Period
to 21 June 2018

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 6 months to 21 June 2018 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
6 months to
21 Jun 2018
Same period 2017 Same period 2016
Rank 711 549 619
Rank change year-on-year -162 +70 -110
Contract jobs citing Market Risk 168 308 285
As % of all contract IT jobs advertised in the UK 0.17% 0.34% 0.27%
As % of the Miscellaneous category 0.50% 0.99% 0.79%
Number of daily rates quoted 128 244 207
UK median daily rate £613 £588 £625
Median daily rate % change year-on-year +4.26% -6.00% +6.38%
10th Percentile £400 £401 £466
90th Percentile £900 £725 £825
UK excluding London median daily rate £375 £475 £500
% change year-on-year -21.05% -5.00% +25.00%
Number of hourly rates quoted 0 0 2
UK median hourly rate - - £65.00
UK excluding London median hourly rate - - -

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

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 33,747 31,149 36,067
As % of all contract IT jobs advertised in the UK 33.73% 34.17% 33.80%
Number of daily rates quoted 22,035 20,194 23,607
UK median daily rate £455 £445 £425
Median daily rate % change year-on-year +2.25% +4.71% +6.25%
10th Percentile £271 £263 £250
90th Percentile £656 £638 £625
UK excluding London median daily rate £405 £400 £380
% change year-on-year +1.25% +5.26% +3.40%
Number of hourly rates quoted 1,051 1,092 1,206
UK median hourly rate £22.50 £20.00 £21.34
Median hourly rate % change year-on-year +12.50% -6.28% +17.33%
10th Percentile £11.80 £11.25 £11.50
90th Percentile £52.50 £50.00 £51.00
UK excluding London median hourly rate £21.50 £18.50 £21.25
% change year-on-year +16.22% -12.94% +21.43%

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 6 months to 21 June 2018.

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 9 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 6 months to 21 June 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 -176 166 £613 +4.26% 7
London -148 161 £613 +4.26% 7
UK excluding London -2 7 £375 -21.05% 1
Yorkshire -10 3 £225 -55.00%
North of England -29 3 £225 -55.00%
Scotland -41 2 £390 -15.68% 1
East Midlands - 1 £360 -
Midlands - 1 £360 -
South East - 1 £475 -

For the 6 months to 21 June 2018, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads with a requirement for Market Risk.

1 101 (60.12%) Finance
2 64 (38.10%) C#
3 63 (37.50%) Banking
4 58 (34.52%) Risk Management
5 53 (31.55%) Front Office
6 51 (30.36%) SQL
7 44 (26.19%) Investment Banking
8 43 (25.60%) Agile Software Development
9 41 (24.40%) .NET
10 40 (23.81%) Credit Risk
11 37 (22.02%) Derivative
12 34 (20.24%) SQL Server
13 31 (18.45%) Analytics
14 30 (17.86%) Java
15 28 (16.67%) Microsoft
16 25 (14.88%) Oracle
17 22 (13.10%) OO
17 22 (13.10%) Problem-Solving
18 21 (12.50%) Mathematics
19 19 (11.31%) C++
20 18 (10.71%) Python
20 18 (10.71%) Data Modelling
20 18 (10.71%) ETL
20 18 (10.71%) WCF
20 18 (10.71%) Hadoop
21 17 (10.12%) SQL Server Analysis Services
21 17 (10.12%) Data Analysis
21 17 (10.12%) VBA
22 16 (9.52%) Foreign Exchange (FX)
22 16 (9.52%) Physics

