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 27 March 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.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Market Risk
UK
Rank 451 489 453
Rank change year-on-year +38 -36  
Contract jobs citing Market Risk 132 153 181
As % of all contract IT jobs advertised in the UK 0.29% 0.29% 0.34%
As % of the Miscellaneous category 0.92% 0.92% 1.11%
Number of daily rates quoted 109 101 143
Median daily rate £600 £625 £588
Median daily rate % change year-on-year -4.00% +6.38%  
90% offered a daily rate of more than £440 £475 £400
10% offered a daily rate of more than £700 £1,100 £750
UK excluding London median daily rate £623 £450 £400
% change year-on-year +38.33% +12.50%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
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 14367 16563 16345
As % of all contract IT job vacancies advertised in the UK 31.99% 31.11% 30.25%
Number of daily rates quoted 9277 10795 9852
Median daily rate £445 £425 £420
Median daily rate % change year-on-year +4.70% +1.19%  
90% offered a daily rate of more than £265 £260 £250
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 538 562 696
Median hourly rate £22.50 £22.84 £18.75
Median hourly rate % change year-on-year -1.46% +21.78%  
90% offered a hourly rate of more than £11.33 £12.50 £11.77
10% offered a hourly rate of more than £50.00 £51.00 £45.00
UK excluding London median hourly rate £18.68 £27.75 £18.75
% change year-on-year -32.68% +48.00%  

Market Risk
Job Vacancy Trend

The job posting trend of jobs advertised citing Market Risk as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 27 March 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 hourly rates quoted in IT contractor jobs citing Market Risk.

Contractor hourly rate trend for Market Risk in the UK

Market Risk
Top 8 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 27 March 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 +29 130 £598 -4.40% 18
London +17 129 £599 -4.20% 17
City of London +5 34 £595 -4.80% 7
Docklands, London - 5 £588 -
Canary Wharf -2 2 £625 -25.59%
Yorkshire +18 1 £500 -9.09%
Leeds - 1 £500 -
West Yorkshire - 1 £500 -

Market Risk
Top 30 Related IT Skills

For the 6 months to 27 March 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.

1 182 (65.23%) Finance
2 129 (46.24%) Banking
3 84 (30.11%) Risk Management
3 84 (30.11%) Credit Risk
4 80 (28.67%) Java
5 70 (25.09%) C++
6 69 (24.73%) Mathematics
7 64 (22.94%) C#
8 62 (22.22%) SQL
9 58 (20.79%) Investment Banking
10 55 (19.71%) Front Office
11 54 (19.35%) Derivative
12 53 (19.00%) Agile Software Development
13 38 (13.62%) Oracle
13 38 (13.62%) Analytics
14 37 (13.26%) OO
15 35 (12.54%) Foreign Exchange (FX)
16 34 (12.19%) SQL Server
16 34 (12.19%) Analytical Skills
17 32 (11.47%) Degree
17 32 (11.47%) Big Data
18 30 (10.75%) Python
19 26 (9.32%) Multithreading
19 26 (9.32%) PnL Attribution
20 25 (8.96%) Business Analysis
21 24 (8.60%) .NET
22 23 (8.24%) Project Management
22 23 (8.24%) Scrum
22 23 (8.24%) SDLC
23 22 (7.89%) Stress Testing

