Period
to 21 September 2017

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 September 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
6 months to
21 Sep 2017
Same period 2016 Same period 2015
Rank 473 646 505
Rank change year-on-year +173 -141 +2
Contract jobs citing Market Risk 425 248 433
As % of all contract IT jobs advertised in the UK 0.43% 0.23% 0.38%
As % of the Miscellaneous category 1.29% 0.69% 1.19%
Number of daily rates quoted 312 171 352
UK median daily rate £600 £625 £575
Median daily rate % change year-on-year -4.00% +8.70% +4.55%
10th Percentile £413 £475 £406
90th Percentile £848 £788 £700
UK excluding London median daily rate £431 £500 £400
% change year-on-year -13.75% +25.00% -19.19%
Number of hourly rates quoted 0 2 0
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 32953 35792 36527
As % of all contract IT jobs advertised in the UK 33.37% 33.26% 32.19%
Number of daily rates quoted 21602 23512 23010
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £250 £240
90th Percentile £650 £625 £613
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 983 1195 1415
UK median hourly rate £21.90 £21.00 £18.88
Median hourly rate % change year-on-year +4.29% +11.23% -3.80%
10th Percentile £11.25 £11.62 £11.25
90th Percentile £50.00 £46.93 £47.33
UK excluding London median hourly rate £20.75 £21.00 £18.00
% change year-on-year -1.19% +16.67% -6.49%

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 September 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 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 September 2017. 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 +172 415 £600 -4.00% 9
London +139 404 £600 -4.95% 9
UK excluding London +43 19 £431 -13.75%
Scotland +32 8 £463 -7.50%
Midlands +31 5 £413 +17.86%
South East +25 5 £600 -7.69%
East Midlands - 5 £413 -
North of England +61 1 - -
North West - 1 - -

For the 6 months to 21 September 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.

1 242 (56.94%) Finance
2 191 (44.94%) Banking
3 162 (38.12%) Front Office
4 147 (34.59%) Investment Banking
5 142 (33.41%) Java
6 139 (32.71%) SQL
7 138 (32.47%) Risk Management
8 127 (29.88%) Credit Risk
9 114 (26.82%) C#
10 111 (26.12%) Agile Software Development
11 83 (19.53%) Derivative
12 71 (16.71%) C++
13 65 (15.29%) Analytics
14 63 (14.82%) Mathematics
15 60 (14.12%) .NET
15 60 (14.12%) Python
16 56 (13.18%) Foreign Exchange (FX)
16 56 (13.18%) Big Data
17 55 (12.94%) SQL Server
18 54 (12.71%) Fixed Income
18 54 (12.71%) Stress Testing
19 49 (11.53%) Hadoop
20 48 (11.29%) JIRA
21 44 (10.35%) JavaScript
22 43 (10.12%) VBA
23 41 (9.65%) WCF
24 40 (9.41%) Business Analysis
24 40 (9.41%) TDD
25 38 (8.94%) Scala
25 38 (8.94%) AngularJS