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 12 (7.14%) Apache Spark
2 8 (4.76%) IBM HTTP Server
3 7 (4.17%) Oracle SOA Suite
4 6 (3.57%) Tomcat
5 4 (2.38%) Confluence
5 4 (2.38%) JBoss
5 4 (2.38%) WebLogic
6 3 (1.79%) Oracle Coherence
7 2 (1.19%) Apache
8 1 (0.60%) nginx
8 1 (0.60%) NServiceBus
8 1 (0.60%) SharePoint
8 1 (0.60%) WebSphere
Applications
1 9 (5.36%) Microsoft Excel
2 4 (2.38%) MS Visio
3 3 (1.79%) Microsoft PowerPoint
4 2 (1.19%) Microsoft Office
Business Applications
1 3 (1.79%) Summit
Cloud Services
1 8 (4.76%) Cloud Computing
2 6 (3.57%) OpenShift
3 5 (2.98%) Amazon AWS
4 4 (2.38%) Microsoft Azure
5 2 (1.19%) Google Analytics
Communications & Networking
1 2 (1.19%) SMS
2 1 (0.60%) HTTP
Database & Business Intelligence
1 34 (20.24%) SQL Server
2 18 (10.71%) Hadoop
3 17 (10.12%) SQL Server Analysis Services
4 14 (8.33%) Big Data
4 14 (8.33%) SQL Server Integration Services
5 12 (7.14%) SQL Server Reporting Services
6 11 (6.55%) BusinessObjects
7 10 (5.95%) Relational Database
8 7 (4.17%) MongoDB
8 7 (4.17%) RDBMS
9 6 (3.57%) Apache Hive
9 6 (3.57%) Data Lake
9 6 (3.57%) Impala
9 6 (3.57%) Oracle Database
9 6 (3.57%) Power BI
10 5 (2.98%) Blockchain
10 5 (2.98%) NoSQL
10 5 (2.98%) OLAP
11 4 (2.38%) Data Warehouse
11 4 (2.38%) SAP HANA
Development Applications
1 9 (5.36%) Jenkins
1 9 (5.36%) JIRA
2 6 (3.57%) Subversion
3 5 (2.98%) Maven
3 5 (2.98%) Team Foundation Server
4 4 (2.38%) Atlassian Bamboo
4 4 (2.38%) Git (software)
5 3 (1.79%) Bitbucket
5 3 (1.79%) JUnit
5 3 (1.79%) TeamCity
6 2 (1.19%) Ant
6 2 (1.19%) ClearCase
6 2 (1.19%) Cucumber
6 2 (1.19%) IntelliJ
6 2 (1.19%) SonarQube
6 2 (1.19%) SpecFlow
6 2 (1.19%) tSQLt
7 1 (0.60%) HP UFT
7 1 (0.60%) jMock
7 1 (0.60%) Visual Studio
General
1 101 (60.12%) Finance
2 63 (37.50%) Banking
3 53 (31.55%) Front Office
4 44 (26.19%) Investment Banking
5 9 (5.36%) Financial Institution
6 7 (4.17%) Back Office
7 3 (1.79%) Retail
8 2 (1.19%) Games
8 2 (1.19%) Legal
9 1 (0.60%) International Banking
Job Titles
1 96 (57.14%) Developer
2 55 (32.74%) Analyst
3 47 (27.98%) C# Developer
4 32 (19.05%) Risk Analyst
5 29 (17.26%) Market Risk Developer
6 24 (14.29%) Senior Developer
7 21 (12.50%) Qualitative Analyst
7 21 (12.50%) Quantitative Analyst
8 20 (11.90%) Market Risk Analyst
9 19 (11.31%) .NET Developer
10 18 (10.71%) Quantitative Developer
11 17 (10.12%) Senior C# Developer
12 15 (8.93%) Business Analyst
13 14 (8.33%) C# Quant Developer
13 14 (8.33%) Java Developer
14 13 (7.74%) Analyst Developer
14 13 (7.74%) Quantitative Analyst Developer
15 12 (7.14%) C++ Developer
15 12 (7.14%) C++/C# Developer
15 12 (7.14%) Market Analyst
Libraries, Frameworks & Software Standards
1 41 (24.40%) .NET
2 18 (10.71%) WCF
3 12 (7.14%) WF
4 10 (5.95%) ASP.NET
