Period
to 21 February 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 February 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 Feb 2018
Same period 2017 Same period 2016
Rank 584 582 520
Rank change year-on-year -2 -62 -4
Contract jobs citing Market Risk 300 267 381
As % of all contract IT jobs advertised in the UK 0.30% 0.28% 0.36%
As % of the Miscellaneous category 0.88% 0.85% 1.09%
Number of daily rates quoted 230 204 243
UK median daily rate £645 £600 £588
Median daily rate % change year-on-year +7.50% +2.13% +2.17%
10th Percentile £413 £441 £433
90th Percentile £825 £913 £825
UK excluding London median daily rate £575 - £600
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
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 33,913 31,424 34,832
As % of all contract IT jobs advertised in the UK 33.39% 32.73% 32.75%
Number of daily rates quoted 22,693 20,518 22,449
UK median daily rate £450 £425 £425
Median daily rate % change year-on-year +5.88% - +6.25%
10th Percentile £263 £256 £245
90th Percentile £650 £625 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year - +6.67% +3.45%
Number of hourly rates quoted 1,010 1,115 1,303
UK median hourly rate £22.50 £20.00 £20.50
Median hourly rate % change year-on-year +12.50% -2.44% +17.14%
10th Percentile £11.80 £11.32 £11.50
90th Percentile £50.67 £47.50 £48.75
UK excluding London median hourly rate £22.00 £19.00 £20.00
% change year-on-year +15.79% -5.00% +18.69%

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 February 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 11 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 February 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 +17 297 £645 +7.46% 23
London -5 288 £650 +8.29% 20
UK excluding London +1 12 £575 - 5
North of England - 6 £525 - 1
North West - 5 £575 -
Scotland - 2 £390 - 2
East Midlands - 2 £775 -
Midlands - 2 £775 -
Yorkshire - 1 £225 - 1
Northern Ireland - 1 - -
South East - 1 - - 1

For the 6 months to 21 February 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.

1 164 (54.67%) Finance
2 145 (48.33%) Banking
3 104 (34.67%) SQL
4 103 (34.33%) Risk Management
5 100 (33.33%) Front Office
6 99 (33.00%) Investment Banking
7 94 (31.33%) Credit Risk
8 79 (26.33%) Agile Software Development
9 75 (25.00%) C#
10 73 (24.33%) Java
11 51 (17.00%) Derivative
12 45 (15.00%) .NET
13 43 (14.33%) C++
14 42 (14.00%) Stress Testing
15 40 (13.33%) Project Management
16 39 (13.00%) Oracle
17 37 (12.33%) SQL Server
18 36 (12.00%) Analytical Skills
19 35 (11.67%) WCF
20 34 (11.33%) Microsoft Excel
21 33 (11.00%) WPF
22 31 (10.33%) Analytics
23 30 (10.00%) Fixed Income
24 29 (9.67%) JIRA
24 29 (9.67%) ETL
24 29 (9.67%) Microsoft
25 28 (9.33%) Data Modelling
25 28 (9.33%) VBA
25 28 (9.33%) Business Analysis
25 28 (9.33%) SDLC

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 22 (7.33%) Apache Spark
2 10 (3.33%) Oracle Coherence
2 10 (3.33%) SAS
3 8 (2.67%) Tomcat
4 6 (2.00%) Oracle SOA Suite
