The median contractor rate for an Operational Risk Manager was £575 per day in advertised job vacancies during the 3 months to 24 June 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Operational Risk Manager
UK
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 598 639 633
Rank change year-on-year +41 -6  
Contract jobs requiring an Operational Risk Manager 3 5 13
As % of all contract IT jobs advertised in the UK 0.006% 0.009% 0.023%
As % of the Job Titles category 0.007% 0.010% 0.024%
Number of daily rates quoted 2 2 9
Median daily rate £575 £433 £500
Median daily rate % change year-on-year +32.94% -13.50%  
90% offered a daily rate of more than £555 £399 £465
10% offered a daily rate of more than £595 £467 £590
UK excluding London median daily rate - £433 £500
% change year-on-year - -13.50%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
UK
Contract job vacancies with a job title containing a recognized job role 43829 51011 53185
As % of all contract IT job vacancies advertised in the UK 94.75% 94.87% 94.80%
Number of daily rates quoted 28353 33254 33375
Median daily rate £438 £425 £400
Median daily rate % change year-on-year +2.94% +6.25%  
90% offered a daily rate of more than £275 £260 £245
10% offered a daily rate of more than £600 £600 £570
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 1353 1511 2053
Median hourly rate £18.00 £17.50 £16.50
Median hourly rate % change year-on-year +2.85% +6.06%  
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £44.00 £40.00
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Operational Risk Manager
Job Vacancy Trend

The job posting trend of jobs advertised that featured Operational Risk Manager in the job title.

Job vacancy trend for Operational Risk Manager in the UK

Operational Risk Manager
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Operational Risk Manager.

Contractor daily rate trend for Operational Risk Manager in the UK

Operational Risk Manager
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Operational Risk Manager within the UK over the 3 months to 24 June 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 +52 3 £575 +47.43%
London - 3 £575 -

Operational Risk Manager Skill Set
Top 15 Co-occurring IT Skills

For the 6 months to 24 June 2017, Operational Risk Manager contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Operational Risk Manager in the job title.

1 2 (66.67%) Project Management
1 2 (66.67%) Business Analysis
1 2 (66.67%) Investment Management
1 2 (66.67%) Finance
2 1 (33.33%) Stakeholder Management
2 1 (33.33%) Business Continuity
2 1 (33.33%) PRINCE2
2 1 (33.33%) PRINCE
2 1 (33.33%) BCP
2 1 (33.33%) GAP Analysis
2 1 (33.33%) Risk Management
2 1 (33.33%) Analytical Skills
2 1 (33.33%) Banking
2 1 (33.33%) Asset Management
2 1 (33.33%) Investment Banking

Operational Risk Manager Skill Set
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:

General
1 2 (66.67%) Finance
2 1 (33.33%) Banking
2 1 (33.33%) Investment Banking
Miscellaneous
1 1 (33.33%) Analytical Skills
Processes & Methodologies
1 2 (66.67%) Business Analysis
1 2 (66.67%) Investment Management
1 2 (66.67%) Project Management
2 1 (33.33%) Asset Management
2 1 (33.33%) BCP
2 1 (33.33%) Business Continuity
2 1 (33.33%) GAP Analysis
2 1 (33.33%) PRINCE
2 1 (33.33%) PRINCE2
2 1 (33.33%) Risk Management
2 1 (33.33%) Stakeholder Management