5 9 (5.36%) .NET Framework
5 9 (5.36%) WPF
6 8 (4.76%) XSLT
7 6 (3.57%) HTML
8 5 (2.98%) HTML5
8 5 (2.98%) Java EE
9 4 (2.38%) LINQ
9 4 (2.38%) MDX
9 4 (2.38%) REST
10 3 (1.79%) CSS
10 3 (1.79%) Kafka
10 3 (1.79%) Reactive Extensions
10 3 (1.79%) RESTful
10 3 (1.79%) Task Parallel Library
10 3 (1.79%) Web Services
10 3 (1.79%) XML
Miscellaneous
1 40 (23.81%) Credit Risk
2 37 (22.02%) Derivative
3 16 (9.52%) Foreign Exchange (FX)
4 15 (8.93%) Analytical Skills
5 12 (7.14%) Fixed Income
5 12 (7.14%) Grid Computing
6 9 (5.36%) Computer Science
6 9 (5.36%) Greenfield Project
7 7 (4.17%) Equities
7 7 (4.17%) Management Information System
7 7 (4.17%) Self-Motivation
8 5 (2.98%) Data Structures
9 3 (1.79%) Enterprise Software
9 3 (1.79%) SWIFT
10 2 (1.19%) Linux Command Line
10 2 (1.19%) OTC Derivatives
10 2 (1.19%) Swaptions
10 2 (1.19%) User Experience
11 1 (0.60%) Interest Rate Derivative
11 1 (0.60%) Wiki
Operating Systems
1 8 (4.76%) Linux
2 5 (2.98%) Unix
3 4 (2.38%) Windows
Processes & Methodologies
1 58 (34.52%) Risk Management
2 43 (25.60%) Agile Software Development
3 31 (18.45%) Analytics
4 22 (13.10%) OO
4 22 (13.10%) Problem-Solving
5 21 (12.50%) Mathematics
6 18 (10.71%) Data Modelling
6 18 (10.71%) ETL
7 17 (10.12%) Data Analysis
8 16 (9.52%) Physics
8 16 (9.52%) Quantitative Analysis
8 16 (9.52%) Stress Testing
9 14 (8.33%) Business Intelligence
9 14 (8.33%) Risk Analytics
9 14 (8.33%) Stochastic Modelling
9 14 (8.33%) TDD
10 13 (7.74%) Quantitative Finance
11 11 (6.55%) Change Management
11 11 (6.55%) Functional Programming
11 11 (6.55%) Validation
Programming Languages
1 64 (38.10%) C#
2 51 (30.36%) SQL
3 30 (17.86%) Java
4 19 (11.31%) C++
5 18 (10.71%) Python
6 17 (10.12%) VBA
7 14 (8.33%) Scala
8 7 (4.17%) JavaScript
9 6 (3.57%) T-SQL
10 4 (2.38%) MATLAB
10 4 (2.38%) PowerShell
10 4 (2.38%) XMLA
11 3 (1.79%) R
12 2 (1.19%) C
12 2 (1.19%) Perl
13 1 (0.60%) Bash Shell
13 1 (0.60%) Java 8
13 1 (0.60%) VB
Qualifications
1 11 (6.55%) Degree
2 4 (2.38%) Computer Science Degree
2 4 (2.38%) TOGAF Certification
3 2 (1.19%) Master's Degree
3 2 (1.19%) PhD
4 1 (0.60%) PMI Certification
Quality Assurance & Compliance
1 3 (1.79%) Data Quality
1 3 (1.79%) QA
2 2 (1.19%) Basel II
2 2 (1.19%) Dodd-Frank
3 1 (0.60%) EMIR
3 1 (0.60%) IFRS
System Software
1 1 (0.60%) HDFS
Systems Management
1 9 (5.36%) Control-M
2 1 (0.60%) Dollar Universe
2 1 (0.60%) Hadoop YARN
2 1 (0.60%) HP ALM
Vendors
1 28 (16.67%) Microsoft
2 25 (14.88%) Oracle
3 13 (7.74%) Informatica
4 6 (3.57%) Cloudera
5 5 (2.98%) SAP
6 2 (1.19%) Google
6 2 (1.19%) OpenLink
6 2 (1.19%) TIBCO
7 1 (0.60%) Atlassian
7 1 (0.60%) Calypso
7 1 (0.60%) HP
7 1 (0.60%) Murex
7 1 (0.60%) Sophis
7 1 (0.60%) Sun
7 1 (0.60%) Sybase
7 1 (0.60%) Tableau