5 4 (1.33%) JBoss
5 4 (1.33%) SharePoint
5 4 (1.33%) WebLogic
6 3 (1.00%) Apache
6 3 (1.00%) Confluence
7 2 (0.67%) Mongoose
8 1 (0.33%) DataSynapse
8 1 (0.33%) GemFire
8 1 (0.33%) IIS
8 1 (0.33%) nginx
8 1 (0.33%) WebSphere
Applications
1 34 (11.33%) Microsoft Excel
2 17 (5.67%) MS Visio
3 11 (3.67%) Microsoft PowerPoint
4 5 (1.67%) Microsoft Project
5 2 (0.67%) Microsoft Office
6 1 (0.33%) Spreadsheet
Business Applications
1 4 (1.33%) Summit
2 3 (1.00%) Sophis RISQUE
3 1 (0.33%) Oracle General Ledger
3 1 (0.33%) SunGard APT
Cloud Services
1 7 (2.33%) OpenShift
2 2 (0.67%) Cloud Computing
2 2 (0.67%) Google Analytics
3 1 (0.33%) Microsoft Azure
Communications & Networking
1 10 (3.33%) SMS
2 2 (0.67%) HTTP
3 1 (0.33%) snoop
Database & Business Intelligence
1 37 (12.33%) SQL Server
2 25 (8.33%) Hadoop
3 24 (8.00%) Big Data
4 17 (5.67%) NoSQL
5 16 (5.33%) MongoDB
6 14 (4.67%) Relational Database
7 13 (4.33%) OLAP
8 12 (4.00%) RDBMS
9 11 (3.67%) SQL Server Reporting Services
10 10 (3.33%) SQL Server Analysis Services
11 8 (2.67%) Oracle OLAP
11 8 (2.67%) SQL Server Integration Services
12 7 (2.33%) Oracle BI EE
12 7 (2.33%) Oracle Discoverer
12 7 (2.33%) SAS Enterprise Guide
12 7 (2.33%) Snowflake Schema
13 6 (2.00%) HBase
13 6 (2.00%) OLAP Cube
14 5 (1.67%) Oracle Database
14 5 (1.67%) Oracle Database 11g
Development Applications
1 29 (9.67%) JIRA
2 16 (5.33%) Subversion
3 15 (5.00%) Atlassian Bamboo
4 11 (3.67%) Cucumber
4 11 (3.67%) Git (software)
5 7 (2.33%) ERwin
5 7 (2.33%) Jenkins
6 5 (1.67%) Maven
6 5 (1.67%) SonarQube
6 5 (1.67%) TeamCity
6 5 (1.67%) Toad
7 4 (1.33%) JUnit
8 3 (1.00%) FitNesse
8 3 (1.00%) Jasmine
8 3 (1.00%) Selenium
9 2 (0.67%) Bitbucket
9 2 (0.67%) Concordion
9 2 (0.67%) Grunt
9 2 (0.67%) Karma Test Runner
9 2 (0.67%) Protractor
General
1 164 (54.67%) Finance
2 145 (48.33%) Banking
3 100 (33.33%) Front Office
4 99 (33.00%) Investment Banking
5 22 (7.33%) Financial Institution
6 8 (2.67%) Back Office
7 2 (0.67%) International Banking
7 2 (0.67%) Japanese Language
8 1 (0.33%) General Ledger
8 1 (0.33%) Law
8 1 (0.33%) Legal
8 1 (0.33%) Retail
8 1 (0.33%) Wholesale Banking
Job Titles
1 127 (42.33%) Developer
2 96 (32.00%) Analyst
3 69 (23.00%) Risk Analyst
4 61 (20.33%) Business Analyst
5 41 (13.67%) C# Developer
5 41 (13.67%) Risk Business Analyst
6 34 (11.33%) Market Risk Analyst
7 31 (10.33%) Project Manager
7 31 (10.33%) Risk Manager
8 26 (8.67%) Java Developer
8 26 (8.67%) Market Risk Business Analyst
9 25 (8.33%) Banking Analyst
9 25 (8.33%) Risk Project Manager
10 24 (8.00%) Quantitative Developer
11 23 (7.67%) Market Risk Developer
12 21 (7.00%) C# WPF Developer
12 21 (7.00%) WPF Developer
13 20 (6.67%) C# WCF Developer
13 20 (6.67%) WCF Developer
14 19 (6.33%) Market Risk Project Manager
Libraries, Frameworks & Software Standards
1 45 (15.00%) .NET
2 35 (11.67%) WCF
3 33 (11.00%) WPF
4 17 (5.67%) .NET Framework
5 11 (3.67%) Reactive Extensions
5 11 (3.67%) Task Parallel Library
6 10 (3.33%) Kafka
