Period
to 21 November 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 November 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 Nov 2017
Same period 2016 Same period 2015
Rank 486 618 467
Rank change year-on-year +132 -151 +31
Contract jobs citing Market Risk 444 273 476
As % of all contract IT jobs advertised in the UK 0.43% 0.26% 0.42%
As % of the Miscellaneous category 1.28% 0.79% 1.29%
Number of daily rates quoted 312 194 347
UK median daily rate £625 £625 £575
Median daily rate % change year-on-year - +8.70% +4.55%
10th Percentile £450 £450 £406
90th Percentile £938 £913 £713
UK excluding London median daily rate £475 £463 £413
% change year-on-year +2.70% +12.12% -5.71%
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 34682 34666 36957
As % of all contract IT jobs advertised in the UK 33.63% 33.10% 32.54%
Number of daily rates quoted 23021 22730 23492
UK median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.19% +5.00%
10th Percentile £263 £250 £240
90th Percentile £650 £625 £616
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 1016 1189 1465
UK median hourly rate £20.92 £20.67 £19.50
Median hourly rate % change year-on-year +1.22% +6.00% +8.33%
10th Percentile £11.25 £11.72 £11.25
90th Percentile £48.75 £47.50 £47.25
UK excluding London median hourly rate £20.00 £21.00 £19.00
% change year-on-year -4.76% +10.53% +8.57%

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 November 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 10 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 November 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 +137 435 £625 -2.34% 24
London +83 419 £625 -3.10% 23
UK excluding London +32 23 £475 +2.70% 1
Midlands +25 6 £413 +17.86%
East Midlands - 6 £413 -
Scotland - 6 £475 -
South East +1 5 £600 -7.69%
North of England - 5 £575 - 1
North West - 5 £575 - 1
Northern Ireland -47 1 - -

For the 6 months to 21 November 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.

1 234 (52.70%) Finance
2 199 (44.82%) Banking
3 176 (39.64%) Front Office
4 153 (34.46%) Investment Banking
5 150 (33.78%) SQL
6 132 (29.73%) Credit Risk
7 131 (29.50%) Java
8 128 (28.83%) Risk Management
9 119 (26.80%) C#
10 117 (26.35%) Agile Software Development
11 86 (19.37%) Derivative
12 77 (17.34%) C++
13 62 (13.96%) .NET
14 60 (13.51%) Analytics
15 59 (13.29%) Python
16 57 (12.84%) Foreign Exchange (FX)
16 57 (12.84%) Stress Testing
17 56 (12.61%) Mathematics
18 53 (11.94%) Hadoop
18 53 (11.94%) Big Data
18 53 (11.94%) Fixed Income
19 50 (11.26%) SQL Server
20 49 (11.04%) WCF
21 47 (10.59%) WPF
22 46 (10.36%) JIRA
23 42 (9.46%) JavaScript
24 40 (9.01%) TDD
25 38 (8.56%) Project Management
26 37 (8.33%) Oracle
26 37 (8.33%) Microsoft Excel

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 27 (6.08%) Apache Spark
2 12 (2.70%) SAS
3 11 (2.48%) Tomcat
4 8 (1.80%) Cloud Foundry
4 8 (1.80%) Oracle Coherence
5 6 (1.35%) Apache Pig
6 5 (1.13%) Apache
7 4 (0.90%) SharePoint
8 2 (0.45%) GemFire
