK
Contract job vacancies with a requirement for generic IT skills 15673 17924 17489
As % of all contract IT job vacancies advertised in the UK 33.27% 33.28% 31.71%
Number of daily rates quoted 14462 16463 15481
Median daily rate £450 £425 £422
Median daily rate % change year-on-year +5.88% +0.71%  
90% offered a daily rate of more than £263 £255 £250
10% offered a daily rate of more than £656 £630 £630
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 682 859 821
Median hourly rate £23.13 £22.50 £19.00
Median hourly rate % change year-on-year +2.77% +18.42%  
90% offered a hourly rate of more than £11.72 £11.60 £11.50
10% offered a hourly rate of more than £50.23 £47.77 £49.19
UK excluding London median hourly rate £25.00 £23.00 £18.50
% change year-on-year +8.69% +24.32%  

Market Risk
Job Vacancy Trend

Job postings citing Market Risk as a percentage of all IT jobs advertised.

Job vacancy trend for Market Risk in the UK

Market Risk
Contractor Daily Rate Trend

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

Contractor daily rate trend for Market Risk in the UK

Market Risk
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Market Risk over the 3 months to 28 June 2017.

Contractor daily rate histogram for Market Risk in the UK

Market Risk
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Market Risk in the UK

Market Risk
Top 5 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 within the UK over the 3 months to 28 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 +99 184 £575 -8.00% 12
London +66 179 £588 -6.00% 12
UK excluding London +41 12 £413 -17.50%
Scotland +35 7 £463 -7.50%
Midlands - 5 £413 -

For the 6 months to 28 June 2017, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Market Risk.

1 188 (58.02%) Finance
2 159 (49.07%) Banking
3 115 (35.49%) Java
4 107 (33.02%) Risk Management
5 101 (31.17%) SQL
6 100 (30.86%) Investment Banking
7 88 (27.16%) Credit Risk
8 87 (26.85%) Front Office
9 72 (22.22%) Agile Software Development
10 69 (21.30%) C#
11 59 (18.21%) C++
12 57 (17.59%) Big Data
13 53 (16.36%) Mathematics
14 46 (14.20%) Hadoop
14 46 (14.20%) Analytics
15 45 (13.89%) Python
16 43 (13.27%) SQL Server
17 42 (12.96%) VBA
17 42 (12.96%) Oracle
17 42 (12.96%) Stress Testing
18 41 (12.65%) Derivative
19 38 (11.73%) Analytical Skills
20 35 (10.80%) .NET
21 33 (10.19%) Microsoft
21 33 (10.19%) Foreign Exchange (FX)
22 32 (9.88%) Business Analysis
22 32 (9.88%) JIRA
23 31 (9.57%) Computer Science
24 30 (9.26%) TDD
24 30 (9.26%) Scala