7 9 (3.00%) AngularJS
8 8 (2.67%) Akka
8 8 (2.67%) Node.js
9 7 (2.33%) Gherkin
9 7 (2.33%) MDX
9 7 (2.33%) XML
10 6 (2.00%) HTML
10 6 (2.00%) Spring
11 5 (1.67%) Boost C++ Libraries
11 5 (1.67%) HTML5
11 5 (1.67%) Web Services
12 4 (1.33%) REST
12 4 (1.33%) RESTful
Miscellaneous
1 94 (31.33%) Credit Risk
2 51 (17.00%) Derivative
3 36 (12.00%) Analytical Skills
4 30 (10.00%) Fixed Income
5 25 (8.33%) Foreign Exchange (FX)
6 24 (8.00%) Greenfield Project
7 18 (6.00%) Computer Science
8 15 (5.00%) Enterprise Software
9 12 (4.00%) Equities
10 11 (3.67%) Management Information System
11 9 (3.00%) Fintech
12 8 (2.67%) Grid Computing
13 4 (1.33%) Data Structures
13 4 (1.33%) Hedge funds
13 4 (1.33%) Interest Rate Derivative
14 3 (1.00%) Analytical Mindset
14 3 (1.00%) Equity Derivative
14 3 (1.00%) Virtual Team
15 2 (0.67%) Linux Command Line
15 2 (0.67%) OTC Derivatives
Operating Systems
1 21 (7.00%) Linux
2 9 (3.00%) Unix
2 9 (3.00%) Windows
Processes & Methodologies
1 103 (34.33%) Risk Management
2 79 (26.33%) Agile Software Development
3 42 (14.00%) Stress Testing
4 40 (13.33%) Project Management
5 31 (10.33%) Analytics
6 29 (9.67%) ETL
7 28 (9.33%) Business Analysis
7 28 (9.33%) Data Modelling
7 28 (9.33%) Multithreading
7 28 (9.33%) SDLC
8 27 (9.00%) Stakeholder Management
9 23 (7.67%) User Acceptance Testing
10 20 (6.67%) Migration
10 20 (6.67%) Technical Analysis
11 17 (5.67%) Mathematics
12 16 (5.33%) Functional Programming
12 16 (5.33%) Integration Testing
13 15 (5.00%) Greeks
13 15 (5.00%) MVVM
13 15 (5.00%) Test Scripting
Programming Languages
1 104 (34.67%) SQL
2 75 (25.00%) C#
3 73 (24.33%) Java
4 43 (14.33%) C++
5 28 (9.33%) VBA
6 27 (9.00%) Python
7 22 (7.33%) T-SQL
8 18 (6.00%) Scala
9 13 (4.33%) JavaScript
9 13 (4.33%) PL/SQL
10 9 (3.00%) Perl
11 8 (2.67%) R
12 5 (1.67%) SAS Macro
12 5 (1.67%) XMLA
13 4 (1.33%) Bash Shell
14 3 (1.00%) Korn
14 3 (1.00%) MATLAB
14 3 (1.00%) PowerShell
14 3 (1.00%) Shell Script
15 2 (0.67%) C
Qualifications
1 19 (6.33%) Degree
2 7 (2.33%) Computer Science Degree
3 4 (1.33%) Master's Degree
4 3 (1.00%) PMI Certification
5 2 (0.67%) PMP
6 1 (0.33%) CFA
6 1 (0.33%) PhD
Quality Assurance & Compliance
1 20 (6.67%) MiFID
2 14 (4.67%) QA
3 13 (4.33%) Basel II
4 11 (3.67%) EMIR
5 10 (3.33%) Data Quality
5 10 (3.33%) Dodd-Frank
6 5 (1.67%) Basel III
7 3 (1.00%) FATCA
7 3 (1.00%) Solvency II
8 2 (0.67%) COREP
8 2 (0.67%) CRD IV
System Software
1 6 (2.00%) HDFS
2 3 (1.00%) Apache ZooKeeper
Systems Management
1 9 (3.00%) Control-M
2 3 (1.00%) Mesos
3 1 (0.33%) Dollar Universe
Vendors
1 39 (13.00%) Oracle
2 29 (9.67%) Microsoft
3 12 (4.00%) Informatica
4 11 (3.67%) Tableau
5 9 (3.00%) Murex
6 6 (2.00%) Sophis
7 5 (1.67%) SAP
7 5 (1.67%) Sybase
8 4 (1.33%) Cognos
9 3 (1.00%) Calypso
10 2 (0.67%) Google
10 2 (0.67%) Perforce
11 1 (0.33%) DevExpress
11 1 (0.33%) GoldenSource
11 1 (0.33%) Infragistics
11 1 (0.33%) Solace
11 1 (0.33%) SunGard
11 1 (0.33%) Telerik
11 1 (0.33%) TIBCO
11 1 (0.33%) Wallstreet Suite