Market Risk
Top Related 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 19 (6.81%) Apache Spark
2 12 (4.30%) Oracle Coherence
3 6 (2.15%) JBoss
3 6 (2.15%) WebLogic
4 5 (1.79%) Apache Pig
4 5 (1.79%) DataSynapse
4 5 (1.79%) Tomcat
5 3 (1.08%) SAS
6 1 (0.36%) Apache
6 1 (0.36%) GemFire
6 1 (0.36%) WebSphere
6 1 (0.36%) WebSphere Application Server
Applications
1 18 (6.45%) MS Office
2 12 (4.30%) MS Excel
3 5 (1.79%) MS PowerPoint
4 1 (0.36%) MS Project
4 1 (0.36%) MS Visio
Business Applications
1 4 (1.43%) Adaptiv
2 1 (0.36%) SAP CO
2 1 (0.36%) SAP FI
2 1 (0.36%) SAP FI/CO
2 1 (0.36%) SAP Oil and Gas
2 1 (0.36%) Sylvan
Cloud Services
1 2 (0.72%) Amazon AWS
2 1 (0.36%) Google Cloud Platform
2 1 (0.36%) IBM Blueworks
2 1 (0.36%) OpenShift
2 1 (0.36%) PaaS
Communications & Networking
1 1 (0.36%) Internet
Database & Business Intelligence
1 34 (12.19%) SQL Server
2 32 (11.47%) Big Data
3 20 (7.17%) Hadoop
4 12 (4.30%) Oracle Database
4 12 (4.30%) Relational Database
5 8 (2.87%) Apache Cassandra
6 7 (2.51%) BusinessObjects
6 7 (2.51%) Hazelcast
6 7 (2.51%) SQL Server Analysis Services
7 6 (2.15%) Data Warehouse
7 6 (2.15%) SQL Server Integration Services
8 5 (1.79%) Data Lake
9 4 (1.43%) Data Mart
9 4 (1.43%) Power BI
9 4 (1.43%) SQL Server Reporting Services
10 2 (0.72%) SQL Server 2016
11 1 (0.36%) Blockchain
11 1 (0.36%) Qlik Sense
11 1 (0.36%) QlikView
11 1 (0.36%) SAS Enterprise Guide
Development Applications
1 22 (7.89%) Subversion
2 20 (7.17%) JIRA
3 11 (3.94%) Jenkins
4 8 (2.87%) Team Foundation Server
5 4 (1.43%) Visual Studio
6 3 (1.08%) Cucumber
6 3 (1.08%) Git (software)
6 3 (1.08%) JSUnit
6 3 (1.08%) JUnit
6 3 (1.08%) Mocha
6 3 (1.08%) PHPUnit
7 2 (0.72%) Maven
7 2 (0.72%) NUnit
7 2 (0.72%) webpack
8 1 (0.36%) Grunt
8 1 (0.36%) Jasmine
8 1 (0.36%) SpecFlow
General
1 182 (65.23%) Finance
2 129 (46.24%) Banking
3 58 (20.79%) Investment Banking
4 55 (19.71%) Front Office
5 16 (5.73%) Financial Institution
6 10 (3.58%) Retail
7 9 (3.23%) Back Office
8 4 (1.43%) French Language
8 4 (1.43%) Retail Banking
9 2 (0.72%) Corporate Banking
9 2 (0.72%) Wholesale Banking
10 1 (0.36%) Advertising
10 1 (0.36%) Marketing
Job Titles
1 131 (46.95%) Developer
2 81 (29.03%) Analyst
3 54 (19.35%) Risk Analyst
4 44 (15.77%) Business Analyst
5 43 (15.41%) Market Risk Analyst
6 35 (12.54%) Architect
6 35 (12.54%) Java Developer
7 33 (11.83%) Market Risk Developer
7 33 (11.83%) Quantitative Developer
8 29 (10.39%) C++ Developer
8 29 (10.39%) Risk Business Analyst
9 25 (8.96%) C# Developer
9 25 (8.96%) Senior Developer
9 25 (8.96%) Solutions Architect
10 21 (7.53%) Market Risk Business Analyst
11 19 (6.81%) Market Risk Java Developer
12 17 (6.09%) MATLAB Developer
13 16 (5.73%) Senior Java Developer
14 15 (5.38%) Market Analyst
15 14 (5.02%) Qualitative Analyst
Libraries, Frameworks & Software Standards
1 24 (8.60%) .NET
2 13 (4.66%) Web Services
3 10 (3.58%) WCF
4 8 (2.87%) Spring
4 8 (2.87%) STL
5 7 (2.51%) J2EE
5 7 (2.51%) WPF
6 4 (1.43%) AngularJS
6 4 (1.43%) CSS
6 4 (1.43%) HTML
6 4 (1.43%) HTML5
6 4 (1.43%) Node.js
6 4 (1.43%) RESTful
6 4 (1.43%) SOAP
6 4 (1.43%) WF
6 4 (1.43%) XML
7 3 (1.08%) ASP.NET
7 3 (1.08%) CORBA
7 3 (1.08%) Twitter Bootstrap
7 3 (1.08%) XSD
Miscellaneous
