Risk Analyst Contracts

Risk Analyst
UK

The median Risk Analyst daily rate in the UK is £490, according to job vacancies posted in the 6 months leading up to 1 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 457 508 550
Rank change year-on-year +51 +42 +162
Contract jobs requiring a Risk Analyst 63 74 168
As % of all contract jobs advertised in the UK 0.22% 0.17% 0.28%
As % of the Job Titles category 0.23% 0.18% 0.30%
Number of daily rates quoted 43 49 115
10th Percentile £390 £408 £400
25th Percentile £413 £475 £450
Median daily rate (50th Percentile) £490 £550 £600
Median % change year-on-year -10.91% -8.33% +4.35%
75th Percentile £663 £675 £768
90th Percentile £735 £803 £853
UK excluding London median daily rate £447 £475 £400
% change year-on-year -5.89% +18.75% -22.71%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £30.64
Median hourly rate - - £31.27
75th Percentile - - £31.91
90th Percentile - - -
UK excluding London median hourly rate - - £31.27

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 27,084 40,415 56,464
% of contract IT jobs with a recognized job title 92.52% 92.78% 94.61%
Number of daily rates quoted 17,692 26,309 39,470
10th Percentile £300 £275 £313
25th Percentile £406 £410 £425
Median daily rate (50th Percentile) £515 £525 £540
Median % change year-on-year -1.90% -2.78% +2.86%
75th Percentile £625 £638 £650
90th Percentile £738 £750 £750
UK excluding London median daily rate £475 £492 £500
% change year-on-year -3.46% -1.60% +5.26%
Number of hourly rates quoted 1,035 2,664 1,570
10th Percentile £14.07 £12.86 £14.29
25th Percentile £18.50 £16.30 £19.50
Median hourly rate £29.00 £36.42 £45.00
Median % change year-on-year -20.37% -19.07% +91.49%
75th Percentile £62.50 £60.75 £65.75
90th Percentile £75.00 £72.50 £75.75
UK excluding London median hourly rate £28.00 £39.55 £42.50
% change year-on-year -29.20% -6.94% +117.95%

Risk Analyst
Job Vacancy Trend

Job postings that featured Risk Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Risk Analyst in the UK

Risk Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Risk Analyst.

Daily rate trend for Risk Analyst in the UK

Risk Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Risk Analyst over the 6 months to 1 May 2025.

Daily rate histogram for Risk Analyst in the UK

Risk Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Risk Analyst.

Hourly rate trend for Risk Analyst in the UK

Risk Analyst
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Analyst within the UK over the 6 months to 1 May 2025. 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
Jobs
England +44 54 £495 -12.00% 153
London +21 36 £525 -8.70% 69
Work from Home +39 23 £489 -9.02% 104
UK excluding London +68 22 £447 -5.89% 112
Midlands +23 5 £600 +41.18% 20
North of England +16 4 £438 -7.89% 21
North West +15 4 £438 +9.38% 9
West Midlands +15 4 £600 +33.33% 9
South East +47 3 - - 40
East of England +32 3 £400 -15.89% 14
Scotland +13 3 £438 - 5
Northern Ireland -7 2 £425 -5.56% 4
South West - 2 £525 - 9
East Midlands +10 1 £447 +11.75% 10

Risk Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 1 May 2025, Risk Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Risk Analyst in the job title.

1 39 (61.90%) Social Skills
2 33 (52.38%) Risk Management
3 24 (38.10%) Finance
4 20 (31.75%) Microsoft Excel
4 20 (31.75%) Banking
5 17 (26.98%) SQL
6 16 (25.40%) Microsoft PowerPoint
6 16 (25.40%) Credit Risk
6 16 (25.40%) Analytical Skills
7 14 (22.22%) Problem-Solving
7 14 (22.22%) Python
8 12 (19.05%) Analytics
9 11 (17.46%) Data Analysis
9 11 (17.46%) SAS
9 11 (17.46%) Cybersecurity
10 10 (15.87%) Microsoft
10 10 (15.87%) Project Management
10 10 (15.87%) Front Office
11 8 (12.70%) Stakeholder Management
11 8 (12.70%) VBA
11 8 (12.70%) Investment Banking
11 8 (12.70%) JIRA
11 8 (12.70%) Market Risk
12 7 (11.11%) Tableau
12 7 (11.11%) Confluence
12 7 (11.11%) Microsoft Office
12 7 (11.11%) Business Intelligence
12 7 (11.11%) Validation
12 7 (11.11%) Information Security
12 7 (11.11%) Agile