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 23 (5.41%) Apache Spark
2 11 (2.59%) Tomcat
3 8 (1.88%) Apache Pig
3 8 (1.88%) Cloud Foundry
4 6 (1.41%) Apache
5 4 (0.94%) Oracle Coherence
5 4 (0.94%) SharePoint
6 3 (0.71%) SAS
7 2 (0.47%) GemFire
8 1 (0.24%) DataSynapse
8 1 (0.24%) Oracle SOA Suite
8 1 (0.24%) WebSphere
Applications
1 36 (8.47%) Microsoft Excel
2 23 (5.41%) Microsoft Office
3 9 (2.12%) Microsoft PowerPoint
4 6 (1.41%) Microsoft Project
5 5 (1.18%) MS Visio
6 1 (0.24%) Spreadsheet
Business Applications
1 2 (0.47%) Sylvan
2 1 (0.24%) Markit EDM
2 1 (0.24%) Summit
2 1 (0.24%) SunGard APT
Cloud Services
1 10 (2.35%) Microsoft Azure
2 8 (1.88%) Amazon AWS
2 8 (1.88%) Cloud Computing
Communications & Networking
1 6 (1.41%) SMS
2 2 (0.47%) Internet
3 1 (0.24%) HTTP
3 1 (0.24%) HTTPS
Database & Business Intelligence
1 56 (13.18%) Big Data
2 55 (12.94%) SQL Server
3 49 (11.53%) Hadoop
4 28 (6.59%) NoSQL
5 25 (5.88%) MongoDB
6 22 (5.18%) Relational Database
7 19 (4.47%) SQL Server Reporting Services
8 17 (4.00%) HBase
9 14 (3.29%) SQL Server Analysis Services
10 10 (2.35%) Data Mining
11 8 (1.88%) Apache Hive
11 8 (1.88%) Data Warehouse
11 8 (1.88%) MS Access
11 8 (1.88%) MySQL
12 7 (1.65%) Impala
13 6 (1.41%) Oracle Database
13 6 (1.41%) SQL Server 2012
14 5 (1.18%) Hazelcast
14 5 (1.18%) QlikView
15 4 (0.94%) SQL Server 2008
Development Applications
1 48 (11.29%) JIRA
2 27 (6.35%) Subversion
3 21 (4.94%) Atlassian Bamboo
4 12 (2.82%) Git (software)
5 10 (2.35%) Team Foundation Server
6 9 (2.12%) Jenkins
7 8 (1.88%) Maven
7 8 (1.88%) Visual Studio
8 6 (1.41%) Cucumber
9 5 (1.18%) Ant
9 5 (1.18%) ClearCase
9 5 (1.18%) Jasmine
9 5 (1.18%) Mocha
9 5 (1.18%) SpecFlow
10 4 (0.94%) FitNesse
10 4 (0.94%) JUnit
11 3 (0.71%) Selenium
12 2 (0.47%) Mockito
12 2 (0.47%) NUnit
12 2 (0.47%) TeamCity
General
1 242 (56.94%) Finance
2 191 (44.94%) Banking
3 162 (38.12%) Front Office
4 147 (34.59%) Investment Banking
5 24 (5.65%) Back Office
6 21 (4.94%) Financial Institution
7 4 (0.94%) Legal
8 3 (0.71%) Retail
9 2 (0.47%) French Language
9 2 (0.47%) International Banking
9 2 (0.47%) Japanese Language
10 1 (0.24%) Retail Banking
Job Titles
1 210 (49.41%) Developer
2 131 (30.82%) Analyst
3 88 (20.71%) Risk Analyst
4 79 (18.59%) Business Analyst
5 68 (16.00%) Java Developer
6 57 (13.41%) Market Risk Analyst
7 52 (12.24%) Quantitative Developer
7 52 (12.24%) Risk Business Analyst
8 38 (8.94%) Market Risk Business Analyst
9 37 (8.71%) C# Developer
10 35 (8.24%) Banking Analyst
11 34 (8.00%) Qualitative Analyst
11 34 (8.00%) Quantitative Analyst
12 33 (7.76%) Quantitative Risk Analyst
13 31 (7.29%) Credit Risk Developer
14 29 (6.82%) Analytics Developer
15 28 (6.59%) Market Risk Developer
16 27 (6.35%) Risk Manager
17 26 (6.12%) JavaScript Developer
18 25 (5.88%) C++ Developer
Libraries, Frameworks & Software Standards
1 60 (14.12%) .NET
2 41 (9.65%) WCF
3 38 (8.94%) AngularJS
4 37 (8.71%) WPF
5 28 (6.59%) HTML
6 27 (6.35%) Node.js
7 22 (5.18%) .NET Framework
8 20 (4.71%) CSS
8 20 (4.71%) Web Services
9 18 (4.24%) HTML5