9 1 (0.23%) DataSynapse
9 1 (0.23%) Mongoose
9 1 (0.23%) Oracle SOA Suite
9 1 (0.23%) WebSphere
Applications
1 37 (8.33%) Microsoft Excel
2 14 (3.15%) MS Visio
3 13 (2.93%) Microsoft Office
4 10 (2.25%) Microsoft PowerPoint
5 9 (2.03%) Microsoft Project
6 1 (0.23%) Spreadsheet
Business Applications
1 1 (0.23%) Markit EDM
1 1 (0.23%) Oracle General Ledger
1 1 (0.23%) Summit
1 1 (0.23%) SunGard APT
1 1 (0.23%) Sylvan
Cloud Services
1 10 (2.25%) Microsoft Azure
2 8 (1.80%) Amazon AWS
2 8 (1.80%) Cloud Computing
Communications & Networking
1 6 (1.35%) SMS
2 1 (0.23%) HTTP
2 1 (0.23%) HTTPS
Database & Business Intelligence
1 53 (11.94%) Big Data
1 53 (11.94%) Hadoop
2 50 (11.26%) SQL Server
3 33 (7.43%) NoSQL
4 28 (6.31%) MongoDB
5 21 (4.73%) HBase
6 20 (4.50%) SQL Server Reporting Services
7 18 (4.05%) SQL Server Analysis Services
8 11 (2.48%) Data Warehouse
8 11 (2.48%) Relational Database
9 10 (2.25%) Apache Hive
10 9 (2.03%) Impala
11 8 (1.80%) Data Mining
11 8 (1.80%) MS Access
12 7 (1.58%) Oracle BI EE
12 7 (1.58%) Oracle Discoverer
12 7 (1.58%) SAS Enterprise Guide
12 7 (1.58%) Snowflake Schema
12 7 (1.58%) SQL Server Integration Services
13 6 (1.35%) Apache Cassandra
Development Applications
1 46 (10.36%) JIRA
2 27 (6.08%) Subversion
3 20 (4.50%) Atlassian Bamboo
4 12 (2.70%) Git (software)
5 10 (2.25%) Maven
6 9 (2.03%) Cucumber
7 7 (1.58%) ERwin
7 7 (1.58%) Team Foundation Server
7 7 (1.58%) Visual Studio
8 6 (1.35%) Jasmine
8 6 (1.35%) Jenkins
9 5 (1.13%) Ant
9 5 (1.13%) ClearCase
9 5 (1.13%) TeamCity
9 5 (1.13%) Toad
10 4 (0.90%) FitNesse
10 4 (0.90%) JUnit
10 4 (0.90%) Mocha
10 4 (0.90%) SpecFlow
11 3 (0.68%) SonarQube
General
1 234 (52.70%) Finance
2 199 (44.82%) Banking
3 176 (39.64%) Front Office
4 153 (34.46%) Investment Banking
5 26 (5.86%) Financial Institution
6 14 (3.15%) Back Office
7 2 (0.45%) International Banking
7 2 (0.45%) Japanese Language
8 1 (0.23%) General Ledger
8 1 (0.23%) Law
8 1 (0.23%) Legal
8 1 (0.23%) Retail
8 1 (0.23%) Retail Banking
8 1 (0.23%) Wholesale Banking
Job Titles
1 211 (47.52%) Developer
2 142 (31.98%) Analyst
3 103 (23.20%) Risk Analyst
4 89 (20.05%) Business Analyst
5 64 (14.41%) Java Developer
6 60 (13.51%) Market Risk Analyst
7 58 (13.06%) Risk Business Analyst
8 51 (11.49%) Quantitative Developer
9 46 (10.36%) C# Developer
10 43 (9.68%) Banking Analyst
11 42 (9.46%) Qualitative Analyst
11 42 (9.46%) Quantitative Analyst
12 41 (9.23%) Quantitative Risk Analyst
13 39 (8.78%) Market Risk Business Analyst
13 39 (8.78%) Risk Manager
14 33 (7.43%) Credit Risk Developer
15 31 (6.98%) Project Manager
16 29 (6.53%) Analytics Developer
16 29 (6.53%) Market Risk Developer
17 28 (6.31%) Risk Project Manager
Libraries, Frameworks & Software Standards
1 62 (13.96%) .NET
2 49 (11.04%) WCF
3 47 (10.59%) WPF
4 36 (8.11%) AngularJS
5 26 (5.86%) HTML
5 26 (5.86%) Node.js
6 24 (5.41%) .NET Framework
7 19 (4.28%) CSS
8 18 (4.05%) Kafka
9 17 (3.83%) HTML5
9 17 (3.83%) Reactive Extensions
10 16 (3.60%) Task Parallel Library