Market Risk
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 21 (6.48%) Apache Spark
2 11 (3.40%) Oracle Coherence
3 9 (2.78%) Apache Pig
4 8 (2.47%) Cloud Foundry
5 4 (1.23%) DataSynapse
5 4 (1.23%) SAS
6 3 (0.93%) Apache
6 3 (0.93%) Tomcat
7 2 (0.62%) GemFire
8 1 (0.31%) JBoss
8 1 (0.31%) Oracle SOA Suite
8 1 (0.31%) SharePoint
8 1 (0.31%) WebLogic
Applications
1 26 (8.02%) Microsoft Excel
2 22 (6.79%) Microsoft Office
3 4 (1.23%) Microsoft PowerPoint
3 4 (1.23%) MS Visio
4 1 (0.31%) Microsoft Project
4 1 (0.31%) Spreadsheet
Business Applications
1 2 (0.62%) Sylvan
2 1 (0.31%) SAP CO
2 1 (0.31%) SAP FI
2 1 (0.31%) SAP FI/CO
2 1 (0.31%) Summit
2 1 (0.31%) SunGard APT
Cloud Services
1 10 (3.09%) Microsoft Azure
2 9 (2.78%) Amazon AWS
3 8 (2.47%) Cloud Computing
4 1 (0.31%) Google Cloud Platform
4 1 (0.31%) IBM Blueworks
Communications & Networking
1 3 (0.93%) Internet
2 1 (0.31%) HTTPS
Database & Business Intelligence
1 57 (17.59%) Big Data
2 46 (14.20%) Hadoop
3 43 (13.27%) SQL Server
4 24 (7.41%) Relational Database
5 17 (5.25%) Oracle Database
6 13 (4.01%) SQL Server Analysis Services
7 12 (3.70%) HBase
8 10 (3.09%) NoSQL
9 9 (2.78%) Data Mining
10 8 (2.47%) Hazelcast
10 8 (2.47%) MongoDB
10 8 (2.47%) MySQL
11 7 (2.16%) Data Warehouse
11 7 (2.16%) SQL Server Integration Services
12 5 (1.54%) SQL Server Reporting Services
13 4 (1.23%) Data Mart
13 4 (1.23%) MS Access
14 3 (0.93%) Power BI
14 3 (0.93%) QlikView
15 2 (0.62%) Parquet
Development Applications
1 32 (9.88%) JIRA
2 15 (4.63%) Jenkins
2 15 (4.63%) Subversion
2 15 (4.63%) Team Foundation Server
3 10 (3.09%) Visual Studio
4 7 (2.16%) Git (software)
5 6 (1.85%) Maven
6 5 (1.54%) SpecFlow
7 4 (1.23%) JUnit
8 3 (0.93%) Ant
8 3 (0.93%) ClearCase
8 3 (0.93%) Cucumber
8 3 (0.93%) FitNesse
8 3 (0.93%) JSUnit
8 3 (0.93%) Mocha
8 3 (0.93%) PHPUnit
9 2 (0.62%) Atlassian Bamboo
9 2 (0.62%) NUnit
9 2 (0.62%) webpack
10 1 (0.31%) Selenium
General
1 188 (58.02%) Finance
2 159 (49.07%) Banking
3 100 (30.86%) Investment Banking
4 87 (26.85%) Front Office
5 25 (7.72%) Back Office
6 20 (6.17%) Financial Institution
7 4 (1.23%) French Language
7 4 (1.23%) Retail
8 3 (0.93%) Legal
9 2 (0.62%) Corporate Banking
10 1 (0.31%) Advertising
10 1 (0.31%) Japanese Language
10 1 (0.31%) Retail Banking
Job Titles
1 151 (46.60%) Developer
2 101 (31.17%) Analyst
3 64 (19.75%) Risk Analyst
4 55 (16.98%) Business Analyst
5 54 (16.67%) Java Developer
6 46 (14.20%) Market Risk Analyst
7 41 (12.65%) Risk Business Analyst
8 33 (10.19%) Architect
9 31 (9.57%) Quantitative Developer
10 29 (8.95%) Market Risk Business Analyst
11 26 (8.02%) C++ Developer
12 23 (7.10%) Senior Developer
13 21 (6.48%) C# Developer
13 21 (6.48%) Market Risk Developer
14 20 (6.17%) Solutions Architect
15 18 (5.56%) Front Office Developer
15 18 (5.56%) IT Analyst
15 18 (5.56%) IT Risk Analyst
15 18 (5.56%) Python Developer
16 16 (4.94%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 35 (10.80%) .NET
2 22 (6.79%) HTML
3 19 (5.86%) Web Services
4 17 (5.25%) WCF
5 16 (4.94%) CSS
6 15 (4.63%) AngularJS
7 13 (4.01%) Spring
8 12 (3.70%) HTML5
8 12 (3.70%) WPF
9 9 (2.78%) REST
10 8 (2.47%) Kafka
10 8 (2.47%) Node.js
10 8 (2.47%) XML-RPC
11 6 (1.85%) CSS3