10 16 (3.76%) Reactive Extensions
11 15 (3.53%) Task Parallel Library
12 13 (3.06%) REST
13 12 (2.82%) Kafka
14 10 (2.35%) CSS3
14 10 (2.35%) React
15 8 (1.88%) LINQ
15 8 (1.88%) Spring
15 8 (1.88%) XML
15 8 (1.88%) XML-RPC
Miscellaneous
1 127 (29.88%) Credit Risk
2 83 (19.53%) Derivative
3 56 (13.18%) Foreign Exchange (FX)
4 54 (12.71%) Fixed Income
5 36 (8.47%) Analytical Skills
6 27 (6.35%) Computer Science
6 27 (6.35%) Equities
7 22 (5.18%) Enterprise Software
8 20 (4.71%) Greenfield Project
9 17 (4.00%) Fintech
10 12 (2.82%) Data Structures
11 8 (1.88%) User Experience
12 7 (1.65%) Hedge funds
13 5 (1.18%) Grid Computing
13 5 (1.18%) Interest Rate Derivative
14 4 (0.94%) Credit Derivative
14 4 (0.94%) Equity Derivative
14 4 (0.94%) Virtual Team
15 3 (0.71%) Management Information System
16 2 (0.47%) Algorithms
Operating Systems
1 29 (6.82%) Linux
2 22 (5.18%) Unix
2 22 (5.18%) Windows
Processes & Methodologies
1 138 (32.47%) Risk Management
2 111 (26.12%) Agile Software Development
3 65 (15.29%) Analytics
4 63 (14.82%) Mathematics
5 54 (12.71%) Stress Testing
6 40 (9.41%) Business Analysis
6 40 (9.41%) TDD
7 37 (8.71%) Asset Management
8 33 (7.76%) Front End Development
8 33 (7.76%) Validation
9 29 (6.82%) Physics
9 29 (6.82%) PnL Attribution
10 28 (6.59%) Multithreading
10 28 (6.59%) User Acceptance Testing
11 27 (6.35%) Project Management
11 27 (6.35%) Stakeholder Management
12 26 (6.12%) Data Analysis
13 25 (5.88%) BDD
13 25 (5.88%) Migration
13 25 (5.88%) Scrum
Programming Languages
1 142 (33.41%) Java
2 139 (32.71%) SQL
3 114 (26.82%) C#
4 71 (16.71%) C++
5 60 (14.12%) Python
6 44 (10.35%) JavaScript
7 43 (10.12%) VBA
8 38 (8.94%) Scala
9 33 (7.76%) T-SQL
10 22 (5.18%) R
11 9 (2.12%) ES6
12 8 (1.88%) Korn
13 6 (1.41%) PL/SQL
13 6 (1.41%) PowerShell
14 4 (0.94%) C
14 4 (0.94%) MATLAB
14 4 (0.94%) Perl
14 4 (0.94%) TypeScript
15 2 (0.47%) Shell Script
15 2 (0.47%) VB.NET
Qualifications
1 34 (8.00%) Degree
2 14 (3.29%) PhD
3 9 (2.12%) Numerate Degree
4 7 (1.65%) Computer Science Degree
5 6 (1.41%) Master's Degree
6 3 (0.71%) CFA
6 3 (0.71%) PMI Certification
7 2 (0.47%) A+ Certification
7 2 (0.47%) CIMA
7 2 (0.47%) PMP
8 1 (0.24%) CISA
8 1 (0.24%) CRISC
Quality Assurance & Compliance
1 21 (4.94%) MiFID
2 18 (4.24%) Data Quality
3 16 (3.76%) QA
4 9 (2.12%) Basel II
5 8 (1.88%) Dodd-Frank
6 6 (1.41%) COREP
7 4 (0.94%) Basel III
8 3 (0.71%) CRD IV
8 3 (0.71%) EMIR
8 3 (0.71%) Sarbanes-Oxley
9 1 (0.24%) COBIT
9 1 (0.24%) ISO/IEC 27001
System Software
1 7 (1.65%) HDFS
2 6 (1.41%) Docker
Systems Management
1 16 (3.76%) Control-M
2 2 (0.47%) BladeLogic
2 2 (0.47%) Dollar Universe
2 2 (0.47%) Oozie
Vendors
1 32 (7.53%) Microsoft
2 24 (5.65%) Oracle
3 16 (3.76%) Murex
3 16 (3.76%) Sybase
4 11 (2.59%) Informatica
5 6 (1.41%) Calypso
5 6 (1.41%) Cloudera
6 4 (0.94%) Sophis
7 3 (0.71%) Remedy
7 3 (0.71%) SAP
7 3 (0.71%) Tableau
7 3 (0.71%) Wallstreet Suite
8 2 (0.47%) Atlassian
8 2 (0.47%) BISAM
8 2 (0.47%) Bloomberg
8 2 (0.47%) FactSet
8 2 (0.47%) StatPro
8 2 (0.47%) Teradata
9 1 (0.24%) Reuters
9 1 (0.24%) SunGard