10 16 (3.60%) Web Services
11 13 (2.93%) REST
12 12 (2.70%) Akka
13 11 (2.48%) XML
14 9 (2.03%) CSS3
14 9 (2.03%) Gherkin
14 9 (2.03%) LINQ
14 9 (2.03%) React
Miscellaneous
1 132 (29.73%) Credit Risk
2 86 (19.37%) Derivative
3 57 (12.84%) Foreign Exchange (FX)
4 53 (11.94%) Fixed Income
5 36 (8.11%) Analytical Skills
6 29 (6.53%) Greenfield Project
7 26 (5.86%) Equities
8 24 (5.41%) Computer Science
9 19 (4.28%) Enterprise Software
10 17 (3.83%) Fintech
11 9 (2.03%) Data Structures
12 8 (1.80%) Interest Rate Derivative
13 6 (1.35%) Credit Derivative
13 6 (1.35%) Grid Computing
13 6 (1.35%) User Experience
14 3 (0.68%) Equity Derivative
14 3 (0.68%) Hedge funds
14 3 (0.68%) Virtual Team
15 2 (0.45%) Management Information System
15 2 (0.45%) Reference Data
Operating Systems
1 29 (6.53%) Linux
2 18 (4.05%) Unix
3 17 (3.83%) Windows
Processes & Methodologies
1 128 (28.83%) Risk Management
2 117 (26.35%) Agile Software Development
3 60 (13.51%) Analytics
4 57 (12.84%) Stress Testing
5 56 (12.61%) Mathematics
6 40 (9.01%) TDD
7 38 (8.56%) Project Management
8 36 (8.11%) Asset Management
9 35 (7.88%) User Acceptance Testing
10 34 (7.66%) Business Analysis
10 34 (7.66%) Multithreading
10 34 (7.66%) PnL Attribution
10 34 (7.66%) Validation
11 33 (7.43%) Front End Development
12 31 (6.98%) SDLC
12 31 (6.98%) Stakeholder Management
13 29 (6.53%) ETL
14 28 (6.31%) BDD
14 28 (6.31%) Physics
15 27 (6.08%) Business Intelligence
Programming Languages
1 150 (33.78%) SQL
2 131 (29.50%) Java
3 119 (26.80%) C#
4 77 (17.34%) C++
5 59 (13.29%) Python
6 42 (9.46%) JavaScript
7 37 (8.33%) Scala
8 35 (7.88%) T-SQL
8 35 (7.88%) VBA
9 22 (4.95%) R
10 13 (2.93%) PL/SQL
11 8 (1.80%) ES6
11 8 (1.80%) Perl
12 7 (1.58%) Korn
13 5 (1.13%) SAS Macro
14 4 (0.90%) Shell Script
14 4 (0.90%) TypeScript
15 3 (0.68%) Bash Shell
15 3 (0.68%) MATLAB
16 2 (0.45%) C
Qualifications
1 28 (6.31%) Degree
2 12 (2.70%) PhD
3 6 (1.35%) Master's Degree
4 4 (0.90%) Computer Science Degree
4 4 (0.90%) Numerate Degree
5 2 (0.45%) CFA
5 2 (0.45%) CIMA
5 2 (0.45%) PMI Certification
5 2 (0.45%) PMP
6 1 (0.23%) A+ Certification
6 1 (0.23%) CISA
6 1 (0.23%) CRISC
Quality Assurance & Compliance
1 25 (5.63%) MiFID
2 20 (4.50%) QA
3 12 (2.70%) Data Quality
4 10 (2.25%) Basel II
5 8 (1.80%) Dodd-Frank
6 6 (1.35%) COREP
6 6 (1.35%) EMIR
7 3 (0.68%) Sarbanes-Oxley
8 2 (0.45%) Basel III
8 2 (0.45%) CRD IV
9 1 (0.23%) COBIT
9 1 (0.23%) ISO/IEC 27001
System Software
1 12 (2.70%) HDFS
2 6 (1.35%) Docker
3 3 (0.68%) Apache ZooKeeper
Systems Management
1 13 (2.93%) Control-M
2 3 (0.68%) Mesos
3 2 (0.45%) Oozie
Vendors
1 37 (8.33%) Oracle
2 32 (7.21%) Microsoft
3 15 (3.38%) Informatica
4 13 (2.93%) Murex
5 12 (2.70%) Sybase
6 10 (2.25%) Tableau
7 6 (1.35%) Cloudera
8 5 (1.13%) Cognos
9 2 (0.45%) Bloomberg
9 2 (0.45%) Teradata
10 1 (0.23%) BISAM
10 1 (0.23%) FactSet
10 1 (0.23%) GoldenSource
10 1 (0.23%) IBM
10 1 (0.23%) Perforce
10 1 (0.23%) Reuters
10 1 (0.23%) StatPro
10 1 (0.23%) SunGard
10 1 (0.23%) Wallstreet Suite