11 6 (1.85%) J2EE
11 6 (1.85%) React
12 5 (1.54%) ASP.NET
12 5 (1.54%) Backbone.js
12 5 (1.54%) LINQ
12 5 (1.54%) WF
Miscellaneous
1 88 (27.16%) Credit Risk
2 41 (12.65%) Derivative
3 38 (11.73%) Analytical Skills
4 33 (10.19%) Foreign Exchange (FX)
5 31 (9.57%) Computer Science
6 20 (6.17%) Fixed Income
7 18 (5.56%) Equities
8 10 (3.09%) Algorithms
8 10 (3.09%) Data Structures
9 8 (2.47%) Fintech
10 7 (2.16%) Hedge funds
10 7 (2.16%) User Experience
11 6 (1.85%) Grid Computing
11 6 (1.85%) Virtual Team
12 5 (1.54%) Enterprise Software
12 5 (1.54%) Greenfield Project
12 5 (1.54%) Management Information System
13 4 (1.23%) Credit Derivative
14 3 (0.93%) OTC Derivatives
15 2 (0.62%) Interest Rate Derivative
Operating Systems
1 29 (8.95%) Linux
2 28 (8.64%) Unix
3 20 (6.17%) Windows
Processes & Methodologies
1 107 (33.02%) Risk Management
2 72 (22.22%) Agile Software Development
3 53 (16.36%) Mathematics
4 46 (14.20%) Analytics
5 42 (12.96%) Stress Testing
6 32 (9.88%) Business Analysis
7 30 (9.26%) TDD
8 27 (8.33%) Business Intelligence
8 27 (8.33%) Data Analysis
9 26 (8.02%) Multithreading
9 26 (8.02%) Scrum
10 22 (6.79%) Continuous Integration
10 22 (6.79%) PnL Attribution
11 21 (6.48%) Data Modelling
11 21 (6.48%) Machine Learning
12 20 (6.17%) SDLC
12 20 (6.17%) Validation
13 16 (4.94%) Stakeholder Management
14 15 (4.63%) Asset Management
15 14 (4.32%) OO
Programming Languages
1 115 (35.49%) Java
2 101 (31.17%) SQL
3 69 (21.30%) C#
4 59 (18.21%) C++
5 45 (13.89%) Python
6 42 (12.96%) VBA
7 30 (9.26%) Scala
8 20 (6.17%) JavaScript
9 18 (5.56%) R
10 13 (4.01%) PowerShell
11 10 (3.09%) Korn
12 7 (2.16%) T-SQL
13 6 (1.85%) PL/SQL
13 6 (1.85%) Shell Script
14 5 (1.54%) C
15 4 (1.23%) ES6
15 4 (1.23%) Perl
16 3 (0.93%) MATLAB
17 2 (0.62%) VB.NET
18 1 (0.31%) VB
Qualifications
1 27 (8.33%) Degree
2 13 (4.01%) PhD
3 10 (3.09%) Numerate Degree
4 8 (2.47%) Computer Science Degree
5 3 (0.93%) CFA
5 3 (0.93%) Master's Degree
6 2 (0.62%) CIMA
7 1 (0.31%) A+ Certification
7 1 (0.31%) PMI Certification
Quality Assurance & Compliance
1 21 (6.48%) Data Quality
2 13 (4.01%) Dodd-Frank
3 10 (3.09%) MiFID
4 4 (1.23%) COREP
5 3 (0.93%) Basel II
5 3 (0.93%) QA
6 2 (0.62%) Basel III
6 2 (0.62%) Solvency II
7 1 (0.31%) CRD IV
7 1 (0.31%) EMIR
7 1 (0.31%) FATCA
7 1 (0.31%) SLA
System Software
1 6 (1.85%) Docker
2 3 (0.93%) HDFS
Systems Management
1 7 (2.16%) Control-M
2 5 (1.54%) Dollar Universe
3 2 (0.62%) BladeLogic
4 1 (0.31%) HP Quality Center
4 1 (0.31%) Oozie
4 1 (0.31%) Puppet
Vendors
1 42 (12.96%) Oracle
2 33 (10.19%) Microsoft
3 17 (5.25%) Murex
4 16 (4.94%) Sybase
5 10 (3.09%) Calypso
5 10 (3.09%) Cloudera
6 8 (2.47%) Sophis
7 4 (1.23%) SAP
8 3 (0.93%) Remedy
8 3 (0.93%) Vertica
9 2 (0.62%) Algorithmics
9 2 (0.62%) Atlassian
9 2 (0.62%) BISAM
9 2 (0.62%) Bloomberg
9 2 (0.62%) FactSet
9 2 (0.62%) Perforce
9 2 (0.62%) StatPro
9 2 (0.62%) Tableau
9 2 (0.62%) Teradata
9 2 (0.62%) Wallstreet Suite
London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 5 days ago
City, London
Haysfm
Rate: £550.00 - £650.00 per day
Posted: 6 days ago
London
Hays London City Cheapside
Rate: £500.00 - £610.00 per day
Posted: 5 days ago
London
HFG
Rate: £500 - £800 per annum
Posted: 6 days ago