1 84 (30.11%) Credit Risk
2 54 (19.35%) Derivative
3 35 (12.54%) Foreign Exchange (FX)
4 34 (12.19%) Analytical Skills
5 21 (7.53%) Equities
6 19 (6.81%) Fixed Income
7 11 (3.94%) Management Information System
8 10 (3.58%) Algorithms
8 10 (3.58%) Computer Science
9 9 (3.23%) Credit Derivative
10 7 (2.51%) Grid Computing
10 7 (2.51%) Taxonomies
11 6 (2.15%) User Experience
11 6 (2.15%) Virtual Team
12 4 (1.43%) OTC Derivatives
13 3 (1.08%) Data Structures
14 2 (0.72%) Equity Derivative
15 1 (0.36%) Interest Rate Derivative
15 1 (0.36%) N-Tier
15 1 (0.36%) Tandem
Operating Systems
1 19 (6.81%) Unix
2 10 (3.58%) Linux
3 8 (2.87%) Windows
Processes & Methodologies
1 84 (30.11%) Risk Management
2 69 (24.73%) Mathematics
3 53 (19.00%) Agile Software Development
4 38 (13.62%) Analytics
5 37 (13.26%) OO
6 26 (9.32%) Multithreading
6 26 (9.32%) PnL Attribution
7 25 (8.96%) Business Analysis
8 23 (8.24%) Project Management
8 23 (8.24%) Scrum
8 23 (8.24%) SDLC
9 22 (7.89%) Stress Testing
10 21 (7.53%) Physics
10 21 (7.53%) Quantitative Finance
10 21 (7.53%) Validation
11 20 (7.17%) Mathematical Modelling
12 19 (6.81%) Data Modelling
13 18 (6.45%) Continuous Integration
13 18 (6.45%) OOP
14 17 (6.09%) Monte Carlo Method
Programming Languages
1 80 (28.67%) Java
2 70 (25.09%) C++
3 64 (22.94%) C#
4 62 (22.22%) SQL
5 30 (10.75%) Python
6 22 (7.89%) MATLAB
7 19 (6.81%) Scala
7 19 (6.81%) VBA
8 9 (3.23%) Korn
8 9 (3.23%) PowerShell
9 8 (2.87%) C
9 8 (2.87%) Haskell
10 6 (2.15%) Perl
10 6 (2.15%) Shell Script
11 3 (1.08%) JavaScript
11 3 (1.08%) PL/SQL
12 2 (0.72%) ES6
12 2 (0.72%) R
13 1 (0.36%) T-SQL
13 1 (0.36%) VB
Qualifications
1 32 (11.47%) Degree
2 15 (5.38%) PhD
3 3 (1.08%) CBAP
3 3 (1.08%) ISEB
3 3 (1.08%) Six Sigma Black Belt
4 1 (0.36%) CFA
Quality Assurance & Compliance
1 13 (4.66%) MiFID
2 11 (3.94%) Dodd-Frank
3 10 (3.58%) Data Quality
3 10 (3.58%) QA
4 8 (2.87%) Basel III
5 6 (2.15%) PMO
6 4 (1.43%) Solvency II
7 3 (1.08%) EMIR
7 3 (1.08%) SLA
8 2 (0.72%) IFRS
8 2 (0.72%) IFRS 9
9 1 (0.36%) FATCA
System Software
1 1 (0.36%) Active Directory
Systems Management
1 5 (1.79%) Control-M
2 4 (1.43%) Dollar Universe
3 1 (0.36%) HP Quality Center
3 1 (0.36%) Puppet
Vendors
1 38 (13.62%) Oracle
2 22 (7.89%) Microsoft
3 12 (4.30%) Sybase
4 9 (3.23%) Murex
5 7 (2.51%) Algorithmics
6 6 (2.15%) Sophis
7 5 (1.79%) Calypso
7 5 (1.79%) Cloudera
8 3 (1.08%) TIBCO
8 3 (1.08%) Vertica
9 2 (0.72%) Infragistics
9 2 (0.72%) Perforce
9 2 (0.72%) SAP
10 1 (0.36%) Ab Initio
10 1 (0.36%) BISAM
10 1 (0.36%) GoldenSource
10 1 (0.36%) Google
10 1 (0.36%) IBM
10 1 (0.36%) Red Hat
10 1 (0.36%) StatPro
City, London
TEKsystems
Rate: £550 - £625 per day
Posted: 8 hours ago
London
Hays Finance Technology
Rate: £500.00 - £575.00 per day
Posted: 1 hour ago
London
Harvey Nash plc
Rate: £550 - £600 per day
Posted: 1 hour ago
London
Hays Finance Technology
Posted: 2 days ago
London
Harrington Starr
Rate: £500 - £550 per day
Posted: 5 days ago
City of London
Hays London City Cheapside
Rate: £450.00 - £500.00 per day
Posted: 7 days ago
London
Hays Finance Technology
Rate: £550.00 - £640.00 per day
Posted: 5 days ago
London
Cititec
Posted: 6 days ago
City, London
Harrington Starr
Rate: £600 - £700 per day
Posted: 5 days ago