Risk Analyst Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 11 (17.46%) SAS
2 7 (11.11%) Confluence
3 4 (6.35%) SharePoint
4 1 (1.59%) IBM HTTP Server
Applications
1 20 (31.75%) Microsoft Excel
2 16 (25.40%) Microsoft PowerPoint
3 7 (11.11%) Microsoft Office
4 4 (6.35%) MS Visio
5 2 (3.17%) Spreadsheet
Business Applications
1 3 (4.76%) Bankmaster
Cloud Services
1 7 (11.11%) Power Platform
2 1 (1.59%) Azure
2 1 (1.59%) GCP
Communications & Networking
1 3 (4.76%) LAN
1 3 (4.76%) WAN
2 2 (3.17%) Firewall
Database & Business Intelligence
1 7 (11.11%) Power BI
1 7 (11.11%) Tableau
2 3 (4.76%) Looker
3 2 (3.17%) Metadata
Development Applications
1 8 (12.70%) JIRA
General
1 39 (61.90%) Social Skills
2 24 (38.10%) Finance
3 20 (31.75%) Banking
4 16 (25.40%) Analytical Skills
5 10 (15.87%) Front Office
6 8 (12.70%) Investment Banking
7 7 (11.11%) Presentation Skills
8 5 (7.94%) Inclusion and Diversity
9 4 (6.35%) Retail Banking
10 3 (4.76%) Legal
10 3 (4.76%) Pharmaceutical
10 3 (4.76%) Retail
11 2 (3.17%) Organisational Skills
12 1 (1.59%) Corporate Banking
12 1 (1.59%) Financial Institution
12 1 (1.59%) International Banking
Miscellaneous
1 16 (25.40%) Credit Risk
2 8 (12.70%) Market Risk
3 4 (6.35%) Operational Technology
3 4 (6.35%) Product Ownership
4 2 (3.17%) Data Centre
4 2 (3.17%) Equities
4 2 (3.17%) Management Information System
4 2 (3.17%) Security Posture
5 1 (1.59%) Cyber Threat
5 1 (1.59%) Derivative
5 1 (1.59%) Interest Rate Derivative
5 1 (1.59%) Pricing Data
5 1 (1.59%) Reference Data
5 1 (1.59%) Taxonomies
5 1 (1.59%) Virtual Team
Operating Systems
1 3 (4.76%) Windows
Processes & Methodologies
1 33 (52.38%) Risk Management
2 14 (22.22%) Problem-Solving
3 12 (19.05%) Analytics
4 11 (17.46%) Cybersecurity
4 11 (17.46%) Data Analysis
5 10 (15.87%) Project Management
6 8 (12.70%) Stakeholder Management
7 7 (11.11%) Agile
7 7 (11.11%) Business Intelligence
7 7 (11.11%) Decision-Making
7 7 (11.11%) Information Security
7 7 (11.11%) Validation
8 6 (9.52%) Visualisation
9 5 (7.94%) Data Visualisation
9 5 (7.94%) PnL Attribution
9 5 (7.94%) Risk Assessment
9 5 (7.94%) Stress Testing
10 4 (6.35%) Fintech
10 4 (6.35%) Regulatory Compliance
10 4 (6.35%) Strategic Thinking
Programming Languages
1 17 (26.98%) SQL
2 14 (22.22%) Python
3 8 (12.70%) VBA
4 1 (1.59%) MATLAB
4 1 (1.59%) R
Qualifications
1 5 (7.94%) Degree
2 3 (4.76%) CISM
2 3 (4.76%) CISSP
2 3 (4.76%) Master's Degree
3 2 (3.17%) CISA
4 1 (1.59%) CRISC
4 1 (1.59%) Numerate Degree
4 1 (1.59%) SC Cleared
4 1 (1.59%) Security Cleared
Quality Assurance & Compliance
1 6 (9.52%) Data Quality
2 5 (7.94%) NIST
2 5 (7.94%) QA
3 4 (6.35%) GRC
3 4 (6.35%) IFRS
3 4 (6.35%) IFRS 9
3 4 (6.35%) NIST 800
4 3 (4.76%) ISO/IEC 27001
5 2 (3.17%) Basel III
5 2 (3.17%) NCSC
6 1 (1.59%) GDPR
6 1 (1.59%) ISO 31000
6 1 (1.59%) ISO/IEC 27005
6 1 (1.59%) PMO
Systems Management
1 2 (3.17%) RSA Archer
Vendors
1 10 (15.87%) Microsoft
2 3 (4.76%) Alteryx
3 2 (3.17%) OneTrust
4 1 (1.59%) Databricks
4 1 (1.59%) Google
4 1 (1.59%) Murex